Civic Intelligence

Upstate Properties Development Inc.

990 • Fiscal year 2015 • EIN 26-2980594

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 03, 2015

Organization ProfileN/A
750 East Adams StreetSyracuse, NY 13210

(315) 464-4501

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.95x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

7.10x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

10th percentile

$0

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • NTEE B • $25M-$50M nonprofits • Source year 2015

Asset Growth

34th percentile

-0.5%

Faster asset growth than 34% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

57%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • NTEE B • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$34,189,696

Down $188,833 (-0.5%) from 2014

Net Assets

Up

$1,624,624

Up $1,605,654 (+8464%) from 2014

Liabilities

Down

$32,565,072

Down $1,794,487 (-5.2%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin86th percentile

Revenue

Up

$4,584,231

Up $1,668,849 (+57%) from 2014

Expenses

Down

$2,978,577

Down $101,914 (-3.3%) from 2014

Net Income

Up

$1,605,654

Up $1,770,763 (+1072%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $565,724Liabilities 2010: $0Net Assets 2010: $565,7242010Assets 2011: $37,570,001Liabilities 2011: $37,110,716Net Assets 2011: $459,2852011Assets 2013: $35,149,602Liabilities 2013: $34,982,675Net Assets 2013: $166,9272013Assets 2014: $34,378,529Liabilities 2014: $34,359,559Net Assets 2014: $18,9702014Assets 2015: $34,189,696Liabilities 2015: $32,565,072Net Assets 2015: $1,624,6242015Assets 2016: $33,822,032Liabilities 2016: $32,049,872Net Assets 2016: $1,772,1602016Assets 2017: $32,646,008Liabilities 2017: $30,798,297Net Assets 2017: $1,847,7112017Assets 2018: $34,555,442Liabilities 2018: $30,155,926Net Assets 2018: $4,399,5162018Assets 2019: $33,225,259Liabilities 2019: $29,551,476Net Assets 2019: $3,673,7832019Assets 2020: $32,805,121Liabilities 2020: $28,930,655Net Assets 2020: $3,874,4662020Assets 2021: $34,560,306Liabilities 2021: $30,263,179Net Assets 2021: $4,297,1272021Assets 2022: $35,877,673Liabilities 2022: $31,041,775Net Assets 2022: $4,835,8982022Assets 2023: $35,413,375Liabilities 2023: $27,729,641Net Assets 2023: $7,683,7342023Assets 2024: $35,173,989Liabilities 2024: $26,512,685Net Assets 2024: $8,661,3042024Assets 2025: $37,902,323Liabilities 2025: $28,003,676Net Assets 2025: $9,898,6472025

Highlighted filing

2015

Assets$34,189,696
Liabilities$32,565,072
Net Assets$1,624,624
Open 2015 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $568,4202010Expenses 2011: $214,3842011Expenses 2013: $2,656,1682013Revenue 2014: $2,915,382Expenses 2014: $3,080,491Net Income 2014: -$165,1092014Revenue 2015: $4,584,231Expenses 2015: $2,978,577Net Income 2015: $1,605,6542015Revenue 2016: $3,481,957Expenses 2016: $3,334,421Net Income 2016: $147,5362016Revenue 2017: $3,591,943Expenses 2017: $3,516,392Net Income 2017: $75,5512017Revenue 2018: $6,020,622Expenses 2018: $3,468,817Net Income 2018: $2,551,8052018Revenue 2019: $2,785,225Expenses 2019: $3,510,958Net Income 2019: -$725,7332019Revenue 2020: $3,476,011Expenses 2020: $3,275,328Net Income 2020: $200,6832020Revenue 2021: $4,404,857Expenses 2021: $3,982,196Net Income 2021: $422,6612021Revenue 2022: $3,447,529Expenses 2022: $2,908,758Net Income 2022: $538,7712022Revenue 2023: $5,789,189Expenses 2023: $2,941,353Net Income 2023: $2,847,8362023Revenue 2024: $3,938,798Expenses 2024: $2,961,228Net Income 2024: $977,5702024Revenue 2025: $4,420,647Expenses 2025: $3,183,304Net Income 2025: $1,237,3432025

Highlighted filing

2015

Revenue$4,584,231
Expenses$2,978,577
Net Income$1,605,654
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$4,584,231
Mission and Program Overview

Mission

Exclusive purpose/activity is to hold title to property & collect income therefrom & distribute the net profit to its sole member, upstate medical university for their exempt purpose use.

Purpose/activity is to hold property title & collect/distribute income therefrom to its sole member, upstate medical university for the exempt purpose use.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,829,378$31,169,855▼ $659,523
Investments Program Related$1,678,342$1,890,268▲ $211,926
Rtn Earn Endowment Incm Other Fnds$18,970$1,624,624▲ $1,605,654
Intangible Assets$645,591$622,603▼ $22,988
Cash and Non-Interest-Bearing Accounts$29,950$319,679▲ $289,729
Accounts Receivable$188,410$175,965▼ $12,445
Prepaid Expenses and Deferred Charges$2,358$11,326▲ $8,968
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$34,378,529$34,189,696▼ $188,833
Other Assets Total$4,500$0▼ $4,500
Liabilities
Tax Exempt Bond Liabilities$32,584,820$32,137,868▼ $446,952
Other Liabilities$1,592,603$271,243▼ $1,321,360
Accounts Payable and Accrued Expenses$132,136$130,961▼ $1,175
Unsecured Notes Loans Payable$50,000$25,000▼ $25,000
Total Liabilities$34,359,559$32,565,072▼ $1,794,487
Net Assets / Fund Balance
Total Net Assets Fund Balance$18,970$1,624,624▲ $1,605,654
Total Liabilities and Net Assets / Fund Balance$34,378,529$34,189,696▼ $188,833

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,424,337$2,157,215$30,581,552
Equipment$1,036,367$241,332$1,277,699
Other Land Buildings$1,184,366-$1,184,366
Land$524,785-$524,785
Investment Program Related Org$297,847--
Compensation and Service Providers
Top Officer Pay10th percentile

Board Members and Trustees

NameTitle
Eric SmithPresident
Thomas TaylorDirector
Thomas PelisSecretary
Mary Grace VannortwickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,879,468
Program Service Revenue
$2,649,153
Investment Income
$0
Other Revenue
$55,610
Change in Net Assets
$1,605,654

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,584,231
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,584,231
Total Revenue per Form 990
$4,584,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,978,577
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
Interest$1,600,461--$1,600,461
Depreciation Depletion$849,734--$849,734
Occupancy$429,120--$429,120
Insurance$56,979--$56,979
Fees for Services Legal$9,814$538-$10,352
Other Expenses$22,988$8,943-$8,943
Total Functional Expenses$2,969,096$9,481$0$2,978,577

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,978,577
Total Expenses per Audited Statements$2,978,577
Total Expenses per Form 990$2,978,577
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Deferred Revenue$271,243

Bond Issues

BondIssuerIssuedIssue PricePurpose
AOnondaga Ny Civic Development Corp2011-11-30$33,081,938To rebuild the geneva tower and repurpose for student housing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$33,081,938--$889,652

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees. The board is the only governing body.”

Form 990, Part VI, Section B, Line 11

“990 is prepared by an external accounting firm who performs the sole member's annual audit. It is then reviewed by the treasurer and approved by the full board of directors”

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

“Board members are required to sign annual conflict of interest statements, which are monitored regularly.”

Form 990, Part VI, Section C, Line 19

“The 990 is available to the public through www.guidestar.org. Other governing documents are available on sole member's website - www.upstate.edu/foundation”

Filing and Contact Details

Filer

Filer Name
Upstate Properties Development Inc
EIN
26-2980594
Phone
3154644501
Address
750 EAST ADAMS STREET, SYRACUSE, NY 13210

Signing Officer

Name
Eric Smith
Title
President
Phone
3154644501
Signed
2015-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Smith
Formed
2008
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Dermody Burke & Brown Cpas LLC
Address
443 N FRANKLIN ST STE 100, SYRACUSE, NY 13204-1441
Preparer
Lori a Ciarla
Phone
3154719171
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

“The board oversees and assumes responsibility for the audit, same as in prior years.”

Financial Statement Notes

PART X, LINE 2:

“Upd has adopted the provisions of fasb asc 740, income taxes, which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be takenin a tax return, including maintenance of tax exempt status. Should penalties or interest be incurred related to a disallowed tax position, they would be reported as operating expenses. Upd does not believe its financial statements include any uncertain tax positions. The tax returns for 2010 and thereafter are subject to examination by the authorities.”

