2023-05-15T09:47:22-05:00 2022-06-30 135565207 KPMG LLP 60 SOUTH STREET BOSTON MA 02111 990 2021-07-01 150543659 CLARKSON UNIVERSITY CLAR 3152682089 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 WILLIAM MCGARRY INTERIM CFO 3152687258 2023-05-15 1 WILLIAM MCGARRY XXX-XX-XXXX GENEVA FURLANO P10877392 6179881000 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MARC CHRISTENSEN 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 316375352 0 X WWW.CLARKSON.EDU X SEE SCHEDULE O PROVIDE EDUCATION FOR UNDERGRADUATE, GRADUATE, AND PROFESSIONAL CONTINUING EDUCATION PROGRAMS, AND TO ENGAGE IN HIGH QUALITY RESEARCH AND SCHOLARSHIP. 32 32 2405 874 -354670 1647 38721615 42338123 200246550 205140343 29635758 12570509 1248186 2194537 269852109 262243512 108579615 113062436 0 0 84655950 88245283 0 0 2502264 48919477 59576963 242155042 260884682 27697067 1358830 497838249 485106590 128517955 133154406 369320294 351952184 X SEE SCHEDULE OCLARKSON 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 PROFESSIONALS THROUGH QUALITY PRE-COLLEGIATE, UNDERGRADUATE, GRADUATE, AND PROFESSIONAL CONTINUING EDUCATIONAL 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 232107678 112482320 174817610 SEE SCHEDULE O 8651218 580116 31598177 EXTRACURRICULAR PROGRAMS, GENERAL/OTHER AUXILIARY ENTERPRISES SUCH AS HOUSING, DINGING, AND RECREATIONAL SERVICES FOR ITS STUDENTS (2,815 FTE STUDENTS). 325366 CONFERENCES & WORKSHOPS 240758896 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 475 0 1 2405 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 32 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X KEITH ROSSER 3152687258 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 ANTHONY BOUCHARD TRUSTEE (AS OF 10/2021) 1.00 X 0 0 0 KENNETH V CAMARCO TRUSTEE 2.00 X 0 0 0 ROBERT A CAMPBELL TRUSTEE 10.00 0.00 X 0 0 0 KATHRYN E CAMPBELL TRUSTEE 2.00 X 0 0 0 SIMOON CANNON TRUSTEE 2.00 X 0 0 0 AMY CASTRONOVA TRUSTEE (AS OF 10/2021) 1.00 X 0 0 0 LAURETTA M CHRYS TRUSTEE 4.00 0.00 X 0 0 0 BAYARD D CLARKSON JR TRUSTEE 2.00 X 0 0 0 BAYARD D CLARKSON SR TRUSTEE 2.00 X 0 0 0 KATHLEEN H CLINE TRUSTEE 2.00 X 0 0 0 CHARLES R CRAIG TRUSTEE 2.00 X 0 0 0 KAREL CZANDERNA TRUSTEE (AS OF 10/2021) 1.00 X 0 0 0 PETER J DEVLIN TRUSTEE 2.00 X 0 0 0 ROBERT A DIFULGENTIZ TRUSTEE 8.00 X 0 0 0 CHRISTINA DUTCH TRUSTEE 4.00 X 0 0 0 DAVID K HEACOCK TRUSTEE 4.00 X 0 0 0 THOMAS L KASSOUF TRUSTEE 12.00 X 0 0 0 GEORGIA KERESTY TRUSTEE 2.00 X 0 0 0 LAWRENCE D KINGSLEY TRUSTEE (THRU 10/21) 1.00 X 0 0 0 SANJEEV R KULKARNI TRUSTEE 2.00 X 0 0 0 KENNETH S LALLY TRUSTEE 2.00 X 0 0 0 EARL R LEWIS TRUSTEE 2.00 X 0 0 0 MICHAEL MARESCA TRUSTEE 2.00 X 0 0 0 JODY A MARKOPOULOS TRUSTEE (THRU 10/2021) 1.00 X 0 0 0 JOHN S MENGUCCI TRUSTEE 4.00 X 0 0 0 RAJAN RAGHAVAN TRUSTEE 2.00 X 0 0 0 NANCY D REYDA TRUSTEE (THRU 10/2021) 3.00 X 0 0 0 CODY A ROSEN TRUSTEE 2.00 X 0 0 0 STEPHEN D RYAN TRUSTEE (THRU 10/2021) 3.00 X 0 0 0 FRANK R SCHMELER TRUSTEE 2.00 X 0 0 0 RAYMOND L SKOWYRA JR TRUSTEE (THRU 10/2021) 7.00 X 0 0 0 JEAN E SPENCE TRUSTEE (AS OF 10/2021) 1.00 X 0 0 0 W ASHLEY TWINING TRUSTEE 2.00 X 0 0 0 DAVID A WALSH TRUSTEE 2.00 X 0 0 0 DENNIS G WELLER TRUSTEE 3.00 X 0 0 0 JAMES F WOOD TRUSTEE 2.00 X 0 0 0 ROBERT R ZIEK JR TRUSTEE 