ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201411349349302481
- Schema version
- 2012v2.1
- 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
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T10:00:25-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743140 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCHESTER INSTITUTE OF TECHNOLOGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROCH | NameControl |
| Phone | 5854752383 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 146235603 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES H WATTERS | Name |
| Title | SR VP FINANCE & ADMINISTRATION | Title |
| Date Signed | 2014-05-13 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM DESTLER | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 146235603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 839141242 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RIT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1829 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | RIT'S MISSION IS TO PROVIDE A BROAD RANGE OF CAREER-ORIENTED EDUCATIONAL PROGRAMS WITH THE GOAL OF PRODUCING INNOVATIVE, CREATIVE GRADUATES WHO ARE WELL-PREPARED FOR THEIR CHOSEN CAREERS IN A GLOBAL SOCIETY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 56 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 52 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12356 | TotalNbrEmployees |
| Total Nbr Volunteers | 3400 | TotalNbrVolunteers |
| Total Gross UBI | 5066916 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1510826 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 133615147 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 122862530 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 470360956 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 495271400 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 46724958 | InvestmentIncomePriorYear |
| Investment Income Current Year | 32222476 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 9226456 | OtherRevenuePriorYear |
| Other Revenue Current Year | 11236733 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 659927517 | TotalRevenuePriorYear |
| Total Revenue Current Year | 661593139 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 139791948 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 150390728 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 311251659 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 320731732 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8771207 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 158840317 | OtherExpensePriorYear |
| Other Expenses Current Year | 165778660 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 609883924 | TotalExpensesPriorYear |
| Total Expenses Current Year | 636901120 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 50043593 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 24692019 | RevenuesLessExpensesCY |
| Total Assets BOY | 1490565991 | TotalAssetsBOY |
| Total Assets EOY | 1603679040 | TotalAssetsEOY |
| Total Liabilities BOY | 485079509 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 543810199 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1005486482 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1059868841 | NetAssetsOrFundBalancesEOY |
| Mission Description | RIT'S MISSION IS TO PROVIDE A BROAD RANGE OF CAREER-ORIENTED EDUCATIONAL PROGRAMS WITH THE GOAL OF PRODUCING INNOVATIVE, CREATIVE GRADUATES WHO ARE WELL-PREPARED FOR THEIR CHOSEN CAREERS IN A GLOBAL SOCIETY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 427157433 | Expense |
| Grants | 146657188 | Grants |
| Revenue | 408982626 | Revenue |
| Description | INSTRUCTION AND ACADEMIC SUPPORT - ESTABLISHED IN 1829, RIT IS A PRIVATE COEDUCATIONAL UNIVERSITY LOCATED IN UPSTATE NEW YORK, WITH APPROXIMATELY 17,950 FULL AND PART-TIME UNDERGRADUATE AND GRADUATE STUDENTS. RIT IS COMPRISED OF NINE COLLEGES OFFERING MORE THAN 200 GRADUATE AND UNDERGRADUATE PROGRAMS. NTID (NATIONAL TECHNICAL INSTITUTE FOR THE DEAF), ONE OF RIT'S COLLEGES, IS THE WORLD'S FIRST AND LARGEST TECHNICAL COLLEGE FOR DEAF STUDENTS WITH APPROXIMATELY 1,529 STUDENTS FROM THE UNITED STATES AND ABROAD. FOR THE PAST 20 YEARS, US NEWS AND WORLD REPORT HAS RANKED RIT FIRST OR SECOND IN ACADEMIC REPUTATION AMONG REGIONAL UNIVERSITIES IN THE NORTH. OVER THE PRECEDING 10 YEARS, TOTAL FALL ENROLLMENT HAS INCREASED 2,509 FULL TIME EQUIVALENTS (FTES) OR 20.4% FROM 12,322 IN 2002 TO 14,831 IN 2012. TOTAL SCHOLARSHIPS INCREASED 8.1% OVER THE PRIOR YEAR AND INSTITUTIONALLY FUNDED SCHOLARSHIPS INCREASED BY 8.0% OVER THE PRIOR YEAR. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 116078056 | Expense |
| Grants | 41586 | Grants |
| Revenue | 81097790 | Revenue |
| Description | STUDENT AND AUXILIARY SERVICES - STUDENT SERVICES PROVIDE STUDENTS WITH ADDITIONAL ENRICHMENT AND EDUCATIONAL OPPORTUNITIES. SUCH SERVICES INCLUDE ATHLETICS, STUDENT HEALTH AND ADMISSIONS. AUXILIARIES PROVIDE ESSENTIAL SERVICES TO STUDENTS IN SUPPORT OF RIT'S EDUCATIONAL MISSION. THESE SERVICES INCLUDE HOUSING OPERATIONS AND DINING SERVICES. SALES & SERVICES OF AUXILIARY ENTERPRISES GENERATED TOTAL REVENUE OF $74.3 MILLION, AN INCREASE OF $5.3 MILLION OVER THE PRIOR YEAR. SURPLUSES FROM AUXILIARY OPERATIONS SUPPORT THE OPERATING BUDGET OF THE UNIVERSITY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 40713575 | Expense |
| Grants | 3691954 | Grants |
| Revenue | 5190984 | Revenue |
| Description | RESEARCH AND PUBLIC SUPPORT - RIT ENGAGES IN PUBLIC SERVICE ACTIVITIES THAT BENEFIT THE GENERAL COMMUNITY, IN WHICH IT RESIDES, INCLUDING TRAINING, POSTSECONDARY EDUCATION FOR 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 OUR 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. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 583949064 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 1002 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 12356 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | HR | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 56 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 52 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lyn Kelly | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5854752383 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 146235603 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (73 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| WILLIAM W DESTLER | ||||||||
| PRESIDENT | 40.00 | 0.10 | X | X | 808011 | 0 | 89535 | |
| ANDREW N BRENNEMAN | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ANN L BURR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ANNE M SEVIER-BUCKINGHAM | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ARTHUR A GOSNELL | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| B THOMAS GOLISANO | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| BRIAN H HALL | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| BRIAN P O'SHAUGHNESSY | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| BROOKS H BOWER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| CARL E SASSANO | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| CHARLES S BROWN JR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| CHESTER N WATSON | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| CHRISTINE B WHITMAN | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| DAVID J BURNS | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| DONALD J TRUESDALE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| DONALD N BOYCE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ESSIE L CALHOUN-MCDAVID | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| FRANK S HERMANCE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| FRANK S SKLARSKY | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| GARY J LINDSAY | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| GERARD Q PIERCE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| HAROLD M MOWL JR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| HARRY P TRUEHEART III | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| JANET F SANSONE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| JAY T HOLMES | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| JEFFREY K HARRIS | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| JOSEPH M LOBOZZO II | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| JOYCE B KLEMMER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| JUDY B VON BUCHER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| KATHLEEN C ANDERSON | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| KEVIN J SURACE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| KIM E VANGELDER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| KRAIG H KAYSER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| MARK C CLEMENT | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| NANCY L FEIN | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| RICARDO A VENEGAS | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| RICHARD A KAPLAN | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| RICHARD E SANDS | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ROBERT D MOORE JR | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| ROBERT D WAYLAND-SMITH | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ROBERT DOBIES | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ROBERT W RICE | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| RONALD L ZARRELLA | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| ROOSEVELT MERCER JR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SAMUEL T HUBBARD JR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SANDRA A PARKER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SHARON TING | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| STEPHEN L SCHULTZ | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SUSAN J RILEY | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SUSAN M PUGLIA | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| SUSAN R HOLLIDAY | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| THOMAS F JUDSON JR | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| THOMAS S RICHARDS | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| WILLEM APPELO | ||||||||
| TRUSTEE | 0.10 | 0.10 | X | 0 | 0 | 0 | ||
| WILLIAM A BUCKINGHAM | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| WOLFGANG PFIZENMAIER | ||||||||
| TRUSTEE | 0.10 | X | 0 | 0 | 0 | |||
| DANIEL ORNT | ||||||||
| VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH | 40.00 | X | 385062 | 0 | 29814 | |||
| DEBORAH M STENDARDI | ||||||||
| VP GOVT AND COMMUNITY RELATIONS | 40.00 | X | 228123 | 0 | 40308 | |||
| GERARD BUCKLEY | ||||||||
| PRESIDENT NTID, VP AND DEAN RIT | 40.00 | X | 279483 | 0 | 64937 | |||
| JAMES G MILLER | ||||||||
| SVP ENROLLMENT MGMT AND CAREER SVCS | 40.00 | 0.10 | X | 329612 | 0 | 39375 | ||
| JAMES H WATTERS | ||||||||
| SVP FINANCE AND ADMINISTRATION | 40.00 | 0.10 | X | 429929 | 0 | 81196 | ||
| JEREMY A HAEFNER | ||||||||
| PROVOST AND SVP ACADEMIC AFFAIRS | 40.00 | 0.10 | X | 421315 | 0 | 94531 | ||
| KAREN A BARROWS | ||||||||
| SECRETARY OF THE INST AND CHIEF OF STAFF | 40.00 | X | 110697 | 0 | 19258 | |||
| KATHERINE J MAYBERRY | ||||||||
| VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES | 40.00 | X | 220018 | 0 | 36165 | |||
| KEVIN MCDONALD | ||||||||
| VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION | 40.00 | X | 222432 | 0 | 77447 | |||
| LISA A CAUDA | ||||||||
| VP DEVELOPMENT AND ALUMNI RELATIONS | 40.00 | X | 277136 | 0 | 37521 | |||
| MARY-BETH A COOPER | ||||||||
| SVP STUDENT AFFAIRS | 40.00 | X | 256948 | 0 | 42428 | |||
| RYNE RAFFAELLE | ||||||||
| VP FOR RESEARCH AND ASSOC PROVOST | 40.00 | X | 249177 | 0 | 52071 | |||
| ANDREW SEARS | ||||||||
| DEAN GCCIS | 40.00 | 277995 | 0 | 51619 | X | |||
| DONALD F FIGER | ||||||||
| PROF AND DIR CENTER FOR DETECTORS | 40.00 | 261112 | 0 | 35263 | X | |||
| DONALD O BAKER | ||||||||
| EXEC DIR CENTER FOR QUALITY AND APPL STATISTICS | 40.00 | 247007 | 0 | 23970 | X | |||
| JOHN R SCHOTT | ||||||||
| WIEDMAN CHAIR AND PROFESSOR | 40.00 | 248002 | 0 | 40202 | X | |||
| NABIL Z NASR | ||||||||
| ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY | 40.00 | 379455 | 0 | 45163 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5631514 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 900803 | TotalOtherCompensation |
| Number Individuals GT100 K | 431 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WILJEFF LLC | |||||
| 1265 SCOTTSVILLE RD | ROCHESTER | NY | 14624 | RENT | 802363 |
| DDS CONSTRUCTORS LLC | |||||
| 240 COMMERCE DRIVE | ROCHESTER | NY | 14623 | LAND DEVELOPMENT | 705572 |
| SIMPLEXGRINNELL LP | |||||
| 90 GOODWAY DRIVE | ROCHESTER | NY | 14623 | FIRE SAFETY - SPRINKLER SYSTEM | 580051 |
| HBT ARCHITECTS LLP | |||||
| 16 SOUTH MAIN ST | PITTSFORD | NY | 14534 | ARCHITECTURAL SERVICES | 378887 |
| LECLAIRRYAN | |||||
| 951 EAST BYRD ST | RICHMOND | VA | 23219 | LEGAL SERVICES | 314945 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 15 | NumberOfContractorsGT100K |
| Fundraising Events | 27411 | FundraisingEvents |
| Government Grants | 99028090 | GovernmentGrants |
| All Other Contributions | 23807029 | AllOtherContributions |
| Noncash Contributions | 5871369 | NoncashContributions |
| Total Contributions | 122862530 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| TUITION | 900099 | 413554531 | 413554531 | ||
| AUXILIARY SERVICES | 721000 | 64999858 | $64,999,858 | ||
| RESEARCH | 900099 | 2322076 | $1,910,807 | 411269 | |
| NONCREDIT INSTRUCTION | 900099 | 4011050 | 4011050 | ||
| FEES | 713990 | 1873275 | $1,873,275 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8510610 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6796363 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 345073 | UnrelatedBusinessRevenue |
| Exclusion | $1,369,174 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 495271400 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11767953 | TotalRevenueColumn |
| Unrelated Business Revenue | -190722 | UnrelatedBusinessRevenue |
| Exclusion | $11,958,675 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 484587 | TotalRevenueColumn |
| Exclusion | $484,587 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 367550 | TotalRevenueColumn |
| Exclusion | $367,550 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 517142 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 266547 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 250595 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 250595 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11395 | RelatedOrExemptFunctionIncome |
| Exclusion | $239,200 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 197154588 | Securities |
| Other | 38001 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 174282886 | Securities |
| Other | 2939767 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22871702 | Securities |
| Other | -2901766 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19969936 | TotalRevenueColumn |
| Exclusion | $19,969,936 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 35066 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 27411 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 58903 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -23837 | TotalRevenueColumn |
| Exclusion | -$23,837 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| RIT INN AND CONFERENCE CENTER | 721110 | 3981528 | 3981528 | |
| BOOKSTORE COMMISSIONS | 451211 | 971660 | $971,660 | |
| MARGARET'S HOUSE | 624410 | 765357 | $765,357 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4923880 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4363094 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 519768 | UnrelatedBusinessRevenue |
| Exclusion | $41,018 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 10642425 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 661593139 | TotalRevenueColumn |
| Related Or Exempt Function Income | 428736433 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 5066916 | UnrelatedBusinessRevenue |
| Exclusion | $104,927,260 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 366660 | Total |
| Program Services | 366660 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 150024068 | Total |
| Program Services | 150024068 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4373119 | Total |
| Program Services | 1374963 | ProgramServices |
| Management And General | 2329962 | ManagementAndGeneral |
| Fundraising | 668194 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241693933 | Total |
| Program Services | 218307539 | ProgramServices |
| Management And General | 18694961 | ManagementAndGeneral |
| Fundraising | 4691433 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18578072 | Total |
| Program Services | 16485991 | ProgramServices |
| Management And General | 1751732 | ManagementAndGeneral |
| Fundraising | 340349 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39743401 | Total |
| Program Services | 35830186 | ProgramServices |
| Management And General | 2084812 | ManagementAndGeneral |
| Fundraising | 1828403 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16343207 | Total |
| Program Services | 14502795 | ProgramServices |
| Management And General | 1541006 | ManagementAndGeneral |
| Fundraising | 299406 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 333080 | Total |
| Program Services | 140913 | ProgramServices |
| Management And General | 192167 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1022839 | Total |
| Program Services | 259234 | ProgramServices |
| Management And General | 737569 | ManagementAndGeneral |
| Fundraising | 26036 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266407 | Total |
| Program Services | 1257 | ProgramServices |
| Management And General | 265150 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350490 | Total |
| Management And General | 336171 | ManagementAndGeneral |
| Fundraising | 14319 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181175 | Total |
| Management And General | 181175 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29887814 | Total |
| Program Services | 25814761 | ProgramServices |
| Management And General | 4006938 | ManagementAndGeneral |
| Fundraising | 66115 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 924722 | Total |
| Program Services | 877248 | ProgramServices |
| Management And General | 32873 | ManagementAndGeneral |
| Fundraising | 14601 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37360641 | Total |
| Program Services | 33629171 | ProgramServices |
| Management And General | 3423882 | ManagementAndGeneral |
| Fundraising | 307588 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5786718 | Total |
| Program Services | 5314180 | ProgramServices |
| Management And General | 391387 | ManagementAndGeneral |
| Fundraising | 81151 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26044 | Total |
| Program Services | 26044 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11648069 | Total |
| Program Services | 11104818 | ProgramServices |
| Management And General | 543251 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11357044 | Total |
| Program Services | 9903105 | ProgramServices |
| Management And General | 1067978 | ManagementAndGeneral |
| Fundraising | 385961 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3015 | Total |
| Program Services | 3015 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9209286 | Total |
| Program Services | 8745096 | ProgramServices |
| Management And General | 464190 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34552361 | Total |
| Program Services | 31479990 | ProgramServices |
| Management And General | 3072371 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1612554 | Total |
| Program Services | 1538683 | ProgramServices |
| Management And General | 73871 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LOSS ON EARLY EXTINGUISHMENT OF DEBT | 24346768 | 23192731 | 1154037 | |
| POSTRETIREMENT BENEFITS FAS 106 | -8177441 | -7256578 | -903993 | -16870 |
| GAIN ON PROPERTY ACQUISITION | -6921923 | -6593824 | -328099 | |
| ASSET RETIREMENT OBLIGATIONS | 3713537 | 3537515 | 176022 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8295460 | Total |
| Program Services | 5339503 | ProgramServices |
| Management And General | 2891436 | ManagementAndGeneral |
| Fundraising | 64521 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 636901120 | Total |
| Program Services | 583949064 | ProgramServices |
| Management And General | 44180849 | ManagementAndGeneral |
| Fundraising | 8771207 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18417483 | BOY |
| EOY | 6009741 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34671972 | BOY |
| EOY | 59423228 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40729046 | BOY |
| EOY | 32210888 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59402124 | BOY |
| EOY | 61180211 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1922401 | BOY |
| EOY | 1499756 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6194082 | BOY |
| EOY | 8603897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1016470836 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 398354278 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 580858133 | BOY |
| EOY | 618116558 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 317832095 | BOY |
| EOY | 331891033 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 427687458 | BOY |
