ROCHESTER INSTITUTE OF TECHNOLOGY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ROCHESTER INSTITUTE OF TECHNOLOGY (EIN 16-0743140)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201221329349301832
- Schema version
- 2010v3.4
- Note
- A later return for the same period supersedes this one.
- 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
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T13:06:40-00:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 160743140 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rochester Institute of Technology | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROCH | NameControl |
| Phone | 5854752383 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 14623 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James H Watters | Name |
| Title | VP Finance Administration | Title |
| Date Signed | 2012-05-10 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | William Destler | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 14623 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 707812474 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.rit.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1905 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | To provide technology-based educational programs for personal and professional development. We rigorously pursue new and emerging career areas. Teaching, scholarship, leadership and development, and student success are our central enterprises. To provide technology-based educational programs for personal and professional development. We rigorously pursue new and emerging career areas. Teaching, scholarship, leadership and development, and student success are our central enterprises. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 57 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 54 | NbrIndependentVotingMembers |
| Total Nbr Employees | 11961 | TotalNbrEmployees |
| Total Nbr Volunteers | 2944 | TotalNbrVolunteers |
| Total Gross UBI | 4489705 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1559675 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 122190381 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 125153579 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 419749056 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 442479195 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 21741700 | InvestmentIncomePriorYear |
| Investment Income Current Year | 24663760 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 9164485 | OtherRevenuePriorYear |
| Other Revenue Current Year | 11356062 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 572845622 | TotalRevenuePriorYear |
| Total Revenue Current Year | 603652596 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 121589047 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 129298642 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 299712874 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 315251754 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8196686 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 152914027 | OtherExpensePriorYear |
| Other Expenses Current Year | 130377567 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 574215948 | TotalExpensesPriorYear |
| Total Expenses Current Year | 574927963 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1370326 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 28724633 | RevenuesLessExpensesCY |
| Total Assets BOY | 1339883724 | TotalAssetsBOY |
| Total Assets EOY | 1462494283 | TotalAssetsEOY |
| Total Liabilities BOY | 459839192 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 475174098 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 880044532 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 987320185 | NetAssetsOrFundBalancesEOY |
| Mission Description | We develop and deliver curricula and advance scholarship relevant to emerging technologies and social conditions. Internal and external relationships expand our students experiential learning. Our community is committed to diversity and student centeredness and is distinguished by our innovative and collaborative spirit. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 373081801 | Expense |
| Grants | 126377996 | Grants |
| Revenue | 366111665 | Revenue |
| Description | Instruction and Academic Support - Established in 1829, RIT is a private coeducational university located in upstate New York, with approximately 17,200 full and part-time undergraduate and graduate students. RIT is comprised of nine colleges offering more than 200 graduate and undergraduate programs. NTID National Technical Institute for the Deaf, one of RITs colleges, is the worlds first and largest technical college for deaf students with approximately 990 students from the United States and abroad. For the past 20 years, US News and World Report has ranked RIT first or second in academic reputation among regional universities in the North. Over the preceding 10 years, total Fall enrollment has increased 2,823 full time equivalents FTEs or 24.7 from 11,414 in 2000 to 14,237 in 2010. Total scholarships increased 8.3 over the prior year and institutionally funded scholarships increased by 8.7 over the prior year. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 105789391 | Expense |
| Grants | 48723 | Grants |
| Revenue | 68312205 | Revenue |
| Description | Student 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 RITs educational mission. These services include housing operations and dining services. Sales Services of auxiliary enterprises generated total revenue of 63.8 million, an increase of 3.4 million over the prior year. Surpluses from auxiliary operations support the operating budget of the University. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 42545272 | Expense |
| Grants | 2867921 | Grants |
| Revenue | 8055325 | Revenue |
