Overview
What is Cal Poly Pomona Foundation Inc?
Cal Poly Pomona Foundation Inc, based at 3801 WEST TEMPLE AVE in Pomona, California, is a nonprofit organization dedicated to enhancing the educational experience at California State Polytechnic University, Pomona. They primarily support and assist the university through enterprise and program activities. Dining Services is one of their initiatives, operating a diverse range of dining venues for students, faculty, staff, and other university constituents. Their mission is to provide quality, affordable food services while offering valuable employment opportunities for over 500 students. The Foundation's total workforce consists of 1490 employees. Their dining services not only cater to the needs of the university community but also provide essential student work experiences and resource support.
Official website here: www.foundation.cpp
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
Cal Poly Pomona Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of performance, particularly in the area of Accountability and Finance. The charity's score reflects a strong commitment to transparency and governance, shown by its adherence to various best practices, such as having an audit and oversight committee and maintaining clear policies on conflicts of interest and whistleblowing.
While the foundation demonstrates strengths in financial transparency, there is a notable area of concern regarding its board structure; it scored 0 out of 8 points for having a majority of independent board members. This could raise questions about the potential for conflicts of interest and the overall governance of the organization. Additionally, the organization's liabilities to assets ratio did not receive any points, which may indicate financial vulnerabilities.
Overall, the foundation displays a strong commitment to accountability through various policies and financial management practices, while also highlighting areas that may require improvement, particularly in board independence and financial ratios. Donors and stakeholders may want to consider these factors when evaluating the organization's overall impact and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Cal Poly Pomona Foundation Inc legitimate?
Cal Poly Pomona Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Poly Pomona Foundation 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: $1,173,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,161,263
For more financial information, click here
Official website here: www.foundation.cpp
What is the mission statement of Cal Poly Pomona Foundation Inc?
The Cal Poly Pomona Foundation Inc is primarily committed to supporting and promoting the educational programs at California State Polytechnic University, benefiting students, faculty, staff, alumni, and visitors. The organization engages in enterprise and program support activities to aid the educational mission of the university. One of its ventures is Dining Services, which operates a diverse array of dining venues for the convenience of students, faculty, and staff. The mission of the Dining Services enterprise is to deliver quality food at affordable prices while providing valuable work opportunities for students and resource support to the university community. Each year, over 500 students gain leadership skills and work experiences by working in residential and retail dining operations.
Official website here: www.foundation.cpp
Who is the CEO of Cal Poly Pomona Foundation Inc?
Jared Ceja is the CEO of Cal Poly Pomona Foundation Inc The CEO's salary of Cal Poly Pomona Foundation Inc is $232,116 and their total compensation is $302,346.
Official website here: www.foundation.cpp
What is the revenue of Cal Poly Pomona Foundation Inc?
Cal Poly Pomona Foundation Inc's revenue in 2024 was $97,840,823.
Official website here: www.foundation.cpp
Who are the executives of Cal Poly Pomona Foundation Inc and what are their salaries?
The average compensation at Cal Poly Pomona Foundation Inc during 2024 was $10,230. There are 2672 employees and 350 volunteers at Cal Poly Pomona Foundation Inc.
Here are 39 key members and their salaries (Cal Poly Pomona Foundation Inc's CEO's salary is $232,116 and their total compensation is $302,346):
- Compensation: $0
- Related: $461,629
- Other: $165,405
- Compensation: $0
- Related: $318,190
- Other: $123,567
- Compensation: $0
- Related: $277,180
- Other: $110,444
- Compensation: $0
- Related: $241,777
- Other: $105,258
- Compensation: $0
- Related: $284,392
- Other: $57,744
- Compensation: $2,500
- Related: $242,979
- Other: $79,825
- Compensation: $232,116
- Related: $0
- Other: $70,230
- Compensation: $169,915
- Related: $0
- Other: $68,466
- Compensation: $0
- Related: $156,901
- Other: $61,196
- Compensation: $153,148
- Related: $0
- Other: $58,634
- Compensation: $2,649
- Related: $140,622
- Other: $63,660
- Compensation: $161,991
- Related: $0
- Other: $40,135
- Compensation: $147,818
- Related: $0
- Other: $42,932
- Compensation: $134,740
- Related: $0
- Other: $46,376
- Compensation: $131,280
- Related: $0
- Other: $42,718
- Compensation: $142,208
- Related: $0
- Other: $17,199
- Compensation: $139,774
- Related: $0
- Other: $16,709
- Compensation: $114,664
- Related: $0
- Other: $41,761
- Compensation: $0
- Related: $67,392
- Other: $49,483
- Compensation: $0
- Related: $77,083
- Other: $34,558
- Compensation: $0
- Related: $56,726
- Other: $29,151
- Compensation: $8,038
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.foundation.cpp
Where can I find the form 990 for Cal Poly Pomona Foundation Inc?
Cal Poly Pomona Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.foundation.cpp
Learn more at the official website: www.foundation.cpp
Mission Statement of Cal Poly Pomona Foundation Inc
Cal Poly Pomona Foundation Inc, a supportive organization, primarily focuses on aiding the educational programs at California State Polytechnic University, Pomona. Its mission is geared towards engaging in enterprise and program support activities that benefit students, faculty, staff, alumni, and visitors at the institution.
The Foundation's dining services is a significant component of its operations. Operating an assortment of dining venues, it caters to the convenience of students, faculty, staff, and other university constituents. The Dining Services entity of the Enterprise Foundation is dedicated to delivering quality food services at affordable prices, offering valuable student employment opportunities in residential and retail dining operations. Approximately 500 students from various academic backgrounds annually gain essential leadership skills and practical work experiences in these dining operations.
In summary, Cal Poly Pomona Foundation Inc is a charitable entity committed to enhancing the educational mission of California State Polytechnic University, Pomona. Through its diverse dining services, it delivers affordable, high-quality food options to the campus community while simultaneously providing beneficial work experiences for students.
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Impact
October, 2024
Cal Poly Pomona Foundation Inc significantly enhances the educational experience at California State Polytechnic University, Pomona, by supporting various programs and initiatives. One of the key areas of impact is through its dining services, which operate a diverse range of venues catering to the needs of students, faculty, staff, and other members of the university community.
By providing quality food services at affordable prices, the foundation ensures that nutrition is accessible, which is vital for the well-being and academic success of students. Moreover, the foundation creates valuable employment opportunities for over 500 students each year across different academic disciplines. These positions not only offer a source of income but also equip students with leadership skills and practical work experiences that are essential for their future careers.
Through its efforts, Cal Poly Pomona Foundation Inc actively fosters a supportive environment that benefits the entire campus community, enriching the educational journey and promoting a sense of belonging among students, faculty, and staff.
This information is meant to be a general summary of Cal Poly Pomona Foundation 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 2024.
- Investment Income: $1,265,285
- Program Service Revenue: $75,026,567
- Gross Receipts: $111,800,779
Assets and Liabilities:
- Total Assets: $190,787,176
- Total Liabilities: $145,455,525
- Net Assets: $45,331,651
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENTERPRISE ACTIVITIES
Revenue
$54,011,524
REAL ESTATE ACTIVITIES
Revenue
$11,638,090
EDUCATIONAL ACTIVITIES
Revenue
$9,376,953
Organization Details
Founding Year
1966
Principal Officer
Jared Ceja
Website
www.foundation.cppNTEE Category
Code: B110 - Education
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