Skip to content
Nonprofiteer
← THE UNIVERSITY CORPORATION SAN FRANCISCO STATE

Form 990 for tax year 2022

Filed by THE UNIVERSITY CORPORATION SAN FRANCISCO STATE.

Totals

Total revenue
$28,919,242
Total expenses
$22,978,080
Contributions and grants received
$21,293,606
Grants paid
$3,307,817
Program service revenue
$6,161,008
Investment income
$1,009,147
Other revenue
$455,481
Total assets, end of year
$80,444,751
Total liabilities, end of year
$29,500,358
Net assets or fund balances, end of year
$50,944,393
Program services expenses (Part IX)
$15,980,814
Management and general expenses
$6,997,266
Fundraising expenses
$0
Program service expenses (Part III)
$15,980,814

Program services were 69.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $53,319

  • 1c · Fundraising events

    $71,025

  • 1d · Related organizations

    $9,152,994

  • 1f · All other contributions, gifts and grants

    $12,016,268

  • 1g · Noncash contributions included above

    $52,080

  • 2a · Program service revenue: PROJECT REVENUE

    total $2,880,820 · related or exempt $2,829,903 · unrelated business $50,917

  • 2b · Program service revenue: FACILITIES RENTAL

    total $2,503,596 · related or exempt $2,293,981 · unrelated business $209,615

  • 2c · Program service revenue: COMMISSIONS EARNED

    total $421,106 · related or exempt $421,106

  • 2d · Program service revenue: REGISTRATION FEES

    total $355,486 · related or exempt $355,486

  • 3 · Investment income

    total $853,341 · unrelated business -$356,691 · excluded $1,210,032

  • 7a · Gross sales of assets other than inventory

    securities $17,350,045

  • 7b · Less cost or other basis and sales expenses

    securities $17,194,239

  • 7c · Gain or loss

    securities $155,806

  • 7d · Net gain or loss

    total $155,806 · excluded $155,806

  • 8a · Fundraising events: gross income

    $68,375

  • 8a · Fundraising events: contributions included on line 1c

    $71,025

  • 8b · Fundraising events: direct expenses

    $186,315

  • 8c · Net income from fundraising events

    total -$117,940 · excluded -$117,940

  • 10a · Gross sales of inventory

    $1,029,928

  • 10b · Cost of goods sold

    $475,572

  • 10c · Net income from sales of inventory

    total $554,356 · related or exempt $554,356

  • 11a · Other revenue: OTHER OPERATING REVENUE

    total $19,065 · related or exempt $15,037 · unrelated business $4,028

  • 11e · Other revenue, total

    $19,065

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,307,817 · program services $3,307,817

  • 7 · Other salaries and wages

    total $5,072,260 · program services $4,435,001 · management and general $637,259

  • 8 · Pension plan contributions

    total $23,616 · program services $19,460 · management and general $4,156

  • 9 · Other employee benefits

    total $1,459,084 · program services $1,202,337 · management and general $256,747

  • 11b · Fees: legal

    total $4,445 · management and general $4,445

  • 11c · Fees: accounting

    total $52,770 · management and general $52,770

  • 11f · Fees: investment management

    total $161,488 · management and general $161,488

  • 11g · Fees: other

    total $223,101 · program services $140,961 · management and general $82,140

  • 12 · Advertising and promotion

    total $20,404 · program services $20,404

  • 13 · Office expenses

    total $904,258 · program services $727,145 · management and general $177,113

  • 16 · Occupancy

    total $1,769,936 · program services $702,530 · management and general $1,067,406

  • 17 · Travel

    total $282,155 · program services $277,330 · management and general $4,825

  • 19 · Conferences, conventions and meetings

    total $85,777 · program services $83,808 · management and general $1,969

  • 20 · Interest

    total $260,822 · management and general $260,822

  • 22 · Depreciation, depletion and amortization

    total $574,772 · management and general $574,772

  • 23 · Insurance

    total $93,487 · program services $9,308 · management and general $84,179

  • 24a · Other expenses: CONTRACTUAL SERVICES

    total $2,962,626 · program services $241,075 · management and general $2,721,551

  • 24b · Other expenses: STIPENDS

    total $2,379,579 · program services $2,379,579

  • 24c · Other expenses: ALL OTHER EXPENSES

    total $2,188,550 · program services $1,283,265 · management and general $905,285

  • 24d · Other expenses: TUITION & FEES

    total $578,828 · program services $578,828

  • 24e · All other expenses

    total $572,305 · program services $571,966 · management and general $339

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $777,111 · end of year $2,157,351

