2018-05-15T14:50:51-05:00 2017-06-30 043037870 BOLLUS LYNCH LLP 89 SHREWSBURY STREET WORCESTER MA 01604 990 2016-07-01 911969322 SEVEN HILLS FOUNDATION INC & AFFILIATES SEVE 5087552340 81 HOPE AVENUE WORCESTER MA 01603 MICHAEL MATTHEWS EXECUTIVE VP/COO 5089832900 2018-05-10 1 BARBARA E KING P00005629 5087557107 2018-05-10 2016 2022-09-23 18:48:47Z MICHAEL MATTHEWS 81 HOPE AVENUE WORCESTER MA 01603 213345273 1 1 3444 X WWW.SEVENHILLS.ORG X 1953 MA THE MISSION OF THE SEVEN HILLS FOUNDATION IS TO PROMOTE AND ENCOURAGE THE EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES SO THAT EACH MAY PURSUE THEIR HIGHEST POSSIBLE DEGREE OF PERSONAL WELL-BEING AND INDEPENDENCE. 18 18 4668 500 0 0 1442441 1931536 186190587 196108022 185983 1207976 6052498 2299485 193871509 201547019 116873 156910 0 0 115924437 118977017 0 0 98767 72336035 80153346 188377345 199287273 5494164 2259746 191359034 195966198 125316620 125244703 66042414 70721495 X THE MISSION OF THE SEVEN HILLS FOUNDATION IS TO PROMOTE AND ENCOURAGE THE EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES SO THAT EACH MAY PURSUE THEIR HIGHEST POSSIBLE DEGREE OF PERSONAL WELL-BEING AND INDEPENDENCE. 0 0 64321598 73061791 SEVEN HILLS COMMUNITY SERVICES: TO PREPARE AND INSTRUCT INDIVIDUALS WITH DISABILITIES TO LIVE IN A VARIETY OF RESIDENTIAL ARRANGEMENTS. SHCS ALSO INCLUDES MEDICALLY AND BEHAVIORALLY INTENSIVE RESIDENTIAL OPTIONS AND INDIVIDUAL SUPPORTS. 31545365 31603892 CHILDRENS AID AND FAMILY SERVICES: TO PROVIDE DAY CARE, INFORMATION & REFERRAL, AND COUNSELING SERVICES TO CHILDREN AND THEIR FAMILIES. 23922512 23302371 SEVEN HILLS RHODE ISLAND: TO PROVIDE ADULT SERVICES, RESIDENTAL SERVICES, INDEPENDENT LIVING, AND CHILD AND FAMILY SERVICE PROGRAMS TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES 65870298 156910 70540172 OTHER PROGRAM SERVICES INCLUDE: FAMILY SUPPORT, VOCATIONAL TRAINING, COMMUNITY ORIENTATION, DAY HAB, SPECIALIZED HOME CARE, PEDIATRIC NURSING HOME SERVICES, SCHOOL SERVICES, AND BEHAVIORAL HEALTH SERVICES. 65870298 156910 70540172 185659773 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 196 28 1 4668 1 0 0 0 0 0 1 1 0 0 X 18 18 1 0 0 0 0 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MA RI NJ X JOSEPH TOSCHES EXECUTIVE VPCOO 5089832901 81 HOPE AVENUE WORCESTER MA 01603 TAMMY MURRAY DIRECTOR 2.00 X 0 0 0 ARLENE LIAN TRUSTEE 2.00 X 0 0 0 CHRISTOPHER MURPHY TRUSTEE 2.00 X 0 0 0 ELLEN AMADIO-AUBUCHON TRUSTEE 2.00 X 0 0 0 STEPHEN BLACK TRUSTEE 2.00 X 0 0 0 DIANE BRAZELTON TRUSTEE 2.00 X 0 0 0 JAMES BUSS TRUSTEE 2.00 X 0 0 0 MICHELLE MURPHY TRUSTEE 2.00 X 0 0 0 MAUREEN R GRAY TRUSTEE 2.00 X 0 0 0 DAVID GREENWOOD TRUSTEE 2.00 X 0 0 0 DEBRA HOKKANEN TRUSTEE 2.00 X 0 0 0 ELLEN HONEYMAN TRUSTEE 2.00 X 0 0 0 PAUL G KALMANSSON ESQ TRUSTEE 2.00 X 0 0 0 MARION MAHAR TRUSTEE 2.00 X 0 0 0 DAVID MASIELLO TRUSTEE 2.00 X 0 0 0 RUTHANN MELANCON