STATE UNIVERSITY OF NEW YORK AT ON… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

DREW MCKAY

Phone

6074362526

Tax Period

2024-07-01 to 2025-06-30

STATE UNIVERSITY OF NEW YORK AT ONEONTA ALUMNI ASSOCIATION INC, founded in 2003, is a small nonprofit in the Education sector that reported $710K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $669K left a modest 6% surplus.

Mission

THE MISSION OF THE STATE UNIVERSITY OF NEW YORK AT ONEONTA ALUMNI ASSOCIATION, INC. IS TO CONNECT, ENGAGE, SUPPORT, AND CELEBRATE ALUMNI, STUDENTS, FACULTY, STAFF, AND FRIENDS TO CULTIVATE PRIDE.

Program Service Accomplishments

Program 1

Expenses: $174,383 Revenue: $70,054

ANNUAL EVENTS INCLUDE LOCAL AND REGIONAL ALUMNI EVENTS, AFFINITY GROUPREUNIONS, ALUMNI WEEKEND, CAMPUS TRADITIONS, ONEONTA FUTURE ALUMNI NETWORK ACTIVIITES, SENIOR ACTIVITIES, ALUMNI PRESENTATIONS...

ANNUAL EVENTS INCLUDE LOCAL AND REGIONAL ALUMNI EVENTS, AFFINITY GROUPREUNIONS, ALUMNI WEEKEND, CAMPUS TRADITIONS, ONEONTA FUTURE ALUMNI NETWORK ACTIVIITES, SENIOR ACTIVITIES, ALUMNI PRESENTATIONS, ALUMNI-STUDENT MENTORING PROGRAM, RECENT ALUMNI DIALOGUES, DISTINGUISHED ALUMNI LECTURES, ALUMNI-STUDENT NETWORKING EVENTS, ALUMNI PANEL PRESENTATIONS, AND THE STUDENT RESEARCH AND CREATIVE ACTIVITY LUNCHEON.

Program 2

Expenses: $60,425 Revenue: $4,225

VARIOUS PROJECTS SUCH AS CULTURAL AND EDUCATIONAL ENRICHMENT PROJECTSINCLUDING: ACADEMIC EXCELLENCE WHICH HIGHLIGHTS, AWARDS, ANDPROMOTES ACADEMIC ACHIEVEMENT FOR FACULTY, STUDENTS, AND THE...

VARIOUS PROJECTS SUCH AS CULTURAL AND EDUCATIONAL ENRICHMENT PROJECTSINCLUDING: ACADEMIC EXCELLENCE WHICH HIGHLIGHTS, AWARDS, ANDPROMOTES ACADEMIC ACHIEVEMENT FOR FACULTY, STUDENTS, AND THE UNIVERSITYCOMMUNITY. THE ALUMNI CULTURAL FUND FOSTERS NUMEROUS MULTICULTURAL,FINE, AND PERFORMING ARTS ACTIVITIES FOR THE CAMPUS, ALUMNI, ANDFRIENDS. THE ALUMNI ASSOCIATION ALSO PROMOTES THE UNIVERSITY'S COMMONREAD, ADMISSION PROGRAMS, LIBRARY ACQUISITIONS, STUDENT LIFE PROGRAMS, STUDENT RESEARCH AND CREATIVE ACTIVITY.

Program 3

Expenses: $133,075 Revenue: $157,822

REFLECTIONS IS PUBLISHED THREE TIMES A YEAR AND IS FUNDED BY THE ALUMNI ASSOCIATION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $449,213

Program Service Revenue $227,876

Investment Income $26,645

Other Revenue $5,876

TOTAL REVENUE $709,610

Expense Breakdown

Grants Paid $104,007

Salaries & Benefits $56,183

Fundraising Expenses $107,934

Program Expenses $471,890

Other Expenses $508,791

TOTAL EXPENSES $668,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$709,610	$656,271	+0.1%
Expenses	$668,981	$674,951	0.0%
Net Income	$40,629	$-18,680	-3.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

590

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

$170,238

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALBERTO J CARDELLE	EX-OFFICIO MEMBER (NON-VOTING)	1.00	Director	$0	$0	$0
PAUL J ADAMO	EX-OFFICIO MEMBER (NON-VOTING)	1.00	Director	$0	$0	$0
HARRY BRADSHAW MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
DAREN RYLEWICZ	EX-OFFICIO MEMBER (NON-VOTING)	1.00	Director	$0	$0	$0
ALICE MAGGIORE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DREW MCKAY	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
ANNEMARIE HAUMESSER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ED ALUCK	SECRETARY	1.00	Officer Director	$0	$0	$0
JASON POMEROY	TREASURER	1.00	Officer Director	$0	$0	$0
GREG FLOYD	DIRECTOR	1.00	Director	$0	$0	$0
JANE BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
LORAINE TYLER	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE TALBOT	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA TERNOSKY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT SALTZMAN	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR SARGENT	DIRECTOR	1.00	Director	$0	$0	$0
KATHY MEEKER	DIRECTOR	1.00	Director	$0	$0	$0
EVAN RAKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE WARNQUIST	DIRECTOR	1.00	Director	$0	$0	$0
DR TOKE KNUDSEN	HONORARY DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
SARAH PORTWAY	HONORARY DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
JIM ZIANS	HONORARY DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
RIVER WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MADELONE LINCOLN	EXECUTIVE DIRECTOR	35.00	Officer	$0	$67,567	$170,238

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	$709,610	$668,981	$727,137	$40,629
2024	$656,271	$674,951	$711,381	$-18,680
2023	$673,927	$704,679	$712,947	$-30,752
2022	$649,803	$602,051	$739,744	$47,752
2021	$656,726	$456,219	$692,138	$200,507
2020	$688,104	$596,166	$489,020	$91,938
2019	$678,875	$625,826	$394,528	$53,049
2018	$640,941	$661,468	$347,088	$-20,527

STATE UNIVERSITY OF NEW YORK AT ONEONTA ALUMNI ASSOCIATION INC