  • 2 · Savings and temporary cash investments

    beginning of year $400,658 · end of year $451,603

  • 3 · Pledges and grants receivable

    beginning of year $5,894,152 · end of year $5,090,626

  • 4 · Accounts receivable

    beginning of year $1,443,978 · end of year $1,555,132

  • 8 · Inventories for sale or use

    beginning of year $13,440 · end of year $22,904

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,600 · end of year $60,790

  • 10a · Land, buildings and equipment: cost or other basis

    $15,561,005

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,314,968

  • 10c · Land, buildings and equipment, net

    beginning of year $10,431,565 · end of year $10,246,037

  • 11 · Investments: publicly traded securities

    beginning of year $16,588,618 · end of year $18,392,480

  • 12 · Investments: other securities

    beginning of year $18,180,316 · end of year $22,694,793

  • 15 · Other assets

    beginning of year $20,493,983 · end of year $19,773,035

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,235,002 · end of year $1,436,013

  • 19 · Deferred revenue

    beginning of year $19,955,656 · end of year $18,563,715

  • 25 · Other liabilities

    beginning of year $9,830,620 · end of year $9,500,630

  • 29 · Capital stock, trust principal or current funds

    beginning of year -$1,657,405 · end of year -$1,807,320

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $10,431,565 · end of year $10,246,037

  • 31 · Retained earnings, endowment or other funds

    beginning of year $34,447,983 · end of year $42,505,676

Mission and programs · 2022

Mission

THE PURPOSE OF THE UNIVERSITY CORPORATION IS TO PROMOTE, ASSIST, AND ENHANCE THE EDUCATIONAL MISSION OF SAN FRANCISCO STATE UNIVERSITY THROUGH EDUCATIONAL PROJECTS, UNIVERSITY RESEARCH AND DEVELOPMENT PROJECTS, AND COMMUNITY OUTREACH.

Activities or mission (Part I)

UNIVERSITY CORPORATION SERVES AS AN AUXILIARY ORGANIZATION OF SAN FRANCISCO STATE UNIVERSITY.

  • THE GENENTECH SCHOLARS GRANT PROGRAM SEEKS TO SIGNIFICANTLY ADVANCE THE ACADEMIC ACHIEVEMENT AND RETENTION OF FRESHMEN AND SOPHOMORE STUDENTS IN BIOLOGY, CHEMISTRY, AND BIOCHEMISTRY BY PROVIDING TUTORING, SEMINARS, WORKSHOPS, PROVIDING DIRECT STUDENT SUPPORT, AND COVERING SALARIES AND CONSULTANTS.

    Expenses $2,043,214

  • COMMENCEMENT FUND PROVIDES FUNDING FOR THE PLANNING AND ADMINISTRATION OF THE UNIVERSITY'S ANNUAL COMMENCEMENT.

    Expenses $613,845 · Revenue $544,829

  • THE HERBST FOUNDATION GRANT IS MULTI-YEAR GRANT PROVIDED TO ASSIST TOWARD THE CONSTRUCTION OF A NEW BUILDING ON CAMPUS TO HOUSE THE BROADCAST AND ELECTRONIC ARTS DEPARTMENT. IT INVOLVED THE NAMING OF THE LOBBY SPACE IN THE NEW BUILDING.

    Expenses $500,000

  • THE GENENTECH FOUNDATION GRANT IS A MULTI-YEAR GRANT PROVIDED TO ASSIST SFSU FRESHMEN/SOPHOMORE SCHOLARS INVOLVED IN REASEARCH AND BUILD STRONG COMMUNITY WITHIN STEM AT THIS EARLY STAGE.

    Expenses $395,317

  • OTHER PROGRAM SERVICES:-IN KEEPING WITH THE MISSION OF THE UNIVERSITY CORPORATION, EXPENSES INCURRED IN THE OTHER LIFE-LONG LEARNING INSTITUTE IS AN ACTIVE COMMUNITY PEERS AGE 50 AND UP ENGAGED IN LEARNING THROUGH THREE AND SIX WEEK CLASSES, INTEREST GROUPS AND EVENTS AT THE SF STATE DOWNTOWN AND MAIN CAMPUSES.-THE RET (REHABILITATION ENGINEERING TECHNOLOGY) PROJECT PROVIDES TECHNOLOGY SOLUTIONS FOR PEOPLE WITH DISABILITIES AND INJURIES. PROVIDING TRAINING TO STUDENTS IN THE REHABILIATION COUNSELING PROGRAM AND PROVIDES DIRECT SERVICES TO STAFF AND FACULTY THROUGH SFSU RISK MANAGEMENT AND PUBLIC AND PRIVATE ENTITIES IN SAN FRANCISCO AND THE GREATER BAY AREA.-SIERRA NEVADA FIELD CAMPUS MAJOR RENOVATIONS FOR SATELLITE CAMPUS OFFERRING CLASSES AND WORKSHOPS DEDICATAED TO PROMOTING AN UNDERSTANDING AND APPRECIATION OF THE BIOLOGICAL DIVERSITY, GEOSCIENCES, HYDROLOGY, ASTRONOMY, PLIEN AIR ART AND WRITTEN WORD IN THE GOLD LAKES BASIN AND SIERRA VALLY REGIONS OF THE SIERRA NEVADA THROUGH EDUCATION AND RESEARCH.-THE MARCUS FUND FOR EXCELLENCE IN CINEMA WHICH SUPPORTS THE OBJECTIVES OF THE CINEMA DEPARTMENT INCLUDING NEW EQUIPMENT ACQUISTION AND UPGRADES, NEW CURRICULUM DEVELOPMENT, FACULTY RESEARCH AND CREATIVE PROJECTS AND ADDITIONAL OBJECTIVIES AS NEEDED AND APPROPRIATE TO THE PURPOSE OF THE FUND.-CENTER FOR WORKFORCE OF THE FUTURE IS A ONE-STOP SHOP FOR MEANINGFUL CORPORATE AND INDUSTRY ENGAGEMENT WITH STUDENTS AND FACULTY. THE CENTER WILL INCLUDE 21ST CENTURY CAREER AND LEADERSHIP DEVELOPMENT; CORPORATE PARTNERSHIP PROGRAMS FOR CUSTOMIZED STUDENT TRAINING AND DEVELOPMENT TO ENSURE CAREER-READY GRADUATES; AND THE INTEGRATION OF CONTEMPORARY BUSINESS CHALLENGES WITH LEADING-EDGE FACULTY RESEARCH AND CURRICULUM DESIGN.-UPSWING GRANT PROVIDES SUPPORT FOR ADOLESCENT MENTAL HEALTH PROGRAMS.

    Expenses $12,428,438 · Grants $3,307,817 · Revenue $5,925,040

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRIAN BEATTY

    DIRECTOR

    Total calculated
    $196,705
    From this org
    $0
    From related orgs
    $133,582
    Other
    $63,123
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $125,582 related
    Bonus
    $0 + $8,000 related
    Other
    $0
    Deferred
    $0 + $34,932 related
    Nontaxable benefits
    $0 + $28,191 related
    Filer's total
    $0 + $196,705 related

  • JASON BELL

    DIRECTOR

    Total calculated
    $20,151
    From this org
    $0
    From related orgs
    $20,099
    Other
    $52
    Hours/week
    1 + 39 related

  • YVONNE BUI

    SECRETARY

    Total calculated
    $236,637
    From this org
    $0
    From related orgs
    $170,684
    Other
    $65,953
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,934 related
    Bonus
    $0 + $9,750 related
    Other
    $0
    Deferred
    $0 + $41,005 related
    Nontaxable benefits
    $0 + $24,948 related
    Filer's total
    $0 + $236,637 related