10.00 X 0 0 0 ANTHONY COLLINS PRESIDENT 50.00 1.00 X 805445 0 67595 WILLIAM MCGARRY CHIEF FINANCIAL OFFICER (THRU 2/22) 40.00 2.00 X 264375 0 0 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 50.00 1.00 X 188729 0 50922 KENNETH KLINE CHIEF FINANCIAL OFFICER (AS OF 1/22) 50.00 2.00 X 0 0 0 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 40.00 X 339470 0 39688 AUGUSTINE LADO SENIOR ADVISOR TO THE PRESIDENT 40.00 X 318399 0 59292 ROBYN HANNIGAN PROVOST (THRU 6/22) 40.00 X 338711 0 27841 DARRYL SCRIVEN DEAN OF ARTS & SCIENCES (AS OF 4/21) 40.00 X 271873 0 62046 LENNART JOHNS FOUNDING DEAN OF HEALTH SCIENCES 40.00 X 301428 0 27840 MATTHEW DRAPER VP FOR DEVELOPMENT & ALUMNI RELATIONS 40.00 X 260187 0 23055 BRIAN GRANT VP FOR STUDENT AFFAIRS 40.00 X 190772 0 52314 SHANNON ROBINSON ASSOC VICE PROVOST FOR RESEARCH & TECH TRANSFER (T 40.00 X 187347 0 50794 GOODARZ AHMADI INTERIM PROVOST 40.00 X 202498 0 32104 JOSHUA FISKE CHIEF INFORMATION OFFICER 40.00 X 194892 0 19006 DIEGO NOCETTI DEAN SCHOOL OF BUSINESS (AS OF 6/22) 40.00 X 159220 0 47328 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 40.00 X 180758 0 15809 AMY MCGAHERAN CHIEF HR & DEPUTY CHIEF INCLUSION OFFICER 40.00 X 168613 0 16452 CASEY JONES HEAD MEN'S HOCKEY COACH 40.00 X 329679 0 100042 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 40.00 X 296685 0 59781 FARZAD MAHMOODI PROF & DIR SUPPLY CHAIN MGMT 40.00 X 261590 0 36951 EVGENY KATZ PROFESSOR OF CHEMISTRY & BIOMOLECULAR SCIENCE 40.00 X 207927 0 43027 THOMAS HOLSEN PROFESSOR OF ENGINEERING 40.00 X 207201 0 43494 CHARLES THORPE PROFESSOR OF COMPUTER SCIENCE 40.00 X 234824 0 47954 5910623 0 923335 187 1 1 0 SODEXO OPERATIONS LLC PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 8250657 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 28269 CONSULTING 915079 HAYLOR FREYER COON INC 300 SOUTH STATE ST SYRACUSE NY 13202 CONSULTING 744341 MEYER CONTRACTING CORPORATION 12 CHARLES STREET PLEASANT VALLEY NY 12569 CONSTRUCTION 658443 KELLY SERVICES INC 22 DEPOT STREET POTSDAM NY 13676 STAFFING SERVICE 589624 5 20358800 21979323 4956596 42338123 TUITION & FEES 611310 173216800 173216800 AUXILIARY ENTERPRISES - ROOM 721000 20134628 20134628 AUXILIARY ENTERPRISES - BOARD 722320 11392774 11392774 CONFERENCE & WORKSHOPS 611310 325366 325366 AUXILIARY ENTERPRISES - OTHER 900099 70775 70775 205140343 1061862 -408429 1470291 63222028 2418459 51624515 2507325 11597513 -88866 11508647 11508647 ATHLETIC REVENUE 711210 467713 467713 SPACE RENTAL 532000 164982 164982 1561842 1435828 53759 72255 2194537 262243512 206741153 -354670 13518906 66000 66000 112058457 112058457 937979 937979 5422608 3824314 1598294 236741 236741 64086263 56818498 5742225 1525540 4464424 3816498 550499 97427 9774451 8355875 1205268 213308 4260796 3642422 525390 92984 494703 113530 381173 247545 247545 298995 298995 518876 518876 4775772 2987686 1715051 73035 1448965 1238755 121584 88626 3753144 3125223 627921 2030599 1769518 165269 95812 2755135 1985625 769510 10719188 10714021 -230730 235897 1215673 76052 1139621 FOOD SERVICE 6689126 6594735 89323 5068 SUPPLIES 5881217 5376745 492139 12333 EQUIPMENT RENTALS / EXT 1520859 1109026 398447 13386 RESEARCH SUB-CONTRACTS 1119972 1119972 16107194 13973353 2084993 48848 260884682 240758896 17623522 2502264 10365679 27924506 11788226 11629549 8619982 9546250 312817 295850 1031857 1878562 397153220 183537539 218760061 213615681 96883888 76226812 143053808 136907478 6364339 5511172 657592 1570730 497838249 485106590 5535962 5221724 3881826 3994277 80895790 79245681 2480958 1982421 0 0 1083333 1000000 34640086 41710303 128517955 133154406 X 157934261 146777853 211386033 205174331 369320294 351952184 497838249 485106590 X 1358830 -18579955 -146985 X 0 1 X 1 1 1 X 26522778 30549806 36359000 38721615 42338123 174491322 26522778 30549806 36359000 38721615 42338123 174491322 953607 173537715 617152 862615 921573 944317 1470291 4815948 379655 205868 585523 3285099 4132069 2773229 1248186 2140778 13579361 193472154 999039563 0.89700 0.86510 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: PROGRAM REGISTRATION FEES: 2017 AMOUNT: $ 66,510. 2018 AMOUNT: $ 150,840. 2019 AMOUNT: $ 64,480. 2020 AMOUNT: $ 0. 2021 AMOUNT: $0. ATHLETIC REVENUE 2017 AMOUNT: $ 523,779. 2018 AMOUNT: $ 509,684. 2019 AMOUNT: $ 452,894. 2020 AMOUNT: $ 31,468. 2021 AMOUNT: $467,713. SPACE RENTAL 2017 AMOUNT: $ 241,186. 2018 AMOUNT: $ 204,153. 2019 AMOUNT: $ 181,638. 2020 AMOUNT: $ 158,930. 2021 AMOUNT: $164,982. OTHER REVENUE 2017 AMOUNT: $ 2,453,624. 2018 AMOUNT: $ 3,267,392. 2019 AMOUNT: $ 2,074,217. 2020 AMOUNT: $1,057,788. 2021 AMONT: $1,508,083 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 12163 1 5347 0 1 281485 298995 0 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 THE NYS TUITION ASSISTANCE PROGRAM. ALUMNI ARE ALSO PERIODICALLY ENCOURAGED TO CONTACT THEIR STATE AND FEDERAL REPRESENTATIVES. THE PRESIDENT, CHIEF FINANCIAL OFFICER AND THE EXTERNAL RELATIONS OFFICE SIGN OFFICIAL COMMUNICATIONS INCLUDING LOBBYING APPEALS. THE OFFICE IS PRINCIPALLY RESPONSIBLE FOR MONITORING GOVERNMENT ACTION AT THE LOCAL, STATE AND FEDERAL LEVELS, REPORTING SIGNIFICANT ACTIONS WHICH IMPACT THE UNIVERSITY TO APPROPRIATE OFFICES, AND WHERE APPROPRIATE, TO LOBBYING LEGISLATIVE AND EXECUTIVE BODIES. THE VAST MAJORITY OF LOBBYING COMMUNICATIONS AND DIRECT CONTACT WITH LEGISLATORS OR LEGISLATIVE STAFF MEMBERS EMANATES FROM THIS OFFICE. THE UNIVERSITY CONVEYED ITS POSITION ON VARIOUS STATE AND FEDERAL ISSUES, AS WELL AS MISCELLANEOUS ECONOMIC DEVELOPMENT, ENERGY AND ENVIRONMENTAL ISSUES. 0 1 X 240740822 2527172 -7427020 15922110 3316185 0 216602679 197482756 1835655 50336675 8190379 723885 0 240740822 201698464 3071906 2111912 8699952 699574 0 197482756 198326348 4249592 8251113 8424346 704243 0 201698464 191141142 1697774 13718538 7517738 713368 0 198326348 0.24400 0.61700 0.13900 0 0 16000 20008605 20024605 325230388 143887455 181342933 0 47745133 39650084 8095049 4153094 4153094 213615681 2844014 F HEDGE FUNDS 25841490 F PRIVATE EQUITY 44120381 F VENTURE CAPITAL 28134890 F REAL ASSETS 8942543 F INTERNATIONAL EQUITY 27024160 F 136907478 FEDERAL & OTHER LOAN PROGRAMS 4934468 ASSET RETIREMENT OBLIGATION 6626847 POST-RETIREMENT BENEFIT 7472277 PRESENT VALUE OF ANNUITY PAYMENTS 5029051 LOAN PLEDGE LIABILITY 11841 BANK LINE OF CREDIT OUTSTANDING 15000000 RIGHT OF USE - OPERATING LEASE 1010128 MISCELLANEOUS 1625691 41710303 X 245090343 -18579955 3168230 -15411725 260502068 518876 1222568 1741444 262243512 262458453 358185 358185 262100268 518876 -1734462 -1215586 260884682 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. PART V, LINE 4: THE INTENDED USE 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 ENDEAVOURS. PART X, LINE 2: THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE UNIVERSITY AND BEACON, WHICH ARE GENERALLY EXEMPT FROM INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. WESTON IS A TAXABLE SUBSIDIARY OF THE UNIVERSITY. THE INCOME TAX ATTRIBUTABLE TO WESTON IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS BUT IS NOT MATERIAL. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY A TAXING AUTHORITY AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE 687,530. CHANGE TO POST RETIREMENT BENEFITS 2,480,700. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 49,937. CHANGE IN ANNUITY & LIFE INCOME FUNDS 818,960. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 323,204. RELATED ENTITY REVENUE 33,667. MISCELLANEOUS -3,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSE 358,185. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 49,937. CHANGE IN ANNUITY & LIFE INCOME FUNDS 818,960. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -2,600,159. MISCELLANEOUS -3,200. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY WITHIN ALL JOB ANNOUNCEMENTS AND PUBLICATIONS, AS WELL AS ALL OTHER PUBLIC ANNOUNCEMENTS AND PUBLICATIONS. THIS POLICY IS MADE AVAILABLE YEAR-ROUND ON THE UNIVERSITY'S HOMEPAGE AT WWW.CLARKSON.EDU. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL, STATE AND LOCAL FUNDS FOR STUDENT FINANCIAL ASSISTANCE AND FOR RESEARCH AND DEVELOPMENT AWARDS. 1 CENTRAL AMERICA/CARIBBEAN INVESTMENTS 44339636 EUROPE INVESTMENTS 1929050 EUROPE GRANTMAKING 313938 EAST ASIA AND THE PACIFIC GRANTMAKING 100865 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 225031 EUROPE PROGRAM SERVICES 183865 CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES 74306 SUB-SAHARAN AFRICA PROGRAM SERVICES 49994 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 217341 NORTH AMERICA (INCLUSINDG CANADA) PROGRAM SERVICES 132650 EUROPE PROGRAM SERVICES 9080 0 0 0 0 0 0 47216685 359071 47575756 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 17 313938 CREDIT ON ACCOUNT 0 EDUCATION EAST ASIA AND THE PACIFIC 4 100865 CREDIT ON ACCOUNT 0 EDUCATION EAST ASIA AND THE PACIFIC 41 112748 CREDIT CARD 0 EDUCATION EAST ASIA AND THE PACIFIC 17 45190 WIRE TRANSFER 0 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 30 110785 CREDIT CARD 0 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 14 49023 WIRE TRANSFER 0 EDUCATION SUB-SAHARAN AFRICA 4 14346 WIRE TRANSFER 0 EDUCATION SUB-SAHARAN AFRICA 3 13627 CREDIT CARD 0 EDUCATION SUB-SAHARAN AFRICA 4 16577 CHECK 0 EDUCATION CENTRAL AMERICA AND THE CARIBBEAN 19 65480 CHECK 0 EDUCATION EAST ASIA AND THE PACIFIC 1 95400 WIRE TRANSFER 0 1 0 1 1 1 1 PART I, LINE 2: THE UNIVERSITY MONITORS THE USE OF GRANT FUNDS FOR RESEARCH SUB-AWARDS OUTSIDE THE UNITED STATES BY REQUIRING TECHNICAL REPORTS WHICH ARE REVIEWED AND APPROVED BY THE UNIVERSITY BEFORE SUBMITTING PAYMENT. WE ALSO HAVE A COMPREHENSIVE MONITORING PROCESS