2022-05-13T16:43:38-05:00 2021-06-30 135565207 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 12207 990 2020-07-01 150543659 CLARKSON UNIVERSITY CLAR 3152682089 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 KENNETH KLINE CFO CFO 3152687258 2022-05-12 1 KENNETH KLINE CFO 999009999 GENEVA FURLANO P01877392 5184274600 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANTHONY G COLLINS 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 401312313 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. 33 33 2370 633 36503 1395 36359000 38721615 202635980 200246550 5369669 29635758 2865168 1248186 247229817 269852109 105856274 108579615 0 0 83454742 84655950 0 0 2500286 48712282 48919477 238023298 242155042 9206519 27697067 450462960 497838249 134577983 128517955 315884977 369320294 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 218123800 108020704 172815237 SEE SCHEDULE O 8343070 558911 28250835 EXTRACURRICULAR PROGRAMS, GENERAL/OTHER AUXILIARY ENTERPRISES SUCH AS HOUSING, DINING, AND RECREATIONAL SERVICES FOR ITS STUDENTS. (2,865 FTE STUDENTS) 256638 CONFERENCES & WORKSHOPS 226466870 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 4046 0 1 2370 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 33 33 1 0 1 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 CAROLYN A BRANDSEMA TRUSTEE (ENDED 10/2020) 1.00 0.00 X 0 0 0 SIMOON CANNON TRUSTEE 2.00 0.00 X 0 0 0 KENNETH V CAMARCO TRUSTEE 2.00 0.00 X 0 0 0 ROBERT A CAMPBELL TRUSTEE 10.00 0.00 X 0 0 0 KATHRYN E CAMPBELL TRUSTEE 2.00 0.00 X 0 0 0 LAURETTA M CHRYS TRUSTEE 2.00 0.00 X 0 0 0 BAYARD D CLARKSON JR TRUSTEE 2.00 0.00 X 0 0 0 BAYARD D CLARKSON SR TRUSTEE 2.00 0.00 X 0 0 0 KATHLEEN H CLINE TRUSTEE 2.00 0.00 X 0 0 0 CHARLES R CRAIG TRUSTEE 2.00 0.00 X 0 0 0 PETER J DEVLIN TRUSTEE 2.00 0.00 X 0 0 0 ROBERT A DIFULGENTIZ TRUSTEE 10.00 0.00 X 0 0 0 CHRISTINA DUTCH TRUSTEE 4.00 0.00 X 0 0 0 DAVID K HEACOCK TRUSTEE 2.00 0.00 X 0 0 0 DANIEL HEINTZELMAN TRUSTEE (ENDED 10/2020) 1.00 0.00 X 0 0 0 THOMAS L KASSOUF TRUSTEE 12.00 0.00 X 0 0 0 GEORGIA KERESTY TRUSTEE 2.00 0.00 X 0 0 0 LAWRENCE D KINGSLEY TRUSTEE 2.00 0.00 X 0 0 0 SANJEEV R KULKARNI TRUSTEE 2.00 0.00 X 0 0 0 KENNETH S LALLY TRUSTEE 2.00 0.00 X 0 0 0 EARL R LEWIS TRUSTEE 2.00 0.00 X 0 0 0 JODY A MARKOPOULOS TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL MARESCA TRUSTEE 2.00 0.00 X 0 0 0 JOHN S MENGUCCI TRUSTEE 2.00 0.00 X 0 0 0 LISA NAPOLIONE TRUSTEE (ENDED 10/2020) 1.00 0.00 X 0 0 0 RAJAN RAGHAVAN TRUSTEE 2.00 0.00 X 0 0 0 NANCY D REYDA TRUSTEE 4.00 0.00 X 0 0 0 STEPHEN D RYAN TRUSTEE 4.00 0.00 X 0 0 0 CODY A ROSEN TRUSTEE 2.00 0.00 X 0 0 0 FRANK R SCHMELER TRUSTEE 2.00 0.00 X 0 0 0 RAYMOND L SKOWYRA JR TRUSTEE 10.00 0.00 X 0 0 0 JEAN E SPENCE TRUSTEE (ENDED 10/2020) 2.00 0.00 X 0 0 0 W ASHLEY TWINING TRUSTEE 2.00 0.00 X 0 0 0 DAVID A WALSH TRUSTEE 2.00 0.00 X 0 0 0 DENNIS G WELLER TRUSTEE 2.00 0.00 X 0 0 0 JAMES F WOOD TRUSTEE 2.00 0.00 X 0 0 0 ROBERT R ZIEK JR TRUSTEE 2.00 0.00 X 0 0 0 ANTHONY COLLINS PRESIDENT 50.00 1.00 X 817608 0 68615 ROBERT CREE CFO (THRU 1/2021) 50.00 2.00 X 267571 0 56699 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 50.00 1.00 X 191821 0 47589 WILLIAM MCGARRY CFO (BEG. 1/2021) 40.00 2.00 X 0 0 0 AUGUSTINE LADO DEAN OF SCHOOL OF BUSINESS 40.00 0.00 X 315521 0 58088 ROBYN HANNIGAN PROVOST 40.00 0.00 X 340877 0 25440 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 40.00 0.00 X 320247 0 37729 MATTHEW DRAPER VP FOR DEV. & ALUMNI REL. 40.00 0.00 X 290144 0 23355 KEROP JANOYAN DEAN OF GRADUATE SCHOOL 40.00 0.00 X 227696 0 78231 BRIAN GRANT VP FOR ENROLL & STUDENT ADV. 40.00 0.00 X 192386 0 53512 SHANNON ROBINSON ASSO. VICE PROVOST FOR RES & TECH TRNSR 40.00 0.00 X 188709 0 52060 JOSHUA FISKE CHIEF INFORMATION OFFICER 40.00 0.00 X 189333 0 18401 IAN HAZEN DIR. OF FACILITIES & SERVICES 40.00 0.00 X 187211 0 8667 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 40.00 0.00 X 175271 0 15382 AMY MCGAHERAN CHIEF HR & DEPUTY CHIEF INCL OFFICER 40.00 0.00 X 158383 0 15944 CASEY JONES HEAD MEN'S HOCKEY COACH 40.00 0.00 X 338754 0 79919 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 40.00 0.00 X 299095 0 54674 FARZAD MAHMOODI PROF./DIR. SUPPLY CHAIN MGMT 40.00 0.00 X 291244 0 39725 V SURYADEVARA PROFESSOR 40.00 0.00 X 287478 0 43194 DAVID CROUSE PROFESSOR OF ELECTRICAL ENGINEERING 40.00 0.00 X 210432 0 49140 CHARLES THORPE INTERIM DEAN OF ARTS & SCIENCE 40.00 0.00 X 246569 0 50049 5536350 0 876413 175 1 1 0 BETTE CRING LLC 22 CENTURY HILL DRIVE SUITE 201 LATHAM NY 12110 CONSTRUCTION SERVICES 11902254 SODEXO OPERATIONS LLC PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 2740379 MEYER CONTRACTING CORPORATION 12 CHARLES STREET PLEASANT VALLEY NY 12569 CONSTRUCTION SERVICES 1695437 EAB GLOBAL INC PO BOX 603519 CHARLOTTE NC 28269 CONSULTING 976590 HARVEY EXCAVATION CONST CO INC 354 TIERNAN RIDGE ROAD CHASE MILLS NY 13621 CONSTRUCTION SERVICES 842686 27 16513280 22208335 4195357 38721615 TUITION & FEES 611310 171739077 171739077 AUXILIARY ENTERPRISES - ROOM 721000 18367751 18367751 AUXILIARY ENTERPRISES - BOARD 722320 9870475 9870475 CONFERENCE & WORKSHOPS 611310 256638 217484 39154 AUXILIARY ENTERPRISES - OTHER 900099 12609 12609 200246550 944317 944317 160133403 18242 131459554 650 28673849 17592 28691441 28691441 SPACE RENTAL 532000 158930 158930 OTHER PROGRAM REVENUE 611310 123047 123047 ATHLETIC REVENUE 711210 31468 31468 934741 833337 36503 64901 1248186 269852109 201322710 36503 29771281 34000 34000 108545615 108545615 3602471 1874802 1727669 63827489 57862293 4400605 1564591 4205099 3640857 443727 120515 9391103 8131000 990960 269143 3629788 3142742 383019 104027 367361 367361 256008 256008 240075 240075 548700 548700 3468867 2449464 944439 74964 1643616 1371538 243308 28770 3343830 3022993 320837 479667 382283 46193 51191 2695419 2366726 328693 10477210 10464779 -232792 245223 1076625 188350 888275 SUPPLIES 6096889 5807204 280712 8973 FOOD SERVICE 5546616 5522114 24502 EQUIPMENT RENTALS / EXT 1650317 1235090 412853 2374 RESEARCH SUB-CONTRACTS 1270216 1270216 9758061 8366029 1361517 30515 242155042 226466870 13187886 2500286 1165319 10365679 11115196 11788226 8245914 8619982 233382 312817 864122 1031857 393946349 175186288 218343253 218760061 96249427 96883888 106447775 143053808 7173136 6364339 625436 657592 450462960 497838249 8869827 5535962 6998208 3881826 71522232 80895790 1972778 2480958 333140 0 1166667 1083333 43715131 34640086 134577983 128517955 X 142396745 157934261 173488232 211386033 315884977 369320294 450462960 497838249 X 27697067 22239468 3498782 X 0 1 X 1 1 1 X 37145933 26522778 30549806 36359000 38721615 169299132 37145933 26522778 30549806 36359000 38721615 169299132 5331788 163967344 1129238 617152 862615 921573 944317 4474895 49294 379655 205868 634817 3695837 3285099 4132069 2773229 1248186 15134420 189543264 979795588 0.86510 0.81780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PROGRAM REGISTRATION FEES - 2016 AMOUNT: $ 101,210. 2017 AMOUNT: $ 66,510. 2018 AMOUNT: $ 150,840. 2019 AMOUNT: $ 64,480. 2020 AMOUNT: $ 0. ATHLETIC REVENUE - 2016 AMOUNT: $ 432,324. 2017 AMOUNT: $ 523,779. 2018 AMOUNT: $ 509,684. 2019 AMOUNT: $ 452,894. 2020 AMOUNT: $ 31,468. SPACE RENTAL - 2016 AMOUNT: $ 274,767. 2017 AMOUNT: $ 241,186. 2018 AMOUNT: $ 204,153. 2019 AMOUNT: $ 181,638. 2020 AMOUNT: $ 158,930. OTHER REVENUE - 2016 AMOUNT: $ 2,887,536. 2017 AMOUNT: $ 2,453,624. 2018 AMOUNT: $ 3,267,392. 2019 AMOUNT: $ 2,074,217. 2020 AMOUNT: $ 1,057,788. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 12110 1 4860 0 1 223105 240075 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 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 177099281 2480849 19925601 7651323 713266 0 191141142 0.26500 0.54400 0.19100 0 0 16000 19705975 19721975 321738940 135546837 186192103 46886353 39639451 7246902 5599081 5599081 218760061 2630233 F HEDGE FUNDS 39635445 F PRIVATE EQUITY 33479288 F VENTURE CAPITAL 18911396 F REAL ASSETS 5822992 F INTERNATIONAL EQUITY 42574454 F 143053808 FEDERAL & OTHER LOAN PROGRAMS 5726239 ASSET RETIREMENT OBLIGATION 6296246 POST RETIREMENT BENEFIT 10197153 PRESENT VALUE OF ANNUITY PMT 6145158 LOAN PLEDGE LIABILITY 30295 MISCELLANEOUS 6244995 34640086 X 292752179 22239468 2164501 24403969 268348210 548700 955199 1503899 269852109 239316862 379100 379100 238937762 548700 2668580 3217280 242155042 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 ENDEAVORS. 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 313,550. CHANGE TO POST RETIREMENT BENEFITS 1,850,951. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 27,099. CHANGE IN ANNUITY & LIFE INCOME FUNDS 911,681. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -21,757. RELATED ENTITY REVENUE 38,110. MISCELLANEOUS 66. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSE 379,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 27,099. CHANGE IN ANNUITY & LIFE INCOME FUNDS 911,681. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,729,800. 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. CENTRAL AMERICA/CARIBBEAN 0 0 INVESTMENTS 44348403 EUROPE 0 0 INVESTMENTS 1522600 0 0 0 0 0 0 45871003 0 45871003 1 0 1 1 1 1 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 DONATION 1 SUMMER AWARDS 7 1825 CLARKSON HONARARIES 71 2617325 CLARKSON VETERAN SCHOLARSHIP 2 3375 ENDOWED/ SPONSORED/ GOVERNMENT 1142 2528985 GRADUATE ASSISTANT 23 525622 GRANT IN AID 50 2448835 GRADUATE SCHOLARSHIPS 610 3682498 PARTIAL TUITION 1630 1618162 RESEARCH ASSISTANT - TUITION REMISSION 246 2229183 RESIDENT ADVISORS - ALLOWANCE 62 623563 ROOM, BOARD AND MAINTENANCE 59 148000 SUPPLEMENTAL FINANCIAL AID SUMMER 26 57491 SUPPLEMENTARY TRUSTEE SCHOLARSHIP 61 2743322 TEACHING ASSISTANT SCHOLARSHIP 132 2728685 TRUSTEE SCHOLARSHIP 2512 85066211 HIGHER EDUCATION EMERGENCY RELIEF FUND 1315 1522534 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, 2021, THE UNIVERSITY RECEIVED $4,322,873 IN CARES ACT RELIEF FUNDS, INCLUDING FUNDING TO ASSIST WITH AID PROVIDED TO STUDENTS. THE FUNDS WERE RECORDED AS GOVERNMENT GRANTS AND CONTRACTS IN OPERATING REVENUES. THE UNIVERSITY AWARDED $1,522,534 OF DIRECT SUPPORT AND RECORDED RECOVERY OF $2,444,527 OF COVID RELATED EXPENSES AND $255,812 OF COVID RELATED LOST REVENUE. X X X 1 1 X X X X X X 1 0 0 0 0 0 0 1 0 ANTHONY COLLINS PRESIDENT 560904 0 250000 0 6704 0 28234 0 40381 0 886223 0 0 0 CASEY JONES HEAD MEN'S HOCKEY COACH 333642 0 0 0 5112 0 25440 0 54479 0 418673 0 0 0 AUGUSTINE LADO DEAN OF SCHOOL OF BUSINESS 315357 0 0 0 164 0 25440 0 32648 0 373609 0 0 0 ROBYN HANNIGAN PROVOST 340770 0 0 0 107 0 25440 0 0 0 366317 0 0 0 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 319440 0 0 0 807 0 25440 0 12289 0 357976 0 0 0 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 297845 0 0 0 1250 0 25440 0 29234 0 353769 0 0 0 FARZAD MAHMOODI PROF./DIR. SUPPLY CHAIN MGMT 291137 0 0 0 107 0 25440 0 14285 0 330969 0 0 0 V SURYADEVARA PROFESSOR 286964 0 0 0 514 0 21269 0 21925 0 330672 0 0 0 ROBERT CREE CFO (THRU 1/2021) 267514 0 0 0 57 0 25440 0 31259 0 324270 0 0 0 MATTHEW DRAPER VP FOR DEV. & ALUMNI REL. 243282 0 46137 0 725 0 23355 0 0 0 313499 0 0 0 KEROP JANOYAN DEAN OF GRADUATE SCHOOL 227659 0 0 0 37 0 20654 0 57577 0 305927 0 0 0 CHARLES THORPE INTERIM DEAN OF ARTS & SCIENCE 246405 0 0 0 164 0 24196 0 25853 0 296618 0 0 0 DAVID CROUSE PROFESSOR OF ELECTRICAL ENGINEERING 210395 0 0 0 37 0 16492 0 32648 0 259572 0 0 0 BRIAN GRANT VP FOR ENROLL & STUDENT ADV. 192329 0 0 0 57 0 19285 0 34227 0 245898 0 0 0 SHANNON ROBINSON ASSO. VICE PROVOST FOR RES & TECH TR 188672 0 0 0 37 0 17412 0 34648 0 240769 0 0 0 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 191764 0 0 0 57 0 19030 0 28559 0 239410 0 0 0 JOSHUA FISKE CHIEF INFORMATION OFFICER 188611 0 0 0 722 0 18132 0 269 0 207734 0 0 0 IAN HAZEN DIR. OF FACILITIES & SERVICES 52200 0 0 0 135011 0 5051 0 3616 0 195878 0 0 0 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 175234 0 0 0 37 0 15382 0 0 0 190653 0 0 0 AMY MCGAHERAN CHIEF HR & DEPUTY CHIEF INCL OFFICER 157646 0 0 0 737 0 15205 0 739 0 174327 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 4A IAN HAZEN, DIRECTOR OF FACILITIES AND SERVICES, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $135,000. THIS AMOUNT IS INCLUDED IN THE TOTAL REPORTED ON SCHEDULE J, PART II, COLUMN B(III). 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 0 0 0 B CITY OF SCHENECTADY IND DEV AGENCY SERIES 2008A 141699509 806476BY2 2008-01-30 5660000 GRADUATE CENTER CONSTRUCTION 0 0 0 C ST LAWRENCE COUNTY IDA SERIES 2017 272614310 791078CK2 2017-04-27 33802512 RFD 03&07 ISSUES & BLDG IMPR 0 0 0 D ST LAWRENCE COUNTY IDA CDC SERIES 2021A 272614310 791078CY2 2021-06-24 14053351 REFUND 2011 BONDS 0 0 0 A 3070770 57033 3013737 2013 1 0 1 1 B 1520000 5660000 102500 76890 5480610 2009 0 0 1 1 C 920000 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 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 1 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 SCHEDULE K, PART IV, LINE 2B 05/21/2012 19,060,719 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. 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 4/27/2017 - 33,802,512 SLCIDA SERIES 2017 - 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. A ST LAWRENCE COUNTY IDA CDC SERIES 2012A 272614310 791078AK4 2012-05-31 19060719 RFD 09 BOND&RENV DORMS 0 0 0 A 19060719 266336 7942715 10851668 2012 0 0 1 1 A 0 0 1 1 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 X 44 4195356 AVG DATE OF CONTR X MISCELLANEOUS 1 1 NOMINAL 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. (3,773 FTE STUDENTS) U.S. NEWS & WORLD REPORT'S 2021 RANKINGS OF 'BEST COLLEGES' AGAIN PLACED CLARKSON UNIVERSITY IN TIER ONE, THE TOP TIER OF NATIONAL UNIVERSITIES. CLARKSON RANKED IN THE TOP 125 INSTITUTIONS IN THE NATIONS. CONTRIBUTING TO CLARKSON'S OVERALL RANKING WERE ITS ACADEMIC REPUTATION, ITS GRADUATE RATE, AND THE POTENTIAL FOR STUDENT SOCIAL MOBILITY. CLARKSON IS ONCE AGAIN ON THE U.S. NEWS 'GREAT SCHOOLS, GREAT PRICES' LIST (BEST VALUE SCHOOLS). THE PRINCETON REVIEW SLECTED CLARKSON FOR ITS LIST 'TOP 50 UNDERGRADUATE SCHOOLS FOR ENTREPRENEURSHIP STUDIES FOR 2021'. IN ITS PROFILE ON CLARKSON, THE PRINCETON REVIEW SALUTED THE SCHOOL FOR ITS HIGHLY-COLLABORATIVE COMMUNITY THAT IGNITES CONNECTIONS ACROSS FIELDS, INDUSTRIES, AND CULTURES, IN JANUARY 2021, CLARKSON WAS FEATURED IN THE NEW COLLEGE GUIDEBOOK 'COLLEGES WORTH YOUR MONEY'. CLARKSON WAS ONE OF ONLY 150 INSTITUTIONS THAT WERE SELECTED FOR INCLUSION IN THE FIRST EDITION OF THE ANNUAL COLLEGE GUIDE. 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 A, LINE 4 THE DELEGATION OF AUTHORITY WAS EXPANDED TO CLARIFY THE TRIGGERING EVENTS FOR FULL BOARD AUTHORIZATION, INCLUDING EVENTS RELATED TO PROPERTY ACQUISITION AND LEASES, THE USE OF GIFT PROCEEDS, CAPITAL EXPENDITURES, AND LINES OF CREDIT. 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 AND APPROVAL; 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 TEH 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 MANAGEMENT FEE -38,110. NET GAIN (LOSS) ON RELATED ENTITY -65,550. POST RETIREMENT ADJUSTMENT 1,850,951. UNREALIZED GAIN/LOSS SECURITIES 420 1,729,800. UNREALIZED GAIN/LOSS 180 21,757. MISCELLANEOUS -66. 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 476584 2726103 1.00000 1 CHARITABLE REMAINDER TRUSTS NY (3) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NY N/A T 1 CHARITABLE REMAINDER TRUSTS FL (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR FL N/A T 1 CHARITABLE REMAINDER TRUSTS SC (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR SC N/A T 1 CHARITABLE REMAINDER TRUSTS AZ (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR AZ N/A T 1 CHARITABLE REMAINDER TRUSTS NJ (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NJ N/A T 1 CHARITABLE REMAINDER TRUSTS MA (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR MA N/A T 1 CHARITABLE REMAINDER TRUSTS ME (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR ME N/A T 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 JR WESTON P 233034 FMV JR WESTON Q 115247 FMV