2015-11-13T14:00:21-06:00 2015-06-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2014-07-01 041975990 THE WILLISTON NORTHAMPTON SCHOOL WILL 4135293279 19 PAYSON AVENUE EASTHAMPTON MA 010272213 CHARLES B MCCULLAGH JR CFO/ASST TREASURER 4135293279 2015-11-09 1 ELIZABETH SOLECKI P00235171 8605614000 2015-11-04 2014 2016-03-07 17:11:31Z CHARLES B MCCULLAGH JR 19 PAYSON AVENUE EASTHAMPTON MA 010272213 51862786 0 X WWW.WILLISTON.COM X 1841 MA TO OPERATE AN INNOVATIVE PRIVATE SCHOOL THAT EDUCATES YOUNG MINDS AND PREPARES THEM TO THRIVE IN A GLOBAL SOCIETY. 22 22 318 75 717657 -383620 3934532 3163656 23790846 23583066 1245741 3185641 1158120 1074429 30129239 31006792 6478711 6540762 0 0 14948894 15083504 2313 497 2106495 8316046 9996846 29745964 31621609 383275 -614817 83363748 79871527 36107886 35645104 47255862 44226423 X THE WILLISTON NORTHAMPTON SCHOOL INSPIRES STUDENTS TO LIVE WITH PURPOSE, PASSION AND INTEGRITY. THE SCHOOL'S PHILOSOPHY COMPRISES THE TENENTS OF RESPECT FOR SELF AND OTHERS, RESPONSIBILITY AND TRUST, AND HONESTY AND INTEGRITY. THE SCHOOL'S VALUES ARE ENCAPSULATED BY THESE TENENTS: ACADEMIC EXCELLENCE, INDIVIDUALITY, RESPONSIBILITY, COMMUNITY AND COLLABORATION. 0 0 19473456 25675 23857521 PROVIDE A SECONDARY EDUCATION FOR STUDENTS GRADES 7-12. WILLISTON IS A BOARDING SCHOOL WITH A DAY STUDENT POPULATION. ENROLLMENT IS APPROXIMATELY 527. IN ADDITION, WILLISTON PROVIDES STUDENT SERVICES SUCH AS FOOD SERVICE, HEALTH SERVICE, STUDENT PUBLICATIONS AND A VARIETY OF CLUBS AND ACTIVITIES FOR THE STUDENTS. WILLISTON ALSO PROVIDES SUPPLEMENTARY SERVICES SUCH AS A BOOKSTORE, A SNACK BAR, DAY CARE, ETC. 6301087 6301087 FINANCIAL ASSISTANCE TO STUDENTS AWARDED ON THE BASIS OF NEED ENABLES THE SCHOOL TO SERVE STUDENTS WHO OTHERWISE WOULD BE UNABLE TO ATTEND. 214000 214000 MERIT AID. 25988543 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 88 0 1 318 1 1 1 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X CHARLES B MCCULLAGH JR 4135293261 19 PAYSON AVENUE EASTHAMPTON MA 01027 FRED ALLARDYCE TREASURER 5.00 0.00 X X 0 0 0 MARY E ALCOCK TRUSTEE 2.00 0.00 X 0 0 0 JAMES M BRENNAN SR TRUSTEE 2.00 0.00 X 0 0 0 DANIEL DECELLES TRUSTEE 2.00 0.00 X 0 0 0 CYRUS E DRIVER TRUSTEE 2.00 0.00 X 0 0 0 JAMES M DUBIN PRESIDENT 7.00 0.00 X X 0 0 0 MIKE JACKSON TRUSTEE 2.00 0.00 X 0 0 0 JOHN P BOOTH JR TRUSTEE 2.00 0.00 X 0 0 0 R KEITH DENHOLM TRUSTEE 2.00 0.00 X 0 0 0 H REID STERRETT IV TRUSTEE 2.00 0.00 X 0 0 0 JOHN HAZEN WHITE JR VICE PRESIDENT 5.00 0.00 X X 0 0 0 STEWART B REED TRUSTEE 2.00 0.00 X 0 0 0 WHITNEY F SMALL TRUSTEE 2.00 0.00 X 0 0 0 KEVIN R HOBEN VICE PRESIDENT 5.00 0.00 X X 0 0 0 LEWIS RABINOVITZ SECRETARY 5.00 0.00 X X 0 0 0 BRADLEY S FOSTER TRUSTEE 2.00 0.00 X 0 0 0 RICHARD S WAGMAN TRUSTEE 2.00 0.00 X 0 0 0 DR R SCOTT COWAN TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM V FOGG TRUSTEE 2.00 0.00 X 0 0 0 RICHARD T MONOPOLI TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM P MORRISON TRUSTEE 2.00 0.00 X 0 0 0 MIJANOU MALISE SPURDLE TRUSTEE 2.00 0.00 X 0 0 0 ROBERT W HILL III HEAD OF SCHOOL 40.00 0.00 X 271958 0 134174 CHARLES B MCCULLAGH JR ASST. TREASURER, CFO 40.00 0.00 X 185428 0 28982 ERIC YATES ASST. SECRETARY, CAO 40.00 0.00 X 146028 0 82312 JEFFREY KETCHAM ASSOCIATE HEAD OF SCHOOL 40.00 