Miami International University of Art & Designllc

“The member has the power to appoint members of the organizations governing body, but grants the organizations governing body the general authority to conduct the business operations of the organization.”

“The member has the power to appoint members of the organizations governing body.”

“The member grants the organizations governing body the general authority to conduct the business operations of the organization.”

“Form 990 will be reviewed by the board chair prior to filing.”

“Each director , principal officer, and member of a committee with governing board delegated powers should annually sign a statement which affirms that person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands that the organization is charitable and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews of employee compensation and vendor payments should be conducted at least annually.”

“The board develops the compensation arrangements for chief employed executives. The arrangements are reviewed and approved by the board or delegated committee of the board. The process utilizes impartial decision makers, comparability data, and concurrent documentation in setting compensation.”

“The board develops the compensation arrangements for officers and key employees. The arrangements are reviewed and approved by the board or delegated committee of the board. The process utilizes impartial decision makers, comparability data, and concurrent documentation in setting compensation.”

“The organizations governing documents, conflict of interest policy, and financial statements are made available upon request.”

“On september 22, 2023, the institution announced that it ceased all enrollments and all future classes were cancelled. The institution permanently closed on september 30, 2023. The institution had staff through the end of 2023 to assist students affected by closure.”

“Collections-related expenses 242,591 consulting expenses 4,283 bank fees 835 total expenses 247,709”

“Form 990, part iii, line 1, description of organization mission: miami international university of art&design is a multi-campus, career-oriented institution that provides students with academic preparation and practical skills through programs in the applied arts and design industries. The institution prepares its undergraduate students for entry0level positions and its graduate students for advancement in their chosen fields. The university is dedicated to fostering a culture that encourages creativity, research, and learning-centered endeavors.”

“Form 990, part v, lines 2a & 2b: the w-2s for employees of the entity are issued by g&a outsourcing, llc as a professional employer organization (peo) - a professional employer organization (peo). A peo provides outsourcing of payroll, workers compensation, human resources and employee benefits administration by hiring a client companys employees, thus becoming their employer of record, and leasing these employees back to the client. This practice is known as co-employment, employee leasing, or staff leasing. The employees of the organization are reported as employees of the peo on the official payroll tax returns.”