STONEHILL COLLEGE INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- STONEHILL COLLEGE INC (EIN 04-2104229)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-13
- IRS object ID
- 201931339349304808
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T13:29:53-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263753134 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ MHM LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02116 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104229 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STONEHILL COLLEGE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STON | BusinessNameControlTxt |
| Phone | 5085651345 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1Txt |
| City | EASTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02357 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEANNE FINLAYSON | PersonNm |
| Person Title | VP FINANCE & TREASURER | PersonTitleTxt |
| Phone | 5085651345 | PhoneNum |
| Signature | 2019-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CRAIG KLEIN | PreparerPersonNm |
| PTIN | P00734640 | PTIN |
| Phone | 6177610600 | PhoneNum |
| Preparation | 2019-05-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 207.172.72.163 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-10 | IPDt |
| IP Tm | 08:55:07 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6EBF32EC077803D5773B28E578504B4367373832 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | REV JOHN DENNING CSC | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1Txt |
| City | EASTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02357 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $206,462,956 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.STONEHILL.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1934 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE CONGREGATION OF THE HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON. THROUGH ITS CURRICULUM OF LIBERAL ARTS AND SCIENCES AND PRE-PROFESSIONAL PROGRAMS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND THE INTERCHANGE OF IDEAS. STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS, AND LEADS WITH COURAGE TOWARD THE CREATION OF A MORE JUST AND COMPASSIONATE WORLD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 33 | VotingMembersIndependentCnt |
| Total Employee | 1733 | TotalEmployeeCnt |
| Total Volunteers | 600 | TotalVolunteersCnt |
| Total Gross UBI | -$272,312 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$352,428 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,490,384 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,880,428 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $134,291,206 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $141,041,864 | CYProgramServiceRevenueAmt |
| PY Investment Income | $21,616,660 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,097,691 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$17,166 | PYOtherRevenueAmt |
| CY Other Revenue | -$33,370 | CYOtherRevenueAmt |
| PY Total Revenue | $176,381,084 | PYTotalRevenueAmt |
| CY Total Revenue | $162,986,613 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $49,819,109 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $52,747,001 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $54,858,023 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $57,773,940 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $27,370 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $14,282 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,733,706 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $39,379,514 | PYOtherExpensesAmt |
| CY Other Expenses | $40,120,096 | CYOtherExpensesAmt |
| PY Total Expenses | $144,084,016 | PYTotalExpensesAmt |
| CY Total Expenses | $150,655,319 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $32,297,068 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,331,294 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $384,521,779 | TotalAssetsBOYAmt |
| Total Assets EOY | $404,586,220 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $108,811,634 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $110,466,185 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $275,710,145 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $294,120,035 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED BY THE CONGREGATION OF THE HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON. THROUGH ITS CURRICULUM OF LIBERAL ARTS AND SCIENCES AND PRE-PROFESSIONAL PROGRAMS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND THE INTERCHANGE OF IDEAS. STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS, AND LEADS WITH COURAGE TOWARD THE CREATION OF A MORE JUST AND COMPASSIONATE WORLD. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $130,274,360 | ExpenseAmt |
| Grant | $52,747,001 | GrantAmt |
