Saint Anselm College
- Assets
- $372.2m
- Revenue
- $145.2m
- Investments
- $150.7m
- Employees
- 1,607
- Location
- Manchester, NH
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 02-0222182
Organization Overview
Saint Anselm College is located in Manchester, NH. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Saint Anselm College employed 1,607 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saint Anselm College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Saint Anselm College generated $145.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $128.2m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL ITS STUDENTS A DISTINCTIVE. (SEE SCHEDULE O).LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE (THE 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 COMMISSION OF HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Joseph Favazza President | OfficerTrustee | 40 | $424,001 |
Mr James F Flanagan Sr. VP Of College Advancement | Officer | 40 | $257,079 |
Mr William Furlong VP Of Finance, CFO | Officer | 40 | $206,716 |
Mr Steven Goetsch VP Of Enrollment | Officer | 40 | $177,998 |
Mr Neil Levesque Executive Director Nhiop | Officer | 40 | $176,845 |
Mr Steven Mcdevitt Chief Information Officer | 40 | $173,789 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oomph Inc Marketing Services | 6/29/22 | $215,650 |
Grace Limousine Transportation Services | 6/29/22 | $166,330 |
The Tambellini Group Llc Consulting Services | 6/29/22 | $226,261 |
Puritan Press Graphic Design & Printing Services | 6/29/22 | $195,452 |
Prime Buchholz & Associates Inc Marketing Services | 6/29/22 | $147,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,490,079 |
| Investment income | $745,294 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,568,364 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,234,388 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $50,599,794 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,497,209 |
| Compensation to disqualified persons | $177,692 |
| Other salaries and wages | $31,577,599 |
| Pension plan accruals and contributions | $2,288,694 |
| Other employee benefits | $6,313,386 |
| Payroll taxes | $2,325,781 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $154,404 |
| Fees for services: Accounting | $141,324 |
| Fees for services: Lobbying | $2,792 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $426,657 |
| Fees for services: Other | $4,920,174 |
| Advertising and promotion | $468,637 |
| Office expenses | $4,762,874 |
| Information technology | $1,440,933 |
| Royalties | $0 |
| Occupancy | $2,987,988 |
| Travel | $336,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $128,544 |
| Interest | $2,971,408 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,306,367 |
| Insurance | $598,296 |
| All other expenses | $0 |
| Total functional expenses | $128,228,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,187,116 |
| Savings and temporary cash investments | $20,246,507 |
| Pledges and grants receivable | $9,126,445 |
| Accounts receivable, net | $1,345,371 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,698,251 |
| Inventories for sale or use | $60,848 |
| Prepaid expenses and deferred charges | $1,008,278 |
| Investments—publicly traded securities | $69,321,787 |
| Investments—other securities | $150,660,175 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,250,530 |
| Total assets | $372,219,645 |
| Accounts payable and accrued expenses | $9,945,085 |
| Grants payable | $0 |
| Deferred revenue | $1,955,049 |
| Tax-exempt bond liabilities | $82,226,044 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,090,064 |
| Other liabilities | $1,342,064 |
| Total liabilities | $97,558,306 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $274,661,339 |