Sullivan County Community College

“The form 990 is prepared by an outside accounting firm, reviewed by the controller, and sent electronically to the organization's board members for comment. Any comments are then grouped, summarized, and provided to the outside accountant to be addressed prior to the tax return being finalized and approved for filing.”

“Each director, principal officer and member of a committee with board- delegated powers shall annually sign a statement which affirms that such person: has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy. In connection with any actual or possible conflicts of interest, any interested person must disclose the existence of his or her financial interest and all material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the members decide if a conflict of interest exists. If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the response from the member and making such further investigation as may be warranted under the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The organization's form 990 and the audited financial statements are made available for public inspection as required under section 6104 of the internal revenue code. They are posted on the new york state attorney general website, guidestar.org and other similar types of websites. In addition, the conflict of interest policy, articles of incorporation and by-laws are also available upon written request to 112 college road, loch sheldrake, ny 12759 or by calling the organization directly at 845-730- 3181.”