| Description | Research and Public Support - RIT engages in public service activities that benefit the general community, in which it resides, including training, postsecondary education for 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 our reputation in the scientific and technical communities in support of, or in concert with the Universitys exempt mission, while providing positive returns to our sponsoring partners. As articulated in RITs strategic plan, the University continues to expand its research portfolio resulting in a revenue growth of 3.9 from all sources over the prior year. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 521416464 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | true | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 1156 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 11961 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | HR | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 57 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 54 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Lyn Kelly | NamePerson |
| Telephone Number | 5854752383 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 Lomb Memorial Drive | AddressLine1 |
| City | Rochester | City |
| State | NY | State |
| ZIP Code | 146235603 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (73 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer | Highest Compensated EmployeeHighestCompensatedEmployee | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|---|---|
| William W Destler | ||||||||
| President | 040.00 | X | 695694 | 0 | 75888 | |||
| James J DeCaro | ||||||||
| Interim President NTID/VP Dean RIT | 040.00 | X | 261240 | 0 | 20989 | |||
| Jeremy A Haefner | ||||||||
| Provost and SVP, Academic Affairs | 040.00 | X | 355017 | 0 | 40931 | |||
| Karen A Barrows | ||||||||
| Secty Institute/Chief of Staff | 040.00 | X | 102608 | 0 | 14100 | |||
| James G Miller | ||||||||
| Senior VP Enrollment Mgmt Career Svcs | 040.00 | X | 380224 | 0 | 28823 | |||
| James H Watters | ||||||||
| Senior VP Finance Administration | 040.00 | X | 539380 | 0 | 42022 | |||
| Lisa A Cauda | ||||||||
| VP Development and Alumni Relations | 040.00 | X | 243452 | 0 | 27683 | |||
| Deborah M Stendardi | ||||||||
| VP Govt Community Relations | 040.00 | X | 213141 | 0 | 29003 | |||
| Donald L Boyd | ||||||||
| VP for Research | 040.00 | X | 208219 | 0 | 23934 | |||
| Katherine J Mayberry | ||||||||
| VP for Strategic Planning and Special Initiatives | 040.00 | X | 201938 | 0 | 27564 | |||
| Mary Beth A Cooper | ||||||||
| SVP Student Affairs | 040.00 | X | 219973 | 0 | 30615 | |||
| Stanley McKenzie | ||||||||
| Prof/Provost Emeritus Former Provost | 040.00 | 193745 | 0 | 22957 | X | |||
| Donald O Baker | ||||||||
| Exec.Dir. Center for Quality Appl. Statistics | 040.00 | 243259 | 0 | 19225 | X | |||
| Donald F Figer | ||||||||
| Prof/Director Center for Detectors | 040.00 | 260356 | 0 | 25923 | X | |||
| Nabil Z Nasr | ||||||||
| Asst Provost, Dir. Golisano Inst. Of Sustainability | 040.00 | 332596 | 0 | 33338 | X | |||
| Ashok Rao | ||||||||
| Dean E. Philip Saunders College of Business | 040.00 | 309983 | 0 | 25557 | X | |||
| John R Schott | ||||||||
| Wiedman Chair and Professor | 040.00 | 238286 | 0 | 29902 | X | |||
| Willem Appelo | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Kathleen C Anderson | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Donald N Boyce | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Andrew N Brenneman | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Irene Taylor Brodsky | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Charles S Brown Jr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| William A Buckingham | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| David J Burns | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Ann L Burr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Essie L Calhoun | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Mark C Clement | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Thomas A Curley | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Robert Dobies | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Donna J Ehrhart | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Nancy L Fein | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| B Thomas Golisano | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Arthur A Gosnell | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Bart G Guerreri | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Brian H Hall | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Jeffrey K Harris | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Frank S Hermance | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Susan R Holliday | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Jay T Holmes | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Samuel T Hubbard Jr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Thomas F Judson Jr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Richard A Kaplan | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Kraig H Kayser | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Joyce B Klemmer | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| David Koretz | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Gary J Lindsay | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Joseph M Lobozzo II | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Lawrence J Matteson | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Roosevelt Ted Mercer Jr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Harold M Mowl Jr | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Brian P O'Shaughnessy | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Sandra A Parker | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Wolfgang Pfizenmaier | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Gerard Q Pierce | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Susan M Puglia | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Robert W Rice | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Thomas S Richards | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Susan J Riley | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Richard E Sands | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Janet F Sansone | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Carl E Sassano | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Stephen L Schultz | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Frank S Sklarsky | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Kevin J Surace | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Sharon Ting | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Harry P Trueheart III | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Donald J Truesdale | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Judy B von Bucher | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Chester N Watson | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Robert D Wayland-Smith | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Christine B Whitman | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Ronald L Zarrella | ||||||||
| Trustee | 000.10 | 0 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4999111 | TotalReportableCompFromOrg |
| Total Other Compensation | 518454 | TotalOtherCompensation |
| Number Individuals GT100 K | 382 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Postler Danforth Joint Venture | |||||
| 930 Old Dutch Road | Victor | NY | 14564 | Heating and cooling | 869595 |
| Wiljeff LLC | |||||
| 1265 Scottsville Rd | Rochester | NY | 14624 | Rent | 801428 |
| Frederico Construction & Demolition LLC | |||||
| 1005 Chili Ave Ste 1 | Rochester | NY | 14611 | Construction | 520121 |
| Holland Knight LLP | |||||
| PO Box 864084 | Orlando | FL | 32886 | Legal services | 308430 |
| Sherwood Food Distributors | |||||
| 16625 Granite Rd | Maple Hts | OH | 44137 | Food supplier | 303143 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 16 | NumberOfContractorsGT100K |
| Government Grants | 104232791 | GovernmentGrants |
| All Other Contributions | 20920788 | AllOtherContributions |
| Noncash Contributions | 4739219 | NoncashContributions |
| Total Contributions | 125153579 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| Tuition | 900099 | 371812810 | 371812810 | ||
| Auxiliary Services | 721000 | 55598377 | $55,598,377 | ||
| Research | 900099 | 3305534 | $2,608,317 | 697217 | |
| Noncredit Instruction | 900099 | 3441349 | 3441349 | ||
| Special events | 713990 | 421701 | $77,979 | 343722 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7899424 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6035801 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 11643 | UnrelatedBusinessRevenue |
| Exclusion | $1,851,980 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 442479195 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12729680 | TotalRevenueColumn |
| Unrelated Business Revenue | -706719 | UnrelatedBusinessRevenue |
| Exclusion | $13,436,399 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56643 | TotalRevenueColumn |
| Exclusion | $56,643 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 228377 | TotalRevenueColumn |
| Exclusion | $228,377 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 410535 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 75805 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 334730 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 334730 | TotalRevenueColumn |
| Exclusion | $334,730 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 115909328 | Securities |
| Other | 52182 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 103562234 | Securities |
| Other | 521839 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12347094 | Securities |
| Other | -469657 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11877437 | TotalRevenueColumn |
| Exclusion | $11,877,437 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| RIT Inn and Conference Center | 721110 | 3611935 | 3611935 | |
| bookstoreBookstore comissions | 451211 | 915249 | $915,249 | |
| Deconsolidation of subsidiary | 900099 | 2236922 | $2,236,922 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4028849 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1938223 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 531907 | UnrelatedBusinessRevenue |
| Exclusion | $1,558,719 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 10792955 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 603652596 | TotalRevenueColumn |
| Related Or Exempt Function Income | 383228183 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 4489705 | UnrelatedBusinessRevenue |
| Exclusion | $90,781,129 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 455005 | Total |
| Program Services | 455005 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128689571 | Total |
| Program Services | 128689571 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 154066 | Total |
| Program Services | 154066 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3551070 | Total |
| Program Services | 1099876 | ProgramServices |
| Management And General | 1965630 | ManagementAndGeneral |
| Fundraising | 485564 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226904876 | Total |
| Program Services | 204818484 | ProgramServices |
| Management And General | 17745183 | ManagementAndGeneral |
| Fundraising | 4341209 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17555251 | Total |
| Program Services | 15589094 | ProgramServices |
| Management And General | 1606938 | ManagementAndGeneral |
| Fundraising | 359219 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51879791 | Total |
| Program Services | 44726134 | ProgramServices |
| Management And General | 5663904 | ManagementAndGeneral |
| Fundraising | 1489753 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15360766 | Total |
| Program Services | 13640387 | ProgramServices |
| Management And General | 1406064 | ManagementAndGeneral |
| Fundraising | 314315 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 302302 | Total |
| Program Services | 123542 | ProgramServices |
| Management And General | 178760 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 920218 | Total |
| Program Services | 229690 | ProgramServices |
| Management And General | 570696 | ManagementAndGeneral |
| Fundraising | 119832 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 259453 | Total |
| Management And General | 259453 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 382387 | Total |
| Management And General | 376762 | ManagementAndGeneral |
| Fundraising | 5625 | Fundraising |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132626 | Total |
| Management And General | 132626 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21875954 | Total |
| Program Services | 16654474 | ProgramServices |
| Management And General | 5037415 | ManagementAndGeneral |
| Fundraising | 184065 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 820507 | Total |
| Program Services | 672537 | ProgramServices |
| Management And General | 111892 | ManagementAndGeneral |
| Fundraising | 36078 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38173789 | Total |
| Program Services | 33508271 | ProgramServices |
| Management And General | 4274196 | ManagementAndGeneral |
| Fundraising | 391322 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5612238 | Total |
| Program Services | 4619528 | ProgramServices |
| Management And General | 899820 | ManagementAndGeneral |
| Fundraising | 92890 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21952 | Total |
| Program Services | 21952 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11724908 | Total |
| Program Services | 11265257 | ProgramServices |
| Management And General | 459651 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11003054 | Total |
| Program Services | 9548493 | ProgramServices |
| Management And General | 1102106 | ManagementAndGeneral |
| Fundraising | 352455 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47780 | Total |
| Program Services | 47518 | ProgramServices |
| Management And General | 262 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7895597 | Total |
| Program Services | 7485026 | ProgramServices |
| Management And General | 410571 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31981625 | Total |
| Program Services | 29226258 | ProgramServices |
| Management And General | 2755367 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1476931 | Total |
| Program Services | 1403490 | ProgramServices |
| Management And General | 73441 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Postretirement benefits actuarial change | -8863647 | -7870934 | -972400 | -20313 |
| Nonoperating asset retirement obligation | -730691 | -698099 | -32592 | |
| Captioning | 171614 | 171614 | ||
| Gain/loss on extinguishment of debt | 3068397 | 2931533 | 136864 | |
| Bad debt expense | 2215364 | 174368 | 2040996 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1885209 | Total |
| Program Services | 2729329 | ProgramServices |
| Management And General | -888792 | ManagementAndGeneral |
| Fundraising | 44672 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 574927963 | Total |
| Program Services | 521416464 | ProgramServices |
| Management And General | 45314813 | ManagementAndGeneral |
| Fundraising | 8196686 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1194523 | BOY |
| EOY | 14453462 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52172854 | BOY |
| EOY | 53538660 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33698032 | BOY |
| EOY | 34329615 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55566279 | BOY |
| EOY | 63565768 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2147802 | BOY |
| EOY | 1991203 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6004527 | BOY |
| EOY | 6113779 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 874854749 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 341268906 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 514018990 | BOY |
| EOY | 533585843 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 298035626 | BOY |
| EOY | 339155997 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 374026567 | BOY |
| EOY | 413296324 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3018524 | BOY |
| EOY | 2463632 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1339883724 | BOY |
| EOY | 1462494283 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 54580924 | BOY |
| EOY | 52131564 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30680821 | BOY |
| EOY | 30175718 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 203300426 | BOY |
| EOY | 228044690 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171277021 | BOY |
| EOY | 164822126 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 459839192 | BOY |
| EOY | 475174098 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 672341094 | BOY |
| EOY | 640056352 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83419247 | BOY |
| EOY | 215262911 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124284191 | BOY |
| EOY | 132000922 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 880044532 | BOY |
| EOY | 987320185 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1339883724 | BOY |
| EOY | 1462494283 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 28724633 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 78551020 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Pertcentage170 | 0.00000 | PublicSupportPertcentage170 |
| Public Support Percentage509 | 0.00000 | PublicSupportPercentage509 |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 20957 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 403344 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 424301 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 521173678 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 521597979 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 433163 | CurrentYearMinus3 |
| Current Year Minus2 | 440376 | CurrentYearMinus2 |
| Current Year Minus1 | 442558 | CurrentYearMinus1 |
| Current Year | 424301 | CurrentYear |
| Total | 1740398 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 28158 | CurrentYearMinus3 |
| Current Year Minus2 | 33127 | CurrentYearMinus2 |
| Current Year Minus1 | 32790 | CurrentYearMinus1 |
| Current Year | 20957 | CurrentYear |
| Total | 115032 | Total |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preservation For Public Use | X | PreservationForPublicUse |
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 32.00 | TotalAcreage |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 4000 | RevenuesIncluded |
| Assets In Part X | 7013459 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 33575 | RevenuesIncluded |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Education | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | true | SolicitedAssetsForSale |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 559539414 | BeginningOfYearBalance |
| Contributions | 6852732 | Contributions |
| Investment Earnings Or Losses | 97039041 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5751946 | GrantsOrScholarships |
| Other Expenditures | 16717201 | OtherExpenditures |
| End Of Year Balance | 640962040 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 530411586 | BeginningOfYearBalance |
| Contributions | 6116934 | Contributions |
| Investment Earnings Or Losses | 44168388 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5809130 | GrantsOrScholarships |
| Other Expenditures | 15348364 | OtherExpenditures |
| End Of Year Balance | 559539414 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 671482363 | BeginningOfYearBalance |
| Contributions | 13217807 | Contributions |
| Investment Earnings Or Losses | -130157738 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6129443 | GrantsOrScholarships |
| Other Expenditures | 18001403 | OtherExpenditures |
| End Of Year Balance | 530411586 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.52000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.48000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10596148 | OtherCostOrOtherBasis |
| Book Value | 10596148 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 721812190 | OtherCostOrOtherBasis |
| Depreciation | 260790088 | Depreciation |
| Book Value | 461022102 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 120037546 | OtherCostOrOtherBasis |
| Depreciation | 80478818 | Depreciation |
| Book Value | 39558728 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22408865 | OtherCostOrOtherBasis |
| Book Value | 22408865 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 533585843 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (8 entries)
| DescriptionDescription | Method Of ValuationMethodOfValuation | Book ValueBookValue |
|---|---|---|
| Commingled Money Market Funds | F | |
| CDARS Held for Investment | F | 16183792 |
| Cash Surrender Value of Life Insurance | F | 81419 |
| Beneficial Interest in Trusts | F | 1487813 |
| Commingled in Equity Funds | F | 90836269 |
| Commingled Fixed Income Funds | F | 6525605 |
| Hedge Funds | F | 165389052 |
| Provate Placements | F | 132792374 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 413296324 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FAS106 Postretirement benefits obligation | $122,704,697 |
| Federal Perkins Loan Program | $21,643,148 |
| FIN47 Asset Retirement obligation | $15,092,549 |
| Payable Under Securities Lending | $295,400 |
| Taxable Bond Series 2004A | |
| Constant Maturity Swap | $261,825 |
| Payable to Global Delivery Corporation | |
| All Other | $4,824,507 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 164822126 | TotalOfAmounts |
| Total Revenue | 603652596 | TotalRevenue |
| Total Expenses | 574927963 | TotalExpenses |
| Excess Or Deficit For Year | 28724633 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 28724633 | ExcessOrDeficitPerFS |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| III | 4 | The Cary Library houses some 20,000 volumes and a growing number of manuscripts and correspondence collections on the history and practice of graphic communication technologies. Also included are impressive holdings on bookbinding, papermaking, type design, calligraphy and book illustration. The goal of developing the digital image database is to enable users all over the world to sample the wealth of rich materials housed in the collection. An additional feature is the inclusion in the schools curriculum of several courses which actually meet in the library. The Collections holdings are also available to outside researchers. |
| III | 4 | The Will Burtin Collection is an amalgamation of materials from graphic designer Will Burtin. It includes extensive client project files and documentation sketches, mechanicals, models, printed samples, photographs, business and professional correspondence, financial records, publications, personal papers, exhibit plans, and audio/visual materials. The collection is open for academic and public research. |
| III | 4 | The Public Art on Campus Collection is a series of 31 pieces of fine art including, but not limited to murals, paintings, and statues. All of these works enliven and enrich the cultural environment of RIT, while those that grace the public spaces of our campus help to define and enhance the buildings and walkways they inhabit. |
| IV | 11f | Effective July 1, 2007, the University adopted FIN 48, and interpretation of SFAS 109 Accounting for Income Taxes. As a tax-exempt organization, the University has a very limited number of tax positions subject to FIN 48, and believes its tax positions meet the more-likely-than-not recognition threshold in FIN 48 and as such, has included the effects of those tax positions in its financial statements. |
