2022-02-18T14:57:40-06:00 2021-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2020-07-01 020222120 Colby-Sawyer College COLB 6035263000 541 Main Street New London NH 03257 Karen Bonewald VP Finance/Administration 6035263000 2022-02-15 1 Karen Bonewald 999009999 Melissa Magoon CPA P01712842 2077752387 2022-02-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Susan D Stuebner EdD 541 Main Street New London NH 03257 104956176 0 X www.colby-sawyer.edu X 1837 NH Institute of Higher Learning 24 24 801 60 287453 0 10693679 24420588 45487673 46522368 4317765 2390266 0 0 60499117 73333222 24553936 25566231 0 0 16714666 17006852 37506 41480 855647 14194877 13700365 55500985 56314928 4998132 17018294 106205633 126086266 40854933 33341106 65350700 92745160 X Colby-Sawyer College is a private, independent, residential, college offering undergraduate and graduate educational programs based in the liberal arts and sciences and designed to prepare students for their professions and lives of ongoing learning. Faculty, staff and students strive for excellence in the College's engaged teaching and learning community to foster students' academic, intellectual, and personal growth. The College prepares students to thrive in, and make a positive impact upon, a dynamic, diverse, and interdependent world. Colby-Sawyer College was founded as an academy in 1837 and has been integrated in higher education since 1928. 0 0 39401314 25566230 35392788 Institution provided a liberal arts, four-year private education with an emphasis on health sciences for undergraduates as well as degrees for professional learners and supported those efforts with academic support services (library, tutoring, career development) and financial assistance through gifts, grants, endowment income and college resources which assisted students in financing the cost of their attendance. 6932344 11129580 Auxiliary services provided food service and facilities to students as part of a residential institution; student services provided additional support for athletics, health and counseling, student activities, and student government. 46333658 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 70 0 1 801 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NH X Karen Bonewald 6035263000 541 Main Street New London NH 03257 Lisa Hogarty Chair 4.00 X X 0 0 0 Anthony H Librot Vice Chair 2.00 X X 0 0 0 Bonita S Basnyat Trustee 2.00 X 0 0 0 Jordan K P Bell Trustee 2.00 X 0 0 0 Steve Birge Trustee 2.00 X 0 0 0 Bernard N Botchway Trustee 2.00 X 0 0 0 Collin D Bray Trustee 2.00 X 0 0 0 Pamela S Bright Trustee 2.00 X 0 0 0 Wendy Carey Trustee 2.00 X 0 0 0 Aimee M Claiborne Trustee 2.00 X 0 0 0 Deborah L Coffin Trustee 2.00 X 0 0 0 Edwin A Cowell Trustee 2.00 X 0 0 0 Thomas C Csatari Trustee 2.00 X 0 0 0 Ann C Harris Trustee 2.00 X 0 0 0 Mitchell E Harris Trustee 2.00 X 0 0 0 Thomas W Hoyt Trustee 2.00 X 0 0 0 Susan MacMichael John Trustee 2.00 X 0 0 0 Bruce King Trustee 2.00 X 0 0 0 Beth Meurlin Trustee 2.00 X 0 0 0 William H Mitchell Trustee 2.00 X 0 0 0 Margaret V Mulley Trustee 2.00 X 0 0 0 JoAnn Overfield Trustee 2.00 X 0 0 0 Susan Pomerantz Trustee 2.00 X 0 0 0 Barbara-Jan Wilson Trustee 2.00 X 0 0 0 Cailin C Bullett Past Trustee 2.00 X 0 0 0 Nicholas A Ciarlante Past Trustee 2.00 X 0 0 0 Matthew L Godbout Past Trustee 2.00 X 0 0 0 William T Hopwood Past Trustee 2.00 X 0 0 0 Gretchen R Massey Past Trustee 2.00 X 0 0 0 Dave Payne Past Trustee 2.00 X 0 0 0 Peter Volanakis Past Trustee 2.00 X 0 0 0 Susan Stuebner President 40.00 X 309167 0 36647 Karen Bonewald VP Finance/ Treasurer 40.00 X 167261 0 7109 Dan Parish VP Advancement 40.00 X 153496 0 3625 Laura Sykes VP Academics 40.00 X 152580 0 16973 Gregg Mazzola VP Communications 40.00 X 144318 0 18823 Elizabeth Crockford Project Manager 40.00 X 124807 0 10094 Robin Davis VP Student Development 40.00 X 116881 0 24146 1168510 0 117417 12 0 1 0 Eat'N Park Hospitality Group PO Box 644091 Pittsburgh PA 152644091 Food & Maintenance 2616124 EAB Global Inc PO Box 603519 Charlotte NC 282603519 Consulting 302530 HP Cummings Construction Co 5 High Street Woodsville NH 03785 Construction 280013 Northpoint Roofing Inc 185 Mast Road Goffstown NH 03045 Construction 233804 Carnegie Dartlet LLC 210 Littleton Road Suite 100 Westford MA 01886 Consulting 180965 6 5844373 18576215 10493553 24420588 Tuition and Fees 611710 35043851 35043851 Auxiliary Enterprises 713940 11129580 10842127 287453 Other Student Revenue 611710 348937 348937 46522368 1186675 1186675 32826545 31622954 1203591 1203591 1203591 73333222 46234915 287453 2390266 25566231 25566231 520184 520184 12954460 9728252 2648744 577464 423417 322009 92705 8703 2247112 1641129 560400 45583 861679 623219 221226 17234 36340 36340 115298 115298 41480 41480 119589 119589 3919643 3254822 633589 31232 9378 5078 4300 124071 40745 83326 47762 47762 1402485 40806 1361679 18713 15464 1054 2195 1059172 934637 124535 2188772 1933719 255053 730524 28575 701949 Miscellaneous 1861461 984788 842649 34024 Other Student Services 1605027 704292 886329 14406 Food 246844 246844 Sports 215286 215286 56314928 46333658 9125623 855647 X 98324 80167 4213055 4661018 2061808 2022026 3575784 1101891 289893 247225 450972 413123 98864293 46065478 53319993 52798815 39142887 61665174 3052917 3096827 106205633 126086266 1915767 2583904 2380271 2390591 23195398 22532025 4306664 344621 4643071 3945254 4413762 1544711 40854933 33341106 X 23751058 29025514 41599642 63719646 65350700 92745160 106205633 126086266 X 17018294 10552665 -176499 X 0 1 X 1 1 1 X 7182863 3498574 10824851 10693679 24420588 56620555 7182863 3498574 10824851 10693679 24420588 56620555 17361560 39258995 1071748 1031140 1503161 877214 1186675 5669938 62290493 238959820 0.63030 0.67200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 Part II-B, Line 1: Colby-Sawyer College belongs to member organizations which may engage in lobbying activities. An unknown amount of such dues paid may pertain to lobbying activities. 42050 X 0 39820353 13044829 12025764 2444898 62446048 39447403 883215 1999603 2509868 39820353 37513273 3348823 2494370 3909063 39447403 36578890 1523792 2412190 3001599 37513273 34954882 2034448 4502436 4912876 36578890 0.11263 0.70467 0.18271 0 0 2144425 2144425 72229242 46065478 26163764 17867814 17867814 6622812 6622812 52798815 U.S. Government Loan Advances 346228 Post-Retirement Benefits Liability 828587 Annuity Obligations 369896 1544711 58023568 10552665 8594 10561259 47462309 119589 25751324 25870913 73333222 30629108 0 30629108 119589 25566231 25685820 56314928 Part V, Line 4: The College's endowment consists of approximately 200 individual funds established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by U.S. GAAP, net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part XI, Line 2d - Other Adjustments: Adjustment of Present Value Liability 8,594. Part XI, Line 4b - Other Adjustments: Scholarships and Other Expenses 25,566,231. Change in Value of Life Income Funds 185,093. Part XII, Line 4b - Other Adjustments: Scholarships 25,566,231. Schedule D, Part VI: Accumulated depreciation is consolidated into one account. Therefore, the Organizations maintains no categorical breakdown of accumulated depreciation. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The nondiscrimination policy is published in the college catalogue, student handbook, and all recruiting documents. Schedule E, Part I, Line 6 Colby-Sawyer College receives loans and other government grant money. X X X X X X X 1 Ruffalo Noel Levitz 1025 Kirkwood Parkway SW Cedar Rapids IA 52402 Solicitation and Consulting for Fundraising 0 0 13382 -13382 Pentera 8650 Commerce Park Place Suite G Indianapolis IN 46268 Solicitation and Consulting for Fundraising 0 0 28098 -28098 41480 -41480 NH AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VT VA WA WV WI WY 1 Federal SEOG Grant 183 179803 FMV Financial Aid disbursed directly to student account Consortium Grants 16 620340 FMV Financial Aid disbursed directly to student account CSC Grant 369 1760457 FMV Financial Aid disbursed directly to student account CSC Housing Grant 22 109149 FMV Financial Aid disbursed directly to student account CSC Scholarships 765 20823276 FMV Financial Aid disbursed directly to student account Endowed Scholarships 227 1333105 FMV Financial Aid disbursed directly to student account Restricted Scholarships 107 672561 FMV Financial Aid disbursed directly to student account CSC Grad Grants 49 67540 FMV Financial Aid disbursed directly to student account Part I, Line 2: All assistance is in the form of grants and scholarships. These funds are applied directly to the student's account. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Susan Stuebner President 309167 0 0 0 0 0 5610 0 31037 0 345814 0 0 0 Karen Bonewald VP Finance/ Treasurer 167261 0 0 0 0 0 6120 0 989 0 174370 0 0 0 Dan Parish VP Advancement 153496 0 0 0 0 0 3060 0 565 0 157121 0 0 0 Laura Sykes VP Academics 152580 0 0 0 0 0 2850 0 14123 0 169553 0 0 0 Gregg Mazzola VP Communications 144318 0 0 0 0 0 3000 0 15823 0 163141 0 0 0 Part I, Line 1a The College provides a housing allowance for the President of the Organization, as it is required that he/she lives on campus as a part of his/her employment. Additionally, the College provides gross-up payments for moving expenses to cover the FICA and Medicare taxes for relocating employees. A New Hampshire Health and Education Facilities Authority 020279866 2012-06-13 27000000 Refinancing of Previous Bonds & Capital Improvements 0 0 0 A 4162834 27000000 371899 26628101 2012 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 X 8 10476947 Stock Exchange X Core Networking equipment 1 11288 Receipt of purchase X Tasco Security's alarm system install 1 2191 Receipt of purchase X 400 aluminum water bottles for faculty and staff 1 2044 Receipt of purchase X Student rewards in BUS403 1 430 Receipt of purchase X To underwrite bagpiper fees for Commencement 1 250 Receipt of purchase X 2 24" Roku Smart TVs for orientation raffle 1 178 Receipt of purchase X Keurig coffee maker for Adv. suite 1 79 Receipt of purchase X 3 webcams for student development 1 78 Receipt of purchase X 1 webcam 1 50 Receipt of purchase X 27 DVDs for library 1 1 Receipt of purchase X 3 books 1 1 Receipt of purchase X 300 bandaids and chapsticks 1 1 Receipt of purchase X 300 packs of hand sanitizer, carabiners and coupons 1 1 Receipt of purchase X 37 DVDs for library 1 1 Receipt of purchase X 8 DVDs for library 1 1 Receipt of purchase X Bags of Halloween candy for students 1 1 Receipt of purchase X Clothing for the BOLD Women's Leadership Network 1 1 Receipt of purchase X CSC quilts, clothing, documents for archives 1 1 Receipt of purchase X Misc. DVDs and books 1 1 Receipt of purchase X Miscellaneous items and equipment for use in the Natural Sciences Dept 1 1 Receipt of purchase X 1 book and 2 graphic novels for library 1 1 Receipt of purchase X Several miscellaneous books for Susan Colgate Cleveland Library 1 1 Receipt of purchase X Various camera equipment 1 1 Receipt of purchase X VT Heritage 1 1 Receipt of purchase X Waived fee for BOLD Scholar's presentation 10/2020 1 1 Receipt of purchase X Waived fee for BOLD Scholar's presentation 10/2020 1 1 Receipt of purchase X Welding torch kit for sculpture studio 1 1 Receipt of purchase X Tucker's GC for senior raffle 1 0 Receipt of purchase X Underwrite catering for development event 8/9/19 1 0 Receipt of purchase X Use of facilities for RA training 1 0 Receipt of purchase X Works of art to the permanent collection to be hung in the dining hall 1 0 Receipt of purchase 0 0 0 Form 990, Part VI, Section B, line 11b The audit committee reviewed a copy of the full Form 990, however only a redacted version without Schedule B was provided to the full Board prior to filing. Form 990, Part VI, Section B, line 12c All trustees submit a conflict of interest questionnaire annually. The questionnaires are reviewed by the secretary of the College and the College treasurer. Any conflicts would be referred to the audit committee, a permanent standing committee of the board of trustees, for review and any necessary action would be taken. Form 990, Part VI, Section B, line 15 Compensation at Colby-Sawyer is under the review of Finance and Investment, a permanent standing committee of the board of trustees. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public through the Organization's website, upon request and through the employee handbook. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: Colby-Sawyer College 541 Main Street, New London, NH 03257 EIN 02-0222120 Colby-Sawyer College is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Life Income Funds -185,093. Adjustment of Present Value Liability 8,594. Joan H Lena Charitable Remainder Trust Heald Financial Consulting 20 Willi Wellesley MA 02481 Charitable Remainder Unitrust MA N/A T 0.50000 0 Robert E Mulholland 2013 Charitable Remainder Unitrust 400 Park Avenue New York NY 10022 Charitable Remainder Unitrust NY Colby-Sawyer College T 571199 1.00000 1 The Richard N Thielen Charitable Remainder Unitrust RINET 101 Federal Street 14th Floor Boston MA 02110 Charitable Remainder Unitrust MA Colby-Sawyer College T 975235 1.00000 1 Patricia A Thornton Charitable Remainder Unitrust US Trust 100 Federal Street Boston MA 02110 Charitable Remainder Unitrust MA Colby-Sawyer College T 1.00000 1 The Mary Scheu Teach Charitable Remainder Annuity Trust Winthrop Financial 111 Genese Stree Buffalo NY 14203 Charitable Remainder Unitrust NY Colby-Sawyer College T 8517 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0