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University Corporation at Monterey BAY

Public charityFed auditsIRS 990990-T FY2023
Other · MONTEREY, CA · EIN 77-0387459

About

To use fiscal flexibility to provide resources and services not supported by the state, operational expertise to implement and manage commercial activities and entrepreneurial acumen to generate revenue in support of the university's strategic initiatives. The corporation is committed to supporting the university in building a multicultural learning community whose partners are prepared to contribute productively, responsibly and ethically to california and the global community.

Donations are tax-deductible
Category
Other
Employees
795
Volunteers
142

Financial Snapshot

FY ending 2025-06-30
Revenue
$95.6M
Expenses
$89.0M
Assets
$220.1M
Liabilities
$145.8M

Financial history

$95.6M$47.8M$0
171819202122232425
RevenueExpenses
Latest FY2025: $95.6M · Avg: $70.3M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$0
Grants Given
UNIVERSITY CORPORATION AT MONTEREY BAY
Your actions

Address

8 Upper Ragsdale DR
Monterey, CA, 93940-573

Governance

Voting board members8
Independent members1
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.