2025-04-10T16:04:09-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 042109865 NORTHFIELD MOUNT HERMON SCHOOL NORT 4134983000 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MARY MCENEANY CFO/COO 4134983663 2025-04-10 1 1 LAURA J KENNEY P00202198 6177170831 2025-04-10 2023 2025-03-06 01:10:19Z BRIAN H HARGROVE ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 115475636 0 X WWW.NMHSCHOOL.ORG X 1879 MA NORTHFIELD MOUNT HERMON EDUCATES THE HEAD, HEART, AND HANDS OF OUR STUDENTS. WE ENGAGE THEIR INTELLECT, COMPASSION, AND TALENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 20 20 562 156 238149 0 16479221 48870340 45368047 47636065 6540753 9634124 873022 1197980 69261043 107338509 10182222 10942064 0 0 28037476 29745581 0 0 3652021 22425978 21939076 60645676 62626721 8615367 44711788 333120239 395102236 93996802 90659713 239123437 304442523 X NORTHFIELD MOUNT HERMON EDUCATES THE HEAD, HEART AND HANDS OF OUR STUDENTS. WE ENGAGE THEIR INTELLECT, COMPASSION, AND TALENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 0 0 38404847 10692839 46465709 NORTHFIELD MOUNT HERMON SCHOOL (NMH) GIVES YOUNG PEOPLE AN EXCEPTIONAL ACADEMIC EXPERIENCE TAUGHT BY EXPERT, CARING FACULTY. NMH IS A SECULAR COED BOARDING AND DAY SCHOOL FOR 632 STUDENTS IN GRADES NINE THROUGH TWELVE AND POST GRADUATE. OUR BEAUTIFUL WOODED CAMPUS BORDERS THE CONNECTICUT RIVER IN WESTERN MASSACHUSETTS' PIONEER VALLEY. HERE, WE CHALLENGE STUDENTS TO THINK CRITICALLY AND TO CHANNEL THEIR TALENTS TO DO GOOD IN THE WORLD, INSPIRING IN THEM A SENSE OF PURPOSE AT NMH, A CONSTELLATION OF ADULTS INTERACT WITH AND SUPPORT STUDENTS THROUGHOUT THE DAY. CLASSES ARE SMALL AND EXTENDED TO ALLOW STUDENTS TO EXPLORE EACH SUBJECT IN DEPTH. STUDENTS TAKE THREE MAJOR COURSES EACH SEMESTER FOR A TOTAL OF SIX CHALLENGING COLLEGE-PREPARATORY COURSES PER YEAR. THE SCHOOL OFFERS AN EXTENSIVE CHOICE OF SPORTS TEAMS, PERFORMING ARTS GROUPS, CLUBS AND STUDY-ABROAD OPTIONS. AN ESTIMATED 150 STUDENTS VOLUNTEER EACH TERM IN SERVICE ACTIVITIES. STUDENTS ALSO HELP RUN OUR WORKING FARM, AND PROVIDE SUPPORT FOR GRADUATIONAL CREDIT IN MULTIPLE DEPARTMENTS, INCLUDING FOOD SERVICES AND PLANT FACILITIES. 923562 249225 1973163 NORTHFIELD MOUNT HERMON SCHOOL "NMH SUMMER" OFFERS PROGRAMS FOR STUDENTS WISHING TO ENRICH, SUPPLEMENT, OR ACCELERATE THEIR SCHOOL-YEAR EDUCATION. WE HAVE AN EXTENSIVE, COMPREHENSIVE PROGRAM THAT HAS EXISTED IN VARIOUS FORMS FOR MORE THAN 100 YEARS. EACH SUMMER, WE GATHER AS A COMMUNITY OF 240 NMH SUMMER STUDENTS TO ENGAGE IN ACADEMIC WORK AND TO LEARN FROM EACH OTHER IN MANY DIFFERENT WAYS. OUR STUDENT POPULATION IS DIVERSE AND GLOBALLY INCLINED -- IN THE SUMMER OF 2023, 19 DIFFERENT COUNTRIES AND 18 STATES WITHIN THE U.S. WERE REPRESENTED. OUR 30 TALENTED FACULTY MEMBERS AND 30 