2013-05-13T15:57:14-05:00 2012-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2012-01-01 231718197 KRIPALU CENTER FOR YOGA & HEALTH KRIP 4134483169 PO BOX 309 STOCKBRIDGE MA 01262 RICHARD FAULDS 4134483169 2013-05-10 1 THOMAS WASHBURN CPA P00537319 5083669100 2013-05-06 2012 2016-02-24 21:20:13Z KRIPALU CENTER RICHARD FAULDS PO BOX 309 STOCKBRIDGE MA 01262 37603130 0 X WWW.KRIPALU.ORG X 1966 PA ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND SOCIETY BY TEACHING THE ART AND SCIENCE OF YOGA.ACTIVITIES: (1) OPERATE A RESIDENTIAL, YOGA-BASED RETREAT, PROGRAM, AND HEALING CENTER WITH THE CAPACITY TO HOUSE APPROXIMATELY 600 OVER-NIGHT PARTICIPANTS; (2) TRAIN YOGA TEACHERS AND OTHER HOLISTIC PROFESSIONALS; AND (3) OFFER A RANGE OF HOLISTIC HEALTH AND HEALING SERVICES. 16 15 548 1532 520225 45212 1224963 1407685 27462748 28818143 314660 464290 1658430 1815554 30660801 32505672 305841 155310 0 0 13656244 15435015 14997 11485 379852 13872008 14473451 27849090 30075261 2811711 2430411 44061614 47182003 25015436 25367700 19046178 21814303 X AS STATED IN THE BYLAWS, THE FOLLOWING MISSION SHOULD INFORM AND GUIDEALL DECISIONS MADE BY THE BOARD OF TRUSTEES AND MANAGEMENT: (1) ADVANCE THE PHYSICAL, MENTAL, EMOTIONAL, AND SPIRITUAL WELL-BEING OF INDIVIDUALS AND UPLIFT SOCIETY BY PROMOTING THE ART AND SCIENCE OF YOGA; (2) PROMOTE OTHER APPROACHES TO LIFE THAT INTEGRATE BODY, MIND, AND SPIRIT THROUGH PRACTICES AND BELIEFS SIMILAR TO YOGA; (3) PROMOTE TRADITIONAL AND CONTEMPORARY HEALING MODALITIES THAT INTEGRATE BODY, MIND, AND SPIRIT AND CULTIVATE WELL-BEING; (4) PROMOTE THE PHILOSOPHY OF SANATANA DHARMA (THE PERENNIAL WISDOM) WHICH EMBRACES ALL BENEFICIAL APPROACHES TO LIFE AND PROPOUNDS THE UNIVERSAL BROTHERHOOD AND SISTERHOOD OF HUMANKIND; AND (5) ENGAGE IN OTHER ACTIVITIES INCIDENTAL OR RELATED TO THE ABOVE PURPOSE THAT ARE NOT PROHIBITED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR ANY OTHER LAWS. 0 0 18884738 21970879 EDUCATIONAL PROGRAMS, SEMINARS AND RETREATS:KRIPALU OFFERS A CURRICULUM OF 722 EDUCATIONAL PROGRAMS, SEMINARS, AND SPIRITUAL RETREATS ATTENDED BY OVER 34,400 INDIVIDUALS EACH YEAR. KRIPALU'S PROGRAM FACULTY INCLUDES WORLD-RENOWNED TEACHERS ALONG WITH PROMINENT VISIONARIES, AUTHORS, ARTISTS, AND INSPIRATIONAL SPEAKERS. ALSO ON THE FACULTY ARE MANY YOGA AND MEDITATION INSTRUCTORS, PERSONAL GROWTH WORKSHOP LEADERS, HOLISTIC HEALTH EXPERTS, LIFE COACHES, AND OTHERS WITH A CLOSE AND REGULAR AFFILIATION TO THE ORGANIZATION. ALL KRIPALU'S PROGRAMS ARE DESIGNED OR CAREFULLY SELECTED TO SERVE THE ORGANIZATION'S MISSION AND MEET THE NEEDS OF A BROAD SPECTRUM OF PEOPLE, RANGING FROM BEGINNERS TO ADEPTS. AN EDUCATIONAL CURRICULUM WITH TREMENDOUS BREADTH AND DEPTH FLOWS NATURALLY FROM THE ORGANIZATION'S GUIDING MISSION THAT EMBRACES ALL SYSTEMS AND