SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
MOUNT ALOYSIUS COLLEGE
 
Employer identification number

25-1114320
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 4 THE CONFERENCE OF MERCY HIGHER EDUCATION (CMHE) SPONSORED BY THE SISTERS OF MERCY OF THE AMERICAS IS NO LONGER A MEMBER OF THE CORPORATION FINALIZED JULY 2021.
FORM 990, PART VI, SECTION A, LINE 7B MOUNT ALOYSIUS MUST CONDUCT ITS AFFAIRS IN THE TRADITION OF THE SISTERS OF MERCY AND THE BOARD OF TRUSTEES STILL NEEDS CONSENT FROM THE CONFERENCE FOR MERCY HIGHER EDUCATION ("CMHE") FOR CERTAIN ACTIONS. IN ACCORDANCE WITH THE BYLAWS SECTION 1.03: NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, AND AS A CONDITION TO THE CORPORATION'S AFFILIATION WITH CMHE AND SPONSORSHIP BY THE SISTERS OF MERCY OF THE AMERICAS, IN NO EVENT SHALL THE BOARD OF TRUSTEES TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT THE PRIOR WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF CMHE OR ITS SUCCESSOR OR DESIGNEE (TO THE EXTENT SUCH APPROVAL IS REQUIRED UNDER CANON LAW): (I) APPROVE A SALE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, A MERGER, CONSOLIDATION, REORGANIZATION, DISSOLUTION OR LIQUIDATION OF THE CORPORATION, OR OTHER FUNDAMENTAL TRANSACTION WITHIN THE PENNSYLVANIA NONPROFIT CORPORATION LAW, OR THESE BYLAWS; OR (II) AMEND THIS SECTION 1.03, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS WITH RESPECT TO THE CORPORATION'S ROMAN CATHOLIC IDENTITY OR THE CONDITIONS PROVIDED HEREIN OR IN THE ARTICLES OF INCORPORATION RELATING TO THE AFFILIATION OF THE CORPORATION WITH THE CMHE OR ITS SPONSORSHIP BY THE SISTERS OF MERCY OF THE AMERICAS.
FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE CONDUCTED A REVIEW OF THE COMPLETE FORM 990. FOLLOWING REVIEW BY THE AUDIT COMMITTEE, THE PUBLIC INSPECTION COPY OF FORM 990 WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES UPON REQUEST BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED ON AN ANNUAL BASIS. FOR THE BOARD OF TRUSTEES, THE COMMITTEE ON TRUSTEES ENSURES THAT EACH TRUSTEE HAS COMPLETED A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. THE COMMITTEE ON TRUSTEES THEN REVIEWS ALL FORMS FOR ANY IDENTIFIED CONFLICTS OF INTEREST. HUMAN RESOURCES ENSURES THAT EACH KEY EMPLOYEE HAS COMPLETED A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. ALL KEY EMPLOYEE FORMS ARE REVIEWED BY HUMAN RESOURCES FOR ANY IDENTIFIED CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS ARE THEN DEALT WITH ON A CASE-BY-CASE BASIS. BOARD TRUSTEES WITH AN IDENTIFIED CONFLICT OF INTEREST ARE EXPECTED TO ABSTAIN FROM VOTING, AND IF DETERMINED BY THE BOARD, TO WITHDRAW FROM THE MEETING.
FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS AND INCLUDES A DISCUSSION OF COMPARABLE SALARIES AS WELL AS CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED BY A COLLEGE COMPENSATION COMMITTEE. COMPARABILITY DATA IS USED, AND CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION TAKES PLACE.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -4,788.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


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