2024-05-15T06:52:08-05:00 2023-06-30 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-07-01 250983069 JOHNSON C SMITH UNIVERSITY JOHN 7043781000 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 TEARE BREWINGTON SR VP FINANCE & ADMIN 7043781000 2024-05-15 1 TEARE BREWINGTON 999009999 0 AMY BIBBY P00445891 8282542254 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CLARENCE ARMBRISTER 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 62038739 0 X WWW.JCSU.EDU X 1867 NC JOHNSON C. SMITH UNIVERSITY OFFERS A LIBERAL ARTS EDUCATION TO A DIVERSE GROUP OF TALENTED AND MOTIVATED STUDENTS IN PREPARATION FOR ADVANCE STUDY AND SPECIFIC CAREERS 15 15 657 25 0 0 91505398 30133901 25897360 26378732 -7397406 4317212 787144 966155 110792496 61796000 6830353 4801354 0 0 20497647 21500615 0 0 2759326 27054548 32970543 54382548 59272512 56409948 2523488 218847096 246113230 11091155 35887550 207755941 210225680 X SEE SCH O FOR MISSION STATEMENT. 0 0 11938738 4801354 21977291 INSTRUCTION: JOHNSON C. SMITH UNIVERSITY OFFERS INSTRUCTIONS IN VARIOUS LIBERAL ARTS PROGRAMS. FOR THE REPORTING PERIOD THE UNIVERSITY HAD ALMOST 1,800 STUDENTS MATRICULATING IN THESE PROGRAMS. JOHNSON C. SMITH UNIVERSITY HAS 3 COLLEGES FROM WHICH STUDENTS CAN CHOOSE VARIOUS MAJORS: COLLEGE OF ARTS AND LETTERS, COLLEGE OF PROFESSIONAL STUDIES, AND COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. 8065733 3000000 STUDENT SERVICES: JOHNSON C SMITH UNIVERSITY OFFERS A WIDE RANGE OF SERVICES TO ITS STUDENTS. THESE PROGRAMS INCLUDE THE FOLLOWING SERVICES: PLACEMENT AND CAREER COUNSELING, ADMISSION, REGISTRAR, FINANCIAL AID, SPORTS AND VARIOUS OTHER STUDENT ACTIVITIES. 4819034 1401441 ACADEMIC SUPPORT: OUR ACADEMIC SUPPORT SERVICES INCLUDES INFORMATION TECHNOLOGY, LIBRARY SERVICES, SMART CLASSROOMS, AND FACULTY TRAINING. EVERY FULLTIME STUDENT AT JOHNSON C. SMITH UNIVERSITY RECEIVES A LAPTOP. OUR LIBRARY CONTINUES TO UPDATE ITS BOOK CATALOGS. IN ADDITION, STUDENTS HAVE ACCESS TO A WIDE RANGE OF ONLINE CATALOGS. JOHNSON C. SMITH UNIVERSITY IS IN THE PROCESS OF TRANSFORMING ALL ITS TRADITIONAL CLASSROOMS INTO SMART CLASSROOMS BY PLACING TECHNOLOGY AT THE STUDENT'S FINGER TIP. 20927789 OTHER: PUBLIC SERVICE, STUDENT ASSISTANCE, AUXILIARY SERVICE (ROOM AND BOARD) 20927789 45751294 1 1 0 0 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 154 0 1 657 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X TEARE BREWINGTON 7043781190 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 STEVEN BOYD BOARD CHAIR 18.00 X X 0 0 0 KIETH COCKRELL BOARD VICE CHAIR 2.00 X X 0 0 0 CHRISTY S BRYANT BOARD SECRETARY 2.00 X X 0 0 0 