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ALFRED STATE COLLEGE DEVELOPMENT FUND INC

ALFRED, NY · EIN 161453263 · Form 990 · FY2024 · Medium ($1M-$10M) · alfredstate.edu
revenue
$9.1M
expenses
$3.6M
net assets
$19.6M
employees
0
program ratio
92%
mission · from form 990

TO ADVANCE AND PROMOTE THE INTEREST OF THE STATE UNIVERSITY OF NEW YORK COLLEGE OF TECHNOLOGY AT ALFRED, ITS STUDENTS, AND ITS ALUMNI BY GENERATING REVENUES THAT ARE USED TO PROVIDE SCHOLARSHIPS TO STUDENTS AND FINANCIAL ASSISTANCE FOR VARIOUS ACTIVITIES OF SUNY AT ALFRED

profile · synthesized from sources

Alfred State College, part of the State University of New York (SUNY) system, offers career-focused associate, bachelor's, and online degrees through hands-on learning in over 200 labs. It serves students across more than 80 in-demand majors, emphasizing real-world experience and professional readiness. The college supports student success through programs like EOP and ASAP/ACE, which provide academic, financial, and personal support to help students graduate on time.

named programs · 3 · from sources

What they call their work

Baja SAE Competition Team
Student engineering team that designs, builds, and races off-road vehicles in national SAE International competitions, integrating mechanical and electrical engineering skills
Educational Opportunity Program (EOP)
Comprehensive support program for low-income, first-generation college students, including summer prep academy, academic advising, and financial assistance
SUNY ASAP/ACE
Retention and completion model providing eligible associate and baccalaureate students with academic advising, textbook funding, grocery support, transportation assistance, and career development
activities · 5 groups

What they do

  • Student Support and Academic Services 1 activity
    • Delivering the Educational Opportunity Program (EOP) Summer Prep Academy
      Hosts a residential orientation program for 34 incoming EOP students and supports a total of 132 enrolled EOP students at Alfred State College, providing academic and transitional support services.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarships and financial assistance for students at SUNY Alfred State College
      Generates revenues to provide scholarships to students and financial assistance for various activities at SUNY Alfred State College.
  • College Access and Success Support 1 activity
    • Operating the ASAP/ACE program for student success
      Launches the ASAP/ACE program with an inaugural cohort of 150 students in Fall 2026 to support student academic and personal development.
  • STEM Competition and Robotics Programs 1 activity
    • Supporting student participation in Baja SAE engineering competition
      Fields a six-person student team to compete in the SAE International Baja SAE competition, guiding them through a year-long project involving engineering design, manufacturing, budgeting, sponsorship development, and project management of a Baja SAE vehicle, alongside 102 other colleges from the U.S., Canada, and abroad.
  • Uncategorized 2 activities
    • Providing hands-on automotive repair training through live service
      Offers practical training in automotive repair via live customer service activities, including engine and transmission rebuilding, electrical system diagnostics, and service across diverse vehicle makes and models.
    • Recognizing high-achieving students on the Dean’s List
      Recognizes students who achieve a minimum 3.5 GPA while completing at least twelve credit hours, including 938 students in Spring 2026, with 185 achieving a perfect 4.0 GPA.
financials · form 990 · fy2024
revenue
Total revenue$9.11M
Contributions & grants$8.15M89%
Program service revenue$110K1%
Investment income$788K9%
Other revenue$62K
expenses
Total expenses$3.59M
Program expenses92%
Admin / overhead4%
Fundraising4%
Salaries & benefits$93K
Grants paid out$2.11M
Largest expense lineProfessional Fees
balance sheet
Total assets$19.76M
Cash$2.72M
Investments$12.14M
Liabilities$141K
Net assets$19.62M
Liquid reserves49.6 mo
6 years on record · 2019–2024 · YoY revenue +124.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
DANIELLE WHITE EXECUTIVE DIRECTOR 40 $223K
board members · 16
  • AMANDA HERRICK SMITH — TREASURER
  • BOB FORNESS — DIRECTOR
  • CONNIE CAPUTO — SECRETARY
  • DALE STELL — DIRECTOR
  • DOUGLAS ACOMB — DIRECTOR
  • GREG FERRY — DIRECTOR
  • JAMES GRILLO — DIRECTOR
  • JAMES H HELMS — VICE CHAIR
  • JAMES LANGDON — DIRECTOR
  • JOHN KRUEGER — DIRECTOR
  • JOSEPH LARAISO — DIRECTOR
  • MADISON SZPAICHER — DIRECTOR
  • MARY HUNTINGTON — DIRECTOR
  • RICHARD LAUDISI — CHAIR PERSON
  • TIMOTHY HARRIS — DIRECTOR
  • WILLIAM SNYDER III — DIRECTOR
relationships · 10

Who they work with

  • Governor Kathy Hochul Government — Recognized for supporting increased EOP funding in the 2026-2027 State budget.
  • New York State Department of Transportation Partner — Collaborates with Alfred State for student internships and career placement in automotive service roles.
  • New York State Legislature Government — Co-supported the historic $10.7 million increase in EOP funding for fiscal year 2026-2027.
  • SAE International Partner — Collaborates with SAE International through student participation in the Baja SAE competition, which evaluates engineering design, manufacturing, and project management.
  • STATE UNIVERSITY OF NEW YORK COLLEGE OF TECHNOLOGY AT ALFRED Government — Primary affiliated institution supported through scholarships and program funding.
  • SUNY Network — Alfred State participates in the SUNY Educational Opportunity Program (EOP) as part of the SUNY system.
  • SUNY Network — Member of SUNY's ASAP/ACE program network, implementing the statewide retention and completion model.
  • SUNY Board of Trustees Network — Endorses and supports the expansion and impact of the SUNY EOP program.
  • SUNY Council for University Advancement (SUNYCUAD) Network — Member organization that recognizes Alfred State College's advancement and communications work through its Awards for Excellence program.
  • State of New York Government — Receives EOP funding through the New York State Legislature and Governor's office.
strategies · 3

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.

  • Comprehensive Support for Student Success
    methodology: wraparound_support
    By providing financial, academic, and personal advisement support, students overcome non-academic barriers to degree completion because holistic interventions address the root causes of attrition among at-risk populations.
  • Experiential and Project-Based Learning for Career Readiness
    methodology: experiential_learning
    By engaging students in real-world engineering and technical projects, they develop critical thinking, collaboration, and problem-solving skills because hands-on challenges simulate professional environments and reinforce applied learning.
  • Summer Transition Preparation for Academic Integration
    methodology: summer-prep-academy
    By offering a residential summer orientation, incoming EOP students build academic confidence and social connections before the start of term, because early immersion reduces transition shock and increases retention.