2016-04-07T13:00:37-05:00 2015-05-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2014-06-01 010211810 UNIVERSITY OF NEW ENGLAND UNIV 2076022063 11 HILLS BEACH ROAD BIDDEFORD ME 04005 NICOLE L LABBE-TRUFANT CPA VP OF FINANCE & ADMINISTRATION 2076022157 2016-03-24 1 JOSEPH M GISO P00030126 6177610600 2016-03-24 2014 2016-08-17 19:52:53Z DANIELLE RIPICH PHD 11 HILLS BEACH ROAD BIDDEFORD ME 04005 223410966 0 X WWW.UNE.EDU X 1831 ME THE UNIVERSITY'S MISSION IS TO PROVIDE STUDENTS WITH A HIGHLY INTEGRATED LEARNING EXPERIENCE THAT PROMOTES EXCELLENCE THROUGH INTERDISCIPLINARY COLLABORATION AND INNOVATION IN EDUCATION, RESEARCH, AND SERVICE. 29 28 3319 28 49242 17220 21297100 17878889 176254262 192610350 1473013 2547814 7239039 7280906 206263414 220317959 35893321 37693125 0 0 83633315 87786949 0 0 3060622 62766321 63651442 182292957 189131516 23970457 31186443 318212861 346134105 146299631 144663977 171913230 201470128 X THE UNIVERSITY'S MISSION IS TO PROVIDE STUDENTS WITH A HIGHLY INTEGRATED LEARNING EXPERIENCE THAT PROMOTES EXCELLENCE THROUGH INTERDISCIPLINARY COLLABORATION AND INNOVATION IN EDUCATION, RESEARCH, AND SERVICE. 0 0 153770953 37693125 172757919 HIGHER EDUCATION: EDUCATION OF OVER 10,371 STUDENTS AT THE COLLEGE LEVEL. DURING THE 2014-15 ACADEMIC YEAR, THE UNIVERSITY GRANTED 1,466 ASSOCIATE'S, BACHELOR'S, MASTER'S AND DOCTORAL DEGREES, REPRESENTING THE COLLEGES OF ARTS AND SCIENCES, WESTBROOK COLLEGE OF HEALTH PROFESSIONS, COLLEGE OF OSTEOPATHIC MEDICINE, COLLEGE OF GRADUATE STUDIES, AND COLLEGE OF PHARMACY. THE UNIVERSITY OFFERS PROGRAMS IN OSTEOPATHIC MEDICINE, ALLIED HEALTH SCIENCES, LIBERAL ARTS, PHARMACY, DENTAL MEDICINE AND OTHER GRADUATE AND UNDERGRADUATE MAJORS.ADDITIONAL FACTS: THE UNIVERSITY OF NEW ENGLAND INCLUDES MAINE'S ONLY:-MASTER OF SCIENCE-PHYSICIAN ASSISTANT PROGRAM.-MASTER OF SCIENCE-NURSE ANESTHESIA PROGRAM-POST-BACCALAUREATE CERTIFICATE PROGRAM IN GERONTOLOGY AND ADDICTIONS COUNSELING.COLLEGES:THE UNIVERSITY OF NEW ENGLAND'S SIX COLLEGES PROVIDE BOTH UNDERGRADUATE AND GRADUATE STUDENTS WITH A WEALTH OF RESOURCES AND A VARIETY OF EDUCATIONAL EXPERIENCES AND RESEARCH OPPORTUNITIES. EACH COLLEGE HAS ITS OWN IDENTITY, BUT EACH CONTRIBUTES TO THE ENRICHMENT OF THE UNIVERSITY'S ACADEMIC LIFE.COLLEGE OF ARTS AND SCIENCES:THE COLLEGE OF ARTS AND SCIENCES OFFERS MORE THAN 30 UNDERGRADUATE MAJORS, RANGING FROM AQUACULTURE AND AQUARIUM SCIENCE TO SPORT MANAGEMENT. THE COLLEGE'S GRADUATE PROGRAMS INCLUDE: MASTERS PROGRAMS IN EDUCATION, BIOLOGICAL SCIENCES AND MARINE SCIENCES; A CERTIFICATE OF ADVANCED GRADUATE STUDY IN EDUCATIONAL LEADERSHIP; AND A DOCTORATE IN EDUCATIONAL LEADERSHIP. THE COLLEGE OF ARTS AND SCIENCES IS HOUSED ON THE BIDDEFORD CAMPUS ON THE COAST OF MAINE.COLLEGE OF DENTAL MEDICINE:THE CURRICULUM OF THE NEW COLLEGE OF DENTAL MEDICINE COMPRISES A BLEND OF TIME TESTED METHODS AND NEW INNOVATIONS IN DENTAL EDUCATION. OUR STUDENTS ARE TREATED AS MEMBERS OF THE PROFESSION FROM DAY ONE. THEY BENEFIT FROM A