2020-05-15T13:37:01-05:00 2019-06-30 GRANT THORNTON LLP 75 STATE STREET 13TH FLOOR BOSTON MA 02109 990 2018-07-01 020222182 Saint Anselm College % WILLIAM FURLONG SAIN 6036417000 100 Saint Anselm Drive Manchester NH 03102 WILLIAM FURLONG VP OF FINANCE & CFO 6036417100 2020-05-14 true Erin Couture P01390592 6177237900 2020-05-14 74.104.185.25 23695320201365000017 2020-05-15 P C67E3655338D7114890DD48B6D23020CE13ACE25 6AF54B1178547B833F1CE08032DECD9FC80B9155 2018 2020-11-06 18:47:13Z Dr Joseph A Favazza 100 Saint Anselm Drive Manchester NH 03102 151857297 false X www.Anselm.edu X 1889 NH A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. 35 32 1939 400 -200858 -288343 6851955 9473030 107149620 114439130 9764260 6491888 -17939 0 123747896 130404048 38445489 42932853 0 0 49717906 46884481 0 0 4562040 32390397 35493060 120553792 125310394 3194104 5093654 310406957 318205012 104049852 102618899 206357105 215586113 X SEE SCHEDULE O. false false 112041540 42932853 114439130 EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE (THE COLLEGE), A NEW HAMPSHIRE NOT-FOR-PROFIT (VOLUNTARY) CORPORATION, IS A CATHOLIC UNDERGRADUATE LIBERAL ARTS COLLEGE IN THE BENEDICTINE TRADITION. THE COLLEGE WAS ESTABLISHED IN 1889. IT IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION. 112041540 true true false true false false false true false true true true false false true true true false true true true false true false false false false false true true true false false false false false false true false false false false false false false false true false false false true X 2890 0 true 1939 true true true false false false false true true false false false false false false X 35 32 false false false false true true true true true false false true true true true true true true true true true AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X WILLIAM FURLONG 6036417100 100 SAINT ANSELM DRIVE Manchester NH 03102 X Ms Ann M Catino Esq Chair 2.0 0.0 X X 0 0 0 Ms Geraldine H Deluca Vice Chair 1.0 0.0 X X 0 0 0 Right Rev Mark A Cooper OSB Chancellor 1.0 0.0 X X 0 0 0 Mr Roger L Jean Secretary 2.0 0.0 X X 0 0 0 Mr Barry FX Smith Treasurer 2.0 0.0 X X 0 0 0 Dr Denise T Askin Board Member 1.0 0.0 X 0 0 0 DR NANCY H BLATTNER BOARD MEMBER (THRU 02/2019) 1.0 0.0 X 0 0 0 Ms Susan D Cabana Board Member 1.0 0.0 X 0 0 0 Dr Marie C Chabot-Fletcher Board Member 1.0 0.0 X 0 0 0 Ms Linda M Connly Board Member 1.0 0.0 X 0 0 0 Mr Charles A Crowley Board Member 1.0 0.0 X 0 0 0 Rev Jerome J Day OSB Board Member 1.0 0.0 X 0 0 0 Rev Bernard W Disco OSB Board Member (thru 6/7/19) 1.0 0.0 X 0 0 0 Ms Christine D Douville Board Member 1.0 0.0 X 0 0 0 Mr Steven J Ellis Board Member (thru 6/7/19) 1.0 0.0 X 0 0 0 Msgr William P Fay Board Member 1.0 0.0 X 0 0 0 Kevin R Fitzgerald Board Member 1.0 0.0 X 0 0 0 Rev John R Fortin OSB Board Member 1.0 0.0 X 0 0 0 Mr Adam B Ghander Esq Board Member 1.0 0.0 X 0 0 0 Mr Kenneth J Goodchild Board Member 1.0 0.0 X 0 0 0 Mr Kevin J Gould Board Member 1.0 0.0 X 0 0 0 Mr James L Hauser Esq Board Member 1.0 0.0 X 0 0 0 Ms Lori Hoyt-Ripa Board Member 1.0 0.0 X 0 0 0 E Elon Joffree DMD MPH Board Member 1.0 0.0 X 0 0 0 Ms Elizabeth J Kelly Board Member 1.0 0.0 X 0 0 0 Mr Ivan Lamourt Board Member 1.0 0.0 X 0 0 0 Mr John B Lavelle Board Member 1.0 0.0 X 0 0 0 F Joseph Loughrey Board Member 1.0 0.0 X 0 0 0 REV MARK S MASSA SJ BOARD MEMBER (THRU 03/2019) 1.0 0.0 X 0 0 0 Bro Isaac S Murphy OSB Board Member 1.0 0.0 X 0 0 0 Dr Joseph Pepe MD Board Member 1.0 0.0 X 0 0 0 Mr Frank P Pfeffer Board Member 1.0 0.0 X 0 0 0 Rev Benet C Phillips OSB Board Member 1.0 0.0 X 0 0 0 Mr Ronald Renaud Jr Board Member 1.0 0.0 X 0 0 0 Mr Michael R Rockett Board Member (thru 6/7/19) 1.0 0.0 X 0 0 0 Ms Lisa Kennedy Shelden Board Member 1.0 0.0 X 0 0 0 Bro Andrew L Thornton OSB Board Member 1.0 0.0 X 0 0 0 Mr John A Vaccaro Board Member 1.0 0.0 X 0 0 0 Mr James Van Hoof Esq Board Member 1.0 0.0 X 0 0 0 Dr Steven R Disalvo President 40.0 0.0 X X 385364 0 108794 MR ERIC NORMAN VP of Fin, CFO (THRU 07/18/18) 40.0 0.0 X 153514 0 24713 Mr William Furlong VP of Finance, CFO 40.0 0.0 X 139015 0 66561 Mr James F Flanagan Sr. VP of College Advancement 40.0 0.0 X 224359 0 93258 Mr Eric R Nichols VP Enroll & Dean Admis-6/21/19 40.0 0.0 X 194305 0 25402 Mr Neil Levesque Chief of Staff, Ex Dir NHIOP 40.0 0.0 X 174940 0 38358 Dr Gary Bouchard Professor 40.0 0.0 X 163984 0 37488 Dr Luke Miller Professor 40.0 0.0 X 141169 0 36163 Mr John Davis AVP of College Advancement 40.0 0.0 X 140833 0 36794 Mr Daron Montgomery Director of Athletics 40.0 0.0 X 140659 0 36180 MS PATRICIA R SHUSTER VP HR & ADMIN (THRU 5/24/2018) 40.0 0.0 X 142107 0 12964 2000249 0 516675 53 false true false Institute For Mediterranean Archeol 4200 Perimeter Center Drive OKLAMHOMA CITY OK 73112 Instruction Abroad 634000 Puritan Press 95 Runnells Bridge Road HOLLIS NH 03049 Graphic Design 208091 Capture Higher Ed 2303 River Road Suite 201 LOUISVILLE KY 40206 Marketing 205000 ISA 1112 Ben White Blvd AUSTIN TX 78704 Instruction Abroad 166030 GRANT THORNTON LLP 75 STATE STREET 13TH FLOOR BOSTON MA 02109 AUDIT AND TAX SVCS 129476 9 1633774 7839256 9473030 STUDENT TUITION & FEES 611710 83275456 83275456 0 0 STUDENT ROOM & BOARD 611710 28198699 28198699 0 0 STUDENT AUXILIARY REVENUE 900099 2964975 2964975 0 0 114439130 1162111 -200858 1362969 0 0 0 0 0 26553007 230019 21337109 116140 5215898 113879 5329777 5329777 0 0 0 0 0 0 0 0 0 0 130404048 114439130 -200858 6692746 0 42135838 42135838 797015 797015 0 1802268 778018 214510 809740 0 32238638 27795669 2752017 1690952 2187617 1935932 144234 107451 8289192 7015948 842595 430649 2366766 2094837 155835 116094 0 176749 176749 90740 90740 36000 36000 0 373317 373317 5019043 4242072 662688 114283 287330 255961 12838 18531 3878875 3165866 451262 261747 1442917 1013709 281099 148109 0 3159739 2907823 194851 57065 2075844 1856731 89544 129569 0 362761 331266 18807 12688 3016186 2723206 192190 100790 0 5902536 4523785 904437 474314 489756 218451 265965 5340 DINING SERVICE COGS 6770241 6770241 0 0 MAINTENANCE 1029283 911332 87543 30408 BOOKS AND PERIODICALS 168253 165668 2585 0 MEMBERSHIPS 335617 141649 173548 20420 877873 260523 583460 33890 125310394 112041540 