Civic Intelligence

University Student Union California State University Northridge

990 • Fiscal year 2018 • EIN 23-7321859

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 14, 2019

18111 Nordhoff StreetNorthridge, CA 91330-8272

(818) 677-2491

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.70x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

55th percentile

0.29x

Higher debt load relative to revenue than 55% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

54th percentile

4.1%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$216,927

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

85th percentile

20%

Faster asset growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

7.9%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$6,840,807

Up $1,154,485 (+20%) from 2017

Net Assets

Up

$2,021,754

Up $129,097 (+6.8%) from 2017

Liabilities

Up

$4,819,053

Up $1,025,388 (+27%) from 2017

Revenue

Up

$16,696,381

Up $1,221,285 (+7.9%) from 2017

Expenses

Up

$16,005,648

Up $1,352,336 (+9.2%) from 2017

Net Income

Down

$690,733

Down $131,051 (-16%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $4,101,260Liabilities 2010: $1,859,429Net Assets 2010: $2,241,8312010Assets 2012: $6,977,790Liabilities 2012: $2,162,754Net Assets 2012: $4,815,0362012Assets 2014: $3,601,442Liabilities 2014: $2,380,012Net Assets 2014: $1,221,4302014Assets 2015: $4,201,629Liabilities 2015: $3,086,264Net Assets 2015: $1,115,3652015Assets 2017: $5,686,322Liabilities 2017: $3,793,665Net Assets 2017: $1,892,6572017Assets 2018: $6,840,807Liabilities 2018: $4,819,053Net Assets 2018: $2,021,7542018Assets 2019: $6,411,148Liabilities 2019: $4,614,754Net Assets 2019: $1,796,3942019Assets 2020: $7,400,987Liabilities 2020: $4,788,920Net Assets 2020: $2,612,0672020Assets 2021: $9,959,515Liabilities 2021: $4,692,748Net Assets 2021: $5,266,7672021Assets 2022: $10,981,881Liabilities 2022: $3,654,102Net Assets 2022: $7,327,7792022

Highlighted filing

2018

Assets$6,840,807
Liabilities$4,819,053
Net Assets$2,021,754

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $6,813,6932010Expenses 2012: $9,474,1452012Revenue 2014: $13,065,031Expenses 2014: $18,282,619Net Income 2014: -$5,217,5882014Revenue 2015: $13,283,012Expenses 2015: $13,230,533Net Income 2015: $52,4792015Revenue 2017: $15,475,096Expenses 2017: $14,653,312Net Income 2017: $821,7842017Revenue 2018: $16,696,381Expenses 2018: $16,005,648Net Income 2018: $690,7332018Revenue 2019: $17,291,674Expenses 2019: $17,162,841Net Income 2019: $128,8332019Revenue 2020: $17,800,513Expenses 2020: $16,407,414Net Income 2020: $1,393,0992020Revenue 2021: $15,993,023Expenses 2021: $14,000,381Net Income 2021: $1,992,6422021Revenue 2022: $16,476,738Expenses 2022: $15,477,161Net Income 2022: $999,5772022

Highlighted filing

2018

Revenue$16,696,381
Expenses$16,005,648
Net Income$690,733
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 14, 2019
Return Version
2017v2.3
Gross Receipts
$16,703,094
Mission and Program Overview

Mission

The university student union (usu) at california state university, northridge is a student-centered non-profit organization that works to expand the college experience through diversity and inclusion, social justice, resource centers, programs, services, employment, and involvement opportunities. The usu first opened its doors on july 5, 1975. Each facility is designed to enhance the total university experience through volunteer and job opportunities, events, and various services and amenities such as dining, study areas, computer labs, tv lounges, meeting spaces, recreational and wellness facilities promoting and celebrating the diversity and personal growth of students.

