Student Association Inc is located in California, PA. The organization was established in 1983. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2023, Student Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Student Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Student Association Inc generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES AND ACTIVITIES TO A DIVERSE STUDENT BODY, ASSIST IN THE EDUCATIONAL PROCESS, PROMOTE UNIVERSITY CORE VALUES, PROVIDE LEADERSHIP OPPORTUNITIES, AND SERVE AS A STRONG ADVOCATED FOR THE STUDENTS OF CALIFORNIA UNIVERSITY OF PA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITNESS, RECREATION, AND VENDING FACILITIES - WAGES AND OTHER EXPENSES OF OPERATING ABOVE FACILITIES FOR STUDENTS' USE, PROVIDE RELAXATION & SUPERVISED PHYSICAL FITNESS OPPORTUNITIES TO PROTECT PHYSICAL AND MENTAL HEALTH
STUDENT ORGANIZATION EXPENDITURES - PROVIDES STUDENTS WITH FINANCIAL RESPONSIBILITY OF CONTROLLING AND SUPERVISING STUDENT LIFE AND EXPERIENCE THROUGH VARIOUS ENDEAVORS
PROVIDE HOUSING FOR STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darrek Harshberger Treasurer | OfficerTrustee | 1 | $0 |
Kevin Wagner Board Member | Trustee | 1 | $0 |
Sarah Seader President | OfficerTrustee | 1 | $0 |
Hope Cox Board Member | Trustee | 1 | $0 |
Sydney Cochran Board Member | Trustee | 1 | $0 |
Savannah Dorsey Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,695,291 |
Investment income | $206,474 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,901,765 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $107,956 |
Compensation of current officers, directors, key employees. | $97,160 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $324,009 |
Pension plan accruals and contributions | $176,550 |
Other employee benefits | $100,379 |
Payroll taxes | $31,353 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,988 |
Fees for services: Accounting | $27,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $16,922 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,163,934 |
Travel | $6,468 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,425,009 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,391,814 |
Insurance | $0 |
All other expenses | $233,004 |
Total functional expenses | $6,613,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $685 |
Savings and temporary cash investments | $7,006,384 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $554,103 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $260,427 |
Net Land, buildings, and equipment | $12,585,601 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,716,683 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $11,200 |
Total assets | $22,135,083 |
Accounts payable and accrued expenses | $1,652,622 |
Grants payable | $0 |
Deferred revenue | $31,792 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $25,075,436 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $449,946 |
Total liabilities | $27,209,796 |
Net assets without donor restrictions | -$5,074,713 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $22,135,083 |