2024-03-08T20:11:34-06:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2022-07-01 941347023 ASSOCIATED STUDENTS OF CALIFORNIA STATE UNIVERSITY SACRAMENTO ASSO 9162787917 6000 J STREET SACRAMENTO CA 95819 HOAN NGUYEN DIRECTOR OF FINANCE 9162787917 2024-03-07 1 HOAN NGUYEN XXX-XX-XXXX 1 SARAH HINTZ P00492291 3037795710 2024-03-06 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z HOAN NGUYEN 6000 J STREET SACRAMENTO CA 95819 11827708 0 X WWW.ASI.CSUS.EDU X 1956 CA PROVIDE EXPERIENTIAL EDUCATION, LEADERSHIP DEVELOPMENT AND CAMPUS LIFE PROGRAMS. 15 13 425 477 822213 0 1588952 2297154 7911850 8646706 38434 229911 676501 364471 10215737 11538242 640111 751954 0 0 5972012 6970124 0 0 0 2593272 2892094 9205395 10614172 1010342 924070 15177049 17101858 3100300 4101039 12076749 13000819 PROVIDE EXPERIENTIAL EDUCATION, LEADERSHIP DEVELOPMENT OPPORTUNITIES, STUDENT REPRESENTATION, VARIOUS BUSINESS AND RECREATIONAL SERVICES, AND CAMPUS LIFE PROGRAMS TO SACRAMENTO STATE AND COMMUNITY. 0 0 8664284 751954 7835832 ASSOCIATED STUDENTS OF CALIFORNIA STATE UNIVERSITY (ASI) PROVIDES CHILD CARE, RECREATION AND CAMPUS LIFE PROGRAMS BENEFITTING APPROXIMATELY 30,897 STUDENTS. ASI ALSO SUPPORTS CAMPUS FINE ARTS, CULTURAL EVENTS, AND EDUCATIONAL PROGRAMS WHICH BENEFIT THE CAMPUS COMMUNITY. 8664284 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 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 1 108 0 1 425 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 13 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X X HOAN NGUYEN DIRECTOR OF FINANCE 9162787917 6000 J STREET SACRAMENTO CA 95819 THOMAS CARROLL AVP STUDENT ENGMNT (AS OF 1/23) 12.00 28.00 X 0 111918 64056 BILLY HERBERT AVP STUDENT ENGMNT (AS OF 6/22) 12.00 28.00 X 0 61177 37998 SALMA PACHECO PRESIDENT 25.00 0.00 X X 0 0 0 LAURA DE LA GARZA GARCIA EXECUTIVE VICE PRESIDENT 40.00 0.00 X X 0 0 0 DHRUVISHA BUDHANI VP OF FINANCE 20.00 0.00 X X 0 0 0 NATALY ANDRADE-DOMINGUEZ VP OF ACADEMIC AFFAIRS 20.00 0.00 X X 0 0 0 SHACHEE R BARAIYA DIRECTOR OF UNDECLARED 12.00 0.00 X 0 0 0 ALEXANDRA ESTRELLA VP OF UNIVERSITY AFFAIRS 20.00 0.00 X X 0 0 0 ADOREIL AYOUBGOULAN DIRECTOR OF ARTS AND LETTERS 12.00 0.00 X 0 0 0 URVASHI BABBAR DIRECTOR GRAD STUDIES (AS OF 6/22) 12.00 0.00 X 0 0 0 JADIE BELTRAN DIRECTOR OF NATURAL SCIENCES/MATH 12.00 0.00 X 0 0 0 VERONICA BOULOS DIRECTOR OF SOCIAL SCI & INTERDISCS 12.00 0.00 X 0 0 0 CHRIS CAMPBELL DIRECTOR OF HEALTH/HUMAN SERVICES 12.00 0.00 X 0 0 0 JUSTIN HURST DIRECTOR GRAD STUDIES (AS OF 1/23) 12.00 0.00 X 0 0 0 ZABDIEL MEJIA DIAZ DIRECTOR OF EDUCATION 12.00 0.00 X 0 0 0 AZRIEL NICDAO DIRECTOR OF BUSINESS ADMINISTRATION 12.00 0.00 X 0 0 0 TEJ PANCHAL DIRECTOR OF ENG./COMP. SCIENCE 12.00 0.00 X 0 0 0 REGINA CURRY VP OF FINANCIAL SERVICES 12.00 