Raritan Valley Community College Dir Of Budget & Finance Office

Organization Overview

Raritan Valley Community College Dir Of Budget & Finance Office is located in Somerville, NJ. The organization was established in 1969. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Raritan Valley Community College Dir Of Budget & Finance Office employed 1,100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raritan Valley Community College Dir Of Budget & Finance Office 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, Raritan Valley Community College Dir Of Budget & Finance Office generated $84.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $77.7m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RARITAN VALLEY COMMUNITY COLLEGE IS AN EDUCATIONAL COMMUNITY THAT WORKS TO DEVELOP CRITICAL THINKING, FOSTER INTELLECTUAL CURIOSITY, PROMOTE LEADERSHIP, ENCOURAGE SOCIAL RESPONSIBILITY, SUPPORT PERSONAL GROWTH,

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY COLLEGE OF APPROXIMATELY 7,735 CREDIT-SEEKING STUDENTS AND NEARLY 6,000 NON-CREDIT STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Us Securities Associates Inc
Security Services
$464,468
Fastforward Digital Llc
Marketing Strategies
$483,780
Allied Universal Security
Security Services
$302,631
Structural Concepts Inc
Construction
$1,343,317
Pinakin It Solutions Llc
218933
$218,933
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $48,164,696
All other contributions, gifts, grants, and similar amounts not included above$5,160,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$53,324,696
Total Program Service Revenue$30,862,643
Investment income $12,903
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 $84,313,623

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Raritan Valley Community College Dir Of Budget & Finance Office has recieved totaling $118,280.

Awarding OrganizationAmount
American Association Of Community Colleges

Washington, DC

PURPOSE: SKILLS TO SUCCEED

$54,490
Rockley Family Foundation Inc

Golden, CO

PURPOSE: Education of Students

$52,990
Jewish Federation Of Somerset County

Bridgewater, NJ

PURPOSE: EDUCATION

$10,800
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,122,851
Earnings$14,593
Net Contributions$2,000
Grants$4,880
Ending Balance$1,134,564

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