2025-05-08T11:44:14+00:00 2024-06-30 990 2023-07-01 160743140 Rochester Institute of Technology ROCH 5854752383 Controller 46 Lomb Memorial Dr Rochester NY 146235604 James H Watters Sr VP Finance & Admin 5854752383 2025-05-08 2023 2025-03-06 01:10:19Z David C Munson Jr 7 Lomb Memorial Drive Rochester NY 14623 1742242031 false X www.rit.edu X 1830 NY ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD. 44 40 11980 4656 9815536 0 189886041 222304892 791292123 853734205 53634957 70856710 7309566 9035827 1042122687 1155931634 368558209 403412064 0 433308702 460329753 193817 31201 13448543 195138230 228110607 997198958 1091883625 44923729 64048009 2692370868 2826597872 715497778 695055746 1976873090 2131542126 ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) SHAPES THE FUTURE AND IMPROVES THE WORLD THROUGH CREATIVITY AND INNOVATION. AS AN ENGAGED, INTELLECTUALLY CURIOUS, AND SOCIALLY CONSCIOUS COMMUNITY, RIT LEVERAGES THE POWER OF TECHNOLOGY, THE ARTS, AND DESIGN FOR THE GREATER GOOD. false false 753656063 384955789 734142423 Instruction and Academic Support - Established in 1829, RIT is one of the world's premier universities with an innovative and creative student body from all fifty states and over 100 nations. RIT total enrollment in Fall 2023 was approximately 20,570, which included approximately 17,528 undergraduate and 3,042 graduate students. Approximately 16,948 students are enrolled at RIT's main campus and the remainder at international locations. RIT is comprised of nine colleges and two degree-granting academic units offering 204 graduate and undergraduate programs. NTID (National Technical Institute for the Deaf), one of RIT's colleges, is the world's first and largest technical institute college for deaf students with approximately 1,129 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 18,292 students in the Fall of 2013 to 20,570 students in the Fall of 2023, an increase of 12.5%. 164410083 9102593 113933067 Student and Auxiliary Services - Student services provide students with additional enrichment and educational opportunities. Such services include student health, athletics, and other recreational activities. Auxiliaries provide essential services to students in support of RIT's educational mission. These services include housing operations and dining services. Sales and services of auxiliary enterprises generated total revenue of $104.8 million, an increase of approximately $9 million from the prior year. Surpluses from auxiliary services support the operating budget of the University. 95278782 9353682 5658715 Research and Public Support - RIT engages in public service activities that benefit the general community in which it resides, including training, postsecondary education for the deaf and hard of hearing, and K-12 programs. RIT also conducts research to advance the body of knowledge, enhance student and faculty learning and build its reputation in the scientific and technical communities in support of, or in concert with, the University's exempt mission, while providing positive returns to our sponsoring partners. As articulated in RIT's strategic plan, the University continues to place emphasis on its revenue growth in the research portfolio. 