UNIVERSITY ENTERPRISES INC

EIN: 941337638 501(c)(3) Education

SACRAMENTO, CA

Total Revenue
$145,359,200
Total Expenses
$142,753,730
Total Assets
$287,925,031
Net Assets
$60,422,063
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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
CA
Principal Officer
STEPHEN MCCARTHY
Phone
9162786672
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY ENTERPRISES INC, founded in 1951, is a major nonprofit in the Education sector that reported $145.4M in total revenue in fiscal year 2024.

Mission

UNIVERSITY ENTERPRISES, INC.'S (UEI) MISSION IS TO PROVIDE PROGRAMS AND SERVICES THAT ENRICH THE SACRAMENTO STATE EXPERIENCE AND SUPPORT THE EVOLVING NEEDS OF THE UNIVERSITY COMMUNITY. UEI ADMINISTERS MORE THAN 500 RESEARCH GRANTS, CONTRACTS, AND SPONSORED PROGRAMS CONDUCTED THROUGH THE UNIVERSITY IN PARTNERSHIP WITH STATE AND FEDERAL AGENCIES AND RESOURCE PROGRAMS IN SUPPORT OF THE UNIVERSITY. UEI ALSO ADMINISTERS FOOD SERVICE, PROPERTY SERVICES AND BOOKSTORE OPERATIONS ON CAMPUS.

Program Service Accomplishments

Program 1
Expenses: $135,941,644 Revenue: $48,706,537

FEDERALLY FUNDED PROGRAMS:- US DEPARTMENT OF EDUCATION FUNDING SUPPORTS A VARIETY OF PROJECTS BENEFITTING SACRAMENTO STATE STUDENTS INCLUDING THE INSTITUTIONAL NETWORKS FOR (STUDENT) SUCCESS (PEER)...

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FEDERALLY FUNDED PROGRAMS:- US DEPARTMENT OF EDUCATION FUNDING SUPPORTS A VARIETY OF PROJECTS BENEFITTING SACRAMENTO STATE STUDENTS INCLUDING THE INSTITUTIONAL NETWORKS FOR (STUDENT) SUCCESS (PEER) PROGRAMS AND INSTRUCTIONAL REDESIGN EFFORTS (INSPIRE) PROJECT WHICH SEEKS TO INCREASE THE NUMBER OF GRADUATES FROM UNDERSERVED POPULATIONS; THE CHILD CARE ACCESS MEANS PARENTS IN SCHOOLS (CCAMPIS) PROGRAM WHICH SUPPORTS OUT-OF-POCKET CHILDCARE EXPENSES FOR STUDENTS, AND THE ASIAN AMERICAN NATIVE AMERICAN PACIFIC ISLANDER (AANAPISI) FUNDING WHICH FUNDS ASSISTANCE AND SERVICES TO STUDENTS AND LOW INCOME INDIVIDUALS.- NATIONAL SCIENCE FOUNDATION FUNDING SUPPORTS TECHNOLOGY AND SCIENTIFIC RELATED RESEARCH AND EDUCATIONAL PROJECTS. FOR EXAMPLE, THE "LEAPS-MPS: UNVEILING THE ROLE OF A GALAXY'S STRUCTURE WITH BESPOKE NUMERICAL MODELS" PROJECT, WHICH INVESTIGATES THE DEGREE TO WHICH A GALAXY'S STRUCTURE AND DYNAMICS ARE A CONTROLLING FACTOR IN REGULATING STAR FORMING ACTIVITY, AND "PROJECT SOAR," WHICH AIMS TO IMPROVE STUDENTS' ACADEMIC PERFORMANCE IN ONLINE STEM COURSES THROUGH COURSE REDESIGN.- FUNDING FROM THE ENVIRONMENTAL PROTECTION AGENCY SUPPORTS THE OPERATIONS OF THE REGION 9 ENVIRONMENTAL FINANCE CENTER (EFC) AT SACRAMENTO STATE. THE EFC IS OPERATED BY SAC STATE'S OFFICE OF WATER PROGRAMS WITH THE GOAL OF PROVIDING ENVIRONMENTAL SERVICES TO REGION 9 COMMUNITIES.- GRANTS FROM THE NATIONAL INSTITUTE OF GENERAL MEDICAL SCIENCES SUPPORT BASIC RESEARCH, INCLUDING RESEARCH ON ANTI-HIV MICROBICIDE AGENTS, AND RESEARCH TRAINING ACTIVITIES FOR STUDENTS FROM GROUPS UNDERREPRESENTED IN THE BIOMEDICAL SCIENCES.- A COLLABORATION WITH THE U.S. GEOLOGICAL SURVEY TO DEVELOP SUMMARIES OF OIL AND GAS WELL LOGS FROM PUBLICLY AVAILABLE WELL LOGS TO ASSIST IN THE DEVELOPMENT OF CONCEPTUAL MODELS OF HYDROGEOLOGIC SYSTEMS AND IDENTIFY THE POTENTIAL LOCATION OF TRANSPORT PATHWAYS.STATE & LOCALLY FUNDED PROGRAMS:- FUNDING PROVIDED FOR THE EMPLOYMENT OF STUDENTS WITHIN STATE AGENCIES AND LOCAL GOVERNMENTS FOR THE PURPOSE OF FURTHERING THE STUDENTS' AREA OF STUDY AND PROVIDING THEM WITH VALUABLE ON-THE-JOB TRAINING.- CONTRACT SERVICES PROVIDED BY SACRAMENTO STATE FACULTY TO THE STATE OF CALIFORNIA AND LOCAL GOVERNMENT AGENCIES SUCH AS ASSESSMENT SURVEYS AND STUDIES, APPLIANCE TESTING, AND PROFESSIONAL DEVELOPMENT FOR SCHOOL TEACHERS.- IN COLLABORATION WITH THE STATE WATER RESOURCES CONTROL BOARD, THE OFFICE OF WATER PROGRAMS PROVIDES TECHNICAL, MANAGEMENT, AND FINANCIAL SERVICES TO SMALL DISADVANTAGED COMMUNITIES IN CALIFORNIA TO RETROFIT OR REPLACE A DRINKING WATER SYSTEM.OTHER EXTERNALLY FUNDED PROGRAMS:- UNIVERSITY ENTERPRISES, INC'S PROGRAM SERVICES BENEFITS MORE THAN 33,300 FACULTY, STAFF, AND STUDENTS OF SACRAMENTO STATE AS WELL AS THE GENERAL POPULACE.- DEVELOP AND IMPLEMENT PROGRAMS AND PUBLISH TRAINING MATERIALS FOR OPERATORS OF WATER TREATMENT PLANTS, WATER DISTRIBUTION SYSTEMS, WASTEWATER COLLECTION SYSTEMS, AND MUNICIPAL AND INDUSTRIAL WASTEWATER TREATMENT AND RECLAMATION FACILITIES.- THE INSTITUTE FOR SOCIAL RESEARCH RECEIVES STATE OF CALIFORNIA, LOCAL GOVERNMENT, AND NON-PROFIT FUNDING FOR CUSTOMIZED PROJECTS INCLUDING COMMUNITY LISTENING SESSIONS, TECHNICAL SUPPORT, PROGRAM/POLICY EVALUATION, AND SURVEY RESEARCH SERVICES.- THE TITLE IV-E STIPEND PROGRAM PREPARES BOTH MSW AND BSW STUDENTS FOR SOCIAL WORK CAREERS IN PUBLIC CHILD WELFARE SERVICES AND OFFERS STIPENDS AND REIMBURSEMENT SUPPORT FOR TUITION, FEES, AND BOOKS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $80,289,063
Program Service Revenue $48,494,475
Investment Income $3,681,485
Other Revenue $12,894,177
TOTAL REVENUE $145,359,200

Expense Breakdown

Grants Paid $6,760,105
Salaries & Benefits $71,798,823
Fundraising Expenses $0
Program Expenses $135,941,644
Other Expenses $64,194,802
TOTAL EXPENSES $142,753,730

Year-over-Year Comparison

2024 2023 Change
Revenue $145,359,200 $136,268,718 +0.1%
Expenses $142,753,730 $130,268,336 +0.1%
Net Income $2,605,470 $6,000,382 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
8
Employees
3601
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$1,717,286
Total Directors
14
$1,535,905
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS NEVAREZ DIRECTOR 0.26
Director
$0 $118,931 $413,464
MARK WHEELER CHAIR 0.24
Officer Director
$0 $74,162 $349,012
MACHELLE MARTIN DIRECTOR 0.35
Director
$0 $76,763 $307,586
ROSLYN ROBERTS DIRECTOR 0.29
Director
$0 $79,423 $282,242
FRANZISKA M RENZ DIRECTOR 0.26
Director
$0 $47,683 $182,162
NATALY ANDRADE-DOMINQUEZ STUDENT REPRESENTATIVE 0.22
Director
$0 $0 $1,439
BINDU JADURAM VICE CHAIR 1.00
Officer Director
$0 $0 $0
MARCO RODRIGUEZ SECRETARY AND TREASURER 1.00
Officer Director
$0 $0 $0
JERRY AZEVEDO DIRECTOR 1.00
Director
$0 $0 $0
JAMES CHEUNG DIRECTOR 1.00
Director
$0 $0 $0
GABRIEL CONEJO GALLEGOS DIRECTOR / STUDENT REPRESENTATIVE 0.29
Director
$0 $0 $0
NICHOLAS HASTINGS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL LYNCH THRU 425 DIRECTOR 1.00
Director
$0 $0 $0
LAUREN OTO DIRECTOR 1.00
Director
$0 $0 $0
JOHN MELIKIAN EXECUTIVE DIRECTOR, UEI 40.00
Officer
$171,463 $69,065 $240,528
TRINA KNIGHT THRU 1124 DIRECTOR, HUMAN RESOURCES 40.00
Officer
$158,826 $77,736 $236,562
TERRI STEVENS DIRECTOR, FINANCE/CFO 40.00
Officer
$171,741 $61,260 $233,001
MONICA KAUPPINEN DIRECTOR, SPONSORED PROGRAMS 40.00
Officer
$163,943 $66,394 $230,337
KEOHIOKALANI GRIFFITH DIRECTOR, REAL ESTATE SERVICES 40.00
Officer
$143,344 $70,845 $214,189
ANGELA BARRETT-RADER DIRECTOR, RETAIL AND MARKETING 40.00
Officer
$142,501 $53,940 $196,441
ERICA BIAGI DIRECTOR, HUMAN RESOURCES 41.00
Officer
$11,908 $5,308 $17,216
WILLIAM OLMSTED EXECUTIVE DIRECTOR, UNION-WELL 40.00
Highest
$177,845 $85,782 $263,627
RANDALL MARX STAFF RESEARCH ENGINEER IV 40.00
Highest
$172,901 $63,717 $236,618
BRIAN CURRIER STAFF RESEARCH ENGINEER IV 40.00
Highest
$175,392 $59,302 $234,694
KEVIN MURPHY ASSOCIATE DIRECTOR, RESEARCH 40.00
Highest
$141,396 $83,451 $224,847
MAUREEN KERNER STAFF RESEARCH ENG. IV/ ASS. DIR. 40.00
Highest
$115,609 $75,630 $191,239
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $145,359,200 $142,753,730 $287,925,031 $2,605,470
2024 $136,268,718 $130,268,336 $305,117,835 $6,000,382
2023 $115,167,090 $112,436,674 $291,821,752 $2,730,416
2022 $102,624,210 $98,775,539 $283,649,336 $3,848,671
2021 $100,716,248 $89,223,782 $169,885,681 $11,492,466
2020 $99,291,560 $102,194,179 $150,298,368 $-2,902,619
2019 $101,577,933 $103,220,246 $156,098,614 $-1,642,313
2018 $97,541,599 $96,902,816 $156,216,216 $638,783
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