BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC

As filed

Subsection

03

Street

467 FRANKLIN STREET

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• ON JUNE 30, 2023, MONTCLAIR STATE UNIVERSITY AND BLOOMFIELD COLLEGE COMPLETED A CHANGE IN OWNERSHIP AND BLOOMFIELD COLLEGE WAS ACQUIRED BY MONTCLAIR STATE UNIVERSITY, BECOMING THE 13TH CONSTITUENT COLLEGE OF MONTCLAIR STATE UNIVERSITY, AND NAMED BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY. ON JUNE 30, 2023, PENDING FINAL APPROVAL OF THE MERGER BY THE UNITED STATES DEPARTMENT OF EDUCATION, BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY WAS PLACED IN A SUB-ENTITY NAMED BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY, INC. ON JUNE 28, 2024, THE DEPARTMENT OF EDUCATION APPROVED THE MERGER AND BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY WAS ESTABLISHED AS AN ADDITIONAL LOCATION OF MONTCLAIR STATE UNIVERSITY. EFFECTIVE JUNE 30, 2024, BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY, INC. WAS DISSOLVED. THE FALL 2023 STUDENT BODY WAS APPROXIMATELY 911 (GRADUATE & UNDERGRADUATE) STUDENTS. THE UNDERGRADUATE STUDENT BODY IS 59.5% FEMALE, 48.3% AFRICAN AMERICAN, 31.2% HISPANIC, AND 7.8% WHITE. MANY BLOOMFIELD COLLEGE STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS, OR PROFESSIONALS SEEKING TO KEEP PACE WITH A CHANGING MARKETPLACE. AS OF THE FALL 2023, 600/66.2% STUDENTS RESIDED ON CAMPUS. IN THE FALL OF 2023, BLOOMFIELD COLLEGE ENROLLED 231 NEW FRESHMAN AND TRANSFER STUDENTS. 180 OF THESE NEW STUDENTS WERE FULL-TIME TRADITIONAL UNDERGRADUATE FRESHMEN. 93.8% OF FRESHMAN AND 94.1% OF CONTINUING STUDENTS RECEIVED SOME FORM OF AID. AID IS DISTRIBUTED AS: 94.0% SCHOLARSHIPS AND GRANTS, 5% STUDENT LOANS, 0.4% PARENTAL LOANS AND 0.1% JOBS. A TOTAL OF 272 ENROLLED FRESHMAN WERE JUDGED TO HAVE NEED, AND 255 OF THESE WERE OFFERED AID. BLOOMFIELD COLLEGE OFFERS OVER 60 MAJORS AND AREAS OF CONCENTRATION AS WELL AS OTHER SPECIAL LEARNING OPPORTUNITIES SUCH AS HONORS PROGRAMS AND STUDY ABROAD.

  Expenses $27,146,911 · Grants $2,581,604 · Revenue $8,046,237

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

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $24,719,611

  Expenses

  $34,733,060

  Contributions

  $15,315,885

  Grants paid

  $2,581,604

• 2022

  Revenue

  $56,565,962

  Expenses

  $56,523,991

  Contributions

  $17,485,870

  Grants paid

  $15,228,404

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $53,858,401

  Expenses

  $54,906,498

  Assets (EOY)

  $93,884,575

• 2020 · 990

  Revenue

  $66,606,198

  Expenses

  $67,136,863

  Assets (EOY)

  $100,435,671

• 2019 · 990

  Revenue

  $59,925,171

  Expenses

  $61,955,277

  Assets (EOY)

  $104,842,913

• 2018 · 990

  Revenue

  $61,344,151

  Expenses

  $63,872,370

  Assets (EOY)

  $104,114,864

• 2017 · 990

  Revenue

  $65,891,701

  Expenses

  $64,541,554

  Assets (EOY)

  $106,612,046

• 2016 · 990

  Revenue

  $68,162,101

  Expenses

  $64,980,562

  Assets (EOY)

  $104,663,316

• 2015 · 990

  Revenue

  $65,747,384

  Expenses

  $62,685,062

  Assets (EOY)

  $100,322,356

• 2014 · 990

  Revenue

  $63,801,583

  Expenses

  $60,996,815

  Assets (EOY)

  $98,203,185

• 2013 · 990

  Revenue

  $61,727,686

  Expenses

  $59,148,412

  Assets (EOY)

  $91,352,144

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $56,526,506

  Assets (EOY)

  $67,992,444

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $132,750

  2023 · For grant recipient's exempt purposes

• INDEPENDENT COLLEGES & UNIVERSITIES OF NEW JERSEY A NJ NP CORP

  $40,802

  2022 · FURTHERING EDUCATION AS AN EXEMPT PURPOSE

• INDEPENDENT COLLEGES & UNIVERSITIES OF NEW JERSEY A NJ NP CORP

  $30,000

  2024 · FURTHERING EDUCATION AS AN EXEMPT PURPOSE

• BOSTON FOUNDATION INC

  $25,000

  2022 · Operating Support/Annual Fund

• NATIONAL COLLEGIATE ATHLETIC ASSOCIATION

  $20,641

  2023 · Grants

• NATIONAL COLLEGIATE ATHLETIC ASSOCIATION

  $15,478

  2024 · Grants

• NATIONAL COLLEGIATE ATHLETIC ASSOCIATION

  $14,660

  2022 · Grants

• INDEPENDENT COLLEGES & UNIVERSITIES OF NEW JERSEY A NJ NP CORP

  $7,500

  2023 · FURTHERING EDUCATION AS AN EXEMPT PURPOSE

• COMMUNITY FOUNDATION OF NEW JERSEY

  $6,000

  2022 · UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE

• DONOR ADVISED CHARITABLE GIVING

  $6,000

  2023 · EDUCATION

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files