STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

STONEHILL COLLEGE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
STONEHILL COLLEGE INC (EIN 04-2104229)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-05
IRS object ID
202001269349301960
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-05T15:09:15-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042104229EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STONEHILL COLLEGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTONBusinessNameControlTxt
Phone5085651345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WASHINGTON STREETAddressLine1Txt
CityEASTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02357ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEANNE FINLAYSONPersonNm
Person TitleVP FINANCE & TREASURERPersonTitleTxt
Phone5085651337PhoneNum
Signature2020-04-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA L BOOTHPreparerPersonNm
PTINP01342395PTIN
Phone6177610600PhoneNum
Preparation2020-04-24PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address207.172.72.163IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-04-24IPDt
IP Tm11:44:57IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6EBF32EC077803D5773B28E578504B4367373832AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerREV JOHN DENNING CSCPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WASHINGTON STREETAddressLine1Txt
CityEASTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02357ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$171,981,753GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STONEHILL.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1934FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSTONEHILL 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.ActivityOrMissionDesc
Voting Members Governing Body35VotingMembersGoverningBodyCnt
Voting Members Independent34VotingMembersIndependentCnt
Total Employee1772TotalEmployeeCnt
Total Volunteers670TotalVolunteersCnt
Total Gross UBI-$229,461TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,880,428PYContributionsGrantsAmt
CY Contributions Grants$13,788,140CYContributionsGrantsAmt
PY Program Service Revenue$141,041,864PYProgramServiceRevenueAmt
CY Program Service Revenue$147,933,844CYProgramServiceRevenueAmt
PY Investment Income$12,097,691PYInvestmentIncomeAmt
CY Investment Income$1,203,521CYInvestmentIncomeAmt
PY Other Revenue-$33,370PYOtherRevenueAmt
CY Other Revenue-$47,592CYOtherRevenueAmt
PY Total Revenue$162,986,613PYTotalRevenueAmt
CY Total Revenue$162,877,913CYTotalRevenueAmt
PY Grants And Similar Paid$52,747,001PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$54,778,774CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$57,773,940PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$57,887,922CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$14,282PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$35,642CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,501,279CYTotalFundraisingExpenseAmt
PY Other Expenses$40,120,096PYOtherExpensesAmt
CY Other Expenses$45,177,659CYOtherExpensesAmt
PY Total Expenses$150,655,319PYTotalExpensesAmt
CY Total Expenses$157,879,997CYTotalExpensesAmt
PY Revenues Less Expenses$12,331,294PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,997,916CYRevenuesLessExpensesAmt
Total Assets BOY$404,586,220TotalAssetsBOYAmt
Total Assets EOY$435,689,104TotalAssetsEOYAmt
Total Liabilities BOY$110,466,185TotalLiabilitiesBOYAmt
Total Liabilities EOY$128,623,972TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$294,120,035NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$307,065,132NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSTONEHILL 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$140,972,706ExpenseAmt
Grant$54,778,774GrantAmt
Revenue$147,933,844RevenueAmt
DescSTONEHILL IS A SELECTIVE CATHOLIC COLLEGE LOCATED NEAR BOSTON ON A BEAUTIFUL 384 ACRE CAMPUS IN EASTON, MASSACHUSETTS. WITH A STUDENT:FACULTY RATIO OF 12:1, THE COLLEGE ENGAGES 2,486 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.Desc
Total Program Service Expenses$140,972,706TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document397IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1772EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members35GoverningBodyVotingMembersCnt
Independent Voting Member34IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEANNE M FINLAYSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5085651337PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1320 WASHINGTON STREETAddressLine1Txt
CityEASTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02357ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
REV JOHN DENNING CSC
PRESIDENT35.000.00Yes (X)Yes (X)$0$0$30,434
REV CHARLES MCCOY CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
SHERILYN MCCOY
BOARD MEMBER1.000.00Yes (X)$0$0$0
LEO J MEEHAN III
BOARD MEMBER1.000.00Yes (X)$0$0$0
MARSHA A MOSES
BOARD MEMBER1.000.00Yes (X)$0$0$0
SAMUEL E NAVARRO
BOARD MEMBER1.000.00Yes (X)$0$0$0
THOMAS J MAY
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV HUGH R PAGE JR PHD
BOARD MEMBER1.000.00Yes (X)$0$0$0
JEAN M RAYMOND
BOARD MEMBER1.000.00Yes (X)$0$0$0
ROBERT F RIVERS
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV JOHN J RYAN CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
THOMAS A SHIELDS
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV PETER J WALSH CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
PATRICIA M MCCARTAN PRUE
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV THOMAS LOONEY CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
KATHLEEN MILLER
BOARD MEMBER1.000.00Yes (X)$0$0$0
VICKI C BALSAMO
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV E WILLIAM BEAUCHAMP CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV PETER A JARRET CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
DANIEL J COUGHLIN
BOARD MEMBER1.000.00Yes (X)$0$0$0
DANIEL P DEVASTO
BOARD MEMBER1.000.00Yes (X)$0$0$0
BRIAN F DOHERTY
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV ROBERT DOWD CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
PATRICK D BURKE
BOARD MEMBER1.000.00Yes (X)$0$0$0
M ELIZABETH FINI
BOARD MEMBER1.000.00Yes (X)$0$0$0
BRIAN J GAFFNEY
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV ANTHONY R GRASSO CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
PATRICK W GRIFFIN
BOARD MEMBER1.000.00Yes (X)$0$0$0
ELIZABETH G HAYDEN
BOARD MEMBER1.000.00Yes (X)$0$0$0
MICHAEL W HERLIHY
BOARD MEMBER1.000.00Yes (X)$0$0$0
JOHN E DREW
BOARD MEMBER1.000.00Yes (X)$0$0$0
BROS THOMAS GIUMENTA CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV WILLIAM M LEES CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
REV PETE MCCORMICK CSC
BOARD MEMBER1.000.00Yes (X)$0$0$0
JAMES KEITH MOTLEY
BOARD MEMBER1.000.00Yes (X)$0$0$0
JEANNE M FINLAYSON
VP FOR FINANCE & TREASURER35.000.00Yes (X)$257,992$0$79,668
THOMAS V FLYNN
CLERK/GENERAL COUNSEL35.000.00Yes (X)$165,193$0$88,226
JOSEPH FAVAZZA
PROVOST/VP OF ACADEMIC AFFAIRS35.000.00$234,790$0$44,870Yes (X)
FRANCIS DILLON
VP FOR ADVANCEMENT35.000.00$211,299$0$52,258Yes (X)
PAULINE DOBROWSKI
VP FOR STUDENT AFFAIRS35.000.00$163,549$0$43,903Yes (X)
CRAIG BINNEY
ASSOC. VP OF FINANCE35.000.00$184,910$0$47,226Yes (X)
DEBRA SALVUCII
DEAN FOR THE SCHOOL OF BUSINESS35.000.00$180,620$0$29,530Yes (X)
PETER N UBERTACCIO
DEAN FOR THE SCHOOL ARTS & SCIENCES35.000.00$173,876$0$33,471Yes (X)
TAMARA ANDERSON
CHIEF INFORMATION OFFICER35.000.00$161,733$0$46,989Yes (X)
ROBERT ROSENTHAL
FACULTY - PROFESSOR35.000.00$169,416$0$29,907Yes (X)
MARIA CURTIN
DEAN OF FACULTY35.000.00$161,841$0$43,077Yes (X)
JOHN SCHATZEL
FACULTY - PROFESSOR35.000.00$160,990$0$30,933Yes (X)
JENNIFER SWANSON
FACULTY - PROFESSOR35.000.00$165,560$0$14,567Yes (X)
CATHERINE CAPOLUPO
FORMER VP FOR ENROLLMENT/MARKETING35.000.00$215,134$0$26,507Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,606,903TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$641,566TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K90IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BOND BROTHERS INC
145 SPRING STREETEVERETTMA02149CONSTRUCTION$27,345,339
SODEXO INC & AFFILIATES
C/O DINING SERVICES 320 WASHINGTONNORTH EASTONMA02357FOOD SERVICES$7,094,589
CONGREGATION OF HOLY CROSS US PROVINC
PO BOX 774NOTRE DAMEIN46556ADMIN & INSTRUCTIONAL SERVICES$1,082,568
JH EGGER CO INC
48 EAST AVENUEMARIONMA02738CONSTRUCTION$851,777
NET SPORTS GROUP
15 LUND ROADSACOME040721806CONSTRUCTION$838,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Fundraising$213,837FundraisingAmt
Government Grants$1,229,464GovernmentGrantsAmt
All Other Contributions$12,344,839AllOtherContributionsAmt
Noncash Contributions$1,262,956NoncashContributionsAmt
Total Contributions$13,788,140TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$108,164,467$108,164,467
