2022-05-11T15:00:06-05:00 2021-06-30 043108635 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 990 2020-07-01 042104328 COTTING SCHOOL INC COTT 7818627323 453 CONCORD AVENUE LEXINGTON MA 02421 BRIDGET IRISH PRESIDENT/EXECUTIVE DIRECTOR 7818627323 2022-05-11 1 BRIDGET IRISH 999009999 JOSEPH P GREENE P00632697 7813564800 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRIDGET IRISH 453 CONCORD AVENUE LEXINGTON MA 02421 53911421 0 X WWW.COTTING.ORG X 1893 MA TO EDUCATE CHILDREN AND ADULTS WHO HAVE PHYSICAL, COMMUNICATION AND OTHER CHALLENGES TO LEARNING. 16 15 174 15 0 0 2326059 2400735 9977643 11398052 1903814 3205734 364361 297658 14571877 17302179 0 0 0 0 11699865 11830335 0 0 561712 2418401 2442087 14118266 14272422 453611 3029757 109877533 147947033 6077137 16679126 103800396 131267907 TO ENABLE STUDENTS WITH SPECIAL NEEDS TO ACHIEVE THEIR HIGHEST LEARNING POTENTIAL AND LEVEL OF INDEPENDENCE. 0 0 10204550 11037675 DAY/SUMMER PROGRAM - COMPREHENSIVE PRIMARY, MIDDLE, UPPER AND POST GRADUATE EDUCATIONAL PROGRAMS FOR CHILDREN AND YOUNG ADULTS WHO HAVE VARIED PHYSICAL, COMMUNICATION AND OTHER CHALLENGES TO LEARNING. APPROXIMATELY 108 CLIENTS SERVED. 499157 280380 CONSULTING AND OUTREACH - PROVIDES TECHNOLOGY-FOCUSED ASSESSMENT, CONSULTATION AND PROFESSIONAL DEVELOPMENT TO IMPROVE CURRICULUM ACCESS AND FUNCTIONAL INDEPENDENCE TO STUDENTS WITH A WIDE RANGE OF PHYSICAL, COMMUNICATION, AND LEARNING DISABILITIES AND COMPLEX MEDICAL CONDITIONS. APPROXIMATELY 165 CLIENTS SERVED. 622643 605115 HOPEHOUSE- PROVIDES ACADEMIC, VOCATIONAL AND COMMUNITY EXPERIENCES TO INDIVIDUALS AGES 17-22 IN A 180 DAY BOARDING SCHOOL ENVIRONMENT. APPROXIMATELY 6 CLIENTS SERVED. 11326350 1 1 0 0 0 0 1 0 0 1 1 1 0 1 1 0 1 0 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 1 15 0 174 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X MICHAEL PEMBROKE 7818627323 453 CONCORD AVENUE LEXINGTON MA 02421 DAVID W MANZO PRES./EXEC. DIR. THRU 6/2021 45.00 X X 319865 0 46571 MICHAEL K DURKIN CHAIRMAN 1.00 X X 0 0 0 ALEXANDER THORNDIKE TREASURER 1.00 X X 0 0 0 LORI CAMPANA SECRETARY 1.00 X X 0 0 0 JULIE W BENNETT TRUSTEE 1.00 X 0 0 0 DAVID C CUSHING CFA TRUSTEE 1.00 X 0 0 0 HENRY W CLARK PHD ESQ TRUSTEE 1.00 X 0 0 0 TIMOTHY J CONNELLY TRUSTEE 1.00 X 0 0 0 PATRICK B DOWNES PSYD TRUSTEE 1.00 X 0 0 0 JOHN F DRAKE TRUSTEE 1.00 X 0 0 0 RICHARD C KEELEY TRUSTEE 1.00 X 0 0 0 KATHERINE MARTIEN-SULLIVAN MD TRUSTEE 1.00 X 0 0 0 MAKEEBA MCCREARY TRUSTEE 1.00 X 0 0 0 CHARLES S MORRISON II TRUSTEE 1.00 X 0 0 0 STUART A RANDLE TRUSTEE 1.00 X 0 0 0 JOAN I THORNDIKE TRUSTEE 1.00 X 0 0 0 BRIDGET IRISH COO/ PRES. EXEC. DIR. BEG 9/2021 45.00 X 215322 0 12957 MICHAEL PEMBROKE CFO 45.00 X 176134 0 36328 KRISTA MACARI CAO 45.00 X 166318 0 24819 ELIZABETH PETERS DIRECTOR OF ANNUAL GIVING 45.00 X 138080 0 16536 VIRGINA BIRMINGHAM PHYISICAL THERAPIST 45.00 X 119259 0 22339 LEAH THIBODEAU SPECIAL EDUCATION COORDINA 45.00 X 119176 0 27506 1254154 0 187056 8 0 1 0 ERLAND CONSTRUCTION INC 71 THIRD AVENUE BURLINGTON MA 01803 CONSTRUCTION CONTRACTOR 3472350 ARCHITECTURAL RESOURCES CAMBRIDGE 501 BOYLSTON STREET 4101 BOSTON MA 02116 DESIGN CONSULTANT 310861 ACTIVITAS