| Revenue | $140,939,190 | RevenueAmt |
| Desc | STONEHILL IS A SELECTIVE CATHOLIC COLLEGE LOCATED NEAR BOSTON ON A BEAUTIFUL 384 ACRE CAMPUS IN EASTON, MASSACHUSETTS. WITH A STUDENT: FACULTY RATIO OF 12:1, THE COLLEGE ENGAGES 2,498 STUDENTS IN 80+ RIGOROUS ACADEMIC PROGRAMS IN THE LIBERAL ARTS, SCIENCES, AND PRE-PROFESSIONAL FIELDS. THE STONEHILL COMMUNITY HELPS STUDENTS TO DEVELOP THE KNOWLEDGE, SKILLS, AND CHARACTER TO MEET THEIR PROFESSIONAL GOALS AND TO LIVE LIVES OF PURPOSE AND INTEGRITY. | Desc |
| Total Program Service Expenses | $130,274,360 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 379 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1733 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 33 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEANNE M FINLAYSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5085651337 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1Txt |
| City | EASTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02357 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (46 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| REV JOHN DENNING CSC | |||||||||
| PRESIDENT | 35.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $30,434 | ||
| REV CHARLES MCCOY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHERILYN MCCOY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEO MEEHAN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARSHA MOSES | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL NAVARRO | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV THOMAS O'HARA CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS MAY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV HUGH R PAGE JR PHD | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEAN RAYMOND | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT RIVERS | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV JOHN RYAN CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS SHIELDS | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRO DONALD STABROWSKI CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV PETER WALSH CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA PRUE | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV THOMAS LOONEY CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN MILLER | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV DANIEL ISSING CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VICKI BALSAMO | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV E WILLIAM BEAUCHAMP CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV PETER A JARRET CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL COUGHLIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL DEVASTO | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN DOHERTY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV ROBERT DOWD | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK BURKE | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| M ELIZABETH FINI | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN J GAFFNEY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| REV ANTHONY GRASSO CSC | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK GRIFFIN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH HAYDEN | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL HERLIHY | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DREW | |||||||||
| BOARD MEMBER | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JEANNE FINLAYSON | |||||||||
| VP FOR FINANCE & TREASURER | 35.00 | 0.00 | Yes (X) | $248,687 | $0 | $73,549 | |||
| THOMAS FLYNN | |||||||||
| CLERK/GENERAL COUNSEL | 35.00 | 0.00 | Yes (X) | $159,364 | $0 | $82,377 | |||
| CATHERINE CAPOLUPO | |||||||||
| VP FOR ENROLLMENT/MARKETING | 35.00 | 0.00 | $210,783 | $0 | $25,940 | Yes (X) | |||
| FRANCIS DILLON | |||||||||
| VP FOR ADVANCEMENT | 35.00 | 0.00 | $205,793 | $0 | $39,816 | Yes (X) | |||
| PAULINE DOBROWSKI | |||||||||
| VP FOR STUDENT AFFAIRS | 35.00 | 0.00 | $157,818 | $0 | $41,478 | Yes (X) | |||
| CRAIG BINNEY | |||||||||
| ASSOC. VP OF FINANCE | 35.00 | 0.00 | $178,369 | $0 | $44,593 | Yes (X) | |||
| JOSEPH FAVAZZA | |||||||||
| PROVOST/VP OF ACADEMIC AFFAIRS | 35.00 | 0.00 | $229,554 | $0 | $68,163 | Yes (X) | |||
| JENNIFER SWANSON | |||||||||
| FACULTY - PROFESSOR | 35.00 | 0.00 | $167,740 | $0 | $14,074 | Yes (X) | |||
| JOHN SCHATZEL | |||||||||
| FACULTY - PROFESSOR | 35.00 | 0.00 | $152,918 | $0 | $19,070 | Yes (X) | |||
| ROBERT ROSENTHAL | |||||||||
| FACULTY - PROFESSOR | 35.00 | 0.00 | $166,399 | $0 | $28,634 | Yes (X) | |||
| MARIA CURTIN | |||||||||
| DEAN OF FACULTY | 35.00 | 0.00 | $154,144 | $0 | $42,256 | Yes (X) | |||
| TAMARA ANDERSON | |||||||||
| CHIEF INFORMATION OFFICER | 35.00 | 0.00 | $156,637 | $0 | $43,923 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,188,206 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $554,307 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 74 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CONGREGATION OF HOLY CROSS | |||||
| PO BOX 774 | NOTRE DAME | IN | 46556 | EDUCATION & INSTRUCTIONAL SERVICES | $1,451,882 |
| EDUCATION ABROAD NETWORK | |||||
| 505 N LASALLE STE 200 | CHICAGO | IL | 60654 | EDUCATIONAL SERVICES | $621,745 |
| ROYALL & COMPANY | |||||
| 1920 E PARHAM ROAD | RICHMOND | VA | 23228 | MARKETING SERVICES | $588,709 |
| ARCADIA UNIVERSITY | |||||
| PO BOX 8500-1575 | PHILIDELPHIA | PA | 19178 | EDUCATIONAL SERVICES | $551,564 |
| API | |||||
| 301 CAMP CRAFT ROAD STE 100 | AUSTIN | TX | 78746 | EDUCATIONAL SERVICES | $372,470 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $152,995 | FundraisingAmt |
| Government Grants | $1,110,459 | GovernmentGrantsAmt |
| All Other Contributions | $8,616,974 | AllOtherContributionsAmt |
| Noncash Contributions | $1,266,403 | NoncashContributionsAmt |
| Total Contributions | $9,880,428 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | $102,223,361 | $102,223,361 | |
| AUXILLARY SERVICES | 900099 | $33,752,103 | $33,752,103 | |
| OTHER EDUCATIONAL SERVICES | 900099 | $5,066,400 | $4,963,726 | $102,674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $141,041,864 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $328,240 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$439,433 | UnrelatedBusinessRevenueAmt |
| Exclusion | $767,673 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,135,858 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,051,399 | SecuritiesAmt |
| Other | $1,315,008 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,084,459 | SecuritiesAmt |
| Other | -$1,315,008 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,769,451 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $64,447 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,705,004 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $76,566 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $152,995 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $109,936 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$33,370 | TotalRevenueColumnAmt |
| Exclusion | -$33,370 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $162,986,613 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $140,939,190 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$272,312 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,439,307 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,309 | TotalAmt |
| Program Services | $103,309 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,643,692 | TotalAmt |
| Program Services | $52,643,692 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,428,681 | TotalAmt |
| Program Services | $403,249 | ProgramServicesAmt |
| Management And General | $819,434 | ManagementAndGeneralAmt |
| Fundraising | $205,998 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,579,618 | TotalAmt |
| Program Services | $32,157,175 | ProgramServicesAmt |
| Management And General | $8,124,248 | ManagementAndGeneralAmt |
| Fundraising | $1,298,195 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,485,555 | TotalAmt |
| Program Services | $2,695,686 | ProgramServicesAmt |
| Management And General | $681,043 | ManagementAndGeneralAmt |
| Fundraising | $108,826 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,177,407 | TotalAmt |
| Program Services | $6,324,308 | ProgramServicesAmt |
| Management And General | $1,597,785 | ManagementAndGeneralAmt |
| Fundraising | $255,314 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,102,679 | TotalAmt |
| Program Services | $2,399,574 | ProgramServicesAmt |
| Management And General | $606,233 | ManagementAndGeneralAmt |
| Fundraising | $96,872 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,420 | TotalAmt |
| Management And General | $50,420 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,500 | TotalAmt |
| Management And General | $140,500 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,282 | TotalAmt |
| Fundraising | $14,282 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,077,199 | TotalAmt |
| Management And General | $1,077,199 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,582,074 | TotalAmt |
| Program Services | $1,097,540 | ProgramServicesAmt |
| Management And General | $458,042 | ManagementAndGeneralAmt |
| Fundraising | $26,492 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $924,277 | TotalAmt |
| Program Services | $755,829 | ProgramServicesAmt |
| Management And General | $168,048 | ManagementAndGeneralAmt |
| Fundraising | $400 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,208,405 | TotalAmt |
| Program Services | $848,631 | ProgramServicesAmt |
| Management And General | $251,151 | ManagementAndGeneralAmt |
| Fundraising | $108,623 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,210 | TotalAmt |
