2026-05-15T12:20:47-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-07-01 060653119 THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL LOOM 8606876000 4 BATCHELDER ROAD WINDSOR CT 06095 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 8606876000 2026-05-14 1 0 LAURA J KENNEY P00202198 6177170831 2026-05-13 2024 2025-03-06 01:10:19Z JOANN REILLY SOJA 4 BATCHELDER ROAD WINDSOR CT 06095 112545214 0 X WWW.LOOMIS.ORG X 1874 CT EDUCATION OF HIGH SCHOOL (GRADES 9-12) STUDENTS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 28 26 476 483 34803 0 77085187 16215811 50159744 51936772 10518010 12184583 111567 161302 137874508 80498468 10524107 11107606 0 0 31396078 31489265 0 0 5105511 30835849 32929805 72756034 75526676 65118474 4971792 540597730 564579237 84216745 83371539 456380985 481207698 EDUCATION OF HIGH SCHOOL (GRADES 9-12) STUDENTS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 0 0 59285792 11107606 51936772 EDUCATION OF HIGH SCHOOL (GRADES 9-12) STUDENTS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 59285792 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 165 0 1 476 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X RICHARD ESPOSITO 8606876226 4 BATCHELDER ROAD WINDSOR CT 06095 JOANN REILLY SOJA HEAD OF SCHOOL 40.00 0.00 X X 279653 0 117132 COURTNEY ACKEIFI TRUSTEE 1.00 0.00 X 0 0 0 KATHERINE BALLARD TRUSTEE 1.00 0.00 X 0 0 0 JOHN BUSSEL TRUSTEE 1.00 0.00 X 0 0 0 PAULINE CHEN HALSEY TRUSTEE 1.00 0.00 X 0 0 0 ERIK A CLIETTE TRUSTEE 1.00 0.00 X 0 0 0 BRITT MARIE COLE-JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 KEITH O COWAN TRUSTEE 1.00 0.00 X 0 0 0 FRIDOLF A HANSON TRUSTEE 1.00 0.00 X 0 0 0 M SCOTT HAVENS TRUSTEE 1.00 0.00 X 0 0 0 JAMES S HIGGINS TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN M KELLY TRUSTEE 1.00 0.00 X 0 0 0 UNSOO KIM TRUSTEE 1.00 0.00 X 0 0 0 RACHEL KORT TRUSTEE 1.00 0.00 X 0 0 0 DOUGLAS W LYONS TRUSTEE 1.00 0.00 X 0 0 0 DUNCAN A L MACLEAN TRUSTEE 1.00 0.00 X 0 0 0 JESSICA PAINDIRIS TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER A PODURGIEL TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH RICHMOND TRUSTEE 1.00 0.00 X 0 0 0 DAVID A ROGAN TRUSTEE 1.00 0.00 X 0 0 0 MARC RUBENSTEIN TRUSTEE 1.00 0.00 X 0 0 0 MARY BUCKSBAUM SCANLAN TRUSTEE 1.00 0.00 X 0 0 0 HARVEY J STRUTHERS JR TRUSTEE 1.00 0.00 X 0 0 0 XIN TANG TRUSTEE 1.00 0.00 X 0 0 0 MARTIN VULLIEZ TRUSTEE 1.00 0.00 X 0 0 0 KENDRA N WALLACE TRUSTEE 1.00 0.00 X 0 0 0 JAMES L WIDDOES TRUSTEE 1.00 0.00 X 0 0 0 ARIEL WILLIAMS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 40.00 0.00 X 541709 0 102023 LYNN PETRILLO DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 173851 0 38531 LANCE HALL DIRECTOR OF PHYSICAL PLANT 40.00 0.00 X 163274 0 55770 WEBSTER TRENCHARD ASSOCIATE HEAD OF SCHOOL 40.00 0.00 X 256545 0 71638 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 40.00 0.00 X 243994 0 102913 JULIA KNIGHT BUSINESS MANAGER 40.00 0.00 X 177714 0 19867 AMY THOMPSON DEAN OF ENROLLMENT 40.00 0.00 X 182995 0 42651 SHEILA CULBERT FORMER HEAD OF SCHOOL 0.00 0.00 X 941739 0 49835 2961474 0 600360 34 1 1 0 NEWFIELD CONSTRUCTION INC 225 NEWFIELD AVE HARTFORD CT 06106 CONSTRUCTION SERVICES 13400256 FLIK COMPASS GROUP PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 1951559 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 022412015 INVESTMENT CONSULTANT 716042 DLR GROUP 701 8TH STREET NW SUITE 700 WASHINGTON DC 20001 ARCHITECTURE SERVICES 293741 CUSTOM BUILDING SYSTEMS 200 CUSTOM AVENUE MIDDLEBURY PA 17842 CONSTRUCTION SERVICES 203196 7 16215811 1158037 16215811 TUITION AND FEES 611110 50904769 50904769 STUDENT ACTIVITIES 611110 570013 570013 SUMMER PROGRAMS 611110 433067 433067 FACILITY RENTAL 611110 28923 28923 51936772 5031075 -428740 5459815 38797628 31644120 7153508 7153508 1553 7151955 563928 402626 161302 161302 80498468 51474782 34803 12773072 11107606 11107606 1223274 569935 545241 108098 360163 360163 22813774 20982083 404507 1427184 2079803 1769259 90490 220054 3201299 3004858 196441 1810952 1609006 66173 135773 85646 85646 114772 114772 6540286 6540286 77141 14548 62593 739434 739434 4845137 4684279 80429 80429 1495941 1495941 7815441 4689265 1563088 1563088 1070017 856013 107002 107002 INSTRUCTIONAL 5288828 5288828 FOOD SERVICES 3545527 3457540 15995 71992 DEVELOPMENT 740885 740885 GENERAL 570750 527686 11255 31809 75526676 59285792 11135373 5105511 14290773 16154139 72887209 69507404 10530376 10808534 359310 429050 154224 188444 300537464 122902164 171208236 177635300 98602691 77797362 163957371 204266620 8607540 7792384 540597730 564579237 5170777 3280107 22363084 23891689 56184146 55727042 498738 472701 84216745 83371539 X 203554433 217390951 252826552 263816747 456380985 481207698 540597730 564579237 4971792 19854921 0 X 0 1 X 1 0 X 15917163 10982112 27349689 77085187 16215811 147549962 15917163 10982112 27349689 77085187 16215811 147549962 84102585 63447377 1747902 2507298 3276852 5913313 5459815 18905180 454821 613290 605824 574020 563928 2811883 169267025 234158683 0.37480 0.38340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: BOOKSTORE REVENUE - 2020 AMOUNT: $ 454,821. 2021 AMOUNT: $ 613,290. 2022 AMOUNT: $ 605,824. 2023 AMOUNT: $ 574,020. 2024 AMOUNT: $ 563,928. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 256952555 23706655 26202411 4447161 21720666 280693794 241730797 11730663 24563237 4643613 16428529 256952555 230485027 10947255 20919650 5226722 15394413 241730797 260910589 4469360 14916041 3906776 16072106 230485027 208933756 3338739 57060614 3831532 4590988 260910589 0.32380 0.46120 0.21500 0 0 620594 620594 251290639 92886857 158403782 20135105 16950772 3184333 28491126 13064535 15426591 177635300 INFLATION HEDGING 82514 F GLOBAL EQUITY 70178658 F FLEXIBLE CAPITAL 20916358 F ABSOLUTE RETURN 30250869 F PRIVATE EQUITY 81549731 F REAL ESTATE 349000 F SPLIT-INTEREST AGREEMENTS 849490 F DEFERRED COMPENSATION 90000 F 204266620 ANNUITY PAYABLE 400443 AGENCY FUNDS 38944 ASSET RETIREMENT OBLIGATION 33314 472701 83108123 19854921 402626 20257547 62850576 6540286 11107606 17647892 80498468 58281410 402626 402626 57878784 6540286 11107606 17647892 75526676 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE RELIABLE AND GROWING SUPPORT FOR THE ONGOING OPERATIONS OF THE SCHOOL. THE PURPOSE OF THE INVESTMENT COMMITTEE IS TO INVEST THE ENDOWMENT TO PRODUCE TWO RESULTS: 1. PROVIDE A RELIABLE AND GROWING STREAM OF SPENDABLE FUNDS. 2. PROTECT AGAINST PERMANENT CAPITAL LOSS, WHILE PRESERVING AND GROWING THE REAL VALUE OF THE CORPUS OVER TIME. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 402,626. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 11,107,606. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 402,626. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 11,107,606. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED IN SCHOOL REGISTRATION MATERIALS AND PROMINENTLY DISPLAYED IN VARIOUS LOOMIS WEBPAGES INCLUDING THE HOMEPAGE. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 88295852 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 5612202 EAST ASIA AND THE PACIFIC FUNDRAISING 22448 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES ADMISSIONS 3250 EAST ASIA AND THE PACIFIC PROGRAM SERVICES ADMISSIONS 10150 0 0 0 0 0 0 93943902 0 93943902 1 0 1 1 1 0 PART I, LINE 3: INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE. PROGRAMS ARE REPORTED ON THE ACCRUAL METHOD OF ACCOUNTING. INVESTMENTS AND PROGRAMS ARE REPORTED CONSISTENT WITH FINANCIAL STATEMENT REPORTING. 