2014-05-12T11:43:30-05:00 2013-06-30 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2012-07-01 911969322 SEVEN HILLS FOUNDATION INC & AFFILIATES SEVE 5087552340 81 HOPE AVENUE WORCESTER MA 01603 JOSEPH L TOSCHES 5087552340 2014-05-09 1 BARBARA E KING P00005629 5087557107 2014-05-09 2012 2015-11-30 17:44:51Z DR JOSEPH L TOSCHES DBA 81 HOPE AVENUE WORCESTER MA 01603 166781560 1 1 3444 X WWW.SEVENHILLS.ORG X 1953 MA THE MISSION OF THE SEVEN HILLS FOUNDATION IS TO PROMOTE AND ENCOURAGE THE EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES SO THAT EACH MAY PURSUE THEIR HIGHEST POSSIBLE DEGREE OF PERSONAL WELL-BEING AND INDEPENDENCE. 18 18 4506 500 -6931 0 896391 6897451 137589422 147319068 2812048 1314136 2644154 1883440 143942015 157414095 75927 138944 0 0 89467795 93305814 0 0 78346 54238115 58900831 143781837 152345589 160178 5068506 141508406 158723447 96859108 107531113 44649298 51192334 X THE MISSION OF THE SEVEN HILLS FOUNDATION IS TO PROMOTE AND ENCOURAGE THE EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES SO THAT EACH MAY PURSUE THEIR HIGHEST POSSIBLE DEGREE OF PERSONAL WELL-BEING AND INDEPENDENCE. 1 0 46776457 49045163 RESIDENTIAL PROGRAMS: TO PREPARE AND INSTRUCT INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE THE LEAST RESTRICTIVE ENVIRONMENT. 22085000 22571068 SEVEN HILLS RHODE ISLAND: TO PROVIDE ADULT SERVICES, RESIDENTAL SERVICES, INDEPENDENT LIVING; AND CHILD AND FAMILY SERVICE PROGRAMS TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES 19240866 19396845 CHILDRENS AID AND FAMILY SERVICES: TO PROVIDE DAY CARE, INFORMATION & REFERRAL, AND COUNSELING SERVICES TO CHILDREN AND THEIR FAMILIES. 53611651 138944 61393786 OTHER PROGRAM SERVICES INCLUDE: FAMILY SUPPORT, VOCATIONAL TRAINING, COMMUNITY ORIENTATION, DAY HAB, SPECIALIZED HOME CARE, PEDIATRIC NURSING HOME SERVICES, SCHOOL SERVICES, AND BEHAVIORAL HEALTH SERVICES. 53611651 138944 61393786 141713974 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 1 1 0 0 1 X 113 30 1 4506 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 1 1 MA RI X MICHAEL P MATTHEWS CFO 5089832901 81 HOPE AVENUE WORCESTER MA 01603 TAMMY MURRAY 2.00 X 0 0 0 MAUREEN F BINIENDA 2.00 X 0 0 0 ATTORNEY BRIAN R FORTS 2.00 X 0 0 0 MELVIN P GORDON 2.00 X 0 0 0 ARLENE LIAN 2.00 X 0 0 0 ROBERT L MAHAR 2.00 X 0 0 0 ROBIN RHODES 2.00 X 0 0 0 DEBORAH J NEEDLEMAN 2.00 X 0 0 0 DR DAVID PAYDARFAR 2.00 X 0 0 0 JOHN M PROSSER 2.00 X 0 0 0 MARIANNE E ROGERS 2.00 X 0 0 0 CLAIRE M SWAN 2.00 X 0 0 0 LYNN EARLY RUSHTON 2.00 X 0 0 0 JEANE ANTONUCCI 2.00 X 0 0 0 JOHN HEALY 2.00 X 0 0 0 ELLEN AMADIO-AUBUCHON 2.00 X 0 0 0 STEPHEN BLACK 2.00 X 0 0 0 DIANE BRAZELTON 2.00 X 0 0 0 JAMES BUSS 2.00 X 0 0 0 HELEN GARCIA 2.00 X 0 0 0 MAUREEN R GRAY 2.00 X 0 0 0 DAVID GREENWOOD 2.00 X 0 0 0 JOSEPH GUNTHER 2.00 X 0 0 0 DR MARK HASSO 2.00 X 0 0 0 DEBRA HOKKANEN 2.00 X 0 0 0 ELLEN HONEYMAN 2.00 X 0 0 0 PAUL G KALMANSSON ESQ 2.00 X 0 0 0 MARION MAHAR 2.00 X 0 0 0 DAVID MASSIELLO 2.00 X 0 0 0 TODD MCDONALD 2.00 X 0 0 0 RUTH MELANCON 2.00 X 0 0 0 JONI MILLUZZO 2.00 X 0 0 0 HONORABLE RICHARD T MOORE 2.00 X 0 0 0 JOHN MUGGERIDGE 2.00 X 0 0 0 STEVE NELSON 2.00 X 0 0 0 JOSEPH NUNES 2.00 X 0 0 0 DR BENJAMIN NWOSU 2.00 X 0 0 0 JAMES PATTERSON 2.00 X 0 0 0 FRANCIS POLITO 2.00 X 0 0 0 REP KARYN POLITO 2.00 X 0 0 0 DAVID W RODGERS 2.00 X 0 0 0 PAULA ROSENBLUM 2.00 X 0 0 0 DEBORAH PENTA 2.00 X 0 0 0 PATRICIA RUGG 2.00 X 0 0 0 DR PETER RUGG 2.00 X 0 0 0 DOUGLAS RUSSELL JR 2.00 X 0 0 0 R JOSEPH SALOIS 2.00 X 0 0 0 DR JENNIFER SCHOTT 2.00 X 0 0 0 KAREN SHORTSLEEVE 2.00 X 0 0 0 DAVID SIMON 2.00 X 0 0 0 EILEEN SPORING 2.00 X 0 0 0 PETER STANTON 2.00 X 0 0 0 BERNIE STEPHENS 2.00 X 0 0 0 C PARKER SWAN 2.00 X 0 0 0 DAVID TOBIN 2.00 X 0 0 0 DR PHILIP TOWNES 2.00 X 0 0 0 JOANNE TULONEN 2.00 X 0 0 0 JO-ANN WHELAN 2.00 X 0 0 0 DR FRANCIS A WHITE 2.00 X 0 0 0 KELSA ZERESKI 2.00 X 0 0 0 OWEN L WILLIAMS 2.00 X 0 0 0 MORGAN DYKSTAR 2.00 X 0 0 0 GARY LAMSON 2.00 X 0 0 0 CHARLES AUSTIN 2.00 X 0 0 0 JAMIE ROTMAN 2.00 X 0 0 0 JOHN N ALTOMARE ESQ 2.00 X 0 0 0 ARLENE BETTERIDGE 2.00 X 0 0 0 JOSEPH J BEVILACQUA PHD 2.00 X 0 0 0 JOHNATHAN CAREY 2.00 X 0 0 0 CHRIS CIOCIOLO 2.00 X 0 0 0 THOMAS CULLINANE 2.00 X 0 0 0 BRIAN DONOVAN 2.00 X 0 0 0 KATE ROY SULLIVAN PHD 2.00 X 0 0 0 HANNAH KANE 2.00 X 0 0 0 DR CAMILLE ROBERTS 2.00 X 0 0 0 MEGAN MCDONOUGH 2.00 X 0 0 0 FRANK SMITH 2.00 X 0 0 0 JOHN LAJOIE 2.00 X 0 0 0 MINDY MCKENZIE-HEBERT 2.00 X 0 0 0 BRIAN NEWTON 2.00 X 0 0 0 MARK O'CONNELL 2.00 X 0 0 0 DR JACK P CALARESO 2.00 X 0 0 0 DALE DUCASSE 2.00 X 0 0 0 WAYNE GRIFFIN 2.00 X 0 0 0 ALLEN KRAUSE 2.00 X 0 0 0 MATTHEW BEATON 2.00 X 0 0 0 DR DAVID A JORDAN DHA 40.00 X 329332 0 271949 DR JOSEPH L TOSCHES DBA 40.00 X 327544 0 38429 DR KATHLEEN JORDAN DHA 40.00 X 177958 0 58359 MICHAEL MATTHEWS 40.00 X 123612 0 12093 RICHARD G NECKES 40.00 X 163447 0 0 KATHARINE CLEARY 40.00 X 159653 0 15413 DR GOURI DATTA 40.00 X 232184 0 0 MELADY GENEREUX 40.00 X 134023 0 0 DONALD MARTEL 40.00 X 123373 0 11821 LEE DALPHONSE 40.00 X 128214 0 0 MARILYN LOPEZ-HADDAD 40.00 X 122127 0 12116 WILLIAM STOCK 40.00 X 118362 0 11571 HOLLY JAREK 40.00 X 120153 0 11014 CHRISTINE GADBOIS 40.00 X 115539 0 11024 DOMENIC SMARRA 40.00 X 107127 0 0 KATHLEEN MYSHRALL 40.00 X 103990 0 10105 2586638 0 463894 16 0 1 0 JAMES J WELCH CO INC 27 CONGRESS STREET SUITE 513 SALEM MA 01970 CONSTRUCTION SERVICES 708733 RP MASIELLO PO BOX 742 BOYLSTON MA 01505 CONSTRUCTION SERVICES 396070 NETSMART TECHNOLOGIES PO BOX 823519 PHILADELPHIA PA 19182 IT/SOFTWARE 330722 RAMSAY BARRETT 167 BOSTON TURNPIKE SHREWSBURY MA 01545 CONSTRUCTION CONTRACTOR 307338 GROUP 7 DESIGN 83 CEDAR ST SUITE 100 MILFORD MA 01757 ARCHITECTURAL DESIGN 274906 5 6897451 5592476 6897451 FEES/CONTRACT GOV AGENCIES 623990 109236551 109236551 MEDICARE/MEDICAID 