2026-02-23T18:02:05-06:00 2025-06-30 930623286 ALDRICH CPAS AND ADVISORS LLP 1903 WRIGHT PLACE 180 CARLSBAD CA 92008 990 2024-07-01 330397688 CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION CALI 7607504700 333 S TWIN OAK VALLEY RD SAN MARCOS CA 92096 DEANNE ELLISON EXECUTIVE DIRECTOR 7607504700 2026-02-23 1 1 DEBRA D SMITH CPA P00646873 7604318440 2026-02-23 2024 2025-03-06 01:10:19Z DEANNE ELLISON 333 S TWIN OAK VALLEY RD SAN MARCOS CA 92096 40196837 0 X WWW.CSUSM.EDU/CORP X 1990 CA TO PROVIDE FINANCIAL AND PROGRAM ADMINISTRATIVE SUPPORT TO CALIFORNIA STATE UNIVERSITY SAN MARCOS. 15 4 730 149 0 0 18450034 22615905 16430583 15522757 424478 388663 8270 124468 35313365 38651793 6687835 6131249 0 0 11923866 14022160 0 0 0 14554177 15832935 33165878 35986344 2147487 2665449 137463698 135114379 114954421 109269907 22509277 25844472 X THE CALIFORNIA STATE UNIVERSITY SAN MARCOS, CORPORATION IS A NON-PROFIT TAX EXEMPT ORGANIZATION ESTABLISHED TO PROVIDE ADMINISTRATIVE AND OTHER BUSINESS SERVICES TO CALIFORNIA STATE UNIVERSITY SAN MARCOS.SERVICES INCLUDE THE ADMINISTRATION OF RESEARCH AND TRAINING GRANT AWARDS TO CAMPUS FACULTY, AND OPERATION OF VARIOUS CAMPUS COMMERCIAL OPERATIONS INCLUDING THE BOOKSTORE AND FOOD SERVICES. OTHER SERVICES PROVIDED INCLUDE FINANCIAL MANAGEMENT SUPPORT TO OTHER CAMPUS ENTITIES AND PROGRAMS. 0 0 20330178 6101369 ADMINISTRATION OF RESEARCH AND TRAINING GRANTS AWARDED TO THE CAMPUS FACULTY FROM VARIOUS FEDERAL, STATE, AND OTHER GOVERNMENTAL AGENCIES AND PRIVATE FOUNDATIONS. FEDERAL GRANT REVENUES TOTALED $16.9 MILLION WHILE STATE AND LOCAL GOVERNMENT AGENCY GRANT REVENUES TOTALED APPROX. $3.87 MILLION. GRANTS AND AWARDS FROM PRIVATE FOUNDATIONS AND OTHER NON-GOVERNMENTAL ENTITIES TOTALED $1,392,373. 6218725 8283373 DEVELOPMENT AND MANAGEMENT OF THE ON-CAMPUS AND AFFILIATED OFF-CAMPUS STUDENT HOUSING PROGRAM WHICH MAY PROVIDE HOUSING AND STUDENT-LIFE ACTIVITIES FOR UP TO 2,091 STUDENTS. 2205012 29880 4277124 PROVIDE FINANCIAL AND ADMINISTRATIVE SUPPORT SERVICES TO VARIOUS CAMPUS PROGRAMS AND ACTIVITIES. OTHER CAMPUS PROGRAMS FOR WHICH SERVICES WERE PROVIDED INCLUDE FACULTY RESEARCH DEVELOPMENT AND VARIOUS COMMUNITY OUTREACH PROGRAMS. 4246837 2962260 OPERATIONS OF THE EXTENDED LEARNING/STUDENT SERVICES BUILDING AND PARKING STRUCTURE (CONDOMINIUM INTEREST). ALSO INCLUDES EXPENSES INCURRED OR PAID BY THE CORPORATION AS PART OF ITS MANAGEMENT OF ON CAMPUS DINING SERVICES, WHICH ARE OUTSIDE OF THE DIRECT OPERATIONAL COSTS REFLECTED ON THE BOOKS OF THE UNRELATED THIRD-PARTY DINING SERVICES PROVIDER. 4246837 2962260 33000752 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 413 0 730 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X SHANNYN STERN 7607504470 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 920960001 ANN BERSI VICE CHAIR 3.00 X X 0 0 0 DENISE GARCIA SECRETARY 3.00 40.00 X X 94323 144888 63792 JASON SCHREIBER CHAIR 3.00 40.00 X X 0 174210 55343 LEON WYDEN TREASURER 3.00 40.00 X X 0 309830 79005 OCTAVIO MARTINEZ DIRECTOR 1.00 20.00 X 11775 1964 0 CHARLE DE LEONE DIRECTOR 1.00 40.00 X 0 222148 96438 MICHAEL WALSH DIRECTOR 1.00 X 0 0 0 CHRISTOPHER THIBODEAU DIRECTOR 1.00 X 0 0 0 CARMEN RENE DIRECTOR 1.00 X 0 0 0 ELAINE POLLARD DIRECTOR 1.00 20.00 X 8533 0 0 SARAH VILLARREAL DIRECTOR 1.00 40.00 X 0 231506 96802 CARL KEMNITZ DIRECTOR 1.00 40.00 X 0 315688 124134 KRISTIN STEWART DIRECTOR 1.00 40.00 X 0 201684 63519 JENNIFER OSTERGREN DIRECTOR 1.00 40.00 X 0 239698 101659 DEANNE ELLISON