ADJUNCT FACULTY ASSOCIATION AT NASSAU COMMUNITY COLLEGE

EIN: 112605238

GARDEN CITY, NY

Total Revenue
$352,755
Total Expenses
$360,391
Total Assets
$452,439
Net Assets
$434,872
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
STEFAN KROMPIER
Tax Period
2023-01-01 to 2023-12-31

ADJUNCT FACULTY ASSOCIATION AT NASSAU COMMUNITY COLLEGE, founded in 1982, is a small nonprofit that reported $353K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION WAS FORMED FOR THE BENEFIT AND SUPORT OF IT'S MEMBERSHIP. THEY ACT AS REPRESENTATIVE OF THE ADJUNCT FACULTY IN ALL DEALINGS WITH THE COUNTY, STATE AND OTHER EMPLOYING AUTHORITIES.

Program Service Accomplishments

Program 1
Expenses: $297,379 Revenue: $352,625

THE ORGANIZATION NEGOTIATES ALL TERMS AND CONDITIONS OF EMPLOYMENT INCLUDING JOB SECURITY, SENIORITY, ASSIGNMENTS, SALARY AND WORKING CONDITIONS.

Program 2
Expenses: $42,185

DEFERENCE PAID TO SENIORITIES FOR APPOINTMENTS AND ASSIGNMENTS. A GRIEVANCE PROCEDURE TO ADDRESS GRIEVANCES AND DUE PROCESS PROCEDURES FOR DISMISSAL FOR CAUSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $352,625
Investment Income $130
Other Revenue $0
TOTAL REVENUE $352,755

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,064
Fundraising Expenses $0
Program Expenses $339,564
Other Expenses $151,327
TOTAL EXPENSES $360,391

Year-over-Year Comparison

2023 2022 Change
Revenue $352,755 $346,614 +0.0%
Expenses $360,391 $365,149 0.0%
Net Income $-7,636 $-18,535 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$287,368
Total Directors
7
$140,615
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEFAN KROMPIER PRESIDENT N/A
Officer
$0 $0 $110,129
SCOTT J STARK VICE PRESIDE N/A
Officer
$0 $0 $79,972
GARY OUELLETTE TRUSTEE 40.00
Director
$57,031 $0 $57,031
BARBARA GREGORIO TREASURER N/A
Officer
$0 $0 $54,796
ROSEMARIE TAVITIAN SECRETARY 10.00
Officer
$42,471 $0 $42,471
PAUL GAUDAGNINO TRUSTEE N/A
Director
$0 $0 $22,538
ROBERT FEMMINELLA TRUSTEE N/A
Director
$0 $0 $15,411
CHRIS ENRIGHT TRUSTEE N/A
Director
$0 $0 $15,042
ETHEL WEEKS TRUSTEE N/A
Director
$0 $0 $14,860
KENNETH BELLAFIORE TRUSTEE 6.00
Director
$14,846 $0 $14,846
RICHARD BECK TRUSTEE 1.00
Director
$887 $0 $887
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $352,755 $360,391 $452,439 $-7,636
2022 $346,614 $365,149 $456,108 $-18,535
2021 $367,152 $333,018 $476,835 $34,134
2020 $413,943 $400,071 $443,057 $13,872
2019 $472,977 $474,661 $426,982 $-1,684
2018 $509,194 $501,177 $438,579 $8,017
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