2017-04-10T15:06:11-05:00 2016-08-31 222428965 CITRIN COOPERMAN & COMPANY LLP TEN WEYBOSSET STREET - SUITE 700 PROVIDENCE RI 02903 990 2015-09-01 050269232 MEETING STREET MEET 4015339100 1000 EDDY STREET PROVIDENCE RI 02905 JOHN M KELLY PRESIDENT 4015339100 2017-04-06 1 MARTHA HULTZMAN P00821716 4014214800 2015 2021-01-29 14:40:06Z JOHN M KELLY 1000 EDDY STREET PROVIDENCE RI 02905 19815864 0 X WWW.MEETINGSTREET.ORG X 1946 RI PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES TO CHILDREN WITH AND WITHOUT SPECIAL NEEDS. 35 35 292 97 0 0 2973023 6083636 11622888 11696088 537198 500054 696960 1040711 15830069 19320489 0 0 0 0 11990566 12732844 0 0 637463 3420021 3411953 15410587 16144797 419482 3175692 39756112 43896830 9006340 9258685 30749772 34638145 X PROVIDES COMPREHENSIVE EDUCATIONAL AND THERAPEUTIC SERVICES TO CHILDREN WITH AND WITHOUT SPECIAL NEEDS. 0 0 12378929 12732761 EACH YEAR MEETING STREET SERVES OVER 3,100 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 OR DISABILITIES); 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 SUPPORT WORKER); PROVIDENCE TALKS (LITERACY DEVELOPMENT HOME VISITING PROGRAM FOR CHILDREN IN PROVIDENCE BIRTH TO AGE THREE); STATE PRE-K (STATE FUNDED PROGRAM PROVIDING FREE, HIGH QUALITY PRE-KINDERGARTEN CLASSES; AND WIC (PROGRAM OFFERS NUTRITION ADVICE AND PROVIDES CHECKS FOR HEALTHY FOOD TO QUALIFYING FAMILIES). OUR SCHOOL AGE SERVICES TEAM SERVES CHILDREN AND ADOLESCENTS FROM KINDERGARTEN TO AGE TWENTY TWO ACROSS TWO PROGRAMS. THE GRACE SCHOOL (K-6) IS OUR INCLUSIVE SCHOOL PROVIDING RIGOROUS ACADEMICS AND INDIVIDUALIZED INSTRUCTION FOR STUDENTS WITH AND WITHOUT DISABILITIES. THE CARTER SCHOOL (MIDDLE AND HIGH SCHOOL) SUPPORTS EDUCATION, VOCATIONAL OPPORTUNITIES AND RECREATIONAL AND SOCIAL ACTIVITIES TAILORED TO EACH STUDENT'S SPECIFIC INTERESTS AND ABILITIES. 12378929 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 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 53 0 1 292 1 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 RI X MEETING STREET 4015339100 1000 EDDY STREET PROVIDENCE RI 02905 JOHN R GALVIN CPA CHAIR 2.00 1.50 X X 0 0 0 PAUL P MORAN VICE CHAIR 2.00 1.50 X X 0 0 0 LAURIE B MANDLY SECRETARY 2.00 1.50 X X 0 0 0 JILL ANDY TRUSTEE 2.00 1.00 X 0 0 0 DICK ARGYS TRUSTEE 2.00 1.00 X 0 0 0 ALEXANDRA ARNOLD TRUSTEE 2.00 1.00 X 0 0 0 LUCILLE CAVAN TRUSTEE 2.00 1.00 X 0 0 0 MALCOLM G CHACE JR TRUSTEE 2.00 1.50 X 0 0 0 TOM CLARKE TRUSTEE 2.00 1.50 X 0 0 0 JENNIFER K COOKKE VICE CHAIR 2.00 1.50 X X 0 0 0 ELIZABETH L DUFFY ESQ TRUSTEE 2.00 1.00 X 0 0 0 JEANNE EAGLE TRUSTEE 2.00 1.50 X 0 0 0 DORY FAXON TRUSTEE 2.00 1.00 X 0 0 0 VICTOR FERNANDES TRUSTEE 2.00 1.00 X 0 0 0 LARRY GOLDSTEIN TRUSTEE 2.00 1.00 X 0 0 0 DR CHARLES GORMLEY TRUSTEE 2.00 1.00 X 0 0 0 BARRY G HITTNER TRUSTEE 2.00 1.50 X 0 0 0 JAY HOWELL TRUSTEE 2.00 1.00 X 0 0 0 YALANDA JOHNSON TRUSTEE 2.00 1.00 X 0 0 0 HARVEY E LEE JR TRUSTEE 2.00 1.00 X 0 0 0 RICHARD W MACADAMS ESQ TRUSTEE 2.00 1.50 X 0 0 0 AUGUSTINE A MANOCCHIA JR MD TRUSTEE 2.00 1.00 X 0 0 0 MARK MARCANTANO TRUSTEE 2.00 1.00 X 0 0 0 HON DANIEL J MCKEE TRUSTEE 2.00 1.00 X 0 0 0 MICHAEL MCKELVY VICE CHAIR 2.00 1.50 X X 0 0 0 MICHELE ROBERTS TRUSTEE 2.00 1.00 X 0 0 0 MICHAEL A ROCCHIO MD TRUSTEE 2.00 1.50 X 0 0 0 JONATHAN H SCHWARTZ MD TRUSTEE 2.00 1.00 X 0 0 0 DAVID A SLUTER PE TRUSTEE 2.00 1.00 X 0 0 0 ROBERT E STRUCK TRUSTEE 2.00 1.00 X 0 0 0 MICHAEL TAMBURRO TRUSTEE 2.00 1.00 X 0 0 0 JACK TREANOR TRUSTEE 2.00 1.50 X 0 0 0 WILLIAM WHITE TREASURER 2.00 1.50 X X 0 0 0 KEN MUSKET TRUSTEE 2.00 1.00 X 0 0 0 MARC PAULHUS TRUSTEE 2.00 1.50 X 0 0 0 JOHN M KELLY PRESIDENT 40.00 13.50 X 323978 0 148684 ROBERT MANNY RESIGNED FEB 2015 CHIEF FINANCIAL OFFICER 40.00 4.50 X 17516 0 4485 AMANDA MCMULLEN CHIEF STRATEGY OFFICER 40.00 11.50 X 152776 0 28190 BRUCE BERNIER CBO (10/15-06/16) 40.00 4.50 X 27767 0 3609 522037 0 184968 2 0 1 0 CASE CONSTRUCTION COMPANY 225 WAMPANOAG TRAIL EAST PROVIDENCE RI 02915 CONSTRUCTION - BLDG. IMPROVEMENTS 375501 MURPHY BURNHAM & BUTTRICK ARCHITECTS LL 48 WEST 37TH STREET NEW YORK NY 10018 ARCHITECTS FOR BUILDING EXPANSION PROJEC 256195 SECURED NETWORK SERVICES INC 775 INDUSTRIAL PARK ROAD LITTLETON NH 03561 IT SERVICES 238484 3 2253637 3829999 6083636 PROGRAM SERVICES 611600 11696088 11696088 11696088 499887 499887 137500 0 137500 137500 137500 424276 424109 167 167 167 437691 71266 366425 366425 OTHER INCOME 900099 536786 536786 536786 19320489 12732761 0 504092 805200 805200 8593356 7366690 879332 347334 397919 232832 157302 7785 2276030 1972429 238848 64753 660339 528393 106344 25602 28192 24304 3075 813 67951 58885 7097 1969 27487 27487 591070 305765 270424 14881 2679 2679 610373 442641 104480 63252 515142 319762 184944 10436 204798 181159 20942 2697 105155 52176 46453 6526 135579 135579 647708 554905 72642 20161 80031 69353 8359 2319 EQUIPMENT AND RENTAL MA 306025 248977 27533 29515 BAD DEBTS 50926 14113 36813 MISCELLANEOUS 25945 25945 DUES AND SUBSCRIPTIONS 12892 6545 3740 2607 16144797 12378929 3128405 637463 1388173 3771123 308932 310428 162054 94349 1388874 1858986 152341 226891 27363505 6553430 20717514 20810075 14773276 15532373 864948 1292605 39756112 43896830 1086340 1793685 7920000 7465000 9006340 9258685 X 29485686 30511146 187622 3010885 1076464 1116114 30749772 34638145 39756112 43896830 3175692 712681 0 X X 0 1 X 1 1 1 X 2616702 2588261 2306345 2973023 6083636 16567967 2616702 2588261 2306345 2973023 6083636 16567967 1754842 14813125 365850 426344 465197 614474 499887 2371752 121610 110541 92508 327802 536786 1189247 20128966 63305776 0.73590 0.81430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14773276 0 1183373 424276 15532373 15389061 67227 -296238 386774 14773276 13514358 30785 2195431 351513 15389061 12298404 25944 1193750 3740 13514358 11008068 349245 960355 19264 12298404 0.88380 0.07190 0.04430 0 0 4542333 4542333 19524684 4744413 14780271 1266178 79626 1186552 2030310 1729391 300919 20810075 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 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, 2016, APPROXIMATELY $424,000 WAS WITHDRAWN IN ACCORDANCE WITH ITS POLICY. TELETHON 277357 277357 15887 MS GOLF TOURNAMENT 82948 82948 40711 3 77386 77386 14668 437691 437691 71266 71266 366425 X 0 0 X X X X X 0 0 0 0 0 0 0 0 0 JOHN M KELLY PRESIDENT 323978 0 0 0 0 0 139090 0 9594 0 472662 0 0 0 AMANDA MCMULLEN CHIEF STRATEGY OFFICER 152776 0 0 0 0 0 5334 0 22856 0 180966 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 $7,000 AND $5,000. A RI HEALTH AND EDUCATIONAL BUILDING CORPORATION 762243LT8 2005-05-25 17000000 FACILITY CONSTRUCTION 0 0 0 A 9535000 17000000 138155 16861845 2006 0 0 1 1 A 0 0 0 0 0 0 0 A 1 1 0 0 0 0 A 1 MARGARET KNOWLTON SISTER OF JOHN M. KELLY, PRESIDENT OF THE ORGANIZATION 135369 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 11 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 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND STAFF MEMBER MUST SIGN A CONFLICT OF INTEREST ACKNOWLEDGEMENT 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 ARE TO 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 HIRED AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM TO CONDUCT AN ASSESSMENT OF COMPENSATION. THE FIRM NOT ONLY PERFORMED A COMPREHENSIVE COMPARABILITY STUDY, BUT ALSO EMPLOYED 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 WERE NOT ONLY DONE FOR THE PRESIDENT, BUT WERE ALSO DONE FOR KEY MANAGEMENT POSITION. THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DATA RECEIVED FOR KEY MANAGERS WAS 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. FORM 990, PART XII, LINE 2C: THE PROCESS OF REVIEW HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 16B: THE ORGANIZATION IS A MEMBER OF A LIMITED LIABILITY COMPANY THAT OPERATES A CEDARR CENTER FOR THE PURPOSE OF ASSISTING IN THE ESTABLISHMENT AND IMPLEMENTATION OF A SYSTEM OF CARE FOR CHILDREN WITH SPECIAL NEEDS AND THEIR FAMILIES. ACTIVITIES OF THE LIMITED LIABILITY COMPANY FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. THERE ARE CONTROLS IN PLACE THROUGH THE LIMITED LIABILITY COMPANY'S OPERATING AGREEMENT TO ENSURE THAT ITS ACTIVITIES DO NOT ENDANGER THE EXEMPT STATUS OF THE ORGANIZATION. ON DECEMBER 5, 2016, MEETING STREET ENTERED INTO AN INTEREST REDEMPTION AGREEMENT AND CLOSED ON THE SALE OF ITS INTEREST IN THE INVESTEE ENTITY. MSC REALTY INC 1000 EDDY ST PROVIDENCE RI 02905 050518788 TITLE HOLDING COMPANY RI 501(C)(2) MEETING STREET 1 60 KING STREET INC 1000 EDDY ST PROVIDENCE RI 02905 451055236 TITLE HOLDING COMPANY RI 501(C)(2) 0 MEETING STREET MASSACHUSETTS INC ONE POSA PLACE DARTMOUTH MA 02747 042296947 PROVIDER OF SERVICES TO CHILDREN MA 501(C)(3) 170(B)(1)(A) 0 MSM REALTY INC 1 POSA PLACE NORTH DARTMOUTH MA 02747 300950352 TITLE HOLDING COMPANY MA 501(C)(2) 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MSC REALTY INC D 500610 CASH