TRUSTEE 2.00 X 0 0 0 JONI MILLUZZO TRUSTEE 2.00 X 0 0 0 HONORABLE RICHARD T MOORE TRUSTEE 2.00 X 0 0 0 KAREN MUGGERIDGE TRUSTEE 2.00 X 0 0 0 STEVE NELSON TRUSTEE 2.00 X 0 0 0 JOSEPH NUNES TRUSTEE 2.00 X 0 0 0 DR BENJAMIN NWOSU TRUSTEE 2.00 X 0 0 0 LT GOV KARYN POLITO TRUSTEE 2.00 X 0 0 0 PAULA ROSENBLUM TRUSTEE 2.00 X 0 0 0 DEBORAH PENTA TRUSTEE 2.00 X 0 0 0 PATRICIA RUGG TRUSTEE 2.00 X 0 0 0 DR PETER RUGG TRUSTEE 2.00 X 0 0 0 DOUGLAS RUSSELL JR TRUSTEE 2.00 X 0 0 0 R JOSEPH SALOIS TRUSTEE 2.00 X 0 0 0 DR JENNIFER SCHOTT TRUSTEE 2.00 X 0 0 0 KAREN SHORTSLEEVE TRUSTEE 2.00 X 0 0 0 DAVID E SIMON TRUSTEE 2.00 X 0 0 0 PETER STANTON DIRECTOR 2.00 X 0 0 0 BERNIE STEPHENS TRUSTEE 2.00 X 0 0 0 JO-ANN WHELAN TRUSTEE 2.00 X 0 0 0 OWEN L WILLIAMS TRUSTEE 2.00 X 0 0 0 MORGAN DYKSTAR TRUSTEE 2.00 X 0 0 0 ARLENE BETTERIDGE TRUSTEE 2.00 X 0 0 0 JOHNATHAN CAREY TRUSTEE 2.00 X 0 0 0 CHRIS CIOCIOLO TRUSTEE 2.00 X 0 0 0 THOMAS CULLINANE TRUSTEE 2.00 X 0 0 0 BRIAN C DONOVAN TRUSTEE 2.00 X 0 0 0 KATE ROY SULLIVAN PHD TRUSTEE 2.00 X 0 0 0 REPRESENTATIVE HANNAH KANE TRUSTEE 2.00 X 0 0 0 DR CAMILLE ROBERTS TRUSTEE 2.00 X 0 0 0 JOHN LAJOIE TRUSTEE 2.00 X 0 0 0 MINDY MCKENZIE-HEBERT TRUSTEE 2.00 X 0 0 0 BRIAN NEWTON TRUSTEE 2.00 X 0 0 0 MARK O'CONNELL TRUSTEE 2.00 X 0 0 0 DALE DUCASSE TRUSTEE 2.00 X 0 0 0 WAYNE GRIFFIN TRUSTEE 2.00 X 0 0 0 ALLEN KRAUSE TRUSTEE 2.00 X 0 0 0 HONORABLE MATTHEW BEATON TRUSTEE 2.00 X 0 0 0 JOHN N ALTOMARE ESQ CHAIR 2.00 X X 0 0 0 JEANNE ANTONUCCI DIRECTOR 2.00 X 0 0 0 CHARLES AUSTIN DIRECTOR 2.00 X 0 0 0 MAUREEN F BINIENDA DIRECTOR 2.00 X 0 0 0 BRIAN R FORTS ESQ VICE CHAIR 2.00 X X 0 0 0 MELVIN P GORDON SECRETARY/CLERK 2.00 X X 0 0 0 ROBERT L MAHAR TREASURER 2.00 X X 0 0 0 DEBORAH J NEEDLEMAN DIRECTOR 2.00 X 0 0 0 DAVID PAYDARFAR MD DIRECTOR 2.00 X 0 0 0 FRANCIS POLITO DIRECTOR 2.00 X 0 0 0 JOHN M PROSSER DIRECTOR 2.00 X 0 0 0 MARIANNE E ROGERS DIRECTOR 2.00 X 0 0 0 CLAIRE M SWAN MEMBER AT LARGE 2.00 X 0 0 0 PETER ALDEN TRUSTEE 2.00 X 0 0 0 W ROBERT BENTLEY TRUSTEE 2.00 X 0 0 0 PAUL H GALLAGHER TRUSTEE 2.00 X 0 0 0 SCOTT A GIBBS TRUSTEE 2.00 X 0 0 0 MEGAN MCDONOUGH TRUSTEE 2.00 X 0 0 0 FREDERIC H MULLIGAN TRUSTEE 2.00 X 0 0 0 WILLIAM G O'BRIEN III TRUSTEE 2.00 X 0 0 0 ROBERT E PAULSEN JR TRUSTEE 2.00 X 0 0 0 MATTHEW J PELOQUIN ESQ TRUSTEE 2.00 X 0 0 0 TODD S SOLAR TRUSTEE 2.00 X 0 0 0 STEPHEN F WALSH TRUSTEE 2.00 X 0 0 0 KENNETH S ANSIN TRUSTEE 2.00 X 0 0 0 DR CHARLES P CONROY DIRECTOR 2.00 X 0 0 0 DOROTHY HARGROVE TRUSTEE 2.00 X 0 0 0 DAVID J STRACHMAN ESQ TRUSTEE 2.00 X 0 0 0 DARLENE A MOORE TRUSTEE 2.00 X 0 0 0 DR DAVID JORDAN DHA PRESIDENT 40.00 X 334048 0 303949 DR JOSEPH TOSCHES DBA EXECUTIVE VP/COO 40.00 X 348700 0 149788 DR KATHLEEN JORDAN DHA EXECUTIVE VP/CEO 40.00 X 210462 0 135910 MICHAEL MATTHEWS SENIOR VP/CFO 40.00 X 139243 0 64160 RICHARD NECKES SENIOR VP/CPO 40.00 X 173178 0 21947 ROBERT MILLER MEDICAL DIRECTOR 40.00 X 130800 0 0 DON MARTEL VP HOME BASED COUNSELING 40.00 X 142426 0 16034 WILLIAM STOCK VP GOV. AND COMM. RELATION 40.00 X 130589 0 17704 JONATHAN A WORCESTER VP OF NEUROCARE 40.00 X 131765 0 14587 JOSEPH N RICCIARDI CHEIF CLINICAL OFFICER 40.00 X 129274 0 12130 MARILYN LOPEZ HADDAD VP OF HR 40.00 X 127316 0 14963 1997801 0 751172 11 0 1 0 ARBOR ASSOCIATES 1270 TURNPIKE STREET NORTHANDOVER MA 01845 STAFFING AGENCY 664065 RAMSAY BARRETT 167 TURNPIKE SHREWSBURY MA 01545 BUILDING CONTRACTOR 647730 RP MASIELLO PO BOX 742 BOYLSTON MA 01505 BUILDING CONTRACTOR 586818 NETSMART TECHNOLOGIES PO BOX 823519 PHILADELPHIA PA 19182 TECHNOLOGY/IT 472644 MARTINS MAINTENANCE INC PO BOX 14607 EAST PROVIDENCE RI 02914 MAINTENANCE CONTRACTOR 436711 30 26489 1905047 98133 1931536 FEES/CONTRACT GOV AGENCIES 623990 159131939 159131939 MEDICARE/MEDICAID 623990 28075155 28075155 RENT, VENDING, SERVICE FEES 623990 5529689 5529689 PRIVATE CONTRACT FEES 623990 1290710 1290710 PRIVATE CONTRACT FEES 623990 1182005 1182005 898524 898524 196108022 847911 847911 10369062 415987 10108568 316416 260494 99571 360065 99571 260494 21139 26489 22287 -1148 -1148 1671454 1350983 320471 320471 OTHER REVENUE 623990 1980162 1980162 1980162 201547019 198508226 0 1107257 156910 156910 1997801 1997801 95373258 90249484 5123774 14044127 12434223 1609904 7561831 7182952 378879 270845 51517 219328 77750 77750 40366 40366 463712 5798 457914 5954543 5677423 277120 8898680 8214397 684283 4078342 3884882 193460 684331 88169 596162 3927812 3409399 518413 4703200 4173092 530108 1089261 968511 120750 CHILD CARE VOUCHER PAYM 29789600 29789600 SPECIALIZED HOME CARE 10677421 10677421 MISCELLANEOUS 6472824 4267988 2204836 CLINICAL CONSULTANTS 2925892 2389840 536052 98767 98767 199287273 185659773 13528733 98767 14068382 9300358 55000 20000 26745263 24410080 541260 669921 167012752 46229241 113928186 120783511 24129524 31087616 1854064 1877491 10037355 7817221 191359034 195966198 14438239 15292980 103533 88820740 83118895 16034562 20240946 6023079 6488349 125316620 125244703 X 62103038 66615970 3367400 3533549 571976 571976 66042414 70721495 191359034 195966198 X 2259746 2216988 202347 X 0 1 X 1 1 1 X 1304975 2147034 2373598 1442441 1952676 9220724 148901187 169037643 183973855 191551163 198187755 891651603 29292 29292 29292 29292 29292 146460 150235454 171213969 186376745 193022896 200169723 901018787 0 0 0 901018787 591997 679676 761966 718010 847911 3599560 591997 679676 761966 718010 847911 3599560 301321 270736 314266 387907 320471 1594701 151128772 172164381 187452977 194128813 201338105 906213048 0.99430 0.99110 0.00400 0.00370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19878664 6613942 260053 26232553 20176216 331432 628984 19878664 20172549 305502 301835 20176216 18642589 1529960 20172549 12118106 6524483 18642589 0.84370 0.02180 0.13450 