2026-03-19T14:50:02-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2024-07-01 042178868 THE CHESTNUT HILL SCHOOL CHES 6175664394 428 HAMMOND STREET CHESTNUT HILL MA 024671229 LISA HALM DIRECTOR OF FINANCE 6175664394 2026-03-19 1 1 JOHN TOSCANO P00358542 8605614000 2026-03-19 2024 2025-03-06 01:10:19Z RODERICK MACNEAL JR ED 428 HAMMOND STREET CHESTNUT HILL MA 024671229 14080438 0 X WWW.TCHS.ORG X 1919 MA THE MISSION OF THE CHESTNUT HILL SCHOOL IS GROUNDED IN THE BELIEF THAT CHILDHOOD OPTIMISM AND ENDURING CURIOSITY CAN TRANSFORM THE WORLD. AT THE SCHOOL, STUDENTS FROM AGE 3 THROUGH GRADE 6 FIND MEANING AND JOY IN A DIVERSE COMMUNITY THAT ENCOURAGES THEM TO QUESTION, TAKE RISKS, AND THINK CRITICALLY AS THEY GROW INTO INTELLECTUALLY SKILLED, EMPATHETIC, SELF-EMPOWERED YOUNG LEARNERS. WITHIN AN ACTIVE COMMUNITY OF STUDENTS, FACULTY, AND FAMILIES, THE CHESTNUT HILL SCHOOL PROMOTES RESPECT BETWEEN INDIVIDUALS AND INVOLVEMENT WITH THE LARGER COMMUNITY. 18 16 210 24 46338 35105 742249 629066 11921982 11816532 1036999 617647 2471 8764 13703701 13072009 2085168 1888081 0 0 8004504 7920374 0 0 234613 3151489 3075040 13241161 12883495 462540 188514 28262909 29262012 9955224 10220340 18307685 19041672 X AT THE CHESTNUT HILL SCHOOL, OUR MISSION TO EDUCATE CHILDREN IS DEEPLY ROOTED IN A COMMITMENT TO ACADEMIC EXCELLENCE, DIVERSITY, AND COMMUNITY. WE ENGAGE, CHALLENGE AND SUPPORT CHILDREN AS THEY DEVELOP THE SKILLS AND CONFIDENCE TO ACHIEVE EDUCATIONAL SUCCESS. WE NURTURE THE WHOLE CHILD THROUGH A THOUGHTFUL, BALANCED CURRICULUM. WE INTENTIONALLY BUILD A DIVERSE SCHOOL COMMUNITY, AND WE VALUE, RESPECT, AND EDUCATE OURSELVES ABOUT ITS COMPLEXITIES AND GIFTS. WE FOSTER THE GROWTH OF OUR STUDENTS SO THEY WILL BECOME RESPONSIBLE, CONTRIBUTING MEMBERS OF THE WORLD WHO STAND UP FOR THEIR BELIEFS, EXPRESS THEIR THOUGHTS, AND CARE ABOUT THE RIGHTS AND FEELINGS OF OTHERS. 0 0 7822461 1631810 9236317 THE CHESTNUT HILL SCHOOL IS A COEDUCATIONAL DAY SCHOOL FOR CHILDREN FROM BEGINNERS THROUGH SIXTH GRADE THAT FOSTERS AN INCLUSIVE COMMUNITY OF JOYFUL LEARNERS WHO THINK CRITICALLY, EMBRACE DIVERSITY, AND ACT WITH EMPATHY. THE CHESTNUT HILL SCHOOL IS GROUNDED BY THE VALUES AND GUIDING PRINCIPLES OF BELONGING, PURSUIT OF KNOWLEDGE, PERSEVERANCE, AND KINDNESS. OF 221 STUDENTS, 51% IDENTIFY AS STUDENTS OF COLOR, AND 28% RECEIVE FINANCIAL ASSISTANCE. TEACHING FACULTY: 42 TOTAL; 62% HAVE ADVANCED DEGREES. 100% OF GRADUATING SIXTH GRADERS WERE OFFERED ADMISSION TO ONE OF THEIR TOP CHOICE SCHOOLS. THE GENEROUS SUPPORT OF OUR DONORS AND VOLUNTEERS ALLOWS THE CHESTNUT HILL SCHOOL TO ACCOMPLISH MANY OF THE THINGS THAT SET IT APART FROM OTHER INDEPENDENT ELEMENTARY SCHOOLS. WE ARE ABLE TO RETAIN THE MOST QUALIFIED AND CARING FACULTY, PROVIDE A WIDE RANGE OF SPECIAL SUBJECTS AS PART OF OUR CURRICULUM, MAINTAIN BEAUTIFUL BUILDINGS AND GROUNDS, AND PROVIDE FINANCIAL ASSISTANCE TO ELIGIBLE STUDENTS. 1032973 196409 1810391 EACH SUMMER, CHESTNUT HILL SCHOOL HOLDS A SUMMER CAMP FOR CHILDREN FROM AGE 4 THROUGH HIGH SCHOOL, WHICH PROVIDES MEMBERS OF THE SCHOOL AND LOCAL COMMUNITY WITH A HIGH-QUALITY, AFFORDABLE OPTION FOR RECREATION AND EDUCATION DURING JULY AND AUGUST. 