623990 26732260 26732260 PRIVATE CONTRACT FEES 623990 5801604 5801604 RENT, VENDING, SERVICE FEES 623990 4388882 4388882 HUD RENTAL SUBSIDY 623990 583938 583938 575833 575833 147319068 675817 675817 8375618 273447 7672896 337850 702722 -64403 638319 -64403 702722 1664971 1356719 308252 308252 OTHER REVENUE 623990 1582119 1582119 LLC TAXABLE LOSS 900099 -6931 -6931 1575188 157414095 149145036 -6931 1378539 138944 138944 2586638 2586638 73164420 69201977 3962443 11147272 9946617 1200655 6407484 6102557 304927 213074 70084 142990 108806 13075 95731 83820 83820 285757 16083 269674 5063338 4821760 241578 7232847 6860461 372386 3530525 3330081 200444 381501 65515 315986 3516512 3098648 417864 3998231 3783083 215148 828457 779809 48648 CHILD CARE VOUCHER PAYM 17665452 17665452 SPECIALIZED HOME CARE 8646362 8646362 MISCELLANEOUS 5271086 2762478 2508608 CLINICAL CONSULTANTS 1996717 1740530 256187 78346 78346 152345589 141713974 10553269 78346 16477921 14242630 10695 158498 14508128 14048064 250000 160000 562175 422671 134627970 33427102 89012140 101200868 14736647 22048070 662031 760794 5288669 5681852 141508406 158723447 11338630 13753385 75224074 83031701 6645506 6526278 3650898 4219749 96859108 107531113 X 43903802 46308599 528783 4311759 216713 571976 44649298 51192334 141508406 158723447 X 5068506 941092 533438 X 0 1 X 1 1 1 X 5616180 828943 743562 896391 1304975 9390051 131033482 140391146 141735964 137589422 148901187 699651201 87876 87876 29292 29292 29292 263628 136737538 141307965 142508818 138515105 150235454 709304880 0 0 0 709304880 856606 414495 371376 383579 591997 2618053 856606 414495 371376 383579 591997 2618053 825655 853977 1309756 3100421 301321 6391130 138419799 142576437 144189950 141999105 151128772 718314063 0.98750 0.98490 0.00360 0.00470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12118106 6524483 18642589 13212750 -1094644 12118106 10759106 2453644 13212750 9273195 1485911 10759106 11286658 -2013463 9273195 0.77000 0.03000 0.20000 0 0 12057252 12057252 103270615 27215754 76054861 14544748 6211348 8333400 4755355 4755355 101200868 DEFERRED COMPENSATION LIABILITY 4219749 4219749 X 160183885 941092 29292 1883226 2853610 157330275 83820 83820 157414095 153647780 29292 1356719 1386011 152261769 83820 83820 152345589 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. THE BOARD OF DIRECTORS HAS INTERPRETED STATE LAW AS ALLOWING THE UTILIZATION OF APPRECIATION ON PERMANENTLY RESTRICTED ASSETS UNLESS EXPLICIT DONOR STIPULATIONS SPECIFY HOW NET APPRECIATION MUST BE USED. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE FOUNDATION'S INVESTMENT COMMITTEE SHALL SEEK TO INVEST THE ENDOWMENT FUNDS IN SUCH A MANNER THAT THE INVESTMENTS WILL PROVIDE A SPENDABLE RETURN CONSISTENT WITH A LONG-TERM GOAL OF PRESERVING THE FUNDS IN REAL TERMS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FOUNDATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FOUNDATION HAS INVESTED IN DEBT AND EQUITY SECURITIES THAT TARGET A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDAITON QUALIFIES AS A TAX-EXEMPT, NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON THE FOUNDATION'S STATEMENTS OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES, OR CASH FLOW. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE FOUNDAITON IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 1,356,719. UNREALIZED GAIN ON HEDGING INSTRUMENT 526,507. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 1,356,719. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 PART 1, LINE 3 AS REQUIRED BY THE COMMONWEALTH OF MASSACHUSETTS PART 1, LINE 6 VARIOUS GRANTS AND EXPENSE REIMBURSEMENTS ARE RECEIVED FROM VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS 0 KENYA, NAIROBI GRANTS CLINICAL SERVICES 3500 BO, SIERRA LEONE GRANTS CLINICAL SERVICES 113723 ACCRA, GHANA GRANTS CLINICAL SERVICES 7000 KHULA, BANGLADESH GRANT CLINICAL SERVICES 10221 GRAN SOUS, HAITI GRANTS CLINICAL SERVICES 3000 LOMA LINDA, GUATEMALA GRANTS CLINICAL SERVICES 1500 0 0 0 0 0 0 138944 0 138944 BO,SIERRA LEONE CLINICAL 113723 WIRE TRANSFER 2000 CLOTHES/BOOKS BOOK KHULA, BANGLADESH CLINICAL 10221 WIRE TRANSFER 0 N/A BOOK ACCRA, GHANA CLINICAL 7000 WIRE TRANSFER 2000 CLOTHES/BOOKS BOOK 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THERE IS A COMPREHENSIVE MONITORING AND EVALUATION SYSTEM FOR OUTCOME BASED DEVELOPMENT MONITORING AS WELL AS BI-ANNUAL PROGRESS REPORTS AND ANNUAL BUDGET REVIEWS. 1559727 1094120 235815 1 1.00000 105244 26784 1 1.00000 1664971 1094120 262599 1356719 308252 MA 1 0 0 0 1.00000 JOSEPH TOSCHES SEVEN HILLS FOUNDATION 81 HOPE AVEN WORCESTER MA 01603 0 JOSEPH TOSCHES MANAGER OF EVENTS X 1 X X X X 0 1 0 0 0 0 0 0 0 DR DAVID A JORDAN DHA 319769 0 0 0 9563 0 255291 0 16658 0 601281 0 0 0 DR JOSEPH L TOSCHES DBA 316392 0 0 0 11152 0 23500 0 14929 0 365973 0 0 0 DR KATHLEEN JORDAN DHA 176268 0 0 0 1690 0 58359 0 0 0 236317 0 0 0 RICHARD G NECKES 163447 0 0 0 0 0 0 0 0 0 163447 0 0 0 KATHARINE CLEARY 159653 0 0 0 0 0 15413 0 0 0 175066 0 0 0 DR GOURI DATTA 232184 0 0 0 0 0 0 0 0 0 232184 0 0 0 PART I, LINE 4B DAVID A. JORDAN, DHA - DEFINED BENEFIT PLAN & DEFERRED COMPENSATION $255,291 JOSEPH L. TOSCHES - DEFINED BENEFIT PLAN $23,500 DR KATHLEEN JORDAN, DHA - DEFERRED COMPENSATION $58,359 KATHARINE CLEARY - DEFERRED COMPENSATION $15,413 DONALD MARTEL - DEFERRED COMPENSATION $11,236 MARILYN LOPEZ HADDAD - DEFERRED COMPENSATION $12,116 MICHAEL MATTHEWS - DEFERRED COMPENSATION $12,093 HOLLY JAREK - DEFERRED COMPENSATION $11,014 WILLIAM STOCK - DEFERRED COMPENSATION $11,571 CHRISTINE GADBOIS - DEFERRED COMPENSATION $11,024 KATHLEEN MYSHRALL - DEFERRED COMPENSATION $10,105 THE EMPLOYER CONTRIBUTES THESE DEFERRED COMPENSATION PAYMENTS TO A NON QUALIFIED INELIGIBLE 457(F) PLAN. THESE AMOUNTS CONTRIBUTED INTO THE 457(F) PLAN ARE NOT VESTED AND ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE IN THE EVENT THAT EMPLOYEES DO NOT FULFIL THEIR OBLIGATIONS OF THEIR EMPLOYMENT WITH THE ORGANIZATION. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-09-01 12000000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-09-01 5500000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 043431814 2005-07-01 24285000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY 043431814 2011-12-29 8051000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 A 12000000 381002 11715020 2010 0 0 1 1 B 5500000 171175 5305712 2010 0 0 1 1 C 23300000 1588244 765886 22750329 2007 0 0 1 1 D 8051000 278350 7075135 814769 2013 0 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 D 0 0 0 0 1 0 1 A 0 0 0 0 1 1 TD BANK 5.000000000000 0 0 0 0 1 B 0 0 0 0 1 1 TD BANK 10.000000000000 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 1 1 TD BANK 4.000000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 A RI HEALTH & EDUCATIONAL BUILDING CORP 000052919 2012-06-01 3555000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 B RI HEALTH & EDUCATIONAL BUILDING CORP 000052919 2013-06-30 1655000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 C MASS HEFA REVENUE BONDS 042456011 2004-11-19 11653000 CONSOLIDATE LOANS 0 0 0 A 3555000 119268 3197063 2013 0 0 1 1 B 1655000 23685 1606835 2014 0 0 0 1 C 11653000 159840 11493160 2004 0 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 A 0 0 0 0 1 0 0 0 1 B 0 0 0 0 1 0 0 0 1 C 0 0 0 0 1 1 TD BANK 10.000000000000 0 0 0 0 1 C 1 GROUP 7 DESIGN INC ARCHITECTURAL DESIGN X 160000 0 0 0 160000 LUANNE PERRY SIBLING-SISTER OF JOSEPH TOSCHES 326021 ARCHITECTURAL SERVICES 0 LUANNE PERRY SIBLING-SISTER OF JOSEPH TOSCHES 10444 INTEREST EXPENSE 0 LUANNE PERRY SIBLING-SISTER OF JOSEPH TOSCHES 10000 MANAGEMENT FEE EXPENSE 0 X NET ASSETS STETS 1 5592476 FMV 0 1 0 DESCRIPTION OF ARRANGEMENT: PART I, LINE 30B: DURING 2013, THE BOARD OF DIRECTORS OF THE FOUNDATION AND THE BOARD OF DIRECTORS OF THE STETSON SCHOOL INC. AND STETSON HOME, INC. (COLLECTIVELY, THE "SCHOOL") VOTED TO AUTHORIZE A MERGER WITH THE FOUNDATION. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 DURING 2013, THE BOARD OF DIRECTORS OF THE FOUNDATION AND THE BOARD OF DIRECTORS OF THE STETSON SCHOOL, INC. AND STETSON HOME, INC. (COLLECTIVELY, THE "SCHOOL") VOTED TO AUTHORIZE A MERGER WITH THE FOUNDATION. THE FOUNDATION HAS ASSUMED THE CONTRACTS OF THE SCHOOL AND CONTINUED OPERATIONS. EXPLANATION FOR NOT FILING FORM 990-T FORM 990, PART V, LINE 3B THE 990-T IS FILED BY AFFILIATE SEVEN HILLS FOUNDATION (EIN #04-329659). FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS, CEO, CFO, AND COO WILL REVIEW IT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY IN ORDER TO ENSURE THAT THE ORGANIZATION'S BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES ARE REGULARLY AND CONSISTENTLY MONITORING AND ENFORCING IT. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE TOP TWO EMPLOYEES INCLUDED AN INDEPENDENT STUDY BY AN OUTSIDE AGENCY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION 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: UNREALIZED GAIN ON HEDGING INSTRUMENT 526,507. LLC LOSSES 6,931. SEVEN HILLS FAMILY SERVICES INC 81 HOPE AVENUE WORCESTER MA 01603 043293665 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS COMMUNITY SERVICES INC 81 HOPE AVENUE WORCESTER MA 01603 043125422 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS OCCUPATIONAL & REHABILITATION SERVICES INC 81 HOPE AVENUE WORCESTER MA 01603 042274992 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS DISABILITY & ADVOCACY INC 81 HOPE AVENUE WORCESTER MA 01603 042522064 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 WAARC REALTY INC 81 HOPE AVENUE WORCESTER MA 01603 042862244 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEASIDE EDUCATIONAL ASSOCIATES INC 81 HOPE AVENUE WORCESTER MA 01603 042669835 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 IFS FISCAL INTERMEDIARY INC 81 HOPE AVENUE WORCESTER MA 01603 043527672 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS BEHAVIOR HEALTH INC 81 HOPE AVENUE WORCESTER MA 01603 042173052 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS EXTENDED CARE AT GROTON INC 81 HOPE AVENUE WORCESTER MA 01603 200172796 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS RHODE ISLAND INC 81 HOPE AVENUE WORCESTER MA 01603 056013789 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS GLOBAL OUTREACH 81 HOPE AVENUE WORCESTER MA 01603 263273731 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS CLINICAL ASSOCIATES INC 81 HOPE AVENUE WORCESTER MA 01603 020627442 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 INDIVIDUAL & FAMILY SUPPORT CENTERS INC 81 HOPE AVENUE WORCESTER MA 01603 042492493 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 CHILDRES AID & FAMILY SERVICE INC 81 HOPE AVENUE WORCESTER MA 01603 042161932 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 STETSON SCHOOLINC 81 HOPE AVENUE WORCESTER MA 01603 042631391 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 STETSON HOME INC 81 HOPE AVENUE WORCESTER MA 01603 042122643 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS HOLDING CORPORATION 81 HOPE AVENUE WORCESTER MA 01603 001087303 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 EMPIRICAL ASSET MANAGEMENT LLC ONE HOLLIS STREET WELLESLEY MA 02482 273376835 ASSET MANAGEMENT MA -25240 485844 0 0 0.05000 GROUP 7 DESIGN INC 83 CEDAR STREET MILFORD MA 01757 261688975 ARCHITECTURAL DESIGN MA N/A S 18309 274950 0.49900 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 GROUP 7 DESIGN INC A 10444 BOOK GROUP 7 DESIGN INC D 160000 BOOK GROUP 7 DESIGN INC K 10000 BOOK