2024-05-07T15:48:10-05:00 2023-06-30 135565207 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 122072974 990 2022-07-01 141772760 FULLER ROAD MANAGEMENT CORPORATION FULL 5189567322 257 FULLER ROAD ALBANY NY 12203 TIMOTHY TAYLOR CFO 5189567322 2024-05-07 1 TIMOTHY TAYLOR 999009999 0 MARILYN E FARLEY P01231880 5184274600 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID ANDERSON 257 FULLER ROAD ALBANY NY 12203 62029137 0 X FRMC.US X 1993 NY FULLER ROAD MANAGEMENT CORPORATION WAS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY AND COLLECTING INCOME THEREFROM. ITS MISSION IS TO PURCHASE, ACQUIRE, OWN, HOLD, IMPROVE AND DEVELOP LANDS, BUILDINGS AND OTHER REAL PROPERTY IMPROVEMENTS THAT PROVIDE FACILITIES THAT PROMOTE RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT. 9 9 0 10 0 0 14500 133814 0 0 3806 74629 -8177016 -6390539 -8158710 -6182096 0 0 0 0 0 0 0 0 0 6630319 12502814 6630319 12502814 -14789029 -18684910 555735538 507055843 299920617 269925832 255814921 237130011 X FULLER ROAD MANAGEMENT CORPORATION WAS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY AND COLLECTING INCOME THEREFROM. ITS MISSION IS TO PURCHASE, ACQUIRE, OWN, HOLD, IMPROVE AND DEVELOP LANDS, BUILDINGS AND OTHER REAL PROPERTY IMPROVEMENTS THAT PROVIDE FACILITIES THAT PROMOTE RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT. 0 0 FULLER ROAD MANAGEMENT CORPORATION PURCHASES, ACQUIRES, OWNS, HOLDS, IMPROVES AND DEVELOPS LAND, BUILDINGS AND OTHER REAL PROPERTY IMPROVEMENTS THAT PROVIDE FACILITIES THAT PROMOTE RESEARCH, EDUCATION AND ECONOMIC DEVELOPMENT. FULLER ROAD MANAGEMENT CORPORATION HOLDS THE TITLE TO SUCH PROPERTY AND COLLECTS INCOME FROM THE RENTAL OF THIS PROPERTY. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 12 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X TIMOTHY TAYLOR 5189567417 257 FULLER ROAD ALBANY NY 12203 MICHAEL ABBOTT DIRECTOR 0.50 0.50 X 0 0 0 ANITA BROWN DIRECTOR 0.50 0.50 X 0 0 0 CHRISTINE CHUNG DIRECTOR 0.50 0.50 X 0 0 0 HEATHER HAGE DIRECTOR 0.50 0.50 X 0 0 0 DOREEN HARRIS DIRECTOR 0.50 0.50 X 0 0 0 MENG-LING HSIAO DIRECTOR 0.50 0.50 X 0 0 0 JOAN MCDONALD DIRECTOR 0.50 0.50 X 0 0 0 KRISTIN PROUD DIRECTOR 0.50 0.50 X 0 0 0 KENNETH TOMPKINS DIRECTOR 0.50 0.50 X 0 0 0 PATRICIA ARCIERO-CRAIG CAO, ACTING GENERAL COUNSEL 16.00 16.00 X 256392 0 51477 TIMOTHY TAYLOR CFO 15.00 10.00 X 202060 0 104485 DAVID ANDERSON PRESIDENT 10.00 10.00 X 284287 0 10597 PAUL KELLY COO 4.00 4.00 X 202303 0 47942 PATRICIA BUCKLIN SECRETARY 20.00 20.00 X 168046 0 16028 SCOTT BATEMAN TREASURER 0.50 0.50 X 0 0 0 DOUG GROSE PAST PRES/CHARIMAN, DIR 0.00 0.00 X 183076 0 0 1296164 0 230529 6 1 1 1 TRICENTENNIAL PROPERTIES LLC 302 WASHINGTON AVE EXT ALBANY NY 12203 RENT 802223 HARRIS BEACH PLLC 677 BROADWAY ALBANY NY 12207 LEGAL 165575 2 133814 133814 74629 74629 61820694 68211233 -6390539 -6390539 -6390539 -6182096 -6390539 0 74629 12502814 12502814 12502814 12502814 0 0 9213651 2998261 15703178 16763894 0 