University of Saint Mary Inc

“The executive committee of the board annually evaluates the president's performance, and periodically reviews comparable data and makes a recommendation for approval by the full board. The president's compensation is paid to her religious order. The president annually evaluates all the officers' performance, reviews comparable data and sets compensation for the officers.”

“PRESIDENT SISTER DIANE STEELE - Business relationship, SISTER JEAN PANISKO - Business relationship, MELISSA CARMADO - Business relationship”

“Sisters of charity of leavenworth, inc. (scl), a kansas not-for-profit corporation, is the sole member of university of saint mary, inc. (usm).”

“Sisters of charity of leavenworth, inc., being the sole member of university of saint mary, inc., has the right to appoint the board.”

“The corporate bylaws of university of saint mary, inc. (usm) identifies certain rights and powers reserved for sisters of charity of leavenworth, inc. (scl), the sole member. The rights and powers reserved for scl are as follows: (a) change the mission, purpose, or philosophy of the corporation; (b) amend or revoke the articles of incorporation and/or the bylaws of the corporation; (c) appoint the board of trustees of the corporation; (d) appoint, or remove from office, the president of the college; (e) approve the appointment of such other administrative officers as shall be designated in the bylaws; (f) appoint the accounting and auditing firms of the corporation; (g) approve operating and capital budgets; (h) borrow money for capital needs of the corporation, issue notes or bonds, accept major grants, or other evidence of indebtedness or obligation of the corporation; (i) dissolve the corporation; or merge, consolidate, or otherwise restructure the corporation with any other legal entity.”

“An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The 990 is then provided to the audit committee of the board for their review. Any questions or concerns the audit committee have are addressed and any corrections or clarifications that need to be made are made. The final form 990 with all required schedules is provided to all voting members of the board prior to filing the 990.”

“Board members, officers and key employees are required to complete a conflict of interest disclosure annually. The audit committee determines if an actual conflict exists. If a conflict exists, the individual(s) with the conflict abstains from voting.”

“The organization's governing documents, conflict of interest policy and financial statements are available on request.”

“President sister diane steele - business relationship sister jean panisko - business relationship melissa carmado - business relationship”

“CHANGE IN BENEFICIAL INTEREST - 600699; CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS - -48192; Total - 552507;”