AUXILLARY SERVICES900099$34,318,631$34,318,631
OTHER EDUCATIONAL SERVICES900099$5,450,746$5,450,746
FieldValueIRS element (for citing)
Total Program Service Revenue$147,933,844TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$705,385TotalRevenueColumnAmt
Unrelated Business Revenue-$229,461UnrelatedBusinessRevenueAmt
Exclusion$934,846ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$9,421,413SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$8,377,208SecuritiesAmt
Other$546,069OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,044,205SecuritiesAmt
Other-$546,069OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$498,136TotalRevenueColumnAmt
Exclusion$498,136ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$132,971FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$213,837ContriRptFundraisingEventAmt
Fundraising Direct Expenses$180,563FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$47,592TotalRevenueColumnAmt
Exclusion-$47,592ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$162,877,913TotalRevenueColumnAmt
Related Or Exempt Func Income$147,933,844RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$229,461UnrelatedBusinessRevenueAmt
Exclusion$1,385,390ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$93,456TotalAmt
Program Services$93,456ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$54,685,318TotalAmt
Program Services$54,685,318ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,876,159TotalAmt
Program Services$792,724ProgramServicesAmt
Management And General$792,724ManagementAndGeneralAmt
Fundraising$290,711FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$43,125,320TotalAmt
Program Services$36,645,873ProgramServicesAmt
Management And General$5,327,180ManagementAndGeneralAmt
Fundraising$1,152,267FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,631,397TotalAmt
Program Services$3,021,110ProgramServicesAmt
Management And General$493,846ManagementAndGeneralAmt
Fundraising$116,441FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,035,526TotalAmt
Program Services$5,021,204ProgramServicesAmt
Management And General$820,792ManagementAndGeneralAmt
Fundraising$193,530FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,219,520TotalAmt
Program Services$2,678,452ProgramServicesAmt
Management And General$437,834ManagementAndGeneralAmt
Fundraising$103,234FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$112,550TotalAmt
Management And General$112,550ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$131,255TotalAmt
Management And General$131,255ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$35,642TotalAmt
Fundraising$35,642FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,005,327TotalAmt
Management And General$1,005,327ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,792,073TotalAmt
Program Services$2,116,566ProgramServicesAmt
Management And General$633,950ManagementAndGeneralAmt
Fundraising$41,557FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$880,670TotalAmt
Program Services$705,658ProgramServicesAmt
Management And General$174,408ManagementAndGeneralAmt
Fundraising$604FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$892,273TotalAmt
Program Services$545,669ProgramServicesAmt
Management And General$227,052ManagementAndGeneralAmt
Fundraising$119,552FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,703,680TotalAmt
Program Services$1,351,840ProgramServicesAmt
Management And General$1,351,840ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$7,769,574TotalAmt
Program Services$6,985,933ProgramServicesAmt
Management And General$783,641ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,220,318TotalAmt
Program Services$1,800,804ProgramServicesAmt
Management And General$280,864ManagementAndGeneralAmt
Fundraising$138,650FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,424,659TotalAmt
Program Services$2,349,395ProgramServicesAmt
Management And General$75,264ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,087,681TotalAmt
Program Services$6,327,140ProgramServicesAmt
Management And General$760,541ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$715,755TotalAmt
Program Services$715,755ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DINING SERVICES$5,445,054$5,415,040$23,793$6,221
STUDY ABROAD & INTERNSH$2,967,545$2,967,545
FOOD/EVENT CATERING$2,130,059$1,830,186$178,097$121,776
EQUIPMENT RENTAL AND MA$1,304,286$909,871$367,296$27,119

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,594,900TotalAmt
