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Auxiliary Service Corp Suny Farmingdale

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111824299 ✦ Farmingdale, NY ✦ Designated as a 501(c)(3)

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Overview

What is Auxiliary Service Corp Suny Farmingdale?

Auxiliary Service Corp Suny Farmingdale is a nonprofit organization affiliated with Farmingdale State College, providing essential services to its students, faculty, and staff. Their offerings include food and vending options catering to residents, commuters, and staff, as well as laundromat facilities for residential students. By doing so, they enhance the overall college experience and contribute to the well-being of the college community.


Official website here: www.farmingdale.edu/auxiliary-service

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41% (Zero-Star out of Four Stars)

Auxiliary Service Corp Suny Farmingdale has been assigned a Zero-Star rating by Charity Navigator, primarily reflecting significant concerns in accountability and financial management. The organization received a low overall score of 41%, indicating potential issues in the transparency and governance of its operations. Key areas of weakness include the independence of the board, where no independent members were identified, and a poor liabilities to assets ratio, which raises concerns about its financial health.

Despite these challenges, the organization has some strengths, such as a solid audit and oversight committee, which scored full points in that category. Additionally, it has established important internal policies like conflict of interest, whistleblower, and document retention policies, all of which received full marks. However, the lack of independent board members and the overall low financial management scores overshadow these positive aspects.

The charity's financial practices, particularly in terms of program expense ratio and transparency regarding its financial statements, need significant improvement. The absence of its tax form on the nonprofit's website and a failing grade on the liabilities to assets ratio are notable red flags for potential donors and stakeholders. Overall, while there are some positive governance policies in place, the organization's financial accountability and independence remain critical areas for concern.


This AI summary has been generated from information found on Charity Navigator.

Is Auxiliary Service Corp Suny Farmingdale legitimate?

Auxiliary Service Corp Suny Farmingdale is a legitimate nonprofit organization registered as a 501(c)(3) entity. Auxiliary Service Corp Suny Farmingdale 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: $116,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,462

For more financial information, click here


Official website here: www.farmingdale.edu/auxiliary-service

What is the mission statement of Auxiliary Service Corp Suny Farmingdale?

Auxiliary Service Corp at Suny Farmingdale is committed to serving the needs of students, faculty, and staff at Farmingdale State College. They accomplish this by providing essential services such as food and vending options for both residents and commuters, as well as for faculty and staff. Additionally, they offer laundromat services specifically for residential students, ensuring they have convenient access to laundry facilities. In essence, Auxiliary Service Corp Suny Farmingdale prioritizes the comfort and convenience of the college community by supplying necessary services.


Official website here: www.farmingdale.edu/auxiliary-service

Who is the CEO of Auxiliary Service Corp Suny Farmingdale?

Erica Chase is the Treasurer of Auxiliary Service Corp Suny Farmingdale.


Official website here: www.farmingdale.edu/auxiliary-service

What is the revenue of Auxiliary Service Corp Suny Farmingdale?

Auxiliary Service Corp Suny Farmingdale's revenue in 2023 was $2,179,036.


Official website here: www.farmingdale.edu/auxiliary-service

Who are the executives of Auxiliary Service Corp Suny Farmingdale and what are their salaries?

The average compensation at Auxiliary Service Corp Suny Farmingdale during 2023 was $21,669. There are 19 employees and 1 volunteer at Auxiliary Service Corp Suny Farmingdale.


Here are 13 key members and their salaries:


Keri Franklin (Treasurer)
  • Compensation: $0
  • Related: $142,366
  • Other: $0
Jeff Gaab (Secretary)
  • Compensation: $0
  • Related: $121,315
  • Other: $0
Gerry Watnick (Executive Dir.)
  • Compensation: $116,251
  • Related: $0
  • Other: $0
Orla Lopiccolo (Director)
  • Compensation: $0
  • Related: $111,287
  • Other: $0
Jeanne Soto (Director)
  • Compensation: $0
  • Related: $110,173
  • Other: $0
Geraldo Vasquez (Director)
  • Compensation: $0
  • Related: $103,203
  • Other: $0
Glen Hinckley (Director)
  • Compensation: $0
  • Related: $102,981
  • Other: $0
Erica Chase (Chairperson)
  • Compensation: $0
  • Related: $99,790
  • Other: $0
Doug Lopalo (Director)
  • Compensation: $0
  • Related: $99,146
  • Other: $0
George Fernandez (Director)
  • Compensation: $0
  • Related: $92,638
  • Other: $0
Ryan Williams (Director)
  • Compensation: $0
  • Related: $87,032
  • Other: $0
Michael Harrington (Director)
  • Compensation: $0
  • Related: $31,554
  • Other: $0
Jake Iaccino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.farmingdale.edu/auxiliary-service

Where can I find the form 990 for Auxiliary Service Corp Suny Farmingdale?

Auxiliary Service Corp Suny Farmingdale's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.farmingdale.edu/auxiliary-service

Learn more at the official website: www.farmingdale.edu/auxiliary-service

Mission Statement of Auxiliary Service Corp Suny Farmingdale

Auxiliary Service Corp Suny Farmingdale is dedicated to serving the needs of students, faculty, and staff at Farmingdale State College. This non-profit organization provides various essential services to cater to the diverse needs of its clientele. Among these services are food and vending options, ensuring that residents, commuters, and faculty and staff have access to nutritious meals and snacks. Additionally, the corporation offers laundromat services specifically for residential students, making their day-to-day living more convenient. By offering these services, Auxiliary Service Corp Suny Farmingdale demonstrates its commitment to enhancing the quality of life for the college community, contributing to a more inclusive and supportive environment.

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Impact




July, 2024

The Auxiliary Service Corp Suny Farmingdale plays a vital role in enhancing the overall campus experience for students, faculty, and staff at Farmingdale State College. By providing essential services such as food and vending options for residents, commuters, faculty, and staff, as well as convenient laundromat services for residential students, the organization contributes significantly to the quality of campus life. These services not only meet basic needs but also contribute to a more supportive and comfortable environment for the college community. Overall, the Auxiliary Service Corp Suny Farmingdale's impact can be seen in the improved well-being and satisfaction of those connected to Farmingdale State College.




This information is meant to be a general summary of Auxiliary Service Corp Suny Farmingdale. 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.

Revenue
$2,179,036 (2023)
Expenses
$1,623,031 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $185,052
  • Program Service Revenue: $1,893,979
  • Gross Receipts: $2,179,036

Assets and Liabilities:

  • Total Assets: $12,260,823
  • Total Liabilities: $2,862,203
  • Net Assets: $9,398,620

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CAMPUS STORE

Revenue

$320,000

FOOD SERVICES

Revenue

$1,070,265

OTHER AUXILIARY

Revenue

$423,249

VENDING OPERATIONS

Revenue

$80,465

Organization Details

Founding Year

1954

Principal Officer

Erica Chase

Main Address

MELVILLE ROAD LAFFIN HALL, FARMINGDALE, NY, 11735

NTEE Category

Code: B43I - Education

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