Nonprofit · EIN 06-0646921
TAFT SCHOOL CORPORATION
Tax-exempt · WATERTOWN, CT 06795
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $122,752,450 | $68,406,313 | $54,346,137 | $530,630,018 | $66,602,095 | $464,027,923 |
| June 30, 2024 | 990 | $80,362,023 | $65,837,521 | $14,524,502 | $493,572,563 | $64,460,191 | $429,112,372 |
| June 30, 2023 | 990 | $72,655,289 | $63,893,459 | $8,761,830 | $466,785,212 | $64,668,062 | $402,117,150 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $25,152,151
- Program service revenue
- $43,368,442
- Investment income
- $53,557,205
- Net gain from sales of assets
- $49,632,074
- Net income from sales of inventory
- $148,583
- Other revenue
- $674,652
Expenses
- Grants and similar amounts paid
- $11,076,555
- Compensation of officers, directors and key employees
- $1,816,870
- Other salaries and wages
- $19,516,113
- Salaries, compensation and benefits (total)
- $30,381,041
- Professional fundraising fees
- $214,511
- Legal fees
- $527,590
- Accounting fees
- $91,662
- Occupancy
- $3,238,708
- Travel
- $693,243
- Depreciation
- $6,329,504
- Program services (functional)
- $56,374,375
- Management and general (functional)
- $8,038,731
- Fundraising (functional)
- $3,993,207
Balance sheet and other
- Total assets, start of year
- $493,572,563
- Total assets, end of year
- $530,630,018
- Total liabilities, end of year
- $66,602,095
- Net assets, end of year
- $464,027,923
- Land, buildings and equipment
- $123,465,484
- Publicly traded securities
- $48,004,027
- Net assets without donor restrictions
- $200,982,464
- Net assets with donor restrictions
- $263,045,459
- Gross unrelated business income
- $257,464
- Gross receipts
- $797,769,112
- Employees
- 399
- Volunteers
- 29
- Year formed
- 1930
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER BECKER | PRES./HEAD OF SCHOOL Officer | 40 | $500,562 | $164,601 |
| WILLIAM MACMULLEN | FORMER PRES./HEAD OF SCHOOL Former | 40 | $394,228 | $76,570 |
| JOHN H ODDEN | CFO Officer | 40 | $321,187 | $124,567 |
| ARTHUR L CRIMMINS | CHIEF ADVANCEMENT OFFICER Key employee | 40 | $287,823 | $84,332 |
| DAVID JEREMY LACASSE | ASSIST. HEAD OF SCHOOL FOR STUDENT LIFE Key employee | 40 | $182,381 | $125,042 |
| KAITLIN ORFITELLI | DIR. OF MARKETING & COMMUN Highest-paid employee | 40 | $170,051 | $122,624 |
| KIERSTEN CHAPMAN MARICH | SENIOR DIRECTOR OF ADVANCEMENT Highest-paid employee | 40 | $161,187 | $71,332 |
| ALVIN I REIFF JR | MATHEMATICS DEPT. HEAD, TEC DIRECTOR Highest-paid employee | 40 | $161,199 | $49,498 |
| HEIDI LEATHERMAN | CONTROLLER Highest-paid employee | 40 | $174,235 | $31,503 |
| RICHARD J GALIETTE | DIRECTOR OF MAJOR & PLANNED GIFTS Highest-paid employee | 40 | $167,600 | $4,770 |
| SARKIS D IZMIRLIAN II | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| ERNEST O KWARTENG | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| AMISH H MEHTA | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JONATHAN D ALBERT | TRUSTEE (OUTGOING 04/25) Trustee or director | 0.5 | $0 | $0 |
| EMILY PAVIOUR BAKEMEIR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUPRIYA BALSEKAR BOOTH | TRUSTEE Trustee or director | 0.5 | $0 |
| PETER C BOWDEN | TRUSTEE Trustee or director | 0.5 | $0 |
| HENRY G BRAUER | TRUSTEE Trustee or director | 0.5 | $0 |
| DIANA SANDS CALVARUSO | TRUSTEE Trustee or director | 0.5 | $0 |
| KATAMA GUERNSEY EASTMAN | TRUSTEE Trustee or director | 0.5 | $0 |
| J KINGMAN GORDON | TRUSTEE Trustee or director | 0.5 | $0 |
| MICHAEL M HUMPHREYS | TRUSTEE Trustee or director | 0.5 | $0 |
| JOYCE KWOK | TRUSTEE Trustee or director | 0.5 | $0 |
| ROGER H LEE | TRUSTEE Trustee or director | 0.5 | $0 |
| NAVID A MAHMOODZADEGAN | TRUSTEE Trustee or director | 0.5 | $0 |
| AMANDA C MCGOVERN | TRUSTEE Trustee or director | 0.5 | $0 |
| PAUL T MCGOWAN | TRUSTEE Trustee or director | 0.5 | $0 |
| ANTHONY W PASQUARIELLO | TRUSTEE Trustee or director | 0.5 | $0 |
| DR EMILY ISRAEL PLUHAR | TRUSTEE Trustee or director | 0.5 | $0 |
| DR JOHN K RIGGINS JR | TRUSTEE Trustee or director | 0.5 | $0 |
| ROBERT F SAVAGE JR | TRUSTEE Trustee or director | 0.5 | $0 |
| DAVID SIM | TRUSTEE Trustee or director | 0.5 | $0 |
| DYLAN T SIMONDS | TRUSTEE Trustee or director | 0.5 | $0 |
| LOUIS SO | TRUSTEE Trustee or director | 0.5 | $0 |
