SEVEN HILLS FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SEVEN HILLS FOUNDATION INC (EIN 04-3293659)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201521339349302617
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T11:20:13-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043037870 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLLUS LYNCH LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 89 SHREWSBURY STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043293659 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEVEN HILLS FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEVE | BusinessNameControlTxt |
| Phone | 5087552340 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 HOPE AVENUE | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01603 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH L TOSCHES | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT/COO | PersonTitleTxt |
| Phone | 5087552340 | PhoneNum |
| Signature | 2015-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BARBARA E KING | PreparerPersonNm |
| PTIN | P00005629 | PTIN |
| Phone | 5087557107 | PhoneNum |
| Preparation | 2015-05-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR JOSEPH L TOSCHES DB | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 HOPE AVENUE | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01603 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $28,794,571 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 3444 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SEVENHILLS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1953 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE MANAGEMENT AND OVERSIGHT TO THE SEVENTEEN AFFILIATES UNDER COMMON CONTROL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 1926 | TotalEmployeeCnt |
| Total Volunteers | 500 | TotalVolunteersCnt |
| Total Gross UBI | $34,123 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,346,402 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,055,815 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,195,152 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,594,520 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,225,227 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,137,442 | CYInvestmentIncomeAmt |
| PY Other Revenue | $372,385 | PYOtherRevenueAmt |
| CY Other Revenue | $609,846 | CYOtherRevenueAmt |
| PY Total Revenue | $14,139,166 | PYTotalRevenueAmt |
| CY Total Revenue | $11,397,623 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,087,928 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,397,704 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $75,135 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,388,692 | PYOtherExpensesAmt |
| CY Other Expenses | $3,610,233 | CYOtherExpensesAmt |
| PY Total Expenses | $9,476,620 | PYTotalExpensesAmt |
| CY Total Expenses | $9,007,937 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,662,546 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,389,686 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $127,775,079 | TotalAssetsBOYAmt |
| Total Assets EOY | $139,179,460 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $93,777,728 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $97,517,756 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $33,997,351 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,661,704 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE MANAGEMENT AND OVERSIGHT TO THE SEVENTEEN AFFILIATES UNDER COMMON CONTROL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,932,802 | ExpenseAmt |
| Revenue | $8,186,022 | RevenueAmt |
| Desc | TO PROVIDE MANAGEMENT AND OVERSIGHT TO THE SEVENTEEN AFFILIATES UNDER COMMON CONTROL. | Desc |
| Total Program Service Expenses | $8,932,802 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 129 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1926 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL MATTHEWS CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5089832901 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 HOPE AVENUE | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01603 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (92 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| MATTHEW BEATON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANCES POLITO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MEGAN MCDONOUGH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH PENTA | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAULA ROSENBLUM | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA RUGG | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR PETER RUGG | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS RUSSELL JR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| R JOSEPH SALOIS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JENNIFER SCHOTT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SHORTSLEEVE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SIMON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN SPORING | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER STANTON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BERNIE STEPHENS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID TOBIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR PHILIP TOWNES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOANNE TULONEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MORGAN DYKSTAR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HELEN GARCIA | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MAUREEN GRAY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID GREENWOOD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH GUNTHER | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MARK HASSO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBRA HOKKANEN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN HONEYMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL G KALMANSSON ESQ | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN MUGGERIDGE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARION MAHAR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID MASSIELLO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD MCDONALD | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RUTHANN MELANCON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JONI MILLUZO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HONORABLE RICHARD T MOORE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN MUGGERIDGE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE NELSON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH NUNES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BENJAMIN NWOSU | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JO-ANN WHELAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN J STODDART PHR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| OWEN L WILLIAMS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES PATTERSON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JEANNE ANTONUCCI | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES AUSTIN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MAUREEN BINIENDA | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ATTORNEY BRIAN R FORTS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MELVIN GORDAN | |||||||
| CLERK | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN HEALY | |||||||
| CHAIRMAN | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ARLENE LIAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT L MAHAR | |||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBORAH J NEEDLEMAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DAVID PAYDARFAR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN PROSSER | |||||||
| MEMBER-AT-LARGE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIANNE E ROGERS | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMIE ROTMAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| HANNAH KANE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN N ALTOMARE ESQ | |||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR CAMILLE ROBERTS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| TAMMY MURRAY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBIN RHODES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LYNN EARLY RUSHTON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CLAIRE M SWAN | |||||||
| MEMBER-AT-LARGE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN AMADIO-AUBUCHON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ARLENE BETTERIDGE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH J BEVILACQUA PHD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN BLACK | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE BRAZELTON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES BUSS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN CAREY | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS CIOCIOLO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| THOMAS CULLINANE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN DONOVAN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| REP KARYN POLITO | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID RODGERS | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| FRANK SMITH | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KATE ROY SULLIVAN PHD | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN LAJOIE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MINDY MCKENZIE-HEBERT | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN NEWTON | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK O'CONNELL | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DALE DUCASSE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WAYNE GRIFFIN | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLEN KRAUSE | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT E PAULSEN JR | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT JOHNSON PH D PRES | |||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DR DAVID A JORDAN DHA | |||||||
| PRESIDENT | 40.00 | $320,672 | $0 | $315,861 | Yes (X) | ||
| DR JOSEPH L TOSCHES DBA | |||||||
| EXECUTIVE VICE PRESIDENT/COO | 40.00 | $319,234 | $0 | $35,167 | Yes (X) | ||
| DR KATHLEEN JORDAN DHA | |||||||
| SR VICE PRESIDENT/CPO | 40.00 | $190,035 | $0 | $21,771 | Yes (X) | ||
| MICHAEL P MATTHEWS | |||||||
| CFO | 40.00 | $123,812 | $0 | $16,297 | Yes (X) | ||
| WILLIAM STOCK | |||||||
| VP OF GOVERNMENT RELATIONS | 40.00 | $118,664 | $0 | $16,021 | Yes (X) | ||
| MARILYN LOPEZ-HADDAD | |||||||
| VP OF HUMAN RESOURCES | 40.00 | $118,233 | $0 | $26,360 | Yes (X) | ||
| KATHLEEN A MYSHRALL | |||||||
| VP OF ADVANCEMENT | 40.00 | $103,607 | $0 | $11,295 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,294,257 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $442,772 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FLETCHER TILTON | |||||
| 370 MAIN ST 1200 | WORCESTER | MA | 01608 | LEGAL | $120,953 |
| NETSMART TECHNOLOGIES | |||||
| PO BOX 823519 | PHILADELPHIA | PA | 19182 | IT/SOFTWARE | $110,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,055,815 | AllOtherContributionsAmt |
| Total Contributions | $1,055,815 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICES | Desc |
| Business | 623990 | BusinessCd |
| Total Revenue Column | $7,594,520 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,594,520 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,594,520 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $591,786 | TotalRevenueColumnAmt |
| Exclusion | $591,786 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,805,090 | SecuritiesAmt |
| Other | $137,514 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,275,213 | SecuritiesAmt |
| Other | $121,735 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,529,877 | SecuritiesAmt |
| Other | $15,779 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,545,656 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,779 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,529,877 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER REVENUE | 623990 | $575,723 | $575,723 | |
| LLC/S-CORP TAXABLE INCOME | 900099 | $34,123 | $34,123 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $609,846 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,397,623 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,186,022 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $34,123 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,121,663 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,294,257 | TotalAmt |
| Program Services | $1,294,257 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,631,041 | TotalAmt |
| Program Services | $2,631,041 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,182,607 | TotalAmt |
| Program Services | $1,182,607 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $289,799 | TotalAmt |
| Program Services | $289,799 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,628 | TotalAmt |
| Program Services | $76,628 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,955 | TotalAmt |
| Program Services | $191,955 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,800 | TotalAmt |
| Program Services | $82,800 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,164 | TotalAmt |
| Program Services | $70,164 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,502 | TotalAmt |
| Program Services | $312,502 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,629 | TotalAmt |
| Program Services | $335,629 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,251 | TotalAmt |
| Program Services | $104,251 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,201 | TotalAmt |
| Program Services | $331,201 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $420,274 | TotalAmt |
| Program Services | $420,274 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,602 | TotalAmt |
| Program Services | $195,602 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,165 | TotalAmt |
| Program Services | $46,165 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MISCELLANEOUS | $477,350 | $477,350 |
| CONSULTANTS | $285,463 | $285,463 |
| SUPPLIES | $218,444 | $218,444 |
| POSTAGE & SHIPPING | $131,943 | $131,943 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $329,862 | TotalAmt |
| Program Services | $254,727 | ProgramServicesAmt |
| Fundraising | $75,135 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,007,937 | TotalAmt |
| Program Services | $8,932,802 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $75,135 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,294 | BOYAmt |
| EOY | $215,900 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,498 | BOYAmt |
| EOY | $407,635 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,193 | BOYAmt |
| EOY | $16,210 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $143,690,108 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,329,234 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,200,868 | BOYAmt |
| EOY | $106,360,874 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,048,070 | BOYAmt |
| EOY | $24,679,571 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $760,794 | BOYAmt |
| EOY | $785,916 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,004,362 | BOYAmt |
| EOY | $6,713,354 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,775,079 | BOYAmt |
| EOY | $139,179,460 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,031,701 | BOYAmt |
| EOY | $80,237,033 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,526,278 | BOYAmt |
| EOY | $12,444,375 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,219,749 | BOYAmt |
| EOY | $4,836,348 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,777,728 | BOYAmt |
| EOY | $97,517,756 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,997,351 | BOYAmt |
| EOY | $41,661,704 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,997,351 | BOYAmt |
| EOY | $41,661,704 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,775,079 | BOYAmt |
| EOY | $139,179,460 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,389,686 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $923,263 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $4,289,678 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $61,726 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $448,771 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $382,957 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $176,098 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $753,926 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,055,815 | CurrentTaxYearAmt |
| Total | $2,817,567 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,135,076 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,654,326 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,964,539 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,574,468 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,186,022 | CurrentTaxYearAmt |
| Total | $32,514,431 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,583,847 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,037,283 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,140,637 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,328,394 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,241,837 | CurrentTaxYearAmt |
