Faculty Students Association Of State University Of New York
- Assets
- $43.7m
- Revenue
- $37.7m
- Investments
- $0.0
- Employees
- 1,659
- Location
- Buffalo, NY
- Founding
- 05/1966
- Data as of
- 05/2022
- EIN
- 16-6018833
Organization Overview
Faculty Students Association Of State University Of New York, operating under the name Campus Dining & Shops, is located in Buffalo, NY. The organization was established in 1966. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Campus Dining & Shops employed 1,659 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Campus Dining & Shops 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 05/2022, Campus Dining & Shops generated $37.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $35.4m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FSA OF STATE UNIVERSITY OF NEW YORK AT BUFFALO, INC'S PRIMARY PURPOSE IS TO OFFER A VARIETY OF HIGH QUALITY, HIGH VALUE, AND INNOVATIVE DINING OPTIONS DESIGNED TO FIT THE VARIED LIFESTYLES AND NUTRITIONAL NEEDS OF THE UNIVERSITY COMMUNITY. SERVING FOODS FROM LOCAL GROWERS, STRIVING TO ACHIEVE SUSTAINABILITY, AND EXPANDING THE AVAILABILITY OF DINING CHOICES ARE WAYS THAT WE ENRICH THE DINING EXPERIENCE. WE CHALLENGE OUR EXPERIENCED AND KNOWLEDGEABLE EMPLOYEES DAILY TO PROVIDE EXEMPLARY CUSTOMER SERVICE.CAMPUS DINING AND SHOPS IS A MULTI-UNIT COMPANY EMPLOYING OVER 700 PEOPLE. IN ADDITION TO PROVIDING THE UNIVERSITY'S DINING SERVICES, IT ALSO SERVES THE UB COMMUNITY THROUGH MANAGEMENT OF THE UB CARD OFFICE, CAMPUS CATERING, RETAIL AND CONVENIENCE STORES AND VENDING.IN OUR DAILY OPERATIONS WE RELY ON INHERENT CORE VALUES: QUALITY ITEMS AT VALUE PRICES, ENVIRONMENTALLY FRIENDLY SETTINGS, ETHICAL TREATMENT OF ALL, AND CONDUCTING ALL PHASES OF BUSINESS WITH INTEGRITY.
Describe the Organization's Program Activity:
DINING SERVICES - THE ORGANIZATION PROVIDES OVER 7,000 MEAL PLANS FOR STUDENTS OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO.
VENDING - THE ORGANIZATION PROVIDES VENDING SERVICES TO MORE THAN 40,000 STUDENTS, FACULTY, AND STAFF OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO.
CONVENIENCE STORES - THE ORGANIZATION OPERATES CONVENIENCE STORES FOR MORE THAN 40,000 STUDENTS, FACULTY, AND STAFF OF THE STATE UNIVERSITY OF NEW YORK AT BUFFALO. THE CONVENIENCE STORES FEATURE EVERYTHING YOU WOULD EXPECT FROM YOUR LOCAL CORNER STORE. THEY HAVE LATE HOURS, GOOD PRICES, SNACKS, BEVERAGES, MICROWAVE DINNERS, HEALTH AND BEAUTY PRODUCTS, OFFICE AND SCHOOL SUPPLIES, AND MUCH MORE. ALL STORES ARE LOCATED WITHIN THE RESIDENCE HALLS.
ID CARD OFFICE: A STUDENT'S UB CARD IS THE TICKET TO A VARIETY OF SERVICES THROUGHOUT THE CAMPUS. DINING PLANS, DINING DOLLARS, AND CAMPUS CASH ARE ALL ACCESSED USING A UB CARD. OTHER USES OF THE UB CARD ARE DOOR ACCESS, UB IT ACESS, LIBRARY ACCES, ACCESS TO ATHLETIC FACILITIES AND SPORTING EVENTS AS WELL AS STUDENT IDENTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Nowaczyk CFO | Officer | 40 | $142,503 |
Eric Blackledge Executive Director | Officer | 40 | $131,119 |
Keith Curtachio Director Of It | 40 | $116,804 | |
Carrie Woodrow Treasurer | OfficerTrustee | 1 | $0 |
Chris Putrino Secretary | OfficerTrustee | 1 | $0 |
Jennifer Pesany Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $37,167,619 |
| Investment income | $87,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,888 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,728,658 |
| 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. | $455,110 |
| Compensation of current officers, directors, key employees. | $242,513 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,543,921 |
| Pension plan accruals and contributions | $498,092 |
| Other employee benefits | $2,409,062 |
| Payroll taxes | $1,115,276 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $156,801 |
| Fees for services: Accounting | $46,256 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,968 |
| Office expenses | $60,525 |
| Information technology | $346,335 |
| Royalties | $0 |
| Occupancy | $2,730,096 |
| Travel | $29,099 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $201,982 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,341,009 |
| Insurance | $730,079 |
| All other expenses | $2,418,608 |
| Total functional expenses | $35,445,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,949,727 |
| Savings and temporary cash investments | $8,093,664 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,060,810 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,164,424 |
| Prepaid expenses and deferred charges | $866,983 |
| Net Land, buildings, and equipment | $7,998,742 |
| Investments—publicly traded securities | $13,578,362 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,712,712 |
| Accounts payable and accrued expenses | $4,259,243 |
| Grants payable | $0 |
| Deferred revenue | $320,219 |
| 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 | $4,139,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,824 |
| Total liabilities | $8,744,722 |
| Net assets without donor restrictions | $34,967,990 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $43,712,712 |
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