Overview
What is Faculty Student Association Of Downstate Medical Center Inc?
Faculty Student Association of Downstate Medical Center Inc, situated in Brooklyn, New York, is a not-for-profit corporation primarily dedicated to enhancing the educational experience and overall well-being of the Suny Downstate Health Sciences University community, encompassing students, faculty, and staff. The association offers a diverse range of auxiliary services, including food service, vending, parking, accounting and bookkeeping, laundry, student health insurance, commencement photography, and a hospital gift shop, serving approximately 3,500 individuals in a given fiscal year. Their mission is to deliver high-quality, effective, and efficient services with a strong focus on customer satisfaction, ensuring the highest standards in each operational aspect.
Official website here: www.downstate.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Faculty Student Association of Downstate Medical Center Inc holds an 83% score, indicating a solid performance in terms of accountability and finance. This rating reflects a commitment to sound financial practices, with a perfect score in several areas such as financial statements oversight and material diversion of assets. The organization demonstrates a robust approach to governance, maintaining a comprehensive conflict of interest and whistleblower policy.
However, the organization lacks a majority of independent board members, which could be seen as a potential limitation in ensuring unbiased oversight. Additionally, while it scores well in most areas, it did not post its tax form on its website, which may impact transparency for potential donors and stakeholders. The liabilities to assets ratio also received a moderate score, suggesting that while the organization is managing its assets effectively, there may be room for improvement in this area.
This AI summary has been generated from information found on Charity Navigator.
Is Faculty Student Association Of Downstate Medical Center Inc legitimate?
Faculty Student Association Of Downstate Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faculty Student Association Of Downstate Medical Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,830
For more financial information, click here
Official website here: www.downstate.edu
What is the mission statement of Faculty Student Association Of Downstate Medical Center Inc?
The Faculty Student Association of Downstate Medical Center Inc, in its mission, is dedicated to fostering educational activities and relationships among students and faculty of Suny Downstate. The organization aims to support the students, faculty, and administration in enhancing their education and studies. It works collaboratively and coordinately with the educational goals of Suny Downstate, providing various auxiliary services such as food service, vending, parking, accounting, student health insurance, commencement photography, and a hospital gift shop. The association strives to offer these services with the highest standards of quality customer service within each operation.
Official website here: www.downstate.edu
What is the revenue of Faculty Student Association Of Downstate Medical Center Inc?
Faculty Student Association Of Downstate Medical Center Inc's revenue in 2024 was $3,436,040.
Official website here: www.downstate.edu
Who are the executives of Faculty Student Association Of Downstate Medical Center Inc and what are their salaries?
The average compensation at Faculty Student Association Of Downstate Medical Center Inc during 2024 was $8,479. There are 8 employees at Faculty Student Association Of Downstate Medical Center Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $182,078
- Other: $56,937
- Compensation: $0
- Related: $141,538
- Other: $41,443
- Compensation: $0
- Related: $190,000
- Other: $31,221
- Compensation: $0
- Related: $88,731
- Other: $6,218
- Compensation: $0
- Related: $178,310
- Other: $30,026
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $225,000
- Other: $61,716
- Compensation: $0
- Related: $330,892
- Other: $72,866
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.downstate.edu
Where can I find the form 990 for Faculty Student Association Of Downstate Medical Center Inc?
Faculty Student Association Of Downstate Medical Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.downstate.edu
Learn more at the official website: www.downstate.edu
Mission Statement of Faculty Student Association Of Downstate Medical Center Inc
The Faculty Student Association of Downstate Medical Center Inc, a not-for-profit organization, is committed to establishing, managing, and promoting educational activities and relationships among students and faculty at SUNY Downstate. Their mission is centered around aiding the students, faculty, and administration of SUNY Downstate in enhancing their education and studies, collaborating and coordinating with the educational goals of the university.
In pursuit of this mission, the association provides a range of auxiliary services to the SUNY Downstate Health Sciences University community, including but not limited to food service, vending, parking, accounting and bookkeeping services, laundry, student health insurance, commencement photography services, and a hospital gift shop. Their primary objective is to deliver high-quality, effective, and efficient services to the campus community, upholding the highest standards of customer service within each operation. The association served approximately 3,500 individuals in the fiscal year ending May 31, 2022.
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Impact
July, 2024
The Faculty Student Association Of Downstate Medical Center Inc plays a critical role in supporting the educational activities and relationships among the students and faculty of SUNY Downstate. By providing various auxiliary services to the SUNY Downstate Health Sciences University community, including food service, vending, parking, accounting, student health insurance, and more, the association positively impacts approximately 3,500 individuals. Through its mission to provide high-quality auxiliary services with the highest standards of customer service, the association contributes to the overall educational experience and well-being of the campus community.
This information is meant to be a general summary of Faculty Student Association Of Downstate Medical Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,482
- Program Service Revenue: $3,206,894
- Gross Receipts: $3,551,895
Assets and Liabilities:
- Total Assets: $2,207,476
- Total Liabilities: $950,453
- Net Assets: $1,257,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING REVENUE
Revenue
$2,649,888
STUDENT ACTIVITY FUNDS
Revenue
$433,599
VENDING MACHINES
Revenue
$66,325
LAUNDRY REVENUE
Revenue
$25,080
FOOD SERVICE COMMISSIO
Revenue
$22,002
Organization Details
Founding Year
1950
Principal Officer
Richard Bentley
Website
www.downstate.eduNTEE Category
Code: B80 - Education
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