2021-05-05T12:16:29-05:00 2020-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2019-07-01 042104229 STONEHILL COLLEGE INC STON 5085651345 320 WASHINGTON STREET EASTON MA 02357 JEANNE FINLAYSON VP FINANCE & TREASURER 5085651337 2021-04-28 1 BRENDA L BOOTH P01342395 6177610600 2021-04-28 2019 2022-09-23 18:48:47Z REV JOHN DENNING CSC 320 WASHINGTON STREET EASTON MA 02357 176377985 0 X WWW.STONEHILL.EDU X 1934 MA STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE CONGREGATION OF THE HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON. THROUGH ITS CURRICULUM OF LIBERAL ARTS AND SCIENCES AND PRE-PROFESSIONAL PROGRAMS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND THE INTERCHANGE OF IDEAS. STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS, AND LEADS WITH COURAGE TOWARD THE CREATION OF A MORE JUST AND COMPASSIONATE WORLD. 35 34 1809 720 342863 0 13788140 8935699 147933844 143580018 1203521 4874107 -47592 10807 162877913 157400631 54778774 56717197 0 0 57887922 58310022 35642 34414 3543728 45177659 39887567 157879997 154949200 4997916 2451431 435689104 434452173 128623972 125183120 307065132 309269053 X STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE CONGREGATION OF THE HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON. THROUGH ITS CURRICULUM OF LIBERAL ARTS AND SCIENCES AND PRE-PROFESSIONAL PROGRAMS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND THE INTERCHANGE OF IDEAS. STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS, AND LEADS WITH COURAGE TOWARD THE CREATION OF A MORE JUST AND COMPASSIONATE WORLD. 0 0 138656154 56717197 143522310 STONEHILL IS A SELECTIVE CATHOLIC COLLEGE LOCATED NEAR BOSTON ON A BEAUTIFUL 384 ACRE CAMPUS IN EASTON, MASSACHUSETTS. WITH A STUDENT:FACULTY RATIO OF 11:1, THE COLLEGE ENGAGES 2,417 STUDENTS IN 80+ RIGOROUS ACADEMIC PROGRAMS IN THE LIBERAL ARTS, SCIENCES, AND PRE-PROFESSIONAL FIELDS. THE COLLEGE ALSO OFFERS MASTERS PROGRAMS IN INTEGRATED MARKETING COMMUNICATIONS AND SPECIAL EDUCATION. THE STONEHILL COMMUNITY HELPS STUDENTS TO DEVELOP THE KNOWLEDGE, SKILLS, AND CHARACTER TO MEET THEIR PROFESSIONAL GOALS AND TO LIVE LIVES OF PURPOSE AND INTEGRITY. 138656154 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 366 0 1 1809 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 35 34 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA X JEANNE M FINLAYSON 5085651337 320 WASHINGTON STREET EASTON MA 02357 REV JOHN DENNING CSC PRESIDENT 35.00 0.00 X X 0 0 36750 REV CHARLES MCCOY CSC BOARD MEMBER 1.00 0.00 X 0 0 0 SHERILYN MCCOY BOARD MEMBER 1.00 0.00 X 0 0 0 LEO J MEEHAN III BOARD MEMBER 1.00 0.00 X 0 0 0 MARSHA A MOSES BOARD MEMBER 1.00 0.00 X 0 0 0 SAMUEL E NAVARRO BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS J MAY BOARD MEMBER 1.00 0.00 X 0 0 0 REV HUGH R PAGE JR PHD BOARD MEMBER 1.00 0.00 X 0 0 0 JEAN M RAYMOND BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT F RIVERS BOARD MEMBER 1.00 0.00 X 0 0 0 REV JOHN J RYAN CSC BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS A SHIELDS BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETER J WALSH CSC BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICIA M MCCARTAN PRUE BOARD MEMBER 1.00 0.00 X 0 0 0 REV THOMAS LOONEY CSC BOARD MEMBER 1.00 0.00 X 0 0 0 KATHLEEN MILLER BOARD MEMBER 1.00 0.00 X 0 0 0 VICKI C BALSAMO BOARD MEMBER 1.00 0.00 X 0 0 0 REV E WILLIAM BEAUCHAMP CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETER A JARRET CSC BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL J COUGHLIN BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL P DEVASTO BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN F DOHERTY BOARD MEMBER 1.00 0.00 X 0 0 0 REV ROBERT DOWD CSC BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICK D BURKE BOARD MEMBER 1.00 0.00 X 0 0 0 M ELIZABETH FINI BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN J GAFFNEY BOARD MEMBER 1.00 0.00 X 0 0 0 REV ANTHONY R GRASSO CSC BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICK W GRIFFIN BOARD MEMBER 1.00 0.00 X 0 0 0 ELIZABETH G HAYDEN BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL W HERLIHY BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN E DREW BOARD MEMBER 1.00 0.00 X 0 0 0 BROS THOMAS GIUMENTA CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV WILLIAM M LEES CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETE MCCORMICK CSC BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES KEITH MOTLEY BOARD MEMBER 1.00 0.00 X 0 0 0 JEANNE M FINLAYSON VP FOR FINANCE & TREASURER 35.00 0.00 X 267169 0 83125 THOMAS V FLYNN CLERK/GENERAL COUNSELOR 35.00 0.00 X 174835 0 90644 DOUG SMITH VP FOR ADVANCEMENT 35.00 0.00 X 203878 0 68164 PAULINE DOBROWSKI VP FOR STUDENT AFFAIRS 35.00 0.00 X 173028 0 46741 CRAIG BINNEY ASSOC. VP OF FINANCE 35.00 0.00 X 191348 0 49498 DEBRA SALVUCII DEAN FOR THE SCHOOL OF BUSINESS 35.00 0.00 X 184315 0 30665 PETER N UBERTACCIO DEAN FOR THE SCHOOL ARTS & SCIENCES 35.00 0.00 X 161698 0 38139 TAMARA ANDERSON CHIEF INFORMATION OFFICER 35.00 0.00 X 167052 0 47474 ROBERT ROSENTHAL FACULTY - PROFESSOR 35.00 0.00 X 173870 0 30797 MARIA CURTIN DEAN OF FACULTY 35.00 0.00 X 164589 0 44814 LEE MCGINNIS FACULTY - PROFESSOR 35.00 0.00 X 154229 0 16618 JENNIFER SWANSON FACULTY - PROFESSOR 35.00 0.00 X 153095 0 13278 JOSEPH FAVAZZA FORMER KEY EMPLOYEE 35.00 0.00 X 135095 0 29971 FRANCIS DILLON FORMER KEY EMPLOYEE 35.00 0.00 X 126066 0 39486 2430267 0 666164 97 1 1 0 BOND BROTHERS INC 145 SPRING STREET EVERETT MA 02149 CONSTRUCTION 6261894 SODEXO INC & AFFILIATES C/O DINING SERVICES 320 WASHINGTON NORTH EASTON MA 02357 FOOD SERVICES 5588974 CONGREGATION OF HOLY CROSS US PROVINC PO BOX 774 NOTRE DAME IN 46556 ADMIN & INSTRUCTIONAL SERVICES 1114896 MAJESTIC CONSTRUCTION INC 344 JOHN DIETSCH BLVD UNIT 14 NORTH ATTLEBORO MA 02763 CONSTRUCTION 812756 ANANIA PLUMBING AND HEATING PO BOX 455 WEST BRIDGEWATER MA 023790455 CONSTRUCTION 638209 9 78288 5369970 3487441 417166 8935699 TUITION AND FEES 900099 110116768 110116768 AUXILLARY SERVICES 