28.00 X 0 168657 74355 MARK MONTALVO ASI DIRECTOR OF FINANCE & ADMIN 40.00 0.00 X 0 124200 67821 SANDRA GALLARDO ASI EXECUTIVE DIRECTOR 40.00 0.00 X 133059 0 39982 MYRA MAKELIM HUMAN RESOURCES DIRECTOR 40.00 0.00 X 108667 0 37042 241726 465952 321254 2 0 1 0 0 340000 1732984 224170 2297154 STUDENT ACTIVITY FEES 611710 4785009 4785009 PROGRAM SERVICE FEES 713990 3683062 2860849 822213 FINANCIAL SERVICE FEES 611710 178635 178635 8646706 229911 229911 810 0 810 810 641788 289466 352322 352322 INSURANCE PAYMENT 900099 11339 11339 11339 11538242 7835832 822213 583043 478580 478580 273374 273374 406872 406872 5392610 4591715 800895 250599 192390 58209 550997 414227 136770 369046 306921 62125 6000 6000 54995 54995 337960 239310 98650 43333 25338 17995 181882 163471 18411 151122 120865 30257 366698 277386 89312 155896 149227 6669 20216 14018 6198 7321 7110 211 226488 120490 105998 179414 177095 2319 UBIT REFUND -7000 -7000 PROGRAM SUPPLIES 789264 783117 6147 VEHICLE & EQUIP COSTS 227045 202411 24634 OTHER 116672 102483 14189 34788 25756 9032 10614172 8664284 1949888 0 2431423 398792 9710762 13034911 810233 718782 91453 254009 106078 72255 5207459 3813293 1397832 1394166 31542 629268 1197401 15177049 17101858 754690 1292021 962697 1326861 1136816 1189319 148023 113712 98074 179126 3100300 4101039 X 12076749 13000819 12076749 13000819 15177049 17101858 924070 0 X X 0 1 X 1 0 X 1214019 1479393 1458551 1588952 2297154 8038069 8924348 7342850 6351394 7911850 8646706 39177148 532717 319990 378137 608042 641788 2480674 10671084 9142233 8188082 10108844 11585648 49695891 169922 164579 104279 409469 745458 1593707 0 169922 164579 104279 409469 745458 1593707 48102184 236366 216186 60126 38434 229911 781023 236366 216186 60126 38434 229911 781023 377830 11339 389169 10907450 9358419 8248208 10525108 11826898 50866083 0.94570 0.97650 0.01540 0.01510 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CHILD CARE BASIC NEEDS FUNDING - 2021 AMOUNT: $ 377,830. INSURANCE PAYMENT - 2022 AMOUNT: $ 11,339. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2647006 2049187 597819 2502515 1758015 744500 57938 6091 51847 1394166 DUE FROM RELATED PARTIES 1176804 ROU ASSETS 20597 1197401 DUE TO CSUS 140596 DUE TO UNIVERSITY UNION 24023 LEASE LIABILITY 14507 179126 X 11538242 0 11538242 0 11538242 10614172 0 10614172 0 10614172 PART IV, LINE 2B: ASI ACTS AS A COLLECTING AND DISBURSING AGENCY FOR SEVERAL SACRAMENTO STATE ORGANIZATIONS AND DEPARTMENTS. FUNDS HELD FOR CAMPUS ORGANIZATIONS ARE RELATED TO DEPOSITS RECEIVED FROM THESE ORGANIZATIONS AND DEPARTMENTS. AS A SERVICE TO SACRAMENTO STATE AFFILIATED STUDENT ORGANIZATIONS AND PROGRAMS, ASI ALSO ACTS AS A COLLECTING AND DISBURSING AGENCY FOR OVER 300 STUDENT ORGANIZATIONS. PART X, LINE 2: ASI ANALYZES