Return Reference | Explanation |
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Form 990 governing body review Part VI line 11 | Form 990, Part VI, Line 11: Form 990 is reviewed first by the controller, then by the VP for Business Affairs and Finance and then by the Board of Trustees through a secure website before it is filed with the IRS. |
Conflict of interest policy compliance Part VI line 12c | Form 990, Part VI, Section B, Line 12c: Each member of the board of trustees is expected to report promptly to the president of the college or to the chairman of the board of trustees the existence of any relationship or interest, as it arises, which actually or potentially involves or may appear to involve a conflict of interest. In addition, each trustee will be asked to sign a statement annually reflecting his or her continuing awareness and understanding of this policy. At the same time, the individual will report either the absence of potential conflicts or the possible areas of concern. |
CEO executive director top management comp Part VI line 15a | Form 990, Part VI, Section B, Line 15a: Outside compensation consultants were hired to provide an opinion on the reasonableness of the total compensation paid to the president of Hampden-Sydney College, the study included review of the entire compensation arrangement including cash and non-cash components, taxable and nontaxable benefits. The study included a survey of peer colleges and published survey information for tax-exempt and for-profit sectors. In addition to the compensation study, the compensation for key employees is also reviewed by the board annually. |
Other officer or key employee compensation Part VI line 15b | See explanation for Part VI, Line 15a |
Governing documents etc available to public Part VI line 19 | FORM 990, PART VI, SECTION B, LINE 19: Hampden-Sydney College makes available, upon request, the three most recent Forms 990 and 990-T and other documents required to be open to public inspection. |
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