Southern New Hampshire University
- Assets
- $1.4b
- Revenue
- $1.1b
- Investments
- $276.4m
- Employees
- 12,886
- 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 06/2022, Southern New Hampshire University employed 12,886 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 represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $949.3m during the year ending 06/2021. While expenses have increased by 8.8% 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.
Since 2017, Southern New Hampshire University has awarded 58 individual grants totaling $2,626,152. 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 | $1,253,616 |
Amelia Manning Chief Operating Officer | Officer | 40 | $707,563 |
Alana Burns Chief Marketing Officer | Officer | 40 | $475,067 |
John Jibilian Executive VP - Its (outgoing) | Officer | 40 | $417,547 |
Susan Nathan Chief Experience Officer | Officer | 40 | $399,538 |
Danielle Stanton Evp & Chief Hr Officer | 40 | $398,089 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Xxvi Holdings Inc Dba Google Llc Advertising | 6/29/22 | $41,858,426 |
He Holdings Llc Dba Red Ventures Ed Advertising | 6/29/22 | $17,590,556 |
Deloitte Consulting Llp Consulting Svcs | 6/29/22 | $13,975,815 |
Meta Platforms Inc Dba Facebook Advertising | 6/29/22 | $8,554,941 |
Eddy Holding Llc Dba Educationdynam Advertising | 6/29/22 | $7,904,430 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,464,367 |
| 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 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 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 | $0 |
| 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 |
| 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 | $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 | $986,201,662 |
Grants Awarded
Over the last fiscal year, Southern New Hampshire University has awarded $165,094 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PRESIDENTS FORUM PURPOSE: GENERAL SUPPORT | $25,000 |
SHINING HOPE FOR COMMUNITIES INC PURPOSE: GENERAL SUPPORT | $25,000 |
WORLD CENTRAL KITCHEN INCORPORATED PURPOSE: GENERAL SUPPORT | $50,000 |
WAYPOINT PURPOSE: GENERAL SUPPORT | $15,000 |
YWCA NEW HAMPSHIRE | | | $15,000 |
THE GRANITE YMCA PURPOSE: GENERAL SUPPORT | $12,000 |