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California State University Long Beach Research Foundation

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

EIN: 956106694 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

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Overview

What is California State University Long Beach Research Foundation?

The California State University Long Beach Research Foundation is a nonprofit organization based at 6300 E State University Dr 332, Long Beach, CA 90815. Established to support and advance the mission of California State University, Long Beach, the Foundation engages in various activities, including grants and contracts, campus programs, public-private partnerships, technology transfer, and entrepreneurial endeavors. This diverse range of initiatives complements and strengthens the University's educational, research, creative, and public service objectives. The Foundation's primary focus is on research, entrepreneurship, community service, and sponsored programs. With a workforce of approximately 1500 employees, the California State University Long Beach Research Foundation plays a vital role in enhancing the University's impact and achievements.


Official website here: www.foundation.csulb.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, earning it a Two-Star out of Four Star rating.

The California State University Long Beach Research Foundation has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. While it has strengths in areas like financial oversight and compliance with document retention policies, the lack of independent board members and a concerning liabilities to assets ratio raises questions about its governance and financial stability.

The foundation demonstrates strong program expense ratios, indicating that it allocates a significant portion of its resources to its programs. However, the absence of independent directors and a small board size may limit the effectiveness of its oversight, potentially impacting its long-term sustainability.

Despite these challenges, the foundation maintains a solid framework for whistleblower protections and conflict of interest policies, which are critical for transparency. Moving forward, addressing the governance structure and improving financial ratios could enhance its overall rating and effectiveness.


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

Is California State University Long Beach Research Foundation legitimate?

California State University Long Beach Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California State University Long Beach Research Foundation 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: $304,594
Professional Fundraising Fees: $25,000
Other Salaries and Wages: $21,627,717

For more financial information, click here


Official website here: www.foundation.csulb.edu

What is the mission statement of California State University Long Beach Research Foundation?

The California State University Long Beach Research Foundation is a non-profit organization dedicated to supporting and advancing the mission of California State University, Long Beach. It achieves this by engaging in research, entrepreneurship, community service, sponsored programs, and the acquisition of private resources. The foundation's activities complement and strengthen the university's teaching, research, scholarly, creative, and public service goals through various opportunities such as grants and contracts, campus programs, public-private partnerships, technology transfer, and other entrepreneurial initiatives.


Official website here: www.foundation.csulb.edu

Who is the CEO of California State University Long Beach Research Foundation?

Scott Apel is the Treasurer/Ceo of California State University Long Beach Research Foundation. The CEO's salary of California State University Long Beach Research Foundation is $7,200 and their total compensation is $392,082.


Official website here: www.foundation.csulb.edu

What is the revenue of California State University Long Beach Research Foundation?

California State University Long Beach Research Foundation's revenue in 2023 was $56,437,353.


Official website here: www.foundation.csulb.edu

Who are the executives of California State University Long Beach Research Foundation and what are their salaries?

The average compensation at California State University Long Beach Research Foundation during 2023 was $14,372. There are 1526 employees and 90 volunteers at California State University Long Beach Research Foundation.


Here are 18 key members and their salaries (California State University Long Beach Research Foundation's CEO's salary is $7,200 and their total compensation is $392,082):


Dr Jane Conoley (Chair)
  • Compensation: $12,000
  • Related: $519,629
  • Other: $129,072
Dr Karyn Scissum Gunn (Vice Chair)
  • Compensation: $7,200
  • Related: $310,162
  • Other: $51,557
Scott Apel (Treasurer/Ceo)
  • Compensation: $7,200
  • Related: $270,433
  • Other: $114,449
Dr Simon Kim (Secretary)
  • Compensation: $23,434
  • Related: $198,140
  • Other: $80,454
Dr Stephen Mezyk (Director)
  • Compensation: $14,244
  • Related: $153,600
  • Other: $57,926
Dr Curtis Bennett (Director)
  • Compensation: $0
  • Related: $198,383
  • Other: $67,210
Dr Brian Nowlin (Director/Coo)
  • Compensation: $205,750
  • Related: $0
  • Other: $30,821
Mary Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Frear (Director)
  • Compensation: $0
  • Related: $113,926
  • Other: $58,084
Darick Simpson (Director (Thru 6/13/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Julian (Student Body Pres (Thru 5/31/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitali Jain (Student Body Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Ordonez (Asst Treasurer)
  • Compensation: $0
  • Related: $208,261
  • Other: $76,932
Elizabeth Pringle-Hornsby (Project Coordinator)
  • Compensation: $150,580
  • Related: $0
  • Other: $33,109
Arlinda Reyes (Director Of Finance And Reporting)
  • Compensation: $137,524
  • Related: $0
  • Other: $30,320
Daniel Monson (Mens Head Basketball Coach)
  • Compensation: $262,690
  • Related: $287,411
  • Other: $117,915
Ron Mark (Program Director)
  • Compensation: $164,303
  • Related: $0
  • Other: $41,899
Dr Maria Reyes (Director Of Sponsored Programs)
  • Compensation: $134,784
  • Related: $0
  • Other: $33,394


Official website here: www.foundation.csulb.edu

Where can I find the form 990 for California State University Long Beach Research Foundation?

California State University Long Beach Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundation.csulb.edu

Learn more at the official website: www.foundation.csulb.edu

Mission Statement of California State University Long Beach Research Foundation

The California State University Long Beach Research Foundation is a nonprofit organization dedicated to advancing the mission of California State University, Long Beach (CSULB) by engaging in research, entrepreneurship, community service, sponsored programs, and the acquisition of private resources. The Foundation's primary goal is to complement and strengthen the University's teaching, research, scholarly, creative, and public service goals through various opportunities.

To fulfill this purpose, the CSULB Research Foundation pursues grants and contracts, campus programs, public-private partnerships, technology transfer, and other entrepreneurial activities. By doing so, it supports the University's efforts in expanding its research capacity and fostering innovation. With a commitment to the community, the Foundation also engages in community service projects and sponsored programs, contributing to the betterment of local and global communities.

The CSULB Research Foundation serves as a vital link between the University and external resources, enabling CSULB to enhance its academic and research programs. Through its activities, the Foundation not only facilitates the University's growth and development but also strives to create a positive impact on society by tackling pressing issues and generating new knowledge. By focusing on these areas, the CSULB Research Foundation plays a crucial role in supporting CSULB's mission and contributing to the advancement of higher education.

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Impact




October, 2024

California State University Long Beach Research Foundation significantly enhances the university's mission through its focused support of research, community service, entrepreneurship, and sponsored programs. By pursuing diverse opportunities in grants and contracts, campus programs, and public-private partnerships, the foundation plays a crucial role in complementing and strengthening the university's teaching and research endeavors.

Its impact extends to technology transfer and various entrepreneurial activities, which facilitate innovative solutions and advancements within the academic community. The foundation's efforts not only bolster the university’s scholarly contributions but also engage with the broader community, fostering a culture of collaboration and support. Ultimately, the California State University Long Beach Research Foundation is instrumental in cultivating an environment that promotes education, research excellence, and community engagement, thereby advancing both the university's goals and the welfare of the community it serves.




This information is meant to be a general summary of California State University Long Beach Research Foundation. 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
$56,437,353 (2023)
Expenses
$49,180,913 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $673,981
  • Program Service Revenue: $11,068,056
  • Gross Receipts: $69,525,113

Assets and Liabilities:

  • Total Assets: $181,939,719
  • Total Liabilities: $132,458,090
  • Net Assets: $49,481,629

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Programs

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

DORMITORY AND FACILITIES LEASE

Revenue

$3,586,106

GASB 87 INTEREST FROM LEASE

Revenue

$2,542,953

LEARNING CENTERS

Revenue

$2,354,636

ATHLETIC CAMPS & EVENTS

Revenue

$949,692

ADMIN FEES

Revenue

$810,072

Organization Details

Founding Year

1956

Principal Officer

Scott Apel

Main Address

6300 E STATE UNIVERSITY DR 332, LONG BEACH, CA, 90815

NTEE Category

Code: B110 - Education

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