San Marcos University Corporation

“An electronic form of the 990 is emailed to each board member for review prior to filing. The form 990 is also reviewed by the executive director prior to filing.”

“Annual certifications are received from corporation board members in regards to any conflicts of interest. Conflicts are monitored and policies are enforced in the same manner as used for the other campus auxiliaries.”

“All executives are paid by a related organization, california state university san marcos. Executive compensation is reviewed by the board at the time a position is established and annually thereafter as a part of the budget development and review. Compensation is reviewed for comparability of similar management positions within the csu, the csusm campus, and similar positions within the auxiliaries of the csu through the aoa salary survey which is completed bi-annually.”

“The organizational documents of the organization are available (for inspection or copying) at the organization's main office during normal business hours. The documents are also available on the website at www.csusm.edu/ucorp. The public inspection copies of the organization's form 990, from the previous three years, are available at the organization's main office during normal business hours for inspection or copying. The audited financial statements are also available at the organization's main office during normal business hours for inspection or copying.when responding to a public inspection request for any organizational document or form 990 by anyone, the organization fulfills such request in a timely fashion without inquiring as to the reason for the public inspection request.”

“Contractual services: program service expenses 121,964. Management and general expenses 124,125. Fundraising expenses 0. Total expenses 246,089. Payroll processing: program service expenses 893,101. Management and general expenses 210,441. Fundraising expenses 0. Total expenses 1,103,542. Contractual services safety: program service expenses 94,289. Management and general expenses 0. Fundraising expenses 0. Total expenses 94,289.”

“Amounts reported represent disbursements to other exempt related organizations for services rendered to the filing organization. The filing organization does not report employees under part v, line 2a as it has entered into contract agreements with related organizations for financial and administrative support services conducted under the direction of the filing organization.”