2025-04-15T10:01:14-05:00 2024-05-31 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-06-01 111704590 FACULTY STUDENT ASSOCIATION OF DOWNSTATE MEDICAL CENTER INC FACU 7182703148 MSC 1219 - 450 CLARKSON AVENUE BROOKLYN NY 112032098 SERGIO MAFFETTONE TREASURER 7182703148 2025-04-11 1 0 DAVID A URBAN CPA P00630018 7166340700 2025-04-11 2023 2025-03-06 01:10:19Z RICHARD BENTLEY MSC 1219 - 450 CLARKSON AVENUE BROOKLYN NY 112032098 3551895 0 X WWW.DOWNSTATE.EDU/FSA X 1950 NY THE FACULTY STUDENT ASSOCIATION OF DOWNSTATE MEDICAL CENTER, INC. ("THE ASSOCIATION") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO ESTABLISH, OPERATE, MANAGE, PROMOTE, AND CULTIVATE EDUCATIONAL ACTIVITIES AND RELATIONSHIPS INCIDENTAL THERETO BY, BETWEEN, AND AMONG THE STUDENTS AND THE FACULTY OF SUNY DOWNSTATE AND TO AID THE STUDENTS, FACULTY, AND ADMINISTRATION OF SUNY DOWNSTATE IN THE FURTHERANCE OF THEIR EDUCATION AND STUDIES, WORK, LIVING AND CO-CURRICULAR ACTIVITIES INCIDENTAL THERETO, IN COLLABORATION AND COORDINATION WITH THE EDUCATIONAL GOALS OF SUNY DOWNSTATE. 14 6 8 0 0 0 185069 211737 3106123 3206894 745 1482 138950 15927 3430887 3436040 0 0 0 0 118577 105453 0 0 0 3534706 3537071 3653283 3642524 -222396 -206484 2352766 2346418 1318139 1518275 1034627 828143 TO PROVIDE HIGH QUALITY, EFFECTIVE AND EFFICIENT AUXILIARY SERVICES TOTHE CAMPUS COMMUNITY WITH THE HIGHEST STANDARDS OF QUALITY CUSTOMER SERVICES WITHIN EACH OPERATION. 0 0 3374347 3222821 THE ASSOCIATION PROVIDES VARIOUS AUXILIARY SERVICES TO THE SUNY DOWNSTATE HEALTH SCIENCES UNIVERSITY (SUNY DOWNSTATE)COMMUNITY, INCLUDING BUT NOT LIMITED TO STUDENTS, FACULTY AND STAFF. THE SERVICES INCLUDE FOOD SERVICE, VENDING, PARKING, ACCOUNTING AND BOOKKEEPING SERVICES, LAUNDRY, STUDENT HEALTH INSURANCE, COMMENCEMENT PHOTOGRAPHY SERVICES, AND HOSPITAL GIFT SHOP. THE ASSOCIATION SERVED APPROXIMATELY 3,500 PEOPLE IN FYE 5/31/2024. 47636 A UNIVERSITY BOOKSTORE PROVIDES GOODS AND SERVICES TO THE SUNY DOWNSTATE COMMUNITY, INCLUDING BUT NOT LIMITED TO STUDENTS, FACULTY AND STAFF. ACADEMIC AND CLINICAL RELATED SUPPLIES, CLOTHING, PARKING PASSES, AND NOVELTIES ARE AVAILABLE FOR SALE IN ADDITION TO THE SALE, RENTAL, AND BUY-BACK OPTIONS FOR NEW AND USED TEXTBOOKS. 3421983 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 8 1 0 0 0 0 0 0 0 0 0 0 X 14 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X DANIEL MINNOCK 7182703187 MSC 1219 450 CLARKSON AVE STUDENT BROOKLYN NY 11203 RICHARD BENTLEY PRESIDENT 5.00 40.00 X X 0 182078 56937 SERGIO MAFFETTONE TREASURER 5.00 40.00 X X 0 141538 41443 CHARIS NG DIRECTOR 0.10 40.00 X 0 190000 31221 LAURA MARTELLO-ROONEY DIRECTOR 0.10 40.00 X 0 88731 6218 BRIGITTE DESPORT DIRECTOR 0.10 40.00 X 0 178310 30026 MARIA ROSARIO-SIM DIRECTOR 0.10 0.00 X 0 0 0 DANIEL GRAVES DIRECTOR 0.10 40.00 X 0 225000 