SHEILA R BROWN TRUSTEE 2.00 X 0 0 0 JANICE DUPRE TRUSTEE 2.00 X 0 0 0 RIC ELIAS TRUSTEE 2.00 X 0 0 0 JAMS ELY III TRUSTEE 2.00 X 0 0 0 RALPH H GROCE III TRUSTEE 2.00 X 0 0 0 MICHAEL JONES TRUSTEE 2.00 X 0 0 0 VALERIE KINLOCH TRUSTEE 2.00 X 0 0 0 MIKE LAMACH TRUSTEE 2.00 X 0 0 0 MICHELLE LEE TRUSTEE 2.00 X 0 0 0 PATRICIA R MORTON TRUSTEE 2.00 X 0 0 0 GENE WOODS TRUSTEE 2.00 X 0 0 0 CLARENCE D ARMBRSITER PRESIDENT 40.00 X 344234 0 33757 TEARE BREWINGTON CFO/TREASURER 50.00 X 177791 0 20007 DR DAVIDA L HAYWOOD VP STUDENTS AFFAIRS 50.00 X 161411 0 9813 DR KAREN MORGAN CHIEF ACADEMIC OFFICER 50.00 X 204061 0 9813 TAMI B SIMMONS VP INSTITUTIONAL ADV 40.00 X 163500 0 0 DAVID LERCH FINANCIAL ANALYST 40.00 X 155100 0 0 VIJAYA L GOMPA DEAN 40.00 X 134247 0 15361 MAURICE FLOWERS HEAD FOOTBALL COACH 40.00 X 114286 0 0 ANTONIO L HENLEY INSTITUTIONAL RESEARCH 40.00 X 106280 0 28609 EVELYN LEATHERS ED INSTITUTIONAL ADV 40.00 X 108105 0 0 1669015 0 117360 21 0 1 0 SOUTHEAST SERVICE CORPORATION 1225 E WEISGARBER KNOXVILLE TN 37909 FACILITIES CONTRACT 3848176 PERKINS MANAGEMENT SERVICE CO 7730 ENGLAND ST CHARLOTTE NC 28273 FOOD SERVICE 2748640 MOSAIC VILLAGE HOLDINGS LLC 4530 PARK RD CHARLOTTE NC 28209 PROPERTY MANAGEMENT 2119959 V&D CORPORATION 9145 BRIGHTLEAF PL CHARLOTTE NC 28262 PLUMBING SERVICE 1237668 FIELDTURF USA INC 7445 COTE-DE-LIESSE STE 200 MONTREAL QUEBEC CA 60677 BOOKSTORE CONTRACT 1203827 48 15758829 14375072 30133901 TUITION AND FEES 611310 20712828 20712828 SALES AND SERVICES OF AUXILIARY E 900099 5665904 5665904 26378732 196145 196145 93178 0 93178 93178 93178 4121067 0 4121067 4121067 4121067 330870 242739 88131 88131 MISC. INCOME 900099 414350 414350 INCIDENTAL FEES 900099 177938 177938 EVENT INCOME 900099 149491 149491 43067 43067 784846 61796000 26378732 0 5283367 4801354 4801354 1050997 184409 630741 235847 17113180 13480648 2925175 707357 1620117 1218827 317163 84127 416539 313366 81544 21629 1299782 977837 254452 67493 42088 42088 142784 142784 174251 174251 608859 458050 119193 31616 215773 162328 42241 11204 19305787 14764916 3588914 951957 1536947 1156258 300881 79808 963456 724816 188611 50029 493458 371232 96602 25624 40817 30707 7991 2119 3880725 2919501 759711 201513 FINANCIAL AID 3139869 2362149 614677 163043 SUPPLIES 2119530 1594540 414930 110060 OTHER EXPENSE 184451 138764 36109 9578 TAXES & LICENSES 121748 91592 23834 6322 59272512 45751294 10761892 2759326 -1 29142200 28385391 63938456 62091187 569413 1395589 29947 179594 1188833 1026310 161565045 98392191 58506644 63172854 272651 286386 63173035 63965434 2025918 25610485 218847096 246113230 2104209 3853501 4908952 4778481 