Queens College Special Projects Fund Inc

Organization Overview

Queens College Special Projects Fund Inc is located in Flushing, NY. The organization was established in 1998. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queens College Special Projects Fund 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 06/2022, Queens College Special Projects Fund Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $7.6m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FUND'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT, PROMOTE, AND FOSTER THE EDUCATIONAL MISSION OF ITS PARENT ORGANIZATION, QUEENS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

QUEENS COLLEGE SPECIAL PROJECT FUND'S PRIMARY EXEMPT ACTIVITY IS TO HOLD AND OPERATE A RESIDENCE HALL FOR THE BENEFIT OF THE STUDENT OF THE QUEENS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK. THE RESIDENCE HALL CONSISTS OF A STUDENT HOUSING FACILITY DESIGNED TO HOUSE 506 STUDENTS, AN 89 CAR PARKING GARAGE, AND OTHER AMENITIES. THE FACILITIES HAVE ALSO BEEN USED TO HOLD CONFERENCES THAT SUPPORT THE EDUCATIONAL MISSION OF QUEENS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK.


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Board, Officers & Key Employees

Name (title)Compensation
Frank Wu
President
$0
Jennifer Jarvis
Vice President
$0
Joseph Loughren
Treasurer
$0
Jeffrey Rosenstock
Secretary
$0
Zeco Krcic
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,343,754
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$2,343,754
Total Program Service Revenue$5,006,247
Investment income $3,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$502,032
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,071,081

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