0 0 15474774 15474774 131199150 34649769 96549381 15204599 11579472 3625127 5134229 5134229 120783511 DEFERRED COMPENSATION LIABILITY 6488349 6488349 X 205320417 2216988 29292 1567484 3813764 201506653 40366 40366 201547019 200641336 29292 1365137 1394429 199246907 40366 40366 199287273 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. THE BOARD OF DIRECTORS HAS INTERPRETED STATE LAW AS ALLOWING THE UTILIZATION OF APPRECIATION ON PERMANENTLY RESTRICTED ASSETS UNLESS EXPLICIT DONOR STIPULATIONS SPECIFY HOW NET APPRECIATION MUST BE USED. AS A RESULT OF THIS INTERPRETATION, THE FOUNDATION CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FOUNDATION IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY STATE LAW. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS BOARD-DESIGNATED ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE FOUNDATION'S INVESTMENT COMMITTEE SHALL SEEK TO INVEST THE ENDOWMENT FUNDS IN SUCH A MANNER THAT THE INVESTMENTS WILL PROVIDE A SPENDABLE RETURN CONSISTENT WITH A LONG-TERM GOAL OF PRESERVING THE FUNDS IN REAL TERMS. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE FOUNDATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE FOUNDATION HAS INVESTED IN DEBT AND EQUITY SECURITIES THAT TARGET A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. PART X, LINE 2: THE FOUNDAITON QUALIFIES AS A TAX-EXEMPT, NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS FOR UNCERTAIN TAX POSITIONS ALONG WITH ANY RELATED INTEREST AND PENALTIES AND BELIEVES THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL ADVERSE EFFECT, INDIVIDUALLY OR IN THE AGGREGATE UPON THE FOUNDATION'S STATEMENTS OF FINANCIAL POSITION, OR THE RELATED STATEMENTS OF ACTIVITIES, OR CASH FLOW. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE FOUNDAITON IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 1,350,983. UNREALIZED GAIN ON HEDGING INSTRUMENT 202,347. SPECIAL EVENT EXPENSE 14,154. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 1,350,983. SPECIAL EVENT EXPENSE 14,154. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 AS REQUIRED BY THE COMMONWEALTH OF MASSACHUSETTS PART 1, LINE 6 VARIOUS GRANTS AND EXPENSE REIMBURSEMENTS ARE RECEIVED FROM VARIOUS FEDERAL, STATE AND LOCAL GOVERNMENTAL AGENCIES UNDER VARIOUS PROGRAMS 1 BO, SIERRA LEONE GRANTS CLINICAL SERVICES 100848 ACCRA, GHANA GRANTS CLINICAL SERVICES 22030 LOMA LINDA, GUATEMALA GRANTS CLINICAL SERVICES 13000 KHULA, BANGLADESH GRANTS CLINICAL SERVICES 8900 KENYA, AFRICA GRANTS CLINICAL SERVICES 2800 XEYLA, GUATEMALA GRANTS CLINICAL SERVICES 432 LA GONAVE, HAITI GRANTS CLINICAL SERVICES 4500 NIMBA COUNTY, LIBERIA GRANTSGRANTS CLINICAL SERVICES 4000 CLINICAL SERVICES 0 0 0 0 0 0 156510 0 156510 BO,SIERRA LEONE CLINICAL 100848 WIRE TRANSFER BOOK ACCRA, GHANA CLINICAL 22030 WIRE TRANSFER BOOK LOMA LINDA, GUATEMALA CLINICAL 13000 WIRE TRANSFER BOOK KHULA, BANGLADESH CLINICAL 8900 WIRE TRANSFER BOOK NAIROBI, KENYA, AFRICA CLINICAL 2800 WIRE TRANSFER BOOK XEYLA, GUATEMALA CLINICAL 432 WIRE TRANSFER BOOK LA GONAVE, HAITI CLINICAL 4500 WIRE TRANSFER BOOK NIMBA COUNTY, LIBERIA CLINICAL 4000 WIRE TRANSFER BOOK 0 0 0 0 0 0 PART I, LINE 2: THERE IS A COMPREHENSIVE MONITORING AND EVALUATION SYSTEM FOR OUTCOME BASED DEVELOPMENT MONITORING AS WELL AS PROGRESS REPORTS AND ANNUAL BUDGET REVIEWS. NEW BEGINNINGS GOLF TOURNAMENT 47628 26489 21139 8133 14154 47628 26489 21139 8133 14154 22287 -1148 1573671 1064398 262105 1 1.00000 97783 24480 1 1.00000 1671454 1064398 286585 1350983 320471 MA 1 0 0 0 1.00000 JOSEPH TOSCHES SEVEN HILLS FOUNDATION 81 HOPE AVEN WORCESTER MA 01603 0 JOSEPH TOSCHES 0 MANAGER OF EVENTS X 1 412000 X X X X 0 1 0 0 0 0 0 0 0 DR DAVID JORDAN DHA PRESIDENT 325558 0 0 0 8490 0 286996 0 16953 0 637997 0 0 0 DR JOSEPH TOSCHES DBA EXECUTIVE VP/COO 341277 0 0 0 7423 0 132835 0 16953 0 498488 0 0 0 DR KATHLEEN JORDAN DHA EXECUTIVE VP/CEO 209587 0 0 0 875 0 135910 0 0 0 346372 0 0 0 MICHAEL MATTHEWS SENIOR VP/CFO 139243 0 0 0 0 0 64160 0 0 0 203403 0 0 0 RICHARD NECKES SENIOR VP/CPO 173178 0 0 0 0 0 7308 0 14639 0 195125 0 0 0 DON MARTEL VP HOME BASED COUNSELING 141941 0 0 0 485 0 8441 0 7593 0 158460 0 0 0 PART I, LINE 4B DAVID A. JORDAN, DHA - DEFINED BENEFIT PLAN & DEFERRED COMPENSATION $286,996 JOSEPH L. TOSCHES - DEFINED BENEFIT PLAN $132,835 DR KATHLEEN JORDAN, DHA - DEFINED BENEFIT PLAN $135,910 RICHARD NECKES - DEFERRED COMPENSATION - $7,308 MICHAEL MATTHEWS - DEFINED BENEFIT PLAN $64,160 DON MARTEL - DEFERRED COMPENSATION $8,441 WILLIAM STOCK - DEFERRED COMPENSATION $17,704 MARILYN LOPEZ HADDAD - DEFERRED COMPENSATION - $14,963 THE EMPLOYER CONTRIBUTES THESE DEFERRED COMPENSATION PAYMENTS TO A NON QUALIFIED INELIGIBLE 457(F) PLAN. THESE AMOUNTS CONTRIBUTED INTO THE 457(F) PLAN ARE NOT VESTED AND ARE SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE IN THE EVENT THAT EMPLOYEES DO NOT FULFIL THEIR OBLIGATIONS OF THEIR EMPLOYMENT WITH THE ORGANIZATION. A MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-09-01 12000000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 2008-09-01 5500000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 043431814 2011-12-29 8051000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 D RI HEALTH & EDUCATIONAL BUILDING CORP 000052919 2012-06-01 3555000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 A 12000000 284980 11715020 2010 0 0 1 1 B 5500000 194288 5305712 2010 0 0 1 1 C 8051000 161096 7075135 2013 0 0 1 1 D 3555000 71100 3197063 2013 0 0 1 1 A 0 0 0 0 0 1 0.15840 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 1 1 1 1 1 TD BANK 5.000000000000 0 0 0 0 1 B 0 1 1 1 1 1 TD BANK 10.000000000000 0 0 0 0 1 C 0 1 1 1 1 1 TD BANK 4.000000000000 0 0 0 0 1 D 0 1 1 1 1 0 0 0 1 A 1 B 1 C 1 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/03/2014 ISSUER NAME: MASS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/03/2014 ISSUER NAME: MASS HEFA REVENUE BONDS DATE THE REBATE COMPUTATION WAS PERFORMED: 11/19/2014 A RI HEALTH & EDUCATIONAL BUILDING CORP 000052919 2013-06-30 1655000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 B MASS HEFA REVENUE BONDS 042456011 2004-11-19 11653000 CONSOLIDATE LOANS 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY 043431814 57583U6N3 2015-04-09 55835000 FINANCE/REFINANCE CAPITAL PROJECTS 0 0 0 A 1655000 23414 1606835 2014 0 0 1 1 B 11653000 159840 11493160 2004 0 0 1 1 C 55835000 3424357 447673 59260474 2015 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 1 0.11380 0 1 A 0 1 1 1 1 0 0 0 1 B 0 1 1 1 1 1 TD BANK 10.000000000000 0 0 0 0 1 C 0 1 1 1 0 0 0 0 1 A 0 B 1 C 1 LOUISE PERRY CO-OWNER OF GROUP 7 DE SIBLING-SISTER OF JOSEPH TOSCHES 278145 ARCHITECTURAL SERVICES 0 LOUISE PERRY CO-OWNER OF GROUP 7 DE SIBLING-SISTER OF JOSEPH TOSCHES 19000 MANAGEMENT FEE EXPENSE 0 LOUISE PERRY CO-OWNER OF GROUP 7 DE SIBLING-SISTER OF JOSEPH TOSCHES 24000 RENTAL INCOME 0 LOUISE PERRY CO-OWNER OF GROUP 7 DE SIBLING-SISTER OF JOSEPH TOSCHES 165680 AAA DISTRIBUTION AND DIVIDENDS 0 X 1 90000 FMV - CONDOMINIUM X RAFFLE ITEMS DONATED 80 8133 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 PRESIDENT DAVID JORDAN IS MARRIED TO KATHLEEN JORDAN EXECUTIVE VP/CEO. FORM 990, PART VI, SECTION A, LINE 7A A NOMINATING COMMITTEE MEETS TO REVIEW PROSPECTIVE CANDIDATES FOR SEVEN HILLS FOUNDATION DIRECTOR OR TRUSTEE POSITIONS. THE LIST OF NOMINATED CANDIDATES IS THEN PRESENTED TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. ELECTED DIRECTORS AND TRUSTEES SERVE FOR A 3-YEAR TERM. BOARD OFFICERS SERVE A 1-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MAJOR DECISIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS, PRESIDENT,EXEC VP/CEO, SR. VP/CFO, AND EXEC VP/COO WILL REVIEW IT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ANNUALLY IN ORDER TO ENSURE THAT THE ORGANIZATION'S BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES ARE REGULARLY AND CONSISTENTLY MONITORING AND ENFORCING IT. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE TOP TWO EMPLOYEES IS THROUGH AN INDEPENDENT COMPENSATION REVIEW EVERY TWO YEARS CONDUCTED BY AN OUTSIDE SPECIALIST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON HEDGING INSTRUMENT 202,347. SEVEN HILLS FAMILY SERVICES INC 81 HOPE AVENUE WORCESTER MA 01603 043293665 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS COMMUNITY SERVICES INC 81 HOPE AVENUE WORCESTER MA 01603 043125422 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS ASPIRE 81 HOPE AVENUE WORCESTER MA 01603 042274992 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS DISABILITY RESOURCES & ADVOCACY INC 81 HOPE AVENUE WORCESTER MA 01603 042522064 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 WAARC REALTY INC 81 HOPE AVENUE WORCESTER MA 01603 042862244 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEASIDE EDUCATIONAL ASSOCIATES INC 81 HOPE AVENUE WORCESTER MA 01603 042669835 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS NEUROCARE INC 81 HOPE AVENUE WORCESTER MA 01603 043527672 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS BEHAVIOR HEALTH INC 81 HOPE AVENUE WORCESTER MA 01603 042173052 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS EXTENDED CARE AT GROTON INC DBA SEVEN HILLS PEDIATRIC CENTER 81 HOPE AVENUE WORCESTER MA 01603 200172796 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS RHODE ISLAND INC 81 HOPE AVENUE WORCESTER MA 01603 056013789 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS GLOBAL OUTREACH 81 HOPE AVENUE WORCESTER MA 01603 263273731 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS CLINICAL ASSOCIATES INC 81 HOPE AVENUE WORCESTER MA 01603 020627442 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 INDIVIDUAL & FAMILY SUPPORT CENTERS INC 81 HOPE AVENUE WORCESTER MA 01603 042492493 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 CHILDREN'S AID & FAMILY SERVICE INC 81 HOPE AVENUE WORCESTER MA 01603 042161932 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 STETSON SCHOOLINC 81 HOPE AVENUE WORCESTER MA 01603 042631391 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 STETSON HOME INC 81 HOPE AVENUE WORCESTER MA 01603 042122643 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 ICW 81 HOPE AVENUE WORCESTER MA 01603 042375529 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 VSA MASSACHUSETTS INC 81 HOPE AVENUE WORCESTER MA 01603 042699540 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS NEW JERSEY 81 HOPE AVENUE WORCESTER MA 01603 474001509 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 SEVEN HILLS FAMILY SERVICES INC DBA AS MCCN 81 HOPE AVENUE WORCESTER MA 01603 043293665 EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES MA 501(C)(3) 0 EMPIRICAL ASSET MANAGEMENT LLC ONE HOLLIS STREET WELLESLEY MA 02482 273376835 ASSET MANAGEMENT MA 15540 544062 0 0 0.06960 BIRCH B LLC (DBA HONEYDROP BEVERAGES) 23-23 BORDEN AVE LONG ISLAND CITY NY 11101 260527345 BEVERAGE MARKET DE 447311 0 0 0.05030 WELLESLEY FRONT LLC 36 WASHINGTON STREET SUITE 390 WELLESLEY MA 02481 475074072 REAL PROPERTY MA 24493 479399 0 0 0.25000 GROUP 7 DESIGN INC 83 CEDAR STREET MILFORD MA 01757 261688975 ARCHITECTURAL DESIGN MA N/A S 166016 406719 0.73930 0 SEVEN HILLS HOLDING CORPORATION 81 HOPE AVENUE WORCESTER MA 01603 460928673 REAL ESTATE HOLDING MA C 78100 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 GROUP 7 DESIGN INC Q 19000 GAAP GROUP 7 DESIGN INC A 24000 GAAP GROUP 7 DESIGN INC S 165680 GAAP GROUP 7 DESIGN INC L 246884 GAAP WELLESLEYFRONT LLC S 45000 GAAP