Southern New Hampshire University

“The executive committee shall consist of the board chair, president, secretary (only if the secretary is a trustee), treasurer (only if the treasurer is a trustee) and chair of the audit and compliance committee. The executive committee has the authority to act in the stead of the full board between meetings if needed. The executive committee (or other designated trustees) may also review new trustees nominated by the president prior to election by the board.”

“On february 2, 2023, the bylaws were amended to add the following language: the board may, by two-thirds vote, extend the term of any trustee(s), and/or modify the consecutive term limited for any trustee(s) at a special meeting called for that purpose, or at a regular meeting for which written notice of the proprosed extension of term(s) action as been given.”

“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, annual surveys are conducted about any potential conflicts and disclosures, and, if any arise, they are reviewed.”

“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 2023, 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.”

“The university makes its governing documents and conflict of interest policy 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. Our degree-seeking student population consists of approximately 4,262 traditional undergraduate and graduate day students; 186,708 undergraduate and graduate distance education students; and 2,368 students in competency-based education programs. The University offers 56 certificate programs in a variety of fields. The University offers 14 Associate's degree programs in Accounting, Information Technologies, Education, Digital Photography, Fashion Merchandising, Healthcare Management, Liberal Arts, Criminal Justice, General Studies, Marketing, Business Administration, Computer Science, Cyber Security, Data Analytics and Marketing. Bachelor degrees are offered in 59 programs in Business, Education, Healthcare, Nursing, Mathematics, Information Technology, Computer Science, Liberal Arts, Social Science, Engineering, Air Traffic Management, Aviation Management, Construction Management, Biology, Physics, and many more. Master's degrees are offered in 41 programs 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 and Ph.D in Educational Leadership, and 3 Ph.D programs in International Business.”

“Elimination of consolidated subsidiary net loss from operations: 42,794,362”