2025-05-01T08:50:22-05:00 2024-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-07-01 133263493 FIT STUDENT HOUSING CORPORATION FITS 2122173603 227 WEST 27TH STREET NEW YORK NY 10001 SHERRY BRABHAM TREASURER 2122173603 2025-04-25 1 0 EVAN W SEEKAMP P01907071 2127589700 2025-04-22 2023 2025-03-06 01:10:19Z DR JOYCE F BROWN 227 WEST 27TH STREET NEW YORK NY 10001 44926980 0 X N/A X 1982 NY TO PROVIDE MANAGEMENT SERVICES AND OPERATION OF DORMITORY FACILITIES FOR STUDENTS OF FIT. 14 14 58 14 0 0 0 0 39854211 42149609 1298269 2777371 0 0 41152480 44926980 0 0 0 0 1653368 1957936 0 0 0 33616130 35334353 35269498 37292289 5882982 7634691 171217690 174467755 136337817 131922647 34879873 42545108 TO OWN AND OPERATE DORMITORY FACILITIES FOR THE FASHION INSTITUTE OFTECHNOLOGY. 0 0 34688318 42180153 FIT STUDENT HOUSING CORPORATION OPERATES AND MANAGES THE DORMITORY FACILITIES FOR THE FASHION INSTITUTE OF TECHNOLOGY. 34688318 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 58 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X SHELCI J GRAHAM 2122173617 227 WEST 27TH STREET NEW YORK NY 10001 ROBIN BURNS-MCNEILL CHAIR 1.00 3.00 X 0 0 0 JAQUI LIVIDINI VICE CHAIR 1.00 2.00 X 0 0 0 RICHARD A ANDERMAN TRUSTEE 1.00 2.00 X 0 0 0 JUDITH I BYRD TRUSTEE 1.00 2.00 X 0 0 0 JOAN B HORNIG TRUSTEE 1.00 2.00 X 0 0 0 BEVERLY S MACK TRUSTEE 1.00 2.00 X 0 0 0 ELIZABETH T PEEK TRUSTEE 1.00 3.00 X 0 0 0 GABRIELLE FIALKOFF TRUSTEE 1.00 2.00 X 0 0 0 MONA ABOEGLNAGA KANAAN TRUSTEE 1.00 2.00 X 0 0 0 DEIRDRE QUINN TRUSTEE 1.00 2.00 X 0 0 0 SAMANTHA BARNES STUDENT TRUSTEE 1.00 2.00 X 0 0 0 SALLY SINGER TRUSTEE 1.00 2.00 X 0 0 0 NINA GARCIA TRUSTEE (START 11/23) 1.00 2.00 X 0 0 0 DENISE MAGID TRUSTEE (START 11/23) 1.00 2.00 X 0 0 0 DR JOYCE F BROWN PRESIDENT 5.00 30.00 X 0 770137 180116 SHERRY BRABHAM TREASURER 5.00 30.00 X 0 335575 58307 STEPHEN TUTTLE SECRETARY 5.00 30.00 X 0 329507 76934 ANGELA BROWN DIRECTOR, RESIDENTIAL LIF 5.00 30.00 X 137533 0 29372 137533 1435219 344729 1 0 1 0 UG2 16 HUNGTINGTON AVENUE 12TH FLOOR BOSTON MA 02116 BUILDING MAINTENANCE 5336177 ARAMARK CORP PO BOX 978839 DALLAS NY 753978839 FOOD SERVICE 5043473 ARROW SECURITY INC 300 W MAIN ST SMITHTOWN NY 11787 SECURITY SERVICES 2527393 CARE SECURITY SYSTEMS INC 1 STATE STREET NEW YORK NY 10004 CONSTRUCTION 1029010 PULLMAN SERVICES 330 W 38TH STREET SUITE 711 NEW YORK NY 10018 CONSTRUCTION 890260 5 STUDENT RENTALS AND FE 721000 34833994 34833994 MEAL PLAN INCOME 721000 6306603 6306603 OTHER RENTALS 721000 992371 992371 OTHER PROGRAM REVENUE 721000 16641 16641 42149609 2063386 2063386 713985 0 713985 713985 713985 44926980 42149609 0 2777371 1404760 1048255 356505 118637 88529 30108 334847 249868 84979 99692 74392 25300 901802 901802 45800 45800 151229 151229 150 150 262880 188125 74755 160911 160911 11586997 11586997 197466 197466 8263255 8263255 933343 933343 FOOD CONTRACT 6360510 6360510 CONTRACT LABOR 4028346 4028346 SECURITY 2441664 2441664 37292289 34688318 2603971 0 41453991 52172283 60446 0 189341 200777 242973106 144967562 102673265 98005544 26840647 24089151 171217690 174467755 1769418 3601396 886012 574734 122234853 116453957 11447534 11292560 136337817 131922647 X 38030605 47110478 -3150732 -4565370 34879873 42545108 171217690 174467755 7634691 30544 0 X 0 0 0 X 6667181 6667181 28161241 4112179 33070099 39854211 42149609 147347339 