Form 990 for tax year 2023
Filed by LONG BEACH CITY COLLEGE FOUNDATION.
Totals
- Total revenue
- $6,463,995
- Total expenses
- $3,603,660
- Contributions and grants received
- $3,979,408
- Grants paid
- $2,411,276
- Program service revenue
- $0
- Investment income
- $2,150,751
- Other revenue
- $333,836
- Total assets, end of year
- $34,710,379
- Total liabilities, end of year
- $630,832
- Net assets or fund balances, end of year
- $34,079,547
- Program services expenses (Part IX)
- $2,795,658
- Management and general expenses
- $403,150
- Fundraising expenses
- $404,852
- Program service expenses (Part III)
- $2,795,658
Program services were 77.6% 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.
-
1c · Fundraising events
$133,710
-
1e · Government grants (contributions)
$244,102
-
1f · All other contributions, gifts and grants
$3,601,596
-
1g · Noncash contributions included above
$4,814
-
3 · Investment income
total $1,210,139 · excluded $1,210,139
-
7a · Gross sales of assets other than inventory
securities $1,496,594
-
7b · Less cost or other basis and sales expenses
securities $555,982
-
7c · Gain or loss
securities $940,612
-
7d · Net gain or loss
total $940,612 · excluded $940,612
-
8a · Fundraising events: gross income
$3,448
-
8a · Fundraising events: contributions included on line 1c
$133,710
-
8b · Fundraising events: direct expenses
$30,454
-
8c · Net income from fundraising events
total -$27,006 · excluded -$27,006
-
11a · Other revenue: OTHER REVENUE
total $360,842 · related or exempt $360,842
-
11e · Other revenue, total
$360,842
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,340,399 · program services $1,340,399
-
2 · Grants to domestic individuals
total $1,070,877 · program services $1,070,877
-
5 · Compensation of officers, directors and key employees
total $217,710 · program services $50,073 · management and general $4,354 · fundraising $163,283
-
7 · Other salaries and wages
total $436,703 · program services $253,406 · management and general $43,951 · fundraising $139,346
-
8 · Pension plan contributions
total $10,176 · program services $4,178 · management and general $1,889 · fundraising $4,109
-
9 · Other employee benefits
total $40,836 · program services $14,938 · management and general $5,902 · fundraising $19,996
-
10 · Payroll taxes
total $35,937 · program services $14,924 · management and general $3,580 · fundraising $17,433
-
11c · Fees: accounting
total $150,224 · management and general $150,224
-
11f · Fees: investment management
total $90,894 · management and general $90,894
-
12 · Advertising and promotion
total $19,680 · program services $1,635 · management and general $14,660 · fundraising $3,385
-
13 · Office expenses
total $40,659 · program services $16,722 · management and general $4,078 · fundraising $19,859
-
14 · Information technology
total $29,922 · program services $14,961 · fundraising $14,961
-
17 · Travel
total $8,636 · program services $2,869 · management and general $982 · fundraising $4,785
-
19 · Conferences, conventions and meetings
total $5,621 · program services $1,867 · management and general $640 · fundraising $3,114
-
20 · Interest
total $386 · management and general $386
-
22 · Depreciation, depletion and amortization
total $6,170 · program services $2,050 · management and general $702 · fundraising $3,418
-
23 · Insurance
total $7,704 · management and general $7,704