EXECUTIVE DIRECTOR 40.00 X 175982 0 12921 290613 1841616 693613 1 0 1 0 OLYMPUS BUILDING SERVICES PO BOX 44224 PHOENIX AZ 85064 CUSTODIAL SERVICES 341589 WRD CONSULTING GROUP LLC 1280 ALABAMA AVE SE BANDON OR 97411 EVALUATION/CONSULTING 102473 2 480000 20743532 1392373 480000 22615905 STUDENT HOUSING 900099 8283373 8283373 CAMPUS PROGRAMS 900099 4277124 4277124 CAPITAL LEASE INCOME 900099 2164478 2164478 FOOD SERVICES COMMISSIONS 900099 428668 428668 OTHER CAMPUS COMMISSIONS 900099 369114 369114 15522757 450062 450062 124468 0 124468 124468 124468 1483645 1545044 -61399 -61399 -61399 38651793 15522757 0 513131 2473167 2473167 3658082 3658082 214671 171737 42934 10928311 10274593 653718 457598 449606 7992 1730716 1553253 177463 690864 647672 43192 36881 5611 31270 85183 85183 3271182 2634437 636745 969944 961364 8580 210661 195784 14877 1278796 1259120 19676 508810 481177 27633 2576471 2575597 874 2448972 1883801 565171 403105 390059 13046 REPAIRS AND MAINTENANCE 1169735 1164432 5303 0 SPACE RENTAL 931558 931558 0 0 OTHER SPONSORED PROGRAM 913951 913951 0 0 CAMPUS MISSION 350000 0 350000 0 677686 375751 301935 35986344 33000752 2985592 0 2703171 2942698 8546 34987 6175880 6656564 90042 170150 47205904 27985282 19025512 19220622 6279692 9883096 10405395 7494514 92775460 88711748 137463698 135114379 3562552 3649609 3790151 3089905 12862615 11703605 57071447 55649326 37667656 35177462 114954421 109269907 X 22509277 25844472 22509277 25844472 137463698 135114379 X 2665449 615485 54261 X 0 1 X 1 1 1 X 13529192 14668209 15261721 18450034 22615905 84525061 13529192 14668209 15261721 18450034 22615905 84525061 84525061 29795 39932 168827 574631 574530 1387715 85912776 76987429 0.98380 0.98840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3134156 3134156 32406846 19827105 12579741 2758930 2000979 757951 8315785 6157198 2158587 590187 590187 19220622 FIXED INCOME 7494514 F 7494514 OTHER ASSETS 102722 LEASE RECEIVABLE - RELATED PARTY 81971382 RIGHT-TO-USE ASSETS - FINANCE LEASE, NET OF ACCUMULATED AMORTIZATION 6608162 RIGHT-TO-USE ASSETS - OPERATING LEASE, NET OF ACCUMULATED AMORTIZATION 29482 88711748 ACCRUED POSTRETIREMENT BENEFIT COSTS 1271402 DUE TO RELATED ORGANIZATIONS 999957 UNEARNED INCOME - DIRECT FINANCING LEASE 28693666 FINANCE LEASE 4182776 OPERATING LEASE - RELATED PARTY 29661 35177462 X 41118826 615485 1851548 2467033 38651793 0 38651793 37783631 1851548 1851548 35932083 54261 54261 35986344 PART X, LINE 2: THE CORPORATION FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE CORPORATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE STATEMENTS OF ACTIVITIES, WHEN APPLICABLE. MANAGEMENT HAS DETERMINED THAT THE CORPORATION HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024; THEREFORE, NO AMOUNTS HAVE BEEN ACCRUED. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET PERIODIC POSTRETIREMENT COST 54,261. 1 CALIFORNIA STATE UNIVERSITY SAN MARCOS 333 S TWIN OAKS ROAD SAN MARCOS CA 92096 330535371 115 2473167 0 STUDENT SCHOLARSHIPS 1 0 STIPENDS 635 3658082 0 PART I, LINE 2: GRANTS GIVEN TO CSUSM ARE FOR STUDENT SCHOLARSHIPS AND THE UNIVERSITY MONITORS THE FUNDS GIVEN TO EACH STUDENT. THE FINANCIAL AID OFFICE OF THE UNIVERSITY QUALIFIES APPLICANTS FOR SCHOLARSHIPS BASED ON CRITERIA OVER WHICH CSUSM CORPORATION HAS NO CONTROL. EXPENDITURES ON GRANTS AND CONTRACTS ARE CLOSELY MONITORED BY THE CSUSM CORPORATION STAFF TO COMPLY WITH SPONSOR REQUIREMENTS. X X 0 0 0 0 0 0 0 0 0 CARL KEMNITZ DIRECTOR 0 315688 0 0 0 0 0 93469 0 30665 0 439822 0 0 LEON WYDEN TREASURER 0 309830 0 0 0 0 0 48316 0 30689 0 388835 0 0 JENNIFER OSTERGREN DIRECTOR 0 239698 0 0 0 0 0 70970 0 30689 0 341357 0 0 SARAH VILLARREAL DIRECTOR 0 231506 0 0 0 0 0 68544 0 28258 0 328308 0 0 CHARLE DE LEONE DIRECTOR 0 222148 0 0 0 0 0 65773 0 30665 0 318586 0 0 DENISE GARCIA SECRETARY 94323 144888 0 0 0 0 0 41151 0 22641 94323 208680 0 0 KRISTIN STEWART DIRECTOR 0 201684 0 0 0 0 0 45317 0 18202 0 265203 0 0 JASON SCHREIBER CHAIR 0 174210 0 0 0 0 0 44608 0 10735 0 229553 0 0 DEANNE ELLISON EXECUTIVE DIRECTOR 175982 0 0 0 0 0 11617 0 1304 0 188903 0 0 0 PART I, LINE 3 THE ORGANIZATION'S EXECUTIVE DIRECTOR IS AN EMPLOYEE OF THE CSUSM CORPORATION (CORPORATION). THE REMAINING OFFICERS LISTED ON SCHEDULE J ARE EMPLOYEES OF THE RELATED ORGANIZATION, CALIFORNIA STATE UNIVERSITY SAN MARCOS. THE RELATED ORGANIZATION HAS POLICIES IN PLACE WHICH ARE USED TO DETERMINE COMPENSATION. A TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY 912155587 13077CXXX 2013-08-07 13060835 REFUND PRIOR ISSUE 0 0 0 B TRUSTEES OF THE CALIFORNIA STATE UNIVERSITY 912155587 13077CXXX 2014-08-20 9705474 REFUND PRIOR ISSUE 0 0 0 A 5530000 13060835 61788 12999047 0 1 1 1 B 9705474 44812 9660662 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 X 1 480000 BOOK VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC FORM OF THE 990 IS EMAILED TO EACH BOARD MEMBER PRIOR TO FILING. THE FORM 990 IS ALSO REVIEWED BY THE EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH FISCAL YEAR ALL MEMBERS OF THE AUXILIARY'S BOARD OF DIRECTORS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. THIS POLICY ALSO APPLIES TO ALL DIRECTOR LEVEL POSITIONS, INCLUDING THE EXECUTIVE DIRECTOR, AND ALL OTHER POSITIONS THAT HAVE SIGNIFICANT EXPOSURE AND/OR DECISION MAKING AUTHORITY TO WARRANT REGULAR MONITORING OF THE CONFLICT OF INTEREST ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S EXECUTIVE DIRECTOR (ED) IS AN EMPLOYEE OF THE CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION. AS SUCH, THE ED'S COMPENSATION LEVEL SHOULD FOLLOW CORPORATION'S COMPENSATION POLICY AND IS INCLUDED WITH THE ORGANIZATION'S FISCAL YEAR OPERATING BUDGET, WHICH IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. ANY PAY INCREASE FOR THE ED OVER THE BOARD APPROVED PAY INCREASE AMOUNT MUST BE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THIS IS ALSO TRUE FOR ANY BONUS PAY TO BE PROVIDED TO THE ED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORMS 990 (FROM THE PREVIOUS THREE YEARS) ARE AVAILABLE ON THE ORGANIZATIONS WEBSITE OR FOR INSPECTION OR COPYING AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. FORM 990, PART XI, LINE 9: NET PERIODIC POSTRETIREMENT COST 54,261. CALIFORNIA STATE UNIVERSITY SAN MARCOS 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 330535371 CALIFORNIA STATE UNIVERSITY- HIGHER EDUCATIONAL INSTITUTION CA 115 0 CALIFORNIA STATE UNIVERSITY SAN MARCOS FOUNDATION 333 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 800390564 FUNDRAISING & GRANTS ADMINISTRATION CA 501(C)(3) LINE 5 0 ASSOCIATED STUDENTS INC CSUSM 335 S TWIN OAKS VALLEY ROAD SAN MARCOS CA 92096 330556915 STUDENT LEADERSHIP, ACTIVITIES & RECREATION CA 501(C)(3) LINE 12C, III-FI 0 0 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 1 0 CALIFORNIA STATE UNIVERSITY SAN MARCOS P 6721183 COST REIMBURSEMENT CALIFORNIA STATE UNIVERSITY SAN MARCOS Q 15457235 COST OF SERVICES CALIFORNIA STATE UNIVERSITY SAN MARCOS O 3010245 COST OF SERVICES