Chico State Enterprises FY2021 filing

Tax-deductible

Chico, CA501(c)(3)Since 1997EducationEIN 68-0386518Revenue $46.9M in FY2021

On file with the IRScsuchico.edu/cse25 Main St Unit 203, 95928-5388 · Chico, CATax-exempt since Apr 1997Supporting organization — 509(a)(3)

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To promote and assist the educational and public service functions of CSU, Chico by administering grants, farm operations, and other activities.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$706K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $256K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$706K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14.2M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 17 voting members
Worth a look: 5 of 17 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$46.9M
+11% vs prior year
Spent
$46.6M
To programs
83%
Net assets
$32.9M
By yearFY2020–FY2025
Revenue
$46.9M
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$42.3M
FY2021$46.9M
FY2022$54.3M
FY2023$59.6M
FY2024$76.9M
FY2025$84.4M
Expenses
$46.6M
FY2021▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$42.6M
FY2021$46.6M
FY2022$52.8M
FY2023$60.4M
FY2024$78.4M
FY2025$82.1M
Net assets
$32.9M
FY2021▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$30.9M
FY2021$32.9M
FY2022$31.6M
FY2023$31.6M
FY2024$30.2M
FY2025$31.9M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $38.8M Management & general 17% · $7.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990; $706K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary/CEO
$180,100Pt VII · Sec A
Director Finance and Accounting
$146,964Pt VII · Sec A
Director Sponsored Programs Administration
$129,662Pt VII · Sec A
Director, Geographical Information Center
$128,805Pt VII · Sec A
Director Human Resources
$120,773Pt VII · Sec A
Board Member/Csu, Chico Faculty
$0Pt VII · Sec A
Board Member/Community Member
$0Pt VII · Sec A
Board Member/Csu, Chico
$0Pt VII · Sec A

Mary Sidney’s $254K as Board Secretary, Cse CEO is at the 54th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mary Sidney$254,316$223,851$216,453$195,857$180,100$37,276
Jason Schwenkler$192,069$144,579$142,785$135,434$128,805$166,065
Vance Kelly$179,792$148,953$152,967$135,424$146,964—
Russell Wittmeier$172,204$150,083$141,998$134,804$120,773$112,572
Michele Flowerdew$164,130$159,078$146,290$129,103$129,662$104,602
Kristin Gruneisen$154,651$150,769$144,105$127,357——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports CSU, Chico's educational and public service goals.

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Provided by the organization

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3 programs · $38.8M · in their own filed words · FY2020
01

The generation and administration of over 250 externally funded teaching, research and service projects from federal, state, and private sources (contracts and grants) each year. The majority of these "sponsored programs" provide educational opportunities for students as well.

$36.1Mprogram expense
02

Campus programs operate to support the mission of chico state enterprises and support csu, chico. These programs include non-credit bearing regional and continuing education activities, and university performances which provide benefits to both campus and the community.

$2.2Mprogram expense
03

Administrative support is provided to all programs operating through chico state enterprises. These programs provide educational opportunities and income in support of the academic program. Administrative support is also given to the university foundation, which handles all philanthropic funds for csu, chico.

$544Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$15K
Grants paid · 18 grants · $21.2M · 2019–2024
Unitemized GrantFY2024$5,438,258
California State University ChicoFY2024$265,228
Unitemized GrantFY2024$15,575
Unitemized GrantFY2023$5,130,359
California State University ChicoFY2023$219,940
Unitemized GrantFY2023$13,600
Unitemized GrantFY2022$3,362,386
California State University ChicoFY2022$273,841
Unitemized GrantFY2022$10,912
Unitemized GrantFY2021$2,739,992
California State University ChicoFY2021$258,685
Unitemized GrantFY2021$32,900
Unitemized GrantFY2020$2,086,702
California State University ChicoFY2020$123,890
Unitemized GrantFY2020$31,525
Unitemized GrantFY2019$1,069,781
California State University ChicoFY2019$152,025
Unitemized GrantFY2019$16,716

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$46.9M
Ln 12
Gifts and grantsLn 1h$38.2M
Fees for servicesLn 2g$5.5M
Other incomeLn 4–11$2.0M
Money outPt IX
$46.6M
Ln 25
Programscol B$38.8M
Managementcol C$7.8M
Owns and owesPt X
$32.9M
net assets · Ln 32
Cash and savingsLn 1–2$11.3M
Total assetsLn 16$47.2M
LiabilitiesLn 26$14.2M
PeoplePt VI, VII
22
listed · VII A
PaidVII A5
Voting boardVI 1a17
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$38.2M
Government grantsLn 1e$36.5M
Noncash giftsLn 1g$12K
Fees for servicesLn 2g$5.5M
Investment incomeLn 3$1.2M
Other incomeLn 4–11$2.0M
Gains on assetsLn 7−$26K
Total revenueLn 12$46.9M
Assets in detailPt X, end of year
CashLn 1$11.1M
SavingsLn 2$255K
Cash and savings togetherLn 1–2$11.3M
InvestmentsLn 11–13$13.3M
Land, buildings, equipmentLn 10c$9.7M
Other assetsLn 15$2.7M
Total assetsLn 16$47.2M
LiabilitiesLn 26$14.2M
Net assetsLn 32$32.9M
OperationsPt I, VI
EmployeesI 51,664
VolunteersI 6250
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$8.9M$11.3M
InvestmentsLn 11–13$9.9M$13.3M
Land, buildings, equipmentLn 10c$10.5M$9.7M
Total assetsLn 16$42.9M$47.2M
LiabilitiesLn 26$11.9M$14.2M
Net assetsLn 32$30.9M$32.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$124K$124K
Grants to domestic individualsLn 2$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$192K$0$192K$0
Other salaries and wagesLn 7$17.9M$14.1M$3.8M
Pension plan contributionsLn 8$624K$486K$138K
Other employee benefitsLn 9$2.2M$1.7M$486K
Payroll taxesLn 10$1.1M$895K$255K
Legal feesLn 11b$34K$10K$25K
Accounting feesLn 11c$107K$9K$98K
Investment management feesLn 11f$200K$200K
Other fees for servicesLn 11g$14.5M$13.6M$811K$0
Advertising and promotionLn 12$223K$219K$4K
Office expensesLn 13$551K$403K$149K
Information technologyLn 14$369K$350K$19K
OccupancyLn 16$160K$160K
TravelLn 17$258K$256K$2K
Conferences, conventions and meetingsLn 19$69K$63K$7K
InterestLn 20$73K$73K
Payments to affiliatesLn 21$822K$368K$454K
Depreciation, depletion and amortizationLn 22$1.2M$565K$675K
InsuranceLn 23$251K$22K$229K
Other expenses (24a–d)Ln 24$3.0M$3.0M$26K
All other expensesLn 24e$416K$326K$90K$0
Total functional expensesLn 25$46.6M$38.8M$7.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $84.4M$82.1M$2.3M$31.9M 990 PDF
FY2024 $76.9M$78.4M−$1.5M$30.2M 990 PDF
FY2023 $59.6M$60.4M−$815K$31.6M 990 PDF
FY2022 $54.3M$52.8M$1.5M$31.6M 990 PDF
FY2021 Viewing $46.9M$46.6M$293K$32.9M 990 PDF
FY2020 $42.3M$42.6M−$253K$30.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $46,861,327 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $34,786,585$38,172,211
I-9 Program service revenuePrior year $5,879,750$5,465,281
I-10 Investment incomePrior year $157,811$1,233,364
I-11 Other revenuePrior year $1,489,325$1,990,471
I-12 Total revenuePrior year $42,313,471$46,861,327
I-13 Grants and similar amounts paidPrior year $1,641,028$2,242,117
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $21,758,892$22,113,950
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $19,166,815$22,212,525
I-18 Total expensesPrior year $42,566,735$46,568,592
I-19 Revenue less expensesPrior year −$253,264$292,735
Part VI · Governance 5 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $46,861,327 across 11 lines filed
Lines not itemized here account for $1,888,237 of total revenue; see the IRS return.
VIII-1d Related organizations$1,176,669
VIII-1e Government grants$36,452,486
VIII-1f All other contributions, gifts and grants$543,056
VIII-1g Noncash contributions (included above)$12,151
VIII-1h Total contributions, gifts and grants$38,172,211
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,465,281$5,465,281
VIII-3 Investment incomeExcluded from tax $1,259,465$1,259,465
VIII-5 RoyaltiesExcluded from tax $42,627$42,627
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$26,101−$26,101
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $59,607$59,607
VIII-12 Total revenueRelated to mission $5,465,281 · Unrelated business $59,607 · Excluded from tax $3,164,228$46,861,327
Part IX · Statement of functional expenses $46,568,592 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $123,890$123,890
IX-2 Grants to domestic individualsPrograms $2,118,227$2,118,227
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $192,045 · Fundraising $0$192,045
IX-7 Other salaries and wagesPrograms $14,082,610 · Management $3,829,384$17,911,994
IX-8 Pension plan contributionsPrograms $486,101 · Management $138,399$624,500
IX-9 Other employee benefitsPrograms $1,749,687 · Management $486,211$2,235,898
IX-10 Payroll taxesPrograms $894,763 · Management $254,750$1,149,513
IX-11b Legal feesPrograms $9,653 · Management $24,788$34,441
IX-11c Accounting feesPrograms $9,000 · Management $97,985$106,985
IX-11f Investment management feesManagement $200,053$200,053
IX-11g Other fees for servicesPrograms $13,640,466 · Management $811,093 · Fundraising $0$14,451,559
IX-12 Advertising and promotionPrograms $218,878 · Management $4,302$223,180
IX-13 Office expensesPrograms $402,666 · Management $148,748$551,414
IX-14 Information technologyPrograms $350,157 · Management $18,970$369,127
IX-16 OccupancyPrograms $160,189$160,189
IX-17 TravelPrograms $256,278 · Management $2,136$258,414
IX-19 Conferences, conventions and meetingsPrograms $62,524 · Management $6,733$69,257
IX-20 InterestManagement $73,025$73,025
IX-21 Payments to affiliatesPrograms $367,613 · Management $454,064$821,677
IX-22 Depreciation, depletion and amortizationPrograms $565,291 · Management $674,782$1,240,073
IX-23 InsurancePrograms $21,860 · Management $229,029$250,889
IX-24 Other expenses (24a–d)Programs $2,959,911 · Management $26,373$2,986,284
IX-24e All other expensesPrograms $325,711 · Management $90,247 · Fundraising $0$415,958
IX-25 Total functional expensesPrograms $38,805,475 · Management $7,763,117 · Fundraising $0$46,568,592
Part X · Balance sheet $47,170,077 assets, 16 lines filed
Asset lines not itemized here account for $711,006; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $8,140,631$11,058,611
X-2 Savings and temporary cash investmentsStart of year $756,307$254,587
X-4 Accounts receivableStart of year $9,927,109$9,158,576
X-8 Inventories for sale or useStart of year $135,491$157,363
X-9 Prepaid expenses and deferred chargesStart of year $136,129$118,190
X-10c Land, buildings and equipment, netStart of year $10,504,556$9,745,075
X-11 Publicly traded securitiesStart of year $7,836,863$11,546,299
X-12 Other securitiesStart of year $2,023,706$1,758,274
X-15 Other assetsStart of year $2,857,199$2,662,096
X-16 Total assetsStart of year $42,864,407$47,170,077
X-17 Accounts payable and accrued expensesStart of year $4,666,618$6,152,090
X-19 Deferred revenueStart of year $2,753,906$3,650,201
X-25 Other liabilitiesStart of year $4,495,598$4,418,629
X-26 Total liabilitiesStart of year $11,916,122$14,220,920
X-32 Total net assets or fund balancesStart of year $30,948,285$32,949,157
X-33 Total liabilities and net assetsStart of year $42,864,407$47,170,077
Part XI · Reconciliation of net assets $32,949,157 net assets at year end
XI-1 Total revenue$46,861,327
XI-2 Total expenses$46,568,592
XI-3 Revenue less expenses$292,735
XI-4 Net assets at start of year$30,948,285
XI-5 Net unrealized gains (losses) on investments$1,708,137
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$32,949,157

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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