Students Cooperative Association FY2023 filing

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Cooperative student housing

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
1 of 5
filings with a surplus
Average deficit $36K a year · 20% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$504K
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 9 voting members
Looks good: 12 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$164K
-35% vs prior year
Spent
$298K
To programs
63%
Net assets
$344K
By yearFY2021–FY2025
Revenue
$164K
FY2023▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2021$179K
FY2022$253K
FY2023$164K
FY2024$161K
FY2025$162K
Expenses
$298K
FY2023▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2021$219K
FY2022$229K
FY2023$298K
FY2024$189K
FY2025$164K
Net assets
$344K
FY2023▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2021$455K
FY2022$478K
FY2023$344K
FY2024$317K
FY2025$315K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 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 Jun 1942.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $186K Management & general 37% · $112K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Member Coord
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Students Cooperative Association executive salaries →

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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 15aNo

Programs and updates

Students Cooperative Association is a member-serving organization based in Eugene, OR.

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Provided by the organization

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1 program · $186K · in their own filed words · FY2022
01

Providing cooperative student room and board.

$186Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$164K
Ln 12
Fees for servicesLn 2g$154K
Other incomeLn 4–11$9K
Investment incomeLn 3$495
Money outPt IX
$298K
Ln 25
Programscol B$186K
Managementcol C$112K
Owns and owesPt X
$344K
net assets · Ln 32
Cash and savingsLn 1–2$236K
Total assetsLn 16$849K
LiabilitiesLn 26$504K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$154K
Investment incomeLn 3$495
Other incomeLn 4–11$9K
Gains on assetsLn 7$0
Total revenueLn 12$164K
Assets in detailPt X, end of year
CashLn 1$175K
SavingsLn 2$61K
Cash and savings togetherLn 1–2$236K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$484K
Other assetsLn 15$0
Total assetsLn 16$849K
LiabilitiesLn 26$504K
Net assetsLn 32$344K
OperationsPt I, VI
EmployeesI 52
VolunteersI 630
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$408K$236K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$514K$484K
Total assetsLn 16$1.0M$849K
LiabilitiesLn 26$539K$504K
Net assetsLn 32$478K$344K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$53K$13K$40K
Pension plan contributionsLn 8$3K$3K
Other employee benefitsLn 9$49K$49K
Payroll taxesLn 10$5K$1K$4K
Management feesLn 11a$0
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$200$200
Office expensesLn 13$3K$3K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$108K$108K
TravelLn 17$74$74
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$30K$30K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$19K$19K$158
All other expensesLn 24e$0
Total functional expensesLn 25$298K$186K$112K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $162K$164K−$2K$315K 990 PDF
FY2024 $161K$189K−$28K$317K 990 PDF
FY2023 Viewing $164K$298K−$134K$344K 990 PDF
FY2022 $253K$229K$23K$478K 990 PDF
FY2021 $179K$219K−$40K$455K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $164,207 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $63,000$0
I-9 Program service revenuePrior year $195,543$154,427
I-10 Investment incomePrior year −$8,856$495
I-11 Other revenuePrior year $2,968$9,285
I-12 Total revenuePrior year $252,655$164,207
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $52,237$110,930
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $177,097$187,096
I-18 Total expensesPrior year $229,334$298,026
I-19 Revenue less expensesPrior year $23,321−$133,819
Part VI · Governance 12 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $164,207 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $154,427$154,427
VIII-3 Investment incomeUnrelated business $495$495
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $9,285$9,285
VIII-12 Total revenueRelated to mission $163,712 · Unrelated business $495$164,207
Part IX · Statement of functional expenses $298,026 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $13,290 · Management $39,871$53,161
IX-8 Pension plan contributionsManagement $2,901$2,901
IX-9 Other employee benefitsManagement $49,494$49,494
IX-10 Payroll taxesPrograms $1,343 · Management $4,031$5,374
IX-11a Management fees$0
IX-11b Legal feesManagement $4,129$4,129
IX-11c Accounting feesManagement $10,807$10,807
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionManagement $200$200
IX-13 Office expensesPrograms $2,712$2,712
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $108,385$108,385
IX-17 TravelPrograms $74$74
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $30,330$30,330
IX-23 InsurancePrograms $11,099$11,099
IX-24 Other expenses (24a–d)Programs $19,202 · Management $158$19,360
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $186,435 · Management $111,591 · Fundraising $0$298,026
Part X · Balance sheet $848,634 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $346,847$175,021
X-2 Savings and temporary cash investmentsStart of year $60,671$61,251
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $89,999$118,942
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $5,629$9,323
X-10c Land, buildings and equipment, netStart of year $514,427$484,097
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,017,573$848,634
X-25 Other liabilitiesStart of year $15,837$13,808
X-26 Total liabilitiesStart of year $539,329$504,209
X-27 Net assets without donor restrictionsStart of year $478,244$344,425
X-32 Total net assets or fund balancesStart of year $478,244$344,425
X-33 Total liabilities and net assetsStart of year $1,017,573$848,634
Part XI · Reconciliation of net assets $344,425 net assets at year end
XI-1 Total revenue$164,207
XI-2 Total expenses$298,026
XI-3 Revenue less expenses−$133,819
XI-4 Net assets at start of year$478,244
XI-10 Net assets at end of year$344,425

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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