1013344928 true true false true false true true false true true true false false true true false true true true true true false true true false false true true true true true false false false false false true false true true true true false false true true true true false false true X 2682 0 true 11980 true true true true HR false false false true true false false false false true false X 44 40 true false false false false false false true true false false true true true true true true true true false CA MT NY NC ND OK PA VT WV X X MILAGROS CONCEPCION 5854752383 7 Lomb Memorial Drive Rochester NY 146235603 DAVID C MUNSON PRESIDENT 40.0 0.1 X X 1459273 0 105208 JEFFREY K HARRIS TRUSTEE 0.1 X X 0 0 0 SUSAN M PUGLIA TRUSTEE 0.1 X X 0 0 0 SUSAN R HOLLIDAY TRUSTEE 0.1 X X 0 0 0 ANDREW N BRENNEMAN TRUSTEE 0.1 X 0 0 0 ANDREW R JACOBSON TRUSTEE 0.1 X 0 0 0 ARTHUR A GOSNELL TRUSTEE 0.1 0.1 X 0 0 0 AUSTIN W MCCHORD TRUSTEE 0.1 X 0 0 0 BRIAN P O'SHAUGHNESSY TRUSTEE 0.1 X 0 0 0 BRITTA MACINTOSH TRUSTEE 0.1 X 0 0 0 BROOKS H BOWER TRUSTEE 0.1 X 0 0 0 CAROL B CALA TRUSTEE 0.1 X 0 0 0 CHESTER N WATSON TRUSTEE 0.1 X 0 0 0 CHRISTINE B WHITMAN TRUSTEE 0.1 X 0 0 0 CHRISTOPHER LEHFELDT TRUSTEE 0.1 X 0 0 0 CLAYTON P TURNER TRUSTEE 0.1 X 0 0 0 DALE J DAVIS TRUSTEE 0.1 X 0 0 0 DARSHAN N HIRANANDANI TRUSTEE 0.1 0.1 X 0 0 0 DAVID J BURNS TRUSTEE 0.1 0.1 X 0 0 0 DINAH G WEISBERG TRUSTEE 0.1 0.1 X 0 0 0 DONALD J TRUESDALE TRUSTEE 0.1 X 0 0 0 EFRAIN RIVERA TRUSTEE 0.1 X 0 0 0 FRANK S SKLARSKY TRUSTEE 0.1 X 0 0 0 GERARD Q PIERCE TRUSTEE 0.1 X 0 0 0 HYACINTH DRUMMOND TRUSTEE 0.1 X 0 0 0 JAMES P SWIFT TRUSTEE 0.1 X 0 0 0 JEFFREY BENCK TRUSTEE 0.1 X 0 0 0 JONATHAN BUDINGTON TRUSTEE 0.1 X 0 0 0 JORGE M RODRIGUEZ TRUSTEE 0.1 X 0 0 0 KATHY M YU TRUSTEE 0.1 X 0 0 0 KEVIN J SURACE TRUSTEE 0.1 X 0 0 0 KIM E VANGELDER TRUSTEE 0.1 X 0 0 0 MARK G BARBERIO TRUSTEE 0.1 X 0 0 0 NICHOLAS M SCHNEIDER TRUSTEE 0.1 X 0 0 0 Orlando Ortiz TRUSTEE 0.1 X 0 0 0 PAMELA LLOYD-OGOKE TRUSTEE 0.1 X 0 0 0 RICHARD DAVIS TRUSTEE 0.1 X 0 0 0 RICK A KITTLES PHD TRUSTEE 0.1 X 0 0 0 ROBERT W AUGUST TRUSTEE 0.1 0.1 X 0 0 0 RONALD L ZARRELLA TRUSTEE 0.1 X 0 0 0 RONALD S RICOTTA TRUSTEE 0.1 X 0 0 0 ROOSEVELT MERCER JR TRUSTEE 0.1 X 0 0 0 SHARON D NAPIER TRUSTEE 0.1 X 0 0 0 VICTORIA D DECKER TRUSTEE 0.1 X 0 0 0 GERARD BUCKLEY PRESIDENT NTID & VP AND DEAN RIT 40.0 X 384372 0 56580 JAMES H WATTERS SVP FINANCE AND ADMINISTRATION 40.0 0.1 X 661287 0 49970 JOHN K TRIERWEILER VP CHIEF MARKETING OFFICER 40.0 X 325937 0 54695 KATHLEEN DAVIS VP ENROLLMENT MGMT & ASSOC PROVOST 40.0 0.1 X 95517 0 16285 KEITH JENKINS VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION 40.0 X 268371 0 62622 LISA A CHASE VP & SECRETARY OF THE UNIVERSITY 40.0 X 259137 0 48849 PHILLIP D CASTLEBERRY VP UNIVERSITY ADVANCEMENT 40.0 X 426230 0 59296 PRABU DAVID PROVOST & SR VP FOR ACADEMIC AFFAIRS 40.0 0.1 X 227004 0 18390 ROBERT COLON VP & GENERAL COUNSEL 40.0 X 368308 0 56848 RYNE RAFFAELLE VP RESEARCH 40.0 X 376412 0 54130 SANDRA S JOHNSON SVP STUDENT AFFAIRS 40.0 X 375576 0 60285 VANESSA J HERMAN VP FOR GOVT & COMMUNITY RELATIONS 40.0 X 278248 0 46753 DONALD F FIGER PROF AND DIR CENTER FOR DETECTORS 40.0 X 330453 0 44616 DOREEN EDWARDS DEAN COLLEGE OF ENGINEERING 40.0 X 355673 0 52335 ERSIN UZUN KATHERINE JOHNSON ENDOWED EXEC. 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THE CONSERVATION EASEMENT IS VALUED AS PART OF THE LAND AND RECORDED IN ROCHESTER INSTITUTE OF TECHNOLOGY'S FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY'S SPECIAL COLLECTIONS INCLUDE MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES, HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY, AND BOOK ILLUSTRATION. COLLECTIONS ARE AVAILABLE TO STUDENTS, RESEARCHERS, AND THE PUBLIC THROUGH AN ONLINE DATABASE. THE UNIVERSITY CAMPUS IS ALSO HOME TO A COLLECTION OF PUBLIC ART INCLUDING, BUT NOT LIMITED TO, MURALS, PAINTINGS, AND STATUES. Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS, AS DETERMINED BY EITHER DONOR RESTRICTION OR BOARD DESIGNATION, INCLUDE SCHOLARSHIPS, AWARDS, PROFESSORSHIPS, LECTURES, AND OTHER GENERAL SUPPORT OF THE UNIVERSITY'S EDUCATIONAL AND RESEARCH MISSION. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY AND ITS CONSOLIDATED U.S. SUBSIDIARIES, EXCEPT FOR FUND I AND ITS SUBSIDIARY, ARE NOT-FOR-PROFIT ORGANIZATIONS, AND GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) BUT ARE SUBJECT TO FEDERAL AND STATE UNRELATED BUSINESS INCOME TAX ON ACTIVITIES NOT RELATED TO THEIR EXEMPT PURPOSES. FUND I, A LIMITED LIABILITY COMPANY OF WHICH RIT IS THE INVESTOR MEMBER, IS CLASSIFIED AS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION ADDRESSES THE DETERMINATION OF WHETHER CERTAIN TAX POSITIONS RESULT IN BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN AND WHETHER THEY SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. FOR TAX-EXEMPT ENTITIES, TAX POSITIONS INCLUDE THE ENTITY'S TAX-EXEMPT STATUS AND ASSUMPTIONS USED TO DETERMINE UNRELATED BUSINESS TAXABLE INCOME. THE UNIVERSITY BELIEVES ITS TAX POSITIONS MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD REFERENCED IN THE TOPIC. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY IT'S RACIALLY NON-DISCRIMINATORY POLICY WITH RESPECT TO STUDENT SOLICITATION IS PUBLICIZED IN ALL UNIVERSITY APPLICATIONS, REGISTRATIONS AND OTHER CAMPUS-WIDE PUBLICATIONS. IN ADDITION, RIT PUBLICIZES ITS RACIALLY NON-DISCRIMINATORY EMPLOYMENT POLICIES WHEN RECRUITING FOR OPEN POSITIONS. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY IS THE RECIPIENT OF APPROPRIATIONS AND ASSISTANCE FROM THE DEPARTMENT OF EDUCATION TO OPERATE THE NATIONAL TECHNICAL INSTITUTE FOR THE DEAF (NTID), TO SUPPORT THE FEDERAL WORK STUDY AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS, AND AMERICAN RESCUE PLAN ACT (ARPA) FUNDING FOR NTID TO PREVENT, PREPARE FOR, AND RESPOND TO CORONAVIRUS, INCLUDING TO DEFRAY EXPENSES ASSOCIATED WITH CORONAVIRUS AND TO ENABLE GRANTS TO STUDENTS. THE UNIVERSITY ALSO RECEIVES AN APPROPRIATION OF DIRECT INSTITUTIONAL SUPPORT OF "BUNDY AID" FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. Central America and the Caribbean Investments 286577513 Europe (Including Iceland and Greenland) Investments 59753297 North America (Canada & Mexico only) Investments 446104 Middle East and North Africa Investments 250000 0 0 0 0 0 0 347026914 0 347026914 North America (Canada & Mexico only) Provide clinical and imaging expertise complementary to computational biomedicine expertise at RIT. 24487 Check 0 1 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual X X X X X X X true RUFFALO NOEL LEVITZ LLC 5249 NORTH PARK PLACE NE 1061 CEDAR RAPIDS IA 524048629 ADVISORS TO THE UNIVERSITY ON SECURING PLEDGES AND DONATIONS false 0 31201 -31201 0 31201 -31201 CO CT FL AL HI LA AK MA MI MN NV NH NY SC UT VA AR WA TIGER OPEN 33720 6620 27100 1454 21676 943 14357 0 0 33720 6620 27100 1454 21676 943 14357 38430 -11330 Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. RUFFALO NOEL LEVITZ, LLC-RUFFALO NOEL LEVITZ, LLC WILL NOT HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS AT ANY TIME. ROCHESTER INSTITUTE OF TECHNOLOGY (RIT) EXERCISES CONTROL AND APPROVAL OVER CONTENT, VOLUME, AND FREQUENCY OF ALL SOLICITATIONS. RIT SECURES PLEDGES AND DONATIONS TO SUPPORT OPERATIONAL ACTIVITIES. THE SPECIFIC APPLICATION OF THE FUND WILL BE AT THE DISCRETION OF RIT.; true AACSB INTERNATIONAL-THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINE SS 777 S Harbor Island Blvd Tampa FL 336025730 436036286 501C3 19900 Sponsorship/Event Sponsorship ALABAMA INSTITUTE FOR DEAF AND BLIND FOUNDATION INC PO Box 698 Talladega FL 351610698 630797728 501C3 9134 Sponsorship ALABAMA SPACE SCIENCE EXHIBIT COMMISSION 1 Tranquility Base Huntsville AL 35805 630585103 State of AL 56913 Sponsorship ALEXANDER GRAHAM BELL ASSOCIATION FOR THE DEAF AND HARD OF HEARING 3417 Volta Place NW Washington DC 200072737 530196644 501C3 11500 Event Sponsorship ASSOCIATION OF COLLEGE EDUCATORS OF THE DEAF AND HARD OF HEARING C/O JENNIFR CATALANO 56 FOXCROSS AV SAINT AUGUSTINE