Geneva College

“The executive committee consists of the three officers of the board of trustees (chair, vice chair and secretary) along with all standing board of trustee committee chairs. The executive committee is empowered to act as necessary on behalf of the board of trustees when it is not in session. Unless vetoed by the board of trustees at its next meeting, all actions of the executive committee are valid and binding actions of the board of trustees. All executive committee members are also members of the board of trustees.”

“The reformed presbyterian church of north america (rpcna) elects a board of corporators, and one of the roles of the board of corporators is to elect the board of trustees and give final approval for the election of the president of the college. Six trustees shall serve as both corporators and trustees concurrently. At least 11 of the 21 members of the board of trustees must come from the membership of the rpcna.”

“Geneva college is governed by the reformed presbyterian church of north america (rpcna). The rpcna elects a board of corporators, and one of the roles of the board of corporators is to elect the board of trustees and give final approval for the election of the president of geneva college. Six of the corporators are also members of the board of trustees of geneva college.”

“Geneva college is a christian institution of higher education operated by a board of trustees, but governed by a board of corporators.”

“The form 990 is reviewed by the controller and the vp of business & finance. The form 990 is also reviewed, discussed and approved by the business and operations committee of the board of trustees. The form 990 is made available to all of the board of trustees members prior to e-filing with the internal revenue service.”

“The administrative assistant of the president collects and reviews all of the conflict of interest statements completed by the board of trustees and maintains a checklist to ensure that she receives all of them. She then documents any disclosures made and forwards this document to the executive committee of the board of trustees for their review.”

“President/ceo - the committee on the president established a compensation target of the 60th percentile of the council for christian colleges & universities (cccu) schools for the president after reviewing data provided by the college's compensation consultant. The committee makes recommendations to adjust the presidents compensation periodically in regards to compensation data and established targets. The president's performance and the college's financial position were all factored into the committee's recommendation to the board of trustees. Top mgmt/other officers/key employees - for the vice president of business & finance, vice president of academic affairs, vice president of advancement, vice president of student development and vice president of information technology services, the director of human resources provides compensation data to the president on the relative place of each position within its pay range. Pay ranges are established based on benchmarks to survey data using the percentile of cccu schools reported in the survey. The director of human resources participates in and has access to a compensation survey with other christian colleges through the college and university professional association for human resources (cupa) data on demand feature. The benchmark chosen is the 60th percentile of cccu schools. The president considers the previous year's performance and goal attainment in making compensation adjustments (using a similar raise matrix used for other staff employees which establishes a general raise range parameter based on performance rating and pay range penetration). He also considers the responsibilities and projects accomplished and new duties assumed in the previous year. The president informs the director of human resources of the appropriate changes to executive compensation. The president may also direct the director of human resources to pay relatively small performance bonuses from time to time. For positions such as deans and associate vice presidents for the functional areas of the college, the process for establishing pay (and pay increases) is the same as above except that the decision maker for these positions rest with their respective supervisor.”

“Geneva college makes its governing documents, conflict of interest policy statement and financial statements available for public inspection upon request and through its own website.”

“Change in annuities and life income trusts -1,865.”

“The college's financial statements are audited by an independent accounting firm. In addition, the organization has a committee that assumes the responsibility for oversight of the audit of its financial statements and its selection of the independent accountant. This process has not changed from the prior year.”

“The college publicizes its racially nondiscriminatory policy on its website, which is the most important vehicle for providing information about the institution to prospective students as well as other constituents such as current students, faculty, staff, parents, alumni and supporters. It also includes its nondiscriminatory policy in the college handbook, catalog, and on all applications for enrollment in all of its programs traditional undergraduate, adult degree and graduate programs. If prospective students or interested parties are searching for information about enrollment at the college through the website, through enrollment staff or through the electronic or written application process, they will be informed of the racially nondiscriminatory policy of geneva college.”