K-State Union Corporation

Organization Overview

K-State Union Corporation is located in Manhattan, KS. The organization was established in 1971. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2022, K-State Union Corporation employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K-State Union Corporation 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 06/2022, K-State Union Corporation generated $4.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PRODUCTS AND SERVICES TO THE K-STATE COMMUNITY TO MEET ITS EDUCATIONAL MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNION'S FRANCHISE OPERATIONS PROVIDE ONE EATING ESTABLISHMENT FOR OUR CAMPUS COMMUNITY WHILE EMPLOYING BETWEEN 70-80 STUDENTS. THE RESTAURANT OFFERS A WIDE VARIETY OF FOODS ALONG WITH VALUE MEALS THAT ARE AFFORDABLE FOR STUDENTS WITH FOOD INSECURITY.


UNION PROGRAM COUNCIL, UPC, PROVIDES FREE ACTIVITIES AND EVENTS FOR STUDENTS ACROSS CAMPUS. THERE ARE 102 EVENTS HELD WITH APPROXIMATELY 17,080 IN ATTENDANCE DURING THE YEAR. THE UNION PROGRAM COUNCIL OFFERS STUDENTS WHO VOLUNTEER ON ONE OF THE NUMEROUS COMMITTEES THE OPPORTUNITY TO CREATE AND DEVELOP LEADERSHIP SKILLS.


FOOD LEASE OPERATIONS ARE CONTRACTED RETAIL BUSINESSES OPERATING INSIDE THE K-STATE UNION. BUSINESSES INCLUDE SEVERAL RESTAURANTS, A BANK, A BOOKSTORE, A CONVENIENCE STORE AND A COPY CENTER. THESE VARIOUS RETAILERS OFFER SERVICES TO STUDENTS WITHOUT THEM HAVING TO LEAVE CAMPUS.


BESIDES RESTAURANTS, VARIOUS BUSINESSES ARE LOCATED INSIDE THE UNION FOR THE CONVENIENCE AND RECREATIONAL USE OF THE K-STATE CAMPUS COMMUNITY. A BOWLING CENTER, ENGRAVING SERVICES, ROOM SPACE/RENTAL, PASSPORTS FOR INTERNATIONAL TRAVEL AND AN ID CENTER ARE ALL OPERATED UNDER THE MANAGEMENT OF THE UNION CORPORATION.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Corey Williamson
Union Director
$119,562
Deanna Defoor
Comptroller
$54,031
Payton Lynn
Co-Vice President
$0
Ashley Elliot
President
$0
Matt Sword
Co-Vice President
$0
Ethan Erickson
Treasurer
$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$21,552
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,552
Total Program Service Revenue$3,117,488
Investment income $10,773
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,100,743
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 $309,140
Miscellaneous Revenue$0
Total Revenue $4,559,696

Grants Recieved

Over the last fiscal year, we have identified 1 grants that K-State Union Corporation has recieved totaling $6,530.

Awarding OrganizationAmount
Kansas State University Foundation

Manhattan, KS

PURPOSE: AWARD

$6,530
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$52,236
Earnings$595
Grants$1,000
Ending Balance$51,831

Create an account to unlock the data you need.

or