Nonprofit · EIN 77-0387459
UNIVERSITY CORPORATION AT MONTEREY BAY
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $95,552,872 | $88,988,882 | $6,563,990 | $220,142,016 | $145,757,028 | $74,384,988 |
| June 30, 2024 | 990 | $81,682,558 | $84,279,508 | -$2,596,950 | $222,161,128 | $151,258,616 | $70,902,512 |
| June 30, 2023 | 990 | $79,086,983 | $76,139,293 | $2,947,690 | $223,603,733 | $153,357,673 | $70,246,060 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $33,094,683
- of which government grants
- $25,074,964
- Program service revenue
- $53,585,192
- Investment income
- $7,786,427
- Net rental income
- -$370,726
- Net gain from sales of assets
- $5,463,328
- Net income from fundraising events
- -$43,422
- Net income from sales of inventory
- $1,500,718
- Other revenue
- $1,086,570
Expenses
- Grants and similar amounts paid
- $13,105,722
- Compensation of officers, directors and key employees
- $16,356
- Other salaries and wages
- $14,273,376
- Salaries, compensation and benefits (total)
- $19,428,293
- Professional fundraising fees
- $0
- Legal fees
- $173,532
- Accounting fees
- $102,845
- Occupancy
- $11,106,699
- Travel
- $746,445
- Depreciation
- $9,915,375
- Program services (functional)
- $83,566,650
- Management and general (functional)
- $4,611,223
- Fundraising (functional)
- $811,009
Balance sheet and other
- Total assets, start of year
- $222,161,128
- Total assets, end of year
- $220,142,016
- Total liabilities, end of year
- $145,757,028
- Net assets, end of year
- $74,384,988
- Land, buildings and equipment
- $137,417,598
- Publicly traded securities
- $39,278,361
- Gross unrelated business income
- -$104,180
- Gross receipts
- $174,397,139
- Employees
- 795
- Volunteers
- 142
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| VANYA QUINONES PHD | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $370,000 | $61,163 |
| ANDREW LAWSON | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $300,973 | $112,596 |
| BEN CORPUS | STUDENT AFFAIRS DIRECTOR Trustee or director | 0.5 | $0 | $276,430 | $66,951 |
| ALAN FISHER PART YEAR | INTERIM EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $110,924 | $138,864 | $48,368 |
| SHERRY BAGGETT | CONTROLLER Highest-paid employee | 40 | $192,231 | $0 | $55,220 |
| MADDISON BURTON | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 40 | $193,652 | $0 | $33,621 |
| LEE JOHNSON | SR. RESEARCH SCIENTIST Highest-paid employee | 40 | $167,036 | $0 | $42,792 |
| ELIZABETH MIHOPOULOS | STAFF DIRECTOR Trustee or director | 0.5 | $0 | $156,359 | $46,260 |
| HIROFUMI HASHIMOTO | RESEARCH SCIENTIST Highest-paid employee | 40 | $144,501 | $0 | $52,017 |
| ADAM PURDY | SR. RESEARCH SCIENTIST Highest-paid employee | 40 | $142,766 | $0 | $50,209 |
| ARLENE HAFFA | FACULTY DIRECTOR Trustee or director | 10 | $22,056 | $129,225 | $37,441 |
| ANDREW NINO | STUDENT DIRECTOR Trustee or director | 0.5 | $0 | $3,480 | $0 |
| MICHAEL LA PLANTE BEG 6125 | UNIVERSITY ADVANCEMENT DIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| GORDON MCDOUGALL 11-53125 | UNIVERSITY ADVANCEMENT DIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| ROBERT TAYLOR ESQ | COMMUNITY MEMBER DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| VANYA QUINONES PHD | PRESIDENT Trustee or director, Officer | 1 | $0 | $370,000 | $76,597 |
| BARBARA ZAPPAS PART YEAR | UNIVERSITY DEVELOPMENT DIR Trustee or director | 1 | $0 | $284,713 | $114,736 |
| GLEN NELSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 | $282,000 | $68,367 |
| ANDREW LAWSON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $224,203 | $93,379 |
| STARR LEE | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 40 | $210,679 | $0 | $22,144 |
| SHERRY BAGGETT | CONTROLLER Highest-paid employee | 40 | $181,470 | $0 | $49,803 |
| LEE JOHNSON | SR. SCIENTIST Highest-paid employee | 40 | $161,380 | $0 | $39,196 |
| MADDISON BURTON | HR & PAYROLL DIRECTOR Highest-paid employee | 40 | $150,016 | $0 | $27,478 |
| JILL HOSMER-JOLLEY | FACULTY DIRECTOR Trustee or director | 1 | $0 | $132,696 | $40,355 |
| MARY JO ZENK | STAFF DIRECTOR Trustee or director | 1 | $0 | $99,732 | $68,367 |
| RUBEN MENDOZA | NAGPRA AUDIT Highest-paid employee | 40 | $158,500 | $0 | $0 |
| BEN CORPUS | STUDENT AFFAIRS DIRECTOR Trustee or director | 1 | $0 | $110,000 | $39,931 |
| ADRIAN VILLALPANDO | STUDENT DIRECTOR Trustee or director | 1 | $0 | $4,841 | $0 |
| ROBERT TAYLOR ESQ | COMMUNITY MEMBER DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KATHERINE KANTARDJIEFF | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $324,434 | $97,644 |
| VANYA QUINONES PHD | PRESIDENT Trustee or director, Officer | 1 | $0 | $295,720 | $108,885 |
| BARBARA ZAPPAS | UNIVERSITY DEVELOPMENT DIR Trustee or director | 1 | $0 | $240,911 | $96,167 |
