2024-05-15T07:34:14-05:00 2023-06-30 135565207 KPMG LLP 515 BROADWAY 4TH FLOOR ALBANY NY 12207 990 2022-07-01 150543659 CLARKSON UNIVERSITY CLAR 3152682089 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 JEFFREY IVES CFO 3152687258 2024-05-14 1 JEFFREY IVES XXX-XX-XXXX 1 GENEVA FURLANO P01877392 5184274600 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARC CHRISTENSEN 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 136995546 309842940 0 X WWW.CLARKSON.EDU X PROVIDE EDUCATION FOR UNDERGRADUATE, GRADUATE, AND PROFESSIONAL CONTINUING EDUCATION PROGRAMS, AND TO ENGAGE IN HIGH QUALITY RESEARCH AND SCHOLARSHIP. 28 28 2306 1099 -292955 4760 42338123 31921438 205140343 197282966 12570509 667736 2194537 3560217 262243512 233432357 113062436 111275798 0 0 88245283 84292925 0 0 2222348 59576963 54923809 260884682 250492532 1358830 -17060175 485106590 480841124 133154406 129011661 351952184 351829463 X CLARKSON UNIVERSITY IS AN INDEPENDENT, NATIONALLY RECOGNIZED TECHNOLOGICAL UNIVERSITY WHOSE FACULTY OF TEACHER-SCHOLARS ASPIRES TO OFFER SUPERIOR INSTRUCTION AND ENGAGE IN HIGH-QUALITY RESEARCH AND SCHOLARSHIP IN ENGINEERING, BUSINESS, SCIENCE, HEALTH, EDUCATION, AND LIBERAL ARTS.OUR PRIMARY MISSION IS TO EDUCATE TALENTED AND MOTIVATED MEN AND WOMEN TO BECOME SUCCESSFUL PROFESSIONALS THROUGH QUALITY PRE-COLLEGIATE, UNDERGRADUATE, GRADUATE, AND PROFESSIONAL CONTINUING EDUCATIONAL PROGRAMS, WITH PARTICULAR EMPHASIS ON THE UNDERGRADUATE EXPERIENCE. OUR COMMUNITY AND CAMPUS SETTINGS ENHANCE THE QUALITY OF STUDENT LIFE AND AFFORD STUDENTS ACCESS TO, AND INTERACTION WITH, THEIR FACULTY. WE VALUE THE DIVERSITY OF OUR UNIVERSITY COMMUNITY, AND WE STRIVE TO ATTUNE OURSELVES AND OUR PROGRAMS TO OUR GLOBAL, PLURALISTIC SOCIETY. WE SHARE THE BELIEF THAT HUMANE AND ENVIRONMENTALLY SOUND ECONOMIC AND SOCIAL DEVELOPMENT DERIVE FROM THE EXPANSION, DIFFUSION, AND APPLICATION OF KNOWLEDGE. 0 0 221988712 110698511 167877492 SEE SCHEDULE O 10037166 577287 31876965 EXTRACURRICULAR PROGRAMS, GENERAL/OTHER AUXILIARY ENTERPRISES SUCH AS HOUSING, DINING, AND RECREATIONAL SERVICES FOR ITS STUDENTS (2,639 FTE STUDENTS). 360089 CONFERENCES & WORKSHOPS 232025878 1 1 0 1 0 0 0 0 1 1 1 1 0 0 1 1 0 1 1 0 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 553 0 1 2306 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 28 28 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X JEFFREY IVES 3152687258 8 CLARKSON AVENUE BOX 5540 POTSDAM NY 13699 ANTHONY BOUCHARD TRUSTEE 2.00 0.00 X 0 0 0 KATHRYN E CAMPBELL TRUSTEE 10.00 0.00 X 0 0 0 ROBERT A CAMPBELL TRUSTEE (THRU 10/2022) 10.00 0.00 X 0 0 0 SIMOON CANNON TRUSTEE 10.00 0.00 X 0 0 0 AMY CASTRONOVA TRUSTEE 2.00 0.00 X 0 0 0 LAURETTA M CHRYS TRUSTEE 10.00 0.00 X 0 0 0 BAYARD D CLARKSON JR TRUSTEE (THRU 10/2022) 10.00 0.00 X 0 0 0 BAYARD D CLARKSON SR TRUSTEE 2.00 0.00 X 0 0 0 KATHLEEN H CLINE TRUSTEE 2.00 0.00 X 0 0 0 CHARLES R CRAIG TRUSTEE 2.00 0.00 X 0 0 0 KAREL CZANDERNA TRUSTEE 2.00 0.00 X 0 0 0 PETER J DEVLIN TRUSTEE 2.00 0.00 X 0 0 0 ROBERT A DIFULGENTIZ TRUSTEE (THRU 10/2022) 2.00 0.00 X 0 0 0 CHRISTINA DUTCH TRUSTEE 4.00 0.00 X 0 0 0 DAVID K HEACOCK TRUSTEE 4.00 0.00 X 0 0 0 THOMAS L KASSOUF TRUSTEE 12.00 0.00 X 0 0 0 GEORGIA KERESTY TRUSTEE 10.00 0.00 X 0 0 0 SANJEEV R KULKARNI TRUSTEE 10.00 0.00 X 0 0 0 KENNETH S LALLY TRUSTEE 4.00 0.00 X 0 0 0 EARL R LEWIS TRUSTEE 10.00 0.00 X 0 0 0 MICHAEL MARESCA TRUSTEE 2.00 0.00 X 0 0 0 JOHN S MENGUCCI TRUSTEE 2.00 0.00 X 0 0 0 RAJAN RAGHAVAN TRUSTEE 2.00 0.00 X 0 0 0 NANCY D REYDA TRUSTEE (AS OF 10/2022) 3.00 0.00 X 0 0 0 CODY A ROSEN TRUSTEE (THRU 10/2022) 1.00 0.00 X 0 0 0 FRANK R SCHMELER TRUSTEE 2.00 0.00 X 0 0 0 JEAN E SPENCE TRUSTEE 2.00 0.00 X 0 0 0 W ASHLEY TWINING TRUSTEE 2.00 0.00 X 0 0 0 DAVID A WALSH TRUSTEE 2.00 0.00 X 0 0 0 DENNIS G WELLER TRUSTEE 3.00 0.00 X 0 0 0 JAMES F WOOD TRUSTEE 2.00 0.00 X 0 0 0 ROBERT R ZIEK JR TRUSTEE 10.00 0.00 X 0 0 0 MARC P CHRISTENSEN PRESIDENT (AS OF 07/2022) 50.00 1.00 X 370479 0 84993 KENNETH KLINE CHIEF FIN OFFICER (THRU 1/2023) 50.00 2.00 X 283017 0 58893 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 50.00 1.00 X 191041 0 50610 DARRYL SCRIVEN DEAN OF ARTS & SCI (THRU 12/2023) 40.00 0.00 X 315898 0 80210 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 40.00 0.00 X 320850 0 40892 AUGUSTINE LADO PROFESSOR, SR ADV TO THE PRESIDENT 40.00 0.00 X 312459 0 44916 LENNART JOHNS FOUNDING DEAN OF HEALTH SCIENCES 40.00 0.00 X 296897 0 28487 MATTHEW DRAPER VP FOR DEVELOPMENT & ALUMNI RELNS 40.00 0.00 X 242380 0 23266 DIEGO NOCETTI DEAN SCHOOL OF BUS (THRU 6/2023) 40.00 0.00 X 203410 0 51006 GOODARZ AHMADI INTERIM PROVOST 40.00 0.00 X 219705 0 33490 BRIAN GRANT VP FOR STUDENT AFFAIRS 40.00 0.00 X 194210 0 50867 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 40.00 0.00 X 211315 0 17289 JOSHUA FISKE VP FOR INFORMATION TECHNOLOGY 40.00 0.00 X 197122 0 19214 ROBYN HANNIGAN PROVOST (THRU 6/2022) 40.00 0.00 X 185354 0 13878 AMY MCGAHERAN VICE PRESIDENT FOR PEOPLE RESOURCES 40.00 0.00 X 172197 0 16892 ANTHONY COLLINS PROFESSOR AND FORMER PRESIDENT 40.00 0.00 X 1324278 0 41031 CASEY JONES HEAD MEN'S HOCKEY COACH 40.00 0.00 X 340369 0 100851 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 40.00 0.00 X 284787 0 60544 FARZAD MAHMOODI PROF & DIR OF SUPPLY CHAIN MGMT 40.00 0.00 X 268423 0 34811 CHARLES THORPE PROFESSOR OF COMPUTER SCIENCE 40.00 0.00 X 227402 0 46672 SHANNON ROBINSON ASSOC VICE PRO FOR RES & TECH TSF 40.00 0.00 X 114653 0 43742 6276246 0 942554 176 1 1 0 SODEXO OPERATIONS LLC PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICE 7813776 MURNANE BUILDING CONTRACTORS INC 104 SHARRON AVE PLATTSBURGH NY 12901 CONSTRUCTION 2489443 KELLY SERVICES INC 22 DEPOT STREET POTSDAM NY 13676 STAFFING SERVICE 1946795 JMZ ARCHITECTS AND PLANNERS PC 190 GLEN ST GLENS FALLS NY 12801 ARCHITECTURAL 1088794 NORTHERN TIER CONTRACTING INC 329 SCOTCH SETTLEMENT RD GOUVERNEUR NY 13642 CONSTRUCTION 1011810 28 13151947 18769491 1896493 31921438 TUITION & FEES 611310 165045912 165045912 AUXILIARY ENTERPRISES - ROOM 721000 20438310 20438310 AUXILIARY ENTERPRISES - BOARD 722320 11124198 11124198 CONFERENCE & WORKSHOPS 611310 360089 360089 AUXILIARY ENTERPRISES - OTHER 900099 314457 314457 197282966 2152939 -365496 2518435 73910483 1014897 75401606 1008977 -1491123 5920 -1485203 -1485203 ATHLETIC REVENUE 711210 528207 528207 SPACE RENTAL 532000 118771 118771 PROGRAM REGISTRATION FEES 611310 23546 23546 2889693 2689263 72541 127889 3560217 233432357 200114546 -292955 1689328 70000 70000 109533729 109533729 1672069 1672069 4809747 3211453 1598294 377775 377775 61159618 54824781 5011522 1323315 4177203 3600620 479592 96991 9739479 8395130 1118206 226143 4029103 3472962 462588 93553 362877 103577 259300 267960 267960 105272 105272 448387 448387 5053462 3332446 1663943 57073 1277419 1159480 40928 77011 3714542 3069218 645324 2573275 2333083 139608 100584 2751035 1796826 954209 10706394 10701663 -210243 214974 1444630 84724 1359906 FOOD SERVICE 8045447 7940767 103546 1134 SUPPLIES 4936314 4592647 340260 3407 EQUIPMENT RENTALS / EXT 1608052 1252296 354979 777 RESEARCH SUB-CONTRACTS 772577 772577 10856166 9174396 1654384 27386 250492532 232025878 16244306 2222348 27924506 35945969 11629549 9728810 9546250 12602228 295850 271693 1878562 1707796 403825140 193212397 213615681 210612743 76226812 77351474 136907478 125468741 5511172 4933307 1570730 2218363 485106590 480841124 5221724 3450194 3994277 4106195 79245681 76732803 1982421 1449431 1000000 916667 41710303 42356371 133154406 129011661 X 146777853 139676592 205174331 212152871 351952184 351829463 485106590 480841124 X -17060175 13477455 3459999 X 0 1 X 1 1 1 X 30549806 36359000 38721615 42338123 31921438 179889982 30549806 36359000 38721615 42338123 31921438 179889982 811150 179078832 862615 921573 944317 1470291 2518435 6717231 205868 205868 4132069 2773229 1248186 2140778 3487676 13781938 200595019 1004084328 0.89270 0.89700 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: PROGRAM REGISTRATION FEES: 2018 AMOUNT: $ 150,840 2019 AMOUNT: $ 64,480 2020 AMOUNT: $ 0 2021 AMOUNT: $0 2022 AMOUNT: $ 23,546 ATHLETIC REVENUE 2018 AMOUNT: $ 509,684 2019 AMOUNT: $ 452,894 2020 AMOUNT: $ 31,468 2021 AMOUNT: $467,713 2022 AMOUNT: $ 528,207 SPACE RENTAL 2018 AMOUNT: $ 204,153 2019 AMOUNT: $ 181,638 2020 AMOUNT: $ 158,930 2021 AMOUNT: $164,982 2022 AMOUNT: $ 118,771 OTHER REVENUE 2018 AMOUNT: $ 3,267,392 2019 AMOUNT: $ 2,074,217 2020 AMOUNT: $1,057,788 2021 AMONT: $1,508,083 2022 AMOUNT: $ 2,817,152 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 0 1 7472 0 1 97800 105272 0 PART II-B, LINE 1: THE UNIVERSITY, THROUGH THE ASSOCIATION OF GOVERNING BOARDS, CONTACTS THE BOARD OF TRUSTEES PERIODICALLY TO URGE THEM TO CONTACT THEIR LEGISLATORS REGARDING FUNDING SUPPORT ISSUES SUCH AS NEW YORK STATE (NYS) BUNDY AID AND THE NYS TUITION ASSISTANCE PROGRAM. ALUMNI ARE ALSO PERIODICALLY ENCOURAGED TO CONTACT THEIR STATE AND FEDERAL REPRESENTATIVES. THE PRESIDENT, CHIEF FINANCIAL OFFICER AND THE EXTERNAL RELATIONS OFFICE SIGN OFFICIAL COMMUNICATIONS INCLUDING LOBBYING APPEALS. THE OFFICE IS PRINCIPALLY RESPONSIBLE FOR MONITORING GOVERNMENT ACTION AT THE LOCAL, STATE AND FEDERAL LEVELS, REPORTING SIGNIFICANT ACTIONS WHICH IMPACT THE UNIVERSITY TO APPROPRIATE OFFICES, AND WHERE APPROPRIATE, TO LOBBYING LEGISLATIVE AND EXECUTIVE BODIES. THE VAST MAJORITY OF LOBBYING COMMUNICATIONS AND DIRECT CONTACT WITH LEGISLATORS OR LEGISLATIVE STAFF MEMBERS EMANATES FROM THIS OFFICE. THE UNIVERSITY CONVEYED ITS POSITION ON VARIOUS STATE AND FEDERAL ISSUES, AS WELL AS MISCELLANEOUS ECONOMIC DEVELOPMENT, ENERGY AND ENVIRONMENTAL ISSUES. 0 1 X 216602679 6734235 13046798 17532376 424117 218427219 240740822 2527172 -7427020 15922110 3316185 216602679 197482756 1835655 50336675 8190379 723885 240740822 201698464 3071906 2111912 8699952 699574 197482756 198326348 4249592 8251113 8424346 704243 201698464 0.21400 0.64500 0.14100 0 0 16000 20184080 20200080 327776574 152208488 175568086 49414609 41003909 8410700 6433877 6433877 210612743 2261815 F HEDGE FUNDS 22920410 F PRIVATE EQUITY 37401162 F VENTURE CAPITAL 23034199 F REAL ASSETS 8075795 F INTERNATIONAL EQUITY 31775360 F 125468741 FEDERAL & OTHER LOAN PROGRAMS 4397755 ASSET RETIREMENT OBLIGATION 6958232 POST-RETIREMENT BENEFIT 4138884 PRESENT VALUE OF ANNUITY PAYMENTS 4652445 LOAN PLEDGE LIABILITY 9857 BANK LINE OF CREDIT OUTSTANDING 19000000 RIGHT OF USE - OPERATING LEASE 1658383 MISCELLANEOUS 1540815 42356371 X 249307629 13477455 3401687 16879142 232428487 448387 555483 1003870 233432357 249430350 358142 358142 249072208 448387 971937 1420324 250492532 PART IV, LINE 2B: THE UNIVERSITY ASSISTS THE STUDENT ASSOCIATION BY PROVIDING CUSTODIAN SUPPORT FOR THEIR RECEIPTS AND DISBURSEMENTS. ALSO, THE UNIVERSITY IS THE FIDUCIARY OF A PERPETUITY TRUST. PART V, LINE 4: THE INTENDED USE OF THE UNIVERSITY'S ENDOWMENT FUND IS TO SUPPORT THE UNIVERSITY'S STUDENTS DIRECTLY THROUGH FINANCIAL AID AS WELL AS INDIRECTLY THROUGH SUPPORT OF OPERATION COSTS AND RESEARCH ENDEAVOURS. PART X, LINE 2: THE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE THE UNIVERSITY AND BEACON, WHICH ARE GENERALLY EXEMPT FROM INCOME TAX UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. WESTON IS A TAXABLE SUBSIDIARY OF THE UNIVERSITY. THE INCOME TAX ATTRIBUTABLE TO WESTON IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS BUT IS NOT MATERIAL. THE UNIVERSITY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY A TAXING AUTHORITY AND BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE 332,430. CHANGE TO POST RETIREMENT BENEFITS 3,069,257. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 241,183. CHANGE IN ANNUITY & LIFE INCOME FUNDS 400,058. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -120,636. RELATED ENTITY REVENUE 34,869. MISCELLANEOUS 9. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY EXPENSE 358,142. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST ON STUDENT LOANS 241,183. CHANGE IN ANNUITY & LIFE INCOME FUNDS 400,058. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 330,696. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY WITHIN ALL JOB ANNOUNCEMENTS AND PUBLICATIONS, AS WELL AS ALL OTHER PUBLIC ANNOUNCEMENTS AND PUBLICATIONS. THIS POLICY IS MADE AVAILABLE YEAR-ROUND ON THE UNIVERSITY'S HOMEPAGE AT WWW.CLARKSON.EDU. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FEDERAL, STATE AND LOCAL FUNDS FOR STUDENT FINANCIAL ASSISTANCE AND FOR RESEARCH AND DEVELOPMENT AWARDS. 1 CENTRAL AMERICA/CARIBBEAN INVESTMENTS 41117492 EUROPE INVESTMENTS 1708031 EUROPE GRANTMAKING 791272 EAST ASIA AND THE PACIFIC GRANTMAKING 466398 EUROPE PROGRAM SERVICES GLOBAL BUSINESS PROGRAM 312892 EAST ASIA AND THE PACIFIC PROGRAM SERVICES GLOBAL BUSINESS PROGRAM 253667 NORTH AMERICA (INCLUSINDG CANADA) PROGRAM SERVICES GLOBAL BUSINESS PROGRAM 29197 NORTH AMERICA (INCLUSINDG CANADA) PROGRAM SERVICES RESEARCH 384508 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RESEARCH 384508 EUROPE PROGRAM SERVICES RESEARCH 104006 0 0 0 0 0 0 45063457 488514 45551971 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 25 791272 CREDIT ON ACCOUNT 0 EDUCATION EAST ASIA AND THE PACIFIC 9 466398 CREDIT ON ACCOUNT 0 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 67 157835 CREDIT CARD 0 EDUCATION EUROPE (INCLUDING ICELAND AND GREENLAND) 20 44266 WIRE TRANSFER 0 EDUCATION EAST ASIA AND THE PACIFIC 47 153768 CREDIT CARD 0 EDUCATION EAST ASIA AND THE PACIFIC 14 45440 WIRE TRANSFER 0 EDUCATION EAST ASIA AND THE PACIFIC 1 13090 WIRE TRANSFER 0 1 0 1 1 1 1 PART I, LINE 2: THE UNIVERSITY MONITORS THE USE OF GRANT FUNDS FOR RESEARCH SUB-AWARDS OUTSIDE THE UNITED STATES BY REQUIRING TECHNICAL REPORTS WHICH ARE REVIEWED AND APPROVED BY THE UNIVERSITY BEFORE SUBMITTING PAYMENT. WE ALSO HAVE A COMPREHENSIVE MONITORING PROCESS BY WHICH ALL SUB-RECIPIENTS ARE EVALUATED PRIOR TO OBTAINING AN AWARD. RESEARCH EXPENDITURES FOR THIS PROGRAM ARE FOR UNDERGRADUATES, THESE ARE PRE-APPROVED BY THE FUNDING AGENCY AND TECHNICAL REPORTS ARE SUBMITTED UPON COMPLETION OF TRIP FOR REVIEW AND APPROVAL. ALL UNIVERSITY EXPENDITURE GUIDELINES ARE FOLLOWED BEFORE PAYMENTS ARE DISBURSED FOR PROGRAM EXPENDITURES. GRANT FUNDS ARE VERIFIED IN THE STUDENT FINANCIAL AID PROCESS ACCORDING TO UNIVERSITY PROCEDURES AND DISTRIBUTED AS CREDITS TO STUDENT RECEIVABLE ACCOUNTS AT THE UNIVERSITY. PART I, LINE 3: THE UNIVERSITY UTILIZES THE ACCRUAL METHOD OF ACCOUNTING. PART III ACCOUNTING METHOD: 1 VILLAGE OF POTSDAM PO BOX 5168 POTSDAM NY 13676 156001369 LOCAL GOVT 34000 0 DONATION TOWN OF POTSDAM 35 MARKET STREET POTSDAM NY 13676 156001107 LOCAL GOVT 6000 0 DONATION POTSDAM VOLUNTEER FIRE DEPT ELM STREET POTSDAM NY 13676 166051465 LOCAL GOVT 30000 0 DONATION 3 0 SUMMER AWARDS 2 2296 CLARKSON HONARARIES 50 1654427 CLARKSON VETERAN SCHOLARSHIP 1 3670 ENDOWED/ SPONSORED/ GOVERNMENT 1124 3147242 GRADUATE ASSISTANT 22 616599 GRANT IN AID 53 2539919 TRANSFER SCHOLARSHIPS 2 2786 GRADUATE SCHOLARSHIPS 595 3920987 PARTIAL TUITION 254 1354449 RESEARCH ASSISTANT - TUITION REMISSION 325 4221196 RESIDENT ADVISORS - ALLOWANCE 58 646457 ROOM, BOARD AND MAINTENANCE 55 319697 SUPPLEMENTAL FINANCIAL AID SUMMER 30 91257 SUPPLEMENTARY TRUSTEE SCHOLARSHIP 58 2821740 TEACHING ASSISTANT SCHOLARSHIP 130 3004533 TRUSTEE SCHOLARSHIP 2531 85186474 PART I, LINE 2: THE UNIVERSITY PROVIDES FUNDING TO FACULTY AND STUDENTS FOR SCHOLARSHIPS, RESEARCH AND OTHER PROJECTS. EXPENSES MUST BE SUBSTANTIATED UNDER THE ACCOUNTABILITY PLAN TO ENSURE PROPER USE OF FUNDS. STUDENTS MUST MEET THE REQUIREMENTS SPECIFIED IN THE RESPECTIVE AWARD PROGRAM IN ORDER TO RECEIVE THE AWARD. THE REQUIREMENTS INCLUDE CRITERIA SUCH AS FINANCIAL NEED, OBTAINING/MAINTAINING THE REQUIRED GRADE POINT AVERAGE AND STUDYING IN A CERTAIN ECONOMIC DISCIPLINE, ETC. IF THE SCHOLARSHIP IS ONGOING, THE STUDENT MUST CONTINUE TO MEET THE SCHOLARSHIP REQUIREMENTS IN ORDER TO BE AWARDED A SCHOLARSHIP IN SUBSEQUENT YEARS. FINANCIAL NEED, GRADE POINT AVERAGES AND OTHER SCHOLARSHIP CRITERIA ARE CONTINUALLY MONITORED TO DETERMINE WHETHER THE STUDENT MEETS THE CRITERIA. X X X 1 1 X X X X X X 0 0 0 0 0 0 0 1 0 ANTHONY COLLINS PROFESSOR AND FORMER PRESIDENT 408161 0 914945 0 1172 0 29280 0 11751 0 1365309 0 0 0 MARC P CHRISTENSEN PRESIDENT (AS OF 07/2022) 320452 0 0 0 50027 0 29280 0 55713 0 455472 0 0 0 CASEY JONES HEAD MEN'S HOCKEY COACH 334770 0 0 0 5599 0 29280 0 71571 0 441220 0 0 0 DARRYL SCRIVEN DEAN OF ARTS & SCI (THRU 12/2023) 315863 0 0 0 35 0 29920 0 50290 0 396108 0 0 0 WILLIAM JEMISON DEAN OF SCHOOL OF ENGINEERING 320749 0 0 0 101 0 29280 0 11612 0 361742 0 0 0 AUGUSTINE LADO PROFESSOR, SR ADV TO THE PRESIDENT 311304 0 0 0 1155 0 28978 0 15938 0 357375 0 0 0 MATTHEW DESROSIERS HEAD