The mission of the university student union is to foster the achievement of students' educational goals by facilitating a strong connection between students and their campus community. We are an engaging and energetic campus program that develops students through inclusive activities, meaningful employment opportunities, leadership experiences and innovative technologies, facilities and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,782,760$5,802,931▲ $1,020,171
Land, Buildings, and Equipment, Net$674,492$683,672▲ $9,180
Cash and Non-Interest-Bearing Accounts$177,480$226,483▲ $49,003
Prepaid Expenses and Deferred Charges$10,962$92,531▲ $81,569
Accounts Receivable$28,665$22,763▼ $5,902
Inventories for Sale or Use$11,963$12,427▲ $464
Total Assets$5,686,322$6,840,807▲ $1,154,485
Liabilities
Other Liabilities$2,440,151$3,339,513▲ $899,362
Accounts Payable and Accrued Expenses$1,060,459$1,163,237▲ $102,778
Deferred Revenue$293,055$316,303▲ $23,248
Total Liabilities$3,793,665$4,819,053▲ $1,025,388
Net Assets / Fund Balance
Unrestricted Net Assets$1,892,657$2,021,754▲ $129,097
Total Net Assets Fund Balance$1,892,657$2,021,754▲ $129,097
Total Liabilities and Net Assets / Fund Balance$5,686,322$6,840,807▲ $1,154,485

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$309,466$1,152,264$1,461,730
Leasehold Improvements$361,668$423,270$784,938
Other Land Buildings$12,538$25,192$37,730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Shelley Ruelas-bischoffDiv of Student Affairs Representative--$216,927$216,927
Debra L HammondExecutive DirectorFT$150,336$15,042$165,378
Dr Marquita GammageUniv Faculty Board Representative--$132,572$132,572
Maria ElizondoUniversity Staff Representative--$79,302$79,302

Board Members and Trustees

NameTitle
Iris RamirezChair/student Representative
Sharon EichtenPRESIDENT'S BOARD REPRESENTATIVE
Michael OdinloVice Chair/student Representative
Tonee SherrillAlumni Representative
Dr Shelley Ruelas-bischoffDiv of Student Affairs Representativ
Amber PerkinsStudent Representative
Arrah EnawStudent Representative
Bhernard TilaStudent Representative
Donald StewartStudent Representative
Frank BenkovicStudent Representative
Habiba NaqviStudent Representative
Jazmin HernandezStudent Representative
Jesus SuarezStudent Representative
Michelle Olmedo TorresStudent Representative
Raquel TamayoStudent Representative
Shannon AshfordStudent Representative
Stephanie Flores-temixStudent Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$36,210
Program Service Revenue
$16,354,442
Investment Income
$61,632
Other Revenue
$244,097
Change in Net Assets
$690,733

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,703,094
Revenue Not Reported on Financial Statements
$-6,713
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-6,713
Total Revenue per Audited Statements
$16,703,094
Total Revenue per Form 990
$16,696,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,571,702
Other Expenses$6,369,392
Grants and Similar Amounts Paid$64,554
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,798,178$632,624-$7,430,802
Other Employee Benefits$809,699$129,213-$938,912
Occupancy$793,613$71,042-$864,655
Fees for Services Other$628,329$56,246-$684,575
Pension Plan Contributions$526,160$83,965-$610,125
Payroll Taxes$367,792$58,693-$426,485
Information Technology$291,123$26,060-$317,183
All Other Expenses$208,180$18,636-$226,816
Depreciation Depletion$171,056$6,712-$177,768
Current Officers, Directors, Trustees, and Key Employees$150,509$14,869-$165,378
Advertising$147,409$13,196-$160,605
Other Expenses$141,400$12,658-$154,058
Insurance$122,965$11,008-$133,973
Travel$119,129$10,664-$129,793
Office Expenses$118,746$10,630-$129,376
Conferences and Meetings$64,747$5,796-$70,543
Grants to Domestic Individuals$64,554--$64,554
Fees for Services Accounting$26,750$2,395-$29,145
Fees for Services Legal$8,252$739-$8,991
Total Functional Expenses$14,570,854$1,434,794$0$16,005,648

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,573,997
Expenses per Audited Statements$16,005,648
Total Expenses per Form 990$16,005,648
Expenses Not Reported on Form 990$568,349
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post-retirement Benefit Payable$3,157,282
Due to Csu Northridge$162,068
Deposits Held in Custody$20,163
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The bylaws were amended to add reference to the usu student leadership program.

