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.”

“Administrative charges & fees: program service expenses 582,984. Management and general expenses 0. Fundraising expenses 0. Total expenses 582,984. Housing supplies/expenses: program service expenses 577,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 577,600. Custodial services: program service expenses 0. Management and general expenses 530,794. Fundraising expenses 0. Total expenses 530,794. Building maintenance: program service expenses 0. Management and general expenses 500,081. Fundraising expenses 0. Total expenses 500,081. Utilities: program service expenses 0. Management and general expenses 452,290. Fundraising expenses 0. Total expenses 452,290. Instructional supplies/expenses: program service expenses 325,106. Management and general expenses 0. Fundraising expenses 0. Total expenses 325,106. Security services: program service expenses 0. Management and general expenses 305,802. Fundraising expenses 0. Total expenses 305,802. Financial affairs supplies/expenses: program service expenses 0. Management and general expenses 305,109. Fundraising expenses 0. Total expenses 305,109. Bad debts: program service expenses 304,434. Management and general expenses 0. Fundraising expenses 0. Total expenses 304,434. Printing & publications: program service expenses 129,014. Management and general expenses 64,507. Fundraising expenses 64,507. Total expenses 258,028. Grounds maintenance: program service expenses 0. Management and general expenses 192,267. Fundraising expenses 0. Total expenses 192,267. Real property taxes/mta taxes: program service expenses 0. Management and general expenses 133,518. Fundraising expenses 0. Total expenses 133,518. Gifts: program service expenses 0. Management and general expenses 109,219. Fundraising expenses 0. Total expenses 109,219. Institutional advancement supplies/fees: program service expenses 0. Management and general expenses 101,264. Fundraising expenses 0. Total expenses 101,264. President's office supplies/expenses: program service expenses 0. Management and general expenses 93,598. Fundraising expenses 0. Total expenses 93,598. Commencement expenses: program service expenses 47,958. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,958. Membership & dues: program service expenses 0. Management and general expenses 43,354. Fundraising expenses 0. Total expenses 43,354. Alumni center supplies/expenses: program service expenses 43,067. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,067. Board of trustees supplies/expenses: program service expenses 0. Management and general expenses 27,874. Fundraising expenses 0. Total expenses 27,874. Human resources: program service expenses 27,324. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,324. Public/community services: program service expenses 20,004. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,004. College vehicles: program service expenses 0. Management and general expenses 10,482. Fundraising expenses 0. Total expenses 10,482. Business office: program service expenses 0. Management and general expenses 6,790. Fundraising expenses 0. Total expenses 6,790. Plant admin and maintenance: program service expenses 0. Management and general expenses 2,758. Fundraising expenses 0. Total expenses 2,758.”

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