2014-02-04T10:59:37-06:00 2013-06-30 060530830 SEWARD AND MONDE CPA'S 296 STATE STREET NORTH HAVEN CT 064732165 990 2012-07-01 042121313 BERKSHIRE SCHOOL INC BERK 4132298511 245 NORTH UNDERMOUNTAIN ROAD SHEFFIELD MA 012579672 PIETER M MULDER 4132291231 2014-01-28 LOUIS A CRISCUOLO P01215715 2032489341 2012 2015-11-30 17:44:51Z PIETER M MULDER 245 NORTH UNDERMOUNTAIN ROAD SHEFFIELD MA 012579672 56043108 0 X BERKSHIRESCHOOL.ORG X 1919 MA TO PROVIDE SECONDARY EDUCATIONAL, SOCIAL, AND ATHLETIC PROGRAMS TO CHILDREN. 28 28 215 75 641221 -541982 4060256 6911773 19837166 21089578 1500738 3132303 500676 -357462 25898836 30776192 4282654 4324799 609600 638400 11529130 12829052 0 0 1257599 12361013 13315489 28782397 31107740 -2883561 -331548 220073360 236082834 34371792 42931826 185701568 193151008 X TO PROVIDE YOUNG MEN AND WOMEN WITH THE INTELLECTUAL AND MORAL FOUNDATIONS AND THE LEADERSHIP SKILLS THAT WILL ENABLE THEM TO FLOURISH AS MEMBERS OF A FAMILY AND A COMMUNITY AS THEY CONFRONT THE CHALLENGES OF COLLEGE AND BEYOND. 0 0 20765021 4324799 19472673 INSTRUCTION OF APPROXIMATELY 378 HIGH SCHOOL AGED CHILDREN BY APPROXIMATELY 65 QUALIFIED INSTRUCTORS. 1244748 879523 CONDUCTING ATHLETIC PROGRAMS AND VARIOUS OTHER STUDENT ACTIVITIES. 1877110 96161 PROVIDING FOOD SERVICES AND SUPPLIES AND INFIRMARY FOR STUDENTS. 664174 641221 CONDUCTING VARIOUS SUMMER PROGRAMS 664174 641221 24551053 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 X 58 0 1 215 1 1 1 1 BD CA EI BF CJ 0 0 0 0 0 0 0 0 X 28 28 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MA NY X JOHN E ALDEN JR 4132298511 BERKSHIRE SCHOOL SHEFFIELD MA 01257 HANS L CARSTENSEN III 1.00 X 0 0 0 LO-YI CHAN 1.00 X 0 0 0 ALICE E COLE 1.00 X X 0 0 0 ROBERT W CRISPIN 1.00 X 0 0 0 PETER R KELLOGG 1.00 X 0 0 0 KIRK C KELLOGG 1.00 X 0 0 0 C TWIGGS MYERS 1.00 X 0 0 0 STEPHEN P NORMAN 1.00 X X 0 0 0 JANE KREKE 1.00 X 0 0 0 DAVID T RONDEAU 1.00 X 0 0 0 JOHN W WATKINS 1.00 X X 0 0 0 JAMES E HOOPER 1.00 X 0 0 0 GILMAN C PERKINS 1.00 X 0 0 0 MICHAEL J MAHER 40.00 X X 269537 0 73272 LANCE R ODDEN 1.00 X 0 0 0 JOHN C KUHN 1.00 X 0 0 0 ALLISON WOOD 1.00 X 0 0 0 DAVID W PUTH 1.00 X X 0 0 0 STUART M BELL 1.00 X 0 0 0 JIN HO KUM 1.00 X 0 0 0 EDWARD A REGER 1.00 X 0 0 0 SCOTT A PEREKSLIS 1.00 X 0 0 0 KEITH L REED 1.00 X 0 0 0 JOHN E TOFFOLON JR 1.00 X 0 0 0 LARA SCHEFLER MCLANAHAN 1.00 X 0 0 0 JEFFREY A VANDERBEEK 1.00 X 0 0 0 ANDREW D ALLEN 1.00 X 0 0 0 TRACEY E GERBER 1.00 X 0 0 0 JAMES L HASKEL 1.00 X 0 0 0 JOHN E ALDEN JR 40.00 X 171036 0 27278 ANDREW P KAY 40.00 X 103727 0 18532 PIETER M MULDER 40.00 X 107280 0 24522 WILLIAM P CLOUGH 40.00 X 121710 0 25812 773290 0 169416 5 0 1 0 PAC GROUP LLC 34 HAYDON ROAD HARWINTON CT 06791 BUILDING CONTRACTORS 2859077 FONTAINE BROS INC 112 WALL STREET TORRINGTON CT 06790 BUILDING CONTRACTORS 1550825 TECH VALLEY CONTRACTING 22B VATRANO ROAD ALBANY NY 12205 BUILDING CONTRACTORS 551603 PMG INC 42 BROCKWAY ROAD WOODSTOCK CT 06282 PROJECT MANAGEMENT 258687 ROBERT H LORD COMPANY INC 220 CHAPEL ROAD MANCHESTER CT 06042 FURNISHINGS 206221 9 6911773 1238231 6911773 TUITION & FEES 900099 19472673 19472673 STUDENT SUPPORT SERVICES 611710 776705 776705 SPECIAL PROGRAMS 711300 367323 367323 DAY CARE 624410 273898 273898 MISCELLANEOUS INCOME 611710 96161 96161 102818 102818 21089578 1145564 1145564 27193255 60400 25248904 18012 1944351 42388 1986739 1986739 FINANCE CHARGES 900099 23070 23070 P.V. ADJ FOR SPLIT-INTEREST AGREE 900099 -380532 -380532 -357462 30776192 19472673 641221 3750525 4324799 4324799 638400 638400 828549 331420 497129 8875285 6085666 2115686 673933 564415 356402 169056 38957 1920285 1089282 572045 258958 640518 376806 219650 44062 372967 372967 90208 77806 12402 3864822 2845931 892460 126431 34395 34395 2802576 2802576 160107 117058 43049 5873 5873 592944 592944 4362972 4362972 318437 73784 244653 PROFESSIONAL FEES 688696 197806 436956 53934 AMORTIZATION 10983 10983 BAD DEBT 10509 10509 31107740 24551053 5299088 1257599 779127 716756 16960994 10399873 4397836 2393230 226860 41141 439000 426477 231631 444843 152348934 42726877 93189630 109622057 83673352 104965818 1921701 1979924 18253229 5092715 220073360 236082834 10458128 8922534 7662883 8398182 15545000 25075000 47144 162862 658637 373248 34371792 42931826 X 146159984 156281059 16039464 13048171 23502120 23821778 185701568 193151008 220073360 236082834 X -331548 5887998 1892990 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89553028 15450599 7641097 4006914 108637810 92527307 2886951 -2037429 3823801 89553028 81174307 481992 12815829 1944821 92527307 70259093 8080526 5032123 2197435 81174307 85234338 6827991 -19489744 2313492 70259093 0.73200 0.21900 0.04900 0 0 71043 71043 132396916 31389669 101007247 9643511 8298344 1345167 10237464 3038864 7198600 109622057 AMOUNTS HELD ON BEHALF OF OTHERS 212035 INTEREST RATE SWAP 161213 373248 31328024 5887998 5887998 25440026 372967 4963199 5336166 30776192 25771574 0 25771574 372967 4963199 5336166 31107740 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SCHOOL FOLLOWS A POLICY THAT ATTEMPTS TO PROVIDE A PREDICTABLE STREAM OF FUNDING SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE INTEGRITY OF ENDOWMENT ASSETS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS 4,324,799. FACULTY AND STAFF REMISSIONS 638,400. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS 4,324,799. FACULTY AND STAFF REMISSIONS 638,400. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 NOTED IN GENERAL PUBLICATIONS AND ADVERTISEMENTS CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 19100000 0 0 0 0 0 0 19100000 0 19100000 0 0 1 0 1 0 1 FINANCIAL AID TO STUDENTS 123 0 4324799 FAIR MARKET VALUE REDUCTION OF TUITION CHARGED TO STUDENTS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAINTAINS A LISTING OF ALL SCHOLARSHIP RECIPIENTS AND AMOUNTS AWARDED TO EACH STUDENT. X X X X X 0 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL J MAHER 269537 0 0 0 0 0 38773 0 34499 0 342809 0 0 0 JOHN E ALDEN JR 171036 0 0 0 0 0 17648 0 9630 0 198314 0 0 0 PART I, LINE 1B THE ORGANIZATION HAS A PRACTICE OF ALLOWING FIRST-CLASS OR BUSINESS CLASS TRAVEL FOR THE EMPLOYEES' CONVENIENCE. THE ORGANIZATION ALSO ALLOWS TRAVEL FOR THE HEAD OF SCHOOL'S WIFE, AN EMPLOYEE OF THE ORGANIZATION, WHEN SHE IS TRAVELING FOR BUSINESS PURPOSES. THE ORGANIZATION HAS A PRACTICE OF PROVIDING ON CAMPUS HOUSING FOR KEY EMPLOYEES WHO NEED TO HAVE DIRECT AND REGULAR CONTACT WITH OUR STUDENTS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2012-08-13 10000000 CONSTRUCTION OF A STATE-OF-THE-ART MATH AND SCIENCE CENTER 0 0 0 A 10000000 125519 9874481 2012 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 JEAN MAHER SPOUSE OF SECRETARY/HEAD OF SCHOOL MICHAEL J. MAHER 84803 EMPLOYMENT 0 CHERYL ALDEN SPOUSE OF ASSISTANT TREASURER/CFO JOHN E. ALDEN, JR. 12289 EMPLOYMENT 0 E G ANDERSON & CO TRUSTEE PETER R. KELLOGG HAS BUSINESS INTEREST IN ENTITY 18000 RENT AT MARKET RATES OF A HOUSE THAT ADJOINS THE SCHOOL'S CAMPUS 0 NATIONAL HOCKEY TRAINING CAMPS COMPANY OWNED IN PART BY HEAD OF SCHOOL MICHAEL J. MAHER 49681 LEASED FACILITIES AT MARKET RATES FOR SUMMER CAMP 0 PPS BERKSHIRE SOLAR LLC CERTAIN TRUSTEES AND FAMILY MEMBERS OF TRUSTEES ARE PARTNERS IN ENTITY 257667 SALE OF ELECTRICITY 0 X 18 840231 FMV X 1 398000 FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): 18 IS THE NUMBER OF ACTUAL CONTRIBUTIONS MADE. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES DAVID PUTH, KEITH REED, PETER KELLOGG AND WILLIAM MCLANAHAN (SPOUSE OF TRUSTEE) HAVE A BUSINESS RELATIONSHIP. TRUSTEES PETER KELLOGG AND KIRK KELLOGG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B AN EXECUTIVE COMMITTEE EXISTS AND HAS THE POWER TO ACT ON BEHALF OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE DID NOT MEET AND TAKE ANY ACTION ON BEHALF OF THE GOVERNING BODY DURING THIS PERIOD. FORM 990, PART VI, SECTION B, LINE 11 THIS YEAR'S 990 WAS REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND MEMBERS OF THE AUDIT COMMITTEE PRIOR TO THE FILING OF THE RETURN. IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD ARE ANNUALLY ASKED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE OF THE BOARD, WHOSE MEMBERS ARE INDEPENDENT, USING COMPARATIVE SALARY INFORMATION FROM SEVERAL SOURCES, INCLUDING AN OUTSIDE INDEPENDENT COMPENSATION CONSULTANT, MAKES RECOMMENDATIONS TO THE INDEPENDENT MEMBERS OF THE BOARD AND THIS GROUP APPROVES COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: POST RETIREMENT MEDICAL BENEFITS 1,572,455. INTEREST RATE SWAP HEDGE ADJUSTMENTS 320,535.