2021-12-22T15:07:17-06:00 2021-08-31 770601437 RESTIVO MONACELLI LLP 36 EXCHANGE TERRACE PROVIDENCE RI 02903 990 2020-09-01 050269232 MEETING STREET MEET 4015339100 1000 EDDY STREET PROVIDENCE RI 02905 JOHN M KELLY PRESIDENT 4015339100 2021-12-17 1 JOHN KELLY XXX-XX-XXXX KEVIN HUNDLEY CPA P01984317 4012737600 2021-12-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOHN M KELLY 1000 EDDY STREET PROVIDENCE RI 02905 21995454 0 X WWW.MEETINGSTREET.ORG X 1946 RI PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES TO CHILDREN WITH AND WITHOUT SPECIAL NEEDS. 23 23 268 218 0 0 6028045 5018746 11542615 11406803 750744 733742 1823403 4659824 20144807 21819115 0 0 0 0 14899865 13106896 0 0 419458 4522659 4519510 19422524 17626406 722283 4192709 63322284 67891156 31371759 28348655 31950525 39542501 X PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES TO CHILDREN WITH AND WITHOUT SPECIAL NEEDS. 0 0 13227389 13531155 EACH YEAR MEETING STREET SERVES OVER 5,000 CHILDREN OF ALL ABILITIES IN A VARIETY OF INCLUSIVE SETTINGS. OUR EARLY CHILDHOOD SERVICES TEAM WORKS WITH CHILDREN FROM PRENATAL TO KINDERGARTEN ACROSS A VARIETY OF PROGRAMS, INCLUDING EARLY HEAD START (PROGRAM SUPPORTS PARENTS' EFFORTS TO FULFILL THEIR PARENTAL ROLES AND MOVE FAMILIES TOWARD SELF-SUFFICIENCY; SERVES CHILDREN BIRTH TO AGE THREE AND THEIR FAMILIES IN PROVIDENCE); EARLY INTERVENTION (SERVICES FOR CHILDREN BIRTH TO AGE THREE WITH DEVELOPMENTAL DELAYS, DISABILITIES, OR WHO ARE AT RISK); EARLY LEARNING CENTER (NATIONALLY ACCREDITED CENTER FOR CHILDREN OF ALL ABILITIES AGE SIX WEEKS THROUGH PRE-KINDERGARTEN); HEALTHY FAMILIES AMERICA (NATIONAL EVIDENCE-BASED MATERNAL AND CHILD HOME VISITING PROGRAM THAT PAIRS EXPECTANT MOTHERS OR FAMILIES WITH NEWBORNS WITH A FAMILY SUPPORTWORKER); STATE PRE-K (STATE FUNDED PROGRAM PROVIDING FREE, HIGH QUALITYPRE-KINDERGARTEN CLASSES; AND WIC (PROGRAM OFFERS NUTRITION ADVICE ANDPROVIDES CHECKS FOR HEALTHY FOOD TO QUALIFYING FAMILIES). OUR SCHOOLAGE SERVICES TEAM SERVES CHILDREN AND ADOLESCENTS FROM KINDERGARTEN TOAGE TWENTY TWO ACROSS TWO PROGRAMS. THE GRACE SCHOOL (K-8) IS OURINCLUSIVE SCHOOL PROVIDING RIGOROUS ACADEMICS AND INDIVIDUALIZEDINSTRUCTION FOR STUDENTS WITH AND WITHOUT DISABILITIES. THE CARTERSCHOOL (HIGH SCHOOL) SUPPORTS EDUCATION, VOCATIONALOPPORTUNITIES, AND RECREATIONAL AND SOCIAL ACTIVITIES FOR STUDENTS WITH DISABILITIES TAILORED TO EACH STUDENT'S SPECIFIC INTERESTS AND ABILITIES. 13227389 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 45 0 1 268 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X JOHN M KELLY 4015339100 1000 EDDY STREET PROVIDENCE RI 02905 MICHAEL MCKELVY CHAIR 1.50 1.00 X X 0 0 0 JENNIFER K COOKKE VICE CHAIR 1.50 1.00 X X 0 0 0 PAUL P MORAN VICE CHAIR 1.50 1.00 X X 0 0 0 BILL WHITE VICE CHAIR 1.50 1.00 X X 0 0 0 JILL ANDY TRUSTEE 1.50 1.00 X 0 0 0 TOM CLARKE TRUSTEE 1.50 1.00 X 0 0 0 ELIZABETH L DUFFY ESQ TRUSTEE 1.50 1.00 X 0 0 0 DR CHARLES GORMLEY TRUSTEE 1.50 1.00 X 0 0 0 HARVEY E LEE JR TRUSTEE 1.50 1.00 X 0 0 0 RICHARD W MACADAMS ESQ TRUSTEE 1.50 1.00 X 0 0 0 KEN MUSKET TRUSTEE 1.50 1.00 X 0 0 0 MICHAEL A ROCCHIO