TRUSTEES OF UNION COLLEGE IN THE TOWN OF SCHENECTADY IN THE STATE OF NEW YORK

TRUSTEES OF UNION COLLEGE IN THE TOWN OF SCHENECTADY IN THE STATE OF NEW YORK

Schenectady, NY, US
501(c)3
EIN
14-1338580
School

TRUSTEES OF UNION COLLEGE IN THE TOWN OF SCHENECTADY IN THE STATE OF NEW YORK

Schenectady, NY, US
501(c)3
EIN
14-1338580
School

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$985,737,430

Investments
57%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
9%
Cash & Equivalents
4%
Other Assets
1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$223,758,730

Tax-Exempt Bond Liabilities
59%
Notes Payable / Debt (Non-Related)
27%
Payables & Accruals
7%
Other Liabilities
5%
Deferred Revenue
2%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$233,143
$37,598,848
+16027%
Receivables (Non-Related)
$67,844,624
$87,395,342
+29%
Related-Party Receivables
-
-
-
Inventories
$826,034
$801,316
-3%
Prepaid Expenses
$2,418,613
$7,554,092
+212%
Investments
$548,734,674
$565,046,708
+3%
Property, Plant, & Equipment (net)
$271,975,078
$277,142,808
+2%
Other Assets
$25,913,571
$10,198,316
-61%
Total Assets
$917,945,737
$985,737,430
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$20,941,618
$16,600,820
-21%
Grants Payable
-
-
-
Deferred Revenue
$2,629,676
$4,271,860
+62%
Tax-Exempt Bond Liabilities
$97,529,774
$131,545,533
+35%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$70,975,371
$59,527,403
-16%
Related-Party Payables
-
-
-
Other Liabilities
$12,528,014
$11,813,114
-6%
Total Liabilities
$204,604,453
$223,758,730
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$440,049,847
$497,553,371
+13%
Unrestricted Net Assets
$273,291,437
$264,425,329
-3%
Net assets
2023
2024
Change
Net assets
+$713,341,284
+$761,978,700
+7%
Balance Sheet
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