0.00 X 126119 0 42602 ANN PICKRELL ASST. HEAD OF SCHOOL 40.00 0.00 X 117442 0 21837 SHARON DAVENPORT DIRECTOR OF DEVELOPMENT 40.00 0.00 X 109563 0 22772 956538 0 332679 6 0 1 0 SAGE DINING SERVICES INC 1402 YORK ROAD LUTHERVILLE MD 21093 DINING SERVICES 1044318 0 3163656 760783 3163656 TUITION, ROOM & BOARD 611600 23583066 23583066 23583066 1733501 -27976 1761477 22147934 20695794 1452140 1452140 552 1451588 172242 160200 12042 12042 AUXILIARY SERVICES 531120 881765 136684 745081 ANCILLARY SERVICES 611710 179218 179218 CAFETERIA SERVICES 722210 1404 1404 1062387 31006792 23898968 717657 3226511 25675 25675 6515087 6515087 887868 236849 307653 343366 9397162 7709393 978972 708797 803513 620854 100491 82168 3263267 2552121 391242 319904 731694 565361 91509 74824 558187 558187 60801 60801 497 497 14651 14651 200304 68660 40869 90775 881713 828810 44086 8817 314282 148793 74288 91201 22981 13569 2726 6686 1018808 957680 50940 10188 2537450 2368040 136449 32961 262277 228847 27011 6419 FOOD 1696410 1622647 12812 60951 EQUIPMENT RENTAL AND MA 549230 436786 96892 15552 OUTSIDE CONTRACTORS 435729 226076 96492 113161 SUPPLIES 258226 204951 33733 19542 1185797 658344 406767 120686 31621609 25988543 3526571 2106495 5955 5500 5842869 5846881 934982 696078 7739 3611 104332 77268 116071 127460 268156 551609 62763042 33657905 29519538 29105137 36320416 35429104 8777153 6579600 1466537 1449279 83363748 79871527 1675636 2069596 7292165 7169201 25501256 24917434 1638829 1488873 36107886 35645104 X 20531926 17624892 8633719 8047028 18090217 18554503 47255862 44226423 83363748 79871527 X -614817 -2367262 -47359 X X 0 1 X 1 0 X 1690982 2624304 4218553 3934532 3163656 15632027 1690982 2624304 4218553 3934532 3163656 15632027 2266594 13365433 258457 234518 1032852 760886 1736058 4022771 280403 310266 252703 197881 173646 1214899 20869697 112165154 0.64040 0.62870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43946417 962473 566046 4574418 40900518 39193754 1260648 5706439 2214424 43946417 36564825 868379 3964834 2204284 39193754 40021900 553590 -1004433 2931232 75000 36564825 35951652 1250690 5213011 2323453 70000 40021900 0.45480 0.44240 0.10280 0 0 999304 999304 45381149 22232449 23148700 7500471 3934758 3565713 8882118 7490698 1391420 29105137 ALTERNATIVE INVESTMENTS 6579600 F 6579600 LIABILITY UNDER SPLIT INTEREST AGREEMENTS 474841 CAPITAL LEASE OBLIGATIONS 1014032 1488873 22222631 -2367262 -6577099 -8944361 31166992 -160200 -160200 31006792 25252070 160197 160197 25091873 6529737 6529737 31621610 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF APPROXIMATELY 250 INDIVIDUAL FUNDS FOR A VARIETY OF PURPOSES, INCLUDING INSTRUCTION, SCHOLARSHIPS, ADMINISTRATION, LIBRARY, BUILDINGS AND GROUNDS, PRIZES AND OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -6,515,086. CHANGE IN VALUE OF SPLIT INTERESTS -47,362. INVESTMENT FEES RELATED TO SPLIT INTERESTS -14,651. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -160,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 160,200. ROUNDING -3. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,515,086. INVESTMENT FEES RELATED TO SPLIT INTERESTS 14,651. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE WILLISTON NORTHAMPTON SCHOOL ADVERTISES IN BOTH INTERNAL AND EXTERNAL PUBLICATIONS ITS POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, RELIGION, NATIONAL ORIGIN, GENDER OR SEXUAL ORIENTATION. EAST ASIA AND THE PACIFIC - 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 45680 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 5360 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 2049696 NORTH AMERICA 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 4231 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES & FUNDRAISING RECRUITING & FUNDRAISING 3367 0 0 0 0 0 0 2108334 0 2108334 1 0 0 1 1 0 1 EMILY WILLISTON MEMORIAL LIBRARY 9 PARK ST EASTHAMPTON MA 01027 046054363 501(C)(3) 10000 CHARITABLE SUPPORT NORTHAMPTON YOUTH AND COMMUNITY ROWING INC OLD SPRINGFIELD ROAD NORTHAMPTON MA 01060 043532936 501(C)(3) 10000 CHARITABLE SUPPORT RIVERSIDE INDUSTRIES INC 1 COTTAGE STREET EASTHAMPTON MA 01027 042438444 501(C)(3) 5000 CHARITABLE SUPPORT 3 0 FINANCIAL AID 232 6233445 FAIR MARKET VALUE ELIGIBLE STUDENTS RECEIVE A CREDIT ON TUITION ADDITIONAL FINANCIAL AID 31 17217 FAIR MARKET VALUE BOOKS, SUPPLIES, INSURANCE, ETC. TUITION DISCOUNTS AND MERIT AID 186 264424 FAIR MARKET VALUE ELIGIBLE STUDENTS RECEIVE A CREDIT ON TUITION PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A REDUCTION IN TUITION. X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 ROBERT W HILL III HEAD OF SCHOOL 271958 0 0 0 0 0 19425 0 114749 0 406132 0 0 0 CHARLES B MCCULLAGH JR ASST. TREASURER, CFO 185428 0 0 0 0 0 15266 0 13716 0 214410 0 0 0 ERIC YATES ASST. SECRETARY, CAO 146028 0 0 0 0 0 10606 0 71706 0 228340 0 0 0 JEFFREY KETCHAM ASSOCIATE HEAD OF SCHOOL 126119 0 0 0 0 0 10494 0 32108 0 168721 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 575583RAW 2005-06-14 18887491 PAY OFF B AND C, CAPEX 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583RZ40 2010-07-22 8760000 PAYOFF COMMERCIAL PAPER 0 0 0 A 2395057 18887491 13059896 343372 500000 4984223 2006 1 1 1 1 B 335000 8760000 8483480 175200 57520 43800 2010 1 0 1 1 A 0 0 1 1 0 0.03160 0.03160 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 1 1 BANK OF AMERICA 5.000000000000 0 0 0 0 1 A 1 B 1 MARTHA MCCULLAGH SPOUSE OF OFFICER 35112 EMPLOYMENT 0 KATHRYN HILL SPOUSE OF OFFICER 19379 EMPLOYMENT 0 X 40 760783 FMV - DATE OF GIFT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS E-MAILED TO THE AUDIT COMMITTEE AND THERE IS A FOLLOW-UP MEETING VIA CONFERENCE CALL. ONCE APPROVED BY THE AUDIT COMMITTEE, THE FORM 990, EXCLUDING SCHEDULE B, IS THEN PRESENTED TO THE FULL BOARD VIA E-MAIL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BUSINESS OFFICE FOLLOWS UP BY COLLECTING ANNUALLY ACKNOWLEDGEMENTS BY BOARD MEMBERS THAT THEY HAVE RECEIVED AND UNDERSTAND THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON OF SALARIES WITH DATA COLLECTED FROM 40 PEER INSTITUTIONS IS USED. REASONABLE AND COMPETITIVE SALARIES ARE DETERMINED BASED ON THE DATA COLLECTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTERESTS -47,362. ROUNDING 3. FORM 990, PART XI, LINE 2C THE PROCESS OF OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. WORDS & MUSIC INC 19 PAYSON AVE EASTHAMPTON MA 01027 131486950 MUSIC PUBLISHING NY N/A C 458987 33338 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 WORDS & MUSIC INC F 46800 DIVIDEND RECEIVED