2026-04-14T09:46:44-05:00 2025-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-07-01 042104229 STONEHILL COLLEGE INC STON 5085651345 320 WASHINGTON STREET EASTON MA 02357 JEANNE FINLAYSON VP FINANCE & TREASURER 5085651337 2026-04-07 1 1 BRENDA L BOOTH P01342395 6178075000 2024 2025-03-06 01:10:19Z REV JOHN DENNING CSC 320 WASHINGTON STREET EASTON MA 02357 231456363 0 X WWW.STONEHILL.EDU X 1934 MA STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED AND GUIDED BY THE CONGREGATION OF HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, COMMITTED TO FOSTERING A CULTURE WHERE DIFFERENCES ARE AFFIRMED AND ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON.THROUGH ITS UNDERGRADUATE AND GRADUATE PROGRAMS IN LIBERAL ARTS, SCIENCES AND BUSINESS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND INTERCHANGE OF IDEAS.IN FULFILLMENT OF ITS MOTTO, LUX ET SPES, STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS AND LEADS WITH COURAGE TO CREATE A MORE JUST AND COMPASSIONATE WORLD 34 33 1553 700 371221 0 5103366 18595637 175278953 187197662 16791668 16353232 -10884 -4001 197163103 222142530 82619535 90751197 0 0 61794471 64543560 0 0 2712651 48119382 50326039 192533388 205620796 4629715 16521734 517077367 542558388 100980467 96292737 416096900 446265651 X STONEHILL COLLEGE, A CATHOLIC INSTITUTION OF HIGHER LEARNING FOUNDED AND GUIDED BY THE CONGREGATION OF HOLY CROSS, IS A COMMUNITY OF SCHOLARSHIP AND FAITH, COMMITTED TO FOSTERING A CULTURE WHERE DIFFERENCES ARE AFFIRMED AND ANCHORED BY A BELIEF IN THE INHERENT DIGNITY OF EACH PERSON.THROUGH ITS UNDERGRADUATE AND GRADUATE PROGRAMS IN LIBERAL ARTS, SCIENCES AND BUSINESS, STONEHILL COLLEGE PROVIDES AN EDUCATION OF THE HIGHEST CALIBER THAT FOSTERS CRITICAL THINKING, FREE INQUIRY AND INTERCHANGE OF IDEAS.IN FULFILLMENT OF ITS MOTTO, LUX ET SPES, STONEHILL COLLEGE EDUCATES THE WHOLE PERSON SO THAT EACH STONEHILL GRADUATE THINKS, ACTS AND LEADS WITH COURAGE TO CREATE A MORE JUST AND COMPASSIONATE WORLD. 0 0 188499803 90751197 186900293 STONEHILL IS A SELECTIVE CATHOLIC COLLEGE LOCATED NEAR BOSTON ON A BEAUTIFUL 384 ACRE CAMPUS IN EASTON, MASSACHUSETTS. WITH A STUDENT:FACULTY RATIO OF 12:1 THE COLLEGE ENGAGES 2,599 STUDENTS IN 80+ RIGOROUS ACADEMIC PROGRAMS IN THE LIBERAL ARTS, SCIENCES, AND PRE-PROFESSIONAL FIELDS. THE COLLEGE ALSO OFFERS MASTERS PROGRAMS IN MARKETING, BUSINESS ADMINISTRATION, DATA ANALYTICS,AND EDUCATION. 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. 188499803 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 457 0 1 1553 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 34 33 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA X JEANNE M FINLAYSON 5085651337 320 WASHINGTON STREET EASTON MA 02357 REV JOHN DENNING CSC PRESIDENT 35.00 0.00 X X 0 0 44235 VICKI C BALSAMO BOARD MEMBER 1.00 0.00 X 0 0 0 REV E WILLIAM BEAUCHAMP CSC BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS BOGAN BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICK D BURKE BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL P DEVASTO BOARD MEMBER 1.00 0.00 X 0 0 0 BRIAN F DOHERTY BOARD MEMBER 1.00 0.00 X 0 0 0 REV ROBERT DOWD CSC BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN E DREW BOARD MEMBER 1.00 0.00 X 0 0 0 MEACHAN EICHMANN BOARD MEMBER 1.00 0.00 X 0 0 0 ELIZABETH G HAYDEN BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL W HERLIHY BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETER A JARRET CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV WILLIAM M LIES CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV THOMAS P LOONEY CSC BOARD MEMBER 1.00 0.00 X 0 0 0 JUAN F LOPERA BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS J MAY BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETE MCCORMICK CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV CHARLES MCCOY CSC BOARD MEMBER 1.00 0.00 X 0 0 0 LEO J MEEHAN III BOARD MEMBER 1.00 0.00 X 0 0 0 KATHLEEN MILLER BOARD MEMBER 1.00 0.00 X 0 0 0 MARSHA A MOSES BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES KEITH MOTLEY BOARD MEMBER 1.00 0.00 X 0 0 0 SAMUEL E NAVARRO BOARD MEMBER 1.00 0.00 X 0 0 0 REV GERARD OLINGER CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV HUGH R PAGE JR BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICIA M MCCARTAN PRUE BOARD MEMBER 1.00 0.00 X 0 0 0 JEAN M RAYMOND BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT F RIVERS BOARD MEMBER 1.00 0.00 X 0 0 0 REV BROGAN RYAN CSC BOARD MEMBER 1.00 0.00 X 0 0 0 REV JOHN J RYAN CSC BOARD MEMBER 1.00 0.00 X 0 0 0 JUDITH A SALERNO BOARD MEMBER 1.00 0.00 X 0 0 0 THOMAS A SHIELDS BOARD MEMBER 1.00 0.00 X 0 0 0 REV PETER J WALSH CSC BOARD MEMBER 1.00 0.00 X 0 0 0 JEANNE M FINLAYSON VP FOR FINANCE & TREASURER 35.00 0.00 X 301632 0 47962 THOMAS V FLYNN CLERK/GENERAL COUNSEL 35.00 0.00 X 203178 0 115586 DOUGLAS J SMITH VP FOR ADVANCEMENT 35.00 0.00 X 235414 0 25625 CRAIG BINNEY ASSOC. VP OF FINANCE 35.00 0.00 X 215399 0 51741 PETER UBERTACCIO VP FOR ACADEMIC AFFAIRS & PROVOST 35.00 0.00 X 249164 0 48845 PAULINE M BURKE VP FOR STUDENT AFFAIRS 35.00 0.00 X 201783 0 108566 SCOTT SESESKE VP FOR ENROLLMENT MANAGEMENT 35.00 0.00 X 159810 0 44215 JOHN B DUGGAN DEAN, SCHOOL OF BUSINESS 35.00 0.00 X 183046 0 50398 TAMARA ANDERSON CHIEF INFORMATION OFFICER 35.00 0.00 X 188131 0 34718 CHRISTOPHER G KRAUS HEAD COACH - MEN'S BASKETBALL 35.00 0.00 X 182092 0 49768 DEAN R O'KEEFE DIR. OF ATHLETICS / AVP STUDENT AFFAIRS 35.00 0.00 X 181252 0 104880 JINGZHI G MENG FACULTY - PROFESSOR 35.00 0.00 X 179634 0 26210 2480535 0 752749 133 0 1 0 BON APPETIT MANAGEMENT CO 2113 VALLEY AVENUE WILMINGTON DE 19810 FOOD SERVICES 8865800 CONGREGATION OF HOLY CROSS US PROVINC PO BOX 774 NOTRE DAME IN 46556 ADMIN & INSTRUCTIONAL SERVICES 1387812 ACADEMIC STUDIES ABROAD INC 72 RIVER PARK ST STE 104 NEEDHAM HEIGHTS MA 02025 STUDY ABROAD SERVICES 1143049 BLOOM'S BUS LINES INC 28 GROSVENOR STREET TAUNTON MA 02780 TRANSPORTATION 483033 ANANIA PLUMBING AND HEATING 244 LIBERTY STREET UNIT 10 BROCKTON MA 02301 PLUMBING & HVAC 368989 41 233608 1259934 17102095 96673 18595637 TUITION AND FEES 900099 145568938 145568938 AUXILLARY SERVICES 900099 35712419 35415050 297369 OTHER EDUCATIONAL SERVICES 900099 5916305 5916305 187197662 4697426 73852 4623574 20885186 9229380 11655806 11655806 11655806 80452 233608 84453 -4001 -4001 222142530 186900293 371221 16275379 50000 50000 90701197 90701197 1794894 718344 819470 257080 48503688 42163635 4675903 1664150 3837878 3271977 419307 146594 6601985 5628512 721300 252173 3805115 3244045 415728 145342 83346 30000 53346 185378 185378 1005337 1005337 5348592 4352213 985813 10566 688100 595912 92188 2239389 1886225 240121 113043 1705256 852628 852628 6607549 6443667 163162 720 3081452 3025450 56002 9361981 8363239 998742 1156374 971990 184384 DINING SERVICES 7487345 7470751 14061 2533 TRAVEL/FOOD/ENTERTAINME 5133300 4720149 340051 73100 MEMBERSHIP/SUBSCRIPTION 1072192 821393 227151 23648 EQUIPMENT RENTAL 1033217 610731 410329 12157 4137231 2577745 1547941 11545 205620796 188499803 14408342 2712651 21680683 23568222 7743432 17486563 1320789 1995003 35064 23292 1496354 1721674 320942400 159148619 167617974 161793781 38974107 38803696 268451132 287485543 9757832 9680614 517077367 542558388 1617508 2463822 80722323 74607327 18640636 19221588 100980467 96292737 X 304467935 316202676 111628965 130062975 416096900 446265651 517077367 542558388 X 16521734 14017208 -370191 X 0 1 X 1 1 1 X 13274995 13628895 7532999 5103366 18595637 58135892 13274995 13628895 7532999 5103366 18595637 58135892 13476740 44659152 1858311 3771691 4269749 4083100 4697426 18680277 16495 88537 91644 69708 80452 346836 77163005 812210398 0.57880 0.74030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 0 PART II-B, LINE 1: STONEHILL COLLEGE PAYS MEMBERSHIP DUES TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. THEREFORE A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE ATTRIBUTABLE TO LOBBYING ACTIVITIES. X X 0 306928702 2668242 29167745 3630223 8660138 326474328 290568570 990507 27125705 3519432 8236648 306928702 295106757 3917369 2885089 3770425 7570220 290568570 307883077 2832672 -5545278 3562740 6500974 295106757 218832717 2517781 95389254 2498596 6358079 307883077 0.66717 0.16857 0.16426 1 0 1435939 1435939 246961445 105293095 141668350 4944836 1292601 3652235 47547267 37794519 9752748 20052913 14768404 5284509 161793781 HEDGE FUNDS & PRIVATE EQUITIES 287485543 F 287485543 INTEREST RATE SWAP AGREEMENTS 1695949 STUDENT DEPOSITS AND DEFERRED REVENUE 5962279 ACCRUED PAYROLL AND OTHER BENEFITS 2558365 OTHER LIABILITIES 1881906 OPERATING LEASE LIABILITIES 7123089 19221588 X 144167468 14017208 -285736 13731472 130435996 1005337 90701197 91706534 222142530 113998715 84453 84453 113914262 1005337 90701197 91706534 205620796 PART III, LINE 4: STONEHILLL COLLEGE MAINTAINS A COLLECTION OF HISTORICAL ARTIFACTS FOR PUBLIC EXHIBITION AND EDUCATION IN FURTHERANCE OF PUBLIC SERVICE AND NOT FOR FINANCIAL GAIN. THE COLLEGE DOES NOT CAPITALIZE ITS COLLECTION OF HISTORICAL ARTIFACTS. PART V, LINE 4: ENDOWMENT FUNDS ARE SPENT IN ACCORDANCE WITH DONOR RESTRICTIONS. THE FUNDS ARE INVESTED TO PRESERVE STONEHILL'S PURCHASING POWER WHILE PROVIDING A CONTINUING AND STABLE FUNDING SOURCE TO SUPPORT THE MISSION OF THE COLLEGE. PART X, LINE 2: THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE COLLEGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN UNCERTAINTIES REQUIRING RECOGNITION. THE COLLEGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE COLLEGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET LOSS ON INTEREST RATE SWAP -370,189. FUNDRAISING EVENT EXPENDITURES 84,453. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND OTHER AWARDS 90,701,197. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 84,453. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND OTHER AWARDS 90,701,197. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING STATEMENT IS INCLUDED IN ALL BROCHURES, CATALOGUES, AND OTHER COMMUNICATIONS WITH THE PUBLIC DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS: "STONEHILL COLLEGE PROHIBITS DISCRIMINATION ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, DISABILITY, AGE, VETERAN STATUS, MARITAL STATUS, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, PREGNANCY, OR OTHER LEGALLY PROTECTED STATUS IN ADMISSION TO, ACCESS TO, TREATMENT IN OR EMPLOYMENT IN ITS PROGRAMS AND ACTIVITIES, EXCEPT WHERE SUCH CONDITIONS MAY CONSTITUTE BONA FIDE QUALIFICATIONS FOR THE PROGRAMS OR ACTIVITIES IN QUESTION." SCHEDULE E, PART I, LINE 6 THIS INSTITUTION AND ITS STUDENTS PARTICIPATE IN THE FOLLOWING FEDERAL FUNDED PROGRAMS: FEDERAL PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANT, AND FEDERAL WORK STUDY. EUROPE 0 2 PROGRAM SERVICE STUDY ABROAD 142318 0 2 0 0 0 2 142318 0 142318 1 0 1 1 1 0 PART I, LINE 3 THE ORGANIZATION REPORTS THESE FOREIGN EXPENDITURES AS REPORTED IN THE FINANCIAL RECORDS. PRESIDENT'S DINNER 113900 105650 8250 13201 10530 BASEBALL GOLF TOURNAMENT 45535 29080 16455 10624 3450 866 7 154625 98878 55747 3242 30756 11122 662 314060 233608 80452 3242 41380 27773 12058 84453 -4001 1 ROMAN CATHOLIC BISHOP OF FALL RIVER 450 HIGHLAND AVENUE FALL RIVER MA 02720 043000709 501(C)3 10000 0 GENERAL SUPPORT TOWN OF EASTON MA 136 ELM STREET EASTON MA 02356 GOV'T 40000 0 GENERAL SUPPORT 2 0 TUITION ASSISTANCE 2554 90701197 FMV SCHOLARSHIPS 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. THE COLLEGE ALSO PROVIDES CHARITABLE SUPPORT TO U.S. SECTION 501(C)(3) PUBLIC CHARITIES AND LOCAL GOVERNMENTS IN FURTHERANCE OF ITS MISSION. X 1 1 X X X 0 0 0 0 0 0 0 0 0 JEANNE M FINLAYSON VP FOR FINANCE & TREASURER 299668 0 0 0 1964 0 33979 0 13983 0 349594 0 0 0 THOMAS V FLYNN CLERK/GENERAL COUNSEL 202734 0 0 0 444 0 21410 0 94176 0 318764 0 0 0 PAULINE M BURKE VP FOR STUDENT AFFAIRS 201346 0 0 0 437 0 21063 0 87503 0 310349 0 0 0 PETER UBERTACCIO VP FOR ACADEMIC AFFAIRS & PROVOST 248603 0 0 0 561 0 27416 0 21429 0 298009 0 0 0 DEAN R O'KEEFE DIR. OF ATHLETICS / AVP STUDENT AFFA 180870 0 0 0 382 0 17968 0 86912 0 286132 0 0 0 CRAIG BINNEY ASSOC. VP OF FINANCE 214031 0 0 0 1368 0 22518 0 29223 0 267140 0 0 0 DOUGLAS J SMITH VP FOR ADVANCEMENT 228776 0 0 0 6638 0 23651 0 1974 0 261039 0 0 0 JOHN B DUGGAN DEAN, SCHOOL OF BUSINESS 182850 0 0 0 196 0 18705 0 31693 0 233444 0 0 0 CHRISTOPHER G KRAUS HEAD COACH - MEN'S BASKETBALL 181921 0 0 0 171 0 18423 0 31345 0 231860 0 0 0 TAMARA ANDERSON CHIEF INFORMATION OFFICER 185944 0 0 0 2187 0 18461 0 16257 0 222849 0 0 0 JINGZHI G MENG FACULTY - PROFESSOR 179330 0 0 0 304 0 14311 0 11899 0 205844 0 0 0 SCOTT SESESKE VP FOR ENROLLMENT MANAGEMENT 159680 0 0 0 130 0 15123 0 29092 0 204025 0 0 0 SCHEDULE J, PART I: STONEHILL COLLEGE PAID FOR PROFESSIONAL SERVICES BASED ON MARKET COMPENSATION AND BENEFITS, TOTALING $1,387,812 TO THE CONGREGATION OF THE HOLY CROSS FOR INSTRUCTIONAL, ADMINISTRATIVE, AND INSTITUTIONAL SERVICES. INDIVIDUAL MEMBERS OF THE CONGREGATION ADHERE TO THE VOW OF POVERTY. A MHEFA SERIES K 043431814 000000000 2015-11-04 56675000 REFINANCE SERIES K (2008) 0 0 0 B MHEFA SERIES M 043431814 000000000 2017-03-30 15300000 CONSTRUCT ACADEMIC & WELCOME CENTER 0 0 0 C MHEFA SERIES O 043431814 000000000 2018-06-01 25000000 CONSTRUCT BUSINESS BUILDING 0 0 0 D MDFA REVENUE BONDS SERIES N (REISSUED) 043431814 000000000 2019-03-27 14640980 REISSUANCE OF SERIES N (2017) 0 0 0 A 20300000 56675000 56675000 2009 1 0 1 1 B 2816744 15300000 112280 15187720 2018 0 0 1 1 C 6532305 25000000 139980 24860020 2019 0 0 1 1 D 7041923 14640980 14640980 2010 1 0 1 1 A 0 0 0 0 0.00000 0.01310 0.01310 0 0 1 B 0 0 0 0 0.00000 0.01350 0.01350 0 0 1 C 0 0 0 0 0.00000 0.00480 0.00480 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 BANK OF AMERICA NA - SEE BELOW 0 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 1 0 0 0 1 D 0 0 1 0 0 0 0 1 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MHEFA, SERIES M DATE THE REBATE COMPUTATION WAS PERFORMED: 03/30/2021 ISSUER NAME: MHEFA, SERIES O DATE THE REBATE COMPUTATION WAS PERFORMED: 07/01/2021 SCHEDULE K, PART II, LINE 13: YEAR OF SUBSTANTIAL COMPLETION - FOR BOND ISSUE A AND BOND ISSUE D, THE YEAR OF SUBSTANTIAL COMPLETION REFERS TO THE PROJECTS FINANCED BY THE PROCEEDS OF THE REFUNDED BONDS. SCHEDULE K, COLUMN A, PART IV, LINE 4C THERE ARE THREE TERMS TO THE INTEREST RATE SWAP: 20.2 YEARS 20.1 YEARS 29.1 YEARS WB MASON SEE STATEMENT 143523 SALE OF PRODUCTS 0 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: W.B. MASON IS A COMPANY OWNED BY A TRUSTEE AND HIS FAMILY. STONEHILL COLLEGE PURCHASED PRODUCTS FROM THE COMPANY. X 5 96673 PUBLICLY TRADED 0 0 1 0 PART I, COLUMN (B): AMOUNTS REPORTED IN PART I, COLUMN B, REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS. 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 6 STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A STONEHILL COLLEGE HAS TWO CLASSES OF MEMBERS: INCORPORATORS AND FELLOWS. THE INCORPORATORS CONSIST OF THE UNITED STATES PROVINCE OF PRIESTS AND BROTHERS, EX-OFFICIO, AND ALL PERPETUALLY PROFESSED RELIGIOUS OF THE CONGREGATION OF THE HOLY CROSS SERVING FROM TIME TO TIME AT STONEHILL COLLEGE. THE FELLOWS ARE MADE UP OF INDIVIDUALS WHO ARE INCORPORATORS, FACULTY, PART OF THE PRESIDENT'S COUNCIL, ALUMNI, AND STUDENTS. THE FELLOWS' SOLE POWER AND AUTHORITY IS TO ELECT THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND SIGNED BY CBIZ ADVISORS, LLC AS PAID PREPARER. THE FORM 990 IS FIRST REVIEWED BY STONEHILL COLLEGE'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, STONEHILL COLLEGE'S INTERNAL MANAGEMENT AND PAID PREPARER PRESENT THE FORM 990 TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE COMPLETED FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. QUESTIONNAIRES ARE COLLECTED AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AT ANY LEVEL AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION WHICH IS DETERMINED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 STONEHILL COLLEGE ANNUALLY REVIEWS THE SALARIES OF ITS EXECUTIVE LEVEL MANAGEMENT WITH THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE HUMAN RESOURCE OFFICE PROVIDES COMPARABLE MARKET DATA ON THESE POSITIONS AT SIMILAR SIZE INSTITUTIONS. THE COLLEGE PRESIDENT MAKES SALARY RECOMMENDATIONS FOR HIS (HER) TOP MANAGEMENT REPORTS AND THE CHAIRMAN OF THE BOARD OF TRUSTEES MAKES A RECOMMENDATION ON THE PRESIDENT'S SALARY TO BE PAID TO THE CONGREGATION OF THE HOLY CROSS. COMPENSATION RECOMMENDATIONS ARE APPROVED BY THE COMPENSATION COMMITTEE. STONEHILL COLLEGE'S PRESIDENT IS A MEMBER OF THE CONGREGATION OF THE HOLY CROSS AND HAS TAKEN A VOW OF POVERTY, ALONG WITH OTHER MEMBERS OF THE HOLY CROSS COMMUNITY WHO PROVIDE SERVICES TO STONEHILL COLLEGE. TOTAL PAYMENT TO THE CONGREGATION OF THE HOLY CROSS IN FY2024 WAS $1,758,930. 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 ON THEIR OWN WEBSITE AT STONEHILL.EDU, WHERE THEY ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET LOSS FROM INTEREST RATE SWAPS -370,191. PERPETUAL TRUSTS (1) TRUST MA STONEHILL COLLEGE INC T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 STONEHILL COLLEGE INC S 165120 FMV