2011-02-08T10:56:55-07:00 2010-06-30 990 2009-07-01 042103870 Belmont Hill School Inc BELM 6174844410 350 Prospect Street Belmont MA 024782662 Jay Bounty 6179935313 2011-02-10 2009 2016-02-24 21:20:13Z Jay Bounty 350 Prospect Street Belmont MA 024782662 64985518 0 X www.belmonthill.org X 1923 MA Belmont Hill is a community dedicated to developing boys in mind, body, and spirit. In a school that challenges and supports students in and beyond the classroom, we strive for excellence, honoring clear thinking and creativity, competition and teamwork, tradition and vision. Valuing difference, we seek students, faculty, and staff from a broad range of backgrounds who will embrace honest effort, curiosity, courage, and compassion. Working together, we seek to foster in each boy good character, commitment to service, global responsibility, and a passion for lifelong learning. 36 36 296 300 105356 94376 8440430 10875181 15165900 16108585 -2277876 -1368873 456578 456358 21785032 26071251 2575336 2923405 0 0 11362174 11726592 0 0 1860246 9001206 9158172 22938716 23808169 -1153684 2263082 101571618 111279313 40180614 39681036 61391004 71598277 Belmont Hill is a community dedicated to developing boys in mind, body, and spirit. In a school that challenges and supports students in and beyond the classroom, we strive for excellence, honoring clear thinking and creativity, competition and teamwork, tradition and vision. Valuing difference, we seek students, faculty, and staff from a broad range of backgrounds who will embrace honest effort, curiosity, courage, and compassion. Working together, we seek to foster in each boy good character, commitment to service, global responsibility, and a passion for lifelong learning. 0 0 17187348 2881685 15397033 Educational institutions and related activities: Belmont Hill's mission is to educate boys in mind, body, and spirit. Our environment of both challenge and support emphasizes strong moral values, honest effort, and responsibility for oneself and community. Valuing difference, Belmont Hill welcomes students from a broad range of backgrounds and experiences. Through shared commitment to the classroom, playing field, studio and stage, students and teachers forge special bonds. Respecting tradition yet alive to innovation, our structured and rigorous program provides students with clear expectations and consistent encouragement, a framework for growth that honors creativity, teamwork and competition. Belmont Hill helps students to develop clear thinking and lifelong love of learning; to become sensitive and responsive to the complexities of modern society; to gain the skills, values and courage to face the future with confidence; and to embrace, both now and in later life, a spirit of working together to better the world. Belmont Hill School gives its students a strong, traditionally defined education, in a balanced, well rounded environment. The value of its core curriculum seems to have increased with time. The school's insistence on this traditional framework of excellence, in many ways simple and straightforward, gives the curriculum distinction, and continues to be its first principle in planning for the future. (449 students) Grants were awarded to 128 students. 702526 41720 1049326 Educational institutions and related activities: Educated 571 boys and girls, ages 8 to 18, in a 6 week comprehensive and rigorous summer school. Students take courses for remediation, for enrichment, and for academic credit here and at other schools. Instructional program for another 616 boys and girls, ages 6 to 14, in athletic skills camps and arts workshops, one to three weeks in length with emphasis on instruction and skills development. (1187 students) 0 0 0 17889874 1 1 0 0 0 0 0 0 1 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 1 0 0 0 0 0 0 0 0 1 74 0 1 296 1 1 1 0 0 0 0 1 1 0 0 0 36 36 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X Jay Bounty - Assistant Treasurer 6179935313 350 Prospect Street Belmont MA 024782662 X Amos Hostetter 1 X 0 0 0 Anthony Ryan 1 X 0 0 0 Arlene Spence 1 X 0 0 0 Carl Martignetti 1 X 0 0 0 Carolyn Peter 1 X 0 0 0 Danielle Heard 1 X 0 0 0 David Bright 1 X 0 0 0 David Weinstein 1 X 0 0 0 Frederick Chicos 1 X 0 0 0 Gerald Jordan 1 X 0 0 0 Geraldine Denterlein 1 X 0 0 0 Jason Hurd 1 X 0 0 0 Jeffrey Drucker 1 X 0 0 0 John Connors III 1 X 0 0 0 John Connors Jr 1 X 0 0 0 John Grady 1 X 0 0 0 Jon Biotti 1 X 0 0 0 Jonathan Kraft 1 X 0 0 0 Kevin McCafferty 1 X 0 0 0 Kevin Mundt 1 X 0 0 0 Marilyn McGrath 1 X 0 0 0 Mark Chandler 1 X 0 0 0 Michael Gordon 1 X 0 0 0 Ronald Druker 1 X 0 0 0 Roy Coppedge III 1 X 0 0 0 Ruthanne Fuller 1 X 0 0 0 Scott Gieselman 1 X 0 0 0 Stephen Karp 1 X 0 0 0 Warren Fields 1 X 0 0 0 William Byrnes 1 X 0 0 0 William Cleary 1 X 0 0 0 William Cornish 1 X 0 0 0 Richard Ganong 5 X X 0 0 0 William Achtmeyer 1 X X 0 0 0 Sandra Fenwick 1 X X 0 0 0 Richard Melvoin 50 X X 330489 0 104305 Gary Hall 50 X 222887 0 46566 Beverly Coughlin 50 X 226620 0 27589 Steven Armstrong 50 X 108077 0 28281 Deborah Callahan 50 X 104125 0 26207 Donald Bradley 50 X 100320 0 88903 1092518 0 321851 6 0 1 0 Sodexo Inc and Affiliates Sodexo Inc and Affiliates PO Box 360170 Pittsburgh PA 15262 Food Services 796454 Prospect Building Services Corporation Prospect Building Services Corporation 360 Pearl Street Malden MA 02148 Custodial Services 366459 Doug Rancourt Doug Rancourt Electricians 7 Priscilla Road Hopkinton MA 01748 Electrical Services 111452 Belmont Printing Co Belmont Printing Co 46 Brighton Street Belmont MA 02478 Printing Services 104051 4 0 0 134505 0 0 10740676 1395947 10875181 Tuition and fees 900099 15014461 15014461 0 0 Summer Programs 900099 1049326 1049326 0 0 Student activities 900099 44798 44798 0 0 0 0 0 0 16108585 695240 0 0 695240 372 0 0 372 0 0 0 0 0 254388 0 149032 0 105356 105356 0 105356 0 36225676 0 38290161 0 -2064485 0 -2064485 0 0 -2064485 62344 134505 55964 6380 0 0 6380 425958 419110 6848 0 0 6848 School Bus Transportation 900099 244900 244900 0 0 Programs for parents / alumni 900099 47259 47259 0 0 Insurance refunds 900099 22095 22095 0 0 23520 23520 0 0 337774 26071251 16446359 105356 -1355645 0 0 2923405 2923405 807646 0 567300 240346 0 0 0 0 8279325 6106246 1647074 526005 560013 411592 112966 35455 1456191 1145650 246202 64339 623417 419437 152703 51277 44113 44113 56200 1700 54500 274332 274332 624627 302792 175409 146426 36954 23350 13604 265108 166944 78297 19867 1763868 1681446 49272 33150 108587 91827 2396 14364 36406 17622 16784 2000 1591758 1591758 1749375 1613574 105176 30625 148772 73744 75028 0 Supplies & Equipment 653541 342306 178410 132825 Student Food Services 667955 667955 0 0 Printing and Publications 441934 120458 119187 202289 Entertainment 353011 7599 53348 292064 Miscellaneous 184162 137716 19784 26662 157469 42753 72164 42552 23808169 17889874 4058049 1860246 300 300 5139697 6096848 3207496 3846702 93711 136590 51143 56573 835240 841439 54422531 17480778 36444362 36941753 20533486 30613041 35180191 32660075 85992 85992 101571618 111279313 1653427 1700502 0 2670602 2804625 33900000 32075000 0 0 0 0 0 0 1850000 3000000 106585 100909 40180614 39681036 X 48990984 57380143 4859648 6359395 7540372 7858739 61391004 71598277 101571618 111279313 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50387622 6270635 6108188 0 2912533 0 59853912 61650868 4073479 -12602691 0 2734034 0 50387622 0.82 0.13 0.05 0 0 0 5612242 5612242 0 38582305 11157110 27425195 0 4292633 1213809 3078824 0 3256159 2745468 510691 0 2679192 2364391 314801 36941753 Bond Proceeds Held by Trustee 2517108 F Equity Limited Partnerships 10309978 F Alternative Investments 19832989 F 32660075 Works of Art 85992 85992 0 Unamortized Originial Issue Premium 2007 Bond 100909 100909 26071251 23808169 2263082 7780950 0 0 0 163241 7944191 10207273 31278571 7780950 0 0 624106 8405056 22873515 274331 2923405 3197736 26071251 21071298 0 0 0 460865 460865 20610433 274331 2923405 3197736 23808169 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The endowment supports the educational mission by the school, by providing support for financial aid for students, faculty compensation and continuing education, school programs and facilities, as well as general support for school operations. SchD_P10_S00_L00 Schedule D, Part X The School accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The School has identified its tax status as a tax exempt entity as a tax position; however, the School has determined that such tax position does not result in an uncertainty requiring recognition. The School is not currently under examination by any taxing jurisdiction. The School's Federal and state income tax returns are generally open for examination for three years following the date filed. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Other Adjustments Change in value of split interest agreements: $163,241. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Other Adjustments Special Events Expenses $55,964 Sale of Inventory Netted $419,110 Rental Expenses $149,032 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Other Adjustments Financial aid grants 2,923,405 SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Other Adjustments Special Events Expenses $55,964 Sale of Inventory Netted $419,110 Rental Expenses $149,032 Change in Value of Split Interest Agreements ($163,241) SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Other Adjustments Financial aid grants 2,923,405 1 1 1 Belmont Hill School publishes its racially non-discriminatory policy annually in the Boston Globe in conjunction with the other local independent schools. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Golf Tournament 161440 134405 27035 0 0 0 0 0 32452 Parents Council Spring Event 28109 0 28109 0 0 0 0 0 15321 1 7300 100 7200 0 0 0 0 0 8191 196849 134505 62344 0 0 0 0 0 55964 55964 6380 1 Financial aid awards for school year 128 0 2881685 By need Tuition assistance Tuition discounts for summer programs 270 0 41720 Aid to individuals residing in Belmont and by need Tuition discounts SchI_P01_S00_L02 Schedule I, Part I, Line 2 Financial aid is awarded to students on the basis of financial need in an objective and non-discriminatory manner. To be considered for a financial aid grant for their children, parents must furnish 1. A copy of their most recent federal tax return 2. A completed "Parents Financial Statement" provided by the school and the student service for financial aid (SSS). SSS analyzes the "Parents Financial Statement" and makes a recommendation regarding financial need to the school for its consideration. The school makes determinations of financial aid based upon this information, sometimes adjusted to reflect supplemental information provided by the family. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Richard Melvoin 295621 0 0 0 34868 0 36242 0 68062 0 434793 0 360753 0 Gary Hall 219525 0 0 0 3362 0 25150 0 21416 0 269453 0 256921 Beverly Coughlin 219766 0 0 0 6855 0 20565 0 7024 0 254210 0 245235 0 Donald Bradley 97656 0 0 0 2664 0 10562 0 78341 0 189223 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Richard I Melvoin is required to stay on campus to perform his duties as Head of School. Included in Richard I Melvoin's column D for 2009 is an amount for 5% of the value of his house with utilities totaling $48,000, along with $2960 for housekeeping's charge to clean the house. Mass Development Finance Agency 043431814 57583RKB0 2007-02-28 985000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKC8 2007-02-28 1030000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKD6 2007-02-28 125000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKQ7 2007-02-28 945000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKE4 2007-02-28 1120000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 988482 72807 700968 13930 200777 2009 0 1 1 1 1033641 76133 732991 14567 209950 2009 0 1 1 1 125442 9240 88955 1768 25479 2009 0 1 1 1 948341 69850 672502 13365 192624 2009 0 1 1 1 1123959 82786 797039 15839 228295 2009 0 1 1 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mass Development Finance Agency 043431814 57583RKF1 2007-02-28 1185000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKG9 2007-02-28 1235000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKH7 2007-02-28 1290000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKJ3 2007-02-28 1350000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKK0 2007-02-28 1420000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 1189189 87590 843296 16759 241544 2009 0 1 1 1 1239366 91286 878878 17466 251736 2009 0 1 1 1 1294560 95351 918018 18244 262947 2009 0 1 1 1 1354773 99787 960717 19092 275177 2009 0 1 1 1 1425020 104961 1010532 20082 289445 2009 0 1 1 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mass Development Finance Agency 043431814 57583RKL8 2007-02-28 140000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKS3 2007-02-28 1350000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKM6 2007-02-28 400000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKT1 2007-02-28 1170000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 Mass Development Finance Agency 043431814 57583RKN4 2007-02-28 8960000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 140495 10348 99630 1980 28537 2009 0 1 1 1 1354773 99787 960717 19092 275177 2009 0 1 1 1 401414 29566 284657 5657 81534 2009 0 1 1 1 1174136 86482 832621 16546 238487 2009 0 1 1 1 7166676 662287 6376313 126716 1360 2009 0 1 1 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mass Development Finance Agency 043431814 57583RKP9 2007-02-28 11195000 Renovations and additions and refund Series 1998 and 2001 bonds 0 0 11234577 827489 7966833 158324 2281931 2009 0 1 1 1 0 0 0 0 1 0.024 0.028 0.052 1 0 0 0 0 0 0 X 6929 Cost of flowers X 1 6709 IRS lease value table X 2 23562 Cost of computers X 33 719441 FMV on date of gift X Batting Cage 1 100 Cost of item 0 1 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 John Connors Jr is the father of John Connors III. Both individuals are trustees of the school. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 Prior to filing, the form 990 was reviewed by the Audit Committee of the Board of Trustees and then posted on the trustee portal on the school's website. Trustees were invited to review the form 990 online prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Every year the school sends a conflict of interest questionnaire to trustees, members of trustee committees, and employees with decision making authority. The results of the survey are reviewed by the Audit Committee of the Board of Trustees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees sits as a compensation committee when it meets in executive session to consider compensation for the Head of School. The committee reviews comparison compensation data for similar schools. The committee reports the results of its deliberation to the Board of Trustees. This process described is also used to determine compensation for other officers, namely the CFO, and key employees, namely the Director of Development. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 These documents are available to the public on request to the Business Office, Belmont Hill School, Inc. at 350 Prospect Street in Belmont, MA 02478. These documents are also available for public inspection on the website of the Attorney General of the Commonwealth of Massachusetts at http://www.charities.ago.state.ma.us/ and also at Guidestar at http://www2.guidestar.org.