2026-05-14T18:08:42-05:00 2025-06-30 263753134 CBIZ ADVISORS LLC 53 STATE STREET 17TH FLOOR BOSTON MA 02109 990 2024-07-01 042103585 LASELL UNIVERSITY LASE 6172432000 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 ANDREW MAYLOR CFO, COO, VP OF STRATEGIC INIT 6172432000 2026-05-13 1 1 CRAIG KLEIN P00734640 6178075000 2026-05-13 2024 2025-03-06 01:10:19Z ERIC M TURNER 1844 COMMONWEALTH AVENUE NEWTON MA 024662709 76122943 0 X WWW.LASELL.EDU X 1851 MA WE IMMERSE STUDENTS IN EXPERIENTIAL AND COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 19 19 1010 100 0 0 6252958 6860474 52119014 58181696 22306976 2487468 335289 762708 81014237 68292346 12235197 14771824 0 0 30660916 30515274 176830 106130 2309909 25463653 26139170 68536596 71532398 12477641 -3240052 129643451 130812275 67332619 70314506 62310832 60497769 X WE IMMERSE STUDENTS IN EXPERIENTIAL AND COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY. 0 0 60117533 14771824 53911409 LASELL UNIVERSITY IS A COMPREHENSIVE COEDUCATIONAL UNIVERSITY WHICH OFFERS PROFESSIONALLY ORIENTED BACHELOR'S AND MASTER'S DEGREE PROGRAMS, INCLUDING MORE THAN 25 ACADEMIC MAJORS.OUR STUDENTS ARE GIVEN THE OPPORTUNITY TO PRACTICE AND PREPARE FOR THE REAL WORLD THROUGH A PROJECT-BASED AND PROBLEM-BASED APPROACH TO TEACHING, THROUGH EXPOSURE TO DIVERSE CULTURES AND PEOPLES, THROUGH THE DEVELOPMENT OF CRITICAL SKILLS SUCH AS WRITING AND SPEAKING IN FRONT OF GROUPS, AND THROUGH CONFRONTATION WITH ETHICAL AND MORAL QUESTIONS.LASELL UNIVERSITY IS KNOWN FOR HELPING STUDENTS MAKE THE CONNECTION BETWEEN CLASSROOM LESSONS AND REAL LIFE THROUGH HANDS-ON ACTIVITIES SUCH AS INTERNSHIPS, PRACTICAL, SERVICE LEARNING, AND MEANINGFUL PROJECTS. CONNECTED LEARNING AT LASELL UNIVERSITY INVOLVES STUDENTS DIRECTLY AND ACTIVELY IN THE FIELDS THEY ARE LEARNING. IN ALL MAJORS, STUDENTS EXPLORE REAL ISSUES, EVENTS, PROBLEMS, AND SOLUTIONS. LASELL UNIVERSITY FACULTY ARE COMMITTED TO CREATIVELY INTEGRATING CHALLENGING COURSEWORK WITH PRACTICAL EXPERIENCE IN AN ENVIRONMENT THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION, ACTIVE CITIZENSHIP AND SOCIAL RESPONSIBILTIY. 842384 1738048 PROVIDED MANAGEMENT AND EDUCATIONAL SERVICES TO LASELL VILLAGE, INC., A TAX-EXEMPT AFFILIATE, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF LASELL VILLAGE, INC. 756036 1258518 PROVIDED FACILITIES FOR OTHER EDUCATIONAL ORGANIZATIONS TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE HOUSING TO STUDENTS. 446628 1190418 PROVIDED COLLABORATIVE POLICE AND INFORMATION TECHNOLOGY SERVICES WITH ANOTHER LOCAL COLLEGE, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF THAT COLLEGE, WITH THE GOAL OF PROVIDING QUALITY SERVICES TO EACH COLLEGE CAMPUS IN A COST EFFECTIVE MANNER. 446628 1190418 62162581 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 2302 0 1 1010 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA AK MD MI NH NY OR SC KY X X X ERIC S KNOX 6172432099 1844 COMMONWEALTH AVENUE NEWTON MA 02466 GERRY DEROCHE CHAIR 1.00 1.00 X X 0 0 0 LORI HINDLE VICE CHAIR 1.00 0.00 X X 0 0 0 PETER SCHULTE TREASURER 1.00 0.00 X X 0 0 0 JOE MARAIA CLERK (UNTIL OCT. 2024)/TRUSTEE 1.00 0.00 X X 0 0 0 RENA CLARK TRUSTEE (UNTIL OCT. 2024)/CLERK 1.00 0.00 X X 0 0 0 SUSAN DUNNE TRUSTEE 1.00 0.00 X 0 0 0 CARLOS FONSECA TRUSTEE 1.00 0.00 X 0 0 0 GREG HOLMAN TRUSTEE 1.00 0.00 X 0 0 0 KEON HOLMES TRUSTEE 1.00 0.00 X 0 0 0 BRAD KATES TRUSTEE 1.00 0.00 X 0 0 0 MERCEDES KELEMEN TRUSTEE 1.00 0.00 X 0 0 0 DEBBY MAHONEY TRUSTEE 1.00 0.00 X 0 0 0 JOHN MCKENNA TRUSTEE 1.00 0.00 X 0 0 0 LINDA MAGUIRE TRUSTEE 1.00 0.00 X 0 0 0 LAURIE PASCAL TRUSTEE 1.00 0.00 X 0 0 0 UBIN POKHAREL TRUSTEE 1.00 0.00 X 0 0 0 HEIDI RAFFONE TRUSTEE 1.00 0.00 X 0 0 0 VICTORIA RAKOV TRUSTEE 1.00 0.00 X 0 0 0 KARL VASILOFF TRUSTEE 1.00 0.00 X 0 0 0 BRYAN WARD TRUSTEE (UNTIL OCT. 2024) 1.00 0.00 X 0 0 0 JUDITH WITTENBERG TRUSTEE (UNTIL APR. 2025) 1.00 0.00 X 0 0 0 ERIC TURNER PRESIDENT 40.00 1.00 X 382748 0 111961 ANDREW MAYLOR CFO, COO, VP OF STRATEGIC INITIATIVES 40.00 10.00 X 261527 0 14643 HENRY PUGH CLERK & EXEC. ASST. TO PRESIDENT 40.00 1.00 X 80369 0 38617 CHELSEA GWYTHER VP OF ADVANCEMENT 40.00 0.00 X 239833 0 18893 CHRYSTAL PORTER PROVOST 40.00 0.00 X 236870 0 50566 ZEHRA ABID-WOOD PRESIDENT OF LASELL VILLAGE 40.00 0.00 X 307390 0 54901 JENNIFER OKEEFFE CHIEF OF STAFF & GENERAL COUNSEL 40.00 0.00 X 180952 0 44591 JESSE TAURIAC CHIEF DIVERSITY OFFICER 40.00 0.00 X 186704 0 9521 1876393 0 343693 43 0 1 0 COMPASS GROUP 2400 YORKMONT RD CHARLOTTE NC 28217 FOOD SERVICES 4691263 ABM 1350 EUCLID AVE SUITE 1500 CLEVELAND OH 44115 HOUSEKEEPING SERVICES 1337090 METRO WEST CONTRACTING 102 PINE STREET NORTON MA 02766 REPAIRS, MAINTENANCE & CONSTRUCTION 1048551 VONT LLC 17 ASH ST WESTBROOK ME 04092 MARKETING SERVICES 963650 D& S LANDSCAPING 498 PLEASANT STREET WATERTOWN MA 02472 LANDSCAPING SERVICES 661734 21 3780791 3079683 89871 6860474 TUITION & FEES 611310 37963290 37963290 ROOM & BOARD 611310 14121928 14121928 CONNECTED LEARNING/ED. 611710 1894559 1894559 MGMT FEE/RENT FROM TAX-EXEMPT AFF 561499 1738048 1738048 FACILITY REVENUE 611710 1185386 1185386 1278485 945676 332809 58181696 2322879 2322879 578118 79547 498571 498571 498571 3617440 4276221 3549072 4180000 68368 96221 164589 164589 36609 21978 14631 14631 PUBLIC SAFETY DETAIL REVENUE 900099 244399 244399 ALUMNI EVENTS 900099 5107 5107 249506 68292346 58098393 0 3333479 14460616 14460616 311208 311208 934701 687957 246744 24101543 20572084 2230147 1299312 815666 607281 170175 38210 2826344 2276472 456836 93036 1837020 1482180 261581 93259 214868 214868 134235 134235 106130 106130 146615 146615 1383667 1117073 164445 102149 1285081 1266134 18947 1325373 843186 313202 168985 1799865 379503 1358749 61613 5972438 5625902 315701 30835 800265 753868 22677 23720 39440 33775 5660 5 1703292 1637018 66232 42 4456676 4163901 289453 3322 841520 817967 18720 4833 CAFETERIA FOOD SERVICE 4041423 4041423 MEALS AND ENTERTAINMENT 621882 561837 39123 20922 ANNUITY PAYMENTS 32331 32331 PROFESSIONAL DEVELOPMEN 22767 19671 3065 31 1317432 1191482 109189 16761 71532398 62162581 7059908 2309909 8901 7057 15044160 12090824 1126150 447287 1751871 4617562 1143 838717 827475 164836707 93347535 77596237 71489172 23201908 35852915 144694 147319 9929670 5332664 129643451 130812275 5251125 5070450 4061348 3622730 57345064 55898896 5000000 110102 103814 564980 618616 67332619 70314506 X 43282169 40493475 19028663 20004294 62310832 60497769 129643451 130812275 X -3240052 1136246 290743 X 0 1 X 1 1 1 X 8189796 7239938 3571383 6252958 6860474 32114549 8189796 7239938 3571383 6252958 6860474 32114549 986334 31128215 1101167 3749315 1999644 1570859 2900997 11321982 260796 501536 449789 441692 369418 2023231 45459762 332178995 0.68470 0.68760 X FORM 990, SCHEDULE A, PART I, LINE 7: THE BASIS OF THE COLLEGE'S PUBLIC CHARITY STATUS HAS BEEN AND CONTINUES TO BE ITS QUALIFICATION AS A SCHOOL DESCRIBED IN SECTION 170(B)(1)(A)(II). THE ORGANIZATION HAS CHECKED BOX 7 ON SCHEDULE A, PART I AND COMPLETED SCHEDULE A, PART II IN ORDER TO DEMONSTRATE ITS QUALIFICATION TO FOLLOW THE SPECIAL RULE FOR ABBREVIATED REPORTING OF CONTRIBUTIONS ON FORM 990, SCHEDULE B. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44809203 6211795 3193309 250707 7804220 16866 46142514 36701339 16473805 1893283 256961 9982901 19362 44809203 46128982 776581 2349481 251497 12253296 48912 36701339 48951389 7964483 -3577493 239641 6903863 65893 46128982 42326023 3247492 11628946 220059 7993627 37386 48951389 0.60202 0.26816 0.12982 1 0 1820618 1820618 137473205 73443192 64030013 14124112 13166420 957692 3082622 8336150 6737923 4680849 71489172 CONDITIONAL ASSET RETIREMENT OBLIGATION 59687 ANNUITY OBLIGATIONS 182063 CAPITAL LEASE LIABILITY 117869 RIGHT OF USE LIABILITY 51993 457 PLAN LIABILITY 87822 NOTES PAYABLE TO RELATED ORGANIZATION 119182 618616 X 54880443 1136246 79547 1215793 53664650 146615 14481081 14627696 68292346 56693506 0 56693506 146615 14692277 14838892 71532398 PART V, LINE 4: BOARD-DESIGNATED ENDOWMENT - FUNDS SET ASIDE BY THE BOARD OF TRUSTEES FOR STRATEGIC PURPOSES AND TO PROVIDE INVESTMENT INCOME TO SUPPORT OPERATIONS. THESE AMOUNTS MAY ONLY BE USED WITH THE APPROVAL OF THE BOARD OF TRUSTEES. PERMANENT ENDOWMENT - AMOUNTS RESTRICTED BY DONORS AGAINST ANY EXPENDITURE OF PRINCIPAL. SUBSTANTIALLY ALL THE INCOME EARNED ON PRINCIPAL MAY BE USED FOR GENERAL OR DONOR-RESTRICTED PURPOSES AND IS RECORDED IN UNRESTRICTED NET ASSETS OR TEMPORARILY RESTRICTED NET ASSETS, AS APPROPRIATE. PART X, LINE 2: THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE UNIVERSITY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE UNIVERSITY'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII, LINE 6B 79,547. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 14,771,824. CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES -15,464. CHANGE IN VALUE OF BENEFICIAL INTERESTS -275,279. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VII, LINE 6B -79,547. FINANCIAL AID 14,771,824. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PER PART 4.03 2(B) OF REV. PROC 75-50, 1975-2 C.B.587, THE UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS FROM A LARGE GEOGRAPHICAL SECTION OF THE UNITED STATES AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS. IT CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS. ITS PROMOTIONAL ACTIVITIES AND RECRUITING EFFORTS ARE REASONABLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS OF THE AVAILABILITY OF THE UNIVERSITY. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES GRANTS IN THE FORM OF FUNDS DISTRIBUTED FOR FINANCIAL AID OR SUPPORT OF EDUCATIONAL PROGRAMS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 264635 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 46573 0 0 0 0 0 0 311208 0 311208 LASELL SCHOLARSHIPS AND OTHER FINANCIAL AID AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) 23 264635 CREDIT TO STUDENT ACCOUNTS FMV LASELL SCHOLARSHIPS AND OTHER FINANCIAL AID AWARDS EAST ASIA AND THE PACIFIC 4 46573 CREDIT TO STUDENT ACCOUNTS FMV 0 0 0 0 0 0 PART I, LINE 2: INSTITUTIONAL FINANCIAL ASSISTANCE IS AWARDED BASED ON BOTH A FINANCIAL NEED AND MERIT BASIS. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA AND THE INSTITUTIONAL METHODOLOGY NEED ANALYSIS FORMULA. MERIT AID IS AWARDED TO STUDENTS WHO MEET CERTAIN ACADEMIC CRITERIA WHO MAY OR MAY NOT ALSO HAVE FINANCIAL NEED FOR ASSISTANCE. CAMPUS BASED FINANCIAL ASSISTANCE FROM FEDERAL AND STATE SOURCES IS AWARDED BASED ON FINANCIAL NEED AND OTHER ELIGIBILITY REQUIREMENTS AS STIPULATED BY FEDERAL OR STATE GUIDELINES. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. X X X X X X 1 BENEFACTOR COUNSEL LLC 450 SOUTH FRONT STREET COLUMBUS OH 43215 CAPITAL CAMPAIGN 0 0 106130 0 106130 MA AK MD MI NH NY OR SC KY CO LA OH PA WA WI 1 SEOG GRANTS 45 106362 FMV CREDIT TO STUDENT ACCOUNTS MASSACHUSETTS GILBERT GRANTS 211 445400 FMV CREDIT TO STUDENT ACCOUNTS LASELL SCHOLARSHIPS AND OTHER FINANCIAL AID AWARDS 1100 13561393 FMV CREDIT TO STUDENT ACCOUNTS SCHOLARSHIPS FROM RESTRICTED GIFTS 163 315418 FMV CREDIT TO STUDENT ACCOUNTS LASELL SIBLING DISCOUNTS 11 32043 FMV CREDIT TO STUDENT ACCOUNTS PART I, LINE 2: INSTITUTIONAL FINANCIAL ASSISTANCE IS AWARDED BASED ON BOTH A FINANCIAL NEED AND MERIT BASIS. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA AND THE INSTITUTIONAL METHODOLOGY NEED ANALYSIS FORMULA. MERIT AID IS AWARDED TO STUDENTS WHO MEET CERTAIN ACADEMIC CRITERIA WHO MAY OR MAY NOT ALSO HAVE FINANCIAL NEED FOR ASSISTANCE. CAMPUS BASED FINANCIAL ASSISTANCE FROM FEDERAL AND STATE SOURCES IS AWARDED BASED ON FINANCIAL NEED AND OTHER ELIGIBILITY REQUIREMENTS AS STIPULATED BY FEDERAL OR STATE GUIDELINES. FINANCIAL NEED IS DETERMINED BY THE SUBMISSION OF THE FREE APPLICATION FOR FEDERAL STUDENT AID AND SUPPORTING DOCUMENTS AND THE USE OF THE FEDERAL METHODOLOGY NEED ANALYSIS FORMULA. X X X 0 1 0 0 0 0 0 1 0 ERIC TURNER PRESIDENT 352362 0 18500 0 11886 0 67115 0 44846 0 494709 0 0 0 ZEHRA ABID-WOOD PRESIDENT OF LASELL VILLAGE 282120 0 25000 0 270 0 11642 0 43259 0 362291 0 0 0 CHRYSTAL PORTER PROVOST 231600 0 5000 0 270 0 12330 0 38236 0 287436 0 0 0 ANDREW MAYLOR CFO, COO, VP OF STRATEGIC INITIATIVE 255339 0 5000 0 1188 0 12889 0 1754 0 276170 0 0 0 CHELSEA GWYTHER VP OF ADVANCEMENT 234059 0 5000 0 774 0 17609 0 1284 0 258726 0 0 0 JENNIFER OKEEFFE CHIEF OF STAFF & GENERAL COUNSEL 180682 0 0 0 270 0 9678 0 34913 0 225543 0 0 0 JESSE TAURIAC CHIEF DIVERSITY OFFICER 181290 0 5000 0 414 0 9045 0 476 0 196225 0 0 0 PART I, LINE 4B DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2024 THE UNIVERSITY CREDITED RETIREMENT PLANS PURSUANT TO SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN EMPLOYEES, AS FOLLOWS: ERIC TURNER, $40,000 PART I, LINE 7 THE BONUSES AWARDED TO SENIOR MANAGEMENT ARE DETERMINED BY THE PRESIDENT. THE BONUS AWARDED TO THE PRESIDENT IS DETERMINED BY THE BOARD OF TRUSTEES. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57584YN39 2021-06-09 61788707 REFUND OF PRIOR BOND ISSUES 0 0 0 A 61788707 1132705 1216703 59439299 2021 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 X 4 89871 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A MEETING OF THE GOVERNANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES (BOT) REVIEWED THE FORM 990 AND RECOMMENDED TO THE FULL BOT THAT THE FORM 990 BE ACCEPTED AND FILED. THE FORM 990 WAS MADE AVAILABLE TO THE FULL BOT. PRIOR TO THE BOARD MEETING AND THE BOT APPROVED THE MOTION TO ACCEPT THE FORM 990 AND FILE THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES SEND THE CONFLICT OF INTEREST FORMS TO THE EXECUTIVE ASSISTANT TO THE PRESIDENT WHO REVIEWS THE FORMS, LOOKING FOR CONFLICTS NOTED OR NOT NOTED BY THE TRUSTEE(S). IF A CONFLICT IS NOTED, THE FORM IS SENT TO THE COMMITTEE ON TRUSTEES OF THE BOARD TO REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES OF LASELL UNIVERSITY CONDUCTS AN ANNUAL WRITTEN EVALUATION OF THE PRESIDENT OF THE UNIVERSITY WHOSE DUTIES ALSO INCLUDE CEO OF LASELL VILLAGE AND ESTABLISHES COMPENSATION BASED ON PERFORMANCE AND AMONG OTHER DATA, CONSIDERS A COMPARISON OF PRESIDENTS AND CEO'S AT SIMILAR SIZED INSTITUTIONS. THE PRESIDENT REVIEWS THE PERFORMANCE OF EACH OFFICER AND KEY EMPLOYEE AGAINST A WRITTEN SET OF GOALS. COMPENSATION IS DETERMINED BY REVIEWING SALARY DATA OF THE RESPECTIVE POSITION AT PEER INSTITUTIONS, AS WELL AS REVIEWING SALARY DATA FROM NATIONAL SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. THE FINANCIAL STATEMENTS OF LASELL UNIVERSITY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AS WELL AS IN THE RESERVE SECTION OF THE UNIVERSITY'S LIBRARY. ADDITIONALLY, THE AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN ACTUARIAL VALUE OF ANNUITY LIABILITIES 15,464. CHANGE IN VALUE OF BENEFICIAL INTERESTS 275,279. LASELL VILLAGE 120 SEMINARY AVE AUBURNDALE MA 02466 223042122 RESIDENTIAL CARE MA 501(C)(3) LINE 10 LASELL INC 0 LASELL INC 1844 COMMONWEALTH AVE NEWTON MA 024662709 861070319 ADMINISTRATIVE SUPPORT MA 501(C)(3) LINE 12B, II N/A 0 CHARITABLE REMAINDER TRUSTS (2) INVESTMENTS MA LASELL UNIVERSITY T 1 TRUST INVESTMENTS MA LASELL UNIVERSITY T 732405 1.00000 1 TRUST INVESTMENTS MA LASELL UNIVERSITY T 1608817 1.00000 1 0 0 0 1 1 0 1 0 0 0 0 1 0 1 1 1 1 0 0