Suco Student Association
- Assets
- $505.0k
- Revenue
- $1.5m
- Investments
- $319.9k
- Employees
- 129
- Location
- Oneonta, NY
- Founding
- 03/1975
- Data as of
- 06/2019
- EIN
- 16-0972612
Organization Overview
Suco Student Association is located in Oneonta, NY. The organization was established in 1975. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2019, Suco Student Association employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suco Student Association 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 06/2019, Suco Student Association generated $1.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.3m during the year ending 06/2019. While expenses have increased by 1.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE STUDENT ACADEMIC AND SOCIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE VARIOUS ACADEMIC AND SOCIAL ACTIVITIES, STUDENT TRANSPORATION, NEWSPAPER, RADIO STATION AND ATHLETICS TO SUNY ONEONTA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Nolan Executive VP | Officer | 10 | $3,575 |
Samantha Palermo VP Of Central Affairs | Officer | 10 | $3,195 |
Samuel Sundick VP Communications | Officer | 10 | $3,160 |
Angeno Dorsango VP Of Finance | Officer | 10 | $3,040 |
Valerie Conforti President | Officer | 10 | $3,040 |
Marisa Beviacqua Chair Of External Affairs | Officer | 10 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,330,329 |
| Investment income | $15,255 |
| 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 | $1,458,791 |
| Statement of Expenses | |
|---|---|
| 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. | $24,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $5,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,372 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,863 |
| 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 | $0 |
| Insurance | $78,210 |
| All other expenses | $0 |
| Total functional expenses | $1,327,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $319,871 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $505,004 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $101,014 |
| Total liabilities | $101,014 |
| Net assets without donor restrictions | $403,990 |
| 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 |
| Total liabilities and net assets/fund balances | $403,990 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Suco Student Association has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morrisville Auxiliary Of State Univ College Of Agricult & Technology Morrisville, NY | $25,329,251 | $17,429,247 |
Faculty Student Association State University College At Fredonia Inc Fredonia, NY | $20,429,854 | $14,962,919 |
The Jain Family Institute New York, NY | $1,266,575 | $5,283,522 |
Brockport Auxilary Service Corporation Brockport, NY | $15,024,153 | $10,683,968 |
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |
Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |