2024-05-09T09:00:54-05:00 2023-06-30 010523282 Berry Dunn McNeil & Parker LLC 1000 Elm Street 4th Floor Manchester NH 03101 990 2022-07-01 020223339 Rivier University RIVI 6038881311 420 South Main Street Nashua NH 030605086 Steven Perrotta VP Finance and Admin 6038881311 2024-05-03 1 Steven Perrotta 999009999 1 Melissa Magoon CPA P01712842 6036697337 2024-05-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Sister Paula Marie Buley 420 South Main Street Nashua NH 030605086 67343365 0 X www.rivier.edu X 1947 NH See Schedule O 26 26 889 58 0 0 8863281 3724285 53227474 60006443 2301785 2044815 128474 118736 64521014 65894279 16714720 17120661 0 0 18493073 20492617 0 0 197077 22293455 24635157 57501248 62248435 7019766 3645844 141304994 151913252 48065417 51291111 93239577 100622141 X See Schedule O 0 0 46680890 17120661 53721330 Instructional, academic support, and student services expenses related to providing instructional services for 2,941 undergraduate, graduate, and doctoral students. Instructional programs range from liberal arts to professional studies. Programs such as nursing and education lead to licensure. 6456433 5500364 For students living beyond a reasonable commuting distance, or students within a reasonable commuting distance who elect to have an in-residence experience, the University provided room and board for an average of 416 students during FY 2022-23. 100895 201465 Youth sports camp is a summer program hosted by our coaches and trainers.Camp runs 5 days per week for 6 weeks and serves 50-120 campers each week.Sports practiced include basketball, lacrosse and soccer. 640038 159304 Other program services include (a) conferences and workshops, most of which occur during the summer months, (b) recovery of accounts receivable expensed in prior years (c)student dormitory policy violation fees, and (d) student club dues and revenues. 640038 159304 53878256 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 2938 0 1 889 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X Steven Perrotta 6038881311 420 South Main Street Nashua NH 030605086 Mrs Mary Murphy '04G Trustee 1.00 X 0 0 0 Sister Maria Rosa pm '87 Trustee 1.00 X 0 0 0 Mr Aaron Dufoe '97'98G Trustee 1.00 X 0 0 0 Mr Douglas Barker Trustee 1.00 X 0 0 0 Mr Michael Croatti Trustee 1.00 X 0 0 0 Ms Keeva Davis Trustee 1.00 X 0 0 0 Mr Edward Dudley Trustee, Treasurer 5.00 X X 0 0 0 Mr William Barry III Esq Trustee 1.00 X 0 0 0 Ms Talesha Saint-Marc Esq Trustee, Vice-Chair 5.00 X X 0 0 0 Ms Martha O'Neill Esq Trustee 1.00 X 0 0 0 Mrs Gerardine Ferlines Trustee 1.00 X 0 0 0 Ms Ana Hebra Flaster Trustee 1.00 X 0 0 0 Mr Kevin Halloran Trustee 1.00 X 0 0 0 Mr Joseph Bellavance IV Trustee 1.00 X 0 0 0 Mr Robert Calamari Jr Trustee 1.00 X 0 0 0 Mr Bradley R Kreick Trustee, Chair 5.00 X X 0 0 0 Mr TC Liakos Trustee 1.00 X 0 0 0 Mr K Brian McLaughlin Trustee 1.00 X 0 0 0 Mr Mailaja Mohammed Trustee 1.00 X 0 0 0 Dr Marie Ramas Trustee 1.00 X 0 0 0 Mrs Linda Robinson Trustee 1.00 X 0 0 0 Mr David Roedel Trustee 1.00 X 0 0 0 Mr Daniel Sauvageau Trustee 1.00 X 0 0 0 Dr Cecilia Warpinski Stuopis Trustee 5.00 X 0 0 0 Mrs Sharon Tamposi Trustee 0.00 X 0 0 0 Dr Melissa Mei-Yen Wu Trustee 0.00 X 0 0 0 Brian Ernsting VP Academic Affairs 40.00 X 173687 0 15987 Karen Cooper VP University Advance 40.00 X 144080 0 21474 Steven Perrotta VP Finance & Admin 40.00 X 137517 0 23102 Paul Brower VP Enrollment Manager 40.00 X 137829 0 20475 Mr Kurt Stimeling VP Student Affairs 40.00 X 135156 0 15252 Karen Scolforo VP Student Affairs 40.00 X 11217 0 1433 Sister Paula Marie Buley ihm President 0.00 X 0 0 0 Dr John Gleason Dean of Education 40.00 X 163524 0 19010 Paula Williams Dean of Nursing 40.00 X 143614 0 8081 Dr Amir Toosi Dean of Business 40.00 X 119779 0 21823 Donna Proulx FT Faculty 40.00 X 129493 0 10139 Angela Mousseau FT Faculty 40.00 X 135545 0 3984 1431441 0 160760 10 0 1 0 Ellucian Company LP 62578 Collections Center Dr Chicago IL 606930625 IT Services 1928130 Wiley Education Services LLC PO Box 22309 New York NY 100872309 Online Ed. Serv 1770628 SSC Service Solutions PO Box 417632 Boston MA 022417632 Facilities Mgmt 1457661 Derck & Edson Associates LLP 33 South Broad Street Lititz PA 17543 Architect 666180 Burke Advertising LLC 9 Cedarwood Dr Suite 11 Bedford NH 03110 Advertising 371719 5 38746 2413532 1272007 3724285 Tuition and Fees 611600 53721330 53721330 Student Room & Board 611600 5665564 5665564 Other Program Service Revenue 561439 366256 366256 Sports Camp 624110 201465 201465 Bookstore 459210 51828 51828 60006443 1447141 1447141 200250 79914 120336 120336 120336 1921136 899482 423980 1021654 -423980 597674 -423980 1021654 44110 38746 45710 -1600 -1600 65894279 59582463 0 2587531 17120661 17120661 904135 525035 295355 83745 16064984 14982566 1082418 390657 378380 12277 1904506 1802611 101895 1228335 1145573 82762 218649 218649 93908 93908 73290 73290 459221 156 459065 191743 163677 24911 3155 38099 783 37316 5474543 3254631 2213895 6017 423262 403268 19525 469 60134 56360 3174 600 1491513 1449822 41691 3546640 2906936 639704 454414 228043 226371 Contract Service Suppor 3597278 2371411 1205957 19910 Co-curricular & Support 2796385 2297123 481603 17659 Student Board Plan 1985101 1985101 Contr Svcs - Religious 862591 431046 431545 2868386 2375073 427791 65522 62248435 53878256 8173102 197077 X 215519 252255 4392348 5222281 1639911 1214861 2081086 2478558 160203 147133 676489 1123399 124002837 42934783 70259311 81068054 54803505 59188849 7076622 1217862 141304994 151913252 3862386 4637248 354064 390905 2802079 3171517 39294122 42685493 1752766 405948 48065417 51291111 X 72620066 78705325 20619511 21916816 93239577 100622141 141304994 151913252 X 3645844 3736720 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39862999 354357 4082661 -1921136 42378881 46188018 753051 -5232429 -1845641 39862999 40959845 821723 8660581 -4254131 46188018 41389109 573109 620015 -1622388 40959845 39867886 577988 2714595 -1771360 41389109 0.54950 0.31480 0.13570 0 0 2782450 2782450 89335581 28227298 61108283 19548873 14031991 5516882 12335933 675494 11660439 81068054 Copier Lease 17874 Fair Value of Interest Rate Swap Agreement 70291 Postage Meter Lease 4661 SSC Agreement Payable 313122 405948 52278682 3736720 125624 3862344 48416338 17477941 17477941 65894279 44896118 125624 125624 44770494 17477941 17477941 62248435 Part V, Line 4: The overall objective of the University's endowment funds is to provide long-term operational support for the University's mission. Part XI, Line 2d - Other Adjustments: Rental Expenses 79,914. Fundraising Events 45,710. Part XI, Line 4b - Other Adjustments: Student Scholarships & Grants 17,120,661. Student Labor 357,280. Part XII, Line 2d - Other Adjustments: Rental Expenses 79,914. Fundraising Events 45,710. Part XII, Line 4b - Other Adjustments: Student Scholarships & Grants 17,120,661. Student Labor 357,280. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Rivier University publicizes its racially nondiscriminatory policy and is included in all its catalogues and publications including employee handbooks. The statement reads as follows: NOTICE OF NONDISCRIMINATION: Rivier University does not discriminate on the basis of race, color, national origin, religion, age, veteran or marital status, sex or handicap in admission to, access to, treatment in or employment in its programs and activities. The following persons have been determined to have been designated to handle inquiries regarding the nondiscrimination policies: Director of Human Resources, (for employees) and Vice President of Student Development (for students). Inquiries concerning the application of nondiscrimination policies may also be referred to the Regional Director, Office of Civil Rights, U.S. Department of Education, J.W. McCormack P.O.C.H., Room 222, Boston, MA 02109-4557. Schedule E, Part I, Line 6 The institution receives financial aid from a government agency in the form of student aid programs: Federal Pell Grants Federal Work-Study Federal Supplemental Education Opportunity Grants Federal Family Education Loans Federal Perkins Loans Federal Teacher Education Assistance for College and Higher Education