2012-03-27T08:59:25-05:00 2011-06-30 HESSION & PARE PC 62 STARK STREET MANCHESTER NH 031011970 990 2010-07-01 020309681 MAGDALEN COLLEGE MAGD 6034562656 511 KEARSAGE MOUNTAIN ROAD WARNER NH 032789206 GEORGE A HARNE 6034562656 2012-03-22 true JOHN A HESSION CPA 6036695477 2012-03-24 2010 2016-02-24 21:20:13Z GEORGE A HARNE 511 KEARSAGE MOUNTAIN ROAD WARNER NH 032789206 1980843 false X WWW.MAGDALEN.EDU X 1973 NH ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. 10 10 42 30 0 203880 309378 1492139 1188264 20655 -640416 110394 92445 1827068 949671 246956 183930 0 1062166 1038425 0 232846 1027522 1146865 2336644 2369220 -509576 -1419549 6391128 5175599 1584745 1817294 4806383 3358305 X ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. false false 1597793 183930 THE COLLEGE PROGRAM OF STUDIES OFFERS ASSOCIATE AND BACHELOR OF ARTS DEGREES OVER A TWO TO FOUR YEAR COURSE OF FULL-TIME STUDY. THE PROGRAM IS AN INTEGRATED PROGRAM OF LIBERAL ARTS AND ROMAN CATHOLIC THEOLOGY TAUGHT IN THE SOCRATIC SEMINAR PEDAGOGICAL METHOD. 1597793 true false false false false false false false false true true false false false true false true false true false false false false false false false false false true false false false false true false false false false false false false false false false false false false false true 4 0 42 true false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false NH X GEORGE A HARNE 6034562656 511 KEARSAGE MOUNTAIN ROAD WARNER NH 03278 X JOHN J BISGROVE 2.00 X X 0 0 0 DAVID CURRIER 2.00 X X 0 0 0 JOSEPH GEMMELL 2.00 X 0 0 0 MICHAEL MCGRATH 2.00 X 0 0 0 ANDY LAVALLEE 2.00 X 0 0 0 GEORGE A HARNE PHD 60.00 X X 0 0 0 MICHAEL KANE 2.00 X 0 0 0 ROBERT LLOYD ESQ 2.00 X 0 0 0 REBECCA VINSON 40.00 X X 0 0 0 false false false 309378 309378 TUITION, ROOM, & BOARD - NET 611600 1162764 1162764 SUMMER PROGRAM 611600 25500 25500 1188264 3819 3819 26937 360000 20037 1011135 6900 -651135 -644235 -644235 OTHER REVENUE 900099 92445 92445 92445 949671 640293 183930 183930 811578 491696 190172 129710 5149 1782 828 2539 161590 70235 70848 20507 60108 37711 12561 9836 12767 12767 12009 12009 35221 18189 10902 6130 30997 24918 6079 43656 27192 3396 13068 181022 181022 19244 3664 4812 10768 7552 630 6697 225 39518 39518 265667 265667 54084 54084 FOOD SERVICES 96552 94277 320 1955 BAD DEBT 77678 77678 PROPERTY TAX 58165 58165 PROGRAM EXPENSES 53280 53280 REPAIRS AND MAINTENANCE 39945 39945 119508 45490 41989 32029 2369220 1597793 538581 232846 2367 41695 11486 5302 167300 343656 235019 54243 8526023 4016586 5822720 4509437 119277 115947 32959 105319 6391128 5175599 147576 124287 62000 462976 332943 292637 1042226 937394 1584745 1817294 X 4799547 3351469 6836 6836 4806383 3358305 6391128 5175599 -1419549 -28529 X false true true X false X false false false false false false false 6836 6836 6836 6836 35731 28895 6836 1.00000 false false false 258475 258475 7534340 3393482 4140858 733208 623104 110104 4509437 LINE OF CREDIT 496757 PENSION ANNUITY OBLIGATION 384976 CHARITABLE GIFT ANNUITY 55661 NOTE PAYABLE-DURWARD'S GLEN VEHICLE LOAN 937394 949671 2369220 -1419549 10003 -38532 -28529 -1448078 921142 10003 10003 911139 38532 38532 949671 2369220 2369220 2369220 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 CHANGE IN PENSION LIABILITY -38,532 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B CHANGE IN PENSION LIABILITY 38,532 true true true true true true true false false false false false false false false false false true true SCHOLARSHIP 50 183930 FMV TUITION ASST DAVID CURRIER X 235000 192637 false true true JOHN BISGROVE X 100000 100000 false true true 292637 ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND THEN FORWARDED TO THE FULL BOARD OF TRUSTEES FOR FINAL REVIEW AND APPROVAL. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS CONFLICT OF INTEREST COMPLIANCE AT EACH BOARD MEETING COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND ALL KEY EMPLOYEES ARE MEMBERS OF THE FACULTY AND ARE PAID ON THE FACULTY SALARY SCALE WITH NO ADJUSTMENTS FOR THEIR POSITION. THE FACULTY SCALE'S ARE REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.