STONEHILL COLLEGE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- STONEHILL COLLEGE INC (EIN 04-2104229)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201411349349303216
- Schema version
- 2012v2.3
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T11:19:43-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042104229 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STONEHILL COLLEGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JEANNE M FINLAYSON VP FINAN | InCareOfName |
| Name Control | STON | NameControl |
| Phone | 5085651345 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | EASTON | City |
| State | MA | State |
| ZIP Code | 02357 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEANNE M FINLAYSON | Name |
| Title | VP FOR FINANCE & TREASURER | Title |
| Phone | 5085651345 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GWEN SPENCER | Name |
| Phone | 6175305000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | REV MARK CREGAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1 |
| City | EASTON | City |
| State | MA | State |
| ZIP Code | 023576262 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 143464278 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.STONEHILL.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1850 | TotalNbrEmployees |
| Total Nbr Volunteers | 987 | TotalNbrVolunteers |
| Total Gross UBI | 88968 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 11856 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4306912 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 15076972 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 114103580 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 123664594 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3510945 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1980730 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 44959 | OtherRevenuePriorYear |
| Other Revenue Current Year | -91945 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 121966396 | TotalRevenuePriorYear |
| Total Revenue Current Year | 140630351 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 30196413 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 35701992 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 50020355 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 52952696 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 33727 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 35746 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2502253 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 37629175 | OtherExpensePriorYear |
| Other Expenses Current Year | 40337140 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 117879670 | TotalExpensesPriorYear |
| Total Expenses Current Year | 129027574 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4086726 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 11602777 | RevenuesLessExpensesCY |
| Total Assets BOY | 322559453 | TotalAssetsBOY |
| Total Assets EOY | 348909919 | TotalAssetsEOY |
| Total Liabilities BOY | 117697502 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 113903619 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 204861951 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 235006300 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 108254278 | Expense |
| Grants | 35701992 | Grants |
| Revenue | 123664594 | Revenue |
| Description | STONEHILL IS A SELECTIVE CATHOLIC COLLEGE LOCATED NEAR BOSTON ON A BEAUTIFUL 375-ACRE CAMPUS IN EASTON, MASSACHUSETTS. WITH A STUDENT:FACULTY RATIO OF 12:7, THE COLLEGE ENGAGES 2,602 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. | Description |
| Total Program Service Expense | 108254278 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 345 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1850 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEANNE M FINLAYSON VP FINAN | NamePerson |
| Telephone Number | 5085651337 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 WASHINGTON STREET | AddressLine1 |
| City | EASTON | City |
| State | MA | State |
| ZIP Code | 023576262 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (47 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| REV MARK CREGAN CSC | ||||||||
| PRESIDENT | 35.0 | X | X | 0 | 0 | 42838 | ||