28161241 10779360 33070099 39854211 42149609 154014520 0 0 0 154014520 568409 83812 96017 1046356 2807915 4602509 568409 83812 96017 1046356 2807915 4602509 28729650 10863172 33166116 40900567 44957524 158617029 0.97100 0.98420 0.02900 0.01580 X 12408700 12408700 62341610 42387180 19954430 155930853 90478113 65452740 12291943 12102269 189674 98005544 HELD BY BOND TRUSTEE (DASNY) 19000229 DEFERRED AMOUNT ON REFUNDING 3731468 PREPAID BOND INSURANCE 1146037 DEFERRED AMOUNT (OPEB) 211417 24089151 DEFERRED AMOUNT (OPEB) 1297719 BOND INTEREST PAYABLE 2520718 AFFILIATE LOAN PAYABLE (FIT) 7474123 11292560 44957524 30544 30544 44926980 0 44926980 37292289 0 37292289 0 37292289 0 1 0 0 0 0 0 0 0 DR JOYCE F BROWN PRESIDENT 0 739124 0 25000 0 6013 0 63879 0 116237 0 950253 0 0 STEPHEN TUTTLE SECRETARY 0 329507 0 0 0 0 0 33243 0 43691 0 406441 0 0 SHERRY BRABHAM TREASURER 0 335575 0 0 0 0 0 42900 0 15407 0 393882 0 0 ANGELA BROWN DIRECTOR, RESIDENTIAL LIF 137533 0 0 0 0 0 13966 0 15406 0 166905 0 0 0 SCHEDULE J, PART I, LINE 3 METHODS USED TO DETERMINE COMPENSATION THE CEO/EXECUTIVE DIRECTOR OF THE FILING ORGANIZATION IS COMPENSATED BY A RELATED ORGANIZATION TAX EXEMPT, FASHION INSTITUTE OF TECHNOLOGY (FIT). FIT UTILIZES A COMPENSATION STUDY AND BOARD APPROVAL WHEN DETERMINING COMPENSATION. SCHEDULE J, PART I, LINE 4B FIT FUNDS AN ANNUITY ON BEHALF OF THE PRESIDENT. OTHER REPORTABLE COMPENSATION IN COLUMN (B)(III) INCLUDES $25,000 FOR THE FUNDING OF THE CURRENT YEAR ANNUITY. A DORMITORY AUTHORITY OF THE STATE OF NY SERIES 2007 146000293 649903LV1 2007-05-31 125674189 REFUNDED SERIES 2004 0 0 0 A 125674189 1269892 714164 123690133 2007 0 1 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 SCHEDULE K, PART IV, LINE 2C NO REBATE DUE THE LAST 5 YEAR CALCULATION FOR THE 2007 BONDS WAS 5/31/2022 AND NO REBATE WAS DUE. SCHEDULE K, PART III, LINE 3A, COLUMN A & B THE MANAGEMENT CONTRACTS IN BOND FINANCED SPACE FALL UNDER THE SAFE HARBOR EXCEPTION OR ARE INCIDENTAL USE CONTRACTS. NEITHER RESULT IN PRIVATE BUSINESS USE. SCHEDULE K, PART II, LINE 12 THE OTHER SPENT PROCEEDS WERE USED TO REFUND THE JUNE 2004 BOND ISSUE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH THE ORGANIZATION'S STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM WAS THEN CAREFULLY REVIEWED BY OFFICERS OF THE ORGANIZATION. A COMPLETE COPY OF THE FINAL VERSION OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. QUESTIONS WERE REFERRED TO THE CHIEF FINANCIAL OFFICER FOR RESPONSES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ON AN ANNUAL BASIS, DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A DISCLOSURE STATEMENT. THE CONFLICT OF INTEREST POLICY AND DISCLOSURES ARE MONITORED BY GENERAL COUNSEL OF THE ORGANIZATION WITH ASSISTANCE FROM FIT'S CONTROLLER. APPROPRIATE ACTION IS TAKEN BASED ON THE NATURE OF THE CONFLICT, IF ANY ARE IDENTIFIED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE THE ORGANIZATION'S DOCUMENTS INCLUDING ITS APPLICATION FOR TAX EXEMPT STATUS, FORM 990, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FASHION INSTITUTE OF TECHNOLOGY 227 WEST 27TH ST NEW YORK NY 10001 132556338 EDUCATION NY 115 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 FASHION INSTITUTE OF TECHNOLOGY E 7474123 FMV FASHION INSTITUTE OF TECHNOLOGY M 901802 FMV FASHION INSTITUTE OF TECHNOLOGY P 724153 FMV