Queensborough Community College Auxiliary Enterprise Assoc Inc.

“The auxiliary's board of directors includes student representatives. The students attending queensborough community college elect the student representatives to sit on the board.”

“The form 990 was prepared by a reputable accounting firm in conjunction with the auxiliary's financial department. A copy of the draft form 990 was circulated to the board of trustees for discussion and comment at the organization's board meeting. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.”

“The auxiliary operates under the conflict of interest policy of its related organization, queensborough community college. Each officer, director, trustee, and key employee of the college is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the college. The college monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately.”

“The auxiliary does not compensate any of the individuals reported in part vii of the form 990. All compensation is paid by a related organization, queensborough community college. The compensation for individuals running the auxiliary is set by the college itself and is established in conformity with compensation guidelines established by the city university of new york. These guidelines are complied with by all the associations and auxiliaries supporting the various cuny colleges.”

“The auxiliary 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 auxiliary'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.”

“Audit fee: program service expenses 0. Management and general expenses 12,561. Fundraising expenses 0. Total expenses 12,561. Security: program service expenses 8,925. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,925. Other professional & contract svcs: program service expenses 31,407. Management and general expenses 18,086. Fundraising expenses 0. Total expenses 49,493. Consulting: program service expenses 5,885. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,885. Licensing: program service expenses 37,004. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,004.”

“No changes have taken place during the fiscal year ended june 30, 2021.”