WHETHER THERE IS UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE-LIKELY-THAN-NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. ASI'S PRACTICE IS TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS IN TAX EXPENSE. ASI FILES EXEMPT ORGANIZATION RETURNS IN THE U.S. FEDERAL AND CALIFORNIA JURISDICTIONS. THE FEDERAL AND STATE TAX RETURNS REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES FOR THREE YEARS AND FOUR YEARS, RESPECTIVELY. ASI HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS (ITS GROUP EXEMPTION) TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. ASI HAS DETERMINED THAT THERE IS NO IMPACT ON THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO THIS STANDARD. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED OR RELATED INTEREST AND PENALTIES RECORDED AS OF JUNE 30, 2023 AND 2022, AND ASI DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. 1 CALIFORNIA STATE UNIVERSITY SACRAMENTO 680365325 STATE OF CALIFORNIA 478580 0 N/A N/A PROVIDED SUPPORT TO VARIOUS STUDENT PROGRAMS AND ACTIVITIES ON CAMPUS 1 0 AWARDS/SCHOLARSHIPS 138 273374 0 N/A N/A PART I, LINE 2: ASI CREATES THE FUNDING GUIDELINES AND THE SELECTION CRITERIA WHICH INCLUDES ELIGIBILITY CRITERIA. ASI MONITORS BUDGET TO ACTUAL ACTIVITY FOR EACH GRANT RECIPIENT. 0 0 0 0 0 0 0 0 0 REGINA CURRY VP OF FINANCIAL SERVICES 0 168657 0 0 0 0 0 51731 0 22624 0 243012 0 0 MARK MONTALVO ASI DIRECTOR OF FINANCE & ADMIN 0 124200 0 0 0 0 0 38076 0 29745 0 192021 0 0 THOMAS CARROLL AVP STUDENT ENGMNT (AS OF 1/23) 0 111918 0 0 0 0 0 34311 0 29745 0 175974 0 0 SANDRA GALLARDO ASI EXECUTIVE DIRECTOR 133059 0 0 0 0 0 15555 0 24427 0 173041 0 0 0 FORM 990, PART VII, SECTION A, LINE 4 ASI'S EXECUTIVE DIRECTOR IS AN AT-WILL EMPLOYEE AND REPORTS TO THE ASSOCIATED STUDENTS BOARD OF DIRECTORS. THE LEVEL OF COMPENSATION IS BASED ON COMPARABLE POSITIONS IN LIKE AUXILIARIES IN THE CSU SYSTEM. ANY INCREASES IN COMPENSATION ARE BASED UPON ANNUAL PERFORMANCE REVIEW AND MUST BE APPROVED BY ASI BOARD OF DIRECTORS AFTER CONSULTATION WITH UNIVERSITY PRESIDENT. THE REVIEW PROCESS WAS LAST UNDERTAKEN JUNE 13, 2023. FORM 990, PART VI, SECTION A, LINE 6 ALL REGULARLY ENROLLED STUDENTS OF SACRAMENTO STATE ARE MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE STUDENT BODY ARE ENTITLED TO VOTE AT THE ELECTION OF BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE STUDENT BODY MAY REMOVE A DIRECTOR IF A PETITION IS SUBMITTED BEARING THE SIGNATURES OF AT LEAST FIVE (5) PERCENT OF THE MEMBERSHIP UNIT WHICH ELECTED A DIRECTOR, CALLING FOR THE REMOVAL OF SAID DIRECTOR. THE OFFICE OF SAID DIRECTOR SHALL BE VACATED IF A MAJORITY OF THOSE VOTING FAVOR REMOVAL, AND IF THE TOTAL NUMBER OF VOTES CAST IN FAVOR OF REMOVAL IS EQUAL TO OR GREATER THAN THE NUMBER BY WHICH THE DIRECTOR WAS ELECTED. UPON DISSOLUTION OF THE CORPORATION, THE PRESIDENT AND CHANCELLOR OF SACRAMENTO STATE MUST APPROVE THE DISTRIBUTION OF ASSETS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE DIRECTOR OF FINANCE BEFORE PRESENTING THE FINAL FORM 990 TO THE BOARD. A COPY OF THE FINAL VERSION OF THE FORM IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ASI BOARD MEMBERS AND MANAGERS. EACH COVERED PERSON IS REQUIRED TO ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THE POLICY. EACH COVERED PERSON ANNUALLY WILL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE PROVIDED BY ASI, AND UPDATE THE QUESTIONNAIRE AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. COMPLETED QUESTIONNAIRES ARE AVAILABLE FOR INSPECTION BY ANY BOARD MEMBER, THE ASI EXECUTIVE DIRECTOR AND MAY BE REVIEWED BY ASI LEGAL COUNSEL. ON THE STAFF LEVEL, THE FINANCE DIRECTOR REVIEWS ANY DISCLOSED CONFLICTS AND THEN MEETS WITH THE EXECUTIVE DIRECTOR FOR FINAL CONCLUSIONS. FOR MEMBERS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEES IS RESPONSIBLE FOR DETERMINING IF A CONFLICT HAS ARISEN. ASI HAS NOT HAD ANY CONFLICT OF INTEREST OCCURRENCES IN THE PAST, BUT IF THERE WERE, DELIBERATION AND THE DECISION WILL BE DOCUMENTED IN MEETING MINUTES AND THE INTERSTE PARTIES WOULD NOT BE ALLOWED TO PARTICIPATE IN DISCUSSION OR VOTES REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A ASI'S EXECUTIVE DIRECTOR IS AN AT-WILL EMPLOYEE AND REPORTS TO THE ASSOCIATED STUDENTS BOARD OF DIRECTORS. THE LEVEL OF COMPENSATION IS BASED ON COMPARABLE POSITIONS IN LIKE AUXILIARIES IN THE CSU SYSTEM. ANY INCREASES IN COMPENSATION ARE BASED UPON ANNUAL PERFORMANCE REVIEW AND MUST BE APPROVED BY ASI BOARD OF DIRECTORS AFTER CONSULTATION WITH UNIVERSITY PRESIDENT. THE REVIEW PROCESS WAS LAST UNDERTAKEN JUNE 13, 2023. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTATION, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE 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. CALIFORNIA STATE UNIVERSITY SACRAMENTO 6000 J STREET SACRAMENTO CA 95819 680365325 POST-SECONDARY EDUCATION CA N/A 0 UNIVERSITY UNION OPERATION OF CSU SACRAMENTO 6000 J STREET SACRAMENTO CA 95819 510140156 AUXILIARY ORGANIZATION CA 501(C)(3) LINE 10 CSU SACRAMENTO 0 THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE 6000 J STREET SACRAMENTO CA 95819 943001359 AUXILIARY ORGANIZATION CA 501(C)(3) LINE 7 CSU SACRAMENTO 0 UNIVERSITY ENTERPRISES INC 6000 J STREET SACRAMENTO CA 95819 941337638 AUXILIARY ORGANIZATION CA 501(C)(3) LINE 12C, III-F CSU SACRAMENTO 0 0 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 CALIFORNIA STATE UNIVERSITY SACRAMENTO D 140596 EOY ACCOUNTS PAYABLE TO CSUS CALIFORNIA STATE UNIVERSITY SACRAMENTO E 1148145 EOY ACCOUNTS RECIEVABLE FROM CSUS