Student Union of San Jose State University
Nonprofit profile at a glance
- EIN
- 942830732
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- San Jose, CA, USA
- Phone
- 4089246350
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Services, Organizations of Students
Reported finances
- Revenue
- $16,027,926
- Expenses
- $15,423,462
- Assets
- $9,965,057
- Liabilities
- $2,487,237
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- JON TUCKER (EXECUTIVE DIRECTOR (AS OF 03/25))
- TAMSEN BURKE (EXECUTIVE DIRECTOR (UNTIL 9/24))
- TIM BANKS (ASSOCIATE EXECUTIVE DIRECTOR)
Highest reported compensation
- MARI FUENTES-MARTIN EDD (DIRECTOR): $348,168 total reported compensation
- MAUREEN PASAG (DIRECTOR (AS OF 01/25)): $281,588 total reported compensation
- SARA BONAKDAR (DIRECTOR (UNTIL 01/25)): $252,062 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 of san jose state university (the "student union") is an auxiliary organization in the California state university ("csu") system. The purposes of the student union are to provide cultural, educational, social and recreational services to the san jose state university (the "university") campus community, and to manage and operate the renovated student union building, the event center arena, and the spartan recreation and aquatic center.
What it reported doing in 2024
The student union is a California state university auxiliary organization that manages and maintains three major facilities at the san jose state university campus. The facilities include the student union building, the recreation and aquatic center, and the event center arena. Students interact with the student union on a daily basis, either through the use of facilities or participation in sponsored events or a student union program.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 71
- Accountability: 68
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.6%; rating input score 69
- Program expense ratio: 72.6%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 46.2%; rating input score 46; 8th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 3.8%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 8.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 12th percentile among comparable filings
Details
- Where the money goes: 68.6% of revenue deployed · 72.6% of spending went to programs
- Governance: 6 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.2M in reported program spending
- Leadership: top reported pay $348K · 23 people listed · 2 of 6 pay-setting controls reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 5 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Independent voting board scored 46/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.