Totals
- Total revenue
- $886,551
- Total expenses
- $1,111,482
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,400
- Investment income
- $36,557
- Other revenue
- $845,594
- Total assets, end of year
- $5,277,124
- Total liabilities, end of year
- $90,920
- Net assets or fund balances, end of year
- $5,186,204
- Program services expenses (Part IX)
- $1,064,691
- Management and general expenses
- $46,791
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,064,691
Program services were 95.8% 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.
-
2a · Program service revenue: LICENSING ACTIVITIES
total $4,400 · related or exempt $4,400
-
3 · Investment income
total $32,326 · excluded $32,326
-
6a · Gross rents
real property $845,594
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $845,594
-
6d · Net rental income or loss
total $845,594 · excluded $845,594
-
7a · Gross sales of assets other than inventory
securities $1,695,872
-
7b · Less cost or other basis and sales expenses
securities $1,691,641
-
7c · Gain or loss
securities $4,231
-
7d · Net gain or loss
total $4,231 · excluded $4,231
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $959 · program services $959
-
11c · Fees: accounting
total $22,214 · management and general $22,214
-
11g · Fees: other
total $192,822 · program services $175,485 · management and general $17,337
-
23 · Insurance
total $5,840 · management and general $5,840
-
24a · Other expenses: PRE-DEVELOPMENT EXPENSE
total $841,807 · program services $841,807
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $46,440 · program services $46,440
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $1,300 · management and general $1,300
-
24d · Other expenses: TAXES & LICENSES
total $100 · management and general $100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,304,725 · end of year $1,805,364
-
2 · Savings and temporary cash investments
beginning of year $1,442,256 · end of year $444,981
-
4 · Accounts receivable
end of year $14,872
-
11 · Investments: publicly traded securities
beginning of year $2,104,848 · end of year $2,595,744
-
15 · Other assets
beginning of year $441,327 · end of year $416,163
-
17 · Accounts payable and accrued expenses
beginning of year $48,103 · end of year $23,780
-
19 · Deferred revenue
beginning of year $48,354 · end of year $48,354
-
21 · Escrow or custodial account liability
beginning of year $18,786 · end of year $18,786
-
27 · Net assets without donor restrictions
beginning of year $5,177,913 · end of year $5,186,204
Mission and programs · 2022
Mission
NORTH CAMPUS DEVELOPMENT CORPORATION IS A SECTION 509(A)(3) SUPPORTING ORGANIZATION TO CALIFORNIA STATE UNIVERSITY, NORTHRIDGE AND IS INSTRUMENTAL IN THE DEVELOPMENT OF 65 ACRES OF UNIVERSITY-OWNED LAND (NORTH CAMPUS). THE CORPORATION HAS SET GOALS IN THE DEVELOPMENT OF NORTH CAMPUS, INCLUDING ESTABLISHING STRONG ACADEMIC TIES AND ACADEMIC FACILITIES SPANNING A BROAD RANGE OF THE UNIVERSITY'S COLLEGES AND DEPARTMENTS, AND ENSURING A STEADY, PREDICTABLE AND SAFE SOURCE OF REVENUE WITH NO FINANCIAL RISK TO THE UNIVERSITY.
