↑ parent cluster · ·
research dossier →

CAL POLY POMONA FOUNDATION INC

POMONA, CA · EIN 952417645 · Form 990 · FY2021 · NTEE B110 · Education · Very Large (>$50M) · www.foundation.cpp.edu
revenue
$62.8M
expenses
$53.7M
net assets
$45.3M
employees
1,490
volunteers
100
program ratio
81%
mission · from form 990

TO PRIMARILY SUPPORT, PROMOTE AND ASSIST THE EDUCATIONAL PROGRAMS AT CSP UNIVERSITY, POMONA.

profile · synthesized from sources

Cal Poly Pomona Foundation Inc. (operating as Cal Poly Pomona Enterprises) is an auxiliary organization of California State Polytechnic University, Pomona. It manages various campus services and programs, including dining, bookstore operations, and research administration, to support the educational mission of the university.

irs program accomplishments · form 990 part iii · fy2021

what they reported doing

Program narrative the organization filed with the IRS. Ordered by program spending.

  1. #1 primary $3.74M
    STUDENT HOUSING - THE VILLAGE OFFERS VALUABLE, WELL-MAINTAINED, AND FURNISHED ACCOMMODATIONS FOR OVER 1,200 CAL POLY POMONA STUDENTS EACH YEAR. BY FOCUSING ON INTERPERSONAL RELATIONSHIPS WITH ITS RESIDENTS, HOUSING SERVICES STRIVES TO CREATE A SAFE, RESPECTFUL AND INCLUSIVE COMMUNITY. STUDENTS ENGAGE WITH A SUPPORTIVE STAFF AND DYNAMIC ENVIRONMENT THAT CONTINUALLY WORKS TO ADAPT TO RESIDENT NEEDS. THE UNIVERSITY VILLAGE PRIDES ITSELF ON ADVANCING STUDENT SUCCESS THROUGH A HOLISTIC, CO-CURRICULAR EDUCATION, AND STUDENT EMPLOYMENT OPPORTUNITIES.
  2. #2 $2.11M
    BRONCO BOOKSTORE - OFFERS THE ACADEMIC COMMUNITY ALL OF THE COURSE MATERIALS, SUPPLIES, TECHNOLOGY, SPIRIT GEAR, AND TOOLS NECESSARY FOR A SUCCESSFUL UNIVERSITY EXPERIENCE. ITS MISSION IS TO PROVIDE THESE GOODS, AND SERVICES IN THE MOST AFFORDABLE AND CONVENIENT MANNER POSSIBLE. THE BRONCO BOOKSTORE ALSO SUPPORTS FACULTY EFFORTS TO IDENTIFY THE COURSE MATERIALS THAT ARE MOST ADVANTAGEOUS FOR STUDENT LEARNING AND COMPLETION. STAFF TAKE PRIDE IN DEVELOPING STUDENT EMPLOYEES WITH CO-CURRICULAR EXPERIENCES THAT ENHANCE THEIR CLASSROOM LEARNING.
named programs · 10 · from sources

what they call their work

Agriculture
Supports agricultural programs and activities.
Agriculture Operations
Supports agricultural programs and operations affiliated with Cal Poly Pomona's College of Agriculture
Bronco Bookstore
Operates the campus bookstore providing textbooks, apparel, and supplies to students and the university community
Food Services
Manages food service operations on the Cal Poly Pomona campus
Pepsi Scholarship
Administers a scholarship program.
Research Administration
Provides administrative support for research activities at Cal Poly Pomona University.
Research Support Services
Provides administrative and operational support for sponsored research programs at Cal Poly Pomona
Tech Park
Manages the university's technology park.
Technology Park
Manages a technology park that supports innovation and collaboration between the university and industry partners
University Village
Provides housing and residential services for students, faculty, and staff through university-owned housing units
activities · 4 clusters

what they do

  • Targeted Educational Scholarships 2 activities
    • Contribute financially to student success and campus initiatives
      Contributes over $1 million annually to Cal Poly Pomona for student success and campus initiatives, including annual contributions of surplus funds for use at the University's discretion.
    • Support scholarship and campus programs
      Provides annual operating support to nearly 1,100 scholarship and campus programs, including the CPPE Scholarship, Bronco Athletics, and the Norman J. Priest Scholarship.
  • Employment Placement & Career Advancement 1 activity
    • Employ student workforce
      Employs approximately 1,500 Cal Poly Pomona students annually, providing hands-on training and work experience through its operations.
  • Acquisition and Rehabilitation of Affordable Housing 1 activity
    • Own and operate student housing
      Acquired The Current, a 177-unit, 636-bed student housing community near campus, to support student housing needs.
  • Uncategorized 7 activities
    • Conduct governance and oversight activities
      Holds regular Board of Directors and committee meetings—including Executive, Audit, Finance & Investment, Personnel, and Program Committees—with published agendas and meeting packets available online dating back to February 2021.
    • Contribute financially to the university
      Contributes over $1 million annually to Cal Poly Pomona for student success and campus initiatives, including annual surplus funds directed to the University for discretionary use.
    • Develop and manage student housing
      Acquired and operates The Current, a 177-unit, 636-bed student housing community near the Cal Poly Pomona campus.
    • Employ student workforce
      Employs approximately 1,500 Cal Poly Pomona students annually, providing them with hands-on training and work experience through its operations.
    • Host campus-related events
      Hosts events related to campus initiatives, such as the 10-year anniversary celebration for Innovation Brew Works.
    • Operate under alternative names
      Operates under the name Cal Poly Pomona Enterprises and is also known as the Cal Poly Pomona Foundation.
    • Support scholarship and campus programs
      Provides annual operating support to nearly 1,100 scholarship and campus programs at Cal Poly Pomona, including the CPPE Scholarship, Bronco Athletics, and the Norman J. Priest Scholarship.
financials · form 990 · fy2021

the money

revenue
Total revenue$62.84M
Contributions & grants$18.44M29%
Program service revenue$25.82M41%
Investment income$1.16M2%
Other revenue$17.42M
expenses
Total expenses$53.67M
Program expenses81%
Admin / overhead19%
Fundraising0%
Salaries & benefits$24.04M
Grants paid out$4.31M
Largest expense lineCompensation
balance sheet
Total assets$190.79M
Cash$3.63M
Investments$27.77M
Liabilities$145.46M
Net assets$45.33M
Liquid reserves7.0 mo
3 years on record · 2019–2021 · YoY revenue +70.6%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 18
NameTitleHours/wkCompensation
SORAYA COLEY CHAIRMAN 1 $525K
JOHN MCGUTHRY DESIGNATED DIRECTOR 1 $364K
CHRISTINA GONZALES DESIGNATED DIRECTOR 1 $328K
DANIEL MONTPLAISIR DESIGNATED DIRECTOR 1 $304K
MARTIN F SANCHO-MADRIZ SECRETARY/TREASURER 1 $282K
JARED CEJA EXECUTIVE DIRECTOR/CEO 40 $245K
PHYLLIS NELSON FACULTY DIRECTOR 1 $234K
YSABEL TRINIDAD VICE-CHAIR 1 $189K
HOMEYRA SADAGHIANI FACULTY DIRECTOR 1 $183K
AARON NIELSEN DIRECTOR OF DINING 40 $180K
JOANNE MATHEW DIRECTOR OF FINANCIAL SERV 40 $174K
NICHOLAS VAN GLAHN DESIGNATED DIRECTOR 1 $171K
RICARDO QUINTERO SENIOR DIRECTOR, PRE-COLLEGE PROGRAMS 40 $157K
CLINT AASE DIRECTOR OF BOOKSTORE 40 $141K
DAVID LAXAMANA DIRECTOR OF UNIVERSITY VILLAGE 40 $137K
STEPHANIE PASTOR DESIGNATED DIRECTOR 1 $105K
DEBORAH GOMAN STAFF DIRECTOR 1 $96K
APRIL JIMENEZ-VALDEZ STAFF DIRECTOR 1 $90K
board members · 7
  • ALIZA ORTEGA — STUDENT DIRECTOR
  • CYNTHIA NELSON — COMMUNITY DIRECTOR
  • DANIEL FONCELLO — STUDENT DIRECTOR
  • DAVID SPEAK — AT LARGE DIRECTOR
  • ERICA FRAUSTO — AT LARGE DIRECTOR
  • JENNIFER BROWN -START 2022 — DESIGNATED DIRECTOR
  • LOWELL OVERTON — MEMBER AT LARGE
relationships · 6

who they work with

  • Cal Poly Pomona Government — Entity is part of or affiliated with the Cal Poly Pomona campus, operating under its administrative structure.
  • Cal Poly Pomona Government — Operates as an auxiliary of the California State University system and is integral to Cal Poly Pomona's educational mission.
  • Cal Poly Pomona Partner — Operates as an auxiliary organization of Cal Poly Pomona, supporting university programs and student success.
  • Cal Poly Pomona Partner — Provides post-award administration and returns surplus funds to support the University's educational mission.
  • California State University Partner — Operating Agreement Between CSU And CPPF - Executed Agreement No. 600
  • Innovation Brew Works Partner — Operates an award-winning brewery as part of campus enterprise programming.