| GLEN NELSON | EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 | $245,212 | $57,933 |
| JOHN FRAIRE | STUDENT AFFAIRS DIRECTOR Trustee or director | 1 | $0 | $217,000 | $25,200 |
| STARR LEE | ASSOCIATE EXECUTIVE DIRECT Highest-paid employee | 40 | $212,077 | $0 | $23,386 |
| SHERRY BAGGETT | CONTROLLER Highest-paid employee | 40 | $177,818 | $0 | $46,835 |
| FORREST MELTON | SR. SCIENTIST Highest-paid employee | 40 | $173,219 | $0 | $46,437 |
| LEE JOHNSON | SR. SCIENTIST Highest-paid employee | 40 | $156,748 | $0 | $36,812 |
| EDUARDO M OCHOA PHD | PRESIDENT (PART YEAR) Trustee or director, Officer | 1 | $0 | $131,499 | $33,654 |
| MIKLOS BENEDEK | GENERAL MANAGER Highest-paid employee | 40 | $137,386 | $0 | $24,724 |
| MARY JO ZENK | STAFF DIRECTOR Trustee or director | 1 | $0 | $90,941 | $46,654 |
| MARIA BELLUMORI | FACULTY DIRECTOR Trustee or director | 1 | $531 | $94,580 | $38,087 |
| JOHN JIMENEZ | STUDENT DIRECTOR Trustee or director | 1 | $0 | $9,850 | $0 |
| ROBERT TAYLOR ESQ | COMMUNITY MEMBER DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8 UPPER RAGSDALE DR, MONTEREY, CA 93940-5730
- Principal officer (990 for 2024)
- MADDISON BURTON, 8 UPPER RAGSDALE DRIVE, MONTEREY, CA 93940
- Signed the 990
- SHERRY BAGGETT, CONTROLLER
- Phone
- (831) 582-3395
- Website
- WWW.CSUMB.EDU
- Return prepared by
- GLENN BURDETTE
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0387459 or by the name UNIVERSITY CORPORATION AT MONTEREY BAY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO USE FISCAL FLEXIBILITY TO PROVIDE RESOURCES AND SERVICES NOT SUPPORTED BY THE STATE, OPERATIONAL EXPERTISE TO IMPLEMENT AND MANAGE COMMERCIAL ACTIVITIES AND ENTREPRENEURIAL ACUMEN TO GENERATE REVENUE IN SUPPORT OF THE UNIVERSITY'S STRATEGIC INITIATIVES. THE CORPORATION IS COMMITTED TO SUPPORTING THE UNIVERSITY IN BUILDING A MULTICULTURAL LEARNING COMMUNITY WHOSE PARTNERS ARE PREPARED TO CONTRIBUTE PRODUCTIVELY, RESPONSIBLY AND ETHICALLY TO CALIFORNIA AND THE GLOBAL COMMUNITY.
Program accomplishments
- HOUSING, DINING AND RESIDENTIAL LIFE PROGRAM FOR STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY.Expenses $48,236,733 · revenue $53,230,666
- GRANTS & CONTRACTS: EXTERNALLY SPONSORED PROJECTS ADMINISTERED BY THE CORPORATION FOR THE UNIVERSITY.Expenses $26,823,012 · grants $10,222,216
- CAMPUS SUPPORT, DEVELOPMENT AND INFRASTRUCTURE: VARIOUS BUILDING AND OTHER PROJECTS FOR THE BENEFIT OF THE UNIVERSITY AND ITS AUXILIARIESExpenses $3,007,480 · grants $2,649,344
- OPERATION OF UNIVERSITY RADIO STATION, KAZU, WHICH PROVIDES NEWS BROADCASTING SERVICES FOR FACULTY, STAFF AND THE LOCAL COMMUNITY.Expenses $1,654,716 · revenue $1,837,550
- EDUCATIONAL CONFERENCES, WORKSHOPS AND OTHER SERVICES AND SUPPORT PROVIDED BY THE CORPORATION IN SUPPORT OF THE UNIVERSITY AND ITS STUDENTS.Expenses $1,369,211 · grants $7,797
- STUDENT SUPPORT AND SCHOLARSHIPSExpenses $2,475,498 · grants $226,365
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0387459
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $220,142,016
- Income (IRS master file)
- $174,397,139
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $95,552,872 | $88,988,882 | $220,142,016 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $81,682,558 | $84,279,508 | $222,161,128 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $79,086,983 | $76,139,293 | $223,603,733 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $72,925,924 | $83,426,081 | $228,825,239 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 77-0387459).
Questions about UNIVERSITY CORPORATION AT MONTEREY BAY
- What is the EIN of UNIVERSITY CORPORATION AT MONTEREY BAY?
- The employer identification number (EIN) of UNIVERSITY CORPORATION AT MONTEREY BAY is 77-0387459.
- Is UNIVERSITY CORPORATION AT MONTEREY BAY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to UNIVERSITY CORPORATION AT MONTEREY BAY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY CORPORATION AT MONTEREY BAY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY CORPORATION AT MONTEREY BAY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY CORPORATION AT MONTEREY BAY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY CORPORATION AT MONTEREY BAY?
- The 990 for the year ended June 30, 2025 names MADDISON BURTON.
- Who are the officers and directors of UNIVERSITY CORPORATION AT MONTEREY BAY?
- The 990 for the year ended June 30, 2025 lists 15 people; 7 received compensation from the organization.
- How much revenue does UNIVERSITY CORPORATION AT MONTEREY BAY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $95,552,872, expenses of $88,988,882 and total assets of $220,142,016 at year end.
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