| EOY | 479901354 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2851197 | BOY |
| EOY | 4842374 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1490565991 | BOY |
| EOY | 1603679040 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54800977 | BOY |
| EOY | 45611544 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26382322 | BOY |
| EOY | 22688143 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222912046 | BOY |
| EOY | 297450507 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 180984164 | BOY |
| EOY | 178060005 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 485079509 | BOY |
| EOY | 543810199 | EOY |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 659256194 | BOY |
| EOY | 701485239 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 213088798 | BOY |
| EOY | 220303251 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133141490 | BOY |
| EOY | 138080351 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1005486482 | BOY |
| EOY | 1059868841 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1490565991 | BOY |
| EOY | 1603679040 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 24692019 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 29690340 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 379134 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 379134 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 583569930 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 583949064 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
| Affiliated Group Totals | 0 | AffiliatedGroupTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 442558 | CurrentYearMinus3 |
| Current Year Minus2 | 424301 | CurrentYearMinus2 |
| Current Year Minus1 | 395962 | CurrentYearMinus1 |
| Current Year | 379134 | CurrentYear |
| Total | 1641955 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 32790 | CurrentYearMinus3 |
| Current Year Minus2 | 20957 | CurrentYearMinus2 |
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 53747 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 32 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 83600 | RevenuesIncluded |
| Assets In Part X | 8655385 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 13906 | RevenuesIncluded |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | EDUCATION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | true | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 628328362 | BeginningOfYearBalance |
| Contributions | 4654227 | Contributions |
| Investment Earnings Or Losses | 62099043 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6636972 | GrantsOrScholarships |
| Other Expenditures | 19112753 | OtherExpenditures |
| End Of Year Balance | 669331907 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 640962040 | BeginningOfYearBalance |
| Contributions | 1676001 | Contributions |
| Investment Earnings Or Losses | 11769898 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6708063 | GrantsOrScholarships |
| Other Expenditures | 19371514 | OtherExpenditures |
| End Of Year Balance | 628328362 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 559539414 | BeginningOfYearBalance |
| Contributions | 6852732 | Contributions |
| Investment Earnings Or Losses | 97039041 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5751946 | GrantsOrScholarships |
| Other Expenditures | 16717201 | OtherExpenditures |
| End Of Year Balance | 640962040 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 530411586 | BeginningOfYearBalance |
| Contributions | 6116934 | Contributions |
| Investment Earnings Or Losses | 44168388 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5809130 | GrantsOrScholarships |
| Other Expenditures | 15348364 | OtherExpenditures |
| End Of Year Balance | 559539414 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 671482363 | BeginningOfYearBalance |
| Contributions | 13217807 | Contributions |
| Investment Earnings Or Losses | -130157738 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6129443 | GrantsOrScholarships |
| Other Expenditures | 18001403 | OtherExpenditures |
| End Of Year Balance | 530411586 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.52300 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.20300 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10714830 | OtherCostOrOtherBasis |
| Book Value | 10714830 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 856676987 | OtherCostOrOtherBasis |
| Depreciation | 315686674 | Depreciation |
| Book Value | 540990313 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 134313789 | OtherCostOrOtherBasis |
| Depreciation | 82667604 | Depreciation |
| Book Value | 51646185 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14765230 | OtherCostOrOtherBasis |
| Book Value | 14765230 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 618116558 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CASH SURRENDER VALUE OF LIFE INSURANCE | 119032 | F |
| BENEFICIAL INTEREST IN TRUSTS | 1483947 | F |
| COMMINGLED IN EQUITY FUNDS | 168001127 | F |
| COMMINGLED FIXED INCOME FUNDS | 6243981 | F |
| HEDGE FUNDS | 157148621 | F |
| PRIVATE PLACEMENTS | 146904646 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 479901354 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FAS106 POSTRETIREMENT BENEFITS OBLIGATION | $132,960,869 |
| FEDERAL PERKINS LOAN PROGRAM | $21,824,277 |
| FIN47 ASSET RETIREMENT OBLIGATION | $19,566,875 |
| ALL OTHER LIABILITIES | $3,707,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 178060005 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Conservation easements financial reporting | Schedule D, Part II, Line 9 | IN 2007, THE UNIVERSITY ENTERED INTO A CONSERVATION EASEMENT WITH THE TOWN OF HENRIETTA, NY. THE CONSERVATION EASEMENT IS VALUED AS PART OF THE LAND AND RECORDED IN RIT'S FINANCIAL STATEMENTS. |
| Collections of art - description of collections | Schedule D, Part III, Line 4 | THE CARY LIBRARY HOUSES SOME 20,000 VOLUMES AND A GROWING NUMBER OF MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES. ALSO INCLUDED ARE IMPRESSIVE HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY AND BOOK ILLUSTRATION. THE GOAL OF DEVELOPING THE DIGITAL IMAGE DATABASE IS TO ENABLE USERS ALL OVER THE WORLD TO SAMPLE THE WEALTH OF RICH MATERIALS HOUSED IN THE COLLECTION. AN ADDITIONAL FEATURE IS THE INCLUSION IN THE SCHOOL'S CURRICULUM OF SEVERAL COURSES WHICH ACTUALLY MEET IN THE LIBRARY. THE COLLECTION'S HOLDINGS ARE ALSO AVAILABLE TO OUTSIDE RESEARCHERS. THE WILL BURTIN COLLECTION IS AN AMALGAMATION OF MATERIALS FROM GRAPHIC DESIGNER WILL BURTIN. IT INCLUDES EXTENSIVE CLIENT PROJECT FILES AND DOCUMENTATION (SKETCHES, MECHANICALS, MODELS, PRINTED SAMPLES, PHOTOGRAPHS), BUSINESS AND PROFESSIONAL CORRESPONDENCE, FINANCIAL RECORDS, PUBLICATIONS, PERSONAL PAPERS, EXHIBIT PLANS, AND AUDIO/VISUAL MATERIALS. THE COLLECTION IS OPEN FOR ACADEMIC AND PUBLIC RESEARCH. THE PUBLIC ART ON CAMPUS COLLECTION IS A SERIES OF 31 PIECES OF FINE ART INCLUDING, BUT NOT LIMITED TO MURALS, PAINTING, AND STATUES. ALL OF THESE WORKS ENLIVEN AND ENRICH THE CULTURAL ENVIRONMENT OF RIT, WHILE THOSE THAT GRACE THE PUBLIC SPACES OF OUR CAMPUS HELP TO DEFINE AND ENHANCE THE BUILDINGS AND WALKWAYS THEY INHABIT. |
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | 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. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | EFFECTIVE JULY 1, 2007, THE UNIVERSITY ADOPTED FIN 48 AND INTERPRETATION OF SFAS 109 ACCOUNTING FOR INCOME TAXES. AS A TAX-EXEMPT ORGANIZATION, THE UNIVERSITY HAS A VERY LIMITED NUMBER OF TAX POSITIONS SUBJECT TO FIN 48, AND BELIEVES ITS TAX POSITIONS MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IN FIN 48 AND AS SUCH, AS INCLUDED THE EFFECTS OF THOSE TAX POSITIONS IN ITS FINANCIAL STATEMENTS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Racially nondiscriminatory policy | Schedule E, Part I, Line 3 | RIT'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 IN THE LOCAL NEWSPAPER WHEN RECRUITING FOR OPEN POSITIONS. |
| Financial aid or assistance from a governmental agency | Schedule E, Part I, Line 6a | THE UNIVERSITY IS THE RECIPIENT OF APPROPRIATIONS AND ASSISTANCE FROM THE DEPARTMENT OF EDUCATION TO OPERATE THE NATIONAL TECHNICAL INSTITUTE FOR THE DEAF AND TO SUPPORT THE FEDERAL WORK STUDY AND FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAMS. THE UNIVERSITY ALSO RECEIVES AN APPROPRIATION OF DIRECT INSTITUTIONAL SUPPORT OF "BUNDY AID" FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 148317174 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | INVESTMENTS | 4746851 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 153064025 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | true | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Method used to account for expenditures on organization's financial statements | Schedule F, Part I, Line 3 | CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL |
| Method used to account for expenditures on organization's financial statements | Schedule F, Part I, Line 3 | CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | TIGER OPEN | NameOfEvent1 |
| Gross Receipts Event1 | 19840 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 11700 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 8140 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 6490 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 5750 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 0 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 9334 | OtherDirectExpensesEvent1 |
| Name Of Event2 | SCB GOLF TOURN | NameOfEvent2 |
| Gross Receipts Event2 | 27255 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 10661 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 16594 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 13377 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 585 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 460 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 15382 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 5050 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 10332 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 2000 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 6764 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 200 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 13943 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 62477 | GrossReceiptsTotal |
| Charitable Contributions Total | 27411 | CharitableContributionsTotal |
| Gross Revenue Total Events | 35066 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 21867 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 13099 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 200 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 23737 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 58903 | DirectExpenseSummaryEvents |
| Net Income Summary | -23837 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| AACSB INTERNATIONAL | ||||||||
| 777 S HARBOUR ISLAND BLVD | TAMPA | FL | 336025730 | 436036286 | 501C3 | 75000 | CONF SPONSORSHIP | |
| CHILDREN'S SUCCESS FUND SPECIAL EVENTS | ||||||||
| 2000 JEFFERSON RD | PITTSFORD | NY | 14534 | 262998673 | 501C3 | 28000 | LPGA SPONSORSHIP | |
| GREATER ROCHESTER ENTERPRISE INC | ||||||||
| ONE HSBC PLAZA | ROCHESTER | NY | 14604 | 100000080 | 501C3 | 51250 | GENERAL SUPPORT, EVENT SPONSORSHIP | 100 CHESTNUT ST SUITE 1910 |
| HENRIETTA FIRE DISTRICT | ||||||||
| 850 BAILEY RD | W HENRIETTA | NY | 14586 | 160974231 | STATE OF NY | 35000 | GENERAL SUPPORT | |
| HIGH TECH ROCHESTER INC | ||||||||
| 150 LUCIUS GORDON DR | W HENRIETTA | NY | 14586 | 161195028 | 501C3 | 30000 | GENERAL SUPPORT | SUITE 100 |
| NATIONAL ASSOC OF THE DEAF | ||||||||
| 8630 FENTON ST | SILVER SPRING | MD | 20910 | 941358295 | 501C3 | 17000 | YOUTH CAMP & CONF SPONSORSHIPS | SUITE 820 |
| NEW YORK WINE & CULINARY CTR | ||||||||
| 800 S MAIN ST | CANANDAIGUA | NY | 14424 | 201682175 | 501C3 | 56500 | GENERAL SUPPORT, EVENT SPONSORSHIP | |
| ROCHESTER AREA COMMUNITY FOUNDATION | ||||||||
| 500 EAST AVE | ROCHESTER | NY | 146071912 | 237250641 | 501C3 | 10250 | GENERAL SUPPORT | |
| ROCHESTER BUSINESS ALLIANCE | ||||||||
| 150 STATE ST | ROCHESTER | NY | 146141308 | 510439860 | 501C6 | 10000 | GENERAL SUPPORT, EVENT SPONSORSHIPS | |
| ROCHESTER GENERAL HOSPITAL | ||||||||
| 1425 PORTLAND AVE | ROCHESTER | NY | 14621 | 160743134 | 501C3 | 6000 | GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 9 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| SCHOLARSHIP | 12900 | 144197839 |
| GRADUATE RESEARCH ASSISTANCE | 335 | 4242781 |
| FELLOWSHIPS | 54 | 455224 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NUMBER OF RECIPIENTS | SCHEDULE I, PART III | 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 AWARDS) WHICH HAVE BEEN CLASSIFIED BY THE TYPE OF ASSISTANCE. |
| Procedures for monitoring use of grant funds | Schedule I, Part I, Line 2 | 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (17 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM W DESTLER | ||||||||||||||
| PRESIDENT | 752901 | 0 | 45843 | 0 | 9267 | 0 | 22500 | 0 | 67035 | 0 | 897546 | 0 | 0 | 0 |
| JEREMY A HAEFNER | ||||||||||||||
| PROVOST AND SVP ACADEMIC AFFAIRS | 404478 | 0 | 14515 | 0 | 2322 | 0 | 22500 | 0 | 72031 | 0 | 515846 | 0 | 0 | 0 |
| JAMES G MILLER | ||||||||||||||
| SVP ENROLLMENT MGMT AND CAREER SVCS | 314810 | 0 | 5969 | 0 | 8833 | 0 | 25000 | 0 | 14375 | 0 | 368987 | 0 | 0 | 0 |
| JAMES H WATTERS | ||||||||||||||
| SVP FINANCE AND ADMINISTRATION | 411339 | 0 | 14801 | 0 | 3789 | 0 | 25000 | 0 | 56196 | 0 | 511125 | 0 | 0 | 0 |
| MARY-BETH A COOPER | ||||||||||||||
| SVP STUDENT AFFAIRS | 255397 | 0 | 109 | 0 | 1442 | 0 | 24059 | 0 | 18369 | 0 | 299376 | 0 | 0 | 0 |
| LISA A CAUDA | ||||||||||||||
| VP DEVELOPMENT AND ALUMNI RELATIONS | 257542 | 0 | 0 | 0 | 19594 | 0 | 23764 | 0 | 13757 | 0 | 314657 | 0 | 0 | 0 |
| KEVIN MCDONALD | ||||||||||||||
| VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION | 199101 | 0 | 0 | 0 | 23331 | 0 | 18896 | 0 | 58551 | 0 | 299879 | 0 | 0 | 0 |
| KATHERINE J MAYBERRY | ||||||||||||||
| VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES | 209578 | 0 | 0 | 0 | 10440 | 0 | 21432 | 0 | 14733 | 0 | 256183 | 0 | 0 | 0 |
| DEBORAH M STENDARDI | ||||||||||||||
| VP GOVT AND COMMUNITY RELATIONS | 224809 | 0 | 0 | 0 | 3314 | 0 | 23159 | 0 | 17149 | 0 | 268431 | 0 | 0 | 0 |
| DANIEL ORNT | ||||||||||||||
| VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH | 381228 | 0 | 0 | 0 | 3834 | 0 | 22500 | 0 | 7314 | 0 | 414876 | 0 | 0 | 0 |
| RYNE RAFFAELLE | ||||||||||||||
| VP FOR RESEARCH AND ASSOC PROVOST | 247935 | 0 | 0 | 0 | 1242 | 0 | 24302 | 0 | 27769 | 0 | 301248 | 0 | 0 | 0 |
| GERARD BUCKLEY | ||||||||||||||
| PRESIDENT NTID, VP AND DEAN RIT | 277161 | 0 | 0 | 0 | 2322 | 0 | 25000 | 0 | 39937 | 0 | 344420 | 0 | 0 | 0 |
| DONALD O BAKER | ||||||||||||||
| EXEC DIR CENTER FOR QUALITY AND APPL STATISTICS | 161063 | 0 | 0 | 0 | 85944 | 0 | 16210 | 0 | 7760 | 0 | 270977 | 0 | 0 | 0 |
| DONALD F FIGER | ||||||||||||||
| PROF AND DIR CENTER FOR DETECTORS | 222861 | 0 | 0 | 0 | 38251 | 0 | 18198 | 0 | 17065 | 0 | 296375 | 0 | 0 | 0 |
| NABIL Z NASR | ||||||||||||||
| ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY | 377133 | 0 | 0 | 0 | 2322 | 0 | 25000 | 0 | 20163 | 0 | 424618 | 0 | 0 | 0 |
| ANDREW SEARS | ||||||||||||||
| DEAN GCCIS | 277185 | 0 | 0 | 0 | 810 | 0 | 22500 | 0 | 29119 | 0 | 329614 | 0 | 0 | 0 |
| JOHN R SCHOTT | ||||||||||||||
| WIEDMAN CHAIR AND PROFESSOR | 244913 | 0 | 0 | 0 | 3089 | 0 | 22220 | 0 | 17982 | 0 | 288204 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | 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. |
| Health or social club dues or initiation fees | Schedule J, Part I, Line 1a | THE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR SEVEN 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. |
| Written policy regarding payment or reimbursement of expenses | Schedule J, Part I, Line 1b | EACH OF THE BENEFITS INDICATED IS AVAILABLE TO THE PRESIDENT; CERTAIN OF THESE BENEFITS ARE AVAILABLE TO SELECT OFFICERS. AMOUNTS CONSIDERED TAXABLE ARE REPORTED COMPENSATION INCLUDED ON THE EMPLOYEE'S 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. |
| METHODS USED TO ESTABLISH COMPENSATION | SCHEDULE J, PART I, LINE 3 | 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. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| DASNY RIT SERIES 2002B | ||||||||
| A | 146000293 | 64983QH51 | 2006-05-04 | 15719523 | SEE SUPPLEMENTAL INFORMATION | true | false | false |
| DASNY RIT SERIES 2006A | ||||||||
| B | 146000293 | 64983QF38 | 2006-05-04 | 61706239 | SEE SUPPLEMENTAL INFORMATION | false | false | false |
| DASNY RIT SERIES 2008A | ||||||||
| C | 146000293 | 6499034Y4 | 2008-11-13 | 84352284 | SEE SUPPLEMENTAL INFORMATION | true | false | false |
| DASNY RIT SERIES 2010 | ||||||||
| D | 146000293 | 6499054S2 | 2010-10-21 | 83324343 | SEE SUPPLEMENTAL INFORMATION | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 2780000 | 10850000 | 15720929 | 0 | 0 | 0 | 141121 | 5000 | 9808 | 0 | 15565000 | 0 | 2004 | true | false | true | true |
| B | 15025000 | 0 | 61710620 | 0 | 0 | 0 | 457585 | 470127 | 15809 | 0 | 60767099 | 0 | 2000 | false | true | true | true |
| C | 5400000 | 76100000 | 85041578 | 0 | 0 | 0 | 684437 | 0 | 0 | 83691277 | 665864 | 0 | 2010 | false | false | true | true |
| D | 1820000 | 0 | 83421565 | 0 | 0 | 0 | 559987 | 0 | 0 | 34709546 | 44726855 | 3425177 | 2013 | false | true | false | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Prcntge Bond Financed PropPrcntgeBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | 0 | false | false |
| B | false | false | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | 0 | false | false |
| C | false | true | true | false | true | false | 0.00100 | 0.00100 | 0.00200 | false | false | 0 | false | true |
| D | false | true | true | false | true | false | 0.00200 | 0.00300 | 0.00500 | false | false | 0 | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | true | false | false | 0.0 | false | false | false | 0.0 | false | false | true |
| B | false | false | false | true | false | false | 0 | false | false | false | 0 | false | false | true |
| C | false | true | false | false | false | false | 0 | false | false | false | 0 | false | false | true |
| D | false | true | false | false | false | false | 0 | false | false | false | 0 | false | false | true |
Form990 Schedule K Part V Form990ScheduleKPartV (4 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | true |
| B | true |
| C | true |
| D | true |
Form990 Schedule K Part VI Form990ScheduleKPartVI (23 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ISSUER NAME - DASNY, RIT SERIES 2002B | SCHEDULE K, PART I, COLUMN (F) | LINE A (F): THE 2002B (FIXED RATE CONVERSION AND REOFFERING OF DASNY, RIT SERIES 2002B, ISSUED OCTOBFR 31, 2002; PARTIAL DEFEASANCE THROUGH THE DASNY, RIT SERIES 2012, DATED 12/12/12) - PROJECT CONSISTS OF THE RENOVATION AND IMPROVEMENT OF VARIOUS ACADEMIC AND ADMINISTRATIVE BUILDINGS AND CONSTRUCTION OF AN ATHLETIC FIELD HOUSE. PURSUANT TO CODE SECTION 150(C)(3)(II), THE ISSUE REPORTED IN THE INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES (FORM 8038) AND THE ISSUANCE OF THE SAME DATE OF THE ISSUER'S ROCHESTER INSTITUTE OF TECHNOLOGY INSURED REVENUE BONDS, SERIES 2006A, AS REPORTED IN A SEPARATE FORM 8038 DATED MAY 4, 2006, ARE TREATED AS PARTS OF A SINGLE ISSUE FOR CERTAIN PURPOSES DESCRIBED IN CODE SECTION 150(C)(3)(II). |
| ISSUER NAME - DASNY, RIT SERIES 2006A | SCHEDULE K, PART I, COLUMN (F) | LINE B (F): THE SERIES 2006A (ADVANCE REFUNDING OF DASNY, RIT SERIES 1997, ISSUED JULY 15, 1997) - PROJECT CONSISTS OF CONSTRUCTION, RENOVATION AND IMPROVEMENTS TO VARIOUS RESIDENTIAL BUILDINGS AND APARTMENT COMPLEXES AND A FINANCIAL INFORMATION SYSTEM. PURSUANT TO CODE SECTION 150(C)(3)(II), THE ISSUE REPORTED IN THE INFORMATION RETURN FOR TAX-EXEMPT PRIVATE ACTIVITY BOND ISSUES (FORM 8038)AND THE REISSUANCE OF THE SAME DATE OF THE ISSUER'S ROCHESTER INSTITUTE OF TECHNOLOGY INSURED REVENUE BONDS, SERIES 2002B. AS REPORTED IN A SEPARATE 8038 DATED MAY 4, 2006, ARE TREATED AS PARTS OF A SINGLE ISSUE FOR CERTAIN PURPOSES DESCRIBED IN A CODE SECTION 150(C)(3)(II). |
| ISSUER NAME - DASNY, RIT SERIES 2008A | SCHEDULE K, PART I, COLUMN (F) | LINE C (F): THE 2008A (PARTIAL DEFEASANCE THROUGH THE DASNY, RIT SERIES 2012, DATED 12/12/12) - PROJECT CONSISTS OF CONSTRUCTION OF A MIXED-USE HOUSING COMPLEX; THE RENEWAL, REPLACEMENT AND EXPANSION OF EXISTING HEATING AND COOLING INFRASTRUCTURE AND ENERGY MANAGEMENT SYSTEMS; AND THE RENOVATION OF ACADEMIC AND ADMINISTRATIVE BUILDINGS ON THE MAIN CAMPUS. |
| ISSUER NAME - DASNY, RIT SERIES 2010 | SCHEDULE K, PART I, COLUMN (F) | LINE D (F): THE 2010 PROJECT CONSISTS OF THE CONSTRUCTION OF A NEW ACADEMIC BUILDING, THE CONSTRUCTION OF A GREEN DATA CENTER, THE EXPANSION OF ATHLETIC FACILITIES, VARIOUS OTHER CAMPUS-WIDE IMPROVEMENTS, AND THE ADVANCE REFUNDING OF DASNY, RIT SERIES 2002A, DATED OCTOBER 31, 2002. |
| ISSUER NAME - DASNY, RIT SERIES 2012A | SCHEDULE K, PART I, COLUMN (F) | LINE A (F): THE 2012 PROJECT CONSISTS OF THE CONSTRUCTION OF AN ICE ARENA, RENOVATIONS AND IMPROVEMENTS TO THE INSTITUTE OF HEALTH SCIENCE AND TECHNOLOGY, REPLACEMENT OF AN ELECTRICAL SUBSTATION, RENOVATIONS OF LABS, ACQUISITION OF UNIVERSITY COMMONS II, AND PARTIAL REFUNDING OF THE SERIES 2002B AND 2008A. |