0 4664213 4098907 0 0 0 0 0 0 0 0 2976031 2416487 979937782 525961997 496979998 453975785 0 0 0 0 0 0 0 0 26198467 26802509 555735538 507055843 4521142 3865257 0 0 5098935 4612762 0 0 0 0 0 0 273501109 246036487 0 0 16799431 15411326 299920617 269925832 X 255710332 236891608 104589 238403 255814921 237130011 555735538 507055843 -18684910 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 949065229 506318261 442746968 30872553 19643736 11228817 453975785 ASSETS LIMITED AS TO USE 26647489 RIGHT OF USE ASSETS- OPERATING LEASE 12642 RENT FIT-UPS 142378 26802509 CAPITAL LEASE 6463376 LINE OF CREDIT 8938391 LEASE LIABILITY - OPERATING LEASE 9559 15411326 X PART X, LINE 2: FASB ASC 740 FOOTNOTE: THE CORPORATION APPLIES THE PROVISIONS OF ASC 740-10, ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTITY'S CONSOLIDATED FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY THAN-NOT FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURES OF TAX UNCERTAINTIES. MANAGEMENT HAS EVALUATED ASC 740-10 AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT IMPACT THE CORPORATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. X 0 0 0 PATRICIA ARCIERO-CRAIG CAO, ACTING GENERAL COUNSEL 256392 0 0 0 0 0 21541 0 29936 0 307869 0 0 0 TIMOTHY TAYLOR CFO 202060 0 0 0 0 0 36452 0 68033 0 306545 0 0 0 DAVID ANDERSON PRESIDENT 284287 0 0 0 0 0 0 0 10597 0 294884 0 0 0 PAUL KELLY COO 202303 0 0 0 0 0 24678 0 23264 0 250245 0 0 0 PATRICIA BUCKLIN SECRETARY 168046 0 0 0 0 0 15547 0 481 0 184074 0 0 0 DOUG GROSE PAST PRES/CHARIMAN, DIR 183076 0 0 0 0 0 0 0 0 0 183076 0 0 0 PART II - COMPENSATION FROM UNRELATED ORGANIZATIONS COMPENSATION FOR TIMOTHY TAYLOR WAS PAID BY THE STATE UNIVERSITY OF NEW YORK, AN UNRELATED ENTITY, AND WAS PARTIALLY REIMBURSED THROUGH A GRANT. COMPENSATION FOR DOUG GROSS WAS PAID BY NY CREATES A RELATED ENTITY AS AN INDEPENDENT CONTRACTOR. COMPENSATION FOR THE OTHER PEOPLE LISTED WAS PAID BY THE RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK, ANOTHER UNRELATED ENTITY, AND WAS WHOLLY OR PARTIALLY REIMBURSED BY THE CORPORATION. THE COMPENSATION REPORTED ON SCHEDULE J PART II IS THE FULL COMPENSATION PAID TO EACH INDIVIDUAL. A PORTION OF THEIR TIME WAS SPENT WORKING FOR THE REPORTING ORGANIZATIONS AND ITS RELATED ORGANIZATIONS, AS REPORTED ON SCHEDULE R. FORM 990, PART I, LINE 5 & PART V, LINE 2A COMPENSATION FOR DOUG GROSS WAS PAID BY NY CREATES A RELATED ENTITY AS AN INDEPENDENT CONTRACTOR. THE REMAINING FIVE INDIVIDUALS INCLUDED IN FORM 990 PART VII LINE 1A WERE PAID BY UNRELATED ORGANIZATIONS AND PARTIALLY REIMBURSED BY THE CORPORATION OR A GRANT. THEREFORE NO EMPLOYEES ARE REPORTED ON FORM 990 PART I, LINE 5 OR PART V, LINE 2A. FORM 990, PART VI, SECTION A, LINE 6 NEW YORK CENTER FOR RESEARCH, ECONOMIC ADVANCEMENT TECHNOLOGY, ENGINEERING AND SCIENCE CORPORATION (NY CREATES) IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A EACH DIRECTOR OF THE CORPORATION'S MEMBER, NY CREATES, INCLUDING ALL