Form 990, Part III, line 3 |
In November 2016, the Ogranization entered into a fully executed purchase and sale agreement to sell the Woodstock campus. The campus remained open through the remainder of the school year and the closing of the sale occurred in June 2017. In 2018 operations will be consolidated at the Bath campus. Management plans to terminate Hyde School Woodstock in 2018. |
Form 990, Part VI, Section A, line 2 |
Dana McAvity (Director) and Malcolm McAvity (Director) have a family relationship. Ann S. Bell (Director) and Jonathan A. Bell (Director) have a family relationship. John Stanchina (Director) and Lucinda Stanchina (Director) have a family relationship. Dee Dee Chesley (Director) and Richard Chesley (Director) have a family relationship. |
Form 990, Part VI, Section B, line 11b |
The Form 990 is reviewed by the Executive Business Manager and the Finance Committee and a copy of the Form 990 is provided to the governing body for review before it is filed. |
Form 990, Part VI, Section B, line 12c |
The conflict of interest policy and signature page is provided to the Board for review at the June board meeting. |
Form 990, Part VI, Section B, line 15 |
The salary of the CEO and other key employees are determined and approved by the Board. The recommendations are specifically made by the Board Compensation Committee. Periodically Hyde School South Woodstock has a compensation analysis performed of key employees. Hyde School South Woodstock annually utilizes the surveys from ISANNE (Independent School Association of Northern New England) and NAIS (National Association of Independent Schools). Both surveys provide detailed compensation information of all positions of member schools in addition to key employees. Hyde School South Woodstock utilizes the survey to benchmark all of their departments. |
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 X, Line 10: Land, Buildings, and Equipment |
Section 1.263(a)-3(n) Election: Hyde School at South Woodstock, Inc. 616 High Street Bath, ME 04530 EIN 01-0504446 Hyde School at South Woodstock, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). |