COMPREHENSIVE EDUCATION IN THE BASIC AND BEHAVIORAL SCIENCES, AND COME TO UNDERSTAND AND APPRECIATE THE MANY CONNECTIONS BETWEEN ORAL HEALTH AND OVERALL HEALTH. THEY GAIN EXTENSIVE PRACTICAL EXPERIENCE, FROM PROVIDING CARE TO A SIMULATED PATIENT IN THE FIRST YEAR; TO PROVIDING DIRECT PATIENT CARE IN PATIENT CENTERED GENERAL PRACTICE TEAMS IN OUR ORAL HEALTH CENTER IN THE SECOND AND THIRD YEARS; TO EXTENDING THEIR CLINICAL EXPERIENCE INTO THE COMMUNITY DURING THEIR FOURTH YEAR, WHILE WORKING AND LIVING IN COMMUNITIES THROUGHOUT NORTHERN NEW ENGLAND AND BEYOND. THE COLLEGE IS HOUSED ON THE PORTLAND CAMPUS, AN HISTORIC SITE IN SUBURBAN PORTLAND, MAINE.COLLEGE OF OSTEOPATHIC MEDICINE:THE COLLEGE OF OSTEOPATHIC MEDICINE IS DEDICATED TO THE IMPROVEMENT OF LIFE THROUGH THE EDUCATION OF OSTEOPATHIC PHYSICIANS, RESEARCH AND SERVICE. THE COLLEGE EMPHASIZES HEALTH, HEALING AND PRIMARY CARE FOR THE PEOPLE OF NEW ENGLAND AND THE NATION. IN ADDITION TO THE DOCTOR OF OSTEOPATHIC MEDICINE DEGREE, THE COLLEGE OFFERS INTERNSHIPS AND RESIDENCIES, A MASTER OF SCIENCE IN MEDICAL EDUCATION LEADERSHIP, AND TWO GRADUATE PROGRAMS IN PUBLIC HEALTH. THE COLLEGE IS HOUSED ON THE BIDDEFORD CAMPUS ON THE COAST OF MAINE.COLLEGE OF PHARMACY:UNE'S COLLEGE OF PHARMACY IS A LEADING EDUCATOR OF THE NEXT GENERATION OF PHARMACISTS. STUDENTS IN THE PROGRAM MASTER A VARIETY OF TOPICS RELATED TO MEDICATION USE, INCLUDING DISEASE MANAGEMENT, PHARMACOLOGY, PHARMACOGENOMICS, PHARMACOECONOMICS, AND PHARMACY INFORMATICS. OUR CURRICULUM IS DEDICATED TO HELPING STUDENTS ACHIEVE OUTCOMES SUITED FOR THEIR INDIVIDUAL INTERESTS AND CAREER ASPIRATIONS. THE DOCTOR OF PHARMACY PROGRAM COMBINES INTERDISCIPLINARY EDUCATION WITH EXPERIENTIAL PRACTICE AND RESULTS IN A PHARMACIST PREPARED FOR THE RIGORS OF AN INTERPROFESSIONAL HEALTH MANAGEMENT TEAM. THE COLLEGE IS HOUSED ON THE PORTLAND CAMPUS IN SUBURBAN PORTLAND, MAINE.WESTBROOK COLLEGE OF HEALTH PROFESSIONS:THE WESTBROOK COLLEGE OF HEALTH PROFESSIONS OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. UNDERGRADUATE PROGRAMS INCLUDE DENTAL HYGIENE, NURSING, APPLIED EXERCISE SCIENCE AND ATHLETIC TRAINING, AND GRADUATE PROGRAMS INCLUDE NURSE ANESTHESIA, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, PHYSICIAN ASSISTANT AND SOCIAL WORK. THE COLLEGE HAS STATE-OF-THE ART EDUCATIONAL FACILITIES AND HAS PIONEERED THE MODEL OF INTERPROFESSIONAL EDUCATION.COLLEGE OF GRADUATE STUDIES - ONLINE WORLDWIDE LEARNING:THE MISSION OF THE COLLEGE OF GRADUATE STUDIES IS TO ENHANCE, EXPAND, AND ENRICH STUDENT LEARNING OPPORTUNITIES THROUGH INNOVATIVE EDUCATIONAL AND ON LINE EXPERIENCES. THE COLLEGE PARTNERS WITH THE UNIVERSITY'S OTHER FIVE COLLEGES TO PROVIDE PROGRAMMATIC, FINANCIAL, AND LOGISTICAL SUPPORT TO STUDENTS ENROLLED IN ONLINE PROGRAMS, WHILE ENSURING EXCELLENCE IN PROFESSIONAL AND GRADUATE EDUCATION AND CONSISTENCY IN MAINTAINING THE HIGHEST ACADEMIC STANDARDS.GLOBAL EDUCATION:THE GLOBAL EDUCATION PROGRAM DEVELOPS AND PROMOTES GLOBAL EDUCATION AND