-
24a · Other expenses: OTHER EXPENSES
total $91,126 · program services $6,759 · management and general $73,204 · fundraising $11,163
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,316 · end of year $11,544
-
2 · Savings and temporary cash investments
beginning of year $617,409 · end of year $978,754
-
3 · Pledges and grants receivable
beginning of year $3,425,052 · end of year $4,344,230
-
9 · Prepaid expenses and deferred charges
beginning of year $310 · end of year $804
-
10a · Land, buildings and equipment: cost or other basis
$61,697
-
10b · Land, buildings and equipment: accumulated depreciation
$36,846
-
10c · Land, buildings and equipment, net
beginning of year $31,021 · end of year $24,851
-
11 · Investments: publicly traded securities
beginning of year $24,301,147 · end of year $27,148,107
-
15 · Other assets
beginning of year $2,015,359 · end of year $2,202,089
-
17 · Accounts payable and accrued expenses
beginning of year $127,806 · end of year $161,544
-
21 · Escrow or custodial account liability
beginning of year $257,873 · end of year $444,440
-
25 · Other liabilities
beginning of year $15,153 · end of year $24,848
-
27 · Net assets without donor restrictions
beginning of year $3,667,002 · end of year $4,238,773
-
28 · Net assets with donor restrictions
beginning of year $26,347,780 · end of year $29,840,774
Mission and programs · 2023
Mission
THE FOUNDATION'S SPECIFIC AND PRIMARY PURPOSES ARE TO PROMOTE THE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF EDUCATIONAL, ATHLETIC, AND CULTURAL GOALS; BY ASSISTING IT IN FULFILLING ITS ROLE OF SERVICE TO ITS COMMUNITY, BY SOLICITING, RAISING, AND DISTRIBUTING FUNDS FOR ITS PROGRAMS, BUILDINGS, EQUIPMENT, AND ANY OTHER OUTLAY INCLUDING BUT NOT LIMITED TO NEEDS FOR SCHOLARSHIPS, LOANS, AND GRANTS TO QUALIFIED STUDENTS.
Activities or mission (Part I)
SUPPORT AND ENHANCE THE LEARNING ENVIRONMENT OF THE LONG BEACH COMMUNITY COLLEGE DISTRICT.
-
EDUCATION IS THE MOST IMPORTANT FACTOR THAT DETERMINES WHAT OPPORTUNITIES A PERSON WILL HAVE IN LIFE. LONG BEACH CITY COLLEGE (LBCC) PROVIDES THE EDUCATION AND TRAINING. THE FOUNDATION PROVIDES THE FINANCIAL SUPPORT THAT ALLOWS PEOPLE TO TAKE ADVANTAGE OF THAT EDUCATION AND TRAINING. THE FOUNDATION PROVIDES A VEHICLE FOR FINANCIAL SUPPORT FROM THE COMMUNITY. IT IS ESTIMATED THAT ONE IN THREE LONG BEACH AREA RESIDENTS HAVE ATTENDED LBCC. MANY OF THESE STUDENTS REQUIRED FINANCIAL ASSISTANCE. THE FOUNDATION HAS RAISED OVER $60 MILLION TO PROVIDE SCHOLARSHIPS, DEPARTMENTAL GRANTS, CAMPUS BEAUTIFICATION, AND FACILITIES UPGRADES. LITERALLY THOUSANDS OF STUDENTS HAVE RECEIVED FUNDS TO PAY ENROLLMENT FEES AND BUY BOOKS AND THE NEED TO PROVIDE FINANCIAL ASSISTANCE CONTINUES TODAY.THE FOUNDATION HAS THE LARGEST SCHOLARSHIP PROGRAM OF ANY SOUTHERN CALIFORNIA COMMUNITY COLLEGE. IT GIVES TO MORE STUDENTS THAN ANY OTHER TWO YEAR INSTITUTION AND OFFERS SCHOLARSHIPS TO FACULTY AND STAFF SO THEY MAY INCREASE THEIR KNOWLEDGE IN THEIR CHOSEN PROFESSION OR EMBARK ON A NEW CAREER. DURING THE YEAR, THE FOUNDATION PROVIDED 837 SCHOLARSHIPS AND AWARDS TO QUALIFIED STUDENTS.
Expenses $1,070,877 · Grants $1,070,877
-
PROMOTE GENERAL WELFARE OF LONG BEACH CITY COLLEGE BY ASSISTING AND SUPPORTING THE ATTAINMENT OF ATHLETIC, EDUCATIONAL AND CULTURAL GOALS THROUGH GRANTS AND OTHER ASSISTANCE TO ASSOCIATE GROUPS, DEPARTMENTS, FACULTY, AND STAFF.
Expenses $1,724,781 · Grants $1,340,399 · Revenue $360,842
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul KaminskiPAUL KAMINSKI
CHIEF EXECUTIVE OFFICER
- Total calculated
- $198,581
- From this org
- $177,591
- From related orgs
- $0
- Other
- $20,990
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,591
- Bonus
- $0
- Other
- $0
- Deferred
- $7,580
- Nontaxable benefits
- $13,410
- Filer's total
- $198,581
-
Aaron MooreAARON MOORE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Mark TaylorMARK TAYLOR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia TerryCYNTHIA TERRY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Anne EmighANNE EMIGH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ariel PEARIEL PE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Barbara EllisBARBARA ELLIS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bret ParkerBRET PARKER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brian RussellBRIAN RUSSELL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bryon JohnsonBRYON JOHNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chamindri AluwihareCHAMINDRI ALUWIHARE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dana BuchananDANA BUCHANAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Daniel P GoochDANIEL P GOOCH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Debra PetersonDEBRA PETERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Derek SantiferDEREK SANTIFER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Diane DewalscheDIANE DEWALSCHE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Don CochranDON COCHRAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Donita Van HorikDONITA VAN HORIK
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Ardel Guillamas AvelinoDR ARDEL GUILLAMAS AVELINO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Cloy J Mike WalterDR CLOY J MIKE WALTER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Elizabeth RileyDR ELIZABETH RILEY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Felton WilliamsDR FELTON WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Jannie MacKayDR JANNIE MACKAY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr John FylpaaDR JOHN FYLPAA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Mark A GarlingtonDR MARK A GARLINGTON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Martha Molina BernadettDR MARTHA MOLINA BERNADETT
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Sabira TejaniDR SABIRA TEJANI
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Serafin ZasuetaDR SERAFIN ZASUETA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Sharifa BattsDR SHARIFA BATTS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Virginia BaxterDR VIRGINIA BAXTER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Edward ArnoldEDWARD ARNOLD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth WillisELIZABETH WILLIS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Esther OgunrinuESTHER OGUNRINU
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gloria CarterGLORIA CARTER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Heather Morris MoroHEATHER MORRIS MORO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Heather SummersHEATHER SUMMERS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
James ChouraJAMES CHOURA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jan B HowerJAN B HOWER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Janeen SteelJANEEN STEEL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jayne LastuskyJAYNE LASTUSKY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeff NapperJEFF NAPPER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer BakerJENNIFER BAKER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jerry GreenJERRY GREEN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jim OstachJIM OSTACH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joen GarnicaJOEN GARNICA
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John ArensJOHN ARENS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jon SchultzJON SCHULTZ
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Judy RossJUDY ROSS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Karen CodmanKAREN CODMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly GrosKIMBERLY GROS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kris GragsonKRIS GRAGSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lori BraultLORI BRAULT
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Marcelle EpleyMARCELLE EPLEY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mario VargasMARIO VARGAS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mark GuillenMARK GUILLEN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mary CraneMARY CRANE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michele DobsonMICHELE DOBSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michelle CorderMICHELLE CORDER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Natalie HaleNATALIE HALE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Natalie LeightonNATALIE LEIGHTON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rick DureeRICK DUREE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robyn Gordon-PetersonROBYN GORDON-PETERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rose BlackROSE BLACK
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sarah FaulknerSARAH FAULKNER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sumer TempleSUMER TEMPLE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Susan RedfieldSUSAN REDFIELD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Suzanne NosworthySUZANNE NOSWORTHY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Valarie FrostVALARIE FROST
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
W Gary WestlingW GARY WESTLING
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Gina MascaroGINA MASCARO
SENIOR DIRECTOR OF DEVELOPMENT AND ATHLETICS
- Total calculated
- $111,831
- From this org
- $107,588
- From related orgs
- $0
- Other
- $4,243
- Hours/week
- 40
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
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
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
-
LBCC ASSOCIATE GROUPS
$1,340,399
PROGRAM SUPPORT
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.
-
LONG BEACH COMMUNITY COLLEGE DISTRICT
SECONDARY EDUCATION · CA
-
LBCC ASSOCIATE GROUPS
501(C)(3) · ATHLETIC AND CULTURAL · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501299349304160
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