Queens College Auxiliary Enterprises Corporation

“The auxiliary's board of directors includes student representatives. Students attending queens college elect the student representatives to sit on the board.”

“A draft was issued to the governing body to review before filing the forms.”

“The auxiliary operates under the conflict of interest policy of its parent organization, queens college of the city of new york. Each officer, director, trustee, and key employee of the college is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the college. The college monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately.”

“None are paid by the auxiliary; compensation is in accordance with cuny compensation policies.”

“The organization makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents, and conflict of interest policy will be available to the public upon request and at management's discretion.”

“The auxiliary does not compensate any individuals reported in part vii of the form 990. All compensation is paid by a related organization, queens college of the city of new york. The auxiliary reimburses queens college for the salaries and wage expenses reported on part ix, line 7 of form 990. Queens college is a municipal employer and all salaries are governed by contracts negotiated between the state, new york city and trade and municipal unions.”

“Institutional initiatives: program service expenses 194,101. Management and general expenses 0. Fundraising expenses 0. Total expenses 194,101. Miscellaneous: program service expenses 180,821. Management and general expenses 5,602. Fundraising expenses 0. Total expenses 186,423.”

“No changes have taken place during the fiscal year ended june 30, 2016.”

“The auxiliary receives certain professional services of personnel employed by queens college. These donated services are not included in revenue and expenses on the form 990, but represent a reconciling item on the schedule d financial statement reconciliation.”