| VICKI C BALSAMO | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| JOSEPH J BASILE JR | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| THOMAS F BOGAN | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| PATRICK D BURKE | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| JAMES J CLARK | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| DANIEL J COUGHLIN JR | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV WILLIAM R DAILEY CSC | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| MARY MARGARET FLATLEY DARLING | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| DANIEL P DEVASTO | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| WILLIAM F DEVIN | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| JOHN E DREW MSSS | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| BRO THOMAS A DZIEKAN CSC | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV ANTHONY R GRASSO CSC PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| PATRICK W GRIFFIN | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| ELIZABETH G HAYDEN MED | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| MICHAEL W HERLIHY | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV DANIEL J ISSING CSC MDVSTL | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV PAUL V KOLLMAN CSC | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV THOMAS P LOONEY CSC | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| THOMAS J MAY | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| SHERILYN S MCCOY | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV JAMES E MACDONALD CSC JD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| LEO J MEEHAN III | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| KATHLEEN MILLER | ||||||||
| BOARD MEMBER | 1.0 | X | 0 | 0 | 0 | |||
| DR MARSHA A MOSES PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV THOMAS J O'HARA CSC | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV HUGH R PAGE JR PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| BRO JOHN RHODES PAIGE CSC PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV MARK L POORMAN CSC PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| ROBERT F RIVERS | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| REV JOHN J RYAN CSC PHD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| LAWRENCE SALAMENO JD | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| THERESA A SALAMENO | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| CARMEL A SHIELDS ESQ MBA | ||||||||
| BOARD MEMBER | 1.0 | X | ||||||
| JEANNE M FINLAYSON | ||||||||
| VICE PRES OF FINANCE/TREASURER | 35.0 | X | 217967 | 0 | 82889 | |||
| THOMAS V FLYNN | ||||||||
| CLERK/GENERAL COUNSEL | 35.0 | X | 144435 | 0 | 38659 | |||
| CRAIG BINNEY | ||||||||
| ASSOC. VP OF FINANCE | 35.0 | 170200 | 0 | 111285 | X | |||
| SHEILA CONBOY | ||||||||
| PROVOST/VP OF ACADEMIC AFFAIRS | 35.0 | 218332 | 0 | 80123 | X | |||
| FRANCIS DILLON | ||||||||
| VICE PRESIDENT FOR ADVANCEMENT | 35.0 | 194723 | 0 | 32026 | X | |||
| JOSEPH FAVAZZA | ||||||||
| ASSOC. VP OF ACAD. AFFAIRS | 35.0 | 182534 | 0 | 94677 | X | |||
| CHRISTOPHER LYDON | ||||||||
| VP FOR ENROLLMENT & MARKETING | 35.0 | 202514 | 0 | 58303 | X | |||
| JAMES B LEE | ||||||||
| FACULTY - PROFESSOR | 35.0 | 146638 | 0 | 39119 | X | |||
| ROBERT ROSENTHAL | ||||||||
| FACULTY - PROFESSOR | 35.0 | 136910 | 0 | 24284 | X | |||
| TAMARA ANDERSON | ||||||||
| CHIEF INFORMATION OFFICER | 35.0 | 141147 | 0 | 74540 | X | |||
| JOHN SCHATZEL | ||||||||
| FACULTY - PROFESSOR | 35.0 | 128989 | 0 | 30344 | X | |||
| ROBERT CARVER | ||||||||
| FACULTY - PROFESSOR | 35.0 | 129719 | 0 | 34930 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2014108 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 744017 | TotalOtherCompensation |
| Number Individuals GT100 K | 69 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO INC AFFILIATES | |||||
| C/O DINING SERVICES 320 WASHINGTON | NORTH EASTON | MA | 02357 | FOOD SERVICE | 5757049 |
| CONGREGATION OF THE HOLY CROSS | |||||
| PO BOX 774 | NOTRE DAME | IN | 46556 | ADMIN & INSTRCTN SVC | 1583975 |
| GLOBAL STUDENT EXPERIENCE | |||||
| 17752 SKYPARK CIRCL STE 235 | IRVINE | CA | 92614 | EDUCATIONAL SERVICES | 890737 |
| API | |||||
| 107 E HOPKINS | SAN MARCOS | TX | 78666 | EDUCATIONAL SERVICES | 804425 |
| AUBURN CONSTRUCTION CO INC | |||||
| PO BOX 287 1207 AUBURN STREET | WHITMAN | MA | 02382 | CONSTRUCTION | 799282 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 68 | NumberOfContractorsGT100K |
| Fundraising Events | 282523 | FundraisingEvents |
| Government Grants | 647389 | GovernmentGrants |
| All Other Contributions | 14147060 | AllOtherContributions |
| Noncash Contributions | 255936 | NoncashContributions |
| Total Contributions | 15076972 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 900099 | 89861970 | 89861970 | |
| AUXILLARY SERVICES | 900099 | 31740448 | 31740448 | |
| OTHER EDUCATIONAL REVENUE | 900099 | 2062176 | 2004676 | 57500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 123664594 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1432753 | TotalRevenueColumn |
| Unrelated Business Revenue | 31468 | UnrelatedBusinessRevenue |
| Exclusion | $1,401,285 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3156978 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2609001 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 547977 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 547977 | TotalRevenueColumn |
| Exclusion | $547,977 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 132981 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 282523 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 224926 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -91945 | TotalRevenueColumn |
| Exclusion | -$91,945 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 140630351 | TotalRevenueColumn |
| Related Or Exempt Function Income | 123607094 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 88968 | UnrelatedBusinessRevenue |
| Exclusion | $1,857,317 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35701992 | Total |
| Program Services | 35701992 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1172404 | Total |
| Program Services | 427000 | ProgramServices |
| Management And General | 553782 | ManagementAndGeneral |
| Fundraising | 191622 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39355362 | Total |
| Program Services | 29475040 | ProgramServices |
| Management And General | 8705651 | ManagementAndGeneral |
| Fundraising | 1174671 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3137308 | Total |
| Program Services | 2349674 | ProgramServices |
| Management And General | 693992 | ManagementAndGeneral |
| Fundraising | 93642 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6295640 | Total |
| Program Services | 4715094 | ProgramServices |
| Management And General | 1392635 | ManagementAndGeneral |
| Fundraising | 187911 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2991982 | Total |
| Program Services | 2240857 | ProgramServices |
| Management And General | 661824 | ManagementAndGeneral |
| Fundraising | 89301 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94199 | Total |
| Management And General | 94199 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223777 | Total |
| Management And General | 223777 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16250 | Total |
| Management And General | 16250 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35746 | Total |
| Fundraising | 35746 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1797460 | Total |
| Program Services | 1202084 | ProgramServices |
| Management And General | 595376 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 569472 | Total |
| Program Services | 27464 | ProgramServices |
| Management And General | 541508 | ManagementAndGeneral |
| Fundraising | 500 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1862196 | Total |
| Program Services | 920132 | ProgramServices |
| Management And General | 774769 | ManagementAndGeneral |
| Fundraising | 167295 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217689 | Total |
| Program Services | 213976 | ProgramServices |
| Management And General | 3713 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4421613 | Total |
| Program Services | 4067884 | ProgramServices |
| Management And General | 309513 | ManagementAndGeneral |
| Fundraising | 44216 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2180792 | Total |
| Program Services | 1826916 | ProgramServices |
| Management And General | 289216 | ManagementAndGeneral |
| Fundraising | 64660 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1392312 | Total |
| Program Services | 979009 | ProgramServices |
| Management And General | 320866 | ManagementAndGeneral |
| Fundraising | 92437 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1643501 | Total |
| Program Services | 1589923 | ProgramServices |
| Management And General | 53578 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6832648 | Total |
| Program Services | 6482431 | ProgramServices |
| Management And General | 175697 | ManagementAndGeneral |
| Fundraising | 174520 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 495236 | Total |
| Program Services | 479091 | ProgramServices |
| Management And General | 16145 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| STUDENT DINING SERVICES | 4892297 | 4892162 | 135 | |
| STUDY ABROAD/INTERN PRG FEES | 3822472 | 3822472 | ||
| RENTALS/VEHICLES/MAINTENANCE | 3098560 | 2000974 | 1082678 | 14908 |
| BOOKS/PERIODICALS/VIDEOS/DUES | 1011149 | 845655 | 112521 | 52973 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5765517 | Total |
| Program Services | 3994448 | ProgramServices |
| Management And General | 1653218 | ManagementAndGeneral |
| Fundraising | 117851 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129027574 | Total |
| Program Services | 108254278 | ProgramServices |
| Management And General | 18271043 | ManagementAndGeneral |
| Fundraising | 2502253 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16364601 | BOY |
| EOY | 16780569 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2173223 | BOY |
| EOY | 6941184 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2383258 | BOY |
| EOY | 3943031 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 217119 | BOY |
| EOY | 285424 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1733072 | BOY |
| EOY | 1684925 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107226 | BOY |
| EOY | 78733 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1362884 | BOY |
| EOY | 1688933 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 214438217 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 77096429 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139015475 | BOY |
| EOY | 137341788 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49164079 | BOY |
| EOY | 56057427 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108309738 | BOY |
| EOY | 122235907 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1728778 | BOY |
| EOY | 1871998 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 322559453 | BOY |
| EOY | 348909919 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4899739 | BOY |
| EOY | 2043364 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3178373 | BOY |
| EOY | 1312772 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89294341 | BOY |
| EOY | 86125090 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 890805 | BOY |
| EOY | 5653085 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19434244 | BOY |
| EOY | 18769308 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117697502 | BOY |
| EOY | 113903619 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164290497 | BOY |
| EOY | 184464406 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15428488 | BOY |
| EOY | 19537159 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25142966 | BOY |
| EOY | 31004735 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 204861951 | BOY |
| EOY | 235006300 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 322559453 | BOY |
| EOY | 348909919 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 11602777 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 17482546 | ReconciliationUnrealizedInvest |
| Reconcilation Invest Expenses | -1883642 | ReconcilationInvestExpenses |
| Reconcilation Other Changes | 2942668 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $16,250 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 16250 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE C, PART II-B, LINE 1I: | Identifier |
| Explanation | STONEHILL COLLEGE PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITES ON BEHALF OF THEIR MEMBERS. THEREFORE A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. THE COLLEGE PAID A LOBBYING FIRM $16,250 TO WORK ON AICUM ISSUES ON BEHALF OF THE COLLEGE. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 146701998 | BeginningOfYearBalance |
| Contributions | 13257076 | Contributions |
| Investment Earnings Or Losses | 17455290 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1126028 | GrantsOrScholarships |
| Other Expenditures | 5065543 | OtherExpenditures |
| End Of Year Balance | 171222793 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 151225567 | BeginningOfYearBalance |
| Contributions | 1240466 | Contributions |
| Investment Earnings Or Losses | 251946 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1057906 | GrantsOrScholarships |
| Other Expenditures | 4958075 | OtherExpenditures |
| End Of Year Balance | 146701998 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 127606414 | BeginningOfYearBalance |
| Contributions | 2337595 | Contributions |
| Investment Earnings Or Losses | 26967478 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1092638 | GrantsOrScholarships |
| Other Expenditures | 4593282 | OtherExpenditures |
| End Of Year Balance | 151225567 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 115788047 | BeginningOfYearBalance |
| Contributions | 2173378 | Contributions |
| Investment Earnings Or Losses | 15313989 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 786065 | GrantsOrScholarships |
| Other Expenditures | 4882935 | OtherExpenditures |
| End Of Year Balance | 127606414 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 151026653 | BeginningOfYearBalance |
| Contributions | 830098 | Contributions |
| Investment Earnings Or Losses | -30211676 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 887993 | GrantsOrScholarships |
| Other Expenditures | 4969035 | OtherExpenditures |
| End Of Year Balance | 115788047 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.76400 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.23200 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00400 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 752119 | OtherCostOrOtherBasis |
| Book Value | 752119 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 159804326 | OtherCostOrOtherBasis |
| Depreciation | 49612313 | Depreciation |
| Book Value | 110192013 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 485032 | OtherCostOrOtherBasis |
| Depreciation | 320413 | Depreciation |
| Book Value | 164619 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34947018 | OtherCostOrOtherBasis |
| Depreciation | 19206705 | Depreciation |
| Book Value | 15740313 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18449723 | OtherCostOrOtherBasis |
| Depreciation | 7956999 | Depreciation |
| Book Value | 10492724 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 137341788 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FINANCIAL DERIVATIVES & OTHER | Description |
| Book Value | 122235907 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 122235907 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST RATE SWAP AGREEMENTS | $8,382,940 |
| INTEREST & ACCRUED LIABILITIES | $4,943,849 |
| GOVERNMENT ADV. FOR STUD LOANS | $1,086,079 |
| ACCRUED PAYROLL AND OTHER BENEFITS | $4,058,527 |
| ANNUITY OBLIGATIONS | $297,913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 18769308 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 123694857 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 17482546 | NetUnrealizedGainsInvestments |
| Other Revenues | 1283952 | OtherRevenues |
| Revenue Not Rptd F990 | 18766498 | RevenueNotRptdF990 |
| Revenue Subtotal | 104928359 | RevenueSubtotal |
| Other Revenues Not Included | 35701992 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 35701992 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 140630351 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 93550508 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 224926 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 224926 | ExpensesNotRptdF990 |
| Expenses Subtotal | 93325582 | ExpensesSubtotal |
| Other Expenses Not Included | 35701992 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 35701992 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 129027574 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE D, PART III, LINE 1A & LINE 4: | STONEHILL COLLEGE RECORDS ITEMS OF COLLECTIONS AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT STONEHILL COLLEGE. THEY ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER. |
| SCHEDULE D, PART V, LINE 4: | ENDOWMENT FUNDS ARE SPENT IN ACCORDANCE WITH DONOR RESTRICTIONS. THE FUNDS ARE INVESTED TO PRESERVE STONEHILL'S PURCHASING POWER WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE MISSION OF THE COLLEGE. |
| SCHEDULE D, PART X, LINE 2: | STONEHILL COLLEGE'S AUDITED FINANCIAL STATEMENTS DO NOT CONTAIN A FOOTNOTE REGARDING FIN 48. |
| SCHEDULE D, PART XI, LINE 2D: | NET GAIN ON INTEREST RATE SWAP $2,942,668 FUNDRAISING EXPENSES $224,926 INVESTMENT EXPENSES ($1,883,642) ------------ TOTAL $1,283,952 |
| SCHEDULE D, PART XI, LINE 4B: | SCHOLARSHIPS AND OTHER AWARDS $35,701,992 |
| SCHEDULE D, PART XII, LINE 2D: | FUNDRAISING EXPENSES $224,926 |
| SCHEDULE D, PART XII, LINE 4B: | SCHOLARSHIPS AND OTHER AWARDS $35,701,992 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE E, 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, LINE 6A: | THIS INSTITUTION AND ITS STUDENTS PARTICIPATE IN THE FOLLOWING FEDERAL FUNDED PROGRAMS: FEDERAL PELL GRANT, FEDERAL PERKINS LOAN, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT AND FEDERAL WORK STUDY. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | STUDY ABROAD |
| East Asia and the Pacific | Program Services | STUDY ABROAD |
| Middle East and North Africa | Program Services | STUDY ABROAD |
| South America | Program Services | STUDY ABROAD |
| Sub-Saharan Africa | Program Services | STUDY ABROAD |
| North America | Program Services | STUDY ABROAD |
| Central America and the Caribbean | Program Services | STUDY ABROAD |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F, PART I, LINE 3: | Identifier |
| Explanation | THE ORGANIZATION DOES NOT CURRENTLY TRACK FOREIGN EXPENDITURES FOR EACH PROGRAM SEPARATELY. THEREFORE, PURSUANT TO IRS GUIDANCE, DISCLOSURE IN THIS COLUMN IS NOT REQUIRED IN THE CURRENT YEAR. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| KATHY MILLER AND ASSOCIATES LLC | FUNDRAISING CONSULTING | false | 60560 | 19392 | 41168 |
| WASHBURN MCGOLDRICK INC | FUNDRAISING CONSULTING | false | 16652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 60560 | TotalGrossReceipts |
| Total Retained By Contractors | 36044 | TotalRetainedByContractors |
| Total Net To Organization | 41168 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 147346 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 96061 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 51285 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 2263 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 57896 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 9266 | OtherDirectExpensesEvent1 |
| Name Of Event2 | DINNER | NameOfEvent2 |
| Gross Receipts Event2 | 103500 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 74300 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 29200 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 68221 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 20648 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 7 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 164658 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 112162 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 52496 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 66632 | RentFacilityCostsOtherEvents |
| Gross Receipts Total | 415504 | GrossReceiptsTotal |
| Charitable Contributions Total | 282523 | CharitableContributionsTotal |
| Gross Revenue Total Events | 132981 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 2263 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 124528 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 68221 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 29914 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 224926 | DirectExpenseSummaryEvents |
| Net Income Summary | -91945 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE G, PART I: | Identifier |
| Explanation | SERVICES PROVIDED BY WASHBURN & MCGOLDRICK, INC. WERE NOT ASSOCIATED WITH ANY SPECIFIC FUNDRAISING EVENT. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION ASSISTANCE | TypeOfGrant |
| Number Of Recipients | 2241 | NumberOfRecipients |
| Amount Of Cash Grant | 35701992 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE I, PART I, LINE 2: | 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. |
| SCHEDULE I, PART III: | CASH GRANTS ARE CREDITS TO STUDENT ACCOUNTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEANNE M FINLAYSON | ||||||||||||
| VICE PRES OF FINANCE/TREASURER | 207528 | 0 | 10000 | 439 | 26067 | 0 | 56822 | 0 | 300856 | 0 | 0 | 0 |
| THOMAS V FLYNN | ||||||||||||
| CLERK/GENERAL COUNSEL | 139327 | 0 | 5000 | 108 | 15737 | 0 | 22922 | 0 | 183094 | 0 | 0 | 0 |
| CRAIG BINNEY | ||||||||||||
| ASSOC. VP OF FINANCE | 166878 | 0 | 3000 | 322 | 19481 | 0 | 91804 | 0 | 281485 | 0 | 0 | 0 |
| SHEILA CONBOY | ||||||||||||
| PROVOST/VP OF ACADEMIC AFFAIRS | 207889 | 0 | 10000 | 443 | 25978 | 0 | 54145 | 0 | 298455 | 0 | 0 | 0 |
| FRANCIS DILLON | ||||||||||||
| VICE PRESIDENT FOR ADVANCEMENT | 186152 | 0 | 7500 | 1071 | 22121 | 0 | 9905 | 0 | 226749 | 0 | 0 | 0 |
| JOSEPH FAVAZZA | ||||||||||||
| ASSOC. VP OF ACAD. AFFAIRS | 176854 | 0 | 5000 | 680 | 21541 | 0 | 73136 | 0 | 277211 | 0 | 0 | 0 |
| JAMES B LEE | ||||||||||||
| FACULTY - PROFESSOR | 145233 | 0 | 0 | 1405 | 15766 | 0 | 23353 | 0 | 185757 | 0 | 0 | 0 |
| ROBERT ROSENTHAL | ||||||||||||
| FACULTY - PROFESSOR | 136204 | 0 | 0 | 706 | 15277 | 0 | 9007 | 0 | 161194 | 0 | 0 | 0 |
| TAMARA ANDERSON | ||||||||||||
| CHIEF INFORMATION OFFICER | 137664 | 0 | 3000 | 483 | 16233 | 0 | 58307 | 0 | 215687 | 0 | 0 | 0 |
| CHRISTOPHER LYDON | ||||||||||||
| VP FOR ENROLLMENT & MARKETING | 187135 | 0 | 15000 | 379 | 22565 | 0 | 35738 | 0 | 260817 | 0 | 0 | 0 |
| JOHN SCHATZEL | ||||||||||||
| FACULTY - PROFESSOR | 128359 | 0 | 0 | 630 | 13834 | 0 | 16510 | 0 | 159333 | 0 | 0 | 0 |
| ROBERT CARVER | ||||||||||||
