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FACULTY STUDENT ASSOCIATION OF DOWNSTATE MEDICAL CENTER INC
BROOKLYN, NY · EIN 111704590 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.5M
expenses
$3.5M
net assets
$775K
employees
4
program ratio
94%
mission · from form 990

THE FACULTY STUDENT ASSOCIATION OF DOWNSTATE MEDICAL CENTER, INC. ("THE ASSOCIATION") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO ESTABLISH, OPERATE, MANAGE, PROMOTE, AND CULTIVATE EDUCATIONAL ACTIVITIES AND RELATIONSHIPS INCIDENTAL THERETO BY, BETWEEN, AND AMONG THE STUDENTS AND THE FACULTY OF SUNY DOWNSTATE AND TO AID THE STUDENTS, FACULTY, AND ADMINISTRATION OF SUNY DOWNSTATE IN THE FURTHERANCE OF THEIR EDUCATION AND STUDIES, WORK, LIVING AND CO-CURRICULAR ACTIVITIES INCIDENTAL THERETO, IN COLLABORATION AND COORDINATION WITH THE EDUCATIONAL GOALS OF SUNY DOWNSTATE.

profile · synthesized from sources

The Faculty Student Association of Downstate Medical Center Inc. is a nonprofit supporting students, faculty, and administration at SUNY Downstate Medical Center. It fosters educational, co-curricular, and community-building activities, primarily through operating a university bookstore that provides academic supplies, textbooks, clinical gear, and institutional merchandise to the campus community in Brooklyn, NY.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1K
    A UNIVERSITY BOOKSTORE PROVIDES GOODS AND SERVICES TO THE SUNY DOWNSTATE COMMUNITY, INCLUDING BUT NOT LIMITED TO STUDENTS, FACULTY AND STAFF. ACADEMIC AND CLINICAL RELATED SUPPLIES, CLOTHING, PARKING PASSES, AND NOVELTIES ARE AVAILABLE FOR SALE IN ADDITION TO THE SALE, RENTAL, AND BUY-BACK OPTIONS FOR NEW AND USED TEXTBOOKS.
named programs · 1 · from sources

What they call their work

University Bookstore Operations
Provides academic and clinical supplies, textbooks (new, used, rental, buy-back), clothing, parking passes, and institutional novelties to students, faculty, and staff at SUNY Downstate Medical Center
activities · 1 group

What they do

  • College Auxiliary Retail and Convenience Services 1 activity
    • Operate university bookstore services
      Operates a university bookstore that provides academic and clinical supplies, clothing, parking passes, and textbook services to the SUNY Downstate community.
financials · form 990 · fy2024
revenue
Total revenue$3.46M
Contributions & grants$163K5%
Program service revenue$3.27M95%
Investment income$1060%
Other revenue$24K
expenses
Total expenses$3.51M
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$62K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$2.38M
Cash$819K
Investments$0
Liabilities$1.61M
Net assets$775K
Liquid reserves2.8 mo
6 years on record · 2019–2024 · YoY revenue +0.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 12
NameTitleHours/wkCompensation
MARK STEWART DIRECTOR 0 $420K
JEFF ROSEN TREASURER 5 $298K
DANIEL GRAVES DIRECTOR 0 $290K
JEFFREY PUTMAN PRESIDENT 5 $280K
MARIE-CLAIRE ROBERTS DIRECTOR 0 $275K
RICHARD BENTLEY PRESIDENT (FORMER) 5 $251K
CHARIS NG SECRETARY 5 $223K
BRIGITTE DESPORT VICE PRESIDENT 5 $218K
DEANNE KENNEDY-LORDE DIRECTOR 0 $189K
SERGIO MAFFETTONE TREASURER (FORMER) 5 $183K
TARA BECKLEY DIRECTOR 0 $116K
LAURA MARTELLO-ROONEY DIRECTOR 0 $99K
board members · 6
  • ADANMA NGADI — STUDENT DIRECTOR
  • BREANNA WATSON — STUDENT DIRECTOR
  • MATTHEW ZAHARENIOS — STUDENT DIRECTOR
  • MOHAMMAD SHAH — STUDENT DIRECTOR
  • RACHEL BAUM — STUDENT DIRECTOR
  • RILEY MORRONE — STUDENT DIRECTOR
relationships · 1

Who they work with

  • SUNY Downstate Partner — Collaborates with SUNY Downstate to support students, faculty, and administration in furthering education, work, and co-curricular activities.