Nonprofit · EIN 94-3001359
UNIVERSITY FOUNDATION AT SACRAMENTO STATE
Tax-exempt · SACRAMENTO, CA 95819
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $24,059,066 | $9,181,518 | $14,877,548 | $146,251,337 | $881,117 | $145,370,220 |
| June 30, 2024 | 990 | $23,413,225 | $7,475,902 | $15,937,323 | $127,817,878 | $973,544 | $126,844,334 |
| June 30, 2023 | 990 | $15,437,193 | $6,730,901 | $8,706,292 | $109,503,816 | $546,316 | $108,957,500 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $14,748,376
- Program service revenue
- $0
- Investment income
- $9,310,690
- Net gain from sales of assets
- $5,905,092
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,071,880
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $156,313
- Legal fees
- $1,458
- Accounting fees
- $46,314
- Occupancy
- $32,322
- Travel
- $166,808
- Program services (functional)
- $8,175,070
- Management and general (functional)
- $815,948
- Fundraising (functional)
- $190,500
Balance sheet and other
- Total assets, start of year
- $127,817,878
- Total assets, end of year
- $146,251,337
- Total liabilities, end of year
- $881,117
- Net assets, end of year
- $145,370,220
- Publicly traded securities
- $133,568,146
- Gross receipts
- $77,473,553
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1986
- 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 |
|---|---|---|---|---|---|
| LUKE WOOD | SAC STATE PRES. Trustee or director, Officer | 0.1 | $0 | $545,332 | $138,333 |
| JONATHAN BOWMAN | SAC STATE CFO, DIRECT. (THRU 7/24) Trustee or director, Officer | 0.1 | $0 | $355,958 | $77,442 |
| MACHELLE MARTIN | VP, PEOPLE & CULT./CFO (7/24-2/25) Trustee or director, Officer | 0.1 | $0 | $230,824 | $77,875 |
| SHARON TAKEDA | FORMER UNIV ADMIN Former | 0.1 | $0 | $212,472 | $54,561 |
| AJAY SINGH | FACULTY REPRESENTATIVE Trustee or director | 0.1 | $0 | $96,326 | $52,333 |
| MICHAEL REZA | UNIV ADVMNT ADMIN (FROM 9/24) Trustee or director, Officer | 0.1 | $0 | $77,104 | $21,367 |
| BERNICE BASS DE MARTINEZ | GOVERNANCE CHAIR Trustee or director | 0.1 | $0 | $51,185 | $0 |
| NATALY ANDRADE-DOMINGUEZ | SSP I Trustee or director | 0.1 | $0 | $1,475 | $0 |
| CHRIS MCALARY | INTERIM VP ADMIN-CFO (FROM 2/25) Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| ALICE PEREZ | BOARD CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RYAN MURPHY | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| GARRY MAISEL | CHAIR, FINANCE COMMITTEE Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| SUE MCGINTY | BOARD SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| TINA TREIS | CHAIR, AUDIT COMMITTEE Trustee or director | 0.1 | $0 | $0 | $0 |
| LORA ANGUAY | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE AULT | DIRECTOR Trustee or director | 0.1 | $0 |
| MARGOT BACH | DIRECTOR Trustee or director | 0.1 | $0 |
| FRED BALDINI | DIRECTOR Trustee or director | 0.1 | $0 |
| DAVID BUGATTO | DIRECTOR Trustee or director | 0.1 | $0 |
| SONNEY CHONG | DIRECTOR (THRU 12/24) Trustee or director | 0.1 | $0 |
| VANESSA GUERRA | DIRECTOR Trustee or director | 0.1 | $0 |
| COLETTE HARRIS-MATHEWS | DIRECTOR Trustee or director | 0.1 | $0 |
| DEVIN LAVELLE | DIRECTOR Trustee or director | 0.1 | $0 |
| DAVID LOPEZ | DIRECTOR (THRU 2/25) Trustee or director | 0.1 | $0 |
| LEE RITCHEY | DIRECTOR (THRU 10/24) Trustee or director | 0.1 | $0 |
| RANDY SOLORIO | DIRECTOR (THRU 2/25) Trustee or director | 0.1 | $0 |
| PAM STEWART | DIRECTOR Trustee or director | 0.1 | $0 |
| SCOTT SYPHAX | DIRECTOR Trustee or director | 0.1 | $0 |
| HOLLY TICHE | DIRECTOR Trustee or director | 0.1 | $0 |
| BUD TRAVERS | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2024: 30 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT NELSEN | SAC STATE PRES. (THRU 6/23)/DIR Former | 0.1 | $0 | $447,599 | $62,264 |
| LUKE WOOD | SAC STATE PRES. (AS OF 7/23)/DIR. Trustee or director, Officer | 0.1 | $0 | $429,072 | $73,168 |
| JONATHAN BOWMAN | SAC STATE CFO, DIRECTOR Officer | 0.1 | $0 | $270,169 | $75,123 |
| LISA CARDOZA | PAST EXEC. DIRECTOR (THRU 7/2023) Trustee or director, Officer | 0.1 | $0 | $211,909 | $61,084 |
| SHARON TAKEDA | TEMPORARY EXECUTIVE DIRECTOR Trustee or director, Officer | 0.1 | $0 | $187,510 | $72,605 |
| AJAY SINGH | FACULTY REPRESENTATIVE/DIRECTOR Trustee or director | 0.1 | $0 | $95,483 | $52,297 |
