University Union Operation of California State University Sacramento

What it reported doing in 2024

The facilities of university union operation of California state university, sacramento inc. (union well, inc.), the university union and the well, are community centers for the university. The university union and the well uses their facilities, programs, and services to support community engagement and the vital role community engagement plays in teaching and learning at sacramento state. The university union serves all members, which includes the student body, faculty, administration staff, alumni and guests. The well services the entire campus community and a limited population of non-campus community members via a membership program. They are more than just buildings. They also provide services and programs which together represent a well-considered plan for community life at the university. Both facilities provide services, conveniences and amenities to its members in their daily life on the campus while providing an environment in which its members can get to know and understand one another through informal association outside the classroom. The university union and the well are a valuable part of the educational program of the campus. The university union and the well's intent is to integrate free-time activities with education. Their programs train students for social and leadership responsibilities by providing opportunities for experience in group activities, democratic procedures, and leadership. They also provide cultural, social, recreational, and wellness programs. They encourage activities which give maximum opportunity for self-realization and personal growth. The university union and the wellsupport the view that what a student does educationally in the hours outside the classroom is of major importance and that they can assist in giving an additional dimension to education; vastly expanding the time and the means through which the univeristy educates.additionally, the university union and the well provide programming opportunities that engage the regional community, and most importantly, students of all ages, and expose them to the campus with events such as concerts, exhibits, symposiums, lectures, fun runs, sober grad nights, proms, leadership training and film series. Through its services, programs, and facilities, the university union and the well intend to serve as a unifying force in the educational life at the university and commit to engaging the community by building enduring partnerships to strengthen and enrich the region and promote a strong university identity.

Financial Efficiency

• Mission deployment rate: 62%; rating input score 62
• Program expense ratio: 76.8%; rating input score 77
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 13.2%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 1.64; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 2.4%; rating input score 73; 73rd percentile among comparable filings

Growth

• Program expense growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
• Asset growth: 8.1% per year; rating input score 100; 55th percentile among comparable filings