BY WHICH ALL SUB-RECIPIENTS ARE EVALUATED PRIOR TO OBTAINING AN AWARD. RESEARCH EXPENDITURES FOR THIS PROGRAM ARE FOR UNDERGRADUATES, THESE 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 UNIVERSITY PROCEDURES AND DISTRIBUTED AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS AT THE UNIVERSITY. PART I, LINE 3: THE UNIVERSITY UTILIZES THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 1 VILLAGE OF POTSDAM PO BOX 5168 POTSDAM NY 13676 156001369 LOCAL GOVT 34000 0 DONATION TOWN OF POTSDAM 35 MARKET STREET POTSDAM NY 13676 156001107 LOCAL GOVT 12000 0 DONATION POTSDAM RESCUE SQUAD ELM STREET POTSDAM NY 13676 166051465 LOCAL GOVT 20000 0 DONATION 3 SUMMER AWARDS 3 3688 CLARKSON HONARARIES 70 2465820 CLARKSON VETERAN SCHOLARSHIP 1 7237 ENDOWED/ SPONSORED/ GOVERNMENT 1140 2469902 GRADUATE ASSISTANT 24 665706 GRANT IN AID 49 1926792 TRANSFER SCHOLARSHIPS 9 28000 GRADUATE SCHOLARSHIPS 611 4075681 PARTIAL TUITION 239 1315643 RESEARCH ASSISTANT - TUITION REMISSION 309 3168878 RESIDENT ADVISORS - ALLOWANCE 69 649517 ROOM, BOARD AND MAINTENANCE 56 247468 SUPPLEMENTAL FINANCIAL AID SUMMER 27 67180 SUPPLEMENTARY TRUSTEE SCHOLARSHIP 57 2882832 TEACHING ASSISTANT SCHOLARSHIP 142 3451228 TRUSTEE SCHOLARSHIP 2696 85406130 HIGHER EDUCATION EMERGENCY RELIEF FUND 3182 3226755 PART I, LINE 2: THE UNIVERSITY PROVIDES FUNDING TO FACULTY AND STUDENTS FOR SCHOLARSHIPS, RESEARCH AND OTHER PROJECTS. EXPENSES MUST BE SUBSTANTIATED UNDER THE ACCOUNTABILITY PLAN TO ENSURE PROPER USE OF FUNDS. STUDENTS MUST MEET THE REQUIREMENTS SPECIFIED IN THE RESPECTIVE AWARD PROGRAM IN ORDER TO RECEIVE THE AWARD. THE REQUIREMENTS INCLUDE CRITERIA SUCH AS FINANCIAL NEED, OBTAINING/MAINTAINING THE REQUIRED GRADE POINT AVERAGE AND STUDYING IN A CERTAIN ECONOMIC DISCIPLINE, ETC. IF THE SCHOLARSHIP IS ONGOING, THE STUDENT MUST CONTINUE TO MEET THE SCHOLARSHIP REQUIREMENTS IN ORDER TO BE AWARDED A SCHOLARSHIP IN SUBSEQUENT YEARS. FINANCIAL NEED, GRADE POINT AVERAGES AND OTHER SCHOLARSHIP CRITERIA ARE CONTINUALLY MONITORED TO DETERMINE WHETHER THE STUDENT MEETS THE CRITERIA. SCHEDULE I, PART III WITHIN THE FISCAL YEAR ENDING JUNE 30, 2022, THE UNIVERSITY RECEIVED $6,407,824 IN AMERICAN RESCUE PLAN FUNDS, INCLUDING FUNDING TO ASSIST WITH AID PROVIDED TO STUDENTS (HIGHER EDUCATION EMERGENY RELIEF FUNDS). THE FUNDS WERE RECORDED AS GOVERNMENT GRANTS AND CONTRACTS IN OPERATING REVENUES. THE UNIVERSITY AWARDED $3,226,755 OF DIRECT STUDENT SUPPORT AND RECORDED RECOVERY OF $1,802,881 OF COVID RELATED EXPENSES AND $1,378,188 OF COVID RELATED LOST REVENUE. X X X 1 1 X X X X X X 0 0 0 0 0 0 0 1 0 ANTHONY COLLINS PRESIDENT 554950 0 250000 0 495 0 22405 0 45190 0 873040 0 0 0 CASEY JONES HEAD MEN'S HOCKEY COACH 324128 0 700 0 4851 0 27840 0 72202 0 429721 0 0 0 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 339367 0 0 0 103 0 27840 0 11848 0 379158 0 0 0 AUGUSTINE LADO SENIOR ADVISOR TO THE PRESIDENT 318241 0 0 0 158 0 27840 0 31452 0 377691 0 0 0 ROBYN HANNIGAN PROVOST (THRU 6/22) 338608 0 0 0 103 0 27841 0 0 0 366552 0 0 0 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 294751 0 800 0 1134 0 27060 0 32721 0 356466 0 0 0 DARRYL SCRIVEN DEAN OF ARTS & SCIENCES (AS OF 4/21) 262848 0 0 0 9025 0 23170 