2011-04-28T09:03:45-07:00 2010-06-30 990 2009-07-01 150543659 CLARKSON UNIVERSITY CLAR 3152687258 8 Clarkson Avenue Box 5546 Potsdam NY 136995546 James Fish 3152683859 2011-04-29 2009 2016-02-24 21:20:13Z Anthony G Collins 8 Clarkson Avenue Box 5500 Potsdam NY 136995500 204658147 0 X WWW.CLARKSON.EDU X 1896 NY Provide education for precollegiate, undergraduate, graduate and professional continuing education programs, and to engage in high quality research and scholarship. 33 32 2510 618 -13854 -72601 31170649 30220067 105947544 118445499 -5162105 870078 3874366 3488359 135830454 153024003 46669533 56293000 0 0 59410893 59515650 0 0 2549213 35549710 42032304 141630136 157840954 -5799682 -4816951 278830723 312924809 76431061 96947872 202399662 215976937 Clarkson University is an independent, nationally recognized technological university whose faculty of teacher-scholars aspires to offer superior instruction and engage in high-quality research and scholarship in engineering, business, science, health, and liberal arts. Our primary mission is to educate talented and motivated men and women to become successful professional through quality precollegiate, undergraduate, graduate, and professional continuing education programs, with particular emphasis on the undergraduate experience. Our community and campus settings enhance the quality of student life and afford students access to and interaction with their faculty. We value the diversity of our University community, and we strive to attune ourselves and our programs to our global, pluralistic society. We share the belief that humane economic and social development derive from the expansion, diffusion, and application of knowledge. 0 0 131846332 55924603 95854541 Higher Education: Provide instruction, research, public service, campus support, etc. for undergraduate and graduate student. (3,149 FTE students) 11257006 368397 21892809 Extracurricular programs, general/other auxiliary enterprises such as housing, dining, and recreational services for its students. (3,149 FTE students) 0 0 0 143103338 1 0 0 1 0 0 0 1 1 1 0 1 1 0 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 0 1 210 0 1 2510 1 1 1 0 0 0 0 0 0 0 0 33 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X James D Fish Interim CFO 3152686689 8 Clarkson Ave 5546 Potsdam NY 136665546 TERRY L BROWN 1 X 0 0 0 BAYARD D CLARKSON SR 1 X 0 0 0 JOHN D CORRENTI 1 X 0 0 0 CHARLES R CRAIG 1 X 0 0 0 JASON R CURRIE 1 X 0 0 0 KAREL K CZANDERNA 1 X 0 0 0 LAWRENCE J DELANEY 1 X 0 0 0 ELIZABETH A FESSENDEN 1 X 0 0 0 JUDITH J FOSTER 1 X 0 0 0 RICHARD GRIFFITH 1 X 0 0 0 DANIEL C HEINTZELMAN 1 X 0 0 0 WILLIAM F HELMER 1 X 0 0 0 DIANNA JONES HERRMANN 1 X 0 0 0 THOMAS E HOLLIDAY 1 X 0 0 0 MICHAEL JESANIS 1 X 0 0 0 JOHN B JOHNSON JR 1 X 0 0 0 GEORGIA KERESTY 1 X 0 0 0 JOHN R LAING 1 X 0 0 0 EARL LEWIS 1 X 0 0 0 JAMES T MILDE 1 X 0 0 0 KEVIN T PARKER 1 X 0 0 0 JAMES R RANSOM 1 X 0 0 0 FRANK R SCHMELER 1 X 0 0 0 SCOTT D SMITH 1 X 0 0 0 JEAN E SPENCE 1 X 0 0 0 DAVID A TAYLOR 1 X 0 0 0 STEVEN M TRITMAN 1 X 0 0 0 JAMES F WOOD 1 X 0 0 0 MARY KAY WOODS 1 X 0 0 0 AMY CASTRONOVA 1 X 0 0 0 JOHN M BRILBECK 1 X 0 0 0 STEPHEN D RYAN 1 X 0 0 0 ROBERT R ZIEK JR 1 X 0 0 0 ANTHONY G COLLINS 50 X 445524 0 53156 NANCY E KIN 50 X 205611 0 24395 THOMAS C YOUNG 40 X 173390 0 21666 TIMOTHY F SUGRUE 40 X 258519 0 32998 GOODARZ AHMADI 40 X 205474 0 24780 PETER TURNER 40 X 177641 0 30197 ELWOOD LEONARD 40 X 199226 0 32345 GARD MESERVE 40 X 185134 0 31162 V SURYADEVARA 40 X 246793 0 33874 JAMES S BONNER 40 X 259016 0 44318 PHILIP HOPKE 40 X 212098 0 31801 FARZAD MAHMOODI 40 X 232016 0 47785 EVGENY KATZ 40 X 170081 0 26780 VLADIMIR PRIVMAN 40 X 161873 0 25563 3132396 0 460820 90 1 1 0 Pizzagalli Constructino Company 50 Joy Drive South Burlington VT 05407 Construction Manager 12995464 Aramark Corporation Aramark Towers 1101 Market Street Philadelphia PA 19107 Food Services 5004487 UW Marx Inc 20 Gurley Avenue Troy NY 12182 Construction Manager 4687258 Perkins & Will 55 Court Street Boston MA 02108 Architect Design Services 1140675 Luck Builders Inc 73 Trode Road Plattsburgh NY 12901 Construction Services 1070525 21 0 0 0 0 18853796 11366271 1728525 30220067 Tuition and Fees 611310 95854541 95854541 0 0 Auxiliary Enterprises - Room 721000 13299392 13299392 0 0 Auxiliary Enterprises - Board 722320 8367188 8367188 0 0 Auxiliary Enterprises - Other 900099 226229 226229 0 0 Conferences & Workshops 611310 637524 637524 0 0 60625 0 0 60625 118445499 2734410 0 -63596 2798006 0 0 0 0 59752 0 0 59752 0 0 49769812 0 51612185 21959 -1842373 -21959 -1864332 0 0 -1864332 0 Program Registration Fees 611310 569146 569146 0 0 Athletic Revenue 711210 464020 0 0 464020 Space Rental 532000 346384 346384 0 0 2049057 1931947 49742 67368 3428607 153024003 121232351 -13854 1585439 0 0 55941430 55941430 351570 351570 0 0 2089258 953660 908686 226912 0 0 0 0 43629169 39718316 2745319 1165534 2819593 2421978 289722 107893 8117023 6972888 833672 310463 2860607 2457208 293936 109463 0 0 0 0 267035 2000 265035 0 158350 0 158350 0 0 0 0 0 0 0 371632 371632 0 0 1301250 1105308 103647 92295 764670 652026 111601 1043 0 0 0 0 0 0 0 0 0 0 0 0 5130447 4959304 171143 0 2165877 1843618 168062 154197 0 0 0 0 0 0 0 0 2069689 2068826 863 0 0 0 0 0 5989544 5466868 366905 155771 660377 56930 603447 0 Supplies 4216958 3900084 276465 40409 Food Service 4324276 4324276 0 0 Research Sub-contracts 2215790 2215790 0 0 Database Journals 723668 720000 3668 0 Equipment Rental 746241 623746 122345 150 10926500 5975880 4765537 185083 157840954 143103338 12188403 2549213 0 0 10639236 14823354 4543667 5400245 7471201 7822852 10439 5839 0 0 0 0 348443 329640 883364 920678 221290193 94249772 106125288 127040421 97700034 97282600 37838700 45059682 12004543 12951528 0 0 1265808 1287970 278830723 312924809 5412111 8102813 0 0 1860626 1696552 29207502 28635318 1075554 1147832 0 0 3999880 18466540 573364 360010 34302024 38538807 76431061 96947872 X 94981448 104471177 7870623 9834573 99547591 101671187 202399662 215976937 278830723 312924809 X 0 1 1 X 1 1 X 1 1 0 1 8231 0 1 10510 1 103815 0 0 122556 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The university through the Association of Governing Boards, contacts the Board of Trustees periodically to urge them to contact their legislators regarding funding support issues such as New York State (NYS) Bundy aid and NYS Tuition assistance program. Alumni are also periodically encouraged to contact their state and federal representatives. The president, chief financial officer and government relations officer sign official communications including lobbying appeals. The university's governmental relations office has a full time director and a part time secretary. The office is principally responsible for monitoring government action at the local, state, and federal level, reporting significant actions which impact the university to appropriate offices and where appropriate lobbying legislative and executive bodies. The vast majority of lobbying communications and direct contacts with legislators or legislative staff members emanates from this office. The university conveyed their position on various state and federal issues, miscellaneous economic development issues, energy, and environmental issues. 0 1 131479343 1859931 17859531 7749168 406249 0 143043388 170041779 4278012 -34352083 7435443 1052922 0 131479343 0.3114 0.6883 0.0003 0 0 16000 4660591 4676591 0 158535337 71202655 87332682 0 0 0 0 0 32834491 23047117 9787374 0 25243774 0 25243774 127040421 0 1658008 F Hedge Funds 21386452 F Private equities 5526122 F Venture Capital 2767398 F Real assets (commodities) 7728390 F International equities 5993312 F 45059682 Student loans 9221134 F Notes receivable other 2632857 F Life Insurance Policies 1097537 F 12951528 Prepaid bond issuance costs 684777 Mausoleum Trust 603193 1287970 0 Federal & Other Loan Programs 6675954 Conditional asset