Thomas More University Inc

“Board members marc neltner and marna zalla are family members. Board member garren colvin is the vp & coo of st. Elizabeth's hospital which provides services to the tmc nursing school. Board member sarah giolando is a colleague of garren colvin's at st. Elizabeth hospital. The husband of board member jeanne-marie tapke is an officer at the bank of kentucky which does business with tmc. Board member john hodge is majority owner of century construction who performs work for tmc.”

“4th street serves as the investment advisor for thomas more for their endowment.”

“New trustees are elected by the board of trustees, and then approved by the bishop, rev. Roger j. Foys.”

“New trustees are elected by the board of trustees, and then approved by the bishop, rev. Roger j. Foys.”

“The 990 is submitted to the finance committee for review and approval, and once approved, it is forwarded to the board for them to review prior to filing.”

“Thomas more college receives an updated conflict of interest form from the entire board.”

“The vice presidents each prepare an assessment of their performance based on goals set the prior year. This assessment is provided to the president. The president prepares his assessment. These assessments are discussed with the board committee chairs with whom each vice president interacts as well as the board chair. Compensation is then determined. The president's compensation is determined by the board after a similar process. The college routinely monitors how thomas more college salaries compare to peer institutions. This information is kept as a target to insure that tmc salaries remain competitive with peer institutions.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Ipd service fee: program service expenses 1,224,300. Management and general expenses 875,700. Fundraising expenses 0. Total expenses 2,100,000. Services: program service expenses 1,201,516. Management and general expenses 2,674,061. Fundraising expenses 7,730. Total expenses 3,883,307.”

“Change in fmv of interest rate swap 38,188. Rounding 3.”

“The college's finance committee is responsible for the oversight of the audit of its financial statements. This process has not changed from the prior year.”