CUMBERLAND COUNTY TECHNICAL EDUCATION CENTER FOUNDATION INC

EIN: 311644208 501(c)(3) Education

VINELAND, NJ

Total Revenue
$174,046
Total Expenses
$145,941
Total Assets
$1,694,645
Net Assets
$1,679,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NJ
Principal Officer
CHARLES CJ WETTSTEIN
Phone
8564519000
Tax Period
2024-07-01 to 2025-06-30

CUMBERLAND COUNTY TECHNICAL EDUCATION CENTER FOUNDATION INC, founded in 1998, is a small nonprofit in the Education sector that reported $174K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $28K, a strong 16% operating margin.

Mission

TO PROVIDE STAFF AND STUDENTS WITH THE MEANS AND RESOURCES NECESSARY TO COMPETE SUCCESSFULLY IN THE WORKFORCE AND TO KEEP UP TO DATE AS TECHNOLOGY ADVANCES BY SEEKING GRANTS AS WELL AS EQUIPMENT, SOFTWARE, SERVICE AND MONETARY DONATIONS THROUGH FUNDRAISING, BEQUESTS, AND GIFTS FROM ALL APPROPRIATE SOURCES FOR USE BY THE CUMBERLAND COUNTY TECHNICAL EDUCATION STUDENTS AND STAFF.

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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 $66,971
Program Service Revenue $0
Investment Income $57,783
Other Revenue $49,292
TOTAL REVENUE $174,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,100
Other Expenses $145,941
TOTAL EXPENSES $145,941

Year-over-Year Comparison

2024 2023 Change
Revenue $174,046 $214,490 -0.2%
Expenses $145,941 $118,665 +0.2%
Net Income $28,105 $95,825 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD FRANCESCHINI PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES CJ WETTSTEIN President 1.00
Officer Director
$0 $0 $0
LUANNE ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
MATT MUFALLI BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES J GRUCCIO JR ESQ Treasurer 1.00
Officer Director
$0 $0 $0
CAROL MUSSO Vice President 1.00
Director
$0 $0 $0
DARLENE BARBER Secretary 1.00
Officer Director
$0 $0 $0
CARLOS MERCADO BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
CHLOE SWIFT BOARD MEMBER 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 $174,046 $145,941 $1,694,645 $28,105
2024 $214,490 $118,665 $1,273,653 $95,825
2023 $122,689 $106,242 $1,123,845 $16,447
2022 $105,390 $88,313 $1,065,044 $17,077
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