Rockland Community College Foundation
Nonprofit profile at a glance
- EIN
- 222680786
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Suffern, NY, USA
- Phone
- 8455744382
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $900,408
- Expenses
- $608,130
- Assets
- $6,460,143
- Liabilities
- $120,681
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- KAREN LEWIS (CEO)
- HOWARD HELLMAN (Vice President)
Highest reported compensation
- KAREN LEWIS (CEO): $136,878 total reported compensation
- ANDREW GIOSEFFI (CFO): $74,441 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The educational needs and aspirations of Rockland County by assisting Rockland County college. The foundation provides financial assistance to the college for the consulting development of its students, staff, faculty, and programs. The foundation help the college address several needs which have a significant educational and community impact that would not be met without private funs.
What it reported doing in 2025
Since the incorporation of the RCC Foundation, it has provided over $4 Million in support for the students of Rocklan Community College. This includes support for scholarships, innovative Programming and Activities, and professional development opportunities for faculty and staff. These efforts are aligned with the mission and vision of the foundation. Of note, the foundation provides support through scholarships and financial assistance, geared to retain students to the completion of their academic goals with a focus on supporting under-represented students, such as socioeconomically disadvantaged students, single parents, students with disabilities, and veterans.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 94
- Accountability: 86
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 79
- Program expense ratio: 86.3%; rating input score 86
- Fundraising efficiency: $16.81 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.7%; rating input score 100; 54th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 32.5%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 10.62; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 54; 54th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -2.7% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -2.3% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 78.5% of revenue deployed · 86.3% of spending went to programs
- Governance: 12 of 12 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $525K in reported program spending
- Leadership: top reported pay $137K · 14 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 54/100.