Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $14,933,227

• 1f · All other contributions, gifts and grants

  $328,494

• 2a · Program service revenue: STUDENT HOUSING

  total $6,768,252 · related or exempt $6,768,252

• 2b · Program service revenue: CAMPUS PROGRAMS

  total $3,410,899 · related or exempt $3,410,899

• 2c · Program service revenue: CAPITAL LEASE INCOME

  total $2,273,841 · related or exempt $2,273,841

• 2d · Program service revenue: OTHER CAMPUS COMMISSIONS

  total $209,270 · related or exempt $209,270

• 2e · Program service revenue: COMMISSIONS BOOKSTORE

  total $201,879 · related or exempt $201,879

• 3 · Investment income

  total $165,577 · excluded $165,577

• 6a · Gross rents

  real property $3,250

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $3,250

• 6d · Net rental income or loss

  total $3,250 · excluded $3,250

• 7a · Gross sales of assets other than inventory

  securities $2,775

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

  securities $0

• 7c · Gain or loss

  securities $2,775

• 7d · Net gain or loss

  total $2,775 · excluded $2,775

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,630,315 · program services $2,630,315

• 2 · Grants to domestic individuals

  total $2,206,936 · program services $2,206,936

• 5 · Compensation of officers, directors and key employees

  total $248,529 · program services $133,830 · management and general $114,699

• 7 · Other salaries and wages

  total $8,389,292 · program services $7,867,874 · management and general $521,418

• 8 · Pension plan contributions

  total $323,945 · program services $285,317 · management and general $38,628

• 9 · Other employee benefits

  total $1,357,582 · program services $1,239,731 · management and general $117,851

• 10 · Payroll taxes

  total $535,544 · program services $496,105 · management and general $39,439

• 11b · Fees: legal

  total $1,168 · program services $203 · management and general $965

• 11c · Fees: accounting

  total $75,225 · management and general $75,225

• 11g · Fees: other

  total $2,196,132 · program services $1,694,772 · management and general $501,360

• 13 · Office expenses

  total $434,168 · program services $424,224 · management and general $9,944

• 14 · Information technology

  total $149,119 · program services $129,626 · management and general $19,493

• 16 · Occupancy

  total $1,113,243 · program services $1,086,450 · management and general $26,793

• 17 · Travel

  total $378,266 · program services $359,950 · management and general $18,316

• 20 · Interest

  total $2,722,253 · program services $2,719,706 · management and general $2,547

• 22 · Depreciation, depletion and amortization

  total $2,161,484 · program services $1,670,540 · management and general $490,944

• 23 · Insurance

  total $262,051 · program services $246,283 · management and general $15,768

• 24a · Other expenses: OTHER EXP SUPPORTING

  total $357,297 · program services $0 · management and general $357,297

• 24b · Other expenses: OTHER EXP SPONSORED

  total $349,029 · program services $349,029 · management and general $0

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $302,670 · program services $302,670 · management and general $0

• 24d · Other expenses: HOSPITALITY AND EVENTS

  total $273,433 · program services $269,104 · management and general $4,329

• 24e · All other expenses

  total $313,129 · program services $313,129

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,857,145 · end of year $2,062,569

• 2 · Savings and temporary cash investments

  beginning of year $522 · end of year $13,036

• 4 · Accounts receivable

  beginning of year $4,617,432 · end of year $4,727,526

• 9 · Prepaid expenses and deferred charges

  beginning of year $20,958 · end of year $56,053

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

  $44,413,831

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

  $24,663,333

• 10c · Land, buildings and equipment, net

  beginning of year $23,188,404 · end of year $19,750,498

• 11 · Investments: publicly traded securities

  beginning of year $14,477,998 · end of year $7,271,787

• 12 · Investments: other securities

  end of year $8,401,861

• 15 · Other assets

  beginning of year $92,567,499 · end of year $96,844,004

• 17 · Accounts payable and accrued expenses

  beginning of year $3,565,791 · end of year $2,858,219

• 19 · Deferred revenue

  beginning of year $1,977,800 · end of year $3,596,560

• 20 · Tax-exempt bond liabilities

  beginning of year $15,120,550 · end of year $14,007,685

• 23 · Secured mortgages and notes payable

  beginning of year $59,768,169 · end of year $58,447,721

• 25 · Other liabilities

  beginning of year $38,243,033 · end of year $40,496,840

• 27 · Net assets without donor restrictions

  beginning of year $18,054,615 · end of year $19,720,309

The filer's explanations (Part III)

PART I, LINE 3

THE OFFICERS LISTED ON SCHEDULE J ARE EMPLOYEES OF THE RELATED ORGANIZATION, CALIFORNIA STATE UNIVERSITY SAN MARCOS. THE RELATED ORGANIZATION HAS POLICIES IN PLACE WHICH ARE USED TO DETERMINE COMPENSATION.