2016-05-10T09:41:30-05:00 2015-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2014-07-01 042534161 CHAPEL HILL-CHAUNCY HALL SCHOOL CHAP 7813140800 785 BEAVER STREET WALTHAM MA 02452 GWEN POJASEK CHIEF FINANCIAL OFFICER 7813140800 2016-05-09 1 JOHN TOSCANO P00358542 9592007000 2014 2016-08-17 19:52:53Z GWEN POJASEK 785 BEAVER STREET WALTHAM MA 02452 12639923 0 X WWW.CHCH.ORG X 1972 MA CHAPEL HILL-CHAUNCY HALL SCHOOL IS A COLLEGE PREPARATORY, DAY AND BOARDING SCHOOL THAT EMBRACES DIFFERENCES IN LEARNING STYLE AND CULTURE IN A RICHLY DIVERSE AND SUPPORTIVE COMMUNITY. 23 23 195 0 0 0 489032 389143 8943323 9642075 84079 558530 29502 25126 9545936 10614874 1109360 1172684 0 0 5178367 5553487 0 0 416374 2988826 3381209 9276553 10107380 269383 507494 13085999 12316541 8107158 7369435 4978841 4947106 X CHAPEL HILL-CHAUNCY HALL SCHOOL IS A COLLEGE PREPARATORY, DAY AND BOARDING SCHOOL THAT EMBRACES DIFFERENCES IN LEARNING STYLE AND CULTURE IN A RICHLY DIVERSE AND SUPPORTIVE COMMUNITY. WE CHALLENGE YOUNG MEN AND WOMEN TO ACHIEVE THEIR INDIVIDUAL POTENTIAL, EXPERIENCE ACADEMIC SUCCESS, AND DEVELOP MORAL STRENGTH AND PERSONAL INTEGRITY. 0 0 6496730 1172684 8247213 EDUCATION PROVIDED TO 176 BOARDING AND DAY STUDENTS AS PART OF DAILY CURRICULUM AND GRANTS FOR FINANCIAL ASSISTANCE TO STUDENTS IN NEED. 1009583 1423699 SUMMER AND CAMPS - COSTS TO OPERATE CAMPS WHICH PROVIDECAMPERS WITH VARIOUS ACTIVITIES AND PROGRAMS. 7506313 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 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 1 0 1 195 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 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 BERNARD JOEL BJ RUDMAN CHAIR OF THE BOARD 5.00 X X 0 0 0 CHARLOTTE MERRELL VICE CHAIR OF THE BOARD 5.00 X X 0 0 0 ALDEN HARRINGTON TREASURER 5.00 X X 0 0 0 THOMAS MULVEHILL CLERK 5.00 X X 0 0 0 MARGARET ALLEN TRUSTEE 1.00 X 0 0 0 CHUCK BLACK TRUSTEE 1.00 X 0 0 0 DAVID COHEN TRUSTEE 1.00 X 0 0 0 ANNA COLTON TRUSTEE 1.00 X 0 0 0 CARLOS CUBIA TRUSTEE 1.00 X 0 0 0 SARAH FORRESTER TRUSTEE 1.00 X 0 0 0 BABU KRISHNAMURTHY TRUSTEE 1.00 X 0 0 0 EILEEN LARKINS TRUSTEE 1.00 X 0 0 0 TODD LEMKE TRUSTEE 1.00 X 0 0 0 JAMES LIPCON TRUSTEE 1.00 X 0 0 0 SUZANNE LOONIE TRUSTEE 1.00 X 0 0 0 RAY LUO TRUSTEE 1.00 X 0 0 0 DEBORAH MANKIW TRUSTEE 1.00 X 0 0 0 PATRICIA NWOBODO 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 MICHELLE WANG TRUSTEE 1.00 X 0 0 0 ANN WHITTAKER TRUSTEE 1.00 X 0 0 0 YING L BECKER OUTGOING TRUSTEE 1.00 X 0 0 0 PETER FRANKLIN OUTGOING TRUSTEE 1.00 X 0 0 0 MICHELLE KING OUTGOING TRUSTEE 1.00 X 0 0 0 BARBARA SINISGALLI OUTGOING TRUSTEE 1.00 X 0 0 0 ERIC THORGERSON OUTGOING TRUSTEE 1.00 X 0 0 0 INGRID TUCKER OUTGOING TRUSTEE 1.00 X 0 0 0 LANCE CONRAD HEAD OF SCHOOL 40.00 X 148144 0 24464 GWEN POJASEK CHIEF FINANCIAL OFFICER 40.00 X 112060 0 32265 JOSHUA BUBAR ASS'T HEAD OF SCHOOL 40.00 X 101605 0 11919 361809 0 68648 3 0 1 0 SAGE DINING SERVICES 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 609622 PROSPECT BUILDING SERVICES CORPORATION 360 PEARL STREET MALDEN MA 02148 CLEANING AND MAINTENANCE SERVICE 189116 2 36075 353068 389143 TUITION, BOARDING FEES 611600 8218376 8218376 CAMP REGISTRATIONS 611600 1423699 1423699 9642075 144007 144007 3930 0 3930 3930 3930 2363242 1948719 414523 414523 414523 10235 36075 17876 -7641 -7641 87291 58454 28837 28837 10614874 9670912 0 554819 1172684 1172684 340564 230286 110278 4144028 2925666 1058747 159615 174994 118204 44313 12477 549553 361698 149411 38444 344348 211833 110156 22359 43145 4505 38640 26950 26950 16437 16437 11027 10113 550 364 81714 8724 72990 168277 23209 125426 19642 871490 871490 