2024-10-28T15:22:44-05:00 2024-06-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2023-07-01 840600653 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION COLO 9704912933 PO BOX 483 FORT COLLINS CO 80522 LYNN JOHNSON CHIEF FINANCIAL OFFICER 9704912933 2024-10-25 1 1 KYLE FRITCH CPA P01313374 9702238825 2024-10-24 2023 2024-10-15 13:58:12Z CSU STRATA LYNN JOHNSON PO BOX 483 FORT COLLINS CO 80522 17959878 0 X WWW.CSUSTRATA.ORG X 1941 CO AID & ASSIST UNIVERSITIES GOVERNED BY THE CSU SYSTEM IN THEIR RESEARCH & EDUCATIONAL EFFORTS. 6 6 66 7 402609 382725 5714083 5628378 92990 117684 946340 930111 10718348 11255839 17471761 17932012 0 0 0 0 5686373 5976117 0 0 0 10478366 10352116 16164739 16328233 1307022 1603779 69355514 70186159 50429691 49707237 18925823 20478922 X CSU STRATA WAS ORGANIZED IN 1941 TO AID THE UNIVERSITIES GOVERNED BY THE BOARD OF GOVERNORS OF THE COLORADO STATE UNIVERSITY SYSTEM (CSUS, INCLUDING COLORADO STATE UNIVERSITY, COLORADO STATE UNIVERSITY PUEBLO, AND CSU GLOBAL) IN THEIR RESEARCH AND EDUCATIONAL EFFORTS. CSU STRATA PROVIDES PROPERTY AND EQUIPMENT LEASING, PATENT AND LICENSING MANAGEMENT, DEBT FINANCING THROUGH MORTGAGE DEBT SERVICE, AND LAND ACQUISITION, DEVELOPMENT AND PROPERTY MANAGEMENT. 0 0 10250257 7367887 CSU STRATA PROVIDES MANAGEMENT OF VARIOUS COMMERCIAL AND RESIDENTIAL PROPERTIES HELD BY OR FOR THE BENEFIT OF COLORADO STATE UNIVERSITY. 2523980 3580682 TECHNOLOGY TRANSFER ASSISTS WITH PATENT AND LICENSING MANAGEMENT. 12774237 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 233 0 1 66 1 1 1 1 MX 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 1 1 CO X GREGG ULLMANN 9704924011 2537 RESEARCH BOULEVARD SUITE 200 FORT COLLINS CO 80526 DIANE EVANS CHAIRMAN (THRU 6/26/24) 1.00 X X 0 0 0 BOB HOTMAN- VICE CHAIRTHRU 624 CHAIRMAN(FROM 6/26/24) 1.00 X X 0 0 0 DAVID CONRAD- TRUSTEE THRU 424 VICE-CHAIR/ SECRETARY (FROM 4/22/24) 1.00 X X 0 0 0 DON MAROSTICA TRUSTEE 1.00 X 0 0 0 PAUL HUDNUT TRUSTEE 1.00 X 0 0 0 STEPHEN LAUGHLIN TRUSTEE (THRU 5/22/24) 1.00 X 0 0 0 JOHN IKARD TRUSTEE 1.00 X 0 0 0 AJAY MENON PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 X 423987 0 68521 NANCY HURT VP OF OPERATIONS/SECRETARY 40.00 X 201880 0 39731 RICHARD MAGID VP OF TECHNOLOGY TRANSFER 40.00 X 200818 0 27924 LYNN JOHNSON CFO & SECRETARY/TREASURER 40.00 X 196818 0 57099 JULIE H BIRDSALL SPECIAL ASSISTANT TO CEO/PRESIDENT 40.00 X 192898 0 46295 JAMES POSS DIRECTOR, VENTURES CREATION 40.00 X 169544 0 49017 TAMARA ALEXANDER DIRECTOR, REAL ESTATE (THRU 12/23) 40.00 X 153959 0 37032 STEVE FOSTER DIR. LICENSING & BUS. DEVELOPMENT 40.00 X 141139 0 36674 TOM JANKOWSKI DIRECTOR OF TECHNOLOGY 40.00 X 142066 0 19716 1823109 0 382009 18 0 1 0 HILLSIDE CONSTRUCTION 216 HEMLOCK ST STE B FORT COLLINS CO 80524 CONSTRUCTION CONTRACTOR 505884 NATIONAL PAVEMENT PARTNERS 4985 IRONTON ST DENVER CO 80239 CONSTRUCTION CONTRACTOR 267078 RIETH JONES ADVISORS 35 NORTH 4TH ST STE 350 COLUMBUS OH 43215 CONSULTING 248475 THOMAS HADLEY DBA PREVISE LLC 8111 ISALNDER COURT WINDSOR CO 80528 CONSULTING 222740 TETRAD REAL ESTATE LLC 10340 N 84TH ST OMAHA NE 68122 CONSTRUCTION CONTRACTOR 191581 12 X 5622644 5734 5628378 PROGRAM SERVICE REVENUE 531390 86017 86017 31667 31667 117684 803056 -22345 825401 3580682 3580682 7304260 0 7304260 7304260 6879306 424954 56240 75483 0 4668 56240 70815 127055 127055 394095 23198 370897 370897 17932012 10948569 402609 952456 1128125 171671 956454 3731196 3082157 649039 482216 373819 108397 322269 255420 66849 312311 214118 98193 594541 543747 50794 65459 65459 860541 860541 25032 25032 30203 30203 218827 218827 2523980 2523980 2263807 2263807 87287 87287 21850 21850 1254250 1254250 1580037 1523953 56084 397076 359033 38043 MAXWELL RANCH EXPENSES 80978 80978 DUES & LICENSES 70196 25853 44343 STAFF TRAINING 20777 20777 257275 76419 180856 16328233 12774237 3553996 0 2321539 481912 7884841 5104109 1493171 1772248 8234082 8161193 24050 25215 21751 30614 54453133 18052901 37038129 36400232 3994440 9585255 54 58 8343457 8625323 69355514 70186159 4897898 5565495 292294 322443 37716725 36032826 7522774 7786473 50429691 49707237 X 18729877 20282976 195946 195946 18925823 20478922 69355514 70186159 1603779 -50680 0 X 0 1 X 0 0 X 4389651 4476441 4387955 5714083 5628378 24596508 4389651 4476441 4387955 5714083 5628378 24596508 24596508 308282 237710 210595 267694 825401 1849682 287584 1868908 178556 308149 383725 3026922 29473112 50429637 0.83450 0.83310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 163114 163114 163114 163114 163114 163114 163114 163114 163114 163114 0.00000 1.00000 0.00000 0 0 11428910 11428910 36763747 15301210 21462537 3338973 1416594 1922379 1075412 797604 277808 1846091 537493 1308598 36400232 PROPERTY HELD FOR CSU 7299987 LONG-TERM RECEIVABLES LEASED EQUIPMENT 175414 DEPOSITS AND DEFERRED COSTS 34851 INVESTMENT IN CSURF AC 1115071 8625323 SECURITY DEPOSITS 486486 PROPERTY HELD FOR CSU 7299987 7786473 X PART V, LINE 4: THE ENDOWMENT FUND CONSISTS OF THE FOLLOWING: IN 1969, CSU STRATA RECEIVED A GIFT OF APPROXIMATELY 11,650 ACRES OF LAND, IMPROVEMENTS AND SOME OTHER ASSETS. THE PROPERTY IS SUBJECT TO THE CONDITION THAT THE REAL ESTATE WOULD NEVER BE SOLD OR DISPOSED OF AND WILL BE USED IN ORGANIZATION'S EXEMPT PURPOSES. PART X, LINE 2: CSU STRATA IS ORGANIZED AS A COLORADO NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), WHICH QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION, AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION. WE ARE ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, WE ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. WE HAVE DETERMINED THAT CERTAIN OPERATIONS OF CSU STRATA ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS FOR BOTH YEARS ENDED JUNE 30, 2024 AND 2023. OUR FORMS 990T ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS PRIOR TO 2021. NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES OPERATIONAL SUPPORT FOR PROGRAM EXPENSES 728995 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 INVESTMENT IN FOREIGN SUBSIDIARY 1115071 0 0 0 0 0 0 1844066 0 1844066 0 0 0 0 0 0 SCHEDULE F, PART I, LINE 3: THE COLORADO STATE UNIVERSITY TODOS SANTOS CENTER (THE CENTER) PROVIDES THE OPPORTUNITY FOR COLORADO STATE UNIVERSITY (CSU) STUDENTS TO GROW AS GLOBAL CITIZENS IN THEIR UNDERSTANDING OF AND APPRECIATION FOR OTHER CULTURES; THE CENTER PROVIDES A VARIETY OF RESEARCH AND EDUCATIONAL OPPORTUNITIES THAT CSU STUDENTS WOULD NOT OTHERWISE BE ABLE TO BE A PART OF. THE CENTER ALSO CREATES A COMMUNITY HUB FOR EDUCATIONAL SESSIONS AND INFORMATION SHARING. CSU'S LEADING EDUCATIONAL RESOURCES AND EXPERTISE COMBINED WITH NATURAL, CULTURAL AND HISTORICAL ASPECTS OFFERED BY THE COMMUNITY CREATES EXPANSIVE POSSIBILITIES FOR RESEARCH, LEARNING AND EXPERIENCES FOR BAJA CALIFORNIA SUR RESIDENTS, THE CSU COMMUNITY, AND BEYOND. IN FULFILLMENT OF CSU STRATA'S MISSION TO AID AND ASSIST CSU IN THEIR RESEARCH AND EDUCATIONAL EFFORTS, CSU STRATA TRANSFERS PROGRAM REVENUES AND OPERATIONAL FUNDS FROM THE U.S. TO THE CSURF AC AND CSURF TS IN MEXICO TO SUPPORT THE ACTIVITIES HELD AT THE TODOS SANTOS CENTER. PROGRAM SERVICE AMOUNTS REPORTED ON SCHEDULE F, PART I, LINE 3 REPRESENT THE FUNDS TRANSFERRED DURING FISCAL YEAR ENDED JUNE 30, 2024. X 0 0 0 0 0 0 0 1 0 AJAY MENON PRESIDENT/CHIEF EXECUTIVE OFFICER 422403 0 1584 0 0 0 41363 0 28968 0 494318 0 0 0 LYNN JOHNSON CFO & SECRETARY/TREASURER 195574 0 1244 0 0 0 28530 0 30227 0 255575 0 0 0 NANCY HURT VP OF OPERATIONS/SECRETARY 200653 0 1227 0 0 0 28236 0 13143 0 243259 0 0 0 JULIE H BIRDSALL SPECIAL ASSISTANT TO CEO/PRESIDENT 191723 0 1175 0 0 0 27400 0 20491 0 240789 0 0 0 RICHARD MAGID VP OF TECHNOLOGY TRANSFER 200541 0 277 0 0 0 17429 0 12137 0 230384 0 0 0 JAMES POSS DIRECTOR, VENTURES CREATION 169192 0 352 0 0 0 24397 0 25930 0 219871 0 0 0 TAMARA ALEXANDER DIRECTOR, REAL ESTATE (THRU 12/23) 153189 0 770 0 0 0 21561 0 16695 0 192215 0 0 0 STEVE FOSTER DIR. LICENSING & BUS. DEVELOPMENT 140871 0 268 0 0 0 20043 0 17819 0 179001 0 0 0 TOM JANKOWSKI DIRECTOR OF TECHNOLOGY 141599 0 467 0 0 0 19086 0 1767 0 162919 0 0 0 PART I, LINE 7 CSU STRATA ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2023, BONUSES WERE AWARDED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO CSU STRATA'S BOARD OF TRUSTEES BY THE AUDIT FIRM DURING THE ANNUAL BOARD MEETING FOR DISCUSSION AND APPROVAL BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS/TRUSTEES AND KEY EMPLOYEES ARE COVERED BY THE POLICY AND ARE REQUIRED TO COMPLETE AND SUBMIT A CONFLICT OF INTEREST FORM ANNUALLY DISCLOSING ANY/ALL POTENTIAL CONFLICTS. IN ADDITION, ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT TO THE CORPORATION. IF CONFLICTS ARE DISCLOSED, THE BOARD AND SENIOR MANAGEMENT REVIEWS AND RESPONDS ACCORDINGLY AND IF DISCLOSED BY A VOTING MEMBER, THE MEMBER ABSTAINS FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES IS BASED ON VARIOUS FACTORS, INCLUDING BUT NOT LIMITED TO, THE RESPONSIBILITIES ASSOCIATED WITH THE POSITION, RELEVANT EXPERIENCE AND EDUCATION OF THE EMPLOYEE, AND COMPARABLE POSITIONS WITHIN THE NONPROFIT SECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 6A: THE PRIMARY PURPOSE OF CSU STRATA IS TO AID AND ASSIST COLORADO STATE UNIVERSITY AND OTHER UNIVERSITIES GOVERNED BY THE BOARD OF GOVERNORS OF COLORADO STATE UNIVERSITY SYSTEM IN THEIR RESEARCH AND EDUCATIONAL EFFORTS. IN FULFILLING THE ORGANIZATION'S EXEMPT PURPOSE, PART OF CSU STRATA'S FUNCTION IS TO ASSIST COLORADO STATE UNIVERSITY IN ACQUIRING REAL ESTATE AND LAND FOR OPERATIONS AS WELL AS FOR FUTURE EXPANSION OF THE UNIVERSITY. COLORADO STATE UNIVERSITY RESEARCH FOUNDATION DE MEXICO AC IGNACIO L VALLARTA 811 SUR COLONI MONTERREY NUEVO LEON MX CP 64070 OPERATE TODOS SANTOS CAMPUS MX CSU STRATA 1 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION TODOS SANTOS AC IGNACIO L VALLARTA 904 COL MIRADO MONTERREY NUEVO LEON MX CP 64070 PROVIDE COURSES & WORKSHOPS MX CSU STRATA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 COLORADO STATE UNIVERSITY RESEARCH FOUNDATION DE MEXICO AC R 228832 COST COLORADO STATE UNIVERSITY RESEARCH FOUNDATION TODOS SANTOS AC R 376600 COST