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)
 

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 Auxiliary Enterprise Corporation Budgets

 

Contact

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