University Enterprises Inc is located in Sacramento, CA. The organization was established in 1953. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, University Enterprises Inc employed 2,897 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Enterprises 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 Enterprises Inc generated $115.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $112.4m during the year ending 06/2023. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, University Enterprises Inc has awarded 219 individual grants totaling $10,909,272. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE PROGRAMS & SERVICES THAT ENRICH & SUPPORT THE EVOLVING NEEDS OF THE UNIVERSITY COMMUNITY.
Describe the Organization's Program Activity:
FEDERALLY FUNDED PROGRAMS:- U.S. DEPARTMENT OF EDUCATION FUNDING SUPPORTS A VARIETY OF PROJECTS BENEFITING SACRAMENTO STATE STUDENTS INCLUDING THE COLLEGE ASSISTANCE MIGRANT PROGRAM (CAMP) WHICH IS DESIGNED TO ENCOURAGE THE CHILDREN OF MIGRANT FARM WORKERS TO ATTEND UNIVERSITY; THE INSTITUTIONAL NETWORKS FOR (STUDENT) SUCCESS (PEER) PROGRAMS AND INSTRUCTIONAL REDESIGN EFFORTS (INSPIRE) PROJECT WHICH SEEKS TO INCREASE THE NUMBER OF GRADUATES FROM UNDERREPRESENTED GROUPS; THE COMPROMETID@S PROGRAM WHICH AIMS TO INCREASE THE NUMBER OF CULTURALLY AND LINGUISTICALLY COMPETENT TEACHERS BY CREATING A CLEAR AND COORDINATED PATH TO RECRUIT, SUPPORT, AND ADVANCE LATINX AND BILINGUAL TEACHERS, AND THE ASIAN AMERICAN NATIVE AMERICAN PACIFIC ISLANDER (AANAPISI) FUNDING WHICH FUNDS ASSISTANCE AND SERVICES TO STUDENTS AND LOW INCOME INDIVIDUALS.- NATIONAL SCIENCE FOUNDATION FUNDING SUPPORTS TECHNOLOGY AND SCIENTIFIC RELATED RESEARCH AND EDUCATIONAL PROJECTS. FOR EXAMPLE, THE "CYBERCORPS SCHOLARSHIP FOR SERVICE (SFS)" GRANT WHICH SUPPORTS THE DEVELOPMENT OF A CYBERSECURITY WORKFORCE AT SACRAMENTO STATE, THE "BUILDING CAPACITY: STEM FACULTY PROFESSIONAL LEARNING IN THE ZONE OF PROXIMAL DEVELOPMENT PROGRAM" WHICH SUPPORTS THE EFFORTS TO IMPROVE THE TEACHING EFFECTIVENESS OF STEM FACULTY, AND THE "LOUIS STOKES STEM PATHWAYS AND RESEARCH ALLIANCE PROGRAM" WHICH AIMS TO INCREASE THE NUMBER OF UNDERREPRESENTED MINORITY STUDENTS GRADUATING WITH DEGREES IN STEM, AND TO CONTRIBUTE TO SCHOLARLY RESEARCH IN BROADENING PARTICIPATION IN STEM.- FUNDING FROM THE ENVIRONMENTAL PROTECTION AGENCY SUPPORTS THE OPERATIONS OF THE REGION 9 ENVIRONMENTAL FINANCE CENTER (EFC) AT SACRAMENTO STATE. THE EFC IS OPERATED BY SAC STATE'S OFFICE OF WATER PROGRAMS WITH THE GOAL OF PROVIDING ENVIRONMENTAL SERVICES TO REGION 9 COMMUNITIES.- GRANTS FROM THE NATIONAL INSTITUTE OF GENERAL MEDICAL SCIENCES SUPPORT BASIC RESEARCH, INCLUDING RESEARCH ON ANTI-HIV MICROBICIDE AGENTS, AND RESEARCH TRAINING ACTIVITIES FOR STUDENTS FROM GROUPS UNDERREPRESENTED IN THE BIOMEDICAL SCIENCES.- A COLLABORATION WITH THE U.S. GEOLOGICAL SURVEY TO DEVELOP SUMMARIES OF OIL AND GAS WELL LOGS FROM PUBLICLY AVAILABLE WELL LOGS TO ASSIST IN THE DEVELOPMENT OF CONCEPTUAL MODELS OF HYDROGEOLOGIC SYSTEMS AND IDENTIFY THE POTENTIAL LOCATION OF TRANSPORT PATHWAYS.STATE & LOCALLY FUNDED PROGRAMS:- FUNDING PROVIDED FOR THE EMPLOYMENT OF STUDENTS WITHIN STATE AGENCIES AND LOCAL GOVERNMENTS FOR THE PURPOSE OF FURTHERING THE STUDENTS' AREA OF STUDY AND PROVIDING THEM WITH VALUABLE ON-THE-JOB TRAINING.- CONTRACT SERVICES PROVIDED BY SACRAMENTO STATE FACULTY TO THE STATE OF CALIFORNIA AND LOCAL GOVERNMENT AGENCIES SUCH AS ASSESSMENT SURVEYS AND STUDIES, APPLIANCE TESTING, AND PROFESSIONAL DEVELOPMENT FOR SCHOOL TEACHERS.- IN COLLABORATION WITH THE STATE WATER RESOURCES CONTROL BOARD, THE OFFICE OF WATER PROGRAMS PROVIDES TECHNICAL, MANAGEMENT, AND FINANCIAL SERVICES TO SMALL DISADVANTAGED COMMUNITIES IN CALIFORNIA TO RETROFIT OR REPLACE A DRINKING WATER SYSTEM.OTHER EXTERNALLY FUNDED PROGRAMS:- UNIVERSITY ENTERPRISES, INC'S PROGRAM SERVICES BENEFITS MORE THAN 33,300 FACULTY, STAFF, AND STUDENTS OF SACRAMENTO STATE AS WELL AS THE GENERAL POPULACE.- DEVELOP AND IMPLEMENT PROGRAMS AND PUBLISH TRAINING MATERIALS FOR OPERATORS OF WATER TREATMENT PLANTS, WATER DISTRIBUTION SYSTEMS, WASTEWATER COLLECTION SYSTEMS, AND MUNICIPAL AND INDUSTRIAL WASTEWATER TREATMENT AND RECLAMATION FACILITIES.- THE INSTITUTE FOR SOCIAL RESEARCH RECEIVE STATE OF CALIFORNIA, LOCAL GOVERNMENT, AND NON-PROFIT FUNDING FOR CUSTOMIZED PROJECTS INCLUDING COMMUNITY LISTENING SESSIONS, TECHNICAL SUPPORT, PROGRAM/POLICY EVALUATION, AND SURVEY RESEARCH SERVICES.- THE POPULATION RESEARCH CENTER PROVIDES RESEARCH SERVICES INCLUDING PROJECT DEVELOPMENT, DATA COLLECTION, AND DATA ANALYSIS TO STATE AND LOCAL GOVERNMENT ENTITIES.- THE TITLE IV-E STIPEND PROGRAM PREPARES BOTH MSW AND BSW STUDENTS FOR SOCIAL WORK CAREERS IN PUBLIC CHILD WELFARE SERVICES AND OFFERS STIPENDS AND REIMBURSEMENT SUPPORT FOR TUITION, FEES, AND BOOKS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Nelsen Chair | OfficerTrustee | 1 | $0 |
