University Auxiliary Services At Albany Inc is located in Albany, NY. The organization was established in 1953. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2024, University Auxiliary Services At Albany Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Auxiliary Services At Albany Inc 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 05/2024, University Auxiliary Services At Albany Inc generated $17.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $32.1m during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CONTRACTUAL AGREEMENT WITH STATE UNIVERSITY OF NEW YORK TO PROVIDE FOOD AND AUXILIARY SERVICES TO FACULTY, STAFF AND STUDENTS AT THE UNIVERSITY OF ALBANY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SERVICE - AGREEMENT WITH STATE UNIVERSITY OF NEW YORK AT ALBANY TO PROVIDE FOOD SERVICES TO FACULTY, STAFF, AND STUDENTS OF THE UNIVERSITY
OTHER SERVICES & ACTIVITIES - AGREEMENT WITH STATE UNIVERSITY OF NEW YORK AT ALBANY TO PROVIDE OTHER SERVICES (BANKING, LAUNDRY, OTHER SERVICES) TO FACULTY, STAFF AND STUDENTS OF THE UNIVERSITY
CAMPUS STORE - AGREEMENT WITH STATE UNIVERSITY OF NEW YORK AT ALBANY TO PROVIDE ACCESS TO SUPPLY AND OPERATE THE CAMPUS STORE FOR FACULTY, STAFF, AND STUDENTS OF THE UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jermaine Harris Board Member | Trustee | 1 | $0 |
Lee Serravillo Board Member | Trustee | 1 | $0 |
Indumathi Lnu Board Member | Trustee | 1 | $0 |
Cara White Board Member | Trustee | 1 | $0 |
Carol Perrin Board Member | Trustee | 1 | $0 |
Fardin Sanai Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Janitronics Inc Janitorial Solutions | 5/30/24 | $400,206 |
Singer-kittredge Equipment Co Commercial Food Equiptment | 5/30/24 | $320,463 |
Sodexo Inc And Affiliates Food Services/facilities Management | 5/30/24 | $24,377,406 |
Cbord Group Inc Software | 5/30/24 | $180,561 |
Colonie Mechanical Contractors Construction | 5/30/24 | $161,814 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $14,387,573 |
Investment income | $786,079 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,792,906 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,966,558 |
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. | $231,390 |
Compensation of current officers, directors, key employees. | $231,390 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,059,953 |
Pension plan accruals and contributions | $113,853 |
Other employee benefits | $216,733 |
Payroll taxes | $92,469 |
Fees for services: Management | $34,155 |
Fees for services: Legal | $7,871 |
Fees for services: Accounting | $40,635 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,145 |
Office expenses | $135,518 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,444,012 |
Travel | $20,723 |
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 | $2,042,971 |
Insurance | $53,898 |
All other expenses | $0 |
Total functional expenses | $32,112,196 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,161,243 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,207,640 |
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 | $95,798 |
Net Land, buildings, and equipment | $6,447,340 |
Investments—publicly traded securities | $5,346,364 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $563,272 |
Total assets | $29,821,657 |
Accounts payable and accrued expenses | $4,117,753 |
Grants payable | $0 |
Deferred revenue | $1,255,649 |
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 | $615,280 |
Total liabilities | $5,988,682 |
Net assets without donor restrictions | $23,832,975 |
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 | $29,821,657 |