2025-11-05T10:56:04-06:00 2025-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2024-07-01 951782943 FORTY-NINER SHOPS INC FORT 5629855093 6049 EAST SEVENTH STREET LONG BEACH CA 90840 ANDREW KERR CHIEF FINANCIAL OFFICER 5629855093 2025-11-05 1 1 DEBRA D SMITH CPA P00646873 7604318440 2025-11-05 2024 2025-03-06 01:10:19Z BEACH SHOPS MILES NEVIN 6049 EAST SEVENTH STREET LONG BEACH CA 90840 44352837 0 X HTTPS://WWW.CSULB.EDU/BEACH-SHOPS X 1953 CA TO ENHANCE AND SUPPORT THE EDUCATIONAL PROCESS OF CALIFORNIA STATE UNIVERSITY, LONG BEACH. 10 5 721 0 0 0 0 0 2459235 1871968 332704 440224 18798866 22592122 21590805 24904314 122870 119447 0 0 12533212 14125905 0 0 0 5993925 7084507 18650007 21329859 2940798 3574455 28453821 29990979 12516298 13235178 15937523 16755801 X ENHANCE & SUPPORT THE EDUCATIONAL PROCESS OF CSU, LONG BEACH BY PROVIDING GOODS AND SERVICES TO PROMOTE A LEARNING COMMUNITY; TRAINING STUDENT EMPLOYEES WITH LIFE AND CAREER SKILLS; FUNDING SCHOLARSHIPS, INTERNSHIPS AND OTHER PROGRAMS THAT PROMOTE STUDENT SUCCESS. 0 0 7243607 119447 11722540 RESIDENTIAL DINING: BEACH SHOPS OPERATES TWO ON-CAMPUS RESIDENTIAL DINING HALLS, PARKSIDE & HILLSIDE, AND ONE OFF-CAMPUS BEACHSIDE DINING HALL LOCATED JUST A FEW MILES FROM CSULB. EACH FACILITY HAS SIMILAR MENUS THAT ARE BASED ON A 5-WEEK CYCLE AND ARE COMPLIMENTED WITH AN "ALL-YOU-CARE-TO-EAT" HOT-FOOD BAR, DELI AND SALAD BAR, FRESH FRUIT, SOUPS, AND DESSERTS. 4997622 7592817 UNIVERSITY BOOKSTORE: WHERE STUDENTS CAN PURCHASE SCHOOL SUPPLIES, LOGO APPAREL, COMPUTERS, COURSE SUPPLIES AND TEXTBOOKS. ART STORE; WHERE STUDENTS CAN FIND EVERYTHING THEY NEED FOR ACADEMIC ART PROJECTS INCLUDING: PHOTOGRAPHY, PAINTING, DRAWING, CERAMICS, PRINT MAKING, AND GENERAL BOOKS. 3183202 1872125 RETAIL DINING: RETAIL RESTAURANTS ON CAMPUS THAT PROVIDE A WIDE VARIETY OF CUISINES AND BEVERAGE CHOICES INCLUDING: THE NUGGET GRILL & PUB, OUTPOST GRILL, & CAFFEINE LAB. 1315482 3276608 CONVENIENCE STORES: THE SHOPS OPERATE 4 CONVENIENCE STORES THAT ARE LOCATED THROUGHOUT THE CAMPUS. THE CONVENIENCE STORES OFFER GRAB'N'GO SANDWICHES, SOUPS, SNACKS, BEVERAGES, OVER THE COUNTER MEDICATION, AND BASIC SCHOOL SUPPLIES. THEY ARE LOCATED AT THE UNIVERSITY STUDENT UNION, BEACH HUT, BOOKSTORE, AND THE OUTPOST.ID CARD SERVICES: THE SHOPS PROVIDE ID CARD SERVICES TO THE CAMPUS. THIS ID CARD ALSO DOUBLES AS A BEACH CLUB DEBIT CARD. STUDENTS CAN PUT MONEY ON THEIR BEACH CLUB CARD TO USE AT CAMPUS EATERIES, COMPUTER LABS, AND RETAIL LOCATIONS. THE BEACH CARD IS ALSO ACCEPTED BY CERTAIN RETAILERS OFF-CAMPUS. 