2025-04-25T12:52:31-05:00 2024-06-30 135565207 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 122072974 990 2023-07-01 141772760 FULLER ROAD MANAGEMENT CORPORATION FULL 5189567322 257 FULLER ROAD ALBANY NY 12203 TIMOTHY TAYLOR CFO 5189567322 2025-04-25 1 0 MARILYN E FARLEY P01231880 5184274600 2025-04-25 2023 2025-03-06 01:10:19Z DAVID ANDERSON 257 FULLER ROAD ALBANY NY 12203 110855034 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. 6 5 0 9 0 0 133814 0 0 0 74629 372692 -6390539 45405832 -6182096 45778524 0 0 0 0 0 0 0 0 0 12502814 10115909 12502814 10115909 -18684910 35662615 507055843 528808732 269925832 256016106 237130011 272792626 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 0 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 6 5 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 ANITA BROWN DIRECTOR, THRU 12/19/23 0.50 1.00 X 0 0 0 HEATHER HAGE DIRECTOR 0.50 1.00 X 0 0 0 CHRISTINE CHUNG DIRECTOR, THRU 2/9/24 0.50 1.00 X 0 0 0 DOREEN HARRIS DIRECTOR, THRU 4/19/24 0.50 1.00 X 0 0 0 JOAN MCDONALD DIRECTOR 0.50 1.00 X 0 0 0 KENNETH TOMPKINS DIRECTOR, THRU 10/20/23 0.50 1.00 X 0 0 0 KRISTIN PROUD DIRECTOR 0.50 1.00 X 0 0 0 MENG-LING HSIAO DIRECTOR 0.50 1.00 X 0 0 0 MICHAEL ABBOTT DIRECTOR 0.50 1.00 X 0 0 0 DOUG GROSE CHAIR AS OF 5/1/24/PAST PRES. 0.50 1.00 X 0 234232 0 DAVID ANDERSON PRESIDENT 10.00 10.00 X 413310 0 35779 PATRICIA ARCIERO-CRAIG CAO, ACTING GEN COUNS, THRU 4/18/24 16.00 16.00 X 267440 0 57515 PATRICIA BUCKLIN SECRETARY 20.00 20.00 X 176417 0 18127 PAUL KELLY VP STRATEGY, PSHIPS & NV, & COO 4.00 4.00 X 259630 0 57041 SCOTT BATEMAN TREASURER 0.50 1.00 X 0 0 0 TIMOTHY TAYLOR VP CORPORATE FINANCE & CFO 15.00 10.00 X 215144 0 118716 REBECCA BORDEN ACTING GEN COUNS, AS OF 4/19/24 16.00 16.00 X 36686 0 2119 WILLIAM BRONNER VP OF HUMAN RESOURCES 15.00 10.00 X 162304 0 39361 CHRISTOPHER BORST VP OF TECHNOLOGY & INFRASTRUCTURE 15.00 10.00 X 240887 0 132921 MAURICE RAGHUBAR VP OF IT & CHIEF INFORMATION OFFICER 15.00 10.00 X 153676 0 150 1925494 234232 461729 8 0 1 1 DPS-GILBANE 7 JACKSON WALKWAY PROVIDENCE RI 02903 CONSTRUCTION 4518211 HARRIS BEACH PLLC 677 BROADWAY ALBANY NY 12207 LEGAL 275824 3 372692 372692 62277759 65076510 -2798751 -2798751 -2798751 PAYMENT FROM NY CREATES 900099 48204583 48204583 48204583 45778524 45405832 0 372692 10115909 10115909 10115909 10115909 0 0 2998261 3345950 16763894 18065510 4098907 18734982 2416487 120 1026266899 567778636 453975785 458488263 26802509 30173907 507055843 528808732 3865257 19734020 4612762 4496722 246036487 217265573 15411326 14519791 269925832 256016106 X 236891608 224349640 238403 48442986 237130011 272792626 507055843 528808732 35662615 0 X 0 1 X 1 0 994157514 545745360 448412154 32109385 22033276 10076109 458488263 ASSETS LIMITED AS TO USE 28040868 RENT FIT-UPS 86726 DUE FROM MEMBER 2046313 30173907 CAPITAL LEASE 6081400 LINE OF CREDIT 8438391 14519791 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, 2024 AND 2023. X 0 0 0 DAVID ANDERSON PRESIDENT 413310 0 0 0 0 0 13716 0 22063 0 449089 0 0 0 CHRISTOPHER BORST VP OF TECHNOLOGY & INFRASTRUCTURE 240887 0 0 0 0 0 48394 0 84527 0 373808 0 0 0 TIMOTHY TAYLOR VP CORPORATE FINANCE & CFO 215144 0 0 0 0 0 43222 0 75494 0 333860 0 0 0 PATRICIA ARCIERO-CRAIG CAO, ACTING GEN COUNS, THRU 4/18/24 267440 0 0 0 0 0 22559 0 34956 0 324955 0 0 0 PAUL KELLY VP STRATEGY, PSHIPS & NV, & COO 259630 0 0 0 0 0 31641 0 25400 0 316671 0 0 0 DOUG GROSE CHAIR AS OF 5/1/24/PAST PRES. 0 234232 0 0 0 0 0 0 0 0 0 234232 0 0 WILLIAM BRONNER VP OF HUMAN RESOURCES 162304 0 0 0 0 0 17298 0 22063 0 201665 0 0 0 PATRICIA BUCKLIN SECRETARY 176417 0 0 0 0 0 17646 0 481 0 194544 0 0 0 MAURICE RAGHUBAR VP OF IT & CHIEF INFORMATION OFFICER 153676 0 0 0 0 0 0 0 150 0 153826 0 0 0 PART II - COMPENSATION FROM UNRELATED ORGANIZATIONS COMPENSATION FOR TIMOTHY TAYLOR AND CHRISTOPHER BORST, WAS PAID BY THE STATE UNIVERSITY OF NEW YORK, AN UNRELATED ENTITY. COMPENSATION FOR DOUG GROSE WAS PAID BY NY CREATES AS AN INDEPENDENT CONTRACTOR. DOUG GROSE' COMPENSATION REPORTED WAS FOR CALENDAR YEAR 2023 PRIOR TO HIM BECOMING CHAIRMAN OF THE BOARD IN MAY 2024. 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. THE HOURS LISTED ON PART VII AS BEING DEVOTED TO THE ORGANIZATION AND RELATED ORGANIZATIONS, MAY BE LESS THAN 40 HOURS, AS ONLY A PORTION OF THEIR TIME WAS SPENT WORKING FOR THE REPORTING ORGANIZATION AND ITS RELATED ORGANIZATIONS, AS REPORTED ON SCHEDULE R. FORM 990, PART I, LINE 5 & PART V, LINE 2A COMPENSATION FOR DOUG GROSE WAS PAID BY NY CREATES, A RELATED ENTITY, AS AN INDEPENDENT CONTRACTOR. DOUG GROSE' COMPENSATION REPORTED WAS FOR CALENDAR YEAR 2023 PRIOR TO HIM BECOMING CHAIRMAN OF THE BOARD IN MAY 2024. THE REMAINING ELEVEN 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 271459023 SUPPORTS SUNY POLY MISSION NY 501(C)(3) LINE 10 NY CREATES 0 NY CREATES 257 FULLER ROAD ALBANY NY 12203 844046818 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 1