2015-05-06T13:55:33-05:00 2014-06-30 010523282 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2013-07-01 020222120 Colby-Sawyer College COLB 6035263000 541 Main Street New London NH 03257 Todd Emmons Treasurer 6035263000 2015-04-22 1 Barbara J McGuan CPA P00219457 2077752387 2015-04-22 2013 2016-02-25 16:41:14Z Thomas Galligan 541 Main Street New London NH 03257 83701041 0 X www.colby-sawyer.edu X 1837 NH Institute of Higher Learning 23 23 915 60 473841 0 4725060 4669920 64780853 66919367 1445192 744568 0 0 70951105 72333855 33182566 36636807 0 0 19577748 18176848 22480 30275 1191578 15594882 18175085 68377676 73019015 2573429 -685160 96603461 101032483 38214611 37442190 58388850 63590293 X Colby-Sawyer College is a private, independent, undergraduate college offering educational programs based in the liberal arts and sciences and designed to prepare students for their professions and lives of ongoing learning. Faculty, staff and students strive for excellence in the College's engaged teaching and learning community to foster students' academic, intellectual, and personal growth. The College prepares students to thrive in, and make a positive impact upon, a dynamic, diverse, and interdependent world. Colby-Sawyer College was founded as an academy in 1837 and has been engaged in higher education since 1928. 0 0 62255109 36636807 66919367 Colby-Sawyer College, founded in 1837, is an independent, four-year, residential, coeducational college. It serves over 1,400 students, representing 22 states and 29 foreign countries. The college has a gross annual budget of $69.7 million, and an endowment of $39 million. There is a 14 to 1 student/faculty ratio, and average class size is 19. It has 24 liberal arts and pre-professional majors, 23 minor programs and 1 associate degree program. Its 31 buildings are located on 200 acres in New London NH. In the last 20 years, Colby-Sawyer has grown from 429 students to 1,415. It has completed more than $60 million in new construction and renovation including:1. Academic Facilities a. Mercer Hall (classrooms) b. Ivey Science Center (classrooms and laboratories) c. Baker Communication Center (classrooms, radio station, video studio) d. Harrington Career Development Center e. Frances Lockwood Bailey Graphic Design Studio (graphics classrooms) f. Windy Hill Lab School g. Susan Colgate Cleveland Library and Learning Center2. Five residence halls a. Rooke Hall b. Lawson Hall c. Danforth Hall d. Burpee Hall e. Abbey Hall3. Lethbridge Lodge (student lounge)4. Athletic Facilities a. Hogan Sports Center b. Kelsey Athletic Fields c. Mercer Field d. Sally Shaw Veitch Track and Field e. Kelsey Tennis Courts5. Ware Student CenterColby-Sawyer's primary accreditation is from the New England Association of Schools and Colleges (NEASC), through its Commission on Institutions of Higher Education. However, Colby-Sawyer is also accredited by the following:1. Commission on Accreditation of Athletic Training Education (CAATE)2. Commission on Collegiate Nursing Education (CCNE)3. New Hampshire Board of Nursing4. State of New Hampshire Board of Education 62255109 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 143 0 1 915 1 1 1 0 0 0 0 0 0 0 0 0 X 23 23 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X Karen Bonewald Controller 6035263000 541 Main Street New London NH 03257 David B Payne Trustee 2.00 X 0 0 0 Erik Edward Joh Trustee 2.00 X 0 0 0 Joan C Eliot Trustee 2.00 X 0 0 0 Karen C Eldred Executive Secretary 2.00 X X 0 0 0 Richard Dulude Past Trustee 2.00 X 0 0 0 Thomas C Csatari Chairman 2.00 X X 0 0 0 William E Gundy Trustee 2.00 X 0 0 0 William P Clough III Trustee 2.00 X 0 0 0 Christine B Ferraro Trustee 2.00 X 0 0 0 George Jamieson Trustee 2.00 X 0 0 0 Robin L Mead Trustee 2.00 X 0 0 0 William S Reed Vice Chairman 2.00 X X 0 0 0 Susan C Hassett Trustee 2.00 X 0 0 0 Susan DeBevoise Wright Trustee 2.00 X 0 0 0 Andrew S Pillsbury Past Trustee 2.00 X 0 0 0 Aubrey K Thomas Trustee 2.00 X 0 0 0 Sally S Veitch Trustee 2.00 X 0 0 0 Peter F Volanakis Trustee 2.00 X 0 0 0 William J Wilson Trustee 2.00 X 0 0 0 Pamela S Bright Trustee 2.00 X 0 0 0 Deborah L Coffin Trustee 2.00 X 0 0 0 John S Malanowski Trustee 2.00 X 0 0 0 Gretchen R Massey Trustee 2.00 X 0 0 0 Margaret V Mulley Trustee 2.00 X 0 0 0 Jonathan J Pappalardo Trustee 2.00 X 0 0 0 Todd Emmons VP Finance/Treasurer 40.00 X 132796 0 15421 Thomas C Galligan Jr President 40.00 X 290513 0 61366 Elizabeth Cahill VP Advancement 40.00 X 122183 0 5339 Douglas Atkins VP Administration 40.00 X 138092 0 19841 Deborah Taylor VP Academics/Dean of Facul 40.00 X 142318 0 16529 David Sauerwein VP Dean of Students 40.00 X 116136 0 5074 Kenneth Kochien Director of Information Resources 40.00 X 102552 0 5438 1044590 0 129008 8 0 1 0 Sodexo Services PO Box 81049 Woburn MA 018131049 Facilities/Dining Management 5481366 Heimlich Landscaping & Construction 65 Burlington Street Woburn MA 01801 Construction 2158637 Honeywell Building Solutions 12490 Collections Center Dr Chicago IL 60693 Energy Efficiency 977947 Wright Express Financial Services 33548 Treasury Center Chicago IL 606943500 Credit Card Solution 738949 Snow Building Construction 49 Newport Road New London NH 03257 Construction 286666 15 219965 4449955 400283 4669920 Tuition and Fees 611710 50748768 50748768 Auxiliary Enterprises 713940 15909630 15435789 473841 Other Student Revenue 611710 260969 260969 66919367 806565 806565 11305189 11367186 -61997 -61997 -61997 72333855 66445526 473841 744568 36636807 36636807 500096 500096 13836149 11590826 1485263 760060 487395 360672 116975 9748 2331037 1724967 559449 46621 1022171 756407 245321 20443 54100 54100 119937 119937 30275 30275 161323 161323 6616631 3991926 2513253 111452 38530 38530 1995034 1476325 478808 39901 2529079 1871518 606979 50582 152400 101214 7678 43508 16608 3826 12782 561974 561974 2256941 1670136 541666 45139 169675 169675 Miscellaneous 1969905 1193118 756797 19990 Other Student Services 1006143 378680 617719 9744 Sports 393642 393642 Dues & Subscriptions 133163 66515 62533 4115 73019015 62255109 9572328 1191578 99164 294663 312005 507485 2793991 2466333 2646156 140605 563768 556388 732225 868196 83177843 31010645 51412765 52167198 33208856 39731069 3109070 3539775 359502 347106 1365959 413665 96603461 101032483 3050786 2721383 1982514 1964898 26563107 26171308 3938513 4257042 2679691 2327559 38214611 37442190 X 20770193 20865080 14334584 18563572 23284073 24161641 58388850 63590293 96603461 101032483 X -685160 6213025 -326422 X 0 1 X 1 1 1 X 5963153 4852752 5643701 4725060 4669920 25854586 5963153 4852752 5643701 4725060 4669920 25854586 1784745 24069841 605451 696296 727520 593751 806565 3429583 29284169 281679292 0.82190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 Part II-B, Line 1: Colby-Sawyer College belongs to member organizations which may engage in lobbying activities. An unknown amount of such dues paid may pertain to lobbying activities. 9000 42050 X 0 32328000 1713323 6522194 1685336 38878181 29007566 345517 4532184 1557267 32328000 29566850 1536852 -885940 1210196 29007566 23159388 1788990 5728360 1109888 29566850 19119125 2308041 2763840 1031618 23159388 0.14360 0.59430 0.26210 0 0 2122223 2122223 60093805 31010645 29083160 15154461 15154461 5807354 5807354 52167198 U.S. Government Loan Advances 500257 Post-Retirement Benefits Liability 1103601 Annuity Obligations 723701 2327559 41754817 6213025 6067 6219092 35535725 161323 36636807 36798130 72333855 36553374 6067 326422 332489 36220885 161323 36636807 36798130 73019015 Part V, Line 4: The College's endowment consists of approximately 160 individual funds established for a variety of purposes. Approximately 60% of the endowment is restricted for scholarships. Other purposes include: endowed faculty chairs, building maintenance, faculty and staff development and student awards. The College's endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. Part XI, Line 4b - Other Adjustments: Scholarships 36,636,807. Part XII, Line 2d - Other Adjustments: Adjustment of Present Value Liability 12,453. Change in Value of Life Income Funds 313,969. Part XII, Line 4b - Other Adjustments: Scholarships 36,636,807. 