| LINE 3A, SERIES 2002B; LINE 3B, SERIES 2006A; LINE 3C, SERIES 2008A; LINE 3D, SERIES 2010 | SCHEDULE K, PART II, LINE 3 | TOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF $1,406, $4,383, $689,295, AND $97,224, RESPECTIVELY. |
| LINE 3A, SERIES 2012 | SCHEDULE K, PART II, LINE 3 | TOTAL PROCEEDS OF ISSUE, INCLUDE INVESTMENT PROCEEDS OF $209,704. |
| LINE 7A, SERIES 2002B | SCHEDULE K, PART II, LINE 7 | ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $149,523 WERE ADJUSTED FOR $8,402 OF UNUSED PROCEEDS. THESE PROCEEDS ($8,402), TOGETHER WITH INVESTMENT PROCEEDS OF $1,406, ARE INCLUDED IN PART II, LINE 9A, WORKING CAPITAL EXPENDITURES FROM PROCEEDS. |
| LINE 7B, SERIES 2006A | SCHEDULE K, PART II, LINE 7 | ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $469,013 WERE ADJUSTED FOR $11,428 OF UNUSED PROCEEDS. THESE PROCEEDS ($11,428), TOGETHER WITH INVESTMENT PROCEEDS OF $4,381, ARE INCLUDED IN PART II, LINE 9B, WORKING CAPITAL EXPENDITURES FROM PROCEEDS. |
| LINE 7C, SERIES 2008A | SCHEDULE K, PART II, LINE 7 | ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $697,839 WERE ADJUSTED FOR $13,402 OF UNUSED PROCEEDS. THESE PROCEEDS ($13,402), TOGETHER WITH INVESTMENT PROCEEDS OF $689,295, ARE INCLUDED IN PART II, LINE 10C, CAPITAL EXPENDITURES FROM PROCEEDS. |
| LINE 7D, SERIES 2010 | SCHEDULE K, PART II, LINE 7 | ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $597,487 WERE ADJUSTED FOR $37,500 OF UNUSED PROCEEDS. THESE PROCEEDS ($37,500), TOGETHER WITH INVESTMENT PROCEEDS OF $97,224, ARE INCLUDED IN PART II, LINE 12D, OTHER UNSPENT PROCEEDS. |
| LINE 7A, SERIES 2012 | SCHEDULE K, PART II, LINE 7 | ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $832,806 WERE ADJUSTED FOR $22,052 OF ADDITIONAL PROCEEDS. THESE PROCEEDS, $22,052, TOGETHER WITH INVESTMENT PROCEEDS OF $209,704, ARE INCLUDED IN PART II, LINE 12A, OTHER UNSPENT PROCEEDS. |
| LINE 9A, SERIES 2002B; LINE 9B, SERIES 2006A | SCHEDULE K, PART II, LINE 9 | WORKING CAPITAL EXPENDITURES FROM PROCEEDS REPRESENT UNUSED ORIGINAL ISSUANCE PROCEEDS OF $8,402 AND INVESTMENT PROCEEDS OF $1,406 FOR THE SERIES 2002B AND UNUSED ORIGINAL ISSUANCE PROCEEDS OF $11,428 AND INVESTMENT PROCEEDS OF $4,381 FOR THE SERIES 2006A. THE INVESTMENT PROCEEDS ARE INCLUDED IN PART II, LINE 3A (SERIES 2002B) AND B (SERIES 2006A), TOTAL PROCEEDS OF ISSUE, RESPECTIVELY. |
| LINE 11A, SERIES 2002B | SCHEDULE K, PART II, LINE 11 | OTHER SPENT PROCEEDS, INCLUDES $5,000 FOR ISSUER/DASNY FEES AND $15,560,000 OF PROCEEDS USED TO REDEEM SERIES 2002B, REOFFERED ON MAY 4, 2006. THE REOFFERED BONDS WERE CALLED ON MAY 4, 2006. |
| LINE 11B, SERIES 2006A | SCHEDULE K, PART II, LINE 11 | OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES, $400,919 FOR STATE ISSUANCE FEES AND $60,291,180 OF PROCEEDS USED TO LEGALLY DEFEASE THE OUTSTANDING AGGREGATE PRINCIPAL AMOUNT OF SERIES 1997. THE REFUNDED BONDS WERE CALLED ON JULY 1, 2007. |
| LINE 11C, SERIES 2008A | SCHEDULE K, PART II, LINE 11 | OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES AND $590,864 FOR STATE ISSUANCE FEES. |
| LINE 11D, SERIES 2010 | SCHEDULE K, PART II, LINE 11 | OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES, $650,450 FOR STATE ISSUANCE FEES, AND $44,001,405 OF PROCEEDS USED IN REFUNDING ESCROW FOR SERIES 2002A. THE REFUNDED BONDS WERE CALLED ON JULY 1, 2012. |
| LINE 11A, SERIES 2012 | SCHEDULE K, PART II, LINE 11 | OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES. |
| LINE 12D, SERIES 2010 | SCHEDULE K, PART II, LINE 12 | OTHER UNSPENT PROCEEDS, INCLUDES $3,425,177 HELD WITH BOND TRUSTEE FOR CAPITAL EXPENDITURES ASSOCIATED WITH SERIES 2010. |
| LINE 12A, SERIES 2012 | SCHEDULE K, PART II, LINE 12 | OTHER UNSPENT PROCEEDS, INCLUDES $44,548,890 HELD WITH BOND TRUSTEE FOR CAPITAL EXPENDITURES ASSOCIATED WITH SERIES 2012. |
| LINE 13A, SERIES 2012 | SCHEDULE K, PART II, LINE 13 | SERIES 2012 HAS NOT BEEN SUBSTANTIALLY COMPLETED. |
| ISSUER NAME: DASNY, RIT SERIES 2002B: No Rebate Due. | Schedule K, Part IV, Line 2c | THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 12/31/2012. |
| ISSUER NAME: DASNY, RIT SERIES 2006A: No Rebate Due. | Schedule K, Part IV, Line 2c | THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 12/31/2012. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DASNY RIT SERIES 2012A | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 146000293 | IssuerEIN |
| CUSIP Number | 649907HM7 | CUSIPNumber |
| Date Issued | 2012-12-12 | DateIssued |
| Issue Price | 168217368 | IssuePrice |
| Description Of Purpose | SEE SUPPLEMENTAL INFORMATION | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 168427078 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 109309562 | RefundingEscrow |
| Issuance Costs From Proceeds | 854858 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 13638768 | CapitalExpenditures |
| Other Spent Proceeds | 75000 | OtherSpentProceeds |
| Amount Unspent | 44548890 | AmountUnspent |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | true | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | false | EngageBondCounselContracts |
| Any Research Agreements | true | AnyResearchAgreements |
| Engage Bond Counsel Research | false | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0.00100 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00100 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00200 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Prcntge Bond Financed Prop | 0 | PrcntgeBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | true | RebateNotDueYet |
| Exception To Rebate | false | ExceptionToRebate |
| No Rebate Due | false | NoRebateDue |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Term Of Hedge | 0 | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Term Of GIC | 0 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | false | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| PIKE COMPANY | |||
| TRUSTEE, THOMAS F JUDSON | 500058 | CONSTRUCTION SERVICES | false |
| DUMBWAITER DESIGN | |||
| TRUSTEE, SUSAN HOLLIDAY | 107422 | WEB DESIGN SERVICES | false |
| XEROX CORPORATION | |||
| TRUSTEE, WILLEM APPELO | 686204 | FEES FOR COPIERS, OTHER DEVICES | false |
| MARK BARROWS | |||
| FAMILY MEMBER OF OFFICER | 34635 | PAYMENT OF COMPENSATION | false |
Form990 Schedule L Part V Form990ScheduleLPartV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LINE 1 | SCHEDULE L, PART IV | TRUSTEE, THOMAS JUDSON JR, IS THE OWNER AND CHAIRMAN OF PIKE COMPANY. |
| LINE 2 | SCHEDULE L, PART IV | TRUSTEE, SUSAN R HOLLIDAY, IS THE OWNER OF DUMBWAITER DESIGN. |
| LINE 3 | SCHEDULE L, PART IV | TRUSTEE, WILLEM APPELO, IS AN OFFICER OF XEROX CORPORATION. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 83600 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 40 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1726793 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEAN VALUE DATE OF GIFT | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1425000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/FMV | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 87372 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL/FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | SOFTWARE | 7 | 975380 | MARKET VALUE |
| X | CONSUMABLES | 101 | 886289 | MARKET VALUE |
| X | EQUIPMENT | 39 | 668520 | MARKET VALUE |
| X | OTHER | 13 | 18415 | MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference |
|---|---|
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 1 |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 9 |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 16 |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line 18 |
| Number of contributions or items contributed. | Schedule M, part I, column (b), Line other=SOFTWARE |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Family/business relationships amongst interested persons | Form 990, Part VI, Section A, Line 2 | ANN L BURR, B THOMAS GOLISANO, SUSAN R HOLLIDAY, SAMUEL T HUBBARD JR, RICHARD A KAPLAN, KRAIG H KAYSER, SANDRA A PARKER, CARL E SASSANO, STEPHEN L SCHULTZ, CHRISTINE B WHITMAN AND RONALD L ZARELLA ARE RIT TRUSTEES. WILLIAM W DESTLER AND JAMES H WATTERS ARE OFFICERS. - BUSINESS RELATIONSHIP, COMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (DIRECTOR), CARL E SASSANO (DIRECTOR), AND CHRISTINE B WHITMAN (CHAIR AND CEO). - BUSINESS RELATIONSHIP, FRONTIER COMMUNICATIONS: ANN L BURR (PRESIDENT, NORTHERN REGION), SANDRA A PARKER (DIRECTOR, FRONTIER COMMUNICATIONS), AND HARRY P TRUEHEART III (DIRECTOR OF FRONTIER TELEPHONE OF ROCHESTER, A SUBSIDIARY). - BUSINESS RELATIONSHIP, ONE STREAM NETWORKS LLC: CARL E SASSANO (DIRECTOR) AND CHRISTINE B WHITMAN (MANAGING MEMBER). - BUSINESS RELATIONSHIP, PICTOMETRY INTERNATIONAL CORP: B THOMAS GOLISANO (DIRECTOR) AND STEPHEN L SCHULTZ (CTO). - BUSINESS RELATIONSHIP, SENECA FOODS CORP: SAMUEL T HUBBARD JR (DIRECTOR) AND KRAIG H KAYSER (PRESIDENT AND CEO). - BUSINESS RELATIONSHIP, TORVEC INC: WILLIAM W DESTLER (DIRECTOR) AND RICHARD A KAPLAN (CEO). - BUSINESS RELATIONSHIP, VNOMICS CORP: RICHARD A KAPLAN (DIRECTOR), JAMES H WATTERS (DIRECTOR), AND RONALD L ZARELLA (CHAIR) - BUSINESS RELATIONSHIP, VOICEPORT LLC: CARL E SASSANO (DIRECTOR) AND CHRISTINE B WHITMAN (MANAGING MEMBER) - BUSINESS RELATIONSHIP |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | PRIOR TO FILING THE RETURN, IT WAS PROVIDED TO THE MEMBERS OF THE AUDIT COMMITTEE AND SUBSEQUENTLY PRESENTED FOR REVIEW AT A REGULARLY SCHEDULED AUDIT COMMITTEE MEETING. PRIOR TO FILING THE RETURN, IT WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES VIA A SECURED WEBSITE. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | 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. FOLLOWING THE 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 SUBCOMMITTEE 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 TO THE UNIVERSITY AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE UNIVERSITY. IN ANY EVENT, SUCH MEMBERS WILL NEITHER VOTE, NOR DISCHARGE HIS/HER 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 CONFLICT OF INTEREST CONFLICT OF 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. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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 SUBCOMMITTEE 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 SUBCOMMITTEE AND PROVIDE IT WITH AN EVALUATION OF THE PRESIDENT AND A PROPOSAL FOR THE PRESIDENT'S COMPENSATION. BIENNIALLY THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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. |
| Process used to establish compensation of other officers/key employees | Form 990, Part VI, Section B, Line 15b | THE EXECUTIVE COMPENSATION SUBCOMMITTEE REVIEWS THE PROPOSED SALARIES OF THE FOLLOWING POSITIONS: PRESIDENT; PROVOST AND SVP ACADEMIC AFFAIRS; SVP FINANCE AND ADMINISTRATION; SVP ENROLLMENT MANAGEMENT AND CAREER SERVICES; VP FOR RESEARCH AND ASSOC PROVOST; VP DEVELOPMENT AND ALUMNI RELATIONS; SVP STUDENT AFFAIRS; PRESIDENT NTID, VP AND DEAN RIT; VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES; VP GOVERNMENT AND COMMUNITY RELATIONS; VP DEAN INSTITUTE HEALTH SCIENCES AND TECHNOLOGY; AND VP AND ASSOC PROVOST FOR DIVERSITY AND INCLUSION. THE EXECUTIVE COMPENSATION SUBCOMMITTEE 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 SUBCOMMITTEE REPORTS ANNUALLY TO THE FINANCE COMMITTEE AND TO THE FULL BOARD CONCERNING THE EVALUATION OF OFFICERS AND THE ESTABLISHMENT OF THEIR COMPENSATION. |
| Governing documents, conflict of interest policy and financial statements available to the public | Form 990, Part VI, Section C, Line 19 | 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 MANUAL. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5257 W HENRIETTA ROAD LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5257 W HENRIETTA RD | AddressLine1 |
| City | HENRIETTA | City |
| State | NY | State |
| ZIP Code | 14586 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161609483 | EIN |
| Primary Activities | OWN REAL PROPERTY | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Total Income | 5566830 | TotalIncome |
| EOY Assets | 22979076 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Address Line1AddressForeign/AddressLine1 | Province Or StateAddressForeign/ProvinceOrState | CountryAddressForeign/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RIT GLOBAL DELIVERY CORPORATION | |||||||||||||
| 7 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | EDUCATIONAL PURPOSES | NY | 501(C)(3) | 11 - Type II | NA | false | ||||
| AMERICAN COLLEGE OF MANAGEMENT AND TECHNOLOGY | |||||||||||||
| EDUCATIONAL PURPOSES | 501(C)(3) | 2 | RIT GLOBAL DELIVERY CORPORATION | false | DON FRANA BULIKA 6 | DUBROVNIK | HR | HR | |||||
| RIT HIGH TECHNOLOGY INCUBATOR | |||||||||||||
| 7 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | TECH TRAINING SMALL BUS | NY | 501(C)(3) | 11 - Type II | NA | false | ||||
| RIT CAMPUS CLUB | |||||||||||||
| 39 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | SUPPORT RIT | NY | 501(C)(3) | 11 - Type II | NA | false | ||||
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIT VENTURE FUND | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 LOMB MEMORIAL DRIVE | AddressLine1 |
| City | ROCHESTER | City |
| State | NY | State |
| ZIP Code | 14623 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | INVESTMENTS | PrimaryActivity |
| Legal Domicile State | DE | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCHESTER INSTITUTE OF TECHNOLOGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | UNRELATED | PredominantIncomeType |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 5500 | ShareOfEOYAssets |
| Disproportionate Allocations | true | DisproportionateAllocations |
| Code V | $0 | CodeVAmount |
| General Or Managing Partner | false | GeneralOrManagingPartner |
| Percentage Ownership | 1 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| RIT CAMPUS CLUB | |
| A | 678756 |
| RIT CAMPUS CLUB | |
| L | 2372412 |
| RIT GLOBAL DELIVERY CORPORATION | |
| R | 1421790 |
| RIT VENTURE FUND I LLC | |
| B | 348395 |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | RIT VENTURE FUND I, LLC WAS CREATED TO MAKE INVESTMENTS IN SEED, VENTURE, AND GROWTH-STAGE COMPANIES THAT INVOLVE RIT STUDENTS, FACULTY, TECHNOLOGIES, OR INCUBATORS OR SIMILAR FACILITIES GENERATED BY, CONNECTED WITH, OR SPUN-OUT FROM RIT. | Explanation |
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