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Business · San Bernardino

CSUSB Auxiliary Corp Publishes Audited Financials and Tax Returns

The nonprofit entity, established in 1962, released its latest corporate documents for public review under state regulations.

By Allison Rojas ·

Illustration for: CSUSB Auxiliary Corp Publishes Audited Financials and Tax Returns
Illustration generated for this article, not a news photograph.

University Enterprises Corporation (UEC) has made its most recent audited financial statements, 990 tax returns, and other corporate documents available for public review. The nonprofit organization, which operates as a recognized auxiliary of California State University, San Bernardino (CSUSB), established these records to support its stated culture of openness, trust, and integrity in management practices.

UEC is a 501(c)(3) public benefit corporation founded in 1962. It operates in good standing as an auxiliary of the university, conforming to regulations set by the Board of Trustees of the California State University. The organization also complies with rules approved by the California State Director of Finance, a requirement under Section 89900 of the California Education Code.

The corporate structure of UEC is supervised by the university's administrative organization, as mandated by Title 5, Section 42402 of the California Code of Regulations. The entity functions as an equal opportunity employer, prohibiting discrimination based on sex, race, sexual orientation, national origin, handicap, marital status, age, religious creed, color, ancestry, medical condition, or veteran status.

UEC restricts hiring to individuals lawfully authorized to work in the United States. The organization subscribes to all applicable state and federal regulations regarding employment and business practices. The release of these financial and tax documents provides stakeholders with direct access to the nonprofit's operational records.

The documents are part of UEC's commitment to transparency in its business practices. By listing links to these specific records, the corporation allows for external verification of its financial health and compliance status. This disclosure aligns with the regulatory framework governing auxiliary organizations within the California State University system.

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