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Perform statewide coordinating functions for New Jerseys community colleges, including distribution of state aid and allocation of capital funding.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$13.3M
Program Spending
97%
of total expenses go to program services
Total Contributions
$11.5M
Total Expenses
▼$12M
Total Assets
$14.9M
Total Liabilities
▼$9.4M
Net Assets
$5.5M
Officer Compensation
→$777.3K
Other Salaries
$253.8K
Investment Income
$469.8K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
4
Clean Audits
4
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2019 | Clean | Unmodified (Clean) | $866.6K | Yes | 2020-03-16 |
| 2018 | Clean | Unmodified (Clean) | $2.9M | No | 2019-03-18 |
| 2017 | Clean | Unmodified (Clean) | $4.3M | No | 2018-03-12 |
| 2016 | Clean | Unmodified (Clean) | $2.3M | No | 2017-02-28 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$866.6K
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.3M
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $13.3M | $11.5M | $12M | $14.9M | $5.5M |
| 2022IRS e-File | $12.1M | $10.5M | $11.3M | $12.7M | $4.1M |
| 2021 | $3.5M | $2.3M | $3.9M | $5M | $3.2M |
| 2020 | $5.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Dr Aaron Fichtner | President | 65 | $248.7K | $0 | $25K | $273.8K |
| Catherine Starghill Esq | Vice President | 50 | $194K | $0 | $42.3K | $236.4K |
| Sheetal Ranjan | Chair | 2 | $0 | $0 | $0 | $0 |
| Jessica R Stewart | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Dorothy Hall | Trustee | 2 | $0 | $0 | $0 | $0 |
| Mary M Zimmermann | Trustee | 2 | $0 | $0 | $0 | $0 |
| Dr Michael R Gorman | Secretary | 2 | $0 | $0 | $0 | $0 |
| Dr Frederick Keating | Treasurer | 2 | $0 | $0 | $0 | $0 |
| Dr Anthony J Iacono | President At Large | 2 | $0 | $0 | $0 | $0 |
Dr Aaron Fichtner
President
$273.8K
Hrs/Wk
65
Compensation
$248.7K
Related Orgs
$0
Other
$25K
Catherine Starghill Esq
Vice President
$236.4K
Hrs/Wk
50
Compensation
$194K
Related Orgs
$0
Other
$42.3K
Sheetal Ranjan
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jessica R Stewart
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dorothy Hall
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Mary M Zimmermann
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Michael R Gorman
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Frederick Keating
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Anthony J Iacono
President At Large
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Maria Heidkamp | Chief Of Innovation And Policy | 50 | $180K | $0 | $50.8K | $230.8K |
| Jacob S Farbman | Executive Director, Economic Mobility | 45 | $154.6K | $0 | $14.3K | $168.9K |
Maria Heidkamp
Chief Of Innovation And Policy
$230.8K
Hrs/Wk
50
Compensation
$180K
Related Orgs
$0
Other
$50.8K
Jacob S Farbman
Executive Director, Economic Mobility
$168.9K
Hrs/Wk
45
Compensation
$154.6K
Related Orgs
$0
Other
$14.3K
| $4.6M |
| $5.8M |
| $5.6M |
| $3.6M |
| 2019 | $8.4M | $6.9M | $8.1M | $5.9M | $3.4M |
| 2018 | $10.5M | $8.7M | $10.3M | $5.3M | $3.1M |
| 2017 | $10.3M | $8.9M | $10M | $5.9M | $2.9M |
| 2016 | $8.1M | $6.6M | $8.2M | $5.1M | $2.6M |
| 2015 | $6.6M | $3.3M | $6.8M | $5.1M | $2.8M |
| 2014 | $6.2M | $2.8M | $6.2M | $4.8M | $2.9M |
| 2013 | $4.3M | $2.4M | $4.3M | $3.7M | $2.9M |
| 2012 | $4.4M | $2.3M | $4M | $3.5M | $2.8M |
| 2011 | $3.9M | $2M | $3.5M | $2.8M | $2.4M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |