Parker University

“The university's form 990 will be sent to the board at least 30 days before filing. Each member will be instructed to review and forward any questions or concerns to university management.”

“Bylaws prohibit the trustees from participating in decisions when they have a conflict of interest. The employee handbook applies to all employees and prohibits contracts between the university and any firm or individual in which an employee has a material financial interest. To monitor the presence of any conflicts, the trustees, the president, the vice presidents, the general counsel, department directors, and employees in purchasing and financial aid must annually complete a form to disclose any conflict of interest. Employment agreements also require that some employees 1) disclose conflicts of interest and 2) refrain from participating in decisions concerning that subject. The disclosure forms of trustees are reviewed by the general counsel. The disclosure forms of employees are reviewed by the director of human resources. If additional action is necessary to evaluate the conflict or to prevent that trustee or employee from participating in decisions involving that conflict of interest, the director of human resources may seek assistance from the vice president of business or the general counsel. If necessary, the vice president or general counsel may seek assistance from the president or the chair of the board.”

“Compensation for the president of the university is determined by the board of trustees. The presidential review committee works with an independent consultant and makes a recommendation to the entire board. The last independent review as outlined by the criteria was conducted in 2012. Compensation for executive members of the university has historically been conducted at the same time the president's compensation is reviewed. The last independent review as outlined by the criteria was conducted in 2012.”

“Governing documents, conflict of interest policy and financial statements are not available to the public.”

“Consultants: program service expenses 200,845. Management and general expenses 333,230. Fundraising expenses 0. Total expenses 534,075.”