2026-05-13T08:39:07-05:00 2025-06-30 853893874 PUZDRAK AND STORTZ LLC 11589 JOLLYVILLE RD AUSTIN TX 78759 990 2024-07-01 237003049 AICCU RESEARCH FOUNDATION AICC 9164467626 1121 L STREET 802 SACRAMENTO CA 95814 KRISTEN SOARES PRESIDENT 9164467626 2026-05-12 1 1 MARK PUZDRAK CPA P01296839 5128272900 2026-05-12 X 2024 2025-03-06 01:10:19Z KRISTEN SOARES 1121 L STREET 802 SACRAMENTO CA 95814 1737502 0 X WWW.AICCU.EDU X 1989 CA TO ADVANCE THE INTERESTS OF THE ACCREDITED NON-PROFIT COLLEGES AND UNIVERSITIES IN THE STATE. 25 24 11 27 0 0 1453300 1403571 119135 209071 252389 120610 0 4250 1824824 1737502 0 0 0 0 1163844 1258383 0 0 0 592740 567529 1756584 1825912 68240 -88410 6548369 7262357 1007880 1154540 5540489 6107817 X THE PURPOSE OF THE ASSOCIATION OF INDEPENDENT CALIFORNIA COLLEGES AND UNIVERSITIES AND RESEARCH FOUNDATION (AICCU) IS TO ADVANCE THE INTERESTS OF THE ACCREDITED NON-PROFIT COLLEGES AND UNIVERSITIES IN THE STATE. IN THAT ROLE, AICCU CARRIES OUT A SERIES OF PROGRAMS INCLUDING PUBLIC AFFAIRS AND INFORMATION, JOINT FINANCIAL SERVICES, INSTITUTIONAL RESEARCH, ADMISSIONS AND STUDENT RECRUITMENT, AND COORDINATION OF PROFESSIONAL DEVELOPMENT ACTIVITIES. 0 0 506154 73640 PUBLIC AFFAIRS AND INFORMATION- AICCU ATTEMPTS TO BUILD AWARENESS OF THE SECTOR IN THE GENERAL PUBLIC AND IN THE PUBLIC POLICY PROCESS. 337197 47089 JOINT FINANCIAL SERVICES- AICCU FACILITATES JOINT PROJECTS AMONG MEMBER INSTITUTIONS WHICH WOULD NOT BE POSSIBLE BY INDIVIDUAL COLLEGES AND UNIVERSITIES, INCLUDING FACILITIES FINANCING AND SEVERAL JOINT INSURANCE PROGRAMS. 297478 42131 INSTITUTIONAL RESEARCH- AICCU CONDUCS 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. 345003 46211 COORDINATION OF PROFESSIONAL DEVELOPMENT ACTIVITIES - AICCU SPONSORS SEVERAL GROUPS OF CAMPUS OFFICERS THAT MEET PERIODICALL TO DISCUSS COMMON PROBLEMS AND ISSUES AND TO LOOK FOR COMMON SOLUTIONS. ADMISSIONS AND RECRUITMENT ACTIVITIES - AICCU PREPARES VARIOUS PBULICATIONS THAT PROVIDE INFORMATION TO PROSPECTIVE STUDENTS ABOUT INDEPENDENT COLLEGES. IT ALSO CONDUCTS WORKSHOPS AND OTHER INFORMATION PROGRAMS FOR COLLEGE COUNSELORS. 345003 46211 1485832 1 0 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 11 1 0 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 CA X KRISTEN SOARES 9164467626 1121 L STREET STE 802 SACRAMENTO CA 95814 MICHAEL BEALS EXEC COMITTEE 1.00 X 0 0 0 HECTOR DE LA TORRE TRUSTEE 1.00 X 0 0 0 MARTHA ESCUTIA VICE PRESIDENT 1.00 X 0 0 0 G GABRIELLE STARR AICCU CHAIR 1.00 X X 0 0 0 FRED