Auxiliary Enterprises Corporation

Hostos Community College Auxiliary Enterprises 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 Enterprises 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 2021-2022

Senior Vice President Esther Chardavoyne – President
Fanny Dumancela – Secretary
Ken Acquah – Treasurer
Provost Shiang-Kwei Wang
Vice President La Toro Yates
Assistant Dean Johanna Gomez
Prof. Iris Mercado
Shirley Shevach
Bouampoundi Thiombiano
Junior Carela
Omar Pagan
Jeremy Whyte
Brayan Castro

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 Enterprises Corporation
500 Grand Concourse, Room D-B106
Bronx, NY 10451
Phone: 718-518-4369
Send email