Binghamton Auxiliary Services Corporation
- Assets
- $448.2k
- Revenue
- $354.7k
- Investments
- $0.0
- Employees
- 25
- Location
- Binghamton, NY
- Founding
- 02/2015
- Data as of
- 06/2022
- EIN
- 47-2249673
Organization Overview
Binghamton Auxiliary Services Corporation is located in Binghamton, NY. The organization was established in 2015. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2023, Binghamton Auxiliary Services Corporation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Binghamton Auxiliary Services Corporation 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, Binghamton Auxiliary Services Corporation generated $354.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $208.8k 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
THE CORPORATION WAS FORMED TO AID, ASSIST_AND SERVICE THE STUDENTS, FACULTY, ADMINISTRATIVE STAFF, ALUMNI AND OTHERS IN THE COLLEGE COMMUNITY OF BINGHAMTON UNIVERSITY THROUGH THE PROVISION OF AUXILIARY SERVICES, SUCH AS, BY WAY OF EXAMPLE AND NOT LIMITED_TO,_FOOD SERVICES, BOOK STORE OPERATIONS, VENDING AND GAME MACHINES, COPYING SERVICES, PRINTING SERVICES, COMPUTER SERVICES AND OTHER RELATED ENTERPRISES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICING STUDENTS, FACULTY, ADMINISTRATIVE STAFF, ALUMNI AND OTHERS IN THE COLLEGE COMMUNITY WITH BANKING, COMMENCEMENT PHOTS, MICRO FRIDGE/REFRIGERATOR RENTALS, AND LICENSING OF INDICIA.
BASC MILL STREET, LLC - OPERATIONS OF A TENNIS CENTER SERVING STUDENTS AND STAFF OF BINGHAMTON UNIVERSITY AS WELL AS MEMBERS OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcy Fauci President | OfficerTrustee | 0.2 | $0 |
Heather Parks Vice President | OfficerTrustee | 0.2 | $0 |
Deanne Ellison Executive Director | Officer | 13 | $0 |
Janice Bennett Secretary/treasurer | OfficerTrustee | 0.2 | $0 |
Brian Rose Director | Trustee | 0.2 | $0 |
Jesse Wheeler Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| 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 | $354,703 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $34,601 |
| Fees for services: Legal | $3,360 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $323 |
| Advertising and promotion | $0 |
| Office expenses | $1,410 |
| 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 | $1,671 |
| All other expenses | $0 |
| Total functional expenses | $208,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398,085 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,991 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,146 |
| Prepaid expenses and deferred charges | $15,954 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $448,176 |
| Accounts payable and accrued expenses | $47,731 |
| Grants payable | $0 |
| Deferred revenue | $20,106 |
| 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 | $0 |
| Total liabilities | $67,837 |
| Net assets without donor restrictions | $380,339 |
| 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 | $380,339 |