WOMEN'S HOCKEY COACH 282251 0 0 0 2536 0 27549 0 32995 0 345331 0 0 0 KENNETH KLINE CHIEF FIN OFFICER (THRU 1/2023) 267965 0 0 0 15052 0 26260 0 32633 0 341910 0 0 0 LENNART JOHNS FOUNDING DEAN OF HEALTH SCIENCES 296742 0 0 0 155 0 28487 0 0 0 325384 0 0 0 FARZAD MAHMOODI PROF & DIR OF SUPPLY CHAIN MGMT 268268 0 0 0 155 0 21435 0 13376 0 303234 0 0 0 CHARLES THORPE PROFESSOR OF COMPUTER SCIENCE 226403 0 0 0 999 0 22261 0 24411 0 274074 0 0 0 MATTHEW DRAPER VP FOR DEVELOPMENT & ALUMNI RELNS 242356 0 0 0 24 0 23266 0 0 0 265646 0 0 0 DIEGO NOCETTI DEAN SCHOOL OF BUS (THRU 6/2023) 203375 0 0 0 35 0 20182 0 30824 0 254416 0 0 0 GOODARZ AHMADI INTERIM PROVOST 217420 0 0 0 2285 0 21100 0 12390 0 253195 0 0 0 BRIAN GRANT VP FOR STUDENT AFFAIRS 194109 0 0 0 101 0 19350 0 31517 0 245077 0 0 0 KELLY CHEZUM VP FOR EXTERNAL RELATIONS 190940 0 0 0 101 0 19050 0 31560 0 241651 0 0 0 MICHELLE CRIMI DEAN OF THE GRADUATE SCHOOL 211280 0 0 0 35 0 17289 0 0 0 228604 0 0 0 JOSHUA FISKE VP FOR INFORMATION TECHNOLOGY 197098 0 0 0 24 0 18947 0 267 0 216336 0 0 0 ROBYN HANNIGAN PROVOST (THRU 6/2022) 144565 0 0 0 40789 0 13878 0 0 0 199232 0 0 0 AMY MCGAHERAN VICE PRESIDENT FOR PEOPLE RESOURCES 172162 0 0 0 35 0 16078 0 814 0 189089 0 0 0 SHANNON ROBINSON ASSOC VICE PRO FOR RES & TECH TSF 99269 0 0 0 15384 0 9587 0 34155 0 158395 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS AND GROSS UP PAYMENTS WERE PROVIDED TO AN OFFICER OF THE UNIVERSITY. THESE BENEFITS WERE PROVIDED AS TAXABLE COMPENSATION. THE NON-TAXABLE BENEFIT IS INCLUDED IN PART II, COLUMN D. A PERSONAL RESIDENCE WAS PROVIDED TO THE PRESIDENT AS A MANDATORY CONDITION OF EMPLOYMENT AND WAS NOT TAXABLE BASED ON SECTION 119 OF IRC. PART I, LINE 7 PERFORMANCE AWARDS THE EXECUTIVE COMMITTEE MAY, AT ITS DISCRETION, AWARD THE PRESIDENT A PERFORMANCE AWARD EACH YEAR IN CONNECTION WITH AN EVALUATION OF HIS PERFORMANCE. THE EVALUATION IS BASED ON HIS ACCOMPLISHMENTS AGAINST GOALS AND OBJECTIVES DURING THE YEAR. THE PRESIDENT MAY, AT HIS DISCRETION, AWARD EMPLOYEES WITH A PERFORMANCE AWARD. THE EVALUATION IS BASED UPON THEIR ACCOMPLISHMENTS AGAINST GOALS AND OBJECTIVES DURING THE YEAR. THE VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS WAS GIVEN THIS AWARD BASED ON HIS PERFORMANCE. THE AMOUNT REPORTED IN COLUMN B(II) FOR FORMER PRESIDENT COLLINS INCLUDES BOTH A NONFIXED PERFORMANCE AWARD AND A FIXED BONUS RECEIVED UPON HIS RETIREMENT FROM THE PRESIDENCY. A ST LAWRENCE COUNTY IDA CDC SERIES 2012B 272614310 791078AL2 2012-05-21 3070770 DORMITORY RENOVATIONS 1 1 1 B CITY OF SHENECTADY IND DEV AGENCY SERIES 2008A 141699509 806476BY2 2008-01-30 5660000 GRADUATE CENTER CONSTRUCTION 1 1 1 C ST LAWRENCE COUNTY IDA SERIES 2017 272614310 791078CK2 2017-04-27 33802512 RFD 03&07 ISSUES & BLDG IMPR 1 1 1 D ST LAWRENCE COUNTY IDA CDC SERIES 2021A 272614310 791078CY2 2021-06-24 14053351 REFUND 2011 BONDS 1 1 1 A 3070770 57033 3013737 2013 1 0 1 1 B 1885000 5660000 102500 76890 5480610 2009 0 0 1 1 C 3745000 33802512 360445 11053848 22388219 2020 1 0 1 1 D 14053351 198221 13855130 2011 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 1 1 1 1 0.03010 0.03010 0 0 1 D 0 0 0 1 1 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 1 0 1 0 0 0 0 C 0 0 0 1 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ST. LAWRENCE COUNTY IDA SERIES 2017 DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2022 SCHEDULE K, PART II, LINE 11 05/21/2012 19,060,719 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - $10,851,657 WAS USED TO REFUND THE 2009 MORTGAGE. SCHEDULE K, PART IV, LINE 2B 05/21/2012 3,070,770 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2B 01/30/2008 5,660,000 CITY OF SCHENECTADY INDUSTRIAL DEV AGENCY SERIES 2 - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2 04/27/2017 33,802,512 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2022 SCHEDULE K, PART IV, LINE 2B 06/24/2021 - 14,053,351 SLCIDA SERIES 2021A - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART IV, LINE 2B 12/02/2021 - 18,884,653 SLCIDA SERIES 2021B - THE TWO YEAR SPENDING EXCEPTION WAS SATISFIED. SCHEDULE K, PART II, LINE 11 04/27/2017 33,802,512 ST LAWRENCE COUNTY INDUSTRIAL DEV AGENCY SERIES 2 - $21,147,000 AND $1,241,219 WAS USED IN REFUNDING OF 2007 AND 2003 ISSUES. SCHEDULE K, PART II, LINE 11 6/24/2021 - 14,053,351 SLCIDA SERIES 2021A - $14,053,351 WAS USED TO REFUND SERIES 2011 BONDS. SCHEDULE K, PART II, LINE 11 12/02/2021 - 18,884,653 SLCIDA SERIES 2021B - $18,160,000 WAS USED TO REFUND SERIES 2012A BONDS. A STLAWRENCE COUNTY IDA CDC SERIES 2021B 272614310 791078OMT 2021-12-02 18884653 REFUND 2012A BONDS 1 1 1 A 18884653 256015 18628638 2012 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 CHRISTOPHER MARTIN SPOUSE OF KEY EMPLOYEE 48193 SALARY 0 LUCIANA ECHAZU SPOUSE OF KEY EMPLOYEE 101211 SALARY 0 X 39 1894993 AVG DATE OF CONTRIB X MISCELLANEOUS 3 1500 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE UNIVERSITY USES A BROKER TO CONVERT GIFTS OF SECURITIES TO CASH. FORM 990, PART III, LINE 4A HIGHER EDUCATION: PROVIDE INSTRUCTION, RESEARCH, PUBLIC SERVICE, CAMPUS SUPPORT, ETC., FOR UNDERGRADUATE AND GRADUATE STUDENTS (3,498 FTE STUDENTS). U.S. NEWS AND WORLD REPORTS 2023 RANKINGS OF 'BEST COLLEGES' AGAIN PLACED CLARKSON IN TIER ONE, THE TOP TIER OF NATIONAL UNIVERSITIES. U.S. NEWS ALSO RANKED CLARKSON'S SUPPLY CHAIN MANAGEMENT PROGRAM IN THE TOP 25 IN THE NATION. CLARKSON WAS NAMED ONE OF THE NATION'S BEST INSTITUTIONS FOR UNDERGRADUATES BY THE PRINCETON REVIEW. THE COMPANY PROFILES AND RECOMMENDS CLARKSON IN THE 2023 EDITION OF ITS ANNUAL COLLEGE GUIDE. ONLY 14% OF AMERICA'S 2,700 FOUR-YEAR COLLEGES ARE PROFILED IN THE BOOK, WHICH IS ONE OF THE PRINCETON REVIEW'S MOST POPULAR PUBLICATIONS. THE PRINCETON REVIEW ALSO NAMED CLARKSON AS ONE OF ITS BEST VALUE COLLEGES FOR 2023, BEST FOR STUDENTS SEEKING A GREAT EDUCATION WITH EXCELLENT CAREER PREPARATION AND A RELATIVELY AFFORDABLE PRICE. CLARKSON'S LEWIS SCHOOL OF HEALTH SCIENCES WAS NAMED THE 2022 OUTSTANDING RURAL HEALTH PROGRAM BY THE NEW YORK STATE ASSOCIATION OF RURAL HEALTH (NYSARH). FORM 990, PART VI, SECTION A, LINE 2 BAYARD D CLARKSON SR. AND BAYARD D CLARKSON JR. ARE BOTH CURRENT TRUSTEES AND HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING PROCESS WAS OBSERVED BY THE UNIVERSITY REGARDING THE IRS FORM 990: THE RETURN WAS PREPARED BY MANAGEMENT WITH A REVIEW PERFORMED BY A QUALIFYING TAX CONSULTANT; A DRAFT WAS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW; A COPY OF THE FINAL RETURN WAS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE ELECTRONICALLY FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE AND ADDRESSED IN GOVERNANCE MEETINGS