2012-05-14T10:47:18-05:00 2011-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2010-07-01 131913988 F I T STUDENT FACULTY CORPORATION FITS 2122173603 227 WEST 27TH STREET NEW YORK NY 10001 SHERRY BRABHAM 2012-05-11 2127589700 2010 2016-02-24 21:20:13Z CONNIE PASSARELLA 227 WEST 27TH STREET NEW YORK NY 10001 819017 false X WWW.FITNYC.EDU X 1958 NY TO PLAN, DEVELOP AND CARRY OUT PROGRAMS FOR THE BETTERMENT OF THE COLLEGE LIFE OF THE STUDENTS AND FACULTY OF THE FASHION INSTITUTE OF TECHNOLOGY. 9 3 36 0 0 0 0 0 857035 804034 14179 14521 4772 462 875986 819017 43205 40000 0 0 537588 553224 0 0 0 164777 231613 745570 824837 130416 -5820 1273559 1242451 243057 217769 1030502 1024682 OPERATIONS OF FOOD SERVICE, BOOKSTORE AND VENDING MACHINES FOR THE COLLEGE, AS WELL AS PROVIDING FUNDS TO ENRICH COLLEGE EDUCATIONAL AND SOCIAL PROGRAMS. false false 435479 40000 804034 OPERATION OF FOOD SERVICE AND BOOKSTORE FOR THE COLLEGE, AS WELL AS PROVIDING FUNDS TO ENRICH COLLEGE EDUCATIONAL AND SOCIAL PROGRAMS. 435479 true false false false false false false false false false false false true false false true true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true 0 0 36 true false false false false false false false false false false X 9 3 false false false false false false false true true false false true true true true true true false false false X JOHN J JOHNSTON 2122173602 236 WEST 27TH STREET 5TH FL NEW YORK NY 10001 X SHERRY BRABHAM 2.0 X 0 246700 36854 SHARI PRUSSIN 2.0 X 0 177196 40475 TAUR ORANGE 2.0 X 0 88370 29896 MELISSA KEULMAN 2.0 X 0 0 0 CONNIE PASSARELLA 2.0 X X 0 106746 32594 VICTORIA COLUMBO 2.0 X 0 0 0 MELANIE HOOVEN 6.0 X X 0 97066 25121 BARRY FISHER 2.0 X 721 141881 38117 DANIKA FRALEY 2.0 X 0 0 0 MARY OLENICZAK 35.0 X 101571 0 25278 102292 857959 228335 1 false true false ARAMARK CORP 227 WEST 27TH STREET NEW YORK NY 10001 FOOD SERVICES 324720 1 0 NET SPACE RENTAL INCOME 532000 423733 423733 BOOKSTORE REVENUE 900099 130000 130000 FOOD SERVICE REVENUE 900099 145111 145111 VENDING MACHINE REVENUE 900099 105190 105190 804034 14521 14521 0 0 0 0 0 0 OTHER INCOME 900099 462 462 462 819017 804034 14983 40000 40000 0 0 0 0 0 431764 236320 195444 0 15432 8446 6986 74260 40645 33615 31768 17388 14380 0 300 300 21600 21600 0 0 0 0 20161 20161 97028 22900 74128 0 0 0 0 0 48952 47918 1034 0 0 0 41590 41590 TRAINING 1982 1701 281 824837 435479 389358 0 5255 5255 139913 37715 1670 18620 1126721 1180861 1273559 1242451 157677 179795 85380 37974 243057 217769 X 1030502 1024682 1030502 1024682 1273559 1242451 -5820 X false true true X false X 907555 866655 1168838 857035 804034 4604117 907555 866655 1168838 857035 804034 4604117 4604117 5421 14670 15392 14179 14521 64183 5421 14670 15392 14179 14521 64183 523 8635 0 4772 462 14392 913499 889960 1184230 875986 819017 4682692 0.98322 0.98240 0.01371 0.01100 X OTHER INCOME CLAIM ON POOLED CASH 1180861 1180861 819017 824837 -5820 -5820 819017 819017 819017 824837 824837 824837 true FASHION INSTITUTE OF TECHNOLOGY 227 WEST 27TH STREET NEW YORK NY 10001 132556338 NEW YORK CITY 40000 0 FIT LIBRARY EQPMNT 1 Part I, Line 2 THE GRANT IS PROVIDED TO A RELATED ENTITY, FASHION INSTITUTE OF TECHNOLOGY. ALL DISBURSEMENTS OF GRANTS ARE APPROVED BY COMPETENT AUTHORITY AND PROCESSED BY ACCOUNTS PAYABLE ACCORDING TO CURRENT INTERNAL CONTROL PROCESSES. false false false false false false false false false SHERRY BRABHAM 0 246700 0 0 0 0 0 19698 0 17156 0 283554 0 0 SHARI PRUSSIN 0 177196 0 0 0 0 0 23319 0 17156 0 217671 0 0 BARRY FISHER 721 141881 0 0 0 0 0 20961 0 17156 721 179998 0 0 FORM 990, PART VI, SECTION B, LINE 11A THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH THE ORGANIZATION'S STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM WAS THEN CAREFULLY REVIEWED BY OFFICERS OF THE ORGANIZATION. A COMPLETE COPY OF THE FINAL VERSION OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. QUESTIONS WERE REFERRED TO THE CHIEF FINANCIAL OFFICER FOR RESPONSE. FORM 990, PART VI, SECTION B, LINE 12C: ON AN ANNUAL BASIS, DIRECTORS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A DISCLOSURE STATEMENT. THE CONFLICT OF INTEREST POLICY AND DISCLOSURES ARE MONITORED BY THE TREASURER OF THE ORGANIZATION WITH ASSISTANCE FROM F.I.T.'S CONTROLLER. APPROPRIATE ACTION IS TAKEN BASED ON THE NATURE OF THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S DOCUMENTS INCLUDING ITS APPLICATION FOR TAX EXEMPT STATUS, FORM 990, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: OVERSIGHT, REVIEW AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEAR. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:SHERRY BRABHAM TITLE:BOARD MEMBER-ADMIN HOURS:38 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:SHARI PRUSSIN TITLE:BOARD MEMBER- ADMIN HOURS:38 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:TAUR ORANGE TITLE:BOARD MEMBER-FACULTY HOURS:38 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CONNIE PASSARELLA TITLE:PRESIDENT HOURS:38 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MELANIE HOOVEN TITLE:TREASURER HOURS:34 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BARRY FISHER TITLE:BOARD MEMBER-FACULTY HOURS:38 FASHION INSTITUTE OF TECHNOLOGY 227 WEST 27TH STREET NEW YORK NY 10001 132556338 EDUCATION NY N/A N/A FIT STUDENT HOUSING CORPORATION 227 WEST 27TH STREET NEW YORK NY 10001 133263493 DORMITORY NY 501(C)(3) 9 FIT FIT STAFF HOUSING CORPORATION 227 WEST 27TH STREET NEW YORK NY 10001 132837903 DORMITORY NY 501(C)(3) 11a FIT false true false false false false false false false false false false false false false false false false FASHION INSTITUTE OF TECHNOLOGY B 40000