HEERF Education Stabilization Fund (CARES Part A-Students) Alumni Weekend 7814 7814 14700 Golf Tournament 75042 38746 36296 31010 82856 38746 44110 45710 45710 -1600 1 Federal Scholarships & Grants 175 176185 Donor Restricted & Endowed Scholarships 564 1105505 Unrestricted Scholarships & Awards 2206 15838971 FMV Tuition discounts Part I, Line 2: The Organization awards grants to students to be used for educational purposes by debiting the student's account directly. This system ensures the funds are used appropriately. X X X 1 0 0 0 0 0 0 0 0 Brian Ernsting VP Academic Affairs 173687 0 0 0 0 0 8454 0 7533 0 189674 0 0 0 Dr John Gleason Dean of Education 163524 0 0 0 0 0 6309 0 12701 0 182534 0 0 0 Karen Cooper VP University Advance 144080 0 0 0 0 0 7824 0 13650 0 165554 0 0 0 Steven Perrotta VP Finance & Admin 137517 0 0 0 0 0 7555 0 15547 0 160619 0 0 0 Paul Brower VP Enrollment Manager 137829 0 0 0 0 0 7605 0 12870 0 158304 0 0 0 Paula Williams Dean of Nursing 143614 0 0 0 0 0 7251 0 830 0 151695 0 0 0 Mr Kurt Stimeling VP Student Affairs 102378 0 0 0 32778 0 4980 0 10272 0 150408 0 0 0 Part I, Line 4a Kurt Stimeling received a severance package totaling $32,778. A NH Higher Ed & Health Facilities 020279866 644614VH9 2019-04-01 30696539 Schedule O 0 0 0 B NH Higher Ed & Health Facilities 020279866 2021-09-01 10000000 See Part VI 0 0 0 C NH Higher Ed & Health Facilities 020279866 2022-12-15 15000000 See Part VI 0 0 0 A 1841474 30696539 17000000 366539 13330000 2020 1 0 1 1 B 112057 10000000 9862601 137399 2022 0 0 1 1 C 15000000 211419 3731066 11057515 2024 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 1 1 JP Morgan Chase 15.000000000000 0 0 0 0 0 B 0 0 0 0 1 1 M&T BANK 20.000000000000 0 0 0 0 0 C 0 0 1 0 1 1 M&T BANK 13.000000000000 0 0 0 0 0 A 0 B 0 C 0 Schedule K - Purpose of Issue Description A - The Rivier College Series 2019 bond proceeds were used for the following purposes: a) Construction of a new science & technology facility - $17,000,000 b) Refund of prior bond issues as follows: Series 2008 - $13,330,000 c) Cost of issuance and underwriter expense - $366,539 NH Higher Ed & Health Facilities B - The Rivier University Series 2021 bond proceeds were used for the following purposes: a) Renovations of a nursing and cyber business facility - $10,000,000 NH Higher Ed & Health Facilities C - The Rivier University Series 2022 bond proceeds were used for the following purposes: a) Construction of student housing - $3,942,485 Sisters of Presentation of Mary Corp. Members 400162 Compensation & benefits for leadership and educational services 0 Form 990, Part VI, Section B, line 11b In addition to a review by the Board of Trustee Audit Committee, a copy of the Form 990 is provided to all Board members for their review and comments. Form 990, Part VI, Section B, line 12c The university has written conflict of interest policies for its trustees and its employees. Such individuals are required to disclose any such potential conflicts of interest as soon as they encounter them. The university monitors these policies on a continuous basis, including through the controls present over cash disbursements and contracts in the finance office. If a potential conflict of interest is present with respect to a trustee, that trustee shall absent himself or herself from discussions of, and abstain from voting on, such matters under consideration by the Board of Trustees or its committees. Form 990, Part VI, Section B, line 15a The process for determining the compensation involves comparisons with comparable schools, as reported on their Form 990. Form 990, Part VI, Section C, line 19 The documents are made available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Rivier University 420 South Main St Nashua, NH 03060-5086 EIN 02-0223339 Rivier University is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Sisters of the Presentation of Mary 209 Lawrence Street Methuen MA 01844 020263066 Religious MA 501c3 Line 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Sisters of the Presentation of Mary M 400162 Salaries and Benefits