2021-05-17T08:48:53-05:00 2020-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2019-07-01 020274509 SOUTHERN NEW HAMPSHIRE UNIVERSITY % LISA HEFFERNAN SOUT 6036269100 2500 NORTH RIVER ROAD MANCHESTER NH 031061045 KENNETH LEE CFO 6036269100 2021-05-11 true PAUL TANIS P01441612 6175305000 2021-05-11 2019 2022-09-23 18:48:47Z PAUL J LEBLANC 2500 NORTH RIVER ROAD MANCHESTER NH 031061045 1415508945 false X WWW.SNHU.EDU X 1932 NH SEE SCHEDULE O 15 14 11202 15 -30711 -193140 14021685 13921102 883086187 963694704 11966283 13574571 4977163 5894585 914051318 997084962 76046030 85869706 0 0 370551274 428932667 0 0 2105748 321233814 357702891 767831118 872505264 146220200 124579698 1001701227 1123924384 365284759 366133933 636416468 757790451 X SEE SCHEDULE O false false 650277186 85869706 969171075 SEE SCHEDULE O 650277186 true true false false false false false true false true true true false false true true false true true true true false true false false false false true true true true true false false false false false false false true false false false false false false true true true false false true 163850 0 true 11202 true true true false false false false true true false false false false true false X 15 14 true false false false false false false true true false false true true true true true false true true false AK MD MA MI NH NY WA X LISA HEFFERNAN 6036269100 2500 NORTH RIVER ROAD MANCHESTER NH 03106 X Dr Paul J LeBlanc President/CEO 40.0 0.5 X X 1243881 0 45757 Amelia Manning Chief Operating Officer 40.0 0.0 X 652518 0 51778 Dr Gregory W Fowler Chief Academic Officer 40.0 0.0 X 416253 0 34621 Jamie James Chief Student Experience Off. 40.0 0.0 X 393171 0 43497 Thomas Dionisio '76 EVP, Tech. & Transformation 40.0 0.0 X 361888 0 45875 Alana Burns Chief Marketing Officer 40.0 0.0 X 347035 0 53817 David Coyner VP, Workforce Partnerships 40.0 0.0 X 357684 0 42212 Dr Patricia Lynott President, University College 40.0 0.0 X 342805 0 35376 Adrian Haugabrook EVP & Managing Dir., Horizons 40.0 0.0 X 324812 0 52468 Kenneth Lee Treasurer & CFO 40.0 0.0 X 311854 0 51583 Danielle Stanton EVP & Chief HR Officer 40.0 0.0 X 312562 0 50351 Dr William Wil Zemp EVP & Chief Strategy Officer 40.0 0.0 X 305718 0 52467 Donald Brezinski SVP & Chief of Staff 40.0 0.0 X 268927 0 48628 Elizabeth May SVP, Ext. 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Secretary 40.0 0.0 X 263787 0 41214 Susan Nathan Chief Experience Officer 40.0 0.0 X 263184 0 2064 James Kulesza Assistant Treasurer 40.0 0.0 X 169093 0 40528 Mark A Ouellette '77 Trustee/Chairman 1.0 0.0 X X 0 0 0 Howard Brodsky Trustee 1.0 0.0 X 0 0 0 Lisa Guertin Trustee 1.0 0.0 X 0 0 0 Andre Hawaux '92 Trustee 1.0 0.0 X 0 0 0 Winnie Lerner Trustee 1.0 0.5 X 0 0 0 Lisa Marsh Ryerson Trustee 1.0 0.0 X 0 0 0 Arthur W Sullivan Trustee 1.0 0.0 X 0 0 0 Edward Wolak '74 Trustee 1.0 0.0 X 0 0 0 Peter R Worrell Trustee (through Dec. 2019) 1.0 0.0 X 0 0 0 Maribel Duran Trustee/Secretary 1.0 0.0 X X 0 0 0 Matt Greenfield Trustee 1.0 0.0 X 0 0 0 Ralph Richard Banks Trustee 1.0 0.0 X 0 0 0 Dr MaryEllen C McGuire Trustee 1.0 0.0 X 0 0 0 Janice Evans-Page Trustee (as of Oct. 2019) 1.0 0.0 X 0 0 0 Melanie Whelan Trustee (as of Apr. 2020) 1.0 0.0 X 0 0 0 6597601 0 742495 375 true true false MEDIASSOCIATES INC 75 GLEN RD SANDY HOOK CT 06882 ADVERTISING 27357074 GOOGLE INC 1600 AMPITHEATRE PKWY MOUNTAIN VIEW CA 94043 ADVERTISING 17591404 SKANSKA USA BUILDING INC 101 SEAPORT BLVD STE 200 BOSTON MA 02210 CONSTRUCTION 24845445 CMNCOM LLC 1001 MCKINNEY ST STE 400 HOUSTON TX 77002 ADVERTISING 21894670 DELOITTE CONSULTING LLP 4022 SELLS DRIVE HERMITAGE TN 37076 CONSULTING 9800997 140 7480057 6441045 10110 13921102 TUITION AND STUDENT FEES 611310 944920938 944920938 RESIDENCE AND DINING 611710 17940443 17940443 OTHER AUXILIARY ENTERPRISES 611710 