  • LY CHAU

    DIRECTOR

    Total calculated
    $183,430
    From this org
    $0
    From related orgs
    $120,317
    Other
    $63,113
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $114,545 related
    Bonus
    $0 + $5,772 related
    Other
    $0
    Deferred
    $0 + $35,477 related
    Nontaxable benefits
    $0 + $27,636 related
    Filer's total
    $0 + $183,430 related

  • ANOSHUA CHAUDHURI

    VICE-CHAIR

    Total calculated
    $232,080
    From this org
    $0
    From related orgs
    $157,784
    Other
    $74,296
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,584 related
    Bonus
    $0 + $7,200 related
    Other
    $0
    Deferred
    $0 + $40,820 related
    Nontaxable benefits
    $0 + $33,476 related
    Filer's total
    $0 + $232,080 related

  • GENE CHELBERG

    DIRECTOR (THRU 12/2022)

    Total calculated
    $221,279
    From this org
    $0
    From related orgs
    $151,035
    Other
    $70,244
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,208 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $327 related
    Deferred
    $0 + $46,277 related
    Nontaxable benefits
    $0 + $23,967 related
    Filer's total
    $0 + $221,279 related

  • JAMILLAH MOORE

    DIRECTOR

    Total calculated
    $365,247
    From this org
    $0
    From related orgs
    $255,192
    Other
    $110,055
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,554 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $138 related
    Deferred
    $0 + $78,281 related
    Nontaxable benefits
    $0 + $31,774 related
    Filer's total
    $0 + $365,247 related

  • NEIL COHEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TREVOR GETZ

    CHAIR

    Total calculated
    $212,581
    From this org
    $0
    From related orgs
    $138,319
    Other
    $74,262
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $132,319 related
    Bonus
    $0 + $6,000 related
    Other
    $0
    Deferred
    $0 + $40,655 related
    Nontaxable benefits
    $0 + $33,607 related
    Filer's total
    $0 + $212,581 related

  • MICHAEL GOLDMAN

    DIRECTOR

    Total calculated
    $199,916
    From this org
    $0
    From related orgs
    $146,523
    Other
    $53,393
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $141,523 related
    Bonus
    $0 + $5,000 related
    Other
    $0
    Deferred
    $0 + $39,484 related
    Nontaxable benefits
    $0 + $13,909 related
    Filer's total
    $0 + $199,916 related

  • SYLVIA PIAO

    DIRECTOR

    Total calculated
    $227,550
    From this org
    $0
    From related orgs
    $158,625
    Other
    $68,925
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $154,987 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $138 related
    Deferred
    $0 + $47,378 related
    Nontaxable benefits
    $0 + $21,547 related
    Filer's total
    $0 + $227,550 related

  • JASON PORTH

    EXECUTIVE DIRECTOR

    Total calculated
    $338,662
    From this org
    $0
    From related orgs
    $238,587
    Other
    $100,075
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,997 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $90 related
    Deferred
    $0 + $72,318 related
    Nontaxable benefits
    $0 + $27,757 related
    Filer's total
    $0 + $338,662 related

  • KAL SALAMA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRISTY STEVENS

    DIRECTOR

    Total calculated
    $199,623
    From this org
    $0
    From related orgs
    $145,535
    Other
    $54,088
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $141,897 related
    Bonus
    $0 + $3,500 related
    Other
    $0 + $138 related
    Deferred
    $0 + $43,188 related
    Nontaxable benefits
    $0 + $10,900 related
    Filer's total
    $0 + $199,623 related

  • ROB STRONG

    DIRECTOR

    Total calculated
    $92,568
    From this org
    $0
    From related orgs
    $71,824
    Other
    $20,744
    Hours/week
    1 + 39 related

  • IESE ESERA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 21 related

  • MOHIT MALIK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 20 related

  • ERSA RAO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAY ORENDORFF

    DIRECTOR (THRU 12/2022)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE EXECUTIVE DIRECTOR OF THE UNIVERSITY CORPORATION IS COMPENSATED BY SAN FRANCISCO STATE UNIVERSITY ("SFSU"), A RELATED ORGANIZATION. SFSU UTILIZES THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTORS: COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND BOARD OR COMMITTEE APPROVAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202411369349318351

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.