UNIVERSITY AUXILIARY SERVICES AT ALBANY

EIN: 141397537 501(c)(3) Education

ALBANY, NY

Total Revenue
$14,413,871
Total Expenses
$13,193,190
Total Assets
$32,910,672
Net Assets
$25,292,400
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
NY
Principal Officer
DR MICHAEL CHRISTAKIS
Phone
5184425950
Tax Period
2024-06-01 to 2025-05-31

UNIVERSITY AUXILIARY SERVICES AT ALBANY, founded in 1950, is a mid-sized nonprofit in the Education sector that reported $14.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $13.2M left a modest 8% surplus.

Mission

CONTRACTUAL AGREEMENT WITH STATE UNIVERSITY OF NEW YORK TO PROVIDE FOOD AND AUXILIARY SERVICES TO FACULTY, STAFF, AND STUDENTS AT THE UNIVERSITY OF ALBANY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,866,957
Investment Income $546,914
Other Revenue $0
TOTAL REVENUE $14,413,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,989,497
Fundraising Expenses $0
Program Expenses $5,730,585
Other Expenses $11,203,693
TOTAL EXPENSES $13,193,190

Year-over-Year Comparison

2024 2023 Change
Revenue $14,413,871 $16,966,558 -0.2%
Expenses $13,193,190 $32,112,196 -0.6%
Net Income $1,220,681 $-15,145,638 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
7
Employees
27
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,590,104
Total Directors
17
$2,596,399
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERMAINE HARRIS BOARD MEMBER 1.00
Director
$0 $44,841 $136,354
LEE SERRAVILLO BOARD MEMBER 1.00
Director
$0 $0 $0
INDUMATHI LNU SECRETARY 1.00
Officer Director
$0 $66,382 $201,855
CARA WHITE BOARD MEMBER 1.00
Director
$0 $69,038 $209,933
CAROL PERRIN BOARD MEMBER 1.00
Director
$0 $71,923 $218,705
FARDIN SANAI BOARD MEMBER 1.00
Director
$0 $195,666 $594,984
MARY BETH MURNAN BOARD MEMBER 1.00
Director
$0 $33,298 $101,253
MICHAEL CHRISTAKIS PRESIDENT 1.00
Officer Director
$0 $143,406 $436,073
TODD FOREMAN TREASURER 1.00
Officer Director
$0 $175,877 $534,811
JALEN ROSE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ETHAN MADAPPATT BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY OSEI BOARD MEMBER 1.00
Director
$0 $0 $0
MACEO FOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA RENNARD BOARD MEMBER 1.00
Director
$0 $0 $0
NIC FELDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ZAINAB GONDAL BOARD MEMBER 1.00
Director
$0 $0 $0
DAFNEY AMILCAR-RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $53,417 $162,431
STEPHEN PEARSE EXECUTIVE DIRECTOR 40.00
Officer
$271,716 $28,355 $300,071
MICHAEL RAMELLA EXECUTIVE DIRECTOR 40.00
Officer
$96,540 $20,754 $117,294
MICHELLE SCHIFLEY SENIOR DIRECTOR OF ADMINIS 40.00
Highest
$144,602 $48,283 $192,885
MICHELLE BOWEN SENIOR DIRECTOR OF MARKETI 40.00
Highest
$126,645 $45,515 $172,160
RANDY SIMMONS SENIOR DIRECTOR OF FINANCE 40.00
Highest
$132,290 $46,989 $179,279
SHARON WEBSTER DIRECTOR OF ID CARD 1.00
Highest
$108,461 $43,586 $152,047
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,413,871 $13,193,190 $32,910,672 $1,220,681
2024 $16,966,558 $32,112,196 $29,821,657 $-15,145,638
2023 $13,324,063 $10,651,788 $42,240,106 $2,672,275
2022 $14,879,703 $9,128,243 $43,160,685 $5,751,460
2021 $9,200,087 $8,817,276 $50,871,067 $382,811
2020 $10,190,229 $9,982,701 $43,234,986 $207,528
2019 $12,923,214 $13,934,838 $41,799,256 $-1,011,624
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