473529 287180 3604465 26968388 11091155 35887550 X 50612938 53062222 157143003 157163458 207755941 210225680 218847096 246113230 2523488 -53749 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 63445686 806134 3000000 61251820 75167419 30 -7735094 3474000 512669 63445686 65797169 18391399 3711254 4821472 488423 75167419 68950171 1140949 -643956 3176558 473437 65797169 68175057 234762 4265548 2576425 753765 395006 68950171 0.16268 0.83732 0 0 7764257 7764257 108266282 72087385 36178897 32463485 21615296 10848189 13071021 4689510 8381511 63172854 INVESTMENTS 63965434 F 63965434 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2144895 RIGHT OF USE ASSETS 23465590 25610485 ASSET RETIREMENT 3502798 OPERATING LEASE OBLIGATION 23465590 26968388 X 54374251 -53749 -7368000 -7421749 61796000 0 61796000 51904512 0 51904512 7368000 7368000 59272512 PART III, LINE 4: THE UNIVERSITY HAS ACQUIRED SEVERAL PIECES OF ART OVER THE YEARS THROUGH DONATIONS FROM VARIOUS ALUMNI AND OTHER DONORS. MANY OF THESE ITEMS ARE HUNG IN THE JAMES B. DUKE LIBRARY FOR STUDENTS ATTENDING THE SCHOOL TO ENJOY AS PART OF THEIR EDUCATIONAL EXPERIENCE. PART V, LINE 4: THE INTENDED USES OF THE UNIVERSITY'S ENDOWMENT FUNDS ARE TO FUND SCHOLARSHIPS, PROFESSORSHIPS, PROFESSIONAL DEVELOPMENT AND MAINTENANCE. LINE 1C INCLUDES AN ADJUSTMENT OF $3,000,000 TO RESTATE THE ENDOWMENT TO MATCH THE AUDITED FINANCIAL STATEMENTS. PART X, LINE 2: THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES AN INFORMATIONAL RETURN, FORM 990, ANNUALLY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THERE WERE NO SUCH POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT ASSISTANCE -7,368,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT ASSISTANCE 7,368,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 JOHNSON C. SMITH UNIVERSITY PUBLICIZES ITS NONDISCRIMINATORY POLICY IN THE STUDENT AND EMPLOYEE HANDBOOKS, AS WELL AS ON THE UNIVERSITY'S WEBSITE. JOHNSON C. SMITH UNIVERSITY IS AN ACADEMIC COMMUNITY AND WORKPLACE ENVIRONMENT WHICH VALUES DIVERSITY AND THE INTELLECTUAL GROWTH THAT RESULTS FROM THE SHARING AND EXPRESSION OF DIFFERENT IDEAS AND PERSPECTIVES. JOHNSON C. SMITH UNIVERSITY'S COMMITMENT TO DIVERSITY AND INCLUSION IS STRONG AND UNWAVERING, AND WE ESPOUSE THOSE VALUES BEYOND THE GATES OF OUR CAMPUS. JCSU ACTIVELY RECRUITS HIGH-ACHIEVING STUDENTS, FACULTY, AND STAFF FROM DIFFERENT CULTURES, RACES, RELIGIONS, SOCIO-ECONOMIC BACKGROUNDS, ETHNICITIES, AND NATHIONALITIES. JOHNSON C. SMITH UNIVESITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, GENDER IDENTITY OR EXPRESSION, NATIONAL ORIGIN, AGE, DISABILITY, OR VETERAN STATUS AS IT RELATES TO STUDENT ENROLLMENT OR HIRING. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY IS A PARTICIPANT IN THE DEPARTMENT OF EDUCATION'S TITLE 4 PROGRAM, DIRECT LOANS. THE UNIVERSITY ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS INCLUDING PELL, SEOG, TEACH, AND TITLE 3. SCHEDULE E, PART I, LINE 3 CONT. BY CREATING A CAMPUS COMMUNITY THAT EMBRACES INCLUSIVENESS, JCSU BELIEVES THAT ALL INVOLVED IN THE ACADEMIC ENTERPRISE WILL GROW INTELLECTUALLY, EMOTIONALLY, SOCIALLY AND CULTURALLY WHILE DEVELOPING A SENSE OF SOCIAL RESPONSIBILITY. WE USE OUR INTELLECTUAL AND SOCIAL CAPITAL TO BUILD TRUST AND PROMOTE RELATIONS ACROSS ALL BOUNDARIES TO SUSTAIN COMMUNITY ASSETS WHEN WORKING WITH NEIGHBORHOODS SURROUNDING THE CAMPUS AND WITH COMMUNITIES THROUGHOUT THE CITY. THROUGH DIRECT ACTIONS ON CAMPUS AND PARTNERSHIPS WITH KEY ORGANIZATIONS IN THE COMMUNITY, JCSU IS STEADFAST IN OUR DEDICATION TO SERVING AS A CATALYST FOR SOCIAL CHANGE RESULTING IN A GLOBAL SOCIETY THAT IS GROUNDED IN SOCIAL JUSTICE FOR ALL HUMANKIND. ARCH OF TRIUMPHANT GALA 330870 330870 50000 149661 43078 330870 330870 50000 149661 43078 242739 88131 1 TUITION AND FEES 4801354 PART I, LINE 2: SCHOLARSHIPS ARE GRANTED TO STUDENTS BASED ON ACADEMIC MERIT, ATHLETIC MERIT, AND ACADEMIC DISCIPLINE. STUDENT LOANS ARE AWARDED BASED ON FEDERAL ELIGBILITY GUIDELINES AS PROVIDED BY THE US DEPARTMENT OF EDUCATION DIRECT LENDING PROGRAM. STUDENT ATHLETICS MUST FOLLOW THE RULES SET FORTH BY THE NCAA. ONCE A SCHOLARSHIP HAS BEEN AWARDED, THE UNIVERSITY CHECKS THE RECIPIENT'S GRADE POINT AVERAGE AT THE END OF EACH SCHOOL YEAR TO DETERMINE IF HE/SHE IS MEETING THE ACADEMIC STANDARD SET FORTH BY THE SCHOOL OR DONOR. THE FINANCIAL AID OFFICE AT JCSU IS RESPONSIBLE FOR CHECKING EACH ACADEMIC SCHOLARSHIP RECIPIENT'S GRADES BEFORE SCHOLARSHIPS ARE AWARDED FOR THE NEXT SCHOOL YEAR. STUDENTS NOT MEETING SAP (SATISFACTORY ACADEMIC PROCESS) WILL LOSE THEIR ACADEMIC SCHOLARSHIPERS. FOR NEEDS BASED SCHOLARSHIPS AND GRANTS, THE PARENTS OR RECIPIENTS ARE REQUESTED TO SUBMIT A COPY OF THE TAX RETURN EACH YEAR TO THE FINANCIAL AID OFFICE BEFORE NEW NEEDS BASED SCHOLARSHIPS ARE AWARDED. STUDENTS RECEIVING ATHLETIC SCHOLARSHIPS MUST MAINTAIN A 2.0 OR HIGHER GRADE POINT AVERAGE AND MUST PASS AT LEAST 6 CREDIT HOURS IN THE FALL SEMESTER AND 24 CREDIT HOURS FOR THE SCHOOL YEAR. THE ATHLETICS COMPLIANCE COORDINATOR CHECKS THE GRADE REPORT FOR EACH STUDENT ATHLETIC. EACH STUDENT ATHLETE'S GRADE REPORT IS EXAMINED AT THE END OF THE SEMESTER TO SEE IF HE/SHE IS MEETING THE SET STANDARDS. IF THEY ARE NOT MEETING STANDARDS, HE/SHE WILL LOSE THEIR SCHOLARSHIP. FOR ALL SCHOLARSHIPS AND GRANTS, IF A STUDENT WITHDREW FROM THE UNIVERSITY BEFORE COMPLETING 60 PERCENT OR MORE OF A SEMESTER, HIS/HER FINANCIAL AID INCLUDING INTERNAL SCHOLARSHIPS ARE PRORATED BASED ON THE R2T4 (RETURN OF TITLE 4 FUNDS) CALCULATION. X 1 0 X X 0 0 0 0 0 0 0 0 0 CLARENCE D ARMBRSITER PRESIDENT 344234 0 0 0 0 0 13750 0 20007 0 377991 0 0 0 DR KAREN MORGAN CHIEF ACADEMIC OFFICER 204061 0 0 0 0 0 0 0 9813 0 213874 0 0 0 TEARE BREWINGTON CFO/TREASURER 177791 0 0 0 0 0 0 0 20007 0 197798 0 0 0 DR DAVIDA L HAYWOOD VP STUDENTS AFFAIRS 161411 0 0 0 0 0 0 0 9813 0 171224 0 0 0 TAMI B SIMMONS VP INSTITUTIONAL ADV 163500 0 0 0 0 0 0 0 0 0 163500 0 0 0 DAVID LERCH FINANCIAL ANALYST 155100 0 0 0 0 0 0 0 0 0 155100 0 0 0 PART I, LINE 1A THE PRESIDENT OF THE UNIVERSITY HAS IN HIS CONTRACT SEVERAL ITEMS THAT PERTAIN TO HIS JOB FUNCTION AT THE UNIVERSITY. HE RESIDENTS IN UNIVERSITY OWNED HOUSING, AS IS TYPICAL FOR HIS POSITION AS A UNIVERSITY PRESIDENT. GLOBAL ENDOWMENT MANAGEMENT THE HUSBAND OF PATRICIA MORTON, BOARD MEMBER, IS CEO OF THE ORGANIZATION. 424345 THE ORGANIZATION HAS ASSETS INVESTED WITH GLOBAL ENDOWMENT MANAGEMENT. 0 FORM 990, PART VI, SECTION A, LINE 1A IN ACCORDANCE WITH OUR BYLAWS, THE EXECUTIVE COMMITTEE HAS THE FOLLOWING POERS. EXECUTION OF ALL THE POWER AND AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT AND CONTROL OF THE PROPERTY AND AFFAIRDS OF THE UNIVERSITY WHEN THE BOARD OF TRUSTEES IS NOT IN SESSIO. MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE 1) CHAIRMAN OF THE BOARD OF TRUSTEES, 2) THE VICE CHAIRMAN OF THE BOARD OF TRUSTEES, 3) THE SECRETARY OF THE BOARD OF TRUSTEES, 4) ALL COMMITTEE CHAIRMEN, 5) THE PRESIDENT OF THE UNIVERSITY, 6) THE TREASURER OF THE UNIVERSITY, 7) THE UNIVERSITY COUNSEL, EX OFFICIO, AND 8) THE PAST CHAIRMAN OF THE BOARD OF TRUSTEES FOR ONE (1) YEAR FOLLOWING THE ELECTION OF A NEW CHAIRMAN. THE MINUTES OF EACH MEETING OF THE EXECUTIVE COMMITTEE SHALL BE PRESENTED TO AND REVIEWED BY THE BOARD OF TRUSTEES AT ITS NEXT REGULAR MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY'S PROCESS FOR REVIEWING THE IRS FORM 990 IS AS FOLLOWS: (1) THE VICE PRESIDENT OF BUSINESS AND FINANCE COMPLETES A DETAILED REVIEW OF THE FORM AND DISCUSSES THE FORM WITH THE UNIVERSITY'S OUTSIDE TAX ADVISORS AND WITH THE UNIVERSITY'S ACCOUNTING AND BUDGET MANAGER. (2) AFTER THE VICE PRESIDENT HAS COMPLETED HIS REVIEW AND OBTAINED ANSWERS TO ALL HIS QUESTIONS, A COPY OF THE FORM IS ISSUED TO THE PRESIDENT OF THE UNIVERSITY AND THE BUDGET AND FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR A SECOND REVIEW. ALL REVIEW