Auxiliary Services State University College at Oswego Inc.

“The organization has committees and meeting minutes are documented however they do not have authority to act on behalf of the governing body.”

“The executive director and controller review a draft of the form 990 and reconcile it to the audited financial statements. It is then reviewed with the officers in draft form prior to filing with the irs.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Management reviews the conflict of interest policy with the board of directors on an annual basis.”

“The compensation package of the executive director is reviewed by the designee of the board of directors. The review includes external survey data, recruiting experience, economic trends and a cost impact analysis for the organization along with performance evaluation considerations. The executive director annually reviews salary information for key employees. The review includes external survey data, recruiting experience, economic trends and a cost impact analysis for the organization along with performance evaluation considerations.”

“The 990 and financial statements are available to the public on guidestar.org or upon request. The organization makes its governing documents and conflict of interest policy available to the public upon request.”

“Compensation from a related organization a reasonable effort was made to obtain the related organization compensation. The compensation from suny oswego is based off of the website www.seethroughny.net, sponsored by the state of new york. The data was provided by the new york state teachers retirement system (nystrs). Nystrs data include new york state public school and college teachers and administrators and is for the school year ending june 30, 2020.”

“Cy additional minimum pension liability 3,023,922.”

“The board of directors is responsible for oversight of the audit of its financial statements and selection of an independent accountant.”

“Net operating loss carryover due to the covid-19 pandemic, the corporation had no unrelated business activity during the fiscal year ending 5/31/2021. It is expected that catering services will continue in the future. Form 990-t: carryforward from 5-31-20 = $801,480 nol 5-31-21= 0 carryforward to 5-31-22= $801,480 form ct-13: carryforward from 5-31-20 = $801,480 nol expired= 0 nol 5-31-21 0 carryforward to 5-31-22= $801,480”