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The Student Association at the State University of New York at Albany INC EIN 26-3787503

The Student Association at the State University of New York at Albany INC

EIN  26-3787503 Higher education institution Albany, NY Founded 2008
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Fosters social, recreational, educational, cultural, and spiritual opportunities for university students.
Leadership
Rose Jalen · President (may 23- May 25) · $11K
Money in and out
$2.9M revenue, $3.3M expenses
Bottom line
-14% operating surplus

Fosters social, recreational, educational, cultural, and spiritual opportunities for university students. For fiscal year 2024 it reported $2.9M in revenue, $3.3M in expenses, and $1.8M in net assets.Pt I

Financial scale & money flow · FY2024
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$387K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Operating surplus
-14%
revenue over expenses, this legal entity▼ -68% vs prior filing year
Payroll share
10%
of this entity's spending is salaries & benefits▼ -11% vs prior filing year
Program spending
78%
of expenses reach program services▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.9M
FY2024▲ +7%
Expenses
$3.3M
FY2024▲ +12%
Total assets
$2.0M
FY2024▼ -20%
Total liabilities
$197K
FY2024▼ -12%
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$3.3M
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$387K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

1 program service account for $2.5M of program spending, described in the organization's own filed words · FY2024.
01

The student association is the student government organization for university at albany undergraduates and consists of three branches, executive, legislative and judicial, and multiple clubs that provide social, recreational, educational, cultural, and spiritual opportunities for students enrolled in the university.

$2.5Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Student Association at the State University of New York at Albany INC
EINHdr · item D26-3787503
Principal addressHdr · item CAlbany, NY
WebsiteHdr · item Jwww.albany.edu/studentassociation
Year of formationHdr · item L2008
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B80)
Ruling yearIRS BMFAug 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Rose Jalen
President (may 23- May 25)
$11,200Pt VII · Sec A
Blair Shania
Comptroller (may 2024 - May 2025
$10,030Pt VII · Sec A
Crawford Amelia
Vice President (may 23- May 25)
$9,700Pt VII · Sec A
Holness Gabrielle
Comptroller & Deputy Comptroller (june 2025- May 2
$4,902Pt VII · Sec A
Jiminez Steven
Chief Justice (june 2024 - May 2025)
$4,500Pt VII · Sec A
Madapatt Ethan
Senator Chair (may 2024 - May 2025)
$3,500Pt VII · Sec A
McGrath Erin
Senate Chair (may 23 - May 2024)
$3,500Pt VII · Sec A
Kohout Luther
Appropriation Chair Senator (sept 2025 - May 2026)
$2,249Pt VII · Sec A

Rose Jalen’s $11K as President (may 23- May 25) is at the 2nd percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Rose Jalen$11,200$8,842$1,183———
Blair Shania$10,030$385————
Crawford Amelia$9,700$6,200————
Lisciandro Jason—$9,453$4,226———
Burke Kevon——$9,228———
Goudiaby Abdoullah———$7,560——
Walker Enid—$4,805$7,505———
Donelan Molly———$7,289——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$2.7M · 93%
Investment income$208K · 7%
Program service revenue93%$2.7M
Investment income7%$208K
Total revenueLn 12$2.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$2.5M
Management & general22%$710K
Total functional expensesLn 25$3.3M

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$2.0M
Total liabilitiesLn 26$197K
Total net assetsLn 32$1.8M
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.8M · Operating expenses/yr $3.3M
6.5 months
Where the money goes
Program services
Program services $2.5M · Total expenses $3.3M
78%
Management & General
Management & general $710K · Total expenses $3.3M
22%
Fundraising
Fundraising $0 · Total expenses $3.3M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $2.9M
0%
Government reliance
Government grants — · Total revenue $2.9M
—
Earned-income share
Program service revenue $2.7M · Total revenue $2.9M
93%
Investment reliance
Investment income $208K · Total revenue $2.9M
+7%
Program self-sufficiency
Program service revenue $2.7M · Total expenses $3.3M
82%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year $2.7M
+7%
Revenue CAGR
FY2019 $2.8M · FY2024 $2.9M
0%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $3.3M
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
—
Net-asset ratio
Net assets $1.8M · Total assets $2.0M
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
0%
People & payroll
Highest Reported Total Compensation
Individual Rose Jalen · Reported title PRESIDENT (MAY 23- MAY 25) · Highest reported compensation $11K · Total expenses $3.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $316K · Total expenses $3.3M
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 22%——
Revenue growth 7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2019
Alumni Association of the University of New York at Albany INCFY2019$10K
Total grants receivedfrom 1 funder$10K
Grants paid · 6 grants · $2.2M · 2019–2024
Dippikill INCNY · FY2024$765,098
Dippikill INCNY · FY2023$295,616
Dippikill INCNY · FY2022$302,632
Dippikill INCNY · FY2021$270,256
Dippikill INCNY · FY2020$287,608
Dippikill INCNY · FY2019$258,998

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$2.7M revenue · ⤓ 990 PDF
FY2023$2.7M revenue · ⤓ 990 PDF
FY2022$2.8M revenue · ⤓ 990 PDF
FY2021$2.7M revenue · ⤓ 990 PDF
FY2020$2.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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