2013-05-13T08:37:17-07:00 2012-06-30 990 2011-07-01 020222182 SAINT ANSELM COLLEGE SAIN 6036417000 100 Saint Anselm Drive Manchester NH 03102 Harry E Dumay 6036417100 2013-05-15 2011 2016-02-25 16:41:14Z Harry E Dumay 100 Saint Anselm Drive Manchester NH 03102 124444888 0 X www.anselm.edu X 1889 NH To provide a Catholic, liberal arts education in the Benedictine tradition to undergraduate students who are capable of benefiting from such an education and who wish to be a part of a community that embodies Christian and Catholic principles. 37 37 1930 100 0 0 6425271 5485792 81336488 84328061 2765433 5707811 29809 -1919 90557001 95519745 27172465 29492356 0 0 32705894 33742774 0 0 2038945 27847239 29168727 87725598 92403857 2831403 3115888 223916475 218766582 76910936 83713676 147005539 135052906 To Provide a Catholic, liberal arts education in the Benedictine tradition to undergraduate students who are capable of benefiting from such an education and who wish to be a part of a community that embodies Christian and Catholic principles. 0 0 79791595 29492356 84328061 Educational Services - Saint Anselm 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 Association of Schools and Colleges. Approximately 1,900 students from approximately 24 states and 8 foreign countries attend the college. 0 0 0 79791595 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 194 0 1 1930 1 0 0 0 0 0 1 1 0 0 0 0 X 37 37 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X Harry E Dumay 6036417100 100 Saint Anselm Drive Manchester NH 03102 Right Rev Matthew K Leavy OSB 10 X 0 0 0 Right Rev Mark A Cooper OSB 10 X X 0 0 0 Bro Isaac T Murphy OSB 10 X X 0 0 0 Rev Peter J Guerin OSB 10 X X 0 0 0 Rev Jonathan P DeFelice OSB 40 X X 0 0 0 Mr Edward A Hjerpe 2 X X 0 0 0 Atty Charles W Pollard 2 X X 0 0 0 Ms Joanne Pietrini-Smith 1 X X 0 0 0 Hon Maurice L Arel 1 X 0 0 0 Mr Richard L Bready 1 X 0 0 0 Dr Marie Chabot-Fletcher 1 X 0 0 0 Mr Robert P Connor 1 X 0 0 0 Rev Jerome Day OSB 10 X 0 0 0 Mr Stephen J Ellis 1 X 0 0 0 Hon Dr William J Farrell 1 X 0 0 0 Mr Daniel T Flatley 1 X 0 0 0 Mr Roger L Jean 1 X 0 0 0 Mr Richard J Meelia 1 X 0 0 0 Mr Thomas A Melucci 1 X 0 0 0 Mr Charles F Rolecek 1 X 0 0 0 Mr Barry F X Smith 1 X 0 0 0 Rev William Sullivan OSB 40 X 0 0 0 Bro Andrew Thornton OSB 40 X 0 0 0 Dr Denise T Askin 1 X 0 0 0 Dr Timothy R Austin 1 X 0 0 0 Ann M Catino Esq 1 X 0 0 0 Mr Charles A Crowley 1 X 0 0 0 Mrs Geraldine H DeLuca 1 X 0 0 0 Mr Kevin J Gould 1 X 0 0 0 Msgr William P Fay 1 X 0 0 0 Mrs Dorothy R Musho 1 X 0 0 0 Mr Joseph E Sweeney 1 X 0 0 0 Jeannette M Davila 1 X 0 0 0 William P Kelly 1 X 0 0 0 Dr Joyce C Clifford 1 X 0 0 0 Thomas C Prendergast 1 X 0 0 0 Hon Mary Anne Behnke 1 X 0 0 0 Thomas P Flynn 1 X 0 0 0 Christine D Douville 1 X 0 0 0 Rev John R Fortin OSB 1 X 0 0 0 Michael J Riegel 1 X 0 0 0 Suzanne Mellon 40 X 195922 0 22532 James F Flanagan 40 X 175768 0 31860 Bradley Poznanski 40 X 127543 0 58268 Joseph M Horton 40 X 123459 0 44035 Arthur Kenison 40 X 121488 0 10860 Margaret Bourque 40 X 116465 0 10654 Patricia Shuster 40 X 115727 0 22042 976372 0 200251 10 0 1 0 Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 Services of monastic community 1358375 RAD Corporation 174 VFW Drive Rockland MA 02370 Electrical Substation 1110516 New Boston Mechanical Services LLC 149 McCurdy Road New Boston NH 03070 Fire sprinkler systems 275818 Ologie 447 E Main St Columbus OH 43215 Consulting 112066 Grant Thornton LLP 226 Causeway St 6th Fl Boston MA 02114 Audit 109058 5 0 0 13488 28000 1746983 3697321 157594 5485792 Student Tuition, Fees, Room & Board 611310 84328061 84328061 0 0 0 0 0 0 84328061 1835341 0 0 1835341 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29296734 3473793 26012935 2885122 3283799 588671 3872470 0 0 3872470 25167 13488 27086 -1919 0 -1919 0 95519745 84328061 0 5705892 0 0 29492356 29492356 0 0 0 0 384744 0 199875 184869 0 0 0 0 26263922 22494064 2893590 876268 1730356 1482050 190685 57621 3597994 3016720 444808 136466 1765758 1515805 177601 72352 0 0 0 0 77602 0 77602 0 303963 0 303963 0 75000 0 75000 0 0 0 343089 0 343089 0 529420 239164 187140 103116 86123 35964 50159 0 5278640 3584524 1354685 339431 1029086 700529 320559 7998 0 0 0 0 3382296 3048293 328957 5046 772471 590604 86696 95171 0 0 0 0 433087 286188 105941 40958 2078710 1816919 261791 0 0 0 0 0 4045740 3136943 895594 13203 563479 234605 328392 482 Dining Serv Cost of Goods Sold 5297003 5297003 0 0 Maintenance 1639164 1413307 221374 4483 Books and Periodicals 464421 436714 27707 0 Postage,and Rebates 179282 154277 0 25005 2590151 815566 1698109 76476 92403857 79791595 10573317 2038945 448157 418051 7136878 9543155 4554821 1803280 1237134 602239 0 0 0 0 6736275 6339746 736994 584652 1318160 1406893 144468900 58386363 84065970 86082537 74278961 58424363 30861689 45220440 0 0 12541436 8341226 223916475 218766582 4240867 4127382 0 0 1348184 1187315 59070000 57825000 0 0 0 0 0 0 3588180 3695614 8663705 16878365 76910936 83713676 X 94609616 86657785 26049172 21104522 26346751 27290599 147005539 135052906 223916475 218766582 X 3115888 -15068521 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 2500 0 1 75000 77500 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Payments are made to Joel Maiola (Granite Edge Consulting), located in Concord, NH. NH lobbyist registration #40754. Joel Maiola lobbies the New Hampshire legislature on behalf of the college in reqards to issues affecting higher education and budget appropriations. 0 0 X X X 0 83896106 6134914 -1879781 2630031 246855 0 85274353 68661499 738330 15740561 2540595 -1296311 0 83896106 61324447 1138626 8905771 2707345 0 0 68661499 77922118 1458957 -15154861 2883065 18702 0 61324447 0.602 0.272 0.126 0 0 0 11784169 11784169 0 100861360 35991432 64869928 0 0 0 0 0 29731990 22394931 7337059 0 2091381 0 2091381 86082537 0 F 0 F Equities 16554668 F Collective Trusts 7251372 F REIT's 5390922 F Flexible Capital 16023478 F 45220440 Interest rate swap agreements 14545535 Obligations under split-interest agreements 1659290 Other liabilities 673540 16878365 95519745 92403857 3115888 -6823420 0 0 0 -8245101 -15068521 -11952633 80108135 -6823420 0 0 -8245101 -15068521 95176656 343089 0 343089 95519745 92060768 0 0 0 0 0 92060768 343089 0 343089 92403857 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The college holds certain collections of works of art and furnishings. These collections are housed in a protected environment and are used for exhibitions 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 way. Accordingly, these collections are not capitalized or recorded for purposes of these financial statements. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The college holds certain collections of works of art and furnishings. These collections are housed in a protected environment and are used for exhibitions 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 way. Accordingly, these collections are not capitalized or recorded for purposes of these financial statements. SchD_P05_S00_L04 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 endowments and library endowments. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The college is a not-for-profit organization that is generally exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provisions for income taxes related to tax exempt activities is recorded in the financial statements. The college recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. There have been no material changes in unrecognized benefits during the years ended June 30, 2012 and 2011. It is the college's policy to record estimated interest and penalties (if any) as part of management and general expense. Management believes that the college's income tax returns for fiscal years ending prior to June 30, 2009 are no longer subject to examination by tax authorities in its major tax jurisdictions. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 The $-8,245,101 represents the college's unrealized loss on interest rate swaps. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Net unrealized loss on interest rate swap agreements $-8,245,101. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 As the college draws students throughout the Northeastern United States, it is impractical to solicit students via newspaper or broadcast media. Therefore, its racial nondiscriminatory policy is communicated through recruitment brochures and the college's website. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The college receives amounts for student financial assistance from the US Department of Education. It also receives various other grants from the US Department of Commerce and the US Department of Health and Human Services as well as the State of New Hampshire. Europe (including Iceland and Greenland) 0 3 Program Services Instruction 81871 Central America and the Caribbean 0 0 Investments 16021445 0 3 16103316 0 0 0 0 1 0 SchF_P01_S00_L03 Schedule F, Part I, Line 3 The expenditures were from Summer instruction in italy as part of the College's study abroad program. Golf Tournament 38655 13488 25167 625 8334 11455 5378 0 1294 0 0 38655 13488 25167 625 