St. Thomas Aquinas College

“Copies of form 990 are mailed or emailed to trustees who serve on the investment and finance committee for review prior to the filing of the form. A period of time is made available to the trustees to ask questions.”

“The college obtains an annual representation from each trustee and key employee of any conflicts of interest which are reviewed by management and by the external independent auditor.”

“The board of trustees determines the compensation of the top management official by reference to salary studies performed by outside organizations comparing compensation of management officials of similar colleges. Compensation of other officers and key employees are determined, as above, by comparison with similar colleges. The compensation levels are recommended by the human resources office and approved by the board of trustees.”

“The organization makes its governing documents and other policies available upon request.”

“Custodial services: program service expenses 0. Management and general expenses 500,602. Fundraising expenses 0. Total expenses 500,602. Housing supplies/expenses: program service expenses 482,601. Management and general expenses 0. Fundraising expenses 0. Total expenses 482,601. Administrative charges & fees: program service expenses 443,470. Management and general expenses 0. Fundraising expenses 0. Total expenses 443,470. Building maintenance: program service expenses 0. Management and general expenses 436,480. Fundraising expenses 0. Total expenses 436,480. Utilities: program service expenses 0. Management and general expenses 398,404. Fundraising expenses 0. Total expenses 398,404. Instructional supplies/expenses: program service expenses 340,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 340,130. Bad debts: program service expenses 300,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 300,000. Security services: program service expenses 0. Management and general expenses 261,096. Fundraising expenses 0. Total expenses 261,096. Financial affairs supplies/expenses: program service expenses 0. Management and general expenses 231,795. Fundraising expenses 0. Total expenses 231,795. Printing & publications: program service expenses 111,225. Management and general expenses 55,612. Fundraising expenses 55,612. Total expenses 222,449. Institutional advancement supplies/fees: program service expenses 0. Management and general expenses 151,106. Fundraising expenses 0. Total expenses 151,106. Real property taxes/mta taxes: program service expenses 0. Management and general expenses 139,522. Fundraising expenses 0. Total expenses 139,522. Grounds maintenance: program service expenses 0. Management and general expenses 132,754. Fundraising expenses 0. Total expenses 132,754. President's office supplies/expenses: program service expenses 0. Management and general expenses 89,941. Fundraising expenses 0. Total expenses 89,941. Commencement expenses: program service expenses 60,565. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,565. Board of trustees supplies/expenses: program service expenses 0. Management and general expenses 55,472. Fundraising expenses 0. Total expenses 55,472. Membership & dues: program service expenses 0. Management and general expenses 39,118. Fundraising expenses 0. Total expenses 39,118. Gifts: program service expenses 0. Management and general expenses 38,397. Fundraising expenses 0. Total expenses 38,397. Alumni center supplies/expenses: program service expenses 38,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,013. Human resources: program service expenses 28,825. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,825. Public/community services: program service expenses 23,681. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,681. College vehicles: program service expenses 0. Management and general expenses 15,667. Fundraising expenses 0. Total expenses 15,667. Plant admin and maintenance: program service expenses 0. Management and general expenses 2,110. Fundraising expenses 0. Total expenses 2,110.”

“Organization has an audit committee that reviews financial statements and is responsible for selecting the audit firm to complete the annual audited statements.”