2014-05-14T10:00:25-05:00 2013-06-30 990 2012-07-01 160743140 ROCHESTER INSTITUTE OF TECHNOLOGY ROCH 5854752383 7 Lomb Memorial Drive Rochester NY 146235603 JAMES H WATTERS 2014-05-13 2012 2015-11-30 17:44:51Z WILLIAM DESTLER 7 Lomb Memorial Drive Rochester NY 146235603 839141242 false X WWW.RIT.EDU X 1829 NY 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. 56 52 12356 3400 5066916 -1510826 133615147 122862530 470360956 495271400 46724958 32222476 9226456 11236733 659927517 661593139 139791948 150390728 0 0 311251659 320731732 0 0 8771207 158840317 165778660 609883924 636901120 50043593 24692019 1490565991 1603679040 485079509 543810199 1005486482 1059868841 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. false false 427157433 146657188 408982626 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. 116078056 41586 81097790 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. 40713575 3691954 5190984 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. 583949064 true false false true false true true false true true true false false true true false true true false true false false false true false false true true true true false false false false false false false false true true true true false false true true true true false false true 1002 0 true 12356 true true true true HR false false false true true false false false false X 56 52 true false false false false false false true true false false true true true true true true true true false CA NY X X Lyn Kelly 5854752383 7 Lomb Memorial Drive Rochester NY 146235603 WILLIAM W DESTLER 40.00 0.10 X X 808011 0 89535 ANDREW N BRENNEMAN 0.10 X 0 0 0 ANN L BURR 0.10 X 0 0 0 ANNE M SEVIER-BUCKINGHAM 0.10 X 0 0 0 ARTHUR A GOSNELL 0.10 X 0 0 0 B THOMAS GOLISANO 0.10 X 0 0 0 BRIAN H HALL 0.10 X 0 0 0 BRIAN P O'SHAUGHNESSY 0.10 X 0 0 0 BROOKS H BOWER 0.10 X 0 0 0 CARL E SASSANO 0.10 X 0 0 0 CHARLES S BROWN JR 0.10 X 0 0 0 CHESTER N WATSON 0.10 X 0 0 0 CHRISTINE B WHITMAN 0.10 0.10 X 0 0 0 DAVID J BURNS 0.10 X 0 0 0 DONALD J TRUESDALE 0.10 X 0 0 0 DONALD N BOYCE 0.10 X 0 0 0 ESSIE L CALHOUN-MCDAVID 0.10 X 0 0 0 FRANK S HERMANCE 0.10 X 0 0 0 FRANK S SKLARSKY 0.10 X 0 0 0 GARY J LINDSAY 0.10 X 0 0 0 GERARD Q PIERCE 0.10 X 0 0 0 HAROLD M MOWL JR 0.10 X 0 0 0 HARRY P TRUEHEART III 0.10 X 0 0 0 JANET F SANSONE 0.10 X 0 0 0 JAY T HOLMES 0.10 0.10 X 0 0 0 JEFFREY K HARRIS 0.10 X 0 0 0 JOSEPH M LOBOZZO II 0.10 X 0 0 0 JOYCE B KLEMMER 0.10 X 0 0 0 JUDY B VON BUCHER 0.10 X 0 0 0 KATHLEEN C ANDERSON 0.10 X 0 0 0 KEVIN J SURACE 0.10 X 0 0 0 KIM E VANGELDER 0.10 X 0 0 0 KRAIG H KAYSER 0.10 X 0 0 0 MARK C CLEMENT 0.10 X 0 0 0 NANCY L FEIN 0.10 0.10 X 0 0 0 RICARDO A VENEGAS 0.10 X 0 0 0 RICHARD A KAPLAN 0.10 0.10 X 0 0 0 RICHARD E SANDS 0.10 X 0 0 0 ROBERT D MOORE JR 0.10 0.10 X 0 0 0 ROBERT D WAYLAND-SMITH 0.10 X 0 0 0 ROBERT DOBIES 0.10 X 0 0 0 ROBERT W RICE 0.10 X 0 0 0 RONALD L ZARRELLA 0.10 X 0 0 0 ROOSEVELT MERCER JR 0.10 X 0 0 0 SAMUEL T HUBBARD JR 0.10 X 0 0 0 SANDRA A PARKER 0.10 X 0 0 0 SHARON TING 0.10 X 0 0 0 STEPHEN L SCHULTZ 0.10 X 0 0 0 SUSAN J RILEY 0.10 X 0 0 0 SUSAN M PUGLIA 0.10 X 0 0 0 SUSAN R HOLLIDAY 0.10 X 0 0 0 THOMAS F JUDSON JR 0.10 X 0 0 0 THOMAS S RICHARDS 0.10 X 0 0 0 WILLEM APPELO 0.10 0.10 X 0 0 0 WILLIAM A BUCKINGHAM 0.10 X 0 0 0 WOLFGANG PFIZENMAIER 0.10 X 0 0 0 DANIEL ORNT 40.00 X 385062 0 29814 DEBORAH M STENDARDI 40.00 X 228123 0 40308 GERARD BUCKLEY 40.00 X 279483 0 64937 JAMES G MILLER 40.00 0.10 X 329612 0 39375 JAMES H WATTERS 40.00 0.10 X 429929 0 81196 JEREMY A HAEFNER 40.00 0.10 X 421315 0 94531 KAREN A BARROWS 40.00 X 110697 0 19258 KATHERINE J MAYBERRY 40.00 X 220018 0 36165 KEVIN MCDONALD 40.00 X 222432 0 77447 LISA A CAUDA 40.00 X 277136 0 37521 MARY-BETH A COOPER 40.00 X 256948 0 42428 RYNE RAFFAELLE 40.00 X 249177 0 52071 ANDREW SEARS 40.00 X 277995 0 51619 DONALD F FIGER 40.00 X 261112 0 35263 DONALD O BAKER 40.00 X 247007 0 23970 JOHN R SCHOTT 