2015-05-08T13:55:50-05:00 2014-06-30 420714325 MCGLADREY LLP 515 S FLOWER ST 41ST FL LOS ANGELES CA 90071 990 2013-07-01 950516240 AZTEC SHOPS LTD AZTE 6195946954 5500 CAMPANILE DRIVE SAN DIEGO CA 921821701 LISA ALBERS CONTROLLER 6195947590 2015-05-05 1 CHRISTOPHER M PEKULA P00734965 2133304800 2013 2016-02-25 16:41:14Z DONNA TUSACK 5500 CAMPANILE DRIVE SAN DIEGO CA 921821701 61127433 0 X WWW.AZTECSHOPS.COM X 1932 CA PROVIDE SUPPORTIVE COMMERCIAL SERVICES FOR SAN DIEGO STATE UNIVERSITY, INCLUDING BOOKSTORE, DINING SERVICES AND STUDENT HOUSING OPERATIONS. 12 7 1480 0 996377 0 396978 387275 10744661 15339159 37742 -62430 23572203 24286715 34751584 39950719 365000 765000 0 0 13627377 16610106 0 0 0 15927626 20920633 29920003 38295739 4831581 1654980 93172857 99915811 92012407 97130292 1160450 2785519 X TO PROVIDE COMMERCIAL ACTIVITIES, INCLUDING THE VENDING AND SALE OF FOOD, SUPPLIES, AND RESALE MERCHANDISE ANYWHERE ON BEHALF OF THE UNIVERSITY - HOUSING, PROPERTY ACQUISITION AND DEVELOPMENT, AND ADMINISTRATION OF OTHER BUSINESS ACTIVITIES AS DETERMINED BY THE VICE PRESIDENT FOR BUSINESS AND FINANCIAL AFFAIRS OF SAN DIEGO STATE UNIVERSITY, WHEN IT IS DEEMED TO BE MORE EFFECTIVE TO ACCOMPLISH SUCH FUNCTIONS AND ACTIVITIES THROUGH AZTEC SHOPS. 0 0 14304364 16479442 AZTEC SHOPS IS RESPONSIBLE FOR ALL RESTAURANTS AND FOOD SERVICE OUTLETS SERVING ALMOST 40,000 STUDENTS, FACULTY AND STAFF OF SAN DIEGO STATE UNIVERSITY. THE ORGANIZATION OPERATES SDSU'S MEAL PLAN PROGRAM, RESIDENCE HALL DINING PROGRAMS, CAMPUS CATERING AND CONCESSIONS, AND OUR OWN BRANDED RESTAURANTS AND CONVENIENCE STORES. 5451914 8409879 CAMPUS STORES - THE SDSU BOOKSTORE IS ONE OF THE LARGEST VOLUME CAMPUS BOOKSTORES IN THE COUNTRY. THE 25,000 SQUARE FOOT FACILITY CARRIES COURSE MATERIALS AND SUPPLIES FOR EVERY CLASS TAUGHT AT SAN DIEGO STATE UNIVERSITY. THE SDSU BOOKSTORE IS THE LARGEST CAMPUS BOOKSTORE PROVIDER OF E-TEXTBOOKS IN THE COUNTRY. AZTEC SHOPS ALSO OPERATES THE SDSU BOOKSTORE SATELLITE LOCATION AT THE SDSU BRANCH CAMPUS IN CALEXICO, CALIFORNIA. THROUGH THE BOOKSTORE, SATELLITE STORES AND ITS WEBSITE, AZTEC SHOPS IS THE PREFERRED PROVIDER OF SDSU-IMPRINTED CLOTHING AND MERCHANDISE TO CURRENT STUDENTS AS WELL AS MORE THAN 200,000 LIVING ALUMNI OF SAN DIEGO STATE UNIVERSITY. 6392690 7185703 STUDENT APARTMENTS - AZTEC SHOPS OWNS SEVERAL APARTMENT COMPLEXES ADJACENT TO SAN DIEGO STATE UNIVERSITY. THE VAST MAJORITY OF TENANTS IN THE APPROXIMATELY 400 APARTMENTS DURING THE 2013-14 ACADEMIC YEAR WERE SDSU STUDENTS WITH MORE THAN 50% OF THE UNITS RENTED DIRECTLY BY THE UNIVERSITY FOR USE BY ITS OFFICE OF HOUSING ADMINISTRATION. 2576052 3579344 UNIVERSITY TOWERS RESIDENCE HALL - AZTEC SHOPS OWNS AND OPERATES, IN CONJUNCTION WITH SAN DIEGO STATE UNIVERSITY'S OFFICE OF HOUSING ADMINISTRATION, THE UNIVERSITY TOWERS RESIDENCE HALL ON THE CAMPUS OF SAN DIEGO STATE UNIVERSITY. UNIVERSITY TOWERS WAS THE "HOME AWAY FROM HOME" FOR MORE THAN 500 MAINLY FRESHMAN STUDENTS OF SAN DIEGO STATE UNIVERSITY DURING THE 2013-14 ACADEMIC YEAR, PROVIDING A LIVING ENVIRONMENT FOSTERING ACADEMIC EXCELLENCE AND PERSONAL GROWTH. 1284261 1225084 CONFERENCE SERVICES - DURING THE SUMMER SDSU CONFERENCE SERVICES SERVES GROUPS RANGING IN SIZE FROM 10 TO 3,000 PEOPLE IN 75 CONFERENCES AND WORKSHOPS. TO HELP MAKE EACH GATHERING A SUCCESS, SDSU CONFERENCE SERVICES FOCUSES ON ADVANCE PREPARATION AND PLANNING ASSISTANCE, INCLUDING ON-CAMPUS FACILITIES SCHEDULING, ON-CAMPUS FOOD SERVICE, INSTRUCTIONAL MEDIA ASSISTANCE, HOUSING AND ADMINISTRATION. 395929 467801 ROAD SCHOLAR PROGRAM - ROAD SCHOLAR IS THE NATION'S FIRST AND THE WORLD'S LARGEST EDUCATIONAL AND TRAVEL ORGANIZATION FOR ADULTS 55 AND OVER. AZTEC SHOPS HAS OFFERED ROAD SCHOLAR PROGRAMS FOR SAN DIEGO STATE UNIVERSITY FOR OVER 20 YEARS. AZTEC SHOPS HAS SUCCESSFULLY HOSTED THOUSANDS OF ROAD SCHOLARS SINCE 1992. 445000 445000 CONTRIBUTION FROM OUTSIDE VENDOR - AZTEC SHOPS IS ENGAGED IN A MULTI-YEAR AGREEMENT WITH A VENDOR AND SAN DIEGO STATE UNIVERSITY IN WHICH ALL MONIES RECEIVED BY AZTEC SHOPS ARE SUBSEQUENTLY CONTRIBUTED TO THE UNIVERSITY. 0 318465 MISCELLANEOUS INCOME - RECEIPTS AND REIMBURSEMENTS FOR VARIOUS COMMERCIAL SERVICES PROVIDED BY AZTEC SHOPS TO THE SAN DIEGO STATE UNIVERSITY CAMPUS COMMUNITY. 105035 150000 RENTAL OF FACILITIES - THE IMPERIAL VALLEY CAMPUS AT BRAWLEY IS A BRANCH CAMPUS OF SAN DIEGO STATE UNIVERSITY SERVING THE DESERT AREA OF SOUTHEASTERN CALIFORNIA. THE CAMPUS OFFERS THE LAST TWO YEARS OF UNDERGRADUATE EDUCATION, GRADUATE PROGRAMS, AND FIFTH YEAR CREDENTIAL PROGRAMS FOR TEACHER PREPARATION. TO FURTHER THE EDUCATIONAL MISSION OF SAN DIEGO STATE UNIVERSITY IN THE COMMUNITY OF IMPERIAL VALLEY, AZTEC SHOPS PROVIDES CLASSROOM AND ADMINISTRATIVE OFFICE FACILITIES FOR RENTAL TO SAN DIEGO STATE UNIVERSITY FOR THEIR BRAWLEY CAMPUS. 0 1018 RENTAL OF FACILITIES - THE DOWNTOWN ART GALLERY FUNCTIONS AS A WORKSHOP FOR INTERN AND VOLUNTEER STUDENTS FROM THE SAN DIEGO STATE UNIVERSITY SCHOOL OF ART WHO ASSIST WITH THE ORGANIZATION OF EXHIBITIONS AND RELATED PROGRAMMING. AZTEC SHOPS LEASES THE GALLERY SPACE AND MAINTAINS OCCUPANCY SERVICES FOR SAN DIEGO STATE UNIVERSITY'S ART GALLERY. 765000 765000 0 ALLOCATIONS - AZTEC SHOPS, AT THE DISCRETION OF ITS BOARD OF DIRECTORS, PROVIDES FOR ANNUAL ALLOCATIONS TO SAN DIEGO STATE UNIVERSITY AND ITS AFFILIATED ORGANIZATIONS. DURING THE CURRENT YEAR, ALLOCATIONS WERE MADE TO THE ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY AND SAN DIEGO STATE UNIVERSITY. 