RESEARCH OPPORTUNITIES. STUDENTS CAN STUDY ABROAD VIA PARTNERSHPS IN GHANA AND SPAIN OR ON OUR CAMPUS IN MOROCCO. IN 2014, UNE OPENED ITS CAMPUS IN TANGIER, MOROCCO. THE PROGRAM ENABLES STUDENTS TO CHOOSE FROM COURSES IN THE SCIENCES, HUMANITIES, SOCIAL SCIENCES, BUSINESS AND THE ARTS INCLUDING LAB SCIENCE COURSES. STUDENTS GAIN A GLOBAL PERSPECTIVE WITHOUT EXPERIENCING ANY DELAY IN THE CURRICULUM REQUIRED FOR THEIR MAJOR. RESEARCH:UNE RECEIVES GRANTS FROM A NUMBER OF PRESTIGIOUS NATIONAL SOURCES INCLUDING THE NATIONAL SCIENCE FOUNDATION, U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, NATIONAL INSTITUTES OF HEALTH, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, U.S.ENVIRONMENTAL PROTECTION AGENCY AND NATIONAL ENDOWMENT FOR THE HUMANITIES. 19337788 24508613 AUXILIARY SERVICES FOR THE DELIVERY OF HIGHER EDUCATION INCLUDE ROOM AND BOARD FOR OVER 1,400 STUDENTS:THE MISSION IS TO WORK IN PARTNERSHIP WITH RESIDENT STUDENTS TO CREATE A HEALTHY AND POSITIVE RESIDENTIAL COMMUNITY THAT ENHANCES ACADEMIC PURSUITS AND PROVIDES OPPORTUNITIES FOR PERSONAL, SOCIAL AND SPIRITUAL GROWTH. THE GOAL IS TO PROMOTE AN ATMOSPHERE ROOTED IN CIVILITY AND PERSONAL RESPONSIBILITY, AND ENCOURAGE REFLECTIVE THINKING AND ACTIVE INVOLVEMENT. THE STAFF STRIVES TO TEACH, MODEL, AND LEARN WITH THE STUDENTS THE VALUES OF COMMUNITY, INQUIRY, INTEGRITY, AND CARING. MAINTAINING A CLOSE RELATIONSHIP WITH STUDENT ACTIVITIES CREATES A POSITIVE IMPACT ON CAMPUS LIFE FOR THE ENTIRE UNIVERSITY. STUDENTS ARE ENCOURAGED TO ACTIVELY ENGAGE IN MANY ARENAS TO BECOME MORE DEEPLY INVOLVED IN THE UNIVERSITY, AND THEREBY IN THEIR OWN EDUCATION. THESE EXPERIENCES OUTSIDE THE CLASSROOM CAN TRULY ENHANCE THOSE EXPERIENCES STUDENTS HAVE WITHIN THE CLASSROOM.ADDITIONAL FACTS:UNIVERSITY OF NEW ENGLAND DINING SERVICES:USING INPUT FROM STUDENTS THROUGH COMMENT BOARDS, PERSONAL CONTACTS BETWEEN STUDENTS AND FOOD SERVICE MANAGERS, AND REGULAR MEETINGS WITH CAMPUS DINING ADVISORY COMMITTEES, THE UNIVERSITY'S DINING SERVICES IS ABLE TO STAY IN STEP WITH THE STUDENTS' NEEDS AND DESIRES. ALL NEW UNE STUDENTS ARE ENCOURAGED TO TAKE ADVANTAGE OF ANY OF THE ABOVE METHODS OF CONNECTING IN ORDER TO MAINTAIN AN INNOVATIVE AND CREATIVE DINING THAT MEETS STUDENTS' DIVERSE DIETARY NEEDS.E SERVICES:THE UNIVERSITY OF NEW ENGLAND OFFERS A NUMBER OF ON-LINE SERVICES FOR OUR STUDENTS, FACULTY AND STAFF:U-ONLINE - U-ONLINE PROVIDES STUDENTS, FACULTY, AND STAFF WITH SECURE, WEB-BASED ACCESS TO SELECTED ADMINISTRATIVE, ACADEMIC, AND EMPLOYEE RECORDS. U-ONLINE IS THE ONLY ON-LINE OFFICIAL WEB-BASED SOURCE OF INFORMATION FROM THE UNIVERSITY OF NEW ENGLAND. BLACKBOARD/WEBCT - THE BLACKBOARD LEARNING SYSTEM IS A COURSE MANAGEMENT SYSTEM WITH TEACHING AND LEARNING TOOLS FOR COURSE PREPARATION, DELIVERY, AND MANAGEMENT. MYUNE - MYUNE PROVIDES UNE STUDENTS, FACULTY AND STAFF WITH INTRANET AND INTERNET SERVICES, SUCH AS EMAIL, PERSONAL SCHEDULES, AND CAMPUS CALENDARS. 