2019-04-05T12:31:15-05:00 2018-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2017-07-01 042103585 LASELL COLLEGE LASE 6172432000 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 MICHAEL J HOYLE PH D VP FOR ADMIN. & FINANCE 6172432100 2019-03-19 1 CRAIG KLEIN P00734640 6177610600 2019-03-19 207.172.72.163 2019-03-19 08:37:59 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 AAFE5242E44AA74A98A743050A15125E154A43A4 2017 2019-02-21 02:37:17Z MICHAEL B ALEXANDER 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 106612531 0 X WWW.LASELL.EDU X 1851 MA WE IMMERSE STUDENTS IN EXPERIENTIAL AND COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 20 20 1246 150 0 38747 5222736 3386724 86856418 86948917 1825898 2446930 225467 221833 94130519 93004404 30811825 31262065 0 0 33213109 33068630 33594 22081 2143634 26727812 28144653 90786340 92497429 3344179 506975 152401919 149980732 83538245 78765016 68863674 71215716 X WE IMMERSE STUDENTS IN EXPERIENTIAL AND COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 0 0 79426058 31262065 82613441 LASELL COLLEGE IS A COMPREHENSIVE COEDUCATIONAL COLLEGE WHICH OFFERS PROFESSIONALLY ORIENTED BACHELOR'S AND MASTER'S DEGREE PROGRAMS, INCLUDING MORE THAN 25 ACADEMIC MAJORS.OUR STUDENTS ARE GIVEN THE OPPORTUNITY TO PRACTICE AND PREPARE FOR THE REAL WORLD THROUGH A PROJECT-BASED AND PROBLEM-BASED APPROACH TO TEACHING, THROUGH EXPOSURE TO DIVERSE CULTURES AND PEOPLES, THROUGH THE DEVELOPMENT OF CRITICAL SKILLS SUCH AS WRITING AND SPEAKING IN FRONT OF GROUPS, AND THROUGH CONFRONTATION WITH ETHICAL AND MORAL QUESTIONS.LASELL COLLEGE IS KNOWN FOR HELPING STUDENTS MAKE THE CONNECTION BETWEEN CLASSROOM LESSONS AND REAL LIFE THROUGH HANDS-ON ACTIVITIES SUCH AS INTERNSHIPS, PRACTICA, SERVICE LEARNING, AND MEANINGFUL PROJECTS. CONNECTED LEARNING AT LASELL COLLEGE INVOLVES STUDENTS DIRECTLY AND ACTIVELY IN THE FIELDS THEY ARE LEARNING. IN ALL MAJORS, STUDENTS EXPLORE REAL ISSUES, EVENTS, PROBLEMS, AND SOLUTIONS. LASELL COLLEGE FACULTY ARE COMMITTED TO CREATIVELY INTEGRATING CHALLENGING COURSEWORK WITH PRACTICAL EXPERIENCE IN AN ENVIRONMENT THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION, ACTIVE CITIZENSHIP AND SOCIAL RESPONSIBILTIY.**NUMBER OF STUDENTS IN 2017-2018 SCHOOL YEAR:FALL 2017 SEMESTER: UNDERGRADUATE 1669 FULL-TIME, 27 PART-TIME; GRADUATE 123 FULL-TIME, 246 PART-TIME. SPRING 2018 SEMESTER: UNDERGRADUATE 1569 FULL-TIME, 30 PART-TIME; GRADUATE 155 FULL-TIME, 251 PART-TIME. SUMMER 2017 TERM 2: UNDERGRADUATE 64 PART-TIME; GRADUATE 1 FULL-TIME, 165 PART-TIME. SUMMER 2018 TERM 1: UNDERGRADUATE 211 PART-TIME; GRADUATE 5 FULL-TIME, 251 PART-TIME. OUR UNDERGRADUATE STUDENTS REPRESENT 29 STATES AND 22 FOREIGN COUNTRIES AND OUR GRADUATE STUDENTS REPRESENT 30 STATES AND 20 FOREIGN COUNTRIES. 1313239 2103630 PROVIDED MANAGEMENT AND EDUCATIONAL SERVICES AND LEASED LAND TO LASELL VILLAGE, INC., A TAX-EXEMPT AFFILIATE, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF LASELL VILLAGE, INC. 1618398 1731204 PROVIDED COLLABORATIVE POLICE AND INFORMATION TECHNOLOGY SERVICES WITH TWO OTHER LOCAL COLLEGES, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF THOSE COLLEGES, WITH THE GOAL OF PROVIDING QUALITY SERVICES TO EACH COLLEGE CAMPUS IN A COST EFFECTIVE MANNER. 514987 500642 PROVIDED FACILITIES FOR OTHER EDUCATIONAL ORGANIZATIONS TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE HOUSING TO STUDENTS. 514987 500642 82872682 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 3292 0 1 1246 1 1 1 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AK MD MI NH NY OR SC KY X X X MICHAEL J HOYLE PH D VP FOR AD 6172432000 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 KEON HOLMES CHAIR 1.00 0.00 X X 0 0 0 GERRY DEROCHE VICE CHAIR 1.00 0.00 X X 0 0 0 PETER SCHULTE TREASURER 1.00 0.00 X X 0 0 0 LORI HINDLE CLERK 1.00 0.00 X X 0 0 0 RICHARD K BLANKSTEIN TRUSTEE/PAST CHAIR 1.00 0.00 X 0 0 0 RENA CLARK TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL CONNOR TRUSTEE 1.00 0.00 X 0 0 0 ERIC COSTIN TRUSTEE 1.00 0.00 X 0 0 0 JOHN DORAN TRUSTEE 1.00 0.00 X 0 0 0 SUSAN RINKLIN DUNNE TRUSTEE 1.00 0.00 X 0 0 0 DEBORAH ESTABROOK TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA FLATLEY TRUSTEE 1.00 0.00 X 0 0 0 IRWIN GRUVERMAN TRUSTEE 1.00 0.00 X 0 0 0 DAVID HILL TRUSTEE 1.00 0.00 X 0 0 0 BRAD KATES TRUSTEE 1.00 0.00 X 0 0 0 JOE MARAIA TRUSTEE 1.00 0.00 X 0 0 0 KAREN MCCAFFERTY TRUSTEE (THROUGH 6/18) 1.00 0.00 X 0 0 0 DAVID MCINNIS TRUSTEE 1.00 0.00 X 0 0 0 LAURIE PASCAL TRUSTEE 1.00 0.00 X 0 0 0 HEIDI RAFFONE TRUSTEE 1.00 0.00 X 0 0 0 DEBBIE SCHNEIDER TRUSTEE 1.00 0.00 X 0 0 0 WARNER SLACK TRUSTEE (THROUGH 6/18) 1.00 0.00 X 0 0 0 MICHAEL B ALEXANDER PRESIDENT 40.00 10.00 X 391353 0 98289 DR MICHAEL J HOYLE ASST TREASURER; VP ADMIN & FINANCE 40.00 10.00 X 213147 0 27161 PAMELA FARIA THROUGH 1217 ASST CLERK; VP SPECIAL ASST TO PRES. 40.00 10.00 X 132380 0 22188 HENRY PUGH ASSISTANT CLERK/ EXE. ASSISTANT 40.00 0.00 X 55624 0 28002 DEAN J HICKEY VP DEVELOPMENT/ALUMNI RELATIONS 40.00 0.00 X 228500 0 47096 DR KATHLEEN M O'CONNOR VP ENROLLMENT MGMT 40.00 0.00 X 210603 0 27817 DR JAMES M OSTROW VP ACADEMIC AFFAIRS 40.00 0.00 X 194654 0 41770 DIANE M AUSTIN VP STUDENT AFFAIRS 40.00 0.00 X 158123 0 21631 ANNE E DOYLE VP LASELL VILLAGE 10.00 40.00 X 232055 0 17635 1816439 0 331589 34 0 1 0 COMMODORE BUILDERS CORP 404 WYMAN STREET SUITE 400 WALTHAM MA 02451 CONSTRUCTION SERVICES 12079929 SODEXO INC 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD SERVICES 2854419 COMPASS GROUP USA 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 1723071 GCA SERVICES GROUP 1350 EUCLID AVE SUITE 1500 CLEVELAND OH 44115 HOUSEKEEPING SERVICES 1141185 METRO WEST CONTRACTING CORP 6 BEAUMONTS POND DRIVE FOXBORO MA 02035 CONSTRUCTION SERVICES 782296 16 658082 2728642 146671 3386724 TUITION & FEES 611310 61114640 61114640 ROOM & BOARD 611310 18797839 18797839 MGMT FEE/RENT FROM TAX-EXEMPT AFF 561499 2103630 2103630 COLLABORATIONS WITH COLLEGES 611710 1731204 1731204 CONNECTED LEARNING/ED. 611710 1723048 1723048 1478556 982021 496535 86948917 948031 948031 118999 48984 70015 70015 70015 15033980 15200 13538353 11928 1495627 3272 1498899 1498899 73031 2180 70851 70851 7692 6682 1010 1010 MISCELLANEOUS INCOME 900099 65019 65019 ALUMNI EVENTS 900099 14938 14938 79957 93004404 86532339 0 3085341 31262065 31262065 913063 705647 207416 26314574 20607498 4578209 1128867 1126878 855749 217575 53554 2679394 1761400 807996 109998 2034721 1472585 483834 78302 476596 476596 125000 125000 22081 22081 159503 159503 1791149 1181630 564255 45264 718753 704085 14668 2363946 1643029 554445 166472 1431328 370153 1028916 32259 5619077 708977 4903217 6883 1017412 885597 85749 46066 68362 54270 12073 2019 2670615 2605864 64751 5354116 4779663 488031 86422 208518 19114 189404 CAFETERIA FOOD SERVICE 3680058 3680058 ANNUITY PAYMENTS 92820 92820 ALLOCATION OF OPERATION 0 8233585 -8283172 49587 2367400 2047360 211596 108444 92497429 82872682 7481113 2143634 30644 23679 10324596 2960060 2676835 2916740 2475333 3263037 362 80 1062279 1062173 155254772 57348762 92400966 97906010 40094537 38558810 125611 128411 606860 414263 2603896 2747469 152401919 149980732 10169714 5831905 8910555 11138480 57551178 56223289 6906798 5571342 83538245 78765016 X 52530129 54414571 8127643 8274648 8205902 8526497 68863674 71215716 152401919 149980732 X 506975 422488 1422579 X 0 1 X 1 1 1 X 2369824 1892288 5337977 5222736 3386724 18209549 2369824 1892288 5337977 5222736 3386724 18209549 2737795 15471754 789151 1083068 1024952 983350 1067030 4947551 446609 455668 561835 447514 577258 2488884 25645984 413107099 0.60330 0.54810 X FORM 990, SCHEDULE A, PART I, LINE 7: THE BASIS OF THE COLLEGE'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. X 1 2.20 0 0 1 1 0.00 0 1 33920054 536750 2835708 180720 1583093 -190729 35719428 36358968 410416 5082471 140361 7620668 170772 33920054 37805340 312135 -263745 133323 1257128 104311 36358968 37620734 351919 1311083 124231 1294135 60030 37805340 31927933 1763429 5290492 110590 1045540 204990 37620734 0.61160 0.23850 0.14990 1 0 1235118 1235118 130314115 44230801 86083314 10989304 8665527 2323777 4678012 8038223 4452434 8263801 97906010 FMV INTEREST RATE SWAPS 4513534 REFUNDABLE ADVANCES - PERKINS LOAN PROGRAM 321014 CONDITIONAL ASSET RETIREMENT OBLIGATION 44500 ANNUITY OBLIGATIONS 392900 CAPITAL LEASE LIABILITY 99394 457 PLAN LIABILITY 200000 5571342 X 63801560 422488 1483491 1905979 61895581 159503 30949320 31108823 93004404 61449518 60912 60912 61388606 159503 30949320 31108823 92497429 PART II, LINE 5: MEMBERS OF THE CITY'S CONSERVATION COMMITTEE VISIT THE LOCATION TO ENSURE THAT WE ARE IN COMPLIANCE. PART V, LINE 4: BOARD-DESIGNATED ENDOWMENT - FUNDS SET ASIDE BY THE BOARD OF TRUSTEES FOR STRATEGIC PURPOSES AND TO PROVIDE INVESTMENT INCOME TO SUPPORT OPERATIONS. THESE AMOUNTS MAY ONLY BE USED WITH THE APPROVAL OF THE BOARD OF TRUSTEES. PERMANENT ENDOWMENT - AMOUNTS RESTRICTED BY DONORS AGAINST ANY EXPENDITURE OF PRINCIPAL. SUBSTANTIALLY ALL THE INCOME EARNED ON PRINCIPAL MAY BE USED FOR GENERAL OR DONOR-RESTRICTED PURPOSES AND IS RECORDED IN UNRESTRICTED NET ASSETS OR TEMPORARILY RESTRICTED NET ASSETS, AS APPROPRIATE. 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 DETERMINATION AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE COLLEGE'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 969,703. RENTAL EXPENSES INCLUDED ON PART VIII, LINE 6B 48,984. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 304,300. CHANGE IN VALUE OF BENEFICIAL INTERESTS 148,576. COST OF SALES INCLUDED ON PART VIII, LINE 7B 11,928. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 30,785,381. AUXILIARY ENTERPRISE DISCOUNTS 17,446. OTHER EXPENSE 53,673. ANNUITY PAYMENTS 92,820. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII, LINE 6B 48,984. COST OF SALES INCLUDED ON PART VIII, LINE 7B 11,928. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 30,785,381. AUXILIARY ENTERPRISE DISCOUNTS 17,446. ANNUITY PAYMENTS 92,820. OTHER EXPENSE 53,673. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PER PART 4.03 2(B) OF REV. PROC 75-50, 1975-2 C.B.587, THE COLLEGE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHICAL SECTION OF THE UNITED STATES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS. IT CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. ITS PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS ARE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS OF THE AVAILABILITY OF THE COLLEGE. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES GRANTS IN THE FORM OF FUNDS DISTRIBUTED FOR FINANCIAL AID OR SUPPORT OF EDUCATIONAL PROGRAMS. X X X X X X X 1 BENEFACTOR GROUP 450 S FRONT ST COLUMBUS OH 43215 FUNDRAISING COUNSEL 0 0 22081 0 22081 MA AK CO DC KY MD ME MI NH NY OR SC WA 73031 73031 2180 73031 73031 2180 2180 70851 1 SEOG GRANTS 62 0 122438 FMV CREDIT TO STUDENT ACCOUNTS MASSACHUSETTS GILBERT GRANTS 241 0 336800 FMV CREDIT TO STUDENT ACCOUNTS LASELL SCHOLARSHIPS AND OTHER FINANCIAL AID AWARDS 1674 0 30666556 FMV CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS FROM RESTRICTED GIFTS 19 0 53750 FMV CREDIT TO STUDENT ACCOUNTS LASELL SIBLING DISCOUNTS 35 0 65221 FMV CREDIT TO STUDENT ACCOUNTS LASELL OTHER TUITION DISCOUNTS 1 0 17300 FMV CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: INSTITUTIONAL FINANCIAL ASSISTANCE IS AWARDED BASED ON BOTH A FINANCIAL NEED AND MERIT BASIS. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA AND THE INSTITUTIONAL METHODOLOGY NEED ANALYSIS FORMULA. MERIT AID IS AWARDED TO STUDENTS WHO MEET CERTAIN ACADEMIC CRITERIA WHO MAY OR MAY NOT ALSO HAVE FINANCIAL NEED FOR ASSISTANCE. CAMPUS BASED FINANCIAL ASSISTANCE FROM FEDERAL AND STATE SOURCES IS AWARDED BASED ON FINANCIAL NEED AND OTHER ELIGIBILITY REQUIREMENTS AS STIPULATED BY FEDERAL OR STATE GUIDELINES. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 MICHAEL B ALEXANDER PRESIDENT 380329 0 0 0 11024 0 71877 0 26412 0 489642 0 0 0 DR MICHAEL J HOYLE ASST TREASURER; VP ADMIN & FINANCE 212871 0 0 0 276 0 16158 0 11003 0 240308 0 0 0 PAMELA FARIA THROUGH 1217 ASST CLERK; VP SPECIAL ASST TO PRES. 130856 0 0 0 1524 0 10144 0 12044 0 154568 0 0 0 DEAN J HICKEY VP DEVELOPMENT/ALUMNI RELATIONS 228224 0 0 0 276 0 17993 0 29103 0 275596 0 0 0 DR KATHLEEN M O'CONNOR VP ENROLLMENT MGMT 209811 0 0 0 792 0 16012 0 11805 0 238420 0 0 0 DR JAMES M OSTROW VP ACADEMIC AFFAIRS 193862 0 0 0 792 0 15313 0 26457 0 236424 0 0 0 DIANE M AUSTIN VP STUDENT AFFAIRS 156599 0 0 0 1524 0 11982 0 9649 0 179754 0 0 0 ANNE E DOYLE VP LASELL VILLAGE 211538 0 20000 0 517 0 15885 0 1750 0 249690 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDED NON-TAXABLE HOUSING TO THE ASSISTANT CLERK/VP SPECIAL ASSISTANT TO THE PRESIDENT AS PART OF HER COMPENSATION. PART I, LINE 4B DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2017 THE COLLEGE OFFERED RETIREMENT PLANS PURSUANT TO SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN EMPLOYEES, AS FOLLOWS: MICHAEL ALEXANDER, $40,000 PART I, LINE 7 AS DETAILED ON SCHEDULE J, PART II, BONUSES WERE AWARDED TO CERTAIN EMPLOYEES DURING THE YEAR. BONUSES WERE AWARDED AT THE DISCRETION OF THE PRESIDENT OF THE COLLEGE. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RZC2 2008-08-07 14665000 CONSTRUCTION OF RESIDENCE HALL & EXISTING PROJECTS 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RGS8 2006-09-28 6400000 ADVANCE REFUND OF PRIOR ISSUE 0 0 0 C MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RGS8 2006-09-28 12070000 CONSTRUCTION OF RESIDENCE HALL & EXISTING PROJECTS 0 0 0 D MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583UCZ9 2011-05-25 24589453 REFUND PRIOR ISSUE AND NEW CONSTRUCTION 0 0 0 A 4785000 14732917 661623 248753 69657 13752884 2009 0 0 1 1 B 1505000 6400000 123645 17921 53884 6204550 2007 0 1 1 1 C 795000 12292016 330000 281019 33798 8592712 3054487 2007 1 0 1 1 D 3700000 24589866 1959213 807400 382372 11023653 10417228 2012 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 RBS CITIZENS 29.000000000000 0 0 0 0 1 B 0 0 0 1 1 1 RBS CITIZENS 20.000000000000 0 0 0 0 1 C 0 0 0 1 1 1 RBS CITIZENS 30.000000000000 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2017 ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2017 ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2017 ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017 ISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 FORM 990, SCHEDULE K-PART II, LINE 3-TOTAL PROCEEDS OF ISSUE. THE DIFFERENCES CONSIST OF INTEREST EARNED: COLUMN A AMOUNT $67,917. COLUMN C AMOUNT $222,016. COLUMN D AMOUNT $413. COLUMN E AMOUNT $81,935. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2015-10-08 10000000 CONSTRUCTION OF ACADEMIC BUILDING 0 0 0 A 113770 10081935 10081935 2017 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 X 9 146671 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A MEETING OF THE GOVERNANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES (BOT) REVIEWED THE FORM 990 AND RECOMMENDED TO THE FULL BOT THAT THE FORM 990 BE ACCEPTED AND FILED. THE FORM 990 WAS MADE AVAILABLE TO THE FULL BOT PRIOR TO THE BOARD MEETING AND THE BOT APPROVED THE MOTION TO ACCEPT THE FORM 990 AND FILE THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES SEND THE CONFLICT OF INTEREST FORMS TO THE EXECUTIVE ASSISTANT TO THE PRESIDENT WHO REVIEWS THE FORMS, LOOKING FOR CONFLICTS NOTED OR NOT NOTED BY THE TRUSTEE(S). IF A CONFLICT IS NOTED, THE FORM IS SENT TO THE COMMITTEE ON TRUSTEES OF THE BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES OF LASELL COLLEGE CONDUCTS AN ANNUAL WRITTEN EVALUATION OF THE PRESIDENT OF THE COLLEGE WHOSE DUTIES ALSO INCLUDE CEO OF LASELL VILLAGE AND ESTABLISHES COMPENSATION BASED ON PERFORMANCE AND AMONG OTHER DATA, CONSIDERS A COMPARISON OF PRESIDENTS AND CEO'S AT SIMILAR SIZED INSTITUTIONS. THE PRESIDENT REVIEWS THE PERFORMANCE OF EACH OFFICER AND KEY EMPLOYEE AGAINST A WRITTEN SET OF GOALS. COMPENSATION IS DETERMINED BY REVIEWING SALARY DATA OF THE RESPECTIVE POSITION AT PEER INSTITUTIONS, AS WELL AS REVIEWING SALARY DATA FROM NATIONAL SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. THE FINANCIAL STATEMENTS OF LASELL COLLEGE ARE AVAILABLE ON THE COLLEGE'S WEBSITE AS WELL AS IN THE RESERVE SECTION OF THE COLLEGE LIBRARY. ADDITIONALLY, THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 969,703. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 304,300. CHANGE IN VALUE OF BENEFICIAL INTERESTS 148,576. LASELL VILLAGE 120 SEMINARY AVE AUBURNDALE MA 02466 223042122 RESIDENTIAL CARE MA 501(C)(3) LINE 10 LASELL INC 0 LASELL INC 1844 COMMONWEALTH AVE NEWTON MA 024662716 861070319 ADMINISTRATIVE SUPPORT MA 501(C)(3) LINE 12B, II N/A 0 CHARITABLE REMAINDER TRUSTS (3) INVESTMENTS MA LASELL COLLEGE T 1 TRUST INVESTMENTS MA LASELL COLLEGE T 614740 1 TRUST INVESTMENTS MA LASELL COLLEGE T 1152916 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0