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Fort Schuyler Management Corporation

Albany, NY · EIN 27-1459023 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Fort Schuyler Management Corporation reported $19.8 million in revenue and $4.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.60 went to program services, $22.40 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 91.4% of the total. Government grants made up 11.9%. The highest compensation it reported for one person was $479,824 (PAST CAO,ACT GEN COUNSEL). 8 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $4.3M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $20M

Other revenue was negative: −$667K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
77.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
22.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
11.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$479,824$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
11.27%1.28%
People paid over $100,000
Part VII, line 2
88
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
128.713.3
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.3M expenses · 100.0% of program spending · revenue $17M

Program costs are incurred as part of the overall mission of the corporation as a state university of new york affiliate, advancing the economic development and education and workforce training of the state of new york

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PAST CAO,ACT GEN COUNSEL
Former, 0.00 hrs/week
$456,367$0$23,457$479,824
PRESIDENT
Officer, 9.00 hrs/week
$423,795$0$54,493$478,288
VP CORPORATE FINANCE & CFO
Officer, 9.00 hrs/week
$246,552$0$129,144$375,696
VP STRATEGY, PSHIPS & NV, & COO
Officer, 3.00 hrs/week
$283,236$0$44,969$328,205
V.P. OF HUMAN RESOURCES
Key employee, 9.00 hrs/week
$230,164$0$58,875$289,039
ASSOCIATE VP , THRU 3/31/25
Highest compensated employee, 40.00 hrs/week
$233,272$0$51,983$285,255
GENERAL COUNSEL
Officer, 15.00 hrs/week
$209,772$0$34,081$243,853
SECRETARY
Officer, 19.00 hrs/week
$187,984$0$19,325$207,309

8 people received more than $100,000 in reportable compensation from Fort Schuyler Management Corporation (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2021FY2022FY2023FY2024FY2025$20M$4.3M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$20M$4.3M77.6%$46M$479,824
FY2024 ⓘ$1.4M$7.4M82.0%$30M$449,089
FY2023 ⓘ$11M$3.9M61.8%$36M$307,869
FY2022 ⓘ$11M$6.2M80.3%$29M$306,089
FY2021 ⓘ$14M$12M91.1%$24M$297,798

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 610

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
HINMAN STRAUB PC
Legal
$141,698

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Fort Schuyler Management Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fort Schuyler Management Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Fort Schuyler Management Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Fort Schuyler Management Corporation reported that 77.6% of its $4.3 million in expenses went to program services, 22.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Fort Schuyler Management Corporation pay its top executive?

The largest total compensation Fort Schuyler Management Corporation reported for one person in the fiscal year ending June 30, 2025 was $479,824, for the role of PAST CAO,ACT GEN COUNSEL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Fort Schuyler Management Corporation get its money?

Of $19.8 million in revenue in the fiscal year ending June 30, 2025, 11.9% came from contributions and grants (including 11.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Fort Schuyler Management Corporation a registered charity?

The IRS lists EIN 27-1459023 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349307445 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541159349300439 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441289349303124 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349301745 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349305775 · read the filing

All filings for EIN 27-1459023: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.