833323 833323 963694704 6108672 -30711 6139383 557210 557210 0 605584 187370 418214 0 418214 418214 424828670 316632 417825104 411509 7003566 -94877 6908689 6908689 0 0 0 0 0 0 0 0 0 BAD DEBT RECOVERY 611710 3542012 3542012 STUDENT INSURANCE 611710 909986 909986 PERKINS REVENUE & CLOSEOUTS 611710 82089 82089 942284 942284 5476371 997084962 969171075 -30711 14023496 483536 483536 82036695 82036695 3349475 3349475 0 4736314 2650866 2085448 114316 114316 323352800 259659818 62418639 1274343 15656347 12556628 3038028 61691 63806823 45976718 17414915 415190 21266067 19117162 2044194 104711 0 606481 606481 405451 405451 0 0 1686700 1686700 41585013 25784633 15792105 8275 144054446 135840209 8180764 33473 11061935 8338336 2601736 121863 42910189 5498775 37409363 2051 0 16193373 2554587 13638497 289 6484272 4387168 2026718 70386 0 1144156 650534 483088 10534 13156814 11057446 2099368 0 26681699 22768759 3912940 1692434 561419 1131015 BAD DEBT 39415128 39415128 FOOD AND BEVERAGE 3881713 3881713 LIBRARY DATABASES 2984383 2984383 CREDIT CARD FEES 3251742 1450 3247350 2942 506962 22560 484402 872505264 650277186 220122330 2105748 1350659 38389703 216010548 256022600 7099005 18719063 12877836 16346475 0 0 0 0 1271862 6604884 5579 3710 12313412 11014623 554495423 135341191 383247577 419154232 241581314 207308291 122239875 141270114 0 0 0 0 3703560 9090689 1001701227 1123924384 72680516 104206537 1721000 1147054 30123470 18434274 201739679 185641533 0 0 0 0 0 0 0 0 59020094 56704535 365284759 366133933 X 591501893 713097619 44914575 44692832 636416468 757790451 1001701227 1123924384 X 124579698 1332619 -4538334 X false true X true true true X 7817167 6621517 10549227 14021685 13921102 52930698 0 0 7817167 6621517 10549227 14021685 13921102 52930698 1289067 51641631 1071778 1473248 4997411 10693917 7271466 25507820 7574 66524 74098 0 78512616 2634856408 0.65775 0.65114 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 221151 X X false 39055520 3314418 975060 1109963 49589 42185446 35067286 3461903 1568215 993111 48773 39055520 29333198 4285951 2298986 807659 43190 35067286 23975222 3497448 3086720 1176803 49389 29333198 21811715 3960405 -1141166 599732 56000 23975222 0.02750 0.80420 0.16830 false false 12675352 12675352 373245066 62466936 310778130 23842463 16549366 7293097 76446403 48319703 28126700 68286139 8005186 60280953 419154232 ALTERNATIVE INVESTMENTS 136653372 F DEPOSITS WITH TRUSTEE 10479326 F INVESTMENT IN SUBSIDIARY -5862584 C 141270114 0 STUDENT DEPOSITS & AGENCY FUNDS 299533 CAPITAL LEASE OBLIGATIONS 56405002 56704535 X SCHEDULE D, PART III, LINE 4: THE UNIVERSITY MAINTAINS AN ART COLLECTION THAT SUPPORTS THE UNIVERSITY'S CURRICULA AND PROVIDES A SOURCE OF ENJOYMENT, ENLIGHTENMENT, AND BEAUTY FOR ALL WHO VISIT THE ART GALLERY AND CAMPUS. ARTISTIC WORKS FROM THE COLLECTION ARE ALSO AVAILABLE FOR LENDING TO OTHER INSTITUTIONS. 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. 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 Central America and the Caribbean Investments 37014518 East Asia and the Pacific 13 Program Services Consulting/Instruction 173369 East Asia and the Pacific 2 Program Services Study Abroad 44424 Europe (Including Iceland and Greenland) 31 Program Services Consulting/Instruction 621096 Europe (Including Iceland and Greenland) 7 Program Services Study Abroad 324440 Europe (Including Iceland and Greenland) Investments 2978063 Middle East and North Africa 7 Program Services Consulting/Instruction 499964 North America 14 Program Services Consulting/Instruction 492751 South America 1 Program Services Study Abroad 27760 South Asia 11 Program Services Consulting/Instruction 1231358 Sub-Saharan Africa 7 Program Services Consulting/Instruction 466754 Middle East and North Africa Program Services Student Scholarships 260000 Sub-Saharan Africa Program Services Student Scholarships 3089475 93 93 47223972 47223972 Student Scholarships - Africa Sub-Saharan Africa 802 3089475 Student Scholarships - Middle East Middle East and North Africa 66 260000 true false false false 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 Palace Theater Trust 80 Hanover St Manchester NH 03101 237356019 501(c)(3) 8800 General support City Year New Hampshire 848 Elm St Ste 201 Manchester NH 03101 222882549 501(c)(3) 10000 General Support YWCA NH 72 Concord St Manchester NH 03101 522096845 501(c)(3) 34832 General Support Bring It 112 Reservoir Ave Manchester NH 03104 824607284 501(c)(3) 7000 General support SHOFCO 175 Varick St 5th Floor New York NY 10014 271483201 501(c)(3) 25000 Support Education Nashua Police Athletic League 52 Ash St Nashua NH 03060 020427526 501(c)(3) 10000 Youth Athletics Destination Imagination 1111 South Union Ave Cherry Hill NJ 08002 222415554 501(c)(3) 6400 Support Education Catholic Medical Center 100 McGregor St Manchester NH 03102 020315693 501(c)(3) 10000 COVID-19 Relief Greater Chicago Food Depository 4100 W Ann Lurie Pl Chicago IL 60632 362971864 501(c)(3) 10000 COVID-19 Relief Youth On Their Own 1660 N Alverson Way Tucson AZ 85712 860644388 501(c)(3) 10000 COVID-19 Relief Granite United Way 117 Market St Manchester NH 03101 020222248 501(c)(3) 85000 COVID-19, Fuel Asst Town of Hooksett Fire and Rescue 15 Legends Dr Hooksett NH 03106 026000415 501(c)(3) 200000 Purchase Fire Truck Mayor Joyce Craig Inaugural Committee PO Box 3893 Manchester NH 03105 823569496 501(c)(4) 10000 General support Waypoint 464 Chestnut St Manchester NH 03105 020222164 501(c)(3) 8804 General support 13 1 Scholarships 35769 82036695 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 X true true X X X X X X true false false false false false false false false Dr Paul J LeBlanc President/CEO 807152 0 300000 0 136729 0 24750 0 21007 0 1289638 0 0 0 Dr Gregory W Fowler Chief Academic Officer 332861 0 63540 0 19852 0 24750 0 9871 0 450874 0 0 0 Dr Patricia Lynott President, University College 289172 0 31000 0 22633 0 24750 0 10626 0 378181 0 0 0 R Yvette Clark Gen. Counsel/ Asst. Secretary 222137 0 24000 0 17650 0 21600 0 19614 0 305001 0 0 0 Amelia Manning Chief Operating Officer 458094 0 175000 0 19424 0 24750 0 27028 0 704296 0 0 0 James Kulesza Assistant Treasurer 144794 0 21000 0 3299 0 13500 0 27028 0 209621 0 0 0 Jamie James Chief Student Experience Off. 236473 0 0 0 156698 0 23746 0 19751 0 436668 0 0 0 Donald Brezinski SVP & Chief of Staff 236594 0 30000 0 2333 0 21600 0 27028 0 317555 0 0 0 Elizabeth May SVP, Ext. Affairs & Communic. 186709 0 30000 0 45720 0 21269 0 28990 0 312688 0 0 0 Dr William Wil Zemp EVP & Chief Strategy Officer 254722 0 50000 0 996 0 23400 0 29067 0 358185 0 0 0 Thomas Dionisio '76 EVP, Tech. & Transformation 275892 0 60000 0 25996 0 24750 0 21125 0 407763 0 0 0 Danielle Stanton EVP & Chief HR Officer 256638 0 55000 0 924 0 23400 0 26951 0 362913 0 0 0 Kenneth Lee Treasurer & CFO 276498 0 0 0 35356 0 24750 0 26833 0 363437 0 0 0 David Coyner VP, Workforce Partnerships 140145 0 50000 0 167539 0 21635 0 20577 0 399896 0 0 0 Alana Burns Chief Marketing Officer 283107 0 50000 0 13928 0 24750 0 29067 0 400852 0 0 0 Susan Nathan Chief Experience Officer 260996 0 0 0 2188 0 15707 0 2064 0 280955 0 15707 0 Adrian Haugabrook EVP & Managing Dir., Horizons 252922 0 40000 0 31890 0 23400 0 29068 0 377280 0 0 0 SCHEDULE J, PART I, LINE 1A: TRAVEL FOR COMPANIONS: OCCASIONALLY, THE UNIVERSOTY WILL PAY FOR COMPANION AIR TRAVEL. SUCH PAYMENTS WERE INCLUDED IN ONE OFFICER'S TAXABLE INCOME IN THE CURRENT PERIOD. 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: TWO INDIVIDUALS REPORTED IN PART VII, SECTION A, LINE 1A RECEIVED SEVERANCE PAYMENTS. JAMIE JAMES RECEIVED SEVERANCE IN THE AMOUNT OF $88,308 AND DAVID COYNER RECEIVED SEVERANCE IN THE AMOUNT OF $96,539. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(iii) FOR THE RESPECTIVE INDIVIDUALS. 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 2012 020279866 644614T25 2012-06-07 65204319 SEE PART VI false false false B NHHEFA SERIES 2014 020279866 000000000 2014-08-27 47279000 SEE PART VI false false false C NHHEFA SERIES 2016 020279866 6446145U9 2016-06-08 35429241 CONSTRUCTION false false false D NHHEFA SERIES 2017 020279866 64461XBD6 2017-06-07 55568307 CONSTRUCTION false false false A 5065000 0 65211538 5749603 2938863 0 694869 0 0 51006605 5300933 0 2017 false true true true B 17115000 0 47288054 0 0 0 341912 0 0 15013940 32057569 0 2018 true true true true C 1790000 0 35429241 0 0 0 399774 0 0 35164353 0 0 2018 false false true true D 2070000 0 55568307 0 0 0 192416 0 0 56060501 0 0 2019 false false true true A false false false false 0 false false false true B false false false false 0 false true 0.01441 true true C false false false false 0 false false false true D false false false false 0 false false false true A false false false true false false 0 false 0 true true B false false false true true false 0 false 0 false true C false false false true false false 0 false 0 false true D false false false true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, COLUMN (C), BOND B: NHHEFA SERIES 2014 - BOND B IS PRIVATE PLACEMENT BOND AND IS NOT REQUIRED TO HAVE A CUSIP NUMBER. SCHEDULE K, PART I, COLUMN (F): (A) NHHEFA SERIES 2012 - ADVANCE REFUNDING OF BONDS SERIES 2003 AND CONSTRUCTION PROJECTS. (B) 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 2012 - THE ISSUE PRICE AND THE TOTAL PROCEEDS OF ISSUE REPORTED IN PART II, LINE 3 DIFFER BY INVESTMENT INCOME OF $7,219. THE ISSUE PRICE AND THE GROSS PROCEEDS DIFFER BY INVESTMENT INCOME OF $486,554. (B) 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. THE ISSUE PRICE AND THE GROSS PROCEEDS DIFFER BY INVESTMENT INCOME OF $134,421. (C) NHHEFA SERIES 2016 - THE ISSUE PRICE AND THE GROSS PROCEEDS DIFFER BY INVESTMENT INCOME OF $134,886. (D) NHHEFA SERIES 2017 - THE ISSUE PRICE AND THE GROSS PROCEEDS DIFFER BY INVESTMENT INCOME OF $676,961. SCHEDULE K, PART IV, COLUMN (A), LINE 2C: THE REBATE COMPUTATION WAS PERFORMED ON 5/31/20 FOR THE 2012, 2016 AND 2017 BONDS AND ON 8/27/19 FOR THE 2014 BOND. COLLIN GILLENWATER SON OF KEY EMPLOYEE 114316 COMP-DIR. BUS. DEVELOPMENT 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 5,165 traditional undergraduate and graduate day students; 139,479 undergraduate and graduate distance education students; and 5,526 students in competency-based education programs. The University offers 54 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, Justice Studies, and Business-related fields. Bachelor degrees are offered in more than 70 areas 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 etc. Master's degrees are offered 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 in Educational Leadership, a Ph.D. in International Business, and a Ph.D. in Education Leadership. 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 2: PAUL J. LEBLANC AND WINNIE LERNER BOTH SERVE ON THE BOARD OF MOTIVIS LEARNING SYSTEMS, INC. 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 2020, 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 (4,538,334) Rethink Education Seed LP 707 Westch Av White Plains NY 10604 Investments NY NA EXCLUDED UNDER 512 -596440 5600635 false 0 false 0.66670 MOTIVIS LEARNING SYSTEMS INC 25 PELHAM RD STE 204 SALEM NH 03079 471039010 SOFTWARE SALE DE SNHU C CORP -2902758 952284 1.00000 true SPLIT INTEREST TRUSTS (3) SUPPORT NH SNHU TRUST true false false false true false false false false false false false false false false false false false false false Motivis Learning Systems Inc D 4000000 CASH