INC 93 RICHARDS STREET SUITE 3 DEDHAM MA 02026 LANDSCAPE ARCHITECT 168820 LEONARD MULHERIN & GREENE PC 625 GROVE STREET BRAINTREE MA 02184 AUDIT/CONSULTING 132090 4 244738 2155997 2400735 TUITION 611710 11398052 11398052 11398052 1307806 1307806 38507170 36609242 1897928 1897928 1897928 OTHER INCOME 611710 297658 297658 297658 17302179 11695710 0 3205734 710867 667810 43057 8402713 7224829 895835 282049 559874 491962 56177 11735 1378047 1223214 139202 15631 778834 647551 101267 30016 11138 11138 50975 50975 270949 180512 17681 72756 983908 872480 89818 21610 45626 42809 1891 926 471383 429968 34101 7314 39168 39168 MISC. PROG./ADMIN EXP. 317224 33310 278320 5594 PROGRAM SUPPORT 146083 75353 70730 PROG. SUPPLIES AND MAT. 63508 63508 MEALS 42125 40854 977 294 14272422 11326350 2384360 561712 X 3262835 1935593 34063 77217 1040551 1048001 943800 626023 43570 58600 31753117 14503417 7297474 17249700 88153802 103144027 5748726 10193312 3352712 13614560 109877533 147947033 1521409 2184630 61972 9940774 4555728 4491750 6077137 16679126 X 79239346 101808925 24561050 29458982 103800396 131267907 109877533 147947033 X 3029757 24270427 83552 83775 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 15 4.00 1 0 2.00 88614332 26726029 -4500000 110840361 94176343 -1662011 -3900000 88614332 94439740 4000 4835209 -5102606 94176343 89832975 7256765 -2650000 94439740 81360129 25537 10497309 -2050000 89832975 0.87710 0.06160 0.06130 0 0 1614791 1614791 28405062 13314260 15090802 1733264 1189157 544107 17249700 PARTNERSHIPS AND JOINT VENTURES 10193312 F 10193312 ACCRUED INVESTMENT INCOME 15817 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 2868149 BENEFICIAL INTEREST IN REMAINDER TRUST 1282632 OTHER ASSET 900000 CONSTRUCTION ESCROW 8547962 13614560 LONG-TERM ACCRUED POST RETIREMENT BENEFITS 4135332 LONG-TERM ACCRUED DEFERRED COMPENSATION 356418 4491750 41739933 24270427 83552 83775 24437754 17302179 0 17302179 14272422 0 14272422 0 14272422 PART II, LINE 9: THERE ARE NO APPLICABLE AMOUNTS IN CONNECTION WITH THE ORGANIZATION'S EASEMENTS THAT ARE REQUIRED TO BE REPORTED IN ITS FINANCIAL STATEMENTS. PART V, LINE 4: TO FURTHER ENHANCE THE EDUCATIONAL MISSION OF THE ORGANIZATION AND PROVIDE FOR LONG TERM STABILITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: NON-OPERATING POSTRETIREMENT BENEFIT PLAN GAIN 83,775. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THROUGH ADVERTISEMENT IN LOCAL NEWSPAPER. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION CONTRACTS WITH LOCAL EDUCATIONAL AUTHORITIES BOTH WITHIN AND OUTSIDE MASSACHUSETTS TO PROVIDE EDUCATIONAL TRAINING TO STUDENTS WITH SPECIAL NEEDS. SEE FORM 990, PART III FOR DESCRIPTION OF SERVICES. DURING THE YEAR ENDED JUNE 30, 2021, THE ORGANIZATION RECEIVED A GRANT TOTALING $244,738 FROM THE MASSACHUSETTS DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION TO REIMBURSE FOR VARIOUS COSTS INCURRED AS A RESULT OF COVID-19. THESE FUNDS WERE RECEIVED IN AUGUST 2021. X X X X 0 0 0 0 0 0 0 0 0 DAVID W MANZO PRES./EXEC. DIR. THRU 6/2021 319865 0 0 0 0 0 30761 0 15810 0 366436 0 0 0 BRIDGET IRISH COO/ PRES. EXEC. DIR. BEG 9/2021 215322 0 0 0 0 0 11595 0 1362 0 228279 