Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl
- Assets
- $11.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 19
- Location
- Farmingdale, NY
- Founding
- 05/1958
- Data as of
- 06/2022
- EIN
- 11-1824299
Organization Overview
Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl is located in Farmingdale, NY. The organization was established in 1958. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl 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 06/2022, Auxiliary Service Corp Of The Agricultural & Tech Coll At Frmgdl generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $827.4k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO STUDENTS, FACULTY AND STAFF
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER AUXILIARY
PROVIDE LAUNDROMAT SERVICES FOR RESIDENTIAL STUDENTS
PROVIDE FOOD SERVICES AND VENDING SERVICES FOR RESIDENT STUDENTS, COMMUTING STUDENTS, FACULTY & STAFF
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerry Watnick Executive Dir. | Officer | 37.5 | $112,340 |
Jeff Gaab Secretary | OfficerTrustee | 1 | $0 |
Keri Franklin Treasurer | OfficerTrustee | 1 | $0 |
Erica Chase Chairperson | OfficerTrustee | 1 | $0 |
Debra Hecht Rec'g Secretary | Officer | 1 | $0 |
Michael Harrington Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,868 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,202 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,070 |
| Total Program Service Revenue | $1,046,280 |
| Investment income | $6,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,806,065 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,340 |
| Compensation of current officers, directors, key employees. | $112,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $263,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,276 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,295 |
| Fees for services: Accounting | $15,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,701 |
| Insurance | $36,837 |
| All other expenses | $22,286 |
| Total functional expenses | $827,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,573,666 |
| Savings and temporary cash investments | $289,450 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $132,261 |
| 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 | $36,363 |
| Net Land, buildings, and equipment | $2,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,029,992 |
| Total assets | $11,063,996 |
| Accounts payable and accrued expenses | $44,866 |
| Grants payable | $0 |
| Deferred revenue | $80,000 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,096,515 |
| Total liabilities | $2,221,381 |
| Net assets without donor restrictions | $8,842,615 |
| Net assets with donor restrictions | $0 |
| 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 | $11,063,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dyouville College Buffalo, NY | $237,922,794 | $97,566,880 |
Marywood University Scranton, PA | $244,412,152 | $100,984,557 |
Saint Francis University Loretto, PA | $151,334,265 | $103,685,117 |
Delaware Valley University Doylestown, PA | $115,886,881 | $93,931,517 |
Alvernia University Reading, PA | $170,646,570 | $90,031,322 |
Misericordia University Dallas, PA | $208,480,483 | $89,800,861 |
University Of Saint Joseph West Hartford, CT | $138,052,246 | $93,452,182 |
Mount Saint Mary College Newburgh, NY | $218,302,494 | $87,358,285 |
Eastern University St Davids, PA | $97,736,290 | $80,183,384 |
American International College Springfield, MA | $97,977,130 | $85,156,875 |
Cabrini University Radnor, PA | $134,382,382 | $73,061,139 |
The Harrisburg University Of Science And Technology Harrisburg, PA | $218,545,488 | $75,078,745 |