40.00 X 248002 0 40202 NABIL Z NASR 40.00 X 379455 0 45163 5631514 0 900803 431 false true false 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 15 27411 99028090 23807029 5871369 122862530 TUITION 900099 413554531 413554531 AUXILIARY SERVICES 721000 64999858 64999858 RESEARCH 900099 2322076 411269 1910807 NONCREDIT INSTRUCTION 900099 4011050 4011050 FEES 713990 1873275 1873275 8510610 6796363 345073 1369174 495271400 11767953 -190722 11958675 484587 484587 367550 367550 517142 266547 250595 0 250595 11395 239200 197154588 38001 174282886 2939767 22871702 -2901766 19969936 19969936 35066 27411 58903 -23837 -23837 0 0 RIT INN AND CONFERENCE CENTER 721110 3981528 3981528 BOOKSTORE COMMISSIONS 451211 971660 971660 MARGARET'S HOUSE 624410 765357 765357 4923880 4363094 519768 41018 10642425 661593139 428736433 5066916 104927260 366660 366660 150024068 150024068 0 0 4373119 1374963 2329962 668194 0 241693933 218307539 18694961 4691433 18578072 16485991 1751732 340349 39743401 35830186 2084812 1828403 16343207 14502795 1541006 299406 333080 140913 192167 1022839 259234 737569 26036 266407 1257 265150 350490 336171 14319 0 181175 181175 29887814 25814761 4006938 66115 924722 877248 32873 14601 37360641 33629171 3423882 307588 5786718 5314180 391387 81151 26044 26044 11648069 11104818 543251 11357044 9903105 1067978 385961 0 3015 3015 9209286 8745096 464190 0 34552361 31479990 3072371 1612554 1538683 73871 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 8295460 5339503 2891436 64521 636901120 583949064 44180849 8771207 0 18417483 6009741 34671972 59423228 40729046 32210888 59402124 61180211 0 0 1922401 1499756 6194082 8603897 1016470836 398354278 580858133 618116558 317832095 331891033 427687458 479901354 0 0 2851197 4842374 1490565991 1603679040 54800977 45611544 26382322 22688143 222912046 297450507 0 180984164 178060005 485079509 543810199 659256194 701485239 213088798 220303251 133141490 138080351 1005486482 1059868841 1490565991 1603679040 24692019 29690340 0 X false true X true true true X 0 379134 379134 0 583569930 583949064 0 1000000 0 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 442558 424301 395962 379134 1641955 250000 250000 250000 250000 1000000 1500000 32790 20957 0 0 53747 X X 1 32 1 false 83600 8655385 13906 X X X EDUCATION true 628328362 4654227 62099043 6636972 19112753 669331907 640962040 1676001 11769898 6708063 19371514 628328362 559539414 6852732 97039041 5751946 16717201 640962040 530411586 6116934 44168388 5809130 15348364 559539414 671482363 13217807 -130157738 6129443 18001403 530411586 0.52300 0.20300 0.27400 true false 10714830 10714830 856676987 315686674 540990313 0 134313789 82667604 51646185 14765230 14765230 618116558 0 0 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 479901354 0 FAS106 POSTRETIREMENT BENEFITS OBLIGATION 132960869 FEDERAL PERKINS LOAN PROGRAM 21824277 FIN47 ASSET RETIREMENT OBLIGATION 19566875 ALL OTHER LIABILITIES 3707984 178060005 X 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. true true true true true true true false false false false false false false false true false true 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. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 148317174 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS 4746851 0 0 153064025 true true true true true false 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 TIGER OPEN 19840 11700 8140 0 0 6490 5750 0 9334 SCB GOLF TOURN 27255 10661 16594 0 0 13377 585 0 460 1 15382 5050 10332 0 0 2000 6764 200 13943 62477 27411 35066 0 0 21867 13099 200 23737 58903 -23837 true 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 100 CHESTNUT ST SUITE 1910 ROCHESTER NY 14604 100000080 501C3 51250 GENERAL SUPPORT, EVENT SPONSORSHIP 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 SUITE 100 W HENRIETTA NY 14586 161195028 501C3 30000 GENERAL SUPPORT NATIONAL ASSOC OF THE DEAF 8630 FENTON