2012-05-04T13:03:49-05:00 2011-06-30 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2010-07-01 042103585 LASELL COLLEGE LASE 6172432101 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 MICHAEL J HOYLE PH D 6172432100 2012-04-23 1 JOSEPH M GISO MST 6177610600 2012-04-18 2010 2016-02-24 21:20:13Z MICHAEL B ALEXANDER 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 114588447 0 X WWW.LASELL.EDU X 1851 MA LASELL COLLEGE ENGAGES STUDENTS IN THE PRACTICE OF THEIR FIELDS OF STUDY THROUGH COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 23 22 1002 286 0 0 4382380 3223601 55111483 60202723 616422 1759909 58242 107040 60168527 65293273 17070143 18817134 0 0 19920394 21829063 73240 72640 1474165 18205799 19888001 55269576 60606838 4898951 4686435 97013671 117598183 55810822 67675982 41202849 49922201 X LASELL COLLEGE ENGAGES STUDENTS IN THE PRACTICE OF THEIR FIELDS OF STUDY THROUGH COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 0 0 51970347 18817134 58118929 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 2010-2011 SCHOOL YEAR: FALL 2010 SEMESTER: UNDERGRADUATE 1603 FULL-TIME, 27 PART-TIME; GRADUATE 36 FULL-TIME, 132 PART-TIME. SPRING 2011 SEMESTER: UNDERGRADUATE 1470 FULL-TIME, 34 PART-TIME; GRADUATE 36 FULL-TIME, 139 PART-TIME. OUR STUDENTS REPRESENT 26 STATES AND 15 FOREIGN COUNTRIES. 1136461 1979417 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. 14560 104377 PROVIDED FACILITIES FOR OTHER EDUCATIONAL ORGANIZATIONS TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE HOUSING TO STUDENTS. 53121368 1 1 0 1 0 0 0 0 1 1 0 1 1 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 1 1 0 0 0 0 1 0 0 0 0 1 88 0 1 1002 1 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X MICHAEL J HOYLE PH D VP FOR BU 6172432100 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 ERIC M TURNER 1.00 X 0 0 0 ROSEMARY B FUSS 1.00 X 0 0 0 MARISA L MASCARO 1.00 X 0 0 0 SUSAN HASS 1.00 X 0 0 0 ERIK J STAPPER 1.00 X 0 0 0 SALLY ANDREWS 1.00 X 0 0 0 RICHARD K BLANKSTEIN 1.00 X 0 0 0 RENA CLARK 1.00 X 0 0 0 GERRY DEROCHE 1.00 X 0 0 0 JOHN DORAN 1.00 X 0 0 0 SUSAN DUNNE 1.00 X 0 0 0 HELENA BENTZ HARTNETT 1.00 X 0 0 0 KATHLEEN HEGENBART 1.00 X 0 0 0 JOHN JACK F LEONARD 1.00 X 0 0 0 JOHN JACK MAGUIRE 1.00 X 0 0 0 DAVID MCINNIS 1.00 X 0 0 0 MARK MENDELL 1.00 X 0 0 0 SUSAN MORAN 1.00 X 0 0 0 ELLEN OFFNER 1.00 X 0 0 0 ELISSE ALLINSON SHARE 1.00 X 0 0 0 ADELAIDE SHAFFER VAN WINKLE 1.00 X 0 0 0 KATHRYN WEST 1.00 X 0 0 0 JUDITH B WITTENBERG 1.00 X 0 0 0 MICHAEL ALEXANDER 40.00 X 293388 0 35948 MICHAEL HOYLE 40.00 X 178409 0 21857 PAMELA FARIA 40.00 X 103453 0 14113 KATHLEEN O'CONNOR 40.00 X 191799 0 22164 JAMES OSTROW 40.00 X 166862 0 32232 PAULA PANCHUCK 40.00 X 170127 0 23266 RUTH SHUMAN 40.00 X 135056 0 19733 THOMAS KOERBER 40.00 X 128589 0 18224 1367683 0 187537 15 0 1 0 METRIC CONSTRUCTION CORP 55 HENSHAW ST BOSTON MA 02135 CONSTRUCTION SERVICES 5542957 SODEXO INC 9801 WASHINGTON BLVD GAITHERSBURG MD 20878 FOOD/HOUSEKEEPING SERVICES 3576369 D&S LANDSCAPING 498 PLEASANT ST WATERTOWN MA 02472 LANDSCAPE CONTRACTOR 483716 ECK MACNEELY ARCHITECTS INC 560 HARRISON AVE BOSTON MA 02118 ARCHITECTURAL SERVICES 412304 PERKINS EASTMAN ARCHITECTS PC 115 FIFTH AVE NEW YORK NY 10003 ARCHITECTURAL SERVICES 365754 11 502164 2721437 575090 3223601 TUITION & FEES 611310 41682167 41682167 ROOM & BOARD 611310 14387218 14387218 MGMT FEE/RENT FROM TAX 561499 1979417 1979417 CONNECTED LEARNING/ED. 611710 1426705 1426705 OTHER PROGRAM SERVICE 611710 727216 469106 258110 60202723 619525 619525 52235 20386 31849 31849 31849 50406856 49266472 1140384 1140384 1140384 33995 8316 25679 25679 MISCELLANEOUS INCOME 900099 27701 27701 ALUMNI EVENTS 900099 21811 21811 49512 65293273 59994125 0 2075547 18817134 18817134 684830 684830 17534750 13367747 3334067 832936 722601 555726 124512 42363 1627892 1193888 357757 76247 1258990 955152 246375 57463 167918 167918 94750 94750 30000 30000 72640 72640 67864 67864 925617 612015 304257 9345 283341 271180 12061 100 1670212 1011655 537243 121314 605627 189908 400924 14795 4196288 184699 4011589 675604 519541 125333 30730 45364 33240 9930 2194 2193353 2145999 43007 4347 3359560 2934363 381199 43998 260419 11435 248984 CAFETERIA FOOD SERVICE 2359458 2359458 LOSS/EARLY RETIREMENT D 569990 569990 ANNUITY PAYMENTS 328396 328396 ALLOCATION OF OPERATION 0 6153540 -6208287 54747 2054240 1804688 138606 110946 60606838 53121368 6011305 1474165 25566 14455 8297632 4888151 2144970 2687780 189366 466536 471621 535049 96796593 31737507 58453696 65059086 1564803 37419288 22630948 2574520 477177 471390 2757892 3481928 97013671 117598183 3262154 4032410 3699458 3713992 39132800 54268244 2805687 6910723 5661336 55810822 67675982 X 29997343 37208622 3917702 5264620 7287804 7448959 41202849 49922201 97013671 117598183 X 4686435 4032917 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 30000 30000 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: LASELL COLLEGE EMPLOYED A LOBBYIST TO SEEK OUT AND OBTAIN GRANT MONEY FOR THE COLLEGE. 22588164 787496 4278026 76475 853195 196577 26527439 20479228 487140 2713194 48683 831420 211295 22588164 24891168 851858 -4244603 46530 753961 218704 20479228 0.63160 0.28040 0.08800 0 0 1235226 1235226 76392242 25453091 50939151 7809613 5857353 1952260 1598733 9760779 427063 10932449 65059086 NEW YORK CO. LIFE INSURANCE POLICY 40565 F SEI - OFFSHORE OPPORTUNITY FUND 1005947 F SEI - SPECIAL SITUATIONS FUND 1528008 F 2574520 BENEFICIAL INTERESTS IN TRUSTS 2461533 DEBT ISSUANCE COSTS, NET 1020395 3481928 FAIR MARKET VALUE INTEREST RATE SWAPS 3860586 REFUNDABLE ADVANCES - PERKINS LOAN PROGRAM 329248 CONDITIONAL ASSET RETIREMENT OBLIGATION 76000 ANNUITY OBLIGATIONS 1395502 5661336 65293273 60606838 4686435 2239642 1793275 4032917 8719352 50280295 2239642 1813661 4053303 46226992 67864 18998417 19066281 65293273 41560943 20386 20386 41540557 67864 18998417 19066281 60606838 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITION DOES 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 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 1,236,965. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 152,569. CHANGE IN VALUE OF BENEFICIAL INTERESTS 403,741. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 1,236,965. RENTAL EXPENSES INCLUDED ON PART VIII, LINE 4B 20,386. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 152,569. CHANGE IN VALUE OF BENEFICIAL INTERESTS 403,741. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 18,405,251. ANNUITY PAYMENTS 328,396. REALIZED LOSS ON RETIREMENT OF DEBT 214,609. OTHER EXPENSE 20,751. AUXILIARY ENTERPRISE DISCOUNTS 29,410. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII, LINE 4B 20,386. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 18,405,251. AUXILIARY ENTERPRISE DISCOUNTS 29,410. ANNUITY PAYMENTS 328,396. REALIZED LOSS ON RETIREMENT OF DEBT 214,609. OTHER EXPENSE 20,751. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 THE WAYLAND GROUP 323 BOSTON POST ROAD SUDBURY MA 01776 FUNDRAISING COUNSEL 0 0 72640 0 72640 MA NONE OVER $5K 1 SEOG GRANTS 98 146873 MASSACHUSETTS GILBERT GRANTS 121 235600 LASELL SCHOLARSHIPS AND OTHER FINANCIAL AID AWARDS 1625 18146869 SCHOLARSHIPS FROM RESTRICTED GIFTS 4 20000 LASELL SIBLING DISCOUNTS 30 49510 LASELL TUITION EXCHANGE DISCOUNTS 9 182800 LASELL STUDY GROUP DISCOUNTS 9 35482 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 0 0 0 0 0 1 0 MICHAEL ALEXANDER 270319 0 12250 0 10819 0 18375 0 17573 0 329336 0 0 0 MICHAEL HOYLE 165855 0 10000 0 2554 0 12750 0 9107 0 200266 0 0 0 KATHLEEN O'CONNOR 181283 0 10000 0 516 0 13840 0 8324 0 213963 0 0 0 JAMES OSTROW 156586 0 10000 0 276 0 12475 0 19757 0 199094 0 0 0 PAULA PANCHUCK 153623 0 15000 0 1504 0 11995 0 11271 0 193393 0 0 0 RUTH SHUMAN 131780 0 3000 0 276 0 10228 0 9505 0 154789 0 0 0 PART I, LINE 1A THE COLLEGE PROVIDED NON-TAXABLE HOUSING TO THE ASSISTANT CLERK/EXECUTIVE ASSISTANT TO THE PRESIDENT AS PART OF HER COMPENSATION. PART I, LINE 7 AS DETAILED ON SCHEDULE J, PART II, BONUSES WERE AWARDED TO CERTAIN EMPLOYEES DURING THE YEAR. A BONUS WAS AWARDED TO THE PRESIDENT OF THE COLLEGE AT THE RECOMMENDATION OF THE EXECUTIVE COMPENSATION COMMITTEE AND UPON THE APPROVAL OF THE BOARD OF TRUSTEES. BONUSES TO ALL OTHER PERSONS WERE AWARDED AT THE DISCRETION OF THE PRESIDENT OF THE COLLEGE. MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RZC2 2008-08-07 14665000 CONSTRUCTION OF RESIDENCE HALL & EXISTING PROJECTS 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RGS8 2006-09-28 6400000 ADVANCE REFUND OF PRIOR ISSUE 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RGS8 2006-09-28 12070000 CONSTRUCTION OF RESIDENCE HALL & EXISTING PROJECTS 0 0 0 MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583UCZ9 2011-05-25 24589453 REFUND PRIOR ISSUE AND NEW CONSTRUCTION 0 0 0 14665000 283720 69657 14311623 2008 0 0 1 1 6400000 6204550 123645 17921 53884 2006 0 1 1 1 12070000 2600000 394538 9075462 2006 1 0 1 1 24589453 1959213 382372 22247868 2011 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 1 RBS CITIZENS 29.000000000000 0 0 0 0 0 0 1 1 RBS CITIZENS 20.000000000000 0 0 0 0 0 0 1 1 RBS CITIZENS 30.000000000000 0 0 0 0 0 0 0 0 0 0 0 MAGUIRE ASSOCIATES INC ENTITY OWNED BY JOHN MAGUIRE, TRUSTEE 120000 CONSULTING AGREEMENT 0 X 19 485931 FAIR MARKET VALUE X EQUIPMENT 2 89159 RETAIL PRICE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 A MEETING OF THE FINANCE 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 THE INSTITUTION ARE AVAILABLE ON THE INSTITUTION'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 MASSCHUSETTS ATTORNEY GENERAL'S WEBSITE AND WWW.GUIDESTAR.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,239,642. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 1,236,965. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 152,569. CHANGE IN VALUE OF BENEFICIAL INTERESTS 403,741. TOTAL TO FORM 990, PART XI, LINE 5: 4,032,917. DOES THE ENTITY HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT? FORM 990, PAGE 11, PART XII: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS HAS NOT CHANGED FROM THE PRIOR YEAR. LASELL VILLAGE 120 SEMINARY AVE AUBURNDALE MA 02466 223042122 RESIDENTIAL CARE MA 501(C)(3) LINE 9 N/A 0 LASELL INC 1844 COMMONWEALTH AVE NEWTON MA 024662716 861070319 ADMINISTRATIVE SUPPORT MA 501(C)(3) LINE 11B, II N/A 0 CRAT 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 911900462 INVESTMENTS MA N/A T 29979 1.00000 CRUT 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 046860762 INVESTMENTS MA N/A T 179460 1.00000 CRAT 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 256613392 INVESTMENTS MA N/A T 84718 1.00000 CRAT 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 256638195 INVESTMENTS MA N/A T 92078 1.00000 CRUT -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 174479 1.00000 CRUT -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 318035 1.00000 TRUST -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 580846 1.00000 TRUST -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 916014 1.00000 TRUST -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 293933 0.50000 CRUT -TAX ID NOT AVAILABLE 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 999999999 INVESTMENTS MA N/A T 154896 0.50000 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 LASELL VILLAGE INC I 207509 BOOK AMOUNT LASELL VILLAGE INC K 1755704 BOOK AMOUNT LASELL VILLAGE INC N 17873 BOOK AMOUNT