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Sonoma State Enterprises Inc

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

EIN: 942342146 ✦ Rohnert park, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sonoma State Enterprises Inc?

Sonoma State Enterprises Inc, situated in Rohnert Park, California, serves as a vital auxiliary corporation for Sonoma State University. Its primary mission is to enhance the educational experience and academic services for the university's students. To achieve this, Sonoma State Enterprises manages all retail and dining operations on campus, providing essential services that contribute to campus life. Established with the intention of promoting educational development, this nonprofit organization works diligently to fulfill its purpose.


Official website here: www.sonoma.edu/afd/enterprises

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star Rating

Sonoma State Enterprises Inc has achieved an impressive four-star rating with a score of 92%, indicating a strong commitment to accountability and financial transparency. The rating is solely derived from its accountability and finance metrics, showcasing the organization’s effective management of resources and adherence to best practices in nonprofit governance.

The organization demonstrates notable strengths, including a high program expense ratio of 98.92%, which reflects its focus on delivering mission-related services. Additionally, the financial health of the nonprofit is highlighted by its low liabilities to assets ratio of 16.02%, suggesting a stable financial position. The presence of an audit and oversight committee and various policies, such as conflict of interest and whistleblower policies, further enhances its credibility.

However, the organization has room for improvement in terms of board independence, with only 23% of board members being independent. This aspect could raise concerns about governance and decision-making processes. Overall, Sonoma State Enterprises Inc shows a solid foundation in financial management but may benefit from bolstering its independent oversight.


This AI summary has been generated from information found on Charity Navigator.

Is Sonoma State Enterprises Inc legitimate?

Sonoma State Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sonoma State 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,694,360

For more financial information, click here


Official website here: www.sonoma.edu/afd/enterprises

What is the mission statement of Sonoma State Enterprises Inc?

Sonoma State Enterprises Inc, a not-for-profit auxiliary corporation of Sonoma State University, is primarily established to support the educational development and academic services of the university. Its mission is to provide essential facilities that contribute to the overall academic growth of the students. The corporation operates various retail and dining functions on campus, serving a crucial role in enriching the student life.


Official website here: www.sonoma.edu/afd/enterprises

Who is the CEO of Sonoma State Enterprises Inc?

Amanda Visser is the Community Representative of Sonoma State Enterprises Inc.


Official website here: www.sonoma.edu/afd/enterprises

What is the revenue of Sonoma State Enterprises Inc?

Sonoma State Enterprises Inc's revenue in 2023 was $6,228,652.


Official website here: www.sonoma.edu/afd/enterprises

Who are the executives of Sonoma State Enterprises Inc and what are their salaries?

There 4 volunteers at Sonoma State Enterprises Inc.


Here are 17 key members and their salaries:


Fred Vaske (Community Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Rozek (Vice President Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasmin Esquivel (Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audra Verrier (Staff Representative)
  • Compensation: $0
  • Related: $66,450
  • Other: $42,165
Ashley Blaylock (Staff Representative)
  • Compensation: $0
  • Related: $51,799
  • Other: $24,247
Gerald Jones (Vp Of Student Affairs)
  • Compensation: $0
  • Related: $194,287
  • Other: $69,168
Michael Young (Interim Vp For Student Affairs)
  • Compensation: $0
  • Related: $132,438
  • Other: $34,875
Anastasia Tosouni (Faculty Representative, Criminoloy And Criminal J)
  • Compensation: $0
  • Related: $97,423
  • Other: $49,641
Dr Kyuho Lee (Faculty Representative, Business)
  • Compensation: $0
  • Related: $235,022
  • Other: $68,388
Dr John Urbanski (Faculty Representative, Business)
  • Compensation: $0
  • Related: $182,542
  • Other: $62,681
Dr Mario Perez (Vp Of Advancement)
  • Compensation: $0
  • Related: $214,190
  • Other: $63,925
Ming-Tung Mike Lee - Start Aug 2022 (President, Ssu)
  • Compensation: $0
  • Related: $157,977
  • Other: $47,806
Dr Judy K Sakaki - Term July 2022 (Board President)
  • Compensation: $0
  • Related: $492,631
  • Other: $117,039
Monir Ahmed (Vp For Admin & Finance, Cfo, Chair)
  • Compensation: $0
  • Related: $234,672
  • Other: $60,442
Dr Karen Moranski (Provost And Vice President For Academic Affairs)
  • Compensation: $0
  • Related: $238,673
  • Other: $58,793
Neil Markley (Coo/Board Secretary)
  • Compensation: $0
  • Related: $166,035
  • Other: $68,955
Amanda Visser (Chief Financial Officer)
  • Compensation: $0
  • Related: $153,366
  • Other: $54,891


Official website here: www.sonoma.edu/afd/enterprises

Where can I find the form 990 for Sonoma State Enterprises Inc?

Sonoma State Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sonoma.edu/afd/enterprises

Learn more at the official website: www.sonoma.edu/afd/enterprises

Mission Statement of Sonoma State Enterprises Inc

Sonoma State Enterprises, Inc., a non-profit auxiliary corporation of Sonoma State University, was established with a specific mission. Its primary purpose is to foster and provide facilities that support the educational development and academic services of the university. By promoting and offering these essential resources, Sonoma State Enterprises aims to contribute significantly to the student life on campus. Operating all retail and dining functions within the university, this organization plays a vital role in enhancing the overall campus experience.

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Impact




July, 2024

Sonoma State Enterprises Inc's impact is centered around providing essential services to the campus of Sonoma State University. Through its operation of all retail and dining functions on campus, Sonoma State Enterprises plays a crucial role in enhancing student life and supporting the educational development of the university. By offering these services, Sonoma State Enterprises contributes to creating a vibrant and inclusive campus environment that meets the needs of students, faculty, and staff. Overall, its mission to promote and furnish facilities for the academic services of Sonoma State University demonstrates a commitment to advancing the educational goals of the institution.




This information is meant to be a general summary of Sonoma State 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.

Revenue
$6,228,652 (2023)
Expenses
$6,684,521 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$494,144
  • Program Service Revenue: $11,860
  • Gross Receipts: $8,755,222

Assets and Liabilities:

  • Total Assets: $5,726,727
  • Total Liabilities: $917,841
  • Net Assets: $4,808,886

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Programs

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

OTHER RELATED INCOME

Revenue

$11,860

Organization Details

Founding Year

1961

Principal Officer

Amanda Visser

Main Address

1801 EAST COTATI AVENUE, ROHNERT PARK, CA, 94928

NTEE Category

Code: B43I - Education

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