2017-11-10T16:32:27-06:00 2017-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2016-07-01 042104451 REGIS COLLEGE REGI 7817687075 235 WELLESLEY STREET WESTON MA 02493 THOMAS PISTORINO VP OF FINANCE & BUSINESS 7817687075 2017-11-10 1 THOMAS A WASHBURN CPA P00537319 5083669100 2017-11-10 64.238.141.162 2017-11-10 17:06:22 ES P 0CCF3F9ED5B5EB81A7E8DE9351DCD6BA8769B338 E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE 2016 2017-02-10 21:41:12Z THOMAS PISTORINO 235 WELLESLEY STREET WESTON MA 02493 77158904 0 X WWW.REGISCOLLEGE.EDU X 1927 MA REGIS COLLEGE EDUCATES APPROXIMATELY 2,070 UNDERGRADUATE AND GRADUATE STUDENTS IN DAYTIME, EVENING, AND WEEKEND PROGRAMS IN TWO SCHOOLS; THE SCHOOL OF NURSING, SCIENCE AND HEALTH PROFESSIONS AND THE SCHOOL OF LIBERAL ARTS, EDUCATION AND SOCIAL SCIENCE, AND CONTINUING STUDIES FOR ADULT LEARNERS. THE COLLEGE OPERATES A LIBRARY, FINE ARTS CENTER, LANGUAGE AND TECHNOLOGY LABS, AUDIO VISUAL SERVICES, HEALTH CENTER, ADMISSION, CAREER PLANNING, CAMPUS SAFETY, TRANSPORTATION, CAMPUS MINISTRY, INTER-COLLEGIATE ATHLETICS, REGISTRATION SERVICES, DINING, RESIDENT HALLS, CHILDRENS LEARNING CENTER, BOOKSTORE, AND A VARIETY OF OTHER STUDENT SERVICES. 28 27 1126 40 0 0 3542128 7306650 66211886 67232997 384115 406354 493159 692305 70631288 75638306 20959652 21186587 0 0 30215018 34707253 157727 86803 2045438 18439802 20598313 69772199 76578956 859089 -940650 103251546 109865203 62652848 66923452 40598698 42941751 X REGIS COLLEGE, THROUGH EDUCATION IN THE ARTS, SCIENCES, AND PROFESSIONS EMPOWERS WOMEN AND MEN TO CHALLENGE THEMSELVES ACADEMICALLY, TO SERVE AND TO LEAD. A CATHOLIC COLLEGE, REGIS IS A DIVERSE AND WELCOMING COMMUNITY GUIDED BY THE VALUES OF THE SISTERS OF ST. JOSEPH OF BOSTON. 0 0 19274127 56293660 INSTRUCTION: KNOWLEDGE GENERATION AND THE DELIVERY OF EDUCATION TO APPROXIMATELY 1750 UNDERGRADUATE AND GRADUATE STUDENTS IN DAYTIME, EVENING, AND WEEKEND PROGRAMS IN TWO SCHOOLS; THE SCHOOL OF NURSING, SCIENCE AND HEALTH PROFESSIONS AND THE SCHOOL OF LIBERAL ARTS, EDUCATION AND SOCIAL SCIENCE. INSTRUCTION IN CONTINUING STUDIES FOR ADULT LEARNERS AND LIFELONG LEARNING. 5962031 ACADEMIC AFFAIRS-OPERATING THE LIBRARY, FINE ARTS CENTER, LANGUAGE AND TECHNOLOGY LABS, PROVIDING AUDIO VISUAL SERVICES TO PROFESSIONAL STUDIES, NURSING, UNDERGRADUATE, GRADUATE AND CONTINUING STUDIES FOR APPROXIMATELY 1750 STUDENTS. 9933351 STUDENT AFFAIRS-PROVIDE HEALTH SERVICES, ADMISSIONS, CAREER PLANNING, CAMPUS SAFETY AND TRANSPORTATION,CAMPUS MINISTRY, INTER-COLLEGIATE ATHLETICS AND REGISTRATION SERVICES FOR APPROXIMATELY 1750 STUDENTS 3936418 AUXILIARY ENTERPRISES-PROVIDE DINING SERVICES, RESIDENTIAL HALL SERVICES, CHILDREN'S LEARNING CENTER,BOOKSTORE SERVICES, TELECOMMUNICATIONS SERVICES FOR APPROXIMATELY 2000 STUDENTS. 21186587 21186587 10939337 OTHER PROGRAM SERVICES-SCHOLARSHIP AND GRANTS TO APPROXIMATELY 2,000 STUDENTS. 25123005 21186587 10939337 60292514 1 1 0 0 0 0 0 0 1 1 1 0 1 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 108 0 1 1126 1 0 0 0 0 0 1 1 0 0 0 X 28 27 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 MA MI NH NY OR SC X X THOMAS PISTORINO 7817687075 235 WELLESLEY STREET WESTON MA 02493 MICHAEL J HALLORAN TREASURER 1.00 X X 0 0 0 SISTER LEILA HOGAN CSJ SECRETARY 1.00 X X 0 0 0 JOHN TEGAN JR CHAIR 1.00 X X 0 0 0 SISTER MAUREEN DOHERTY CSJ BOARD OF TRUSTEES 1.00 X 0 0 0 RUTH SANDERSON KINGSBURY BOARD OF TRUSTEES 1.00 X 0 0 0 SISTER MARIAN BATHO CSJ BOARD OF TRUSTEES 1.00 X 0 0 0 SISTER KATHLEEN MCCLUSKEY CSJ BOARD OF TRUSTEES 1.00 X 0 0 0 JOAN SHEA BOARD OF TRUSTEES 1.00 X 0 0 0 JANE TEDDER BOARD OF TRUSTEES 1.00 X 0 0 0 GLENN MORRIS BOARD OF TRUSTEES 1.00 X 0 0 0 SISTER JACQUELYN MCCARTHY BOARD OF TRUSTEES 1.00 X 0 0 0 MEYER CHAMBERS BOARD OF TRUSTEES 1.00 X 0 0 0 JOE-ANN FERGUS BOARD OF TRUSTEES 1.00 X 0 0 0 JOHN A LIBERTINO MD BOARD OF TRUSTEES 1.00 X 0 0 0 EILEEN NG BOARD OF TRUSTEES 1.00 X 0 0 0 SISTER ROSEMARY BRENNAN CSJ BOARD OF TRUSTEES 1.00 X 0 0 0 ANITA BRENNAN BOARD OF TRUSTEES 1.00 X 0 0 0 PETER LANGENUS BOARD OF TRUSTEES 1.00 X 0 0 0 HANS CHRISTENSEN BOARD OF TRUSTEES 1.00 X 0 0 0 SISTER MARY ANNE DOYLE CSJ BOARD OF TRUSTEES 1.00 X 0 0 0 CAMILLE FERAZZI BOARD OF TRUSTEES 1.00 X 0 0 0 MARY ANN W LEWIS BOARD OF TRUSTEES 1.00 X 0 0 0 THOMAS P O'NEILL III BOARD OF TRUSTEES 1.00 X 0 0 0 SABINA T HERLIHY BOARD OF TRUSTEES 1.00 X 0 0 0 KATHLEEN JOSE BOARD OF TRUSTEES 1.00 X 0 0 0 ANTOINETTE HAYS PRESIDENT 40.00 X X 347195 0 122487 THOMAS PISTORINO VP OF FINANCE & BUSINESS 40.00 X 200991 0 18904 KARA KOLOMITZ VICE PRESIDENT STUDENT AFFAIRS 40.00 X 175722 0 5622 MALCOLM ASADOORIAN VICE PRESIDENT ACADEMIC AF 40.00 X 159588 0 8187 DIANNA JONES DIRECTOR OF REGIS COMMUNITY HEALTH SERVICES 40.00 X 132948 0 3746 MIRIAM SHERMAN CHIEF DEVELOPMENT OFFICER 40.00 X 158675 0 4481 DIANE WELSH ACTING DEAN, SCHOOL OF NURSING 40.00 X 130144 0 5178 1305263 0 168605 24 0 1 0 SUFFOLK CONSTRUCTION 65 ALLERTON STREET BOSTON MA 02119 CONSTRUCTION SERVICES 2509863 ARAMARK CORPORATION PO BOX 906023 CHARLOTTE NC 28290 FOOD SERVICE 2419177 WRIGHT EXPRESS FINANCIAL SERVICES 33548 TREASURY CENTER CHICAGO IL 60694 CREDIT CARD SERVICES 1276167 AMERICAN GREEN