2012-05-11T10:59:52-07:00 2011-06-30 990 2010-07-01 020222182 SAINT ANSELM COLLEGE SAIN 6036417000 100 Saint Anselm Drive Manchester NH 03102 Fr Mark Cooper OSB 6036417102 2011-12-21 2010 2016-02-24 21:20:13Z Fr Mark Cooper 100 Saint Anselm Drive Manchester NH 03102 104293109 0 X www.anselm.edu X 1889 NH To provide a Catholic, liberal arts education in the Benedictine tradition to undergraduate students who are capable of benefiting from such an education and who wish to be a part of a community that embodies Christian and Catholic principles. 36 36 1939 100 0 0 11666570 6425271 72141909 81336488 1164732 2765433 1564989 29809 86538200 90557001 27456801 27172465 0 0 32102688 32705894 0 0 1782863 20685777 27847239 80245266 87725598 6292934 2831403 206941523 223916475 80758056 76910936 126183467 147005539 To Provide a Catholic, liberal arts education in the Benedictine tradition to undergraduate students who are capable of benefiting from such an education and who wish to be a part of a community that embodies Christian and Catholic principles. 0 0 81807652 27172465 81336488 Educational Services - Saint Anselm College, a New Hampshire not-for-profit (voluntary) corporation, is a Catholic undergraduate liberal arts college in the Benedictine tradition. The college was established in 1889. It is accredited by the New England Association of Schools and Colleges. Approximately 1,900 students from approximately 24 states and 8 foreign countries attend the college. 0 0 0 81807652 1 1 0 1 0 0 0 1 0 1 1 1 0 1 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 209 0 1 1939 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NH X Father Mark Cooper OSB 6036417100 100 Saint Anselm Drive Manchester NH 03102 Right Rev Matthew K Leavy OSB 10 X X 0 0 0 Bro Isaac T Murphy OSB 10 X X 0 0 0 Rev Peter J Guerin OSB 10 X X 0 0 0 Rev Mark A Cooper OSB 40 X X 0 0 0 Rev Jonathan P DeFelice OSB 40 X X 0 0 0 Mr Edward A Hjerpe 2 X X 0 0 0 Atty Chuck W Pollard 2 X X 0 0 0 Ms Joanne Pietrini-Smith 1 X X 0 0 0 Hon Maurice L Arel 1 X 0 0 0 Mr Richard L Bready 1 X 0 0 0 Dr Marie Chabot-Fletcher 1 X 0 0 0 Dr Joyce C Clifford 1 X 0 0 0 Mr Robert P Connor 1 X 0 0 0 Ms Jeannette M Davila 1 X 0 0 0 Rev Jerome Day OSB 10 X 0 0 0 Mr Stephen J Ellis 1 X 0 0 0 Dr William J Farrell 1 X 0 0 0 Mr Daniel T Flatley 1 X 0 0 0 Mr Roger L Jean 1 X 0 0 0 Mr Richard J Meelia 1 X 0 0 0 Mr Thomas A Melucci 1 X 0 0 0 Mr Frank A Piantidosi 1 X 0 0 0 Mr Michael Riegel 1 X 0 0 0 Mr Charles F Rolecek 1 X 0 0 0 Mr Barry F X Smith 1 X 0 0 0 Rev William Sullivan OSB 10 X 0 0 0 Bro Andrew Thornton OSB 10 X 0 0 0 Dr Denise T Askin 1 X 0 0 0 Dr Timothy R Austin 1 X 0 0 0 Ann M Catino Esq 1 X 0 0 0 Mr Charles A Crowley 1 X 0 0 0 Mrs Geraldine H DeLuca 1 X 0 0 0 Mr Kevin J Gould 1 X 0 0 0 Msgr William P Fay 1 X 0 0 0 Mrs Dorothy R Musho 1 X 0 0 0 Mr Joseph E Sweeney 1 X 0 0 0 Suzanne Mellon 40 X 197311 0 21948 James F Flanagan 40 X 188471 0 30718 Bradley Poznanski 40 X 129051 0 88002 Joseph M Horton 40 X 124726 0 27134 Anne Botteri 40 X 124644 0 44291 Margaret Bourque 40 X 114720 0 10376 Sharon George 40 X 113630 0 9703 992553 0 232172 16 0 1 0 Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 Services of monastic community 1415103 New Boston Mechanical Services LLC 149 McCurdy Road New Boston NH 03070 Fire sprinkler systems 665469 Barkleyrei PO Box 876270 Kansas City MO 64187 Web site Development 152261 Hawthorne Land Development LLC 3 Baldwin Green Common Woburn MA 01801 Property improvements 150000 4 0 0 17400 28000 1899179 4480692 147100 6425271 Student tuition, fees, room & board 611310 81336488 81336488 0 0 0 0 0 0 81336488 1714092 0 0 1714092 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14650592 110352 13633715 75888 1016877 34464 1051341 0 0 1051341 56314 17400 26505 29809 0 29809 0 0 0 0 0 0 0 0 0 0 0 0 0 90557001 81336488 0 2795242 0 0 27172465 27172465 0 0 0 0 395138 0 198900 196238 0 0 0 0 25637811 23118137 1822906 696768 1705767 1538125 121284 46358 3259556 2918438 203783 137335 1707622 1539656 99975 67991 0 0 0 0 46584 16087 30497 0 69614 0 69614 0 75000 0 75000 0 0 0 354143 0 354143 0 29853 0 29853 0 86932 62625 24307 0 2719795 2494150 111326 114319 702346 702346 0 0 0 0 0 0 3429688 3429688 0 0 888224 729345 92302 66577 0 0 0 0 656562 441958 144592 70012 3215008 3215008 0 0 0 0 0 0 3840643 2985643 624150 230850 676637 670188 6449 0 Dining Services Cost of Goods Sold 5158518 5158518 0 0 Maintenance 1889734 1857956 31778 0 Books and periodicals 485237 483845 1392 0 Postage 279727 211066 13076 55585 Dining and room rebates 261218 261218 0 0 2981776 2801190 79756 100830 87725598 81807652 4135083 1782863 477193 448157 11343173 7136878 4390206 4554821 685747 1237134 0 0 0 0 4494542 6736275 633462 736994 1149806 1318160 138483775 54417805 83976052 84065970 67510047 74278961 19603203 30861689 0 0 0 12678092 12541436 206941523 223916475 4692030 4240867 0 0 1364816 1348184 60265000 59070000 0 0 0 0 0 0 4014861 3588180 10421349 8663705 80758056 76910936 X 81450622 94609616 19356646 26049172 25376199 26346751 126183467 147005539 206941523 223916475 X 2831403 17990669 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 2500 0 1 75000 77500 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Line 1i: Payments are made to Granite Edge Consulting (Lobbyist), located in Concord, NH. NH lobbyist registration #40754. Granite Edge Consulting lobbies the New Hampshire legislature on behalf of the college in regards to issues affecting higher education and budget appropriations. 0 0 X X X 0 68661499 738330 15740561 2540595 -1296311 0 83896106 61324447 1138626 8905771 2707345 0 0 68661499 77922118 1458957 -15154861 2883065 18702 0 61324447 0.576 0.262 0.162 0 0 0 11342719 11342719 0 98967930 33345936 65621994 0 0 0 0 0 26819846 21071869 5747977 0 1353280 0 1353280 84065970 0 F 2720081 F Alternative Hedge Funds 21750632 F Collective Trusts 6390976 F 30861689 Donated real estate for sale 4477711 Beneficial interest in trusts 4370487 Funds held under bond agreement 1989855 Land in life estates 1144000 Bond issuance costs 559383 12541436 0 Interest rate swap agreements 6300434 Obligations under split-interest agreements 1633680 Other liabilities 729591 8663705 90557001 87725598 2831403 16050200 0 0 0 1940469 17990669 20822072 108287782 16050200 0 0 1940469 17990669 90297113 259888 0 259888 90557001 87465710 0 0 0 0 0 87465710 259888 0 259888 87725598 SchD_P03_S00_L01 Schedule D, Part III, Line 1 The college holds certain collections of works of art and furnishings. These collections are housed in a protected environment and are used for exhibitions for the public, for education and research, as well as for the furtherance of service to the public. These collections are not disposed of for financial gains nor are they encumbered in any way. Accordingly, these collections are not capitalized or recorded for purposes of these financial statements. SchD_P03_S00_L04 Schedule D, Part III, Line 4 The college holds certain collections of works of art and furnishings. These collections are housed in a protected environment and are used for exhibitions for the public, for education and research, as well as for the furtherance of service to the public. These collections are not disposed of for financial gains nor are they encumbered in any way. Accordingly, these collections are not capitalized or recorded for purposes of these financial statements. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The college's endowment consists of board-designated funds and funds contributed to the college, the income from which is to be used for scholarships, capital improvements, faculty endowments, and library endowments. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The college is a not-for-profit organization that is generally exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provisions for income taxes related to tax exempt activities is recorded in the financial statements. The college recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. There have been no material changes in unrecognized benefits during the years ended June 30, 2011 and 2010. It is the college's policy to record estimated interest and penalties (if any) as part of management and general expense. Management believes that the college's income tax returns for fiscal years ending prior to June 30, 2008 are no longer subject to examination by tax authorities in its major tax jurisdictions. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 $1,940,469 represents the unrealized gains on the college's interest rate swaps. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d $1,940,469 represents the college's unrealized gains on interest rate swaps. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 As the college draws students throughout the Northeastern United States, it is impractical to solicit students via newspaper or broadcast media. Therefore, its racial nondiscriminatory policy is communicated through recruitment brochures and the college's website. SchE_P01_S00_L06 Schedule E, Part I, Line 6 The college receives amounts for student financial assistance from the U.S. Department of Education. It also receives various other grants from the U.S. Department of Commerce and the U.S. Department of Health and Human Services as well as the state of New Hampshire. Europe (including Iceland and Greenland) 0 3 Program Services Instruction 42537 0 3 42537 0 0 0 0 0 0 SchF_P01_S00_L03 Schedule F, Part I, Line 3 The expenditures were for Summer instruction in Italy as part of the college's study abroad program. Golf tournament 73714 17400 56314 1000 1845 16400 0 0 7260 0 0 73714 17400 56314 1000 1845 16400 0 0 7260 26505 29809 1 Scholarships 1797 27172465 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The college's Financial Aid office monitors all recipients of scholarship awards to determine both initial and continuing eligibility based upon the criteria for each type of award. Various criteria may include, but is not limited to, academic performance, financial need, or other criteria established by donors of scholarship funds. X X 0 0 0 0 0 0 0 0 0 Suzanne Mellon 197311 0 0 0 0 0 15600 0 6348 0 219259 0 0 0 James F Flanagan 178471 0 10000 0 0 0 14607 0 16111 0 219189 0 0 0 Bradley Poznanski 129051 0 0 0 0 0 10800 0 77202 0 217053 0 0 0 Anne Botteri 124644 0 0 0 0 0 10229 0 34062 0 168935 0 0 0 Joseph M Horton 124726 0 0 0 0 0 10270 0 16864 0 151860 0 0 0 NH Health & Education Facilities Authority 020279866 644614YS2 2009-07-01 61415000 Current refunding of revenue bonds 0 0 0 NH Health & Education Facilities Authority 020279866 644614WJ4 2008-05-15 62215000 Refunding of previous issues and new projects 1 0 0 0 0 61415000 0 0 61415000 0 0 0 0 0 0 2009 1 0 1 1 800000 61415000 64259370 0 902977 48761361 595032 0 0 12544630 0 1455370 2012 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 1 Piper Jaffrey & Co 28.9 0 0 0 0 0 1 1 1 Piper Jaffrey & Co 28.9 0 0 0 0 0 SchK_P02_S00_L03 Schedule K, Part II, Line 3 Column B: In addition to the $62,215,000 issue price, $2,044,370 was transferred from prior bond funds. SchK_P04_S00_L03a Schedule K, Part IV, Line 3a The interest rate swap agreements only apply to one of the two bond issues. They were originally part of the 2008 bond issue in column B which was subsquently defeased. X 15 126794 Fair market value X Red Sox tickets 8 1140 Fair market value X Golf equipment 1 2700 cost X Paper products 1 5000 Fair market value X Special events 2 11466 Cost 0 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The college uses two brokerage accounts in which donated stocks are deposited. The brokerage firms are instructed to sell the stock as soon as practicable after receipt. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The college has members who are religious individuals in solemn vows. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The college's members elect four individuals to the governing board. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Questions regarding the mission and sale of campus property are subject to approval by the members of the organization. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The college provides the final draft of the form 990 to all members of the governing body once the audit committee has reviewed it and recommended approval. The Executive Committee then reviews it and votes their approval once any questions or issues have been satisfactorily answered or resolved. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A written copy of the Conflict of Interest Policy is distributed annually to the members of the Governing Board and key employees who are asked to complete the form indicating they are in compliance with the policy and / or disclosing any potential conflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation process for top official: The CEO position is held by a member of the religious Order of Saint Benedict and is not paid directly. The compensation amount for that position is paid to the Order of Saint Benedict and the amount is determined based on an analysis of compensation amounts for the same position in institutions of similar size and scope. Compensation process for officers: The compensation amount for key employees is determined based on an analysis of compensation amounts for similar positions in institutions of similar size and scope and CUPA-HR. Compensation decisions and reports are contemporaneously documented in the minutes of the meeting of the Compensation Committee when the decisions are made. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The college makes its governing documents, conflict of interest policy and financial statements available to the public on its website (anselm.edu). F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gains on investments not included in the 990 were $16,050,200 and unrealized gains on interest rate swaps not included in the 990 were $1,940,469. Saint Anselm Abbey 100 Saint Anselm Drive Manchester NH 03102 264322319 Monastery NH 501(c)3 1 N/A 0 Benedictine Fathers of the Priory 320 Portola Road Portola Valley CA 94028 941399274 High school CA 501(c)(3) 2 N/A 0 0 0 1 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 Saint Anselm Abbey k 0 The College is not required to complete this section as neither of the two related organizations are controlled entities.