2024-05-14T12:58:04-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 237213404 CALIFORNIA MARITIME ACADEMY FOUNDATION CALI 7076541085 200 MARITIME ACADEMY DRIVE VALLEJO CA 94590 FRANZ LOZANO VP & CFO, CSU MARITIME ACADEMY 7076541000 2024-05-13 1 FRANZ LOZANO 999009999 1 SARAH HINTZ P00492291 3037795710 2024-05-11 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANZ LOZANO 200 MARITIME ACADEMY DRIVE VALLEJO CA 94590 12279420 0 X WWW.CSUM.EDU X 1972 CA WORKING WITH FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, TO BROADEN CAL MARITIME'S COMMUNITY. 28 22 0 24 2684912 0 10651042 2358038 6609059 2505030 115130 806738 81512 27735 17456743 5697541 559164 504809 0 0 0 0 0 0 2525 6974083 10880900 7533247 11385709 9923496 -5688168 42390732 35610883 6952483 5201499 35438249 30409384 X WORKING WITH THE FACULTY, ALUMNI, PARENTS, DONORS, AND STUDENTS, SEEKING TO BROADEN CAL MARITIME'S COMMUNITY TO INCLUDE ALL WHO HOLD A STAKE IN ITS PAST, PRESENT, AND FUTURE. RESPONSIBILITIES INCLUDE FUNDRAISING, DONOR RELATIONS, ALUMNI AFFAIRS, LEGISLATIVEAFFAIRS, AND FUNDRAISING DATABASE MANAGEMENT. 0 0 10384960 0 233183 ACTIVITIES RELATING TO RAISING MONEY FOR SCHOLARSHIPS, SUPPORTING THE ACADEMIC AND STUDENT PROGRAMS, AND BUILDING THE ENDOWMENT. 504809 504809 SCHOLARSHIPS - SCHOLARSHIP DONATIONS ARE PROVIDED TO THE UNIVERSITY AND AWARDED TO STUDENTS TO OFFSET THE COST OF ATTENDING THE ACADEMY. 10889769 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 0 1 1 0 0 0 0 1 1 1 0 0 1 0 0 0 X 28 22 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 1 1 0 0 0 CA X X X JENNIFER RADICS JOHNSON 7076541104 200 MARITIME ACADEMY DR VALLEJO CA 95688 THOMAS CROPPER DIRECTOR (PRESIDENT,CSUMA) 4.00 40.00 X 303324 0 99822 FRANZ LOZANO FOUNDATION CONTROLLER (VP/CFO,CSUMA) 4.00 40.00 X X 214232 0 90930 LORI SCHROEDER DIRECTOR (VP ACADEMIC AFFAIRS,CSUMA) 4.00 40.00 X 242702 0 64225 RICHARD P ORTEGA DIRECTOR (VP UNIV ADV.,CSUMA) 40.00 X 268750 0 0 ASSIS MALAQUIS DIRECTOR (FACULTY CHAIR GSMA,CSUMA) 4.00 40.00 X 132806 0 53648 JENNIFER RADICS JOHNSON DTR (SR.DIR.OF ADV.OPERATIONS,CSUMA) 40.00 X 73295 0 24399 JOHN BETZ CHAIR, EXEC. COMM 4.00 X X 0 0 0 MICHAEL RODGERS VICE CHAIR,TREASURER (INTERIM) 4.00 X X 0 0 0 TIMOTHY COOMBS SECRETARY&CHAIR, AUDIT COMMITTEE 4.00 X X 0 0 0 ERIN PIERSON DTR (PRES.CAL MARITIME ALUMNI ASSOC) 4.00 X 0 0 0 MAX JONES DTR (PRES. ASSOC. STUDENTS CMA) 4.00 X 0 0 0 ALICIA PORTER-VILLALOBOS DTR (CORPS COMMANDER,CORPS OF CADETS) 4.00 X 0 0 0 MADISON DACK DTR (HOUSING DIR.,RESIDENT LIFE) 4.00 X 0 0 0 WILLIAM ANDREW DIRECTOR 4.00 X 0 0 0 GLADYS BROWN DIRECTOR 4.00 X 0 0 0 BETH KIRKPATRICK DIRECTOR 4.00 X 0 0 0 ED WASHBURN DIRECTOR 4.00 X 0 0 0 CAMERON CLARK DIRECTOR 4.00 X 0 0 0 KIM ESTES DIRECTOR 4.00 X 0 0 0 DAVID FRANKEL DIRECTOR 4.00 X 0 0 0 JOHN GIFFIN DIRECTOR 4.00 X 0 0 0 LYNN KORWATCH DIRECTOR 4.00 X 0 0 0 ADAM MOILANEN DIRECTOR 4.00 X 0 0 0 CHRISTOPHER PETERSON DIRECTOR 4.00 X 0 0 0 TODD ROBERTS DIRECTOR 4.00 X 0 0 0 MARIO CORDERO DIRECTOR 4.00 X 0 0 0 KRIS ABRUDAN DIRECTOR 4.00 X 0 0 0 MARC BAYER DIRECTOR 4.00 X 0 0 0 1235109 0 333024 0 0 1 1 CIVIL SEAS LLC 2252 EVERGREEN STREET SAN DIEGO CA 92106 MARINE BROKERAGE 548365 1 104270 2253768 1168425 2358038 VESSEL LEASE REVENUE 532284 2271847 2271847 MANAGEMENT FEE 561110 233183 233183 2505030 423275 35157 388118 6137912 650929 6132357 273021 5555 377908 383463 377908 5555 204236 104270 176501 27735 27735 5697541 233183 2684912 421408 504809 504809 4929 4929 68368 68368 674253 674253 6078 6078 24397 10079 14318 14704 14704 55977 53452 2525 1600 1600 4967525 4928729 38796 AUXILIARY SUPPORT TO CM 4084258 4084258 OTHER EXPENSES 255297 192638 62659 SUPPLIES AND EQUIPMENT 237040 237040 FDN ADMIN SERVICE FEE 212405 212405 274069 182129 91940 11385709 10889769 493415 2525 5364696 3835349 5854085 6137912 287553 161690 538904 9164 20983823 9306240 15789129 11677583 10158312 10117328 998201 4398053 2673656 42390732 35610883 117306 120904 25977 21667 6809200 5058928 6952483 5201499 X 0 0 15789129 11667583 19649120 18741801 35438249 30409384 42390732 35610883 -5688168 659303 0 X X 0 1 X 1 0 X 2275134 5844017 11984566 10651042 2358038 33112797 2275134 5844017 11984566 10651042 2358038 33112797 17020993 16091804 273331 313139 268385 341377 393673 1589905 34289 27735 62024 34764726 567804 0.46290 0.51060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12264913 451267 810523 443472 -2783015 15866246 13514934 206779 -1204034 433453 -180687 12264913 10726358 1063122 2133889 408435 13514934 9284095 2367693 -374508 169686 71575 252611 10783408 8710747 309562 320969 137148 -200595 120630 9284095 0.18327 0.81673 0 0 775929 775929 1163894 96990 1066904 19044000 9209250 9834750 11677583 LEASE RECEIVABLES 2673656 2673656 REFUNDABLE BOAT DEPOSITS 2375370 LEASE PAYABLE 2656114 OTHER CURRENT LIABILITIES 27444 5058928 X 6533346 659304 176501 835805 5697541 0 5697541 11562210 176501 176501 11385709 0 11385709 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701(D) OF THE REVENUE AND TAXATION CODE (THE CODE) AND, THEREFORE, HAS MADE NO PROVISION FOR FEDERAL OR CALIFORNIA INCOME TAXES. CONTRIBUTORS, DONORS, AND GRANTORS MAY OBTAIN TAX BENEFITS. IN ADDITION, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES ON CHARTER LEASE REVENUE RECEIVED THROUGH THE BOAT DONATION PROGRAM. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE FOUNDATIONS FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. THE FOUNDATION IS SUBJECT POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RE-ALLOCATED TO STATEMENT OF REVENUE 176,501. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE RE-ALLOCATED TO STATEMENT OF REVENUE 176,501. GALA 240501 97600 142901 3528 6000 106041 6650 18274 GOLF TOURNAMENT 42185 6670 35515 11273 4698 4458 1070 1 25820 0 25820 517 5838 560 7594 308506 104270 204236 15318 10698 116337 7210 26938 176501 27735 1 CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY 200 MARITIME ACADEMY DRIVE VALLEJO CA 94590 680316355 STATE OF CALIFORNIA 504809 0 N/A N/A STUDENT ASSISTANCE 1 0 PART I, LINE 2: THE ORGANIZATION'S GRANT FUNDS SHALL BE ADMINISTERED BY THE BOARD OF DIRECTORS FOR THE BENEFIT OF THE CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY. ANY UNRESTRICTED (UNDESIGNATED) FUNDS SHALL BE ADMINISTERED AT THE DIRECTION OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION. ANY RESTRICTED (DESIGNATED) FUNDS SHALL BE USED FOR THE SPECIFIC PURPOSE(S) INTENDED AND NO OTHER(S). 0 0 0 0 0 0 0 0 0 THOMAS CROPPER DIRECTOR (PRESIDENT,CSUMA) 303324 0 0 0 0 0 89174 0 10648 0 403146 0 0 0 LORI SCHROEDER DIRECTOR (VP ACADEMIC AFFAIRS,CSUMA) 242702 0 0 0 0 0 39995 0 24230 0 306927 0 0 0 FRANZ LOZANO FOUNDATION CONTROLLER (VP/CFO,CSUMA) 214232 0 0 0 0 0 64684 0 26246 0 305162 0 0 0 RICHARD P ORTEGA DIRECTOR (VP UNIV ADV.,CSUMA) 268750 0 0 0 0 0 0 0 0 0 268750 0 0 0 ASSIS MALAQUIS DIRECTOR (FACULTY CHAIR GSMA,CSUMA) 132806 0 0 0 0 0 31938 0 21710 0 186454 0 0 0 JENNIFER RADICS JOHNSON DTR (SR.DIR.OF ADV.OPERATIONS,CSUMA) 73295 0 0 0 0 0 23455 0 944 0 97694 0 0 0 FORM 990, SCHEDULE J, PART II THE FOLLOWING INDIVIDUALS RECEIVED THE FOLLOWING TYPES OF COMPENSATION FROM CALIFORNIA STATE UNIVERSITY MARITIME ACADEMY, AN UNRELATED ORGANIZATION: THOMAS CROPPER; BASE COMPENSATION $303,324, DEFERRED COMPENSATION $89,174, AND NONTAXABLE BENEFITS $10,648 FRANZ LOZANO; BASE COMPENSATION $214,232, DEFERRED COMPENSATION $64,684, AND NONTAXABLE BENEFITS $26,246 LORI SCHROEDER; BASE COMPENSATION $242,702, DEFERRED COMPENSATION $39,995, AND NONTAXABLE BENEFITS $24,230 ASSIS MALAQUIS; BASE COMPENSATION $132,806, DEFERRED COMPENSATION $31,938, AND NONTAXABLE BENEFITS $21,710 JENNIFER JOHNSON; BASE COMPENSATION $73,295, DEFERRED COMPENSATION $23,455, AND NONTAXABLE BENEFITS $944 RICHARD P. ORTEGA; BASE COMPENSATION $268,750 X 7 1154000 FMV X SUPPLIES 14 7755 FMV X AUCTION ITEMS 18 6670 FMV 6 1 1 1 PART I, COLUMN (B): IN PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED PER EACH PROPERTY TYPE. PART I, LINE 30B: THE ORGANIZATION RECEIVED BY CONTRIBUTION 7 BOATS THAT MUST BE HELD FOR AT LEAST 3 YEARS FROM THE DATE OF INITIAL CONTRIBUTION BEFORE BEING SOLD. PART I, LINE 32B: THE ORGANIZATION USES THIRD PARTY BOAT BROKERS TO ACQUIRE VESSEL DONATIONS. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT OF THE UNIVERSITY IN CONSULTATION WITH THE FOUNDATION BOARD PRESIDENT WILL APPOINT EX-OFFICIO BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE BEEN GRANTED AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 15 ALL PAID PERSONS INVOLVED WITH THE CALIFORNIA MARITIME ACADEMY FOUNDATION, INC. ARE EMPLOYED BY THE STATE OF CALIFORNIA AND ARE HIRED USING THE STATE'S HIRING CRITERIA. FORM 990, PART VI, SECTION C, LINE 19 ADDITIONAL INFORMATION REGARDING THE ORGANIZATION MAY BE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.