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University Corporation At Monterey Bay

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770387459 ✦ Seaside, CA ✦ Designated as a 501(c)(3)

Overview

What is University Corporation At Monterey Bay?

University Corporation at Monterey Bay is a nonprofit organization based in Seaside, California, with an address at 100 CAMPUS CTR BLDG 201 101B, ZIP code 93955. Their mission is to support California State University, Monterey Bay, by providing resources and services that extend beyond state funding. They use their fiscal flexibility to manage commercial activities and generate revenue for the university's strategic initiatives, while committing to building a multicultural learning community. The organization's program includes housing, dining, and residential life for students, faculty, and staff, contributing to the university's scientific, literary, educational, and charitable purposes. With a workforce of 747 employees, they aim to enhance the university experience and foster productive, responsible, and ethical contributors to California and the global community.


Official website here: www.csumb.edu

Is University Corporation At Monterey Bay legitimate?

University Corporation At Monterey Bay is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Corporation At Monterey Bay submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,390,401

For more financial information, click here


Official website here: www.csumb.edu

What is the mission statement of University Corporation At Monterey Bay?

The University Corporation At Monterey Bay aims to enhance the academic programs of California State University, Monterey Bay, and contribute to its scientific, literary, educational, and charitable pursuits. With fiscal flexibility, the corporation provides resources and services that are not funded by the state. Operational expertise is utilized to manage commercial activities, while entrepreneurial acumen is employed to generate revenue for the university's strategic initiatives. The corporation is dedicated to fostering a multicultural learning community, where partners contribute ethically, responsibly, and productively to California and the global community.


Official website here: www.csumb.edu

Who is the CEO of University Corporation At Monterey Bay?

Larry Samuels is the Executive Director of University Corporation At Monterey Bay.


Official website here: www.csumb.edu

What is the revenue of University Corporation At Monterey Bay?

University Corporation At Monterey Bay's revenue in 2022 was $72,925,924.


Official website here: www.csumb.edu

Who are the executives of University Corporation At Monterey Bay and what are their salaries?

The average compensation at University Corporation At Monterey Bay during 2022 was $20,603. There are 747 employees and 300 volunteers at University Corporation At Monterey Bay.

Here are 15 key members and their salaries:

    Eduardo Ochoa Phd (President) [Trustee/Director]
  • Compensation: $0
  • Related: $288,746
  • Other: $114,651

    • Katherine Kantardjieff (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $256,268
  • Other: $84,616

    • Barbara Zappas (University Development Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $216,322
  • Other: $81,265

    • Larry Samuels (Executive Director)
  • Compensation: $0
  • Related: $208,474
  • Other: $60,947

    • Forrest Melton (Sr. Scientist)
  • Compensation: $158,713
  • Related: $0
  • Other: $47,639

    • Sherry Baggett (Controller)
  • Compensation: $152,625
  • Related: $0
  • Other: $47,014

    • Starr Lee (Associate Executive Direct)
  • Compensation: $175,867
  • Related: $0
  • Other: $19,817

    • Lee Johnson (Sr. Scientist)
  • Compensation: $146,377
  • Related: $0
  • Other: $37,702

    • Glen Nelson (Vp Of Admin And Finance Director)
  • Compensation: $0
  • Related: $116,481
  • Other: $53,776

    • Miklos Benedek (General Manager)
  • Compensation: $118,221
  • Related: $0
  • Other: $23,795

    • Mary Jo Zenk (Staff Director)
  • Compensation: $0
  • Related: $80,784
  • Other: $43,950

    • Maria Bellumori (Faculty Director)
  • Compensation: $0
  • Related: $88,241
  • Other: $35,520

    • David Ledesma (Student Director)
  • Compensation: $0
  • Related: $5,285
  • Other: $0

    • John Fraire (Student Affairs Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Taylor Esq (Community Member Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.csumb.edu

    Where can I find the form 990 for University Corporation At Monterey Bay?

    The University Corporation At Monterey Bay’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.csumb.edu

    Learn more at the official website: www.csumb.edu

    Mission Statement of University Corporation At Monterey Bay

    University Corporation At Monterey Bay (UCMB) is a mission-driven organization dedicated to advancing the programs of California State University, Monterey Bay, and supporting its scientific, literary, educational, and charitable purposes. In pursuit of this goal, UCMB employs fiscal flexibility to provide essential resources and services not funded by the state, offering operational expertise to manage commercial activities, and leveraging entrepreneurial acumen to generate revenue in support of the university's strategic initiatives.

    UCMB's commitment extends beyond financial support. The organization is dedicated to fostering a multicultural learning community, partnering with individuals prepared to contribute productively, responsibly, and ethically to California and the global community. By using its resources effectively, UCMB plays a vital role in enabling the university to thrive and make a lasting impact.

    Impact

    This information is meant to be a general summary of University Corporation At Monterey Bay. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University Corporation At Monterey Bay plays a significant role in furthering the programs of California State University, Monterey Bay, and supporting the university's scientific, literary, educational, and charitable purposes. It provides essential services such as housing, dining, and residential life programs for students, faculty, and staff. Additionally, the corporation uses its fiscal flexibility to provide resources and services not supported by the state, operational expertise to manage commercial activities, and entrepreneurial acumen to generate revenue in support of the university's strategic initiatives. Through its commitment to building a multicultural learning community and preparing partners to contribute productively, responsibly, and ethically to California and the global community, the University Corporation At Monterey Bay has a significant impact on education and community development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,883,736
  • Program Service Revenue: $41,360,108
  • Gross Receipts: $75,801,499

    • Assets and Liabilities:
  • Total Assets: $228,825,239
  • Total Liabilities: $162,040,300
  • Net Assets: $66,784,939
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOUSING, DINING & RESIDENTIAL LIF

    Revenue

    $39,607,447

    COMMISSIONS AND SERVICE FEES

    Revenue

    $962,713

    RADIO STATION FUNDING

    Revenue

    $789,948

    Organization Details

    Founding Year

    1994

    Principal Officer

    Larry Samuels

    Main Address

    100 CAMPUS CTR BLDG 201 101B, SEASIDE, CA, 93955

    NTEE Category

    Code: B80 - Education

    If you are a representative of University Corporation At Monterey Bay and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.