Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill
- Assets
- $10.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Cobleskill, NY
- Founding
- 02/1978
- Data as of
- 06/2021
- EIN
- 14-6088042
Organization Overview
Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill is located in Cobleskill, NY. The organization was established in 1978. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alumni Of The State Univ Of NY Agri & Tech College At Cobleskill is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Alumni Of The State Univ Of NY Agri & Tech College At Cobleskill generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ALUMNI ASSOCIATION WAS FORMED TO UNITE IN STRONG COMMUNITY THOSE STUDENTS, FACULTY, AND ALUMNI WHO WISH TO PROMOTE THE SOCIAL AND EDUCATIONAL INTERESTS OF THE SCHOOL; THE ASSOCIATION FORMED COBLESKILL ALUMNI HOLDINGS LLC, FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A PORTION OF STUDENT HOUSING ON CAMPUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI HOLDINGS OFFERS ON CAMPUS HOUSING TO STUDENTS OF THE COLLEGE.
THE ASSOCIATION SERVES ABOUT 2,100 SUNY COBLESKILL STUDENTS, ON TOP OF ANY INTERESTED FACULTY AND ALUMNI OF THE COLLEGE. THE ASSOCAITION CONDUCTS AN ANNUAL FUND DRIVE IN WHICH PROCEEDS ARE USED FOR SCHOLARSHIPS, SPECIAL PROGRAMS, ETC.
ALUMNI EVENTS, REGIONAL AND OTHER STUDENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pierce Randall President | OfficerTrustee | 1 | $0 |
Sonali Mcintyre Secretary | OfficerTrustee | 1 | $0 |
Wendy Gilman Assistant Treasurer | OfficerTrustee | 1 | $0 |
Geoffrey Rightmyer Treasurer | OfficerTrustee | 1 | $0 |
Emily Purvis Vice President | OfficerTrustee | 1 | $0 |
Brett Luce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $59,503 |
| Fundraising events | $0 |
| Related organizations | $300,993 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,950 |
| Total Program Service Revenue | $963,680 |
| Investment income | $12,938 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,428 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,450,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,024 |
| Advertising and promotion | $0 |
| Office expenses | $34 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,081 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $272,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $575,446 |
| Insurance | $49,515 |
| All other expenses | $13,422 |
| Total functional expenses | $1,477,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $652,486 |
| Savings and temporary cash investments | $364,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,210 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,186 |
| Net Land, buildings, and equipment | $8,302,285 |
| Investments—publicly traded securities | $1,149,767 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $307,064 |
| Total assets | $10,808,498 |
| Accounts payable and accrued expenses | $296,128 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,788,218 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $716,909 |
| Total liabilities | $8,801,255 |
| Net assets without donor restrictions | $1,608,314 |
| Net assets with donor restrictions | $398,929 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,808,498 |
Endowment Analysis
| Beg. Balance | $592,146 |
| Earnings | -$472,032 |
| Net Contributions | $883 |
| Ending Balance | $120,997 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Coast Guard Academy Alumni Association Inc New London, CT | $53,324,091 | $18,444,264 |
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
Wellesley College Alumnae Association Wellesley, MA | $21,826,732 | $2,808,656 |
Yale Alumni Publications Inc New Haven, CT | $28,715 | $87,332 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |
Syracuse Health Science Center Medical Alumni Foundation Inc Syracuse, NY | $50,640,765 | $25,764,011 |