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Nonprofit · EIN 27-1459023

FORT SCHUYLER MANAGEMENT CORPORATION

Tax-exempt · ALBANY, NY 12203

Financials

$11.4M$3.9M2022$1.4M$7.4M2023$19.8M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of FORT SCHUYLER MANAGEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$19,841,766$4,258,345$15,583,421$112,376,866$66,701,287$45,675,579
June 30, 2024990$1,396,885$7,392,023-$5,995,138$101,330,907$71,238,749$30,092,158
June 30, 2023990$11,356,537$3,903,738$7,452,799$111,862,852$75,776,505$36,086,347
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,363,953
of which government grants
$2,363,953
Program service revenue
$0
Investment income
$18,144,804
Net rental income
-$5,166,991
Net gain from sales of assets
$17,609,602
Other revenue
-$666,991

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$32,934
Accounting fees
$62,850
Travel
$14,646
Program services (functional)
$3,304,390
Management and general (functional)
$953,955

Balance sheet and other

Total assets, start of year
$101,330,907
Total assets, end of year
$112,376,866
Total liabilities, end of year
$66,701,287
Net assets, end of year
$45,675,579
Land, buildings and equipment
$17,983,553
Net assets without donor restrictions
$45,675,579
Gross receipts
$29,296,791
Employees
0
Volunteers
10
Year formed
2009
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PATRICIA ARCIERO-CRAIGPAST CAO,ACT GEN COUNSEL
Former
0$456,367$0$23,457
DAVID ANDERSONPRESIDENT
Officer
9$423,795$0$54,493
TIMOTHY TAYLORVP CORPORATE FINANCE & CFO
Officer
9$246,552$0$129,144
PAUL KELLYVP STRATEGY, PSHIPS & NV, & COO
Officer
3$283,236$0$44,969
WILLIAM BRONNERV.P. OF HUMAN RESOURCES
Key employee
9$230,164$0$58,875
THOMAS ALFIERIASSOCIATE VP , THRU 3/31/25
Highest-paid employee
40$233,272$0$51,983
REBECCA BORDENGENERAL COUNSEL
Officer
15$209,772$0$34,081
PATRICIA BUCKLINSECRETARY
Officer
19$187,984$0$19,325
DOUGLAS GROSECHAIR
Trustee or director
0.5$0$72,692$0
JASMINKA HUSICDIRECTOR, AS OF 6/12/25
Trustee or director
0.5$0$0$0
TERRENCE DALYDIRECTOR, AS OF 4/7/25
Trustee or director
0.5$0$0$0
JOAN MCDONALDDIRECTOR
Trustee or director
0.5$0$0$0
DR ANDREA GOLDSMITHDIRECTOR, AS OF 6/12/25
Trustee or director
0.5$0$0$0
KRISTIN PROUDDIRECTOR
Trustee or director
0.5$0$0$0
MENG-LING HSIAODIRECTOR
Trustee or director
0.5$0$0$0
4 more people on this return
NameTitleHours / weekCompensation
MICHAEL ABBOTTDIRECTOR
Trustee or director
0.5$0
HEATHER HAGEDIRECTOR
Trustee or director
0.5$0
MICHAEL CADIGANDIRECTOR, AS OF 6/13/25
Trustee or director
0.5$0
SCOTT BATEMANTREASURER
Officer
0.5$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID ANDERSONPRESIDENT
Officer
9$413,310$0$35,779
TIMOTHY TAYLORVP CORPORATE FINANCE & CFO
Officer
9$215,144$0$118,716
PATRICIA ARCIERO-CRAIGCAO, ACTING GEN COUNS, THRU 4/18/24
Officer
15$267,440$0$57,515
PAUL KELLYVP STRATEGY, PSHIPS & NV, & COO
Officer
3$259,630$0$57,041
THOMAS ALFIERIASSOCIATE VICE PRESIDENT
Highest-paid employee
40$219,420$0$41,047
DOUG GROSECHAIR AS OF 5/1/24/ PAST PRES
Trustee or director
0.5$0$234,232$0
WILLIAM BRONNERVP OF HUMAN RESOURCES
Key employee
9$162,304$0$39,361
PATRICIA BUCKLINSECRETARY
Officer
19$176,417$0$18,127
REBECCA BORDENACTING GEN COUNS, AS OF 4/19/24
Officer
15$36,686$0$2,119
ANITA BROWNDIRECTOR, THRU 12/19/23
Trustee or director
0.5$0$0$0
CHRISTINE CHUNGDIRECTOR, THRU 2/9/24
Trustee or director
0.5$0$0$0
DOREEN HARRISDIRECTOR, THRU 4/19/24
Trustee or director
0.5$0$0$0
JOAN MCDONALDDIRECTOR
Trustee or director
0.5$0$0$0
KENNETH TOMPKINSDIRECTOR, THRU 10/20/23
Trustee or director
0.5$0$0$0
KRISTIN PROUDDIRECTOR
Trustee or director
0.5$0$0$0
MENG-LING HSIAODIRECTOR
Trustee or director
0.5$0$0$0
MICHAEL ABBOTTDIRECTOR
Trustee or director
0.5$0$0$0
HEATHER HAGEDIRECTOR
Trustee or director
0.5$0$0$0
SCOTT BATEMANTREASURER
Officer
0.5$0$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
PATRICIA ARCIERO-CRAIGCAO, ACTING GENERAL COUNSEL
Officer
15$256,392$51,477
TIMOTHY TAYLORCFO
Officer
9$202,060$104,485
DAVID ANDERSONPRESIDENT
Officer
9$284,287$10,597
PAUL KELLYCOO
Officer
3$202,303$47,942
THOMAS ALFIERIASSOCIATE VICE PRESIDENT
Highest-paid employee
40$209,871$36,837
PATRICIA BUCKLINSECRETARY
Officer
19$168,046$16,028
DOUG GROSEPAST PRES/CHAIRMAN, DIR
Former
0$183,076$0
MICHAEL ABBOTTDIRECTOR
Trustee or director
0.5$0$0
ANITA BROWNDIRECTOR
Trustee or director
0.5$0$0
CHRISTINE CHUNGDIRECTOR
Trustee or director
0.5$0$0
HEATHER HAGEDIRECTOR
Trustee or director
0.5$0$0
DOREEN HARRISDIRECTOR
Trustee or director
0.5$0$0
MENG-LING HSIAODIRECTOR
Trustee or director
0.5$0$0
JOAN MCDONALDDIRECTOR
Trustee or director
0.5$0$0
KRISTIN PROUDDIRECTOR
Trustee or director
0.5$0$0
KENNETH TOMPKINSDIRECTOR
Trustee or director
0.5$0$0
SCOTT BATEMANTREASURER
Officer
0.5$0$0

