Form 990 for tax year 2022
Filed by NEW YORK CITY COLLEGE OF TECHNOLOGY FOUNDATION INC.
Totals
- Total revenue
- $1,627,532
- Total expenses
- $941,456
- Contributions and grants received
- $1,457,186
- Grants paid
- $788,991
- Program service revenue
- $0
- Investment income
- $170,346
- Other revenue
- $0
- Total assets, end of year
- $7,987,163
- Total liabilities, end of year
- $160,442
- Net assets or fund balances, end of year
- $7,826,721
- Program services expenses (Part IX)
- $788,991
- Management and general expenses
- $152,465
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $788,991
Program services were 83.8% 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.
-
1f · All other contributions, gifts and grants
$1,457,186
-
1g · Noncash contributions included above
$3,447
-
3 · Investment income
total $84,637 · excluded $84,637
-
7a · Gross sales of assets other than inventory
securities $85,709
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $85,709
-
7d · Net gain or loss
total $85,709 · excluded $85,709
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $788,991 · program services $788,991
-
7 · Other salaries and wages
total $114,057 · management and general $114,057
-
11c · Fees: accounting
total $4,063 · management and general $4,063
-
11g · Fees: other
total $8,900 · management and general $8,900
-
13 · Office expenses
total $1,478 · management and general $1,478
-
22 · Depreciation, depletion and amortization
total $8,813 · management and general $8,813
-
23 · Insurance
total $3,902 · management and general $3,902
-
24a · Other expenses: DONATED SUPPLIES EXP
total $3,447 · management and general $3,447
-
24b · Other expenses: FILING FEES
total $2,854 · management and general $2,854
-
24c · Other expenses: FEES & SUBSCRIPTIONS
total $2,772 · management and general $2,772
-
24d · Other expenses: STEWARDSHIP
total $892 · management and general $892
-
24e · All other expenses
total $1,287 · management and general $1,287
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,086,170 · end of year $1,268,002
-
4 · Accounts receivable
beginning of year $523,336 · end of year $1,124,885
-
10a · Land, buildings and equipment: cost or other basis
$44,070
-
10b · Land, buildings and equipment: accumulated depreciation
$17,790
-
10c · Land, buildings and equipment, net
beginning of year $35,093 · end of year $26,280
-
12 · Investments: other securities
beginning of year $5,400,741 · end of year $5,567,996
-
17 · Accounts payable and accrued expenses
beginning of year $44,936 · end of year $128,727
-
25 · Other liabilities
beginning of year $12,532 · end of year $31,715
-
27 · Net assets without donor restrictions
beginning of year -$391,212 · end of year -$471,745
-
28 · Net assets with donor restrictions
beginning of year $7,379,084 · end of year $8,298,466
Mission and programs · 2022
Mission
TO SOLICIT AND ACCEPT GIFTS TO NEW YORK CITY COLLEGE OF TECHNOLOGY IN SUPPORT OF CITY TECH'S EDUCATIONAL MISSION AND PROGRAMS.
-
IN FISCAL YEAR 2023, THE CITY TECH FOUNDATION PROVIDED ABOUT $789,000 IN SUPPORT TO THE COLLEGE. THIS INCLUDED $432,601 AWARDED IN THE FORM OF SCHOLARSHIPS, AWARDS, TRAVEL GRANTS, INTERNSHIPS, RESEARCH OPPORTUNITIES AND EMERGENCY SUPPORT GRANTS; AND $356,390 IN PROGRAM AND FACULTY SUPPORT.
Expenses $788,991 · Grants $788,991
As filed on the 2022 return.
Listed in Part VII
-
Dr Russell K HotzlerDR RUSSELL K HOTZLER
PRESIDENT, NYC COLLEGE OF TECHNOLOGY
- Total calculated
- $348,678
- From this org
- $0
- From related orgs
- $348,542
- Other
- $136
- Hours/week
- 2 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $348,542 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $136 related
- Filer's total
- $0 + $348,678 related
-
Hon Alice Fisher RubinHON ALICE FISHER RUBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Garey V Ellis MDDR GAREY V ELLIS MD
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Antonia Yuille-WilliamsANTONIA YUILLE-WILLIAMS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marc Stephen JamesMARC STEPHEN JAMES
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Joshua SchnepsJOSHUA SCHNEPS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Taunglea AmbroiseTAUNGLEA AMBROISE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas G Amon EsqTHOMAS G AMON ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Luis De Los SantosLUIS DE LOS SANTOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chima JosephCHIMA JOSEPH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Joann LeeJOANN LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jocelynne RaineyJOCELYNNE RAINEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Yvonne Riley-TepieYVONNE RILEY-TEPIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Terel WatsonTEREL WATSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Timothy HunterTIMOTHY HUNTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Beth F LevineBETH F LEVINE
EXECUTIVE DIRECTOR
- Total calculated
- $162,623
- From this org
- $0
- From related orgs
- $150,989
- Other
- $11,634
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $137,489 related
- Bonus
- $0
- Other
- $0 + $13,500 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $11,634 related
- Filer's total
- $0 + $162,623 related
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.
-
NEW YORK CITY COLLEGE OF TECHNOLOGY
501(C)(3) · EDUCATION · NY
-
COLLEGE ASSN OF NYC COLLEGE OF TECHNOLOGY
501(C)(3) · STUDENT SUPPORT SVCS · NY
-
AUX ENTERPRISE BOARD NYC COLLEGE OF TECHNOLOGY
501(C)(3) · AUXILIARY SERVICES · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420959349300602
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.