| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE PURPOSE OF THE NORTHEAST COMMUNITY COLLEGE FOUNDATION IS TO ASSIST NORTHEAST COMMUNITY COLLEGE IN FURTHERING ITS EDUCATIONAL GOALS AND OBJECTIVES, AND TO PROVIDE FINANCIAL SUPPORT TO NORTHEAST STUDENTS, ENABLING THEM TO AFFORD TUITION AND OTHER FEES FOR COLLEGE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 WAS PREPARED WITH INPUT FROM THE FOUNDATIONS SENIOR ACCOUNTANT, AND WAS REVIEWED BY THE SAME. THE 990 WAS DISTRIBUTED TO THE FOUNDATIONS FINANCE COMMITTEE FOR THEIR REVIEW. UPON THEIR RECOMMENDATION, IT WAS FORWARDED TO THE FULL BOARD FOR THEIR APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | MEN AND WOMEN OF SUBSTANCE INEVITABLY ARE INVOLVED IN THE AFFAIRS OF OTHER INSTITUTIONS AND ORGANIZATIONS. AN EFFECTIVE BOARD AND ADMINISTRATION CANNOT CONSIST OF INDIVIDUALS ENTIRELY FREE FROM AT LEAST PERCEIVED CONFLICTS OF INTEREST. ALTHOUGH MOST SUCH POTENTIAL CONFLICTS THAT ARISE WILL BE DEEMED TO BE INCONSEQUENTIAL, IT IS EVERYONES RESPONSIBLITY TO ENSURE THAT THE BOARD IS AWARE OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL, OR BUSINESS RELATIONS THAT COULD BE TROUBLESOME FOR THE FOUNDATION. THUS, THE FOUNDATION REQUIRES EACH DIRECTOR AND OFFICER UPON ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER (1) TO REVIEW THIS POLICY, (2) TO DISCLOSE IN WRITING ANY POSSIBLE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS THAT REASONABLY COULD RISE TO A CONFLICT OR THE APPEARANCE OF A CONFLICT INVOLVING THE FOUNDATION, AND (3) TO ACKNOWLEDGE BY HIS OR HER SIGNATURE THAT HE OR SHE IS IN COMPLIANCE WITH THE LETTER AND SPIRIT OF THIS POLICY. IN ADDITION, IF A MATTER ARISES DURING THE COURSE OF THE YEAR THAT WOULD HAVE REQUIRED DISCLOSURE, THE DIRECTOR OR OFFICER WILL BE REQUIRED TO PROMPTLY DISCLOSE SUCH MATTER IN WRITING. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE PROVIDED UPON REQUEST. |
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