Southern New Hampshire University
- Assets
- $1.4b
- Revenue
- $1.1b
- Investments
- $276.4m
- Employees
- 11,402
- Location
- Manchester, NH
- Founding
- 08/1968
- Data as of
- 06/2021
- EIN
- 02-0274509
Organization Overview
Southern New Hampshire University is located in Manchester, NH. The organization was established in 1968. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Southern New Hampshire University employed 11,402 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern New Hampshire University 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, Southern New Hampshire University generated $1.1b in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $949.3m during the year ending 06/2021. While expenses have increased by 10.3% per year over the past 6 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.
Since 2018, Southern New Hampshire University has awarded 57 individual grants totaling $1,903,769. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Paul J Leblanc President/ceo | OfficerTrustee | 40 | $1,242,872 |
Amelia Manning Chief Operating Officer | Officer | 40 | $684,599 |
Susan Nathan Chief Experience Officer | Officer | 40 | $404,012 |
Dr Gregory W Fowler Chief Academic Off. (outgoing) | Officer | 40 | $388,680 |
Danielle Stanton Evp & Chief Hr Officer | 40 | $381,384 | |
Thomas Dionisio '76 Evp, Tech. & Transformation | Officer | 40 | $379,726 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
He Holdings Llc Dba Red Ventures Ed Advertising | 6/29/21 | $34,257,702 |
Harvey Construction Corporation Construction | 6/29/21 | $23,818,134 |
Eddy Holding Llc Dba Educationdynam Advertising | 6/29/21 | $6,192,160 |
Xxvi Holdings Inc Dba Google Llc Advertising | 6/29/21 | $20,108,876 |
Centerfield Media Holdings Llc Advertising | 6/29/21 | $8,002,148 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,822,588 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,641,779 |
| Noncash contributions included in lines 1a–1f | $47,129 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,464,367 |
| Total Program Service Revenue | $1,046,700,076 |
| Investment income | -$2,010,132 |
| Tax Exempt Bond Proceeds | -$6,324,891 |
| Royalties | $0 |
| Net Rental Income | -$104,504 |
| Net Gain/Loss on Asset Sales | $15,462,163 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,091,579,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $411,987 |
| Grants and other assistance to domestic individuals. | $52,321,003 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,379,360 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,088,553 |
| Compensation of current officers, directors, key employees. | $2,244,969 |
| Compensation to disqualified persons | $135,091 |
| Other salaries and wages | $367,978,050 |
| Pension plan accruals and contributions | $18,157,218 |
| Other employee benefits | $69,973,423 |
| Payroll taxes | $24,116,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $990,093 |
| Fees for services: Accounting | $324,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,698,590 |
| Fees for services: Other | $50,241,100 |
| Advertising and promotion | $182,952,623 |
| Office expenses | $11,498,599 |
| Information technology | $45,150,086 |
| Royalties | $0 |
| Occupancy | $9,560,555 |
| Travel | $436,008 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $552,986 |
| Interest | $11,902,600 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,078,487 |
| Insurance | $2,148,545 |
| All other expenses | $353,731 |
| Total functional expenses | $949,305,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,123,583 |
| Savings and temporary cash investments | $273,167,621 |
| Pledges and grants receivable | $19,956,781 |
| Accounts receivable, net | $23,417,057 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $534,775 |
| Inventories for sale or use | $3,062 |
| Prepaid expenses and deferred charges | $38,054,390 |
| Net Land, buildings, and equipment | $372,947,986 |
| Investments—publicly traded securities | $221,784,817 |
| Investments—other securities | $276,395,341 |
| Investments—program-related | $0 |
| Intangible assets | $5,265,512 |
| Other assets | $68,750,042 |
| Total assets | $1,413,400,967 |
| Accounts payable and accrued expenses | $134,137,667 |
| Grants payable | $809,772 |
| Deferred revenue | $38,438,765 |
| Tax-exempt bond liabilities | $183,691,166 |
| 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 | $0 |
| Other liabilities | $70,121,935 |
| Total liabilities | $427,199,305 |
| Net assets without donor restrictions | $922,844,726 |
| Net assets with donor restrictions | $63,356,936 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,413,400,967 |
Grants Awarded
Over the last fiscal year, Southern New Hampshire University has awarded $346,174 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Manchester, NH | | $147,000 |
Manchester, NH PURPOSE: Food Assistance | $85,194 |
Manchester, NH PURPOSE: General support | $20,467 |
Manchester, NH PURPOSE: Housing Assistance | $20,000 |
Manchester, NH PURPOSE: General support | $13,000 |
Washington, DC PURPOSE: Women's Initiatives | $8,925 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Southern New Hampshire University has recieved totaling $12,750.
| Awarding Organization | Amount |
|---|---|
Franklin H Putnam Trust 1 1053 1 Dallas, TX PURPOSE: SCHOLARSHIP | $8,000 |
Palen-Klar Uw Schisp Fd Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $3,000 |
Clinton G Mills Trust Uw 1-31399-02 Dallas, TX PURPOSE: SCHOLARSHIPS | $1,750 |
Endowment Analysis
| Beg. Balance | $42,185,446 |
| Earnings | $14,354,877 |
| Net Contributions | $1,858,155 |
| Other Expense | $21,780 |
| Grants | $1,266,619 |
| Ending Balance | $57,110,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern New Hampshire University Manchester, NH | $1,413,400,967 | $1,091,579,648 |
Bentley University Waltham, MA | $681,081,992 | $316,624,866 |
Mcphs University Boston, MA | $1,998,877,330 | $374,201,406 |
Husson University Bangor, ME | $142,213,765 | $81,813,768 |
New England Law Boston Boston, MA | $111,835,752 | $46,208,385 |
Gordon Conwell Theological Seminary Inc South Hamilton, MA | $116,606,718 | $30,704,023 |
Boston Architectural College Boston, MA | $43,735,977 | $21,122,754 |
Massachusetts School Of Law At Andover Andover, MA | $10,679,528 | $4,847,415 |
Maine College Of Health Professions Lewiston, ME | $8,564,967 | $4,663,699 |
High Meadows Graduate School Of Teaching And Learning Inc Cambridge, MA | $1,267,150 | $1,781,626 |
Boston Graduate School Of Psychoanalysis Inc Brookline, MA | $3,976,371 | $2,365,728 |
Nicsa Inc Boston, MA | $1,905,996 | $2,079,510 |