Nonprofit · EIN 02-0222120
COLBY-SAWYER COLLEGE
Tax-exempt · NEW LONDON, NH 03257
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $48,161,648 | $46,598,272 | $1,563,376 | $152,944,168 | $35,925,658 | $117,018,510 |
| June 30, 2024 | 990 | $47,976,864 | $44,319,760 | $3,657,104 | $144,211,285 | $32,152,043 | $112,059,242 |
| June 30, 2023 | 990 | $69,063,751 | $63,833,439 | $5,230,312 | $134,968,854 | $31,417,901 | $103,550,953 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,420,636
- of which government grants
- $460,499
- Program service revenue
- $32,175,486
- Investment income
- $3,570,739
- Net gain from sales of assets
- $1,298,390
- Net income from fundraising events
- -$5,213
- Other revenue
- -$5,213
Expenses
- Grants and similar amounts paid
- $8,613,544
- Compensation of officers, directors and key employees
- $410,083
- Other salaries and wages
- $14,307,575
- Salaries, compensation and benefits (total)
- $18,928,542
- Professional fundraising fees
- $12,110
- Legal fees
- $56,274
- Accounting fees
- $86,525
- Occupancy
- $1,952,241
- Travel
- $105,257
- Depreciation
- $2,210,227
- Program services (functional)
- $34,500,797
- Management and general (functional)
- $11,032,700
- Fundraising (functional)
- $1,064,775
Balance sheet and other
- Total assets, start of year
- $144,211,285
- Total assets, end of year
- $152,944,168
- Total liabilities, end of year
- $35,925,658
- Net assets, end of year
- $117,018,510
- Land, buildings and equipment
- $66,520,860
- Publicly traded securities
- $76,179,239
- Net assets without donor restrictions
- $40,060,289
- Net assets with donor restrictions
- $76,958,221
- Gross unrelated business income
- $630,498
- Gross receipts
- $75,566,545
- Employees
- 759
- Volunteers
- 60
- Year formed
- 1837
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Eden Wales | VP Academic Highest-paid employee | 40 | $198,074 | $23,140 |
| Laura Sykes | Past Interim President Officer | 40 | $192,604 | $19,432 |
| Valerie Leclair | VP Enrollment Management Highest-paid employee | 40 | $165,283 | $37,782 |
| Susan Stuebner | Former President Former | 0 | $183,386 | $19,064 |
| Karen Bonewald | VP of Finance & Administration Officer | 40 | $193,208 | $4,839 |
| Joan Loftus | Associate Dean Highest-paid employee | 40 | $154,448 | $38,666 |
| Robin Davis | VP Student Development Highest-paid employee | 40 | $137,057 | $37,156 |
| Daniel Parish | VP Advancement Highest-paid employee | 40 | $165,400 | $3,665 |
| Lisa M Hogarty | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Barbara-Jan Wilson | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Jourdain K P Bell | Trustee Trustee or director | 2 | $0 | $0 |
| Collin D Bray | Trustee Trustee or director | 2 | $0 | $0 |
| Wendy G Carey | Trustee Trustee or director | 2 | $0 | $0 |
| Aimee M Claiborne | Trustee Trustee or director | 2 | $0 | $0 |
| Deborah L Coffin | Trustee Trustee or director | 2 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas C Csatari | Trustee Trustee or director | 2 | $0 |
| Ann Carroll Harris | Trustee Trustee or director | 2 | $0 |
| Amy Hedison | Trustee Trustee or director | 2 | $0 |
| Susan MacMichael John | Trustee Trustee or director | 2 | $0 |
| Bruce P King | Trustee Trustee or director | 2 | $0 |
| Beth Constantinides Meurlin | Trustee Trustee or director | 2 | $0 |
| William H Mitchell | Trustee Trustee or director | 2 | $0 |
| Margaret V Mulley | Trustee Trustee or director | 2 | $0 |
| JoAnn Franke Overfield | Trustee Trustee or director | 2 | $0 |
| Susan D Pomerantz | Trustee Trustee or director | 2 | $0 |
| Sally Shaw Veitch | Trustee Trustee or director | 2 | $0 |
| Stephen Wright | Trustee Trustee or director | 2 | $0 |
| Dean G McCurdy | President Officer | 40 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Susan Stuebner | Past President Officer | 40 | $327,460 | $43,172 |
| Daniel Parish | VP Advancement Highest-paid employee | 40 | $173,789 | $6,991 |
| Eden Wales | VP Academics Highest-paid employee | 40 | $170,532 | $9,140 |
| Robin Davis | VP Student Development Highest-paid employee | 40 | $133,684 | $38,710 |
| Valerie Leclair | VP Enrollment Management Highest-paid employee | 40 | $138,946 | $30,586 |
| Karen Bonewald | VP Finance/ Treasurer Officer | 40 | $161,517 | $7,532 |
| Gregg Mazzola | VP Communications & Marketing Highest-paid employee | 40 | $140,510 | $28,464 |
| Lisa Hogarty | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Anthony H Librot | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Caroline Barry | Trustee Trustee or director | 2 | $0 | $0 |
| Jourdain K P Bell | Trustee Trustee or director | 2 | $0 | $0 |
| Collin D Bray | Trustee Trustee or director | 2 | $0 | $0 |
| Wendy Carey | Trustee Trustee or director | 2 | $0 | $0 |
| Aimee M Claiborne | Trustee Trustee or director | 2 | $0 | $0 |
| Edwin A Cowell | Trustee Trustee or director | 2 | $0 | $0 |
| Thomas C Csatari | Trustee Trustee or director | 2 | $0 | $0 |
| Ann Carroll Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Mitchell E Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Amy Hedison | Trustee Trustee or director | 2 | $0 | $0 |
| Thomas W Hoyt | Trustee Trustee or director | 2 | $0 | $0 |
| Susan MacMichael John | Trustee Trustee or director | 2 | $0 | $0 |
| Bruce King | Trustee Trustee or director | 2 | $0 | $0 |
| Beth Constantinides Meurlin | Trustee Trustee or director | 2 | $0 | $0 |
| William H Mitchell | Trustee Trustee or director | 2 | $0 | $0 |
| JoAnn Franke Overfield | Trustee Trustee or director | 2 | $0 | $0 |
| Susan Pomerantz | Trustee Trustee or director | 2 | $0 | $0 |
| Sally Shaw Veitch | Trustee Trustee or director | 2 | $0 | $0 |
| Barbara Jan-Wilson | Trustee Trustee or director | 2 | $0 | $0 |
| Laura Sykes | Interim President Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Susan Stuebner | President Officer | 40 | $321,152 | $52,329 |
| Daniel Parish | VP Advancement Highest-paid employee | 40 | $185,625 | $7,993 |
| Laura Sykes | VP Academics Highest-paid employee | 40 | $157,520 | $25,841 |
| Gregg Mazzola | VP Communications & Marketing Highest-paid employee | 40 | $151,296 | $25,573 |
| Nikki Fuller | Former VP HR DEI Former | 0 | $155,896 | $20,117 |
| Karen Bonewald | VP Finance/ Treasurer Officer | 40 | $167,530 | $8,400 |
| Robin Davis | VP Student Development Highest-paid employee | 40 | $125,163 | $26,636 |
| Lisa Hogarty | Chair Trustee or director, Officer | 4 | $0 | $0 |
| Anthony H Librot | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| Bonita S Basnyat | Trustee Trustee or director | 2 | $0 | $0 |
| Jourdain K P Bell | Trustee Trustee or director | 2 | $0 | $0 |
| Steve Birge | Trustee Trustee or director | 2 | $0 | $0 |
| Bernard N Botchway | Trustee Trustee or director | 2 | $0 | $0 |
| Collin D Bray | Trustee Trustee or director | 2 | $0 | $0 |
| Pamela Stanley Bright | Trustee Trustee or director | 2 | $0 | $0 |
| Wendy Carey | Trustee Trustee or director | 2 | $0 | $0 |
| Aimee M Claiborne | Trustee Trustee or director | 2 | $0 | $0 |
| Deborah L Coffin | Trustee Trustee or director | 2 | $0 | $0 |
| Edwin A Cowell | Trustee Trustee or director | 2 | $0 | $0 |
| Thomas C Csatari | Trustee Trustee or director | 2 | $0 | $0 |
| Mitchell E Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Ann Carroll Harris | Trustee Trustee or director | 2 | $0 | $0 |
| Thomas W Hoyt | Trustee Trustee or director | 2 | $0 | $0 |
| Barbara Jan-Wilson | Trustee Trustee or director | 2 | $0 | $0 |
| Susan MacMichael John | Trustee Trustee or director | 2 | $0 | $0 |
| Bruce King | Trustee Trustee or director | 2 | $0 | $0 |
| Beth Constantinides Meurlin | Trustee Trustee or director | 2 | $0 | $0 |
| William H Mitchell | Trustee Trustee or director | 2 | $0 | $0 |
| Margaret V Mulley | Trustee Trustee or director | 2 | $0 | $0 |
| JoAnn Franke Overfield | Trustee Trustee or director | 2 | $0 | $0 |
| Susan Pomerantz | Trustee Trustee or director | 2 | $0 | $0 |
| Sally Shaw Veitch | Trustee Trustee or director | 2 | $0 | $0 |
| Andrew Lydecker | Trustee Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 541 MAIN ST, NEW LONDON, NH 03257-7818
- Principal officer (990 for 2024)
- Dean G McCurdy, 541 Main Street, New London, NH 03257
- Signed the 990
- Karen Bonewald, VP Finance/Administration
- Phone
- (603) 526-3000
- Website
- www.colby-sawyer.edu
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
Colby-Sawyer College is a private, independent, residential, college with a mission to offer undergraduate and graduate educational programs based in the liberal arts and health, social, and natural sciences, with a focus on vocational exploration and experiential learning, which prepare students to thrive in, and make a positive impact upon a dynamic, diverse, and interdependent world. Engaged robust partnerships will support students' academic, intellectual, personal and professional growth, align with workforce development needs, and enhance individual and community well-being and resilience. Colby-Sawyer College was founded as an academy in 1837 and has been integrated in higher education since 1928.
Program accomplishments
- The institution offered a comprehensive, private, liberal arts education, with degrees granted at the associates, bachelors, masters and doctorate level. Traditional undergraduate students in the bachelor degree programs completed a liberal arts core and chose from nineteen majors and twenty-six minors, many of which focused on pre-professional preparation. All traditional undergraduates were required to complete at least one internship and a senior capstone project. The Class of 2022 reported a 100 percent success rate (employed or in graduate school) six months after graduation. Many of the graduate and professional programs focused on health science related fields that supported regional workforce needs. Graduate and professional programs were offered in person as well as online. Students enrolled in the traditional and graduate nursing programs completed clinical experiences at a hospital classified as a Level 1 trauma center. The institution supported all degree programs with academic support services (library, tutoring, career development) and financial assistance through gifts, grants, endowment income and college resources, which assisted students in financing the cost of their attendance.Expenses $29,193,319 · grants $8,613,544 · revenue $18,992,359
- Auxiliary services provided food service and facilities to students as part of a residential institution; student services provided additional support for athletics, health and counseling, student activities, and student government.Expenses $5,307,478 · revenue $13,183,127
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 02-0222120
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $152,944,168
- Income (IRS master file)
- $75,566,545
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $48,161,648 | $46,598,272 | $152,944,168 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $47,976,864 | $44,319,760 | $144,211,285 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $69,063,751 | $63,833,439 | $134,968,854 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $70,178,771 | $60,469,284 | $123,153,780 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0222120).
Questions about COLBY-SAWYER COLLEGE
- What is the EIN of COLBY-SAWYER COLLEGE?
- The employer identification number (EIN) of COLBY-SAWYER COLLEGE is 02-0222120.
- Is COLBY-SAWYER COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to COLBY-SAWYER COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLBY-SAWYER COLLEGE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COLBY-SAWYER COLLEGE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLBY-SAWYER COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COLBY-SAWYER COLLEGE?
- The 990 for the year ended June 30, 2025 names Dean G McCurdy.
- Who are the officers and directors of COLBY-SAWYER COLLEGE?
- The 990 for the year ended June 30, 2025 lists 28 people; 8 received compensation from the organization, the highest $198,074 (Eden Wales, VP Academic).
- How much revenue does COLBY-SAWYER COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $48,161,648, expenses of $46,598,272 and total assets of $152,944,168 at year end.
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