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ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-30
IRS object ID
201931209349301243
Schema version
2017v2.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-04-30T15:30:09-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN160743140EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Rochester Institute of TechnologyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlROCHBusinessNameControlTxt
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line146 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14623ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJames H WattersPersonNm
Person TitleSr VP Finance & AdministrationPersonTitleTxt
Signature2019-04-30SignatureDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1David C Munson JrBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235603ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$997,202,971GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.rit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1830FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHROUGH A UNIQUE BLEND OF CURRICULAR, EXPERIENTIAL, AND RESEARCH PROGRAMS DELIVERED WITHIN A STUDENT-CENTRIC CULTURE, ROCHESTER INSTITUTE OF TECHNOLOGY PREPARES ITS STUDENTS FOR SUCCESSFUL CAREERS IN A GLOBAL SOCIETY.ActivityOrMissionDesc
Voting Members Governing Body52VotingMembersGoverningBodyCnt
Voting Members Independent47VotingMembersIndependentCnt
Total Employee12623TotalEmployeeCnt
Total Volunteers3471TotalVolunteersCnt
Total Gross UBI$5,708,216TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$2,166,324NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$127,991,300PYContributionsGrantsAmt
CY Contributions Grants$184,983,072CYContributionsGrantsAmt
PY Program Service Revenue$571,878,678PYProgramServiceRevenueAmt
CY Program Service Revenue$593,873,369CYProgramServiceRevenueAmt
PY Investment Income$19,919,887PYInvestmentIncomeAmt
CY Investment Income$56,547,270CYInvestmentIncomeAmt
PY Other Revenue$9,530,563PYOtherRevenueAmt
CY Other Revenue$10,639,819CYOtherRevenueAmt
PY Total Revenue$729,320,428PYTotalRevenueAmt
CY Total Revenue$846,043,530CYTotalRevenueAmt
PY Grants And Similar Paid$196,953,985PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$213,946,305CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$368,189,873PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$382,043,026CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$10,693,001CYTotalFundraisingExpenseAmt
PY Other Expenses$181,183,969PYOtherExpensesAmt
CY Other Expenses$83,969,463CYOtherExpensesAmt
PY Total Expenses$746,327,827PYTotalExpensesAmt
CY Total Expenses$679,958,794CYTotalExpensesAmt
PY Revenues Less Expenses-$17,007,399PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$166,084,736CYRevenuesLessExpensesAmt
Total Assets BOY$1,825,772,670TotalAssetsBOYAmt
Total Assets EOY$1,958,756,365TotalAssetsEOYAmt
Total Liabilities BOY$594,754,284TotalLiabilitiesBOYAmt
Total Liabilities EOY$524,479,369TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,231,018,386NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,434,276,996NetAssetsOrFundBalancesEOYAmt
MissionTHROUGH A UNIQUE BLEND OF CURRICULAR, EXPERIENTIAL, AND RESEARCH PROGRAMS DELIVERED WITHIN A STUDENT-CENTRIC CULTURE, ROCHESTER INSTITUTE OF TECHNOLOGY PREPARES ITS STUDENT FOR SUCCESSFUL CAREERS IN A GLOBAL SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$467,822,849ExpenseAmt
Grant$208,260,540GrantAmt
Revenue$504,296,756RevenueAmt
DescInstruction and Academic Support - Established in 1829, RIT is one of the world's premier universities with an innovative and creative student body from all fifty states and over 100 countries. RIT total enrollment in Fall 2017 was approximately 18,950, which included approximately 15,750 undergraduate and 3,200 graduate students. Approximately 16,775 students are enrolled at RIT's main campus and the remainder at international locations. RIT is comprised of nine colleges and two degree-granting academic units offering 235 graduate and undergraduate programs. NTID (National Technical Institute for the Deaf), one of RIT's colleges, is the world's first and largest technical institute college for deaf students with approximately 1,200 students from the United States and abroad. Over the preceding 10 years, enrollment has increased from 15,989 students in the Fall of 2007 to 18,963 students in the Fall of 2017, an increase of 19%.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$110,848,487ExpenseAmt
Grant$95,876GrantAmt
Revenue$85,511,339RevenueAmt
DescStudent 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 and services of auxiliary enterprises generated total revenue of $87.2 million, a increase of $2.5 million from the prior year. Surpluses from auxiliary services support the operating budget of the University.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$46,753,932ExpenseAmt
Grant$5,494,992GrantAmt
Revenue$4,065,273RevenueAmt
DescResearch and Public Support - RIT engages in public service activities that benefit the general community in which it resides, including training, postsecondary education for the 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 its 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.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$625,425,268TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsYes (true)ConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1512IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12623EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryHRForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (true)Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members52GoverningBodyVotingMembersCnt
Independent Voting Member47IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Lyn KellyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5854752383PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 Lomb Memorial DriveAddressLine1Txt
