Form 990 for tax year 2022
Filed by MONTCLAIR STATE UNIVERSITY FOUNDATION INC.
Totals
- Total revenue
- $15,347,323
- Total expenses
- $10,357,786
- Contributions and grants received
- $11,745,595
- Grants paid
- $8,642,557
- Program service revenue
- $0
- Investment income
- $3,546,119
- Other revenue
- $55,609
- Total assets, end of year
- $119,002,563
- Total liabilities, end of year
- $3,718,944
- Net assets or fund balances, end of year
- $115,283,619
- Program services expenses (Part IX)
- $8,642,557
- Management and general expenses
- $1,410,159
- Fundraising expenses
- $305,070
- Program service expenses (Part III)
- $8,642,557
Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
GREGORY COLLINS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
ANTHONY CARLINO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
PENELOPE VANCE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT IACULLO
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ANGELO J GENOVA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BETH GOTTUNG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVE WERTHEIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DENISE ROVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DENNIS BONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GERALD APPELSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GREG SHANAPHY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
HAROLD BRYANT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES MERLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEFFREY L JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JUDITH A SCHUMACHER-TILTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JULYNE SIMMONS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KEITH ANSBACHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
KEVIN BRADLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LESTER TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MARILYN GRABOWKSI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
NADINE LESLIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT GREGORY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT J LIEBERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN RESNICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN HEAD
TRUSTEE RESIGNED EFF. 3/1/23
- Total calculated
- $0
- Hours/week
- 1
-
COLLEEN COPPLA - EX-OFFICIO
TRUSTEE RESIGNED EFF.10/1/22
- Total calculated
- $0
- Hours/week
- 1
-
ERIK JACOBSEN - EX-OFFICIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JONATHAN KOPPELL - EX-OFFICIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROSE C CALI - EX-OFFICIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JEFFREY CAMPO
EXEC. DIR/AVP - FINANCE
- Total calculated
- $165,203
- From this org
- $142,936
- From related orgs
- $0
- Other
- $22,267
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $139,232
- Bonus
- $0
- Other
- $3,704
- Deferred
- $7,217
- Nontaxable benefits
- $15,050
- Filer's total
- $165,203
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
The filer's explanations (Part III)
- PART VII, LINE 5:
- JEFFREY CAMPO, EXECUTIVE DIR./AVP OF FINANCE, IS EMPLOYED AND COMPENSATED BY MONTCLAIR STATE UNIVERSITY, AN UNRELATED PARTY. HE DEVOTES 75% OF HIS TIME TO MONTCLAIR STATE UNIVERSITY FOUNDATION AND, IN COMPLIANCE WITH PART VII INSTRUCTIONS OF THE 990, HAS 75% OF HIS COMPENSATION ALLOCATED TO THE FOUNDATION ($165,203).
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
-
$8,642,557
GRANTS TO SUPPORT UNIVERSITY EDUCATIONAL ASSISTANCE & PROGRAMS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
STUDENT INVESTMENT FUND · NJ · income $8,251 · assets $483,454
Directly controlled by MONTCLAIR STATE UNIVERSITY FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333529349300318
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.