Program Services$4,013,167ProgramServicesAmt
Management And General$427,758ManagementAndGeneralAmt
Fundraising$153,975FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$157,879,997TotalAmt
Program Services$140,972,706ProgramServicesAmt
Management And General$14,406,012ManagementAndGeneralAmt
Fundraising$2,501,279FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$20,691,688BOYAmt
EOY$17,925,565EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,436,485BOYAmt
EOY$1,589,915EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$10,969,853BOYAmt
EOY$15,100,144EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$566,237BOYAmt
EOY$864,415EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$826,226BOYAmt
EOY$523,332EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$40,136BOYAmt
EOY$74,493EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$641,846BOYAmt
EOY$709,634EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$289,238,115LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$110,465,301LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$154,069,047BOYAmt
EOY$178,772,814EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$28,444,024BOYAmt
EOY$28,280,361EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$183,491,937BOYAmt
EOY$189,519,827EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,408,741BOYAmt
EOY$2,328,604EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$404,586,220BOYAmt
EOY$435,689,104EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,238,600BOYAmt
EOY$3,862,520EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,515,432BOYAmt
EOY$1,455,480EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$88,523,745BOYAmt
EOY$106,806,027EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,188,015BOYAmt
EOY$599,308EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,000,393BOYAmt
EOY$15,900,637EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$110,466,185BOYAmt
EOY$128,623,972EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$214,372,249BOYAmt
EOY$217,724,761EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$38,979,044BOYAmt
EOY$46,515,750EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$40,768,742BOYAmt
EOY$42,824,621EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$294,120,035BOYAmt
EOY$307,065,132EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$404,586,220BOYAmt
EOY$435,689,104EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$4,997,916ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$10,859,246NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$2,912,065OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,386,864CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,548,235CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,490,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,880,428CurrentTaxYearMinus1YearAmt
Current Tax Year$13,788,140CurrentTaxYearAmt
Total$55,094,051TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,386,864CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,548,235CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,490,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,880,428CurrentTaxYearMinus1YearAmt
Current Tax Year$13,788,140CurrentTaxYearAmt
Total$55,094,051TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,082,445SubstantialContributorsTotAmt
Public Support Total170$46,011,606PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,839,820CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,456,957CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,929,429CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$328,240CurrentTaxYearMinus1YearAmt
Current Tax Year$705,385CurrentTaxYearAmt
Total$11,259,831TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$154,431CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$84,470CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,566CurrentTaxYearMinus1YearAmt
Current Tax Year$132,971CurrentTaxYearAmt
Total$569,469TotalAmt
FieldValueIRS element (for citing)
Total Support$66,923,351TotalSupportAmt
Gross Receipts Rltd Activities$675,979,925GrossReceiptsRltdActivitiesAmt
Public Support CY1700.68750PublicSupportCY170Pct
Public Support PY1700.60360PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Total Lobbying Expenditures$0TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationSTONEHILL 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.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$211,414,415BeginningYearBalanceAmt