-
UNIVERSITY PROJECTS - SEE SCHEDULE O
Expenses $1,064,691 · Revenue $4,400
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Erika BeckERIKA BECK
CHAIR
- Total calculated
- $561,265
- From this org
- $0
- From related orgs
- $489,320
- Other
- $71,945
- Hours/week
- 0.2 + 39.8 related
Schedule J breakdown matched by us
- Base
- $0 + $421,768 related
- Bonus
- $0 + $55,000 related
- Other
- $0 + $12,552 related
- Deferred
- $0 + $39,439 related
- Nontaxable benefits
- $0 + $32,506 related
- Filer's total
- $0 + $561,265 related
-
Colin DonahueCOLIN DONAHUE
SECRETARY & TREASURER
- Total calculated
- $410,397
- From this org
- $0
- From related orgs
- $295,486
- Other
- $114,911
- Hours/week
- 0.2 + 39.8 related
Schedule J breakdown matched by us
- Base
- $0 + $291,728 related
- Bonus
- $0 + $3,500 related
- Other
- $0 + $258 related
- Deferred
- $0 + $88,931 related
- Nontaxable benefits
- $0 + $25,980 related
- Filer's total
- $0 + $410,397 related
-
William WatkinsWILLIAM WATKINS
DIRECTOR
- Total calculated
- $386,265
- From this org
- $0
- From related orgs
- $280,454
- Other
- $105,811
- Hours/week
- 0.2 + 39.8 related
Schedule J breakdown matched by us
- Base
- $0 + $275,718 related
- Bonus
- $0 + $3,500 related
- Other
- $0 + $1,236 related
- Deferred
- $0 + $84,682 related
- Nontaxable benefits
- $0 + $21,129 related
- Filer's total
- $0 + $386,265 related
-
Rick EvansRICK EVANS
PRESIDENT & EXEC DIRECTOR
- Total calculated
- $272,280
- From this org
- $0
- From related orgs
- $201,096
- Other
- $71,184
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $197,200 related
- Bonus
- $0 + $3,500 related
- Other
- $0 + $396 related
- Deferred
- $0 + $60,456 related
- Nontaxable benefits
- $0 + $10,728 related
- Filer's total
- $0 + $272,280 related
-
Jimmy GandhiJIMMY GANDHI
DIRECTOR
- Total calculated
- $261,676
- From this org
- $0
- From related orgs
- $178,272
- Other
- $83,404
- Hours/week
- 0.2 + 39.8 related
Schedule J breakdown matched by us
- Base
- $0 + $174,772 related
- Bonus
- $0 + $3,500 related
- Other
- $0
- Deferred
- $0 + $54,479 related
- Nontaxable benefits
- $0 + $28,925 related
- Filer's total
- $0 + $261,676 related
-
Lih-Yun WuLIH-YUN WU
CFO (UNTIL 1/13)
- Total calculated
- $189,936
- From this org
- $0
- From related orgs
- $178,581
- Other
- $11,355
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $172,067 related
- Bonus
- $0
- Other
- $0 + $6,514 related
- Deferred
- $0 + $8,542 related
- Nontaxable benefits
- $0 + $2,813 related
- Filer's total
- $0 + $189,936 related
-
Freny ShahFRENY SHAH
DIR. BUSINESS & FINANCE (AS OF 1/23)
- Total calculated
- $0
- Hours/week
- 8 + 32 related
-
David HondaDAVID HONDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Shayan MosthaelSHAYAN MOSTHAEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
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
- CALIFORNIA STATE UNIVERSITY, NORTHRIDGE ESTABLISHED AND MAINTAINS THE COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR. COMPENSATION IS DETERMINED BY CAMPUS OFFICE OF HUMAN RESOURCES USING CALIFORNIA STATE UNIVERSITY APPROVED METHODOLOGIES FOR DETERMINING COMPARABLE COMPENSATION.
- PART II:
- COMPENSATION FOR RICK EVANS WAS PAID BY CALIFORNIA STATE UNIVERSITY, NORTHRIDGE AND THEN REIMBURSED 20% BY NORTH CAMPUS - UNIVERSITY PARK DEVELOPMENT CORPORATION AND 80% BY THE UNIVERSITY CORPORATION, AN AFFILIATED ORGANIZATION.
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
No itemized grants to organizations 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.
-
CALIFORNIA STATE UNIVERSITY NORTHRIDGE
115 · ACCREDITED PUBLIC UNIVERSITY · CA
-
501(C)(3) · SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE · CA
Directly controlled by CALIFORNIA STATE UNIVERSITY NORTHRIDGE
-
501(C)(3) · SUPPORTING ORGANIZATION FOR CALIFORNIA STATE UNIVERSITY, NORTHRIDGE · CA
Directly controlled by CALIFORNIA STATE UNIVERSITY NORTHRIDGE
-
501(C)(3) · EXPANDS THE COLLEGE EXPERIENCE THROUGH VARIOUS PROGRAMS AND SERVICES · CA
Directly controlled by CALIFORNIA STATE UNIVERSITY NORTHRIDGE
-
CALIFORNIA STATE UNIVERSITY NORTHRIDGE FOUNDATION
501(C)(3) · RESPONSIBLE FOR PHILANTHROPIC FUNDS/GIFTS RAISED FOR CSU NORTHRIDGE · CA
Directly controlled by CALIFORNIA STATE UNIVERSITY NORTHRIDGE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441309349300204
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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