Queensborough Community College Student Activities Association Inc.

“The association's board of directors include student representatives. 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 association 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 association 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 association 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 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 association'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.”

“The association operates under the document retention policy of its related organization, queensborough community college.”

“The association's board of directors includes student representatives. During the year these representatives may receive stipends from the college for their student government experience. It should be noted that no student received a stipend in excess of $5,000.”

“No changes have taken place during the fiscal year ended june 30, 2020.”

“The association utilizes certain facilities provided by the college at no cost. The estimated fair value of the donated space is not reported on the form 990, parts viii and ix but are reported as reconciling items on schedule d.”