2018-04-13T13:31:58-07:00 2017-05-31 Vasin Heyn & Company 5000 N Parkway Calabasas 201 Calabasas CA 91302 990 2016-06-01 940948140 Berkeley Student Cooperative FKA Univ Students Cooperative Assn BERK 5105495959 2424 Ridge Road Berkeley CA 94709 Kimberly Benson Exec. Dir./CEO 2018-04-13 true Rolland Vasin P00644882 8182223500 2016 2021-01-29 14:40:06Z Kimberly Benson 2424 Ridge Road Berkeley CA 94709 11224433 false false X www.bsc.coop X 1934 CA Provide a quality, low cost, cooperative housing community to University students who otherwise might not be able to afford a University education. 28 20 49 1300 0 441884 447949 10355169 10244787 -42488 60213 545112 471484 11299677 11224433 113808 107988 0 2696405 2984272 0 167313 6697383 6827663 9507596 9919923 1792081 1304510 49006684 49517856 21153935 20074339 27852749 29443517 The mission of the Berkeley Student Cooperative (BSC) is to provide a quality, low-cost, cooperative housing community to University students, thereby providing an educational opportunity for students who might not otherwise be able to afford a University education. false false 7908160 Provide a quality, low cost, cooperative housing community to University students who otherwise might not be able to afford a University education. 7908160 true true false false false false false false true true true false false false true true true false false false false false false false false false false false true false true false false false false false false true false false false false false false false false false false false false false true 35 0 false 49 true false false false false false false false false 0 false false false false false false false false false false X 28 20 false false false false true true false true true false false true true true true true true true true false CA X X Steven Catano 5105495959 2424 Ridge Road Berkeley CA 94709 Kevin Ramirez President 25.00 0.00 X X 10130 0 0 Dash Stander Vice Pres/VPIA 20.00 0.00 X X 6413 0 0 Madeleine Loh Director 50.00 0.00 X 78803 0 12347 Ari Hosseini Director 5.00 0.00 X 0 0 0 Matthew Lewis Director 5.00 0.00 X 0 0 0 Shilo Pinto-Quintanilla Director 5.00 0.00 X 0 0 0 Kelly Archer Director/NECM 5.00 0.00 X 1128 0 0 Alankrita Dayal Director 5.00 0.00 X 0 0 0 Addison Beach VPCF/ Director 20.00 0.00 X 4615 0 0 Zach Gamlieli VPEA / Director 20.00 0.00 X 3545 0 0 Sarah Weinberg VPET / Director 20.00 0.00 X 3521 0 0 Andy Brotos Director 5.00 0.00 X 0 0 0 Erica Lawrence Director 5.00 0.00 X 0 0 0 Brian Judge Director 5.00 0.00 X 2606 0 0 Erendira Di Giusepee Director 5.00 0.00 X 0 0 0 Eric Huynh Director 5.00 0.00 X 0 0 0 Noel Pond-Danchik Director 5.00 0.00 X 0 0 0 Lorenzo Galdon Director 5.00 0.00 X 0 0 0 Nichole Anderson Director 5.00 0.00 X 0 0 0 Leila Mansour Director 5.00 0.00 X 0 0 0 Carlos Farias Director 5.00 0.00 X 0 0 0 Jashvina Devadoss Director 5.00 0.00 X 0 0 0 Nicole Breer Director 5.00 0.00 X 0 0 0 Luis Macias Director 5.00 0.00 X 0 0 0 Josh Lavine Director 5.00 0.00 X 0 0 0 Ishmael Ross Director / VPIA 20.00 0.00 X 0 0 0 Ariana Bautista Director 5.00 0.00 X 0 0 0 Jess Haro Director/NECM 10.00 0.00 X 1128 0 0 Jaya Mantovani Director 5.00 0.00 X 0 0 0 Jo Haupt Director 5.00 0.00 X 0 0 0 Suleekho Muse Director 5.00 0.00 X 0 0 0 Yeshe Salz Director 5.00 0.00 X 0 0 0 John Ehrlich Director 5.00 0.00 X 0 0 0 Kimberly Benson Exec Director 50.00 0.00 X 131821 0 15572 Steven Catano Fin & Acctg Mgr 50.00 0.00 X 100502 0 10211 344212 38130 2 false false false Counterforce Inc 2537 Willow Street Oakland CA 94607 Construction 724139 JJ Renovations 501 Duboce Ave Richmond CA 94801 Construction 139600 Security Engineers 1457 SOS Drive Walnut Creek CA 94597 Construction 102855 3 447949 447949 Apartments 721310 2407407 2407407 Parking & Other Fees 721310 311097 311097 Room and Board Fees 721310 7526283 7526283 10244787 60213 60213 0 0 279593 279593 279593 279593 0 0 0 0 Other income 900099 191891 191891 191891 11224433 10776484 X 0 107988 107988 0 0 373103 270510 102593 0 2125384 1371410 753974 59774 30248 29526 296523 211985 84538 129488 78081 45709 5698 0 11200 11200 42952 42952 0 0 0 0 0 0 0 0 104727 104727 0 0 0 323861 323861 0 1746507 1746507 416272 237641 178631 Food 1311579 1311579 Utilities 876112 874743 1369 Repairs and Maintenance 789802 789802 Miscellaneous 186373 127351 59022 1018278 592237 426041 9919923 7908160 1844450 167313 4525026 5349258 5387599 0 0 121882 -26282 0 0 0 56782 79522 298785 328347 65439821 33003644 32270744 32436177 3595952 9207104 0 0 0 2749914 2143730 49006684 49517856 429816 779981 1368514 1442491 17763588 17035208 147456 47852 295000 200000 1149561 568807 21153935 20074339 X 26053413 27644181 966339 966339 832997 832997 27852749 29443517 49006684 49517856 1304510 286258 X X false true X true false X 205010 342044 553176 441884 447979 1990093 10260052 10324537 10452237 10355169 10244787 51636782 0 0 0 10465062 10666581 11005413 10797053 10692766 53626875 0 0 53626875 179217 181167 42763 -42488 129106 489765 0 179217 181167 42763 -42488 129106 489765 0 125213 169621 242220 191891 728945 10644279 10972961 11217797 10996785 11013763 54845585 0.97780 0.98000 0.00890 0.01010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 878848 22773 142324 -107993 935952 935952 103361 -46657 -113808 878848 698565 228192 72688 -63493 935952 724782 5857 -32074 698565 714768 23577 -13563 724782 0.06200 0.93800 false false false 1445551 1445551 60449434 29728052 30721382 3544836 3275592 269244 32436177 Accrued Payroll and Related Liabilities 12995 Interest Payable 47784 Refundable Deposits 508028 568807 X 11510691 286258 286258 11224433 11224433 9919923 9919923 9919923 Part IV, Line 2b: Explanation of escrow account liability BSC holds money for individual houses in various separate accounts. This money is raises by houses for their use.BSC is comprised of over 1,300 student members living and/or boarding in twenty houses and apartment complexes around the UC Berkeley campus. The houses/apartments use BSC's federal tax ID to set up and maintain their checking accounts. The checking accounts are used to pay for amenities at the house levels that are not included in the BSC room & board or rent contracts such as cable TV, newspapers and periodicals, internet service, etc. Part X : FIN48 Footnote BSC is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. The IRS classified the organization as one that is not a private foundation within the meaning of section 509(a) of the Code because it is an organization described in section(s) 509(a)(1) and 170(b)(1)(A)(vi). BSC has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended May 31, 2017, BSC had no material unrecognized tax benefits, tax penalties or interest.BSCs Forms 990, Return of Organization Exempt from Income Tax, the tax years ended May 31; 2016, 2015 and 2014, are subject to examination by the IRS, generally for 3 years after they were filed. true 0 0 Scholarships for members of the BSC 110 107988 Book Grantmaker's Description of How Grants are Used Scholarships for individual BSC members are granted on the basis of unmet financial need, based on information generated by the University Financial Aid Office. A California Enterprise Dev 352273601 000000000 2016-09-22 17600000 Refund Prior Issue (Seismic & false false false A 17600000 318041 17281959 false true true true A false false false false false false false A false false false false false false false false Part VI (A) Issuer Name: California Enterprise Development Authority; Revenue Bonds (Berkeley Student Cooperative, Inc. Project) Series 2016(F) Description of Purpose: Advance Refunding of 2007 Series Bonds (Seismic & Disabled Access Improvements) Alankrita Dayal Director 1006 Scholarship Scholarship/Housing Jashvina Devadoss Director 1128 Scholarship Scholarship/Housing Jo Haupt Director 811 Scholarship Scholarship/Housing Luis Macias Director 1128 Scholarship Scholarship/Housing Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Membership is open to full-time University students regardless of race, religion or political affiliation, upon payment of a life membership fee. There is only one class of membership. All members enjoy the same rights and privileges. Form 990, Part VI, Line 11b: Form 990 Review Process The Executive Director, Finance & Accounting Manager, and Vice President of Capital & Finance review the Form 990. The Form 990 then goes to the Capital & Finance Committee for further review and approval. Then the Board of Directors reviews the final tax return. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a written Conflict of Interest policy which requires it to monitor conflicts of interest through a written disclosure questionnaire implemented annually in the spring. The questionnaire is completed by all employees, all Executive Officers, and all Board Members. The organization also trains staff, Board Members and Executives on the duty to disclose conflicts of interest as they arise throughout the year. The Executive Director in the first instance examines any disclosures by staff of potential conflicts of interest to determine whether an actual conflict exists. The cabinet examines any disclosures by the Board Members, Executives, and Senior Management. The Audit Committee is charged with making decisions concerning resolution of conflicts of interest involving Directors, Executive Officers, and Senior Management. The President is responsible for reviewing disclosures and resolving conflicts by the Chair of the Audit Committee. The Executive Director is responsible for resolving all conflicts of interests by the staff, subject to approval by the cabinet. Depending on who is responsible for the conflict of interest, an actual conflict of interest, and the restrictions it requires, it may be resolved by the cabinet of Executive Officers or by the Audit Committee. The restrictions that may be imposed range from a change in scope of authority to termination, depending on the facts of the case. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The BSC annually compares salaries and benefits, including the Executive Director's, to those of comparable nonprofits in the bay area, using a nonprofit wage and benefits survey, called Fair Pay.In 2016, the BSC also engaged a professional compensation consultant to review and advise the Board on all professional staff salaries/wages. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The BSC annually compares salaries and benefits, including the Executive Director's, to those of comparable nonprofits in the bay area, using a nonprofit wage and benefits survey, called Fair Pay.In 2016, the BSC also engaged a professional compensation consultant to review and advise the Board on all professional staff salaries/wages. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Many of the documents are available online at www.bsc.coop Form 990, Part IX, Line 24e: Other Expenses Administrative Fees: Column (A) - Total = $2750; Column (B) - Program Services = $0; Column (C) - Management & General = $2750; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Bad Debts: Column (A) - Total = $67179; Column (B) - Program Services = $67179; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Bank Fees: Column (A) - Total = $153423; Column (B) - Program Services = $28829; Column (C) - Management & General = $124594; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Board and Staff Training: Column (A) - Total = $65913; Column (B) - Program Services = $0; Column (C) - Management & General = $65913; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Member Services: Column (A) - Total = $109300; Column (B) - Program Services = $109300; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Outside Services: Column (A) - Total = $155884; Column (B) - Program Services = $10000; Column (C) - Management & General = $145884; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $19707; Column (B) - Program Services = $0; Column (C) - Management & General = $19707; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Supplies: Column (A) - Total = $175256; Column (B) - Program Services = $143440; Column (C) - Management & General = $31816; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Taxes and Licenses: Column (A) - Total = $111757; Column (B) - Program Services = $111757; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Telephone: Column (A) - Total = $157109; Column (B) - Program Services = $121732; Column (C) - Management & General = $35377; Column (D) - Fundraising = $0 Form 990, Part XII, Line 2: Change of Oversight or Selection Process The oversight process is performed by the Audit Committee which is responsible for the compilation of the financial statements review of the audited financial statements as well as the selection of an independent auditing firm.