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TRUSTEES OF UNION COLLEGE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES OF UNION COLLEGE (EIN 14-1338580)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202621359349307832
Schema version
2024v5.5
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)
Return2026-05-15T12:16:50-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN141338580EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRUSTEES OF UNION COLLEGE IN THE TOWN OFBusinessNameLine1Txt
Business Name Line2SCHENECTADY IN THE STATE OF NEW YORKBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlTRUSBusinessNameControlTxt
Phone5183886104PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1807 UNION STREETAddressLine1Txt
CitySCHENECTADYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12308ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN B COZZOLINOPersonNm
Person TitleINT VP FOR FINPersonTitleTxt
Phone5183886104PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT THOMPSETTPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR ELIZABETH KISSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1807 UNION STREETAddressLine1Txt
CitySCHENECTADYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12308ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$539,848,240GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.UNION.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1795FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionUNION COLLEGE DEVELOPS EVERY STUDENT TO LEAD WITH WISDOM, EMPATHY, AND COURAGE.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee2350TotalEmployeeCnt
Total Volunteers44TotalVolunteersCnt
Total Gross UBI$1,155,276TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$50,804,061PYContributionsGrantsAmt
CY Contributions Grants$28,814,327CYContributionsGrantsAmt
PY Program Service Revenue$165,299,642PYProgramServiceRevenueAmt
CY Program Service Revenue$169,581,199CYProgramServiceRevenueAmt
PY Investment Income$31,672,445PYInvestmentIncomeAmt
CY Investment Income$43,603,059CYInvestmentIncomeAmt
PY Other Revenue$3,548,515PYOtherRevenueAmt
CY Other Revenue$3,071,765CYOtherRevenueAmt
PY Total Revenue$251,324,663PYTotalRevenueAmt
CY Total Revenue$245,070,350CYTotalRevenueAmt
PY Grants And Similar Paid$74,782,807PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$80,968,127CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$85,834,108PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$89,424,892CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,368,477CYTotalFundraisingExpenseAmt
PY Other Expenses$66,831,993PYOtherExpensesAmt
CY Other Expenses$68,511,845CYOtherExpensesAmt
PY Total Expenses$227,448,908PYTotalExpensesAmt
CY Total Expenses$238,904,864CYTotalExpensesAmt
PY Revenues Less Expenses$23,875,755PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,165,486CYRevenuesLessExpensesAmt
Total Assets BOY$985,737,430TotalAssetsBOYAmt
Total Assets EOY$1,023,537,725TotalAssetsEOYAmt
Total Liabilities BOY$223,758,730TotalLiabilitiesBOYAmt
Total Liabilities EOY$232,676,337TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$761,978,700NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$790,861,388NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionUNION COLLEGE, CHARTERED BY THE STATE OF NEW YORK IN 1795, IS ONE OF THE NATION'S OLDEST AND MOST DISTINGUISHED LIBERAL ARTS COLLEGES WITH ENGINEERING. CONSISTENTLY RANKED AMONG THE NATION'S TOP COLLEGES, UNION IS A LEADER IN EDUCATING STUDENTS (SEE SCHEDULE O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$211,756,294ExpenseAmt
Grant$80,968,127GrantAmt
Revenue$169,581,199RevenueAmt
DescTHE UNION COLLEGE CURRICULUM EMPHASIZES COLLABORATION WITH STUDENTS AND FACULTY THROUGH SMALL CLASSES AND UNDERGRADUATE RESEARCH, INTERNATIONAL STUDY AND LEARNING THROUGH SERVICE. THROUGH ITS UNIQUE INTERDISCIPLINARY APPROACH TO THE LIBERAL ARTS, UNION COMBINES THE HUMANITIES AND SOCIAL SCIENCES WITH SCIENCE AND ENGINEERING, EMPHASIZING THE PRACTICAL APPLICATION OF IDEAS THROUGH HANDS-ON EXPERIENCE. WITH MORE THAN 40 MAJORS AND 55 MINORS TO CHOOSE FROM, UNION STUDENTS CAN PURSUE DOUBLE MAJORS; COMBINE MAJORS AND MINORS; SELECT INTERDEPARTMENTAL AND MULTIDISCIPLINARY CONCENTRATIONS, AND AREA, ETHNIC AND CULTURAL STUDIES PROGRAMS; OR DESIGN THEIR OWN MAJOR. MOST STUDENTS TAKE THREE COURSES IN EACH OF THE THREE 10-WEEK TERMS THAT COMPRISE UNION'S ACADEMIC CALENDAR SYSTEM. (SEE SCHEDULE O)NEARLY EVERY ACADEMIC DEPARTMENT REQUIRES STUDENTS TO COMPLETE SOME FORM OF RESEARCH IN THEIR SUBJECT AREA, AND STUDENTS HAVE OPPORTUNITIES TO WORK ONE-ON-ONE WITH THEIR PROFESSORS. AT STEINMETZ SYMPOSIUM EACH SPRING, SOME 400 STUDENTS PRESENT THE RESULTS OF THEIR RESEARCH, SCHOLARLY AND CREATIVE ACTIVITIES. MANY STUDENTS CO-AUTHOR PUBLICATIONS WITH THEIR PROFESSORS AND PRESENT AT THE NATIONAL CONFERENCE ON UNDERGRADUATE RESEARCH (NCUR). MANY PARTICIPATE IN BUSINESSES, HEALTH CARE, GOVERNMENT AND SOCIAL SERVICE INTERNSHIPS.THE INTERNATIONAL EXPERIENCE IS A HALLMARK OF A UNION EDUCATION, WITH MORE THAN 50 PERCENT OF STUDENTS PURSUING STUDIES, RESEARCH, INTERNSHIPS, AND OTHER PROGRAMS ABROAD. ON CAMPUS, OPPORTUNITIES FOR LEADERSHIP, DISCUSSION AND COMMUNITY ABOUND IN THE MINERVA SYSTEM, OFFERING RESIDENTIAL, ACADEMIC AND SOCIAL PROGRAMS. EVERY INCOMING STUDENT IS ASSIGNED TO ONE OF SEVEN MINERVA HOUSES, WHICH ALSO INVOLVE FACULTY AND STAFF.UNION'S BECKER CAREER CENTER HELPS STUDENTS WITH CAREER PLANNING, INTERNSHIPS AND THE GRADUATE SCHOOL AND JOB SEARCH. RECENT TRENDS SHOW THAT ABOUT A THIRD OF GRADUATING SENIORS GO DIRECTLY TO GRADUATE OR PROFESSIONAL SCHOOLS, AND UNION HAS EARNED AN EXCELLENT REPUTATION FOR PLACING GRADUATES IN MEDICAL, LAW AND BUSINESS SCHOOLS. UNION'S MORE THAN 22,000 ALUMNI INCLUDE LEADERS IN ALL FIELDS, INCLUDING ARTS, MEDICINE, SCIENCE, ENGINEERING, MEDIA, ENTERTAINMENT, LAW AND POLITICS. GRADUATES INCLUDE NOBEL PRIZE AND ACADEMY AWARD WINNERS, A NATIONAL BOOK AWARD WINNER AND A MCARTHUR FELLOW, AN OLYMPIC GOLD MEDALIST, SEVEN CABINET SECRETARIES, A SECRETARY OF STATE, 13 GOVERNORS, 200 JUDGES, 90 COLLEGE PRESIDENTS AND THE 21ST PRESIDENT OF THE UNITED STATES.AS ONE OF THE PRE-EMINENT LIBERAL ARTS COLLEGES IN THE UNITED STATES, THE COLLEGE OFFERS:- 2,031 FULL-TIME UNDERGRADUATES FROM 40 STATES AND TERRITORIES AND 50 COUNTRIES- 26% DOMESTIC STUDENTS OF COLOR- 11% INTERNATIONAL- 9:1 STUDENT-FACULTY RATIO- 219 FACULTY MEMBERS; 97% HAVE EARNED A PH.D. OR THE HIGHEST DEGREE IN THEIR FIELD- $80 MILLION IN UNION COLLEGE SCHOLARSHIPS AND GRANTS ARE AWARDED EACH YEAR- MORE THAN 60% OF UNION STUDENTS RECEIVE NEED-BASED FINANCIAL SCHOLARSHIP ASSISTANCE TO ATTEND UNION AND OVER 25% RECEIVE MERIT SCHOLARSHIPS.- AVERAGE NEED-BASED PACKAGE IS OVER $55,000.- MERIT SCHOLARSHIPS RANGE FROM $10,000 TO $46,000 AND ARE AUTOMATICALLY RENEWED ANNUALLY FOR UP TO FOUR YEARS.- MAKING U POSSIBLE GRANTS OFFER AID TO MANY FAMILIES WHO APPLY FOR FINANCIAL AID BUT WHO OTHERWISE MIGHT NOT QUALIFY OR WOULD QUALIFY FOR ONLY MINIMAL AMOUNTS. FAMILIES WHO HAVE AN EXPECTED CONTRIBUTION AS MEASURED BY THE CSS PROFILE AND FAFSA UP TO UNION'S COST OF ATTENDANCE CAN EXPECT GRANT AND SCHOLARSHIP ASSISTANCE RANGING FROM $20,000 - $40,000.Desc