| FACULTY - PROFESSOR | 129345 | 0 | 0 | 374 | 12761 | 0 | 22169 | 0 | 164649 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE J, PART I: | STONEHILL COLLEGE PAID FOR PROFESSIONAL SERVICES BASED ON MARKET COMPENSATION AND BENEFITS, TOTALING $1,253,151 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 HOUSING ON CAMPUS. |
| SCHEDULE J, PART I, LINE 7: | THE COLLEGE HAS A PERFORMANCE-BASED BONUS PROGRAM TO RECOGNIZE EXTRAORDINARY ACHIEVEMENT. EMPLOYEES ARE NOMINATED AND MUST BE REVIEWED AND APPROVED BY THE PRESIDENT TO RECEIVE A BONUS. |
| FORM 990, PART VII & SCHEDULE J, PART II: | THE AMOUNT OF $42,838 REPORTED IN PART VII OF FORM 990 FOR THE PRESIDENT, REV. MARK CREGAN, INCLUDES HEALTHCARE, AN AUTO, AND THE VALUE OF HOUSING, WHICH IS PROVIDED BOTH AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF STONEHILL COLLEGE. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| MHEFA SERIES H | ||||||||
| A | 042456011 | 57585K7D4 | 2003-08-27 | 12263861 | REFINANCE SERIES E 3/1/92 | false | false | false |
| MHEFA SERIES K | ||||||||
| B | 042456011 | 57586CV77 | 2008-04-03 | 68920000 | REFINANCE SERIES I, J, PARTIAL G | false | false | false |
| MHEFA SERIES L | ||||||||
| C | 042456011 | 57586ELC3 | 2009-08-05 | 22197354 | CONSTRUCT 250 BED RESIDENCE HALL | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 6665000 | 0 | 12263861 | 0 | 0 | 0 | 244504 | 0 | 0 | 0 | 12019357 | 0 | 1992 | true | false | true | true |
| B | 8575000 | 0 | 68920000 | 0 | 0 | 0 | 352549 | 34777 | 0 | 0 | 68532674 | 0 | 2009 | true | false | true | true |
| C | 1645000 | 0 | 22197354 | 0 | 0 | 0 | 385520 | 0 | 0 | 21811834 | 0 | 0 | 2010 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | ||||||||||
| B | 0.00016 | false | true | false | false | 0.00968 | 0.00984 | false | false | false | true |
| C | 0 | false | false | false | false | false | false | false | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||||||
| A | false | false | true | false | false | false | false | 0 | false | true | ||
| BANK OF AMERICA NA | ||||||||||||
| B | false | false | true | false | true | true | false | 0 | true | true | false | false |
| 0 | ||||||||||||
| C | false | true | false | false | false | false | false | 0 | false | true | ||
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | true |
| B | true |
| C | true |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K, PART II, LINE 13: | Identifier |
| Return Reference | 0 | ReturnReference |
| Explanation | YEAR OF SUBSTANTIAL COMPLETION - FOR BOND ISSUE A AND BOND ISSUE B, YEAR OF SUBSTANTIAL COMPLETION REFERS TO THE PROJECTS FINANCED BY PROCEEDS OF THE REFUNDED BONDS. SCHEDULE K, PART III: IN ACCORDANCE WITH THE INSTRUCTIONS FOR SCHEDULE K (FORM 990), PART III HAS NOT BEEN COMPLETED FOR BOND ISSUE A SINCE BOND ISSUE A REFUNDED PRE-2003 BONDS. SCHEDULE K, PART IV, COLUMN B, LINE 4C: THERE ARE 3 TERMS TO THE INTEREST RATE SWAP: 20.2 YEARS 20.1 YEARS 29.1 YEARS SCHEDULE K, PART V: AS OF DECEMBER 2012, STONEHILL HAS IMPLEMENTED WRITTEN PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WB MASON | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE IS CEO | Relationship |
| Amount Of Transaction | 913073 | AmountOfTransaction |
| Description Of Transaction | OFFICE PRODUCTS | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 255936 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE M, PART I, COLUMN B: | Identifier |
| Explanation | AMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FORM 990, PART III, LINE 1: | ORGANIZATION'S 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. |
| FORM 990, PART VI - SECTION A, LINE 1A: | 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 2: LARRY SALAMENO AND THERESA SALAMENO HAVE A FAMILY RELATIONSHIP. | |
| FORM 990, PART VI - SECTION A, LINES 6 & 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 PRICEWATERHOUSECOOPERS LLP 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 15A & 15B: | 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 VOTED UPON BY THE BOARD. 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 FY '13 WAS $1,253,151. | |
| 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 HTTP://EMMA.MSRB.ORG, WHERE THEY ARE AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART XI, LINE 9: | OTHER CHANGES IN NET ASSETS: UNREALIZED GAIN ON INTEREST RATE SWAPS $2,942,668 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (2) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | FUNDRAISING | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
| Type Of Entity | T | TypeOfEntity |
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (2) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionType |
| Amount Involved | 52000 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |