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Nonprofiteer
← BERNARD M BARUCH COLLEGE ASSOCIATION INC

Form 990 for tax year 2023

Filed by BERNARD M BARUCH COLLEGE ASSOCIATION INC.

Totals

Total revenue
$4,278,804
Total expenses
$4,146,318
Contributions and grants received
$0
Grants paid
$105,237
Program service revenue
$4,166,499
Investment income
$102,089
Other revenue
$10,216
Total assets, end of year
$10,274,435
Total liabilities, end of year
$2,628,399
Net assets or fund balances, end of year
$7,646,036
Program services expenses (Part IX)
$2,110,355
Management and general expenses
$2,035,963
Fundraising expenses
$0
Program service expenses (Part III)
$2,110,355

Program services were 50.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: STUDENT ACTIVITY FEES

    total $4,132,622 · related or exempt $4,132,622

  • 2b · Program service revenue: STUDENT ORGANIZATIONS

    total $30,982 · related or exempt $30,982

  • 2c · Program service revenue: ADVERTISING - STUDENT

    total $2,895 · related or exempt $2,895

  • 3 · Investment income

    total $102,089 · excluded $102,089

  • 11a · Other revenue: MISCELLANEOUS

    total $10,216 · excluded $10,216

  • 11e · Other revenue, total

    $10,216

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $105,237 · program services $105,237

  • 7 · Other salaries and wages

    total $1,186,390 · management and general $1,186,390

  • 8 · Pension plan contributions

    total $44,192 · management and general $44,192

  • 9 · Other employee benefits

    total $426,403 · management and general $426,403

  • 10 · Payroll taxes

    total $92,121 · management and general $92,121

  • 11c · Fees: accounting

    total $10,996 · management and general $10,996

  • 12 · Advertising and promotion

    total $259,390 · program services $259,390

  • 22 · Depreciation, depletion and amortization

    total $275,861 · management and general $275,861

  • 24a · Other expenses: STUDENT GOVERNMENT

    total $492,287 · program services $492,287

  • 24b · Other expenses: HEALTH & FITNESS

    total $327,999 · program services $327,999

  • 24c · Other expenses: STUDENT BUILDING FUNDS

    total $248,979 · program services $248,979

  • 24d · Other expenses: STUDENT CLUBS

    total $230,712 · program services $230,712

  • 24e · All other expenses

    total $445,751 · program services $445,751

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,029,646 · end of year $4,099,803

  • 2 · Savings and temporary cash investments

    beginning of year $3,666,178 · end of year $3,768,267

  • 4 · Accounts receivable

    beginning of year $2,646 · end of year $5,031

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,821 · end of year $20,359

  • 10a · Land, buildings and equipment: cost or other basis

    $346,576

  • 10b · Land, buildings and equipment: accumulated depreciation

    $308,036

  • 10c · Land, buildings and equipment, net

    beginning of year $14,366 · end of year $38,540

  • 15 · Other assets

    beginning of year $2,712,687 · end of year $2,342,435

  • 17 · Accounts payable and accrued expenses

    beginning of year $197,874 · end of year $249,461

  • 19 · Deferred revenue

    beginning of year $206,332 · end of year $198,694

  • 25 · Other liabilities

    beginning of year $2,402,724 · end of year $2,180,244

  • 29 · Capital stock, trust principal or current funds

    beginning of year $7,627,048 · end of year $7,607,496

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $14,366 · end of year $38,540

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

BERNARD M. BARUCH COLLEGE ASSOCIATION OF THE CITY UNIVERSITY OF NEW YORK IS A NON-PROFIT ORGANIZATION CREATED FOR THE PRINCIPAL PURPOSE OF DEVELOPING AND CULTIVATING EDUCATIONAL, SOCIAL, CULTURAL, AND RECREATIONAL ACTIVITIES AMONG STUDENTS OF BERNARD M. BARUCH COLLEGE. THE ASSOCIATION'S REVENUE IS DERIVED PRIMARILY FROM STUDENT ACTIVITY FEES LEVIED BY A RESOLUTION OF THE BOARD OF TRUSTEES OF THE UNIVERSITY AND COLLECTED BY THE COLLEGE.

Activities or mission (Part I)

TO DEVELOP AND CULTIVATE EDUCATIONAL, SOCIAL, CULTURAL, AND RECREATIONAL ACTIVITIES AMONG STUDENTS OF BERNARD M. BARUCH COLLEGE.

  • THE ASSOCIATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE EDUCATIONAL MISSION OF BERNARD M. BARUCH COLLEGE. THE ASSOCIATION SUPPORTS THE COLLEGE BY OPERATING VARIOUS PROGRAMS AND PROVIDING ASSORTED SERVICES FOR THE BENEFIT OF THE COLLEGE'S STUDENT POPULATION. SUCH ACTIVITIES INCLUDE THE OPERATION OF A STUDENT CENTER AND LOUNGE, THE STUDENT GOVERNMENT, STUDENT CLUBS, A RADIO STATION, AND ATHLETIC FACILTIES.

    Expenses $2,110,355 · Grants $105,237 · Revenue $4,166,499

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Arthur King

    CHAIRPERSON

    Total calculated
    $226,100
    From this org
    $0
    From related orgs
    $201,246
    Other
    $24,854
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $201,246 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,079 related
    Nontaxable benefits
    $0 + $12,775 related
    Filer's total
    $0 + $226,100 related

  • Treniece Moore-Walters

    SECRETARY

    Total calculated
    $91,785
    From this org
    $0
    From related orgs
    $77,901
    Other
    $13,884
    Hours/week
    1 + 34 related

  • Monroe Russell

    TREASURER

    Total calculated
    $215,463
    From this org
    $0
    From related orgs
    $160,997
    Other
    $54,466
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,997 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $21,092 related
    Nontaxable benefits
    $0 + $33,374 related
    Filer's total
    $0 + $215,463 related

  • Jessica Yauri

    DIRECTOR

    Total calculated
    $3,054
    From this org
    $600
    From related orgs
    $2,454
    Other
    $0
    Hours/week
    1

  • Barbara Lambert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tahisha Fields

    DIRECTOR

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Kayla Manzano-Guevara

    DIRECTOR

    Total calculated
    $3,361
    From this org
    $375
    From related orgs
    $2,986
    Other
    $0
    Hours/week
    1

  • Betty Duverger

    DIRECTOR

    Total calculated
    $151,148
    From this org
    $0
    From related orgs
    $104,531
    Other
    $46,617
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $104,531 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,080 related
    Nontaxable benefits
    $0 + $32,537 related
    Filer's total
    $0 + $151,148 related

  • Michael Waldman

    DIRECTOR

    Total calculated
    $153,740
    From this org
    $0
    From related orgs
    $122,469
    Other
    $31,271
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $117,183 related
    Bonus
    $0
    Other
    $0 + $5,286 related
    Deferred
    $0 + $18,567 related
    Nontaxable benefits
    $0 + $12,704 related
    Filer's total
    $0 + $153,740 related

  • Marbella Montalvo

    DIRECTOR

    Total calculated
    $736
    From this org
    $0
    From related orgs
    $736
    Other
    $0
    Hours/week
    1

  • Sofia Gaston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Murphy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Zena Mohamed

    DIRECTOR

    Total calculated
    $4,781
    From this org
    $0
    From related orgs
    $4,781
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202403059349302320

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