2022-11-28T16:44:19-06:00 2022-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2021-07-01 042534161 CHAPEL HILL-CHAUNCY HALL SCHOOL CHAP 7813140800 785 BEAVER STREET WALTHAM MA 02452 GWEN POJASEK CHIEF FINANCIAL OFFICER 7813140800 2022-11-27 1 GWEN POJASEK 999009999 LAURA KIELCZEWSKI P00740769 9592007000 2022-11-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LANCE CONRAD 785 BEAVER STREET WALTHAM MA 02452 15511110 0 X WWW.CHCH.ORG X 1972 MA WE ENGAGE A DIVERSE COMMUNITY OF LEARNERS IN A COLLABORATIVE EDUCATIONAL EXPERIENCE, PREPARING THEM FOR COLLEGE SUCCESS AND A LIFETIME OF MEANINGFUL ENGAGEMENT WITH THE BROADER WORLD. 21 21 197 10 0 0 1899991 1934815 10342280 13185398 343096 137065 113897 66724 12699264 15324002 2130770 2609978 0 0 6305781 7200333 0 0 211273 3356572 4119429 11793123 13929740 906141 1394262 23213235 22980670 14401110 12840043 8812125 10140627 WE ENGAGE A DIVERSE COMMUNITY OF LEARNERS IN A COLLABORATIVE EDUCATIONAL EXPERIENCE, PREPARING THEM FOR COLLEGE SUCCESS AND A LIFETIME OF MEANINGFUL ENGAGEMENT WITH THE BROADER WORLD. 0 0 9576416 2609978 10885080 EDUCATION PROVIDED TO APPROXIMATELY 179 BOARDING AND DAY STUDENTS AS PART OF DAILY CURRICULUM AND GRANTS FOR FINANCIAL ASSISTANCE TO STUDENTS IN NEED. 1472391 2321641 SUMMER AND CAMPS - COSTS TO OPERATE CAMPS WHICH PROVIDECAMPERS WITH VARIOUS ACTIVITIES AND PROGRAMS. 11048807 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 197 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X GWEN POJASEK 7813140800 785 BEAVER STREET WALTHAM MA 02452 RHONDA BENTLEY-LEWIS TRUSTEE 1.00 X 0 0 0 CHUCK BLACK TRUSTEE 1.00 X 0 0 0 SCOTT BRODY TRUSTEE 1.00 X 0 0 0 JOHN BUTEN CLERK 1.00 X X 0 0 0 LAURA CABOT CARRIGAN TRUSTEE 1.00 X 0 0 0 JOE CANNISTRARO TRUSTEE 1.00 X 0 0 0 SILVINA CHOUMENKOVITCH TRUSTEE 1.00 X 0 0 0 DAVID COHEN TRUSTEE 1.00 X 0 0 0 FRANCESCA COLLINA OUTGOING TRUSTEE 1.00 X 0 0 0 CHARLIE EVANGELAKOS TRUSTEE 1.00 X 0 0 0 BEN GIESS TREASURER 5.00 X X 0 0 0 MARK HARDMON TRUSTEE 1.00 X 0 0 0 ALDEN HARRINGTON TRUSTEE 1.00 X 0 0 0 BABU KRISHNAMURTHY OUTGOING TRUSTEE 1.00 X 0 0 0 TODD LEMKE TRUSTEE 1.00 X 0 0 0 CHENGGANG LIU OUTGOING TRUSTEE 1.00 X 0 0 0 DEB MANKIW VICE CHAIR OF THE BOARD 5.00 X X 0 0 0 CHARLOTTE MERRELL CHAIR OF THE BOARD 5.00 X X 0 0 0 TOM MULVEHILL OUTGIONG CLERK 1.00 X X 0 0 0 BERNARD J RUDMAN TRUSTEE 1.00 X 0 0 0 WILLIAM RYAN TRUSTEE 1.00 X 0 0 0 KIM SCIACCA TRUSTEE 1.00 X 0 0 0 DAN STRACHMAN TRUSTEE 1.00 X 0 0 0 RICH TESTA TRUSTEE 1.00 X 0 0 0 JEFF WOLK TRUSTEE 1.00 X 0 0 0 LANCE CONRAD HEAD OF SCHOOL 40.00 X 259374 0 37237 GWEN POJASEK CHIEF FINANCIAL OFFICER 40.00 X 175505 0 39387 JOSHUA BUBAR ASSISTANT HEAD OF SCHOOL 40.00 X 155467 0 8994 LESLIE KAYE CHIEF ADVANCEMENT OFFICER 40.00 X 161620 0 25963 LISA PELRINE DIR. OF ENROLLMENT MANAGEMENT 40.00 X 124254 0 27393 ALBERT UMINA DIRECTOR OF BUILDINGS & GROUNDS 40.00 X 125387 0 24929 DENISE GOGUEN RUNNING BROOK CAMPS & AR MANAGER 40.00 X 109188 0 11464 1110795 0 175367 8 0 1 0 FLIK DINING PO BOX 417632 BOSTON MA 02241 DINING SERVICES 873295 UNICLEAN SERVICE CORPORATION PO BOX 497 REVERE MA 02151 CLEANING SERVICES 205213 SPERBER LANDSCAPE COMPANIES OF NE LLC (D 1010 PLEASANT STREET SUITE 5 BELMONT MA 02478 CONTRACTOR 120839 LOCAL MOTION OF BOSTON 66B ROCSAM PARK ROAD BRAINTREE MA 02184 TRANSPORTATION SERVICES 116892 4 184949 1294742 455124 2050 1934815 TUITION, BOARDING FEES 611600 10863757 10863757 CAMP REGISTRATIONS 611600 2321641 2321641 13185398 204180 204180 54945 0 54945 54945 54945 37334 104449 -67115 -67115 -67115 39192 184949 48736 -9544 -9544 55246 33923 21323 21323 15324002 13206721 0 182466 2609978 2609978 674112 560768 113344 5065791 3774814 1238944 52033 243685 171762 69127 2796 810007 545540 245332 19135 406738 253541 140713 12484 14459 14459 34922 34922 32880 21156 2656 9068 97065 22141 74924 147953 62219 85734 332586 332586 43736 15219 28429 88 14945 12620 2325 279006 279006 831275 831275 131866 131866 FOOD SERVICE 712406 712406 REPAIRS & MAINTENANCE 583831 583831 SCHOOL/CAMP ACTIVITIES 534252 534252 SPORTS SUPPLIES 52074 52074 276173 115141 161032 13929740 11048807 2669660 211273 3595741 3470729 155818 69491 450733 157705 20582 16251 264587 296360 29729617 14806735 15028826 14922882 3638749 3286974 58199 58199 0 702079 23213235 22980670 672874 581735 4746295 4782650 8958561 7475658 23380 14401110 12840043 X 7909897 9501725 902228 638902 8812125 10140627 23213235 22980670 X 1394262 -767840 702079 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3638747 445634 -635603 161805 3286973 2701458 141692 932289 136692 3638747 2525041 207899 99507 130989 2701458 2822814 142672 114967 555412 2525041 2574358 133884 238456 123884 2822814 0.82875 0.02379 0.14746 0 0 4709166 4709166 25020451 14806735 10213716 14922882 X 12698833 -767840 784738 16898 12681935 2642067 2642067 15324002 11370331 82659 82659 11287672 2642067 2642067 13929739 PART V, LINE 4: INCOME FROM THE SCHOOL'S ENDOWMENT IS APPROPRIATED FOR STUDENT FINANCIAL AID, TEACHERS' SALARIES AND BENEFITS, AND OPERATING EXPENSES OF THE SCHOOL. APPROPRIATIONS ARE MADE IN ACCORDANCE WITH DONOR RESTRICTIONS AND THE SCHOOL'S APPROVED SPENDING POLICY. PART X, LINE 2: THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2022 OR 2021. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,923. SPECIAL EVENTS 48,736. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 702,079. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,609,978. CAPITAL CAMPAIGN EXPENSES 32,089. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 33,923. SPECIAL EVENTS 48,736. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 2,609,978. CAPITAL CAMPAIGN EXPENSES 32,089. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY IS INCLUDED IN BROCHURES AND OTHER COLLATERAL MATERIALS OF THE SCHOOL. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED AN UNSECURED PROMISSORY NOTE IN THE AMOUNT OF $1,261,000 PURSUANT TO THE PAYCHECK PROTECTION PROGRAM ("PPP") WHICH WAS FORGIVEN, IN FULL, ON SEPTEMBER 22, 2021. THE SCHOOL ALSO RECEIVED THE EMPLOYEE RETENTION CREDIT UNDER THE CARES ACT DURING THE TAX YEAR. SPRING GALA 93850 84270 9580 4988 1000 8835 CHEERS TO THE CHARGERS 86575 81875 4700 5381 1 43716 18804 24912 8500 16116 3916 224141 184949 39192 13488 17116 18132 48736 -9544 1 FINANCIAL ASSISTANCE 51 2609978 CASH VALUE FINANCIAL ASSISTANCE PART I, LINE 2: CH-CH USES SSS, A FINANCIAL AID SERVICE PROVIDED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) TO ASSIST WITH CREATING AN APPROPRIATE FINANCIAL AID PACKAGE. THE SSS REPORT COMBINED WITH TAX DOCUMENTS AND INFORMATION GATHERED BY THE FINANCIAL AID OFFICE ALL HELP DETERMINE A FAMILY'S AWARD. THE FINANCIAL AID COMMITTEE EVALUATES EACH FAMILY'S SITUATION INDIVIDUALLY AND AT TIMES THE AMOUNT OF AN AWARD MAY DIFFER FROM THAT STATED ON THE SSS REPORT. 1 X X X X 0 0 0 0 0 0 0 1 0 LANCE CONRAD HEAD OF SCHOOL 245874 0 13500 0 0 0 7792 0 29445 0 296611 0 0 0 GWEN POJASEK CHIEF FINANCIAL OFFICER 166366 0 8900 0 239 0 9215 0 30172 0 214892 0 0 0 LESLIE KAYE CHIEF ADVANCEMENT OFFICER 153870 0 7500 0 250 0 4257 0 21706 0 187583 0 0 0 JOSHUA BUBAR ASSISTANT HEAD OF SCHOOL 143299 0 11950 0 218 0 7958 0 1036 0 164461 0 0 0 LISA PELRINE DIR. OF ENROLLMENT MANAGEMENT 119558 0 4500 0 196 0 6535 0 20858 0 151647 0 0 0 ALBERT UMINA DIRECTOR OF BUILDINGS & GROUNDS 120223 0 5000 0 164 0 6634 0 18295 0 150316 0 0 0 PART I, LINE 7 THE EXECUTIVE TEAM RECEIVED A BOARD APPROVED BONUS WHICH WAS INCLUDED IN THEIR 2021 W2. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW AND APPROVAL BY THE SCHOOL'S MANAGEMENT, THE FORM 990 IS DISTRIBUTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW AND APPROVAL. ONCE APPROVED, THE FORM IS DISTRIBUTED TO THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN CASES OF CONFLICT OF INTEREST OR APPEARANCE OF CONFLICT, THE SCHOOL'S BOARD MEMBERS MUST MAKE FULL DISCLOSURE OF SUCH INTEREST PRIOR TO ANY DISCUSSION OR NEGOTIATION CONCERNING A PROPOSED TRANSACTION. ANY BOARD OR COMMITTEE MEMBER WHO IS AWARE OF A POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO ANY MATTER COMING BEFORE THE BOARD OR COMMITTEE SHALL NOT BE PRESENT FOR ANY DISCUSSION OR VOTE IN CONNECTION WITH THE MATTER. THE BOARD MEMBERS WILL SUBMIT ANNUAL REPORTS AND, IF NOT PREVIOUSLY DISCLOSED, WILL MAKE DISCLOSURE BEFORE ANY RELEVANT BOARD OR COMMITTEE ACTION. THESE REPORTS WILL BE REVIEWED BY THE HEAD'S SUPPORT COMMITTEE, SERVING IN AN EXECUTIVE CAPACITY, ATTEMPT TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICT(S) AND, IN THE ABSENCE OF RESOLUTION, REFER THE MATTER TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, ANNUALLY MAKES RECOMMENDATIONS TO THE FULL BOARD IN DETERMINING COMPENSATION FOR KEY OFFICIALS BASED UPON DATA FROM COMPARABLE INSTITUTIONS FOR SIMILAR POSITIONS AND RESPONSIBILITIES. THE ORGANIZATION ALSO PERFORMS AN ANNUAL COMPENSATION SURVEY BY REVIEWING FORM 990 OF PEER ORGANIZATIONS TO DETERMINE THE REASONABLENESS OF COMPENSATION. INSTITUTION-WIDE SALARIES FOR OTHER EMPLOYEES ARE DETERMINED AT MANAGEMENT'S DISCRETION WITH BOARD-APPROVED BUDGETED GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ORGANIZING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 702,079. 23 THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.