Total Program Service Expenses$211,756,294TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document337IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2350EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN B COZZOLINOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5183886104PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1807 UNION STREETAddressLine1Txt
CitySCHENECTADYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12308ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DAVID R HARRIS VOTING
PRESIDENT/TRUSTEE EX OFFICO40.000.00Yes (X)Yes (X)$772,900$0$106,014
JENNIFER CURREY
FACULTY TRUSTEE40.000.00Yes (X)$140,419$0$40,174
KRISSANA SCHEITER
FACULTY TRUSTEE40.000.00Yes (X)$97,054$0$30,248
JONATHAN ANDERSON
STUDENT TRUSTEE (TERM ENDED 6/30/25)1.000.00Yes (X)$4,513$0$0
AJAY GONCALVES
STUDENT TRUSTEE1.000.00Yes (X)$8,167$0$0
JULIE GREIFER-SWIDLER
TERM TRUSTEE / CHAIR3.300.00Yes (X)Yes (X)$0$0$0
GUY T LOGAN
TERM TRUSTEE / VICE CHAIR3.300.00Yes (X)Yes (X)$0$0$0
KATHRYN STEFANIK BARRY
TERM TRUSTEE / SECRETARY3.300.00Yes (X)Yes (X)$0$0$0
WILLIAM PERLSTEIN
TERM TRUSTEE / GENERAL COUNSEL2.300.00Yes (X)Yes (X)$0$0$0
LINDA ABRIOLA
TERM TRUSTEE (TERM ENDED 6/30/25)1.000.00Yes (X)$0$0$0
ROBERT BERTAGNA
TERM TRUSTEE1.000.00Yes (X)$0$0$0
KATHLEEN R BROWNE
TERM TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS CAULFIELD
TERM TRUSTEE (TERM ENDED 3/31/25)1.000.00Yes (X)$0$0$0
THOMAS J COLEMAN
TERM TRUSTEE2.500.00Yes (X)$0$0$0
DENNIS M COLEMAN
TERM TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS G CONNOLLY
TERM TRUSTEE1.000.00Yes (X)$0$0$0
JUDITH DEIN
TERM TRUSTEE1.000.00Yes (X)$0$0$0
RICHARD DELANEY
TERM TRUSTEE1.000.00Yes (X)$0$0$0
DANIEL GILBERT
TERM TRUSTEE1.000.00Yes (X)$0$0$0
PAUL D GINSBERG
TERM TRUSTEE1.000.00Yes (X)$0$0$0
ARTHUR HOLDEN
TERM TRUSTEE1.500.00Yes (X)$0$0$0
BRAD S KARP
TERM TRUSTEE1.500.00Yes (X)$0$0$0
JASON KELLMAN
TERM TRUSTEE1.000.00Yes (X)$0$0$0
KENYA LENOIR MESSER
TERM TRUSTEE1.000.00Yes (X)$0$0$0
JEFF LIPSITZ
TERM TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT J MOSER
TERM TRUSTEE1.000.00Yes (X)$0$0$0
SARAH PONTIUS
TERM TRUSTEE1.000.00Yes (X)$0$0$0
JENNIFER SCONYERS LAWTON
TERM TRUSTEE1.000.00Yes (X)$0$0$0
JAY FREELAND
CHAIR PRESIDENT'S COUNCIL1.000.00Yes (X)$0$0$0
DAVID J BREAZZANO
LIFE TRUSTEE1.500.00Yes (X)$0$0$0
DOUGLASS KARP
LIFE TRUSTEE1.500.00Yes (X)$0$0$0
JOHN E KELLY III
LIFE TRUSTEE1.500.00Yes (X)$0$0$0
PETER KWETU HAVILAND-EDUAH
ALUMNI TRUSTEE1.000.00Yes (X)$0$0$0
JOHN K JOHNSON
ALUMNI TRUSTEE1.000.00Yes (X)$0$0$0
PETER RAYMOND
ALUMNI TRUSTEE1.000.00Yes (X)$0$0$0
TESS SKOLLER
ALUMNI TRUSTEE1.000.00Yes (X)$0$0$0
GOVERNOR KATHY HOCHUL
EX-OFFICIO1.000.00Yes (X)$0$0$0
MICHELLE ANGRIST
VP ACADEMIC AFFAIRS/DEAN FACULTY40.000.00Yes (X)$286,082$0$126,503
SCOTT JONES
VP FOR ADMINISTRATION & FINANCE40.000.00Yes (X)$333,947$0$71,086
DARCY CZAJKA
VP AND CHIEF OF STAFF40.000.00Yes (X)$220,624$0$33,950
BLAIR RAYMOND - SECRETARY
DIR. STRAT INITATIVE & EXTERNAL RELATIONS40.000.00Yes (X)$129,663$0$57,052
SARAH FARSAD
REGISTRAR40.000.00Yes (X)$114,009$0$24,699
MATTHEW MALATESTA
VP FOR ADMISSIONS, FA & ENROLLMENT40.000.00$239,682$0$148,265Yes (X)
ANNETTE DIORIO
VP STUD AFF & DEAN STUDENTS40.000.00$234,068$0$36,462Yes (X)
ELLEN YU
CHIEF INFORMATION OFFICER40.000.00$226,767$0$109,281Yes (X)
JAMES MCLAUGHLIN
DIRECTOR OF ATHLETICS40.000.00$223,747$0$139,807Yes (X)
MARK LAND
VP FOR COMMUNICATION AND MARKETING40.000.00$241,090$0$46,495Yes (X)
JOSHUA J HAUGE
MEN'S HOCKEY COACH40.000.00$240,875$0$53,451Yes (X)
SCOTT RAVA
ASST. VP & CAMPAIGN DIRECTOR40.000.00$242,361$0$46,070Yes (X)
ASHRAF GHALY
CARL B JANSEN PROF OF ENGINEERING40.000.00$197,992$0$47,003Yes (X)
MAURA MACK HISGEN - FORMER
VP FOR COLLEGE RELATIONS/ASST SEC40.000.00$103,037$0$16,854Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,056,997TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,133,414TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K190IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ACCENTURE LLP
500 W MADISON STREETCHICAGOIL60661SYSTEM IMPLEMENTATION$721,591
GREENBERG TRAURIG LLP
ONE VANDERBUILT AVENUENEW YORKNY10017LEGAL SERVICES$361,095
BOND SCHOENECK & KING PLLC
110 WEST FAYETTE STREETSYRACUSENY13202LEGAL SERVICES$314,571
KPMG LLP
375 NINTH AVENUENEW YORKNY10001FINANICAL/AUDIT SERVICES$219,000
PRONEXUS LLC
115 SULLYS TRL SUITE 11PITTSFORDNY14534FINANICAL/AUDIT SERVICES$183,888
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Related Organizations$67,000RelatedOrganizationsAmt
Government Grants$3,807,511GovernmentGrantsAmt
All Other Contributions$24,939,816AllOtherContributionsAmt
Noncash Contributions$2,436,239NoncashContributionsAmt
Total Contributions$28,814,327TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611710$137,406,056$137,406,056
AUXILIARY ENTERPRISE713990$32,175,143$32,175,143
FieldValueIRS element (for citing)
Total Program Service Revenue$169,581,199TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,180,650TotalRevenueColumnAmt
Unrelated Business Revenue$1,107,711UnrelatedBusinessRevenueAmt
Exclusion$9,072,939ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$224,830TotalRevenueColumnAmt
Exclusion$224,830ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$391,133RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$391,133RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$391,133TotalRevenueColumnAmt
Exclusion$391,133ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$326,537,175SecuritiesAmt
Other$344,336OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$293,683,932SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$32,853,243SecuritiesAmt
Other$344,336OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,197,579TotalRevenueColumnAmt
Exclusion$33,197,579ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$9,436GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,436TotalRevenueColumnAmt
Exclusion$9,436ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,702,067GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,093,958CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$608,109TotalRevenueColumnAmt
Exclusion$608,109ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
INTER COLLEGIATE ATHLETICS900099$937,821$937,821
STUDENT ATHLETICS AND EVENTS713990$461,533$424,374$37,159

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$663,733TotalRevenueColumnAmt
Unrelated Business Revenue$10,406UnrelatedBusinessRevenueAmt
Exclusion$653,327ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,063,087OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$245,070,350TotalRevenueColumnAmt
Related Or Exempt Func Income$169,581,199RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,155,276UnrelatedBusinessRevenueAmt
Exclusion$45,519,548ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$87,688TotalAmt
Program Services$87,688ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$80,880,439TotalAmt
Program Services$80,880,439ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,911,074TotalAmt
