Western New England University

“The audit committee reviews the form 990 before it is passed on to the full board for review. The audit committee's review is accomplished by providing the 990 form and all schedules and attachments to the committee through a secure website. The committee can discuss the return at a scheduled meeting with the auditors. Once the committee reviews the return, the full borad is given access to the secure online website before the return is filed with the internal revenue service.”

“The university asks the trustees to complete a conflict-of-interest statement each year. Administrative employees are asked to complete a conflict-of-interest statement at the time of on boarding. The trustee statements are reviewed by the vice president for finance and administration or his/her designee. If any issues and or concerns are found the vice president for finance and administration will bring the matter forward as appropriate to ensure that all parties are aware of any issues. The vice president for finance and administration may decide to engage external legal counsel to review the circumstances of any reported conflict and provide legal advice on the matter. Any trustee with a conflict abstains from any board or committee votes as deemed necessary.”

“The compensation review process for the president is conducted through a compensation sub-committee of trustees comprised of the chairman, vice chairman, secretary and two other members. The sub-committee meets during the year to review the president's performance relative to the prior year's goals and to establish the coming year's goals. The sub-committee periodically engages a third party to conduct an independent review of the president's compensation. The third party may be asked to advise the sub-committee of trends and any other pertinent information with respect to benchmarked peer institutions. Peer institutions are defined according to measures utilizing institutional organizational complexity such as size and breadth of programming. Additionally, the sub-committee relies on internal data regarding compensation changes being considered for other university positions. The compensation sub-committee of the board of trustees recommends to the executive committee the president's compensation package. All documentation is kept by the chairman of the board. In addition, the president's office retains a copy of the president's self-evaluation. The minutes of the executive session of the board of trustees are kept on file in the president's office. The compensation process meets the rebuttable presumption. The committee is comprised of individuals who do not have a conflict of interest regarding the transaction. The committee relies on appropriate internal and external data as to both compensation level and compensation change prior to making its determination and the committee timely and adequately documents the decisions regarding compensation. 15b-the compensation for officers and key employees most heavily measures against performance of the individuals and contemporaneously published salary data from the college and university personnel association's (cupa) salary listings from comparable institutions within the same carnegie categories as the university. The president determines any increases based on performance and comparable compensation data. The president reports the salary levels of the key employees to the executive committee of the board of trustees. Compensation records are kept in the president's office.”

“The irs form 990 is available upon request from the university. It is posted along with the audited financial statements on the university's website at: https://wne.edu/finance-and-administration/controller/federal-tax-returns and the website of the massachusetts attorney general's office at www.mass.gov. The university's governing documents, articles of incorporation and by-laws may be requested from the controller's office and are posted on the website for the massachusetts secretary of state. The conflict-of-interest policy is also available on the university's website.”

“Western new england university, a comprehensive-private institution with a tradition of excellence in teaching and scholarship and a commitment to service, awards undergraduate, master's and doctorial degrees in the colleges of arts and sciences, business, engineering and pharmacy and health sciences and the school of law. One of only a few u.s. Comprehensive institutions enrolling under 5,000 students, recognized with national and international accreditation at the highest levels in law, business, and engineering, we serve students predominantly from the northeastern u.s., but enroll students from across the country and around the world. Most of the undergraduate students reside on campus. Our 215-acre campus in springfield, massachusetts, is remarkable for its beauty, security and meticulous upkeep. Our mission: the hallmark of the western new england university experience is an unwavering focus on and attention to each student's academic and personal development, including learning outside the classroom. Faculty, dedicated to excellence in teaching and research, and often nationally recognized in their fields, teach in an environment of warmth and personal concern where small classes predominate. Administrative and support staff work collaboratively with faculty in attending to student development so that each student's academic and personal potential can be realized and appreciated. Western new england university develops leaders and problem-solvers from among our students, whether in academics, intercollegiate athletics, extracurricular and cocurricular programs, collaborative research projects with faculty, or in partnership with the local community. At western new england university, excellence in student learning goes hand in hand with the development of personal values such as integrity, accountability, and citizenship. Students acquire the tools to support lifelong learning and the skills to succeed in the global workforce. Equally important, all members of our community are committed to guiding students in their development to become informed and responsible leaders in their local and global communities by promoting a campus culture of respect, tolerance, environmental awareness, and social responsibility. We are well positioned to accomplish these goals as a truly comprehensive institution whose faculty and staff have historically collaborated in offering an integrated program of liberal and professional learning in the diverse fields of arts and sciences, business, engineering, law and pharmacy. Our core values: excellence in teaching, research, and scholarship: understanding that our primary purpose is to provide an outstanding education supported by faculty with the highest academic credentials, and with national prominence in their fields. Student-centered learning: providing an individualized approach to education which includes a profound commitment to small class sizes, personalized student-faculty relationships, and student engagement and personal growth both within and beyond the classroom. A sense of community: treating every individual as a valued member of our community with a shared sense of purpose and ownership made possible by mutual respect and shared governance. Innovative integrated liberal and professional education: constituting the foundation of our undergraduate and graduate curriculum, providing global education, leadership opportunities, and career preparation. Commitment to academic, professional, and community service: promoting opportunities for all campus community members to provide responsible service of the highest quality to others. Stewardship of our campus: caring for the sustainability and aesthetics of the environment both within and beyond the campus. After celebrating its centennial in 2019, western new england university looks forward to a new century, new decade, and new opportunities to evolve. Our focus will remain on educating the whole student, but in a twenty-first cent”

“Change in split interest agreement 100,483. Rounding”