88524 8804 78157 1563 9074 9074 155194 155194 595548 595548 78060 78060 FOOD SERVICE 473567 473567 SCHOOL/CAMP ACTIVITES 329452 329452 OTHER 165562 343 123341 41878 SPORTS SUPPLIES 66809 66809 200379 90410 100215 9754 10107380 7506313 2184693 416374 3247287 2444450 256018 115446 6972 86988 24273 25103 200257 167615 17150862 10017978 7197790 7132884 2095203 2285856 58199 58199 13085999 12316541 527751 545980 4315359 4230538 2375879 2324837 888169 268080 8107158 7369435 X 4225097 4341906 338540 184996 415204 420204 4978841 4947106 13085999 12316541 X 507494 -499229 -40000 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2095203 253910 36820 100077 2285856 1811901 93902 282952 93552 2095203 2361993 2750 140125 692967 1811901 1913126 847258 -59799 338592 2361993 1779040 22200 115322 3436 1913126 0.79000 0.18000 0.03000 0 0 2331293 2331293 10890698 6510986 4379712 3905052 3506992 398060 23819 23819 7132884 X 8962854 -499229 -1212684 -1711913 10674767 16437 -76330 -59893 10614874 8994589 76330 76330 8918259 16437 1172684 1189121 10107380 PART V, LINE 4: INCOME FROM THE SCHOOL'S ENDOWMENT IS APPROPRIATED FOR STUDENT FINANCIAL AID, TEACHER'S 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 RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE THE SCHOOL ASSESSES THE LIKELIHOOD, BASED ON TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. THE SCHOOL ADOPTED THE PROVISIONS OF THIS STANDARD ON JULY 1, 2009 AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED INCOME TAXES ARE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE STATEMENT OF ACTIVITIES. THE SCHOOL IS GENERALLY NOT SUBJECT TO EXAMINATION BY TAXING JURISDICTIONS FOR YEARS PRIOR TO JUNE 30, 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -1,172,684. UNCOLLECTIBLE PLEDGES -40,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -58,454. SPECIAL EVENTS EXPENSE -17,876. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 58,454. SPECIAL EVENTS EXPENSE 17,876. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,172,684. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY IS INCLUDED IN BROCHURES AND OTHER COLLATERAL MATERIALS OF THE SCHOOL. X X X X 1 GRAHAM-PELTON CONSULTING 39 BEECHWOOD ROAD SUMMIT NJ 07901 FUNDRAISING PLANNING STUDY 0 0 30000 0 30000 MA GOLF OUTING 21200 13115 8085 3055 2335 670 SPRING CELEBRATION 25110 22960 2150 1683 5884 4249 46310 36075 10235 4738 8219 4919 17876 -7641 1 FINANCIAL ASSISTANCE 31 1172684 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 X 0 0 0 0 0 0 0 0 0 LANCE CONRAD HEAD OF SCHOOL 148048 0 0 0 96 0 2811 0 22183 0 173138 0 0 0 JOSHUA BUBAR ASS'T HEAD OF SCHOOL 101605 0 0 0 0 0 10221 0 1698 0 113524 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 2007-06-01 2700000 REFINANCE TAXABLE LONG-TERM INDEBTEDNESS AND FINANCE FACILITY RENOVATIONS 0 0 0 A 343930 2700000 42592 804377 1853031 2008 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION B, LINE 11 AFTER REVIEW AND APPROVAL BY THE SCHOOL'S MANAGEMENT, THE FORM 990 IS DISTRIBUTED TO THE BOARD CHAIR AND TREASURER FOR THEIR REVIEW AND APPROVAL. ONCE APPROVED, THE FORM IS DISTRIBUTED TO REMAINING BOARD MEMBERS. 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 ANNUALLY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES MAKES RECOMMENDATIONS TO THE FULL BOARD IN DETERMINING COMPENSATION FOR KEY OFFICIALS BASED UPON DATA FROM COMPARABLE INSTITUTIONS FOR SIMILAR POSITIONS AND RESPONSIBILITIES. 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 DOCUMENTS REQUIRED BY LAW TO BE OPEN TO PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -40,000. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.