2024-05-10T12:05:28-05:00 2023-06-30 PwC US Tax LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2022-07-01 020274509 SOUTHERN NEW HAMPSHIRE UNIVERSITY % LISA HEFFERNAN SOUT 6036269100 2500 NORTH RIVER ROAD MANCHESTER NH 031061045 KENNETH LEE CFO 6036269100 2024-05-10 true KENNETH LEE 999009999 PAUL TANIS P01441612 6175305000 2024-05-10 2 2022 2023-04-26 12:10:37Z PAUL J LEBLANC 2500 NORTH RIVER ROAD MANCHESTER NH 031061045 1455817269 false X WWW.SNHU.EDU X 1932 NH SEE SCHEDULE O 15 14 14656 14 -44350 0 100335334 14209877 1173867912 1308622898 12172240 37914100 8779276 10285805 1295154762 1371032680 61870046 82541686 0 0 560257886 643632203 0 0 1545626 548311167 535814919 1170439099 1261988808 124715663 109043872 1487711074 1626966221 420613194 440595130 1067097880 1186371091 X SEE SCHEDULE O false false 938314434 82541686 1318636035 SEE SCHEDULE O 938314434 true true false true false false false true false true true true false false true true false true true true true true true false false false false true true true true true false false false false false false false true false true false false false true true true true false false true 256866 0 true 14656 true true true false false false false true true false false false false true false X 15 14 false false true false false false false true true false false true true true true true false true true true true AK AZ DE IN LA MD MA MI NH NY VT WA X LISA HEFFERNAN 6036269100 2500 NORTH RIVER ROAD MANCHESTER NH 03106 X Dr Paul J LeBlanc President/CEO 40.0 2.0 X X 1466779 0 119912 Amelia Manning Chief Operating Officer 40.0 0.0 X 737157 0 70282 Kirk Kolenbrander EVP, College of Engineering 40.0 0.0 X 584724 0 58382 Alana Burns Chief Marketing Officer 40.0 0.0 X 510315 0 78331 Danielle Stanton EVP & Chief People Officer 40.0 0.0 X 457631 0 75782 Kenneth Lee Treasurer & CFO 40.0 2.0 X 457673 0 74282 Susan Nathan Chief Experience Officer 40.0 0.0 X 460810 0 49887 John Jibilian Executive VP - ITS (Outgoing) 40.0 0.0 X 461458 0 38468 William Willard Chief Product Officer 40.0 0.0 X 441625 0 57057 Donald Brezinski EVP, Campus Admin 40.0 0.0 X 393716 0 53282 R Yvette Clark SVP, Gen. 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Sec. 40.0 2.0 X 371248 0 68788 Libby May EVP Chief External Affairs 40.0 0.0 X 350267 0 55387 Adrian Haugabrook EVP & MD Social Impact Collect 40.0 0.0 X 325604 0 57255 Yves Salomon-Fernandez SVP Planning 40.0 0.0 X 314399 0 41157 Lisa Heffernan Assistant Treasurer 40.0 0.0 X 228187 0 78457 Lisa Marsh Ryerson EVP & Provost 40.0 0.0 X 270344 0 31596 Howard Brodsky Trustee 1.0 1.0 X 0 0 0 Lisa M Guertin Trustee 1.0 1.0 X 0 0 0 Winnie Lerner Trustee/Chairman 1.0 1.0 X X 0 0 0 Maribel Duran Trustee/Secretary 1.0 1.0 X 0 0 0 Matt Greenfield Trustee 1.0 1.0 X 0 0 0 Ralph Richard Banks Trustee 1.0 1.0 X 0 0 0 Dr MaryEllen C McGuire Trustee 1.0 1.0 X 0 0 0 Janiece Y Evans-Page Trustee 1.0 1.0 X 0 0 0 Melanie Whelan Trustee 1.0 1.0 X 0 0 0 Grady R Burnett Trustee 1.0 1.0 X 0 0 0 Diane Tryneski Trustee 1.0 1.0 X 0 0 0 William Nash Jr Trustee 1.0 0.0 X 0 0 0 LUIS ARTURO LOPEZ Trustee (INCOMING) 1.0 1.0 X 0 0 0 DR SONJA BROOKINS SANTELISES Trustee (INCOMING) 1.0 1.0 X 0 0 0 7831937 0 1008305 539 false true false XXVI HOLDINGS INC DBA GOOGLE LLC 1600 AMPITHEATRE PARKWAY MOUNTAIN VIEW CA 94043 ADVERTISING 65983236 ACCENTURE LLP 1255 TREAT BOULEVARD SUITE 250 WALNUT CREEK CA 94597 CONSULTING SVCS 24024725 DELOITTE CONSULTING LLP 4022 SELLS DRIVE HERMITAGE TN 37076 CONSULTING SVCS 12579345 HE HOLDINGS LLC DBA RED VENTURES ED 1423 RED VENTURES DR FORT MILL SC 29707 ADVERTISING 11959997 VIACOM INTERNATIONAL INC 1515 BROADWAY NEW YORK NY 10010 ADVERTISING 8622700 335 9338902 4870975 53625 14209877 TUITION AND STUDENT FEES 611310 1286624380 1286624380 RESIDENCE AND DINING 611710 18953614 18953614 OTHER AUXILIARY ENTERPRISES 611710 3044904 3044904 1308622898 33885131 -44350 33929481 0 0 0 0 1219752 947084 272668 0 272668 272668 87489383 377091 83631959 205546 3857424 171545 4028969 4028969 0 0 0 0 0 0 0 0 0 BAD DEBT RECOVERY 611710 6406217 6406217 STUDENT INSURANCE 611710 1036739 1036739 PERKINS REVENUE & CLOSEOUTS 611710 102190 102190 2467991 2467991 10013137 1371032680 1318636035 -44350 38231118 20293964 20293964 60552672 60552672 1695050 1695050 0 7207571 4710366 2497205 15950 15950 479854147 387666278 90951385 1236484 24934398 20178836 4691892 63670 92165459 74588319 17577140 39454678 31834875 7529793 90010 0 1105263 1105263 372338 372338 0 0 6289758 6289758 91569785 44022906 47527218 19661 195431771 192560250 2866958 4563 17278065 12946955 4232703 98407 76073900 41542590 34531073 237 0 10238780 423991 9814395 394 6922984 4877066 2019234 26684 0 1439438 690527 748299 612 10207226 8275508 1931718 0 25588460 21003868 4584592 2973042 1313765 1659277 BAD DEBT 66486944 66486944 STUDENT AID 5295667 5295667 CREDIT CARD FEES 4560280 53354 4506926 LIBRARY DATABASES 3362035 3362035 10619183 409642 10204637 4904 1261988808 938314434 322128748 1545626 121206644 30923570 245868277 360868942 132140294 104254506 44127434 49666148 0 0 0 0 336596 148222 4561 1777 24075722 15297512 624967830 184162212 365525956 440805618 153028563 159646426 340940826 409435547 0 0 4137188 1280000 56319013 54637953 1487711074 1626966221 135414977 222567683 556200 199155 43332081 22054123 181775721 179784276 0 0 0 0 0 0 0 0 59534215 15989893 420613194 440595130 X 1007793577 1125369652 59304303 61001439 1067097880 1186371091 1487711074 1626966221 X 109043872 -32565023 42794362 X false true X true true true X 14021685 13921102 31464367 100335334 14209877 173952365 0 0 14021685 13921102 31464367 100335334 14209877 173952365 0 173952365 10693917 7271466 -8258135 -3050159 35104883 41761972 0 0 215714337 5389419644 0.80640 0.93590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 1788 false false 1788 false false Sch C, Part II-B University staff participated in joint meetings with higher education institutions from the New England region and the Congressional Committee staff, discussing competency based education and SNAP (supplemental Nutrition Assistance Program). 0 221151 X false 54413950 2184756 3928252 1663978 288002 0 58574978 57110079 2466060 -3720837 1431782 9570 54413950 42185446 1858155 14354877 1266619 21780 57110079 39055520 3314418 975060 1109963 49589 42185446 35067286 3461903 1568215 993111 48773 39055520 0.02700 0.68850 0.28450 false false 13022020 13022020 416509516 99568671 316940845 1485489 1485489 0 93992102 72449995 21542107 99958703 10658057 89300646 440805618 ALTERNATIVE INVESTMENTS 407155826 F DEPOSITS WITH TRUSTEE 2279721 F 409435547 0 STUDENT DEPOSIT & AGENCY FUND 374565 OPERATING/FINANCE LEASE OBLIG. 15615328 15989893 X SCHEDULE D, PART III, LINE 4: THE UNIVERSITY MAINTAINS AN ART COLLECTION THAT PROVIDES A SOURCE OF ENJOYMENT, ENLIGHTENMENT, AND BEAUTY FOR ALL WHO VISIT CAMPUS. SCHEDULE D, PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT PROVIDES SCHOLARSHIPS TO STUDENTS AS WELL AS SUPPORT FOR ACADEMIC AND STUDENT PROGRAMS. SCHEDULE D, PART X, LINE 2: THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER 501(A) OF THE IRC AND APPLICABLE STATE LAWS. THE UNIVERSITY BELIEVES IT HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 2: EXPLANATION OF STATEMENT OF NONDISCRIMINATION POLICY: SOUTHERN NEW HAMPSHIRE UNIVERSITY ("THE UNIVERSITY") INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY TOWARDS STUDENTS IN THE UNIVERSITY CATALOG AND ON THE UNIVERSITY'S WEBSITE ON ALL FINANCIAL AID AND SCHOLARSHIP RELATED PAGES. THE UNIVERSITY ALSO PUBLISHES THIS POLICY ANNUALLY IN A NATIONALLY DISTRIBUTED NEWSPAPER. SCHEDULE E, PART I, LINE 3: THE UNIVERSITY CUSTOMARILY DRAWS ITS STUDENTS NATIONWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. THE UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, AND NATIONAL OR ETHNIC ORIGIN. THIS POLICY IS DISCLOSED ON THE UNIVERSITY'S WEBSITE. SCHEDULE E, PART I, LINE 6: EXPLANATION OF GOVERNMENT FINANCIAL AID: THE UNIVERSITY RECEIVES TITLE IV FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION (INCLUDING FSEOG AND PELL GRANTS). true East Asia and the Pacific 0 12 Program Services CONSULTING/INSTRUCTION 238052 Central America and the Caribbean 0 0 Program Services CONSULTING/INSTRUCTION 15288 Europe (Including Iceland and Greenland) 0 3 Program Services STUDY ABROAD 45627 Europe (Including Iceland and Greenland) 0 24 Program Services CONSULTING/INSTRUCTION 1508763 Middle East and North Africa 0 5 Program Services CONSULTING/INSTRUCTION 8140374 North America 0 12 Program Services CONSULTING/INSTRUCTION 844718 South America 0 1 Program Services STUDY ABROAD 2900 South America 0 3 Program Services CONSULTING/INSTRUCTION 36842 South Asia 0 10 Program Services CONSULTING/INSTRUCTION 3024362 Sub-Saharan Africa 0 11 Program Services CONSULTING/INSTRUCTION 1554844 Sub-Saharan Africa 0 0 Program Services STUDENT SCHOLARSHIPS 1257550 Middle East and North Africa 0 0 Program Services STUDENT SCHOLARSHIPS 437500 Central America and the Caribbean 0 0 Investments 80280749 South America 0 0 Investments 1990 Europe (Including Iceland and Greenland) 0 0 Investments 1000949 North America 0 0 Investments 6284586 0 81 0 81 104675094 104675094 Scholarships - Sub-Saharan Africa Sub-Saharan Africa 326 1257550 SCHOLARSHIPS - MIDDLE EAST Middle East and North Africa 94 437500 true false true true true true STUDENT SCHOLARSHIPS SCHEDULE F, PART I, LINE 2 & PART III, LINE 1: THE UNIVERSITY PROVIDES SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS THROUGH THE OFFICE OF FINANCIAL AID. THE OFFICE OF FINANCIAL AID MONITORS THE APPROPRIATENESS OF THE AWARDS AND THESE AMOUNTS ARE APPLIED TO EACH STUDENT'S ACCOUNT. true Waypoint 464 Chestnut St PO Box 445 Manchester NH 03105 020222164 501(c)(3) 15000 GENERAL SUPPORT YWCA New Hampshire 72 Concord St Manchester NH 03101 020222254 501(c)(3) 60000 GENERAL SUPPORT City Year Inc 287 Columbus Avenue Boston MA 02116 222882549 501(c)(3) 20000 GENERAL SUPPORT Granite United Way 22 Concord St Manchester NH 03101 026006033 501(c)(3) 12500 GENERAL SUPPORT Greater Manchester Chamber of Commerce 54 Hanover St Manchester NH 03101 020161920 501(c)(6) 15000 General Support New Hampshire Business Committee for Arts 155 Dow Street Suite 402B Manchester NH 03101 020397596 501(c)(3) 10000 General Support NuDay PO Box 4521 Windham NH 03087 462041995 501(c)(3) 10000 General Support Office of Refugee and Immigrant Success 434 Lake Ave 2nd Floor Manchester NH 03103 760826598 501(c)(3) 23625 General Support Safari Youth Club 72 Concord St Manchester NH 03101 473306849 501(c)(3) 20000 General Support Spark The Dream 72 Concord Street Manchester NH 03101 800886210 501(c)(3) 10000 General Support Southern NH University Student Gov Assoc 2500 N River Rd Manchester NH 03101 020482745 501(c)(3) 10000 General Support Webster House 135 Webster St Manchster NH 03104 020223334 501(c)(3) 15000 General Support Impact Org Inc 2500 NORTH RIVER ROAD MANCHESTER NH 031061045 882441320 501(c)(3) 20000000 General Support 12 0 SCHOLARSHIPS 49481 60552672 SCHEDULE I, PART I, LINE 2: SCHEDULE I, PART II - THE UNIVERSITY IN ITS EFFORTS TO BE A RESPONSIVE, PRODUCTIVE MEMBER OF ITS LOCAL COMMUNITIES PROVIDES GRANTS AND DONATIONS TO NONPROFITS, SOCIAL SERVICE AGENCIES, AND INITIATIVES. THESE RESOURCES ARE AIMED TO ORGANIZATIONS WHOSE MISSIONS FOCUS ON EDUCATION, THE SERVICE OF MILITARY FAMILIES, ENVIRONMENTAL SUSTAINABILITY, AND PROVIDING ACCESS TO RESOURCES FOR MARGINALIZED COMMUNITIES. THE UNIVERSITY'S COMMUNITY RELATIONS STAFF MEETS WITH THESE LOCAL ORGANIZATIONS TO UNDERSTAND WHAT SUPPORT IS WARRANTED, AND THE APPROPRIATE SIZE OF THESE DISTRIBUTIONS. SCHEDULE I, PART III - THE UNIVERSITY PROVIDES SCHOLARSHIP ASSISTANCE TO QUALIFIED STUDENTS THROUGH THE OFFICE OF FINANCIAL AID. THE OFFICE OF FINANCIAL AID MONITORS THE APPROPRIATENESS OF THE AWARDS AND THESE AMOUNTS ARE APPLIED TO EACH STUDENT'S ACCOUNT. X X true true X X X X X true true false false false false false true false Dr Paul J LeBlanc President/CEO 942788 0 400000 0 123991 0 97500 0 22412 0 1586691 0 0 0 Kenneth Lee Treasurer & CFO 353983 0 100000 0 3690 0 45500 0 29282 0 532455 0 0 0 Lisa Heffernan Assistant Treasurer 204468 0 22300 0 1419 0 47500 0 30957 0 306644 0 0 0 R Yvette Clark SVP, Gen. Counsel & Asst. Sec. 306135 0 62000 0 3113 0 47500 0 21288 0 440036 0 0 0 Amelia Manning Chief Operating Officer 579398 0 156250 0 1509 0 41000 0 29282 0 807439 0 0 0 Alana Burns Chief Marketing Officer 381009 0 127000 0 2306 0 47374 0 30957 0 588646 0 0 0 John Jibilian Executive VP - ITS (Outgoing) 381151 0 78000 0 2307 0 7511 0 30957 0 499926 0 0 0 Susan Nathan Chief Experience Officer 355273 0 100000 0 5537 0 20800 0 29087 0 510697 0 0 0 Danielle Stanton EVP & Chief People Officer 341515 0 114100 0 2016 0 46500 0 29282 0 533413 0 0 0 William Willard Chief Product Officer 340574 0 97500 0 3551 0 26100 0 30957 0 498682 0 0 0 Adrian Haugabrook EVP & MD Social Impact Collect 283549 0 39000 0 3055 0 26100 0 31155 0 382859 0 0 0 Donald Brezinski EVP, Campus Admin 316322 0 74000 0 3394 0 24000 0 29282 0 446998 0 0 0 Lisa Marsh Ryerson EVP & Provost 257266 0 10000 0 3078 0 20500 0 11096 0 301940 0 0 0 Kirk Kolenbrander EVP, College of Engineering 174435 0 0 0 410289 0 47001 0 11381 0 643106 0 0 0 Libby May EVP Chief External Affairs 279330 0 70000 0 937 0 24508 0 30879 0 405654 0 0 0 Yves Salomon-Fernandez SVP Planning 257761 0 39750 0 16888 0 10200 0 30957 0 355556 0 0 0 SCHEDULE J, PART I, LINE 1A: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: ONE OFFICER WAS PROVIDED HOUSING AS PART OF HIS TAXABLE TOTAL COMPENSATION PACKAGE. PERSONAL SERVICES: THE UNIVERSITY PROVIDES CERTAIN PERSONAL SERVICES TO ONE OFFICER AS SPECIFIED IN THE OFFICER'S EMPLOYMENT AGREEMENT. THE ACTUAL OR ESTIMATED COSTS OF SUCH SERVICES WERE INCLUDED IN THE OFFICER'S TAXABLE INCOME. SCHEDULE J, PART I, LINE 1B: REIMBURSEMENTS ARE COVERED UNDER THE EMPLOYMENT CONTRACTS AND/OR THE UNIVERSITY'S TRAVEL AND BUSINESS EXPENSE POLICY. SCHEDULE J, PART I, LINE 4A: ONE INDIVIDUAL REPORTED IN PART VII, SECTION A, LINE 1A RECEIVED A SEVERANCE PAYMENT. KIRK KOLENBRANDER RECEIVED SEVERANCE IN THE AMOUNT OF $330,002. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(iii) FOR THE RESPECTIVE INDIVIDUAL. SCHEDULE J, PART I, LINE 4B: DURING CALENDAR YEAR 2022, THE PRESIDENT & CEO PARTICIPATED IN DEFERRED COMPENSATION PLAN. AMOUNTS CREDITED ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL VESTING IN 2025. SCHEDULE J, PART I, LINE 7: FOR OUTSTANDING SERVICE, CERTAIN INDIVIDUALS RECEIVED A BONUS, THE AMOUNTS OF WHICH ARE LISTED ON SCHEDULE J, PART II, COLUMN (B)(II). A NHHEFA SERIES 2014 020279866 000000000 2014-08-27 47279000 SEE PART VI false false false A 19254000 0 47288054 0 0 0 341912 0 0 15013940 32057569 0 2018 true true true true A false false false false 0.00000 0.00000 0.00000 false true 0.01441 true true A false false true true false 0 false 0 false true A true SCHEDULE K, PART I, COLUMN (C), BOND A: NHHEFA SERIES 2014 - BOND A IS PRIVATE PLACEMENT BOND AND IS NOT REQUIRED TO HAVE A CUSIP NUMBER. SCHEDULE K, PART I, COLUMN (F): (A) NHHEFA SERIES 2014 - ADVANCE REFUNDING OF BOND SERIES 2005, 2006, AND CURRENT REFUNDING OF BOND SERIES 2008 AND CONSTRUCTION PROJECTS. SCHEDULE K, PART II, LINE 3: (A) NHHEFA SERIES 2014 - THE ISSUE PRICE AND THE TOTAL PROCEEDS OF ISSUE REPORTED IN PART II, LINE 3 DIFFER BY INVESTMENT INCOME OF $9,054. SCHEDULE K, PART IV, COLUMN (A), LINE 2C: THE REBATE COMPUTATION WAS PERFORMED ON 9/12/2023 FOR THE 2014 BOND. Ronald Evans Father of Key Employee 15900 Employee adjunct faculty false X 1 53625 FMV false true false FORM 990, PART I, LINE 1 AND PART III, LINE 1: Southern New Hampshire University transforms the lives of students. Our success is defined by our students' success. By relentlessly challenging the status quo and providing the best support in higher education, Southern New Hampshire University expands access to education by creating high quality, affordable and innovative pathways to meet the unique needs of each and every student. FORM 990, PART III, LINE 4A: Instruction and Student Services: Southern New Hampshire University ("The University") is a private coeducational institution. Our degree-seeking student population consists of approximately 4,262 traditional undergraduate and graduate day students; 186,708 undergraduate and graduate distance education students; and 2,368 students in competency-based education programs. The University offers 56 certificate programs in a variety of fields. The University offers 14 Associate's degree programs in Accounting, Information Technologies, Education, Digital Photography, Fashion Merchandising, Healthcare Management, Liberal Arts, Criminal Justice, General Studies, Marketing, Business Administration, Computer Science, Cyber Security, Data Analytics and Marketing. Bachelor degrees are offered in 59 programs in Business, Education, Healthcare, Nursing, Mathematics, Information Technology, Computer Science, Liberal Arts, Social Science, Engineering, Air Traffic Management, Aviation Management, Construction Management, Biology, Physics, and many more. Master's degrees are offered in 41 programs in Business Administration, Accounting, Business Disciplines, Data Analytics, Cyber Security, Information Technology, Clinical Mental Health Counseling, Fine Arts, Education, Healthcare, Nursing, and several Liberal Arts disciplines. Doctoral degrees offered include an Ed.D and Ph.D in Educational Leadership, and 3 Ph.D programs in International Business. FORM 990, PART VI, SECTION A, LINE 1A: THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE BOARD CHAIR, PRESIDENT, SECRETARY (ONLY IF THE SECRETARY IS A TRUSTEE), TREASURER (ONLY IF THE TREASURER IS A TRUSTEE) AND CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT IN THE STEAD OF THE FULL BOARD BETWEEN MEETINGS IF NEEDED. THE EXECUTIVE COMMITTEE (OR OTHER DESIGNATED TRUSTEES) MAY ALSO REVIEW NEW TRUSTEES NOMINATED BY THE PRESIDENT PRIOR TO ELECTION BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 4: ON FEBRUARY 2, 2023, THE BYLAWS WERE AMENDED TO ADD THE FOLLOWING LANGUAGE: THE BOARD MAY, BY TWO-THIRDS VOTE, EXTEND THE TERM OF ANY TRUSTEE(S), AND/OR MODIFY THE CONSECUTIVE TERM LIMITED FOR ANY TRUSTEE(S) AT A SPECIAL MEETING CALLED FOR THAT PURPOSE, OR AT A REGULAR MEETING FOR WHICH WRITTEN NOTICE OF THE PROPROSED EXTENSION OF TERM(S) ACTION AS BEEN GIVEN. FORM 990, PART VI, SECTION B, LINE 11: THE DRAFT OF THE FORM 990 IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR THEIR REVIEW. AFTER ANY RECOMMENDED CHANGES, THE FORM 990 IS THEN MADE AVAILABLE TO ALL TRUSTEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C: IT IS THE POLICY OF THE UNIVERSITY THAT CONFLICTS OF INTEREST BETWEEN THE UNIVERSITY AND ITS TRUSTEES, OFFICERS AND EMPLOYEES BE AVOIDED AND THAT PECUNIARY BENEFIT TRANSACTIONS BE DISCLOSED AND APPROVED BY THE BOARD. THE UNIVERSITY FOLLOWS ALL STATUTORY REQUIREMENTS OF THE FEDERAL AND STATE LAWS WHICH APPLY TO THE UNIVERSITY, INCLUDING THE PROVISIONS OF RSA 7:19-A AS THE SAME MAY BE AMENDED FROM TIME TO TIME. ALL POTENTIAL CONFLICTS OR PECUNIARY BENEFIT TRANSACTIONS AS DEFINED BY SAID STATUTE SHALL BE REPORTED TO THE BOARD AND ACTED UPON BY IT AS REQUIRED BY LAW, AND NO PERSON SHALL VOTE OR BE PRESENT FOR THE ACTION BY THE BOARD IN RELATION TO ANY SUCH MATTER INVOLVING THAT PERSON. ADDITIONALLY, ANNUAL SURVEYS ARE CONDUCTED ABOUT ANY POTENTIAL CONFLICTS AND DISCLOSURES, AND, IF ANY ARISE, THEY ARE REVIEWED. FORM 990, PART VI, SECTION B, LINE 14: CERTAIN DEPARTMENTS HAVE DOCUMENT RETENTION AND DESTRUCTION POLICIES; HOWEVER, THE UNIVERSITY DOES NOT HAVE A COMPREHENSIVE POLICY THAT HAS BEEN APPROVED BY THE BOARD OR AN AUTHORIZED COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15: FOR FISCAL YEAR 2023, COMPENSATION OF THE PRESIDENT, OTHER OFFICERS (WITH THE EXCEPTION OF THE ASSISTANT TREASURER) AND THE KEY EMPLOYEES WAS SET BY AN INDEPENDENT COMMITTEE OF THE BOARD OF TRUSTEES AFTER REVIEWING COMPARABLE COMPENSATION INFORMATION. DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS WERE CONTEMPORANEOUSLY DOCUMENTED. THE COMPENSATION OF THE ASSISTANT TREASURER WAS SET USING THE STANDARD METHOD THE UNIVERSITY USES FOR OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18: THE UNIVERSITY MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19: THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ELIMINATION OF CONSOLIDATED SUBSIDIARY NET LOSS FROM OPERATIONS: 42,794,362 KENZIE ACADEMY SPV LLC 2500 NORTH RIVER ROAD MANCHESTER NH 03106 843151228 ISA ACTIVITY DE 0 30463 SNHU IMPACT ORG INC 2500 NORTH RIVER ROAD MANCHESTER NH 03106 882441320 EDUCATION NH 501(C)(3) 12B SNHU true THE URBAN COLLEGE OF BOSTON INC 2 Boylston Street Boston MA 02116 043403049 EDUCATION DE 501(C)(3) 2 IMPACT ORG true Rethink Education Seed LP 707 Westch Av White Plains NY 10604 Investments NY NA EXCLUDED UNDER 512 10082 4484739 false 0 false 0.66670 SPLIT INTEREST TRUSTS (2) SUPPORT NH SNHU TRUST true KenzieAcademy Administracao e Participa Avenida Paulista 352 - sala 77 Bela Vista So Paulo SP CEP BR 01310-905 ASSET MANAGEM BR SNHU C Corp 0 2092 1.00000 true false true false false false false false false false false false false false false false false false false false IMPACT ORG INC B 20000000 FMV