FORT SCHUYLER MANAGEMENT CORPORATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- FORT SCHUYLER MANAGEMENT CORPORATION (EIN 27-1459023)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202201339349305775
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T14:01:57-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 BROADWAY 4TH FLOOR | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 122072974 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271459023 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORT SCHUYLER MANAGEMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FORT | BusinessNameControlTxt |
| Phone | 5189567322 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 257 FULLER ROAD | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12203 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT BATEMAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 5189567322 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SCOTT | PersonFirstNm |
| Person Last | BATEMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARILYN E FARLEY | PreparerPersonNm |
| PTIN | P01231880 | PTIN |
| Phone | 5184274600 | PhoneNum |
| Preparation | 2022-05-11 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID ANDERSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 257 FULLER ROAD | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $31,445,815 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | FTSMC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | FORT SCHUYLER MANAGEMENT CORPORATION WAS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, ECONOMIC DEVELOPMENT, AND CHARITABLE PURPOSES. IT ACHIEVES THIS OBJECTIVE BY FACILITATING RESEARCH AND ECONOMIC DEVELOPMENT ACTIVITIES RELATED TO THE RESEARCH AND EDUCATION MISSION OF SUNY BY PURCHASING, CONSTRUCTING, DEVELOPING AND MANAGING FACILITIES AND PROMOTING RESEARCH THEREIN WHICH SUPPORT THE ECONOMIC DEVELOPMENT, RESEARCH ACTIVITIES AND THE MISSION OF THE SUNY POLYTECHNIC INSTITUTE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $67,605 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $36,772,096 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,205,740 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $200,619 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$10,523,689 | PYOtherRevenueAmt |
| CY Other Revenue | -$7,163,520 | CYOtherRevenueAmt |
| PY Total Revenue | $26,449,026 | PYTotalRevenueAmt |
| CY Total Revenue | $14,042,220 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,707,217 | PYOtherExpensesAmt |
| CY Other Expenses | $12,028,633 | CYOtherExpensesAmt |
| PY Total Expenses | $25,707,217 | PYTotalExpensesAmt |
| CY Total Expenses | $12,028,633 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $741,809 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,013,587 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $127,252,972 | TotalAssetsBOYAmt |
| Total Assets EOY | $120,882,631 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $105,499,213 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $96,877,552 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $21,753,759 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $24,005,079 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FORT SCHUYLER MANAGEMENT CORPORATION WAS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, ECONOMIC DEVELOPMENT, AND CHARITABLE PURPOSES. IT ACHIEVES THIS OBJECTIVE BY FACILITATING RESEARCH AND ECONOMIC DEVELOPMENT ACTIVITIES RELATED TO THE RESEARCH AND EDUCATION MISSION OF SUNY BY PURCHASING, CONSTRUCTING, DEVELOPING AND MANAGING FACILITIES AND PROMOTING RESEARCH THEREIN WHICH SUPPORT THE ECONOMIC DEVELOPMENT, RESEARCH ACTIVITIES AND THE MISSION OF THE SUNY POLYTECHNIC INSTITUTE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,956,492 | ExpenseAmt |
| Revenue | -$7,231,125 | RevenueAmt |
| Desc | PROGRAM COSTS ARE INCURRED AS PART OF THE OVERALL MISSION OF THE CORPORATION AS A STATE UNIVERSITY OF NEW YORK AFFILIATE, ADVANCING THE ECONOMIC DEVELOPMENT AND EDUCATION AND WORKFORCE TRAINING OF THE STATE OF NEW YORK. | Desc |
| Total Program Service Expenses | $10,956,492 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT BATEMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5184378689 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 257 FULLER ROAD | AddressLine1Txt |
| City | ALBANY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 12203 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BAHGAT SAMMAKIA | ||||||||
| CHAIRMAN THROUGH 6/29/2021 | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| BRAD JOHNSON | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINE CHUNG | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DOREEN HARRIS | ||||||||
