2020-05-15T09:17:58-05:00 2019-06-30 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-07-01 042109865 NORTHFIELD MOUNT HERMON SCHOOL NORT 4134983000 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 MARY MCENEANY ASST HEAD OF SCHOOL FIN/COO 4134983663 2020-05-12 1 LAURA J KENNEY P00202198 6177170831 2020-05-12 64.251.63.131 2020-05-12 15:23:02 ED P F655607A01BC9414CB150F5C2D5B642F4B7C09E6 B49528270D5C596423F272EFB472E66EFBF6AFC8 2018 2020-11-19 02:30:22Z BRIAN HARGROVE ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 187227990 0 X WWW.NMHSCHOOL.ORG X 1879 MA NORTHFIELD MOUNT HERMON PROVIDES SECONDARY SCHOOL EDUCATION, ENGAGING THE INTELLECT, COMPASSION, AND TALENTS OF OUR STUDENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 24 23 634 200 309094 0 14586443 13493048 42494904 42887633 2417594 7540784 1546685 960339 61045626 64881804 7831650 8110560 0 0 28775561 28407715 72292 124702 4076818 21809760 20977166 58489263 57620143 2556363 7261661 280823470 284770841 99885138 102246908 180938332 182523933 X NORTHFIELD MOUNT HERMON PROVIDES SECONDARY SCHOOL EDUCATION, ENGAGING THE INTELLECT, COMPASSION, AND TALENTS OF OUR STUDENTS, EMPOWERING THEM TO ACT WITH HUMANITY AND PURPOSE. 0 0 33586161 7780042 41370138 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 642 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. MORE THAN 200 STUDENTS VOLUNTEER EACH SEMESTER IN OUTREACH ACTIVITIES. STUDENTS HELP RUN OUR WORKING FARM, WHICH HAS BEEN IN OPERATION SINCE THE SCHOOL'S FOUNDING IN 1879. 1316621 330518 1952807 NORTHFIELD MOUNT HERMON SCHOOL (NMH) SUMMER SESSION 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 TO ENGAGE IN ACADEMIC WORK AND TO LEARN FROM EACH OTHER IN MANY DIFFERENT WAYS. OUR STUDENT POPULATION IS DIVERSE AND WORLDLY -- IN THE SUMMER OF 2018, 13 DIFFERENT COUNTRIES AND 18 STATES WITHIN THE U.S. WERE REPRESENTED. OUR TALENTED FACULTY IS ASSISTED BY 30 TEACHING INTERNS TO PROVIDE 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 SESSION PROVIDES THEIR FIRST TASTE OF A RIGOROUS ACADEMIC EXPERIENCE AND CHALLENGES THEM TO A NEW LEVEL. OTHER STUDENTS COME FROM STRONG SCHOOLS AND USE THEIR SUMMER HERE AS AN OPPORTUNITY TO FURTHER BUILD ACADEMIC SKILLS, ADVANCE IN THEIR COURSEWORK AND PREPARE FOR COLLEGE. 34902782 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 1 1 0 1 0 0 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 1 0 0 1 160 0 1 634 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARY MCENEANY ASSISTANT HEAD OF SCHOOL FOR FINCOO 4134983663 ONE LAMPLIGHTER WAY MOUNT HERMON MA 01354 ALEX LEVY TRUSTEE 3.00 X 0 0 0 ALEXANDER LOTOCKI DE-VELIGOST TRUSTEE 3.00 X 0 0 0 ALISON S ELLIOT TRUSTEE 3.00 X 0 0 0 AUDREY G KUBIE TRUSTEE 3.00 X 0 0 0 CAROLINE N NIEDERMAN ALUMNI COUNCIL PRESIDENT 3.00 X 0 0 0 CHARLES TIERNEY ASST. HEAD OF SCHOOL 50.00 X X 244753 0 145860 DAVID M STEINBERG TRUSTEE 3.00 X 0 0 0 DONALD G GLASCOFF TRUSTEE 3.00 X 0 0 0 JAY KAPLAN TRUSTEE 3.00 X 0 0 0 JUSTIN WAI TRUSTEE 3.00 X 0 0 0 LAUREN N HOKIN TRUSTEE 3.00 X 0 0 0 MARGARET B CLARK VICE CHAIR (UNTIL MAY, 2019) 3.00 X 0 0 0 MARIAH CALAGIONE TRUSTEE 3.00 X 0 0 0 MATTHEW GLASS TRUSTEE 3.00 X 0 0 0 MAURICE L COLEMAN TRUSTEE 3.00 X 0 0 0 MOLLY TALBOT TRUSTEE 3.00 X 0 0 0 MONIE T HARDWICK TRUSTEE 3.00 X 0 0 0 PETER F GUILD TRUSTEE 3.00 X 0 0 0 PETER J MACDONALD TRUSTEE (UNTIL MAY 2019) 3.00 X 0 0 0 ROBERTA TAGGART TRUSTEE 3.00 X 0 0 0 RYAN R VINEYARD TRUSTEE 3.00 X 0 0 0 SHANNON WEINBERGER TRUSTEE 3.00 X 0 0 0 STEPHEN W GAUSTER TRUSTEE 3.00 X 0 0 0 SUMITA AMBASTA TRUSTEE 3.00 X 0 0 0 TIFFANI R BROWN TRUSTEE 3.00 X 0 0 0 WARREN R WEBSTER III TRUSTEE 3.00 X 0 0 0 DEANNA FLETCHER SECRETARY 40.00 X 62485 0 5314 JOHN ALDEN INTERIM CFO & TREASURER 50.00 X 231760 0 30035 LYNNE RAYMER DIRECTOR OF FINANCIAL OPERATIONS 50.00 X 162077 0 16530 ALLYSON GOODWIN CHIEF ADVANCEMENT OFFICER 50.00 X 214670 0 56536 CLAUDE ANDERSON DEAN OF ENROLLMENT 50.00 X 166760 0 44634 RICHARD COUTURE DIRECTOR OF PLANT FACILITIES 50.00 X 159636 0 22821 ALICIA REED MAJOR GIFTS OFFICER 50.00 X 116281 0 17022 HUGH SILBAUGH DEAN OF FACULTY 50.00 X 128735 0 27507 JEFFREY LEYDEN DIRECTOR OF PLANNED GIVING 50.00 X 105073 0 23487 NICOLE HAGER DEAN OF STUDENTS 50.00 X 118341 0 11284 SARA ROURKE DIRECTOR OF MEDICINE 50.00 X 190144 0 36180 PETER FAYROIAN FORMER HEAD OF SCHOOL (UNTIL 6/18) 3.00 X 194803 0 69531 2095518 0 506741 15 1 1 0 ENVIRONMENTAL SYSTEMS CORPORATION 18 JANSEN COURT WEST HARTFORD CT 06110 CONTRACTOR 490648 E&R LAUNDRY 80 ROSS AVE MANCHESTER NH 03101 STUDENT LAUNDRY SERVICES 393382 FM KUZMESKUS INC 52 MAIN ROAD PO BOX 484 GILL MA 01354 TRANSPORTATION SERVICES 328172 FILLION ASSOCIATES INC 35 TALLMAN AVE EAST PROVIDENCE RI 02914 CONTRACTOR 228824 BREAD LOAD CORP 1293 RT 7 SOUTH MIDDLEBURY VT 05753 CONTRACTOR 209202 17 418468 13074580 1727728 13493048 TUITION AND FEES, SCHOOL YEAR 611110 40191719 40191719 TUITION AND FEES, SUMMER 611110 1952807 1952807 NURSERY SCHOOL 900099 307836 307836 SUMMER CAMP AND CONFERENCES 611710 299674 299674 OTHER PROGRAM SERVICE REVENUE 900099 135597 135597 42887633 5592932 6473 5586459 123333 0 123333 123333 123333 124225930 35350 122309702 3726 1916228 31624 1947852 2947 1944905 134778 32758 102020 102020 MISCELLANEOUS 900099 734986 734986 734986 64881804 43322945 309094 7756717 8110560 8110560 1438106 1177298 260808 18841428 10919629 5747416 2174383 1286946 757439 421422 108085 5356670 3280110 1654999 421561 1484565 783014 525317 176234 249141 248641 500 108584 108584 124702 124702 180632 180632 1928263 108093 1627292 192878 39889 4736 31091 4062 1169983 493673 521802 154508 513428 29562 477983 5883 1888338 1463064 417260 8014 460211 82944 229677 147590 249151 50063 84765 114323 2506324 2506324 6075726 5093925 970352 11449 574604 574604 PROVISIONS - FOOD/FLOWE 1722320 1519140 62989 140191 PLANT MAINTENANCE 1563103 985005 570208 7890 FIELD TRIPS/STUDENT ACT 744294 668310 75984 STUDENT TRANSPORTATION 396196 393816 2380 606979 159699 423523 23757 57620143 34902782 18640543 4076818 1 15921920 20990004 5556378 6354075 4079218 4493554 122989 6028956 343707 328739 1072392 1129600 158837104 83364094 79219119 75473010 107756176 93390360 66751571 76582542 280823470 284770841 2672795 1866096 10930872 11188984 65497121 64794035 173881 174463 20610469 24223330 99885138 102246908 X 59302584 53959325 34699902 38056764 86935846 90507844 180938332 182523933 280823470 284770841 X 7261661 -1404266 -4271794 X 0 1 X 1 0 X 12772927 14826918 9556898 14586443 13493048 65236234 12772927 14826918 9556898 14586443 13493048 65236234 5344439 59891795 2350484 1922788 1594446 7105554 5709792 18683064 83919298 211383030 0.71370 0.73540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 158461367 4355558 4316762 2585095 4642905 159905687 143064829 8857597 9525996 2343688 643367 158461367 130960914 4237864 14111995 6245944 143064829 138846465 3517790 -4935038 6468303 130960914 138564002 3256882 2734581 1941090 3767910 138846465 0.39000 0.52000 0.09000 0 0 61019 61019 130074509 62683749 67390760 22833758 19246064 3587694 5867818 1434281 4433537 75473010 TIMBER 2970000 F HEDGE FUNDS 19949783 F PRIVATE EQUITY 4602983 F INTERNATIONAL 45363701 F VENTURE CAPITAL 2389162 F INVESTMENT IN ENWC 1306913 F 76582542 SWAP AGREEMENTS LIABILITY 14495871 OBLIGATION UNDER SPLIT INTEREST AGREEMENTS 1925250 ASSET RETIREMENT OBLIGATION 7802209 24223330 50212794 -1404266 -4973552 -6377818 56590612 180632 8110560 8291192 64881804 48766798 340285 340285 48426513 180632 9012998 9193630 57620143 PART IV, LINE 2B: NORTHFIELD MOUNT HERMON SCHOOL MAINTAINS AGENCY ACCOUNTS AND ACTS AS A FISCAL AGENT FOR THE FUNDS. PART V, LINE 4: NORTHFIELD MOUNT HERMON SCHOOL'S ENDOWED FUNDS ARE INVESTED INTO 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 200,680. REALIZED LOSS ON SWAP AGREEMENTS -902,438. CHANGE IN VALUE OF SWAP AGREEMENTS -4,271,794. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,110,560. PART XII, LINE 2D - OTHER ADJUSTMENTS: ENWC EXPENSES 340,285. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 8,110,560. REALIZED LOSS ON SWAP AGREEMENTS 902,438. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NOTICE OF NONDISCRIMINATION POLICY IS PUBLICLY ACCESSIBLE THROUGH THE SCHOOL'S HOMEPAGE. SCHEDULE E, PART I, LINE 6 UPWARD BOUND PROGRAM $418,468, FEDERAL GRANT NUMBER E-PO 47AS20398 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 2 PROGRAM SERVICES TRAVEL ENRICHMENT PROGRAM 63612 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 31991343 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 1 RECRUITMENT 7196 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 3 PROGRAM SERVICES TRAVEL ENRICHMENT PROGRAM 101758 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 2 FUNDRAISING 14044 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 1 RECRUITMENT 38001 EAST ASIA AND THE PACIFIC 0 3 PROFESSIONAL DEVELOPMENT 10328 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 7 PROFESSIONAL DEVELOPMENT 14153 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 1 RECRUITMENT 40247 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 FUNDRAISING 2688 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 2 RECRUITMENT 11356 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 RECRUITMENT 22525 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 1 FUNDRAISING 2798 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 1 RECRUITMENT 6853 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 PROFESSIONAL DEVELOPMENT 1916 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 4 PROGRAM SERVICE TRAVEL ENRICHMENT PROGRAM 136860 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 1 RECRUITMENT 7821 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES TRAVEL ENRICHMENT PROGRAM 56276 SUB-SAHARAN AFRICA 0 1 PROFESSIONAL DEVELOPMENT 1263 0 19 0 16 0 35 32240435 290603 32531038 1 0 1 1 1 0 X X X X X 1 MARTS & LUNDY 1200 WALL STREET WEST LYNDHURST NJ 07071 CONSULTING 0 0 61681 0 GRAHAM - PELTON ASSOCIATES INC 39 BEECHWOOD ROAD SUMMIT NJ 07901 CONSULTING 0 0 23224 0 PG CALC INC 129 MOUNT AUBURN STREET CAMBRIDGE MA 02138 CONSULTING 0 0 14985 0 UNITED PERSONNEL SERVICES 289 BRIDGE ST SPRINGFIELD MA 01103 TEMPORARY LABOR 0 0 24812 0 124702 MA 1 SCHOLARSHIPS 218 8110560 COST TUITION OFFSET 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 1 0 CHARLES TIERNEY ASST. HEAD OF SCHOOL 243708 0 0 0 1045 0 25447 0 120413 0 390613 0 0 0 JOHN ALDEN INTERIM CFO & TREASURER 230141 0 0 0 1619 0 22610 0 7425 0 261795 0 0 0 LYNNE RAYMER DIRECTOR OF FINANCIAL OPERATIONS 161940 0 0 0 137 0 15704 0 826 0 178607 0 0 0 ALLYSON GOODWIN CHIEF ADVANCEMENT OFFICER 214177 0 0 0 493 0 22818 0 33718 0 271206 0 0 0 CLAUDE ANDERSON DEAN OF ENROLLMENT 165814 0 0 0 946 0 16329 0 28305 0 211394 0 0 0 RICHARD COUTURE DIRECTOR OF PLANT FACILITIES 158741 0 0 0 895 0 15613 0 7208 0 182457 0 0 0 HUGH SILBAUGH DEAN OF FACULTY 128284 0 0 0 451 0 12825 0 14682 0 156242 0 0 0 SARA ROURKE DIRECTOR OF MEDICINE 189980 0 0 0 164 0 19470 0 16710 0 226324 0 0 0 PETER FAYROIAN FORMER HEAD OF SCHOOL (UNTIL 6/18) 194029 0 0 0 774 0 19162 0 50369 0 264334 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: PETER FAYROIAN, $38,400; CHARLES TIERNEY, $11,820; JOHN ALDEN, $6,000; ALLYSON GOODWIN, $11,566; CLAUDE ANDERSON, $13,981 . COMPANION TRAVEL FOR THE HEAD OF SCHOOL IS NOT TREATED AS TAXABLE INCOME. PART I, LINE 7 AN OFFICER LISTED IN PART VII RECEIVED A MODEST BONUS IN THE AMOUNT OF $6,000. A MDFA 2014 BONDS 043431814 2014-03-26 68635000 REFUND OF 2007 BONDS 0 0 0 A 3315000 68635000 645000 67990000 2014 1 0 1 1 A 0 0 0 0 0.00960 0.00960 0 0 1 A 0 0 1 0 1 1 BANK OF NY MORG STANLEY - TERMS 15.000000000000 0 0 0 0 1 A 1 PART IV, LINE 4B AND 4C: 2014 SERIES BONDS HEDGE PROVIDER: MORGAN STANLEY REMAINING TERM: 15 HEDGE PROVIDER: MORGAN STANLEY REMAINING TERM: 23 X 65 1727728 MARKET VALUE 0 1 0 PART I, COLUMN (B): REPORTED THE NUMBER OF DONATIONS OF PUBLICLY TRADED STOCK. 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 ADVISORS PRESENT THE FORM 990 (EXCLUDING SCHEDULE B - SCHEDULE OF CONTRIBUTORS) 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 ALL BOARD MEMBERS 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 IN 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 CFO AND TREASURER. 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 2019. 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 TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS -4,271,794. EAST NORTHFIELD WATER COMPANY PO BOX 152 NORTHFIELD MA 01360 041269905 WATER COMPANY MA NMH C 199892 892350 1.00000 1 CHARITABLE REMAINDER TRUST (1) SUPPORT NY NMH 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 EAST NORTHFIELD WATER COMPANY O 76930 FMV EAST NORTHFIELD WATER COMPANY L 13513 FMV EAST NORTHFIELD WATER COMPANY M 40370 FMV