Address and contacts

Address (IRS master file)
257 FULLER ROAD, ALBANY, NY 12203-3613
In care of
% ALICE DICKS
Principal officer (990 for 2024)
DAVID ANDERSON, 257 FULLER ROAD, ALBANY, NY 12203
Signed the 990
TIMOTHY TAYLOR, CFO
Phone
(518) 956-7322
Website
FTSMC.ORG
Return prepared by
KPMG LLP

Mission

FORT SCHUYLER MANAGEMENT CORPORATION WAS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, ECONOMIC DEVELOPMENT, AND CHARITABLE PURPOSES. IT ACHIEVES THIS OBJECTIVE BY FACILITATING RESEARCH AND ECONOMIC DEVELOPMENT ACTIVITIES RELATED TO THE RESEARCH AND EDUCATION MISSION OF SUNY BY PURCHASING, CONSTRUCTING, DEVELOPING AND MANAGING FACILITIES AND PROMOTING RESEARCH THEREIN WHICH SUPPORT THE ECONOMIC DEVELOPMENT, RESEARCH ACTIVITIES AND THE MISSION OF THE SUNY POLYTECHNIC INSTITUTE.

990 for the year ended June 30, 2025

Program accomplishments

  • PROGRAM COSTS ARE INCURRED AS PART OF THE OVERALL MISSION OF THE CORPORATION AS A STATE UNIVERSITY OF NEW YORK AFFILIATE, ADVANCING THE ECONOMIC DEVELOPMENT AND EDUCATION AND WORKFORCE TRAINING OF THE STATE OF NEW YORK.
    Expenses $3,304,390 · revenue $16,942,611

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-1459023
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B194)
Assets (IRS master file)
$112,376,866
Income (IRS master file)
$29,296,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$19,841,766$4,258,345$112,376,866IRS
990-TJune 2025–––IRS
990June 2024$1,396,885$7,392,023$101,330,907IRS
990-TJune 2024–––IRS
990June 2023$11,356,537$3,903,738$111,862,852XML
990-TJune 2023–––IRS
990June 2022$10,596,426$6,156,753$109,621,788IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1459023).

Questions about FORT SCHUYLER MANAGEMENT CORPORATION

What is the EIN of FORT SCHUYLER MANAGEMENT CORPORATION?
The employer identification number (EIN) of FORT SCHUYLER MANAGEMENT CORPORATION is 27-1459023.
Is FORT SCHUYLER MANAGEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FORT SCHUYLER MANAGEMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FORT SCHUYLER MANAGEMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FORT SCHUYLER MANAGEMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORT SCHUYLER MANAGEMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FORT SCHUYLER MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2025 names DAVID ANDERSON.
Who are the officers and directors of FORT SCHUYLER MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 19 people; 8 received compensation from the organization, the highest $456,367 (PATRICIA ARCIERO-CRAIG, PAST CAO,ACT GEN COUNSEL).
How much revenue does FORT SCHUYLER MANAGEMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $19,841,766, expenses of $4,258,345 and total assets of $112,376,866 at year end.

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