Totals
- Total revenue
- $86,782,964
- Total expenses
- $78,557,414
- Contributions and grants received
- $11,605
- Grants paid
- $870,000
- Program service revenue
- $32,700,361
- Investment income
- $501,367
- Other revenue
- $53,569,631
- Total assets, end of year
- $201,763,575
- Total liabilities, end of year
- $168,310,408
- Net assets or fund balances, end of year
- $33,453,167
- Program services expenses (Part IX)
- $67,158,829
- Management and general expenses
- $11,398,585
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $67,158,829
Program services were 85.5% 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.
-
1e · Government grants (contributions)
$11,605
-
2a · Program service revenue: STUDENT APARTMENTS
total $19,447,879 · related or exempt $19,447,879
-
2b · Program service revenue: UNIVERSITY TOWERS HALL
total $4,336,218 · related or exempt $4,336,218
-
2c · Program service revenue: CAMPUS DINING SERVICES
total $4,200,741 · related or exempt $4,172,249 · unrelated business $28,492
-
2d · Program service revenue: CONFERENCE SERVICES
total $2,361,893 · related or exempt $2,210,839 · unrelated business $151,054
-
2e · Program service revenue: OTHER CAMPUS ACTIVITIE
total $1,948,304 · related or exempt $1,948,304
-
2f · All other program service revenue
total $405,326 · related or exempt $405,326
-
3 · Investment income
total $537,005 · excluded $537,005
-
6a · Gross rents
real property $2,851,536
-
6b · Less rental expenses
real property $2,650,880
-
6c · Rental income or loss
real property $200,656
-
6d · Net rental income or loss
total $200,656 · excluded $200,656
-
7a · Gross sales of assets other than inventory
other assets $21,765
-
7b · Less cost or other basis and sales expenses
other assets $57,403
-
7c · Gain or loss
other assets -$35,638
-
7d · Net gain or loss
total -$35,638 · excluded -$35,638
-
10a · Gross sales of inventory
$85,594,870
-
10b · Cost of goods sold
$32,670,015
-
10c · Net income from sales of inventory
total $52,924,855 · related or exempt $37,179,660 · unrelated business $15,745,195
-
11a · Other revenue: INTEREST REBATES
total $373,565 · excluded $373,565
-
11b · Other revenue: CUSTOMIZED PRODUCTION
total $70,555 · related or exempt $70,555
-
11e · Other revenue, total
$444,120
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $870,000 · program services $870,000
-
5 · Compensation of officers, directors and key employees
total $582,967 · program services $495,523 · management and general $87,444
-
7 · Other salaries and wages
total $23,248,734 · program services $16,921,850 · management and general $6,326,884
-
8 · Pension plan contributions
total $1,020,377 · program services $518,541 · management and general $501,836
-
9 · Other employee benefits
total $2,288,107 · program services $1,450,879 · management and general $837,228
-
10 · Payroll taxes
total $1,794,086 · program services $1,324,773 · management and general $469,313
-
11a · Fees: management
total $625,756 · program services $625,756
-
11b · Fees: legal
total $219,385 · program services $11,261 · management and general $208,124
-
11c · Fees: accounting
total $233,813 · management and general $233,813
-
11g · Fees: other
total $3,336,666 · program services $2,949,548 · management and general $387,118
-
12 · Advertising and promotion
total $1,056,826 · program services $429,270 · management and general $627,556
-
13 · Office expenses
total $3,662,731 · program services $3,420,531 · management and general $242,200
-
14 · Information technology
total $889,554 · program services $147,765 · management and general $741,789
-
15 · Royalties
total $861,608 · program services $861,608
-
16 · Occupancy
total $22,637,508 · program services $22,226,966 · management and general $410,542
-
17 · Travel
total $130,114 · program services $94,892 · management and general $35,222
-
19 · Conferences, conventions and meetings
total $17,274 · program services $3,715 · management and general $13,559
-
20 · Interest
total $4,828,856 · program services $4,828,856
-
22 · Depreciation, depletion and amortization
total $6,439,732 · program services $6,370,387 · management and general $69,345
-
23 · Insurance
total $575,543 · program services $424,883 · management and general $150,660
-
24a · Other expenses: EQUIP. RENTAL & MAINT.