0 0 0 MICHAEL PEMBROKE CFO 176134 0 0 0 0 0 21006 0 15322 0 212462 0 0 0 KRISTA MACARI CAO 166318 0 0 0 0 0 17650 0 7169 0 191137 0 0 0 ELIZABETH PETERS DIRECTOR OF ANNUAL GIVING 138080 0 0 0 0 0 8325 0 8211 0 154616 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOAN THORNDIKE AND ALEXANDER THORNDIKE HAVE A FAMILY RELATIONSHIP AND ARE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT/EXECUTIVE DIRECTOR, CHIEF FINANCIAL OFFICER AND BOARD OF TRUSTEES REVIEW A DRAFT OF THE FORM 990, WHICH IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. ANY RESULTANT COMMENTS AND CHANGES ARE INCORPORATED INTO THE FORM BY THE INDEPENDENT ACCOUNTANTS. A FINAL VERSION OF THE FORM 990 IS THEN PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND TRUSTEES OF THE ORGANIZATION ARE REQUIRED TO FILE A STATEMENT ON AN ANNUAL BASIS DISCLOSING ANY POTENTIAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THESE STATEMENTS ARE COMPLETED EACH FISCAL YEAR AND ARE EVALUATED BY THE OFFICERS OF THE ORGANIZATION. INDIVIDUALS WITH POTENTIAL CONFLICTS OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN ANY DELIBERATIONS OR DECISIONS THAT MAY BE AFFECTED BY A POTENTIAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN OF THE BOARD OF TRUSTEES USES A COMPETENT SALARY SURVEY, SUCH AS GUIDESTAR, TO COMPARE COMPENSATION FOR THE PRESIDENT OF THE ORGANIZATION WITH SIMILAR POSITIONS OF OTHER NON-PROFIT SCHOOLS SERVING CHILDREN WITH SPECIAL NEEDS, OR OTHER LEADING NON-PROFIT ORGANIZATIONS. THE CHAIRMAN MAY ALSO SOLICIT INPUT FROM OTHER TRUSTEES, OR CONVENE A COMPENSATION COMMITTEE REGARDING THE PRESIDENT'S PERFORMANCE AND COMPENSATION. THE CHAIRMAN WILL THEN PRESENT HIS/HER FINDINGS AND RECOMMENDATIONS IN AN EXECUTIVE SESSION, WITHOUT THE PRESIDENT PRESENT, TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE FULL BOARD WILL DOCUMENT ITS DELIBERATION, DECISION AND PROCESS USED IN CONNECTION WITH ITS APPROVAL OF THE PRESIDENT'S COMPENSATION. IT IS THE RESPONSIBILITY OF THE PRESIDENT TO PROPOSE COMPENSATION OF SENIOR MANAGEMENT EMPLOYEES IN ACCORDANCE WITH THE BUDGET APPROVED BY THE BOARD OF TRUSTEES. ANNUALLY, THE PRESIDENT, IN EXECUTIVE SESSION OF THE FULL BOARD, WILL PROPOSE HIS ADJUSTMENTS TO THE COMPENSATION OF SENIOR MANAGEMENT, ALONG WITH A PRESENTATION OF A COMPETENT SALARY SURVEY, SUCH AS GUIDESTAR, TO DEVELOP BENCHMARK COMPENSATION FOR SENIOR MANAGEMENT. COMPENSATION FOR SENIOR MANAGEMENT WILL BE COMPARED WITH SIMILAR POSITIONS OF OTHER NON-PROFIT SCHOOLS SERVING CHILDREN WITH SPECIAL NEEDS, OR OTHER LEADING NON-PROFIT ORGANIZATIONS. UTILIZING THIS INFORMATION, THE BOARD OF TRUSTEES WILL APPROVE THE COMPENSATION OF SENIOR MANAGEMENT AND DOCUMENT ITS DELIBERATION, DECISION AND PROCESS USED IN CONNECTION WITH ITS APPROVAL OF SENIOR MANAGEMENT'S COMPENSATION. ALL MEMBERS OF THE BOARD OF TRUSTEES SIGNED THE ORGANIZATION'S CONFLICT OF INTEREST STATEMENT. NO MEMBERS HAD A CONFLICT WITH THE VOTE ON THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC VIA THE WEBSITES OF CERTAIN STATE REGULATORY AGENCIES AS WELL AS UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NON-OPERATING POSTRETIREMENT BENEFIT PLAN GAIN 83,775.