Saint Anselm College
- Assets
- $315.3m
- Revenue
- $136.9m
- Investments
- $101.6m
- Employees
- 1,668
- Location
- Manchester, NH
- Founding
- 03/1946
- Data as of
- 06/2020
- 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 06/2021, Saint Anselm College employed 1,668 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 06/2020, Saint Anselm College generated $136.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $130.6m during the year ending 06/2020. While expenses have increased by 3.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
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 | $428,472 |
Mr James F Flanagan Sr. VP Of College Advancement | Officer | 40 | $266,369 |
Mr William Furlong VP Of Finance, CFO | Officer | 40 | $202,544 |
Mr Neil Levesque Executive Director Nhiop | Officer | 40 | $180,196 |
Mr Steven Goetsch VP Of Enrollment | Officer | 40 | $178,818 |
Dr Steven R Disalvo Former President | 0 | $177,692 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ebsco Information Services Construction Services | 6/29/21 | $177,202 |
Milestone Engineering And Construction Construction Services | 6/29/21 | $551,570 |
Granite State Plumbing & Heating Llc Plumbing Services | 6/29/21 | $366,860 |
Eckman Constructions Company Inc Construction Services | 6/29/21 | $2,466,935 |
Blue Spruce Technologies Inc Technology Services | 6/29/21 | $168,479 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,900,585 |
| Investment income | $1,284,028 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,252,062 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,934,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $47,520,931 |
| Grants and other assistance to Foreign Orgs/Individuals | $229,150 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,133,937 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,880,380 |
| Pension plan accruals and contributions | $2,374,264 |
| Other employee benefits | $8,416,960 |
| Payroll taxes | $2,448,670 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $476,996 |
| Fees for services: Accounting | $132,307 |
| Fees for services: Lobbying | $36,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $449,135 |
| Fees for services: Other | $5,259,385 |
| Advertising and promotion | $285,142 |
| Office expenses | $3,538,616 |
| Information technology | $1,392,122 |
| Royalties | $0 |
| Occupancy | $2,925,038 |
| Travel | $1,531,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $289,585 |
| Interest | $3,012,570 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,142,178 |
| Insurance | $505,780 |
| All other expenses | $0 |
| Total functional expenses | $130,642,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,780,605 |
| Savings and temporary cash investments | $13,629,664 |
| Pledges and grants receivable | $8,997,526 |
| Accounts receivable, net | $1,999,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,121,986 |
| Inventories for sale or use | $78,587 |
| Prepaid expenses and deferred charges | $1,267,529 |
| Investments—publicly traded securities | $63,361,614 |
| Investments—other securities | $101,610,405 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,468,481 |
| Total assets | $315,292,787 |
| Accounts payable and accrued expenses | $9,760,413 |
| Grants payable | $0 |
| Deferred revenue | $4,860,593 |
| Tax-exempt bond liabilities | $84,745,591 |
| 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 | $2,545,939 |
| Other liabilities | $1,552,540 |
| Total liabilities | $103,465,076 |
| 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 | $211,827,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Saint Anselm College has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Karen & John M Krzynowck Chr Tr Dallas, TX PURPOSE: SCHOLARSHIP FOR NURSING | $30,000 |
Endowment Analysis
| Beg. Balance | $164,972,020 |
| Earnings | $57,487,195 |
| Net Contributions | $3,979,914 |
| Other Expense | $3,926,129 |
| Grants | $2,531,038 |
| Ending Balance | $219,981,962 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berklee College Of Music Inc Boston, MA | $854,558,047 | $384,612,408 |
Trustees Of Amherst College Amherst, MA | $4,260,760,426 | $407,702,412 |
Wellesley College Wellsley, MA | $4,125,529,097 | $515,515,442 |
Williams College Williamstown, MA | $5,589,417,372 | $397,351,793 |
Emerson College Boston, MA | $1,139,244,716 | $275,696,398 |
Trustees Of The College Of The Holy Cross Worcester, MA | $1,320,181,892 | $265,241,305 |
Babson College Babson Park, MA | $1,084,295,364 | $304,101,925 |
Merrimack College North Andover, MA | $325,006,014 | $259,690,431 |
Bowdoin College Brunswick, ME | $3,297,186,000 | $359,057,000 |
President & Trustees Of Colby College Waterville, ME | $1,856,024,000 | $292,366,000 |
Trustees Of Mount Holyoke College South Hadley, MA | $1,407,677,265 | $296,398,601 |
President And Trustees Of Bates College Lewiston, ME | $890,076,823 | $193,955,130 |