Program Services$1,896,793ProgramServicesAmt
Management And General$2,014,281ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$63,759,517TotalAmt
Program Services$53,654,657ProgramServicesAmt
Management And General$7,145,505ManagementAndGeneralAmt
Fundraising$2,959,355FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,169,753TotalAmt
Program Services$5,110,079ProgramServicesAmt
Management And General$742,503ManagementAndGeneralAmt
Fundraising$317,171FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$10,881,366TotalAmt
Program Services$9,031,062ProgramServicesAmt
Management And General$1,304,760ManagementAndGeneralAmt
Fundraising$545,544FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,703,182TotalAmt
Program Services$3,888,970ProgramServicesAmt
Management And General$605,513ManagementAndGeneralAmt
Fundraising$208,699FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$149,944TotalAmt
Program Services$149,944ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$762,176TotalAmt
Program Services$464,851ProgramServicesAmt
Management And General$297,325ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$362,985TotalAmt
Management And General$362,985ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$1,584TotalAmt
Management And General$1,584ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,288,566TotalAmt
Management And General$1,288,566ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,960,936TotalAmt
Program Services$9,472,512ProgramServicesAmt
Management And General$1,472,647ManagementAndGeneralAmt
Fundraising$15,777FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,059,299TotalAmt
Program Services$795,232ProgramServicesAmt
Management And General$111,927ManagementAndGeneralAmt
Fundraising$152,140FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,288,586TotalAmt
Program Services$4,489,700ProgramServicesAmt
Management And General$391,965ManagementAndGeneralAmt
Fundraising$406,921FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,247,645TotalAmt
Program Services$2,319,402ProgramServicesAmt
Management And General$2,658,066ManagementAndGeneralAmt
Fundraising$270,177FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,445,452TotalAmt
Program Services$6,510,128ProgramServicesAmt
Management And General$880,729ManagementAndGeneralAmt
Fundraising$54,595FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,344,065TotalAmt
Program Services$3,786,939ProgramServicesAmt
Management And General$366,882ManagementAndGeneralAmt
Fundraising$190,244FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,168,727TotalAmt
Program Services$819,786ProgramServicesAmt
Management And General$106,080ManagementAndGeneralAmt
Fundraising$242,861FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,480,232TotalAmt
Program Services$9,480,232ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,148,600TotalAmt
Program Services$13,148,600ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,000,251TotalAmt
Program Services$264,262ProgramServicesAmt
Management And General$1,735,989ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
LIBRARY SUBSCRIPTIONS$2,436,062$2,436,062
STUDENT TERMS ABROAD$1,965,944$1,965,944
DUES & MEMBERSHIPS$440,953$273,641$162,824$4,488
STIPENDS & HONORARIUM$432,154$432,154

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$527,684TotalAmt
Program Services$397,217ProgramServicesAmt
Management And General$129,962ManagementAndGeneralAmt
Fundraising$505FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$238,904,864TotalAmt
Program Services$211,756,294ProgramServicesAmt
Management And General$21,780,093ManagementAndGeneralAmt
Fundraising$5,368,477FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$22,926BOYAmt
EOY$20,346EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$37,575,922BOYAmt
EOY$21,184,667EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$77,594,982BOYAmt
EOY$79,141,298EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,107,068BOYAmt
EOY$3,879,729EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$5,693,292BOYAmt
EOY$5,990,472EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$801,316BOYAmt
EOY$727,914EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,554,092BOYAmt
EOY$17,458,008EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$429,801,431LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$152,417,215LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$277,142,808BOYAmt
EOY$277,384,216EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$166,367,307BOYAmt
EOY$208,108,105EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$398,679,401BOYAmt
EOY$394,548,485EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,198,316BOYAmt
EOY$15,094,485EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$985,737,430BOYAmt
EOY$1,023,537,725EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,600,820BOYAmt
EOY$21,782,987EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,271,860BOYAmt
EOY$2,946,211EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$131,545,533BOYAmt
EOY$107,247,134EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$49,527,403BOYAmt
EOY$73,341,068EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$10,000,000BOYAmt
EOY$16,115,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,813,114BOYAmt
EOY$11,243,937EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$223,758,730BOYAmt
EOY$232,676,337EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$264,425,329BOYAmt
EOY$258,976,737EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$497,553,371BOYAmt
EOY$531,884,651EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$761,978,700BOYAmt
EOY$790,861,388EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$985,737,430BOYAmt
EOY$1,023,537,725EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$6,165,486ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$20,799,328NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,917,874OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)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$26,460,453CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,832,123CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,167,226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,804,061CurrentTaxYearMinus1YearAmt
Current Tax Year$28,814,327CurrentTaxYearAmt
Total$164,078,190TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,460,453CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,832,123CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,167,226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,804,061CurrentTaxYearMinus1YearAmt
Current Tax Year$28,814,327CurrentTaxYearAmt
Total$164,078,190TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$60,256,970SubstantialContributorsTotAmt
Public Support Total170$103,821,220PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,776,138CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,087,466CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,518,402CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,423,268CurrentTaxYearMinus1YearAmt
Current Tax Year$9,688,901CurrentTaxYearAmt
