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FACULTY-STUDENT ASSOCIATION OF SUNY UPSTATE MEDICAL UNIVERSITY
SYRACUSE, NY · EIN 156025404 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.6M
expenses
$3.6M
net assets
$1.5M
employees
0
volunteers
13
program ratio
89%
mission · from form 990

THE ASSOCIATION OPERATED UNDER AN AGREEMENT WITH THE STATE UNIVERSITY OF NEW YORK TO PROMOTE AND CULTIVATE EDUCATIONAL AND SOCIAL RELATIONS AMONG THE STUDENTS AND THE FACULTY AT THE STATE UNIVERSITY, AS WELL AS AIDING THE STUDENTS AND FACULTY IN THEIR EDUCATION AND IN THEIR STUDY, WORK, LIVING AND EXTRACURRICULAR ACTIVITIES.

profile · synthesized from sources

The Faculty-Student Association of SUNY Upstate Medical University supports students, faculty, and staff through auxiliary services on campus. It operates a bookstore, vending, shuttle bus, ATM banking, and microscope rental services. The organization also contributes funds to the Upstate Foundation to advance shared educational and institutional initiatives.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $2.75M
    AUXILIARY PROGRAMS - TO PROVIDE VARIOUS AUXILIARY SERVICES TO STUDENTS, FACULTY AND STAFF OF UPSTATE MEDICAL CENTER CAMPUS INCLUDING A BOOKSTORE, VENDING, SHUTTLE BUS, ATM BANKING, AND MICROSCOPE RENTAL.
named programs · 2 · from sources

What they call their work

Auxiliary Programs
Provides campus services including a bookstore, vending machines, shuttle bus transportation, ATM banking, and microscope rentals for students, faculty, and staff at SUNY Upstate Medical University.
Donor-Advised Fund Contribution
Contributed $1.6 million to the Upstate Foundation, Inc. to support initiatives aligned with the Association’s educational and institutional goals.
activities · 2 groups

What they do

  • Donor-Advised Fund Grantmaking 1 activity
    • Funding initiatives through donor-advised contributions
      Funds initiatives by contributing $1,600,000 to Upstate Foundation, Inc. through a donor-advised fund to further the association's purposes.
  • College Auxiliary Retail and Convenience Services 1 activity
    • Provision of auxiliary campus services
      Provides auxiliary services to students, faculty, and staff at Upstate Medical Center campus, including a bookstore, vending, shuttle bus, ATM banking, and microscope rental.
financials · form 990 · fy2024
revenue
Total revenue$3.60M
Contributions & grants$00%
Program service revenue$3.38M94%
Investment income$47K1%
Other revenue$177K
expenses
Total expenses$3.56M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.40M
Cash$1.89M
Investments$0
Liabilities$1.88M
Net assets$1.52M
Liquid reserves6.4 mo
6 years on record · 2019–2024 · YoY revenue +0.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 10
NameTitleHours/wkCompensation
ERIC J SMITH TREASURER 1 $622K
SHARON HUARD VICE CHAIR 1 $239K
KAUSHAL NANAVATI MD BOARD MEMBER 1 $188K
ERIN BOLSEI BOARD MEMBER 1 $186K
WILLIAM SULLIVAN SECRETARY 1 $182K
AARON GLASS BOARD MEMBER 1 $170K
THOMAS M DUNCAN FORMER OFFICER 1 $155K
RYAN GREEN CHAIR OF BOARD 1 $113K
NICHOLAS BRENNAN USG PRESIDENT 1 $28K
ALLYSA KEMRAJ BOARD MEMBER 1 $19K
board members · 4
  • ALEX RODRIGUEZ — BOARD MEMBER
  • CHRIS STANTON — BOARD MEMBER
  • KATHY BURKE — BOARD MEMBER
  • MUS'AB AZAM — BOARD MEMBER
relationships · 2

Who they work with

  • State University of New York Government — Operates under an agreement with the State University of New York to support students and faculty.
  • Upstate Foundation, Inc. Partner — Established a donor-advised fund with Upstate Foundation, Inc. and contributed $1,600,000 to further the association's initiatives.