Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $258,562

• 1e · Government grants (contributions)

  $49,359

• 1f · All other contributions, gifts and grants

  $4,713,753

• 1g · Noncash contributions included above

  $51,407

• 3 · Investment income

  total $800,408 · excluded $800,408

• 6a · Gross rents

  real property $320,230

• 6b · Less rental expenses

  real property $166,689

• 6c · Rental income or loss

  real property $153,541

• 6d · Net rental income or loss

  total $153,541 · excluded $153,541

• 7a · Gross sales of assets other than inventory

  securities $6,436,603

• 7b · Less cost or other basis and sales expenses

  securities $6,441,641

• 7c · Gain or loss

  securities -$5,038

• 7d · Net gain or loss

  total -$5,038 · excluded -$5,038

• 8a · Fundraising events: gross income

  $68,454

• 8a · Fundraising events: contributions included on line 1c

  $258,562

• 8b · Fundraising events: direct expenses

  $108,866

• 8c · Net income from fundraising events

  total -$40,412 · excluded -$40,412

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,165,782 · program services $1,165,782

• 2 · Grants to domestic individuals

  total $2,807,421 · program services $2,807,421

• 5 · Compensation of officers, directors and key employees

  total $192,614 · program services $105,938 · management and general $77,046 · fundraising $9,630

• 7 · Other salaries and wages

  total $656,209 · program services $424,473 · management and general $122,423 · fundraising $109,313

• 8 · Pension plan contributions

  total $34,453 · program services $18,942 · management and general $10,274 · fundraising $5,237

• 9 · Other employee benefits

  total $27,242 · program services $14,582 · management and general $8,591 · fundraising $4,069

• 10 · Payroll taxes

  total $55,426 · program services $31,998 · management and general $14,409 · fundraising $9,019

• 11b · Fees: legal

  total $1,109 · program services $417 · management and general $339 · fundraising $353

• 11c · Fees: accounting

  total $59,686 · program services $22,464 · management and general $18,251 · fundraising $18,971

• 11f · Fees: investment management

  total $260,230 · management and general $260,230

• 11g · Fees: other

  total $85,103 · program services $32,029 · management and general $26,024 · fundraising $27,050

• 12 · Advertising and promotion

  total $81,024 · program services $30,493 · management and general $24,777 · fundraising $25,754

• 13 · Office expenses

  total $35,249 · program services $13,271 · management and general $10,776 · fundraising $11,202

• 14 · Information technology

  total $23,862 · program services $8,980 · management and general $7,297 · fundraising $7,585

• 19 · Conferences, conventions and meetings

  total $15,844 · program services $5,963 · management and general $4,845 · fundraising $5,036

• 22 · Depreciation, depletion and amortization

  total $2,217 · program services $834 · management and general $678 · fundraising $705

• 23 · Insurance

  total $17,847 · program services $6,720 · management and general $5,456 · fundraising $5,671

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,213 · end of year $2,785

• 2 · Savings and temporary cash investments

  beginning of year $2,541,981 · end of year $2,130,752

• 3 · Pledges and grants receivable

  beginning of year $137,132 · end of year $509,131

• 4 · Accounts receivable

  beginning of year $547,392 · end of year $662,871

• 9 · Prepaid expenses and deferred charges

  beginning of year $50,952 · end of year $35,328

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

  $28,219

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

  $20,882

• 10c · Land, buildings and equipment, net

  beginning of year $7,635 · end of year $7,337

• 11 · Investments: publicly traded securities

  beginning of year $14,604,766 · end of year $17,643,863

• 12 · Investments: other securities

  beginning of year $39,015,857 · end of year $49,333,900

• 15 · Other assets

  beginning of year $8,633,181 · end of year $3,706,507

• 17 · Accounts payable and accrued expenses

  beginning of year $367,665 · end of year $506,302

• 19 · Deferred revenue

  beginning of year $361,370 · end of year $162,803

• 25 · Other liabilities

  beginning of year $56,341 · end of year $76,774

• 27 · Net assets without donor restrictions

  beginning of year $9,309,495 · end of year $10,110,863

• 28 · Net assets with donor restrictions

  beginning of year $55,446,238 · end of year $63,175,732

The filer's explanations (Part III)

PART I, LINE 3

SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• COUNTY HOMES LLC

  RENTAL INCOME · RENTAL PROPERTY · NY · 60% owned · share of income $153,541 · share of assets $4,756,273

  Directly controlled by WESTCHESTER COMMUNITY COLLEGE FOUNDATION INC