| Program Services | $232,210 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,305,076 | TotalAmt |
| Program Services | $3,831,517 | ProgramServicesAmt |
| Management And General | $430,508 | ManagementAndGeneralAmt |
| Fundraising | $43,051 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,066,913 | TotalAmt |
| Program Services | $1,908,401 | ProgramServicesAmt |
| Management And General | $85,181 | ManagementAndGeneralAmt |
| Fundraising | $73,331 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,977,785 | TotalAmt |
| Program Services | $1,604,392 | ProgramServicesAmt |
| Management And General | $291,556 | ManagementAndGeneralAmt |
| Fundraising | $81,837 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,444,220 | TotalAmt |
| Program Services | $1,375,620 | ProgramServicesAmt |
| Management And General | $68,600 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,795,165 | TotalAmt |
| Program Services | $6,444,984 | ProgramServicesAmt |
| Management And General | $175,983 | ManagementAndGeneralAmt |
| Fundraising | $174,198 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $628,636 | TotalAmt |
| Program Services | $598,776 | ProgramServicesAmt |
| Management And General | $29,860 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DINING SERVICES | $5,302,282 | $5,301,920 | $362 | |
| EQUIPMENT RENTAL AND MA | $3,230,557 | $2,150,524 | $1,044,207 | $35,826 |
| STUDY ABROAD & INTERNSH | $3,113,366 | $3,113,366 | ||
| SUPPLIES | $2,267,717 | $1,619,031 | $546,179 | $102,507 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,773,294 | TotalAmt |
| Program Services | $2,664,626 | ProgramServicesAmt |
| Management And General | $1,000,714 | ManagementAndGeneralAmt |
| Fundraising | $107,954 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,655,319 | TotalAmt |
| Program Services | $130,274,360 | ProgramServicesAmt |
| Management And General | $17,647,253 | ManagementAndGeneralAmt |
| Fundraising | $2,733,706 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,110,764 | BOYAmt |
| EOY | $20,691,688 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,485,225 | BOYAmt |
| EOY | $2,436,485 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,025,682 | BOYAmt |
| EOY | $10,969,853 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $923,802 | BOYAmt |
| EOY | $566,237 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,107,879 | BOYAmt |
| EOY | $826,226 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,896 | BOYAmt |
| EOY | $40,136 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $742,572 | BOYAmt |
| EOY | $641,846 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $259,385,540 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $105,316,493 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,389,877 | BOYAmt |
| EOY | $154,069,047 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,906,755 | BOYAmt |
| EOY | $28,444,024 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $185,483,632 | BOYAmt |
| EOY | $183,491,937 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,296,695 | BOYAmt |
| EOY | $2,408,741 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,521,779 | BOYAmt |
| EOY | $404,586,220 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,331,172 | BOYAmt |
| EOY | $5,238,600 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,457,230 | BOYAmt |
| EOY | $1,515,432 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,734,830 | BOYAmt |
| EOY | $88,523,745 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,769,072 | BOYAmt |
| EOY | $1,188,015 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,519,330 | BOYAmt |
| EOY | $14,000,393 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,811,634 | BOYAmt |
| EOY | $110,466,185 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,365,066 | BOYAmt |
| EOY | $214,372,249 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,247,240 | BOYAmt |
| EOY | $38,979,044 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,097,839 | BOYAmt |
| EOY | $40,768,742 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $275,710,145 | BOYAmt |
| EOY | $294,120,035 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,521,779 | BOYAmt |
| EOY | $404,586,220 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,331,294 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,946,998 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $131,598 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,951,255 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,386,864 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,548,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,490,384 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,880,428 | CurrentTaxYearAmt |
| Total | $46,257,166 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,951,255 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,386,864 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,548,235 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,490,384 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,880,428 | CurrentTaxYearAmt |
| Total | $46,257,166 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $10,129,137 | SubstantialContributorsTotAmt |
| Public Support Total170 | $36,128,029 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,424,508 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,839,820 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,456,957 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,929,429 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $335,062 | CurrentTaxYearAmt |
| Total | $12,985,776 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $179,242 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $154,431 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,031 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $84,470 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $76,566 | CurrentTaxYearAmt |
| Total | $615,740 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $59,858,682 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $650,595,437 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60360 | PublicSupportCY170Pct |
| Public Support PY170 | 0.60330 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Total Lobbying Expenditures | $0 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | STONEHILL COLLEGE PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. THEREFORE A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $194,142,067 | BeginningYearBalanceAmt |
| Contributions | $7,187,409 | ContributionsAmt |
| Investment Earnings Or Losses | $18,139,745 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,997,473 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,057,333 | OtherExpendituresAmt |
| End Year Balance | $211,414,415 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $178,738,401 | BeginningYearBalanceAmt |
| Contributions | $1,755,966 | ContributionsAmt |
| Investment Earnings Or Losses | $21,410,468 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,994,724 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,768,044 | OtherExpendituresAmt |
| End Year Balance | $194,142,067 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $188,638,643 | BeginningYearBalanceAmt |
| Contributions | $2,759,146 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,051,444 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,653,125 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,954,819 | OtherExpendituresAmt |
| End Year Balance | $178,738,401 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $190,987,117 | BeginningYearBalanceAmt |
| Contributions | $2,004,946 | ContributionsAmt |
| Investment Earnings Or Losses | $2,876,678 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,539,130 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,690,968 | OtherExpendituresAmt |
| End Year Balance | $188,638,643 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $171,222,793 | BeginningYearBalanceAmt |
| Contributions | $1,541,824 | ContributionsAmt |
| Investment Earnings Or Losses | $24,867,811 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,351,525 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,293,786 | OtherExpendituresAmt |
| End Year Balance | $190,987,117 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.71020 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.18020 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.10960 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $752,119 | OtherCostOrOtherBasisAmt |
| Book Value | $752,119 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $202,390,109 | OtherCostOrOtherBasisAmt |
| Depreciation | $66,123,032 | DepreciationAmt |
| Book Value | $136,267,077 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $565,869 | OtherCostOrOtherBasisAmt |
| Depreciation | $483,963 | DepreciationAmt |
| Book Value | $81,906 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,051,782 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,954,042 | DepreciationAmt |
| Book Value | $9,097,740 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,625,661 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,755,456 | DepreciationAmt |
| Book Value | $7,870,205 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $154,069,047 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HEDGE FUNDS & PRIVATE EQUITIES | Desc |
| Book Value | $183,491,937 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $183,491,937 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP AGREEMENTS | $6,042,163 |
| INTEREST & ACCRUED LIABILITIES | $4,205,467 |
| GOVERNMENT ADV. FOR STUDENT LOANS | $594,445 |
| ACCRUED PAYROLL AND OTHER BENEFITS | $2,715,829 |
