Overview
What is California State University San Marcos Corporation?
The California State University San Marcos Corporation is a non-profit organization based in San Marcos, California, with an address at 333 S Twin Oak Valley Rd, CA-92096. Its primary mission is to provide administrative and business support to California State University San Marcos. This includes handling the financial and program administrative aspects of research and training grants awarded to campus faculty from various federal, state, and other governmental agencies and private foundations. In the fiscal year mentioned, these grants amounted to approximately $14.1 million from federal, state, and local government agencies, and $147,000 from private foundations and non-governmental entities. The organization also operates various commercial operations on campus, such as the bookstore and food services, and offers financial management support to other campus entities and programs. The California State University San Marcos Corporation is a tax-exempt organization, employing a total of 569 individuals.
Official website here: www.csusm.edu/corp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
California State University San Marcos Corporation has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is significantly derived from the Accountability & Finance metric, which indicates a strong emphasis on financial integrity but suggests potential areas for improvement in governance practices.
Strengths of the organization include a high program expense ratio of 91.36%, indicating that a significant portion of its expenditures directly supports its mission-oriented programs. Additionally, the organization has implemented several important policies, such as conflict of interest and whistleblower policies, which promote transparency and ethical governance.
However, the rating also highlights some limitations, particularly in board independence, with only 28% of board members being independent. This may raise concerns about governance and oversight effectiveness. Furthermore, the liabilities to assets ratio of 85.82% indicates potential financial risk that could affect the organization's sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is California State University San Marcos Corporation legitimate?
California State University San Marcos Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California State University San Marcos Corporation 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: $79,858
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,520,620
For more financial information, click here
Official website here: www.csusm.edu/corp
What is the mission statement of California State University San Marcos Corporation?
The California State University San Marcos Corporation serves as a non-profit organization, providing essential administrative and business services to California State University San Marcos. Its primary role includes managing research and training grant awards for campus faculty, as well as overseeing various commercial operations on campus, such as the bookstore and food services. Additionally, the Corporation offers financial management support to other campus entities and programs.
Official website here: www.csusm.edu/corp
Who is the CEO of California State University San Marcos Corporation?
Jason E Marchese is the Chairman of California State University San Marcos Corporation.
Official website here: www.csusm.edu/corp
What is the revenue of California State University San Marcos Corporation?
California State University San Marcos Corporation's revenue in 2022 was $36,380,836.
Official website here: www.csusm.edu/corp
Who are the executives of California State University San Marcos Corporation and what are their salaries?
The average compensation at California State University San Marcos Corporation during 2022 was $13,358. There are 569 employees and 57 volunteers at California State University San Marcos Corporation.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $224,789
- Other: $82,767
- Compensation: $0
- Related: $131,654
- Other: $46,913
- Compensation: $0
- Related: $158,578
- Other: $52,368
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $133,566
- Other: $56,936
- Compensation: $62,547
- Related: $107,256
- Other: $62,061
- Compensation: $0
- Related: $270,000
- Other: $104,660
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $145,184
- Other: $53,120
- Compensation: $10,782
- Related: $0
- Other: $158
- Compensation: $0
- Related: $176,040
- Other: $77,108
- Compensation: $6,529
- Related: $0
- Other: $130
- Compensation: $0
- Related: $185,104
- Other: $70,825
- Compensation: $6,154
- Related: $0
- Other: $14
Official website here: www.csusm.edu/corp
Where can I find the form 990 for California State University San Marcos Corporation?
California State University San Marcos Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csusm.edu/corp
Learn more at the official website: www.csusm.edu/corp
Mission Statement of California State University San Marcos Corporation
The California State University San Marcos Corporation, a non-profit tax-exempt organization, was established to offer administrative and business services to California State University San Marcos. Its primary role is to provide financial and program administrative support to the university. One of its key functions includes the administration of research and training grant awards for campus faculty. Additionally, it manages various commercial operations on campus, such as the bookstore and food services. Beyond these functions, the corporation also offers financial management support to other campus entities and programs. In essence, the California State University San Marcos Corporation acts as a crucial partner to the university, facilitating its academic and operational endeavors.
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Impact
October, 2024
California State University San Marcos Corporation significantly enhances the educational landscape by providing essential financial and program administrative support to California State University San Marcos. It plays a critical role in managing research and training grants awarded to faculty, facilitating the academic mission of the university.
In terms of economic impact, the corporation has successfully secured substantial grant revenues that bolster research and educational initiatives. Over a recent reporting period, federal grant revenues reached $10.7 million, while state and local government agency grants totaled approximately $3 million. Furthermore, grants and awards from private foundations and other non-governmental entities contributed an additional $147,000. These funds not only advance academic research and training but also enhance the overall educational experience for students.
The corporation's operations extend beyond grant administration; it manages various campus commercial services, including the bookstore and food services. This operational support creates a conducive environment for students and faculty, ensuring that necessary resources are available on campus.
Moreover, the financial management support it provides to other campus entities and programs is instrumental in promoting the university's strategic goals, enhancing operational efficiency, and driving innovation in education. Through these efforts, California State University San Marcos Corporation not only supports the faculty and student body but also contributes to the broader community by fostering educational growth and development in the region.
This information is meant to be a general summary of California State University San Marcos Corporation. 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 2022.
- Investment Income: $2,482
- Program Service Revenue: $21,672,695
- Gross Receipts: $36,380,836
Assets and Liabilities:
- Total Assets: $136,729,958
- Total Liabilities: $118,675,343
- Net Assets: $18,054,615
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING RELATED
Revenue
$16,319,893
CAMPUS PROGRAMS
Revenue
$2,732,077
CAPITAL LEASE INCOME
Revenue
$2,325,581
COMMISSIONS BOOKSTORE
Revenue
$208,221
OTHER CAMPUS COMMISSIONS
Revenue
$86,923
Organization Details
Founding Year
1990
Phone
(760) 750-4700Principal Officer
Jason E Marchese
Main Address
333 S TWIN OAK VALLEY RD, SAN MARCOS, CA, 92096
Website
www.csusm.edu/corpNTEE Category
Code: B114 - Education
If you are a representative of California State University San Marcos Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.