Auxiliary Enterprise Corporation

Hostos Community College Auxiliary Enterprise Corporation ("Auxiliary" or "AEC") is a separately incorporated not for profit entity related to Hostos Community College.

The City University of New York's Manual of General Policy describes Auxiliary Enterprise Corporations ("Auxiliaries" or "AECs") as follows: "These are separately incorporated tax-exempt entities that support the colleges by providing non-instructional auxiliary services. Examples of auxiliary services include: food service, catering and vending operations; "pouring rights" contracts; bookstores; printing shops; student housing; sports, health and recreation facilities; parking operations; shuttle buses; and performing arts centers. Auxiliaries provide auxiliary services through: (i) direct operation (e.g., child care centers), (ii) subcontracts with other vendors (e.g., transportation services), and (iii) by acting as a college's fiscal agent in connection with a college or University contract or facility (e.g., pouring rights, theater operations) or asset licensing program (e.g., short-term facility use, trademarks). Auxiliary funds include royalties, commissions, and other payments received through their contracts with vendors, licensees, and others. The Auxiliaries use these funds pursuant to their board-approved budgets to support their operations, directly support college activities, and provide discretionary support for the college or the college president." (Policy 3.04 - Non-Tax Levy Funds)

At Hostos Community College, Auxiliary holds fiscal responsibility for:

 

AEC Board of Directors
FY 2018-2019

Senior Vice President Esther Chardavoyne – President
Fanny Dumancela – Secretary
Ken Acquah – Treasurer
Provost Christine Mangino
Vice President Nathaniel Cruz
Prof. Charles Drag
Khalifa Diao
Iliana N. Montalvo
Marc-Lavoisier Tamdem Kengne
Wendy Flores
Stephanie Caban-Gonzalez
 

Documents

Recent Board of Directors Meeting Minutes AEC Budgets Audited Financial Statements

Please contact Ken Acquah for the AEC Non-Tax Levy Disbursement Requisition Form.

 

Governance

Hostos AEC Bylaws
Hostos AEC Memorandum of Understanding (MOU) with Hostos Community College
CUNY AEC Guidelines
 

Contact

Ken Acquah, Treasurer
Hostos Auxiliary Enterprise Corporation
500 Grand Concourse, Room D-B106
Bronx, NY 10451
Phone: 718-518-4369
Send email