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FACULTY-STUDENT ASSOCIATION OF STATE UNIVERSITY COLLEGE AT FREDONIA NY INC

FREDONIA, NY · EIN 160728535 · Form 990 · FY2024 · NTEE B80Z · Education · Large ($10M-$50M) · fsa.fredonia.edu
revenue
$12.8M
expenses
$12.3M
net assets
$16.7M
employees
437
program ratio
83%
mission · from form 990

TO IDENTIFY AND PROVIDE APPROPRIATE GOODS AND SERVICES WHICH MAY NOT BE OTHERWISE PROVIDED BY THE STATE OF NEW YORK. CENTRAL TO THIS EFFORT IS THE ABILITY TO RECOGNIZE THE VARIETY AND DYNAMIC NATURE OF THE POPULATION INVOLVED IN AN ATTEMPT TO MAXIMIZE CUSTOMER SATISFACTION WHILE MAINTAINING THE FINANCIAL INTEGRITY OF THE ORGANIZATION.

profile · synthesized from sources

The Faculty-Student Association of State University College at Fredonia, NY Inc. operates essential campus services for SUNY Fredonia, including the university bookstore, dining services, Starbucks and Tim Hortons outlets, a convenience store, and the College Lodge. It supports student life by providing goods and services not fully covered by state funding. Revenue from operations is reinvested to benefit campus programs and student services.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $3.17M
    UNIVERSITY BOOKSTORE - CARRIES A WIDE SELECTION OF NEW AND USED TEXTBOOKS, FICTION, AND NON-FICTION TRADE BOOKS, AND CAN SPECIAL ORDER BOOKS THAT ARE NOT FOUND ON THE SHELVES. THE BOOKSTORE ALSO CARRIES AN ASSORTMENT OF FREDONIA MERCHANDISE INCLUDING CLOTHING, GIFTWARE, AND SCHOOL SUPPLIES, AS WELL AS MAGAZINES, CD'S, DVD'S, GREETING CARDS, STATIONARY AND ART SUPPLIES. THE CONVENIENCE STORE CARRIES SUNDRIES AND TRADITIONAL SNACKS, BEVERAGES, AND FOOD ITEMS. THE BOOKSTORE ALSO OPERATES A FULL-SCALE LICENSED STARBUCKS COFFEE SHOP.
  2. #2 $226K
    OTHER PROGRAM SERVICES - ANY INCOME AFTER OPERATING EXPENSES AND FUNDING REQUIREMENTS ARE USED TO BENEFIT THE UNIVERSITY BY SUPPORTING NUMEROUS CAMPUS PROGRAMS AND ACTIVITIES.
named programs · 4 · from sources

What they call their work

College Lodge
Manages a 200-acre natural retreat with facilities for banquets, conferences, and outdoor events, offering full catering services.
Dining Services
Operates multiple on-campus dining locations including a full-scale Starbucks, a Tim Hortons franchise, and a grab-and-go convenience kiosk.
FREDCard Services
Issues and manages the campus ID card (FREDCard), used for identification, dining, and access to campus services.
University Bookstore
Provides new and used textbooks, trade books, Fredonia merchandise, school supplies, and art materials; offers special ordering for out-of-stock items.
activities · 4 groups

What they do

  • Campus Auxiliary Services Management 2 activities
    • Issue and manage multipurpose campus ID cards (FREDCard)
      Provides and maintains the FREDCard, a multipurpose campus ID used by students for essential functions and services across campus.
    • Operate campus food services and dining locations
      Manages multiple on-campus dining locations, including a Starbucks, offering a variety of food and beverage options to students and the campus community.
  • Local High School Scholarship Programs 1 activity
    • Fund campus programs and activities using surplus income
      Uses surplus income generated from operations to support a variety of campus programs and activities at the State University College at Fredonia.
  • Campus Facility Operations and Management 1 activity
    • Manage College Lodge and natural property for campus use
      Operates the College Lodge, which includes over 200 acres of natural wooded area and provides banquet and catering services for campus and community events.
  • College Auxiliary Retail and Convenience Services 1 activity
    • Operate University Bookstore and convenience retail services
      Runs the University Bookstore and adjacent retail outlets offering course materials, school supplies, merchandise, snacks, beverages, and convenience items, including a licensed Starbucks, Tim Hortons franchise, and grab-and-go kiosk.
financials · form 990 · fy2024
revenue
Total revenue$12.82M
Contributions & grants$00%
Program service revenue$12.05M94%
Investment income$734K6%
Other revenue$41K
expenses
Total expenses$12.31M
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$6.66M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$21.78M
Cash$2.18M
Investments$14.13M
Liabilities$5.07M
Net assets$16.71M
Liquid reserves15.9 mo
5 years on record · 2020–2024 · YoY revenue +6.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
TRACY STENGER SECRETARY 1 $292K
DR JUDY LANGWORTHY INTERIM PRESIDENT/ALT V.P. 1 $229K
DARIN SCHULZ EXECUTIVE DIRECTOR 40 $200K
TODD PROFITT DIRECTOR 1 $174K
DR MICHAEL JABOT DIRECTOR 1 $173K
ROB DEEMER DIRECTOR 1 $161K
LEAH BETTS DIRECTOR 1 $97K
board members · 8
  • BRIAN LYGHT — DIRECTOR
  • DAKOTA RICHTER — DIRECTOR
  • DAN QUAGLIANA — VICE PRESIDENT
  • DONALD DJ SCHIER — DIRECTOR
  • EBONY JONES — DIRECTOR
  • JORDAN STEPHENS — DIRECTOR
  • WAYNE P LYNCH — PRESIDENT (BEG FEB 2025)
  • ZACHARY DEAN — TREASURER
relationships · 3

Who they work with

  • Starbucks Partner — FSA operates a Starbucks location on campus, indicating a partnership with Starbucks.
  • Starbucks Partner — Licensed operator of a Starbucks coffee shop within the university bookstore.
  • Tim Hortons Partner — Franchisee operating a Tim Hortons location within the university bookstore.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Gap-Filling Service Provision
    methodology: gap_filling_service_provision
    By identifying and providing goods and services not otherwise available from the State of New York, the organization enhances student welfare and institutional support, because unmet student needs negatively impact campus life and academic success.