2019-04-08T11:14:10-05:00 2018-05-31 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2017-06-01 020263136 Franklin Pierce University FRAN 6038994000 40 University Drive Rindge NH 03461 Sandra Quaye CFO & VP of Finance & Admin. 6038994000 2019-04-02 1 Barbara J McGuan CPA P00219457 2077752387 2019-04-02 69.49.157.66 2019-04-02 18:16:57 ED P 8F3BF083BB17D4FB81C6888D3A269F4E82FBF667 E262D3C9A45A77A46A0A2832CF74466488750570 2017 2019-02-21 02:37:17Z Dr Kim Mooney 40 University Drive Rindge NH 03461 86772983 0 X www.franklinpierce.edu X 1962 NH Franklin Pierce University embraces an education that matters: one that achieves success through the integration of liberal arts and professional programs. 18 17 1552 20 319946 1909 1688550 2051645 83726625 83850252 557901 675567 -15976 -19302 85957100 86558162 30306599 31260409 0 0 28287106 28261311 44000 18000 744444 23556117 22216357 82193822 81756077 3763278 4802085 76369890 81429285 47614593 47502271 28755297 33927014 X Franklin Pierce University embraces an education that matters: one that achieves success through the integration of liberal arts and professional programs. 0 0 74672140 31260409 83530306 Franklin Pierce University serves traditional and nontraditional students at the undergraduate and graduate level. Awards are offered from the certificate level through the doctoral level. Credit and non-credit bearing courses are available, and many programs are available online. Degree completion programs are available and the university welcomes transfer students at all instructional locations.Enrollment:Undergraduate Fall Enrollment Total Headcount: 2,303 (Traditional Undergraduate = 1,474; Nontraditional/Online = 239Graduate Fall Enrollment Total Headcount: 590)Undergraduate Awards:Undergraduate CertificateAssociate of Arts (multiple business, legal and human services concentrations)Bachelor of Arts (multiple liberal arts/humanities concentrations)Bachelor of Science (multiple biological, health, and environmental science concentrations; business and communications concentrations)Graduate Awards:M.B.A. in LeadershipM.B.A. in Energy & Sustainability StudiesM.B.A. in Human Resource ManagementM.B.A. in Health AdministrationM.B.A. in Information TechnologyM.B.A. in Sports ManagementMaster of Education & Teacher CertificationMaster of Physician Assistant StudiesM.S. in Nursing EducationM.S. in Nursing LeadershipDoctor of Physical TherapyGraduate Certificate Student:faculty Ratio: 14:1Average Class Size: 15Undergraduate Areas of Study:Accounting, Accounting-Finance, Advertising, Anthropology, Biology, Business Administration, Certification in Elementary Education, Chemistry, Communication, Criminal Justice , Creative Writing, Documentary Studies, Education, Emergency Medical Services, English, Environmental Science, Environmental Studies, Finance, Forensic Psychology, General Studies/Liberal Arts, Global Citizenship, Healthcare Administration, Health Sciences, History, Human Services, Journalism, Management, Marketing, Media Studies, Music, Nursing, Paralegal, Philosophy, Psychology, Public Health, Public History, Public Relations, Secondary Certification - Biology, Secondary Certification - English , Secondary Certification - Social Science, Social Media and Emergent Technologies, Social Work and Counseling, Sociology, Spanish, Sports and Recreation Management, Sports Media, Student-Designed (Interdisciplinary), Sustainability, TV and Radio Media Production, Women in Leadership, Integrated Studies.Graduate Areas of Study:Business Administration in Energy and Sustainability Studies, Business Administration in Human Resource Management, Business Administration in Leadership, Business Administration in Sports Management, Business in Health Administration, Education, Emerging Network Technology, Health Administration, Human Resource Management, Leadership, Nursing Administration, Nursing Education, Physical Therapy, Physician Assistant Studies, Business in Information Technology Management and Sustainability.MBA tracks are available as an accelerated program through the College at Rindge and several programs are available at our College of Graduate & Professional Studies across New England, in Arizona, and online.Accreditation:Franklin Pierce University is accredited by the New England Commission of Higher Education (NECHE). In May 2009, Franklin Pierce was accorded full re-accreditation by NECHE until 2018. 74672140 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 210 0 1 1552 1 1 1 0 0 0 0 1 1 0 0 0 0 X 18 17 0 1 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NH X Sandra Quaye VP of Finance & Admin 6038994241 40 University Drive Rindge NH 03461 Al N Marulli Jr Trustee 1.00 X 0 0 0 Alfred Minahan Past Trustee 1.00 X 0 0 0 B Jay Cooper Trustee 1.00 X 0 0 0 Carleen Farrell Trustee (Secretary) 1.00 X X 0 0 0 Caryl Felicetta Trustee 1.00 X 0 0 0 Elizabeth Di Pietro Trustee 1.00 X 0 0 0 John T Burke Trustee 1.00 X 0 0 0 Kerry Stein Trustee (Vice Chair) 1.00 X X 0 0 0 Kim Mooney President 40.00 X X 304763 0 85190 Leslye A Arsht Trustee 1.00 X 0 0 0 Lloyd Astmann Past Trustee 1.00 X 0 0 0 Patrick McHugh Past Trustee 1.00 X 0 0 0 Robert F Riley Trustee 1.00 X 0 0 0 Sean O'Kane Trustee 1.00 X 0 0 0 Steven V Camerino Trustee (Chair) 1.00 X X 0 0 0 Terrell Boston Smith Trustee 1.00 X 0 0 0 Naomi Butterfield Trustee 1.00 X 0 0 0 Joseph M Delancy Trustee 1.00 X 0 0 0 Frederick W Pierce IV Trustee 1.00 X 0 0 0 Teresa Rosenberger Trustee 1.00 X 0 0 0 Alfred Zucaro Trustee 1.00 X 0 0 0 James P Earle Vice President 40.00 X 129811 0 39523 Linda Quimby Vice President 40.00 X 105569 0 60497 Nathaniel Pierce Past Vice President 40.00 X 99426 0 16602 Sandra Quaye CFO & VP of Finance & Admi 40.00 X 170531 0 73316 James DuMond Jr Vice President 40.00 X 87431 0 20816 Jennifer Raxter Vice President 40.00 X 144535 0 37581 George Brothers Past Faculty 40.00 X 117689 0 20623 Kerry McKeever Dean 40.00 X 135222 0 47245 Maria Altobello Dean 40.00 X 116152 0 38738 Mary M Palaima Director 40.00 X 119253 0 38050 Stephanie Johnson Director 40.00 X 115707 0 39234 1646089 0 517415 17 0 1 0 Sodexo Inc and Affiliates PO Box 360170 Pittsburgh PA 152516170 Food Services 3032916 Securitas Security Services USA Inc 1 Wall Street Richmond VA 23228 Security Services 571612 EAB 2445 M Street NW Washington DC 20037 Consulting 475290 Liaison Holdings LLC 311 Arsenal Street Suite 15 Watertown MA 02472 Print Marketing 270633 Carousel Industries North America 659 South County Trail Exeter Exeter RI 02822 IT Services 209402 20 35634 755130 1260881 73289 2051645 Tuition and Fees 611710 66865064 66865064 Auxilliary Services 713940 16238758 15918812 319946 Miscellaneous Revenue 611710 746430 746430 83850252 344092 344092 526944 195469 331475 331475 331475 50 35634 19352 -19302 -19302 86558162 83530306 319946 656265 31260409 31260409 1375590 1375590 19700025 18267666 1067839 364520 1406031 1311706 68151 26174 4332212 3977045 260203 94964 1447453 1275008 147041 25404 74979 74979 82844 82844 18000 18000 126902 126902 4499011 3739169 649347 110495 300411 277807 20741 1863 505123 372554 116092 16477 271688 271688 3960670 3735654 213551 11465 950294 916126 15592 18576 68667 64489 4093 85 1485325 1428907 56418 3751865 3609357 142508 736979 736979 Student Board 2654077 2654077 Supplies 837654 743394 92058 2202 Taxes 622334 622334 Dues and Subscriptions 600000 518732 81268 687534 248352 384963 54219 81756077 74672140 6339493 744444 X 8813368 11860330 2583388 996839 269155 194491 678884 878878 5130611 4766652 67681 111689 549684 599544 107668120 58083407 50469168 49584713 7536767 12150050 271184 286099 76369890 81429285 4095380 4731235 2555620 2678247 33538159 32891446 416139 50005 7009295 7151338 47614593 47502271 X 21734917 26027135 1589175 1931863 5431205 5968016 28755297 33927014 76369890 81429285 4802085 369632 0 X 0 1 X 1 1 1 X 10325393 2564532 688625 246721 13331829 7507408 2354214 710238 246467 10325393 5227502 2485429 18835 224358 7507408 5017350 267180 156690 213718 5227502 6045932 239193 398750 1666525 5017350 0.51120 0.44770 0.04110 0 0 1104677 1104677 72766452 37250173 35516279 346161 156419 189742 14912330 9559135 5353195 18538500 11117680 7420820 49584713 Gov't Advances for Student Loans 731784 Capital Lease Obligations 3899016 Student Deposits 2520538 7151338 55559836 369632 19353 388985 55170851 126902 31260409 31387311 86558162 50388119 19353 19353 50368766 126902 31260409 31387311 81756077 Part V, Line 4: The University's endowment primarily consists of funds established for scholarships. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. As required by U.S. Generally Accepted Accounting Principles (GAAP), net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 19,353. Part XI, Line 4b - Other Adjustments: Financial Aid 31,260,409. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 19,353. Part XII, Line 4b - Other Adjustments: Financial Aid 31,260,409. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University Policy is widely circulated and available. The Policy is available on the University website, academic catalogue, student handbook, student applications and various other publications. The policy was distributed to students by email and posted in high traffic areas as well as all College of Graduate & Professional Studies sites. Schedule E, Part I, Line 6 Franklin Pierce University participates in the following governmental programs: Federal Pell Grant SEOG - Supplemental Educational Opportunity Grant Federal Perkins Loans Federal Stafford Student Loan - Subsidized and unsubsidized Federal PLUS - Parent Loans for Undergraduate Students Federal workstudy Federal PLUS - Graduate Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 International Education Programs Expenditures 74540 0 0 0 0 0 0 74540 0 74540 0 0 0 0 0 0 X X X X X X X 1 Brian Rusk 340 Wellingwood Drive East Amherst NY 14051 Personal Solicitation 0 25000 18000 7000 25000 18000 7000 NH AZ Golf Tournament 31134 31084 50 13139 3901 Baseball Tournament 4550 4550 2312 35684 35634 50 15451 3901 19352 -19302 1 Named Scholarships 90 272523 FMV Discounts 1562 30987886 FMV Student tuition discounts. Schedule I, Part I, Line 2 All assistance is in the form of grants and scholarships. These funds are applied directly to the student's account. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Kim Mooney President 234641 0 20000 0 50122 0 20502 0 64688 0 389953 0 0 0 James P Earle Vice President 128050 0 0 0 1761 0 13065 0 26458 0 169334 0 0 0 Linda Quimby Vice President 104280 0 0 0 1289 0 11256 0 49241 0 166066 0 0 0 Sandra Quaye CFO & VP of Finance & Admi 168972 0 0 0 1559 0 17589 0 55727 0 243847 0 0 0 Jennifer Raxter Vice President 144067 0 0 0 468 0 9875 0 27706 0 182116 0 0 0 Kerry McKeever Dean 131653 0 0 0 3569 0 11410 0 35835 0 182467 0 0 0 Maria Altobello Dean 115417 0 0 0 735 0 11367 0 27371 0 154890 0 0 0 Mary M Palaima Director 116297 0 0 0 2956 0 9208 0 28842 0 157303 0 0 0 Stephanie Johnson Director 107770 0 0 0 7937 0 10057 0 29177 0 154941 0 0 0 Part I, Line 7 Bonus for Kim Mooney was approved and paid at the discretion of the board of directors. A New Hampshire Health and Education Facilities Authority 020279866 2016-11-07 34562000 Construction of college facilities 0 0 0 A 1020699 34562000 675863 33886137 2016 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 A 0 4650 Tuition Waivers Tuition for dependents X 4 66344 Mean value - day of gift X 14.5 Cases of Wine 1 6945 Donor Provided Docum 0 1 0 Form 990, Part VI, Section A, line 3 Diane Bono was consulting for the University as Director of Human Resources and Risk Management on an interim basis. Lynn Rosansky was hired through an agency as the interim Provost during a portion of current year 2017. Form 990, Part VI, Section A, line 4 The Board of Trustees revised institutional by-laws in order to update our committee structure while eliminating the Treasurer role of the body. Form 990, Part VI, Section A, line 8b The minutes are maintained for all full board meetings but are not maintained for the executive sessions. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the CFO, President and the Audit Committee. A draft of the 990 is provided to the entire board of directors prior to filing and they are informed of the planned file date so that any concerns can be communicated prior to filing. The finalized and filed 990 is provided to the entire board after filing. Form 990, Part VI, Section B, line 12c A list of vendors who are paid over $5,000 annually are provided to all Trustees, Officers and key managers and directors. They are required to check the list and sign a document indicating any conficts of interest. The organization's policy is reviewed annually by the Audit committee. Potential conflicts noted are reviewed annually to determine if action is necessary. Form 990, Part VI, Section B, line 15 The Executive Committee, acting without individuals who have a conflict of interest, will annually review total compensation data compiled by independent organizations such as CUPA, The Chronicle of Higher Education or an independent compensation consulting firm. Franklin Pierce considers comparative data for similarly qualified individuals in functionally comparable positions at similarly situated institutions. It's within the Committee's purview to engage with Human Resources to compile the most relevant data. Form 990, Part VI, Section C, line 19 Franklin Pierce University makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Franklin Pierce University 40 University Drive Rindge, NH 03461 EIN 02-0263136 Franklin Pierce University is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).