Total$30,494,175TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$818,092CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,418CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$562,005CurrentTaxYearMinus1YearAmt
Current Tax Year$1,058,655CurrentTaxYearAmt
Total$2,488,170TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,482,412CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,616,656CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,274,227CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,490,627CurrentTaxYearMinus1YearAmt
Current Tax Year$3,727,024CurrentTaxYearAmt
Total$12,590,946TotalAmt
FieldValueIRS element (for citing)
Total Support$209,651,481TotalSupportAmt
Gross Receipts Rltd Activities$783,387,198GrossReceiptsRltdActivitiesAmt
Public Support CY1700.49520PublicSupportCY170Pct
Public Support PY1700.43700PublicSupportPY170Pct
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, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationSPECIAL EVENT INCOME - STUDENT ATHLETICS AND EVENTS - 2021 AMOUNT: $ 1,331,148. 2022 AMOUNT: $ 537,798. 2023 AMOUNT: $ 460,471. 2024 AMOUNT: $ 424,374. BOOKSTORE - 2024 AMOUNT: $ 1,702,067. ANCILLARY STUDENT AMENITIES - 2021 AMOUNT: $ 454,289. 2022 AMOUNT: $ 702,859. 2024 AMOUNT: $ 937,821. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 1,482,412. 2021 AMOUNT: $ 618,789. 2022 AMOUNT: $ 819,510. 2023 AMOUNT: $ 987,301. 2024 AMOUNT: $ 653,326. APPLICATION FEES - 2021 AMOUNT: $ 212,430. 2022 AMOUNT: $ 208,407. 2023 AMOUNT: $ 165,038. GROSS INCOME FROM GAMING ACTIVITIES - 2022 AMOUNT: $ 5,653. 2023 AMOUNT: $ 12,919. 2024 AMOUNT: $ 9,436. INTER COLLEGE ATHELTICS - 2023 AMOUNT: $ 864,898.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$1,584OtherActivitiesAmt
Total Lobbying Expenditures$1,584TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1, LOBBYING ACTIVITIES:FormAndLineReferenceDesc
ExplanationTHE COLLEGE IS A MEMBER OF NACUBO AND PAYS ANNUAL DUES TO RETAIN THAT MEMBERSHIP. $1,584 OF ITS ANNUAL MEMBERSHIP DUES WAS DEEMED TO BE NON-DEDUCTIBLE AS LOBBYING EXPENDITURES AND HAS BEEN INCLUDED ON SCHEDULE C, PART II-B, LINE 1(I).ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$27,577,475AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEDUCATIONALOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$567,467,656BeginningYearBalanceAmt
Contributions$10,035,048ContributionsAmt
Investment Earnings Or Losses$62,415,174InvestmentEarningsOrLossesAmt
Grants Or Scholarships$33,100,239GrantsOrScholarshipsAmt
Other Expenditures$1,605,577OtherExpendituresAmt
End Year Balance$605,212,062EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$522,125,163BeginningYearBalanceAmt
Contributions$14,396,033ContributionsAmt
Investment Earnings Or Losses$57,500,690InvestmentEarningsOrLossesAmt
Grants Or Scholarships$25,559,702GrantsOrScholarshipsAmt
Other Expenditures$994,528OtherExpendituresAmt
End Year Balance$567,467,656EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$501,796,213BeginningYearBalanceAmt
Contributions$14,506,242ContributionsAmt
Investment Earnings Or Losses$33,360,875InvestmentEarningsOrLossesAmt
Grants Or Scholarships$26,319,458GrantsOrScholarshipsAmt
Other Expenditures$1,218,709OtherExpendituresAmt
End Year Balance$522,125,163EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$598,746,292BeginningYearBalanceAmt
Contributions$17,698,258ContributionsAmt
Investment Earnings Or Losses-$87,303,755InvestmentEarningsOrLossesAmt
Grants Or Scholarships$25,929,717GrantsOrScholarshipsAmt
Other Expenditures$1,414,865OtherExpendituresAmt
End Year Balance$501,796,213EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$478,019,726BeginningYearBalanceAmt
Contributions$16,761,010ContributionsAmt
Investment Earnings Or Losses$128,897,291InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,027,952GrantsOrScholarshipsAmt
Other Expenditures$16,903,783OtherExpendituresAmt
End Year Balance$598,746,292EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.27390BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.31390PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.41220TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$101OtherCostOrOtherBasisAmt
Book Value$101BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$138,153,306OtherCostOrOtherBasisAmt
Depreciation$81,565,565DepreciationAmt
Book Value$56,587,741BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$222,258,679OtherCostOrOtherBasisAmt
Depreciation$49,398,179DepreciationAmt
Book Value$172,860,500BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,241,615OtherCostOrOtherBasisAmt
Depreciation$12,840,180DepreciationAmt
Book Value$15,401,435BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,147,730OtherCostOrOtherBasisAmt
Depreciation$8,613,291DepreciationAmt
Book Value$32,534,439BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$277,384,216TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY AND VENTURE CAPITAL$95,365,595F
HEDGED EQUITY FUNDS$69,234,299F
GLOBAL EQUITY$115,892,600F
INTERNATIONAL EQUITY$21,160,043F
MULTISTRATEGY FUNDS$31,586,580F
REAL ASSETS$44,075,859F
EMERGING MARKETS FUNDS$14,427,755F
RECEIVABLE FOR INVESTMENTS SOLD$2,805,754F
FieldValueIRS element (for citing)
Total Book Value Securities$394,548,485TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
ACCRUED POSTRETIREMENT BENEFITS$6,278,076
POOLED INCOME & CHAR. GIFT PAYABLE$2,755,205
REFUNDABLE FEDERAL STUDENT LOAN FUNDS$35,261
ASSET RETIREMENT OBLIGATIONS$1,146,990
OPERATING LEASE OBLIGATION$1,028,405
FieldValueIRS element (for citing)
Total Liability$11,243,937TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$185,898,121TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$20,799,328NetUnrealizedGainsInvstAmt
Other Revenue$1,527,129OtherRevenueAmt
Revenue Not Reported$22,326,457RevenueNotReportedAmt
Revenue Subtotal$163,571,664RevenueSubtotalAmt
Investment Expenses Not Incld$1,288,566InvestmentExpensesNotIncldAmt
Other Revenues Not Included$80,210,120OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$81,498,686RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$245,070,350TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$157,015,433TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,093,958OtherExpensesIncludedAmt
Expenses Not Reported$1,093,958ExpensesNotReportedAmt
Expenses Subtotal$155,921,475ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,288,566InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$81,694,823OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$82,983,389ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$238,904,864TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:AUDITED FINANCIAL STATEMENTS FOOTNOTE FOR ART, TREASURES, ETC. THE COLLEGE'S COLLECTIONS ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. ALL PROCEEDS RESULTING FROM THE DEACCESSION OF OBJECTS FROM THE PERMANENT COLLECTION ARE ALLOCATED FOR THE BENEFIT OF THE COLLECTIONS. DURING THE YEAR ENDED JUNE 30, 2025, ONE OBJECT WITH A FAIR VALUE OF $71,300 WAS DEACCESSIONED. DURING THE YEAR ENDED JUNE 30, 2024, NO OBJECTS WERE DEACCESSIONED.
PART III, LINE 4:DESCRIPTION OF ORGANIZATION COLLECTIONS & HOW IT FURTHERS EXEMPT PURPOSE THE COLLEGE'S COLLECTIONS ARE MADE UP OF APPROXIMATELY 36,500 OBJECTS AND THEIR ESTIMATED FAIR VALUE IS APPROXIMATELY $27,577,475. THE COLLEGE'S POLICY IS NOT TO CAPITALIZE ITS COLLECTIONS. THE COLLEGE'S COLLECTIONS COMPRISE OF PAINTINGS AND PORTRAITS, FURNITURE, WORKS ON PAPER, SCIENTIFIC INSTRUMENTATION, AND OTHER OBJECTS.
PART V, LINE 4:INTENDED USES OF ENDOWMENT FUND THE COLLEGE'S ENDOWMENT FUNDS ARE RESERVED TO FUND STUDENT SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAMS IN ACCORDANCE WITH DONOR INTENTIONS.
PART X, LINE 2:FIN 48 FOOTNOTE THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM INCOME TAX ON RELATED INCOME. THE COLLEGE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE RELEVANT TAX AUTHORITY. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,034,847. POSTRETIREMENT BENEFITS 492,282. LOSS ON DEFEASANCE OF DEBT
PART XI, LINE 4B - OTHER ADJUSTMENTS:COSTS OF GOODS SOLD -1,093,958. RECLASS OF SCHOLARSHIP EXPENSES 81,304,078.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COSTS OF GOODS SOLD 1,093,958.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RECLASS OF SCHOLARSHIP EXPENSES 81,304,078. CGA/PLIF ANNUITY PAYMENT 390,745.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3RACIALLY NONDISCRIMINATORY POLICY PUBLICIZED THE COLLEGE'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLICIZED THROUGH AREA NEWSPAPERS, IN STUDENT HANDBOOKS, AND ON THE COLLEGE'S WEBSITE. UNION COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS. THIS POLICY EXTENDS TO THE ADMINISTRATION OF THEIR EDUCATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS AND ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS.
LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID:THE ORGANIZATION HAS RECEIVED THE FOLLOWING FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: 1. FEDERAL CAMPUS-BASED AID, WHICH INCLUDES FEDERAL WORK-STUDY AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FROM THE U.S. DEPARTMENT OF EDUCATION. 2. NSF-STEM SCHOLARSHIPS WHICH ARE FUNDED BY THE FEDERAL GOVERNMENT. 3. TAP AWARDS, NYS MERIT SCHOLARSHIPS, TUITION/MAINTENANCE GRANTS RECEIVED FROM NYS FOR THE HEOP PROGRAM, NYS AIM SCHOLARSHIP, NYS VETERAN'S SCHOLARSHIP, NYS FOSTER INITIATIVE, NYS STEM INCENTIVE PROGRAM, NYS WORLD TRADE SCHOLARSHIP AND BUNDY AID. 4. ROTC-FEDERAL FUNDING WHICH COVERS A PORTION OF EDUCATIONAL EXPENSES FOR THE RECIPIENTS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (15 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN0INVESTMENTS$157,820,225
EUROPE (INCLUDING ICELAND & GREENLAND)0INVESTMENTS$3,420,909
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES0INVESTMENTS$3,789,184
EAST ASIA & THE PACIFIC0PROGRAM SERVICES$39,625RESEARCH
EAST ASIA & THE PACIFIC0PROGRAM SERVICES$14,801STUDY ABROAD
EAST ASIA & THE PACIFIC0PROGRAM SERVICES$9SUBSCRIPTIONS
EUROPE0PROGRAM SERVICES$36,289RESEARCH
EUROPE0PROGRAM SERVICES$213SUBSCRIPTIONS
EUROPE0PROGRAM SERVICES$96,132STUDY ABROAD
EUROPE0PROGRAM SERVICES$202RECRUITING/ATHLETICS
NORTH AMERICA0PROGRAM SERVICES$19,940RESEARCH
NORTH AMERICA0PROGRAM SERVICES$11,669STUDY ABROAD
NORTH AMERICA0PROGRAM SERVICES$73RECRUITING/ATHLETICS
SOUTH AMERICA0PROGRAM SERVICES$794RESEARCH
SOUTH AMERICA0PROGRAM SERVICES$14,752STUDY ABROAD
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$165,121,255SubtotalSpentAmt
Continuation Spent$143,562ContinuationSpentAmt
Total Spent$165,264,817TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:EXPLANATION FOR MONITORING USE OF FUNDS OUTSIDE U.S. TERMS ABROAD SCHOLARSHIPS ARE AWARDED BY UNION'S TERMS ABROAD OFFICE TO STUDENTS SCHEDULED TO STUDY ABROAD BASED ON FINANCIAL NEED AND CRITERIA ESTABLISHED BY THE DONOR. THE STUDENT RECEIVING THE AWARD UNDERSTANDS THAT THE FUNDS MUST BE RETURNED TO UNION IF THE STUDENT DOES NOT TRAVEL ABROAD. THE AWARD IS GENERALLY USED FOR THE STUDENT'S TRAVEL EXPENSES, WHICH ARE NOT COVERED BY UNION COLLEGE. UPON HIS/HER RETURN, THE STUDENT IS URGED TO WRITE A PERSONAL NOTE OF THANKS TO THE DONOR DESCRIBING THEIR TERMS ABROAD EXPERIENCE.
