Civic Intelligence

Cortland College Alumni Association Inc

EIN 15-0508031 • 501(c)3 • Cortland, NY

Profile

The mission of the cortland college alumni association is to represent and serve its alumni by cultivating and fostering positive and lasting relationships between the alumni and the college community. The alumni association shall strive to link the past, present and future.

PO Box 2000Cortland, NY 13045

reddragonnetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.17x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$399,741

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 59.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

46th percentile

5.1%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$5,502,627

Up $569,413 (+12%) from 2024

Liabilities

Up

$113,227

Up $13,934 (+14%) from 2024

Net Assets

Up

$5,389,400

Up $555,479 (+11%) from 2024

Operations
Liabilities / Revenue52nd percentileNet Margin75th percentile

Revenue

Up

$667,127

Up $32,451 (+5.1%) from 2024

Expenses

Down

$517,050

Down $17,490 (-3.3%) from 2024

Net Income

Up

$150,077

Up $49,941 (+50%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $761,549Liabilities 2011: $19,317Net Assets 2011: $742,2322011Assets 2012: $819,335Liabilities 2012: $23,804Net Assets 2012: $795,5312012Assets 2013: $984,427Liabilities 2013: $47,142Net Assets 2013: $937,2852013Assets 2014: $1,007,314Liabilities 2014: $75,809Net Assets 2014: $931,5052014Assets 2015: $1,018,453Liabilities 2015: $64,867Net Assets 2015: $953,5862015Assets 2016: $954,540Liabilities 2016: $29,455Net Assets 2016: $925,0852016Assets 2017: $3,229,627Liabilities 2017: $75,055Net Assets 2017: $3,154,5722017Assets 2018: $3,339,434Liabilities 2018: $39,337Net Assets 2018: $3,300,0972018Assets 2019: $3,464,839Liabilities 2019: $47,193Net Assets 2019: $3,417,6462019Assets 2020: $3,487,423Liabilities 2020: $138,434Net Assets 2020: $3,348,9892020Assets 2021: $3,972,278Liabilities 2021: $43,000Net Assets 2021: $3,929,2782021Assets 2022: $4,109,093Liabilities 2022: $108,057Net Assets 2022: $4,001,0362022Assets 2023: $4,475,484Liabilities 2023: $76,942Net Assets 2023: $4,398,5422023Assets 2024: $4,933,214Liabilities 2024: $99,293Net Assets 2024: $4,833,9212024Assets 2025: $5,502,627Liabilities 2025: $113,227Net Assets 2025: $5,389,4002025

Highlighted filing

2025

Assets$5,502,627
Liabilities$113,227
Net Assets$5,389,400
Open 2025 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $477,673Expenses 2011: $550,292Net Income 2011: -$72,6192011Revenue 2012: $585,508Expenses 2012: $531,748Net Income 2012: $53,7602012Revenue 2013: $621,630Expenses 2013: $505,359Net Income 2013: $116,2712013Revenue 2014: $600,016Expenses 2014: $626,378Net Income 2014: -$26,3622014Revenue 2015: $668,223Expenses 2015: $641,588Net Income 2015: $26,6352015Revenue 2016: $558,749Expenses 2016: $581,732Net Income 2016: -$22,9832016Revenue 2017: $787,865Expenses 2017: $678,702Net Income 2017: $109,1632017Revenue 2018: $741,439Expenses 2018: $590,861Net Income 2018: $150,5782018Revenue 2019: $659,145Expenses 2019: $585,075Net Income 2019: $74,0702019Revenue 2020: $581,599Expenses 2020: $569,490Net Income 2020: $12,1092020Revenue 2021: $583,781Expenses 2021: $404,475Net Income 2021: $179,3062021Revenue 2022: $587,777Expenses 2022: $442,738Net Income 2022: $145,0392022Revenue 2023: $603,370Expenses 2023: $630,968Net Income 2023: -$27,5982023Revenue 2024: $634,676Expenses 2024: $534,540Net Income 2024: $100,1362024Revenue 2025: $667,127Expenses 2025: $517,050Net Income 2025: $150,0772025