FL 32092 204643984 10000 Event Sponsorship California Educators of the Deaf 2690 Rustic Lane Lincoln CA 95648 330134610 501C3 30000 Event Sponsorship CONFERENCE OF EDUCATIONAL ADMINISTRATORS 800 Florida Ave NE Washington DC 20002 520845428 501C3 10000 Event Sponsorship DISTRIBUTIVE EDUCATION CLUBS OF AMER INC 1908 Association Dr Reston VA 20191 530215806 501C3 12100 Sponsorship GREATER ROCHESTER ENTERPRISE FOUNDATION INC 100 Chestnut St Ste 1910 Rochester NY 14604 100000080 501C3 27500 General Support HANDS & VOICES INC PO Box 3093 Boulder CO 80307 201549740 501c3 6500 Sponsorship/Event Sponsorship HENRIETTA FIRE DISTRICT 850 Bailey Rd W Henrietta NY 14586 160974231 State of NY 45000 General Support Idaho Educational Services for the Deaf & Blind Foundation Inc 1450 Main Street Gooding ID 83330 820464126 State of ID 27010 General Support JUNIOR ACHIEVEMENT OF CENTRAL UPSTATE NEW YORK 200 West Ridge Road Rochester NY 14615 160956147 501C3 5500 Sponsorship NATIONAL ASSOCIATION OF THE DEAF 8630 Fenton Street 820 Silver Spring MD 20910 941358295 501C3 12050 Event Sponsorship NEW YORK SCHOOL FOR THE DEAF 555 Knollwood Road White Plains NY 10603 131740477 501C3 9914 Sponsorship New York Battery and Energy Storage Technology Consortium INC 230 Washington Avenue Ext Albany NY 12203 272619304 501C6 6475 Event Sponsorship ORANGE COUNTY SUPERINTENDENT OF SCHOOLS 200 Kalmus Drive Costa Mesa CA 92628 956000943 State of CA 14091 Sponsorship PENNSYLVANIA SCHOOL FOR THE DEAF 100 W School House Lane Philadelphia PA 19144 231581227 501C3 6241 Sponsorship/Event Sponsorship ROCHESTER FRINGE FESTIVAL INC PO BOX 10508 Rochester NY 14610 452840652 501C3 25000 Sponsorship SOUTHEAST REGIONAL INSTITUTE OF DEAFNESS 5266 DURAND HWY Warm Springs GA 31830 010554310 501C3 10000 Event Sponsorship SIGNLIGHT INC PO Box 6216 Westlake Village CA 91359 954466127 501C3 10000 Event Sponsorship STATE OF INDIANA 1200 E 42nd Street Indianapolis IN 46205 356000158 State of IN 5906 Sponsorship STATE OF OKLAHOMA 1100 E Oklahoma Sulphur OK 73086 736017987 State of OK 16861 Sponsorship THE LEARNING CENTER FOR THE DEAF INC 848 Central Street Framingham MA 01701 237064431 501C3 9608 Sponsorship WASHINGTON CENTER FOR DEAF AND HARD OF HEARING YOUTH 611 Grand Blvd Vancouver WA 98661 916001059 State of WA 11341 Sponsorship WOMEN IN CYBERSECURITY (WICYS) 370 S Lowe Ave Cookeville TN 38501 822750482 501C3 5670 Event Sponsorship 17 9 SCHOLARSHIP 15750 380084357 GRADUATE RESEARCH ASSISTANCE 515 10036483 FELLOWSHIPS 49 523258 STUDENT LEADERS AND ENTREPRENEURS 439 702282 Schedule I, Part III NUMBER OF RECIPIENTS THE UNIVERSITY ESTIMATES THE NUMBER OF RECIPIENTS FROM RECORDS MAINTAINED IN OUR FINANCIAL AID (SCHOLARSHIPS) AND ACCOUNTS PAYABLE SYSTEM (GRADUATE RESEARCH ASSISTANCE STIPENDS, FELLOWSHIPS AND STUDENT LEADERS AND ENTREPRENEURS) WHICH HAVE BEEN CLASSIFIED BY THE TYPE OF ASSISTANCE. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIPS, FELLOWSHIPS, AND OTHER STUDENT RELATED FINANCIAL AID MUST BE USED FOR EDUCATIONAL PURPOSES. SCHOLARSHIPS AND GRANTS ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS THROUGH AN AUTOMATED SYSTEM AUTHORIZED BY THE UNIVERSITY'S OFFICE OF FINANCIAL AID AND SCHOLARSHIPS. X X X X false true X X X X X X false false false true false false false false false DAVID C MUNSON PRESIDENT 963470 0 57852 0 437951 0 29700 0 75508 0 1564481 0 0 0 ELLEN M GRANBERG PROVOST AND SVP ACADEMIC AFFAIRS 284506 0 0 0 701 0 25940 0 11018 0 322165 0 0 0 KAREN A BARROWS CHIEF OF STAFF 152164 0 0 0 7433 0 15317 0 8558 0 183472 0 0 0 COLLEEN F PETERSON ASSOCIATE VP ENROLLMENT MANAGEMENT 220906 0 0 0 1236 0 23167 0 26890 0 272199 0 0 0 CHRISTINE M LICATA VICE PROVOST FOR ACADEMIC AFFAIRS 255125 0 0 0 16405 0 26140 0 12335 0 310005 0 0 0 DANIEL ORNT PROFESSOR 205308 0 0 0 9233 0 19314 0 23130 0 256985 0 0 0 JAMES H WATTERS SVP FINANCE AND ADMINISTRATION 614385 0 26000 0 20902 0 33000 0 16970 0 711257 0 0 0 RYNE RAFFAELLE VP RESEARCH 372409 0 0 0 4003 0 33000 0 21130 0 430542 0 0 0 SANDRA S JOHNSON SVP STUDENT AFFAIRS 365222 0 4626 0 5728 0 29700 0 30585 0 435861 0 0 0 KEITH JENKINS VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION 262955 0 0 0 5416 0 27270 0 35352 0 330993 0 0 0 GERARD BUCKLEY PRESIDENT NTID & VP AND DEAN RIT 377115 0 0 0 7257 0 33000 0 23580 0 440952 0 0 0 JOHN K TRIERWEILER VP CHIEF MARKETING OFFICER 312997 0 0 0 12940 0 29006 0 25689 0 380632 0 0 0 LISA A CHASE VP & SECRETARY OF THE UNIVERSITY 257264 0 0 0 1873 0 26536 0 22313 0 307986 0 0 0 PHILLIP D CASTLEBERRY VP UNIVERSITY ADVANCEMENT 420748 0 0 0 5482 0 29700 0 29596 0 485526 0 0 0 ROBERT COLON VP & GENERAL COUNSEL 365587 0 0 0 2721 0 33000 0 23848 0 425156 0 0 0 VANESSA J HERMAN VP FOR GOVT & COMMUNITY RELATIONS 277849 0 0 0 399 0 25479 0 21274 0 325001 0 0 0 PRABU DAVID PROVOST & SR VP FOR ACADEMIC AFFAIRS 217492 0 0 0 9512 0 10719 0 7671 0 245394 0 0 0 NABIL Z NASR ASSOC PROVOST DIR GOLISANO INST OF SUSTAINABILITY 500199 0 0 0 151199 0 33000 0 25803 0 710201 0 0 0 JACQUELINE MOZRALL DEAN SAUNDERS COLLEGE OF BUSINESS 392526 0 0 0 42383 0 33000 0 66071 0 533980 0 0 0 DONALD F FIGER PROF AND DIR CENTER FOR DETECTORS 304632 0 0 0 25821 0 23251 0 21365 0 375069 0 0 0 DOREEN EDWARDS DEAN COLLEGE OF ENGINEERING 354985 0 0 0 688 0 29700 0 22635 0 408008 0 0 0 ERSIN UZUN KATHERINE JOHNSON ENDOWED EXEC. DIR. GLOBAL CYBERSECURITY INSTITUTE 372175 0 0 0 34141 0 23401 0 2332 0 432049 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel The President, officers, and select highly compensated individuals are required to travel extensively for RIT matters. Due to the amount of travel and the need to coordinate trips with the many other commitments for their positions, the University pays for business class air travel (or its equivalent) for international travel and business/first class travel (or its equivalent) for domestic travel over three hours when these select individuals travel for University business. Schedule J, Part I, Line 1a Travel for companions WHEN BUSINESS CIRCUMSTANCES WARRANT, THE UNIVERSITY MAY PAY FOR TRAVEL FOR COMPANIONS OF THE OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES WHEN THEIR GUEST IS A FAMILY MEMBER, WHETHER OR NOT FOR BONA FIDE BUSINESS PURPOSES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2. Schedule J, Part I, Line 1a Housing allowance or residence for personal use DUE TO THE NUMBER OF UNIVERSITY-RELATED ACTIVITIES THAT THE PRESIDENT IS REQUIRED TO HOST, HE IS REQUIRED TO LIVE IN A HOME OWNED AND MAINTAINED BY THE UNIVERSITY. THIS BENEFIT IS NOT DEEMED TO BE TAXABLE COMPENSATION. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR SELECT OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2. Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses EACH OF THE BENEFITS INDICATED IS AVAILABLE TO THE PRESIDENT; CERTAIN OF THESE BENEFITS ARE AVAILABLE TO SELECT OFFICERS AND HIGHLY COMPENSATED EMPLOYEES. AMOUNTS CONSIDERED TAXABLE ARE REPORTED COMPENSATION INCLUDED ON THE EMPLOYEES' FORM W-2. SINCE THESE BENEFITS ARE LIMITED TO VERY FEW INDIVIDUALS, A WRITTEN POLICY IS NOT CONSIDERED NECESSARY; HOWEVER, THE UNIVERSITY HAS SPECIFIC WRITTEN POLICIES PERTAINING TO TRAVEL EXPENDITURES AND PAYMENTS/REIMBURSEMENTS. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization A PORTION OF AN INDIVIDUAL'S COMPENSATION REPORTED IN SCHEDULE J IS BASED ON PRE-DETERMINED ANNUAL PERFORMANCE METRICS, WITH GROSS REVENUES AS ONE OF THE COMPONENTS. Schedule J, Part I, Line 3 METHODS USED TO ESTABLISH COMPENSATION THE UNIVERSITY UTILIZES EACH OF THE METHODS LISTED IN SCHEDULE J, PART I, LINE 3 ON AN ANNUAL BASIS WITH THE EXCEPTION OF REVIEWING FORM 990 OF OTHER ORGANIZATIONS EVERY OTHER YEAR. IN THE YEAR THAT 990 OF OTHER ORGANIZATIONS ARE NOT REVIEWED BY THE UNIVERSITY, A BROADER COMPENSATION SURVEY OR STUDY IS CONDUCTED. A DASNY RIT Series 2019A 146000293 64990GTN2 2019-10-08 143479011 THE SHED & MUSICAL PERFORMANCE THEATER CONSTRUCTION; FACILITY RENOVATIONS & EXPANSION; REFINANCING false false false B DASNY RIT Series 2020A 146000293 64990GUV2 2020-04-03 57366744 REFUNDING A PORTION OF SERIES 2010 BONDS false false false C DASNY RIT SERIES 2022A 146000293 65000BWK0 2022-12-13 120985145 RESEARCH BUILDING & ATHLETIC STADIUM CONSTRUCTION; RESIDENCE HALLS RENOVATION; CAMPUS IMPROVEMENTS false false false A 0 0 148168030 0 0 0 647850 0 0 119804002 22669875 5046303 false false false true B 9670000 0 57371208 0 0 0 341939 0 0 0 57029269 0 true false true true C 0 0 128607690 0 0 0 864747 0 0 22368680 125000 105249263 false false false true A false true true false true false 0.0005 0.0 0.0005 false false true B false true true false true false 0.0001 0.0 0.0001 false false true C false true true false true false 0.0005 0.0 0.0005 false false true A false true false false false false false true true B false true false false false false false false true C false true false false false false false false true A true B true C true Schedule K, Part II, Line 3 LINES 3A, 3B, 3C RESPECTIVELY TOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF: 2019A: $4,689,019; 2020A: $4,464 AND 2022A: $7,622,545 RESPECTIVELY. Schedule K, Part II, Line 11 LINE 11A, SERIES 2019A OTHER SPENT PROCEEDS INCLUDES $47,311 FOR ISSUER/DASNY FEES AND $22,622,564 FOR REFINANCING OF TAXABLE BANK LOAN. Schedule K, Part II, Line 11 LINE 11B, SERIES 2020A OTHER SPENT PROCEEDS INCLUDES $57,029,269 TO LEGALLY DEFEASE A PORTION OF SERIES 2010 BONDS WITH A REDEMPTION DATE OF JULY 1, 2020. Schedule K, Part II, Line 7 LINE 7C, SERIES 2019A ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $647,120 WERE ADJUSTED FOR $1,082 OF UNUSED PROCEEDS, NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $730. Schedule K, Part II, Line 7 LINE 7D, SERIES 2020A ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $337,475, WERE ADJUSTED FOR $9,761 OF UNUSED PROCEEDS NET OF INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $4,464. Schedule K, Part II, Line 11 LINE 11C, SERIES 2022A OTHER SPENT PROCEEDS INCLUDES $125,000 FOR ISSUER/DASNY FEES. Schedule K, Part II, Line 7 LINE 7E, SERIES 2022A ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $860,145, WERE ADJUSTED FOR NET INVESTMENT EARNINGS FOR A TOTAL ADJUSTMENT OF $4,603. 56136 TUITION WAIVER GENERAL SUPPORT REDCOM LABORATORIES INC TRUSTEE, DINAH G WEISBERG, CEO OF REDCOM LABORATORIES, INC, WITH OWNERSHIP > 35% OF THE COMPANY 110332 REDCOM LABORATORIES, INC REPAIRED AND CALIBRATED SCIENTIFIC EQUIPMENT FOR RIT. THE CONTRACT WAS AWARDED FOLLOWING THE UNIVERSITY'S COMPETITIVE BIDDING PROCESS CONSISTENT WITH THE PROCUREMENT POLICY REQUIREMENTS. false DEVON WATTERS FAMILY MEMBER OF OFFICER 58783 PAYMENT OF COMPENSATION false ODESSA DESPOT FAMILY MEMBER OF OFFICER 22329 PAYMENT OF COMPENSATION false MCLEAN BULMER FAMILY MEMBER OF TRUSTEE 84531 PAYMENT OF COMPENSATION false THE PIKE COMPANY EMERITUS TRUSTEE, THOMAS JUDSON, CHAIRMAN OF PIKE CO. WITH HIS FAMILY OWN > 35% OF THE COMPANY 1035858 PIKE PROVIDED CONSTRUCTION SERVICES TO RIT. THE CONTRACTS AWARDED FOLLOWED THE UNIVERSITY'S COMPETITIVE BIDDING PROCESS CONSISTENT WITH THE PROCUREMENT POLICY REQUIREMENTS. false THERESE HANNIGAN FAMILY MEMBER OF OFFICER 191283 PAYMENT OF COMPENSATION false LARRY BUCKLEY FAMILY MEMBER OF OFFICER 218369 PAYMENT OF COMPENSATION false Denishea Ortiz FAMILY MEMBER OF TRUSTEE 107212 PAYMENT OF COMPENSATION false X 135 1839107 Market value X 7 1240246 Market value X Equipment 9 731947 Market value X Consumables 6 119406 Market value 5 false true true Schedule M, Part I LINES 1-28, COLUMN B THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THE UNIVERSITY WILL, ON OCCASION CONTRACT WITH A THIRD PARTY FOR THE PURPOSE OF DISPOSING OF CONTRIBUTED ASSETS THAT IT DOES NOT HAVE FURTHER USE FOR AND WHICH ARE OF A SPECIALIZED NATURE. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Other - Equipment Number of contributions Other - Consumables Number of contributions Collectibles - Number of Contributions Form 990, Part VI, Line 2 Family/business relationships amongst interested persons COMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (BOARD MEMBER) AND CHRISTINE B WHITMAN (EXECUTIVE CHAIRMAN) - Business relationship, FINANCIAL INSTITUTIONS INC (AKA FIVE STAR BANK): SUSAN HOLLIDAY (BOARD CHAIR) AND KIM VANGELDER (DIRECTOR) - Business relationship, TOKENIZE: KEVIN SURACE (BOARD CHAIR) AND CHRISTINE WHITMAN (BOARD MEMBER) - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 WAS PROVIDED TO THE MEMBERS OF THE RISK AND AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED COMMITTEE MEETING. PRIOR TO FILING THE RETURN, IT WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A SECURED WEBSITE. Form 990, Part VI, Line 12c Conflict of interest policy THE UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. ALL TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. ADDITIONALLY, ON AN ANNUAL BASIS, THE SECRETARY OF THE UNIVERSITY DISTRIBUTES A CONFLICT OF INTEREST DISCLOSURE FORM TO ALL TRUSTEES AND OFFICERS, SOLICITING DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICTS. UPON RECEIPT OF INFORMATION CONCERNING A CONTRACT OR TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST, THE SECRETARY OF THE UNIVERSITY WILL ARRANGE FOR THE CONFLICT OF INTEREST COMMITTEE, A SUBCOMMITTEE OF THE RISK AND AUDIT COMMITTEE, TO CONSIDER THE MATERIAL FACTS CONCERNING THE FAIRNESS AND BUSINESS CASE OF THE PROPOSED CONTRACT OR TRANSACTION. THE COMMITTEE SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE NOR DISCHARGE THEIR DUTIES WITH RESPECT TO ANY MATTER CONCERNING A CONFLICT. THE COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE, INCLUDING THE BASIS FOR DETERMINING THAT THE CONSIDERATION TO BE PAID IS FAIR TO THE UNIVERSITY. THE INDIVIDUAL CONFLICT OF INTEREST AND COMMITMENT (ICIC) POLICY REQUIRES ALL REGULAR RIT FACULTY AND STAFF TO DISCLOSE POTENTIAL, REAL, OR PERCEIVED CONFLICTS OF INTEREST OR COMMITMENT ANNUALLY TO THEIR IMMEDIATE SUPERVISOR. ADDITIONALLY, THE ICIC POLICY REQUIRES THAT EMPLOYEES SUBMIT AN ANNUAL DISCLOSURE AND/OR A DISCLOSURE WHEN CIRCUMSTANCES CHANGE THAT MAY CREATE A POTENTIAL, REAL, OR PERCEIVED CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMPENSATION COMMITTEE SHALL DECIDE UPON MATTERS OF EXECUTIVE SALARY AND BENEFITS, AND ANNUALLY SHALL REVIEW THE COMPENSATION OF THE OFFICERS OF THE UNIVERSITY, MAKING A RECOMMENDATION CONCERNING THE SAME TO THE EXECUTIVE COMMITTEE FOR ITS FINAL APPROVAL. THE PRESIDENT ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE OFFICERS OF THE UNIVERSITY OTHER THAN THE PRESIDENT, AND A PROPOSAL FOR THEIR COMPENSATION. THE CHAIR OF THE BOARD OF TRUSTEES ANNUALLY WILL MEET WITH THE EXECUTIVE COMPENSATION COMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION COMMITTEE UTILIZES VARIOUS TOOLS TO REVIEW THE COMPENSATION FOR THE OFFICERS: INDEPENDENT CONSULTANT AND COMPENSATION SURVEY BASED ON A SALARY ANALYSIS OF COMPARABLE POSITIONS IN LIKE CIRCUMSTANCES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE PROPOSED SALARIES OF THE FOLLOWING POSITIONS: PRESIDENT; PROVOST