5571277 765000 6186712 31720245 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 88 0 1 1480 1 1 1 0 0 0 0 0 0 0 0 0 X 12 7 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X LISA ALBERS CONTROLLER 6195946954 5500 CAMPANILE DRIVE SAN DIEGO CA 921821701 JONATHAN COLE STUDENT BOARD MEMBER 2.00 X 0 0 0 DR ANDREA ROLLINS UNIVERISTY BOARD MEMBER 2.00 40.00 X 0 126744 35455 WILLIAM EARLEY COMMUNITY BOARD MEMBER 2.00 X 0 0 0 JORDAN HARRISON STUDENT BOARD MEMBER 2.00 X 0 0 0 MATT KEIPPER COMMUNITY BOARD MEMBER 2.00 X 0 0 0 MARIAH KELLY STUDENT BOARD MEMBER 2.00 X 0 0 0 DR SETH MALLIOS UNIVERSITY BOARD MEMBER 2.00 40.00 X 0 90703 42335 TOM MCCARRON UNIVERSITY BOARD MEMBER 2.00 40.00 X 0 149278 27376 JOSH MORSE STUDENT BOARD MEMBER 2.00 X 0 0 0 KYLE MURPHY STUDENT BOARD MEMBER 2.00 X 0 0 0 ERIC RIVERA UNIVERSITY BOARD MEMBER 2.00 40.00 X 0 169658 56950 ERIKA TISCHOFER STUDENT BOARD MEMBER 2.00 X 0 0 0 CARL WINSTON UNIVERSITY BOARD MEMBER 2.00 40.00 X 0 137500 54493 DONNA TUSACK CHIEF EXECUTIVE OFFICER 40.00 X 223088 0 65667 LISA ALBERS CONTROLLER 40.00 X 129056 0 43796 JAHAN JAMSHIDI DIRECTOR IT 40.00 X 165032 0 57410 TODD SUMMER DIRECTOR CAMPUS STORES 40.00 X 151593 0 41411 PAUL MELCHIOR DIRECTOR DINING SERVICES 40.00 X 129274 0 50319 MARTHA SPECK DIR MANAGEMENT SERVICES 40.00 X 120002 0 34173 ROBERT WILLIAMS DIR BUSINESS DEVELOPMENT 40.00 X 118424 0 40910 1036469 673883 550295 9 0 1 0 AMERICAN CAMPUS COMMUNITIES 12700 HILL COUNTRY BLVD STE T-200 AUSTIN TX 78738 APARTMENT MANAGEMENT 518212 GMI BUILDING SERVICES 8001 VICKERS STREET SAN DIEGO CA 92111 CUSTODIAL 489467 MG PROPERTIES GROUP 10505 SORRENTO VALLEY RD STE 300 SAN DIEGO CA 92121 APARTMENT MANAGEMENT 370422 MCGLADREY LLP 1455 FRAZEE ROAD STE 600 SAN DIEGO CA 92108 AUDIT SERVICES 108285 KRONOS 18400 VON KARMAN STE 600 IRVINE CA 92612 SOFTWARE SUPPORT SERVICES 101001 5 387275 387275 STUDENT APARTMENTS 531110 7185703 7185703 UNIVERSITY TOWERS RESIDENCE HALL 721310 3579408 3579408 SPACE RENTALS AND BRAWLEY CLASSRO 531120 1610877 1610877 CONFERENCE SERVICES 531120 1239535 1225084 14451 ROAD SCHOLAR 611600 467801 467801 1255835 1118554 137281 15339159 22610 22610 463942 181221 282721 282721 282721 85040 -85040 -85040 -85040 44700985 20910453 23790532 22945887 844645 CUSTOMIZED PRODUCTION REVENUE 511130 213462 213462 213462 39950719 38261736 996377 305331 765000 765000 715919 608531 107388 12739171 8975531 3763640 1140724 688574 452150 873102 793207 79895 1141190 822827 318363 297856 297856 72217 20784 51433 162259 162259 1651470 1386882 264588 593387 439390 153997 2256209 2087936 168273 418128 23529 394599 830888 830888 7254608 6940367 314241 190076 131476 58600 35487 14319 21168 2780004 2777265 2739 3267068 3079404 187664 234238 200519 33719 CONTRIBUTION EXPENSE 445000 445000 MEMBERSHIP DUES 161955 152921 9034 EQUIPMENT, RENTAL, & MA 123241 121893 1348 TEMPORARY LABOR 82766 82766 0 63776 33380 30396 38295739 31720245 6575494 0 2931457 4777486 1056436 1404810 748690 998323 5513077 1292559 6196169 4539052 342653 504623 113014702 28624935 75001250 84389767 547000 248000 836125 1761191 93172857 99915811 4784361 3819735 981472 1056503 662164 565725 85584410 91688329 92012407 97130292 X 1160450 2785519 1160450 2785519 93172857 99915811 X 1654980 -29911 X 0 1 X 1 0 X X X X 0 0 0 SAN DIEGO STATE UNIVERSITY 330373293 115 1 1 1 710000 1 710000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24755124 24755124 63272486 12615272 50657214 8036668 5852476 2184192 14575092 8700689 5874403 2375332 1456498 918834 84389767 ACCRUED BENEFIT COSTS 14656408 INTEREST PAYABLE 753 DEFERRED RENT PAYABLE TO ASSOCIATED STUDENTS 243750 PAYABLE UNIVERSITY TOWERS LOAN 18023570 PAYABLE 55TH STREET APARTMENTS LOAN 23916059 NOTE PAYABLE TO SAN DIEGO STATE UNIV 94280 HARDY AVE APTS NOTE 6901990 PIEDRA DEL SOL APTS LOAN 5306372 UNIVERSITY TOWERS RENOVATION COMMERCIAL PAPER NOTES 10449000 COLLEGE WEST APARTMENTS COMMERCIAL PAPER NOTES 3574000 FRATERNITY ROW APTS LOAN 8028530 UNIVERSITY LOGO COMMISSIONS 493617 91688329 X 60987066 0 60987066 -21036347 -21036347 39950719 59332086 21036347 21036347 38295739 0 38295739 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO THE ORGANIZATION INCLUDE SUCH MATTERS AS THE TAX-EXEMPT STATUS OF EACH ENTITY AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50 PERCENT LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. UPON ADOPTION AND THROUGH JUNE 30, 2014, THE ORGANIZATION HAS ADDRESSED UNCERTAINTY IN ITS INCOME TAX POSITION, AND THERE ARE NO UNRECOGNIZED/DERECOGNIZED TAX BENEFITS REQUIRING AN ACCRUAL. FORMS 990 AND 990-T FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. MANAGEMENT BELIEVES FORMS 990 AND 990-T HAVE BEEN FILED APPROPRIATELY. FORMS 990 AND 990-T FILED BY THE ORGANIZATION ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30, 2009 AND PRIOR. PART XI, LINE 4B - OTHER ADJUSTMENTS: CUSTOMIZED PRODUCTION REVENUE 213,462. LOSS ON DISPOSITION OF ASSETS -84,440. COST OF GOODS SOLD -20,910,453. RENTAL EXPENSES -181,221. PROPERTY MANAGEMENT EXPENSES -73,695. INSURANCE REIMBURSEMENT AND OTHER PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 84,440. CUSTOMIZED PRODUCTION REVENUE -213,462. COST OF GOODS SOLD 20,910,453. PROPERTY MANAGEMENT EXPENSES 73,695. RENTAL EXPENSES 181,221. INSURANCE REIMBURSEMENT AND OTHER SCHEDULE D, PART VI, LINE 1E DETAIL: SOFTWARE 1,861,582 CONSTRUCTION IN PROGRESS 513,750 TOTAL 2,375,332 1 SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 330373293 115 710000 FAIR MARKET VALUE TO PROVIDE GENERAL SUPPORT FOR SAN DIEGO STATE UNIV. ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 956042622 501(C)(3) 55000 FAIR MARKET VALUE TO PROVIDE GENERAL SUPPORT FOR THE ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIV. 2 0 PART I, LINE 2: AT THE DISCRETION OF THE BOARD OF DIRECTORS, THE ORGANIZATION PROVIDES FOR ANNUAL ALLOCATIONS TO THE UNIVERSITY AND AFFILIATED ORGANIZATIONS. X X X 0 0 0 0 0 0 0 0 0 DR ANDREA ROLLINS UNIVERISTY BOARD MEMBER 0 126744 0 0 0 0 0 26694 0 9010 0 162448 0 0 TOM MCCARRON UNIVERSITY BOARD MEMBER 0 95036 0 0 0 54242 0 20320 0 7166 0 176764 0 0 ERIC RIVERA UNIVERSITY BOARD MEMBER 0 169658 0 0 0 0 0 35859 0 21341 0 226858 0 0 CARL WINSTON UNIVERSITY BOARD MEMBER 0 137500 0 0 0 0 0 29628 0 25114 0 192242 0 0 DONNA TUSACK CHIEF EXECUTIVE OFFICER 223088 0 0 0 0 0 42317 0 29938 0 295343 0 0 0 LISA ALBERS CONTROLLER 129056 0 0 0 0 0 29270 0 15901 0 174227 0 0 0 JAHAN JAMSHIDI DIRECTOR IT 165032 0 0 0 0 0 35722 0 24377 0 225131 0 0 0 TODD SUMMER DIRECTOR CAMPUS STORES 151593 0 0 0 0 0 30984 0 12492 0 195069 0 0 0 PAUL MELCHIOR DIRECTOR DINING SERVICES 129274 0 0 0 0 0 28601 0 23046 0 180921 0 0 0 MARTHA SPECK DIR MANAGEMENT SERVICES 120002 0 0 0 0 0 26224 0 10737 0 156963 0 0 0 ROBERT WILLIAMS DIR BUSINESS DEVELOPMENT 118424 0 0 0 0 0 25717 0 17129 0 161270 0 0 0 A TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY 946001347 13077CUP7 2010-04-06 160852254 REFUND 2000 BONDS 0 0 1 B SAME AS A ABOVE 13077CUP7 HOUSING ACQUISITION 0 0 1 C SAME AS A ABOVE 13077CUP7 REFUND 2010 BONDS 0 0 1 D TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY 912155587 13077CYL2 2012-08-22 436220000 REFUND 2012 BONDS 0 0 1 A 20572023 20422460 149563 1 0 1 1 B 7125857 111112 7014745 1 0 1 1 C 5185000 5142619 42381 1 0 1 1 D 7380000 7328941 51059 1 0 1 1 A 0 0 0 0 0 0 1 B 0 1 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 0 1 0 0 0 0 1 B 0 1 0 1 0 0 0 0 1 C 0 1 0 1 0 0 0 0 1 D 0 1 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K SUPPLENTAL INFORMATION THE TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM ISSUED CALIFORNIA STATE UNIVERSITY SYSTEMWIDE REVENUE BONDS SERIES 2010A FOR THE REFUNDING OF AZTEC SHOPS, LTD. AUXILIARY ORGANIZATION STUDENT HOUSING REVENUE BONDS SERIES 2000 ($20,572,023). PROCEEDS FROM THE REVENUE BONDS SERIES 2010A WERE ALSO USED FOR THE ACQUISITION OF 55TH STREET APARTMENTS FOR STUDENT HOUSING ($7,125,132). FORM 990, PART VI, SECTION A, LINE 7A APPOINTMENT, NOMINATION AND ELECTION PROCESS FOR BOARD MEMBERS: THE PRESIDENT OF SAN DIEGO STATE UNIVERSITY AND THE PRESIDENT OF ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY (OR THEIR DESIGNEES), AS WELL AS THE SDSU VICE PRESIDENT OF STUDENT AFFAIRS, AND THE SDSU VICE PRESIDENT OF BUSINESS AND FINANCIAL AFFAIRS AND CFO, ARE APPOINTED EX OFFICIO BY VIRTUE OF THEIR POSITIONS IN THE UNIVERSITY. ALL OTHER DIRECTORS ARE NOMINATED BY THE PRESIDENT AND ELECTED UPON A MAJORITY VOTE OF THE EXISTING BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B UNDER TITLE 5 CALIFORNIA CODE OF REGS. SECTION 42402, THE CAMPUS PRESIDENT IS REQUIRED TO ASSURE THAT AZTEC SHOPS OPERATES IN CONFORMITY WITH THE POLICIES OF THE CALIFORNIA STATE UNIVERSITY SYSTEM AND OF SAN DIEGO STATE UNIVERSITY. THE PRESIDENT MAY DISCONTINUE ANY PROGRAM OR EXPENDITURE THAT HE OR SHE DETERMINES IS INCONSISTENT WITH THESE POLICIES. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 WAS DELIVERED TO THE AUDIT COMMITTEE OF AZTEC SHOPS IN ACCORDANCE WITH ITS CHARTER. THE CONTROLLER OF AZTEC SHOPS EXPLAINED THE SIGNIFICANT CHANGES IN THE FORM AND SOLICITED QUESTIONS FROM THE COMMITTEE. THE FINAL FORM 990 WAS ALSO DELIVERED TO EACH MEMBER OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C AZTEC SHOPS REQUIRES EACH INTERESTED PARTY TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. AZTEC SHOPS ALSO MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH ITS PURCHASING AND OPERATING DEPARTMENTS. AZTEC SHOPS STAFF REVIEWS CONTRACTS AND REQUISITIONS FOR POTENTIAL CONFLICTS. THE BOARD OF DIRECTORS IS AUTHORIZED TO TAKE WHATEVER ACTION IS DEEMED NECESSARY TO RESOLVE POTENTIAL OR ACTUAL CONFLICTS, INCLUDING: PROHIBITING THE INTERESTED PARTY FROM DISCUSSIONS OR DECISIONS REGARDING THE CONFLICT OF INTEREST; MODIFYING OR REDEFINING THE DUTIES AND RESPONSIBILITIES OF THE INTERESTED PARTY; OR REQUIRING THE RESIGNATION OF THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15 PURSUANT TO TITLE 5, CALIFORNIA CODE OF REGS., SECTION 42405, AZTEC SHOPS MAINTAINS SALARY SCHEDULES COMPARABLE TO SAN DIEGO STATE UNIVERSITY (A CALIFORNIA PUBLIC INSTITUTION). THE SALARY OF THE CHIEF EXECUTIVE OFFICER IS ALSO SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS OF AZTEC SHOPS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF PROPERTY TO RELATED ORGANIZATION -29,911. SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 330373293 PUBLIC HIGHER EDUCATION CA 115 N/A 0 ASSOCIATED STUDENTS OF SAN DIEGO STATE UNIVERSITY 5500 CAMPANILE DRIVE SAN DIEGO CA 92182 956042622 ADMINISTER FUNDS IN SUPPORT OF STUDENT ACTIVITIES CA 501(C)(3) LINE 5 N/A 0 SAN DIEGO STATE UNIVERSITY FOUNDATION 5250 CAMPANILE DRIVE SAN DIEGO CA 92182 956042721 ADMINISTER FUNDS IN SUPPORT OF RESEARCH PROGRAMS AT SDSU CA 501(C)(3) LINE 5 N/A 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 0 1 1 1 1