total $1,063,851 · program services $1,054,535 · management and general $9,316
-
24b · Other expenses: SALES DISCOUNTS
total $1,002,008 · program services $988,672 · management and general $13,336
-
24c · Other expenses: TEMPORARY LABOR
total $892,663 · program services $877,017 · management and general $15,646
-
24d · Other expenses: MEMBERSHIP DUES
total $212,743 · program services $198,211 · management and general $14,532
-
24e · All other expenses
total $66,512 · program services $63,390 · management and general $3,122
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,172,716 · end of year $4,357,363
-
2 · Savings and temporary cash investments
beginning of year $9,442,329 · end of year $8,861,396
-
4 · Accounts receivable
beginning of year $6,189,629 · end of year $9,979,434
-
8 · Inventories for sale or use
beginning of year $4,550,728 · end of year $3,810,198
-
9 · Prepaid expenses and deferred charges
beginning of year $744,569 · end of year $707,705
-
10a · Land, buildings and equipment: cost or other basis
$230,338,243
-
10b · Land, buildings and equipment: accumulated depreciation
$67,346,721
-
10c · Land, buildings and equipment, net
beginning of year $118,190,831 · end of year $162,991,522
-
15 · Other assets
beginning of year $13,009,593 · end of year $11,055,957
-
17 · Accounts payable and accrued expenses
beginning of year $18,375,506 · end of year $18,722,221
-
19 · Deferred revenue
beginning of year $1,945,088 · end of year $2,138,576
-
25 · Other liabilities
beginning of year $111,752,184 · end of year $147,449,611
-
27 · Net assets without donor restrictions
beginning of year $25,227,617 · end of year $33,453,167
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
PROVIDE SUPPORTIVE COMMERCIAL SERVICES FOR SAN DIEGO STATE UNIVERSITY, (SEE SCHEDULE O)INCLUDING BOOKSTORE, DINING SERVICES AND STUDENT HOUSING OPERATIONS.
-
DINING SERVICES AZTEC SHOPS IS RESPONSIBLE FOR ALL RESTAURANTS AND FOOD SERVICE OUTLETS SERVING ALMOST 40,000 STUDENTS, FACULTY AND STAFF OF SAN DIEGO STATE UNIVERSITY. THE ORGANIZATION OPERATES SDSU'S MEAL PLAN PROGRAM, RESIDENCE HALL DINING PROGRAMS, CAMPUS CATERING DEPARTMENT, OUR OWN BRANDED RESTAURANTS AND CONVENIENCE STORES AS WELL AS FOOD AND BEVERAGE AT SNAPDRAGON STADIUM.
Expenses $36,537,383 · Revenue $32,027,617
-
STUDENT APARTMENTSAZTEC SHOPS OWNS SEVERAL APARTMENT COMPLEXES ADJACENT TO SAN DIEGO STATE UNIVERSITY. ALL TENANTS IN THE APARTMENTS DURING THE 2023-24 ACADEMIC YEAR WERE SDSU STUDENTS, WITH APPROXIMATELY 90% OF THE UNITS RENTED DIRECTLY BY THE UNIVERSITY FOR USE BY ITS OFFICE OF HOUSING ADMINISTRATION.
Expenses $17,255,716 · Revenue $19,447,879
-
CAMPUS STORESTHE SDSU BOOKSTORE IS ONE OF THE LARGEST VOLUME CAMPUS BOOKSTORES IN THE COUNTRY. THE 25,000 SQUARE FOOT FACILITY PROVIDES COURSE MATERIALS FOR EVERY CLASS TAUGHT AT SAN DIEGO STATE UNIVERSITY. AZTEC SHOPS ALSO OPERATES THE AZTEC STORE AT OUR IMPERIAL VALLEY CAMPUS IN CALEXICO, CALIFORNIA. THROUGH THE BOOKSTORE, SATELLITE STORE, AND ITS WEBSITE, AZTEC SHOPS IS THE PREFERRED PROVIDER OF SDSU IMPRINTED CLOTHING AND MERCHANDISE FOR CURRENT STUDENTS AS WELL AS MORE THAN 200,000 LIVING ALUMNI OF SAN DIEGO STATE UNIVERSITY.
Expenses $6,842,043 · Revenue $10,469,188
-
UNIVERSITY TOWERS RESIDENCE HALLAZTEC SHOPS OWNS AND OPERATES, IN CONJUNCTION WITH SAN DIEGO STATE UNIVERSITY'S OFFICE OF HOUSING ADMINISTRATION, THE UNIVERSITY TOWERS RESIDENCE HALL ON THE CAMPUS OF SAN DIEGO STATE UNIVERSITY. UNIVERSITY TOWERS WAS THE "HOME AWAY FROM HOME" FOR MORE THAN 500 STUDENTS OF SAN DIEGO STATE DURING THE 2023-2024 ACADEMIC YEAR, PROVIDING A LIVING ENVIRONMENT FOSTERING ACADEMIC EXCELLENCE AND PERSONAL GROWTH.
