2026-05-11T13:39:05-05:00 2025-06-30 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2024-07-01 223785342 SUSSEX COUNTY COMMUNITY COLLEGE FOUNDATION SUSS 9733002121 ONE COLLEGE HILL ROAD NEWTON NJ 07860 STAN KULA EXECUTIVE DIRECTOR 9733002121 2026-05-06 1 0 GLENN SCHWIER CPA JD P01306710 9733281825 2026-05-06 2024 2025-03-06 01:10:19Z STAN KULA ONE COLLEGE HILL ROAD NEWTON NJ 07860 897809 0 X WWW.SUSSEX.EDU/FOUNDATION X 1983 NJ THE FOUNDATION FOR SUSSEX COUNTY COMMUNITY COLLEGE ENHANCES THE COLLEGE'S MISSION OF PROVIDING EDUCATIONAL EXCELLENCE AND CULTURAL OPPORTUNITIES TO THE RESIDENTS OF SUSSEX COUNTY AND BEYOND. THE FOUNDATION SUPPORTS THE MISSION THROUGH FUNDRAISING AND FRIEND - RAISING EFFORTS ON THE COLLEGE'S BEHALF. FUNDS ARE GENERATED THROUGH ANNUAL GIVING CAMPAIGNS, SPECIAL EVENTS, AND DIRECT CONTIRBUTIONS. THE FUNDS RAISING SUPPORT STUDENT SCHOLARSHIPS, INFRASTRUCTURE, AND EXPANSION. 18 18 0 0 0 0 328548 823405 0 0 214469 74404 31772 0 574789 897809 242501 170158 0 0 0 42200 0 0 160164 140268 197488 382769 409846 192020 487963 3794536 4847704 144995 471972 3649541 4375732 X THE FOUNDATION FOR SUSSEX COUNTY COMMUNITY COLLEGE ENHANCES THE COLLEGE'S MISSION OF PROVIDING EDUCATIONAL EXCELLENCE AND CULTURAL OPPORTUNITIES TO THE RESIDENTS OF SUSSEX COUNTY AND BEYOND. THE FOUNDATION SUPPORTS THE MISSION THROUGH FUNDRAISING AND FRIEND - RAISING EFFORTS ON THE COLLEGE'S BEHALF. FUNDS ARE GENERATED THROUGH ANNUAL GIVING CAMPAIGNS, SPECIAL EVENTS, AND DIRECT CONTIRBUTIONS. THE FUNDS RAISING SUPPORT STUDENT SCHOLARSHIPS, INFRASTRUCTURE, AND EXPANSION. 0 0 170158 170158 TO ASSIST SUSSEX COUNTY COMMUNITY COLLEGE'S GROWTH IN SCHOLARSHIPS, NEW PROGRAMS, FACULTY DEVELOPMENT, TO OFFER EDUCATIONAL OPPORTUNITIES TO THOSE SEEKING POST SECONDARY EDUCATION, AND TO OFFER COMMUNITY AND CULTURAL ACTIVITIES TO RESIDENTS OF SUSSEX COUNTY AND BEYOND. 170158 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STAN KULA 9733002121 ONE COLLEGE HILL ROAD NEWTON NJ 07860 DR KETAN GANDHI CHIEF FINANCIAL OFFICER 1.00 X X 0 43950 0 ROGER THOMAS CHAIR 1.00 X X 0 0 0 JUDE DIGIDIO VICE CHAIR 1.00 X X 0 0 0 ALISSA ISAACSON MEMBER 1.00 X 0 0 0 JUDY TATERKA SECRETARY 1.00 X X 0 0 0 ANN BAIN MEMBER 1.00 X 0 0 0 DR JON CONNOLLY PRESIDENT 1.00 X 0 0 0 WILLIAM CURCIO MEMBER 1.00 X 0 0 0 MARYANNE FOX MEMBER 1.00 X 0 0 0 KURT GEWECKE TRUSTEE CHAIR 1.00 X 0 0 0 CORY HOMER INTERIM PRESIDENT 1.00 X 0 0 0 DAN KENT MEMBER 1.00 X 0 0 0 SEAN MCGUIRE MEMBER 1.00 X 0 0 0 THERESA PAPPAN VP OF FINANCE/ADMINISTRATIVE SERVICES 1.00 X 0 0 0 HON LORRAINE PARKER MEMBER 1.00 X 0 0 0 DR ELIZABETH SILVERTHORNE TRUSTEE LIAISON 1.00 X 0 0 0 CANDICE SMITH TRUSTEE LIAISON 1.00 X 0 0 0 HEIDI WEBER MEMBER 1.00 X 0 0 0 HERBERT YARDLEY TRUSTEE CHAIR 1.00 X 0 0 0 STAN KULA EXECUTIVE DIRECTOR 40.00 X X 0 117369 40714 0 161319 40714 0 0 1 0 0 823405 84915 823405 74404 74404 897809 0 0 74404 170158 170158 42200 42200 10901 10901 2840 2840 FUNDRAISING EXPENSES 160164 160164 DUES & SUBSCRIPTIONS 20262 20262 MISCELLANEOUS 3321 3321 409846 170158 79524 160164 1418851 853667 109160 109160 383 26039 7708 127521 24850 20596 102671 2219890 3774115 3794536 4847704 3465 22750 141530 449222 144995 471972 X 365785 668952 3283756 3706780 3649541 4375732 3794536 4847704 487963 238228 0 X X 0 1 X 1 0 X 465826 663810 396583 328548 823405 2678172 465826 663810 396583 328548 823405 2678172 944130 1734042 229049 153281 79791 55862 74404 592387 2803 31772 34575 500 500 3305634 0.52460 0.54680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2137885 456989 180084 150976 2623982 2126718 59125 225945 80666 193237 2137885 1886265 83568 238463 81578 2126718 1879581 346415 -272927 66804 1886265 1396003 221385 302970 40777 1879581 0.00000 0.66220 0.33780 0 0 127521 24850 102671 102671 DUE TO SUSSEX COUNTY COMMUNITY COLLEGE 449222 449222 X 1136037 238228 238228 897809 0 897809 409846 0 409846 0 409846 PART V, LINE 4: ENDOWMENTS ARE ESTABLISHED FOR STUDENT SCHOLARSHIPS BASED ON THE CRITERIA SET BY THE DONOR. THE SCHOLARSHIPS ARE AWARDED TO THE STUDENTS WHO MEET THE REQUIREMENTS FOR EACH INDIVIDUAL SCHOLARSHIP AND THE FUNDS ARE RELEASED. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501 (A) OF THE CODE. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE PROVISIONS OFFASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE FOUNDATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEARS ENDED JUNE 30, 2025 AND 2024. HOWEVER, THE FOUNDATION IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH THE FEDERAL AND STATE OF NEW JERSEY. 0 SCHOLARSHIPS. 137 170158 0 0 0 0 0 0 0 0 0 STAN KULA EXECUTIVE DIRECTOR 0 117369 0 0 0 0 0 9890 0 30824 0 158083 0 0 X 1 84915 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B SUSSEX COUNTY COMMUNITY COLLEGE FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C SUSSEX COUNTY COMMUNITY COLLEGE FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 SUSSEX COUNTY COMMUNITY COLLEGE FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT ONE COLLEGE HILL ROAD, NEWTON, NJ 07860. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT ONE COLLEGE HILL ROAD, NEWTON, NJ 07860. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. SUSSEX COUNTY COMMUNITY COLLEGE 1 COLLEGE HILL ROAD NEWTON NJ 07860 222379629 COLLEGE NJ 501(C)(3) SCHOOL 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0