MOHAWK VALLEY COMMUNITY COLLEGE FOUNDATION INC

EIN: 166071031 501(c)(3)

UTICA, NY

Total Revenue
$2,071,972
Total Expenses
$1,576,083
Total Assets
$12,172,727
Net Assets
$11,885,053
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NY
Principal Officer
DEANNA FERRO-AURIENCE
Phone
3157925444
Tax Period
2024-09-01 to 2025-08-31

MOHAWK VALLEY COMMUNITY COLLEGE FOUNDATION INC, founded in 1966, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $496K, a strong 24% operating margin.

Mission

THE MOHAWK VALLEY COMMUNITY COLLEGE FOUNDATION WAS ESTABLISHED IN 1966 TO SECURE PRIVATE SECTOR SUPPORT TO SUPPLEMENT AND ENHANCE PUBLIC FUNDING AT MOHAWK VALLEY COMMUNITY COLLEGE. THE FOUNDATION IS A 501(C)(3), NONPROFIT CORPORATION THAT SOLICITS, ACCEPTS, MANAGES, INVESTS AND DISTRIBUTES CONTRIBUTIONS AND COMMUNICATES WITH DONORS AND PROSPECTS REGULARLY. IT SERVES AS A REPOSITORY FOR ALL PRIVATE, NON-GOVERNMENTAL GIFTS AND SUPPORT RECEIVED ON BEHALF OF THE COLLEGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,418,489
Program Service Revenue $0
Investment Income $497,124
Other Revenue $156,359
TOTAL REVENUE $2,071,972

Expense Breakdown

Grants Paid $413,502
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,308,775
Other Expenses $1,162,581
TOTAL EXPENSES $1,576,083

Year-over-Year Comparison

2024 2023 Change
Revenue $2,071,972 $2,311,594 -0.1%
Expenses $1,576,083 $1,586,185 0.0%
Net Income $495,889 $725,409 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
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
5
$123,987
Total Directors
16
$123,987
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK SHORT BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT ANGELICOLA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOANNE DONARUMA-WADE SECRETARY 1.00
Officer Director
$0 $0 $0
AMY R DEMETRI BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE DAVIS-CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN ZOGBY PRESIDENT 1.00
Officer Director
$0 $0 $0
DARLENE MACK-BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
CAMILLE T KAHLER BOARD MEMBER 1.00
Director
$0 $0 $0
CLAIRE T PARISI-GILMORE BOARD MEMBER 1.00
Director
$0 $0 $0
RANDALL VANWAGONER BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS SQUIRES EX OFFICIO 1.00
Director
$0 $0 $0
CHARLES GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
DANA E JERRARD BOARD MEMBER 0.00
Director
$0 $0 $0
DOUG BARTELL TREASURER 1.00
Officer Director
$0 $0 $0
DEANNA L FERRO-AURIENCE DIRECTOR 35.00
Officer Director
$0 $15,671 $123,987
ROBERT HUYCK EX OFFICIO 1.00
Director
$0 $0 $0
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
2025 $2,071,972 $1,576,083 $12,172,727 $495,889
2024 $2,311,594 $1,586,185 $11,076,672 $725,409
2023 $1,445,434 $1,428,450 $9,821,614 $16,984
2022 $1,734,789 $1,012,997 $9,046,349 $721,792
2021 $1,438,196 $1,098,439 $9,421,450 $339,757
2020 $1,851,395 $1,583,675 $8,549,983 $267,720
2019 $4,306,833 $1,358,910 $7,868,301 $2,947,923
2018 $1,063,044 $1,043,587 $5,335,595 $19,457
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