Expenses $3,584,096 · Revenue $4,336,217
-
CONFERENCE SERVICESSDSU CONFERENCE SERVICES SERVES GROUPS RANGING IN SIZE FROM 10 TO 12,000 ATTENDING CONFERENCES AND WORKSHOPS ON CAMPUS, PRIMARILY DURING THE SUMMER MONTHS. TO HELP MAKE EACH GATHERING A SUCCESS, SDSU CONFERENCE SERVICES FOCUSES ON ADVANCE PREPARATION AND PLANNING ASSISTANCE. CONFERENCE PLANNING ENCOMPASSES VARIOUS ON-CAMPUS SERVICES, INCLUDING FACILITIES, INSTRUCTIONAL MEDIA ASSISTANCE, DINING SERVICES, AND HOUSING ACCOMMODATIONS.
Expenses $2,069,591 · Revenue $2,361,893
-
MISCELLANEOUS INCOMERECEIPTS AND REIMBURSEMENTS FOR VARIOUS COMMERCIAL SERVICES PROVIDED BY AZTEC SHOPS TO THE SAN DIEGO STATE UNIVERSITY CAMPUS COMMUNITY.
Revenue $848,722
-
RENTAL OF FACILITIES SDSU'S WORLD CAMPUS OFFERS CERTIFICATE PROGRAMS FOR CAREER ADVANCEMENT, MASTER'S DEGREE PROGRAMS AND ESL INSTRUCTION. AZTEC SHOPS PROVIDES FACILITIES FOR RENT TO SAN DIEGO STATE UNIVERSITY FOR THEIR WORLD CAMPUS.
Revenue $430,568
-
GRANT ALLOCATIONSAZTEC SHOPS, AT THE DISCRETION OF ITS BOARD OF DIRECTORS, PROVIDES FOR ANNUAL ALLOCATIONS TO SAN DIEGO STATE UNIVERSITY AND ITS AFFILIATED ORGANIZATIONS. DURING THE CURRENT YEAR, ALLOCATIONS WERE MADE TO THE ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY AND SAN DIEGO STATE UNIVERSITY.
Expenses $870,000 · Grants $870,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nikhil VaraiyaNIKHIL VARAIYA
BOARD MEMBER (SDSU EMP)
- Total calculated
- $78,915
- From this org
- $0
- From related orgs
- $78,831
- Other
- $84
- Hours/week
- 2 + 40 related
-
Dr Chris ManningDR CHRIS MANNING
UNIV BOARD MEMBER - AS OF 04/2024
- Total calculated
- $0
- Hours/week
- 2 + 40 related
-
Carl WinstonCARL WINSTON
CHAIRPERSON (SDSU EMP)
- Total calculated
- $245,797
- From this org
- $0
- From related orgs
- $173,881
- Other
- $71,916
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $173,881 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $56,951 related
- Nontaxable benefits
- $0 + $14,965 related
- Filer's total
- $0 + $245,797 related
-
Anges Wong NickersonANGES WONG NICKERSON
SEC/TREASURER (SDSU EMP)
- Total calculated
- $442,213
- From this org
- $0
- From related orgs
- $327,145
- Other
- $115,068
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $317,749 related
- Bonus
- $0
- Other
- $0 + $9,396 related
- Deferred
- $0 + $101,303 related
- Nontaxable benefits
- $0 + $13,765 related
- Filer's total
- $0 + $442,213 related
-
Brittany Santos-DeriegBRITTANY SANTOS-DERIEG
BOARD MEMBER (SDSU EMP)
- Total calculated
- $271,200
- From this org
- $0
- From related orgs
- $195,627
- Other
- $75,573
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $195,567 related
- Bonus
- $0
- Other
- $0 + $60 related
- Deferred
- $0 + $46,733 related
- Nontaxable benefits
- $0 + $28,840 related
- Filer's total
- $0 + $271,200 related
-
Christy SamarkosCHRISTY SAMARKOS
BRD MEMBER (SDSU EMP) - THRU 04/2024
- Total calculated
- $338,539
- From this org
- $0
- From related orgs
- $234,180
- Other
- $104,359
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $234,042 related
- Bonus
- $0
- Other
- $0 + $138 related
- Deferred
- $0 + $75,519 related
- Nontaxable benefits
- $0 + $28,840 related
- Filer's total
- $0 + $338,539 related
-
Leanne LocanoLEANNE LOCANO
STUDENT BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kellen BrownKELLEN BROWN
STUDENT BOARD MEMBER - AS OF 09/2023
- Total calculated
- $0
- Hours/week
- 2
-
Tyler MorganTYLER MORGAN
STUDENT BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Katarina HernandezKATARINA HERNANDEZ
STUDENT VICE CHAIR - AS OF 05/2024
- Total calculated
- $0
- Hours/week
- 2
-
Tarek MorsyTAREK MORSY
STUDENT VICE CHAIR - THRU 05/2024
- Total calculated
- $0
- Hours/week
- 2
-
Leilani AndersonLEILANI ANDERSON
STUDENT BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sabrina SimonSABRINA SIMON
STUDENT BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Elliot ScottELLIOT SCOTT