PRAGER TREASURER 1.00 X X 0 0 0 AMY MARCUS-NEWHALL EXEC COMITTEE 1.00 X 0 0 0 ANDRE STEPHENS EXEC COMITTEE 1.00 X 0 0 0 RAVI RAJAN 1ST VICE CHAIR 1.00 X X 0 0 0 ERIKA BUSTAMANTE ASSISTANT VICE PRESIDENT 1.00 X 0 0 0 JAMES T HARRIS III EXEC COMITTEE 1.00 X 0 0 0 KRISTA NEWKIRK 2ND VICE CHAIR 1.00 X 0 0 0 JULIE SULLIVAN EXEC COMITTEE 1.00 X 0 0 0 FRAN INMAN SENIOR VICE PRESIDENT 1.00 X 0 0 0 EUGENE MITCHELL TRUSTEE 1.00 X 0 0 0 SHANNON GARY EXEC COMITTEE 1.00 X 0 0 0 MARK MILIRON EXEC COMITTEE 1.00 X 0 0 0 RUTHANN HEINRICH TRUSTEE 1.00 X 0 0 0 CHRISTOPHER CALLAHAN EXEC COMITTEE 1.00 X 0 0 0 RISA DICKSON EXEC COMITTEE 1.00 X 0 0 0 JIM GASH EXEC COMITTEE 1.00 X 0 0 0 MATT PARLOW EXEC COMITTEE 1.00 X 0 0 0 ROGER THOMPSON EXEC COMITTEE 1.00 X 0 0 0 JENNIFER TORRES VP FOR GV RELATION 1.00 X 0 0 0 JAMIENNE STUDLEY TRUSTEE 1.00 X 0 0 0 KRISTEN SOARES PRESIDENT 40.00 X 340117 0 66049 THOMAS MAU VU VP FOR POLICY 40.00 X 102902 0 16147 ALEXANDER GRAVES VP FOR GV RELATION 40.00 X 118225 0 17753 561244 0 99949 3 0 1 0 0 1314252 89319 1403571 SHARED SERVICE REVENUE 519200 209071 209071 209071 120610 120610 OTHER REVENUE 900099 4250 4250 4250 1737502 213321 0 120610 397200 323111 74089 588196 508264 79932 89700 74450 15250 116379 96594 19785 66908 55533 11375 55560 55560 108989 90461 18528 16490 13687 2803 121794 102653 19141 52779 43807 8972 2352 1967 385 11919 9893 2026 SPECIAL EVENT 49801 41335 8466 MEMBERSHIP DUES 31649 26268 5381 EQUIPMENT EXPENSES 31554 26190 5364 84642 71619 13023 1825912 1485832 340080 0 100 101 21777 0 36529 71778 200857 198611 3236 2246 4162058 4535261 2324669 2652971 6548369 7262357 38647 40933 13119 969233 1100488 1007880 1154540 X 3968252 4363787 1572237 1744030 5540489 6107817 6548369 7262357 -88410 655738 0 X 0 1 X 1 0 X 1537086 1211348 1463856 1453300 1403571 7069161 1537086 1211348 1463856 1453300 1403571 7069161 0 0 0 7069161 86990 94290 100279 116081 120610 518250 86990 94290 100279 116081 120610 518250 256472 106676 160923 119135 209071 852277 1880548 1412314 1725058 1688516 1733252 8439688 0.83760 0.84580 0.06140 0.05410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER PROGRAM SERVICE REVENUE - 2020 AMOUNT: $ 256,472. 2021 AMOUNT: $ 106,676. 2022 AMOUNT: $ 160,923. 2023 AMOUNT: $ 119,135. 2024 AMOUNT: $ 209,071. 