1315482 3276608 16739913 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 1 0 1 9 0 721 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MILES NEVIN 5629855549 6049 EAST SEVENTH STREET LONG BEACH CA 90840 X NIKKI MAJJIDI BOARD MEMBER 2.00 0.00 X 0 0 0 NANCY DAYNE BOARD MEMBER 2.00 40.00 X 0 139566 35558 MILTON ORDONEZ BOARD MEMBER 2.00 40.00 X 0 238965 75414 MATT MELENDREZ BOARD MEMBER 2.00 0.00 X 0 0 0 JOHN BARCELONA BOARD MEMBER 2.00 0.00 X 0 0 0 ANDRE ACHACON BOARD MEMBER 2.00 0.00 X 0 0 0 JAMES AHUMADA BOARD MEMBER 2.00 0.00 X 0 0 0 VIRGINIA GRAY BOARD MEMBER 2.00 40.00 X 0 161583 72230 BETH LESEN VICE CHAIR 2.00 40.00 X X 0 303993 121521 SCOTT APEL CHAIR 2.00 40.00 X X 0 310854 134482 ROSA HERNANDEZ CHIEF HUMAN RESOURCES OFFICER 20.00 0.00 X 181597 0 36685 MILES NEVIN ASSOCIATE VP & EXECUTIVE DIRECTOR 20.00 0.00 X 131249 0 0 ANDREW KERR CHIEF FINANCIAL OFFICER 20.00 0.00 X 23787 0 0 JORDAN ERES CHIEF OF STAFF 20.00 X 52182 0 0 CYNTHIA FARRINGTON CHIEF BUSINESS OFFICER 40.00 0.00 X 159764 0 34342 ALFREDO MACIAS DIRECTOR, RESIDENTIAL DINING 40.00 0.00 X 135598 0 43612 THOMAS COLLIER CONTROLLER 40.00 0.00 X 119654 0 26304 MAJID ZAHEDI DIRECTOR OF INFORMATION TECHNOLOGY 40.00 0.00 X 141630 0 26854 CLINT CAMPBELL ASSOCIATE EXECUTIVE DIRECTOR 20.00 0.00 X 182527 0 35903 GORDON COPLEY TERM MAY 2024 FORMER CFO 0.00 0.00 X 181495 0 35971 1309483 1154961 678876 14 1 1 1 INX BUILDING MAINTENANCE SOLUTIONS INC 4470 SUNSET BLVD 90425 LOS ANGELES CA 90027 BUILDING MAINTENANCE 330444 1 ENTERPRISE REVENUE 900099 1777201 1777201 BEACH BUCKS INACTIVITY FEE 900099 94767 94767 1871968 436724 436724 3500 0 3500 3500 3500 42040645 19448523 22592122 22592122 24904314 24464090 0 440224 119447 119447 472153 115761 356392 9836961 8364872 1472089 78400 51725 26675 3141279 2072480 1068799 597112 393949 203163 31500 31500 42492 42492 1472979 1202759 270220 49874 46613 3261 812614 737495 75119 465467 439586 25881 21109 13046 8063 49100 26803 22297 77793 77793 540446 507055 33391 344964 331206 13758 REPAIRS AND MAINTENANCE 1270695 905729 364966 0 ROYALTY AND COMMISSIONS 1142557 1142557 0 0 SHARED SERVICES COST SH 504732 0 504732 0 BAD DEBTS 114050 113977 73 0 144135 77060 67075 21329859 16739913 4589946 0 1831079 6656407 4812067 2937513 2866338 2575959 1277887 1442497 1908 16666 25633063 21349882 4392437 4283181 10303575 11203757 796223 874999 2172307 0 28453821 29990979 3172885 2889593 3006971 2861747 6336442 7483838 12516298 13235178 X 15937523 16755801 15937523 16755801 28453821 29990979 X 3574455 710654 -3466831 X 0 1 X 1 0 X X 1 CALIFORNIA STATE UNIVERSITY LONG BEACH 931150363 2 1 30000 89447 1 30000 89447 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X PART IV LINE 1C THE ORGANIZATION'S MISSION IS TO ENHANCE AND SUPPORT THE EDUCATIONAL PROCESS OF CALIFORNIA STATE UNIVERSITY, LONG BEACH BY PROVIDING THE GOODS AND SERVICES TO PROMOTE A LEARNING COMMUNITY; BY TRAINING STUDENT EMPLOYEES WITH LIFE AND CAREER SKILLS; AND BY FUNDING SCHOLARSHIPS, INTERNSHIPS AND OTHER PROGRAMS THAT PROMOTE STUDENT SUCCESS. DURING THE YEAR, THE ORGANIZATION PROVIDED ITS PROGRAM ACTIVITIES TO APPROXIMATELY 41,337 STUDENTS, 4,500 FACULTY AND STAFF AND EMPLOYED OVER 300 PART-TIME STUDENTS. THE PROGRAM ACTIVITIES INCLUDE BOOKSTORE SERVICES, CONVENIENCE STORES, DINING SERVICES, PRINT SHOP, ID CARD SERVICES, AND STUDENT EMPLOYMENT SERVICES. 