AND SVP ACADEMIC AFFAIRS; SVP FINANCE AND ADMINISTRATION; VP ENROLLMENT MANAGEMENT; VP RESEARCH; VP UNIVERSITY ADVANCEMENT; SVP STUDENT AFFAIRS; PRESIDENT NTID & VP AND DEAN RIT; VP GOVT AND COMMUNITY RELATIONS; VP CHIEF MARKETING OFFICER; VP & GENERAL COUNSEL; VP & SECRETARY OF THE INSTITUTE; AND VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION. THE EXECUTIVE COMPENSATION COMMITTEE SHALL SET FORTH THE BASIS FOR ITS DECISIONS WITH RESPECT TO COMPENSATION IN THE MINUTES OF THE MEETING AT WHICH THE DECISIONS ARE MADE, INCLUDING THE PRIMARY CONCLUSIONS OF THE EVALUATION AND THE BASIS FOR DETERMINING THAT THE INDIVIDUAL'S COMPENSATION WAS REASONABLE IN LIGHT OF THE EVALUATION AND COMPARABILITY DATA. THE EXECUTIVE COMPENSATION COMMITTEE REPORTS ANNUALLY TO THE EXECUTIVE COMMITTEE CONCERNING THE EVALUATION OF OFFICERS AND A PROPOSAL FOR THE ESTABLISHMENT OF THEIR COMPENSATION. Form 990, Part VI, Line 19 Required documents available to the public THE FOLLOWING DOCUMENTS ARE AVAILABLE AT THE UNIVERSITY'S WEBSITE AT WWW.RIT.EDU: 1) LIST OF MEMBERS OF THE BOARD OF TRUSTEES; 2) CONSOLIDATED AUDITED FINANCIAL STATEMENTS; AND 3) UNIVERSITY POLICY AND PROCEDURES INFORMATION AND RESOURCES. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VII, Section A LINE 17 CHRISTINE M LICATA (FORMER OFFICER) - FORMER INTERIM PROVOST UNTIL AUGUST 2023, CURRENTLY VICE PROVOST FOR ACADEMIC AFFAIRS. Form 990, Part VII, Section A LINE 22 KAREN A BARROWS (FORMER OFFICER) - FORMER SECRETARY OF THE INSTITUTE UNTIL MARCH 2020, CURRENTLY CHIEF OF STAFF. Form 990, Part VII, Section A Line 20 DANIEL ORNT (FORMER OFFICER) - FORMER VP AND DEAN INSTITUTE OF HEALTH SCIENCES AND TECHNOLOGY UNTIL JUNE 2020, RESIGNED POSITION OF PROFESSOR MARCH 2024. Form 990, Part VII, Section A LINE 19 COLLEEN F PETERSON (FORMER OFFICER) - FORMER INTERIM VP ENROLLMENT MANAGEMENT UNTIL SEPTEMBER 2023, CURRENTLY ASSOCIATE VP ENROLLMENT MANAGEMENT. Form 990, Part VII, Section A LINE 16 ELLEN M GRANBERG (FORMER OFFICER) - FORMER PROVOST AND SVP OF ACADEMIC AFFAIRS, RESIGNED POSITION JUNE 2023. Form 990, Part VIII, Line 2f Other Program Service Revenue All other Program Services Revenue - Total Revenue: 10532882, Related or Exempt Function Revenue: 9811659, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 721223; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other - Total Revenue: 3255364, Related or Exempt Function Revenue: 2544654, Unrelated Business Revenue: 648563, Revenue Excluded from Tax Under Sections 512, 513, or 514: 62147; Schedule I, Part II, Line 1(c) 5 ASSOCIATION OF COLLEGE EDUCATORS DEAF AND HARD-OF-HEARING INC: EXEMPT STATUS WAS REVOKED 5257 W HENRIETTA ROAD LLC 5257 W HENRIETTA RD HENRIETTA NY 14586 161609483 OWN REAL PROPERTY NY 6287189 22837207 ROCHESTER INSTITUTE OF TECHNOLOGY RIT VENTURE FUND I LLC 5 LOMB MEMORIAL DRIVE ROCHESTER NY 14623 455183880 INVESTMENTS DE 978 198818 ROCHESTER INSTITUTE OF TECHNOLOGY RIT VF ARC HOLDINGS LLC 7 LOMB MEMORIAL DRIVE ROCHESTER NY 14623 455183880 INVESTMENTS NY 0 0 RIT Venture Fund I LLC RIT GLOBAL DELIVERY CORPORATION CONTROLLER 46 LOMB MEMORIAL DR ROCHESTER NY 146235604 201151703 EDUCATIONAL PURPOSES NY 501(c)(3) 11 ROCHESTER INSTITUTE OF TECHNOLOGY false RIT CAMPUS CLUB INC CONTROLLER 46 LOMB MEMORIAL DR ROCHESTER NY 146235604 161201526 SUPPORT RIT NY 501(c)(3) 11 ROCHESTER INSTITUTE OF TECHNOLOGY false true false false false false false false false false false false true false false false false false true true RIT CAMPUS CLUB INC A 576564 FMV RIT CAMPUS CLUB INC L 1638720 FMV RIT CAMPUS CLUB INC S 1264724 FMV RIT GLOBAL DELIVERY CORPORATION R 736788 FMV Schedule R, Part I, Column (a) RIT VF ARC HOLDINGS LLC RIT VF ARC HOLDINGS LLC, A DISREGARDED ENTITY OF RIT VENTURE FUND I LLC