Southern New Hampshire University

“AT EACH ANNUAL MEETING OF THE BOARD, THE BOARD SHALL ELECT AN EXECUTIVE COMMITTEE OF NOT LESS THAN THREE (3) TRUSTEES TO ACT IN ITS STEAD BETWEEN MEETINGS OF THE FULL BOARD. ELECTION OF THE COMMITTEE SHALL BE FROM THOSE NOMINATED BY THE BOARD CHAIR OR THOSE NOMINATED BY THE BOARD AT THE MEETING. EACH MEMBER OF THE BOARD SHALL HAVE ONE VOTE FOR EACH POSITION AND THOSE RECEIVING THE GREATEST NUMBER OF VOTES SHALL BE ELECTED. THERE SHALL BE NO CUMULATIVE VOTING. Form 990 Part VI, Section A, Line 2: Paul J. LeBlanc and Winnie Lerner both serve on the board of Motivis Learning Systems, Inc. Frederick Loeffler and Winnie Lerner have a family relationship.”

“The draft of the form 990 is presented to the audit and compliance committee of the board of trustees for their review. After any recommended changes, the form 990 is then made available to all trustees for their review.”

“It is the policy of the university that conflicts of interest between the university and its trustees, officers and employees be avoided and that pecuniary benefit transactions be disclosed and approved by the board. The university follows all statutory requirements of the federal and state laws which apply to the university, including the provisions of rsa 7:19-a as the same may be amended from time to time. All potential conflicts or pecuniary benefit transactions as defined by said statute shall be reported to the board and acted upon by it as required by law, and no person shall vote or be present for the action by the board in relation to any such matter involving that person. Additionally, the board and leadership team are surveyed annually about any potential conflicts and disclosures, and, if any arise, they are reviewed. Form 990, part vi, section b, line 14: certain departments have document retention and destruction policies; however, the university does not have a comprehensive policy that has been approved by the board or an authorized committee.”

“For fiscal year 2018, compensation of the president, other officers (with the exception of the assistant treasurer) and the key employees was set by an independent committee of the board of trustees after reviewing comparable compensation information. Decisions regarding the compensation arrangements were contemporaneously documented. The compensation of the assistant treasurer was set using the standard method the university uses for other employees.”

“THE UNIVERSITY MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19: The University makes its governing documents and conflict of interest policy available upon request. The University also makes its financial statements available upon request.”

“Southern New Hampshire University transforms the lives of students. Our success is defined by our students' success. By relentlessly challenging the status quo and providing the best support in higher education, Southern New Hampshire University expands access to education by creating high quality, affordable and innovative pathways to meet the unique needs of each and every student.”

“Instruction and student services: southern new hampshire university ("the university") is a private, coeducational institution. Enrollment consists of approximately 2,918 traditional undergraduate day students in the manchester, nh campus; 1,190 students in on-campus graduate programs; 124,192 graduate and undergraduate students in distance education; 6,672 students in the college for america competency-based education programs and 2,907 students in the high school dual enrollment programs and certificate programs. The university offers over 35 certificate programs in a variety of fields. The university offers 12 associate's degree programs in accounting, culinary arts, information technology, digital photography, fashion merchandising, healthcare management, liberal arts, criminal justice, justice studies and business-related fields. Bachelor's degrees are offered in more than 70 areas of business, education, healthcare, nursing, mathematics, information technology, computer science, liberal arts, social science, engineering, air traffic management, aviation management, construction management and others. Masters degrees are offered in business administration, accounting, business disciplines, data analytics, cyber security, information technology, clinical mental health counseling, fine arts, education, healthcare, nursing and several liberal arts disciplines. Doctoral degrees offered include an ed.d. In educational leadership and a ph.d. In international business. The university also offers a wide variety of services to its students to maximize the educational experience. Services include athletics, residential life, counseling and wellness, dining, diversity, intramurals and recreation, public safety and disability services, among others.”

“Elimination of Consolidated Subsidiary Net Loss from Operations ($7,704,894)”