COMM. BOARD MEMBER - AS OF 09/2023
- Total calculated
- $0
- Hours/week
- 2
-
Todd SummerTODD SUMMER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $342,867
- From this org
- $270,133
- From related orgs
- $0
- Other
- $72,734
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $218,081
- Bonus
- $48,962
- Other
- $3,090
- Deferred
- $54,483
- Nontaxable benefits
- $18,251
- Filer's total
- $342,867
-
Heather HawkinsHEATHER HAWKINS
CHIEF FINANCIAL OFFICER
- Total calculated
- $211,657
- From this org
- $180,443
- From related orgs
- $0
- Other
- $31,214
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,926
- Bonus
- $23,157
- Other
- $360
- Deferred
- $11,054
- Nontaxable benefits
- $20,160
- Filer's total
- $211,657
-
Robert WilliamsROBERT WILLIAMS
DIRECTOR BUSINESS DEVELOPMENT
- Total calculated
- $272,635
- From this org
- $207,093
- From related orgs
- $0
- Other
- $65,542
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,355
- Bonus
- $32,573
- Other
- $3,165
- Deferred
- $36,533
- Nontaxable benefits
- $29,009
- Filer's total
- $272,635
-
Jahan JamshidiJAHAN JAMSHIDI
DIRECTOR IT
- Total calculated
- $269,564
- From this org
- $223,719
- From related orgs
- $0
- Other
- $45,845
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,448
- Bonus
- $40,239
- Other
- $1,032
- Deferred
- $43,665
- Nontaxable benefits
- $2,180
- Filer's total
- $269,564
-
Paul MelchiorPAUL MELCHIOR
DIRECTOR DINING SERVICES
- Total calculated
- $177,570
- From this org
- $149,184
- From related orgs
- $0
- Other
- $28,386
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $112,557
- Bonus
- $35,774
- Other
- $853
- Deferred
- $16,404
- Nontaxable benefits
- $11,982
- Filer's total
- $177,570
-
Kathy BrownKATHY BROWN
DIRECTOR CAMPUS STORES
- Total calculated
- $226,931
- From this org
- $177,850
- From related orgs
- $0
- Other
- $49,081
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,754
- Bonus
- $33,064
- Other
- $1,032
- Deferred
- $35,786
- Nontaxable benefits
- $13,295
- Filer's total
- $226,931
-
Jennifer LakinJENNIFER LAKIN
DIRECTOR HUMAN RESOURCES
- Total calculated
- $203,006
- From this org
- $179,441
- From related orgs
- $0
- Other
- $23,565
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,359
- Bonus
- $33,050
- Other
- $1,032
- Deferred
- $11,054
- Nontaxable benefits
- $12,511
- Filer's total
- $203,006
-
Thomas TazbazTHOMAS TAZBAZ
DIRECTOR DINING SERVICES
- Total calculated
- $156,733
- From this org
- $127,339
- From related orgs
- $0
- Other
- $29,394
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,744
- Bonus
- $0
- Other
- $595
- Deferred
- $10,225
- Nontaxable benefits
- $19,169
- Filer's total
- $156,733
-
J Luke WoodJ LUKE WOOD
FORMER BOARD MEMBER (SDSU EMP)
- Total calculated
- $276,525
- From this org
- $0
- From related orgs
- $198,805
- Other
- $77,720
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $181,489 related
- Bonus
- $0
- Other
- $0 + $17,316 related
- Deferred
- $0 + $58,494 related
- Nontaxable benefits
- $0 + $19,226 related
- Filer's total
- $0 + $276,525 related
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
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE ORGANIZATION PROVIDES NON-FIXED BONUSES BASED ON THE FINANCIAL RESULTS OF THE ORGANIZATION IN COMPARISON WITH ITS BUDGET. BONUS AMOUNTS ARE PROPOSED TO THE BOARD, TO WHICH THE BOARD WILL REVIEW AND APPROVE AT THEIR DISCRETION.
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
-
SAN DIEGO STATE UNIVERSITY
$810,000
GENERAL SUPPORT
-
$60,000
GENERAL SUPPORT
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.
-
SAN DIEGO STATE UNIVERSITY
115 · HIGHER EDUCATION · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 21 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501119349300790
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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