TECHNIQUES THAT HELP HARMONIZE BODY, MIND, AND SPIRIT, AND RETURN INDIVIDUALS TO THE SENSE OF VIBRANCY AND LIFE PURPOSE THAT IS THEIR BIRTHRIGHT.SOME PROGRAMS AND WORKSHOPS DRAW FROM THE WORLD'S GREAT WISDOM TRADITIONS WHILE OTHERS ARE BASED ON EMERGING SCIENCE AND THE PIONEERING WORK OF CONTEMPORARY TEACHERS. EVERY KRIPALU PROGRAM WILL BRING PARTICIPANTS INTO THE PRESENCE OF A LEADING FIGURE IN HIS OR HER FIELD, EXPOSE THEM TO THE ORGANIZATION'S MISSION THROUGH THE EXPERIENTIAL EDUCATION FOR WHICH IT HAS BECOME RENOWNED, AND INVITE THEM TO EXPLORE AND CELEBRATE THE WONDER AND MYSTERY OF LIFE.EVERY KRIPALU PROGRAM ALSO OFFERS AN IMMERSION EXPERIENCE IN A HOLISTIC ENVIRONMENT DEDICATED TO HEALTH, WELL-BEING, AND PERSONAL TRANSFORMATION. THE EXPERIENCE OF STUDENTS IS CONSIDERABLY ENHANCED BY KRIPALU'S SCHEDULE OF MORNING, MID-DAY, AND AFTERNOON YOGA AND MOVEMENT CLASSES, A VARIETY OF EVENING PROGRAM OFFERINGS, A NATURAL FOODS DIET, BEAUTIFUL SURROUNDINGS AND NEARBY WALKING TRAILS, AND THE OPPORTUNITY TO INTERACT WITH A COMMUNITY OF LIKE-MINDED PEOPLE AND YOGA PRACTITIONERS.IN ADDITION TO THE CONTENT OF THE 722 EDUCATIONAL PROGRAMS AND RETREATS OFFERED EACH YEAR, THE ORGANIZATION OFFERS WORKSHOP AND RETREAT PARTICIPANTS OVER 2,400 YOGA CLASSES, 1,200 PERSONAL GROWTH AND OTHER CLASSES, AND 400 DANCE AND MOVEMENT CLASSES, 500 OUTDOOR ACTIVITIES, AND 100 ARTISTIC PERFORMANCES. 3707106 59884 3618076 PROFESSIONAL TRAININGS:FOR OVER FORTY YEARS, KRIPALU HAS BEEN HELPING PEOPLE BECOME EFFECTIVE EDUCATORS, TEACHERS AND SENSITIVE HEALERS THROUGH A CURRICULUM OF RESIDENTIAL CERTIFICATION PROGRAMS. KRIPALU'S PROFESSIONAL TRAININGS CURRENTLY INCLUDE: THE KRIPALU SCHOOL OF YOGA, AND THE KRIPALU SCHOOL OF AYURVEDA, EACH OF WHICH IS A PROPRIETARY SCHOOL LICENSED BY THE MASSACHUSETTS DEPARTMENT OF EDUCATION.KRIPALU'S PROFESSIONAL TRAINING CURRICULUM BLENDS HIGH-QUALITY CONTENT WITH AN EXPERIENTIAL APPROACH TO LEARNING. STUDENTS ARE PROVIDED ABUNDANT OPPORTUNITIES TO PUT THE THEORY COVERED IN THE MANUALS AND CLASSROOM INTO ACTUAL PRACTICE. THE TRAINING EXPERIENCE IS CONSIDERABLY ENHANCED BY KRIPALU'S UNIQUE SETTING, WHICH PROVIDES AN IMMERSION EXPERIENCE IN A HOLISTIC ENVIRONMENT DEDICATED TO HEALTH, WELL-BEING,AND PERSONAL TRANSFORMATION. GRADUATES RETURN HOME READY TO OFFER THEIR NEWLY ACQUIRED SKILLS TO THEIR COMMUNITIES, CREATING A CAREER THEY LOVE THAT SERVES THE WELL-BEING OF OTHERS. GRADUATES DRAW SUSTENANCE FROM LONG-LASTING FRIENDSHIPS FORMED IN THE TRAINING AND CAN ALSO CHOOSE TO JOIN A SUPPORTIVE PROFESSIONAL NETWORK. KRIPALU SUPPORTS A GLOBAL PROFESSIONAL ASSOCIATION OF YOGA TEACHERS AND YOGA STUDIOS WITH A MEMBERSHIP OF MORE THAN 2,200 MEMBERS. THESE TEACHERS OFFER YOGA CLASSES AND A RANGE OF OTHER EDUCATIONAL AND HEALTH-PROMOTING SERVICES THAT TOUCH THE LIVES OF THOUSANDS OF