| ANNUITY OBLIGATIONS | $442,489 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,000,393 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $115,454,254 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,946,998 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $241,534 | OtherRevenueAmt |
| Revenue Not Reported | $6,188,532 | RevenueNotReportedAmt |
| Revenue Subtotal | $109,265,722 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,077,199 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $52,643,692 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $53,720,891 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $162,986,613 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $97,044,364 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $109,936 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $109,936 | ExpensesNotReportedAmt |
| Expenses Subtotal | $96,934,428 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,077,199 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $52,643,692 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $53,720,891 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $150,655,319 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | STONEHILLL COLLEGE MAINTAINS A COLLECTION OF HISTORICAL ARTIFACTS FOR PUBLIC EXHIBITION AND EDUCATION IN FURTHERANCE OF PUBLIC SERVICE AND NOT FOR FINANCIAL GAIN. THE COLLEGE DOES NOT CAPITALIZE ITS COLLECTION OF HISTORICAL ARTIFACTS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE SPENT IN ACCORDANCE WITH DONOR RESTRICTIONS. THE FUNDS ARE INVESTED TO PRESERVE SHONEHILL'S PURCHASING POWER WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE MISSION OF THE COLLEGE. |
| PART X, LINE 2: | 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 JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | NET GAIN ON INTEREST RATE SWAP 1,205,642. FUNDRAISING EVENT EXPENDITURES 109,936. LOSS ON ESTINGUISHMENT OF DEBT -1,074,044. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND OTHER AWARDS 52,643,692. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 109,936. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS AND OTHER AWARDS 52,643,692. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE FOLLOWING STATEMENT IS INCLUDED IN ALL BROCHURES, CATALOGUES, AND OTHER COMMUNICATIONS WITH THE PUBLIC DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS: "STONEHILL COLLEGE DOES NOT DISCRIMINATE ON THE BASIS OF RACE, GENDER, DISABILITY, AGE, MARITAL STATUS, RELIGION, COLOR, SEXUAL ORIENTATION, OR NATIONAL ORIGIN, IN ADMISSIONS TO, ACCESS TO, TREATMENT IN OR EMPLOYMENT IN ITS PROGRAMS AND ACTIVITIES, EXCEPT WHERE SUCH CONDITIONS MAY CONSTITUTE BONA FIDE QUALIFICATIONS FOR THE PROGRAM OR ACTIVITIES IN QUESTION. |
| SCHEDULE E, PART I, LINE 6 | THIS INSTITUTION AND ITS STUDENTS PARTICIPATE IN THE FOLLOWING FEDERAL FUNDED PROGRAMS: FEDERAL PELL GRANT, FEDERAL PERKINS LOAN, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANT, AND FEDERAL WORK STUDY. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $2,279,383 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $491,839 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $120,110 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $64,393 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $40,316 |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $11,995 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $3,008,036 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $3,008,036 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION REPORTS THESE FOREIGN EXPENDITURES AS REPORTED IN THE FINANCIAL RECORDS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENTS | Event1Nm |
| Gross Receipts Event1 | $121,861 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $82,045 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $39,816 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $35,939 | RentFacilityCostsEvent1Amt |
| Event2 | DINNER | Event2Nm |
| Gross Receipts Event2 | $107,700 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $70,950 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $36,750 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $63,619 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $10,378 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $229,561 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $152,995 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $76,566 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $35,939 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $63,619 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $10,378 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $109,936 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$33,370 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BOSTON SYMPHONY ORCHESTRA | |||||||
| 301 MASSACHUSETTS AVENUE | BOSTON | MA | 02115 | 042103550 | 501(C)3 | $15,000 | GENERAL SUPPORT |
| CATHOLIC SCHOOLS FOUNDATION | |||||||
| 67 BATTERYMARCH STREET 6TH FLOOR | BOSTON | MA | 02110 | 222485502 | 501(C)3 | $5,500 | GENERAL SUPPORT |
| DIOCESE OF FALL RIVER | |||||||
| PO BOX 1470 | FALL RIVER | MA | 02722 | 043000709 | 501(C)3 | $7,500 | GENERAL SUPPORT |
| HOLY CROSS MISSION CENTER | |||||||
| PO BOX 543 | NOTRE DAME | IN | 46556 | 526044122 | 501(C)3 | $6,715 | GENERAL SUPPORT |
| TRINITY CATHOLIC ACADEMY | |||||||
| 37 ERIC AVENUE | BROCKTON | MA | 02302 | 510638517 | 501(C)3 | $7,500 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 2458 | RecipientCnt |
| Non Cash Assistance | $52,643,692 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | SCHOLARSHIPS | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE COLLEGE AWARDS GRANTS ON A FISCAL YEAR BASED ACCORDING TO THE OVERALL YEARLY BUDGET. INDIVIDUAL AWARDS ARE PACKAGED BASED ON AN OVERALL COLLEGE STRATEGY EMPLOYING NEED AND MERIT CRITERIA. THE COLLEGE'S FINANCIAL AID OFFICE WORKS WITH OUTSIDE CONSULTANTS TO PREPARE PACKAGES. THE FINANCIAL AID OFFICE WORKS WITH STUDENTS TO ACCEPT AND/OR ADJUST INDIVIDUAL GRANTS. THE COLLEGE ALSO PROVIDES CHARITABLE SUPPORT TO U.S. SECTION 501(C)(3) PUBLIC CHARITIES IN FURTHERANCE OF ITS MISSION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEANNE FINLAYSON | ||||||||||||||
| VP FOR FINANCE & TREASURER | $247,678 | $0 | $0 | $0 | $1,009 | $0 | $30,564 | $0 | $42,985 | $0 | $322,236 | $0 | $0 | $0 |
| THOMAS FLYNN | ||||||||||||||
| CLERK/GENERAL COUNSEL | $159,159 | $0 | $0 | $0 | $205 | $0 | $18,488 | $0 | $63,889 | $0 | $241,741 | $0 | $0 | $0 |
| CATHERINE CAPOLUPO | ||||||||||||||
| VP FOR ENROLLMENT/MARKETING | $210,500 | $0 | $0 | $0 | $283 | $0 | $25,215 | $0 | $725 | $0 | $236,723 | $0 | $0 | $0 |
| FRANCIS DILLON | ||||||||||||||
| VP FOR ADVANCEMENT | $203,492 | $0 | $0 | $0 | $2,301 | $0 | $24,148 | $0 | $15,668 | $0 | $245,609 | $0 | $0 | $0 |
| PAULINE DOBROWSKI | ||||||||||||||
| VP FOR STUDENT AFFAIRS | $157,684 | $0 | $0 | $0 | $134 | $0 | $18,194 | $0 | $23,284 | $0 | $199,296 | $0 | $0 | $0 |
| CRAIG BINNEY | ||||||||||||||
| ASSOC. VP OF FINANCE | $177,689 | $0 | $0 | $0 | $680 | $0 | $21,267 | $0 | $23,326 | $0 | $222,962 | $0 | $0 | $0 |
| JOSEPH FAVAZZA | ||||||||||||||
| PROVOST/VP OF ACADEMIC AFFAIRS | $228,111 | $0 | $0 | $0 | $1,443 | $0 | $28,807 | $0 | $39,356 | $0 | $297,717 | $0 | $0 | $0 |
| JENNIFER SWANSON | ||||||||||||||
| FACULTY - PROFESSOR | $167,517 | $0 | $0 | $0 | $223 | $0 | $13,507 | $0 | $567 | $0 | $181,814 | $0 | $0 | $0 |
| JOHN SCHATZEL | ||||||||||||||
| FACULTY - PROFESSOR | $151,334 | $0 | $0 | $0 | $1,584 | $0 | $16,874 | $0 | $2,196 | $0 | $171,988 | $0 | $0 | $0 |
| ROBERT ROSENTHAL | ||||||||||||||
| FACULTY - PROFESSOR | $164,708 | $0 | $0 | $0 | $1,691 | $0 | $18,159 | $0 | $10,475 | $0 | $195,033 | $0 | $0 | $0 |
| MARIA CURTIN | ||||||||||||||
| DEAN OF FACULTY | $153,288 | $0 | $0 | $0 | $856 | $0 | $17,563 | $0 | $24,693 | $0 | $196,400 | $0 | $0 | $0 |
| TAMARA ANDERSON | ||||||||||||||
| CHIEF INFORMATION OFFICER | $155,772 | $0 | $0 | $0 | $865 | $0 | $17,646 | $0 | $26,277 | $0 | $200,560 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I: | STONEHILL COLLEGE PAID FOR PROFESSIONAL SERVICES BASED ON MARKET COMPENSATION AND BENEFITS, TOTALING $1,410,617 TO THE CONGREGATION OF THE HOLY CROSS FOR INSTRUCTIONAL, ADMINISTRATIVE, AND INSTITUTIONAL SERVICES. INDIVIDUAL MEMBERS OF THE CONGREGATION ADHERE TO THE VOW OF POVERTY. |
| SCHEDULE J, PART I, LINES 1A & 1B: | AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF STONEHILL COLLEGE, THE PRESIDENT RECEIVED NON-TAXABLE HOUSING ON CAMPUS. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| MHEFA SERIES L | ||||||||
| A | 041456011 | 57586ELC3 | 2009-08-05 | $22,197,354 | CONSTRUCT 250 BED RESIDENCE HALL | Yes (1) | 0 | 0 |
| MHEFA SERIES K | ||||||||
| B | 043431814 | 000000000 | 2015-11-04 | $56,675,000 | REFINANCE SERIES K (2008) | 0 | 0 | 0 |
| MHEFA SERIES M | ||||||||
| C | 043431814 | 000000000 | 2017-03-30 | $15,300,000 | CONSTRUCT ACADEMIC & WELCOME CENTER | 0 | 0 | 0 |
| MHEFA SERIES O | ||||||||
| D | 043431814 | 000000000 | 2018-06-01 | $25,000,000 | CONSTRUCT BUSINESS BUILDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $6,200,000 | $13,705,000 | $22,197,354 | $385,520 | $21,811,834 | 2010 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $2,800,000 | $56,675,000 | $56,675,000 | 2009 | Yes (1) | 0 | Yes (1) | Yes (1) | |||
| C | $364,571 | $15,300,000 | $112,280 | $15,187,720 | 2018 | 0 | 0 | Yes (1) | Yes (1) | ||
| D | $25,000,000 | $139,980 | $3,487,764 | 2019 | 0 | 0 | 0 | Yes (1) | $21,372,256 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.01720 | 0.01720 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Business Name Line2HedgeProviderName/BusinessNameLine2Txt | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| BANK OF AMERICA | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | NA - SEE BELOW | 0 | 0 |
