Overview
What is University Enterprises Inc?
University Enterprises Inc, based in Sacramento, California, is a nonprofit organization dedicated to enriching the university experience at Sacramento State and supporting its evolving needs. They administer over 500 research grants, contracts, and sponsored programs in partnership with state and federal agencies and resource programs. Their mission extends beyond academics, as they also operate food services, property services, and a bookstore on campus. The organization's primary focus is on federally funded programs, including those from the US Department of Education, National Science Foundation, and Environmental Protection Agency. These grants support a variety of projects benefiting Sacramento State students, such as the College Assistance Migrant Program, institutional networks for student success, and initiatives to increase the number of underrepresented minority students graduating with degrees in STEM fields. The organization also provides environmental services to communities in Region 9 and supports basic research in various fields. Alongside these externally funded programs, University Enterprises Inc also receives funding from state and local governments for student employment, contract services, and technical assistance to small disadvantaged communities. Overall, University Enterprises Inc's programs and services touch the lives of more than 33,000 faculty, staff, and students at Sacramento State.
Official website here: www.enterprises.csus.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating
University Enterprises Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance. The overall score is based entirely on a single beacon score, which emphasizes the importance of financial oversight and organizational transparency. The organization has performed well in several key areas, including having an independent board size and maintaining proper documentation and policies.
Strengths of University Enterprises Inc include a perfect score in several financial oversight categories, such as its audit and oversight committee and conflict of interest policies. The organization also demonstrated accountability through effective document retention practices and transparency by ensuring its tax forms are accessible on its website. However, it struggles with the liabilities to assets ratio, indicating potential concerns regarding its financial stability.
Despite these strengths, the absence of independent board members points to a limitation in governance that could affect organizational integrity. Overall, while University Enterprises Inc displays a commendable level of financial accountability, it may benefit from improvements in its governance structure to enhance its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is University Enterprises Inc legitimate?
University Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Enterprises 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: $603,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,931,786
For more financial information, click here
Official website here: www.enterprises.csus.edu
What is the mission statement of University Enterprises Inc?
University Enterprises Inc, with its mission, aims to enrich the university experience and support the evolving needs of the academic community. The organization administers numerous grants, contracts, and sponsored programs in partnership with federal and state agencies, focusing on underrepresented groups and increasing their access to education. These programs cover a range of initiatives, from encouraging the attendance of children of migrant farm workers to increasing the number of culturally competent teachers. Additionally, the organization supports scientific research and education projects through grants from entities like the National Science Foundation and the Environmental Protection Agency. In collaboration with various state and local organizations, University Enterprises Inc provides valuable on-the-job training for students and offers technical, financial, and management services to small disadvantaged communities. Overall, its programs and services benefit over 33,000 faculty, staff, and students, contributing significantly to the academic community.
Official website here: www.enterprises.csus.edu
Who is the CEO of University Enterprises Inc?
Terri Stevens is the Chair of University Enterprises Inc.
Official website here: www.enterprises.csus.edu
What is the revenue of University Enterprises Inc?
University Enterprises Inc's revenue in 2022 was $102,624,210.
Official website here: www.enterprises.csus.edu
Who are the executives of University Enterprises Inc and what are their salaries?
The average compensation at University Enterprises Inc during 2022 was $14,283. There are 2838 employees and 12 volunteers at University Enterprises Inc.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $418,969
- Other: $48,641
- Compensation: $0
- Related: $242,310
- Other: $56,654
- Compensation: $0
- Related: $279,378
- Other: $107,405
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $118,886
- Other: $46,236
- Compensation: $0
- Related: $98,962
- Other: $34,228
- Compensation: $0
- Related: $179,249
- Other: $50,861
- Compensation: $0
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- Compensation: $227,487
- Related: $0
- Other: $90,562
- Compensation: $180,061
- Related: $0
- Other: $90,460
- Compensation: $166,354
- Related: $0
- Other: $78,630
- Compensation: $162,483
- Related: $0
- Other: $66,460
- Compensation: $164,610
- Related: $0
- Other: $71,424
- Compensation: $155,500
- Related: $0
- Other: $77,236
- Compensation: $152,415
- Related: $0
- Other: $51,301
Official website here: www.enterprises.csus.edu
Where can I find the form 990 for University Enterprises Inc?
University Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.enterprises.csus.edu
Learn more at the official website: www.enterprises.csus.edu
Mission Statement of University Enterprises Inc
University Enterprises, Inc. (UEI) is a mission-driven organization dedicated to enriching the university experience at Sacramento State and addressing the evolving needs of its community. UEI administers a multitude of grants, contracts, and sponsored programs in collaboration with state and federal agencies and resource programs. One of its primary focuses is on initiatives that benefit students, such as the College Assistance Migrant Program, which encourages children of migrant farm workers to attend university, and the Institutional Networks for Student Success programs, aimed at increasing graduation rates from underrepresented groups. UEI also supports research and educational projects, including those related to technology, science, and STEM fields, with funding from entities like the National Science Foundation and the Environmental Protection Agency. UEI's commitment to its mission extends beyond the campus, with efforts to provide environmental services to communities, employ students in various positions, and offer contract services to local and state governments. Through these programs and partnerships, UEI positively impacts more than 33,000 faculty, staff, and students at Sacramento State and the general public.
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Impact
October, 2024
University Enterprises Inc (UEI) significantly enriches the Sacramento State experience by providing a wide array of programs and services tailored to support the university community and its needs. By administering over 500 research grants, contracts, and sponsored programs in collaboration with state and federal agencies, UEI plays a crucial role in fostering academic development and research at the institution.
Through federally funded initiatives, UEI enhances opportunities for underrepresented student populations, such as the College Assistance Migrant Program (CAMP), which empowers children of migrant farm workers to pursue higher education. Programs like the COMPROMETID@S initiative aim to cultivate a workforce of culturally competent teachers, while the Asian American Native American Pacific Islander (AANAPISI) funding assists low-income and underrepresented students with essential resources.
At the forefront of technological advancement, UEI leverages National Science Foundation funding to support projects that develop a cybersecurity workforce and improve STEM education. These initiatives not only contribute to academic success but also position Sacramento State as a leader in addressing workforce needs in critical fields.
The environmental impact of UEI is evident in its collaboration with the Environmental Protection Agency, providing vital services to communities in California. This includes the operations of the Region 9 Environmental Finance Center, which assists local municipalities in enhancing their water systems.
Additionally, UEI's collaboration with the U.S. Geological Survey expands research capabilities in hydrogeology, furthering scientific understanding and community preparedness. The support offered to students through paid job opportunities in state and local government enhances real-world learning experiences, preparing them for future careers.
In total, UEI's programs positively affect over 33,300 faculty, staff, and students at Sacramento State, in addition to benefiting the broader community. By continually adapting and evolving its initiatives, University Enterprises Inc profoundly impacts education and workforce development, fostered through collaborations that bridge academia, government, and industry.
This information is meant to be a general summary of University Enterprises 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,217,518
- Program Service Revenue: $21,910,974
- Gross Receipts: $106,285,130
Assets and Liabilities:
- Total Assets: $283,649,336
- Total Liabilities: $237,052,611
- Net Assets: $46,596,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES & SERVICES OF ED
Revenue
$14,880,418
ADMINISTRATIVE FEES
Revenue
$7,030,556
Organization Details
Founding Year
1951
Phone
(916) 278-6672Principal Officer
Terri Stevens
Main Address
6000 J STREET, SACRAMENTO, CA, 95819
Website
www.enterprises.csus.eduNTEE Category
Code: B114 - Education
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