retirement obligation 6726859 Post retirement benefit 17741664 Present value of annuities payable 2977120 Other deferred revenue 2948843 Loan pledge liability 907079 Miscellaneous 561288 38538807 153024003 157840954 -4816951 18217922 0 0 0 176304 18394226 13577275 172741740 18217922 0 0 1541880 19759802 152981938 0 42065 42065 153024003 159164465 0 0 0 1361689 1361689 157802776 0 38178 38178 157840954 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b The University assists the Student Association by providing custodian support for their receipts and disbursements. Also, the University is the fiduciary of a perpetuity trust. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The intended uses of the University's endowment fund is to support the University's students directly through financial aid, as well as, indirectly through support of operation costs and research endeavors. SchD_P10_S00_L00 Schedule D, Part X The financial statements do not provide for income taxes as the university is tax-exempt under Section 501 (c) (3) of the Internal Revenue Code. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Net gains or losses related to pass-through investments ($3,887) Net income on related entity $180,191 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Related entity revenue. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Pass-through investment revenue. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Related entity expenses. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Pass-through investment expenses. 1 1 1 The university publicizes its racially nondiscrimination policy within all job announcements, as well as, all other public announcements and publications the university publishes. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The university receives federal, state and local funds for both student financial assistance and for research and development awards. 1 1 Europe (including Iceland and Greenland) 0 0 Grantmaking 182674 East Asia and the Pacific 0 0 Grantmaking 168897 Europe (including Iceland and Greenland) 0 0 Program Services Global business program provides business instruction in international setting. 101233 East Asia and the Pacific 0 0 Program Services Global business program provides business instruction for international setting. 56337 East Asia and the Pacific 0 0 Program Services Provide research experience for undergraduate students. 53102 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Global business program provides business instruction in international setting. 11700 South Asia 0 0 Program Services Global business program provides business instruction in international setting. 8264 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Provide research experience for undergraduate students. 5562 Europe (including Iceland and Greenland) 0 0 Program Services Sub-award to collaborate on research 15000 Central America and the Caribbean 0 0 Investments 0 0 602769 Europe (including Iceland and Greenland) Research sub-award 15000 Wire transfer 0 Europe (including Iceland and Greenland) Provide housing and travel for Global Business Program students. 9390 Credit card 0 Europe (including Iceland and Greenland) Provide housing and travel for Global Business Program students. 29523 Wire transfer 0 Europe (including Iceland and Greenland) Provide housing and travel for Global Business Program students. 27500 Check 0 East Asia and the Pacific Provide housing and travel for Global Business Program students. 32468 Wire transfer 0 East Asia and the Pacific Provide housing and travel for Global Business Program students. 