ST SUITE 820 SILVER SPRING MD 20910 941358295 501C3 17000 YOUTH CAMP & CONF SPONSORSHIPS 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 9 1 SCHOLARSHIP 12900 144197839 GRADUATE RESEARCH ASSISTANCE 335 4242781 FELLOWSHIPS 54 455224 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. X X false true X X X X X X false false false false false false false false false WILLIAM W DESTLER 752901 0 45843 0 9267 0 22500 0 67035 0 897546 0 0 0 JEREMY A HAEFNER 404478 0 14515 0 2322 0 22500 0 72031 0 515846 0 0 0 JAMES G MILLER 314810 0 5969 0 8833 0 25000 0 14375 0 368987 0 0 0 JAMES H WATTERS 411339 0 14801 0 3789 0 25000 0 56196 0 511125 0 0 0 MARY-BETH A COOPER 255397 0 109 0 1442 0 24059 0 18369 0 299376 0 0 0 LISA A CAUDA 257542 0 0 0 19594 0 23764 0 13757 0 314657 0 0 0 KEVIN MCDONALD 199101 0 0 0 23331 0 18896 0 58551 0 299879 0 0 0 KATHERINE J MAYBERRY 209578 0 0 0 10440 0 21432 0 14733 0 256183 0 0 0 DEBORAH M STENDARDI 224809 0 0 0 3314 0 23159 0 17149 0 268431 0 0 0 DANIEL ORNT 381228 0 0 0 3834 0 22500 0 7314 0 414876 0 0 0 RYNE RAFFAELLE 247935 0 0 0 1242 0 24302 0 27769 0 301248 0 0 0 GERARD BUCKLEY 277161 0 0 0 2322 0 25000 0 39937 0 344420 0 0 0 DONALD O BAKER 161063 0 0 0 85944 0 16210 0 7760 0 270977 0 0 0 DONALD F FIGER 222861 0 0 0 38251 0 18198 0 17065 0 296375 0 0 0 NABIL Z NASR 377133 0 0 0 2322 0 25000 0 20163 0 424618 0 0 0 ANDREW SEARS 277185 0 0 0 810 0 22500 0 29119 0 329614 0 0 0 JOHN R SCHOTT 244913 0 0 0 3089 0 22220 0 17982 0 288204 0 0 0 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. A DASNY RIT SERIES 2002B 146000293 64983QH51 2006-05-04 15719523 SEE SUPPLEMENTAL INFORMATION true false false B DASNY RIT SERIES 2006A 146000293 64983QF38 2006-05-04 61706239 SEE SUPPLEMENTAL INFORMATION false false false C DASNY RIT SERIES 2008A 146000293 6499034Y4 2008-11-13 84352284 SEE SUPPLEMENTAL INFORMATION true false false D DASNY RIT SERIES 2010 146000293 6499054S2 2010-10-21 83324343 SEE SUPPLEMENTAL INFORMATION false false false 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 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 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 A true B true C true D true 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. A DASNY RIT SERIES 2012A 146000293 649907HM7 2012-12-12 168217368 SEE SUPPLEMENTAL INFORMATION false false false A 0 0 168427078 0 0 109309562 854858 0 0 13638768 75000 44548890 false true false true A false true true false true false 0.00100 0.00100 0.00200 false false 0 false true A false true false false false false 0 false false false 0 false false true A true 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 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. X 5 83600 MARKET VALUE X 40 1726793 MEAN VALUE DATE OF GIFT X 1 1425000 APPRAISAL/FMV X 8 87372 APPRAISAL/FMV X SOFTWARE 7 975380 MARKET VALUE X CONSUMABLES 101 886289 MARKET VALUE X EQUIPMENT 39 668520 MARKET VALUE X OTHER 13 18415 MARKET VALUE 2 false true false 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 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. 5257 W HENRIETTA ROAD LLC 5257 W HENRIETTA RD HENRIETTA NY 14586 161609483 OWN REAL PROPERTY NY 5566830 22979076 NA 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 DON FRANA BULIKA 6 DUBROVNIK HR EDUCATIONAL PURPOSES HR 501(C)(3) 2 RIT GLOBAL DELIVERY CORPORATION false 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 RIT VENTURE FUND 5 LOMB MEMORIAL DRIVE ROCHESTER NY 14623 INVESTMENTS DE ROCHESTER INSTITUTE OF TECHNOLOGY UNRELATED 0 5500 true 0 false 1 true true false false false false false false false false false true false false false false false true true RIT CAMPUS CLUB A 678756 RIT CAMPUS CLUB L 2372412 RIT GLOBAL DELIVERY CORPORATION R 1421790 RIT VENTURE FUND I LLC B 348395 RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP PART III 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.