James Reinhart Executive Director | Officer | 1 | $0 |
Jonathan Bowman Director | Trustee | 1 | $0 |
Craig Barth CFO (thru 11/22) | Officer | 40 | $210,097 |
Brigett Reilly Director Property Services (thru 12/22) | Officer | 40 | $195,358 |
Kevin Murphy Director | Trustee | 40 | $177,129 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Qualtrics Llc Research Services | 6/29/23 | $285,122 |
Dfs Flooring Flooring | 6/29/23 | $293,290 |
Kidman Gagen Law Llp Attorney | 6/29/23 | $122,980 |
Kcoe Isom Llc Auditors | 6/29/23 | $130,045 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $58,868,632 |
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 | $58,868,632 |
Total Program Service Revenue | $40,525,362 |
Investment income | $3,480,042 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $346,200 |
Net Rental Income | $11,512,358 |
Net Gain/Loss on Asset Sales | $79,986 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $115,167,090 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $738,585 |
Grants and other assistance to domestic individuals. | $1,792,968 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,097,736 |
Compensation of current officers, directors, key employees. | $1,183,614 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $43,122,405 |
Pension plan accruals and contributions | $2,968,190 |
Other employee benefits | $2,995,375 |
Payroll taxes | $3,090,052 |
Fees for services: Management | $0 |
Fees for services: Legal | $59,304 |
Fees for services: Accounting | $118,842 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,825 |
Fees for services: Other | $9,646,876 |
Advertising and promotion | $48,791 |
Office expenses | $1,507,187 |
Information technology | $300,000 |
Royalties | $0 |
Occupancy | $7,527,413 |
Travel | $984,952 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $182,426 |
Interest | $2,306,934 |
Payments to affiliates | $4,779,958 |
Depreciation, depletion, and amortization | $6,557,844 |
Insurance | $878,534 |
All other expenses | $134,129 |
Total functional expenses | $112,436,674 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,822,811 |
Savings and temporary cash investments | $13,363,718 |
Pledges and grants receivable | $40,096,685 |
Accounts receivable, net | $1,715,702 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,055,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,156,113 |
Net Land, buildings, and equipment | $95,155,950 |
Investments—publicly traded securities | $13,183,705 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $113,272,068 |
Total assets | $291,821,752 |
Accounts payable and accrued expenses | $20,044,057 |
Grants payable | $0 |
Deferred revenue | $15,510,270 |
Tax-exempt bond liabilities | $8,640,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $50,686,448 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $146,346,883 |
Total liabilities | $241,227,658 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $15,145,986 |
Paid-in or capital surplus, or land, building, or equipment fund | $35,448,108 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $291,821,752 |
Over the last fiscal year, University Enterprises Inc has awarded $732,145 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN LEADERSHIP FORUM PURPOSE: STIPENDS FOR STUDENTS | $11,500 |
SONOMA STATE UNIVERSITY PURPOSE: STIPENDS FOR STUDENTS | $22,331 |
SAN JOSE STATE UNIVERSITY FDN PURPOSE: STIPENDS FOR STUDENTS | $78,012 |
SAN DIEGO STATE UNIVERSITY FDN PURPOSE: STIPENDS FOR STUDENTS | $50,996 |
CSU SACRAMENTO PURPOSE: STIPENDS FOR STUDENTS | $24,204 |
HUMBOLDT STATE UNIVERSITY FDN PURPOSE: STIPENDS FOR STUDENTS | $55,992 |