2024-03-21T08:40:49-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-07-01 952417645 CAL POLY POMONA FOUNDATION INC CALP 9098693154 3801 WEST TEMPLE AVE BLDG 55 POMONA CA 917684038 JARED G CEJA CHIEF EXECUTIVE OFFICER 9098693154 2024-03-20 1 JARED CEJA 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2024-03-19 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JARED G CEJA 3801 WEST TEMPLE AVE BLDG 55 POMONA CA 917684038 131100190 0 X WWW.FOUNDATION.CPP.EDU X 1966 CA TO AID THE EDUCATIONAL MISSION OF CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA. 24 12 2408 100 6202822 0 18435820 22887994 25823735 79598268 1156656 -439666 17420447 0 62836658 102046596 4306894 5861588 0 0 24044770 35061423 0 0 0 25323237 47157482 53674901 88080493 9161757 13966103 190787176 209062085 145455525 147122101 45331651 61939984 X THE ORGANIZATION'S MISSION IS TO ENGAGE IN ENTERPRISE AND PROGRAMS SUPPORT ACTIVITIES TO AID THE EDUCATIONAL MISSION OF CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA FOR THE BENEFITS OF STUDENTS, FACULTY, STAFF, ALUMNI AND VISITORS. 0 0 19576249 20636718 DINING SERVICES - OPERATES A DIVERSE ARRAY OF DINING VENUES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF, AND OTHER UNIVERSITY CONSTITUENTS. THE MISSION OF THE ENTERPRISE FOUNDATION DINING SERVICES IS TO DELIVER QUALITY FOOD SERVICES AT AFFORDABLE PRICES WHILE PROVIDING VALUABLE STUDENT WORK EMPLOYMENT OPPORTUNITITES AND RESOURCE SUPPORT TO THE CAL POLY POMONA COMMUNITY. EACH YEAR, OVER 500 STUDENTS FROM ALL ACADEMIC DISCIPLINES GAIN LEADERSHIP SKILLS AND BENEFICIAL WORK EXPERIENCES BY WORKING IN RESIDENTIAL AND RETAIL DINING OPERATIONS. 11277969 11851953 BRONCO BOOKSTORE - OFFERS THE ACADEMIC COMMUNITY ALL OF THE COURSE MATERIALS, SUPPLIES, TECHNOLOGY, SPIRIT GEAR, AND TOOLS NECESSARY FOR A SUCCESSFUL UNIVERSITY EXPERIENCE. IT'S MISSION IS TO PROVIDE THESE GOODS, AND SERVICES IN THE MOST AFFORDABLE AND CONVENIENT MANNER POSSIBLE. THE BRONCO BOOKSTORE ALSO SUPPORTS FACULTY EFFORTS TO IDENTIFY THE COURSE MATERIALS THAT ARE MOST ADVANTEGOUS FOR STUDENT LEARNING AND COMPLETION. STAFF TAKE PRIDE IN DEVELOPING STUDENT EMPLOYEES WITH CO-CURRICULAR EXPERIENCES THAT ENHANCE THEIR CLASSROOM LEARNING. 8526492 11130620 UNIVERSITY VILLAGE - THE VILLAGE OFFERS VALUABLE, WELL-MAINTAINED, AND FURNISHED ACCOMODATIONS FOR OVER 1,200 CAL POLY POMONA STUDENTS EACH YEAR. BY FOCUSING ON INTERPERSONAL RELATIONSHIPS WITH ITS RESIDENTS, HOUSING SERVICES STRIVES TO CREATE A SAFE, RESPECTFUL AND INCLUSIVE COMMUNITY. STUDENTS ENGAGE WITH A SUPPORTIVE STAFF AND DYNAMIC ENVIRONMENT THAT CONTINUALLY WORKS TO ADAPT TO RESIDENT NEEDS. THE UNIVERSITY VILLAGE PRIDES ITSELF ON ADVANCING STUDENT SUCCESS THROUGH A HOLISTIC, CO-CURRICULAR EDUCATION, AND STUDENT EMPLOYMENT OPPORTUNITIES. 