2015-04-29T14:00:11-05:00 2014-06-30 CROWE HORWATH LLP 488 MADISON AVENUE FLOOR 3 NEW YORK NY 100225702 990 2013-07-01 221494428 BLOOMFIELD COLLEGE BLOO 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 HOWARD C BUXBAUM VP OF FINANCE 2015-04-29 true Rachel Spurlock P00520729 2125725500 2013 2016-02-25 16:41:14Z RICHARD LEVAO 467 FRANKLIN STREET BLOOMFIELD NJ 07003 62855192 false X WWW.BLOOMFIELD.EDU X 1868 NJ TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. 31 30 1499 30 0 0 3653502 3612861 55987497 56839690 403671 1130130 -12702 145005 60031968 61727686 15147538 16467468 0 0 25463630 26313818 30360 48635 1059497 15884978 16318491 56526506 59148412 3505462 2579274 67992444 91352144 17216504 37015664 50775940 54336480 TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. false false 52776403 16467468 56908512 BLOOMFIELD COLLEGE IS AN INDEPENDENT COLLEGE HISTORICALLY RELATED TO THE PRESBYTERIAN CHURCH (U.S.A.). LOCATED IN THE NEW JERSEY-NEW YORK METROPOLITAN REGION, THE COLLEGE OFFERS ACADEMIC PROGRAMS LEADING TO THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES. THE MISSION OF BLOOMFIELD COLLEGE IS: TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. PROGRAMS OF STUDY ARE ROOTED IN THE LIBERAL ARTS, AND ASSIST STUDENTS IN OBTAINING THE SKILLS, KNOWLEDGE, AND VALUES THEY NEED TO BECOME EMPOWERED INDIVIDUALS ENGAGED IN RENEWING THEMSELVES, THEIR RELATIONSHIPS, THEIR WORKPLACES, AND THEIR COMMUNITIES. BLOOMFIELD COLLEGE OFFERS FLEXIBLE CLASS SCHEDULES AND HYBRID LEARNING (ONLINE AND CLASSROOM) TO ACCOMMODATE THOSE STUDENTS WITH FAMILY AND WORK OBLIGATIONS. CLASSES, FEES, SEMINARS, RESIDENTIAL HOUSING AND FOOD SERVICE PROVIDE AN EDUCATIONAL, RESIDENTIAL AND SOCIAL EXPERIENCE FOR STUDENTS AND MEMBERS OF THE SURROUNDING COMMUNITY. BLOOMFIELD COLLEGE IS CHARTERED BY THE STATE OF NEW JERSEY AND ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. ITS ACADEMIC PROGRAMS ARE APPROVED BY THE NEW JERSEY COMMISSION ON HIGHER EDUCATION. THE NURSING PROGRAM AT BLOOMFIELD IS ACCREDITED BY COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE) AND THE NEW JERSEY BOARD OF NURSING. THE DIVISION OF EDUCATION IS ACCREDITED BY THE TEACHER EDUCATION ACCREDITATION COUNCIL (TEAC). BLOOMFIELD COLLEGE IS RELATED TO THE PRESBYTERIAN CHURCH, USA, THROUGH THE SYNOD OF THE NORTHEAST AND IS A MEMBER OF THE ASSOCIATION OF PRESBYTERIAN COLLEGES AND UNIVERSITIES. THE FALL 2013 STUDENT BODY, OF APPROXIMATELY 1972 STUDENTS, IS APPROXIMATELY 65% FEMALE, 50% AFRICAN AMERICAN, 22% HISPANIC, AND 13% WHITE. MANY BLOOMFIELD COLLEGE STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS, OR ARE PROFESSIONALS SEEKING TO KEEP PACE WITH A CHANGING MARKET PLACE. AS OF THE FALL OF 2013, ABOUT 510 STUDENTS RESIDE ON CAMPUS. IN THE FALL OF 2013, BLOOMFIELD COLLEGE ENROLLED 622 NEW FRESHMAN AND TRANSFER STUDENTS; 409 OF THESE NEW STUDENTS WERE FULL-TIME TRADITIONAL UNDERGRADUATE FRESHMEN. ABOUT 98% OF FRESHMEN AND 93% OF CONTINUING STUDENTS RECEIVE SOME FORM OF AID. AID IS DISTRIBUTED AS: 65% GRANTS,29% STUDENT LOANS, 4% PARENTAL LOANS AND 2% JOBS. A TOTAL OF 411 ENROLLED FRESHMEN WERE JUDGED TO HAVE NEED, AND 408 OF THESE WERE OFFERED AID. SCHOLARSHIPS AVAILABLE FOR: ACADEMICS, ATHLETICS, LEADERSHIP, ALUMNI AFFILIATION, RELIGIOUS AFFILIATION. AS OF THE FALL 2013, THE FACULTY WAS COMPRISED OF 72 FULL-TIME PROFESSORS (29 MALE, 43 FEMALE), PLUS 145 ADJUNCT PROFESSORS. THE ADMINISTRATION AND STAFF (MINUS FACULTY) IS COMPRISED OF 238 FULL AND PART-TIME EMPLOYEES. MANY OF THE FACULTY AND ADMINISTRATION ARE NATIONAL LEADERS IN SCHOLARSHIP, DEVELOPING INNOVATIVE WAYS TO MEET THE INTELLECTUAL, SOCIAL AND DEMOGRAPHIC CHANGES IN SOCIETY. BLOOMFIELD COLLEGE OFFERS OVER 60 MAJORS AND AREAS OF CONCENTRATION AS WELL AS OTHER SPECIAL LEARNING OPPORTUNITIES SUCH HONORS PROGRAMS AND STUDY ABROAD. IN ADDITION TO THE UNDERGRADUATE CURRICULUM, WE ALSO HAVE A LARGE NON-CREDIT CONTINUING EDUCATION PROGRAM WITH OUR OFFICE OF INTERNATIONAL TRAINING AND PROFESSIONAL STUDIES (ITPS). ITPS OFFERS ONLINE CERTIFICATE PROGRAMS FOR THE CAREER ORIENTED STUDENT. THEY ALSO HAVE CUSTOMIZED CORPORATE COURSES. THE AMERICAN LANGUAGE CENTER HAS YEAR ROUND ESL CLASSES FOR THOSE LOOKING TO IMPROVE THEIR ENGLISH SKILLS. IN ADDITION, THEY ARE LINKED GLOBALLY WITH MANY SCHOOLS AND UNIVERSITIES FOR TRAINING OF INTERNATIONAL STUDENTS IN ENGLISH, NURSING, EDUCATION, HOSPITALITY, AND OTHER FIELDS OF STUDY. 52776403 true true false false false false false false true true false false false true true true false true false false false false true true false false false true true true false true false false false false false false false false false false false false false false false false false false true 2615 0 true 1499 true false false false false false true true false false false false X 31 30 false false false false false false false true true false false true true true true true true true true false X CINDY MCDANIEL 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 DR ADRIAN A SHELBY SECRETARY 0.50 X X 0 0 0 JOHN DELUCCA VICE CHAIR 0.50 X X 0 0 0 MARTIN MCKERROW CHAIR 0.50 X X 0 0 0 RICHARD LEVAO PRESIDENT 37.50 X X 375977 0 70202 STEPHEN GLASSER VICE CHAIR 0.50 X X 0 0 0 CARMEN AMALIA CORRALES TRUSTEE 0.50 X 0 0 0 CAROLYN GLYNN TRUSTEE 0.50 X 0 0 0 DOROTHEA BENTON FRANK TRUSTEE 0.50 X 0 0 0 DR ERNESTO BUTCHER TRUSTEE 0.50 X 0 0 0 DR MAUREEN GRANT TRUSTEE 0.50 X 0 0 0 DR NICHOLAS CARLOZZI TRUSTEE 0.50 X 0 0 0 DR STEVEN M ROSE TRUSTEE 0.50 X 0 0 0 GEOFFREY CONNOR TRUSTEE 0.50 X 0 0 0 GLENN M REITER TRUSTEE 0.50 X 0 0 0 HANK UBEROI TRUSTEE 0.50 X 0 0 0 HANNAH RICHMAN TRUSTEE 0.50 X 0 0 0 HECTOR O BANEGAS TRUSTEE 0.50 X 0 0 0 JAMES R GILLEN TRUSTEE 0.50 X 0 0 0 JOANNE MARREN TRUSTEE 0.50 X 0 0 0 JOEL M WEINER TRUSTEE 0.50 X 0 0 0 JOSEAN FERNANDEZ TRUSTEE 0.50 X 0 0 0 