8334 11455 5378 0 1294 27086 -1919 1 Scholarships 1830 29492356 0 SchI_P01_S00_L02 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 0 0 0 0 0 0 0 0 0 Suzanne Mellon 195922 0 0 0 0 0 15795 0 6737 0 218454 0 0 0 James F Flanagan 175768 0 0 0 0 0 14790 0 17070 0 207628 0 0 0 Bradley Poznanski 127543 0 0 0 0 0 10935 0 47333 0 185811 0 0 0 Joseph M Horton 123459 0 0 0 0 0 10391 0 33644 0 167494 0 0 0 NH Health & Education Facilities Authority 020279866 644614YS2 2009-07-01 61415000 Current refunding of revenue bonds 0 0 0 NH Health & Education Facilities Authority 020279866 644614WJ4 2008-05-15 62215000 Refunding of previous issues and new projects 1 0 0 0 0 61415000 0 0 61415000 0 0 0 0 0 2009 1 0 1 1 800000 61415000 64259370 0 902977 48761361 595032 0 0 14000000 0 0 2012 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 Piper Jaffrey & Co 28.9 0 0 0 0 0 1 1 1 Piper Jaffrey & Co 28.9 0 0 0 0 0 SchK_P02_S00_L03 Schedule K, Part II, Line 3 -Column B: In addition to the $62,215,000 issue price, $2,044,370 was transferred from prior bond funds. SchK_P04_S00_L03a Schedule K, Part IV, Line 3a The interest rate swap agreements only apply to one of the two bond issues. They were originally part of the 2008 bond issue in column B which was subsequently defeased. X 11 100134 Fair Market Value X Sports Equipment 3 10031 Cost X Art,Books, Coins 3 7534 Fair Market Value X Event Related 60 39895 Cost 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The college uses two brokerage accounts in whick donated stocks are deposited. The brokerage firms are instructed to sell the stock as soon as practicable after receipt. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The college has members who are religious individuals in solemn vows. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The college's members elect four individuals to the governing board. F990_P06_S0A_L07b 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 organization. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by management of the college and is reviewed by tax advisors from a national accounting firm. The college then provides the final draft of the Form 990 to all members of the governing body once the Audit Committee has reviewed it and recommended approval. The Executive Committee then reviews it and votes their approval , once any questions or issues have been satisfactorily answered or resolved. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A written copy of the Conflict of Interest Policy is distributed annually to the members of the Governing Board and key employees who are asked to complete the form indicating they are in compliance with the policy and /or disclosing any potential conflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation process for top officials: The compensation amount for the CEO position is determined based on an analysis of compensation amounts for the same position in institutions of similar size and scope. Compensation process for officers: The compensation amount for key employees is determined based on an analysis fo compensation amounts for similar positions of institutions of similar size and scope and CUPA_HR. Compensation decisions and reports are contemporaneously documented in the minutes of the meeting of the Compensation Committee when the decisions are made. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The college makes its governing documents, conflict of interest policy and form 990 available to the public on its website (anselm.edu). F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized losses on investments not included in the Form 990 Part VIII - Statement of Revenue were $6,823,420. Also unrealized losses on interest rate swaps not included in the Form 990 Part VIII - Statement of Revenue were $8,245,101. Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 264322319 Monastery NH 501(c)(3) 1 N/A 0 Benedictine Fathers of the Priory 320 Portola Road Portola Valley CA 94028 941399274 High school CA 501(c)(3) 2 N/A 0 Perpetual Trust 2710 Centerville Road Suite 101 Wilmington DE 19808 207369760 Charitable Trust DE N/A T 1128682 0.75 CRUT 100 Saint Anselm Drive Manchester NH 03102 026063991 Charitable Trust NH N/A T 460011 0.7168 CRAT 100 Saint Anselm Drive Manchester NH 03102 026093918 Charitable Trust NH N/A T 132840 0.5904 CRUT 100 Saint Anselm Drive Manchester NH 03102 026102099 Charitable Trust NH N/A T 106812 0.5439 CRAT 100 Saint Anselm Drive Manchester NH 03102 566594484 Charitable Trust NH N/A T 31353 0.5048 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0