2025-11-12T14:34:11-06:00 2024-12-31 010494526 Baker Newman & Noyes PO Box 507 Portland ME 04112 990 2024-09-01 352580434 Timanous Foundation TIMA 2076554569 PO Box 99 Raymond ME 04071 William A Leece Treasurer 2076554569 2025-11-11 1 0 Connor Smart P02285543 2078792100 2025-11-11 2024 2025-03-06 01:10:19Z Camp Timanous John H Suitor III PO Box 99 Raymond ME 04071 535788 0 X https://www.timanous.org/ X 2016 ME Timanous Foundation is dedicated to providing a camp life that builds character and has lasting value for every boy. 15 15 66 17 0 0 1092289 439087 1696664 7570 319754 79531 0 0 3108707 526188 221440 200 0 0 690199 127252 0 0 30293 887485 186303 1799124 313755 1309583 212433 11489362 13133327 724488 2161868 10764874 10971459 X Timanous Foundation is dedicated to providing a camp life that builds character and has lasting value for every boy. 0 0 151616 200 7570 Timanous Foundation was created to operate Camp Timanous, a boys' overnight summer camp located in Southern Maine. As a nonprofit organization, the Foundation is committed to ensuring that the camp remains loyal to its enduring and traditional ideals.The Foundation is dedicated to providing a camp life that builds character and has lasting value for every boy. This camp life features:- Simple, active living in a rustic environment- Deep respect for the rights and self-worth of every individual- Holistic growth of body, mind and spiritThe Foundation supports this camp life by fostering high standards for counselors as role models and leaders; maintaining generational continuity of the camp community; and committing to expand our community to include more economically and demographically diverse populations. 151616 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 66 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X John H Suitor III Consulting Director 2076554569 PO Box 99 Raymond ME 04071 Will Cook Trustee (start 7/2024) 15.00 X 0 0 0 Kelly Dietel Trustee 15.00 X 0 0 0 Vinny Dotoli Trustee 15.00 X 0 0 0 Fred Hollister Trustee 15.00 X 0 0 0 Jeanette Michael Trustee 15.00 X 0 0 0 Timothy Morningstar Trustee 15.00 X 0 0 0 Dave Suitor Trustee 15.00 X 0 0 0 Kara Van Norden Trustee 15.00 X 0 0 0 Alan Washington Trustee 15.00 X 0 0 0 Bruce Wimberly Trustee 15.00 X 0 0 0 Linda McGorrill Suitor Trustee/Assistant Interim Director 15.00 X X 0 0 0 Craig MacDonnell Chairman 15.00 X X 0 0 0 Michael Prior Vice Chairman 15.00 X X 0 0 0 Bill Leece Treasurer 15.00 X X 0 0 0 Will Mayer Secretary 15.00 X X 0 0 0 John H Suitor III Consulting Director 15.00 X 15000 0 0 Garth Altenburg Former Director 0.00 X 125460 0 32518 140460 0 32518 1 1 0 0 Warren Construction Group Inc 36 Rymat Road Topsham ME 04086 Constuction services 607574 1 439087 19843 439087 Tuition & Fees 721210 7570 7570 7570 89131 89131 9600 -9600 -9600 -9600 526188 7570 0 79531 200 200 12000 6000 4800 1200 102103 31743 53754 16606 1461 129 1332 3289 3289 8399 2522 4653 1224 1195 1195 18110 18110 7063 7063 9801 4779 4998 24 18228 3054 11185 3989 7618 4174 474 2970 49492 49492 4793 836 1493 2464 2176 360 1816 5203 5203 36408 36408 17192 5007 12185 Professional Dues 5041 5041 Camp Youth Programs 3983 3983 313755 151616 131846 30293 X 309072 309031 281197 392907 479339 328838 14741 1246231 20761 27739 5081000 465193 4009892 4615807 5989849 5829701 384511 383073 11489362 13133327 227537 225666 1443530 496951 492672 724488 2161868 X 7058314 7355510 3706560 3615949 10764874 10971459 11489362 13133327 212433 -5848 0 X 0 0 0 X 3009041 703056 573044 1092289 439087 5816517 3009041 703056 573044 1092289 439087 5816517 1506065 4310452 51123 102516 156556 270763 89131 670089 6486606 6159989 0.66450 0.66360 X Form 990, Schedule A, Part II, Short Year During the year ending December 31, 2024, the Foundation changed its tax filing period from an August 31st year-end to a December 31st year-end. Accordingly, on this Foundation's Schedule A, Public Support Test, the 2024 tax year column represents a short tax year due to a change in accounting period. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 2465 0 0 0 2465 0 Part II-B, Line 1: The Foundation pays dues and membership fees to various professional associations designed to promote youth health and recreation. Some of these associations may allocate a portion their membership fees for lobbying expenditures. In its tax year ending December 31, 2024, the Foundation paid the Maine Youth Camp Association (MYCA) total dues of $2,465. As of the time of filing this Form 990, the Foundation has been unable to determine an exact amount or percentage of the dues paid during the tax year that were available for lobbying purposes. However, based on its historic relationship with the Association, the Foundation estimates that only a very nominal portion, if any, of the total dues paid this tax year were available for lobbying expenditures. For transparency purposes, the Foundation is disclosing the total dues paid during this tax period on this Form 990, Schedule C. In reality, the actual amount made available for lobbying expenditures may have been less. 3095201 25473 720 3119954 2527007 223178 413436 68420 3095201 2178525 199744 213076 64338 2527007 2293295 147712 -212493 49989 2178525 940648 1248043 187563 82959 2293295 0.06300 0.77980 0.15720 0 0 2150000 2150000 1463965 465193 998772 392001 392001 1075034 1075034 4615807 Economic Injury Disaster Loan 492672 492672 Part V, Line 4: The Foundation's endowment is used to provide camperships to the camp for children of need. X X X X 1 0 0 0 0 0 0 1 0 Garth Altenburg Former Director 82460 0 3000 0 40000 0 6557 0 25961 0 157978 0 0 0 Part I, Line 4a Garth Altenburg served the Foundation as its Camp Director through August 2024. In accordance with Mr. Altenburg's separation agreement with the Foundation, he received severance compensation of $40,000 upon his retirement from this position. In compliance with IRS Instructions, this separation payment has therefore been disclosed on this Form 990, Schedule J, Part II, Column B(iii) as Other Compensation. This 2024 Form 990, for the period ending December 31, 2024, is a short year tax filing due to the Foundation changing its accounting period. Accordingly, as Mr. Altenburg was compensated during the 2024 Calendar Year, and because his employment ended in the Foundation's previous tax year ending August 31, 2024, he has been designated as a "Former Officer" on this Form 990, Part VII, and Schedule J. In accordance with IRS Instructions, the compensation and benefits reported for Mr. Altenburg on this Form 990, Part VII and Schedule J, is based on his full 2024 Form W-2 wages, though all such expense was accrued in accounting period ended in August but was paid off beyond that date. Part I, Line 7 The Organization may from time-to-time provide non-fixed payments in the form of bonuses, incentive awards, and incentive pay, based on measurable performance metrics and subject to standard compensation review and approval procedures. Form 990, Part VI, Section A, line 2 Two of the Foundation's trustees, David Suitor and Linda McGorrill Suitor, have a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by the organization's outside CPA firm and a draft is provided to each board member for review prior to filing. Form 990, Part VI, Section B, line 12c 1. Duty to Disclose: In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and all material facts to the board of trustees. 2. Determining Whether a Conflict of Interest Exists: After disclosure of the financial interest and all material facts, the disinterested members of the board of trustees outside of the presence of the interested person shall decide if a conflict of interest exists. 3. Procedures for Addressing the Conflict of Interest: a. An interested person may make a presentation about the transaction or arrangement in which he/she has a conflict of interest at the board of trustees meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving a conflict of interest. b. When a conflict of interest has been determined, the chairperson of the board of directors 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 of trustees shall determine whether the Foundation 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 of trustees shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Foundation'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 Director Altenburg's salary package was established after a review of comparable other positions in the Maine camping industry, and was approved by the Chairman and the Vice-Chairman of the board. Form 990, Part VI, Section C, line 19 These documents are available upon request. Form 990, Part X, Line 19: The Foundation is reporting an increase in deferred revenue liabilities on this short year Form 990. This increase in deferred revenue relates to early camper registrations, to be realized in the summer season.