61716 MARK STEWART DIRECTOR 0.10 40.00 X 0 330892 72866 ERIC ACOSTA STUDENT DIRECTOR 0.10 0.00 X 0 0 0 RACHEL BAUM STUDENT DIRECTOR 0.10 0.00 X 0 0 0 JAKE BRITTON STUDENT DIRECTOR 0.10 0.00 X 0 0 0 RADHIKA SINGH STUDENT DIRECTOR 0.10 0.00 X 0 0 0 BREANNA WATSON STUDENT DIRECTOR 0.10 0.00 X 0 0 0 MATTHEW ZAHARENIOS STUDENT DIRECTOR 0.10 0.00 X 0 0 0 0 1336549 300427 0 0 1 0 DMC PARKING MANAGEMENT LLC 544 47TH AVENUE LONG ISLAND CITY NY 11101 PARKING MANAGEMENT 1763117 HSCB FOUNDATION INC 450 CLARKSON AVENUE MSC 1219 BROOKLYN NY 112032098 PARKING RELATED EXPENSE REIMBURSEMENT 425343 CAFE 101 INC 450 CLARKSON AVENUE MSC 1214 BROOKLYN NY 112032098 CATERING SERVICES 134830 DEMASCO SENA & JAHELKA LLP 1400 OLD COUNTRY ROAD SUITE 310E WESTBURY NY 11590 ACCOUNTING SERVICES 110037 4 211737 211737 PARKING REVENUE 812930 2649888 2649888 STUDENT ACTIVITY FUNDS 611310 433599 433599 VENDING MACHINES 454210 66325 66325 LAUNDRY REVENUE 335224 25080 25080 FOOD SERVICE COMMISSIO 923120 22002 22002 10000 10000 3206894 1482 1482 107344 115855 -8511 -8511 BUSINESS OFFICE 611310 24438 24438 24438 3436040 3222821 0 1482 67830 26493 41337 7083 2721 4362 25351 11296 14055 5189 2027 3162 8408 8408 126561 126561 14080 1891 12189 378 378 57 57 15577 15577 OTHER PARKING EXPENSES 2710424 2710424 PROGRAMS & PROJECTS 469081 469081 STUDENT ORGANIZATIONS 165329 165329 BANK FEES 10516 7653 2863 16660 16660 3642524 3421983 220541 0 299838 586588 333350 334376 225628 131167 44882 3357 8620 9394 610838 569169 102263 41669 1338185 1239867 2352766 2346418 622443 695664 695696 822611 1318139 1518275 X 720156 513672 314471 314471 1034627 828143 2352766 2346418 -206484 0 X X 0 1 X 1 0 X 165770 148865 145318 185069 211737 856759 3172654 2990636 3569552 3262710 3322749 16318301 3338424 3139501 3714870 3447779 3534486 17175060 0 0 0 17175060 3646 1512 2001 745 1482 9386 3646 1512 2001 745 1482 9386 151175 222791 136076 88949 24438 623429 3493245 3363804 3852947 3537473 3560406 17807875 0.96450 0.95270 0.00050 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 131923 131923 131923 131923 131923 131923 131923 131923 131923 131923 0.00000 1.00000 0.00000 0 0 610838 569169 41669 41669 DUE FROM SUNY 52178 FUNDS HELD IN TRUST 1165057 SECURITY DEPOSITS 22632 1239867 X 3436040 0 3436040 0 3436040 3642524 0 3642524 0 3642524 PART IV, LINE 2B: THE ASSOCIATION PROVIDES BANKING, INVESTMENT AND ADMINISTRATIVE SERVICES FOR VARIOUS CAMPUS GROUPS, STUDENT ACTIVITY/STUDENT GOVERNMENT FUNDS AND CERTAIN ALUMNI ASSOCIATIONS. FUNDS HELD IN TRUST REPRESENT AMOUNTS HELD FOR THESE GROUPS. SECURITY DEPOSITS ARE COLLECTED IN LIEU OF PERFORMANCE BONDS FROM OUR SERVICE VENDORS. THESE FUNDS LESS ANY AMOUNTS DUE AS A RESULT OF CONTRACT MATTERS ARE RETURNED TO THE VENDOR WHEN THEIR CONTRACT IS TERMINATED. PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUND IS TO PROVIDE LONG-TERM SUPPORT. THE FUNDS ARE RESTRICTED TO INVESTMENT IN PERPETUITY, AND THE INTEREST IS USED FOR DEPARTMENT SUPPORT, LECTURES, SCHOLARSHIPS, AND LIBRARY SUPPORT. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE ASSOCIATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE ASSOCIATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE ASSOCIATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE ASSOCIATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 0 0 0 0 0 0 0 0 MARK STEWART DIRECTOR 0 330892 0 0 0 0 0 42840 0 30026 0 403758 0 0 DANIEL GRAVES DIRECTOR 0 225000 0 0 0 0 0 30887 0 30829 0 286716 0 0 RICHARD BENTLEY PRESIDENT 0 182078 0 0 0 0 0 26911 0 30026 0 239015 0 0 CHARIS NG DIRECTOR 0 190000 0 0 0 0 0 18912 0 12309 0 221221 0 0 BRIGITTE DESPORT DIRECTOR 0 178310 0 0 0 0 0 0 0 30026 0 208336 0 0 SERGIO MAFFETTONE TREASURER 0 141538 0 0 0 0 0 11417 0 30026 0 182981 0 0 PART I, LINE 3 THE PRESIDENT IS AN EMPLOYEE OF SUNY DOWNSTATE. HE IS COMPENSATED BY THE STATE OF NEW YORK. HIS SUNY DOWNSTATE COMPENSATION IS DETERMINED BY SUNY DOWNSTATE MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. WHEN THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY THE CONTROLLER, TREASURER AND PRESIDENT BEFORE IT IS TO BE FILED WITH THE INTERNAL REVENUE SERVICE. THE FULL BOARD REVIEWS THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO BOARD OF DIRECTORS AND EMPLOYEES. THE POLICY IS MONITORED AND ENFORCED ANNUALLY. A BOARD MEMBER MUST DISCLOSE WHEN HE/SHE OR ANY MEMBER OF HIS/HER FAMILY HAVE ANY BUSINESS RELATIONSHIP, DIRECTLY OR INDIRECTLY, WITH OR MATERIAL FINANCIAL INTEREST IN THE ASSOCIATION OR ANY ENTITY THAT HAS DONE BUSINESS WITH THE ASSOCIATION. EACH BOARD MEMBER IS EXPECTED TO PROVIDE WRITTEN NOTICE OF ALL MATERIAL AND PERSONAL INTEREST THAT MAY BE DETERMINED TO PRESENT A CONFLICT OF INTEREST BEFORE ANY DISCUSSION OR NEGOTIATION OF SUCH TRANSACTION. HE/SHE MAY NOT PARTICIPATE IN THE DISCUSSION RELATING TO THE TRANSACTION, AND MAY NOT VOTE ON THE TRANSACTION. A DIRECTOR MUST RECUSE HIM/HERSELF FROM DECISION RELATED DECISIONS RELATED TO THE CONFLICT OF INTEREST FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S FORM 990 AND FORM 1023 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ASSOCIATION DIRECTLY. PART XII, LINE 2C EXPLANATION: THE ASSOCIATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. SUNY DOWNSTATE HEALTH SCIENCES UNIVERSITY 450 CLARKSON AVENUE BROOKLYN NY 11203 146013200 MEDICAL SCHOOL NY 501(C)(3) LINE 6 SUNY 0 THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION INC 450 CLARKSON AVENUE BROOKLYN NY 11203 112418771 TO AID THE STUDENTS AND FACULTY OF SUNY DOWNSTATE NY 501(C)(3) LINE 7 SUNY DOWNSTATE HEALTH SCIENCES UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0