Highlighted filing

2025

Revenue$667,127
Expenses$517,050
Net Income$150,077
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,502,627
Liabilities
$113,227
Net assets
$5,389,400
Revenue
$667,127
Expenses
$517,050
Net income
$150,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.50$0.11$5.39$0.67$0.52$0.15
2024Detailed filing. Detailed filing data is available for this year.$4.93$0.10$4.83$0.63$0.53$0.10
2023Detailed filing. Detailed filing data is available for this year.$4.48$0.08$4.40$0.60$0.63$0.03
2022Detailed filing. Detailed filing data is available for this year.$4.11$0.11$4.00$0.59$0.44$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.97$0.04$3.93$0.58$0.40$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.49$0.14$3.35$0.58$0.57$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.46$0.05$3.42$0.66$0.59$0.07
2018Detailed filing. Detailed filing data is available for this year.$3.34$0.04$3.30$0.74$0.59$0.15
2017Detailed filing. Detailed filing data is available for this year.$3.23$0.08$3.15$0.79$0.68$0.11
2016Summary only. Only limited summary data is available for this year.$0.95$0.03$0.93$0.56$0.58$0.02
2015Summary only. Only limited summary data is available for this year.$1.02$0.06$0.95$0.67$0.64$0.03
2014Summary only. Only limited summary data is available for this year.$1.01$0.08$0.93$0.60$0.63$0.03
2013Summary only. Only limited summary data is available for this year.$0.98$0.05$0.94$0.62$0.51$0.12
2012Summary only. Only limited summary data is available for this year.$0.82$0.02$0.80$0.59$0.53$0.05
2011Summary only. Only limited summary data is available for this year.$0.76$0.02$0.74$0.48$0.55$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 3, 2026
Return Version
2024v5.5
Gross Receipts
$667,127
Mission and Program Overview

Mission

The mission of the cortland college alumni association is to represent and serve its alumni by cultivating and fostering positive and lasting relationships between the alumni and the college community. The alumni association shall strive to link the past, present and future.

Administration, faculty, students, and alumni by fostering scholarships; acting as a clearing house for alumni sentiment; and fostering cooperation with local alumni chapters of the suny college at cortland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,230,612$3,617,481▲ $386,869
Land, Buildings, and Equipment, Net$800,423$773,893▼ $26,530
Cash and Non-Interest-Bearing Accounts$528,712$653,490▲ $124,778
Savings and Temporary Cash Investments$253,375$317,666▲ $64,291
Investments in Publicly Traded Securities$117,677$136,210▲ $18,533
Prepaid Expenses and Deferred Charges$2,415$3,887▲ $1,472
Total Assets$4,933,214$5,502,627▲ $569,413
Liabilities
Accounts Payable and Accrued Expenses$60,067$81,131▲ $21,064
Deferred Revenue$32,380$26,995▼ $5,385
Other Liabilities$6,846$5,101▼ $1,745
Total Liabilities$99,293$113,227▲ $13,934
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,390,414$3,810,158▲ $419,744
Net Assets Without Donor Restrictions$1,443,507$1,579,242▲ $135,735
Total Net Assets Fund Balance$4,833,921$5,389,400▲ $555,479
Total Liabilities and Net Assets / Fund Balance$4,933,214$5,502,627▲ $569,413

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$728,249$805,113$1,533,362
Other Land Buildings$38,612$189,338$227,950
Equipment$7,032$123,591$130,623
Other Securities$3,617,481--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,390,414-▲ $419,744-$3,810,158
2023$3,049,413-▲ $341,001-$3,390,414
2022$2,620,850-▲ $428,563-$3,049,413
2021$2,681,713-▼ $60,863-$2,620,850
2020$2,275,935-▲ $405,778-$2,681,713
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleOtherTotal
Matthew CaseyStudent Representative$155$155

Board Members and Trustees

NameTitle
Flossie Bell LomaxPresident
Marilyn Stevens CarterVice President
Carl GambittaDirector
Colleen Fitzpatrick NaporaDirector
Donte HewlettDirector
James LongiDirector
Jenna Planet AronoffDirector
Jennifer VillanyDirector
Joseph EppolitoDirector
Katie Mckenna BrophyDirector
Kevin ArnoldDirector
Kimberly AllenDirector
L Jamie McgroryDirector
Marion Wood TunneyDirector
Mark GoracyDirector
Mark PerlmanDirector
Morris WeinbergerDirector
Nancy Niskin SorbellaDirector
Robert RussellDirector
Therno DialloDirector
Timothy BennettDirector
Tori Mazzei StepanovDirector
Erin BoylanExecutive Director
Ronnie GeneeChief Diversity Officer
William BaerthleinCortland College Fdn Representative
Erik J BitterbaumEx-officio
Richard CoyneEx-officio
Peter KachrisSecretary
John SilsbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$543,412
Investment Income
$14,342
Other Revenue
$109,373
Change in Net Assets
$150,077

