In 2017, salaries and benefits were up $1.7 million, primarily due to increased pension expense. Other operating expenses decreased by $1.0 million due primarily to nonrecurring 2016 software implementation costs and less maintenance fees. STATEMENTS OF CASH FLOWS The statements of cash flows summarize transactions involving cash and cash equivalents during each fiscal year. The statements provide an additional tool to assess the financial health of the institution and its ability to generate future cash flows to meet its obligations. Years Ended June 30, 2018 2017 2016 Net cash used - operating activities $ (40,750,651) $ (39,829,026) $ (38,342,641) Net cash provided - noncapital financing activities 48,012,430 45,160,195 43,925,313 Net cash used - capital and related financing activities (2,089,292) (3,734,746) (731,827) Net cash provided (used) - investing activities (842,682) (872,188) 125,173 Net increase in cash and cash equivalents 4,329,805 724,235 4,976,018 Cash and cash equivalents, beginning of year 9,955,625 9,231,390 4,255,372 Cash and cash equivalents, end of year $ 14,285,430 $ 9,955,625 $ 9,231,390 CCSNH maintains the cash position necessary to meet its obligations. The amount of cash on-hand fluctuates during the year due to the timing of tuition receipts and federal financial aid payments. Cash and cash equivalents increased by $4.3 million during 2018 and $724 thousand during 2017 primarily due to an increase in the appropriations from the State of New Hampshire. Cash and cash equivalents increased by $5.0 million during 2016 due to lower compensation and benefit expenses netted with a decrease of tuition and fees and grant revenue. In addition, net cash used by capital and related financing activities decreased as more projects, including the student center at GBCC and the automotive building at LRCC, were funded through State capital appropriations. Community College System of New Hampshire Community Colleges of New Hampshire Foundation 2018 2017 2018 2017 Assets Current assets Cash and cash equivalents $ 14,285,430 $ 9,955,625 $ 564 $ 28,715 Other current assets 604,723 1,147,151 - - Current portion of note and contributions receivable 187,418 133,268 50,222 40,113 Grants and contracts receivable 457,052 697,948 - - Operating investments 8,788,529 8,650,231 - - Receivable on forgiveness of debt 944,215 - - - Due from State of New Hampshire for capital appropriations 359,931 1,996,125 - - Total current assets 25,627,298 22,580,348 50,786 68,828 221 | P a g e
Noncurrent assets Student loans receivable, net 455,570 546,375 - - Note and contributions receivable, net 1,518,136 1,623,514 12,000 10,000 Investments 18,201,504 15,954,312 4,132,068 3,843,742 Capital assets, net 117,002,778 119,330,044 - - Total noncurrent assets 137,177,988 137,454,245 4,144,068 3,853,742 Total assets 162,805,286 160,034,593 4,194,854 3,922,570 Deferred outflows of resources Pension 12,185,635 20,060,746 - - Other postemployment benefits 3,990,916 - - - Total deferred outflows of Liabilities resources 16,176,551 20,060,746 - - Current liabilities Accounts payable and accrued expenses 951,094 1,193,203 39,063 - Accounts payable for capital assets 75,039 670,933 - - Accrued salaries and benefits 6,960,961 6,490,908 - - Unearned revenue and deposits 1,201,188 1,376,151 - - Current portion of bonds payable 2,040,332 2,122,925 - - Current portion of other long-term liabilities 111,826 114,335 - - Total current liabilities 11,340,440 11,968,455 39,063 - Noncurrent liabilities Due to the State of New Hampshire - 6,438 - - Accrued salaries and benefits 3,888,764 3,882,090 - - Refundable advances 490,447 554,950 - - Net pension liability 62,952,418 72,213,216 - - Bonds payable 13,607,237 17,053,847 - - Other postemployment benefits 116,176,993 - - - Other long-term liabilities 1,695,814 1,710,669 - - Total noncurrent liabilities 198,811,673 95,421,210 - - Total liabilities 210,152,113 107,389,665 39,063 - Deferred inflows of resources Pension 9,034,945 7,191,217 - - Other postemployment benefits 32,899,601 - - - Deferred gain from advance bond refunding 357,921 418,131 - - Total deferred inflows of resources 42,292,467 7,609,348 - - Net position, as restated Invested in capital assets, net of related debt 99,114,610 97,239,205 - - Restricted nonexpendable 14,429,385 12,873,853 1,574,158 1,545,356 Restricted expendable 3,991,013 4,041,565 2,088,979 1,985,184 Unrestricted (190,997,751) (49,058,297 ) 492,654 392,030 Total net position $ (73,462,743) $ 65,096,326 $ 4,155,791 $ 3,922,570 Community College System of New Hampshire Community Colleges of New Hampshire Foundation 2018 2017 2018 2017 Operating revenues Tuition and fees $ 67,582,763 $ 67,178,863 $ - $ - Less scholarships (20,386,827) (19,247,744) - - Net tuition and fees 47,195,936 47,931,119 - - Grants and contracts 21,596,642 21,345,849 - - Contributions - - 755,068 608,595 Other auxiliary enterprises 3,915,777 3,578,354 - - Other operating revenue 3,653,588 4,169,419 - - 222 | P a g e
- Page 1 and 2:
“Soar into your Future!” Accred
- Page 3 and 4:
Table of Contents INSTITUTIONAL CHA
- Page 5 and 6:
at least two but less than four yea
- Page 7 and 8:
Physical Therapy Assistant Radiolog
- Page 9 and 10:
a) Organization of academic affairs
- Page 11 and 12:
ORGANIZATIONAL CHARTS x | P a g e
- Page 13 and 14:
xii | P a g e
- Page 15 and 16:
xiv | P a g e
- Page 17 and 18:
xvi | P a g e
- Page 19 and 20:
xviii | P a g e
- Page 21 and 22:
xx | P a g e
- Page 23 and 24:
xxii | P a g e
- Page 25 and 26:
TABLE OF CIHE ACTIONS, ITEMS OF SPE
- Page 27 and 28:
INTRODUCTION River Valley Community
- Page 29 and 30:
RVCC STANDARD COMMITTEES Committee
- Page 31 and 32:
A recurring theme discussed through
- Page 33 and 34:
DATA FIRST FORMS GENERAL INFORMATIO
- Page 35 and 36:
Description Mission Statement: Rive
- Page 37 and 38:
Through our workforce development o
- Page 39 and 40:
Standard 1: Mission and Purposes At
- Page 41 and 42:
Description Planning and evaluation
- Page 43 and 44:
Committees for each Initiative met
- Page 45 and 46:
of the project, and the continued a
- Page 47 and 48:
oards and clinical/practicum precep
- Page 49 and 50:
necessary, guide a suspension or cl
- Page 51 and 52:
Standard 2: Planning and Evaluation
- Page 53 and 54:
Standard Three Organization & Gover
- Page 55 and 56:
Two (2) members from building/mecha
- Page 57 and 58:
Institutional Organization River Va
- Page 59 and 60:
challenges in financial stability r
- Page 61 and 62:
Standard 3: Organization and Govern
- Page 63 and 64:
37 | P a g e Standard Four The Acad
- Page 65 and 66:
progress through the program; and t
- Page 67 and 68:
All programs at RVCC strive to foll
- Page 69 and 70:
One area that came to light during
- Page 71 and 72:
All program curricula, as well as c
- Page 73 and 74:
the College. Faculty mentors often
- Page 75 and 76:
in the face to face format and are
- Page 77 and 78:
Standard 4: The Academic Program (S
- Page 79 and 80:
Standard 4: The Academic Program (H
- Page 81 and 82:
Standard 4: The Academic Program (H
- Page 83 and 84:
Standard 4: The Academic Program (C
- Page 85 and 86:
Description River Valley Community
- Page 87 and 88:
RVCC students who are 25 and over m
- Page 89 and 90:
Student Readiness for College The S
- Page 91 and 92:
The College, under the direction of
- Page 93 and 94:
Academic Advising All Program Direc
- Page 95 and 96:
In Fall of 2018, a group of student
- Page 97 and 98:
Strong community partnerships provi
- Page 99 and 100:
Standard 5: Students (Enrollment, F
- Page 101 and 102:
Undergraduate Admissions informatio
- Page 103 and 104:
Description River Valley Community
- Page 105 and 106:
While slightly increased over previ
- Page 107 and 108:
accrediting body. Many accrediting
- Page 109 and 110:
As per the full-time faculty’s CB
- Page 111 and 112:
There is a standard process that RV
- Page 113 and 114:
September of 2018 and the OTA progr
- Page 115 and 116:
mode of delivery when there is a ne
- Page 117 and 118:
Policies also exist to support form
- Page 119 and 120:
Standard 6: Teaching, Learning, and
- Page 121 and 122:
Standard 6: Teaching, Learning, and
- Page 123 and 124:
97 | P a g e Standard Seven Institu
- Page 125 and 126:
Gov. Grants $ 300,404 $ 1,389,296 $
- Page 127 and 128:
system of public community college
- Page 129 and 130:
udget for this program was increase
- Page 131 and 132:
CCSNH began a five-year budget mode
- Page 133 and 134:
een, or are being resolved. A CCSNH
- Page 135 and 136:
The RVCC IT Department has a studen
- Page 137 and 138:
Fiscal Year ends - month & day: (06
- Page 139 and 140:
FISCAL YEAR ENDS month & day ( / )
- Page 141 and 142:
FISCAL YEAR ENDS month & day ( 06 /
- Page 143 and 144:
Standard 7: Institutional Resources
- Page 145 and 146:
Standard Eight Educational Effectiv
- Page 147 and 148:
College, 88% (754) of the students
- Page 149 and 150:
Figure 8.2 - RVCC Student Transfer
- Page 151 and 152:
to ensure students were provided st
- Page 153 and 154:
(https://www.turningpointsnetwork.o
- Page 155 and 156:
Figure 8.5 - RVCC Program Completer
- Page 157 and 158:
new Clinical Coordinator was hired.
- Page 159 and 160:
Bachelor Cohort Entering Associate
- Page 161 and 162:
Student Success Measures/ Prior Per
- Page 163 and 164:
Description River Valley Community
- Page 165 and 166:
Policy, the Domestic Violence in th
- Page 167 and 168:
Hampshire as a self-governing body
- Page 169 and 170:
esponsibilities of both students an
- Page 171 and 172:
Projections By Fall of 2019, Col
- Page 173 and 174:
Advancement not avail. http://www.r
- Page 175 and 176: Standard 9: Integrity, Transparency
- Page 177 and 178: Programs, courses, services, and pe
- Page 179 and 180: Print Publications Self-study/ Fift
- Page 181 and 182: (1) (2) (3) (4) (5) CATEGORY Where
- Page 183 and 184: with college level math course. 5.B
- Page 185 and 186: continuingaccreditation offered at
- Page 187 and 188: 27. Respiratory Therapy, AS https:/
- Page 189 and 190: 4.12 Learning activities & instruct
- Page 191 and 192: Progress Report (to be submitted on
- Page 193 and 194: E-SERIES FORMS: MAKING ASSESSMENT M
- Page 195 and 196: Management Letter & Financial Repor
- Page 197 and 198: We have evaluated the key factors a
- Page 199 and 200: did not identify any deficiencies i
- Page 201 and 202: Table of Contents INDEPENDENT AUDIT
- Page 203 and 204: Bangor, Maine December 7, 2018 INTR
- Page 205 and 206: CCSNH has done an excellent job ens
- Page 207 and 208: CCSNH continues to see declines in
- Page 209 and 210: CCSNH, however, has one of the stro
- Page 211 and 212: As for wage gaps, across all age gr
- Page 213 and 214: FINANCIAL STATEMENTS CCSNH reports
- Page 215 and 216: Capital assets, net of accumulated
- Page 217 and 218: Net position Overall net position d
- Page 219 and 220: 193 | P a g e
- Page 221 and 222: Net position, beginning of year, as
- Page 223 and 224: 218 | P a g e
- Page 225: and the recognition of a gain of $2
- Page 229 and 230: Appropriations from the State of Ne
- Page 231 and 232: Nature of Business The Community Co
- Page 233 and 234: When capital assets are retired or
- Page 235 and 236: inflows and deferred outflows relat
- Page 237 and 238: 2. Change in Accounting Principle D
- Page 239 and 240: 5. Long-Term Liabilities Changes in
- Page 241 and 242: 6. Bonds Payable Bonds payable cons
- Page 243 and 244: 7. Defined Benefit Pension Plan CCS
- Page 245 and 246: Amounts reported as deferred outflo
- Page 247 and 248: Discount Rate The discount rate use
- Page 249 and 250: At June 30, 2018, CCSNH reported de
- Page 251 and 252: Discount Rate The discount rate use
- Page 253 and 254: Amounts reported as deferred outflo
- Page 255 and 256: Sensitivity Analysis The following
- Page 257 and 258: Investments Fair Value Measurement
- Page 259 and 260: CCSNH has not defined a limit in it
- Page 261 and 262: 256 | P a g e REQUIRED SUPPLEMENTAR
- Page 263 and 264: Notes to the Required Supplementary
- Page 265 and 266: Schedule of Collective Net OPEB Lia
- Page 267: Graduate Surveys List of new and el