2025-05-09T12:40:33-04:00 2024-06-30 133747593 VARGAS & RIVERA CPA'S LLP 586 ROUTE 304 NEW CITY NY 10956 990 2023-07-01 562453276 CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE CHAR 2127867913 260 WARBURTON AVENUE YONKERS NY 10701 EDUARDO LAGUERRE BOARD CHAIRMAN 9144765070 2025-05-09 true false LUIS C RIVERA P00645103 8456383113 2025-05-09 2023 2025-03-06 01:10:19Z EDUARDO LAGUERRE 260 WARBURTON AVENUE YONKERS NY 10701 24971613 false X CHARTERSCHOOLOFEDUCATIONALEXCELLENCE.O X 2004 NY THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL 9 9 170 0 2861448 3158812 19954189 21082250 379975 730551 0 23195612 24971613 0 0 12402636 13390138 0 0 12457110 12529382 24859746 25919520 -1664134 -947907 88631393 87190674 81463024 80970212 7168369 6220462 X THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCEL false false 22754676 21082250 PROVIDES INSTRUCTIONAL AND EDUCATIONAL SERVICES TO APPROXIMATELY 1123 STUDENTS GRADES K THROUGH 12TH. 22754676 true true false false false false false false false false true false false true true false true false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false true 61 0 true 170 true false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false NY X THE SCHOOL 9144765070 260 WARBURTON AVENUE YONKERS NY 10701 CINDY LOPEZ SUPERINTENDE 40.00 X 217885 0 0 JESSICA JACARUSO PRINCIPAL - 40.00 X 175650 0 0 MICHAEL DESIMONE PHYS ED/ATHL 40.00 X 165067 0 0 JENNIFER SPINA PRINCIPAL - 40.00 X 161790 0 0 DWAIN PALMER PRINCIPAL - 40.00 X 152366 0 0 NADINE BURNS-LYONS SECRETARY 1.00 X X 0 0 0 SOBEIDA CRUZ FOUNDER 1.00 X 0 0 0 WILSON SOTO ESQ TRUSTEE 1.00 X 0 0 0 ERIKA FERMIN PTO PRESIDEN 1.00 X 0 0 0 JIM KILLORAN EXECUTIVE CO 1.00 X 0 0 0 EDUARDO LAGUERRE BOARD CHAIRM 1.00 X X 0 0 0 DR JAMES STENERSON TRUSTEE 1.00 X 0 0 0 872758 5 false true false TUR-BUS EXPRESS CORP 482 SAW MILL ROAD YONKERS NY 10701 TRANSPORTATION 992230 WELLS FARGO NA (ARON SECURITY INC PO BOX 789072 PHILADELPHIA PA 19178 SECURITY 386089 FCR BUILDERS 1244 SAW MILL RIVER ROAD YONKERS NY 10710 CONSTRUCTION 344619 CLASSICO BUILDING MAINTENANCE INC 2580 BOSTON ROAD BRONX NY 10467 JANITORIAL 301756 BOOSTED FINANCE PO BOX 70 PLAINVIEW NY 11803 FISCAL SERVICES 233200 5 2944812 214000 3158812 RESIDENT STUDENT ENROLLMENT 611600 21082250 21082250 21082250 730551 730551 24971613 21082250 730551 10348609 9448904 899705 840881 767775 73106 1343099 1226330 116769 857549 782994 74555 109386 109386 30000 30000 1081976 438862 643114 55511 50685 4826 62968 57494 5474 158991 145168 13823 1292738 1180348 112390 2299758 2099817 199941 2933502 2678464 255038 357604 91420 266184 STUDENT SERVICES 937088 855618 81470 TRANSPORTATION (STUDENTS) 886821 809721 77100 MISCELLANEOUS EXPENSES 765155 698634 66521 MAINTENANCE & REPAIRS 715884 653645 62239 842000 768797 73203 25919520 22754676 3164844 0 541466 172295 10463300 11595321 2079813 2398355 37279 99468 58924223 18067762 42750113 40856461 32759422 32068774 88631393 87190674 695212 510366 100000 295300 48500000 47985000 32167812 32179546 81463024 80970212 X 7168369 6220462 7168369 6220462 88631393 87190674 X -947907 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2478280 2478280 48859817 11930457 36929360 4008776 3167386 841390 2804019 2311974 492045 773331 657945 115386 40856461 OPERATING LEASE ROU - NET 23969996 CASH-RESTRICTED AND DEBT SVC ACCTS 5557611 DEFERRED FINANCING COST - NET 2365773 ESCROW DEPOSITS 102127 SECURITY DEPOSIT 73267 32068774 OPERATING LEASE LIABILITY 24653734 PREMIUM ON BONDS PAYABLE 3948824 ACCRUED PAYROLL & RELATED EXP 3430129 ACCRUED INTEREST 146859 32179546 24971613 24971613 24971613 25919520 25919520 25919520 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 INCLUDED IN ALL SOLICITATION MATERIAL. SCHEDULE E, LINE 6 THS SCHOOL APPLIES FOR VARIOUS GOVERNMENTAL GRANTS EACH YEAR WHICH ARE BASED ON SEVERAL FACTORS SUCH AS TOTAL STUDENTS ENROLLED IN THE SCHOOL YEAR. RECEIVES STATE APPROVED "PER PUPIL' RATES OF REVENUE FROM SCHOOL DISTRICTS false false false false false false false false false CINDY LOPEZ SUPERINTENDENT 217885 217885 JESSICA JACARUSO PRINCIPAL - MS 175650 175650 MICHAEL DESIMONE PHYS ED/ATHLETIC DIR 165067 165067 JENNIFER SPINA PRINCIPAL - ES 161790 161790 DWAIN PALMER PRINCIPAL - HS 152366 152366 A YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAD3 2019-11-01 3060000 THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB false false false B YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAE1 2019-11-01 8610000 THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB false false false C YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAF8 2019-11-01 14030000 THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB false false false D YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAG6 2019-11-01 10040000 THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB false false false A 2020 false false true true B 2020 false false true true C 2020 false false true true D 2020 false false true true A false false false false false false false B false false false false false false false C false false false false false false false D false false false false false false false A false false