223422 223422 1602490 1825912 241296 60324 0 0 244084 244084 237829 241296 967293 1450940 174831 232317 231660 223422 862230 60940 61021 59457 60324 241742 362613 5748664 -212843 776318 32849 6279290 5183194 -234550 836691 36671 5748664 4774153 -200000 609041 5183194 5797084 -216984 -805947 4774153 4454406 1342678 5797084 0.71940 0.27777 0.00280 0 0 200857 198611 2246 2246 FISCAL AGENCY CASH 612154 OPERATING LEASE RIGHT-OF-USE ASSETS 263939 PARSONS MEMORIAL SCHOLARSHIP ENDOWMENT 1776878 2652971 ACCRUED LIABILITIES 154992 FISCAL AGENCY LIABILITY 612154 OPERATING LEASE OBLIGATIONS LESS CURRENT 333342 1100488 2393240 655738 655738 1737502 0 1737502 1825912 0 1825912 0 1825912 PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF STUDENTS ATTENDING INDEPENDENT COLLEGES IN CALIFORNIA, OFFERING SCHOLARSHIPS TO DESERVING STUDENTS. X X 0 0 0 0 0 0 0 0 0 KRISTEN SOARES PRESIDENT 340117 0 0 0 0 0 66049 0 0 0 406166 0 0 0 PART I, LINE 3 NO LATER THAN JUNE OF EACH YEAR, THE AICCU PRESIDENT DRAFTS AN "ANNUAL LETTER OF REVIEW" TO THE EXECUTIVE COMITTEE, WHICH IS REVIEWED BY THE OFFICERS CONSITITUTED AS A COMPENSATION COMITTEE. THEY MAKE A RECOMMENDATION FOR ANY COMPENSATION ADJUSTMENTS BASED IN PART ON A COMPARATIVE SALARY SURVEY FOR LIKE ASSOCIATION EXECUTIVES. THE RECOMENDATION IS THEN CONSIDERED BY THE FULL EXECUTIVE COMMITTEE AT ITS JUNE MEETING IN EXECUTIVE SESSION. THE RESULTS OF THE DECISION ARE THEN COMMUNICATED TO THE PRESIDENT IN WRITING BY THE CHAIR OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE PRESIDENT BEFORE SIGNING AND SUBMITTING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING WILL BE DONE AT THE ANNUAL MEETING. BOARD MEMBERS WILL BE ASKED TO COMPLETE A FORM. FORM 990, PART VI, SECTION B, LINE 15 NO LATER THAN JUNE OF EACH YEAR, THE AICCU PRESIDENT DRAFTS AN "ANNUAL LETTER OF REVIEW" TO THE EXECUTIVE COMMITTEE, WHICH IS REVIEWED BY THE OFFICERS CONSTITUTED AS COMPENSATION COMMITTEE. THEY MAKE A RECOMMENDATION FOR ANY COMPENSATION DJUSTMENTS BASED IN PART ON A COMPARATIVE SALARY SURVEY FOR LIKE ASSOCIATION EXECUTIVES. THE RECOMMENDATION IS THEN CONSIDERED BY THE FULL EXECUTIVE COMMITTEE AT TS JUNE MEETING IN EXECUTIVE SESSION. THE RESULTS OF THE DECISION ARE THEN OMMUNICATED TO THE PRESIDENT IN WRITING BY THE CHAIR OF THE EXECUTIVE COMMITTEE. THE PRESIDENT SHALL BE RESPONSIBLE FOR ALL PERSONNEL DECISIONS REGARDING AICCU STAFF AND CONSULTANTS, INCLUDING DETERMINATION OF COMPENSATION. HOWEVER, WITHIN 30-DAYS OF CONCLUDING THE FISCAL YEAR, THE PRESIDENT SHALL DISCLOSE ANY ADJUSTMENTS MADE TO COMPENSATION FOR KEY EXECUTIVE EMPLOYEES. "KEY EXECUTIVE EMPLOYEES" IS DEFINED AS THOSE EMPLOYEES MAKING MORE THAN $75,000 PER YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.