2014-12-03T07:45:42-06:00 2014-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET HARTFORD CT 06103 990 2013-07-01 042534161 CHAPEL HILL-CHAUNCY HALL SCHOOL CHAP 7813140800 785 BEAVER STREET WALTHAM MA 02452 GWEN POJASEK CHIEF FINANCIAL OFFICER 7813140800 2014-12-02 1 JOHN TOSCANO P00358542 9592007000 2013 2015-11-30 17:44:51Z GWEN POJASEK 785 BEAVER STREET WALTHAM MA 02452 9892604 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. 18 18 184 0 0 0 379030 489032 8305581 8943323 -2918 84079 40507 29502 8722200 9545936 1017515 1109360 0 0 4602604 5178367 0 0 488847 3040067 2988826 8660186 9276553 62014 269383 12284761 13085999 7693411 8107158 4591350 4978841 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 6104286 1109360 7652596 EDUCATION PROVIDED TO 169 BOARDING AND DAY STUDENTS AS PART OF DAILY CURRICULUM AND GRANTS FOR FINANCIAL ASSISTANCE TO STUDENTS IN NEED. 911043 1307152 SUMMER AND CAMPS - COSTS TO OPERATE CAMPS WHICH PROVIDECAMPERS WITH VARIOUS ACTIVITIES AND PROGRAMS. 7015329 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 184 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 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 ANNA COLTON CHAIR OF THE BOARD 5.00 X X 0 0 0 BERNARD JOEL BJ RUDMAN VICE CHAIR OF THE BOARD 5.00 X X 0 0 0 BARBARA SINISGALLI CLERK 1.00 X X 0 0 0 YING L BECKER TREASURER 1.00 X X 0 0 0 CHUCK BLACK TRUSTEE 1.00 X 0 0 0 DAVID COHEN TRUSTEE 1.00 X 0 0 0 SARAH FORRESTER TRUSTEE 1.00 X 0 0 0 PETER FRANKLIN TRUSTEE 1.00 X 0 0 0 ALDEN HARRINGTON TRUSTEE 1.00 X 0 0 0 MICHELLE KING TRUSTEE 1.00 X 0 0 0 JAMES LIPCON TRUSTEE 1.00 X 0 0 0 DEB MANKIW TRUSTEE 1.00 X 0 0 0 CHARLOTTE MERRELL TRUSTEE 1.00 X 0 0 0 TOM MULVEHILL TRUSTEE 1.00 X 0 0 0 BILL RYAN TRUSTEE 1.00 X 0 0 0 DAN STRACHMAN TRUSTEE 1.00 X 0 0 0 ERIC THORGERSON TRUSTEE 1.00 X 0 0 0 INGRID TUCKER TRUSTEE 1.00 X 0 0 0 TODD LEMKE 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 EILEEN LARKINS TRUSTEE 1.00 X 0 0 0 PAT NWBODO TRUSTEE 1.00 X 0 0 0 SIRI AKAL KHALSA PRESIDENT 40.00 X 161992 0 98314 LANCE CONRAD HEAD OF SCHOOL 40.00 X 133182 0 32981 GWEN POJASEK CHIEF FINANCIAL OFFICER 40.00 X 109491 0 9858 404665 0 141153 3 0 1 0 SAGE DINING SERVICES 1402 YORK STREET LUTHERVILLE MD 21093 FOOD SERVICE 566046 VANARIA AND SONS SITE DEVELOPMENT 130 FOREST STREET WALTHAM MA 02452 SITE CONTRACTOR 196890 PROSPECT BUILDING SERVICES CORPORATION 360 PEARL STREET MALDEN MA 02148 CLEANING AND MAINTENANCE SERVICE 172314 3 14820 474212 489032 TUITION, BOARDING FEES 611600 7636171 7636171 CAMP REGISTRATIONS 611600 1307152 1307152 8943323 55129 55129 10345 0 10345 10345 10345 252046 223096 28950 28950 28950 9511 14820 6779 2732 2732 133218 116793 16425 16425 9545936 8959748 0 97156 1109360 1109360 503630 292633 210997 3745220 2775391 817086 152743 153953 115398 22346 16209 431445 305621 82900 42924 344119 214973 98949 30197 25761 1850 23911 26500 26500 14029 14029 4958 3593 1365 83782 11077 72705 168763 65787 88805 14171 731146 731146 112251 17664 90010 4577 11967 9231 2736 178856 178856 575516 575516 66685 66685 FOOD SERVICE 464975 464975 SCHOOL/CAMP ACTIVITES 257513 257513 OTHER 96681 176 89098 7407 SPORTS SUPPLIES 52608 52608 116835 67140 42809 6886 9276553 7015329 1772377 488847 2737873 3247287 423069 256018 42655 6972 29318 24273 149077 200257 16620220 9422430 7028402 7197790 1811901 2095203 62466 58199 12284761 13085999 487797 527751 3781557 4315359 3424057 3264048 7693411 8107158 X 3297011 4225097 879485 338540 414854 415204 4591350 4978841 12284761 13085999 X 269383 218108 -100000 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1811901 93902 282952 93552 2095203 2361993 2750 140125 692967 1811901 1913126 847258 -59799 338592 2361993 1779040 22200 115322 3436 1913126 1930716 3725 -20809 134592 1779040 0.77000 0.20000 0.03000 0 0 1405281 1405281 11404713 6105681 5299032 3710437 3316749 393688 99789 99789 7197790 X 8592248 218108 123572 341680 8250568 14029 1281339 1295368 9545936 8276736 123572 123572 8153164 14029 1109360 1123389 9276553 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, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 116,793. SPECIAL EVENTS EXPENSE 6,779. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,109,360. UNCOLLECTIBLE PLEDGES 100,000. CAPITAL CAMPAIGN EXPENSES 71,979. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 116,793. SPECIAL EVENTS EXPENSE 6,779. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,109,360. 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. GOLF EVENT 24331 14820 9511 3540 3239 24331 14820 9511 3540 3239 6779 2732 1 FINANCIAL ASSISTANCE 29 1109360 CASH VALUE FINANCIAL ASSISTANCE PART I, LINE 2: SCHEDULE I, PART I, LINE 2 FORM 990, SCHEDULE I, PART I, LINE 2 FINANCIAL AID IS AVAILABLE, IN LIMITED AMOUNTS, TO UNITED STATES CITIZENS AND PERMANENT RESIDENTS ON A DEMONSTRATED NEED BASIS. THE SCHOOL USES THE SERVICES OF THE SCHOOL AND STUDENT SERVICE FOR FINANCIAL AID IN PRINCETON, NEW JERSEY TO CALCULATE A FAMILY'S NEED FOR FINANCIAL AID. AWARDS ARE MADE ON A FIRST-COME, FIRST-SERVED BASIS BY MID-MARCH. ALL FINANCIAL AID RECIPIENTS ARE EXPECTED TO BE CONSCIENTIOUS CITIZENS IN OUR COMMUNITY AND MUST SUCCESSFULLY COMPLETE ALL ACADEMIC PROGRAM REQUIREMENTS IN A GOOD STANDING. X X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 SIRI AKAL KHALSA PRESIDENT 159389 0 0 0 2603 0 16402 0 81912 0 260306 0 0 0 LANCE CONRAD HEAD OF SCHOOL 133079 0 0 0 103 0 6588 0 26393 0 166163 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 291468 2408532 42592 804377 1853031 2008 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 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 -100,000. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.