2014-04-11T13:01:03-05:00 2013-05-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 90 NEW MONTGOMERY STREET 11TH FLOOR SAN FRANCISCO CA 94105 990 2012-06-01 940948140 BERKELEY STUDENT COOPERATIVE (FKA UNIV STUDENTS COOPERATIVE ASSN) BERK 5105495959 2424 RIDGE ROAD BERKELEY CA 947091296 JIM GRAY 5105495959 2014-04-10 1 ALEXIS H WONG P00604756 4159579999 2012 2015-11-30 17:44:51Z JIM GRAY 2424 RIDGE ROAD BERKELEY CA 947091296 10989823 0 X WWW.BSC.COOP X 1934 CA PROVIDE A QUALITY, LOW COST, COOPERATIVE HOUSING COMMUNITY TO UNIVERSITY STUDENTS. 29 28 65 1300 0 0 353264 205010 9808280 10038258 281972 174124 221794 221794 10665310 10639186 64982 41385 0 0 1844478 2220772 0 0 103343 6824964 6844373 8734424 9106530 1930886 1532656 44506408 45802952 23015669 22714974 21490739 23087978 THE MISSION OF THE BERKELEY STUDENT COOPERATIVE 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. 0 0 7298033 41385 10260052 PROVIDE A QUALITY, LOW COST, COOPERATIVE HOUSING COMMUNITY TO UNIVERSITY STUDENTS. 7298033 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 65 1 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X BERKELEY STUDENT COOPERATIVE 5105495959 2424 RIDGE ROAD BERKELEY CA 947091296 BENJAMIN PEREZ 20.00 0.00 X X 3192 0 0 AINSLEE FESSENDEN 5.00 0.00 X 0 0 0 ALLIE WALLACE 5.00 0.00 X 0 0 0 AMABELLE OCAMPO 5.00 0.00 X 0 0 0 ARACELI BELTRAN 5.00 0.00 X 0 0 0 ARIEL COOPER 5.00 0.00 X 0 0 0 BETH SOROKO 5.00 0.00 X 0 0 0 CHENTAL QUEZADA 5.00 0.00 X 0 0 0 CHRISTOPHER BARRIOS 5.00 0.00 X 0 0 0 DAVID TORRES 5.00 0.00 X 0 0 0 DESTINY IWUOMA 5.00 0.00 X 0 0 0 DESTINY PRESTON 5.00 0.00 X 0 0 0 DEVLIN MALLORY 5.00 0.00 X 0 0 0 DIEGO MORALES 5.00 0.00 X 0 0 0 ELAINA MARSHALEK 5.00 0.00 X 0 0 0 ERICK TORRES 5.00 0.00 X 0 0 0 FRITZI LOPEZ 5.00 0.00 X 0 0 0 HELEN LOPEZ 5.00 0.00 X 0 0 0 IAN DAVIS 5.00 0.00 X 0 0 0 ISAIAH KIRSHNER-BREEN 5.00 0.00 X 0 0 0 IWAN SMITH 5.00 0.00 X 0 0 0 JAMES CHANG 5.00 0.00 X 0 0 0 JENNA FINKLE 5.00 0.00 X 0 0 0 JOSE ALVARO 5.00 0.00 X 0 0 0 JUSTIN TOMBOLESI 5.00 0.00 X 0 0 0 KATHRYN MULLAN 5.00 0.00 X 0 0 0 KATRINA DEVANEY 5.00 0.00 X 0 0 0 KATRINA MCLAUGHLIN 5.00 0.00 X 0 0 0 KIARA GONZALEZ 5.00 0.00 X 0 0 0 LAURA FRYER 5.00 0.00 X 0 0 0 MARGARET JACOBS 5.00 0.00 X 0 0 0 MADISON MARGOLIN 5.00 0.00 X 0 0 0 NORMAN CAHN 5.00 0.00 X 0 0 0 PERLA FLORES 5.00 0.00 X 0 0 0 PERLA ORTIZ 5.00 0.00 X 0 0 0 PHILIP CHAN 5.00 0.00 X 0 0 0 PHILIPE MERCHAND 5.00 0.00 X 0 0 0 RYAN ESFAHANI 5.00 0.00 X 0 0 0 SAM ROUNDS 5.00 0.00 X 0 0 0 SEAN HONEA 5.00 0.00 X 0 0 0 SOL HOUSER 5.00 0.00 X 0 0 0 THEO SLOMOFF 5.00 0.00 X 0 0 0 THOA HOANG 5.00 0.00 X 0 0 0 TOM SUTAK 5.00 0.00 X 0 0 0 TOMAS WHITEANTELOPE 5.00 0.00 X 0 0 0 WHITNEY FLORIAN 5.00 0.00 X 0 0 0 JIM GRAY 40.00 0.00 X 0 0 0 KIM BENSON 40.00 0.00 X 93395 0 15445 ABBEY SIMONS 14.00 0.00 X 5032 0 0 ALEC STRACHAN 14.00 0.00 X 5107 0 0 BRENNA FALLON 20.00 0.00 X 7394 0 0 JOE HOMER 14.00 0.00 X 7143 0 0 LIZ BAROI 14.00 0.00 X 5232 0 0 MAX BAROI 14.00 0.00 X 1140 0 0 PHOEBE SCHMIDT 14.00 0.00 X 5032 0 0 WILL KRANTZ 14.00 0.00 X 5966 0 0 138633 0 15445 0 0 0 0 KAUFMAN CONSTRUCTION INC 607 HEARST AVENUE BERKELEY CA 94710 CONTRACTOR 322939 ARGUETA CONSTRUCTION 1240 JACK LONDON DRIVE VALLEJO CA 94589 CONTRACTOR 100155 2 205010 205010 ROOM AND BOARD FEES 721310 7616991 7616991 APARTMENTS 721310 2245841 2245841 PARKING 721310 92134 92134 OTHER FEES 721310 83292 83292 10038258 179217 179217 294593 72799 221794 221794 221794 272745 277838 -5093 -5093 -5093 10639186 10260052 0 174124 41385 41385 183950 147252 34601 2097 2036822 1630476 383126 23220 19447 15567 3658 222 70000 56035 13167 798 94577 75709 17790 1078 955706 765043 179768 10895 1523025 1219182 286481 17362 335018 268182 63017 3819 FOOD 1340148 1072788 252082 15278 UTILITIES 731732 585751 137639 8342 PAYROLL TAXES AND BENEF 568909 455411 107012 6486 REPAIRS AND MAINTENANCE 495450 396608 93194 5648 710361 568644 133619 8098 9106530 7298033 1705154 103343 2485283 3473595 1981027 2860468 106390 73542 65107 90911 299442 322636 58305490 26627561 31732323 31677929 4678148 4409511 3158688 2894360 44506408 45802952 75472 71065 28750 13750 19585000 19155000 275887 303697 655000 570000 2395560 2601462 23015669 22714974 X 20432110 21862926 453824 620247 604805 604805 21490739 23087978 44506408 45802952 1532656 64583 0 X X 0 1 X 1 0 X 157342 190799 183449 353264 205010 1089864 7883851 8678971 9591132 9808280 10260052 46222286 8041193 8869770 9774581 10161544 10465062 47312150 0 0 0 47312150 393701 123522 162405 187335 179217 1046180 393701 123522 162405 187335 179217 1046180 255857 447592 83127 786576 8690751 9440884 10020113 10348879 10644279 49144906 0.96270 0.94300 0.02130 0.03610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 714768 23577 -13563 724782 713349 76445 -40277 -34749 714768 686453 22204 27520 -22828 713349 617444 19587 78140 -28988 686453 561855 14202 -27592 548465 0.16550 0.83450 0 0 1445551 1445551 53815163 23874029 29941134 3044776 2753532 291244 31677929 LOAN AND LEASING FEES 605436 CASH HELD FOR OTHERS 264796 INVESTMENT IN NATIONAL COOPERATIVE BANK 31077 BOND SINKING FUND 1022272 RESERVE FOR REPLACEMENT 225190 BOND FUNDS 706688 INVESTMENT HELD FOR OTHERS 38901 2894360 ACCRUED EXPENSES 185007 REFUNDABLE DEPOSITS 814089 REVENUE RECEIVED IN ADVANCE 1238158 PREMIUM ON BOND INTEREST 206108 ACCRUED INTEREST PAYABLE 158100 2601462 X 10776568 64583 72799 137382 10639186 0 10639186 9179329 72799 72799 9106530 0 9106530 PART IV, LINE 2B: FOR THE BSC ALUMNI ASSOCIATION (BSCAA), BERKELEY STUDENT COOPERATIVE (BSC) HOLDS BSCAA MEMBERSHIP DUES IN A SEPARATE SCHWAB ACCOUNT. THE BSCAA EXISTS TO GENERATE A MEMBERSHIP BASE OF BSC ALUMNI IN ORDER TO PROCURE DONATIONS FOR BSC. THE LARGER THE MEMBERSHIP BASE, HOPEFULLY THE MORE DONATIONS BSC RECEIVES. BECAUSE ALUMNI SEND MEMBERSHIP RENEW MONEY WITH DONATIONS, IT WAS DEEMED EASIER TO HOLD THE FUNDS AT BSC AND HAVE BSC REPORT AN ASSET AND CORRESPONDING LIABILITY ON ITS BOOKS. BERKELEY STUDENT COOPERATIVE (BSC) COMPRISED OF OVER 1,250 STUDENT MEMBERS LIVING IN OVER TWENTY STUDENT HOUSING AROUND UC BERKELEY CAMPUS. THE HOUSES USE BSC'S FEDERAL TAX ID TO SET UP AND MAINTAIN THEIR CHECKING ACCOUNTS. THERE ARE OVER 20 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: BSC BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITITONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. BSC'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2009 THROUGH 2012 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL DEPRECIATION EXP PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL DEPRECIATION EXP 1 STUDENT GRANTS TO MEMBERS OF CO-OP 34 41385 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BSC OFFERS A COOP DEVELOPMENT GRANT ONCE PER YEAR TO LOCAL COOPERATIVES/NON-PROFITS. INTERESTED ORGANIZATIONS MUST APPLY FOR THE GRANT (STATING A SPECIFIC USE FOR THE FUNDS). APPLICANTS ARE VETTED BY THE EXTERNAL AFFAIRS COMMITTEE AND THE GRANT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. ORGANIZATIONS RECEIVING THE GRANTS ARE EXPECTED TO REPORT BACK TO THE BOARD OF DIRECTORS ON HOW THE FUNDS ARE USED AND TO PROVIDE AN UPDATE ON THE STATUS OF THE PROJECT/NEW COOPERATIVE. NO COOP DEVELOPMENT GRANT WAS AWARDED IN THE TAX YEAR. A 20000000 CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TBP7 2007-10-01 20000000 SESISMIC & DISABLED ACCESS PROJECTS, REFINANCING DEBT 0 0 0 A 20000000 1380510 600000 900000 17119525 2010 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 THOMAS WHITEANTELOPE BOARD REP 1000 SCHOLARSHIP SEAN HONEA BOARD REP 50 SCHOLARSHIP KIARA GONZALEZ BOARD REP 50 SCHOLARSHIP LIZ BAROI VP HR COM 50 SCHOLARSHIP FORM 990, PART VI, SECTION A, LINE 6 MEMEBERSHIP IS OPEN TO STUDENTS AND UNIVERSITY STAFF REGARDLESS OF RACE, RELIGION OR POLITICAL AFFILIATION, UPON PAYMENT OF A LIFE MEMBERSHIP FEE. THERE IS ONLY ONE CLASS OF MEMBERSHIP. ALL MEMBERS ENJOYS THE SAME RIGHTS AND PRIVILEGES. FORM 990, PART VI, SECTION A, LINE 7A BERKELEY STUDENT COOPERATIVE (BSC) IS COMPRISED OF OVER 1,250 STUDENT MEMBERS LIVING IN TWENTY STUDENT HOUSING PROPERTIES AROUND THE UC BERKELEY CAMPUS. FOR EVERY 70 MEMBERS (OR FRACTION THEREOF) LIVING AT EACH STUDENT HOUSING PROPERTY, ONE PERSON IS ELECTED TO SERVE ON THE BOARD OF DIRECTORS. IN ADDITION TO THE 27 DIRECTORS ELECTED TO THE BOARD BY THE MEMBERS LIVING IN THE 20 STUDENT HOUSING PROPERTIES, THE BOARD OF DIRECTORS INCLUDES A REPRESENTATIVE ELECTED BY THE EMPLOYEE ASSOCIATION AND A REPRESENTATIVE ELECTED BY THE ALUMNI ASSOCIATION. IN ADDITION, THE PRESIDENT MAY INVITE A MEMBER OF THE UNIVERSITY FACULTY TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE DIRECTOR, ACCOUNTANT AND VICE PRESIDENT OF FINANCIAL AFFAIRS/TREASURER REVIEW THE FORM 990. THE FORM 990 THEN GOES TO FINANCE COMMITTEE FOR FURTHER REVIEW THEN ON TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C 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 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, 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, SECTION B, LINE 15 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. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL ARE AVAILABLE UPON REQUEST. MANY OF THE DOCUMENTS ARE AVAILABLE ONLINE AT HTTP:/BERKELEYSTUDENTCOOPERATIVE.ORG FORM 990, PART XII, LINE 2C, THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.