TEACHING FELLOWS PROVIDED AN OUTSTANDING EXPERIENCE FOR OUR STUDENTS. OUR GOAL, THROUGH ALL ASPECTS OF OUR COMPREHENSIVE PROGRAM, IS TO PROVIDE A VALUABLE, LIFE-CHANGING EXPERIENCE FOR EACH STUDENT WHO JOINS US. FOR MANY STUDENTS, NMH SUMMER PROVIDES THEIR FIRST EXPERIENCE OF A RIGOROUS INDEPENDENT BOARDING SCHOOL ACADEMIC PROGRAM AND CHALLENGES THEM TO A NEW LEVEL. OTHER STUDENTS COME FROM VARIOUS PEER SCHOOLS AND USE THEIR NMH SUMMER PROGRAM AS AN OPPORTUNITY TO FURTHER ACCELERATE ACADEMIC SKILLS, ADVANCE IN THEIR COURSEWORK, GAIN CONFIDENCE AND INDEPENDENCE, AND PREPARE FOR COLLEGE. 39328409 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 144 0 1 562 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARY MCENEANY 4134983663 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MARIAH D CALAGIONE TRUSTEE/CHAIR 3.00 0.00 X X 0 0 0 STEPHEN W GAUSTER TRUSTEE/VICE CHAIR 3.00 0.00 X X 0 0 0 SHANNON WEINBERGER TRUSTEE/SECRETARY 3.00 0.00 X X 0 0 0 JUSTIN WAI TRUSTEE/TREASURER 3.00 0.00 X X 0 0 0 JEWEL AZANIA ANDREWS TRUSTEE 3.00 0.00 X 0 0 0 TIFFANI R BROWN TRUSTEE 3.00 0.00 X 0 0 0 DAVID B CADE TRUSTEE 3.00 0.00 X 0 0 0 BADER A EL-JEAAN TRUSTEE 3.00 0.00 X 0 0 0 ALISON S ELLIOTT TRUSTEE 3.00 0.00 X 0 0 0 MIRJA C HAFFNER TRUSTEE 3.00 0.00 X 0 0 0 MONIE T HARDWICK TRUSTEE 3.00 0.00 X 0 0 0 JOSEPHINE M HART TRUSTEE 3.00 0.00 X 0 0 0 THERESA M JACOBS TRUSTEE 3.00 0.00 X 0 0 0 JAY M KAPLAN TRUSTEE 3.00 0.00 X 0 0 0 CHARLES A KNIRSCH TRUSTEE 3.00 0.00 X 0 0 0 AUDREY G KUBIE TRUSTEE 3.00 0.00 X 0 0 0 ALEX LOTOCKI DE VELIGOST TRUSTEE 3.00 0.00 X 0 0 0 PETER J MACDONALD TRUSTEE 3.00 0.00 X 0 0 0 CARL D MEYER TRUSTEE 3.00 0.00 X 0 0 0 ANDREW P NESS TRUSTEE 3.00 0.00 X 0 0 0 EDWARD B PITONIAK TRUSTEE 3.00 0.00 X 0 0 0 BRIAN H HARGROVE HEAD OF SCHOOL 50.00 0.00 X 525009 0 238214 MARY MCENEANY COO/CFO 50.00 0.00 X 300524 0 35370 DEANNA FLETCHER VICE SECRETARY 40.00 0.00 X 65699 0 2304 PATRICIA JACKSON CHIEF ADVANCEMENT OFFICER 50.00 0.00 X 254323 0 63173 CHARLES TIERNEY ASSISTANT HEAD OF SCHOOL 50.00 0.00 X 226189 0 54842 CLAUDE ANDERSON DEAN OF ENROLLMENT 50.00 0.00 X 198233 0 40378 SARA ROURKE DOCTOR 50.00 0.00 X 203412 0 128044 BEATRIZ GARCIA DEAN OF FACULTY 50.00 0.00 X 149226 0 70961 MARTHA NEUBERT DEAN OF EQUITY & SOCIAL JUSTICE 50.00 0.00 X 126697 0 81799 JEFF SEYMOUR DIRECTOR OF PLANT FACILITIES 50.00 0.00 X 141386 0 4898 THEMBA FLOWERS DIRECTOR OF INFORMATION TECHNOLOGY 50.00 0.00 X 123468 0 37589 2314166 0 757572 19 0 1 0 RENAISSANCE BUILDERS PO BOX 272 TURNERS FALLS MA 01376 CONSTRUCTION 3055577 STATEWIDE AQUASTORE INC 6010 DROTT DRIVE EAST SYRACUSE NY 13057 CONSTRUCTION 736050 E&R LAUNDRY 80 ROSS AVE MANCHESTER NH 03101 LAUNDRY SERVICES 439189 THE MELANSON COMPANY 353 WEST ST KEENE NH 03431 CONSTRUCTION 314353 MOWRY & SCMIDT INC 15 POWER