| BERNICE BASS DE MARTINEZ | SAC STATE FACULTY/GOVERNANCE CHAIR Trustee or director, Officer | 0.1 | $0 | $63,318 | $84 |
| CHRISTINE AULT | SAC STATE FACULTY/DIRECTOR Trustee or director | 0.1 | $0 | $53,375 | $0 |
| ALICE PEREZ | BOARD CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RYAN MURPHY | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| GARRY MAISEL | CHAIR, FINANCE COMMITTEE, TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| SUE MCGINTY | BOARD SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| NATALY ANDRADE-DOMINGUEZ | STUDENT REPRESENTATIVE/DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| LORA ANGUAY | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MARGOT BACH | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| FRED BALDINI | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| WALLY BORLAND | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVID BUGATTO | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| SONNEY CHONG | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MARK DROBNY | DIRECTOR (THRU 6/2024) Trustee or director | 0.1 | $0 | $0 | $0 |
| VANESSA GUERRA | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| COLETTE HARRIS-MATHEWS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| DAVID LOPEZ | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| LEE RITCHEY | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| RANDY SOLORIO | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| PAM STEWART | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| SCOTT SYPHAX | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| HOLLY TICHE | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| BUD TRAVERS | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| TINA TREIS | CHAIR, AUDIT COMMITTEE Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT NELSEN | PRESIDENT Trustee or director, Officer | 0.1 | $488,972 | $60,229 |
| JONATHAN BOWMAN | DIRECTOR Trustee or director | 0.1 | $250,491 | $64,917 |
| LISA CARDOZA | EXECUTIVE OFFICER Trustee or director, Officer | 4 | $239,645 | $63,934 |
| AJAY SINGH | FACULTY REPRESENTATIVE Trustee or director | 4 | $86,298 | $46,249 |
| BERNICE BASS DE MARTINEZ | CHAIR, GOVERNANCE COMMITTEE Trustee or director, Officer | 4 | $63,229 | $0 |
| CHRISTINE AULT | DIRECTOR Trustee or director | 0.1 | $39,725 | $0 |
| HOLLY TICHE | CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| ALICE PEREZ | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 |
| GARRY MAISEL | TREASURER Trustee or director, Officer | 0.1 | $0 | $0 |
| SUE MCGINTY | SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 |
| LORA ANGUAY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| MARGOT BACH | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| DAVID BUGATTO | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| SONNEY CHONG | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| DAVID COVIN | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| MARK DROBNY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| VANESSA GUERRA | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| COLLETTE HARRIS-MATHEWS | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| DAVID LOPEZ | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SALMA PACHECO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| LEE RITCHEY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| PAM STEWART | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| SCOTT SYPHAX | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| BUD TRAVERS | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| TINA TREIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6000 J ST, SACRAMENTO, CA 95819-2605
- Principal officer (990 for 2024)
- MICHAEL REZA, 6000 J STREET, SACRAMENTO, CA 958196063
- Signed the 990
- ALICE PEREZ, BOARD CHAIR
- Phone
- (916) 278-7326
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3001359 or by the name UNIVERSITY FOUNDATION AT SACRAMENTO STATE.
- 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
RAISE PRIVATE RESOURCES TO ADVANCE THE MISSION AND PRIORITIES OF THE UNIVERSITY AND SERVE AS AMBASSADORS IN THE COMMUNITY. PROVIDE STEWARDSHIP IN THE PRUDENT INVESTMENT OF RESOURCES AND ENSURE THE INTEGRITY OF THE FOUNDATION THROUGH ACCOUNTABILITY AND TRANSPARENCY.