| (no name) | ||||||||||||
| C | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| D | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART II, LINE 13: | YEAR OF SUBSTANTIAL COMPLETION - FOR BOND ISSUE A, YEAR OF SUBSTANTIAL COMPLETION REFERS TO THE PROJECTS FINANCED BY PROCEEDS OF THE REFUNDED BONDS. |
| SCHEDULE K, PART IV, COLUMN A, LINE 4C: | THERE ARE 3 TERMS TO THE INTEREST RATE SWAP: 20.2 YEARS 20.1 YEARS 29.1 YEARS |
| SCHEDULE K, PART II, COLUMN A, LINE 13: | YEAR OF SUBSTANTIAL COMPLETION - REFERS TO PROJECTS FINANCED BY PROCEEDS OF THE REFUNDED BONDS. |
| SCHEDULE K, PART IV, COLUMN A, LINE 2C: | FOR THE REBATE COMPUTATION PERIOD OF AUGUST 5, 2009 TO JUNE 30, 2011, NO REBATE LIABILITY HAS ACCRUED AND ALL PROCEEDS WERE ALLOCATED TO EXPENDITURES. |
| SCHEDULE K, PART IV, COLUMN A, LINE 6: | PROCEEDS IN THE REFUNDING ESCROW ARE INVESTED PAST THE 30-DAY TEMPORARY PERIOD. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MHEFA SERIES N | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 043431814 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2017-11-09 | BondIssuedDt |
| Issue Price | $14,829,024 | IssuePriceAmt |
| Purpose | ADVANCE REFUND MHEFA, SERIES L (2009) | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $14,829,024 | TotalProceedsAmt |
| Refunding Escrow | $14,381,059 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $145,443 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $302,522 | OtherSpentProceedsAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | Yes (1) | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WB MASON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SEE STATEMENT | RelationshipDescriptionTxt |
| Transaction | $283,144 | TransactionAmt |
| Transaction | SALE OF PRODUCTS | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV | FormAndLineReferenceDesc |
| Explanation | BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: W.B. MASON IS A COMPANY OWNED BY A TRUSTEE AND HIS FAMILY. STONEHILL COLLEGE PURCHASED PRODUCTS FROM THE COMPANY. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,266,403 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | PUBLICLY TRADED | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | AMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD OF TRUSTEES MAY APPOINT AN EXECUTIVE COMMITTEE AND MAY DELEGATE TO ANY SUCH COMMITTEE SOME OR ALL OF THEIR POWERS EXCEPT THOSE WHICH BY LAW, THE ARTICLES OF INCORPORATION, OR THE BYLAWS THEY MAY NOT DELEGATE. |
| FORM 990, PART VI, SECTION A, LINE 6 | STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 7A | STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED AND SIGNED BY CBIZ MHM, LLC AS PAID PREPARER. THE FORM 990 IS FIRST REVIEWED BY STONEHILL COLLEGE'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, STONEHILL COLLEGE'S INTERNAL MANAGEMENT AND PAID PREPARER PRESENT THE FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE COMPLETED FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO THE FORM BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE REQUIRES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. QUESTIONNAIRES ARE COLLECTED AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AT ANY LEVEL AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WHICH IS DETERMINED ON A CASE BY CASE BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | STONEHILL COLLEGE ANNUALLY REVIEWS THE SALARIES OF ITS EXECUTIVE LEVEL MANAGEMENT WITH THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE HUMAN RESOURCE OFFICE PROVIDES COMPARABLE MARKET DATA ON THESE POSITIONS AT SIMILAR SIZE INSTITUTIONS. THE COLLEGE PRESIDENT MAKES SALARY RECOMMENDATIONS FOR HIS (HER) TOP MANAGEMENT REPORTS AND THE CHAIRMAN OF THE BOARD OF TRUSTEES MAKES A RECOMMENDATION ON THE PRESIDENT'S SALARY TO BE PAID TO THE CONGREGATION OF THE HOLY CROSS. COMPENSATION RECOMMENDATIONS ARE APPROVED BY THE COMPENSATION COMMITTEE. STONEHILL COLLEGE'S PRESIDENT IS A MEMBER OF THE CONGREGATION OF THE HOLY CROSS AND HAS TAKEN A VOW OF POVERTY, ALONG WITH OTHER MEMBERS OF THE HOLY CROSS COMMUNITY WHO PROVIDE SERVICES TO STONEHILL COLLEGE. TOTAL PAYMENT TO THE CONGREGATION OF THE HOLY CROSS IN FY2018 WAS $1,085,577. |
| FORM 990, PART VI, SECTION C, LINE 19 | AT THIS TIME, STONEHILL COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE COLLEGE POSTS ITS FINANCIAL STATEMENTS TO THE ELECTRONIC MUNICIPAL MARKET ACCESS WEBSITE AT EMMA.MSRB.ORG AS WELL AS ON THEIR OWN WEBSITE AT STONEHILL.EDU, WHERE THEY ARE AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | NET GAIN FROM INTEREST RATE SWAPS 1,205,642. LOSS ON ESTINGUISHMENT OF DEBT -1,074,044. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERPETUAL TRUSTS (2) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STONEHILL COLLEGE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |