Student Union Corporation of the University of Kansas Medical Center

Nonprofit profile at a glance

EIN
480581966
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Kansas City, KS, USA
Phone
9135881443
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$100,144
Expenses
$100,136
Assets
$198,826
Liabilities
$16,719

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • ROBERT KLEIN (PRESIDENT)
  • RYAN GOVE (VICE PRESIDENT)

Highest reported compensation

  • ROBERT KLEIN (PRESIDENT): $462,967 total reported compensation
  • PAM SHAW (DIRECTOR): $271,994 total reported compensation
  • CALLIE RAUSCHELBACH (TREASURER): $140,807 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The student union corporation operates as a non-profit service organization in and for the interest of all duly enrolled students, faculty, and administrative staff on the Kansas city campus of the university of Kansas.

What it reported doing in 2024

The student union corporation operates as a non-profit service organization in and for the interest of all duly enrolled students, faculty, and administrative staff on the Kansas city campus of the university of Kansas. The corporation provides goods and services to meet the physical, social, cultural and academic needs of the students, faculty, staff, alumni, friends and visitors on a basis consistent with the mission of the medical center and the university of Kansas. Vending machines and atms are provided for the convenience of students, faculty, and administrative staff. The organization signed a third-party contract with a related party, the university of Kansas memorial corporation, to operate the bookstores on the campuses of the university of Kansas medical center. The parties entered into a renewed lease of five years, effective date of september 1, 2016. The university of Kansas memorial corporation pays the organization a minimum annual commission of $22,800, payable in monthly installments. Additional commissions will commence if sales exceed $1,250,000. Effective august 1, 2018, the minimum amount was revised to $16,815 due to the closing of the wichita bookstore.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 71
  • Accountability: 49
  • Sustainability: 39
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.7%; rating input score 87
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 69.2%; rating input score 69; 19th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.99; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 260.3%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -6.4% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -13.4% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 86.7% of revenue deployed · 86.6% of spending went to programs
  • Governance: 9 of 13 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $87K in reported program spending
  • Leadership: top reported pay $463K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 8 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 7 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.