| KATE GENUNG TAYLOR | TRUSTEE Trustee or director | 0.5 | $0 |
| JEFFREY M WALSH | TRUSTEE Trustee or director | 0.5 | $0 |
| ROBIN WANG | TRUSTEE Trustee or director | 0.5 | $0 |
| CHARLES E WATSON | TRUSTEE Trustee or director | 0.5 | $0 |
| SCOTT G WILLARD | TRUSTEE Trustee or director | 0.5 | $0 |
| JOANNE K ZIESING | TRUSTEE Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MACMULLEN | FORMER PRES./HEAD OF SCHOOL EFF 7/1/23 Former | 40 | $804,028 | $135,221 |
| JOHN H ODDEN | CFO Officer | 40 | $293,387 | $99,350 |
| ARTHUR L CRIMMINS | CHIEF ADVANCEMENT OFFICER Key employee | 40 | $277,944 | $83,545 |
| PETER BECKER | PRESIDENT/HEAD OF SCHOOL EFF 7/1/23 Officer | 40 | $242,834 | $94,088 |
| EDITH F TRAINA | ASSIST. HEAD OF SCHOOL FOR FACULTY & ACADEMICS Key employee | 40 | $188,430 | $144,077 |
| DAVID JEREMY LACASSE | ASSIST. HEAD OF SCHOOL FOR STUDENT LIFE Key employee | 40 | $169,941 | $120,497 |
| KAITLIN ORFITELLI | DIR. OF MARKETING & COMMUNICATIONS Highest-paid employee | 40 | $162,711 | $120,575 |
| PETER A FREW | DIR. OF ADMISSIONS Highest-paid employee | 40 | $186,690 | $63,396 |
| JAMES SHEPERD | DIRECTOR OF FACILITIES Highest-paid employee | 40 | $152,734 | $76,009 |
| SUSAN HEREBY | LEGAL COUNSEL Highest-paid employee | 40 | $163,153 | $62,060 |
| HEIDI LEATHERMAN | CONTROLLER Highest-paid employee | 40 | $163,620 | $30,656 |
| SARKIS D IZMIRLIAN | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| ERNEST O KWARTENG | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| AMISH H MEHTA | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JONATHAN D ALBERT | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SUPRIYA BALSEKAR BOOTH | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PETER CBOWDEN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| HENRY G BRAUER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DIANA SANDS CALVARUSO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| FOSTER CHIANG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KATAMA GUERNSEY EASTMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ICY H FRANTZ | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| J KINGMAN GORDON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MICHAEL M HUMPHREYS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ROGER LEE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHARMAINE S LESTER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MR NAVID A MAHMOODZADEGAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| AMANDA C MCGOVERN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PAUL T MCGOWAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ANTHONY W PASQUARIELLO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| E MARC PINTO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| EMILY ISRAEL PLUHAR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOHN K RIGGINS JR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ROBERT F SAVAGE JR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DYLAN SIMONDS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KATE GENUNG TAYLOR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JEFFREY M WALSH | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| NANA CHIU WANG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ROBIN WANG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SCOTT G WILLARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOANNE K ZIESING | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MACMULLEN | PRESIDENT/HEAD OF SCHOOL Officer | 40 | $470,840 | $156,495 |
| JOHN H ODDEN | ASST TREASURER/ASST SECRET Officer | 40 | $260,706 | $137,218 |
| ARTHUR L CRIMMINS | DIR. OF DEVELOPMENT Key employee | 40 | $267,961 | $76,674 |
| EDITH F TRAINA | DEAN OF FACULTY Highest-paid employee | 40 | $183,956 | $106,466 |
| KAITLIN ORFITELLI | DIR. OF MARKETING & COMMUN Highest-paid employee | 40 | $157,041 | $119,538 |
| PETER A FREW | DIR. OF ADMISSIONS Highest-paid employee | 40 | $176,909 | $54,117 |
| DIANE FOUNTAS | DIR. OF HEALTH CENTER Highest-paid employee | 40 | $195,564 | $34,871 |
| HEIDI LEATHERMAN | CONTROLLER Highest-paid employee | 40 | $156,167 | $28,399 |
| GRANT A PORTER | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| SARKIS D IZMIRLIAN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| ICY H FRANTZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| AMISH H MEHTA | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JONATHAN D ALBERT | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SUPRIYA BALSEKAR BOOTH | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PETER CBOWDEN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| HENRY G BRAUER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| DIANA SANDS CALVARUSO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| FOSTER CHIANG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KATAMA GUERNSEY EASTMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| J KINGMAN GORDON | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| NIKKI MAYHEW GREENE | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MICHAEL M HUMPHREYS | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ERNEST O KWARTENG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| CHARMAINE S LESTER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MR NAVID A MAHMOODZADEGAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| AMANDA C MCGOVERN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| PAUL T MCGOWAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ANTHONY W PASQUARIELLO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| E MARC PINTO | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOHN K RIGGINS JR | ALUMNI TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JACQUELINE L ROSA | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ROBERT F SAVAGE JR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| KATE GENUNG TAYLOR | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MARGARET FITZGERALD WAGNER | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| NANA CHIU | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| MRS ROBIN WANG | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| ABRA PRENTICE WILKIN | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| SCOTT G WILLARD | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
| JOANNE K ZIESING | TRUSTEE Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 110 WOODBURY RD, WATERTOWN, CT 06795-2130
- Principal officer (990 for 2024)
- PETER BECKER, 110 WOODBURY RD, WATERTOWN, CT 06795
- Signed the 990
- JOHN H ODDEN, CFO
- Phone
- (860) 945-7777
- Website
- WWW.TAFTSCHOOL.ORG
- Return prepared by
- CLIFTONLARSONALLEN
Mission
THE MISSION OF THE SCHOOL IS TO EDUCATE THE WHOLE STUDENT.
Program accomplishments
- PROVIDE EDUCATION SERVICES AND SUPPORT FOR APPROXIMATELY 575 STUDENTS IN GRADES NINE THROUGH POST-GRADUATE IN A BOARDING AND DAY SETTING.Expenses $56,374,375 · grants $11,076,555 · revenue $43,553,972
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-0646921
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $530,630,018
- Income (IRS master file)
- $797,769,112
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $122,752,450 | $68,406,313 | $530,630,018 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $80,362,023 | $65,837,521 | $493,572,563 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $72,655,289 | $63,893,459 | $466,785,212 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $83,525,324 | $59,337,990 | $447,949,060 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-0646921).
Questions about TAFT SCHOOL CORPORATION
- What is the EIN of TAFT SCHOOL CORPORATION?
- The employer identification number (EIN) of TAFT SCHOOL CORPORATION is 06-0646921.
- Is TAFT SCHOOL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to TAFT SCHOOL CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TAFT SCHOOL CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TAFT SCHOOL CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TAFT SCHOOL CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TAFT SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 names PETER BECKER.
- Who are the officers and directors of TAFT SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 lists 40 people; 10 received compensation from the organization, the highest $500,562 (PETER BECKER, PRES./HEAD OF SCHOOL).
- How much revenue does TAFT SCHOOL CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $122,752,450, expenses of $68,406,313 and total assets of $530,630,018 at year end.
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