Bmcc Association Inc
- Assets
- $2.5m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 06/1966
- Data as of
- 06/2021
- EIN
- 13-6203441
Organization Overview
Bmcc Association Inc is located in New York, NY. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Bmcc Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bmcc Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Bmcc Association Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $568.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND CULTIVATE EDUCATIONAL, SOCIAL, CULTURAL, AND RECREATIONAL ACTIVITIES AMONG STUDENTS OF BOROUGH OF MANHATTAN COMMUNITY COLLEGE OF THE CITY UNIVERSITY OF NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE PROGRAMS & ACTIVITIES - PROVIDED FUNDING FOR COMMENCEMENT EXERCISES, PEER MENTORING PROGRAM, INTERNATIONAL STUDENT WORKSHOP, AND COLLEGE CREDIT PROGRAMS.
STUDENT CLUBS, ORGANIZATIONS, & ACTIVITIES - FUNDED CLUBS AND STUDENTPUBLICATIONS IN DEVELOPING AND ORGANIZING VARIOUS CULTURAL, SOCIAL,RECREATIONAL, AND EDUCATIONAL ACTIVITIES.
FOOD PANTRY PROGRAM.
SUPPORTED FUNDING FOR SEVERAL VARSITY SPORTS TEAMS AND RECREATIONAL SWIMMING AND FITNESS FACILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monira Begum Director | Trustee | 1 | $3,663 |
Zainab Abdullah Director | Trustee | 1 | $3,500 |
Ibrahim Diakite Director | Trustee | 1 | $1,750 |
Noor Earpy Director | Trustee | 1 | $1,750 |
Roy Wildman Director | Trustee | 1 | $1,750 |
Sin Yiu Cheung Director | Trustee | 1 | $1,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $246,025 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,025 |
| Total Program Service Revenue | $1,393,442 |
| Investment income | $396 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,639,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $47,528 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,000 |
| Pension plan accruals and contributions | $21,317 |
| Other employee benefits | $67,942 |
| Payroll taxes | $16,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,102 |
| Advertising and promotion | $6,490 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,065 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,296 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,129 |
| All other expenses | $22,379 |
| Total functional expenses | $568,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,808 |
| Savings and temporary cash investments | $1,640,247 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $515,830 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,581 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,529,466 |
| Accounts payable and accrued expenses | $146,062 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $58,538 |
| Total liabilities | $204,600 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $2,324,866 |
| Total liabilities and net assets/fund balances | $2,529,466 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bmcc Association Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Stonewall Community Foundation New York, NY PURPOSE: SCHOLARSHIP | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University Of Connecticut Foundation Incorporated Storrs, CT | $744,628,423 | $150,826,250 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $873,598,749 | $105,090,161 |
Trustees For Harvard University Cambridge, MA | $1,524,141,919 | $57,204,982 |
Anderson Center Services Inc Staatsburg, NY | $47,866,926 | $36,341,767 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
Harvard Private Capital Realty Inc Boston, MA | $2,527,458,180 | $415,073,812 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
University Of Massachusetts Foundation Inc Boston, MA | $842,030,994 | $57,111,837 |
University Of Vermont And State Agricultural College Foundation Burlington, VT | $307,895,720 | $102,950,116 |