459485 59862 786579 THE CHESTNUT HILL SCHOOL OFFERS A VARIETY OF BEFORE AND AFTER-SCHOOL PROGRAMS TO ALL STUDENTS, INCLUDING AN EARLY ARRIVAL PROGRAM, EXTENDED DAY, AFTER-SCHOOL ENRICHMENT CLASSES, PRIVATE MUSIC LESSONS, AND VACATION CAMP. 9314919 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 46 0 1 210 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 16 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MA X LISA HALM 6172641341 428 HAMMOND STREET CHESTNUT HILL MA 02467 STEPHEN KRAUS CO-CHAIR - OUTGOING MAY 2025 4.00 X X 0 0 0 MATHILDA MCGEE-TUBBS CO-CHAIR EFF. APRIL 2025 4.00 X X 0 0 0 ANGELA SMITH CO-CHAIR 4.00 X X 0 0 0 MARCUS YOUNG VICE-PRESIDENT 2.00 X X 0 0 0 SRI RAO SECRETARY EFF. APRIL 2025 2.00 X X 0 0 0 RICK WETMORE TREASURER 2.00 X X 0 0 0 JULIE BEDARD TRUSTEE 1.00 X 0 0 0 LAUREN BESHEARS TRUSTEE 1.00 X 0 0 0 NAISHA BRADLEY TRUSTEE 1.00 X 0 0 0 DONALD FELIX TRUSTEE 1.00 X 0 0 0 DAN FOSTER TRUSTEE 1.00 X 0 0 0 THOMAS FOX TRUSTEE 1.00 X 0 0 0 SARAH GREENHILL TRUSTEE - OUTGOING MAY 2025 1.00 X 0 0 0 HILLARY GROVE TRUSTEE - OUTGOING MAY 2025 1.00 X 0 0 0 REBECCA HAYES TRUSTEE 1.00 X 0 0 0 CHRIS KOLOVOS TRUSTEE 1.00 X 0 0 0 MATT LESNIAK TRUSTEE 1.00 X 0 0 0 SHRADHA PATEL TRUSTEE 1.00 X 0 0 0 VARSHA TANGUTURI TRUSTEE 1.00 X 0 0 0 NEIL VANCHHANI TRUSTEE 1.00 X 0 0 0 LINDSAY VALENTE TRUSTEE 1.00 X 0 0 0 RODERICK MACNEAL JR HEAD OF SCHOOL 40.00 X 289964 0 61060 LISA HALM CHIEF FINANCIAL & OPERATING OFFICER 40.00 X 149073 0 49772 TARA HATHAWAY DIRECTOR OF OPERATIONS 40.00 X 131494 0 9358 VIRGINIA SIU DEAN OF FACULTY 40.00 X 122679 0 24280 MARCUS NICKERSON CAMP DIRECTOR/ATHLETIC DIRECTOR 40.00 X 116892 0 22955 KERRYN HINDS DIR. OF DIVERSITY, EQUITY, INCLUSION 40.00 X 104320 0 48472 ANI ROONEY CONTROLLER 40.00 X 105642 0 23172 1020064 0 239069 9 0 1 0 OUNCEIT LLC 205 NEWBURY ST STE 202 FRAMINGHAM MA 01701 TECHNOLOGY SUPPORT AND CONSULTING 273867 1 629066 15905 629066 TUITION 611710 9139740 9139740 CAMP, AFTERSCHOOL, AND OTHER 611710 2596970 2596970 ALL OTHER PROGRAM SERVICE REVENUE 900099 79822 79822 11816532 261961 27299 234662 500 0 500 500 500 1352194 996508 355686 355686 19039 336647 3430 11921 -8491 -8491 MISCELLANEOUS REVENUE 900099 16755 16755 16755 13072009 11833287 46338 563318 1888081 1888081 558953 106917 380758 71278 5852897 4239517 1517998 95382 266294 162421 100134 3739 782152 545418 225819 10915 460078 316944 135931 7203 23679 23679 99652 99652 20131 20131 139374 120101 19273 216670 22955 193715 40875 40875 223231 122390 88836 12005 557462 473843 83619 537395 456786 80609 113597 113597 STUDENT SERVICES AND AC 390578 390578 INSTRUCTIONAL SUPPLIES 347018 347018 365378 121950 209337 34091 12883495 9314919 3333963 234613 830928 942985 1746006 1610014 20975 7586 6350681 6640271 449778 443468 18584609 9700369 9123100 8884240 7119808 8068434 2621633 2665014 28262909 29262012 793083 860244 9051834 9351209 110307 8887 9955224 10220340 X 16937851 17618181 1369834 1423491 18307685 19041672 28262909 29262012 188514 545473 0 X X 0 1 X 1 0 X 729734 3801101 516231 742249 629066 6418381 729734 3801101 516231 742249 629066 6418381 378451 6039930 149999 162805 251533 480846 235164 1280347 23870 46338 70208 7768936 54958265 0.77740 0.78860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 9349988 1004266 350000 10004254 11668419 1115625 3434056 9349988 11120579 547840 11668419 11402707 -32128 250000 11120579 588542 8314946 2839219 8602 331398 11402707 0.91190 0.08810 0.00000 0 0 12000 12000 15588546 7546947 8041599 1649285 1320586 328699 1334778 832836 501942 8884240 PRIVATE EQUITY 2665014 F 2665014 VISA BILL 8887 8887 X 11710611 545473 -1898661 -1353188 13063799 20131 -11921 8210 13072009 10976624 11921 11921 10964703 20131 1898661 1918792 12883495 PART V, LINE 4: THE SCHOOL'S ENDOWMENT FUNDS ARE INVESTED FOR LONG-TERM GROWTH IN ORDER TO PROVIDE A RATE OF RETURN WHICH, SUBJECT TO THE SCHOOL'S SPENDING POLICY, WILL BE USED TO SUPPORT THE SCHOOL'S CURRENT AND FUTURE PROGRAMS. PART X, LINE 2: THE SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2025 AND 2024. THE SCHOOL'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2022 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD 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: FINANCIAL AID AND REMISSION -1,898,661. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -11,921. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 11,921. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID AND REMISSION 1,898,661. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ON AN ANNUAL BASIS, THE CHESTNUT HILL SCHOOL PARTICIPATES IN A GROUP ADVERTISEMENT IN THE BOSTON GLOBE REAFFIRMING ITS POLICY OF NON-DISCRIMINATORY ADMISSION OF STUDENTS. 1 FINANCIAL AID 60 1631810 FMV FINANCIAL ASSISTANCE CREDITED DIRECTLY AGAINST STUDENT ACCOUNT BALANCES. FINANCIAL AID - OTHER PROGRAMS 70 256271 FMV FINANCIAL ASSISTANCE CREDITED DIRECTLY AGAINST STUDENT ACCOUNT BALANCES. PART I, LINE 2: FINANCIAL AID IS AWARDED THROUGH A PROCESS WHICH BEGINS WITH THE PARENTS' SUBMISSION OF AN APPLICATION TO SCHOOL AND STUDENT SERVICES (SSS). RESULTING INFORMATION IS THEN REVIEWED BY THE SCHOOL'S FINANCIAL AID COMMITTEE, WHICH IS CHARGED WITH FINAL DISTRIBUTION OF APPROVED FINANCIAL AID AWARDS. X 1 1 X X X 0 0 0 0 0 0 0 1 0 RODERICK MACNEAL JR HEAD OF SCHOOL 287328 0 1500 0 1136 0 18248 0 42812 0 351024 0 0 0 LISA HALM CHIEF FINANCIAL & OPERATING OFFICER 147720 0 575 0 778 0 9750 0 40022 0 198845 0 0 0 KERRYN HINDS DIR. OF DIVERSITY, EQUITY, INCLUSION 103418 0 575 0 327 0 7125 0 41347 0 152792 0 0 0 PART I, LINE 1A IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACT, THE HEAD OF SCHOOL HAS ACCESS TO A DISCRETIONARY SPENDING ACCOUNT TO PAY FOR COSTS AND FEES ASSOCIATED WITH A PROFESSIONAL EXECUTIVE COACH FOR THE BENEFIT OF THE HEAD, IN ADDITION TO OTHER ITEMS ASSOCIATED WITH THE BUSINESS OF THE SCHOOL. PART I, LINE 1B IN ACCORDANCE WITH THEIR EMPLOYMENT CONTRACT, THE HEAD OF SCHOOL HAS ACCESS TO A DISCRETIONARY SPENDING ACCOUNT TO PAY FOR COSTS AND FEES ASSOCIATED WITH A PROFESSIONAL EXECUTIVE COACH FOR THE BENEFIT OF THE HEAD, IN ADDITION TO OTHER ITEMS ASSOCIATED WITH THE BUSINESS OF THE SCHOOL. PART I, LINE 3 THE GOVERNING BOARD OFFERS THE HEAD OF SCHOOL A MULTI-YEAR EMPLOYMENT CONTRACT, INCLUDING COMPENSATION. THE BOARD USES SURVEY DATA FROM PEER SCHOOLS AND AISNE, AS WELL AS OTHER ORGANIZATIONS' 990 DATA, TO BENCHMARK THE SALARY OF THE HEAD. PART I, LINE 7 THE HEAD OF SCHOOL, AND CHIEF FINANCIAL & OPERATIONS OFFICER RECEIVED A DISCRETIONARY BONUS BASED ON THE APPROVAL OF EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. 117300 NEED BASED FINANCIAL AID FINANCIAL ASSISTANCE FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE THE TRUSTEES SERVING IN SUCH OFFICE AND PARENTS OR LEGAL GUARDIANS OF THE CHILDREN FROM TIME TO TIME ENROLLED AS FULL TIME STUDENTS IN THE SCHOOL AS SET FORTH ON THE LIST OF FAMILIES MAINTAINED BY THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEESHIP COMMITTEE SHALL DETERMINE THE NUMBER OF VACANCIES ON THE BOARD OF TRUSTEES AND SHALL PROPOSE A SLATE OF CANDIDATES FOR SUCH VACANCIES TO THE BOARD OF TRUSTEES FOR APPROVAL AT LEAST THIRTY (30) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. ONCE A SLATE OF PROPOSED TRUSTEES IS APPROVED BY THE TRUSTEES, THE NAMES OF THE PERSONS SO NOMINATED SHALL BE DISTRIBUTED ELECTRONICALLY (EMAILED) TO THE MEMBERS OF THE CORPORATION AND TO THE BOARD NOT LESS THAN FOURTEEN (14) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. MEMBERS OF THE CORPORATION MAY PETITION FOR ADDITIONAL NOMINATIONS BY SUBMITTING SUCH PETITION SIGNED BY NOT FEWER THAN FIVE MEMBERS AND SUBMITTED TO THE SECRETARY NOT LESS THAN SEVEN (7) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. THE REVISED LIST OF ALL NOMINATIONS MUST BE MAILED TO ALL MEMBERS OF THE CORPORATION NOT LESS THAN THREE (3) DAYS PRIOR TO THE DATE OF THE ANNUAL MEETING. SO LONG AS QUORUM IS PRESENT AT THE ANNUAL MEETING, A VOTE BY A MAJORITY OF THOSE EITHER PRESENT OR REPRESENTED BY PROXY SHALL CONSTITUTE PROPER ELECTION OF CANDIDATES FOR THE OFFICE OF TRUSTEE. ONCE ELECTED, EACH TRUSTEE SHALL SERVE FROM THE DAY FOLLOWING THE ANNUAL MEETING OF HIS/HER SELECTION UNTIL HIS/HER SUCCESSOR IS DULY ELECTED. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SHARED ELECTRONICALLY WITH THE FINANCE COMMITTEE OF THE BOARD FIRST FOR ANY COMMENTS OR QUESTIONS. ONCE APPROVED, IT IS SHARED ELECTRONICALLY WITH THE ENTIRE BOARD/GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE EXECUTIVE COMMITTEE DISTRIBUTES CONFLICT OF INTEREST STATEMENTS FOR ALL BOARD MEMBERS TO FILL OUT. THE SECRETARY COLLECTS THE STATEMENTS AND REVIEWS ALL DISCLOSURES. THE CONFLICT OF INTEREST STATEMENT STATES THAT BOARD MEMBERS HAVE AN ONGOING RESPONSIBILITY TO DISCLOSE ANY CONFLICTS OR SUSPECTED CONFLICTS WITH THE PRESIDENT OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES REVIEWS SALARY AND BENEFIT INFORMATION OBTAINED THROUGH NAIS AND AISNE STATS ONLINE. IT DETERMINES AN APPROPRIATE SALARY (BASED ON THE CHESTNUT HILL SCHOOL'S BUDGET) FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINES ALL OTHER FACULTY AND STAFF COMPENSATION. THESE ARE ALL DETERMINED IN THE SAME MANNER AS THAT USED FOR THE HEAD OF SCHOOL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT ITS BUSINESS OFFICE. FORM 990, PART XII, LINE 2C THE SCHOOL HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESSES DURING THE TAX YEAR.