Audited Revenue Reconciliation

Revenue per Audited Statements
$667,127
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$718,813
Total Revenue per Audited Statements
$1,385,940
Total Revenue per Form 990
$667,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$517,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$53,395--$53,395
Fees for Services Other$5,321$44,579-$49,900
Occupancy$34,390--$34,390
Travel-$34,132-$34,132
Insurance$19,757--$19,757
Conferences and Meetings-$8,256-$8,256
Fees for Services Accounting-$7,750-$7,750
All Other Expenses$7,462--$7,462
Other Expenses$15,578$7,023-$7,023
Office Expenses$1,306$4,068-$5,374
Total Functional Expenses$243,121$273,929$0$517,050

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,217,330
Expenses Not Reported on Form 990$700,280
Expenses per Audited Statements$517,050
Total Expenses per Form 990$517,050
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$5,101
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“All current and past students of suny cortland college are members of the organization.”

Form 990, Part VI, Section B, Line 11B

“Copies of form 990 are distributed to board members prior to filing for formal board review.”

Form 990, Part VI, Section B, Line 12C

“All members of the board of trustees are required to complete and sign conflict of interest statements annually.”

Form 990, Part VI, Section C, Line 19

“Information is available upon request. The public needs to contact the alumni office and make an appointment to come in and review the records that are available to the public.”

Filing and Contact Details

Filer

Filer Name
Cortland College Alumni Association Inc
EIN
15-0508031
Phone
6077532513
Address
PO BOX 2000, CORTLAND, NY 13045

Signing Officer

Name
Erin Boylan
Title
Executive Director
Phone
6077532513
Signed
2026-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erin Boylan
Formed
1968
Legal Domicile
Ny
Voting Board Members
28
Independent Board Members
25
Employees
0
Volunteers
28

Preparer

Firm
Fustcharles Llp
Address
220 S WARREN STREET, SYRACUSE, NY 13202
Preparer
Thomas J Giufre
Phone
3154463600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Repairs and maintenance: program service expenses 5,793. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,793. Miscellaneous: program service expenses 1,669. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,669.”

FORM 990, PART XI, LINE 9:

“Change in beneficial interest in net assets of the foundation 386,869.”

Part XII, Line 2C

“No changes from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The endowment consists of restricted funds that have been established by contributions from donors to be maintained in perpetuity to provide funds for student scholarships as well as principal contributions received from donors held in the beneficial interest in the net assets of the foundation. As required by gaap, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions.”

PART X, LINE 2:

“The association is exempt from federal income taxes as an organization qualified under section 501(c)(3) of the internal revenue code. The association has also been classified by the internal revenue code. As of june 30, 2025 and 2024, the association did not have any unrecognized tax benefits or any related accrued interest or penalties. It is the association's policy to recognize any interest and penalties as expenses. The tax years open to examination by federal and new york state taxing authorities are 2022 through 2025.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0ADMINISTRATION, FACULTY, STUDENTS, AND ALUMNI BY FOSTERING SCHOLARSHIPS; ACTING AS A CLEARING HOUSE FOR ALUMNI SENTIMENT; AND FOSTERING COOPERATION WITH LOCAL ALUMNI CHAPTERS OF THE SUNY COLLEGE AT CORTLAND.
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IRS990/Form990PartVIISectionAGrp/PersonNm18JAMES LONGI
IRS990/Form990PartVIISectionAGrp/PersonNm19L JAMIE MCGRORY
IRS990/Form990PartVIISectionAGrp/PersonNm20COLLEEN FITZPATRICK NAPORA
IRS990/Form990PartVIISectionAGrp/PersonNm21MARK PERLMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHIEF DIVERSITY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt12EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28CORTLAND COLLEGE FDN REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt29EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE MISSION OF THE CORTLAND COLLEGE ALUMNI ASSOCIATION IS TO REPRESENT AND SERVE ITS ALUMNI BY CULTIVATING AND FOSTERING POSITIVE AND LASTING RELATIONSHIPS BETWEEN THE ALUMNI AND THE COLLEGE COMMUNITY. THE ALUMNI ASSOCIATION SHALL STRIVE TO LINK THE PAST, PRESENT AND FUTURE.
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