EX-OFFICIO NON-VOTING ADVISORY REPRESENTATIVES, IS DEEMED A DIRECTOR OR ADVISORY REPRESENTATIVE OF THE CORPORATION BY VIRTUE OF BEING A DIRECTOR OR ADVISORY REPRESENTATIVE OF THE MEMBER. THE MEMBER HAS NO POWER TO CONTROL THE BOARD'S ACTIONS. FORM 990, PART VI, SECTION A, LINE 7B A DIRECTOR SHALL BE AUTOMATICALLY REMOVED FROM THE BOARD OF DIRECTORS SIMULTANEOUS WITH THE DIRECTOR'S REMOVAL FROM THE BOARD OF DIRECTORS OF THE MEMBER. THE BY-LAWS AND THE CERTIFICATE OF INCORPORATION MAY BE ADDED TO, AMENDED, REPEALED OR REPLACED ONLY BY THE AGREEMENT OF THE CORPORATION'S MEMBER. IN ADDITION, THE FOLLOWING ITEMS MUST BE APPROVED FIRST BY A MAJORITY VOTE OF THE CORPORATION'S BOARD OF DIRECTORS AND THEN SUBMITTED TO THE MEMBER FOR APPROVAL: (I) AMENDMENT TO THE CORPORATION'S CERTIFICATE OF INCORPORATION; (II) APPROVAL OF A PLAN OF MERGER OR CONSOLIDATION OF THE CORPORATION; (III) APPROVAL OF A PLAN OF DISSOLUTION OF THE CORPORATION; (IV) APPROVAL OF A RECOMMENDATION FOR THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE CURRENTLY NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CORPORATION'S FORM 990 IS PREPARED INTERNALLY UNDER THE REVIEW OF THE PRESIDENT, TREASURER AND CFO. IT IS REVIEWED BY THE CORPORATION'S EXTERNAL AUDITORS. THE COMPLETED FORM IS DISTRIBUTED TO THE AUDIT COMMITTEE AND REVIEWED WITH MANAGEMENT AND THE EXTERNAL AUDITOR. AFTER THE AUDIT COMMITTEE REVIEW, THE FINAL FORM 990 AND ALL REQUIRED SCHEDULES, IS DISTRIBUTED TO EACH VOTING BOARD DIRECTOR AND IS APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C UNDER THE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION POLICY, DIRECTORS, OFFICERS AND KEY EMPLOYEES MUST DISCLOSE IN GOOD FAITH AND IN WRITING ALL MATERIAL FACTS RELATED TO CONFLICTS OF INTEREST TO THE GENERAL COUNSEL AND/OR ETHICS OFFICER, WHO WILL ADVISE HOW TO PROCEED. THE DISCLOSURE MUST BE MADE PART OF THE CORPORATION'S OFFICIAL RECORDS, INCLUDING IN THE MINUTES OF ANY MEETING AT WHICH THE CONFLICT ISSUE IS DISCUSSED OR VOTED ON. THE POLICY ALSO CONTAINS PROVISIONS FOR RECUSAL AND ABSTENTION. QUESTIONNAIRES ARE SUBMITTED ANNUALLY TO DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DETERMINE WHETHER ANY CONFLICTS OF INTEREST OR RELATED PARTY TRANSACTIONS EXIST. FORM 990, PART VI, SECTION B, LINE 15 FOR SUCH INDIVIDUALS, WHOSE COMPENSATION WAS PARTIALLY REIMBURSED BY THE CORPORATION, THE AUDIT COMMITTEE, WHICH WAS COMPOSED OF INDEPENDENT MEMBERS, CONSIDERED COMPARABLE SALARY INFORMATION AND DOCUMENTED ITS DECISION CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE POSTED ON THE CORPORATION'S WEBSITE AND ARE AVAILABLE TO THE PUBLIC, UPON REQUEST, AT THE CORPORATION'S BUSINESS OFFICE. FORT SCHUYLER MANAGEMENT CORPORATION 257 FULLER ROAD ALBANY NY 12203 SUPPORTS SUNY POLY MISSION NY 501(C )(3) LINE 10 N/A 0 NY CREATES 257 FULLER ROAD ALBANY NY 12203 SCIENTIFIC RESEARCH, EDUCATION, ECONOMIC DEVELOPMENT NY 501(C )(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0