0 38876 0 333919 0 0 0 LENNART JOHNS FOUNDING DEAN OF HEALTH SCIENCES 301325 0 0 0 103 0 27840 0 0 0 329268 0 0 0 FARZAD MAHMOODI PROF & DIR SUPPLY CHAIN MGMT 261432 0 0 0 158 0 23580 0 13371 0 298541 0 0 0 MATTHEW DRAPER VP FOR DEVELOPMENT & ALUMNI RELATION 240163 0 20000 0 24 0 23055 0 0 0 283242 0 0 0 CHARLES THORPE PROFESSOR OF COMPUTER SCIENCE 234519 0 0 0 305 0 23046 0 24908 0 282778 0 0 0 WILLIAM MCGARRY CHIEF FINANCIAL OFFICER (THRU 2/22) 264375 0 0 0 0 0 0 0 0 0 264375 0 0 0 EVGENY KATZ PROFESSOR OF CHEMISTRY & BIOMOLECULA 206822 0 800 0 305 0 15503 0 27524 0 250954 0 0 0 THOMAS HOLSEN PROFESSOR OF ENGINEERING 207043 0 0 0 158 0 16240 0 27254 0 250695 0 0 0 BRIAN GRANT VP FOR STUDENT AFFAIRS 190669 0 0 0 103 0 19132 0 33182 0 243086 0 0 0 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 188674 0 0 0 55 0 18836 0 32086 0 239651 0 0 0 SHANNON ROBINSON ASSOC VICE PROVOST FOR RESEARCH & TE 187311 0 0 0 36 0 17234 0 33560 0 238141 0 0 0 GOODARZ AHMADI INTERIM PROVOST 202003 0 0 0 495 0 19610 0 12494 0 234602 0 0 0 JOSHUA FISKE CHIEF INFORMATION OFFICER 194870 0 0 0 22 0 18734 0 272 0 213898 0 0 0 DIEGO NOCETTI DEAN SCHOOL OF BUSINESS (AS OF 6/22) 158384 0 800 0 36 0 15876 0 31452 0 206548 0 0 0 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 180722 0 0 0 36 0 15809 0 0 0 196567 0 0 0 AMY MCGAHERAN CHIEF HR & DEPUTY CHIEF INCLUSION OF 168577 0 0 0 36 0 15724 0 728 0 185065 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS AND GROSS UP PAYMENTS WERE PROVIDED TO AN OFFICER OF THE UNIVERSITY. THESE BENEFITS WERE PROVIDED AS TAXABLE COMPENSATION. THE NON-TAXABLE BENEFIT IS INCLUDED IN PART II, COLUMN D. A PERSONAL RESIDENCE WAS PROVIDED TO THE PRESIDENT AS A MANDATORY CONDITION OF EMPLOYMENT AND WAS NOT TAXABLE BASED ON SECTION 119 OF IRC. PART I, LINE 7 PERFORMANCE AWARDS THE EXECUTIVE COMMITTEE MAY, AT ITS DISCRETION, AWARD THE PRESIDENT A PERFORMANCE AWARD EACH YEAR IN CONNECTION WITH AN EVALUATION OF HIS PERFORMANCE. THE EVALUATION IS BASED ON HIS ACCOMPLISHMENTS AGAINST GOALS AND OBJECTIVES DURING THE YEAR. THE PRESIDENT MAY, AT HIS DISCRETION, AWARD EMPLOYEES WITH A PERFORMANCE AWARD. THE EVALUATION IS BASED UPON THEIR ACCOMPLISHMENTS AGAINST GOALS AND OBJECTIVES DURING THE YEAR. THE VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS WAS GIVEN THIS AWARD BASED ON HIS PERFORMANCE. A ST LAWRENCE COUNTY IDA CDC SERIES 2012B 272614310 791078AL2 2012-05-21 3070770 DORMITORY RENOVATIONS 1 1 1 B CITY OF SHENECTADY IND DEV AGENCY SERIES 2008A 141699509 806476BY2 2008-01-30 5660000 GRADUATE CENTER CONSTRUCTION 1 1 1 C ST LAWRENCE COUNTY IDA SERIES 2017 272614310 791078CK2 2017-04-27 33802512 RFD 03&07 ISSUES & BLDG IMPR 1 1 1 D ST LAWRENCE COUNTY IDA CDC SERIES 2021A 272614310 791078CY2 2021-06-24 14053351 REFUND 2011 BONDS 1 1 1 A 3070770 57033 3013737 2013 1 0 1 1 B 1700000 5660000 102500 76890 5480610 2009 0 0 1 1 C 2280000 33802512 360445 11053848 22388219 2020 1 0 1 1 D 14053351 198221 13855130 2011 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 1 1 1 1 0.03010 0.03010 0 0 1 D 0 0 0 1 1 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 1 0 0 0 0 C 0 0 0 1 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ST. LAWRENCE COUNTY