Aiccu Research Foundation is located in Sacramento, CA. The organization was established in 1969. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Aiccu Research Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aiccu Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Aiccu Research Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE INTERESTS OF THE ACCREDITED NON-PROFIT COLLEGES AND UNIVERSITIES IN THE STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC AFFAIRS AND INFORMATION - AICCU ATTEMPTS TO BUILD AWARENESS OF THE SECTOR IN THE GENERAL PUBLIC AND IN THE PUBLIC POLICY PROCESS.
JOINT FINANCIAL SERVICES - AICCU FACILITATES JOINT PROJECTS AMOUNG MEMBER INSTITUTIONS WHICH WOULD NOT BE POSSIBLE BY INDIVIDUAL COLLEGES OR UNIVERSITIES, INCLUDING FACILITIES FINANCING AND SEVERAL JOINT INSURANCE PROGRAMS.
INSTITUTIONAL RESEARCH - AICCU CONDUCTS A SERIES OF RESEARCH STUDIES ON THE NATURE AND OPERATION OF INDEPENDENT COLLEGES IN CALIFORNIA. THE RESULTS OF THOSE STUDIES ARE DISTRIBUTED TO MEMBER INSTITUTES, POLICY AGENCIES AND TO THE PUBLIC.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Soares President | Officer | 40 | $284,999 |
Alexander Graves VP For Gv Relation | 40 | $106,420 | |
Ronald Ellis Exec Committee | Trustee | 1 | $0 |
Kenneth Hargreaves Exec Committee | Trustee | 1 | $0 |
Barry Corey Exec Committee | Trustee | 1 | $0 |
David Fike Exec Committee | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,048,916 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $162,432 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,211,348 |
| Total Program Service Revenue | $106,676 |
| Investment income | $94,290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $111,192 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,523,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $344,578 |
| Compensation of current officers, directors, key employees. | $60,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,812 |
| Pension plan accruals and contributions | $76,988 |
| Other employee benefits | $84,474 |
| Payroll taxes | $58,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $43,778 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $181,866 |
| Advertising and promotion | $0 |
| Office expenses | $25,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $115,970 |
| Travel | $16,446 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $4,413 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,964 |
| Insurance | $10,195 |
| All other expenses | $60,972 |
| Total functional expenses | $1,875,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,469 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,200 |
| Prepaid expenses and deferred charges | $51,376 |
| Net Land, buildings, and equipment | $10,406 |
| Investments—publicly traded securities | $3,504,166 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,327,739 |
| Total assets | $4,964,356 |
| Accounts payable and accrued expenses | $97,173 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $230,208 |
| Total liabilities | $327,381 |
| Net assets without donor restrictions | $3,377,469 |
| Net assets with donor restrictions | $1,259,506 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,964,356 |