Bmcc Association Inc
- Assets
- $2.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 29
- Location
- New York, NY
- Founding
- 06/1966
- Data as of
- 06/2023
- 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 06/2023, Bmcc Association Inc employed 29 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 06/2023, Bmcc Association Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. 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
2023
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.
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 |
|---|---|---|---|
Erica Seidel Director | Trustee | 1 | $0 |
Mohammad Alam Treasurer | OfficerTrustee | 1 | $0 |
Mohammad Azhar Director | Trustee | 1 | $0 |
Percess Atteloney Director | Trustee | 1 | $0 |
Anthony Bishop Director | Trustee | 1 | $0 |
Jennifer Benn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $227,271 |
| 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 | $227,271 |
| Total Program Service Revenue | $1,380,445 |
| Investment income | $32,911 |
| 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 | $1,669,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $149,691 |
| Grants and other assistance to domestic individuals. | $80,808 |
| 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 | $308,568 |
| Pension plan accruals and contributions | $23,018 |
| Other employee benefits | $70,400 |
| Payroll taxes | $23,380 |
| 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 | $50,713 |
| Advertising and promotion | $4,000 |
| Office expenses | $1,150 |
| Information technology | $374 |
| Royalties | $0 |
| Occupancy | $1,247 |
| Travel | $188,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,909 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $30,169 |
| All other expenses | $7,023 |
| Total functional expenses | $1,899,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $412,442 |
| Savings and temporary cash investments | $1,484,152 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $620,078 |
| 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 | $75,040 |
| 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 | $2,591,712 |
| Accounts payable and accrued expenses | $431,594 |
| 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 | $56,918 |
| Total liabilities | $488,512 |
| 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 | $2,103,200 |
| Total liabilities and net assets/fund balances | $2,591,712 |