Responsibility for Maintenance: Financial Services
I. Policy Statement
Onondaga Community College's exemption from state sales taxes and from federal income taxes, together with the related sales tax number(s) and tax-exempt organization identification number and related certificates, are the exclusive property of the College. No person or entity other than the College may use the College's tax-exempt status and identification numbers/certificates at any time for any reason. This prohibition extends to those organizations and groups which maintain an affiliation with the College, such as recognized student organizations and alumni clubs.
II. Reason for Policy
The College is required to ensure that any use of its status as a tax exempt organization is proper and in furtherance of its not-for-profit educational mission.
III. Applicability of the Policy
This policy applies to all College employees, as well as all persons connected with organizations and groups that maintain an affiliation with the College.
IV. Contacts
|
Subject |
Office Name |
Title or Position |
Telephone Number |
Email/URL |
|---|---|---|---|---|
|
General Questions Regarding Use of College Exempt Organization Numbers/Certificate |
Financial Services |
Assistant Vice President |
(315) 498-2265 |
|
|
Reporting Unauthorized Use of College |
Financial Services |
Senior Vice President and Chief Financial Officer |
(315) 498-2286 |
V. Procedures
Any person or entity violating this policy may be prosecuted for fraud and for violation of the New York State Tax Law, the Internal Revenue Code, and/or any other applicable state or federal laws, rules and/or regulations. If the individual or entity has any affiliation with the College, such affiliation may be terminated.
Approved by OCC Board of Trustees April 3, 2006