Contributions$2,884,382ContributionsAmt
Investment Earnings Or Losses$11,433,666InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,586,911GrantsOrScholarshipsAmt
Other Expenditures$5,905,534OtherExpendituresAmt
End Year Balance$217,240,018EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$194,142,067BeginningYearBalanceAmt
Contributions$7,187,409ContributionsAmt
Investment Earnings Or Losses$18,139,745InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,997,473GrantsOrScholarshipsAmt
Other Expenditures$6,057,333OtherExpendituresAmt
End Year Balance$211,414,415EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$178,738,401BeginningYearBalanceAmt
Contributions$1,755,966ContributionsAmt
Investment Earnings Or Losses$21,410,468InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,994,724GrantsOrScholarshipsAmt
Other Expenditures$5,768,044OtherExpendituresAmt
End Year Balance$194,142,067EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$188,638,643BeginningYearBalanceAmt
Contributions$2,759,146ContributionsAmt
Investment Earnings Or Losses-$5,051,444InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,653,125GrantsOrScholarshipsAmt
Other Expenditures$5,954,819OtherExpendituresAmt
End Year Balance$178,738,401EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$190,987,117BeginningYearBalanceAmt
Contributions$2,004,946ContributionsAmt
Investment Earnings Or Losses$2,876,678InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,539,130GrantsOrScholarshipsAmt
Other Expenditures$5,690,968OtherExpendituresAmt
End Year Balance$188,638,643EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.70030BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.29970TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$752,119OtherCostOrOtherBasisAmt
Book Value$752,119BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$230,599,816OtherCostOrOtherBasisAmt
Depreciation$70,426,793DepreciationAmt
Book Value$160,173,023BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$565,869OtherCostOrOtherBasisAmt
Depreciation$489,305DepreciationAmt
Book Value$76,564BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,280,329OtherCostOrOtherBasisAmt
Depreciation$28,387,918DepreciationAmt
Book Value$9,892,411BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,039,982OtherCostOrOtherBasisAmt
Depreciation$11,161,285DepreciationAmt
Book Value$7,878,697BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$178,772,814TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescHEDGE FUNDS & PRIVATE EQUITIESDesc
Book Value$189,519,827BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$189,519,827TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
INTEREST RATE SWAP AGREEMENTS$7,983,256
INTEREST & ACCRUED LIABILITIES$4,000,193
GOVERNMENT ADV. FOR STUDENT LOANS$591,074
ACCRUED PAYROLL AND OTHER BENEFITS$2,897,827
ANNUITY OBLIGATIONS$428,287
FieldValueIRS element (for citing)
Total Liability$15,900,637TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$115,315,012TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$10,859,246NetUnrealizedGainsInvstAmt
Other Revenue-$2,731,502OtherRevenueAmt
Revenue Not Reported$8,127,744RevenueNotReportedAmt
Revenue Subtotal$107,187,268RevenueSubtotalAmt
Investment Expenses Not Incld$1,005,327InvestmentExpensesNotIncldAmt
Other Revenues Not Included$54,685,318OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$55,690,645RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$162,877,913TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$102,369,915TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$180,563OtherExpensesIncludedAmt
Expenses Not Reported$180,563ExpensesNotReportedAmt
Expenses Subtotal$102,189,352ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,005,327InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$54,685,318OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$55,690,645ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$157,879,997TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 SHONEHILL'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 -2,912,065. FUNDRAISING EVENT EXPENDITURES 180,563.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS AND OTHER AWARDS 54,685,318.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 180,563.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS AND OTHER AWARDS 54,685,318.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE 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 6THIS 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.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)00PROGRAM SERVICESSTUDY ABROAD$2,360,852
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESSTUDY ABROAD$432,890
SUB-SAHARAN AFRICA00PROGRAM SERVICESSTUDY ABROAD$14,495
CENTRAL AMERICA AND THE CARIBBEAN00PROGRAM SERVICESSTUDY ABROAD$34,100
MIDDLE EAST AND NORTH AFRICA00PROGRAM SERVICESSTUDY ABROAD$57,876
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$2,900,213SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$2,900,213TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REPORTS THESE FOREIGN EXPENDITURES AS REPORTED IN THE FINANCIAL RECORDS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1WASHBURN & MCGOLDRICKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1950 NEW LONDON ROAD SUITE 210AddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
ActivityFUNDRAISING CONSULTANTActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$35,642RetainedByContractorAmt
Net To Organization$0NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$35,642TotalRetainedByContractorsAmt
Licensed StatesMALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$56,195GrossReceiptsEvent1Amt
Charitable Contri Event1$7,677CharitableContriEvent1Amt
Gross Revenue Event1$48,518GrossRevenueEvent1Amt
Non Cash Prizes Event1$25,710NonCashPrizesEvent1Amt
Rent Facility Costs Event1$24,431RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$12,793OtherDirectExpensesEvent1Amt
Event2DINNEREvent2Nm
Gross Receipts Event2$119,500GrossReceiptsEvent2Amt
Charitable Contri Event2$86,275CharitableContriEvent2Amt
Gross Revenue Event2$33,225GrossRevenueEvent2Amt
Non Cash Prizes Event2$907NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$63,110FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$10,850OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$171,113GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$119,885CharitableContriOtherEventsAmt
Gross Revenue Other Events$51,228GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$42,762RentFcltyCostsOtherEventsAmt
Gross Receipts Total$346,808GrossReceiptsTotalAmt
Charitable Contributions Tot$213,837CharitableContributionsTotAmt
Gross Revenue Total Events$132,971GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$26,617NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$67,193RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$63,110FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$23,643OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$180,563DirectExpenseSummaryEventsAmt
Net Income Summary-$47,592NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I:FormAndLineReferenceDesc
ExplanationSERVICES PROVIDED BY WASHBURN & MCGOLDRICK, INC. WERE NOT ASSOCIATED WITH ANY SPECIFIC FUNDRAISING EVENT.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
CATHOLIC SCHOOLS FOUNDATION
67 BATTERYMARCH STREET 6TH FLOORBOSTONMA02110222485502501(C)3$5,000GENERAL SUPPORT
TRINITY CATHOLIC ACADEMY
37 ERIC AVENUEBROCKTONMA02302510638517501(C)3$7,301GENERAL SUPPORT
NEW ENGLAND COUNCIL
98 NORTH WASHINGTON STREETBOSTONMA02114041661090501(C)6$5,000GENERAL SUPPORT
RON BURTON TRAINING VILLAGE INC
150 WOOD ROAD SUITE 300BRAINTREEMA02148222570218501(C)3$5,000GENERAL SUPPORT
DIOCESE OF FALL RIVER
450 HIGHLAND AVENUEFALL RIVERMA02720043000709501(C)3$8,000GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION ASSISTANCEGrantTypeTxt
Non Cash Assistance$54,685,318NonCashAssistanceAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceSCHOLARSHIPSNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JEANNE M FINLAYSON
VP FOR FINANCE & TREASURER$256,952$0$0$0$1,040$0$32,286$0$47,382$0$337,660$0$0$0
THOMAS V FLYNN
CLERK/GENERAL COUNSEL$164,981$0$0$0$212$0$19,359$0$68,867$0$253,419$0$0$0
JOSEPH FAVAZZA
PROVOST/VP OF ACADEMIC AFFAIRS$233,299$0$0$0$1,491$0$30,065$0$14,805$0$279,660$0$0$0
FRANCIS DILLON
VP FOR ADVANCEMENT$207,442$0$0$0$3,857$0$25,232$0$27,026$0$263,557$0$0$0
PAULINE DOBROWSKI
VP FOR STUDENT AFFAIRS$163,341$0$0$0$208$0$19,054$0$24,849$0$207,452$0$0$0
CRAIG BINNEY
ASSOC. VP OF FINANCE$184,205$0$0$0$705$0$22,243$0$24,983$0$232,136$0$0$0
DEBRA SALVUCII
DEAN FOR THE SCHOOL OF BUSINESS$179,629$0$0$0$991$0$20,146$0$9,384$0$210,150$0$0$0
PETER N UBERTACCIO
DEAN FOR THE SCHOOL ARTS & SCIENCES$173,693$0$0$0$183$0$8,963$0$24,508$0$207,347$0$0$0
