University Faculty Associates Inc
- Assets
- $14.9m
- Revenue
- $53.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 07/2014
- Data as of
- 06/2023
- EIN
- 46-3969536
Organization Overview
University Faculty Associates Inc is located in Fresno, CA. The organization was established in 2014. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Faculty Associates 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, University Faculty Associates Inc generated $53.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $53.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 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 PROMOTE HEALTH IN CALIFORNIA'S CENTRAL VALLEY REGION THROUGH THE PROVISION OF VARIOUS QUALITY HEALTH CARE SERVICES, CLINICAL TRAINING, AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED HEALTH IN CALIFORNIA'S CENTRAL VALLEY BY IMPROVING THE QUALITY, EFFECTIVENESS, AND ACCESSIBILITY OF HEALTHCARE SERVICES. DEVELOPED AND EXPANDED KEY PARTNERSHIPS WITH STAKEHOLDERS TO CREATE A SUSTAINABLE HEALTHCARE DELIVERY MODEL. PROMOTED HEALTH IN CALIFORNIA'S CENTRAL VALLEY REGION THROUGH THE PROVISION OF CERTAIN HEALTHCARE MANAGEMENT AND ADMINISTRATIVE SERVICES THAT FACILITATED THE EFFECTIVE DELIVERY OF HEALTHCARE SERVICES. PROMOTED AND CARRIED ON SCIENTIFIC AND MEDICAL RESEARCH THROUGH CLINICAL AND POPULATION-BASED STUDIES. PROMOTED AND CARRIED ON HEALTH EDUCATIONAL ACTIVITIES IN CALIFORNIA'S CENTRAL VALLEY REGION. PROMOTED AND CARRIED ON SUCH OTHER ACTIVITIES AS WAS DEEMED REASONABLE AND NECESSARY FOR THE PROMOTION AND BETTERMENT OF HEALTH IN CALIFORNIA'S CENTRAL VALLEY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Campagne MD President/chairman | OfficerTrustee | 1 | $0 |
Susanne Spano MD Director | Trustee | 0.16 | $0 |
Patrick Macmillan MD Secretary/treasurer | OfficerTrustee | 0.16 | $0 |
Marcella Corona Director | Trustee | 0.16 | $0 |
Jon Hirasuna MD Director | Trustee | 0.16 | $0 |
Russell Ryan Director | Trustee | 0.16 | $0 |
Financial Statements
| 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 | $53,590,369 |
| Investment income | $168,910 |
| 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 | $53,818,386 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $8,874,548 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,335 |
| 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 | $0 |
| Information technology | $1,524,506 |
| Royalties | $0 |
| Occupancy | $3,117,834 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,201 |
| All other expenses | $2,921,709 |
| Total functional expenses | $53,289,054 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,321,496 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,569,425 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,890,921 |
| Accounts payable and accrued expenses | $6,265,923 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,265,923 |
| Net assets without donor restrictions | $0 |
| 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 | $8,624,998 |
| Total liabilities and net assets/fund balances | $14,890,921 |