8706814 4562040 5033071 5661320 11660381 13963230 11008971 11623838 1083399 1786221 0 0 0 0 3222771 2651716 586012 53433 1738791 1323668 197758873 88313291 110294429 109445582 60776572 50700906 97228988 113328559 0 0 0 0 7773572 7666539 310406957 318205012 9486126 8549110 0 0 628157 1920007 89052199 87318849 0 0 0 0 0 0 3222456 3219965 1660914 1610968 104049852 102618899 X 128594431 132807058 32459653 33957265 45303021 48821790 206357105 215586113 310406957 318205012 X 5093654 3863442 271912 X false true X true true true X 10895632 11140306 8134638 6851955 9473030 46495561 0 0 10895632 11140306 8134638 6851955 9473030 46495561 8690671 37804890 1040738 809860 656476 977074 1162111 4646259 0 34507 29773 13070 7200 84550 51226370 518821853 0.73800 0.69790 X OTHER INCOME SCHEDULE A, PART II, LINE 10 GROSS INCOME FROM FUNDRAISING EVENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 36000 36000 false OTHER ACTIVITIES SCHEDULE C, PART II-B, LINE 1 PAYMENTS ARE MADE TO GRANITE EDGE CONSULTING, LOCATED IN CONCORD, NH; NH LOBBYIST REGISTRATION #40754. GRANITE EDGE CONSULTING LOBBIES The NEW HAMPSHIRE LEGISLATURE ON BEHALF OF THE COLLEGE IN REGARDS TO ISSUES AFFECTING HIGHER EDUCATION AND BUDGET APPROPRIATIONS. X X X false 157951291 2832940 9603523 3906348 2475922 164005484 134654646 17851268 11838379 2752709 3640293 157951291 122871924 1271792 16572887 4994471 1067486 134654646 130027419 1974167 -3142221 4801470 1185971 122871924 126278878 7626072 345916 3349590 873857 130027419 0.62114 0.24304 0.13582 false false 15412279 15412279 136946876 57242534 79704342 42687953 31070757 11617196 121893 2589872 2711765 109445582 EQUITIES 46856628 F FLEXIBLE CAPITAL 30149000 F REAL ASSETS 18108851 F PRIVATE EQUITY 18214080 F 113328559 0 SPLIT INTEREST AGREEMENTS 1610968 1610968 X 90418953 3863442 -43475220 -39611778 130030731 373317 373317 130404048 81189945 -43747132 -43747132 124937077 373317 373317 125310394 DESCRIPTION OF ORGANIZATION'S COLLECTIONS SCHEDULE D, PART III, LINE 1A THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF ART AND FURNISHINGS. THESE COLLECTIONS ARE HOUSED IN A PROTECTED ENVIRONMENT AND ARE USED FOR EXHIBITION PURPOSES FOR THE PUBLIC, FOR EDUCATION AND RESEARCH, AS WELL AS FOR THE FURTHERANCE OF SERVICE TO THE PUBLIC. THESE COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY MANNER. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF PREPARING THE ACCOMPANYING FINANCIAL STATEMENTS. DESCRIPTION OF ORGANIZATION'S COLLECTIONS Schedule D, Part III, Line 4 THE COLLEGE HOLDS CERTAIN COLLECTIONS OF WORKS OF HISTORIC AND CONTEMPORARY FINE AND DECORATIVE ART UNDER THE CARE OF THE ALVA DE MARS MEGAN CHAPEL ART CENTER. THESE COLLECTIONS ARE PERIODICALLY EXHIBITED IN CURATED PUBLIC EXHIBITIONS, AND WHEN NOT ON VIEW ARE HOUSED IN A SECURED, CLIMATE-CONTROLLED ENVIRONMENT. EXHIBITIONS OF ARTWORKS FROM THIS COLLECTION ARE MOUNTED TO SERVE THE PUBLIC AND THE COLLEGE FACULTY AND STUDENTS, ARE FREE OF ADMISSION CHARGE, AND ARE OFTEN MOUNTED IN TANDEM WITH RELATED FREE PUBLIC PROGRAMS INCLUDING SCHOLARLY LECTURES, CONCERTS, AND GALLERY TALKS. THE COLLECTION IS CATALOGUED FOR EASE OF ACCESS BY THE CURATOR, STUDENT INTERNS, AND MEMBERS OF THE COLLEGE FACULTY FOR RESEARCH PROJECTS OR TEACHING, AND FACULTY AND STUDENTS MAKE USE OF ARTWORKS IN THE COLLECTION FOR THESE PURPOSES, FACILITATED BY THE CHAPEL ART CENTER CURATORIAL STAFF. IN KEEPING WITH BEST PRACTICES FOR MUSEUM COLLECTIONS, THESE ARTWORKS ARE NOT DISPOSED OF FOR FINANCIAL GAINS NOR ARE THEY ENCUMBERED IN ANY MANNER. ACCORDINGLY, THESE COLLECTIONS ARE NOT CAPITALIZED OR RECORDED FOR PURPOSES OF PREPARING THE ACCOMPANYING FINANCIAL STATEMENTS. INTENDED USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 THE COLLEGE'S ENDOWMENT CONSISTS OF BOARD-DESIGNATED FUNDS AND FUNDS CONTRIBUTED TO THE COLLEGE, THE INCOME FROM WHICH IS TO BE USED FOR SCHOLARSHIPS, CAPITAL IMPROVEMENTS, FACULTY DEVELOPMENT EXPENSES, LIBRARY EXPENSES AND VARIOUS OTHER PROGRAM EXPENSES. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. LIABILITY FOR UNCERTAIN TAX POSITION SCHEDULE D, PART X, LINE 2 THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE CODE), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO ITS FINANCIAL STATEMENTS. OTHER ADJUSTMENTS TO REVENUE SCHEDULE D, PART XI, LINE 2D SCHOLARSHIP EXPENSES $(43,747,132) Change in value of split-interest agreements $ 271,912 Total ------------ $(43,475,220) OTHER ADJUSTMENTS TO EXPENSES SCHEDULE D, PART XII, LINE 2D SCHOLARSHIP EXPENSES $(43,747,132) true true true true true true true false false false false false false false false true false true NONDISCRIMINATORY POLICY SCHEDULE E, PART I, LINE 3 CONSISTENT WITH THE BENEDICTINE, CATHOLIC PRINCIPLES THAT SUSTAIN THE MISSION AND HERITAGE OF SAINT ANSELM COLLEGE, NO ONE ACTING ON BEHALF OF THE COLLEGE OR IN ADMINISTERING THE AFFAIRS OF THE COLLEGE, SHALL DISCRIMINATE AGAINST ANY STUDENT, FACULTY, STAFF, VENDOR, OR CONTRACTOR ON THE BASIS OF THE INDIVIDUAL'S RACE, COLOR, GENDER, RELIGION, NATIONAL ORIGIN, MARITAL STATUS, AGE, DISABILITY, SEXUAL ORIENTATION, OR VETERAN STATUS. EXPLANATION OF GOVERNMENT FININCIAL AID SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES AMOUNTS FOR STUDENT FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. IT ALSO RECEIVES VARIOUS OTHER GRANTS FROM THE U.S DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE DEPARTMENT OF JUSTICE, THE NATIONAL ENDOWMENT FOR THE HUMANITIES, AS WELL AS AMOUNTS FROM THE STATE OF NEW HAMPSHIRE. true Central America and the Caribbean Investments 16652668 Europe (Including Iceland and Greenland) Investments 1035737 Europe (Including Iceland and Greenland) Grantmaking Scholarships 735790 East Asia and the Pacific Grantmaking Scholarships 39975 South America Grantmaking Scholarships 21250 North America Program Services Instruction 55268 Europe (Including Iceland and Greenland) 1 4 Program Services Instruction 14070 East Asia and the Pacific Program Services Instruction 5338 Sub-Saharan Africa Program Services Instruction 2450 South Asia Program Services Instruction 400 1 4 1 4 18562946 18562946 Scholarships South America 2 21250 SEE PART V SCHOLARSHIPS East Asia and the Pacific 5 39975 SEE PART V SCHOLARSHIPS Europe (Including Iceland and Greenland) 73 735790 SEE PART V true false true true true false PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE SCHEDULE F, PART I, LINE 2 AND PART III, COLUMN E SCHOLARSHIPS ARE APPLIED TO STUDENTS' ACCOUNTS TO REDUCE THE BALANCE DUE TO THE COLLEGE FOR TUITION AND FEES. NO CASH DISBURSEMENTS OF SCHOLARSHIP FUNDS ARE MADE TO STUDENTS, SO THERE ARE NO EXPENDITURES OF SCHOLARSHIP FUNDS TO MONITOR AFTER THE INITIAL POSTING TO THE STUDENTS' ACCOUNTS. DESCRIPTION OF GRANTS AND OTHER ASSISTANCE OUTSIDE THE UNITED STATES SCHEDULE F, PART I, LINE 3 EXPENDITURES WERE FOR INSTRUCTION AS PART OF THE COLLEGE'S STUDY ABROAD PROGRAM, OTHER FACULTY EXPENSES, SPORTS EQUIPMENT, GUEST SPEAKERS AND OTHER PROGRAM-RELATED SUPPLIES. THE EXPENDITURES, PER REGION, ARE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. SCHEDULE F, PART I, LINE 3, COLUMN F THE COLLEGE REVIEWS ALL FOREIGN EXPENDITURES BASED ON THE CAPABILITIES OF ITS ACCOUNTING SYSTEMS, TO DETERMINE THE AMOUNTS REPORTED ON SCHEDULE F. TRANSFERS OF PROPERTY TO FOREIGN CORPORATIONS SCHEDULE F, PART IV, LINE 1 THE COLLEGE HAS CERTAIN ALTERNATIVE INVESTMENTS THAT IT MAY MAKE TRANSFERS TO OR GENERATE OWNERSHIP INTEREST IN FOREIGN CORPORATIONS OR PARTNERSHIPS. AS SUCH, SCHEDULE F PART IV REFLECTS THESE TRANSFERS AND INTERESTS. THE COLLEGE HAS REVIEWED THESE INVESTMENTS FOR ANY TRANSFERS OR INTERESTS THAT ARE REQUIRED TO BE FURTHER REPORTED ON FORMS 926, 5471, 8621, OR 8865. true Scholarships 1936 42043066 0 Fellowships 71 92772 0 PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE SCHEDULE I, PART I, LINE 2 THE COLLEGE'S FINANCIAL AID OFFICE MONITORS ALL RECIPIENTS OF SCHOLARSHIP AWARDS TO DETERMINE BOTH INITIAL AND CONTINUING ELIGIBILITY BASED UPON THE CRITERIA FOR THE TYPE OF AWARD. VARIOUS CRITERIA MAY INCLUDE, BUT IS NOT LIMITED TO, ACADEMIC PERFORMANCE, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY DONORS OF SCHOLARSHIP FUNDS. X X X true true X X X X false true false false false false false true false Dr Steven R Disalvo President 314399 0 32411 0 38554 0 59693 0 49101 0 494158 0 0 0 MR ERIC NORMAN VP of Fin, CFO (THRU 07/18/18) 153112 0 0 0 402 0 10551 0 14162 0 178227 0 0 0 Mr William Furlong VP of Finance, CFO 138801 0 0 0 214 0 11812 0 54749 0 205576 0 0 0 Mr James F Flanagan Sr. VP of College Advancement 217712 0 6500 0 147 0 18515 0 74743 0 317617 0 0 0 Mr Eric R Nichols VP Enroll & Dean Admis-6/21/19 180713 0 10000 0 3592 0 16410 0 8992 0 219707 0 0 0 Mr Neil Levesque Chief of Staff, Ex Dir NHIOP 168331 0 6500 0 109 0 13702 0 24656 0 213298 0 0 0 Dr Gary Bouchard Professor 162052 0 1249 0 683 0 13734 0 23754 0 201472 0 0 0 Dr Luke Miller Professor 139678 0 1320 0 171 0 11884 0 24279 0 177332 0 0 0 Mr John Davis AVP of College Advancement 140388 0 0 0 445 0 11938 0 24856 0 177627 0 0 0 Mr Daron Montgomery Director of Athletics 134019 0 6500 0 140 0 11385 0 24795 0 176839 0 0 0 MS PATRICIA R SHUSTER VP HR & ADMIN (THRU 5/24/2018) 83626 0 0 0 58481 0 5471 0 7493 0 155071 0 0 0 HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE SCHEDULE J, PART I, LINE 1A THE PRESIDENT OF THE COLLEGE LIVES IN AN OFF-CAMPUS HOUSE THE VALUE OF WHICH IS REPORTED AS TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE LAWS. THE COLLEGE COVERS THE COSTS OF ROUTINE UTILITIES, ROUTINE HOME MAINTENANCE AND REPAIR, LAWN SERVICES, AND SNOW REMOVAL FOR THE COLLEGE OWNED-PROPERTY. THESE COSTS ARE NOT TAXABLE TO THE PRESIDENT. TRAVEL FOR COMPANIONS SCHEDULE J, PART I, LINE 1A THE PRESIDENT IS REIMBURSED FOR REASONABLE TRAVEL EXPENSES, AS DETERMINED BY THE COLLEGE IN ITS SOLE DISCRETION, INCURRED BY HIS SPOUSE TO THE EXTENT THAT SHE ACCOMPANIES HIM IN THE PERFORMANCE OF HIS DUTIES. SUCH REIMBURSEMENTS WILL BE ADDED TO THE PRESIDENT'S TAXABLE INCOME, WHEN APPROPRIATE, IN ACCORDANCE WITH APPLICABLE TAX LAWS. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES SCHEDULE J, PART I, LINE 1A TWO EMPLOYEES HAVE A MEMBERSHIP TO A LOCAL COUNTRY CLUB PAID FOR BY THE COLLEGE; THE PRESIDENT AND THE VICE PRESIDENT - COLLEGE ADVANCEMENT. THE BUSINESS PURPOSE IS FOR THE ENTERTAINMENT OF POTENTIAL DONORS TO THE COLLEGE OR OTHER IMPORTANT GUESTS. THE FAIR VALUE OF PERSONAL USAGE, IF ANY, IS ADDED TO THE EMPLOYEE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE TAX LAW. SEVERANCE PAYMENT SCHEDULE J, PART I, LINE 4A PATRICIA SHUSTER SEPERATED FROM THE COLLEGE IN MAY 2018. BASED ON AN AGREEMENT SIGNED AT HER DEPARTURE, AND PURSUANT TO CERTAIN CONDITIONS, MS SHUSTER WILL RECIEVE TWO YEARS OF SALARY CONTINUATION AT A PERCENTAGE OF HER BASE PAY. INCLUDED IN SCHEDULE J, PART II, COLUMN B(III) IS THE AMOUNT OF $57,989 PAID UNDER THIS AGREEMENT. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B THE PRESIDENT IS ON A 6-YEAR TERM CONTRACT THAT EXPIRES ON 6/30/21. THE PRESIDENT'S CONTRACT CONTAINS A LONG-TERM INCENTIVE PLAN THROUGH WHICH A CONTRIBUTION OF 10% OF THE PRESIDENT'S BASE SALARY IS MADE TO A NONQUALIFIED DEFERRED COMPENSATION PLAN WITH A 6-YEAR VESTING PERIOD. THE PLAN VESTS AT 100% AT THE END OF THE PRESIDENT'S 6-YEAR CONTRACT, IF HE IS STILL EMPLOYED BY THE COLLEGE. THE PRESIDENT'S CONTRACT CONTAINS A PROVISION FOR CERTAIN TERMINATION BENEFITS. FOR TERMINATION UNDER CERTAIN CONDITIONS, THE PROVISIONS INCLUDE CONTINUATION OF CURRENT SALARY AT THE RATE IN EFFECT AS OF THE DATE OF TERMINATION FOR THE LESSER OF 12 MONTHS FOLLOWING THE TERMINATION DATE OR THE EXPIRATION OF HIS CURRENT CONTRACT ON JUNE 30, 2021. THE CONTRACT ALSO CALLS FOR THE REIMBURSEMENT OF ANY COBRA BENEFITS IN THE SAME RELATIVE PROPORTION BY THE COLLEGE AND THE PRESIDENT AS IN EFFECT ON THE TERMINATION DATE. THESE REIMBURSEMENTS WOULD CEASE ON THE EARLIER OF THE END OF THE MAXIMUM PERIOD FOR COBRA CONTINUATION OR THE PRESIDENT BECOMING ELIGIBLE TO PARTICIPATE IN ANOTHER GROUP HEALTH PLAN. CONTRIBUTIONS MADE UNDER THIS PLAN ARE REPORTED ON SCHEDULE J, PART II, COLUMN C. NON-FIXED PAYMENTS SCHEDULE J, PART I, LINE 7 A DISCRETIONARY PAY-FOR-PERFORMANCE BONUS WAS PAID TO CERTAIN COLLEGE ADMINISTRATORS AND STAFF. SUCH PAYMENTS WERE BASED ON THEIR ANNUAL EVALUATION AND DECIDED BY THEIR SUPERVISOR. A NH Health & Education Facilities Authority 020279866 6446142A6 2013-07-25 11726280 New Dorm & Electrical Substation false false false B NH Health & Education Facilities Authority 020279866 6446147B9 2016-11-10 18270826 Expan. & Renovation of Student Ctr false false false C NH Health & Education Facilities Authority 020279866 2018-03-06 61150000 Refi Exist. Bond,Term Swaps,Welcom false false false A 0 0 11726280 0 0 0 190353 0 0 11535927 0 0 2014 false false true true B 0 0 18270826 0 0 0 237734 0 0 18033092 0 0 2018 false false false true C 0 0 61150000 0 0 0 556718 0 0 0 57499446 3093836 true false false true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A true false false 0 false 0 false true B false true false false false false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true 19000 Scholarship MERIT SCHOLARSHIP GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS SCHEDULE L, PART III THE COLLEGE GRANTED A SCHOLARSHIP TO TWO STUDENTS WHO ARE CHILDREN OF CURRENT BOARD TRUSTEES. THE COLLEGE ENSURED THE GRANT WAS AWARDED BASED ON MERIT TO THE ELIGIBLE STUDENTS, WHO MET THE REQUIRED ACADEMIC STANDING. THE TRUSTEES DID NOT HAVE ANY INFLUENCE IN THE DECISION MAKING PROCESS FOR AWARDING SCHOLARSHIPS. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 SAINT ANSELM IS A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL OF ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. IT DOES SO IN A LEARNING COMMUNITY THAT ENCOURAGES THE LIFELONG PURSUIT OF THE TRUTH AND FOSTERS INTELLECTUAL, MORAL AND SPIRITUAL GROWTH TO SUSTAIN AND ENRICH ITS GRADUATES' PERSONAL LIVES, WORK, AND ENGAGEMENT WITHIN LOCAL, NATIONAL, AND GLOBAL COMMUNITIES. FORM 1096 REPORTING FORM 990, PART V, LINE 1A AMOUNT REPORTED IN BOX 3 OF FORM 1096 INCLUDES 2,508 FORMS 1098-T. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 6 THE COLLEGE HAS MEMBERS WHO ARE RELIGIOUS INDIVIDUALS IN SOLEMN VOWS. MEMBER OR STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7A THE COLLEGE'S MEMBERS ELECT SIX INDIVIDUALS TO THE GOVERNING BOARD. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7B QUESTIONS REGARDING THE MISSION, ISSUANCE OF DEBT, SITING OF BUILDINGS AND DISPOSITION OF CAMPUS PROPERTY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE COLLEGE. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT OF THE COLLEGE AND REVIEWED BY TAX ADVISORS FROM AN INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM 990 IS THEN REVIEWED BY THE AUDIT COMMITTEE AND RECOMMENDED FOR APPROVAL BY THE GOVERNING BODY. SUBSEQUENTLY, THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY WITH OPPORTUNITY TO RAISE QUESTIONS OR ISSUES. AFTER RESOLUTION AND PRIOR TO FILING THE FORM 990 WITH THE IRS, THE DRAFT FORM 990 IS SUBMITTED FOR APPROVAL BY THE EXECUTIVE COMMITTEE OF THE COLLEGE'S BOARD OF TRUSTEES. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, SECTION B, LINE 12C A WRITTEN COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE TRUSTEES OF THE GOVERNING BOARD AND OFFICERS WHO ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, INDICATING THEY ARE IN COMPLIANCE WITH THE POLICY AND/OR DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. THE PRESIDENT'S OFFICE RECEIVES AND REVIEWS THE RESPONSES TO DETERMINE IF THERE ARE ANY POTENTIAL CONFLICTS THAT NEED TO BE DISCLOSED, DISCUSSED AND/OR MITIGATED. IN ACCORDANCE WITH THE POLICY "A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING." PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINES 15A AND 15B COMPENSATION PROCESS FOR TOP OFFICIALS: THE COMPENSATION AMOUNT FOR THE PRESIDENT POSITION IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, AND GEOGRAPHIC LOCATION, COMPLETED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION PROCESS FOR OFFICERS AND HIGHEST PAID EMPLOYEES: THE COMPENSATION AMOUNT FOR OFFICERS AND HIGHEST PAID EMPLOYEES IS DETERMINED BASED UPON AN ANALYSIS OF COMPENSATION AMOUNTS FOR THE SAME POSITION AT INSTITUTIONS OF SIMILAR SIZE, SCOPE, GEOGRAPHIC LOCATION AND CUPA HR DATA. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE COMPENSATION OF THE PRESIDENT, OFFICERS AND HIGHEST PAID EMPLOYEES. COMPENSATION DECISIONS AND REPORTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING OF THE COMPENSATION COMMITTEE WHEN THE DECISIONS ARE MADE. THE PERSONNEL REVIEW COMMITTEE IS COMPRISED OF VICE PRESIDENT FOR FINANCE & CFO, EXECUTIVE DIRECTOR OF HUMAN RESOURCES AND THE ASSISTANT VICE PRESIDENT FOR FINANCE. THE PERSONNEL REVIEW COMMITTEE REVIEWS ANY POSITION OVER $15,000 AND CONSULTS WITH THE PRESIDENT ON ANY POSITION WITH A SALARY GRADE OF 12 OR ABOVE. DESCRIPTION OF JOINT VENTURE ARRANGEMENTS FORM 990, PART VI, SECTION B, LINE 16B THE COLLEGE IS A PARTNER IN A REAL ESTATE DEVELOPMENT NOT FAR FROM THE COLLEGE. THE COLLEGE OWNED UNUSABLE LAND, SOLD THE LAND, AND TOOK INTEREST IN A PARTNERSHIP THAT WILL DEVELOP HOUSING AND RENTAL UNITS. THE COLLEGE RECEIVES A FEDERAL FORM K-1 EACH PERIOD REPORTING RENTAL INCOME THAT PASSES THROUGH TO THE COLLEGE. THE COLLEGE'S INVOLVEMENT IS PURELY PASSIVE IN NATURE AND NO UNRELATED BUSINESS INCOME IS EXPECTED FROM THE PARTNERSHIP. THIS PASSIVE ACTIVITY IS INSIGNIFICANT TO THE OVERALL OPERATIONS OF THE COLLEGE, PROVIDES A SMALL PASSIVE REVENUE STREAM TO THE COLLEGE, HELPED RELIEVE THE COLLEGE OF UNUSABLE LAND AND PROVIDES THE MANCHESTER COMMUNITY AN OPPORTUNITY TO BUILD HOUSING NEAR THE COLLEGE. THE BOARD OF TRUSTEES AND MANAGEMENT APPROVED ALL OF THE TRANSACTIONS LEADING UP THE COLLEGE'S INVOLVEMENT IN THE PARTNERSHIP, AND ALL NEGOTIATIONS WERE CONDUCTED AT ARMS-LENGTH AND FAIR VALUE. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WIDELY AVAILABLE TO THE PUBLIC VIA ITS WEBSITE (WWW.ANSELM.EDU). THE FILED FORMS 990 FOR THE PRIOR THREE YEARS ARE AVAILABLE UPON REQUEST. Other Changes in Net Assets Form 990, Part XI, Line 9 Change in value of split-interest agreements $271,912 Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 264322319 Monastery NH 501(c)(3) 1 NA false Benedictine Fathers of the Priory 320 Portola Road Portola Valley CA 94028 941399274 High School CA 501(c)(3) 2 NA false Charitable Remainder Trusts (7) 100 Saint Anselm Drive Manchester NH 03102 Education NH NA false false false false false true false false false false false true true true true true true true true true