2012-03-09T10:45:00-06:00 2011-06-30 SEWARD AND MONDE CPA'S 296 STATE STREET NORTH HAVEN CT 064732165 990 2010-07-01 042121313 BERKSHIRE SCHOOL INC BERK 4132298511 UNDERMOUNTAIN ROAD SHEFFIELD MA 012579672 STEPHEN P NORMAN 4132291231 2012-03-01 LOUIS A CRISCUOLO 2032489341 2010 2016-02-24 21:20:13Z MICHAEL J MAHER UNDERMOUNTAIN ROAD SHEFFIELD MA 012579672 82945388 0 X BERKSHIRESCHOOL.ORG X 1919 MA TO PROVIDE SECONDARY EDUCATIONAL, SOCIAL, AND ATHLETIC PROGRAMS TO CHILDREN. 27 26 220 64 561417 -651575 8551349 11717880 17957445 19297946 2878029 3000205 120465 308806 29507288 34324837 3530321 4026075 673700 574400 10732451 11270930 0 0 1161639 13028676 12988479 27965148 28859884 1542140 5464953 204472246 228294024 31027630 33481513 173444616 194812511 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 20039423 4026075 17851846 INSTRUCTION OF APPROXIMATELY 392 HIGH SCHOOL AGED CHILDREN BY APPROXIMATELY 65 QUALIFIED INSTRUCTORS. 1064181 807521 CONDUCTING ATHLETIC PROGRAMS AND VARIOUS OTHER STUDENT ACTIVITIES. 1687835 77162 PROVIDING FOOD SERVICES AND SUPPLIES AND INFIRMARY FOR STUDENTS. 593442 561417 CONDUCTING VARIOUS SUMMER PROGRAMS 593442 561417 23384881 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 X 60 0 1 220 1 1 1 1 BD CA EI BF CJ 0 0 0 0 0 0 0 0 X 27 26 0 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 JANE P CHWICK 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 JOHN H ELLWOOD 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 DAVID W KNOWLTON 1.00 X 0 0 0 PERRI PROCIDA 1.00 X 0 0 0 RHONDA BENTLEY-LEWIS 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 216633 0 67490 LANCE R ODDEN 1.00 X 0 0 0 HEATHER S VON SEGGERN 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 EDWARD A REGER 1.00 X 0 0 0 THOMAS STEINER 1.00 X 0 0 0 ANNE SUTHERLAND FUCHS 1.00 X 0 0 0 JIN HO KUM 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 JOHN E ALDEN JR 40.00 X 146185 0 24131 ANDREW P KAY 40.00 X 77700 0 16477 JOHN E ORMISTON 40.00 X 157028 0 59548 WILLIAM P CLOUGH 40.00 X 106800 0 29128 PENELOPE HUDNUT 40.00 X 114047 0 11735 818393 0 208509 5 0 1 0 FONTAINE BROS INC 112 WALL STREET TORRINGTON CT 06790 BUILDING CONTRACTORS 6575588 CENTERBROOK ARCHITECTS & PLANNERS 67 MAIN STREET CENTERBROOK CT 06409 ARCHITECTURAL SERVICES 937894 JOE WILKINSON & SONS EXCAVATION INC 1551 BOARDMAN STREET SHEFFIELD MA 01257 EXCAVATION SERVICES 806414 MOSER PILON NELSON ARCHITECTS 30 JORDAN LANE WETHERSFIELD CT 06109 ARCHITECTURAL SERVICES 441268 PMG INC 42 BROCKWAY ROAD WOODSTOCK CT 06282 PROJECT MANAGEMENT 434688 8 11717880 3803990 11717880 TUITION & FEES 900099 17851846 17851846 STUDENT SUPPORT SERVIC 611710 719523 719523 SPECIAL PROGRAMS 711300 360915 360915 DAY CARE 624410 200502 200502 MISCELLANEOUS INCOME 611710 77162 77162 87998 87998 19297946 1250795 1250795 50369961 48271278 349273 2098683 -349273 1749410 1749410 P.V. ADJ FOR SPLIT-INT 900099 284453 284453 FINANCE CHARGES 900099 24353 24353 308806 34324837 17851846 561417 4193694 4026075 4026075 574400 574400 597548 239037 358511 8085423 5632243 1723600 729580 522858 299394 175296 48168 1496738 1040323 345495 110920 568363 345206 172212 50945 344923 344923 170446 88533 81913 3431198 2524890 768579 137729 52478 52478 3429813 3429813 105357 105070 287 2097 2097 707026 707026 3733689 3733689 305650 53362 252288 PROFESSIONAL FEES 640185 280350 359835 BAD DEBT 43295 43295 AMORTIZATION 22322 22322 28859884 23384881 4313364 1161639 833471 580148 6916224 7765546 3457616 5191378 96109 72765 314017 395240 259774 210273 124383362 34647595 88431655 89735767 99655165 114968050 1955801 1648031 2552414 7726826 204472246 228294024 8713581 10439294 5000825 5982566 16000000 16000000 116883 116050 1196341 943603 31027630 33481513 X 119744836 133809109 31001222 37972852 22698558 23030550 173444616 194812511 204472246 228294024 X 5464953 15902942 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81174307 481992 12815829 1944821 92527307 70259093 8080526 5032123 2197435 81174307 85234338 6827991 -19489744 2313492 70259093 0.68750 0.31250 0 0 71043 71043 106283793 25320432 80963361 8709689 7045787 1663902 9318837 2281376 7037461 89735767 AMOUNTS HELD ON BEHALF OF OTHERS 186051 INTEREST RATE SWAP 757552 943603 34324837 28859884 5464953 15586125 316817 15902942 21367895 44965564 15586125 15586125 29379439 344923 4600475 4945398 34324837 23914486 0 23914486 344923 4600475 4945398 28859884 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 8 - OTHER ADJUSTMENTS: POST RETIREMENT MEDICAL BENEFITS 18,136. INTEREST RATE SWAP HEDGE ADJUSTMENTS 298,681. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS 4,026,075. FACULTY AND STAFF REMISSIONS 574,400. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GRANTS 4,026,075. FACULTY AND STAFF REMISSIONS 574,400. 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 1 FINANCIAL AID TO STUDENTS 122 0 4026075 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 212293 0 4340 0 0 0 34904 0 32586 0 284123 0 0 0 JOHN E ALDEN JR 143083 0 3102 0 0 0 15663 0 8468 0 170316 0 0 0 JOHN E ORMISTON 153685 0 3343 0 0 0 27039 0 32509 0 216576 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. JEAN MAHER SPOUSE OF SECRETARY/HEAD OF SCHOOL MICHAEL J. MAHER 87890 EMPLOYMENT 0 CHERYL ALDEN SPOUSE OF ASSISTANT TREASURER/CFO JOHN E. ALDEN, JR. 21586 EMPLOYMENT 0 LINDA KAY SPOUSE OF ASSISTANT TREASURER ANDREW P. KAY 34647 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 46247 LEASED FACILITIES AT MARKET RATES FOR SUMMER CAMP 0 X 36 3803990 FMV 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): 36 IS THE NUMBER OF ACTUAL CONTRIBUTIONS MADE. 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 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 5: NET UNREALIZED GAINS ON INVESTMENTS: 15,586,125. POST RETIREMENT MEDICAL BENEFITS 18,136. INTEREST RATE SWAP HEDGE ADJUSTMENTS 298,681. TOTAL TO FORM 990, PART XI, LINE 5: 15,902,942.