| DIRECTOR AS OF 10/29/2020 | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| FRANKLIN HECHT | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| JOAN MCDONALD | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| KENNETH TOMPKINS | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN PROUD | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MENG-LING HSIAO | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL ABBOTT | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL FRAME | ||||||||
| DIRECTOR | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS GROSE | ||||||||
| PRESIDENT/CHAIRMAN AS OF 6/30/2021 | 9.00 | 11.00 | Yes (X) | $262,769 | $0 | $21,940 | Yes (X) | |
| JAMIE COTE | ||||||||
| COMPLIANCE OFFICER AS OF 12/21/2020 | 19.00 | 21.00 | $0 | $0 | $0 | Yes (X) | ||
| PATRICIA ARCIERO-CRAIG | ||||||||
| CAO, ACTING GENERAL COUNSEL | 15.00 | 17.00 | $243,861 | $0 | $47,587 | Yes (X) | ||
| PATRICIA BUCKLIN | ||||||||
| SECRETARY | 19.00 | 21.00 | $158,914 | $0 | $14,193 | Yes (X) | ||
| PAUL KELLY | ||||||||
| COO | 3.00 | 5.00 | $176,958 | $0 | $65,977 | Yes (X) | ||
| SCOTT BATEMAN | ||||||||
| TREASURER | 0.50 | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| TIMOTHY TAYLOR | ||||||||
| CFO | 9.00 | 16.00 | $197,638 | $0 | $100,160 | Yes (X) | ||
| DEBORAH REICHLER | ||||||||
| DIRECTOR OF FINANCE | 19.00 | 21.00 | $130,498 | $0 | $48,692 | Yes (X) | ||
| THOMAS ALFIERI | ||||||||
| ASSOCIATE VICE PRESIDENT | 40.00 | 0.00 | $197,941 | $0 | $33,514 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,368,579 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $332,063 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SEAVEST CORE BUFFALO CONVENTUS LLC | |||||
| 50 FOUNDATION PLAZA C/O CIMINELLI R | BUFFALO | NY | 14202 | RENT | $1,492,517 |
| HINMAN STRAUB PC | |||||
| STATE STREET | ALBANY | NY | 12207 | LEGAL | $344,295 |
| KPMG LLP | |||||
| DEPT 0511 PO BOX 120511 | DALLAS | TX | 75312 | ACCOUNTING/TAX | $118,250 |
| KEY SUCCESS LLC | |||||
| 50 FOUNTAIN PLAZA C/O CIMINELLI RE | BUFFALO | NY | 14202 | RENTAL OPER EXP | $116,472 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $10,205,740 | GovernmentGrantsAmt |
| All Other Contributions | $11,000,000 | AllOtherContributionsAmt |
| Total Contributions | $21,205,740 | TotalContributionsAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,100,630 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,403,595 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$10,302,965 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,302,965 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$10,302,965 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| PAYMENT FROM NY CREATES | 900099 | $1,550,000 | $1,550,000 | |
| REIMBURSEMENT - INSURANCE PROCEED | 900099 | $1,521,840 | $1,521,840 | |
| INCOME FROM PARTNERSHIP | 525990 | $67,605 | $67,605 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,139,445 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,042,220 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$7,231,125 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $67,605 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,694 | TotalAmt |
| Program Services | $107,591 | ProgramServicesAmt |
| Management And General | $153,103 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,735 | TotalAmt |
| Management And General | $100,735 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $668,271 | TotalAmt |
| Program Services | $191,548 | ProgramServicesAmt |
| Management And General | $476,723 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,024 | TotalAmt |
| Management And General | $7,024 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,089 | TotalAmt |
| Management And General | $2,089 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78 | TotalAmt |
| Program Services | $78 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,028 | TotalAmt |
| Program Services | $863 | ProgramServicesAmt |
| Management And General | $1,165 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $781,974 | TotalAmt |
| Program Services | $450,672 | ProgramServicesAmt |
| Management And General | $331,302 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| ECONOMIC DEVELOP. COSTS | $9,881,818 | $9,881,818 |
| TRANSFER TO RF SUNY | $323,922 | $323,922 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,028,633 | TotalAmt |
| Program Services | $10,956,492 | ProgramServicesAmt |
| Management And General | $1,072,141 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,042,009 | BOYAmt |
| EOY | $1,106,604 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,075,238 | BOYAmt |
| EOY | $3,583,506 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,915 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $71,087,889 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,020,403 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,346,533 | BOYAmt |
| EOY | $29,067,486 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,644,277 | BOYAmt |
| EOY | $87,125,035 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,252,972 | BOYAmt |
| EOY | $120,882,631 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,071,766 | BOYAmt |
| EOY | $5,174,971 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,014,153 | BOYAmt |
| EOY | $53,976,846 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,918,465 | BOYAmt |
| EOY | $17,932,593 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $494,829 | BOYAmt |
| EOY | $19,793,142 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,499,213 | BOYAmt |
| EOY | $96,877,552 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,753,759 | BOYAmt |
| EOY | $24,005,079 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,753,759 | BOYAmt |
| EOY | $24,005,079 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,252,972 | BOYAmt |
| EOY | $120,882,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,013,587 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $237,733 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $444,591,090 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $52,774,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $94,343,741 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,772,096 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,205,740 | CurrentTaxYearAmt |
| Total | $649,686,815 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,268,678 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,368,605 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,846,155 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,004,679 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,100,630 | CurrentTaxYearAmt |
| Total | $27,588,747 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $447,859,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $58,142,753 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,189,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,776,775 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,306,370 | CurrentTaxYearAmt |
| Total | $677,275,562 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $677,275,562 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,527 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $944 | CurrentTaxYearMinus3YearsAmt |
| Total | $27,471 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,527 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $944 | CurrentTaxYearMinus3YearsAmt |
| Total | $27,471 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,958,585 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $523,930 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $317,630 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $3,071,840 | CurrentTaxYearAmt |
| Total | $5,871,985 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $449,844,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $58,667,627 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $100,507,526 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,776,775 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,378,210 | CurrentTaxYearAmt |
| Total | $683,175,018 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99140 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99780 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER - 2016 AMOUNT: $ 1,958,585. 2017 AMOUNT: $ 523,930. 2018 AMOUNT: $ 202,512. 2020 AMOUNT: $ 1,521,840. INCOME FROM PARTNERSHIP - 2018 AMOUNT: $ 115,118. PAYMENT FROM NY CREATES - 2020 AMOUNT: $ 1,550,000. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $6,273,866 | InvestmentCostOrOtherBasisAmt |
| Book Value | $6,273,866 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $61,118,398 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $39,091,541 | DepreciationAmt |
| Book Value | $22,026,857 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $3,695,625 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,928,862 | DepreciationAmt |
| Book Value | $766,763 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,067,486 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS LIMITED TO USE | $67,636,953 |
| RIGHT-OF-USE-ASSETS - OPERATING LEASE | $19,365,184 |
| RESEARCH FOUNDATION FOR THE SUNY | $122,898 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $87,125,035 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP | $189,491 |
| LEASE LIABILITY - OPERATING LEASE | $19,603,651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $19,793,142 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CORPORATION APPLIES THE PROVISIONS OF ASC SUBTOPIC 740-10, ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX POSITIONS TAKEN IN A TAX RETURN. ASC SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE OF TAX UNCERTAINTIES. MANAGEMENT HAS EVALUATED ASC 740-10 AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACOMMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMOTHY TAYLOR | ||||||||||||||
| CFO | $197,638 | $0 | $0 | $0 | $0 | $0 | $34,200 | $0 | $65,960 | $0 | $297,798 | $0 | $0 | $0 |
| PATRICIA ARCIERO-CRAIG | ||||||||||||||
| CAO, ACTING GENERAL COUNSEL | $243,861 | $0 | $0 | $0 | $0 | $0 | $21,174 | $0 | $26,413 | $0 | $291,448 | $0 | $0 | $0 |
| DOUGLAS GROSE | ||||||||||||||
| PRESIDENT/CHAIRMAN AS OF 6/30/2021 | $262,769 | $0 | $0 | $0 | $0 | $0 | $21,883 | $0 | $57 | $0 | $284,709 | $0 | $0 | $0 |
| PAUL KELLY | ||||||||||||||
| COO | $176,958 | $0 | $0 | $0 | $0 | $0 | $44,343 | $0 | $21,634 | $0 | $242,935 | $0 | $0 | $0 |
| THOMAS ALFIERI | ||||||||||||||
| ASSOCIATE VICE PRESIDENT | $197,941 | $0 | $0 | $0 | $0 | $0 | $14,225 | $0 | $19,289 | $0 | $231,455 | $0 | $0 | $0 |
| DEBORAH REICHLER | ||||||||||||||
| DIRECTOR OF FINANCE | $130,498 | $0 | $0 | $0 | $0 | $0 | $27,058 | $0 | $21,634 | $0 | $179,190 | $0 | $0 | $0 |
| PATRICIA BUCKLIN | ||||||||||||||
| SECRETARY | $158,914 | $0 | $0 | $0 | $0 | $0 | $13,218 | $0 | $975 | $0 | $173,107 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II - COMPENSATION FROM UNRELATED ORGANIZATIONS | FormAndLineReferenceDesc |
| Explanation | 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 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. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 5 & PART V, LINE 2A - NUMBER OF EMPLOYEES | THE SEVEN INDIVIDUALS INCLUDED IN FORM 990 PART VII LINE 1A WERE PAID BY UNRELATED ORGANIZATIONS AND WHOLLY OR 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 (INCLUDING ALL REQUIRED SCHEDULES) AS ULTIMATELY FILED WITH THE IRS, IS DISTRIBUTED TO EACH PERSON WHO IS A VOTING MEMBER OF THE BOARD OF DIRECTORS AND IS APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | UNDER THE CONFLICT OF INTEREST AND RELATED PARTY TRANSACTION POLICY, THE 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 THE 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 NOTED 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 IS 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. |
| FORM 990, PART VI, LINE 14 - DOCUMENT RETENTION AND DESTRUCTION POLICY | THE CORPORATION DID NOT HAVE A FORMAL DOCUMENT RETENTION AND DESTRUCTION POLICY AS OF THE END OF THE TAX YEAR (6/30/21). THE CORPORATION WAS FORMED IN 2009 AND HAS RETAINED ITS RECORDS. IT IS CONSIDERING THE ADOPTION OF A FORMAL POLICY AT THIS TIME. |
| FORM 990, PART XI, LINE 9: | CHANGE IN SWAP VALUE 305,338. GAIN FROM PARTNERSHIP INVESTMENT -67,605. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | QUAD C PHASE I LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SEYMOUR ROAD | AddressLine1Txt |
| City | UTICA | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13502 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300831216 | EIN |
| Primary Activities | SUPP OF PROJ | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORT SCHUYLER MANAGEMENT CORPORATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|
| FULLER ROAD MANAGEMENT CORPORATION | |||||||||
| 257 FULLER ROAD | ALBANY | NY | 12207 | RE HOLDING | NY | 501(C )(25) | N/A | 0 | |
| NY CREATES | |||||||||
| 257 FULLER ROAD | ALBANY | NY | 12207 | SEE PART VII | NY | 501(C )(3) | N/A | 0 | LINE 10 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 2, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | NY CREATES WAS FORMED FOR THE PURPOSE OF ADVANCING SCIENTIFIC RESEARCH, EDUCATION, AND ECONOMIC DEVELOPMENT WITHIN NEW YORK STATE. SPECIFICALLY THE PURPOSE OF NY CREATES IS TO FACILITATE THE ATTRACTION AND EXPANSION OF INNOVATIVE RESEARCH AND DEVELOPMENT PROJECTS AND FACILITIES, AND TO DEVELOP STRATEGIC ASSETS THAT SUPPORT THE GROWTH OF HIGH TECHNOLOGY COMPANIES THROUGHOUT THE STATE IN COOPERATION WITH THE STATE UNIVERSITY OF NEW YORK (SUNY) AND THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION D/B/A EMPIRE STATE DEVELOPMENT (ESD). | ExplanationTxt |