IDA SERIES 2017 DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2022 SCHEDULE K, PART IV, LINE 2B 05/21/2012 3,070,770 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2B 01/30/2008 5,660,000 CITY OF SCHENECTADY INDUSTRIAL DEV AGENCY SERIES 2 - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2B 06/24/2021 - 14,053,351 SLCIDA SERIES 2021A - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2B 12/02/2021 - 18,884,653 SLCIDA SERIES 2021B - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART II, LINE 11 04/27/2017 33,802,512 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - $21,147,000 AND $1,241,219 WAS USED IN REFUNDING OF 2007 AND 2003 ISSUES. SCHEDULE K, PART II, LINE 11 05/21/2012 19,060,719 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - $10,851,657 WAS USED TO REFUND THE 2009 MORTGAGE. SCHEDULE K, PART II, LINE 11 6/24/2021 - 14,053,351 SLCIDA SERIES 2021A - $14,053,351 WAS USED TO REFUND SERIES 2011 BONDS. SCHEDULE K, PART II, LINE 11 12/02/2021 - 18,884,653 SLCIDA SERIES 2021B - $18,160,000 WAS USED TO REFUND SERIES 2012A BONDS. A STLAWRENCE COUNTY IDA CDC SERIES 2021B 272614310 791078OMT 2021-12-02 18884653 REFUND 2012A BONDS 1 1 1 A 18884653 256015 18628638 2012 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 ERIN DRAPER SPOUSE OF KEY EMPLOYEE 113644 SALARY 0 ALAN CHRISTIAN SPOUSE OF KEY EMPLOYEE 123097 SALARY 0 X 45 4910666 AVG DATE OF CONTRIB X SCIENTIFIC EQUIP 3 28480 FAIR MARKET VALUE X LAB SUPPLIES 1 17450 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE UNIVERSITY USES A BROKER TO CONVERT GIFTS OF SECURITIES TO CASH. FORM 990, PART III, LINE 4A HIGHER EDUCATION: PROVIDE INSTRUCTION, RESEARCH, PUBLIC SERVICE, CAMPUS SUPPORT, ETC., FOR UNDERGRADUATE AND GRADUATE STUDENTS (3,720 FTE STUDENTS.) U.S. NEWS AND WORLD REPORT'S 2022 RANKINGS OF 'BEST COLLEGES' AGAIN PLACED CLARKSON IN TIER ONE, THE TOP TIER OF NATIONAL UNIVERSITIES. U.S. NEWS ALSO RANKED CLARKSON'S ONLINE MBA PROGRAM AS ONE OF THE TOP 100 IN THE NATION. CLARKSON WAS NAMED ONE OF THE NATION'S BEST INSTITUTIONS FOR UNDERGRADUATES BY THE PRINCETON REVIEW. THE COMPANY PROFILES AND RECOMMENDS CLARKSON IN THE 2022 EDITION OF ITS ANNUAL COLLEGE GUIDE. ONLY ABOUT 14% OF AMERICA'S 2,700 FOUR-YEAR COLLEGES ARE PROFILED IN THE BOOK, WHICH IS ONE OF THE PRINCETON REVIEW'S MOST POPULAR PUBLICATIONS. CLARKSON WAS NAMED ONE OF THE NATION'S MOST ENVIRONMENTALLY RESPONSIBLE COLLEGES BY SIERRA MAGAZINE. THE SIERRA CLUB IS THE UNITED STATES' OLDEST AND LARGEST ENVIRONMENTAL GROUP. CLARKSON WAS AMONG THE 25% OF UNIVERSITIES, RANKED ON A WIDE RANGE OF ENVIRONMENTAL FACTORS - FROM RESEARCH AND CURRICULUM TO CAMPUS ENERGY USE, TRANSPORTATION AND FOSSIL FUEL DIVESTMENT. FORM 990, PART VI, SECTION A, LINE 2 BAYARD D CLARKSON SR. AND BAYARD D CLARKSON JR. ARE BOTH CURRENT TRUSTEES AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B 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 QUALIFYING TAX CONSULTANT; A DRAFT WAS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW; A COPY OF THE FINAL RETURN WAS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE ELECTRONICALLY FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. 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. 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, THE VICE PRESIDENT FOR EXTERNAL RELATIONS IS THE ASSISTANT SECRETARY TO THE BOARD OF TRUSTEES AND THE KEY EMPLOYEES ARE AS FOLLOWS: PROVOST, DEAN OF THE SCHOOL OF BUSINESS, DEAN OF THE SCHOOL OF ENGINEERING, VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS, DEAN OF THE GRADUATE SCHOOL, VICE PRESIDENT OF ENROLLMENT MANAGEMENT & STUDENT ADVANCEMENT, ASSOCIATE VICE PROVOST FOR RESEARCH AND TECHNOLOGY TRANSFER, CHIEF INFORMATION OFFICER, CHIEF HR AND DEPUTY CHIEF INCLUSION OFFICER. THE ABOVE POSITIONS' COMPENSATION PACKAGES ARE REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE BOARD OF TRUSTEES' PEOPLE PRIORITIES COMMITTEE. THE SUBCOMMITTEE CONDUCTS A COMPREHENSIVE REVIEW USING DATA FROM A MULTIPLE SOURCES (MOST NOTABLY, DATA FROM INDEPENDENT COMPENSATION CONSULTANTS, THE ASSOCIATION OF INDEPENDENT TECHNOLOGICAL UNIVERSITIES AND THE COLLEGE & UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES) FOR COMPARABLE UNIVERSITIES. THE SUBCOMMITTEE ALSO SOLICITS INPUT FROM THE EXECUTIVE COMMITTEE OF THE FULL BOARD AS TO THE PERFORMANCE OF THE PRESIDENT, AND CONSIDERS THIS FEEDBACK IN ITS DELIBERATIONS. THE SUBCOMMITTEE (1) MAKES COMPENSATION RECOMMENDATIONS FOR THE PRESIDENT, (2) AFFIRMS COMPENSATION ACTIONS FOR THE OTHER POSITIONS LISTED ABOVE AS DETERMINED BY THE PRESIDENT, AND (3) CONVEYS THIS INFORMATION TO THE EXECUTIVE COMMITTEE, WHICH MAKES THE FINAL DETERMINATIONS AND DOCUMENTS ITS DECISIONS IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THIS PROCESS IS PERFORMED ANNUALLY. THE UNIVERSITY BELIEVES ITS PROCEDURES REGARDING EXECUTIVE COMPENSATION MEET THE REBUTTABLE PRESUMPTION REQUIREMENTS DESCRIBED IN REGULATION SECTION 53.4958-6(C). 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 THE HUMAN RESOURCES LINK. THE CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE, WHILE THE IRS FORM 990, FORM 990T, AND GOVERNANCE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RELATED ENTITY REVENUE 295,678. POST-RETIREMENT ADJUSTMENT 2,480,700. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -2,923,363. BEACON INSTITUTE FOR RIVERS & ESTUARIES 199 MAIN STREET BEACON NY 12508 141883215 ENVIRONMTL ED NY 501(C)(3) LINE 7 N/A 1 JR WESTON INC PO BOX 333 POTSDAM NY 13699 150490300 HOTEL NY N/A C 619524 2955932 1.00000 1 CHARITABLE REMAINDER TRUSTS NY (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NY N/A T 0 CHARITABLE REMAINDER TRUSTS SC (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR SC N/A T 0 CHARITABLE REMAINDER TRUSTS AZ (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR AZ N/A T 0 CHARITABLE REMAINDER TRUSTS FL (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR FL N/A T 0 CHARITABLE REMAINDER TRUSTS NJ (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NJ N/A T 0 CHARITABLE REMAINDER TRUSTS MA (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR MA N/A T 0 CHARITABLE REMAINDER TRUSTS ME (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR ME N/A T 0 CHARITABLE REMAINDER TRUSTS CA (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR CA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 JR WESTON INC P 249442 FMV JR WESTON INC Q 78167 FMV