7289 Credit card 0 0 6 Scholarship East Asia and the Pacific 17 168897 Credited student accounts receivable 0 Scholarship Europe (including Iceland and Greenland) 20 182674 Credit on student accounts receivable 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The university monitors the use of grant funds for research sub-awards outside the United States by requiring technical reports to our university which are reviewed and approved by the university before submitting payment. We also have a comprehensive monitoring process by which all subrecipients are evaluated prior to obtaining an award. Program service funds are expended research experience for undergraduates are pre-approved by the funding agency and technical reports are submitted upon completion of trip for review and approval. All university expenditure guidelines are followed before payments are disbursed for program expenditures. Grant funds are verified in the student financial aid process according to the university procedures and distributed as credits to student receivable accounts at the university. SchF_P01_S00_L03 Schedule F, Part I, Line 3 Global business program provides business instruction in international setting. The university also has staff who attend conferences and present papers related to their research; however, the university accounting system does not capture data specific to foreign travel for those who are presenters at these conferences thus no activity was noted on Part I line 3 for this. 1 Alumni Scholarship 13 38315 0 Clarkson Honoraries 40 688987 0 Clarkson Veteran Scholarship 3 1952 0 Endowed/Sponsored/Government Awards 6817 2442611 0 Fellowship - Tuition Remission 12 126795 0 Foreign Exchange Students 55 868717 0 Graduate Assistant 2 9860 0 Graduate Trustee Scholarship 1 967 0 Grant in Aid 48 1595804 0 National Merit Scholarship 88 668307 0 Partial Tuition 60 263865 0 Research Assistant - Tuition Remission 368 2673744 0 Resident Advisors - Allowance 46 413320 0 Room, Board and Maintenance 263 112305 0 Supplemental Financial Aid Summer 9 54774 0 Supplementary Trustee Scholarship 55 1411429 0 Teaching Assistant Scholarship 87 1394177 0 Trustee Scholarship 2529 43175492 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The university provides funding to faculty for research and other projects and to students for research and other projects. Expenses must be substantiated under the Accountable Plan to ensure proper use of funds. The university sometimes provides operating funds to collaborative organizations and charitable foreign organizations, which are not monitored beyond the original grant determination process. SchI_P03_S00_L00 Schedule I, Part III The university provides funding to faculty for research and other projects and to students for research and other projects. Expenses must be substantiated under the Accountable Plan to ensure proper use of funds. The university sometimes provides operating funds to collaborative organizations and charitable foreign organizations, which are not monitored beyond the original grant determination process. X X X 0 1 X X X X 0 0 0 0 0 0 0 0 0 ANTHONY G COLLINS 356313 0 50000 0 39211 0 21920 0 35284 0 502728 0 0 0 NANCY E KIN 205508 0 0 0 103 0 18960 0 5660 0 230231 0 0 0 TIMOTHY F SUGRUE 258416 0 0 0 103 0 19000 0 14223 0 291742 0 0 0 GOODARZ AHMADI 205169 0 0 0 305 0 18150 0 6855 0 230479 0 0 0 ELWOOD LEONARD 197307 0 0 0 1919 0 18347 0 14223 0 231796 0 0 0 GARD MESERVE 185098 0 0 0 36 0 17164 0 14223 0 216521 0 0 0 THOMAS C YOUNG 173231 0 0 0 158 0 16004 0 5887 0 195280 0 0 0 PETER TURNER 177482 0 0 0 158 0 14699 0 15723 0 208062 0 0 0 V SURYADEVARA 246489 0 0 0 305 0 17896 0 16203 0 280893 0 0 0 JAMES S BONNER 258961 0 0 0 55 0 15195 0 29348 0 303559 0 0 0 PHILIP HOPKE 212098 0 0 0 0 0 17803 0 14223 0 244124 0 0 0 FARZAD MAHMOODI 231980 0 0 0 36 0 16127 0 31883 0 280026 0 0 0 EVGENY KATZ 169978 0 0 0 103 0 12032 0 14973 0 197086 0 0 0 VLADIMIR PRIVMAN 161818 0 0 0 55 0 11565 0 14223 0 187661 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Travel for companions and gross up payment benefits were provided to an officer of the university. These benefits were provided as taxable compensation. A residence for personal use was provided to the president and was not taxable based