Program accomplishments
- THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE INVESTS AND DISTRIBUTES FUNDS FOR THE BENEFIT OF THE UNIVERSITY. SINCE ITS INCEPTION IN 1987, THE UNIVERSITY FOUNDATION PROMOTES PHILANTHROPY TO PROVIDE A LEVEL OF EXCELLENCE BEYOND WHAT IS POSSIBLE THROUGH STATE FUNDS. LED BY A VOLUNTEER BOARD OF DIRECTORS COMPRISED OF PROMINENT PROFESSIONALS AND BUSINESS LEADERS, THE UNIVERSITY FOUNDATION IS THE UNIVERSITY'S PRIMARY PHILANTHROPIC AUXILIARY AND IS A TAX EXEMPT 501(C)(3) ORGANIZATION. THE BOARD OF DIRECTORS MEETS REGULARLY TO OFFER GUIDANCE ON INVESTMENTS AND THOROUGHLY MANAGE THE GIFT FUNDS TO ENSURE THAT THEY CAN FULFILL THEIR DESIGNATED PURPOSES. THE FOUNDATION ACCOUNTS FOR GIFTS AND CONTRIBUTIONS TO THE UNIVERSITY, ENSURING THAT THE FUNDS ARE APPLIED TO THE PURPOSES FOR WHICH THE DONOR INTENDED. CONTINUED ON SCHEDULE O.FUNDS MAY BE EXPENDED OR ENDOWED, PER DONOR DIRECTIONS; EARNINGS FROM ENDOWED FUNDS ARE GENERALLY EXPENDABLE AND DISTRIBUTED TO STUDENT SCHOLARSHIPS OR PROGRAMS IN ACCORDANCE WITH SPECIFICATIONS PROVIDED BY THE DONOR. THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE IS DEDICATED TO SUPPORTING STUDENTS TO FURTHER THE UNIVERSITY'S MISSION TO PROVIDE AN EXCELLENT EDUCATION TO THOSE WHO ASPIRE TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL LIVES, CAREERS AND SERVICE TO THEIR COMMUNITY.Expenses $8,175,070 · grants $4,071,880
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
- 94-3001359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $146,251,337
- Income (IRS master file)
- $77,473,553
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $24,059,066 | $9,181,518 | $146,251,337 | XML |
| 990 | June 2024 | $23,413,225 | $7,475,902 | $127,817,878 | IRS |
| 990 | June 2023 | $15,437,193 | $6,730,901 | $109,503,816 | XML |
| 990 | June 2022 | $14,749,605 | $6,899,107 | $93,463,770 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 94-3001359).
Questions about UNIVERSITY FOUNDATION AT SACRAMENTO STATE
- What is the EIN of UNIVERSITY FOUNDATION AT SACRAMENTO STATE?
- The employer identification number (EIN) of UNIVERSITY FOUNDATION AT SACRAMENTO STATE is 94-3001359.
- Is UNIVERSITY FOUNDATION AT SACRAMENTO STATE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to UNIVERSITY FOUNDATION AT SACRAMENTO STATE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY FOUNDATION AT SACRAMENTO STATE 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 FOUNDATION AT SACRAMENTO STATE 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 FOUNDATION AT SACRAMENTO STATE 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 FOUNDATION AT SACRAMENTO STATE?
- The 990 for the year ended June 30, 2025 names MICHAEL REZA.
- Who are the officers and directors of UNIVERSITY FOUNDATION AT SACRAMENTO STATE?
- The 990 for the year ended June 30, 2025 lists 30 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY FOUNDATION AT SACRAMENTO STATE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $24,059,066, expenses of $9,181,518 and total assets of $146,251,337 at year end.
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- FOUNDATION FOR CALIFORNIA COMMUNITY COLLEGES EIN 68-0412350 · last filed 990 for 2025
- HIGHLANDS ADULT & COMMUNITY CHARTER SCHOOL EIN 46-1190967 · last filed 990 for 2025
- UNIVERSITY ENTERPRISES INC EIN 94-1337638 · last filed 990 for 2025
- GATEWAY COMMUNITY CHARTERS EIN 20-0231006 · last filed 990 for 2025
- VISIONS IN EDUCATION EIN 82-4129819 · last filed 990 for 2025
- PACIFIC CHARTER INSTITUTE INC EIN 16-1727094 · last filed 990 for 2025
- REX AND MARGARET FORTUNE SCHOOL OF EDUCATION EIN 94-3187528 · last filed 990 for 2025
- NATOMAS CHARTER SCHOOL EIN 68-0452992 · last filed 990 for 2025