QUESTIONS ARE ADDRESSED AND ANY NECESSARY CHANGES ARE INCORPORATED INTO THE FINAL VERSION OF THE FORM 990. THE FULL BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD OF TRUSTEES EACH YEAR RENEW THEIR COMMITMENT TO THE CONFLICT OF INTEREST POLICY. THE AFFIRMING NOTICES AND SIGNATURES FOR EACH YEAR ARE KEPT WITH THE SECRETARY OF THE BOARD OF TRUSTEES. IF A CONFLICT IS REPORTED, THE MATTER IS INVESTIGATED BY THE GOVERNANCE COMMITTEE AND REVIEWED BY THE BOARD. THE INDIVIDUAL WITH THE CONFLICT MAKES A PRESENTATION ON THEIR BEHALF, BUT IS RECUSED FROM RESOLUTION OF THE CONFLICT. THIS PROCESS IS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES. STAFF MEMBERS MUST DISCLOSE IN ADVANCE ANY POTENTIAL CONFLICT OF INTEREST UNDER THIS POLICY TO THE APPLICABLE DEAN OR VICE PRESIDENT FOR THE AREA IN WHICH THEY WORK. FACULTY MEMBERS MUST DISCLOSE ANY POTENTIAL CONFLICT IN ADVANCE TO THE COLLEGE DEAN. FORM 990, PART VI, SECTION B, LINE 15A THE VICE CHAIRMAN OF THE BOARD OF TRUSTEES IS THE CHAIRMAN OF THE COMPENSATION COMMITTEE. THE MEMBERS OF THAT COMMITTEE REVIEW THE COMPENSATION OF THE PRESIDENT EACH YEAR. THE PRESIDENT IS GIVEN AN EVALUATION THAT IS FILED WITH THE BOARD OF TRUSTEES. THE COMMITTEE UTILIZES MARKET DATA AND OTHER FACTORS TO DETERMINE THE COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY. COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES AT THE UNIVERSITY ARE DETERMINED BY THE UNIVERSITY'S PRESIDENT BASED ON MARKET RATE. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY WILL PROVIDE INFORMATION IN REGARDS TO ITS ANNUAL AUDIT AND OTHER DOCUMENTS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 STAFF MEMBERS MUST DISCLOSE IN ADVANCE ANY POTENTIAL CONFLICT OF INTEREST UNDER THIS POLICY TO THE APPLICABLE DEAN OR VICE PRESIDENT FOR THE AREA IN WHICH THEY WORK. FACULTY MEMBERS MUST DISCLOSE ANY POTENTIAL CONFLICT IN ADVANCE TO THE COLLEGE DEAN. THE DISCLOSURE MUST BE IN WRITING; ALTHOUGH NO PARTICULAR FORM MUST BE USED (E-MAIL IS ACCEPTABLE). WHILE IT IS THE VICE PRESIDENT'S OR DEAN'S RESPONSIBILITY TO REVIEW AND RESPOND TO THE DISCLOSURE, FACULTY AND STAFF SHOULD PROVIDE ADEQUATE ADVANCE NOTICE TO ALLOW SUCH REVIEW TO OCCUR (30 DAYS IF POSSIBLE). THE RESPONSE TO THE CONFLICTS INQUIRY SHALL BE MADE IN WRITING, AND SHALL CONTAIN JCSU'S DIRECTIONS TO THE EMPLOYEE REGARDING THE TRANSACTION IN QUESTION. IF THE EMPLOYEE OR FACULTY MEMBER IS DISSATISFIED WITH THE DECISION OF THE VICE PRESIDENT OR DEAN, THAT DECISION MAY BE APPEALED TO THE PRESIDENT OF JCSU. THE PRESIDENT'S DECISION REGARDING THE APPEAL SHALL BE FINAL. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.