AS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY'S TOP MANAGEMENT OFFICIAL IS THE PRESIDENT, THE CHIEF FINANCIAL OFFICER IS THE TREASURER OF THE CORPORATION, THE VICE PRESIDENT FOR EXTERNAL RELATIONS IS THE ASSISTANT SECRETARY TO THE BOARD OF TRUSTEES AND THE KEY EMPLOYEES ARE AS FOLLOWS: PROVOST, DEAN OF THE SCHOOL OF BUSINESS, DEAN OF THE SCHOOL OF ENGINEERING, VICE PRESIDENT FOR DEVELOPMENT AND ALUMNI RELATIONS, DEAN OF THE GRADUATE SCHOOL, VICE PRESIDENT OF ENROLLMENT MANAGEMENT & STUDENT ADVANCEMENT, VICE PRESIDENT FOR INFORMATION TECHNOLOGY, AND VICE PRESIDENT FOR PEOPLE RESOURCES. THE ABOVE POSITIONS' COMPENSATION PACKAGES ARE REVIEWED BY THE COMPENSATION SUBCOMMITTEE OF THE BOARD OF TRUSTEES' PEOPLE PRIORITIES COMMITTEE. THE SUBCOMMITTEE CONDUCTS A COMPREHENSIVE REVIEW USING DATA FROM A MULTIPLE SOURCES (MOST NOTABLY, DATA FROM INDEPENDENT COMPENSATION CONSULTANTS, THE ASSOCIATION OF INDEPENDENT TECHNOLOGICAL UNIVERSITIES AND THE COLLEGE & UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES) FOR COMPARABLE UNIVERSITIES. THE SUBCOMMITTEE ALSO SOLICITS INPUT FROM THE EXECUTIVE COMMITTEE OF THE FULL BOARD AS TO THE PERFORMANCE OF THE PRESIDENT, AND CONSIDERS THIS FEEDBACK IN ITS DELIBERATIONS. THE SUBCOMMITTEE (1) MAKES COMPENSATION RECOMMENDATIONS FOR THE PRESIDENT, (2) AFFIRMS COMPENSATION ACTIONS FOR THE OTHER POSITIONS LISTED ABOVE AS DETERMINED BY THE PRESIDENT, AND (3) CONVEYS THIS INFORMATION TO THE EXECUTIVE COMMITTEE, WHICH MAKES THE FINAL DETERMINATIONS AND DOCUMENTS ITS DECISIONS IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THIS PROCESS IS PERFORMED ANNUALLY. THE UNIVERSITY BELIEVES ITS PROCEDURES REGARDING EXECUTIVE COMPENSATION MEET THE REBUTTABLE PRESUMPTION REQUIREMENTS DESCRIBED IN REGULATION SECTION 53.4958-6(C). FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY POSTS ITS CONFLICT OF INTEREST POLICY ON ITS WEBSITE IN THE OPERATIONS MANUAL FOUND UNDER THE HUMAN RESOURCES LINK. THE CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE, WHILE THE IRS FORM 990, FORM 990T, AND GOVERNANCE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RELATED ENTITY REVENUE -60,608. POST-RETIREMENT ADJUSTMENT 3,069,257. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 451,350. BEACON INSTITUTE FOR RIVERS & ESTUARIES 199 MAIN STREET BEACON NY 12508 141883215 ENVIRONMTL ED NY 501(C)(3) LINE 7 N/A 1 JR WESTON INC PO BOX 333 POTSDAM NY 13699 150490300 HOTEL NY N/A C 506090 2316191 1.00000 1 CHARITABLE REMAINDER TRUSTS NY (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NY N/A T 0 CHARITABLE REMAINDER TRUSTS SC (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR SC N/A T 0 CHARITABLE REMAINDER TRUSTS AZ (2) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR AZ N/A T 0 CHARITABLE REMAINDER TRUSTS FL (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR FL N/A T 0 CHARITABLE REMAINDER TRUSTS NJ (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR NJ N/A T 0 CHARITABLE REMAINDER TRUSTS MA (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR MA N/A T 0 CHARITABLE REMAINDER TRUSTS ME (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR ME N/A T 0 CHARITABLE REMAINDER TRUSTS CA (1) 8 CLARKSON AVENUE BOX 5546 POTSDAM NY 13699 CHARITABLE TR CA N/A T 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 JR WESTON INC P 243660 FMV JR WESTON INC Q 65251 FMV