Boricua College

“The form 990 is prepared by a CPA firm with professional experience in the completion of the form. it is then reviewed and approved by the School prior to submission to the Department of the Treasury.”

“the organization has a special committee which is responsible for hiring of executive officers. Compensation packages are established on comparability and other factors and are reviewed and approved annually during the approval of the budget by the board.”

“the organization provides the information upon request”

“The School has a conflict of interest policy to prevent the personal interest of Board members from interfering with the performance of their duties to the college, or the result in personal financial, professional, or political gain at the expense of the college. Board members are required to disclose in writing any conflicts of interest to the Executive Committee.”

“The School's Whistleblower Policy is intended to encourage employees to raise serious concerns with the School prior to seeking resolution outside the agency. The policy encourages employees to share questions, concerns, suggestions or complaints with someone who can address them properly. In most cases, an employee's primary supervisor is in the best position to address an area of concern. However, if an employee is not comfortable speaking with her/his supervisor or is not satisfied with the supervisor's response, is encouraged to speak with her/his senior manager. Senior managers are required to report suspected violations to BC's Compliance Officer, who has specific and exclusive responsibility to investigate all reported violations.”

“The college recorded a prior prior adjustment for value of land transferred to the college which was not recorded at the date of the transfer. Additionally, there were other receivables and payables from agreements signed at the time of the New Bronx Campus project inception that were required to be recorded. The total net adjustment to the net assets at July 1, 2013 was $14,135,335.”