on section 119 of IRC. SchJ_P01_S00_L01b Schedule J, Part I, Line 1b The university has a written policy regarding travel for companions which includes appropriate approval process. The university does not have a written policy regarding gross up payments; however, these transactions are infrequent and are approved by the board of trustees. The university provides a residence on-campus for the president as a convenience to the university and as part of the president's employment agreement is required to reside there. St Lawrence County Industrial Development Agency 160991238 791097DU9 2003-04-01 6137145 Dormatory renovation, refund prior issue 11/6/1990 0 0 St Lawrence County Industrial Development Agency 160991238 791097EKO 2007-03-14 26216868 Refund prior issue 6/15/1999 & 8/1/2001, purchase phone system 0 0 3604285 409806 0 0 122742 429208 673309 2003 1 0 1 1 1102517 1252556 0 0 359740 0 3604285 2007 1 1 1 1 0 0 0 0 1 0.0264 0 0.0264 1 0 0 0 0 1 0.0268 0 0.0268 1 0 1 0 0 0 0 0 1 0 0 0 0 Elwood Leonard Personal X 23000 5839 0 0 1 5839 Student Family Member of Trustee Research assistantship Student Family Member of Officer Research assistantship X 2 Nominal value X 48 952735 avg date of contribution X 1 100013 avg date of contribution X 1 26596 Fair market value X Spectrometer 1 182927 Fair market value X Clean Room 1 140000 Fair market value X Digester 1 326254 Fair market value X Trees 1 1 Nominal value 1 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b All publicly traded stock received as contributions to the university are sold by an investment firm. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Bayard D Clarkson Sr. a current trustee and Bayard D Clarkson Jr. a former trustee have a family relationship. Elizabeth A Fessenden a current trustee and Terry Brown a current trustee have a business relationship. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The following process was observed by the university regarding the IRS form 990: The return was prepared by management with a review performed by a qualified tax consultant; a draft was presented to the audit committee of the board of trustees for review and approval; a copy of the final return was distributed to all board members before electronically filing the return with the Internal Revenue Service. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c All trustees, officers, and key employees are required to annually complete a conflict of interest statement. The statements are reviewed by the chair of the audit committee and addressed in governance meetings as needed. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The university's top management official is the President, the Chief Financial Officer is the Treasurer of the corporation and the key employees are as follows: Provost, Vice President of Development and Alumni, Director of Facilities & Services, Dean of Engineering, Dean of Arts & Sciences, and Dean of Business. The above positions compensation packages are reviewed and approved by the executive committee of the board of trustees. The committee conducts a comprehensive review by using data from multiple sources (most notably AITU data and salaries posted in the Chronicle of Higher Education) for comparable universities. Input was solicited from the full board into the executive committee deliberations. This was documented in the minutes of the board of trustees. This process is performed annually. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The university posts its conflict of interest policy on its website in the Operations Manual found under Human Resources link. The consolidated financial statements, IRS Form 990 and 990T, and governance documents are made available upon request. The IRS Form 990 is also available on another's website. JR Weston Inc PO Box 333 Potsdam NY 13676 150490300 Hotel NY N/A C 1541031 1960236 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 JR Weston Inc o 56074