Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “The broome community college foundation strives to be among the most supportive community college foundations in the state university of new york system and in the country. we shall raise and administer funds and build and maintain relationships that (1) assist needy students, (2) recognize and honor high-achieving students, (3) help faculty and staff provide the best instructional environment possible, and (4) encourage innovation and achievement on campus, especially where government funds are either unavailable or insufficient.”.

When outlining its functions, they were explained as: “The broome community college foundation strives to be among the most supportive community college foundations in the state university of new york system and in the country. we shall raise and administer funds and build and maintain relationships that (1) assist needy students, (2) recognize and honor high-achieving students, (3) help faculty and staff provide the best instructional environment possible, and (4) encourage innovation and achievement on campus, especially where government funds are either unavailable or insufficient.”.

• In compliance with legal regulations, the non-profit has reported their state of operation as NY.
• The filing records the non-profit's address for 2020 as PO BOX 1017, BINGHAMTON, NY, 139021017.
• As of 2020, the non-profit's form reports a total of 26 employees.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$1,074,796.
• The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 31 independent voting members.
• The organization was formed in 1965.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization pays $645,063 in salary, compensation, and benefits to its employees.
• The organization pays $314,537 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization pays grants to individuals.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.