| V | 4 | The intended uses of the Universitys endowment funds, as determined by either donor restriction or board designation, include scholarships, awards, professorships, lectures, and other general support of the Universitys educational and research mission. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I | Identifier |
| Return Reference | 6a | ReturnReference |
| Explanation | The 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. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|
| Europe | Grantmaking | 154066 |
| Central America and the Caribbean | Investments | 157487739 |
| Europe | Investments | 945809 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 158587614 | SubtotalAmountSpent |
| Total Amount Spent | 158587614 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe | Region |
| Purpose Of Grant | Research of cognitive skills of deaf and hearing children | PurposeOfGrant |
| Amount Of Cash Grant | 154066 | AmountOfCashGrant |
| Manner Of Cash Disbursement | check | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 1 | TotalNumberOf501c3Orgs |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | true | InterestInForeignTrust |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | Primary monitoring activities include site visits, review of program progress reports, site visits and detailed review of receipts supporting grant expenditures by the director of the network and University accounting staff. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (15 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| American Heart Association | |||||||
| 1 Union St Suite 301 | Robbinsville | NJ | 086914183 | 135613797 | 501c3 | 5000 | Sponsor event - Heart Walk |
| Association for Late Deafened Adults | |||||||
| 8038 Macintosh Ln | Rockford | IL | 61107 | 363583674 | 501c3 | 7000 | Sponsor conference |
| Children's Success Fund Special Events | |||||||
| 2000 Jefferson Rd | Pittsford | NY | 14534 | 262998673 | 28000 | Sponsor event - LPGA | |
| Council on Competitiveness | |||||||
| 1500 K Street NW Suite 850 | Washington | DC | 20005 | 521872849 | 501c3 | 20000 | Sponsor public outreach - US Manufacturing Competitiveness |
| Greater Rochester Enterprise Inc | |||||||
| One HSBC Plaza 100 Chestnut St Ste | Rochester | NY | 14604 | 100000080 | 50000 | General support | |
| Hearing Loss Association of America | |||||||
| 25 Westminster Road | Rochester | NY | 14607 | 521177011 | 501c3 | 7000 | Sponsor event - Walk for Hearing |
| Henrietta Fire District | |||||||
| 850 Bailey Road | West Henrietta | NY | 14586 | 160974231 | State of NY | 35000 | General support |
| Henrietta Volunteer Ambulance Services Inc | |||||||
| 280 Calkins Road | Rochester | NY | 14623 | 160813592 | 501c3 | 5000 | General support |
| High Tech Rochester Inc | |||||||
| 150 Lucius Gordon Dr 100 | West Henrietta | NY | 14586 | 161195028 | 501c3 | 5000 | Business plan contest donation |
| National Association of the Deaf | |||||||
| 8630 Fenton Street Suite 820 | Silver Spring | MD | 209103819 | 941358295 | 501c3 | 9500 | Conference sponsorship |
| National Commission for Cooperative Education | |||||||
| 360 Huntington Ave 384 CP | Boston | MA | 021155096 | 136159027 | 501c3 | 32000 | Educational grant |
| New York Wine & Culinary Center Inc | |||||||
| 800 South Main Street | Canandaigua | NY | 14424 | 201682175 | 501c3 | 58500 | General support |
| Rochester Broadway Theatre League Inc | |||||||
| 885 East Main Street | Rochester | NY | 14605 | 160813592 | 501c3 | 12000 | Sponsor captioning services |
| Rochester Business Alliance | |||||||
| 150 State Street | Rochester | NY | 146141308 | 510439860 | 501c6 | 11500 | General support |
| Rochester General Hospital Foundation | |||||||
| 1299 Portland Avenue | Rochester | NY | 14621 | 222229425 | 501c3 | 5000 | Sponsor event - Founder Gala |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 11 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 4 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Scholarships | 12700 | 122704270 |
| Graduate research assistance | 319 | 3440086 |
| Fellowships | 83 | 456269 |
| Awards | 220 | 172975 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 2 | ReturnReference |
| Explanation | The University provides a limited number of grants and assistance as prizes and awards.Individuals and organizations must meet the Universitys predetermined and communicated criteria to be eligible to receive an award or prize. Scholarships, fellowships and other student related financial aid must be used for educational purposes. Scholarship and grants are credited directly to student accounts through an automated system authorized by the universitys office of financial aid and scholarships. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (16 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|---|---|
| William W Destler | ||||||
| 189090 | 426 | 18837 | 1236 | 209589 | 188271 | |
| James J DeCaro | ||||||
| 689448 | 6247 | 22050 | 68200 | 785945 | 691321 | |
| Jeremy A Haefner | ||||||
| 234018 | 27222 | 13499 | 15369 | 290108 | 204447 | |
| James G Miller | ||||||
| 350819 | 4197 | 22050 | 32219 | 409285 | 368040 | |
| James H Watters | ||||||
| 291997 | 7449 | 24500 | 14655 | 419379 | 313008 | 80778 |
| Lisa A Cauda | ||||||
| 379092 | 6725 | 24500 | 25034 | 588913 | 467214 | 153562 |
| Deborah M Stendardi | ||||||
| 240239 | 3213 | 24180 | 11272 | 278904 | 241813 | |
| Donald L Boyd | ||||||
| 209678 | 3464 | 21513 | 14278 | 248933 | 209589 | |
| Katherine J Mayberry | ||||||
| 202733 | 5486 | 20460 | 6629 | 235308 | 208409 | |
| Mary Beth A Cooper | ||||||
| 197598 | 4340 | 20125 | 12048 | 234111 | 198531 | |
| Stanley McKenzie | ||||||
| 217722 | 2251 | 21725 | 14737 | 256435 | 235453 | |
| Donald O Baker | ||||||
| 187466 | 6279 | 19433 | 11363 | 224541 | 256815 | |
| Donald F Figer | ||||||
| 151170 | 92088 | 15397 | 7565 | 266220 | ||
| Nabil Z Nasr | ||||||
| 206156 | 54200 | 17085 | 19520 | 296961 | ||
| Ashok Rao | ||||||
| 317217 | 15379 | 24500 | 18950 | 376046 | 328133 | |
| John R Schott | ||||||
| 302843 | 7141 | 22050 | 9022 | 341056 | 298858 | |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | b | ReturnReference |
| Explanation | All of the benefits indicated are available to the President and certain benefits are available to select officers. Amounts that are considered taxable are reportable compensation included on the individuals form W-2. Since these benefits are limited to a very few individuals, a written policy is not considered necessary. However, the University has specific written policies pertaining to travel expenditures and payment/reimbursements prior to incurring the cost for these expenses. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| DASNY RIT Series 2002B | |||||||
| 146000293 | 64983QH51 | 2006-05-04 | 15719523 | See Part V | false | false | false |
| DASNY RIT Series 2006A | |||||||
| 146000293 | 64983QF38 | 2006-05-04 | 61706239 | See Part V | false | false | false |
| DASNY RIT Series 2008A | |||||||
| 146000293 | 6499034Y4 | 2008-11-13 | 85352284 | See Part V | false | false | false |
| DASNY RIT Series 2010 | |||||||
| 146000293 | 6499054S2 | 2010-10-21 | 83324343 | See Part V | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 15720929 | TotalProceeds |
| Issuance Costs From Proceeds | 141121 | IssuanceCostsFromProceeds |
| Credit Enhancement | 5000 | CreditEnhancement |
| Working Capital Expenditures | 9808 | WorkingCapitalExpenditures |
| Other Spent Proceeds | 15565000 | OtherSpentProceeds |
| Year Of Subst Completion | 2004 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | true | true | true | true | 0.01400 | 0.01400 | true |
| false | true | true | true | true | 0.00900 | 0.00900 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
| false | false | false | false | false | false |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Pike Company | |||
| An officertrustee Thomas Judson is the owner and chairman of Pike Company | 23248218 | Fees for contruction related to Gobal Village facility and other capital projects | false |
| Xerox Corporation | |||
| An officertrustee Willem Appelo is an officer of Xerox Corporation | 709689 | Fees for copier and other document related services | false |
Form990 Schedule L Part V Form990ScheduleLPartV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| IV | 1 | Name of interested person - Pike Company Relationship - an officer, Thomas Judson, Jr. is the owner and chairman of Pike Company Amount of Transaction - 23,248,218 Description - Fees for construction associated with Global Village facility and other capital projects Sharing of Organization Revenues - No |
| IV | 2 | Name of interested person - Xerox Corporation Relationship - an officer, Willem Appelo is an officer of Xerox Corporation Amount of Transaction - 709,689 Description - fees for copier and other document related services Sharing of Organization Revenues - No |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 4000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal, FMV | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 33 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1811985 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Mean Value date of gift | MethodOfDeterminingRevenues |
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 221266 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal, FMV | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 38866 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal, FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Software | 3 | 1088680 | FMV |
| X | Consumables | 168 | 990598 | FMV |
| X | Equipment | 35 | 529395 | FMV |
| X | Other | 21 | 54429 | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | Column b | ReturnReference |
| Explanation | The University is reporting the number of contributions received during the year. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Part VI | 2 | Ann L. Burr, Mark C. Clement, B. Thomas Golisano, Susan R. Holliday, Richard A. Kaplan, David Koretz, Sandra A. Parker, Carl E. Sassano, Stephen L. Schultz, Harry P. Trueheart and Christine B. Whitman are RIT trustees. William W. Destler is an officer. Business relationship - Adventive B. Thomas Golisano Director, David Koretz Chairman and CEO Business relationship - Blue Tie B. Thomas Golisano Director, David Koretz CEO Business relationship - Complemar Partners Inc. Susan R. Holiday Director, Carl Sassano Director, and Christine Whitman Chair and CEO Business relationship - Frontier Communications Ann L. Burr President, Northern Region, Harry Trueheart Director of Frontier Telephone of Rochester a subsidiary Business relationship - Mykonos Software B. Thomas Golisano Director, David Koretz CEOBusiness relationship - One Stream Networks LLC Carl Sassano Director and Christine Whitman Chair Business relationship - Pictometry International Corp. B. Thomas Golisano Director and Richard Kaplan Director, Stephen L. Schultz CTO Business relationship - Rochester Business Alliance Mark C. Clement Trustee, Harry P. Trueheart III DirectorBusiness relationship - Torvec, Inc. Richard A. Kaplan CEO, William W. Deslter Director Business relationship - Vnomics Richard A. Kaplan CEO, James H. Watters Director, Ronald L. Zarella Chair Business relationship - Voiceport LLC, Carl E. Sassano Director and Christine Whitman Managing Member. |
| Form 990 Part VI | 11b | Prior to filing the return, it 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 | 12c | The Universitys 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. |
| Form 990 Part VI | 12c | 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. |
| Form 990 Part VI | 12c | 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. |
| Form 990 Part VI | 12c | 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 | 15b | The 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. |
| Form 990 Part VI | 15b | 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 Presidents compensation. |
| Form 990 Part VI | 15b | Executive Compensation Subcommittee annually utilizes the following tools to review the compensation for the appropriate positions independent consultant, compensation survey based on a salary analysis of comparable positions in like circumstances. This process was last performed in 2010. |
| Form 990 Part VI | 15b | The 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 Research 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. |
| Form 990 Part VI | 15b | 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 individuals compensation was reasonable in light of the evaluation and comparability data. |
| Form 990 Part VI | 15b | The Executive Compensation Subcommittee shall report 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 | 19 | The following documents are available at the Universitys 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 Manual. Additionally, these documents are available upon request. |
| Form 990 Part XI | 5 | Total net unrealized gains on investments for the tax year was 78,551,020. |
| Form 990 Part VI Section A Line 2 Ann L. Burr, Mark C. Clement, B. Thomas Golisano, Susan R. Holliday, Richard A. Kaplan, David Koretz, Sandra A. Parker, Carl E. Sassano, Stephen L. Schultz, Harry P. Trueheart and Christine B. Whitman are RIT trustees. William W. Destler is an officer. Business relationship - Adventive B. Thomas Golisano Director, David Koretz Chairman and CEO Business relationship - Blue Tie B. Thomas Golisano Director, David Koretz CEO Business relationship - Complemar Partners Inc. Susan R. Holiday Director, Carl Sassano Director, and Christine Whitman Chair and CEO Business relationship - Frontier Communications Ann L. Burr President, Northern Region, Harry Trueheart Director of Frontier Telephone of Rochester a subsidiary Business relationship - Mykonos Software B. Thomas Golisano Director, David Koretz CEOBusiness relationship - One Stream Networks LLC Carl Sassano Director and Christine Whitman Chair Business relationship - Pictometry International Corp. B. Thomas Golisano Director and Richard Kaplan Director, Stephen L. Schultz CTO Business relationship - Rochester Business Alliance Mark C. Clement Trustee, Harry P. Trueheart III DirectorBusiness relationship - Torvec, Inc. Richard A. Kaplan CEO, William W. Deslter Director Business relationship - Vnomics Richard A. Kaplan CEO, James H. Watters Director, Ronald L. Zarella Chair Business relationship - Voiceport LLC, Carl E. Sassano Director and Christine Whitman Managing Member. Form 990 Part VI Section B Line 11b Prior to filing the return, it 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 Section B Line 12c The Universitys 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. Form 990 Part VI Section B Line 12c 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. Form 990 Part VI Section B Line 12c 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. Form 990 Part VI Section B Line 12c 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 Section B Line 15b The 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. Form 990 Part VI Section B Line 15b 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 Presidents compensation. Form 990 Part VI Section B Line 15b Executive Compensation Subcommittee annually utilizes the following tools to review the compensation for the appropriate positions independent consultant, compensation survey based on a salary analysis of comparable positions in like circumstances. This process was last performed in 2010. Form 990 Part VI Section B Line 15b The 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 Research 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. Form 990 Part VI Section B Line 15b 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 individuals compensation was reasonable in light of the evaluation and comparability data. Form 990 Part VI Section B Line 15b The Executive Compensation Subcommittee shall report 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 Section C Line 19 The following documents are available at the Universitys 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 Manual. Additionally, these documents are available upon request. Form 990 Part XI Section C Line 5 Total net unrealized gains on investments for the tax year was 78,551,020. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 5257 W Henrietta Road LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5257 W Henrietta Rd | AddressLine1 |
| City | Henrietta | City |
| State | NY | State |
| ZIP Code | 14586 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161609483 | EIN |
| Primary Activities | Own Real Property | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Total Income | -447493 | TotalIncome |
| EOY Assets | 153390 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RIT Global Delivery Corporation | |||||||||||||||
| 7 Lomb Memorial Drive | Rochester | NY | 14623 | 201151703 | Educational purposes | NY | 501c3 | 509a3-ii | N/A | false | |||||
| American College of Management and Technology | |||||||||||||||
| Educational Purposes | false | Don Frana Bulika 6 | Dubrovnik | HR | HR | RIT Global Delivery Corp | |||||||||
| RIT High Technology Incubator | |||||||||||||||
| 7 Lomb Memorial Drive | Rochester | NY | 14623 | 743034755 | Tech training small business | NY | 501c3 | 509a3-ii | N/A | false | |||||
| RIT Campus Club | |||||||||||||||
| 39 Lomb Memorial Drive | Rochester | NY | 14623 | 161201526 | Support RIT | NY | 501c3 | 509a3-ii | N/A | false | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| RIT High Technology Incubator | |
| a | 216786 |
| RIT Campus Club | |
| a | 581556 |
| RIT Campus Club | |
| k | 1906416 |
| RIT Global Delivery Corporation | |
| r | 44520 |