19209564 15821242 3388322 37664 37664 0 5907879 5444241 463638 477956 46735 431221 4283181 PENSION OBLIGATION 5768811 ACCOUNTS PAYABLE - RELATED PARTIES 576063 POST-RETIREMENT MEDICAL BENEFITS 1138964 7483838 X 25602700 710654 30224 740878 24861822 42492 42492 24904314 21317591 30224 30224 21287367 42492 42492 21329859 PART X, LINE 2: THE ORGANIZATION FOLLOWS U.S. GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENT OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2025 AND THEREFORE NO AMOUNTS HAVE BEEN ACCRUED. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOND PREMIUM AMORTIZATION NETTED WITH REVENUE 30,224. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOND PREMIUM AMORTIZATION NETTED WITH REVENUE 30,224. 1 CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90840 931150363 115 0 66230 FMV DONATED MEALS DONATED MEALS TO RESIDENCE HALL STAFF AND STUDENTS CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90840 931150363 115 30000 0 DONATION TO CAMPUS CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90840 931150363 115 0 23217 FMV DONATED BOOKSTORE ITEMS & FOOD PANTRY ITEMS DONATED BOOKSTORE ITEMS & FOOD PANTRY ITEMS 1 0 X X X X 1 0 0 0 0 0 0 0 0 SCOTT APEL CHAIR 0 310854 0 0 0 0 0 94310 0 40172 0 445336 0 0 BETH LESEN VICE CHAIR 0 303993 0 0 0 0 0 90497 0 31024 0 425514 0 0 MILTON ORDONEZ BOARD MEMBER 0 238965 0 0 0 0 0 46366 0 29048 0 314379 0 0 VIRGINIA GRAY BOARD MEMBER 0 160983 0 600 0 0 0 42035 0 30195 0 233813 0 0 CLINT CAMPBELL ASSOCIATE EXECUTIVE DIRECTOR 182527 0 0 0 0 0 12431 0 23472 0 218430 0 0 0 ROSA HERNANDEZ CHIEF HUMAN RESOURCES OFFICER 181597 0 0 0 0 0 12505 0 24180 0 218282 0 0 0 GORDON COPLEY TERM MAY 2024 FORMER CFO 181495 0 0 0 0 0 5534 0 30437 0 217466 0 0 0 CYNTHIA FARRINGTON CHIEF BUSINESS OFFICER 159764 0 0 0 0 0 10870 0 23472 0 194106 0 0 0 ALFREDO MACIAS DIRECTOR, RESIDENTIAL DINING 135598 0 0 0 0 0 10408 0 33204 0 179210 0 0 0 NANCY DAYNE BOARD MEMBER 0 139116 0 450 0 0 0 33373 0 2185 0 175124 0 0 MAJID ZAHEDI DIRECTOR OF INFORMATION TECHNOLOGY 141630 0 0 0 0 0 9718 0 17136 0 168484 0 0 0 MILES NEVIN ASSOCIATE VP & EXECUTIVE DIRECTOR 131249 0 0 0 0 0 0 0 0 0 131249 0 0 0 JORDAN ERES CHIEF OF STAFF 52182 0 0 0 0 0 0 0 0 0 52182 0 0 0 ANDREW KERR CHIEF FINANCIAL OFFICER 23787 0 0 0 0 0 0 0 0 0 23787 0 0 0 PART I, LINE 4A SEVERANCE WAS PAID DURING THE YEAR TO GORDON COPLEY WHICH IS DISCLOSED IN REPORTABLE COMPENSATION. SCHEDULE J PART II THE COMPENSATION REPORTED FOR THE EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND CHIEF OF STAFF REPRESENTS THE PORTION OF TOTAL COMPENSATION PAID BY ASSOCIATED STUDENTS, INC., LONG BEACH THAT IS ALLOCABLE TO SERVICES PROVIDED TO THE ORGANIZATION UNDER A MANAGEMENT SERVICES AGREEMENT. ASSOCIATED STUDENTS, INC., LONG BEACH, WHICH IS NOT A RELATED ORGANIZATION, EMPLOYS THE OFFICERS AND PAYS ALL SALARY AND BENEFITS. THE AMOUNTS REPORTED ON SCHEDULE J REFLECT ONLY THE PORTIONS ATTRIBUTABLE TO SERVICES PERFORMED FOR THIS ORGANIZATION PURSUANT TO THAT AGREEMENT. A TRUSTEES OF THE CA UNIVERSITY SYSTEM 912155587 2016-04-20 3125000 