COURT GREENFIELD MA 01302 CONSTRUCTION 312058 37 48870340 1882029 48870340 SCHOOL YEAR TUITION 611110 45208218 45208218 SUMMER TUITION/FEES 611110 1973163 1973163 SUMMER CAMP AND CONFER 900099 271909 271909 182775 182775 47636065 5251627 -35378 5287005 123264 0 123264 123264 123264 12269555 16819 7887658 16219 4381897 600 4382497 1618 4380879 391817 233250 158567 158567 EVERSOURCE SOLAR CREDI 900099 589496 589496 MISCELLANEOUS 900099 326653 326653 916149 107338509 48438872 238149 9791148 10942064 10942064 1892521 1608048 284473 15375 15375 18832974 11024767 6237204 1571003 1943102 909476 837811 195815 5568570 3140176 2129978 298416 1493039 806029 554723 132287 337048 337048 125214 125214 315735 315735 559527 146293 210741 202493 81042 5766 75276 971901 287754 515160 168987 824042 54658 622388 146996 2315855 2027836 267364 20655 656311 189596 223147 243568 314473 14110 48425 251938 3162926 3162926 6595021 6024784 544701 25536 781413 781413 FOOD/FLOWERS/INVENTORY 1382498 1367919 14579 PLANT MAINTENANCE 1196562 660678 516484 19400 STUDENT ACTIVITIES 1168850 1070507 98343 STUDENT TRANSPORTATION 422205 422205 728453 233791 434162 60500 62626721 39328409 19646291 3652021 7726062 35638813 15532294 3304482 9792720 12587616 5803803 6505809 472269 516363 596857 721418 214900968 115017716 100514593 99883252 105623816 140599676 87057825 95344807 333120239 395102236 2301894 3043408 15871206 15099169 60837318 59531652 419211 434476 14567173 12551008 93996802 90659713 X 93274965 138995292 145848472 165447231 239123437 304442523 333120239 395102236 X 44711788 18516864 2090434 X 0 1 X 1 0 X 12726291 12674890 15125882 16479221 48870340 105876624 12726291 12674890 15125882 16479221 48870340 105876624 28523851 77352773 2161305 2273970 3666345 3310350 5410269 16822239 122698863 227794849 0.63040 0.79580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 186082292 29308239 25051648 3667811 7582431 229191937 167228260 5414164 20370768 3552973 3377927 186082292 189597546 6476558 -21699450 3196796 3949598 167228260 151911222 4437896 43610015 3034700 7326887 189597546 159905687 4177832 -4293067 2764353 5114877 151911222 0.42060 0.42920 0.15020 0 0 61019 61019 178370636 89834568 88536068 27742478 23164461 4578017 8726835 2018687 6708148 99883252 TIMBER 3980000 F HEDGE FUNDS 7880150 F PRIVATE EQUITY 6068015 F INTERNATIONAL 60030118 F VENTURE CAPITAL 876086 F INVESTMENT IN ENWC 1308613 F PRIVATE REAL ASSETS 2567625 F OPPORTUNISTIC CREDIT 12634200 F 95344807 SWAP AGREEMENTS LIABILITY 3263846 OBLIGATION UNDER SPLIT INTEREST AGREEMENTS 2146681 ASSET RETIREMENT OBLIGATION 7140481 12551008 117106830 18561694 2464426 21026120 96080710 315735 10942064 11257799 107338509 51648019 279097 279097 51368922 315735 10942064 11257799 62626721 PART IV, LINE 2B: NORTHFIELD MOUNT HERMON SCHOOL MAINTAINS AGENCY ACCOUNTS AND ACTS AS A FISCAL AGENT FOR THE FUNDS. THESE AGENCY ACCOUNTS ARE MAINTAINED TO SUPPORT STUDENT INTRAMURAL SPORT CLUBS, COMMUNITY OUTREACH INITIATIVES, MUSICAL GROUPS AND OTHER EXTRACURRICULAR ACTIVITIES. PART V, LINE 4: NORTHFIELD MOUNT HERMON SCHOOL'S ENDOWED FUNDS ARE INVESTED IN PERPETUITY AND THE INCOME IS USED TO FUND ITS PROGRAMS. THE FUNDS ARE INVESTED FOR LONG TERM GROWTH SO THAT CURRENT AND FUTURE GENERATIONS OF STUDENTS WILL RECEIVE BENEFIT FROM THE FUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ENWC REVENUE 373,992. CHANGE IN VALUE OF SWAP AGREEMENTS 1,930,433. REALIZED GAIN ON SWAP AGREEMENTS 160,001. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 10,942,064. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENWC EXPENSES 279,097. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 10,942,064. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATION POLICY IS PUBLICLY ACCESSIBLE ON THE SCHOOL'S WEBSITE HOMEPAGE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 65066555 MIDDLE EAST AND NORTH AFRICA 0 0 FUNDRAISING 49306 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 11521 EUROPE (INCLUDING ICELAND & GREENLAND) 0 3 PROGRAM SERVICES RECRUITMENT 21794 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RECRUITMENT 14917 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES RECRUITMENT 4342 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES RECRUITMENT 3960 NORTH AMERICA 0 0 PROGRAM SERVICES RECRUITMENT 671 SOUTH AMERICA 0 0 PROGRAM SERVICES RECRUITMENT 654 SOUTH AMERICA 0 3 PROGRAM SERVICES RECRUITMENT 21794 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RECRUITMENT 9706 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES RECRUITMENT 7159 0 3 0 4 0 7 65173066 39313 65212379 1 0 1 1 1 1 PART I, LINE 3: THE SCHOOL USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR EXPENDITURES. 1 0 0 SCHOLARSHIPS 190 10942064 N/A N/A PART I, LINE 2: IN ORDER TO OBJECTIVELY ESTABLISH FINANCIAL NEED, NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUBSCRIBES TO THE SERVICES OF THE SCHOOL SCHOLARSHIP SERVICE (SSS) WHICH PROVIDES A FINANCIAL AID NEED ANALYSIS BASED ON INFORMATION MADE AVAILABLE BY FAMILIES IN A CONFIDENTIAL STATEMENT KNOWN AS THE PFS -- PARENT FINANCIAL STATEMENT. BY APPLYING OBJECTIVE CRITERIA IN A SPECIFIC FORMULA, SSS IS ABLE TO HELP ESTABLISH A FAMILY'S ABILITY TO PAY THE EXPECTED PARENTAL CONTRIBUTION, WHICH IS THEN ADJUSTED FOR THE NUMBER OF OTHER FAMILY MEMBERS IN TUITION CHARGING INSTITUTIONS AND FOR DAY VERSUS BOARDING SITUATIONS. ONCE FINANCIAL NEED HAS BEEN ESTABLISHED, NMH WILL MAKE A FINANCIAL AID AWARD WHICH COMES AS CLOSE AS POSSIBLE TO MEETING THE INDICATED NEED. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BRIAN H HARGROVE HEAD OF SCHOOL 523509 0 0 0 1500 0 30011 0 208203 0 763223 0 0 0 MARY MCENEANY COO/CFO 297836 0 0 0 2688 0 28131 0 7239 0 335894 0 0 0 SARA ROURKE DOCTOR 202526 0 0 0 886 0 19918 0 108126 0 331456 0 0 0 PATRICIA JACKSON CHIEF ADVANCEMENT OFFICER 252019 0 0 0 2304 0 12883 0 50290 0 317496 0 0 0 CHARLES TIERNEY ASSISTANT HEAD OF SCHOOL 224047 0 0 0 2142 0 21901 0 32941 0 281031 0 0 0 CLAUDE ANDERSON DEAN OF ENROLLMENT 195488 0 0 0 2745 0 11029 0 29349 0 238611 0 0 0 BEATRIZ GARCIA DEAN OF FACULTY 147275 0 0 0 1951 0 14604 0 56357 0 220187 0 0 0 MARTHA NEUBERT DEAN OF EQUITY & SOCIAL JUSTICE 119386 0 0 0 7311 0 17641 0 64158 0 208496 0 0 0 THEMBA FLOWERS DIRECTOR OF INFORMATION TECHNOLOGY 122849 0 0 0 619 0 15938 0 21651 0 161057 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED FOR OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER AND IS NOT INCLUDED IN TAXABLE WAGES. NON-TAXABLE BENEFITS (REPORTED IN SCHEDULE J, PART II, COLUMN D) FOR THE FOLLOWING INDIVIDUALS INCLUDES HOUSING AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE EMPLOYER: BRIAN HARGROVE, $147,415 CHARLES TIERNEY, $18,361; PATRICIA JACKSON, $43,799; BEATRIZ GARCIA, $43,959; CLAUDE ANDERSON, $22,451; THEMBA FLOWERS $7,586. TRAVEL IS PROVIDED FOR THE HEAD OF SCHOOL'S SPOUSE. THIS WAS TREATED AS NONTAXABLE INCOME. A MDFA 2014 BONDS 043431814 2014-03-26 68635000 REFUND OF 2007 BONDS 0 0 0 A 8597000 68635000 670000 67965000 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00450 0.00450 0 0 1 A 0 0 1 0 1 1 MORGAN STANLEY 23.000000000000 0 0 0 0 1 A 1 PART IV, LINE 4B AND 4C: 2014 SERIES BONDS HEDGE PROVIDER: MORGAN STANLEY TERM: 23 LINDA C HARGROVE SPOUSE OF OFFICER 15375 EMPLOYMENT 0 X 75 1882029 MARKET VALUE 0 0 1 0 PART I, COLUMN (B): REPORTED THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD MAY DELEGATE SOME OR ALL OF ITS POWERS TO COMMITTEES, EXCEPT THOSE POWERS WHICH BY LAW, THE ARTICLES OF ORGANIZATION, OR THE BY-LAWS IT IS PROHIBITED FROM DELEGATING. COMMITTEES SHALL BE DESIGNATED EITHER STANDING OR AD HOC COMMITTEES. IN NO EVENT SHALL THE FOLLOWING POWERS BE DELEGATED BY THE BOARD TO ANY COMMITTEE ESTABLISHED BY IT: (I) THE POWER TO CHANGE THE PRINCIPAL OFFICE OF THE CORPORATION. (II) THE POWER TO AMEND THE BY-LAWS. (III) THE POWER TO ELECT OFFICERS REQUIRED BY LAW, THE ARTICLES OFORGANIZATION, OR THE BY-LAWS TO BE ELECTED BY THE BOARD AND THE POWER TO FILL VACANCIES IN ANY SUCH OFFICES. (IV) THE POWER TO CHANGE THE NUMBER OF MEMBERS CONSTITUTING THE BOARD AND THE POWER TO FILL VACANCIES ON THE BOARD. (V) THE POWER TO REMOVE OFFICERS FROM OFFICE OR TRUSTEES FROM THE BOARD. (VI) THE POWER TO AUTHORIZE A MERGER OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B ONCE NORTHFIELD MOUNT HERMON SCHOOL (NMH)'S FORM 990 IS COMPLETED, IT IS FIRST REVIEWED BY NMH'S INTERNAL MANAGEMENT. FOLLOWING THAT REVIEW, NMH'S INTERNAL MANAGEMENT AND OUTSIDE TAX ADVISORS PRESENT THE FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTIONS) TO THE AUDIT COMMITTEE FOR REVIEW AND COMMENT. THE CHAIR OF THE AUDIT COMMITTEE REVIEWS SCHEDULE B WITH THE CHAIR OF THE BOARD OF TRUSTEES. THE COMPLETED FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS) IS PROVIDED TO MEMBERS OF THE AUDIT COMMITTEE PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NORTHFIELD MOUNT HERMON SCHOOL (NMH) MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY REQUIRING DISCLOSURE OF RELEVANT FACTS THAT GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST. ANNUALLY, OFFICERS, KEY EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ACKNOWLEDGE INN WRITING THAT THEY HAVE READ AND UNDERSTOOD THE CONFLICT-OF-INTEREST POLICY. ADDITIONALLY, EACH OFFICER, KEY EMPLOYEE, AND BOARD MEMBER ACKNOWLEDGES WITH SIGNATURE THAT NO CONFLICT OF INTEREST EXISTS OR PROVIDES DISCLOSURE OF A CONFLICT. THE FORMS ARE RETURNED TO THE EXECUTIVE ASSISTANT TO THE HEAD OF SCHOOL. IF A CONFLICT EXISTS, THAT MEMBER MAY NOT BE PRESENT FOR DELIBERATIONS OR PARTICIPATE IN DECISIONS FOR A TRANSACTION INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 NORTHFIELD MOUNT HERMON SCHOOL (NMH) HAS AN INDEPENDENT COMPENSATION AND BENEFITS COMMITTEE THAT REVIEWS ANNUALLY THE PERFORMANCE OF THE HEAD OF SCHOOL AND THE SENIOR STAFF BASED ON FEEDBACK SHARED FROM ALL INDEPENDENT TRUSTEES. DURING ITS REVIEW OF THAT FEEDBACK AND CONSIDERING AVAILABLE ANALYTICAL MARKET DATA, THE COMMITTEE SETS THE COMPENSATION OF THE HEAD OF SCHOOL FOR THE UPCOMING YEAR. AT THE FALL MEETING OF THE FULL BOARD, THE COMMITTEE GIVES AN ORAL REPORT OF ITS FINDINGS AND RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE. THE LAST REVIEW WAS PERFORMED IN 2024. THE HEAD OF SCHOOL IS RESPONSIBLE FOR SETTING THE COMPENSATION FOR THE SENIOR STAFF BASED ON COMPARABLE MARKET DATA. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 NORTHFIELD MOUNT HERMON SCHOOL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE SCHOOL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS 1,930,433. REALIZED GAIN ON SWAP AGREEMENTS 160,001. EAST NORTHFIELD WATER COMPANY PO BOX 152 NORTHFIELD MA 01360 041269905 WATER COMPANY MA NMH C 54081 953426 1.00000 1 CHARITABLE REMAINDER UNITRUST (1) SUPPORT NY NMH T 0.50000 0 HIBBARD TRUSTS (2) SUPPORT MA NMH T 0.85000 1 CHARITABLE REMAINDER ANNUITY TRUST (4) SUPPORT MA NMH T 1.00000 1 CHARITABLE REMAINDER UNITRUST (7) SUPPORT MA NMH T 1.00000 1 POOLED INCOME FUND (7) SUPPORT MA NMH T 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 EAST NORTHFIELD WATER COMPANY A 13953 FMV EAST NORTHFIELD WATER COMPANY J 13289 LEASE AGREEMENT HIBBARD TRUSTS (2) S 82220 FMV