Form 990, Part VI, Section B, Line 11B

The final draft of form 990 is presented to each member and accepted by the board of directors at an official board meeting prior to the filing of form 990 with the internal revenue service. The board-approved form 990 is available on the university student union website.

Form 990, Part VI, Section B, Line 12C

Conflicts of interest related to service on the board of directors are reviewed annually with all current board members. All board members are required to sign a statement each fiscal year acknowledging their understanding of their responsibilites and duties in regards to conflicts of interest. If a conflict of interest is discovered, the board member with the conflict is prohibited from voting on the issue, and, if they do vote, the vote does not count.

Form 990, Part VI, Section B, Line 15

Recommendations for employment and appropriate compensation are made by the universty student union (usu) and approved by the university human resources department. Compensation is based on a range of pay which is reviewed annually for comparability to positions of similar responsibility on california state university (csu) campuses, as well as positions of similar responsibility at csu auxiliaries. In conjunction with this review of comparability, geographic location is also considered. The usu board of directors approves recommended changes to salary ranges.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial audits available on its website and upon written request.

Filing and Contact Details

Filer

Filer Name
University Student Union
EIN
23-7321859
Phone
8186772491
Address
18111 NORDHOFF STREET, NORTHRIDGE, CA 91330-8272

Signing Officer

Name
Debra L Hammond
Title
Executive Director
Phone
8186772491
Signed
2019-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra L Hammond
Formed
1973
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
0
Employees
677
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
400 CAPITOL MALL SUITE 1200, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in post-retirement benefit cost -561,636.

FORM 990, PART XII, LINE 2C:

The process of overseeing the audit and selecting an independent accountant has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The union is a nonprofit organization that is exempt from income taxes under section501(c)(3) of the internal revenue code and section 23701(d) of the revenue taxation code of california. Accordingly, no provision for income taxes is included in the accompanying financial statements. The union has no unrecognized tax benefits at june 30, 2018. The union's federal and state income tax returns prior to fiscal years 2015 and 2014, respectively, are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the union recognizes interest and penalties associated with tax matters as part of income tax expense and includes accrued interest and penalties with accrued expenses in the statements of financial position.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of property & equipment -6,713.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Change in post-retirement benefit cost 561,636. Loss on disposal of property & equipment 6,713.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2STUDENT REPRESENTATIVE
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIV OF STUDENT AFFAIRS REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt7STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt8STUDENT REPRESENTATIVE
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IRS990/Form990PartVIISectionAGrp/TitleTxt11STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt12UNIVERSITY STAFF REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIR/STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt14STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt15STUDENT REPRESENTATIVE
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IRS990/Form990PartVIISectionAGrp/TitleTxt18STUDENT REPRESENTATIVE
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IRS990/MissionDesc0THE UNIVERSITY STUDENT UNION (USU) AT CALIFORNIA STATE UNIVERSITY, NORTHRIDGE IS A STUDENT-CENTERED NON-PROFIT ORGANIZATION THAT WORKS TO EXPAND THE COLLEGE EXPERIENCE THROUGH VARIOUS PROGRAMS, SERVICES, EMPLOYMENT, AND INVOLVEMENT OPPORTUNITIES. THE USU FIRST OPENED ITS DOORS ON JULY 5, 1975. EACH FACILITY IS DESIGNED TO ENHANCE THE TOTAL UNIVERSITY EXPERIENCE THROUGH VOLUNTEER AND JOB OPPORTUNITIES, EVENTS, AND VARIOUS SERVICES AND AMENITIES SUCH AS DINING, STUDY AREAS, COMPUTER LABS, TV LOUNGES, MEETING SPACES, RECREATIONAL AND WELLNESS FACILITIES PROMOTING AND CELEBRATING THE DIVERSITY AND PERSONAL GROWTH OF STUDENTS.
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