2025-05-15T13:09:15-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 060653119 THE LOOMIS INSTITUTE D/B/A THE LOOMIS CHAFFEE SCHOOL LOOM 8606876000 4 BATCHELDER ROAD WINDSOR CT 06095 RICHARD ESPOSITO CFO 8606876000 2025-05-12 1 0 LAURA J KENNEY P00202198 6177170831 2025-05-12 2023 2025-03-06 01:10:19Z RICHARD ESPOSITO 4 BATCHELDER ROAD WINDSOR CT 06095 181552418 0 X WWW.LOOMIS.ORG X 1874 CT EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 28 26 481 376 305099 0 27349689 77085187 47600769 50159744 5616720 10518010 144105 111567 80711283 137874508 10290654 10524107 0 0 29403721 31396078 0 0 4720992 32089405 30835849 71783780 72756034 8927503 65118474 456124203 540597730 86301584 84216745 369822619 456380985 EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 0 0 57829751 10524107 50159744 EDUCATION OF HIGH SCHOOL (GRADES 9-12) BOYS AND GIRLS IN A BOARDING AND DAY SCHOOL FORMAT FOR THE PURPOSE OF COLLEGE PREPARATION AND PLACEMENT. 57829751 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 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 155 0 1 481 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 28 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X RICHARD ESPOSITO 8606876226 4 BATCHELDER ROAD WINDSOR CT 06095 SHEILA CULBERT HEAD OF SCHOOL 40.00 0.00 X X 1272322 0 480212 COURTNEY ACKEIFI TRUSTEE 1.00 0.00 X 0 0 0 BRUCE ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 KATHERINE BALLARD TRUSTEE 1.00 0.00 X 0 0 0 JOHN BUSSEL TRUSTEE 1.00 0.00 X 0 0 0 PAULINE CHEN TRUSTEE 1.00 0.00 X 0 0 0 ERIK A CLIETTE TRUSTEE 1.00 0.00 X 0 0 0 BRITT MARIE COLE-JOHNSON TRUSTEE 1.00 0.00 X 0 0 0 KEITH O COWAN TRUSTEE 1.00 0.00 X 0 0 0 AMY L EDWARDS-SWEET TRUSTEE 1.00 0.00 X 0 0 0 FRIDOLF A HANSON TRUSTEE 1.00 0.00 X 0 0 0 M SCOTT HAVENS TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN M KELLY TRUSTEE 1.00 0.00 X 0 0 0 UNSOO KIM TRUSTEE 1.00 0.00 X 0 0 0 RACHEL KORT TRUSTEE 1.00 0.00 X 0 0 0 DOUGLAS W LYONS TRUSTEE 1.00 0.00 X 0 0 0 DUNCAN A L MACLEAN TRUSTEE 1.00 0.00 X 0 0 0 JESSICA PAINDIRIS TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH RICHMOND TRUSTEE 1.00 0.00 X 0 0 0 DAVID A ROGAN TRUSTEE 1.00 0.00 X 0 0 0 MARC RUBENSTEIN TRUSTEE 1.00 0.00 X 0 0 0 MARY BUCKSBAUM SCANLAN TRUSTEE 1.00 0.00 X 0 0 0 HARVEY J STRUTHERS JR TRUSTEE 1.00 0.00 X 0 0 0 XIN TANG TRUSTEE 1.00 0.00 X 0 0 0 MARTIN VULLIEZ TRUSTEE 1.00 0.00 X 0 0 0 KENDRA N WALLACE TRUSTEE 1.00 0.00 X 0 0 0 JAMES L WIDDOES TRUSTEE 1.00 0.00 X 0 0 0 ARIEL WILLIAMS TRUSTEE 1.00 0.00 X 0 0 0 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 40.00 0.00 X 338018 0 93744 NATHAN FOLLANSBEE DIRECTOR OF EXTERNAL AFFAIRS 40.00 0.00 X 252915 0 22460 WEBSTER TRENCHARD ASSOCIATE HEADMASTER 40.00 0.00 X 183989 0 76425 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 40.00 0.00 X 214619 0 95310 JULIA KNIGHT BUSINESS MANAGER 40.00 0.00 X 172346 0 18901 LYNN PETRILLO DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 170061 0 27721 AMY THOMPSON DEAN OF ENROLLMENT 40.00 0.00 X 164142 0 37248 2768412 0 852021 24 0 1 0 NEWFIELD CONSTRUCTION INC 225 NEWFIELD AVE HARTFORD CT 06106 CONSTRUCTION SERVICES 3283595 FLIK COMPASS GROUP PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 1905149 CAMBRIDGE ASSOCIATES LLC PO BOX 412015 BOSTON MA 022412015 INVESTMENT CONSULTANT 823029 ATLAS WORKSHOPS INC PO BOX 150599 BROOKLYN NY 11215 EDUCATOR SERVICES 219125 CHAMPION HOMES 10642 SOUTH SUSQUEHANNA TRAIL LIVERPOOL PA 17045 CONSTRUCTION SERVICES 205353 9 77085187 969290 77085187 TUITION AND FEES 611110 49085559 49085559 SUMMER PROGRAMS 611110 544666 544666 STUDENT ACTIVITIES 611110 527244 527244 FACILITY RENTAL 611110 2275 2275 50159744 5640992 -272321 5913313 48092475 43215457 4877018 4877018 30479 4846539 574020 462453 111567 111567 137874508 49612803 305099 10871419 10524107 10524107 1673105 771466 577540 324099 340311 340311 22386987 20966354 320494 1100139 2049471 1689085 88768 271618 3279794 3139631 14468 125695 1666410 1477197 63818 125395 108473 108473 86025 86025 5947411 5947411 63556 13194 50362 722641 722641 4363022 4256338 53342 53342 1200195 1200195 7321631 4392979 1464326 1464326 981556 785244 98156 98156 INSTRUCTIONAL 4585046 4585046 FOOD SERVICES 3644547 3562146 38795 43606 GENERAL 1118114 957517 130286 30311 DEVELOPMENT 693632 693632 72756034 57829751 10205291 4720992 11337484 14290773 12120264 72887209 10422868 10530376 373397 359310 170583 154224 286345805 115137569 164687795 171208236 79039459 98602691 170073548 163957371 7898805 8607540 456124203 540597730 4260660 5170777 22171227 22363084 59415086 56184146 454611 498738 86301584 84216745 X 194945772 203554433 174876847 252826552 369822619 456380985 456124203 540597730 65118474 21439892 0 X 0 1 X 1 0 X 9590996 15917163 10982112 27349689 77085187 140925147 9590996 15917163 10982112 27349689 77085187 140925147 80974245 59950902 1997495 1747902 2507298 3276852 5913313 15442860 156368007 226906110 0.38340 0.57050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 241730797 11730663 24563237 4643613 16428529 256952555 230485027 10947255 20919650 5226722 15394413 241730797 260910589 4469360 14916041 3906776 16072106 230485027 208933756 3338739 57060614 3831532 4590988 260910589 214161278 4265036 1459012 3717704 7233866 208933756 0.34100 0.46490 0.19410 0 0 620594 620594 229996304 87171760 142824544 18072852 16030824 2042028 37656055 11934985 25721070 171208236 INFLATION HEDGING 84225 F GLOBAL EQUITY 45196385 F FLEXIBLE CAPITAL 20152020 F ABSOLUTE RETURN 24340468 F PRIVATE EQUITY 73046415 F REAL ESTATE 349000 F SPLIT-INTEREST AGREEMENTS 788858 F 163957371 ANNUITY PAYABLE 387329 AGENCY FUNDS 37594 ASSET RETIREMENT OBLIGATION 73815 498738 143305335 21439892 462453 21902345 121402990 5947411 10524107 16471518 137874508 56746969 462453 462453 56284516 5947411 10524107 16471518 72756034 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT IS TO PROVIDE RELIABLE AND GROWING SUPPORT FOR THE ONGOING OPERATIONS OF THE SCHOOL. THE PURPOSE OF THE INVESTMENT COMMITTEE IS TO INVEST THE ENDOWMENT TO PRODUCE TWO RESULTS: 1. PROVIDE A RELIABLE AND GROWING STREAM OF SPENDABLE FUNDS. 2. PROTECT AGAINST PERMANENT CAPITAL LOSS, WHILE PRESERVING AND GROWING THE REAL VALUE OF THE CORPUS OVER TIME. PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 462,453. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 10,524,107. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOKSTORE COST OF GOODS SOLD 462,453. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 10,524,107. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS DESCRIBED IN SCHOOL REGISTRATION MATERIALS AND PROMINENTLY DISPLAYED IN VARIOUS LOOMIS WEBPAGES INCLUDING THE HOMEPAGE. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 89320853 EUROPE (INCLUDING ICELAND & GREENLAND) INVESTMENTS 1911103 EAST ASIA AND THE PACIFIC FUNDRAISING 42469 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES ADMISSIONS 4928 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES ADMISSIONS 7229 EAST ASIA AND THE PACIFIC PROGRAM SERVICES ADMISSIONS 1139 0 0 0 0 0 0 91287721 0 91287721 1 0 1 1 1 0 1 FINANCIAL AID 198 10524107 REDUCTION IN TUITION PART I, LINE 2: FINANCIAL AID IS AVAILABLE FOR QUALIFIED STUDENTS ON THE BASIS OF NEED AS DETERMINED BY THE LOOMIS CHAFFEE SCHOOL. THE SCHOOL UTILIZES THE STANDARDIZED FINANCIAL AID NEED-ANALYSIS FROM THE SCHOOL AND STUDENT SERVICES GUIDELINES, WHICH INCLUDES CONFIDENTIAL INFORMATION PROVIDED BY FAMILIES. THE SCHOLARSHIPS ARE AWARDED IN A NONDISCRIMINATORY MANNER. ALL SCHOLARSHIPS ARE MADE DIRECTLY AS CREDITS AGAINST STUDENT ACCOUNTS AND NO CASH REFUNDS ARE ISSUED FOR ANY PURPOSE. X X 1 1 X X X 0 1 0 0 0 0 0 1 0 SHEILA CULBERT HEAD OF SCHOOL 289822 0 0 0 982500 0 449757 0 30455 0 1752534 0 982500 0 RICHARD ESPOSITO CHIEF FINANCIAL OFFICER 333018 0 5000 0 0 0 63000 0 30744 0 431762 0 0 0 TIMOTHY STRUTHERS DIRECTOR OF DEVELOPMENT 214619 0 0 0 0 0 24564 0 70746 0 309929 0 0 0 NATHAN FOLLANSBEE DIRECTOR OF EXTERNAL AFFAIRS 79186 0 0 0 173729 0 15930 0 6530 0 275375 0 173729 0 WEBSTER TRENCHARD ASSOCIATE HEADMASTER 183989 0 0 0 0 0 41579 0 34846 0 260414 0 0 0 AMY THOMPSON DEAN OF ENROLLMENT 164142 0 0 0 0 0 19329 0 17919 0 201390 0 0 0 LYNN PETRILLO DIRECTOR OF COMMUNICATIONS 170061 0 0 0 0 0 19018 0 8703 0 197782 0 0 0 JULIA KNIGHT BUSINESS MANAGER 172346 0 0 0 0 0 18712 0 189 0 191247 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO LIVE ON CAMPUS AS A CONDITION OF EMPLOYMENT. CERTAIN OFFICERS AND OTHER HIGHLY COMPENSATED EMPLOYEES ARE ALSO PROVIDED HOUSING AS A CONDITION OF THEIR EMPLOYMENT. THE VALUE OF THE HOUSING IS REPORTED AS NONTAXABLE IN SCHEDULE J, PART II, COLUMN D. THE HOUSE WHERE THE HEAD OF SCHOOL RESIDES IS USED FOR MULTIPLE SCHOOL EVENTS. CLEANING SERVICES ARE PROVIDED FOR SCHOOL EVENTS. THIS IS NOT TREATED AS A TAXABLE BENEFIT. PART I, LINE 4B SHEILA CULBERT, RICHARD ESPOSITO, NATHAN FOLLANSBEE, AND WEBSTER TRENCHARD PARTICIPATE IN NONQUALIFIED DEFERRED COMPENSATION PLANS. THE PLANS HAVE A SUBSTANTIAL RISK OF FORFEITURE. IN CALENDAR YEAR 2023, SHEILA CULBERT RECEIVED CONTRIBUTIONS TO HER NONQUALIFIED DEFERRED COMPENSATION PLAN OF $423,510, AS REPORTED ON SCHEDULE J, PART II, COLUMN (C). IN CALENDAR YEAR 2023, SHE RECEIVED A PAYMENT OF $982,500 FOR THE VESTED AMOUNT IN HER NONQUALIFIED DEFERRED PLAN, AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THIS REPRESENTS DEFERRED COMPENSATION FOR 4 YEARS OF SERVICE. SHEILA HAS SERVED AS THE HEAD OF SCHOOL FOR 16 YEARS. IN CALENDAR YEAR 2023, NATHAN FOLLANSBEE RECEIVED A PAYMENT OF $173,729 FOR HIS VESTED DEFERRED COMPENSATION PLAN, AS REPORTED ON SCHEDULE J, PART II, COLUMN (B)(III). THIS REPRESENTS DEFERRED COMPENSATION FOR 4 YEARS OF SERVICE. PART I, LINE 7 A PERFORMANCE MERIT BONUS WAS PAID TO RICHARD ESPOSITO IN 2023. A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20774L7J8 2005-10-15 37325541 SERIES F - REFINANCING PART OF SERIES C AND ALL OF SERIES D 1 0 0 B CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 2020-09-18 39872475 SERIES K-1 - REFINANCING OF SERIES H, I AND J AND PART OF NEW CONSTRUCTION 0 0 0 C CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 060806186 20775DXD9 2023-12-21 15434338 SERIES L - NEW CONSTRUCTION AND CAPITAL PROJECTS 0 0 0 A 19710000 14425000 37325541 521818 462497 36341226 2005 0 1 1 1 B 1000000 39872475 546263 8966859 30359353 2020 1 1 1 1 C 15434338 308687 15125651 2023 0 0 1 1 A 0 0 0 0 0.01010 0.00000 0.01010 0 0 1 B 0 0 0 0 0.00900 0.00000 0.00900 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/27/2020 TIMOTHY STRUTHERS TRUSTEE'S SON 340311 EMPLOYMENT 0 X 64 969290 FAIR VALUE 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B TRUSTEES AND MANAGEMENT REVIEW THE PREPARED FORM 990, EXCLUDING THE SCHEDULE B LIST OF CONTRIBUTORS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL SENIOR ADMINISTRATORS AND TRUSTEES ARE REQUIRED TO DISCLOSE AND SIGN CONFLICT OF INTEREST AGREEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF TRUSTEES AND EXECUTIVE COMMITTEE MEMBERS MEET ANNUALLY TO REVIEW THE HEAD OF SCHOOL'S COMPENSATION THROUGH THE USE OF COMPARABLE DATA AND OTHER SOURCES. THE COMPENSATION DELIBERATIONS AND DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO BE VIEWED IN THE CFO'S OFFICE. THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. ADC CORPORATION 4 BATCHELDER ROAD WINDSOR CT 06095 060986152 REAL ESTATE RENTAL CT THE LOOMIS INSTITUTE C 19380 551842 1.00000 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 ADC CORPORATION A 24163 APPLICABLE FEDERAL RATE ADC CORPORATION D 497187 CASH