33323860 5861588 29783255 OTHER PROGRAM SERVICES 33323860 5861588 29783255 72704570 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 164 0 1 2408 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JOANNE MATHEW 9098693154 3801 WEST TEMPLE AVENUE BLDG 55 POMONA CA 917684038 SORAYA M COLEY CHAIRMAN 0.50 40.00 X X 0 472160 117071 YSABEL D TRINIDAD VICE CHAIR 0.50 40.00 X X 0 308116 112057 JOHN W MCGUTHRY DIRECTOR 0.50 40.00 X 0 264956 100193 CHRISTINA M GONZALES DIRECTOR 0.50 40.00 X 0 278468 49988 DANIEL E MONTPLAISIR DIRECTOR (UNTIL 02/23) 0.50 40.00 X 0 253616 43486 MARTIN SANCHO-MADRIZ SECRETARY/TREASURER 0.50 40.00 X X 0 205234 84471 JARED CEJA CHIEF EXECUTIVE OFFICER 40.00 X 241946 0 44572 AARON NEILSEN DIRECTOR OF DINING 40.00 X 166396 0 42807 PHYLLIS NELSON DIRECTOR 0.50 40.00 X 0 149598 56222 APRIL JIMENEZ-VALADEZ DIRECTOR 0.50 40.00 X 0 116596 81453 JOANNE MATHEW CHIEF FINANCIAL OFFICER 40.00 X 162348 0 33531 RANDY WALLACE JR CORPORATE BROKERAGE OFFICER 40.00 X 137964 0 39929 HOMEYRA R SADAGHIANI DIRECTOR 0.50 40.00 X 4904 117138 54745 NICHOLAS R VAN GLAHN DIRECTOR 0.50 40.00 X 0 116000 60618 CLINT AASE DIRECTOR OF BOOKSTORE 40.00 X 147044 0 25107 RICARDO QUINTERO EXECUTIVE DIRECTOR OF TRIO 40.00 X 127107 0 38527 DAVID LAXAMANA DIRECTOR OF UNIVERSITY VILLAGE 40.00 X 123147 0 35979 SHARI BENSON CHIEF HR OFFICER 40.00 X 128783 0 12285 STEPHANIE PASTOR DIRECTOR 0.50 40.00 X 0 80485 32458 DEBORAH A GOMAN DIRECTOR 0.50 40.00 X 0 66365 29717 JENNIFER L BROWN DIRECTOR 0.50 X 14000 0 0 MAYRA BROWN DIRECTOR AT LARGE 0.50 X 0 0 0 ERICA FRAUSTO DIRECTOR AT LARGE 0.50 X 0 0 0 LOWELL OVERTON DIRECTOR AT LARGE 0.50 X 0 0 0 OLIVER SANTOS DIRECTOR AT LARGE 0.50 X 0 0 0 DAVID SPEAK DIRECTOR AT LARGE 0.50 X 0 0 0 RUBY SUCHECKI DIRECTOR AT LARGE 0.50 X 0 0 0 MARYANN TOLANO LEVEQUE DIRECTOR AT LARGE 0.50 X 0 0 0 DANIEL FONCELLO DIRECTOR 0.50 X 0 0 0 EMILY HAN DIRECTOR 0.50 X 0 0 0 CYNTHIA NELSON DIRECTOR 0.50 X 0 0 0 ALIZA ORTEGA DIRECTOR 0.50 X 0 0 0 FRANCES TEVES DIRECTOR 0.50 X 0 0 0 1253639 2428732 1095216 14 0 1 0 M & M CLEANING SERVICES LLC 3751 MERCED DRIVE STE D RIVERSIDE CA 92503 CLEANING SERVICES 654454 ALDRICH CPAS AND ADVISORS LLP PO BOX 35142 LB 1035 SEATTLE WA 981245142 AUDIT & TAX 148400 ROBERT W SMALL 454 CHAMPLAIN DRIVE CLAREMONT CA 917112753 TOUR SERVICES 113765 3 21707965 1180029 22887994 ENTERPRISE ACTIVITIES 900099 49901463 47183385 2718078 EDUCATIONAL ACTIVITIES 900099 19231851 18128242 1103609 REAL ESTATE ACTIVITIES 900099 10464954 8090919 2374035 79598268 850749 7100 843649 27763179 29053594 -1290415 -1290415 -1290415 102046596 73402546 6202822 -446766 3628149 3628149 2233439 2233439 659544 659544 24859812 20998907 3860905 4199230 2662791 1536439 3952794 2563782 1389012 1390043 1098134 291909 88691 6493 82198 290540 98099 192441 65532 65532 3862799 2932227 930572 344799 172677 172122 4094167 4094167 700504 317785 382719 909843 284541 625302 3387521 2868779 518742 914894 815653 99241 53938 32560 21378 1293530 1293530 3756291 2740234 1016057 611068 378790 232278 COST OF GOODS SOLD 16396587 16396587 INDIRECT COST 3525579 2463726 1061853 REPAIRS AND MAINTENANCE 2064609 446484 1618125 PACE COURSE FEE REMITTA 417500 417500 4379090 3759536 619554 88080493 72704570 15375923 0 2906639 181611 719908 15638238 2819445 2697823 13571023 12432992 1937763 1788820 305391 251613 66092697 45673061 42575012 20419636 21193878 26694202 6579499 6283435 513209 18019696 97665409 104654019 190787176 209062085 4707573 4482319 2096333 3320909 1729024 1970160 136922595 137348713 145455525 147122101 X 20156509 40733947 25175142 21206037 45331651 61939984 190787176 209062085 13966103 2642230 0 X 0 1 X 1 1 1 X X 1 CALIFORNIA STATE POLYTECHNIC UNIVERSITY PONOMA 954255659 5 1 249163 3378986 1 249163 3378986 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3 - ROLE OF SUPPORTED ORGANIZATIONS THE UNIVERSITY'S ADMINISTRATIVE ORGANIZATION SUPERVISES THE FOUNDATION, AS REQUIRED BY TITLE 5, CALIFORNIA CODE OF REGULATIONS, SECTION 42402; A MAJORITY OF THE BOARD OF DIRECTORS ARE EMPLOYEES OF THE UNIVERSITY; A MAJORITY OF THE FINANCE AND INVESTMENT COMMITTEE MEMBERS ARE EMPLOYEES OF THE UNIVERSITY. PART IV, SECTION E, LINE 2A - EXPLANATION OF SUPPORTED ORGAN UNDER SECTION 89911 ET SEQ. OF THE CALIFORNIA EDUCATION CODE, THE FOUNDATION IS A DESIGNATED AUXILIARY ORGANIZATION SERVING EXCLUSIVELY THE UNIVERSITY, WITH AUTHORIZED FUNCTIONS IN FURTHERANCE OF THE UNIVERSITY'S EXEMPT PURPOSE. THE FOUNDATION PROVIDES ESSENTIAL FUNCTIONS WHICH ARE AN INTEGRAL PART OF THE EDUCATIONAL MISSION OF THE UNIVERSITY. THE UNIVERSITY ENCOURAGES AN ACTIVE ROLE OF THE FOUNDATION IN SUPPORT SERVICES ASSOCIATED WITH THESE FUNCTIONS: A. EXTERNALLY FUNDED PROJECTS AND PROGRAMS B. INSTRUCTIONALLY-RELATED PROGRAMS AND ACTIVITIES C. PUBLIC RELATIONS AND FUND MANAGEMENT D. BOOKSTORES E. FOOD SERVICES F. CAMPUS SERVICES G. AFFORDABLE HOUSING H. ACQUISITION AND DEVELOPMENT OF REAL PROPERTY I. OTHER FUNCTIONS APPROVED BY THE BOARD OF TRUSTEES AND AUTHORIZED BY THE UNIVERSITY. PART IV, SECTION E, LINE 2B - EXPLANATION OF ORG'S INV. THE UNIVERSITY AND THE FOUNDATION HAVE ENTERED INTO A WRITTEN OPERATING AGREEMENT SPECIFYING THE AUTHORIZED SUPPORT FUNCTIONS AND THE INTEGRAL RELATIONSHIP BETWEEN THE TWO ENTITIES. THE BOARD OF TRUSTEES OF THE UNIVERSITY FIND CERTAIN SUPPORT FUNCTIONS ADVANTAGEOUS TO THE MISSION OF THE CALIFORNIA STATE UNIVERSITY, MORE EFFECTIVELY ACCOMPLISHED BY THE PARTICIPATION OF THE FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7102904 7102904 45751087 34128213 11622874 143638 134896 8742 13095068 11409952 1685116 20419636 ASSETS HELD FOR SALE 349807 NET PENSION LIABILITY 6750417 NET OPEB LIABILITIES 3041762 LEASE RECEIVABLES 93947219 CONSTRUCTION IN PROGRESS 564814 104654019 NET PENSION LIABILITY 16780469 NET OPEB LIABILITY 8097311 DUE TO RELATED PARTIES 1011626 SPLIT INTEREST AGREEMENTS 715310 UNITRUST LIABILITY 725271 LEASES 91018444 RIGHT-OF-USE LEASE OBLIGATION 19000282 137348713 X 104623294 2642230 2642230 101981064 65532 65532 102046596 88014961 0 88014961 65532 65532 88080493 PART X, LINE 2: THE FOUNDATION IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT LAWS OF CALIFORNIA AND IS RECOGNIZED AS AN EXEMPT ORGANIZATION FOR BOTH FEDERAL AND CALIFORNIA PURPOSES UNDER SECTION 501(C)(3) AND 23701(D), RESPECTIVELY. THE FOUNDATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE TAX POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE FOUNDATION'S CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE IS UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. 1 CALIFORNIA STATE POLYTECHNIC UNIVERSITY 3801 W TEMPLE AVENUE POMONA CA 91768 954255659 115 249163 3378986 NBV BUILDING IMPROVEMENTS, EQUIPMENT, RENOVATIONS SUPPORT UNIVERSITY 1 0 SCHOLARSHIPS 1265 2233439 PART I, LINE 2: ALL SCHOLARSHIP AND OTHER FINANCIAL ASSISTANCE PAYMENTS ARE MONITORED BY THE FINANCIAL AID DEPARTMENT OF CALIFORNIA STATE POLYTECHNIC UNIVERSITY, POMONA. THE FOUNDATION VERIFIES AND APPROVES ALL ELIGIBILITY REQUIREMENTS RELATING TO SPECIFIC PROGRAMS TO ENSURE COMPLIANCE WITH PROJECT TERMS AND CONDITIONS AND DONOR RESTRICTIONS. FINANCIAL AID ALSO MAINTAINS RECORDS OF ALL FINANCIAL ASSISTANCE PAYMENTS PAID DURING THE FISCAL PERIOD. X 1 0 X X X 0 0 0 0 0 0 0 0 0 SORAYA M COLEY CHAIRMAN 0 472160 0 0 0 0 0 96874 0 20197 0 589231 0 0 YSABEL D TRINIDAD VICE CHAIR 0 308116 0 0 0 0 0 92019 0 20038 0 420173 0 0 JOHN W MCGUTHRY DIRECTOR 0 264956 0 0 0 0 0 80155 0 20038 0 365149 0 0 CHRISTINA M GONZALES DIRECTOR 0 278468 0 0 0 0 0 39499 0 10489 0 328456 0 0 DANIEL E MONTPLAISIR DIRECTOR (UNTIL 02/23) 0 253616 0 0 0 0 0 39715 0 3771 0 297102 0 0 MARTIN SANCHO-MADRIZ SECRETARY/TREASURER 0 205234 0 0 0 0 0 64433 0 20038 0 289705 0 0 JARED CEJA CHIEF EXECUTIVE OFFICER 241946 0 0 0 0 0 20943 0 23629 0 286518 0 0 0 AARON NEILSEN DIRECTOR OF DINING 166396 0 0 0 0 0 20077 0 22730 0 209203 0 0 0 PHYLLIS NELSON DIRECTOR 0 149598 0 0 0 0 0 45783 0 10439 0 205820 0 0 APRIL JIMENEZ-VALADEZ DIRECTOR 0 116596 0 0 0 0 0 33599 0 47854 0 198049 0 0 JOANNE MATHEW CHIEF FINANCIAL OFFICER 162348 0 0 0 0 0 10892 0 22639 0 195879 0 0 0 RANDY WALLACE JR CORPORATE BROKERAGE OFFICER 137964 0 0 0 0 0 16089 0 23840 0 177893 0 0 0 HOMEYRA R SADAGHIANI DIRECTOR 4904 117138 0 0 0 0 0 34767 0 19978 4904 171883 0 0 NICHOLAS R VAN GLAHN DIRECTOR 0 116000 0 0 0 0 0 34423 0 26195 0 176618 0 0 CLINT AASE DIRECTOR OF BOOKSTORE 147044 0 0 0 0 0 16863 0 8244 0 172151 0 0 0 RICARDO QUINTERO EXECUTIVE DIRECTOR OF TRIO 127107 0 0 0 0 0 15822 0 22705 0 165634 0 0 0 DAVID LAXAMANA DIRECTOR OF UNIVERSITY VILLAGE 123147 0 0 0 0 0 14714 0 21265 0 159126 0 0 0 PART I, LINE 1B PERSONAL SERVICES: MAID SERVICES WERE PROVIDED FOR SORAYA COLEY, CHAIR OF THE BOARD AT HER RESIDENCE LOCATED ON CAMPUS. THE AMOUNT WAS NOT TREATED AS TAXABLE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT RETURN IS REVIEWED BY THE ENTERPRISE FOUNDATION MANAGEMENT, FOLLOWED BY THE VICE PRESIDENT OF FINANCE AT THE UNIVERSITY. IT IS THEN PRESENTED TO THE FINANCE & INVESTMENT COMMITTEE FOR ACCEPTANCE AND THEN FORWARDED TO THE BOARD FOR FINAL ACCEPTANCE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENLY MONITORS AND ENFORCE COMPLIANCE WITH IT'S CONFLICT OF INTEREST POLICY. THE POLICY DOES REQUIRE AN ANNUAL DISCLOSURE, WITH SIGNATURE, THAT COULD GIVE RISE TO CONFLICTS OF INTEREST OF FAMILY AND BUSINESS RELATIONSHIPS AMONG OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION (INCLUDING BENEFITS) OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER IS SUBJECT TO THE FOUNDATION'S EXECUTIVE COMPENSATION POLICY # 126. THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER AS FOLLOWS: THE BOARD SHALL CONSIDER THE COMPENSATION OF COMPARABLE EMPLOYMENT POSITIONS PAID BY COMPARABLE ORGANIZATIONS. THE BOARD SHALL ALSO TAKE INTO ACCOUNT ANY OTHER RELEVANT INFORMATION AND FACTORS IN DETERMINING THE REASONABLENESS OF EXECUTIVE COMPENSATION. THE MINUTES SHALL REFLECT THE CONSIDERATION OF THE BOARD AS TO THE ISSUE OF EXECUTIVE COMPENSATION. ONLY THOSE MEMBERS OF THE BOARD WHO ARE FREE OF CONFLICTS OF INTEREST MAY BE INVOLVED IN EVALUATION OF EXECUTIVE COMPENSATION. THE BOARD SHALL UNDERTAKE THIS REVIEW PROCESS UPON THE HIRING OF A NEW EMPLOYEE FOR EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER, AND UPON THE MODIFICATION OF THE COMPENSATION FOR SUCH POSITION, BUT IN NO CASE LESS THAN ANNUALLY. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS: ALL EMPLOYEES HAVE A WRITTEN JOB DESCRIPTION FOR WHICH THEIR PERFORMANCE IS MEASURED ANNUALLY USING A RATING SCALE SYSTEM. BOTH THE EMPLOYEE AND REPORTING SUPERVISOR HAVE AN OPPORTUNITY TO PROVIDE INPUT ON THE ANNUAL EVALUATION, AND A REVIEW OF EACH EVALUATION IS COMPLETED BY REPORTING SUPERVISOR'S MANAGER. THE OVERALL POINT VALUE IS ONE SOURCE OF INPUT FOR THE RATE OF INCREASE, IF ANY. COMPENSATION COMPARABILITY IS COMPLETED BY USING THE AOA COMPENSATION SURVEY, WHICH INCLUDES AS MANY AS 50 POSITIONS FROM OTHER CSU AUXILIARIES, AND ALSO INCLUDES A REVIEW OF THE PUBLISHED CSU SALARY LETTERS AND THEIR RESPECTIVE WRITTEN JOB DESCRIPTIONS AND CURRENT MARKET DATA. THIS ANALYSIS IS CONDUCTED INDEPENDENTLY WITHIN HUMAN RESOURCES AND THE RESULTING DATA ALONG WITH THE ORGANIZATION'S HISTORICAL PRACTICES ARE USED TO DEVELOP THE SALARY RANGES, WHICH ARE ULTIMATELY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS, AND DOCUMENTED ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES #221 AND #222 AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE, INTRANET SITE AND UPON REQUEST. CALIFORNIA STATE POLYTECHNIC UNIVERSITY PONOMA 3801 W TEMPLE AVE PONOMA CA 91768 954255659 HIGHER EDUCATION CA 115 N/A 0 CAL POLY POMONA PHILANTHROPIC FOUNDATION 3801 W TEMPLE AVE PONOMA CA 91768 832300241 FUNDRAISING AND GIFT MANAGEMENT FOR CAL POLY PONOMA UNIVERSITY CA 501(C)(3) LINE 5 N/A 0 CHARITABLE REMAINDER TRUST CA N/A T 0 0 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0