Return Reference | Explanation |
---|---|
FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WILL BE REVIEWED BY SUZANNE BAUMGARTEN, DIRECTOR OF FINANCE AND OPERATIONS, JOHN TURCIK, TRUSTEE AND CHAIR OF AUDIT COMMITTEE, AND AT LEAST ONE OFFICER OF THE CORPORATION. AN ELECTRONIC COPY OF FORM 990 WILL THEN BE MAILED TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO THE FILING OF THE 990. HARD COPIES OF FORM 990 ARE AVAILABLE UPON REQUEST. |
FORM 990, PART VI, SECTION B, LINE 12C | THE SCHOOL REQUIRES EACH MEMBER OF THE BOARD OF TRUSTEES TO COMPLETE THE CONFLICT OF INTEREST STATEMENT ANNUALLY. ANY BOARD MEMBER THAT HAS A POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO ABSTAIN FROM VOTING ON A PARTICULAR ISSUE. |
FORM 990, PART VI, SECTION B, LINE 15 | MHS USES OUTSIDE SOURCES FOR BENCHMARKING COMPENSATION LEVELS INCLUDING THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), ASSOCIATION OF INDEPENDENT SCHOOLS OF NEW ENGLAND (AISNE), AS WELL AS PUBLIC SCHOOL COMPENSATION DATA. COMPENSATION FOR ALL TOP MANAGEMENT POSITIONS WAS BENCHMARKED IN DECEMBER 2014 USING NAIS AND OTHER INDUSTRY STATISTICS. MHS STRIVES TO MAINTAIN A COMPETITIVE SALARY AND BENEFITS PACKAGE. THEREFORE, OUR PACKAGE IS REGULARLY REVIEWED BY MANAGEMENT AND THE BOARD OF TRUSTEES, AS DATA IS AVAILABLE, FOR REASONABLENESS AND COMPETITIVE WEIGHT. THE SALARY AND BENEFITS OF THE HEAD OF SCHOOL ARE SET BY THE BOARD OF TRUSTEES. COMPENSATION FOR ALL OTHER EMPLOYEES IS SET BY THE HEAD OF SCHOOL AND APPROVED BY THE BOARD OF TRUSTEES ANNUALLY. THE CONSIDERATIONS AND DELIBERATIONS ON DETERMINING SALARY ARE DOCUMENTED BY THE ORGANIZATION. |
FORM 990, PART VI, SECTION C, LINE 19 | ALL FORMS ARE MADE AVAILABLE TO PUBLIC INSPECTION UPON WRITTEN REQUEST MADE TO THE BUREAU OFFICE. |
FORM 990, PART XI, LINE 9: | VALUATION DISCOUNT ON MINERAL DEED 7,086. |
FORM 990, PART XII, LINE 2C | THE OVERSIGHT & SELECTION PROCESS HAS NOT CHANGED DURING THE FISCAL YEAR. |
Software ID: | |
Software Version: |