Public Charity

INDEPENDENT COLLEGES AND UNIVERSITIES OF NEW JERSEY A NJ NONPROFIT CORPORATION

INDEPENDENT COLLEGES AND UNIVERSITIES OF NEW JERSEY A NJ NONPROFIT CORPORATION, of TRENTON, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.9M in revenue, $1.8M in expenses, $2.9M in total assets. 35 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 221551931 TRENTON, NJ Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.8M
Total Assets$2.9M
Grant Records35
Funding Total$1.2M
Filing Years2021–2025

Mission

THE MISSION OF THE INDEPENDENT COLLEGES AND UNIVERSITIES OF NEW JERSEY, A NEW JERSEY NON-PROFIT CORPORATION IS TO ADVANCE THE INTERESTS OF NEW JERSEY'S INDEPENDENT, NON-PROFIT, PUBLIC MISSION INSTITUTIONS OF HIGHER EDUCATION BY PROMOTING ACCESS, AFFORDABILITY AND STUDENT SUCCESS THROUGH PUBLIC POLICY ADVOCACY, CORPORATE AND INDIVIDUAL PHILANTHROPY, AND EMPOWERING THE CHOICE OF THE BEST FIT FOR EACH STUDENT'S EDUCATIONAL, CULTURAL, AND ENVIRONMENTAL NEEDS.

Where $100 goes at Independent Colleges and Universities of New Jersey a NJ Nonprofit Corporation

How Independent Colleges and Universities of New Jersey a NJ Nonprofit Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$66 Programs the work itself
$21 Management running the organization
$13 Fundraising raising the next dollar

Inside the $66 for programs

$66
Program service expenses represent the ongoing costs of operations to advance its mission
All program spending · Reported in the filing: 137 scholarships; 34 teams
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Dr Eugene Cornacchia
TRUSTEE Dr Michael Avaltroni
TREASURER / TRUSTEE Gary B Crosby Phd
CHAIR Gregory G Dell'omo Phd
TRUSTEE Hilary A Parker
TRUSTEE Hilary L Link Phd

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$604,374 17 grants
Education
$551,700 15 grants
Health & Medicine
$50,000 1 grant
Unspecified
$27,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $1.8M $2.9M
2024 $1.8M $1.7M $2.7M
2023 $2.0M $1.8M $2.7M
2022 $1.7M $1.9M $2.3M
2021 $307K $374K $1.9M

Between 2021 and 2025, reported annual revenue grew from $307K to $1.9M (+517%), with total assets most recently reported at $2.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INDEPENDENT COLLEGES AND UNIVERSITIES OF NEW JERSEY A NJ NONPROFIT CORPORATION

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