NANCY LANE TRUSTEE 0.50 X 0 0 0 NANCY VAN DUYNE TRUSTEE 0.50 X 0 0 0 PATRICIA ETZOLD TRUSTEE 0.50 X 0 0 0 RENEE BALDAN-SELITTO TRUSTEE 0.50 X 0 0 0 RICHARD LARSEN TRUSTEE 0.50 X 0 0 0 ROSEMARY IVERSEN TRUSTEE 0.50 X 0 0 0 SANFORD B PRATER TRUSTEE 0.50 X 0 0 0 STEPHANIE LAWSON-MUHAMMAD TRUSTEE 0.50 X 0 0 0 VERNON ENDO TRUSTEE 0.50 X 0 0 0 WILLIAM H TURNER III TRUSTEE 0.50 X 0 0 0 ADAM CASTRO VP ENROLLMENT MANAGEMENT 37.50 X 141685 0 23911 HOWARD C BUXBAUM VP OF FINANCE 37.50 X 201168 0 25919 JACKIE BARTLEY-OXLEY VP OF INSTITUTIONAL ADVANCEMENT 37.50 X 47736 0 2098 MARION TERENZIO VP ACADEMIC AFFAIRS 37.50 X 154484 0 32123 PATRICK LAMY VP STUDENT AFFAIRS 37.50 X 144154 0 18334 PETER JEONG VP GLOBAL PROGRAMS AND PROFESSIONAL STUDIES 37.50 X 337024 0 62615 WILLIAM MCDONALD VP CAMPUS PLANNING 37.50 X 149250 0 126217 ISMAT MIKKY PROFESSOR 37.50 X 127628 0 73925 MARIA VOGT PROFESSOR 37.50 X 108748 0 31554 MARIANNE FLOOD PROFESSOR 37.50 X 111625 0 21124 NEDDIE SERRA PROFESSOR 37.50 X 123522 0 24618 PHYLLIS K MORE PROFESSOR 37.50 X 108193 0 29137 2131194 0 541777 22 false true false DRINKER BIDDLE & REATH 500 CAMPUS DRIVE FLORHAM PARK NJ 07932 LEGAL 226457 MCMORAN & O'CONNOR & BRAMLEY 2399 HIGHWAY 34 BLDG D SUITE D-1 MANASQUAN NJ 08736 LEGAL 179839 FALLON & PACHECO ARCHITECTS 120 OVERLOOK TERRACE BLOOMFIELD NJ 07003 ARCHITECT 169761 3 0 0 42240 0 2654291 916330 6680 3612861 TUITION AND FEES 611310 50496931 50496931 0 0 AUXILIARY SALES AND SERVICES 611710 6342759 6342759 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 56839690 714138 0 0 714138 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1513901 1097909 415992 0 415992 415992 13926 42240 29597 -15671 -15671 0 0 PARKING 611710 47763 47763 VENDING 611710 44091 44091 DORM FINES 611710 18666 18666 50156 50156 0 0 160676 61727686 56908512 0 1206313 0 0 16467468 16467468 0 0 1496526 770131 581807 144588 0 18368363 16448655 1472180 447528 1368721 1186401 151485 30835 3452273 2972927 397704 81642 1627935 1411086 180174 36675 0 130015 130015 107086 107086 0 48635 48635 22664 22664 1748135 1015606 732529 0 100916 72502 28414 3468856 3206356 151467 111033 1072592 927438 136678 8476 0 1470327 1338675 117160 14492 730243 703071 23217 3955 0 2092049 1983182 61279 47588 488503 488503 0 2623438 2388537 209044 25857 715202 547437 167765 BAD DEBT 869454 869454 OTHER PROGRAM COSTS AND OTHER EXPENSES 359989 257189 50840 51960 MEMBERSHIP AND DUES 215191 106457 102501 6233 EQUIPMENT 103831 103831 0 0 0 0 59148412 52776403 5312512 1059497 0 240595 233614 11698649 12914909 570985 988916 880256 767312 0 0 0 0 942831 822404 91208575 29345334 42184696 61863241 10732253 12445344 0 0 0 0 742179 1316404 67992444 91352144 2145117 2676643 300763 371955 8194199 27909113 0 0 5876929 5553565 699496 504388 17216504 37015664 X 39410577 41821545 4051182 5108839 7314181 7406096 50775940 54336480 67992444 91352144 2579274 981266 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10717706 91915 2066437 291421 87352 59610 12437675 9511367 107468 1500596 272782 66543 62400 10717706 10146915 119835 85126 349028 491481 9511367 8498914 270680 1667559 290238 10146915 6626188 1704293 485049 316616 8498914 0.12000 0.59550 0.28450 false false 0 54786720 18944831 35841889 1189999 1189562 437 10639376 9210941 1428435 24592480 24592480 61863241 0 ACCRUED RETIREMENT BENEFIT OBLIGATION 300984 CONDITIONAL ASSET RETIREMENT OBLIGATION 203404 504388 X 46862340 981266 29597 1010863 45851477 15876209 15876209 61727686 43301800 29597 29597 43272203 15876209 15876209 59148412 Schedule D, Part V, Line 4, Intended uses of endowment funds THE ENDOWMENT CONSISTS OF APPROXIMATELY 80 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES (SCHOLARSHIPS AND PROGRAM SUPPORT). IT INCLUDES BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. THE COLLEGE HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 4% OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OF THE AVERAGE OF THE PRIOR TWELVE QUARTERS PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014 AND 2013. THE COLLEGE'S US FEDERAL AND STATE TAX FILINGS PRIOR TO FISCAL YEAR 2011 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2014 AND 2013. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 DIRECT FUNDRAISING COSTS - 29597; Schedule D, Part XI, Line 4b, Other revenues in form 990 not in audited financial statements INSTITUTIONAL AID - 15876209; Schedule D, Part XII, Line 2d, Other expenses in audited financial statements not in form 990 FUNDRAISING - 29597; Schedule D, Part XII, Line 4b, Other expenses in form 990 not in audited financial statements INSTITUTIONAL AID - 15876209; true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3, Racially nondiscriminatory policy DURING THE REGISTRATION PERIOD, THE NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE COURSE OFFERING CATALOG (PAGE 2) WHICH IS GIVEN TO EVERY STUDENT. WHEN RECRUITING STUDENTS THROUGH THE MAIL, ALL SOLICITATION MATERIALS ALWAYS CONTAIN THE NONDISCRIMINATORY POLICY. Schedule E, Part I, Line 6a, Financial aid or assistance from a governmental agency THE COLLEGE ADMINISTERS FEDERAL AND STATE AWARDED GRANTS TO STUDENTS (NJ TAG, EOF AND OTHERS; FEDERAL SEOG, PELL, CWS AND OTHERS. THE COLLEGE IS THE RECIPIENT OF FEDERAL AND STATE GRANTS THAT SUPPORT CAMPUS WIDE PROGRAMS. X X X X X X X true RUFFALOCODY PO BOX 3018 CEDAR RAPIDS MI 524063018 FUNDRAISING false 44698 56059 -11361 44698 56059 -11361 GALA 56166 42240 13926 15620 1500 12477 0 0 56166 42240 13926 0 0 15620 0 1500 12477 29597 -15671 true INSTITUTIONAL TUITION ASSISTANCE 1840 16467468 Schedule I, Part I, Line 2, Procedures for monitoring use of grant funds THE ORGANIZATION ISSUES GRANTS TO QUALIFIED INDIVIDUALS. THE GRANT FUNDS ARE THEN USED DIRECTLY AGAINST THE STUDENTS ACCOUNT AS PAYMENT TOWARDS THEIR COLLEGE EDUCATION. X