false false false false false false false B false false false false false false false false false C false false false false false false false false false D false false false false false false false false false A false B false C false D false PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. A YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAH4 2019-11-01 1045000 THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEB false false false B YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAJ0 2020-11-01 1065000 THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB false false false C YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAK7 2020-11-01 3845000 THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB false false false D YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAL5 2020-11-01 6275000 THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB false false false A 2020 false false true true B 2021 false false true true C 2021 false false true true D 2021 false false true true A false false false false false false false B false false false false false false false C false false false false false false false D false false false false false false false A false false false false false false false false false B false false false false false false false false false C false false false false false false false false false D false false false false false false false false false A false B false C false D false PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP. THE PROCEEDS OF THE SERIES 2019 BONDS ARE FOR THE FOLLOWING PURPOSES:(I) REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2019 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOUS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. A YONKERS ECONOMIC DEVELOPMENT CORP 421730564 98608MAM3 2020-11-01 530000 THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEB false false false A 2021 false false true true A false false false false false false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION YONKERS ECONOMIC DEVELOPMENT CORP THE PROCEEDS OF THE SERIES 2020 BONDS ARE FOR THE FOLLOWING PURPOSES: (I)REFINANCING THE PRIOR INDEBTEDNESS WHICH FINANCED LEASEHOLD IMPROVEMENTS TO THE EXISTING FACILITY; (II) FINANCING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE NEW FACILITY; (III) PAYING CAPITALIZED INTEREST ON THE SERIES 2020 BONDS DURING CONSTRUCTION OF THE NEW FACILITY; (IV) FUNDING A RESERVE FUND; AND (V) FINANCING VARIOS COSTS INCIDENTAL TO THE FINANCING, INCLUDING COSTS OF ISSUANCE. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE (CSEE) IS TO PRODUCE STUDENTS WHO MEET OR EXCEED ALL NEW YORK STATE LEARNING STANDARDS. CSEE WILL DO THIS BY CREATING A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS FOR EVERY CHILD WITH AN EMPHASIS ON THE BASIC SUBJECT AREAS OF ENGLISH-LANGUAGE ARTS, MATHEMATICS, SOCIAL STUDIES, AND SCIENCE. THE SCHOOL WILL EMPLOY STANDARDS BASED AND RESEARCH PROVEN CURRICULUM, IMPLEMENT BEST EDUCATIONAL PRACTICES, USE A VARIETY OF ASSESSMENTS TO MEASURE ON-GOING STUDENT PROGRESS IN SKILLS AND CONTENT LEARNING, AND SUPPORT TEACHERS WITH PROFESSIONAL DEVELOPMENT ACTIVITIES THAT ARE ALIGNED TO THE INSTRUCTIONAL PROGRAM. CSEES EMPHASIS ON BASIC SUBJECTS WILL GIVE STUDENTS A STRONG ACADEMIC FOUNDATION THAT WILL ALLOW THEM TO BECOME CRITICAL THINKERS AND LIFE-LONG LEARNERS. THE SCHOOL WILL ALSO EXPOSE STUDENTS TO A DIVERSE CURRICULUM THAT PROMOTES APPRECIATION OF ART, MUSIC, AND CULTURAL AWARENESS. THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE WILL PROVIDE A SAFE AND NURTURING ENVIRONMENT FOR ALL STUDENTS AND FOSTER A STRONG PARTNERSHIP WITH FAMILIES AND THE COMMUNITY. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS E-MAILED TO THE BOARD OF TRUSTEES AND MANAGEMENT FOR APPROVAL BEFORE FINAL IS ULTIMATELY FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C A.EACH COVERED PERSON SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON: 1.HAS RECEIVED A COPY OF THE POLICY, 2.HAS READ AND UNDERSTANDS THE POLICY, 3.HAS AGREED TO COMPLY WITH THE POLICY, AND 4.UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION AND THE TRUST OF THE PUBLIC IT MUST DILIGENTLY AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF ANY CONFLICT AND ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. B.THIS POLICY SHALL BE REVIEWED ANNUALLY FOR THE INFORMATION AND GUIDANCE OF COVERED PERSONS, AND ANY NEW COVERED PERSON SHALL BE ADVISED OF THE POLICY UPON BECOMING A COVERED PERSON AND SHALL FILE AN ANNUAL STATEMENT WITH THE CORPORATION. C.TO FURTHER THE PURPOSE OF THE DISCLOSURE PROVISIONS OF THIS POLICY, THE CORPORATION SHALL PROVIDE THE BOARD WITH A FULL LIST OF PROPOSED OR CURRENT TRANSACTIONS OR ARRANGEMENTS ON NO LESS THAN A YEARLY BASIS TO ENSURE THAT NO CONFLICTS EXIST, OR HAVE DEVELOPED, IN THE PRECEDING YEAR. DIRECTORS, TRUSTEES, OFFICERS AND EMPLOYEES SIGN AN ANNUAL DECLARATION AND THIS IS REVIEWED BY THE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A YES FORM 990, PAGE 6, PART VI, LINE 15B YES FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST WITH BOARD APPROVAL. FORM 990, PART XI, LINE 9 GAIN ON SALE OF PROPERTY 0