| Total | $35,331,998 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $35,331,998 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $402,421 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $357,338 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $360,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,205,810 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,396,876 | CurrentTaxYearAmt |
| Total | $21,722,647 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $402,421 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $357,338 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $360,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,205,810 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,396,876 | CurrentTaxYearAmt |
| Total | $21,722,647 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$126,514 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $582,101 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,796,299 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$6,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $34,123 | CurrentTaxYearAmt |
| Total | $3,279,078 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,859,754 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,976,722 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,297,138 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,527,273 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,672,836 | CurrentTaxYearAmt |
| Total | $60,333,723 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.58560 | PublicSupportCY509Pct |
| Public Support PY509 | 0.84950 | PublicSupportPY509Pct |
| Investment Income CY | 0.36000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.07090 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests PY509 | Yes (X) | ThirtyThrPctSuprtTestsPY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $18,642,589 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,529,960 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $20,172,549 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,118,106 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,524,483 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $18,642,589 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,212,750 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$1,094,644 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $12,118,106 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,759,106 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,453,644 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $13,212,750 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,273,195 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,485,911 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $10,759,106 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.78000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.03000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.19000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,111,122 | OtherCostOrOtherBasisAmt |
| Book Value | $13,111,122 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $113,728,526 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,417,623 | DepreciationAmt |
| Book Value | $87,310,903 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,179,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,911,611 | DepreciationAmt |
| Book Value | $4,268,026 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,670,823 | OtherCostOrOtherBasisAmt |
| Book Value | $1,670,823 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $106,360,874 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED COMPENSATION LIABILITY | Desc |
| Amt | $4,836,348 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,836,348 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,312,449 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $923,263 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $95,849 | OtherRevenueAmt |
| Revenue Not Reported | $1,019,112 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,293,337 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $70,164 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $34,122 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $104,286 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,397,623 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,937,773 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,937,773 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $70,164 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $70,164 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,007,937 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 FOUNDATION 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 OR ACTIVITIES, OR CASH FLOWS. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE FOUNDAITON IS NO LONGER SUBJECT OT U.S. FEDERAL INCOME TAX EXAMINIATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED GAIN ON HEDGING INSTRUMENT 95,849. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | TAXABLE INCOME ON LLC/S-CORPS 34,122. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR DAVID A JORDAN DHA | ||||||||||||||
| PRESIDENT | $314,135 | $0 | $0 | $0 | $6,537 | $0 | $304,194 | $0 | $11,667 | $0 | $636,533 | $0 | $0 | $0 |
| DR JOSEPH L TOSCHES DBA | ||||||||||||||
| EXECUTIVE VICE PRESIDENT/COO | $310,078 | $0 | $0 | $0 | $9,156 | $0 | $23,500 | $0 | $11,667 | $0 | $354,401 | $0 | $0 | $0 |
| DR KATHLEEN JORDAN DHA | ||||||||||||||
| SR VICE PRESIDENT/CPO | $188,316 | $0 | $0 | $0 | $1,719 | $0 | $21,771 | $0 | $0 | $0 | $211,806 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | DR. DAVID A. JORDAN, DHA - DEFINED BENEFIT PLAN & DEFERRED COMPENSATION $304,194 DR. JOSEPH L. TOSCHES, DBA - DEFINED BENEFIT PLAN $23,500 DR. KATHLEEN JORDAN, DHA - DEFERRED COMPENSATION $21,771 MICHAEL MATTHEWS- DEFERRED COMPENSATION $16,297 WILLIAM STOCK - DEFERRED COMPENSATION $16,021 MARILYN LOPEZ-HADDAD - DEFFERED COMPENSATION $14,946 KATHLEEN MYSHRALL - DEFERRED COMPENSATION $11,295 THE EMPLOYER CONTRIBUTES THESE DEFERRED COMPENSATION AMOUNT INTO A NON QUALIFIED INELIGIBLE 457(F) PLAN. THESE AMOUNTS CONTRIBUTED INTO THE 457(F) PLAN ARE NOT VESTED AND SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE IN THE EVENT THAT EMPLOYEES DO NOT FULFILL THEIR OBLIGATIONS OF THEIR EMPLOYMENT WITH THE ORGANIZATION. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| MASS DEVELOPMENT FINANCE AGENCY | |||||||
| A | 043431814 | 2008-09-01 | $12,000,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
| MASS DEVELOPMENT FINANCE AGENCY | |||||||
| B | 043431814 | 2008-09-01 | $5,500,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
| MASS DEVELOPMENT FINANCE AGENCY | |||||||
| C | 043431814 | 2005-07-01 | $24,285,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
| MASS DEVELOPMENT FINANCE AGENCY | |||||||
| D | 043431814 | 2011-12-29 | $8,051,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $12,000,000 | $381,002 | $11,715,020 | 2010 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $5,500,000 | $171,175 | $5,305,712 | 2010 | 0 | 0 | Yes (1) | Yes (1) | |
| C | $23,300,000 | $765,886 | $22,750,329 | 2007 | 0 | 0 | Yes (1) | Yes (1) | $1,588,244 |
| D | $8,051,000 | $278,350 | $7,075,135 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TD BANK | ||||||||||||
| A | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 5.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| TD BANK | ||||||||||||
| B | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 10.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| C | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | |||
| TD BANK | ||||||||||||
| D | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 4.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | DATE REBATE COMPUTATION PERFORMED | FormAndLineReferenceDesc |
| Explanation | 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 DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/16/2014 ISSUER NAME: MASS HEFA REVENUE BONDS DATE THE REBATE COMPUTATION WAS PERFORMED: 11/19/2014 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| RI HEALTH & EDUCATIONAL BUILDING CORP | |||||||
| A | 000052919 | 2012-06-01 | $3,555,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
| RI HEALTH & EDUCATIONAL BUILDING CORP | |||||||
| B | 000052919 | 2013-06-01 | $1,655,000 | FINANCE/REFINANCE CAPITAL PROJECTS | 0 | 0 | 0 |
| MASS HEFA REVENUE BONDS | |||||||
| C | 042456011 | 2004-11-19 | $11,653,000 | CONSOLIDATE LOANS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $3,555,000 | $119,268 | $3,197,063 | 2013 | 0 | 0 | Yes (1) | Yes (1) |
| B | $1,655,000 | $23,685 | $1,606,835 | 2014 | 0 | 0 | 0 | Yes (1) |
| C | $11,653,000 | $159,840 | $11,493,160 | 2004 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
| TD BANK | ||||||||||||
| C | 0 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 10.000000000000 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| LUANNE PERRY | |||
| SISTER OF JOSEPH TOSCHES | $3,682 | INTEREST EXPENSE | 0 |
| LUANNE PERRY | |||
| SISTER OF JOSEPH TOSCHES | $10,000 | MANAGEMENT FEE EXPENSE | 0 |
| LUANNE PERRY | |||
| SISTER OF JOSEPH TOSCHES | $160,000 | PRINCIPLE PAYMENT ON NOTE RECEIVABLE | 0 |
| LUANNE PERRY | |||
| SISTER OF JOSEPH TOSCHES | $14,833 | AAA DISTRIBUTION | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DAVID JORDAN, THE PRESIDENT/CEO, IS MARRIED TO KATHLEEN JORDAN WHO IS THE SR. VICE PRESIDENT/CPO. |
| 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 B, LINE 11 | THE BOARD OF DIRECTORS, CEO, CFO, AND 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 INCLUDED AN INDEPENDENT STUDY BY AN OUTSIDE AGENCY. |
| 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 95,849. /S-CORP -34,123. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (16 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| 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 OCCUPATIONAL & REHABILITATION SERVICES INC | ||||||||
| 81 HOPE AVENUE | WORCESTER | MA | 01603 | 042274992 | EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES | MA | 501(C)(3) | 0 |
| SEVEN HILLS DISABILITY & 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 BEHAVIORAL 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 | ||||||||
| 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 AND FAMILY SERVICE INC | ||||||||
| 81 HOPE AVENUE | WORCESTER | MA | 01603 | 042161932 | EMPOWERMENT OF PEOPLE WITH SIGNIFICANT CHALLENGES | MA | 501(C)(3) | 0 |
| STETSON SCHOOL INC | ||||||||
| 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 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMPIRICAL ASSET MANAGEMENT LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLIS STREET | AddressLine1 |
| City | WELLESLEY | City |
| State | MA | State |
| ZIP Code | 02482 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273376835 | EIN |
| Primary Activities | ASSET MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Predominant Income Type | INVESTMENT | PredominantIncomeTypeTxt |
| Share Of Total Income | -$10,825 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $468,081 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
| Ownership | 0.06000 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROUP 7 DESIGN INC | ||||||||||||
| 83 CEDAR STREET | MILFORD | MA | 01757 | 261688975 | ARCHITECTURAL DESIGN | MA | N/A | S | $44,948 | $317,835 | 0.49900 | 0 |
| SEVEN HILLS HOLDING CORPORATION | ||||||||||||
| 81 HOPE AVENUE | WORCESTER | MA | 01603 | 001087303 | REAL ESTATE HOLDING | MA | C | $78,100 | 1.00000 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (1) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GROUP 7 DESIGN INC | ||
| A | $3,682 | BOOK |
| GROUP 7 DESIGN INC | ||
| D | $0 | BOOK |
| GROUP 7 DESIGN INC | ||
| K | $10,000 | BOOK |