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 nondiscrimination policy is published in the college catalogue, student handbook, and all recruiting documents. Schedule E, Part I, Line 6 Colby-Sawyer College receives Perkins loans and other government grant money. Europe (Including Iceland & Greenland) - 0 0 Investments 4997170 0 0 0 0 0 0 4997170 0 4997170 0 0 0 0 0 0 X 1 Ruffalo Cody PO Box 3018 Cedar Rapids IA 52406 Phone Solicitation for Fundraising 0 94015 30275 63740 94015 30275 63740 1 Federal SEOG Grant 377 837510 Consortium Grants 30 1119000 CSC Grant 1127 12086453 FMV Tuition Discounts CSC Housing Grant 27 205520 FMV Tuition Discounts CSC Scholarship 1239 21000813 FMV Tuition Discounts Endowed Scholarships 193 1195000 Restricted Scholarships 43 192511 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 1 1 X X X 0 0 0 0 0 0 0 0 0 Thomas C Galligan Jr President 283477 0 0 0 7036 0 11373 0 49993 0 351879 0 0 0 Douglas Atkins VP Administration 138092 0 0 0 0 0 5524 0 14317 0 157933 0 0 0 Deborah Taylor VP Academics/Dean of Facul 142318 0 0 0 0 0 5693 0 10836 0 158847 0 0 0 Part I, Line 1a The College provides a housing allowance for Thomas Galligan, the President of the Organization, as it is required that he lives on campus as a part of his employment. Additionally, the College provides gross-up payments for moving expenses to cover the FICA and Medicare taxes for relocating employees. A New Hampshire Health and Education Facilities Authority 020279866 2012-06-13 27000000 Refinancing of Previous Bonds & Capital Improvements 0 0 0 A 828692 27000000 371899 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 X 2 9000 College Policy X 15 387093 FMV X Campaign Feas 3 2882 FMV X Food & Event 10 1038 FMV 0 0 0 Form 990, Part VI, Section A, line 4 The Organization updated its By-Laws and made the following changes: - The Board of Trustees now must also include two "Winton-Black" Trustees who are alumni of the college and, normally, have graduated between three to nine years prior to election. - The Organization created two new Committees of the Board; the Human Resources Committee and Investment Committee. Form 990, Part VI, Section B, line 11 The secretary of the College places the completed 990 on the trustee file share drive on the College's computer network for the trustees to review. The audit committee, a permanent standing committee of the board of trustees, reviews the completed 990 and the College treasurer prepares a summary of the 990 that is reviewed with the entire board of trustees. Form 990, Part VI, Section B, line 12c All trustees submit a conflict of interest questionnaire annually. The questionnaires are reviewed by the secretary of the College and the College treasurer. Any conflicts would be referred to the audit committee, a permanent standing committee of the board of trustees, for review and any necessary action would be taken. Form 990, Part VI, Section B, line 15 Compensation at Colby-Sawyer is under the review of the human resources committee, a permanent standing committee of the board of trustees. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public through the Organization's webiste, upon request and through the employee handbook. Form 990, Part XI, line 9: Change in Value of Life Income Funds -313,969. Adjustment of Present Value Liability -12,453.