MD TRUSTEE 1.50 1.00 X 0 0 0 JONATHAN H SCHWARTZ MD TRUSTEE 1.50 1.00 X 0 0 0 RAMONA GENAO TRUSTEE 1.50 1.00 X 0 0 0 BETH PINHEIRO TRUSTEE 1.50 1.00 X 0 0 0 JAMES M HAGERTY TREASURER 1.50 1.00 X 0 0 0 RUPERT BURTAN TRUSTEE 1.50 1.00 X 0 0 0 ANTONIO LOPES TRUSTEE 1.50 1.00 X 0 0 0 GUS MANOCCHIA JR MD TRUSTEE 1.50 1.00 X 0 0 0 LT GOV SABINA MATOS TRUSTEE 1.50 1.00 X 0 0 0 ALYCE PAGLIARINI TRUSTEE 1.50 1.00 X 0 0 0 MICHELE ROBERTS TRUSTEE 1.50 1.00 X 0 0 0 DON SWANSON TRUSTEE 1.50 1.00 X 0 0 0 JOHN M KELLY PRESIDENT 29.00 11.00 X 319500 0 46877 DENISE PARENT CHIEF BUSINESS OFFICER 29.00 11.00 X 260000 0 48439 SUSAN KELLER CHIEF OPERATING OFFICER (H 30.00 10.00 X 115385 0 12835 JOSEPH MACEDO DIRECTOR OF HUMAN RESOURCE 30.00 10.00 X 146644 0 45245 NAZIK FERNANDES DIRECTOR OF FINANCE 30.00 10.00 X 136356 0 45976 MARGARET KNOWLTON DIRECTOR OF SCHOOL AGE PRO 30.00 10.00 X 137546 0 39965 CASEY FERRARA DIRECTOR OF EARLY CHILDHOO 40.00 X 135676 0 46127 SUSAN VANDER DOES DIRECTOR OF CURRICULUM 40.00 X 107898 0 37633 JOHN KERSHAW DIRECTOR OF PECIAL EDUCATION 40.00 X 102499 0 39593 1461504 0 362690 9 0 1 0 BLUE CROSS & BLUE SHIELD OF RI PO BOX 1057 PROVIDENCE RI 02901 HEALTH INSURANCE 2177549 NEW ENGLAND CONSTRUCTION 293 BOURNE AVENUE RUMFORD RI 02916 CONSTRUCTION 926044 SECURED NETWORK SERVICES INC 775 INDUSTRIAL PARK ROAD LITTLETON NH 03561 IT 402063 MARTINS MAINTENANCE INC 487 WATERMAN AVE EAST PROVIDENCE RI 02914 MAINTENANCE 227679 LONDON HEALTH ADMINISTRATOR 40 COMMERCIAL WAY EAST PROVIDENCE RI 02914 EMPLOYEE BENEFITS 209131 10 3444378 1574368 5018746 PROGRAM SERVICE FEES 611600 11406803 11406803 11406803 445602 445602 464479 176339 288140 288140 288140 FORGIVENESS OF DEBT 900099 2981074 2981074 MANAGEMENT FEE PAID BY SUBSIDIARY 900099 912000 912000 OTHER INCOME 900099 766750 766750 4659824 21819115 13531155 0 3269214 600040 600040 9017597 7729345 1137808 150444 761543 333362 424888 3293 2026306 1796207 211910 18189 701410 565869 123755 11786 28665 26011 2429 225 64363 52522 11841 979990 554281 407712 17997 431558 330770 54014 46774 1203363 972562 226700 4101 21776 9721 11852 203 73796 64765 9031 769303 150915 616865 1523 448602 400466 44065 4071 96457 86168 9412 877 IN-KIND EXPENSE 158630 158630 MINOR EQUIP, MAINT & RE 153182 136994 14900 1288 MISCELLANEOUS 57071 57071 MEMBERSHIP DUES 32674 17431 15186 57 80 80 17626406 13227389 3979559 419458 7123105 7151094 315425 315868 797061 429907 2061465 1426586 9165166 10702077 132231 149030 12347652 4173341 8545628 8174311 18961150 23323758 8639800 8639800 7581253 7578725 63322284 67891156 1661070 1959654 290847 678643 25145000 24063880 2947800 0 1327042 1646478 31371759 28348655 X 24128223 32533997 7822302 7008504 31950525 39542501 63322284 67891156 4192709 3399267 0 X X 0 1 X 1 1 1 X 7721772 7205060 6813987 6028045 4995116 32763980 7721772 7205060 6813987 6028045 4995116 32763980 2290044 30473936 490526 719336 884413 564287 445602 3104164 240350 427765 528400 666400 766750 2629665 38497809 0.79160 0.76910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2500 2500 2500 500 125 0 2000 0 17815332 3881976 21697308 16615353 2286766 1086787 17815332 16691245 -49906 324014 350000 16615353 15405110 49657 1556478 320000 16691245 15532373 4125 1729972 1861360 15405110 0.97700 0.02300 0 0 4699242 4699242 3189256 1515549 1673707 2648560 847198 1801362 1810594 1810594 0 8174311 INVESTMENT IN MEETING STREET INVESTMENT FUND, LLC 8639800 C 8639800 DEFERRED FEES 311785 BOND PROCEEDS 7266940 7578725 DEFERRED COMPENSATION 1646478 1646478 X PART X, LINE 2: MEETING STREET (THE ORGANIZATION) QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC"). AS A NOT-FOR-PROFIT ENTITY, THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, THE ORGANIZATION APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND A FUND DESIGNATED BY THE BOARD TO FUNCTION AS AN ENDOWMENT. THE BOARD HAS ADOPTED INVESTMENT OBJECTIVES AND SPENDING POLICIES TO ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT PROGRAMS AND MAJOR CAPITAL EXPENDITURES, WHILE ENHANCING THE PURCHASING POWER OF THE PORTFOLIO. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITH PRUDENT RISK CONSTRAINTS. MEETING STREET'S POLICIES ALLOW FOR BOARD APPROVED WITHDRAWALS. MEETING STREET ALSO HAS A POLICY OF ANNUALLY WITHDRAWING, FOR OPERATING PURPOSES, NO MORE THAN 5% OF THE AVERAGE MARKET VALUE OF THE INVESTMENT PORTFOLIO, CALCULATED ANNUALLY ON AUGUST 31 USING AN AVERAGE OF QUARTERLY MARKET VALUES FOR THE PRIOR THREE YEARS. DURING THE YEAR ENDED AUGUST 31, 2020, $0 WERE WITHDRAWN IN ACCORDANCE WITH ALL OF ITS POLICIES. X X X X X 0 0 0 0 0 0 0 0 0 JOHN M KELLY PRESIDENT 225000 0 94500 0 0 0 30072 0 16805 0 366377 0 0 0 DENISE PARENT CHIEF BUSINESS OFFICER 200000 0 60000 0 0 0 8846 0 39593 0 308439 0 0 0 JOSEPH MACEDO DIRECTOR OF HUMAN RESOURCE 138894 0 7750 0 0 0 5652 0 39593 0 191889 0 0 0 NAZIK FERNANDES DIRECTOR OF FINANCE 128606 0 7750 0 0 0 6383 0 39593 0 182332 0 0 0 CASEY FERRARA DIRECTOR OF EARLY CHILDHOO 129926 0 5750 0 0 0 6534 0 39593 0 181803 0 0 0 MARGARET KNOWLTON DIRECTOR OF SCHOOL AGE PRO 129796 0 7750 0 0 0 6627 0 33338 0 177511 0 0 0 PART I, LINE 1A: THE COMPENSATION COMMITTEE OF THE ORGANIZATION'S BOARD OF TRUSTEES, WHICH IS CHARGED WITH THE ANNUAL PERFORMANCE APPRAISAL OF THE PRESIDENT AND WITH ESTABLISHING COMPENSATION FOR SAID OFFICER, HAS HISTORICALLY PROVIDED FOR ANNUAL PAYMENTS FOR SUPPLEMENTAL RETIREMENT PURPOSES WHICH ARE GROSSED-UP TO NET THE PRESIDENT PAYMENTS OF $8,822 AND $9,557. A RI HEALTH AND EDUCATIONAL BUILDING CORPORATION 762243LT8 2005-05-25 17000000 FACILITY CONSTRUCTION 0 0 0 B RI HEALTH AND EDUCATIONAL BUILDING CORPORATION 2017-12-22 15000000 FACILITY CONSTRUCTION 0 0 0 C RI HEALTH AND EDUCATIONAL BUILDING CORPORATION 2018-12-01 5000000 FACILITY CONSTRUCTION 0 0 0 A 17000000 138115 16861885 2006 0 0 1 1 B 15000000 84655 7646636 7268709 2020 0 0 1 1 C 5000000 164718 4835282 2019 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 1 1 0 0 0 0 B 1 1 0 0 0 0 C 1 1 0 0 0 0 A 1 B 1 C 1 MARGARET KNOWLTON SISTER OF JOHN M. KELLY, PRESIDENT 177512 MARGARET KNOWLTON IS THE DIRECTOR OF SCHOOL-AGE PROGRAMS FOR THE ORGANIZATION. HER HIRING WAS APPROVED BY THE BOARD OF TRUSTEES AND SHE REPORTS TO THE CHIEF OPERATING OFFICER OF THE ORGANIZATION. 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE/AUDIT COMMITTEE OF THE BOARD OF TRUSTEES BEFORE FILING. A COPY OF THE 990 IS ALSO PROVIDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND STAFF MEMBER MUST SIGN A CONFLICT OF INTEREST ACKNOWLEDGMENT UPON COMMENCEMENT OF ASSOCIATION OR EMPLOYMENT. TRUSTEES: ANY TRUSTEE WHO MAY BE INVOLVED IN A MEETING STREET BUSINESS TRANSACTION IN WHICH THERE IS A POSSIBLE CONFLICT OF INTEREST SHALL PROMPTLY NOTIFY THE CHAIR OF THE BOARD OF TRUSTEES. THE TRUSTEE WILL REFRAIN FROM VOTING ON SUCH MATTER AND THE TRUSTEE, OR THE CHAIR IN THE TRUSTEE'S ABSENCE, WILL DISCLOSE THE POTENTIAL CONFLICT OF INTEREST TO THE OTHER BOARD MEMBERS BEFORE THE VOTE TAKES PLACE AND SUCH DISCLOSURES SHALL BE RECORDED IN THE BOARD MINUTES. ANY TRANSACTION INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL HAVE TERMS THAT ARE FAIR AND REASONABLE AS THOUGH MEETING STREET WERE DEALING WITH AN UNRELATED PARTY. STAFF: ALL STAFF MEMBERS MUST DISCLOSE ANY CONFLICTS OF INTEREST TO THE DIRECTOR OF HUMAN RESOURCES. ALL REPORTS OF POTENTIAL CONFLICTS WILL BE FORWARDED TO THE PRESIDENT. THE PRESIDENT SHALL TAKE SUCH ACTION AS IS NECESSARY TO ENSURE THE TRANSACTION IS COMPLETED IN THE BEST INTEREST OF MEETING STREET. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES HIRES AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM TO CONDUCT AN ASSESSMENT OF COMPENSATION, DETERMINED BY THE COMPENSATION COMMITTEE. THE FIRM NOT ONLY PERFORMS A COMPREHENSIVE COMPARABILITY STUDY, BUT ALSO EMPLOYS A SERIES OF COMPENSATION REVIEW PRACTICES THAT ARE INCLUDED IN THE EXCESS BENEFIT TRANSACTION RULES OF SECTION 4958 OF THE INTERNAL REVENUE CODE. COMPENSATION REVIEWS ARE NOT ONLY DONE FOR THE PRESIDENT, BUT ALSO DONE FOR KEY MANAGEMENT POSITIONS. THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DATA RECEIVED FOR KEY MANAGERS IS SHARED WITH THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE PRESIDENT IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT POSITIONS AND WILL CONSULT WITH THE COMPENSATION COMMITTEE REGARDING ADDITIONAL MATERIAL COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE PUBLIC CAN OBTAIN A COPY OF THE FORM 990 UPON REQUEST TO THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE PUBLIC CAN OBTAIN DOCUMENTATION UPON REQUEST LINE 2C THE PROCESS OF REVIEW HAS NOT CHANGED FROM THE PRIOR YEAR MSC REALTY INC 1000 EDDY ST PROVIDENCE RI 02905 050518788 TITLE HOLDING COMPANY RI 501(C)(2) MEETING STREET 1 MEETING STREET MASSACHUSETTS INC 1 POSA PLACE NORTH DARTMOUTH MA 02747 042296947 PROVIDER OF SERVICES TO CHILDREN MA 501(C)(3) LINE 2 N/A 0 MSM REALTY INC 1 POSA PLACE NORTH DARTMOUTH MA 02747 300950352 TITLE HOLDING COMPANY MA 501(C)(2) MEETING STREET MASSACHUSETTS INC 0 MS SUPPORT CORPORATION 1000 EDDY ST PROVIDENCE RI 02905 831319868 SUPPORT COMPANY RI 501(C)(3) LINE 12A, I MEETING STREET 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 MS SUPPORT CORPORATION K 99750 RENTAL AGREEMENT MEETING STREET MASSACHUSETTS INC Q 912000 MANAGEMENT FEE MEETING STREET MASSACHSUETTS INC 92703 ADDITIONAL LOAN PROCEEDS