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Berkeley Student Cooperative Inc

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

EIN: 940948140 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Berkeley Student Cooperative Inc?

Berkeley Student Cooperative Inc, located at 2424 Ridge Road, Berkeley, CA 94709, is a nonprofit housing cooperative that offers affordable housing and board to students attending UC Berkeley and various other Bay Area colleges and universities. With approximately 1,300 student members living in or utilizing their seventeen houses and three apartment cooperatives around the UC Berkeley campus, the cooperative is democratically run, with all members contributing labor to keep housing costs affordable. Its mission is to provide a high-quality, low-cost cooperative housing community for university students who might otherwise struggle financially to afford a university education. The cooperative aims to foster a supportive living environment that complements their academic pursuits.


Official website here: www.bsc.coop

Is Berkeley Student Cooperative Inc legitimate?

Berkeley Student Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berkeley Student Cooperative Inc 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: $566,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $943,976

For more financial information, click here


Official website here: www.bsc.coop

What is the mission statement of Berkeley Student Cooperative Inc?

Berkeley Student Cooperative Inc's mission is centered around providing a high-quality, affordable housing community for university students who might otherwise struggle to afford higher education. This nonprofit organization aims to create an environment that fosters education by offering cooperative housing options. The community is democratically run, with members contributing labor to keep costs low. By doing so, Berkeley Student Cooperative Inc extends an educational opportunity to students who may not have had it otherwise. The cooperative currently houses approximately 1,300 students across its seventeen houses and three apartment cooperatives.


Official website here: www.bsc.coop

What is the revenue of Berkeley Student Cooperative Inc?

Berkeley Student Cooperative Inc's revenue in 2024 was $14,398,186.


Official website here: www.bsc.coop

Who are the executives of Berkeley Student Cooperative Inc and what are their salaries?

The average compensation at Berkeley Student Cooperative Inc during 2024 was $22,212. There are 68 employees and 1110 volunteers at Berkeley Student Cooperative Inc.

Here are 49 key members and their salaries:


Alex Hammond (Empl Assoc Board Dir / Ops Supervisor)
  • Compensation: $72,713
  • Related: $0
  • Other: $3,025
Cyn Macias-Gomez (Summer Vp / Vp Of External Affairs)
  • Compensation: $1,073
  • Related: $0
  • Other: $0
Liza Mamedov (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amarit Bunchien (Board Vp / Vp Of Internal Affairs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Ruiz (Vp Of Capital & Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leilani Villasenor (Vp Of Exp & Training Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hamidullah Hakimi (Vp Of Exp & Training)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ausman (Alumni Association Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Erickson (Alumni Association Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maricruz Montes De Oca-Sanchez (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hung Yu Hsuan (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celine Cottenoir (Board Director Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omer Porat (Board Director Through 8/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Kohn (Board Director Through 3/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Carroll (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Arroyo (Board Director Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riley Saham (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Gerardo (Board Director Through 10/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Cruz (Board Director Through 9/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberto Garcia (Board Director Through 8/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Wylie (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicente Gonzalez (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilly Armstrong (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Goldstein (Board Director Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zaidie Long (Board Director Through 8/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Armas (Board Director Through 9/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesus Ramirez Silva (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Lee (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Izzie Kim (Board Director Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristian Zamora (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anya Brink (Board Director Through 12/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lina Jimenez (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alireza Keshmiri (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Arena (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malea Lewis (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enne Tatishcheva (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Cassar (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hana Lee (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devang Kadam (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Meneses (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Olesen (Executive Director Through 1/2024)
  • Compensation: $155,937
  • Related: $0
  • Other: $29,520
Juhandryn Dessames (Finance And Accounting Manager)
  • Compensation: $141,064
  • Related: $0
  • Other: $16,566
Dave Chelsea-Seifert (Ops Mgr / Co-Int E.D. Start 2/2024)
  • Compensation: $106,192
  • Related: $0
  • Other: $40,336
Amy Hines-Shaikh (Co-Int Exec Dir Start 2/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Spindler (Project Director)
  • Compensation: $130,208
  • Related: $0
  • Other: $27,200
Pavin Johnson (Maintenance Director)
  • Compensation: $122,861
  • Related: $0
  • Other: $6,682
Brandon Buckingham (Senior Special Projects Technician)
  • Compensation: $116,059
  • Related: $0
  • Other: $8,892
Zoe Wan (Board & Executive Assistant)
  • Compensation: $105,558
  • Related: $0
  • Other: $18,204
Migue Duarte (Cfs Warehouse Supervisor)
  • Compensation: $103,441
  • Related: $0
  • Other: $15,813


Official website here: www.bsc.coop

Where can I find the form 990 for Berkeley Student Cooperative Inc?

Berkeley Student Cooperative Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.bsc.coop

Learn more at the official website: www.bsc.coop

Mission Statement of Berkeley Student Cooperative Inc

Berkeley Student Cooperative Inc, a nonprofit organization, is dedicated to providing a high-quality, affordable housing community for university students who might otherwise be unable to pursue their education. By offering cooperative living arrangements, the cooperative provides an educational opportunity that would otherwise be out of reach for these students. The cooperative is run democratically, with all members contributing labor to keep housing costs low. This not only offers affordable living but also fosters a sense of community and responsibility among the members. By providing a supportive and affordable housing environment, Berkeley Student Cooperative Inc plays a crucial role in ensuring that education remains accessible to a diverse group of students.

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Impact



October, 2024

Berkeley Student Cooperative Inc offers a significant impact on the lives of students at UC Berkeley and nearby colleges by providing affordable, cooperative housing options. With approximately 1,300 student members living in 17 houses and three apartment cooperatives, it creates a community that fosters collaboration and support among students. Each housing option is democratically managed, allowing members to actively participate in the upkeep and decision-making processes, further enhancing their sense of belonging and responsibility.

This cooperative model not only keeps living costs low, making higher education more accessible for students who might struggle to afford it, but it also cultivates essential life skills, such as teamwork, leadership, and community engagement. By ensuring that quality housing is available at a lower cost, the Berkeley Student Cooperative plays a crucial role in helping students focus on their education and personal growth, ultimately contributing to a more equitable academic environment.



This information is meant to be a general summary of Berkeley Student Cooperative Inc. 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
$14,398,186 (2024)
Expenses
$11,149,394 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $420,667
  • Program Service Revenue: $12,920,832
  • Gross Receipts: $14,398,186

Assets and Liabilities:

  • Total Assets: $57,970,092
  • Total Liabilities: $20,017,091
  • Net Assets: $37,953,001

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Programs

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

ROOM AND BOARD REVENUE

Revenue

$12,556,964

APARTMENT RENTALS

Revenue

$321,168

PARKING REVENUE

Revenue

$22,000

MEMBERSHIP FEES

Revenue

$11,800

APPLICATION FEES

Revenue

$8,900

Organization Details

Founding Year

1934

Principal Officer

Dave Chelsea-Seifert

Website

www.bsc.coop

NTEE Category

Code: L400 - Housing

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