| Form 990, Part VI, Section A, Line 2 |
The College conducts business with various vendors throughout the greater Utica area. Several of the College's vendors have principals or employees currently serving on its board of trustees. In accordance with the colleges bylaws, each vendor serving on the college board of trustees is required to disclose the details of transactions and other business involvements with the college. Significant related party transactions include certain lines of insurance coverage, janitorial, landscape and building maintenance service, government relations services and data processing, printing, mailing and email marketing for the development office. |
| Form 990, Part VI, Section B, Line 11b |
The 990 is reviewed and approved by the treasurer, key employees, and appropriate trustees prior to being filed and issued. Additionally, the 990 is provided to the entire board of trustees for review and comment prior to filing. This is done by posting a draft PDF of the 990 to the College trustee website. |
| Form 990, Part VI, Section B, Line 12c |
Officers and Board members are required to complete conflict of interest statements and submit them to the office of financial affairs. |
| Form 990, Part VI, Section B, Line 15 |
The compensation of the president is determined by a compensation committee of the board of trustees in consultation with an independent consultant and approved by the executive committee. The compensation of officers and key employees is determined by the college president and approved by the compensation committee. |
| Form 990, Part VI, Section C, Line 19 |
Governing documents are available to the public through personal requests through appropriate college officials. |
| Form 990, Part XI, Line 9 |
Change in the funded status of the pension plan $161,785, Change in the value of annuity obligations $11,794, Loss on interest rate swap contracts ($594,853). |
Attach to Form 990 or 990-EZ.