1 FINANCIAL AID 196 11107606 REDUCTION IN TUITION PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED AS DETERMINED BY THE LOOMIS CHAFFEE SCHOOL. THE SCHOOL UTILIZES THE STANDARDIZED FINANCIAL AID NEED-ANALYSIS FROM THE SCHOOL AND STUDENT SERVICES GUIDELINES, WHICH INCLUDES CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN A NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X X 1 1 X X X 0 1 0 0 0 0 0 0 1 1 SHEILA CULBERT FORMER HEAD OF SCHOOL 512945 0 0 0 428794 0 34500 0 15335 0 991574 0 423510 0 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 351112 0 0 0 190597 0 69500 0 32523 0 643732 0 190597 0 JOANN REILLY SOJA HEAD OF SCHOOL 249653 0 20000 0 10000 0 48500 0 68632 0 396785 0 0 0 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 243994 0 0 0 0 0 27624 0 75289 0 346907 0 0 0 WEBSTER TRENCHARD ASSOCIATE HEAD OF SCHOOL 186619 0 0 0 69926 0 34329 0 37309 0 328183 0 69926 0 AMY THOMPSON DEAN OF ENROLLMENT 182995 0 0 0 0 0 21542 0 21109 0 225646 0 0 0 LANCE HALL DIRECTOR OF PHYSICAL PLANT 163274 0 0 0 0 0 37001 0 18769 0 219044 0 0 0 LYNN PETRILLO DIRECTOR OF COMMUNICATIONS 173851 0 0 0 0 0 20009 0 18522 0 212382 0 0 0 JULIA KNIGHT BUSINESS MANAGER 177714 0 0 0 0 0 19711 0 156 0 197581 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. CERTAIN OFFICERS AND OTHER HIGHLY COMPENSATED EMPLOYEES ARE ALSO PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT. THE VALUE OF THE HOUSING IS REPORTED AS NONTAXABLE IN SCHEDULE J, PART II, COLUMN D. THE HOUSE WHERE THE HEAD OF SCHOOL RESIDES IS USED FOR MULTIPLE SCHOOL EVENTS. CLEANING SERVICES ARE PROVIDED FOR SCHOOL EVENTS. THIS IS NOT TREATED AS A TAXABLE BENEFIT. PART I, LINE 4B SHEILA CULBERT, JOANN REILLY SOJA, RICHARD ESPOSITO, LANCE HALL, AND WEBSTER TRENCHARD PARTICIPATE IN NONQUALIFIED DEFERRED COMPENSATION PLANS. THE PLANS HAVE A SUBSTANTIAL RISK OF FORFEITURE. IN CALENDAR YEAR 2024, SHEILA CULBERT RECEIVED $428,794 FOR THE VESTED AMOUNT IN HER NONQUALIFIED DEFERRED COMPENSATION PLAN, AS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). SHEILA HAS SERVED AS THE HEAD OF SCHOOL FOR 17 YEARS. IN CALENDAR YEAR 2024, CONTRIBUTIONS TO THE NONQUALIFIED DEFERRED CONTRIBUTION PLANS WERE AS FOLLOWS: JOANN REILLY SOJA ($25,000); RICHARD ESPOSITO ($35,000); LANCE HALL ($20,000); AND WEBSTER TRENCHARD ($20,000). THESE ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C). AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III), IN CALENDAR YEAR 2024, RICHARD ESPOSITO ($190,597) AND WEBSTER TRENCHARD ($69,926) RECEIVED PAYMENTS FOR THE VESTED AMOUNT IN THEIR NONQUALIFIED DEFERRED PLANS. THIS REPRESENTS DEFERRED COMPENSATION FOR 5 YEARS OF SERVICE FOR RICHARD ESPOSITO AND 3 YEARS OF SERVICE FOR WEBSTER TRENCHARD. THE PAYMENTS INCLUDE INVESTMENT RETURNS THAT ARE NOT FUNDED BY THE LOOMIS INSTITUTE. PART I, LINE 8 JOANN REILLY SOJA IS IN HER INITIAL CONTRACT WITH THE SCHOOL, THAT BEGAN AS OF 07/01/2024. A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 NONEAVAIL 2020-09-18 39872475 SERIES K-1 - REFINANCING OF SERIES H, I AND J AND PART OF NEW CONSTRUCTION 0 0 0 B CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20775DXD9 2023-12-21 15434338 SERIES L - NEW CONSTRUCTION AND CAPITAL PROJECTS 0 0 0 A 1000000 39872475 546263 8966859 30359353 2020 1 1 1 1 B 15434338 308687 15125651 2023 0 0 1 1 A 0 0 0 0 0.00880 0.00000 0.00880 0 0 1 B 0 0 0 0 0.00300 0.00000 0.00300 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 TIMOTHY STRUTHERS TRUSTEE'S SON 360163 EMPLOYMENT 0 X 70 1158037 FAIR VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B TRUSTEES AND MANAGEMENT REVIEW THE PREPARED FORM 990, EXCLUDING THE SCHEDULE B LIST OF CONTRIBUTORS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL SENIOR ADMINISTRATORS AND TRUSTEES ARE REQUIRED TO DISCLOSE AND SIGN CONFLICT OF INTEREST AGREEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES AND EXECUTIVE COMMITTEE MEMBERS MEET ANNUALLY TO REVIEW THE HEAD OF SCHOOL'S COMPENSATION THROUGH THE USE OF COMPARABLE DATA AND OTHER SOURCES. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO BE VIEWED IN THE CFO'S OFFICE. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. ADC CORPORATION 4 BATCHELDER ROAD WINDSOR CT 06095 060986152 REAL ESTATE RENTAL CT THE LOOMIS INSTITUTE C 20543 543772 1.00000 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 ADC CORPORATION A 23979 APPLICABLE FEDERAL RATE ADC CORPORATION D 527018 CASH