Saint Michaels College Fire and Rescue Inc.

“Part iii, line 1: students at saint michael's college have many opportunities to come face to face with "real-world" problems and challenges. The firefighters and ambulance personnel of the fire and rescue squad regularly face those that are literally a matter of life and death. At saint michael's college, the fire and rescue squad is an independent volunteer organization of young men and women students. In addition to their academic and extracurricular responsibilities, they have taken on the critical responsibility of serving the public by providing fire protection and emergency medical treatment, not only on campus but also throughout a broad area of vermont's most populous county. With the dedication and support of the saint michael's students, alumni, and staff volunteers, their service has continued 24 hours a day, 365 days a year, since 1969. Saint michael's rescue responds to more than 2500 calls annually involving respiratory and cardiac emergencies, motor vehicle accidents, and more. As vermont-certified emergency medical technicians, students provide the same responsible and professional care that you would expect from any ambulance service anywhere in the country. The fire unit responds to an average of 650 emergency calls per year, including structure fires, car fires, car accidents, fire alarms, and carbon monoxide alarms. As one of the first college-affiliated fire departments in new england, saint michael's fire department has been a model for colleges nationwide.”

“Part vi, section a, line 6 & 7a: saint michael's college is the sole member of saint michael's college fire and rescue, inc. Saint michael's college appoints four members to the saint michael's college fire and rescue, inc. Board of directors; these members serve as employees and/or trustees of the college.”

“Part vi, section b, line 11a: the tax return information is gathered by the treasurer and used to populate the form 990 in conjunction with kpmg, llp, independent tax consultant. Irs form 990 was provided to the board in advance, and there was an opportunity for board members to ask questions of the treasurer prior to filing.”

“Part vi, section b, line 12c: board members sign conflict of interest statements annually, assuring that they have no conflict of interest, or disclosing any such conflicts, in accordance with the conflict of interest policy as described in section 2.7 of the organization's bylaws. These statements are reviewed by the secretary at the time of filing, who notes any conflicts identified and brings such to the attention of the full board. In practice, no board member votes on any matter under consideration at a board meeting in which such board member has a conflict of interest. The minutes of such meetings would reflect that a disclosure was made and that the individual recused him/herself from the vote.”

“Part vi, section b, lines 15a and 15b: saint michael's college fire and rescue does not compensate officers, management officials or key employees. Their compensation is set by saint michael's college, a related organization, under their policies and procedures. The college complies with the three requirements of the rebuttable presumption standard, as outlined in treasury regulations section 53.4958-6: (1) executive compensation is authorized by an independent committee of the board of directors, (2) the committee authorizing executive compensation obtains and relies on appropriate data as to comparability prior to making determinations, and (3) the committee adequately documents the basis for determinations concurrently with making the determinations.”

“Part vi, section c, line 19: saint michael's college fire and rescue's form 990 is available at guidestar.org and upon request.”

“Part xii, line 2c: saint michael's college fire and rescue is covered by a consolidated audit under the umbrella of saint michael's college. St. Michael's college has a committee that assumes responsibility for oversight of the audit and review of the consolidated financial statements and the selection of an independent accountant.”

“Part xii, line 3a: saint michael's college fire and rescue is covered by a consolidated audit under the umbrella of saint michael's college, which also undergoes an audit in accordance with omb circular a-133.”