Regis University

“Form 990 review process: the form 990 is prepared by a third party. A copy of the tax return is emailed to the audit and risk committee of the board for review before filing with the irs.”

“Conflict of interest policy: legal counsel for the university sends the conflict of interest policy to trustees, officers, key employees and managers requesting their signature on a form that indicates what conflicts of interests each may have and that they understand the policy. If a situation arises that could present a conflict of interest, the interested party shall make full disclosure of the relevant information to the university's general counsel. Upon the disclosure of a potential conflict, the person to whom the disclosure is made shall review the disclosure, determine the facts, and make an initial determination as to whether a conflict exists. If the reviewer determines that there is a conflict, the interested party must refrain from attending and participating in the deliberation and voting on those matters regarding which the interested party is involved in a conflict of interest, both at meetings of the board of directors and at any other decision-making body, committee, or division participating in the respective transaction or decision.”

“Compensation of the top management official: the president of regis university's compensation and benefits are determined by the board of trustees which is contemporaneously documented. Comparability data is derived from a sample of other universities and employee compensation and benefit specialists. Compensation of other officers and key employees: compensation of other officers and key employees is established through either a compensation committee of the board or a staffing committee with consultation from the central human resources department which is contemporaneously documented. Comparability data is derived from a sample of other universities and employee compensation and benefits specialists. The compensation committee of the board of trustees reviews executive compensation annually or as new senior leadership team members are on-boarded.”

“Documents available to the public: the organization's financial statements, conflict of interest policy, and governing documents are made available to the public upon request.”

“Contracted services: program service expenses 14,132,778. Management and general expenses 4,820,302. Fundraising expenses 0. Total expenses 18,953,080. Guest lecturer: program service expenses 74,839. Management and general expenses 0. Fundraising expenses 0. Total expenses 74,839. Billing services: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000.”

“Change in value of split interest trust agreement 24,215.”