BUILDING CONSTRUCTION SER PO BOX 365558 HYDE PARK MA 02136 MAINTENANCE/CONSTRUCTION SERVICES 424295 BR JONES ROOFING CO PO BOX 175 WINNICUTT ROAD STRATHAM NH 03885 ROOFING CONSTRUCTION 259090 13 727319 268809 6310522 217108 7306650 TUITION AND FEES 900099 56293660 56293660 AUXILIARY ENTERPRISES 900099 10939337 10939337 67232997 374657 374657 2118112 1259172 858940 858940 858940 67013 35316 31697 31697 31697 59475 727319 226110 -166635 -166635 75638306 67232997 0 1098659 21186587 21186587 691884 691884 27010839 20778893 5281395 950551 471865 338695 115213 17957 4513731 3338063 1078023 97645 2018934 1540230 409344 69360 106418 106418 136574 136574 86803 86803 60109 60109 2078544 706651 1371893 335923 280270 55553 100 936998 711185 101089 124724 464356 334845 120369 9142 3746661 2626110 984427 136124 698720 606871 41383 50466 164492 141457 21803 1232 1888300 1323602 495639 69059 3578569 2508394 939299 130876 245208 245208 MISCELLANEOUS 2161373 1024018 961279 176076 FOOD SERVICE 1926597 1844846 81751 SPECIAL PROGRAMS 1038281 523550 416595 98136 EQUIPMENT RENTAL AND MA 752932 318643 434289 278258 159604 91467 27187 76578956 60292514 14241004 2045438 86477 160030 2149422 2576212 4204151 7345947 2411545 2549320 2017876 2018347 119508022 66537493 54948042 52970529 18727057 21517219 17100000 18800000 1606976 1927599 103251546 109865203 3351297 3441155 2016322 2898744 48924056 47557442 5000000 9480911 3361173 3545200 62652848 66923452 X 19566971 16780317 6566810 6961483 14464917 19199951 40598698 42941751 103251546 109865203 X -940650 1583703 1700000 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 17206 3 16819 390 0 33612944 4745034 3352029 386998 41323009 33669667 186620 138935 382278 33612944 32099980 1046284 939708 416305 33669667 31672196 41726 832102 446044 32099980 14153144 55026 17871003 406977 31672196 0.45500 0.46500 0.08000 0 0 522323 522323 42219148 16787014 25432134 54835293 32592899 22242394 16468578 14275748 2192830 5462680 2881832 2580848 52970529 LAND HELD FOR INVESTMENT - BOARD DESIGNATED FOR ENDOWMENT 18800000 F 18800000 ADVANCES FOR FEDERAL STUDENT LOANS 2364400 ANNUITY PAYMENT LIABILITY 191158 DEPOSITS HELD FOR OTHERS 164952 DEPOSITS & OTHER LONG TERM PAYABLES 824690 3545200 X 59220704 1583703 -19486587 -17902884 77123588 -1485282 -1485282 75638306 56877651 1485282 1485282 55392369 21186587 21186587 76578956 PART IV, LINE 1B: THE COLLEGE ACTS AS FISCAL AGENT FOR A BOSTON AREA SCHOOL IN ACCORDANCE WITH ITS CONTRACT WITH THE BOSTON PUBLIC SCHOOLS. THE COLLEGE RECEIVES AND DISBURSES FUNDS ON BEHALF OF THIS ORGANIZATION. PART V, LINE 4: ENDOWMENT FUNDS ARE CATEGORIZED INTO THREE AREAS, FINANCIAL AID, INSTITUTIONAL AND LAND HELD FOR INVESTMENT. THE COLLEGE USES THE ANNUAL SPENDING RATE ON THE FINANCIAL AID FUNDS TO PROVIDE SCHOLARSHIPS TO STUDENTS THAT MEET THE REQUIRED CRITERIA. THE COLLEGE USES THE SPENDING RATE ON THE INSTITUTIONAL FUNDS FOR GENERAL OPERATIONAL SPENDING. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS -21,186,587. ADJUSTMENT TO CARRYING VALUE OF INVESTMENT IN LAND 1,700,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSES NETTED WITH REVENUE -1,259,172. SPECIAL EVENTS DIRECT EXPENSE NETTED WITH REVENUE -226,110. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES NETTED WITH REVENUE 1,259,172. SPECIAL EVENTS DIRECT EXPENSE NETTED WITH REVENUE 226,110. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND GRANTS 21,186,587. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THROUGH ADVERTISEMENT IN GENERAL CIRCULATION NEWSPAPERS, JOURNALS, CATALOG OFFERS, NATIONAL COLLEGE & UNIVERSITY PUBLICATIONS AND OTHER MEANS. ALSO, PROGRAMS INCLUDE IN THEIR SOLICITATION MATERIAL, A SUMMARY STATEMENT OF THE NON-DISCRIMINATION POLICY. SCHEDULE E, PART I, LINE 6 REGIS COLLEGE RECEIVES AND PARTICIPATES IN VARIOUS GOVERNMENTAL FINANCIAL ASSISTANCE PROGRAMS COMMON TO COLLEGES AND UNIVERSITIES SUCH AS; NATIONAL DIRECT STUDY LOAN PROGRAM, BASIC EDUCATIONAL OPPORTUNITY GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, AND WORK STUDY PROGRAMS. NO FUNDS HAVE BEEN REVOKED OR SUSPENDED AT ANY TIME. HAITI PROGRAM SERVICES TRAVEL ASSISTANCE 30181 0 0 0 0 0 0 30181 0 30181 0 0 0 0 0 0 X X X X X X X 1 DEVELOPMENT GUILD 233 HARVARD STREET SUITE 107 BROOKLINE MA 02446 CONSULTING 0 0 75436 -75436 75436 -75436 MA GOLF TOURNAMENT 39185 29210 9975 6958 4000 945 GALA 747609 698109 49500 17290 43158 1800 151959 786794 727319 59475 24248 47158 1800 152904 226110 -166635 1 ALUMNI SCHOLARSHIP : FINANCIAL AID 99 194000 FMV SCHOLARSHIP ANNIVERSARY SCHOLARSHIP : FINANCIAL AID-UG 182 2324840 FMV SCHOLARSHIP ENDOWED SCHOLARSHIPS : GENERAL 136 386998 FMV SCHOLARSHIP HEALTH ADMINISTRATION SCH : FINANCIAL AID 10 50000 FMV SCHOLARSHIP JONAS SCHOLARS PROGRAM :GENERAL 2 5140 FMV SCHOLARSHIP LLARC SHARING OPS SCHOLARSHIP : GENERAL 1 7000 FMV SCHOLARSHIP MASSACHUSETTS U-PLAN : FINANCIAL AID-UG IN 3 1368 FMV SCHOLARSHIP MJE SCHOLARSHIP : GENERAL 2 20000 FMV SCHOLARSHIP NURSING GRADUATE ASSISTANCESHIP : FINANCIA 49 247833 FMV SCHOLARSHIP OCCUPATIONAL THERAPY SCHOLARSH : FINANCI 3 7500 FMV SCHOLARSHIP OUT OF STATE ROOM SCHOLARSHIP : FINANCIA 377 1770875 FMV SCHOLARSHIP REGIS GRANTS : FINANCIAL AID NT INTERNAL 866 7547156 FMV SCHOLARSHIP S. JOHN SULLIVAN SCHOLARSHIPS : GENERAL 1 2500 FMV SCHOLARSHIP SCHRAFFTS BOSTON : FINANCIAL AID 7 23000 FMV SCHOLARSHIP SHARING OPPORTUNITIES : GENERAL 2 33613 FMV SCHOLARSHIP SIBLING DISCOUNT : FINANCIAL AID-UG INTERN 25 62500 FMV SCHOLARSHIP SR. J. D'ARC MERIT SCHOLARSHIP : FINANCIAL AID 273 4089375 FMV SCHOLARSHIP SR. T. HIGGINS CSJ SCHOLARSHIP: FINANCIAL AID 111 1863151 FMV SCHOLARSHIP STACY STOTT SCHOLARSHIP : GENERAL 2 1250 FMV SCHOLARSHIP THE KANEB SCHOLARS PROGRAM : GENERAL 3 5200 FMV SCHOLARSHIP TOWER SCHOLARSHIP : FINANCIAL AID-UG INTER 190 2365800 FMV SCHOLARSHIP TUITION DISCOUNTS : GENERAL 57 177488 FMV SCHOLARSHIP PART I, LINE 2: THE COLLEGE COMPLIES WITH THE U.S. DEP. OF EDUCATION POLICY REGARDING TITLE IV FUNDS AND OTHER GRANT AWARDS. THE COLLEGE HAS DEDICATED INDIVIDUALS PERFORM THE WORK OUTLINED IN THE SCOPE OF THE GRANT. THESE INDIVIDUALS ARE CLASSIFIED AS FINANCIAL AID PROFESSIONALS AND GRANT ADMINISTRATORS WHO WORK IN CONJUNCTION WITH FINANCE PROFESSIONALS TO ENSURE PROPER STEWARDSHIP OF FUNDS. THESE INDIVIDUALS FOLLOW THE STATUTORY AND REGULATORY REQUIREMENTS SET FORTH IN THE GRANT. FUNDS ARE DRAWN AFTER EXPENSES ARE INCURRED. PROGRESS REPORTS ARE SUBMITTED IN COMPLIANCE WITH THE GRANT REQUIREMENTS AND DOCUMENTATION IS MAINTAINED. X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ANTOINETTE HAYS PRESIDENT 337595 0 0 0 9600 0 88667 0 33820 0 469682 0 0 0 THOMAS PISTORINO VP OF FINANCE & BUSINESS 200991 0 0 0 0 0 4788 0 14116 0 219895 0 0 0 KARA KOLOMITZ VICE PRESIDENT STUDENT AFFAIRS 175722 0 0 0 0 0 3573 0 2049 0 181344 0 0 0 MALCOLM ASADOORIAN VICE PRESIDENT ACADEMIC AF 159588 0 0 0 0 0 4086 0 4101 0 167775 0 0 0 MIRIAM SHERMAN CHIEF DEVELOPMENT OFFICER 158675 0 0 0 0 0 3569 0 912 0 163156 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2013-06-13 50000000 CONSTRUCTION AND RENOVATION UNDER MASTER PLAN 0 0 0 A 2194266 50000000 1000000 98200 23549823 25351977 2016 0 0 1 0 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 X 14 217108 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: REGIS COLLEGE UTILIZES A BROKER TO SELL DONATED STOCK. FORM 990, PART VI, SECTION A, LINE 6 THE BY-LAWS OF THE CORPORATION PROVIDE FOR BETWEEN FIVE AND NINE MEMBERS. AT LEAST FIVE MEMBERS SHOULD BE MEMBERS OF THE CONGREGATION OF THE SISTERS OF SAINT JOSEPH OF BOSTON. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION ELECT MEMBERS OF THE GOVERNING BOARD OF TRUSTEES TO THE COLLEGE. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE CORPORATION APPROVE CHANGES TO BY-LAWS AND THE SALE OR DISPOSITION OF REAL ESTATE. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARER OF THE 990 WILL PRESENT A COPY OF THE FORM TO THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE HAS A SINGLE COMBINED WRITTEN DOCUMENT FOR CONDUCT, ETHICS, CONFLICT OF INTEREST, TECHNOLOGY USE, AND CONFIDENTIALITY POLICIES FOR FACULTY, STAFF AND ADMINISTRATION. THIS DOCUMENT IS PART OF THE HIRING PROCESS, SIGNED BY THE EMPLOYEE AND STORED IN THE OFFICE OF HUMAN RESOURCES. IN ADDITION, THE COLLEGE ALSO DISTRIBUTES A RELATED PARTY QUESTIONNAIRE THROUGH ITS ANNUAL AUDIT PROCESS TO ALL BOARD MEMBERS AND OFFICERS. THIS QUESTIONNAIRE IS DESIGNED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. OUR ANNUAL INDEPENDENT AUDIT WILL NOT BE COMPLETE UNTIL ALL OF THESE FORMS HAVE BEEN SIGNED AND RETURNED. FURTHERMORE, THE BY-LAWS OF THE COLLEGE STATES: "NO MEMBER OF THE CORPORATION, TRUSTEE, OFFICER OR EMPLOYEE OF THE CORPORATION SHALL HAVE ANY PERSONAL FINANCIAL INTEREST, DIRECT OR INDIRECT, IN ANY CONTRACT RELATING TO THE BUSINESS CONDUCTED BY THE CORPORATION, OR THE FURNISHING OF SUPPLIES TO THE CORPORATION, UNLESS AUTHORIZED BY CONCURRING VOTE OF TWO-THIRDS OF THE DISINTERESTED TRUSTEES, EVEN THOUGH THE DISINTERESTED TRUSTEES BE LESS THAN A QUORUM, AND PROVIDE THAT THE MATERIAL FACTS AS TO HER INTEREST IN SUCH TRANSACTION ARE DISCLOSED OR ARE KNOWN TO THE BOARD OF TRUSTEES." FORM 990, PART VI, SECTION B, LINE 15 FOR THE RECRUITMENT OF THE PROSPECTIVE EXECUTIVE POSITION, THE COLLEGE ENGAGES AN INDEPENDENT PROFESSIONAL EXECUTIVE SEARCH FIRM. THROUGH AN AD HOC COMPENSATION COMMITTEE APPROVED BY THE BOARD OF TRUSTEES THE COLLEGE AND THE FIRM WORK TOGETHER TO OBTAIN COMPARATIVE MARKET DATA AND ACQUIRE AVAILABLE SALARY SURVEY DATA. THE COMPENSATION COMMITTEE REVIEWS COMPARATIVE MARKET DATA AND AVAILABLE SALARY SURVEY DATA BEFORE MAKING RECOMMENDATIONS TO THE BOARD OF TRUSTEES WHICH HAS FINAL APPROVAL. THE PRESIDENT HAS A WRITTEN EMPLOYMENT CONTRACT. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE COLLEGE IS DETERMINED BY MARKET DATA AND INTERNAL SALARY GRADES. FOR VICE PRESIDENT POSITIONS THE REVIEW OF COMPARATIVE MARKET DATA AND SALARY SURVEY DATA ARE PERFORMED BY A SEARCH COMMITTEE IN CONJUNCTION WITH AN EXECUTIVE SEARCH FIRM. FOR OTHER KEY EMPLOYEES THE COLLEGE PERFORMS COMPARATIVE MARKET DATA AND ACQUIRES AVAILABLE SALARY SURVEY INFORMATION THROUGH THE OFFICE OF HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT TO CARRYING VALUE OF LAND HELD FOR INVESTMENT 1,700,000. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR.