2026-04-23T15:14:42-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2024-07-01 060646964 WILLIAMS MEMORIAL INSTITUTE WILL 8604435333 182 MOHEGAN AVENUE NEW LONDON CT 06320 MARK FADER HEAD OF SCHOOL 8604435333 2026-04-23 1 1 JOHN TOSCANO P00358542 8605614000 2026-04-23 2024 2025-03-06 01:10:19Z THE WILLIAMS SCHOOL MARK FADER 182 MOHEGAN AVENUE NEW LONDON CT 06320 8992441 0 X WWW.WILLIAMSSCHOOL.ORG X 1891 CT THE SCHOOL PROVIDES EDUCATIONAL SERVICES TO STUDENTS AT THE SECONDARY SCHOOL LEVEL. 25 22 68 25 0 0 1340859 861359 6667846 7258032 397406 808168 8287 25319 8414398 8952878 1476824 1622320 0 0 4417804 5028827 0 0 256279 2259018 2302906 8153646 8954053 260752 -1175 29520884 30612215 8071054 7969803 21449830 22642412 TO FOSTER THE INTELLECTUAL, MORAL, CREATIVE, AND PHYSICAL DEVELOPMENT OF STUDENTS IN PREPARATION FOR COLLEGE, LIFELONG LEARNING, AND ACTIVE PARTICIPATION IN AN EVOLVING WORLD. 0 0 7129612 1622320 7258032 WILLIAMS MEMORIAL INSTITUTE'S PRIMARY PROGRAM SERVICE IS PROVIDING EDUCATION FOR APPROXIMATELY 191 STUDENTS FROM GRADES SIX THROUGH TWELVE. 7129612 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 34 0 1 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X FREDA GIMPEL 8604435333 182 MOHEGAN AVENUE NEW LONDON CT 06320 MARK FADER HEAD OF SCHOOL 40.00 0.00 X 348287 0 84352 FREDA GIMPEL CHIEF FINANCIAL OFFICER 32.00 0.00 X 77965 0 7796 SHARON GAUDREAU ASST. HEAD OF SCHOOL FOR ENROLLMENT 40.00 0.00 X 130617 0 31127 JANE HANNON ASST. HEAD OF SCHOOL FOR TEACHING/LEARNING 40.00 0.00 X 123890 0 31593 MICHAEL ALAN LAWTON DIRECTOR OF FACILITES 40.00 0.00 X 124656 0 26585 DANA CLARK DIRECTOR OF COLLEGE COUNSELING 40.00 0.00 X 102425 0 9738 DWAYNE XENELIS PRESIDENT 10.00 0.00 X X 0 0 0 ROBERT KAPLAN VICE PRESIDENT 4.00 0.00 X X 0 0 0 PATRICIA LUXTON SECRETARY 2.00 0.00 X X 0 0 0 JARED KLEE TREASURER 4.00 0.00 X X 0 0 0 BRIAN BONNER TRUSTEE 4.00 0.00 X 0 0 0 RODNEY BUTLER TRUSTEE 2.00 0.00 X 0 0 0 JOE DELAURENTIS TRUSTEE 2.00 0.00 X 0 0 0 AMY DOOLING TRUSTEE UNTIL 1/25 2.00 0.00 X 0 0 0 SUSAN DOWLING TRUSTEE 2.00 0.00 X 0 0 0 ASIM EJAZ TRUSTEE 2.00 0.00 X 0 0 0 MATT GARDZINA TRUSTEE AS OF 1/25 2.00 0.00 X 0 0 0 KATIE GINGRAS TRUSTEE 2.00 0.00 X 0 0 0 BRUCE GOLDSTEIN TRUSTEE 2.00 0.00 X 0 0 0 BRUCE HARVEY TRUSTEE 2.00 0.00 X 0 0 0 MARY ELLEN JUKOSKI TRUSTEE 4.00 0.00 X 0 0 0 RUSSELL LEARNED TRUSTEE UNTIL 2/25 4.00 0.00 X 0 0 0 JON MARSTON TRUSTEE 2.00 0.00 X 0 0 0 ANDREW MCKILLOP TRUSTEE 2.00 0.00 X 0 0 0 ADAM MILNE TRUSTEE 2.00 0.00 X 0 0 0 BEN NEWTON TRUSTEE 2.00 0.00 X 0 0 0 TYLER POTTS TRUSTEE 2.00 0.00 X 0 0 0 CLINT REID TRUSTEE 4.00 0.00 X 0 0 0 COLLEEN REARDON SHAY TRUSTEE 2.00 0.00 X 0 0 0 ERIC SABETTA TRUSTEE 2.00 0.00 X 0 0 0 KELLY SIMPSON-ANGELINI TRUSTEE 2.00 0.00 X 0 0 0 HUNTER TURA TRUSTEE 2.00 0.00 X 0 0 0 AMY VAN DER VELDE TRUSTEE 2.00 0.00 X 0 0 0 907840 0 191191 6 0 1 0 VACO LLC PO BOX 667 BRENTWOOD TN 37024 TEMPORARY STAFFING SERVICES 161946 M&J BUS PO BOX 801 OLD SAYBROOK CT 06475 STUDENT TRANSPORTATION 144507 2 306031 555328 7224 861359 TUITION AND FEES 611110 6922633 6922633 AUXILIARY SERVICES 611110 335399 335399 7258032 808168 808168 49688 39563 10125 10125 10125 MISCELLANEOUS INCOME 900099 15194 15194 15194 8952878 7258032 0 833487 1622320 1622320 620835 119747 381342 119746 3528015 2945588 523432 58995 315709 255139 50890 9680 288968 243520 45448 275300 206409 57979 10912 17157 17157 39223 39223 47586 47586 45577 45577 124782 119757 5025 87808 60042 24715 3051 68242 46787 21455 134300 118689 12489 3122 49050 49050 770553 691925 62902 15726 99141 89025 8093 2023 INSTRUCTIONAL EXPENSES 298925 298925 TRANSPORTATION 143604 143604 CAFETERIA 140741 132297 7037 1407 EQUIPMENT 95085 88273 5450 1362 141132 67322 48580 25230 8954053 7129612 1568162 256279 782145 491293 2703908 1533795 3756311 3730392 21580 25275 66536 56765 20426846 13484054 6262938 6942792 15837334 17679913 90132 151990 29520884 30612215 546385 741763 5367375 5332624 2067162 1796313 90132 99103 8071054 7969803 X 17318147 18442770 4131683 4199642 21449830 22642412 29520884 30612215 -1175 1193757 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15837530 399999 1842390 400000 17679919 10521697 376049 5314784 375000 15837530 9536420 408949 986328 410000 10521697 10602954 476462 -1282996 260000 9536420 8179579 664595 2111506 352726 10602954 0.85436 0.14564 0.00000 0 0 1424666 1424666 16113095 12042212 4070883 1184706 1106748 77958 1704379 335094 1369285 6942792 DEFERRED COMPENSATION 99103 99103 X 8516292 1193757 -1582757 -389000 8905292 47586 47586 8952878 7323710 39563 39563 7284147 47586 1622320 1669906 8954053 PART X, LINE 2: N/A PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 39,563. FINANCIAL AID -1,622,320. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 39,563. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,622,320. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 INCLUDED IN ALL ADMISSIONS ADVERTISING AND ON THE SCHOOL'S WEBSITE HOMEPAGE. SCHEDULE E, PART I, LINE 6 THE SCHOOL APPLIED FOR AND RECEIVED FUNDING FROM THE EMPLOYEE RETENTION TAX CREDIT (ERC) UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT. DURING THE YEAR ENDED JUNE 30, 2025, THE SCHOOL RECOGNIZED INCOME UNDER THIS PROGRAM TOTALING $306,031. THE SCHOOL DOES NOT OTHERWISE RECEIVE FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY. 1 FINANCIAL AID 123 1622320 FAIR VALUE TUITION DISCOUNT PART I, LINE 2: WILLIAMS UTILIZES CLARITY TO PROCESS FINANCIAL AID APPLICATIONS. CLARITY PROVIDES THE SCHOOL WITH AN ESTIMATED AMOUNT EACH FAMILY CAN CONTRIBUTE TO EDUCATIONAL EXPENSES. THE BOARD OF TRUSTEES APPROVES THE TOTAL AMOUNT OF FINANCIAL AID TO BE AWARDED AND THE FINANCIAL AID COMMITTEE DISTRIBUTES THE AWARDS TO THE FAMILIES. X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MARK FADER HEAD OF SCHOOL 263730 0 44807 0 39750 0 27486 0 56866 0 432639 0 0 0 SHARON GAUDREAU ASST. HEAD OF SCHOOL FOR ENROLLMENT 123212 0 6849 0 556 0 13120 0 18007 0 161744 0 0 0 JANE HANNON ASST. HEAD OF SCHOOL FOR TEACHING/LE 115179 0 6849 0 1862 0 12300 0 19293 0 155483 0 0 0 MICHAEL ALAN LAWTON DIRECTOR OF FACILITES 124656 0 0 0 0 0 12813 0 13772 0 151241 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL'S COMPENSATION INCLUDES A HOUSING ALLOWANCE, SOCIAL CLUB DUES, AND A GROSS UP FOR HIS BONUS. THESE AMOUNTS ARE INCLUDED AS TAXABLE COMPENSATION IN COLUMNS (II) AND (III), AS APPROPRIATE. 35000 NEEDS-BASED FINANCIAL AID AND MERIT AWARDS FINANCIAL ASSISTANCE BONNER ELECTRIC TRUSTEE'S BUSINESS 109193 ELECTRICAL SERVICES 0 XENELIS CONSTRUCTION TRUSTEE'S BUSINESS 206625 CONSTRUCTION SERVICES 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE THE POWERS OF THE BOARD OF TRUSTEES IN THE INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE MAY ACT, ON BEHALF OF THE BOARD OF TRUSTEES, ON ALL MATTERS EXCEPT ANY MATTER THAT EITHER: (A) IN THE OPINION OF THE EXECUTIVE COMMITTEE SHOULD AWAIT THE NEXT MEETING OF THE BOARD OF TRUSTEES; OR (B) CONSTITUTES A FUNDAMENTAL MATTER. ALL ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE DEEMED THE ACTION OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL, WITHIN THREE (3) DAYS OF TAKING ANY ACTION DEEMED TO BE THE ACTION OF THE BOARD OF TRUSTEES, NOTIFY THE MEMBERS OF THE BOARD OF TRUSTEES OF SUCH ACTION. IN ADDITION, AT EACH MEETING OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL REPORT ACTION TAKEN BY IT, IF ANY, SINCE THE PREVIOUS MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW AND QUESTIONS PRIOR TO FINALIZATION AND FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CERTIFICATIONS OF ACKNOWLEDGEMENT ARE REQUIRED FROM OFFICERS, TRUSTEES, AND KEY EMPLOYEES TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. IN ADDITION, THE BUSINESS OFFICE MONITORS THE USAGE OF VENDORS AND CONTRACTORS TO ENSURE INDEPENDENCE. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE PRESIDENT OF THE BOARD SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE SCHOOL CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE SCHOOL'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY A REVIEW OF PEER SCHOOL SALARIES. THIS INFORMATION IS OBTAINED FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS). IN ADDITION, THE 990 FORMS OF PEER SCHOOLS ARE REVIEWED. THE INFORMATION IS PRESENTED TO, AND APPROVED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION FOR THE CHIEF FINANCIAL OFFICER IS DETERMINED BY THE HEAD OF SCHOOL THROUGH BENCHMARKING STATISTICS PROVIDED BY NAIS. IN ADDITION, PEER SCHOOL SALARIES ARE OBTAINED FOR COMPARISON PURPOSES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES IS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE FILING YEAR.