RVCC 2019 NECHE Self-Study

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 - -
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