900099 29262751 29262751 OTHER EDUCATIONAL SERVICES 900099 4200499 4142791 57708 143580018 1016355 176181 840174 22803535 18945783 3857752 3857752 108974 3748778 42378 78288 31571 10807 10807 157400631 143522310 342863 4599759 76957 76957 56640240 56640240 1545427 557596 658831 329000 44115500 37510037 4755882 1849581 3676972 3065501 436035 175436 5708566 4759246 676952 272368 3263557 2720836 387010 155711 54999 54999 145183 145183 34414 34414 825387 825387 2509172 1873511 449899 185762 879624 665663 206900 7061 741943 432419 140620 168904 2409214 1204607 1204607 7074394 6365906 708488 1575371 1418653 79158 77560 2283610 2188653 94957 8109554 7247436 862118 857859 857859 DINING SERVICES 4223949 4206248 4039 13662 STUDY ABROAD & INTERNSH 2411022 2411022 FOOD/EVENT CATERING 1390695 1208184 88610 93901 EQUIPMENT RENTAL AND MA 1062880 748440 298661 15779 3332711 2497140 670982 164589 154949200 138656154 12749318 3543728 17925565 18139595 1589915 497162 15100144 11916876 864415 1302304 523332 413508 74493 49951 709634 664551 298778720 118203833 178772814 180574887 28280361 29875314 189519827 188704062 2328604 2313963 435689104 434452173 3862520 674125 1455480 5341245 106806027 102257863 599308 0 15900637 16909887 128623972 125183120 X 217724761 224312585 89340371 84956468 307065132 309269053 435689104 434452173 X 2451431 3311740 -3559250 X 0 1 X 1 1 1 X 5548235 20490384 9880428 13788140 8935699 58642886 5548235 20490384 9880428 13788140 8935699 58642886 7262822 51380064 3456957 2929429 328240 705385 1016355 8436366 121031 84470 76566 132971 42378 457416 67536668 697272567 0.76080 0.68750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 0 PART II-B, LINE 1: STONEHILL COLLEGE PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. THEREFORE A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. X X 0 217240018 3119435 7263559 2690024 6100271 218832717 211414415 2884382 11433666 2586911 5905534 217240018 194142067 7187409 18139745 1997473 6057333 211414415 178738401 1755966 21410468 1994724 5768044 194142067 188638643 2759146 -5051444 1653125 5954819 178738401 0.69020 0.30980 1 0 752119 752119 236047650 75639217 160408433 1060741 509761 550980 41761007 30293253 11467754 19157203 11761602 7395601 180574887 HEDGE FUNDS & PRIVATE EQUITIES 188704062 F 188704062 INTEREST RATE SWAP AGREEMENTS 10425655 INTEREST & ACCRUED LIABILITIES 3899723 GOVERNMENT ADV. FOR STUDENT LOANS 356392 ACCRUED PAYROLL AND OTHER BENEFITS 1813767 ANNUITY OBLIGATIONS 414350 16909887 X 99719064 3311740 -3527679 -215939 99935003 825387 56640241 57465628 157400631 97515143 31571 31571 97483572 825387 56640241 57465628 154949200 PART III, LINE 4: STONEHILLL COLLEGE MAINTAINS A COLLECTION OF HISTORICAL ARTIFACTS FOR PUBLIC EXHIBITION AND EDUCATION IN FURTHERANCE OF PUBLIC SERVICE AND NOT FOR FINANCIAL GAIN. THE COLLEGE DOES NOT CAPITALIZE ITS COLLECTION OF HISTORICAL ARTIFACTS. PART V, LINE 4: ENDOWMENT FUNDS ARE SPENT IN ACCORDANCE WITH DONOR RESTRICTIONS. THE FUNDS ARE INVESTED TO PRESERVE STONEHILL'S PURCHASING POWER WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE MISSION OF THE COLLEGE. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN UNCERTAINTIES REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET LOSS ON INTEREST RATE SWAP -3,559,250. FUNDRAISING EVENT EXPENDITURES 31,571. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND OTHER AWARDS 56,640,241. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 31,571. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND OTHER AWARDS 56,640,241. 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 FOLLOWING STATEMENT IS INCLUDED IN ALL BROCHURES, CATALOGUES, AND OTHER COMMUNICATIONS WITH THE PUBLIC DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS: "STONEHILL COLLEGE PROHIBITS DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, DISABILITY, AGE, VETERAN STATUS, MARITAL STATUS, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, OR OTHER LEGALLY PROTECTED STATUS IN ADMISSION TO, ACCESS TO, TREATMENT IN OR EMPLOYMENT IN ITS PROGRAMS AND ACTIVITIES, EXCEPT WHERE SUCH CONDITIONS MAY CONSTITUTE BONA FIDE QUALIFICATIONS FOR THE PROGRAMS OR ACTIVITIES IN QUESTION." SCHEDULE E, PART I, LINE 6 THIS INSTITUTION AND ITS STUDENTS PARTICIPATE IN THE FOLLOWING FEDERAL FUNDED PROGRAMS: FEDERAL PELL GRANT, FEDERAL PERKINS LOAN, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANT, AND FEDERAL WORK STUDY. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD 1854522 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD 386774 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD 27105 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD 40780 0 0 0 0 0 0 2309181 0 2309181 1 0 1 1 1 0 PART I, LINE 3: THE ORGANIZATION REPORTS THESE FOREIGN EXPENDITURES AS REPORTED IN THE FINANCIAL RECORDS. PART III ACCOUNTING METHOD: X X X X X X X 1 WASHBURN & MCGOLDRICK 950 NEW LONDON ROAD SUITE 210 LATHAM NY 12110 FUNDRAISING CONSULTANT 0 0 34414 0 34414 MA GOLF TOURNAMENT 120666 78288 42378 31571 120666 78288 42378 31571 31571 10807 SCHEDULE G, PART I: SERVICES PROVIDED BY WASHBURN & MCGOLDRICK, INC. WERE NOT ASSOCIATED WITH ANY SPECIFIC FUNDRAISING EVENT. 1 CATHOLIC SCHOOLS FOUNDATION 67 BATTERYMARCH STREET 6TH FLOOR BOSTON MA 02110 222485502 501(C)3 5000 GENERAL SUPPORT NEW ENGLAND COUNCIL 98 NORTH WASHINGTON STREET BOSTON MA 02114 041661090 501(C)6 5000 GENERAL SUPPORT DIOCESE OF FALL RIVER PO BOX 1470 FALL RIVER MA 02720 043000709 501(C)3 5000 GENERAL SUPPORT 2 1 TUITION ASSISTANCE 2502 56640240 FMV SCHOLARSHIPS PART I, LINE 2: THE COLLEGE AWARDS GRANTS ON A FISCAL YEAR BASED ACCORDING TO THE OVERALL YEARLY BUDGET. INDIVIDUAL AWARDS ARE PACKAGED BASED ON AN OVERALL COLLEGE STRATEGY EMPLOYING NEED AND MERIT CRITERIA. THE COLLEGE'S FINANCIAL AID OFFICE WORKS WITH OUTSIDE CONSULTANTS TO PREPARE PACKAGES. THE FINANCIAL AID OFFICE WORKS WITH STUDENTS TO ACCEPT AND/OR ADJUST INDIVIDUAL GRANTS. THE COLLEGE ALSO PROVIDES CHARITABLE SUPPORT TO U.S. SECTION 501(C)(3) PUBLIC CHARITIES IN FURTHERANCE OF ITS MISSION. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JEANNE M FINLAYSON VP FOR FINANCE & TREASURER 266051 0 0 0 1118 0 33436 0 49689 0 350294 0 0 0 THOMAS V FLYNN CLERK/GENERAL COUNSELOR 174605 0 0 0 230 0 20639 0 70005 0 265479 0 0 0 DOUG SMITH VP FOR ADVANCEMENT 203097 0 0 0 781 0 23436 0 44728 0 272042 0 0 0 PAULINE DOBROWSKI VP FOR STUDENT AFFAIRS 172801 0 0 0 227 0 20323 0 26418 0 219769 0 0 0 CRAIG BINNEY ASSOC. VP OF FINANCE 190588 0 0 0 760 0 23036 0 26462 0 240846 0 0 0 DEBRA SALVUCII DEAN FOR THE SCHOOL OF BUSINESS 183274 0 0 0 1041 0 20520 0 10145 0 214980 0 0 0 PETER N UBERTACCIO DEAN FOR THE SCHOOL ARTS & SCIENCES 161506 0 0 0 192 0 9085 0 29054 0 199837 0 0 0 TAMARA ANDERSON CHIEF INFORMATION OFFICER 166082 0 0 0 970 0 19145 0 28329 0 214526 0 0 0 ROBERT ROSENTHAL FACULTY - PROFESSOR 170787 0 0 0 3083 0 19482 0 11315 0 204667 0 0 0 MARIA CURTIN DEAN OF FACULTY 163659 0 0 0 930 0 18430 0 26384 0 209403 0 0 0 LEE MCGINNIS FACULTY - PROFESSOR 153769 0 0 0 460 0 14155 0 2463 0 170847 0 0 0 JENNIFER SWANSON FACULTY - PROFESSOR 150636 0 0 0 2459 0 10792 0 2486 0 166373 0 0 0 JOSEPH FAVAZZA FORMER KEY EMPLOYEE 133337 0 0 0 1758 0 14253 0 15718 0 165066 0 0 0 FRANCIS DILLON FORMER KEY EMPLOYEE 124211 0 0 0 1855 0 12711 0 26775 0 165552 0 0 0 SCHEDULE J, PART I: STONEHILL COLLEGE PAID FOR PROFESSIONAL SERVICES BASED ON MARKET COMPENSATION AND BENEFITS, TOTALING $1,114,896 TO THE CONGREGATION OF THE HOLY CROSS FOR INSTRUCTIONAL, ADMINISTRATIVE, AND INSTITUTIONAL SERVICES. INDIVIDUAL MEMBERS OF THE CONGREGATION ADHERE TO THE VOW OF POVERTY. SCHEDULE J, PART I, LINES 1A & 1B: AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF STONEHILL COLLEGE, THE PRESIDENT RECEIVED NON-TAXABLE HOUSING ON CAMPUS. A MHEFA SERIES L 041456011 57586ELC3 2009-08-05 22197354 CONSTRUCT 250 BED RESIDENCE HALL 1 0 0 B MHEFA SERIES K 043431814 000000000 2015-11-04 56675000 REFINANCE SERIES K (2008) 0 0 0 C MHEFA SERIES M 043431814 000000000 2017-03-30 15300000 CONSTRUCT ACADEMIC & WELCOME CENTER 0 0 0 D MHEFA SERIES O 043431814 000000000 2018-06-01 25000000 CONSTRUCT BUSINESS BUILDING 0 0 0 A 8295000 13705000 22197354 385520 21811834 2010 0 0 1 1 B 6337500 56675000 56675000 2009 1 0 1 1 C 948783 15300000 112280 15187720 2018 0 0 1 1 D 25000000 139980 24860020 2019 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.01860 0.01860 0 0 1 C 0 0 0 0 0.00000 0.00590 0.00590 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 1 0 0 1 1 BANK OF AMERICA NA - SEE BELOW 0 0 0 0 1 C 0 1 0 0 1 0 0 0 1 D 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART II, LINE 13: YEAR OF SUBSTANTIAL COMPLETION - FOR BOND ISSUE A, YEAR OF SUBSTANTIAL COMPLETION REFERS TO THE PROJECTS FINANCED BY PROCEEDS OF THE REFUNDED BONDS. SCHEDULE K, PART IV, COLUMN B, LINE 4C: THERE ARE 3 TERMS TO THE INTEREST RATE SWAP: 20.2 YEARS 20.1 YEARS 29.1 YEARS SCHEDULE K, PART IV, COLUMN A, LINE 2C: FOR THE REBATE COMPUTATION PERIOD OF AUGUST 5, 2009 TO JUNE 30, 2011, NO REBATE LIABILITY HAS ACCRUED AND ALL PROCEEDS WERE ALLOCATED TO EXPENDITURES. SCHEDULE K, PART IV, COLUMN A, LINE 2B: THE GROSS PROCEEDS MET THE REQUIREMENTS OF THE 6-MONTH SPENDING EXCEPTION. 100% OF THE GROSS PROCEEDS WERE USED TO REFINANCE AND CURRENTLY REFUND THE ORIGINAL SERIES K (2008) BONDS. A MDFA REVENUE BONDS SERIES N (REISSUED) 043431814 000000000 2019-03-27 14640980 REISSUANCE OF SERIES N (2017) 0 0 0 A 1508488 14640980 14640980 2010 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 1 1 A 1 WB MASON SEE STATEMENT 1618071 SALE OF PRODUCTS 0 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: W.B. MASON IS A COMPANY OWNED BY A TRUSTEE AND HIS FAMILY. STONEHILL COLLEGE PURCHASED PRODUCTS FROM THE COMPANY. X 28 417166 PUBLICLY TRADED 0 0 1 0 PART I, COLUMN (B): AMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF TRUSTEES MAY APPOINT AN EXECUTIVE COMMITTEE AND MAY DELEGATE TO ANY SUCH COMMITTEE SOME OR ALL OF THEIR POWERS EXCEPT THOSE WHICH BY LAW, THE ARTICLES OF INCORPORATION, OR THE BYLAWS THEY MAY NOT DELEGATE. FORM 990, PART VI, SECTION A, LINE 6 STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND SIGNED BY CBIZ MHM, LLC AS PAID PREPARER. THE FORM 990 IS FIRST REVIEWED BY STONEHILL COLLEGE'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, STONEHILL COLLEGE'S INTERNAL MANAGEMENT AND PAID PREPARER PRESENT THE FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE COMPLETED FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. QUESTIONNAIRES ARE COLLECTED AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AT ANY LEVEL AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WHICH IS DETERMINED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 STONEHILL COLLEGE ANNUALLY REVIEWS THE SALARIES OF ITS EXECUTIVE LEVEL MANAGEMENT WITH THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE HUMAN RESOURCE OFFICE PROVIDES COMPARABLE MARKET DATA ON THESE POSITIONS AT SIMILAR SIZE INSTITUTIONS. THE COLLEGE PRESIDENT MAKES SALARY RECOMMENDATIONS FOR HIS (HER) TOP MANAGEMENT REPORTS AND THE CHAIRMAN OF THE BOARD OF TRUSTEES MAKES A RECOMMENDATION ON THE PRESIDENT'S SALARY TO BE PAID TO THE CONGREGATION OF THE HOLY CROSS. COMPENSATION RECOMMENDATIONS ARE APPROVED BY THE COMPENSATION COMMITTEE. STONEHILL COLLEGE'S PRESIDENT IS A MEMBER OF THE CONGREGATION OF THE HOLY CROSS AND HAS TAKEN A VOW OF POVERTY, ALONG WITH OTHER MEMBERS OF THE HOLY CROSS COMMUNITY WHO PROVIDE SERVICES TO STONEHILL COLLEGE. TOTAL PAYMENT TO THE CONGREGATION OF THE HOLY CROSS IN FY2020 WAS $1,453,561. FORM 990, PART VI, SECTION C, LINE 19 AT THIS TIME, STONEHILL COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE COLLEGE POSTS ITS FINANCIAL STATEMENTS TO THE ELECTRONIC MUNICIPAL MARKET ACCESS WEBSITE AT EMMA.MSRB.ORG AS WELL AS ON THEIR OWN WEBSITE AT STONEHILL.EDU, WHERE THEY ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET LOSS FROM INTEREST RATE SWAPS -3,559,250. PERPETUAL TRUSTS (2) TRUST MA STONEHILL COLLEGE INC T 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NA