Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 221551931 ✦ Trenton, NJ ✦ Designated as a 501(c)(3)

Overview

What is Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation?

Independent Colleges and Universities of New Jersey, a New Jersey-based nonprofit corporation, supports 14 accredited, independent, non-profit, four-year degree-granting colleges and universities in the state. Their primary goal is to provide scholarships and grants that promote professional preparation, implement technology initiatives, ensure faculty development, build global awareness, promote community service, and encourage lifelong learning. These funds aim to educate students who contribute to New Jersey's economic, social, intellectual, and cultural aspirations. In 2020, they awarded 137 scholarships, research grants, and special project grants, offering virtual career opportunities and supporting student resilience during the COVID-19 pandemic. The organization also established an emergency aid fund to help students facing unexpected crises brought on by the pandemic.


Official website here: www.njcolleges.org

Is Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation legitimate?

Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $639,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,125

For more financial information, click here


Official website here: www.njcolleges.org

What is the mission statement of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation?

The Independent College Fund of New Jersey, or ICFNJ, empowers deserving students by strengthening New Jersey's independent colleges and universities. They achieve this by providing support for strategic investments in programs, scholarships, and education. The ICFNJ collaborates with the corporate and philanthropic communities to support its 14 member institutions and broaden financial support for, as well as awareness in, independent higher education. In essence, ICFNJ's mission is to help deserving students achieve their goals by enhancing the capabilities of New Jersey's independent colleges and universities.


Official website here: www.njcolleges.org

Who is the CEO of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation?

Stephen R Reynolds Esq is the Trustee of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation.


Official website here: www.njcolleges.org

What is the revenue of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation?

Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation's revenue in 2022 was $1,680,818.


Official website here: www.njcolleges.org

Who are the executives of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation and what are their salaries?

The average compensation at Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation during 2022 was $106,085. There are 8 employees at Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation.

Here are 20 key members and their salaries:

    Louis Manzione (President)
  • Compensation: $144,690
  • Related: $0
  • Other: $53,084

    • Maryalice Breuninger (Vice President)
  • Compensation: $108,400
  • Related: $0
  • Other: $39,382

    • Stephen R Reynolds Esq (President) [Trustee/Director]
  • Compensation: $104,160
  • Related: $0
  • Other: $17,396

    • R David Rousseau (Vice President)
  • Compensation: $91,508
  • Related: $0
  • Other: $365

    • Eugene J Cornacchia Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James W Crawford Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary B Crosby Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcheta P Evans Phd (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nariman Farvardin Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya L Freeman Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick F Leahy Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph R Marbach Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Murphy Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph E Nyre Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary A Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Schwarz Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Whelan Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher A Capuano Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory G Dell'Omo Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Drzymkowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.njcolleges.org

    Where can I find the form 990 for Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation?

    The Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.njcolleges.org

    Learn more at the official website: www.njcolleges.org

    Mission Statement of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation

    Independent Colleges and Universities of New Jersey, a nonprofit corporation, aims to empower deserving students by strengthening its 14 member institutions. Through strategic investments in programs, scholarships, and education, the organization helps these institutions achieve their educational missions. The Independent College Fund of New Jersey, as it is known, collaborates with the corporate and philanthropic communities to provide financial support and raise awareness for independent higher education. By doing so, it broadens the financial resources available to these institutions, enabling them to offer more opportunities to students and contribute to New Jersey's educational landscape.

    Impact

    This information is meant to be a general summary of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Independent Colleges and Universities of New Jersey has a significant impact on the higher education landscape in the state. By raising corporate and foundation philanthropic support and distributing it to its 14 member colleges and universities, the organization plays a key role in supporting educational missions, promoting professional preparation, implementing technology initiatives, ensuring faculty development, building global awareness, promoting community service, and encouraging lifelong learning.

    Through the Independent College Fund of New Jersey, scholarships are provided to students attending these accredited institutions. In addition, grants are given to member institutions to support various initiatives that contribute to the economic, social, intellectual, and cultural aspirations of New Jersey and society at large. The organization also plays a role in connecting students with employers, organizing research grants, and facilitating special projects to enhance the educational experience and workforce readiness of students.

    Furthermore, the Independent Colleges and Universities of New Jersey demonstrate a commitment to supporting students, especially during challenging times such as the COVID-19 pandemic. By establishing emergency aid funds to assist students facing unexpected crises, the organization helps address issues such as food insecurity, housing instability, and medical needs, ensuring that financial challenges do not become barriers to college persistence and degree completion.

    Overall, the impact of the Independent Colleges and Universities of New Jersey extends beyond individual scholarships and grants, contributing to the growth, innovation, and resilience of students, as well as the broader community through its focus on higher education excellence and student support.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $47,328
  • Program Service Revenue: $0
  • Gross Receipts: $1,708,351

    • Assets and Liabilities:
  • Total Assets: $2,289,692
  • Total Liabilities: $644,831
  • Net Assets: $1,644,861
  • Organization Details

    Founding Year

    1953

    Principal Officer

    Stephen R Reynolds Esq

    Main Address

    154 WEST STATE STREET, TRENTON, NJ, 08608

    NTEE Category

    Code: B82 - Education

    If you are a representative of Independent Colleges And Universities Of New Jersey A Nj Nonprofit Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.