Overview
What is The University Corporation?
The University Corporation, a section 509(A)(3) supporting organization of California State University, Northridge, is a nonprofit entity based in Northridge, California, with a workforce of 1053 employees. Its mission encompasses providing services and solutions to address the needs of California State University, Northridge, supporting academic research, fostering learning and professional development, and enhancing campus life. The organization performs various activities such as operating the campus bookstore, food services, vending operations, administering funds and grants, managing faculty/staff housing, and licensing campus facilities, logos, and trademarks. The University Corporation's primary role is post-award administration of sponsored programs, offering support to principal investigators and project staff through interpretation of regulations, processing expenses, payroll, human resources, risk management, financial reporting, and managing audits. A portion of the funds recovered from indirect costs is set aside in a reserve account.
Official website here: www.csun.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The University Corporation has earned a Three-Star rating from Charity Navigator, reflecting a strong score of 88% in the Accountability & Finance category. This rating highlights the organization's commitment to sound financial management and transparency. The high program expense ratio of 92.81% indicates that a significant majority of its funds are directed towards its mission-driven activities.
Strengths of The University Corporation include a well-structured board, with 8 independent members, which allows for effective governance. The organization also demonstrates robust policies in place for conflict of interest, whistleblowing, and document retention, all of which contribute to its overall accountability. Additionally, the absence of material diversion of assets suggests a trustworthy management of resources.
However, there are limitations noted in the board composition, with only 47% of board members being independent. While the organization scores well in accountability and finance, it may benefit from increasing the proportion of independent board members to further enhance its governance practices. Overall, The University Corporation shows a solid commitment to maintaining high standards in financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The University Corporation legitimate?
The University Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University 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: $238,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,191,140
For more financial information, click here
Official website here: www.csun.edu
What is the mission statement of The University Corporation?
The University Corporation is a supporting organization for California State University, Northridge, with a mission to cater to the needs of the university. They aim to enhance academic research and creative pursuits of students, faculty, and staff, and improve campus life. Through various activities, the University Corporation fosters learning and professional development, enabling its staff to deliver exceptional customer service to the university community. Some of their undertakings include managing the campus bookstore, food services, vending operations, and administration of funds and grants. They also oversee faculty/staff housing programs, off-campus research, and administrative buildings, as well as license campus facilities, logos, and trademarks.
Official website here: www.csun.edu
What is the revenue of The University Corporation?
The University Corporation's revenue in 2024 was $50,736,157.
Official website here: www.csun.edu
Who are the executives of The University Corporation and what are their salaries?
The average compensation at The University Corporation during 2024 was $15,227. There are 1276 employees and 7 volunteers at The University Corporation.
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $513,675
- Other: $82,937
- Compensation: $0
- Related: $302,292
- Other: $124,468
- Compensation: $0
- Related: $206,372
- Other: $77,099
- Compensation: $0
- Related: $172,206
- Other: $84,027
- Compensation: $0
- Related: $163,963
- Other: $60,496
- Compensation: $0
- Related: $170,974
- Other: $48,442
- Compensation: $0
- Related: $137,406
- Other: $66,544
- Compensation: $127,430
- Related: $0
- Other: $44,392
- Compensation: $133,406
- Related: $0
- Other: $31,222
- Compensation: $123,908
- Related: $0
- Other: $34,943
- Compensation: $141,554
- Related: $0
- Other: $9,177
- Compensation: $122,822
- Related: $0
- Other: $1,174
- Compensation: $113,419
- Related: $0
- Other: $29,755
- Compensation: $116,992
- Related: $0
- Other: $21,409
- Compensation: $0
- Related: $68,220
- Other: $84
- Compensation: $0
- Related: $15,924
- Other: $0
- Compensation: $0
- Related: $11,563
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.csun.edu
Where can I find the form 990 for The University Corporation?
The University Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.csun.edu
Learn more at the official website: www.csun.edu
Mission Statement of The University Corporation
The University Corporation, a section 509(a)(3) supporting organization of California State University, Northridge, is dedicated to providing essential services and solutions to enhance the academic experience and campus life for students, faculty, and staff. By fostering a culture of learning and professional development, the University Corporation empowers its team to deliver the highest standard of customer service to the university community.
In alignment with California State University, Northridge's mission, The University Corporation undertakes various activities that cater to the needs of the university. These activities encompass operating the campus bookstore, food services, vending operations, administering various funds and grants, managing campus faculty/staff housing programs, and the licensing of campus facilities, logos, and trademarks. Additionally, it oversees off-campus research and administrative buildings.
The University Corporation's primary goal is to support the academic research and creative endeavors of the students, faculty, and staff at California State University, Northridge. By offering an array of services, it enables the university community to focus on their studies and research, ultimately contributing to the institution's growth and success. Through its proactive and resourceful approach, The University Corporation continues to make a significant impact on the lives of those it serves, elevating the quality of campus life.
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Impact
October, 2024
The University Corporation significantly impacts California State University, Northridge by providing essential services and solutions that enhance the campus's educational and operational environment. Its mission supports academic research and creative endeavors, empowering students, faculty, and staff to thrive. By managing grants and contracts, the organization ensures efficient post-award administration, helping principal investigators navigate complex regulations and facilitating the financial and administrative aspects of sponsored programs.
Through its various activities, The University Corporation operates key campus services, including the bookstore, food services, and vending operations, which contribute to a vibrant campus life. Additionally, it manages faculty and staff housing programs and oversees off-campus research facilities. The organization's commitment to professional development fosters a proactive staff dedicated to delivering high-quality customer service to the university community.
By allocating indirect cost recovery funds wisely, The University Corporation supports long-term initiatives that benefit the university. Overall, its multifaceted approach not only bolsters the academic mission but also enriches the overall experience for students and faculty, making a lasting positive impact on the university community.
This information is meant to be a general summary of The University 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 2024.
- Investment Income: $1,313,452
- Program Service Revenue: $48,832,188
- Gross Receipts: $64,705,163
Assets and Liabilities:
- Total Assets: $72,399,282
- Total Liabilities: $23,841,512
- Net Assets: $48,557,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT ADMINISTRATION
Revenue
$38,174,665
AUXILIARY SERVICES
Revenue
$9,546,824
UNIVERSITY PROJECTS
Revenue
$1,110,699
Organization Details
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