Raw XML AppendixShowing 400 of 465 raw XML fields

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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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt047000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt078500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0125500
IRS990ScheduleA/PublicSupportTotal170Amt02907399
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01879468
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0178638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt028427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0147197
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0673669
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02907399
IRS990ScheduleA/TotalSupportAmt03032899
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt028424337
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02157215
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt030581552
IRS990ScheduleD/EquipmentGrp/BookValueAmt01036367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0241332
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01277699
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02978577
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0384113
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11208308
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2297847
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PLEDGED REVENUE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1BOND FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2REP & REPL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/LandGrp/BookValueAmt0524785
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0524785
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01184366
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01184366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0271243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04584231
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UPD HAS ADOPTED THE PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKENIN A TAX RETURN, INCLUDING MAINTENANCE OF TAX EXEMPT STATUS. SHOULD PENALTIES OR INTEREST BE INCURRED RELATED TO A DISALLOWED TAX POSITION, THEY WOULD BE REPORTED AS OPERATING EXPENSES. UPD DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE TAX RETURNS FOR 2010 AND THEREAFTER ARE SUBJECT TO EXAMINATION BY THE AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031169855
IRS990ScheduleD/TotalBookValueProgramRltdAmt01890268
IRS990ScheduleD/TotalExpensesPerForm990Amt02978577
IRS990ScheduleD/TotalLiabilityAmt0271243
IRS990ScheduleD/TotalRevenuePerForm990Amt04584231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04584231
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02978577
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02011-11-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0800458240
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0682832AK6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt033081938
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0ONONDAGA NY CIVIC DEVELOPMENT CORP
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0TO REBUILD THE GENEVA TOWER AND REPURPOSE FOR STUDENT HOUSING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt029276886
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0956335
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt01959065
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0889652
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt033081938
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES. THE BOARD IS THE ONLY GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM WHO PERFORMS THE SOLE MEMBER'S ANNUAL AUDIT. IT IS THEN REVIEWED BY THE TREASURER AND APPROVED BY THE FULL BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST STATEMENTS, WHICH ARE MONITORED REGULARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG. OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON SOLE MEMBER'S WEBSITE - WWW.UPSTATE.EDU/FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OVERSEES AND ASSUMES RESPONSIBILITY FOR THE AUDIT, SAME AS IN PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HEALTH SCIENCE CENTER FOUNDATION AT SYRACUSE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1STATE UNIVERSITY OF NEW YORK UPSTATE MEDICAL UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0161068101
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1146013200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RECEIVE/ADMINISTER GIFTS/BEQUESTS FOR THE SUNY UPSTATE MEDICAL UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1IMPROVE HEALTH OF COMMUNITY THROUGH EDU. BIOMEDICAL RESEARCH & HEALTHCARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0TYPE III SUPPORTING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0750 EAST ADAMS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1750 EAST ADAMS STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SYRACUSE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd013210
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd113210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01879468
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH RECEIVED
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0STATE UNIVERSITY OF NEW YORK UPSTATE MEDICAL UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt032584820
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt032137868
IRS990/TaxExemptBondsInd01
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt034378529
IRS990/TotalAssetsEOYAmt034189696
IRS990/TotalAssetsGrp/BOYAmt034378529
IRS990/TotalAssetsGrp/EOYAmt034189696
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01879468

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,189,696
Liabilities
$32,565,072
Net assets
$1,624,624
Revenue
$4,584,231
Expenses
$2,978,577
Net income
$1,605,654
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$37.9$28.0$9.90$4.42$3.18$1.24
2024Detailed filing. Detailed filing data is available for this year.$35.2$26.5$8.66$3.94$2.96$0.98
2023Detailed filing. Detailed filing data is available for this year.$35.4$27.7$7.68$5.79$2.94$2.85
2022Detailed filing. Detailed filing data is available for this year.$35.9$31.0$4.84$3.45$2.91$0.54
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.6$30.3$4.30$4.40$3.98$0.42
2020Detailed filing. Detailed filing data is available for this year.$32.8$28.9$3.87$3.48$3.28$0.20
2019Detailed filing. Detailed filing data is available for this year.$33.2$29.6$3.67$2.79$3.51$0.73
2018Detailed filing. Detailed filing data is available for this year.$34.6$30.2$4.40$6.02$3.47$2.55
2017Detailed filing. Detailed filing data is available for this year.$32.6$30.8$1.85$3.59$3.52$0.08
2016Detailed filing. Detailed filing data is available for this year.$33.8$32.0$1.77$3.48$3.33$0.15
2015Detailed filing. Detailed filing data is available for this year.$34.2$32.6$1.62$4.58$2.98$1.61
2014Detailed filing. Detailed filing data is available for this year.$34.4$34.4$0.02$2.92$3.08$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.1$35.0$0.17$2.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.6$37.1$0.46$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.57