REFINANCED SERIES 2008A BONDS 0 0 1 A 3415000 3125000 11146 3113854 2016 0 1 1 1 A 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS AND APPROVES THE FORM 990 & MAKES COPIES AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C WITH THE ADVENT OF A NEW BOARD AT THE BEGINNING OF EACH FISCAL YEAR, BOTH NEW AND RETURNING BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT-OF-INTEREST FORM PER BOD POLICY GUIDELINES. FORM 990, PART VI, SECTION B, LINE 15 UNDER GUIDANCE OF THE PERSONNEL COMMITTEE A FORMAL COMPANY WIDE COMPENSATION STUDY IS CONDUCTED EVERY 3-5 YEARS. THIS WAS PREVIOUSLY DONE IN 2017-2018 BY EMPLOYERS GROUP ALONG WITH AN AOA CONSTITUENT REVIEW. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AND IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AT HTTPS://WWW.CSULB.EDU/BEACH-SHOPS/CORPORATE-INFORMATION FORM 990 PART VII THE ORGANIZATION'S EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND CHIEF OF STAFF ARE EMPLOYED BY ASSOCIATED STUDENTS, INC., LONG BEACH, AN AFFILIATED BUT UNRELATED ENTITY THAT PROVIDES EXECUTIVE MANAGEMENT SERVICES UNDER A SHARED-SERVICES AGREEMENT. ALTHOUGH THEIR COMPENSATION IS PAID BY ASSOCIATED STUDENTS, INC., LONG BEACH, THE ORGANIZATION DETERMINED THAT $131,249 OF THE EXECUTIVE DIRECTOR'S COMPENSATION, $23,787 OF THE CHIEF FINANCIAL OFFICER'S COMPENSATION AND $52,182 ARE PROPERLY ALLOCABLE TO SERVICES PROVIDED TO THE ORGANIZATION AND ARE THEREFORE REPORTED IN FORM 990, PART VII, COLUMN (D) AND ON SCHEDULE J, PART II. THE ORGANIZATION DOES NOT DIRECTLY PAY OR REIMBURSE EITHER OFFICER FOR COMPENSATION; RATHER, IT PAYS ASSOCIATED STUDENTS, INC., LONG BEACH A CONTRACTUAL SERVICE FEE COVERING THE OFFICERS' TIME AND RELATED SUPPORT SERVICES. FORTY-NINER SHOPS, INC.'S CHIEF HUMAN RESOURCE OFFICER ALSO SERVES IN THE SAME CAPACITIES FOR ASSOCIATED STUDENTS, INC. (ASI), AN AFFILIATED BUT UNRELATED ORGANIZATION FOR FORM 990 REPORTING PURPOSES. THE CHIEF HUMAN RESOURCE OFFICER DIVIDES HER TIME BETWEEN THE TWO ENTITIES PURSUANT TO A SHARED SERVICES AGREEMENT THAT PROVIDES FOR REIMBURSEMENT OF COMPENSATION AND BENEFITS BASED ON THE PROPORTION OF SERVICES PERFORMED FOR EACH ORGANIZATION. FORTY-NINER SHOPS, INC. EMPLOYS HER, PAYS 100 PERCENT OF HER SALARY AND BENEFITS, AND REPORTS THE FULL AMOUNTS ON ITS FORM 990, PART VII AND SCHEDULE J. UNDER THE SHARED SERVICES AGREEMENT, ASI REIMBURSES FORTY-NINER SHOPS, INC. FOR ITS ALLOCABLE SHARE OF THE OFFICERS' COMPENSATION AND REPORTS ONLY THE PORTION ALLOCABLE TO SERVICES PROVIDED TO IT IN ITS OWN FORM 990, PART VII AND SCHEDULE J. FORM 990, PART XI, LINE 9: PENSION AND OTHER POST-RETIREMENT RELATED CHANGES OTHER THAN SERVICE COST -3,466,831. CALIFORNIA STATE UNIVERSITY LONG BEACH 1250 BELLFLOWER BLVD LONG BEACH CA 90840 931150363 PUBLIC UNIVERSITY CA 115 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 CALIFORNIA STATE UNIVERSITY LONG BEACH B 119447 FMV CALIFORNIA STATE UNIVERSITY LONG BEACH P 1816464 FMV CALIFORNIA STATE UNIVERSITY LONG BEACH Q 3828529 FMV