Dutchess Community College Association Inc.

“The form 990 is reviewed by the association's treasurer and board of directors at the spring meeting before it is filed with the irs. Any questions or comments are relayed to the association's executive director, who will then forward those questions to the accountants who prepared the return.”

“To protect the integrity of the decision-making process of the board of directors, and to ensure that the constituents have confidence in the integrity of the board, all board members are required to make full disclosure of interests, relationships, and holdings annually that could potentially result in a conflict of interest. During any decision-making process, board members are required to disclose any interest in a transaction or purchase where the board member, including their business or other non-profit affiliates, family members, employer (other than dutchess community college) or close associates, may receive a financial benefit or gain. After disclosure, the board member will abstain from voting on any action to be taken regarding said transaction or purchase. The conflict of interest statement is signed by each board member, and kept on file with the secretary of the association.”

“Compensation for all employees, including the executive director of the association are approved by the board of directors and are based on comparable salaries provided to dutchess community college employees through union contracts and management confidential guidelines. The board's approval is documented and memorialized in a contract document signed by the board president and the executive director.”

“The association's form 990, financial statements, conflict of interest policy, articles of incorporation and by-laws are available upon written request at 53 pendell road, poughkeepsie, new york 12601, or by calling the organization directly at 845-431-8000.”

“Alejandro galeno and richard recchia are compensated by the dutchess community college for the federal work study program.”

“Casual labor: program service expenses 67,573. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,573. Service contracts: program service expenses 526,088. Management and general expenses 29,498. Fundraising expenses 0. Total expenses 555,586.”

“Change in fair value of interest rate swap agreement 364,790.”

“The board of directors assumes responsibility for oversight of the audit and selection of the independent accountant. Procedures related to the oversight of the annual audit of the financial statements and the selection of the independent accountant have not changed from the prior year.”