TAMARA ANDERSON
CHIEF INFORMATION OFFICER$160,837$0$0$0$896$0$18,486$0$28,503$0$208,722$0$0$0
ROBERT ROSENTHAL
FACULTY - PROFESSOR$166,498$0$0$0$2,918$0$19,005$0$10,902$0$199,323$0$0$0
MARIA CURTIN
DEAN OF FACULTY$160,953$0$0$0$888$0$18,101$0$24,976$0$204,918$0$0$0
JOHN SCHATZEL
FACULTY - PROFESSOR$159,360$0$0$0$1,630$0$17,693$0$13,240$0$191,923$0$0$0
JENNIFER SWANSON
FACULTY - PROFESSOR$165,326$0$0$0$234$0$13,992$0$575$0$180,127$0$0$0
CATHERINE CAPOLUPO
FORMER VP FOR ENROLLMENT/MARKETING$214,840$0$0$0$294$0$25,806$0$701$0$241,641$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I:STONEHILL COLLEGE PAID FOR PROFESSIONAL SERVICES BASED ON MARKET COMPENSATION AND BENEFITS, TOTALING $1,082,568 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.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MHEFA SERIES L
A04145601157586ELC32009-08-05$22,197,354CONSTRUCT 250 BED RESIDENCE HALLYes (1)00
MHEFA SERIES K
B0434318140000000002015-11-04$56,675,000REFINANCE SERIES K (2008)000
MHEFA SERIES M
C0434318140000000002017-03-30$15,300,000CONSTRUCT ACADEMIC & WELCOME CENTER000
MHEFA SERIES O
D0434318140000000002018-06-01$25,000,000CONSTRUCT BUSINESS BUILDING000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$7,230,000$13,705,000$22,197,354$385,520$21,811,834201000Yes (1)Yes (1)
B$4,450,000$56,675,000$56,675,0002009Yes (1)0Yes (1)Yes (1)
C$612,385$15,300,000$112,280$15,187,720201800Yes (1)Yes (1)
D$25,000,000$139,980$24,860,020201900Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B00000.000000.020900.0209000Yes (1)
C00000.000000.000300.0003000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndBusiness Name Line2HedgeProviderName/BusinessNameLine2TxtSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedInd
(no name)
A000Yes (1)Yes (1)000Yes (1)
BANK OF AMERICA NA
B0Yes (1)00Yes (1)Yes (1)00Yes (1)- SEE BELOW00
(no name)
C0Yes (1)00Yes (1)000Yes (1)
(no name)
D0Yes (1)00Yes (1)000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 II, COLUMN A, LINE 13:YEAR OF SUBSTANTIAL COMPLETION - REFERS TO PROJECTS FINANCED BY PROCEEDS OF THE REFUNDED BONDS.
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 6:PROCEEDS IN THE REFUNDING ESCROW ARE INVESTED PAST THE 30-DAY TEMPORARY PERIOD.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MHEFA SERIES N
A0434318140000000002017-11-09$14,829,024ADVANCE REFUND MHEFA, SERIES L (2009)000
MDFA REVENUE BONDS SERIES N (REISSUED)
B0434318140000000002019-03-27$14,640,980REISSUANCE OF SERIES N (2017)000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$188,044$14,640,980$14,829,024$14,381,059$145,443$751,5052010Yes (1)0Yes (1)Yes (1)
B$14,640,980$13,932,0762010Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B00000.000000.000000.00000000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)00000Yes (1)Yes (1)
B0Yes (1)00000Yes (1)Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WB MASONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionSEE STATEMENTRelationshipDescriptionTxt
Transaction$1,789,299TransactionAmt
TransactionSALE OF PRODUCTSTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IVFormAndLineReferenceDesc
ExplanationBUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: W.B. MASON IS A COMPANY OWNED BY A TRUSTEE AND HIS FAMILY. STONEHILL COLLEGE PURCHASED PRODUCTS FROM THE COMPANY.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution34ContributionCnt
Noncash Contributions Rpt F990$1,262,956NoncashContributionsRptF990Amt
Method Of Determining RevenuesPUBLICLY TRADEDMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationAMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE 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 6STONEHILL 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 7ASTONEHILL 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 11BTHE 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 12CTHE 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 15STONEHILL 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 FY2019 WAS $1,414,929.
FORM 990, PART VI, SECTION C, LINE 19AT 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 -2,912,065.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PERPETUAL TRUSTS (2)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesTRUSTPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1STONEHILL COLLEGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTEntityTypeTxt
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt