2018-01-26T08:17:21-06:00 2017-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2016-07-01 237168186 CHASE COLLEGIATE SCHOOL INC CHAS 2032369500 565 Chase Parkway Waterbury CT 06708 Matthew Piechota CFO/Business Manager 2032369500 2018-01-19 1 JOHN TOSCANO P00358542 9592007000 2018-01-16 209.3.217.20 2018-01-19 13:22:58 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5977B2EE4F245A7782B73B46A9C42D0275CA7C2B 2016 2021-01-29 14:40:06Z Matthew Piechota 565 Chase Parkway Waterbury CT 06708 11220895 0 X N/A X 1865 CT CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THROUGH GRADE 12. 14 14 130 120 0 0 1429614 483756 9309563 8784419 -28365 330130 -28663 41887 10682149 9640192 2084643 1502708 0 0 6218623 6236762 0 0 370239 3735754 3993572 12039020 11733042 -1356871 -2092850 32412730 30259229 14755194 14419332 17657536 15839897 TO EDUCATE TOMORROW'S LEADERS AND INSPIRE IN EACH STUDENT A LIFE LONG PASSION FOR LEARNING, PERSONAL ACHIEVEMENT, AND CONTRIBUTION TO THE COMMUNITY. 0 0 8770831 1502708 8825632 CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THOURGH GRADE 12. THERE WERE 265 STUDENTS ENROLLED IN THE 2016-2017 SCHOOL YEAR. 8770831 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 130 0 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MATTHEW R PIECHOTA CPA 2032369582 565 Chase Parkway Waterbury CT 067083394 Anne Briglia Treasurer 10.00 X X 0 0 0 Carlos Rodrigues Trustee 2.00 X 0 0 0 Diana E Smith Secretary 10.00 X X 0 0 0 Dr James Nardozzi Trustee 2.00 X 0 0 0 Dr Steven Minkler VICE-CHAIR 10.00 X X 0 0 0 Janet Punzelt Herfort Trustee 0.50 X 0 0 0 John S Pronovost CHAIR 15.00 X X 0 0 0 Judith Kellogg Rowley Trustee 2.00 X 0 0 0 Kevin Grimes Trustee 2.00 X 0 0 0 Louise Knies Trustee 2.00 X 0 0 0 Margaret D Smith Trustee 2.00 X 0 0 0 Oris Dunham TRUSTEE 2.00 X 0 0 0 Robert GarthwaitJr Trustee 0.50 X 0 0 0 Terry Bushka TRUSTEE 2.00 X 0 0 0 Matthew Piechota Business Manager/CFO 50.00 X 126969 0 31062 Polly Parker Head of School 60.00 X 299998 0 66715 David Crandall director of advancement 50.00 X 106651 0 6893 JASON LEWIS Head of Middle & Lower School 50.00 X 130674 0 44724 Kyle Kahuda Head of Upper School 50.00 X 125205 0 67666 789497 0 217060 5 0 1 0 SSC SERVICES SOLUTIONS PO BOX 417632 BOSTON MA 02242 Janitorial & MAINTENANCE SERVICES 679175 Flik Independent School dining compass group po box 417632 bosTON MA 022417632 Dining/Catering Services 167511 FRANK CAPASSO & SONS INC 1003 MIDDLETOWN AVE NORTHFORD CT 06472 CONSTRUCTION AND PAVING 128190 3 57101 426655 15229 483756 Tuition and Fees 611710 8700151 8700151 Summer Programs 611710 35825 35825 Extended day program 611710 22159 22159 other activities 611710 20000 20000 Transportation Income 611710 6284 6284 8784419 340034 340034 33400 0 33400 33400 33400 1501089 1623 1501089 11527 0 -9904 -9904 -9904 25374 57101 58100 -32726 -32726 9551 9987 -436 -436 Miscellaneous Income 611710 41649 41649 41649 9640192 8825632 0 330804 1502708 1502708 482174 86309 378604 17261 4131815 3187749 731958 212108 220881 154175 62730 3976 1035205 722573 293998 18634 366687 256545 103577 6565 76401 76401 25080 25080 813886 585381 184544 43961 113737 28977 83995 765 100832 22450 45882 32500 65072 16268 48804 393309 305038 88271 41382 30555 6783 4044 483895 362921 120974 869473 695578 173895 108762 87010 21752 KITCHEN COSTS 419894 398899 16796 4199 OTHER INSTRUCTIONAL 117517 85731 28882 2904 SUPPLIES 95026 87391 7635 OTHER ADMINISTRATIVE 84163 39744 38303 6116 185143 114829 53108 17206 11733042 8770831 2591972 370239 2103612 2207963 1237538 1244999 603380 542538 1705920 813477 37368 17404 24726 23312 103999 115348 26801679 13230193 14880991 13571486 11006340 10949171 491934 532531 216922 241000 32412730 30259229 874248 943642 4190189 4161967 9219133 8973223 286744 204766 184880 135734 14755194 14419332 X 8879131 6507841 1539843 2108567 7238562 7223489 17657536 15839897 32412730 30259229 X -2092850 1149644 -874433 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11498274 24321 1459976 180704 1320385 11481482 12894289 560240 -435129 167705 1353421 11498274 14101941 740935 -63421 153578 1731588 12894289 11984785 1843368 1969073 202581 1492704 14101941 10928377 281836 1446184 122722 548890 11984785 0.26030 0.58840 0.15130 0 0 1870000 1870000 21845052 10967310 10877742 3078531 2262883 815648 8096 8096 13571486 CUSTODIAL LIABILITIES 26546 capital lease obligations 109188 135734 X 8464702 1149644 9000 -2377141 -1218497 9683199 25080 -68087 -43007 9640192 10282341 9000 68087 77087 10205254 25080 1502708 1527788 11733042 Part V, Line 4: THE ENDOWMENT SUPPORTS GENERAL OPERATING EXPENSES INCLUDING TEACHER SALARIES, FINANCIAL AID, AND FACILITIES MAINTENANCE. Part X, Line 2: The School's Federal information returns prior to fiscal year 2014 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: financial aid -1,502,708. change in value of charitable remainder trust 24,078. Impairment loss -897,066. Provision for uncollectible pledges -1,445. Part XI, Line 4b - Other Adjustments: cost of goods sold -9,987. special events expenses -58,100. Part XII, Line 2d - Other Adjustments: COST OF GOODS SOLD 9,987. SPECIAL EVENTS EXPENSES 58,100. Part XII, Line 4b - Other Adjustments: FINANCIAL AID 1,502,708. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 some advertisements in newspapers, magazines, the school newspaper and handbook, etc. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 INVESTMENTS INCLUDED IN THE SCHOOL'S ENDOWMENT PORTFOLIO 532531 0 0 0 0 0 0 532531 0 532531 0 0 0 0 0 0 holiday bazaar 12455 4501 7954 1192 7748 Denim & Dining 70020 52600 17420 17356 22598 9206 82475 57101 25374 18548 22598 16954 58100 -32726 1 financial aid, scholarships & discounts 123 1502708 cash value reduced tuition Part I, Line 2: Financial Aid is based on the Report of Family Contribution (RFC) generated by SSS and meets a percentage of need as estimated in the RFC. X X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 1 1 0 Matthew Piechota Business Manager/CFO 111723 0 15000 0 246 0 7818 0 23244 0 158031 0 0 0 Polly Parker Head of School 252421 0 47101 0 476 0 16762 0 49953 0 366713 0 0 0 JASON LEWIS Head of Middle & Lower School 127469 0 2921 0 284 0 9251 0 35473 0 175398 0 0 0 Kyle Kahuda Head of Upper School 107665 0 17286 0 254 0 7560 0 60106 0 192871 0 0 0 Part I, Line 1a PER THE TERMS OF HER EMPLOYMENT AGREEMENT, THE HEAD OF SCHOOL IS REQUIRED TO RESIDE IN CAMPUS PROPERTY WHICH SERVES AS THE HEAD OF SCHOOL'S PRIMARY RESIDENCE. A VALUE IS INCLUDED AS A NONTAXABLE BENEFIT IN TOTAL REPORTABLE COMPENSATION. Part I, Line 7 Officers and select highly compensated employees RECEIVED BOARD APPROVED BONUSes FOR CALENDAR YEAR 2016. A connecticut health and education 20774UMC6 2007-06-07 11295658 CONSTRUCTION AND DEBT RETIREMENT 0 0 0 A 2040658 11295658 720540 221200 363623 5810398 4179897 2008 0 0 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Form 990, Part VI, Section B, line 11b FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE SECRETARY AND THE TREASURER, WHO IS ALSO THE CHAIR OF THE FINANCE COMMITTEE. FORM 990 IS THEN MADE AVAILABLE TO THE FULL BOARD FOR REVIEW BEFORE FILING. Form 990, Part VI, Section B, line 12c THE POLICY REQUIRES A STATEMENT TO BE SIGNED ANNUALLY BY ALL TRUSTEES. Form 990, Part VI, Section B, line 15a THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY A HEAD EVALUATION, SUPPORT and compensation COMMITTEE. THE COMMITTEE HIRES OUTSIDE CONSULTANTS AND PERFORMS STUDIES TO RECOMMEND WHAT THE PROPER COMPENSATION FOR THE HEAD OF SCHOOL SHOULD BE to remain consistent within the industry. THE HEAD OF SCHOOL DETERMINES THE ADMINISTRATORS' COMPENSATION USING COMPARABILITY DATA FROM NAIS AND FROM COMPARABLE SCHOOLS LOCATED IN CONNECTICUT. THE HEAD THEN WORKS WITH THE BUSINESS MANAGER AND THE SUPERVISORY ADMINISTRATORS TO ASSIGN SALARIES FOR THE REMAINING EMPLOYEES OF THE SCHOOL. Form 990, Part VI, Section C, line 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. Form 990, Part XI, line 9: change in value of beneficial interest in charitable remainder trust 24,078. Impairment loss -897,066. Provision for uncollectible pledges -1,445. 990 part XII line 2c there have been no changes made to the organization's oversight or selection processes during the tax year.