PART IV, FOREIGN FORMS:THE COLLEGE INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE COLLEGE'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE COLLEGE'S FORM 990-T. A PORTION OF UNION COLLEGE'S ENDOWMENT IS INVESTED IN FUNDS THAT ARE DOMICILED IN OFFSHORE LOCATIONS PROVIDING OPPORTUNITIES FOR TAX-ADVANTAGED NET RETURNS TO THE ENDOWMENT.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ALUMNI COUNCIL OF UNION COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1807 UNION STREETAddressLine1Txt
CitySCHENECTADYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12308ZIPCd
FieldValueIRS element (for citing)
Recipient EIN146019466RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$87,688CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO COVER EVENTS AND EXPENSESPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (6 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
HIGHER EDUCATION OPPORTUNITY PROGRAM1941$695,821
UNION COLLEGE GENERAL SCHOLARSHIPS722$65,601,873
ENDOWED SCHOLARSHIPS157$11,849,830
ANNUAL RESTRICTED SCHOLARSHIPS823$1,559,219
WORK STUDY74$846,484
SUPPLEMENTAL EDUCATION OPP. GRANT409$327,212

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL GRANTS AWARDED ARE BASED ON NEED AND CONFORM TO FEDERAL, STATE AND INSTITUTIONAL REGULATIONS. ELIGIBILITY IS BASED ON A THOROUGH REVIEW AND VERIFICATION OF A FAMILY'S INCOME, ASSETS, SIZE AND NUMBER OF DEPENDENTS ENROLLED IN COLLEGE. ANNUAL EXPENDITURE REPORTS ARE SUBMITTED TO THE FEDERAL AND STATE GOVERNMENTS FOR REVIEW. THE FUND EXPENDITURES ARE REVIEWED FOR COMPLIANCE IN AN ANNUAL AUDIT CONDUCTED BY AN INDEPENDENT ACCOUNTING FIRM. THE COLLEGE DOES NOT FURTHER MONITOR THE USAGE OF SCHOLARSHIP FUNDS AS THESE AMOUNTS ARE CREDITED DIRECTLY AGAINST STUDENTS TUITION ACCOUNT AND THERE IS NO OPPORTUNITY FOR THE STUDENT TO DIVERT THESE FUNDS TO NON-EDUCATIONAL USES. IN ADDITION TO ITS SCHOLARSHIP PROGRAMS, THE COLLEGE MAKES ONE GRANT TO THE ALUMNI COUNCIL OF UNION COLLEGE, INC. (WHICH WAS FORMED TO PROVIDE STRUCTURE FOR THE ALUMNI OF THE COLLEGE TO PARTICIPATE IN AND ADVANCE THE INTEREST OF THE COLLEGE). THE COLLEGE PROVIDED SUPPORT FOR VARIOUS COUNCIL EVENTS IN FISCAL 2024 AND REQUIRED NO FURTHER MONITORING ON THE USAGE OF THE FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 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 R HARRIS VOTING
PRESIDENT/TRUSTEE EX OFFICO$691,422$0$35,750$0$45,728$0$79,436$0$26,578$0$878,914$0$0$0
MICHELLE ANGRIST
VP ACADEMIC AFFAIRS/DEAN FACULTY$278,916$0$0$0$7,166$0$31,469$0$95,034$0$412,585$0$0$0
SCOTT JONES
VP FOR ADMINISTRATION & FINANCE$318,947$0$15,000$0$0$0$35,084$0$36,002$0$405,033$0$0$0
MATTHEW MALATESTA
VP FOR ADMISSIONS, FA & ENROLLMENT$232,837$0$0$0$6,845$0$26,365$0$121,900$0$387,947$0$0$0
JAMES MCLAUGHLIN
DIRECTOR OF ATHLETICS$223,747$0$0$0$0$0$24,612$0$115,195$0$363,554$0$0$0
ELLEN YU
CHIEF INFORMATION OFFICER$214,767$0$12,000$0$0$0$23,624$0$85,657$0$336,048$0$0$0
JOSHUA J HAUGE
MEN'S HOCKEY COACH$240,875$0$0$0$0$0$26,496$0$26,955$0$294,326$0$0$0
SCOTT RAVA
ASST. VP & CAMPAIGN DIRECTOR$234,361$0$8,000$0$0$0$25,780$0$20,290$0$288,431$0$0$0
MARK LAND
VP FOR COMMUNICATION AND MARKETING$241,090$0$0$0$0$0$26,520$0$19,975$0$287,585$0$0$0
ANNETTE DIORIO
VP STUD AFF & DEAN STUDENTS$211,068$0$0$0$23,000$0$25,748$0$10,714$0$270,530$0$0$0
DARCY CZAJKA
VP AND CHIEF OF STAFF$220,624$0$0$0$0$0$23,444$0$10,506$0$254,574$0$0$0
ASHRAF GHALY
CARL B JANSEN PROF OF ENGINEERING$197,992$0$0$0$0$0$20,154$0$26,849$0$244,995$0$0$0
BLAIR RAYMOND - SECRETARY
DIR. STRAT INITATIVE & EXTERNAL RELA$129,663$0$0$0$0$0$14,263$0$42,789$0$186,715$0$0$0
JENNIFER CURREY
FACULTY TRUSTEE$140,419$0$0$0$0$0$13,919$0$26,255$0$180,593$0$0$0
MAURA MACK HISGEN - FORMER
VP FOR COLLEGE RELATIONS/ASST SEC$103,037$0$0$0$0$0$11,334$0$5,520$0$119,891$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ARELEVANT INFORMATION REGARDING COMPENSATION BENEFITS LINE 1 - HOUSING ALLOWANCE THE PRESIDENT, DAVID HARRIS, UNDER THE TERMS OF HIS EMPLOYMENT AGREEMENT, RECEIVES A HOUSING ALLOWANCE IN THE FORM OF A CASH PAYMENT, WHICH IS REPORTED AS TAXABLE INCOME ON HIS W-2. THE BOARD OF TRUSTEES APPROVED THE NATURE AND AMOUNT OF THE HOUSING ALLOWANCE. LINE 1 - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES AS PART OF PRESIDENT DAVID HARRIS'S EMPLOYMENT CONTRACT, THE COLLEGE PAYS FOR TWO CLUB MEMBERSHIPS; THE FIRST IS TO THE MOHAWK GOLF CLUB IN SCHENECTADY AND THE OTHER MEMBERSHIP IS TO THE UNIVERSITY CLUB IN NEW YORK CITY. THE PRESIDENT UTILIZES THE SOCIAL CLUBS FOR BUSINESS PURPOSES.
PART I, LINE 4BSUPPLEMENTAL RETIREMENT PLAN: CURRENT PRESIDENT, DAVID HARRIS, PARTICIPATES IN THE COLLEGE'S SECTION 457(F) NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN WHICH IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. THE COLLEGE CONTRIBUTED $41,486 TO PRESIDENT HARRIS' 457(F) PLAN; THIS AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN (C).
PART I, LINE 7THE COLLEGE PROVIDED NON-FIXED DISCRETIONARY BONUSES TO CERTAIN EMPLOYEES WHO MET PERFORMANCE BASED GOALS IN CALENDAR YEAR 2024. BONUSES FOR THESE EMPLOYEES ARE DETERMINED AND APPROVED BY AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.
PART II, COLUMN D - NONTAXABLE BENEFITS:AS PERMITTED UNDER SECTION 117 OF THE INTERNAL REVENUE CODE, THE COLLEGE (AS AN ELIGIBLE EDUCATIONAL INSTITUTION) PROVIDES FREE OR REDUCED TUITION TO ITS EMPLOYEES, AND THEIR DEPENDENTS, ON A NON-TAXABLE BASIS. THE VALUE OF THIS TUITION ASSISTANCE IS INCLUDED SCHEDULE J, PART II, COLUMN (B)(III) FOR THE FOLLOWING EMPLOYEES REPORTED IN THE FORM 990: - MICHELLE ANGRIST, VP OF ACADEMIC AFFAIRS -SCOTT JONES, VP FOR ADMINISTRATION & FINANCE - MATTHEW MALATESTA, VP FOR ADMISSIONS - JAMES MCLAUGHLIN, DIRECTOR OF ATHLETICS - ELLEN YU, CHIEF INFORMATION OFFICER - BLAIR RAYMOND - ASST. SECRETARY

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION
A273478847806418BC22017-04-20$74,702,514REFINANCE, S&E CONSTRUCTION000
SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION
B273478847806418BF52022-06-09$36,139,936REFUND 2012 BOND & BUILDING RENOVATIONS000
SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION
C273478847806418BF62024-06-27$25,312,615CAPITAL IMPROVEMENTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndUnspentUnspentAmt
A$33,867,514$74,702,514$1,027,950$58,191,675$15,482,8892020Yes (1)0Yes (1)Yes (1)
B$3,654,936$36,139,936$533,044$15,685,892$19,921,000Yes (1)00Yes (1)
C$3,257,615$25,312,615$267,642$19,940,116$116,5030Yes (1)0Yes (1)$4,988,354

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)
C000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 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
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)
C0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMEDISSUER NAME: SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 04/06/2022 ISSUER NAME: SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 08/21/2024
SCHEDULE K, PART VI, SUPPLEMENTAL INFORMATION:IN APRIL 2017, THE COLLEGE BORROWED $74,702,514 THROUGH THE SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION, UTILIZING A TAX-EXEMPT REVENUE BOND. $50,000,000 OF THE DEBT WILL BE USED TOWARD THE FINANCING OF THE RENOVATION/CONSTRUCTION OF THE SCIENCE AND ENGINEERING CENTER. $15,300,000 WAS USED TO REFUND SERIES 2010 BONDS. THE REMAINING AMOUNT OF THE DEBT PROCEEDS WAS USED TO FUND THE CAPITALIZED INTEREST FUND IN THE AMOUNT OF $7,900,000, AS WELL AS COSTS OF ISSUANCE. THE FINAL MATURITY OF THE BOND WILL BE JANUARY 1, 2047. THE BONDS WERE ISSUED AT A PREMIUM OF APPROXIMATELY $10,000,000. THIS BOND WAS PARTIALLY REFUNDED IN JUNE 2024 IN CONNECTION WITH THE $24,880,000 BOND ISSUANCE. IN JUNE 2022, THE COLLEGE BORROWED $32,485,000 THROUGH THE SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION, UTILIZING A TAX-EXEMPT REVENUE BOND. $19,921,000 OF THE DEBT WILL BE USED FOR THE PROJECT COSTS OF VARIOUS BUILDING RENOVATION AND DEFERRED MAINTENANCE. APPROXIMATELY 15,558,000 WAS USED TO REFUND THE SERIES 2012 BONDS, WHICH INCLUDED THE OUTSTANDING PRINCIPAL BALANCE AND ACCRUED INTEREST. THE REMAINING AMOUNT OF THE DEBT PROCEEDS WAS USED FOR COSTS OF ISSUANCE. THE FINAL MATURITY OF THE BOND WILL BE JULY 1, 2052. THE BONDS WERE ISSUED AT A PREMIUM OF APPROXIMATELY $3,655,000. IN JUNE 2024, THE COLLEGE BORROWED $22,055,000 THROUGH THE SCHENECTADY COUNTY CAPITAL RESOURCE CORPORATION, UTILIZING A TAX-EXEMPT REVENUE BOND. $5,000,000 OF THE DEBT WILL BE USED TO FINANCE CERTAIN CAPITAL IMPROVEMENT PROJECTS ON THE COLLEGE'S CAMPUS AND CERTAIN FUTURE LEASE PAYMENTS WITH RESPECT TO THE MOHAWK HARBOR HOCKEY ARENA. APPROXIMATELY, $19,928,000 OF THE TAX-EXEMPT DEBT WAS USED TO REFUND THE SERIES 2015A BONDS, WHICH INCLUDED OUTSTANDING PRINCIPAL BALANCE AND ACCRUED INTEREST. THE REMAINING AMOUNT OF THE DEBT PROCEEDS WAS USED FOR COST OF ISSUANCE. THE FINAL MATURITY OF THE BOND WILL BE JULY 1, 2038. THE BONDS WERE ISSUED AT A PREMIUM OF APPROXIMATELY $3,258,000. SCHEDULE K, PART II, COLUMN C, LINE 11: OTHER SPENT PROCEEDS REFLECT $113,914 OF AN UNDERWRITER'S DISCOUNT AND $2,589 OF ADDITIONAL CASH PROCEEDS NOT IDENTIFIED ELSEWHERE ON THE SCHEDULE K.
SCHEDULE K, PART IV, LINE 2(C), 2017 BOND:THE COLLEGE COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2017 REVENUE BOND ON APRIL 26, 2022. THE REPORT CONCLUDED THAT NO REBATE WAS DUE FOR THIS ISSUE. SCHEDULE K, PART IV, LINE 2(C), 2022 BOND: THE COLLEGE COMMISSIONED AN ARBITRAGE REBATE CALCULATION ON ITS SERIES 2022 REVENUE BOND ON AUGUST 21, 2024. THE REPORT CONCLUDED THAT NO REBATE WAS DUE FOR THIS ISSUE.
SCHEDULE K, PART II, LINE 10 - BOND B:THE COLLEGE SPENT $15,557,851 TO REFUND THE SERIES 2012 BONDS, (WHICH INCLUDES OUTSTANDING PRINCIPAL AND ACCRUED INTEREST). THE ADDITIONAL $19,921,000 REPORTED ON LINE 10 REPRESENTS AMOUNTS THE COLLEGE HAS SPENT ON BUILDING RENOVATIONS AND OTHER CAPITAL IMPROVEMENTS.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Person3PersonNm
Relationship With OrgTRUSTEESRelationshipWithOrgTxt
Type Of AssistanceSCHOLARSHIPTypeOfAssistanceTxt
Assistance PurposeTUITION DISC.AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARGARET AMODEOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionSEE PART VRelationshipDescriptionTxt
Transaction$50,255TransactionAmt
TransactionSEE PART VTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV - INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationTRUSTEE JOHN KELLY'S SISTER, MARGARET AMODEO IS AN EMPLOYEE OF THE COLLEGE. AMOUNTS REPORTED ON SCHEDULE L REPRESENT COMPENSATION AND BENEFITS RECEIVED BY MS. AMODEO ON A FISCAL YEAR BASIS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution68ContributionCnt
Noncash Contributions Rpt F990$2,169,202NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$250,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescMISCELLANEOUSDesc
Contribution42ContributionCnt
Noncash Contributions Rpt F990$17,036NoncashContributionsRptF990Amt
Method Of Determining RevenuesCOSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received74Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceLINE 32A, THIRD PARTIES:FormAndLineReferenceDesc
ExplanationTO THE EXTENT THAT THE COLLEGE RECEIVES NON-CASH CONTRIBUTIONS OF SECURITIES, ITS INVESTMENT MANAGER/BROKER IS TASKED WITH SELLING THOSE SECURITIES ON THE COLLEGE'S BEHALF. TO THE EXTENT THAT THE COLLEGE RECEIVES NON-CASH CONTRIBUTIONS OF REAL ESTATE, ITS DESIGNATED REAL ESTATE BROKER OR AGENT IS RESPONSIBLE FOR MARKETING AND SELLING SUCH PROPERTY ON THE COLLEGE'S BEHALF.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:TO BE ENGAGED, INNOVATIVE AND ETHICAL CONTRIBUTORS TO A DIVERSE, GLOBAL AND TECHNOLOGICALLY COMPLEX SOCIETY. FACULTY, STAFF AND ADMINISTRATORS WELCOME DIVERSE AND TALENTED STUDENTS TO THE CAMPUS COMMUNITY, WORK CLOSELY WITH THEM TO PROVIDE A BROAD AND DEEP EDUCATION, AND GUIDE THEM IN FINDING AND CULTIVATING THEIR PASSIONS. THE COLLEGE OFFERS A WIDE RANGE OF DISCIPLINES AND INTERDISCIPLINARY PROGRAMS IN THE LIBERAL ARTS AND ENGINEERING, AS WELL AS ACADEMIC, ATHLETIC, CULTURAL AND SOCIAL ACTIVITIES, INCLUDING OPPORTUNITIES TO STUDY ABROAD AND TO PARTICIPATE IN UNDERGRADUATE RESEARCH AND COMMUNITY SERVICE.
FORM 990, PART VI, SECTION A, LINE 2BUSINESS OR FAMILY RELATIONSHIPS OF DIRECTORS, ETC. WILLIAM PERLSTEIN AND JOHN KELLY, III HAVE A BUSINESS RELATIONSHIP. RICHARD DELANEY AND SARAH PONTIUS AND HAVE A BUSINESS RELATIONSHIP. DOUGLASS KARP AND THOMAS COLEMAN HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS THE ORGANIZATION'S FORM 990 IS PREPARED IN CONJUNCTION WITH A NATIONALLY RECOGNIZED ACCOUNTING FIRM. UPON COMPLETION, THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND A DETAILED WALKTHROUGH OF ITS CONTENTS IS PROVIDED AT THE AUDIT COMMITTEE'S MEETING. PRIOR TO ELECTRONIC SUBMISSION OF THE 990 TO THE INTERNAL REVENUE SERVICE, THE AUDIT COMMITTEE CHAIR PROVIDES AN OVERVIEW OF THE REVIEW TO THE FULL BOARD OF TRUSTEES AND A COPY OF THE FINAL FORM 990 IS SHARED WITH THE FULL BOARD OF DIRECTORS. IN ADDITION, A COPY OF THIS FORM 990 IS AVAILABLE FOR REVIEW IN THE COLLEGE'S FINANCE OFFICE.
FORM 990, PART VI, SECTION B, LINE 12CEXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS THE TRUSTEES OF UNION COLLEGE HAVE A WRITTEN CONFLICT OF INTEREST POLICY, WHICH REQUIRES OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. QUESTIONNAIRES ARE SENT ANNUALLY TO MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY. THE RESPONSES TO THE QUESTIONNAIRES ARE REVIEWED BY BOTH THE PRESIDENT'S OFFICE AND FINANCE FOR POTENTIAL CONFLICTS OF INTEREST THAT REQUIRE DISCLOSURE. IF A CONFLICT OF INTEREST IS NOTED, A BOARD MEMBER WOULD HAVE TO RECUSE HIMSELF FROM VOTING, IF SO REQUIRED.
FORM 990, PART VI, SECTION B, LINE 15LINE 15A - COMPENSATION REVIEW & APPROVAL PROCESS - PRESIDENT THE COLLEGE UNDERTAKES A THOROUGH AND RIGOROUS PROCESS TO DETERMINE THE PRESIDENT'S COMPENSATION. THE COLLEGE HAS ESTABLISHED AN EXECUTIVE COMPENSATION COMMITTEE THAT ACTS AS A COMMITTEE OF THE BOARD. THE EXECUTIVE COMPENSATION COMMITTEE IS COMPRISED OF THE CHAIRMAN, VICE CHAIRMAN, SECRETARY, AND GENERAL COUNSEL OF THE BOARD OF TRUSTEES. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE COMMITTEE. THE COMMITTEE ACTS AS THE AUTHORIZED BODY UNDER TREASURY REG. 53.4958-6, RESPONSIBLE FOR APPROVING THE COMPENSATION ARRANGEMENTS OF THE PRESIDENT. THE COMMITTEE WILL: A. REVIEW GOALS FOR THE UPCOMING YEAR AND ACCOMPLISHMENTS FOR THE YEAR JUST ENDED. B. OBTAIN APPROPRIATE ANALYSIS AND STUDIES FOR USE IN EVALUATING THE COMPENSATION OF THE PRESIDENT. C. DOCUMENT ITS DELIBERATIONS AND DECISION ESTABLISHING THE PRESIDENT'S COMPENSATION. D. REPORT TO THE EXECUTIVE COMMITTEE OF THE BOARD ANNUALLY ITS FINDINGS AND ACTIONS. LINE 15B - COMPENSATION REVIEW & APPROVAL PROCESS - OFFICERS & KEY EMPLOYEES THE COLLEGE UNDERTAKES A SIMILARLY DETAILED PROCESS TO DETERMINE THE COMPENSATION OF THE COLLEGE'S OFFICERS AND KEY EMPLOYEES (AS REPORTED ON PART VII OF THE FORM 990): A. THE COMPENSATION COMMITTEE OBTAINS APPROPRIATE ANALYSIS AND STUDIES FROM THE ADMINISTRATION TO USE AS AN AID IN EVALUATING THE COMPENSATION RECOMMENDATIONS OF THE PRESIDENT FOR THESE EMPLOYEES. B. THE COMPENSATION COMMITTEE DELIBERATES ON, AND APPROVES, ALL COMPENSATION AT A MEETING AND THE DECISIONS ARE DOCUMENTED IN COMMITTEE MINUTES. THE COLLEGE REVIEWS ALL OFFICER AND KEY EMPLOYEE COMPENSATION ON AN ANNUAL BASIS AND PARTICIPATES IN THE ANNUAL CUPA SURVEY (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION). THE COLLEGE IS IN THE PROCESS OF COMMISSIONING A NEW COMPENSATION STUDY WITHIN THE NEXT TWO YEARS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE TRUSTEES OF UNION COLLEGE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE COLLEGE'S WEBSITE WWW.UNION.EDU.
FORM 990, PART IX, LINE 11(F):UNION COLLEGE'S INVESTMENT PORTFOLIO IS COMPRISED OF BOTH TRADITIONAL PUBLICLY TRADED SECURITIES AND NON-TRADITIONAL ALTERNATIVE INVESTMENTS (HEDGE FUNDS, LIMITED PARTNERSHIPS ETC). CERTAIN ALTERNATIVE INVESTMENTS DO NOT SPECIFICALLY REPORT TO THE INVESTOR THE INVESTMENT MANAGEMENT FEES THAT ARE INCURRED, RATHER NETTING THOSE FEES AGAINST INVESTMENT RETURNS. IN ADDITION, UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, INVESTMENT INCOME IS REQUIRED TO BE REPORTED NET OF RELATED EXPENSES WITHIN THE FINANCIAL STATEMENTS AND THE DISCLOSURE OF INVESTMENT EXPENSES IS NOT REQUIRED. BASED ON THESE FACTORS, NO SEPARATE TRACKING OF MANAGEMENT FEES PAID AT THE FUND LEVEL IS UNDERTAKEN. THE AMOUNT REPORTED ON PART IX, LINE 11(F) PRIMARILY REPRESENTS FEES PAID TO OUR THIRD PARTY INDEPENDENT INVESTMENT ADVISOR.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,034,847. POSTRETIREMENT BENEFITS 492,282. CGA/PLIF ANNUITY PAYMENT 390,745.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ALUMNI COUNCIL OF UNION COLLEGE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1807 UNION ST ABBE HALLAddressLine1Txt
CitySCHENECTADYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12308ZIPCd
FieldValueIRS element (for citing)
EIN146019466EIN
Primary ActivitiesFUNDRAISINGPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status12CPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAIN UNITRUST (4)
INVESTINGNYT0
CHARITABLE REMAIN UNITRUST (1)
INVESTINGCAT0
CHARITABLE REMAIN UNITRUST (2)
INVESTINGPAT0
CHARITABLE REMAIN UNITRUST (1)
INVESTINGTXT0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ALUMNI COUNCIL OF UNION COLLEGE
B$87,688FMV
ALUMNI COUNCIL OF UNION COLLEGE
C$67,000FMV