2014-11-12T15:41:05-06:00 2014-06-30 990 2013-07-01 237073970 THE RAY SCHOOL CORPORATION CO US TRUST RAYS 8602444878 99 FOUNDERS PLAZA 5TH FLOOR EAST HARTFORD CT 06108 PATRICK STAFFARONI TREASURER 8602444878 2014-11-12 1 P00852868 8606333000 2013 2015-11-30 17:44:51Z X PATRICK STAFFARONI 99 FOUNDERS PLAZA 5TH FLOOR EAST HARTFORD CT 06108 1251790 0 X N/A X 1941 CT SUPPORT OF EDUCATIONAL PROGRAMS IN THE TOWN OF EAST HADDAM 9 9 0 0 0 0 250274 258583 0 0 231430 295447 0 0 481704 554030 315960 306504 0 0 0 0 0 0 0 20947 22587 336907 329091 144797 224939 8831433 9742518 0 0 8831433 9742518 TO FUND THE VOCATIONAL PROGRAMS AT NATHAN-HALE RAY HIGH SCHOOL. 0 0 306504 306504 258583 THE CORPORATION SUPPORTS AN EDUCATIONAL INSTITUTION OFFERING COURSES OF INSTRUCTION SIMILAR TO THOSE OF HIGH SCHOOL GRADE IN WHICH VOCATIONAL INSTRUCTION IS EMPHASIZED. 306504 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 X PATRICK STAFFARONI CO US TRUST 8602444878 99 FOUNDERS PLAZA 5TH FLOOR EAST HARTFORD CT 06108 X PETER DEAN MEMBER 1.00 X 0 0 0 LISA MCNULTY MEMBER 1.00 X 0 0 0 LISA DOMOROD MEMBER 1.00 X 0 0 0 JIM CURTIN MEMBER 1.00 X 0 0 0 SIOBHAN MORAN MEMBER 1.00 X 0 0 0 PETER WESTON PRESIDENT 1.00 X 0 0 0 RICHARD PARKER VICE PRESIDENT 1.00 X 0 0 0 PATRICK STAFFARONI SECRETARY/TREASURER 1.00 X 0 0 0 KATHLEEN MICHALSKI VICE PRESIDENT 1.00 X 0 0 0 0 0 0 0 0 0 0 0 258583 258583 41430 41430 951777 697760 254017 254017 254017 554030 0 0 295447 306504 306504 21758 21758 829 829 329091 306504 22587 0 1659949 1825052 7171484 7917466 8831433 9742518 0 0 X 1660778 1826225 7170655 7916293 8831433 9742518 8831433 9742518 X 224939 -59492 745638 X X 0 1 X 1 0 X X X 0 0 0 TOWN OF EAST HADDAM BOARD OF EDUCATION 066001607 6 1 1 1 306504 1 306504 8831433 1240176 306504 22587 9742518 8356484 811856 315960 20947 8831433 8760394 -72769 309996 21145 8356484 7623736 1482647 325536 20453 8760394 7110255 865144 333492 18171 7623736 1.00000 1 0 0 INTEREST RECEIVABLE 1173 BENEFICIAL INTEREST IN ASSETS HELD IN TRUST AGREEMENT 7916293 7917466 X 1240176 -59492 745638 686146 554030 0 554030 329091 0 329091 0 329091 PART X, LINE 2: THE CORPORATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2014 AND 2013. THE CORPORATION'S U.S. FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2011 ARE CLOSED AND THE CORPORATION'S TRUSTEES CONTINUALLY EVALUATE EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE CORPORATION HAS 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: NET CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD FOR TRUST AGREEMENT 745,638. PART V, LINE 4 TO SUPPORT THE EDUCATIONAL PROGRAMS IN THE TOWN OF EAST HADDAM. 1 TOWN OF EAST HADDAM BOARD OF ED 15 SCHOOL DR MOODUS CT 06469 066001607 501(C)(1) 306504 TO REIMBURSE THE BOARD OF EDUCATION ? TOWN OF EAST HADDAM FORVOCATIONAL EXPENSES AND CAPITAL PURCHASES 1 PART I, LINE 2: ANNUAL BUDGETS ARE APPROVED BY THE BOARD OF DIRECTORS AND EXPENDITURES ARE MONITORED COMPARING ACTUAL EXPENSES TO BUDGETED EXPENSES. FORM 990, PART VI, SECTION A, LINE 8B OTHER COMMITTEE'S MAY ATTEND MEETINGS HELD(BOARD OF EDUCATION, SUPERINTENDENT OF SCHOOLS), HOWEVER THEY DO NOT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT 990 IS REVIEWED AND APPROVED BY THE BOARD TREASURER AND MADE AVAILABLE TO ALL BOARD MEMBERS THROUGH EMAIL FOR THEIR QUESTIONS OR COMMENTS. THE TAX RETURN IS THEN FINALIZED AND FILED WITHIN 15 DAYS. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION PROVIDES GRANTS ONLY TO THE TOWN OF EAST HADDAM, BOARD OF EDUCATION AS DESCRIBED IN THE CORPORATION?S BY LAWS, THEREFORE, A CONFLICT OF INTEREST POLICY IS NOT REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 THE RAY SCHOOL CORPORATION'S 990 IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN BENEFICIAL INTEREST IN TRUST 745,638. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR