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Atlantic Cape Foundation Board Names New Members; Reappoints Others

July 1, 2013

The Atlantic Cape Community College Foundation appointed new members and reappointed officers, effective July 1.

The board reappointed Diane T. McKoy of Mays Landing, as Atlantic Cape Foundation Board president for a third term. McKoy, a certified public accountant, has served on and chaired the Atlantic Cape Community College Restaurant Gala Committee.

Other officers named were Nick Cashan III of Hammonton, vice president and director, Philadelphia Regional Office of Maran Corporation Risk Associates, as first vice president; Ken Calemmo Jr. of Sea Isle City, chief operating officer of Cooper Levenson law firm, as second vice president; Vicki T. Clark of Cape May Court House, president of the Cape May County Chamber of Commerce, as third vice president; Stephen Nehmad Esq. of Egg Harbor Township, partner in the law firm Nehmad, Perillo & Davis, as secretary; and Dennis Stacy of Northfield, a financial advisor of Ameriprise Financial, as treasurer. These officers will serve two-year terms through June 30, 2014.

Two new at-large members were elected to the board to serve three-year terms:

  • Roger Robert Mussa of Galloway, account vice president, wealth advisor and managing partner of the UBS Financial Services—Eisenberg-Mussa Wealth Management in Northfield
  • Cheryl A. Wachter of Dorothy, vice president of commercial lending for CapeBank in Cape May Court House

The following members were re-appointed: Dr. Nirmala Basavanand of Atlantic City; Justine Coyle of Egg Harbor Township; William McMahon III of Upper Township; Roman Osadchuk of Wildwood; Charles Pessagno of Galloway; and James Rutala of Linwood.

Atlantic Cape established the Foundation in 1978 as a 501(c)3 nonprofit charity to build a broad base of financial support for its programs and services. Foundation members are drawn from local industry and small businesses and represent a broad cross-section of active leaders in the community. The Foundation has raised nearly $3 million for scholarships, Foundation operations and to enhance academic programs and the campus environment. Annually, the Foundation provides $270,000 for institutional scholarships, grants and emergency help and another $70,000 to support college educational endeavors.