CityRochesterCityNm
State AbbreviationNYStateAbbreviationCd
ZIP146235603ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (73 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID C MUNSON
PRESIDENT40.00.1Yes (X)Yes (X)$406,071$0$61,971
ROBERT W AUGUST
TRUSTEE0.10.1Yes (X)$0$0$0
ERIC J BIEBER
TRUSTEE0.1Yes (X)$0$0$0
BROOKS H BOWER
TRUSTEE0.1Yes (X)$0$0$0
ANDREW N BRENNEMAN
TRUSTEE0.1Yes (X)$0$0$0
CHARLES S BROWN JR
TRUSTEE0.1Yes (X)$0$0$0
WILLIAM A BUCKINGHAM
TRUSTEE0.1Yes (X)$0$0$0
DAVID J BURNS
TRUSTEE0.10.1Yes (X)$0$0$0
ANN L BURR
TRUSTEE0.1Yes (X)$0$0$0
ESSIE L CALHOUN-MCDAVID
TRUSTEE0.1Yes (X)$0$0$0
CINDY L COOPER
TRUSTEE0.1Yes (X)$0$0$0
RICHARD M DASTIN
TRUSTEE0.1Yes (X)$0$0$0
ROBERT A DOBIES
TRUSTEE0.1Yes (X)$0$0$0
HYACINTH DRUMMOND
TRUSTEE0.1Yes (X)$0$0$0
NANCY L FEIN
TRUSTEE0.10.1Yes (X)$0$0$0
MARIANNE GOFF
TRUSTEE0.1Yes (X)$0$0$0
ARTHUR A GOSNELL
TRUSTEE0.1Yes (X)$0$0$0
BRIAN H HALL
TRUSTEE0.1Yes (X)$0$0$0
JEFFREY K HARRIS
TRUSTEE0.1Yes (X)$0$0$0
DARSHAN N HIRANANDANI
TRUSTEE0.10.1Yes (X)$0$0$0
SUSAN R HOLLIDAY
TRUSTEE0.1Yes (X)$0$0$0
JAY T HOLMES
TRUSTEE0.10.1Yes (X)$0$0$0
MARK E HAMISTER
TRUSTEE0.1Yes (X)$0$0$0
STEPHEN HOOVER PHD
TRUSTEE0.1Yes (X)$0$0$0
ANDREW R JACOBSON
TRUSTEE0.1Yes (X)$0$0$0
THOMAS F JUDSON JR
TRUSTEE0.1Yes (X)$0$0$0
RICHARD A KAPLAN
TRUSTEE0.10.1Yes (X)$0$0$0
RICK A KITTLES PHD
TRUSTEE0.1Yes (X)$0$0$0
JOYCE B KLEMMER
TRUSTEE0.1Yes (X)$0$0$0
ERIC J KUCKHOFF
TRUSTEE0.1Yes (X)$0$0$0
CHRISTOPHER LEHFELDT DDS
TRUSTEE0.1Yes (X)$0$0$0
AUSTIN W MCCHORD
TRUSTEE0.1Yes (X)$0$0$0
ROOSEVELT MERCER JR
TRUSTEE0.1Yes (X)$0$0$0
SHARON D NAPIER
TRUSTEE0.1Yes (X)$0$0$0
BRIAN P O'SHAUGHNESSY
TRUSTEE0.1Yes (X)$0$0$0
SANDRA A PARKER
TRUSTEE0.1Yes (X)$0$0$0
WOLFGANG PFIZENMAIER
TRUSTEE0.1Yes (X)$0$0$0
GERARD Q PIERCE
TRUSTEE0.1Yes (X)$0$0$0
SUSAN M PUGLIA
TRUSTEE0.1Yes (X)$0$0$0
ROBERT W RICE
TRUSTEE0.1Yes (X)$0$0$0
RONALD S RICOTTA
TRUSTEE0.1Yes (X)$0$0$0
SUSAN J RILEY
TRUSTEE0.1Yes (X)$0$0$0
RICHARD E SANDS
TRUSTEE0.1Yes (X)$0$0$0
JANET F SANSONE
TRUSTEE0.1Yes (X)$0$0$0
KEVIN M SHELDON
TRUSTEE0.1Yes (X)$0$0$0
FRANK S SKLARSKY
TRUSTEE0.1Yes (X)$0$0$0
KEVIN J SURACE
TRUSTEE0.1Yes (X)$0$0$0
SHARON TING
TRUSTEE0.1Yes (X)$0$0$0
HARRY P TRUEHEART III
TRUSTEE0.1Yes (X)$0$0$0
DONALD J TRUESDALE
TRUSTEE0.1Yes (X)$0$0$0
KIM E VANGELDER
TRUSTEE0.1Yes (X)$0$0$0
JUDY B VON BUCHER
TRUSTEE0.1Yes (X)$0$0$0
CHESTER N WATSON
TRUSTEE0.1Yes (X)$0$0$0
CHRISTINE B WHITMAN
TRUSTEE0.10.1Yes (X)$0$0$0
RONALD L ZARRELLA
TRUSTEE0.1Yes (X)$0$0$0
KAREN A BARROWS
SECRETARY OF THE INST AND CHIEF OF STAFF40.0Yes (X)$132,868$0$20,090
GERARD BUCKLEY
PRESIDENT NTID, VP AND DEAN RIT40.0Yes (X)$327,373$0$43,579
LISA A CAUDA
VP DEVELOPMENT AND ALUMNI RELATIONS40.0Yes (X)$300,957$0$34,592
JEREMY A HAEFNER
PROVOST AND SVP ACADEMIC AFFAIRS40.00.1Yes (X)$499,138$0$68,418
KEITH JENKINS
VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION40.0Yes (X)$177,150$0$49,128
SANDRA S JOHNSON
SVP STUDENT AFFAIRS40.0Yes (X)$336,632$0$46,181
KATHERINE J MAYBERRY
VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES40.0Yes (X)$256,672$0$33,499
JAMES G MILLER
SVP ENROLLMENT MGMT AND CAREER SVCS40.00.1Yes (X)$376,524$0$36,450
DANIEL ORNT
VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH40.0Yes (X)$434,524$0$40,428
RYNE RAFFAELLE
VP FOR RESEARCH AND ASSOC PROVOST40.0Yes (X)$300,568$0$126,138
DEBORAH M STENDARDI
VP GOVT AND COMMUNITY RELATIONS40.0Yes (X)$287,523$0$45,928
JOHN K TRIERWEILER
VP, CHIEF MARKETING OFFICER40.0Yes (X)$324,497$0$48,806
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION40.00.1Yes (X)$503,327$0$46,242
WILLIAM W DESTLER
FORMER PRESIDENT40.0$951,049$0$66,235Yes (X)
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING40.0$310,836$0$41,958Yes (X)
ANNE HAAKE
DEAN, GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES40.0$328,117$0$28,924Yes (X)
JACQUELINE MOZRALL
DEAN, SAUNDERS COLLEGE OF BUSINESS40.0$321,483$0$82,964Yes (X)
NABIL Z NASR
ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY40.0$481,839$0$45,109Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,057,148TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$966,640TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K571IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
LECHASE CONSTRUCTION SERVICES LLC
205 INDIGO CREEK DRROCHESTERNY14626CONSTRUCTION SERVICES$1,506,846
BOND SCHOENECK & KING PLLC
ONE LINCOLN CENTERSYRACUSENY132021355LEGAL SERVICES$866,694
AMERICAN CAMPUS COMMUNITIES OPERATING PTP LLC
400 PARK POINT DRIVEROCHESTERNY14623RENT$734,569
HAMILTON STERN CONSTRUCTION
3850 MONROE AVEPITTSFORDNY14534CONSTRUCTION SERVICES$629,273
DGA BUILDERS LLC
1170 PITTSFORD VICTOR RDPITTSFORDNY14534CONSTRUCTION SERVICES$596,778SUITE 100
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K31CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$19,280FundraisingAmt
Government Grants$112,970,173GovernmentGrantsAmt
All Other Contributions$71,993,619AllOtherContributionsAmt
Noncash Contributions$2,915,489NoncashContributionsAmt
Total Contributions$184,983,072TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Tuition900099$501,176,597$501,176,597$0$0
Auxiliary services721000$76,852,167$0$0$76,852,167
Research900099$1,176,274$0$772,412$403,862
Non-credit Instruction900099$3,235,599$3,106,494$129,105$0
Fees713990$2,607,471$0$0$2,607,471

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,825,261TotalRevenueColumnAmt
Related Or Exempt Func Income$8,590,379RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,860UnrelatedBusinessRevenueAmt
Exclusion$232,022ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$593,873,369TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,723,565TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$399,672UnrelatedBusinessRevenueAmt
Exclusion$17,123,237ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,089TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,089ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$327,780TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$327,780ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$800,021RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$796,236RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$3,785RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,785TotalRevenueColumnAmt
Exclusion$3,785ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$184,111,573SecuritiesAmt
Other$6,055,678OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$150,702,901SecuritiesAmt
Other-$358,266OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$33,408,672SecuritiesAmt
Other$6,413,944OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,822,616TotalRevenueColumnAmt
Related Or Exempt Func Income$21,804RelatedOrExemptFuncIncomeAmt
Exclusion$39,800,812ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$21,455FundraisingGrossIncomeAmt
Fundraising Direct Expenses$18,570FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,885TotalRevenueColumnAmt
Exclusion$2,885ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
RIT Inn and Conference Center721110$4,036,523$0$4,036,523$0
Bookstore Commissions451211$971,660$0$0$971,660
Parking812930$1,435,942$1,432,636$3,306$0

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,861,244TotalRevenueColumnAmt
Related Or Exempt Func Income$1,694,694RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,163,682UnrelatedBusinessRevenueAmt
Exclusion$1,002,868ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,305,369OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$846,043,530TotalRevenueColumnAmt
Related Or Exempt Func Income$516,022,604RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$5,708,216UnrelatedBusinessRevenueAmt
Exclusion$139,329,638ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$597,736TotalAmt
Program Services$597,736ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$213,305,914TotalAmt
Program Services$213,305,914ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$42,655TotalAmt
Program Services$42,655ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,197,394TotalAmt
Program Services$1,507,858ProgramServicesAmt
Management And General$2,634,732ManagementAndGeneralAmt
Fundraising$1,054,804FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$284,990,687TotalAmt
Program Services$256,019,973ProgramServicesAmt
Management And General$23,179,271ManagementAndGeneralAmt
Fundraising$5,791,443FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,456,682TotalAmt
Program Services$18,974,010ProgramServicesAmt
Management And General$1,973,158ManagementAndGeneralAmt
Fundraising$509,514FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$51,383,388TotalAmt
Program Services$46,091,287ProgramServicesAmt
Management And General$4,023,930ManagementAndGeneralAmt
Fundraising$1,268,171FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$19,014,875TotalAmt
Program Services$16,814,736ProgramServicesAmt
Management And General$1,748,609ManagementAndGeneralAmt
Fundraising$451,530FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$744,906TotalAmt
Program Services$572,804ProgramServicesAmt
Management And General$172,102ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,107,511TotalAmt
Program Services$204,775ProgramServicesAmt
Management And General$900,825ManagementAndGeneralAmt
Fundraising$1,911FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$323,655TotalAmt
Program Services$4,070ProgramServicesAmt
Management And General$319,585ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$354,881TotalAmt
Program Services$7,880ProgramServicesAmt
Management And General$333,819ManagementAndGeneralAmt
Fundraising$13,182FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$168,306TotalAmt
Management And General$168,306ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$28,485,081TotalAmt
Program Services$23,242,037ProgramServicesAmt
Management And General$5,048,701ManagementAndGeneralAmt
Fundraising$194,343FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,319,538TotalAmt
Program Services$1,098,614ProgramServicesAmt
Management And General$216,025ManagementAndGeneralAmt
Fundraising$4,899FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$42,953,374TotalAmt
Program Services$38,016,417ProgramServicesAmt
Management And General$4,516,773ManagementAndGeneralAmt
Fundraising$420,184FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,642,576TotalAmt
Program Services$5,008,311ProgramServicesAmt
Management And General$447,720ManagementAndGeneralAmt
Fundraising$186,545FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$30,743TotalAmt
Program Services$30,743ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$11,533,570TotalAmt
Program Services$10,895,336ProgramServicesAmt
Management And General$634,249ManagementAndGeneralAmt
Fundraising$3,985FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,198,456TotalAmt
Program Services$12,354,233ProgramServicesAmt
Management And General$1,124,782ManagementAndGeneralAmt
Fundraising$719,441FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,518,005TotalAmt
Program Services$8,697,988ProgramServicesAmt
Management And General$820,017ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$39,575,434TotalAmt
Program Services$36,258,951ProgramServicesAmt
Management And General$3,316,483ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,493,328TotalAmt
Program Services$1,406,282ProgramServicesAmt
Management And General$87,046ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EXPENSE RECOVERIES FROM AFFILIATES-$2,666,451-$2,001,124-$665,327
POSTRETIREMENT BENEFITS ASC 715-$79,436,406-$70,320,693-$9,115,713
ASSET RETIREMENT OBLIGATIONS$6,667,686$6,322,749$344,937
BAD DEBT EXPENSE$1,048,690$35,382$1,013,308

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$906,580TotalAmt
Program Services$236,344ProgramServicesAmt
Management And General$597,187ManagementAndGeneralAmt
Fundraising$73,049FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$679,958,794TotalAmt
Program Services$625,425,268ProgramServicesAmt
Management And General$43,840,525ManagementAndGeneralAmt
Fundraising$10,693,001FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$363,565BOYAmt
EOY$753,089EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$72,934,856BOYAmt
EOY$59,760,215EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,975,975BOYAmt
EOY$72,578,597EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$49,773,669BOYAmt
EOY$46,193,931EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,289,391BOYAmt
EOY$1,001,613EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,711,963BOYAmt
EOY$7,810,251EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,210,517,915LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$556,984,077LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$641,964,534BOYAmt
EOY$653,533,838EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$270,149,737BOYAmt
EOY$252,840,301EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$749,622,265BOYAmt
EOY$864,284,530EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,986,715BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,825,772,670BOYAmt
EOY$1,958,756,365EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$45,672,163BOYAmt
EOY$47,019,105EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$28,570,878BOYAmt
EOY$32,053,226EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$259,716,441BOYAmt
EOY$249,314,717EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$12,800,549BOYAmt
EOY$25,800,588EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$247,994,253BOYAmt
EOY$170,291,733EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$594,754,284BOYAmt
EOY$524,479,369EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$796,531,372BOYAmt
EOY$920,399,744EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$268,524,209BOYAmt
EOY$316,772,709EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$165,962,805BOYAmt
EOY$197,104,543EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,231,018,386BOYAmt
EOY$1,434,276,996EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,825,772,670BOYAmt
EOY$1,958,756,365EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$166,084,736ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$37,173,874NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$118,057,267CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$124,842,445CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$131,428,212CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$127,966,940CurrentTaxYearMinus1YearAmt
Current Tax Year$184,976,272CurrentTaxYearAmt
Total$687,271,136TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$118,057,267CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$124,842,445CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$131,428,212CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$127,966,940CurrentTaxYearMinus1YearAmt
Current Tax Year$184,976,272CurrentTaxYearAmt
Total$687,271,136TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$35,601,444SubstantialContributorsTotAmt
Public Support Total170$651,669,692PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,909,633CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,006,334CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,467,048CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,376,022CurrentTaxYearMinus1YearAmt
Current Tax Year$18,252,127CurrentTaxYearAmt
Total$83,011,164TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,905,496CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,933,093CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,964,075CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,896,844CurrentTaxYearMinus1YearAmt
Current Tax Year$1,995,983CurrentTaxYearAmt
Total$9,695,491TotalAmt
FieldValueIRS element (for citing)
Total Support$779,977,791TotalSupportAmt
Gross Receipts Rltd Activities$2,383,543,189GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8355PublicSupportCY170Pct
Public Support PY1700.8771PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - COMMISSIONS - BOOKSTORE, COLUMN A - 971660.0, COLUMN B - 971660.0, COLUMN C - 971660.0, COLUMN D - 971660.0, COLUMN E - 971660.0, COLUMN F - 4858300.0; DESCRIPTION - MARGARETS HOUSE, COLUMN A - 848998.0, COLUMN B - 887201.0, COLUMN C - 907015.0, COLUMN D - 861031.0, COLUMN E - 977198.0, COLUMN F - 4481443.0; DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 32734.0, COLUMN B - 30633.0, COLUMN C - 28358.0, COLUMN D - 21828.0, COLUMN E - 21455.0, COLUMN F - 135008.0; DESCRIPTION - ALL OTHER REVENUE, COLUMN A - 52104.0, COLUMN B - 43599.0, COLUMN C - 57042.0, COLUMN D - 42325.0, COLUMN E - 25670.0, COLUMN F - 220740.0;ExplanationTxt

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$395,030FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$395,030FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$625,030,238FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$625,425,268FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$372,198CurrentYearMinus3Amt
Current Year Minus2$396,871CurrentYearMinus2Amt
Current Year Minus1$398,846CurrentYearMinus1Amt
Current Year$395,030CurrentYearAmt
Total$1,562,945TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$0CurrentYearMinus3Amt
Current Year Minus2$0CurrentYearMinus2Amt
Current Year Minus1$0CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$0TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Preservation Public UseYes (X)PreservationPublicUseInd
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements1TotalEasementsCnt
Total Acreage32.0TotalAcreageCnt
Historic Structure Easements0HistoricStructureEasementsCnt
Historic Strctr Easements Aftr0HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringfalseWrittenPolicyMonitoringInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$1,750RevenuesIncludedAmt
Assets Included$12,379,999AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEDUCATIONOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$847,211,461BeginningYearBalanceAmt
Contributions$42,513,404ContributionsAmt
Investment Earnings Or Losses$82,689,101InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,919,050GrantsOrScholarshipsAmt
Other Expenditures$26,332,737OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$938,162,179EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$750,894,725BeginningYearBalanceAmt
Contributions$16,532,778ContributionsAmt
Investment Earnings Or Losses$108,843,391InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,395,557GrantsOrScholarshipsAmt
Other Expenditures$21,663,876OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$847,211,461EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$761,936,337BeginningYearBalanceAmt
Contributions$20,576,277ContributionsAmt
Investment Earnings Or Losses-$1,429,899InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,277,918GrantsOrScholarshipsAmt
Other Expenditures$22,910,072OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$750,894,725EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$753,950,862BeginningYearBalanceAmt
Contributions$16,583,606ContributionsAmt
Investment Earnings Or Losses$17,755,661InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,830,883GrantsOrScholarshipsAmt
Other Expenditures$19,522,909OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$761,936,337EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$669,331,907BeginningYearBalanceAmt
Contributions$7,171,686ContributionsAmt
Investment Earnings Or Losses$105,705,608InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,605,396GrantsOrScholarshipsAmt
Other Expenditures$21,652,943OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$753,950,862EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.5257BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.2061PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2682TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,881,213OtherCostOrOtherBasisAmt
Book Value$10,881,213BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$997,590,865OtherCostOrOtherBasisAmt
Depreciation$449,175,026DepreciationAmt
Book Value$548,415,839BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$154,273,992OtherCostOrOtherBasisAmt
Depreciation$107,809,051DepreciationAmt
Book Value$46,464,941BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$47,771,845OtherCostOrOtherBasisAmt
Book Value$47,771,845BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$653,533,838TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
BENEFICIAL INTEREST IN TRUSTS$1,816,719F
CASH SURRENDER VALUE OF LIFE INSURANCE$172,157F
COMMINGLED EQUITY FUNDS$266,563,069F
COMMINGLED FIXED INCOME FUNDS$15,901,434F
PRIVATE PLACEMENTS$270,937,779F
HEDGE FUNDS$267,134,990F
CDARS HELD FOR INVESTMENT$41,758,382F
FieldValueIRS element (for citing)
Total Book Value Securities$864,284,530TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
FEDERAL PERKINS LOAN PROGRAM$22,819,844
ASSET RETIREMENT OBLIGATIONS$24,691,007
ASC 715 POSTRETIREMENT BENEFITS OBLIGATION$118,269,382
ALL OTHER$4,511,500
FieldValueIRS element (for citing)
Total Liability$170,291,733TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part II, Line 9 Conservation easements financial reportingIN 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.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE UNIVERSITY'S SPECIAL COLLECTIONS INCLUDE MANUSCRIPTS AND CORRESPONDENCE COLLECTIONS ON THE HISTORY AND PRACTICE OF GRAPHIC COMMUNICATION TECHNOLOGIES, HOLDINGS ON BOOKBINDING, PAPERMAKING, TYPE DESIGN, CALLIGRAPHY, AND BOOK ILLUSTRATION. COLLECTIONS ARE AVAILABLE TO STUDENTS, RESEARCHERS, AND THE PUBLIC THROUGH AN ONLINE DATABASE. THE UNIVERSITY CAMPUS IS ALSO HOME TO A COLLECTION OF PUBLIC ART INCLUDING, BUT NOT LIMITED TO, MURALS, PAINTINGS, AND STATUES.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE 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.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteThe University and its consolidated US subsidiaries, except for Venture Fund I, LLC (Fund I), are not-for-profit organizations, and generally exempt from income taxes on related income under Section 501(c)(3) of the IRC but are subject to unrelated business income tax on activities not related to their exempt purposes. Fund I, a limited liability company of which RIT is the investor member, is classified as a disregarded entity for federal income tax purposes. As of November 2017, RIT Croatia was no longer subject to the assessment of Corporate Profit Tax in Croatia, and in March 2018, RIT Croatia was re-entered into the Croatian Ministry of Finance non-profit registry. The accounting for income taxes Topic of the FASB Accounting Standards Codification addresses the determination of whether certain tax positions result in benefits claimed or expected to be claimed on a tax return and whether they should be recorded in the Consolidated Financial Statements. For tax-exempt entities, tax positions include the entity's tax-exempt status and assumptions used to determine unrelated business taxable income. The University believes its tax positions meet the more-likely-than-not recognition threshold referenced in the Topic.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYRIT'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 WHEN RECRUITING FOR OPEN POSITIONS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTTHE 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.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the CaribbeanInvestments$273,467,824
Europe (Including Iceland and Greenland)Investments$23,053,235
North America (Canada & Mexico only)Investments$1,504,306
Middle East and North AfricaInvestments$250,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$298,275,365SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$298,275,365TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionEurope (Including Iceland and Greenland)RegionTxt
Purpose Of GrantRESEARCH RELATED TO ENVIRONMENTAL, SOCIAL, AND CULTURAL CHANGE IN CONTEMPORARY GREENLANDPurposeOfGrantTxt
Cash Grant$42,655CashGrantAmt
Manner Of Cash DisbursementWireMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$40,735GrossReceiptsEvent1Amt
Charitable Contri Event1$19,280CharitableContriEvent1Amt
Gross Revenue Event1$21,455GrossRevenueEvent1Amt
Non Cash Prizes Event1$600NonCashPrizesEvent1Amt
Rent Facility Costs Event1$5,540RentFacilityCostsEvent1Amt
Food And Beverage Event1$7,219FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$5,211OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$40,735GrossReceiptsTotalAmt
Charitable Contributions Tot$19,280CharitableContributionsTotAmt
Gross Revenue Total Events$21,455GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$600NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$5,540RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$7,219FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$5,211OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$18,570DirectExpenseSummaryEventsAmt
Net Income Summary$2,885NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
AACSB INTERNATIONAl
777 S HARBOUR ISLAND BLVDTAMPAFL336025730436036286501C3$24,000Conference Sponsorship
AMERICAN HEART ASSOCIATION INC
7272 GREENVILLE AVEDALLASTX75231135613797501C3$10,000EVENT SPONSORSHIP
CENTER FOR YOUTH SERVICES
905 MONROE AVEROCHESTERNY14620160992259501C3$10,000Event Sponsorship
FLORIDA SCHOOL FOR THE DEAF & THE BLIND
207 SAN MARCO AVEST AUGUSTINEFL32084591003668501C3$6,500Conference Sponsorship
GREATER ROCHESTER CHAMBER OF COMMERCE
150 STATE STROCHESTERNY14614510439860501C6$17,000General Support, Conference Sponsorship, Event Sponsorship
GREATER ROCHESTER ENTERPRISE INC
ONE HSBC PLAZAROCHESTERNY14604100000080501C3$25,000SPONSORSHIP100 CHESTNUT ST SUITE 1910
HENRIETTA FIRE DISTRICT
850 BAILEY RDW HENRIETTANY14586160974231STATE OF NY$75,000General Support
HIGH TECH ROCHESTER INC
260 E MAIN ST NO 6000ROCHESTERNY14604161195028501C3$30,500EVENT SPONSORSHIP
MARCH OF DIMES
1275 MAMARONECK AVENUEWHITE PLAINSNY10605131846366501C3$10,000Event Sponsorship
NATIONAL ASSOCIATION OF THE DEAF
8630 FENTON STSILVER SPRINGMD20910941358295501C3$37,500Youth Leadership Sponsorship, Conference Sponsorship
NEW YORK BATTERY AND ENERGY STORAGE TECHNOLOGY CONSORTIUM INC
230 WASHINGTON AVE EXTALBANYNY12203272619304501C6$25,000General Support, Conference Sponsorship, Event Sponsorship
GATEHOUSE MEDIA NEW YORK HOLDINGS INC dba ROCHESTER BUSINESS JOURNAL INC
222 S 9TH STREET SUITE 900MINNEAPOLISMN55402364197660STATE LAW$7,600EVENT SPONSORSHIP
ROCHESTER FRINGE FESTIVAL INC
PO BOX 10508ROCHESTERNY14610452840652501C3$25,000Event Sponsorship
ROCHESTER REGIONAL HEALTH FOUNDATION
100 Kings Highway South NO 2300ROCHESTERNY14617222229425501C3$55,000Event Sponsorship
SENECA PARK ZOO SOCIETY Total
2222 St Paul StreetROCHESTERNY14621160905390501C3$8,000Event Sponsorship
SUSTAINABLE MANUFACTURING INNOVATION ALLIANCE INC
150 LUCIUS GORDON DRW HENRIETTANY14586813070192501C3$33,982General SupportSUITE 204
TENNESSEE TECHNOLOGICAL UNIVERSITY Total
DERRYBERRY HALLCookevilleTN38505620646806STATE OF TN$6,000Event Sponsorship
FieldValueIRS element (for citing)
Total501c3 Org12Total501c3OrgCnt
Total Other Org5TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP14072$204,008,900
GRADUATE RESEARCH ASSISTANCE417$6,556,962
FELLOWSHIPS14$80,976

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part III NUMBER OF RECIPIENTSTHE UNIVERSITY ESTIMATES THE NUMBER OF RECIPIENTS FROM RECORDS MAINTAINED IN OUR FINANCIAL AID (SCHOLARSHIPS) AND ACCOUNTS PAYABLE SYSTEM (GRADUATE RESEARCH ASSISTANCE STIPENDS AND FELLOWSHIPS) WHICH HAVE BEEN CLASSIFIED BY THE TYPE OF ASSISTANCE.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.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.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssfalseWrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DAVID C MUNSON
PRESIDENT$361,300$0$8,325$0$36,446$0$24,300$0$37,671$0$468,042$0$0$0
KAREN A BARROWS
SECRETARY OF THE INST AND CHIEF OF STAFF$129,774$0$0$0$3,094$0$13,106$0$6,984$0$152,958$0$0$0
GERARD BUCKLEY
PRESIDENT NTID, VP AND DEAN RIT$323,809$0$0$0$3,564$0$27,000$0$16,579$0$370,952$0$0$0
LISA A CAUDA
VP DEVELOPMENT AND ALUMNI RELATIONS$295,788$0$0$0$5,169$0$27,000$0$7,592$0$335,549$0$0$0
JEREMY A HAEFNER
PROVOST AND SVP ACADEMIC AFFAIRS$471,322$0$18,852$0$8,964$0$24,300$0$44,118$0$567,556$0$0$0
KEITH JENKINS
VP & ASSOC PROVOST FOR DIVERSITY & INCLUSION$175,306$0$0$0$1,844$0$18,613$0$30,515$0$226,278$0$0$0
SANDRA S JOHNSON
SVP STUDENT AFFAIRS$319,811$0$5,484$0$11,337$0$24,300$0$21,881$0$382,813$0$0$0
KATHERINE J MAYBERRY
VP FOR STRATEGIC PLANNING AND SPECIAL INITIATIVES$241,260$0$0$0$15,412$0$24,481$0$9,018$0$290,171$0$0$0
JAMES G MILLER
SVP ENROLLMENT MGMT AND CAREER SVCS$361,252$0$8,419$0$6,853$0$27,000$0$9,450$0$412,974$0$0$0
DANIEL ORNT
VP AND DEAN OF INST OF HEALTH SCIENCES AND TECH$426,118$0$0$0$8,406$0$24,300$0$16,128$0$474,952$0$0$0
RYNE RAFFAELLE
VP FOR RESEARCH AND ASSOC PROVOST$298,246$0$0$0$2,322$0$27,000$0$99,138$0$426,706$0$0$0
DEBORAH M STENDARDI
VP GOVT AND COMMUNITY RELATIONS$270,277$0$0$0$17,246$0$27,000$0$18,928$0$333,451$0$0$0
JOHN K TRIERWEILER
VP, CHIEF MARKETING OFFICER$273,250$0$0$0$51,247$0$24,300$0$24,506$0$373,303$0$0$0
JAMES H WATTERS
SVP FINANCE AND ADMINISTRATION$477,051$0$18,880$0$7,396$0$27,000$0$19,242$0$549,569$0$0$0
WILLIAM W DESTLER
FORMER PRESIDENT$880,417$0$55,463$0$15,169$0$24,300$0$41,935$0$1,017,284$0$0$0
DOREEN EDWARDS
DEAN COLLEGE OF ENGINEERING$310,836$0$0$0$0$0$24,300$0$17,658$0$352,794$0$0$0
ANNE HAAKE
DEAN, GOLISANO COLLEGE OF COMPUTING AND INFO SCIENCES$323,686$0$0$0$4,431$0$27,000$0$1,924$0$357,041$0$0$0
JACQUELINE MOZRALL
DEAN, SAUNDERS COLLEGE OF BUSINESS$318,450$0$0$0$3,033$0$27,000$0$55,964$0$404,447$0$0$0
NABIL Z NASR
ASST PROVOST, DIR GOLISANO INST OF SUSTAINABILITY$435,855$0$0$0$45,984$0$27,000$0$18,109$0$526,948$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 3 METHODS USED TO ESTABLISH COMPENSATIONTHE 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.
Schedule J, Part I, Line 1a Travel for companionsWHEN BUSINESS CIRCUMSTANCES WARRANT, THE UNIVERSITY MAY PAY FOR TRAVEL FOR COMPANIONS OF THE OFFICERS AND/OR HIGHLY COMPENSATED EMPLOYEES WHEN THEIR GUEST IS A FAMILY MEMBER, WHETHER OR NOT FOR BONA FIDE BUSINESS PURPOSES. THE PERSONAL USE PORTION OF THE BENEFIT IS TREATED AS TAXABLE COMPENSATION AND ADDED TO THE EMPLOYEES' FORM W-2.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useDUE 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.
Schedule J, Part I, Line 1a Health or social club dues or initiation feesTHE UNIVERSITY PAYS SOCIAL CLUB INITIATION FEES AND DUES FOR EIGHT 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.
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expensesEACH 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.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DASNY RIT SERIES 2006A
A14600029364983QF382006-05-04$61,706,239SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse
DASNY RIT SERIES 2008A
B1460002936499034Y42008-11-13$84,352,284SEE SUPPLEMENTAL INFORMATIONYes (true)falsefalse
DASNY RIT SERIES 2010
C1460002936499054S22010-10-21$83,324,343SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse
DASNY RIT SERIES 2012A
D146000293649907HM72012-12-12$168,217,368SEE SUPPLEMENTAL INFORMATIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$33,900,000$0$61,710,620$0$0$0$457,585$470,127$15,809$0$60,767,099$02000falseYes (true)Yes (true)Yes (true)
B$7,900,000$76,100,000$85,041,578$0$0$0$684,437$0$0$83,691,277$665,864$02010falsefalseYes (true)Yes (true)
C$11,975,000$0$83,421,727$0$0$0$559,987$0$0$38,134,885$44,726,855$02013falseYes (true)Yes (true)Yes (true)
D$2,570,000$0$168,328,534$0$2,881,587$109,309,562$854,858$0$0$58,089,438$75,000$02015falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0.00.00.0
B0.00240.00020.0026falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)
C0.01140.00.0114falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)
D0.02880.00010.0289falseYes (true)Yes (true)falseYes (true)falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
BfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
CfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
DfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (19 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 11 LINE 11D, SERIES 2012OTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2010LINE C (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.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2006ALINE A (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).
Schedule K, Part II, Line 7 LINE 7B, SERIES 2008AORIGINAL 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 10B, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 11 LINE 11A, SERIES 2006AOTHER 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.
Schedule K, Part II, Line 11 LINE 11C, SERIES 2010OTHER 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.
Schedule K, Part II, Line 3 LINES 3A, 3B, 3C; 2006A, 2008A, 2010, RESPECTIVELYTOTAL PROCEEDS OF ISSUE, INCLUDES INVESTMENT PROCEEDS OF $4,381, $689,295, AND $97,384, RESPECTIVELY.
Schedule K, Part II, Line 3 LINE 3D, SERIES 2012ATOTAL PROCEEDS OF ISSUE, INCLUDE INVESTMENT PROCEEDS OF $111,166.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2012ALINE D (F): THE 2012 PROJECT CONSISTS OF THE CONSTRUCTION OF AN ICE ARENA, RENOVATIONS AND IMPROVEMENTS TO THE INSTITUTE OF HEALTH SCIENCE AND TECHNOLOGY, RENOVATIONS OF LABS, ACQUISITION OF UNIVERSITY COMMONS II, AND PARTIAL REFUNDING OF THE SERIES 2002B AND 2008A.
Schedule K, Part II, Line 7 LINE 7D, SERIES 2012ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $832,806 WERE ADJUSTED FOR $22,052 OF ADDITIONAL PROCEEDS. THESE PROCEEDS, ($22,052), TOGETHER WITH INVESTMENT PROCEEDS OF $111,166, ARE INCLUDED IN PART II, LINE 10D, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 7 LINE 7A, SERIES 2006AORIGINAL 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 9A, WORKING CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part I, Column (f) ISSUER NAME - DASNY, RIT SERIES 2008ALINE B (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.
Schedule K, Part II, Line 9 LINE 9A, SERIES 2006AWORKING CAPITAL EXPENDITURES FROM PROCEEDS REPRESENT UNUSED ORIGINAL ISSUANCE PROCEEDS OF $11,428 AND INVESTMENT PROCEEDS OF $4,381. THE INVESTMENT PROCEEDS ARE INCLUDED IN PART II, LINE 3A TOTAL PROCEEDS OF ISSUE.
Schedule K, Part II, Line 7 LINE 7C, SERIES 2010ORIGINAL ISSUANCE COSTS FROM PROCEEDS OF $597,487 WERE ADJUSTED FOR $37,500 OF UNUSED PROCEEDS. THESE PROCEEDS ($37,500), TOGETHER WITH INVESTMENT PROCEEDS OF $97,384, ARE INCLUDED IN PART II, LINE 10C, CAPITAL EXPENDITURES FROM PROCEEDS.
Schedule K, Part II, Line 11 LINE 11B, SERIES 2008AOTHER SPENT PROCEEDS, INCLUDES $75,000 FOR ISSUER/DASNY FEES AND $590,864 FOR STATE ISSUANCE FEES.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: DASNY, RIT SERIES 2006A The calculation for computing no rebate due was performed on 12/31/2015
Schedule K, Part IV, Line 2c COLUMN BIssuer name: DASNY, RIT SERIES 2008A The calculation for computing no rebate due was performed on 12/31/2012
Schedule K, Part IV, Line 2c COLUMN CIssuer name: DASNY, RIT SERIES 2010 The calculation for computing no rebate due was performed on 12/31/2014
Schedule K, Part IV, Line 2c COLUMN DIssuer name: DASNY, RIT SERIES 2012A The calculation for computing no rebate due was performed on 12/31/2016

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$39,506CashGrantAmt
Type Of AssistanceTUITION WAIVERTypeOfAssistanceTxt
Assistance PurposeGENERAL SUPPORTAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (6 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
THE PIKE COMPANY
TRUSTEE, THOMAS JUDSON, CHAIRMAN OF PIKE CO, WITH HIS FAMILY OWN > 35% OF THE COMPANY.$3,524,980PIKE PROVIDED CONSTRUCTION SERVICES TO RIT; RIT PROVIDED TRAINING TO PIKE EMPLOYEESfalse
DATTO INC
TRUSTEE, AUSTIN MCCHORD, IS FOUNDER, CEO, AND OWNER OF >35% OF THE STOCK OF DATTO, INC.$178,918DATTO RENTED REAL ESTATE FROM RITfalse
DEVON WATTERS
FAMILY MEMBER OF OFFICER$48,802PAYMENT OF COMPENSATIONfalse
ODESSA DESPOT
FAMILY MEMBER OF OFFICER$77,263PAYMENT OF COMPENSATIONfalse
MCLEAN BULMER
FAMILY MEMBER OF TRUSTEE$63,640PAYMENT OF COMPENSATIONfalse
NATALIE SURACE
FAMILY MEMBER OF TRUSTEE$50,343PAYMENT OF COMPENSATIONfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$1,750NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution43ContributionCnt
Noncash Contributions Rpt F990$2,339,792NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution6ContributionCnt
Noncash Contributions Rpt F990$76,310NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment13$418,425Market value
Yes (X)Consumables19$507,298Market value
Yes (X)Other10$9,716Market value
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I LINES 1-28, COLUMN BTHE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsThe University will, on occasion, contract with a third party for the purpose of disposing of contributed assets that it does not have further use for and which are of a specialized nature.
Schedule M, Part I Explanations of reporting method for number of contributionsArt - Works of art - Number of contributions Securities - Publicly traded - Number of contributions Collectibles - Number of contributions Other - Equipment Number of contributions Other - Consumables Number of contributions Other - Other Number of contributions

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsSUSAN R HOLLIDAY, RICHARD A KAPLAN, CHRISTINE B WHITMAN, AND RONALD L ZARRELLA ARE RIT TRUSTEES, AND JAMES H WATTERS IS AN OFFICER. - Business relationship, COMPLEMAR PARTNERS INC: SUSAN R HOLLIDAY (DIRECTOR) AND CHRISTINE B WHITMAN (CHAIR AND CEO). - Business relationship, VNOMICS CORP: RICHARD A KAPLAN (DIRECTOR), JAMES H WATTERS (DIRECTOR), AND RONALD L ZARRELLA (CHAIR, OWNER OF > 10% OF COMPANY). - Business relationship, VIGGI CORP: RICHARD A KAPLAN (CHAIRMAN) AND JAMES H WATTERS (BOARD MEMBER) - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPRIOR TO FILING THE RETURN, THE PREPARED RIT FORM 990 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.
Form 990, Part VI, Line 12c Conflict of interest policyTHE 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
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE 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.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE 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.
Form 990, Part VI, Line 19 Required documents available to the publicTHE 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 INFORMATION AND RESOURCES. ADDITIONALLY, THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VIII, Line 2f Other Program Service RevenueAll Other Program Services Revenue - Total Revenue: 8825261, Related or Exempt Function Revenue: 8590379, Unrelated Business Revenue: 2860, Revenue Excluded from Tax Under Sections 512, 513, or 514: 232022;
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueOther - Total Revenue: 3861244, Related or Exempt Function Revenue: 1694694, Unrelated Business Revenue: 1163682, Revenue Excluded from Tax Under Sections 512, 513, or 514: 1002868;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
5257 W HENRIETTA ROAD LLC
5257 W HENRIETTA RDHENRIETTANY14586161609483OWN REAL PROPERTYNY$5,221,180$25,262,914ROCHESTER INSTITUTE OF TECHNOLOGY
MAGIC SPELL STUDIOS LLC
ONE LOMB MEMORIAL DRIVEROCHESTERNY14623464163650DIGITAL RESEARCH CENTERNY$2,860$34,685ROCHESTER INSTITUTE OF TECHNOLOGY
RIT VENTURE FUND I LLC
5 LOMB MEMORIAL DRIVEROCHESTERNY14623455183880INVESTMENTSDE$0$56,050ROCHESTER INSTITUTE OF TECHNOLOGY

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
RIT GLOBAL DELIVERY CORPORATION
5 LOMB MEMORIAL DRIVEEASTMAN-4000ROCHESTERNY14623201151703EDUCATIONAL PURPOSESNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
RIT CAMPUS CLUB INC
39 LOMB MEMORIAL DRIVEROCHESTERNY14623161201526SUPPORT RITNY501(c)(3)11ROCHESTER INSTITUTE OF TECHNOLOGYfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmt
RIT CAMPUS CLUB INC
A$703,788
RIT CAMPUS CLUB INC
L$3,165,168
RIT CAMPUS CLUB INC
S$309,668
RIT GLOBAL DELIVERY CORPORATION
S$880,224