X true true X X X false false false false false false false false false ADAM CASTRO VP ENROLLMENT MANAGEMENT 141578 0 0 0 107 0 14674 0 9237 0 165596 0 0 0 MARION TERENZIO VP ACADEMIC AFFAIRS 153911 0 0 0 573 0 15860 0 16263 0 186607 0 0 0 WILLIAM MCDONALD VP CAMPUS PLANNING 148952 0 0 0 298 0 15577 0 110640 0 275467 0 0 0 PETER JEONG VP GLOBAL PROGRAMS AND PROFESSIONAL STUDIES 336782 0 0 0 242 0 25501 0 37114 0 399639 0 0 0 PATRICK LAMY VP STUDENT AFFAIRS 144154 0 0 0 0 0 14431 0 3903 0 162488 0 0 0 RICHARD LEVAO PRESIDENT 275977 0 100000 0 0 0 25500 0 44702 0 446179 0 0 0 HOWARD C BUXBAUM VP OF FINANCE 201168 0 0 0 0 0 20237 0 5682 0 227087 0 0 0 ISMAT MIKKY PROFESSOR 127628 0 0 0 0 0 7466 0 66459 0 201553 0 0 0 Schedule J, Part I, Line 1a, Housing allowance or residence for personal use THE ORGANIZATION PROVIDES HOUSING FOR THE PRESIDENT AS AGREED UPON IN HIS CONTRACT, THE COLLEGE REQUIRES HIM TO MAINTAIN A RESIDENCE ON CAMPUS. AS SUCH, THE COLLEGE CONSIDERS THIS TO BE FOR BUSINESS USE AND IS NOT TAXABLE TO THE PRESIDENT. Schedule J, Part I, Line 1a, Health or social club dues or initiation fees THE ORGANIZATION PROVIDES HEALTH/SOCIAL CLUB DUES FOR THE PRESIDENT FOR USE IN BUSINESS RELATED MEETINGS. AS SUCH, THIS BENEFIT IS NOT TAXABLE TO THE PRESIDENT. A NJ EDUCATIONAL FACILITIES AUTHORITY 221829511 2013-05-13 32267000 CONSTRUCTION OF NEW DORMITORY, REFUNDING PRIOR ISSUE false false false A 0 0 32284179 0 17179 0 548758 0 0 21009203 7020516 3688523 2014 true false false true A false false false false 0.00000 0.00000 0.00000 false false true A false true false false true false false false true A true SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS NOT IDENTIAL TO ISSUE PRICE IN PART I THE TOTAL PROCEEDS OF ISSUE IN SCHEDULE K, PART II, LINE 3 HAVE BEEN ADJUSTED ACCORDING TO THE INSTRUCTIONS TO INCLUDE CAPITALIZED EARNINGS OF $17,179, AND THEREFORE IS NOT IDENTICAL TO PART I, COLUMN (E). FORM 990, PART I, LINE 5, NUMBER OF EMPLOYEES THE ORGANIZATION IS REPORTING THE TOTAL NUMBER OF W-2S ISSUED TO EMPLOYEES DURING THE YEAR, AS REPORTED ON THE FOUR FORM W-3S ISSUED FOR 2013. DUE TO THE NATURE OF THE COLLEGE'S PAYROLL SYSTEM, THERE MAY BE EMPLOYEES RECEIVING MULTIPLE W-2S, SO THIS NUMBER IS OVERSTATED BY THE NUMBER OF DUPLICATES. GOING FORWARD, THE COLLEGE WILL ONLY BE REPORTING ON TWO FORM W-3S AND WILL BE ABLE TO REASONABLE ATTAIN A UNIQUE HEAD COUNT FOR PRESENTATION IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL OFFICERS OF THE BOARD OF TRUSTEES AND CHAIRPERSONS OF ALL STANDING COMMITTEES. WHEN THE CHAIRPERSON OF A STANDING COMMITTEE IS UNABLE TO ATTEND AN EXECUTIVE COMMITTEE MEETING, THE VICE CHAIRPERSON OF THAT STANDING COMMITTEE, WHO MAY ATTEND IN THE CHAIRPERSON'S PLACE, SHALL HAVE FOR THAT MEETING ALL OF THE POWERS OF AN EXECUTIVE COMMITTEE MEMBER AND SHALL BE COUNTED FOR THE PURPOSE OF ESTABLISHING A QUORUM. THE PRESIDENT OF THE COLLEGE SHALL SERVE AS AN EX OFFICIO MEMBER WITH VOTE. DURING THE PERIOD BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THIS COMMITTEE SHALL EXERCISE ALL OF THE POWERS OF THE BOARD OF TRUSTEES AT SUCH TIME AS THE BOARD IS NOT IN SESSION EXCEPT TO ELECT MEMBERS OF THE BOARD, AMEND THESE BYLAWS, REMOVE FROM OFFICE, OR ANY OTHER MATTERS SPECIFICALLY RESERVED TO ITSELF BY THE BOARD. IT SHALL REPORT ALL ACTION AT THE NEXT REGULAR MEETING OF THE BOARD OF TRUSTEES. THIS COMMITTEE SHALL BE RESPONSIBLE FOR LONG RANGE PLANNING POLICIES FOR THE COLLEGE AND FOR INCLUDING IN THIS PROCESS THE VARIOUS CONSTITUENCIES OF THE COLLEGE; AND SHALL CAUSE PERIODIC MANAGEMENT REVIEW TO ASSURE EFFICIENT AND EFFECTIVE POLICY IMPLEMENTATION, GOOD ADMINISTRATIVE PRACTICE AND OPEN COMMUNICATION THROUGHOUT THE ACADEMIC COMMUNITY. Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION WILL REVIEW A COMPLETE COPY OF THE FORM 990 WITH THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. MANAGEMENT AND THE ORGANIZATION'S TAX CONSULTANTS WILL ALSO PRESENT A COMPLETE COPY OF THE THE FORM 990 TO THE AUDIT COMMITTEE FOR ITS REVIEW BEFORE FILING WITH THE IRS. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy UNDER CHAPTER II, ARTICLE G OF THE COLLEGE BYLAWS THE BOARD OF TRUSTEES ARE COVERED BY THE CONFLICT OF INTEREST POLICY. IN GENERAL A CONFLICT CAN OCCUR IN TWO CASES. FIRST, IF THERE IS AN EXISTING OR POTENTIAL FINANCIAL OR OTHER INTEREST THAT IMPAIRS OR APPEARS TO IMPAIR THE TRUSTEES INDEPENDENT UNBIASED JUDGMENT. SECOND, IF A FAMILY MEMBER OR ORGANIZATION IN WHICH THE TRUSTEE HAS A CONTROLLING INTEREST HAS AN RELATIONSHIP WITH THE COLLEGE THAT WOULD IMPAIR THE UNBIASED AND INDEPENDENT JUDGMENT OF THE TRUSTEE. CONFLICTS WOULD BE REVIEWED BY THE BOARD OF TRUSTEES. THERE IS A REQUIRED RECUSAL FROM VOTING IN WHICH A CONFLICT OCCURS. Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official COMPENSATION FOR THE PRESIDENT IS REVIEWED BY THE COMPENSATION COMMITTEE AND ALSO REVIEWED BY THE BOARD IN CLOSED SESSION. THE COLLEGE PREPARES A STUDY OF COMPARABLE POSITIONS BASED ON DATA OBTAINED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. DOCUMENTATION OF DELIBERATIONS & DECISIONS ARE DOCUMENTED BY MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2014. Form 990, Part VI, Sec B, Line 15b, Process to establish compensation of other employees COMPENSATION FOR THE OFFICERS IS REVIEWED BY THE PRESIDENT AND THE COMPENSATION COMMITTEE AND ALSO REVIEWED BY THE BOARD IN CLOSED SESSION. THE COLLEGE PREPARES A STUDY OF COMPARABLE POSITIONS BASED ON DATA OBTAINED BY THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION. DOCUMENTATION OF DELIBERATIONS & DECISIONS ARE DOCUMENTED BY MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2014. Form 990, Part VI, Sec C, Line 19, Required documents available to the public THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.