173108741 1 1 0 1 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10865 0 1 3319 1 1 1 1 MO 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 ME X BETH MADORE CONTROLLER 2076022063 11 HILLS BEACH ROAD BIDDEFORD ME 04005 MARK DOIRON CHAIR OF BOARD 10.00 X X 0 0 0 KARIN A GREGORY JD MPH VICE CHAIR 1.00 X X 0 0 0 DAVID L ANDERSON PHD TREASURER 1.00 X X 0 0 0 SANDI GOOLDEN SECRETARY 1.00 X X 0 0 0 CYNTHIA J MILLIKEN TAYLOR BOARD MEMBER 1.00 X 0 0 0 DAN MCCORMACK MBA BOARD MEMBER 1.00 X 0 0 0 CHARLES J KEAN JD CPA BOARD MEMBER 1.00 X 0 0 0 DAVID BARBER BOARD MEMBER 1.00 X 0 0 0 MARY J HERMAN BOARD MEMBER 1.00 X 0 0 0 DAVID M BIONDI DO BOARD MEMBER 1.00 X 0 0 0 DIANE COLLINS FIELD BOARD MEMBER 1.00 X 0 0 0 GARY E PALMAN DO BOARD MEMBER 1.00 X 0 0 0 GERALD A TALBOT BOARD MEMBER 1.00 X 0 0 0 GROVER C GILMORE PHD BOARD MEMBER 1.00 X 0 0 0 JAMES C NORWOOD JR BOARD MEMBER 1.00 X 0 0 0 JEANETTE IVES ERICKSON RN DNP BOARD MEMBER 1.00 X 0 0 0 JOSEPH R KENNEALLY DMD BOARD MEMBER 1.00 X 0 0 0 AIDEN MCPARLAND STUDENT TRUSTEE 1.00 X 7052 0 0 GEORGE M LOCARNO LLM CPA JD BOARD MEMBER 1.00 X 0 0 0 BARBARA ROSS-LEE DO BOARD MEMBER 1.00 X 0 0 0 MELINDA Y SMALL PHD BOARD MEMBER 1.00 X 0 0 0 MICHAEL A MOREL BOARD MEMBER 1.00 X 0 0 0 STEPHANIE PODOLSKI MPH STUDENT TRUSTEE 1.00 X 0 0 0 PATRICIA J PHILLIPS DO BOARD MEMBER 1.00 X 0 0 0 RICHARD M RODERICK BOARD MEMBER 1.00 X 0 0 0 RITA R COLWELL PHD BOARD MEMBER 1.00 X 0 0 0 ROBERT T LEONARD JR DO BOARD MEMBER 1.00 X 0 0 0 GLORIA PINZA JD BOARD MEMBER 1.00 X 0 0 0 DANIELLE RIPICH PHD PRESIDENT 40.00 X X 700007 0 28867 NICOLE LABEE-TRUFANT CPA VP OF FINANCE & ADMINISTRATION 40.00 X 209239 0 20347 JAMES KOELBL DDS MS MJ PROVOST 40.00 X 374862 0 42165 DOUGLAS L WOOD DO PHD DEAN OF COLL OF OSTEO MED 40.00 X 421380 0 39634 REBECCA J ROWE PHD ASSOC. DIR/PROFESSOR 40.00 X 311777 0 29657 PETER B DANE DO ASSOCIATE DEAN 40.00 X 265179 0 42127 JAMES B HANLEY DMD DEAN OF COLL OF DENTAL MED 40.00 X 229762 0 31295 GAYLE A BRAZEAU PHD DEAN OF COLL OF PHARMACY 40.00 X 220875 0 26672 JOHN LWILLIAMS PHD MED FORMER PROVOST 40.00 X 145396 0 33252 2885529 0 294016 128 1 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 FOOD SERVICE 4525205 ELLUCIAN COMPANY LP 14083 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 TECHNOLOGY SERVICES 4051899 EBNT USA HOLDINGS INC 2145 METRO CENTER BLVD ORLANDO FL 328357632 EDUCATIONAL CURRICULUM 3218278 NCS PEARSON INCORPORATED 13036 COLLECTION CENTER DRIVE CHICAGO IL 60693 EDUCATIONAL CURRICULUM 3107785 NG BAILEY INC 2 BAILEY DRIVE GRAY ME 04039 CONSTRUCTION 1186483 42 9554 7608347 10260988 2176162 17878889 TUITION AND FEES 900099 172757919 172757919 RESIDENCE AND DINING HALLS 900099 19852431 19852431 192610350 475635 475635 577140 317188 259952 259952 49242 210710 4785075 47513 2699848 60561 2085227 -13048 2072179 2072179 9688 9554 15410 -5722 -5722 HEALTH CENTERS 900099 4013300 4013300 CONFERENCES 900099 1399506 1399506 OTHER AUXILIARY INCOME 900099 970988 970988 642882 642882 7026676 220317959 197266532 49242 5123296 41224 41224 37651901 37651901 1284109 374862 559243 350004 68603833 63772357 3436290 1395186 3581246 3294746 214875 71625 9607408 8871653 486546 249209 4710353 4333525 282621 94207 441996 220998 220998 150255 150255 200 200 1393489 1231440 39040 123009 4697207 4559581 108653 28973 4539368 2269684 2269684 313181 313181 3072896 2770756 237272 64868 999971 746873 121826 131272 4537694 4537694 9072806 9072806 1291970 621008 670962 OTHER FEES AND PERMITS 8957358 6098041 2599913 259404 UTILITIES 4161187 4042974 108939 9274 ROOM AND BOARD 3809667 3809667 SOFTWARE AND SMALL EQUI 3591023 2524688 1034162 32173 12621174 11949082 420674 251418 189131516 173108741 12962153 3060622 48702863 80629005 10616925 7099837 4760112 3543935 14994318 14399802 1687156 2144013 279363927 91200277 190397094 188163650 39915864 43043440 7138529 7110423 318212861 346134105 15871314 15085181 2311345 1217732 12536874 16578227 103561579 99814646 1892225 1733082 10126294 10235109 146299631 144663977 X 132269461 159108001 14887590 16510484 24756179 25851643 171913230 201470128 318212861 346134105 X 31186443 -1515923 -113622 X X 0 1 X 1 1 1 X 14324496 17258908 15684584 21297100 17878899 86443987 14324496 17258908 15684584 21297100 17878899 86443987 5442969 81001018 1210958 804348 799812 968625 1052775 4836518 3298 5907 17220 26425 2744518 2611788 7640528 6965173 7026677 26988684 118295614 826697746 0.68470 0.68110 X SCHEDULE A, PART 1, LINE 7 THE BASIS OF THE UNIVERSITY OF NEW ENGLAND'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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 41224 1 200 0 0 41424 0 PART II-B, LINE 1: SUPPORT OF MAINERS FOR THE MARINE ECONOMY AND SEEKING EDUCATIONAL GRANT FUNDS. X 4 186.79 1 0 151567 X X X X 0 32598764 977060 821952 665887 33731889 30826134 280756 3230514 1738640 32598764 27113621 508404 3855754 651645 30826134 28493638 878151 -1416717 664288 177163 27113621 23369720 546191 5586895 968884 40284 28493638 0.06990 0.75130 0.17880 1 0 6617195 6617195 234441487 67106134 167335353 29665683 22239759 7425924 8639562 1854384 6785178 188163650 REFUNDABLE STUDENT LOAN PROGRAMS 9304945 ASSET RETIREMENT OBLIGATIONS 930164 10235109 X 181482733 -1515923 332598 -1183325 182666058 37651901 37651901 220317959 151925835 446220 446220 151479615 37651901 37651901 189131516 PART III, LINE 1A: THE POLICY OF NOT REPORTING WORKS OF ART IS REFLECTED IN THE FINANCIAL STATEMENTS. PART III, LINE 4: THE UNIVERSITY HOUSES THE MAINE WOMEN WRITER'S COLLECTION OF LITERATURE. IN ADDITION AN ART GALLERY IS LOCATED ON THE BIDDEFORD AND PORTLAND CAMPUSES THAT EXHIBIT PAINTING AND OTHER WORKS OF ART. THESE COLLECTIONS AND EXHIBITS FURTHER THE LIBERAL ARTS CURRICULUM AND SCHOLARLY ACTIVITIES. PART V, LINE 4: THE UNIVERSITY USES INCOME FROM ITS ENDOWMENT IN ACCORDANCE WITH THE DONORS' WISHES. MOST OF THE DONOR RESTRICTED INCOME IS FOR STUDENT SCHOLARSHIPS. IF THE DONOR MAKES NO RESTRICTIONS OR IF THE ENDOWMENT IS BOARD CREATED, THE INCOME IS USED FOR SCHOLARSHIPS AND/OR GENERAL USE. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE (CODE) SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. FASB ASC TOPIC 740, INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION OF TAX BENEFITS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ASC TOPIC 740 ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. BASED ON ITS ANALYSIS, THE UNIVERSITY HAS DETERMINED THAT THE ADOPTION OF ASC 740 DOES NOT HAVE A MATERIAL IMPACT TO ITS FINANCIAL STATEMENTS. HOWEVER, THE UNIVERSITY'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, FURTHER IMPLEMENTATION GUIDANCE EXPECTED FROM FASB AND ON-GOING ANALYSES OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL INCOME AND EXPENSES NETTED 317,188. FUND RAISING EXPENSES 15,410. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 37,651,901. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 317,188. FUND RAISING EXPENSE 15,410. LOSS ON REFUNDING OF BONDS 113,622. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 37,651,901. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PUBLICIZED IN EMPLOYMENT ADS, BROCHURES, CATALOGS, ETC. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES TITLE IV AND TITLE VII EDUCATIONAL ASSISTANCE FOR ITS STUDENTS. MIDDLE EAST AND NORTH AFRICA 1 18 PROGRAM SERVICES EDUCATION 1321526 MIDDLE EAST AND NORTH AFRICA 0 3 INVESTING MOROCCO CAMPUS FACILITIES AND CAPITAL IMPROVEMENTS 562964 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTING 6108339 1 21 0 0 1 21 7992829 0 7992829 1 0 1 0 0 0 GOLF TOURNAMEMT 19242 9554 9688 15410 19242 9554 9688 15410 15410 -5722 1 MAINERS FOR THE MARINE ECONOMY PO BOX 5307 AUGUSTA ME 04332 465612257 41224 MAINE BOND REFERENDUM POLITICAL ACTION COMMITTEE 1 0 SCHOLARSHIPS AND GRANTS TO STUDENTS ATTENDING THE UNIVERSITY 2536 37651901 FMV PART I, LINE 2: THE UNIVERSITY'S OFFICE OF STUDENT FINANCIAL SERVICES AWARDS ALL FEDERAL AND STATE FINANCIAL AID GRANTS IN ACCORDANCE WITH THE FEDERAL AND STATE REGULATIONS. DONOR RESTRICTED GRANTS ARE AWARDED IN ACCORDANCE WITH THE DONOR'S WISHES. X X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 DANIELLE RIPICH PHD PRESIDENT 541919 0 0 0 158088 0 20800 0 8067 0 728874 0 51168 0 NICOLE LABEE-TRUFANT CPA VP OF FINANCE & ADMINISTRATION 204160 0 0 0 5079 0 15625 0 4722 0 229586 0 0 0 JAMES KOELBL DDS MS MJ PROVOST 365416 0 0 0 9446 0 20800 0 21365 0 417027 0 0 0 DOUGLAS L WOOD DO PHD DEAN OF COLL OF OSTEO MED 406678 0 0 0 14702 0 20800 0 18834 0 461014 0 0 0 REBECCA J ROWE PHD ASSOC. DIR/PROFESSOR 309705 0 0 0 2072 0 20800 0 8857 0 341434 0 0 0 PETER B DANE DO ASSOCIATE DEAN 264451 0 0 0 728 0 20800 0 21327 0 307306 0 0 0 JAMES B HANLEY DMD DEAN OF COLL OF DENTAL MED 228965 0 0 0 797 0 18178 0 13117 0 261057 0 0 0 GAYLE A BRAZEAU PHD DEAN OF COLL OF PHARMACY 219896 0 0 0 979 0 17650 0 9022 0 247547 0 0 0 JOHN LWILLIAMS PHD MED FORMER PROVOST 144766 0 0 0 630 0 12074 0 21178 0 178648 0 0 0 PART I, LINE 1A SOCIAL CLUB DUES, WHOSE MEMBERS ARE BUSINESS LEADERS IN THE LOCAL COMMUNITY, FOR THE PRESIDENT. HOUSING RESIDENCE PROVIDED FOR CONVENIENCE OF THE UNIVERSITY, FOR THE PRESIDENT. GROSS UP PAYMENTS: * SOCIAL CLUB DUES FOR THE PRESIDENT * CELL PHONE ALLOWANCES FOR THE TOP FINANCIAL OFFICER AND TWO HIGHEST COMPENSATED EMPLOYEES. THE ALLOWANCE IS AVAILABLE TO ALL QUALIFIED UNIVERSITY EMPLOYEES. * NON-CASH RECOGNITION GIFTS FOR THE TOP FINANCIAL OFFICER, KEY EMPLOYEE AND THREE HIGHEST COMPENSATED EMPLOYEES. PART I, LINE 4B THE UNIVERSITY HAS A NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE PRESIDENT FOR WHICH THE UNIVERSITY DISBURSED $107,453 ENCOMPASSING THE TWO YEAR PERIOD ENDED MAY 31, 2014. A MHHEFA 010314384 560425B58 2006-04-06 9435000 AUTHORITY 2006B 0 0 0 B MHHEFA 010314384 560425G20 2006-09-07 12355000 AUTHORITY 2006F 0 0 0 C MHHEFA 010314384 560525Z78 2008-06-19 24605000 AUTHORITY 2008C 0 0 0 D MHHEFA 010314384 560427GE0 2010-11-17 28650000 AUTHORITY 2009A 0 0 0 A 1480000 9738078 602436 31487 8956312 147843 2006 0 0 1 1 B 1720000 12746890 825103 36389 11861554 188793 2006 0 0 0 1 C 2630000 24013353 1517200 222163 21407408 274382 2008 0 0 0 1 D 1680000 28778825 1920350 271900 25237306 162910 2009 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 0 0 1 FSA 30.000000000000 1 0 0 B 0 0 0 1 0 0 1 FSA 30.000000000000 1 0 0 C 0 0 0 1 0 0 0 GE FUNDING CAPITAL 30.000000000000 0 0 0 D 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 D 0 SCHEDULE K, PART I, BOND ISSUES- BOND A (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2006B, RESIDENCE HALL SCHEDULE K, PART I, BOND ISSUES - BOND B (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2006F, RESIDENCE HALL SCHEDULE K, PART I, BOND ISSUES - BOND C (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2008C, ACADEMIC BUILDINGS AND SCHOOL OF PHARMACY SCHEDULE K, PART I, BOND ISSUES - BOND D (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2009A, RESIDENCE HALL AND SYNTHETIC TURF FIELD SCHEDULE K, PART I, BOND ISSUES - BOND E (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2011C, REFINANCE 2001A AND 2001D SCHEDULE K, PART I, BOND ISSUES - BOND F (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2012A, REFINANCE 2002B SCHEDULE K, PART I, BOND ISSUES - BOND G (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2013A, REFINANCE 2003D SCHEDULE K, PART I, BOND ISSUES - BOND H (A) ISSUER NAME: MAINE HEALTH HIGHER EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: AUTHORITY 2014A, REFINANCE 2004A A MHHEFA 010314384 560427NM4 2011-11-30 23220000 AUTHORITY 2011C 0 0 0 B MHHEFA 010314384 560427EU4 2012-06-28 4340000 AUTHORITY 2012A 0 0 0 C MHHEFA 010314384 560427WV4 2013-05-23 6025000 AUTHORITY 2013A 0 0 0 D MHHEFA 010314384 560427Z58 2014-07-24 8895000 AUTHORITY 2014A 0 0 0 A 2815000 23518619 1739150 23916012 93965 146644 2001 0 0 0 1 B 295000 5265964 342425 4860880 41049 21610 2003 0 0 0 1 C 500000 8158252 758225 7353315 21873 23839 2003 0 0 0 1 D 11206617 1069023 10022142 61418 54034 2004 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 0 0 1 1 0 0 0 0 A 0 C 0 D 0 X 9 1914552 SALE OF STOCK X 1 69900 APPRAISED VALUE X DENTAL LAB EQUIPMENT 1 179900 FAIR VALUE X RESEARCH LAB EQUIPMENT 1 11810 FAIR VALUE 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO FILING, THE 990 IS REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE OF THE BOARD AND IS MADE AVAILABLE TO EACH MEMBER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST REPORT ON AN ANNUAL BASIS. THE REPORTS ARE REVIEWED BY THE LEGAL AFFAIRS/AUDIT COMMITTEE, WHO, IN TURN, COMMUNICATES ANY CONFLICTS TO THE FULL BOARD. SHOULD AN ISSUE ARISE IN WHICH A BOARD MEMBER OR KEY EMPLOYEE HAS A CONFLICT, THE INDIVIDUAL IS REQUIRED TO RECUSE THEMSELVES FROM ANY AND ALL ACTIVITIES RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY HIRED AN OUTSIDE CONSULTING FIRM AND CREATED A COMPENSATION COMMITTEE TO MAKE EVERY EFFORT TO ENSURE THAT THE PRESIDENT'S COMPENSATION IS REASONABLE, FAIR AND EQUITABLE. MINUTES ARE KEPT FOR THE COMPENSATION COMMITTEE MEETINGS. THE PRESIDENT'S COMPENSATION IS ALSO APPROVED BY THE FULL BOARD. THE PRESIDENT OF THE UNIVERSITY SETS SALARIES FOR KEY EXECUTIVES AND ANNUALLY REVIEWS INDEPENDENT SALARY DATA FROM SIMILAR INSTITUTIONS TO ENSURE THAT SALARIES AND WAGES ARE WITHIN THE APPROPRIATE RANGE. CONTEMPORANEOUS DOCUMENTATION OF THIS PROCESS IS MAINTAINED. FORM 990, PART VI, SECTION C, LINE 18 INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG. INFORMATION IS FORWARDED TO ANYONE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FINANCIALS ARE AVAILABLE IN THE LIBRARY OR ON THE WEB. THE WEBSITE IS WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: LOSS ON REFUNDING OF BONDS -113,622. FORM 990 PART XII, LINE 2C THE BOARD OF TRUSTEE LEGAL AFFAIRS AND AUDIT COMMITTEE ARE RESPONSIBLE FOR AUDIT OVERSIGHT INCLUDING SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. FORM 990 PAGE 2, PART III-ORGANIZATION'S MISSION-CONTINUED MISSION AND CORE VALUES STATEMENT: CORE VALUES STATEMENT THE UNIVERSITY OF NEW ENGLAND VALUES STUDENT-CENTERED, MULTI-DISCIPLINARY AND INTERDISCIPLINARY PROGRAMS THAT MEET THE HIGHEST ETHICAL STANDARDS TO ACHIEVE EXCELLENCE IN SUPPORT OF AN INTEGRATIVE APPROACH TO THE LIBERAL ARTS, HEALTH AND THE ENVIRONMENT, AS WELL AS SCHOLARSHIP AND RESEARCH. STUDENT CENTERED *PERSONAL CONTACT WITH COMMUNITY *GENUINE PERSONAL RELATIONSHIPS *EXPERIENTIAL LEARNING *LIFE-LONG LEARNING EXCELLENCE AND INNOVATION *QUALITY ACADEMICS *RESPECT FOR NEW IDEAS *CRITICAL THINKING *ENTREPRENEURIAL *AGILITY AND FLEXIBILITY INTERDISCIPLINARY *INTEGRATION *SEEK CONNECTIONS ACROSS DISCIPLINES INTEGRITY AND ETHICAL BEHAVIOR *HONESTY, RESPECT, TRUST *ACADEMIC FREEDOM GLOBAL COMMUNITY & DIVERSITY *EMBRACE & LEARN FROM DIVERSITY *SERVICE & CIVIC ENGAGEMENT *SOCIAL JUSTICE *NON-DISCRIMINATORY HEALTH AND WELLNESS *WHOLE PERSON WELLNESS *OSTEOPATHIC HEALING *INTEGRATIVE HEALTH CARE ENVIRONMENTAL STEWARDSHIP *HEALTHY ENVIRONMENTS *SUSTAINABILITY SCHOLARSHIP AND RESEARCH *CREATE NEW KNOWLEDGE *COLLABORATION