Faculty Student Association of the State

“The composition of the faculty student association of the state of new york board of directors is governed by policies instituted by the state university of new york. The board must consist of faculty, students and officers of the administration of the campus, and may include alumni, local business leaders, and members of the local community.”

“As noted in the narrative to part vi, line 1, various positions on the faculty student association of the state of new york board of directors are appointed by university entities, pursurant to the organization's bylaws: 1. Four board members are appointed by the university president from the university's administrative staff. 2. Four members from the university's student body, 3. Three members (at least two of whom must be faculty) selected by the university senate, (one member of whom must be from the health sciences center). 4. One member appointed for stony brook southampton. 5. The executive director of fsa serves as an ex-officio, non-voting member of the board of directors.”

“The faculty student association's form 990 is prepared by an external accounting firm in conjuction with the association's finance team. The organization's external accounting firm presented the form 990 to the audit commitee. Once the 990 was approved by both the finance department and the audit committee, the organization distributed the 990 to the full board of directors for their review and comment prior to filing.”

“While the faculty student association of the state university of ny at stony brook recognizes the employee's right to engage in other activities outside their position with the university, faculty student association of the state university of ny at stony brook expects employees to devote their full working time and best efforts to their affairs. The primary guideline in this area is one of full disclosure. Employees should discuss all possible conflicts of interest with their supervisor, and report conflicts of interest if and when they occur.”

“There are "class and comp" reviews for the executive director and similar occupational titles including comparisons with other new york state university auxiliary service corporations, the stony brook campus, regional and national data sources (through private and public sources such as the new york state department of labor) that are conducted on a periodic basis and when there are compensation questions or issues relating to new positions or proposed substantive variance in compensation levels. Using this comparison data, human resources, the executive director, and the c.f.o. Review and approve the compensation decisions. For anyone senior manager or above, including the executive director, compensation decisions are submitted for review and approval to the fsa executive committee and board.”

“Faculty student association makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents, and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“No changes to the audit selection or oversight process in the current year.”