INDIVIDUALS ON A WEEKLY BASIS. NETWORK MEMBERS RECEIVE A WIDE-RANGE OF CONTINUING EDUCATION BENEFITS INCLUDING INSPIRATIONAL NEWSLETTERS AND AUDIO RECORDINGS, ACCESS TO TEACHING GRANTS, LIABILITY INSURANCE, BUSINESS AND MARKETING TOOLS, ONLINE SUPPORT, AND AN ANNUAL CONFERENCE HELD AT KRIPALU CENTER.IN 2012, OVER 1,000 INDIVIDUALS PARTICIPATED IN KRIPALU'S PROFESSIONAL TRAINING PROGRAMS. IN ADDITION, KRIPALU PROVIDED 67 GRANTS TOTALING$59,884 TO PROVIDE YOGA EDUCATION TO UNDERSERVED POPULATIONS IN 2012. THESE GRANTS ENABLE CERTIFIED YOGA TEACHERS AND SCHOOL TEACHERS TO ASSIST A WIDE RANGE OF PEOPLE IN NEED INCLUDING RACIAL AND ETHNIC MINORITIES, CANCER PATIENTS, VICTIMS OF DOMESTIC VIOLENCE, AT-RISK CHILDREN AND YOUTH, PREGNANT MOTHERS, RESIDENTS OF HOMELESS SHELTERS, INMATES, AND MANY OTHER SUCH GROUPINGS. 2596990 2608335 HOLISTIC SERVICES AND HEALING ARTS:SINCE ITS INCEPTION, KRIPALU HAS BEEN A LEADER IN THE MOVEMENT TO INTEGRATE TRADITIONAL, ALLOPATHIC, AND ALTERNATIVE MEDICINE INTO A HOLISTIC APPROACH THAT EMPHASIZES THE POWER OF DIET, LIFESTYLE, AND NON-INVASIVE HEALING MODALITIES TO REGAIN/MAINTAIN GOOD HEALTH AND EMPOWERS PEOPLE TO REALIZE THEIR FULL POTENTIAL IN LIFE.IN 1975, KRIPALU BEGAN OFFERING HANDS-ON HEALING TREATMENTS TO HELP INDIVIDUALS JUMP START THEIR JOURNEY TO PHYSICAL HEALTH, PSYCHOLOGICAL GROWTH, AND SPIRITUAL AWAKENING. THIRTY-SEVEN YEARS LATER, KRIPALU CONTINUES TO OFFER A BROAD RANGE OF ONE-ON-ONE HEALING MODALITIES BECAUSE THEY HAVE PROVEN THEMSELVES HIGHLY EFFECTIVE. OVER THIS TIME PERIOD, MEDICAL RESEARCH HAS BEEN PERFORMED THAT INCREASINGLY VALIDATES THE EFFICACY OF A RANGE OF THESE TECHNIQUES, WHICH ARE DRAWN FROM TRADITIONAL HEALING SYSTEMS AND PIONEERS IN HOLISTIC HEALTH SCIENCE AND OFTEN REFERRED TO AS COMPLEMENTARY AND ALTERNATIVE MEDICINE.KRIPALU HEALING ARTS ARE A POWERFUL ADDITION TO ANY KRIPALU PROGRAM, PROVIDING AN EXPERIENCE OF THE SAME INTEGRATED FUNCTIONING OF BODY, MIND, AND SPIRIT SOUGHT THROUGH DISCIPLINES LIKE YOGA AND MEDITATION. MANY PEOPLE FIND THE HANDS-ON HELP AND PERSONAL GUIDANCE OF A HEALING ARTS THERAPIST ESSENTIAL TO LEARNING HOW TO ACCESS DEEP LEVELS OF RELAXATION AND SELF-ATTUNEMENT. AFTERWARDS, THEY ARE ABLE TO PRACTICE EFFECTIVELY ON THEIR OWN. EACH YEAR KRIPALU PROVIDES APPROXIMATELY 28,000 HOLISTIC SERVICES, ALL PERFORMED AT ITS PROGRAM AND RETREAT CENTER. 2254218 95426 1843648 OTHER PROGRAM SERVICES INCLUDE EXPENSES OF $1,219,933 (EXCLUDING OF COST OF GOODS SOLD) THAT RELATE TO OPERATION OF THE RETAIL SHOP, WHICH SERVES IN-HOUSE GUESTS BY PROVIDING AN INVENTORY OF PRODUCTS THAT DIRECTLY AND SUBSTANTIALLY SUPPORT THE EDUCATIONAL EXPERIENCE OFFERED IN KRIPALU'S PROGRAMS, WORKSHOPS AND RETREATS. REVENUE OF $1,316,987 (AFTER DEDUCTING COST OF GOODS SOLD) IS ASSOCIATED WITH THIS AREA.IN ADDITION, $765,987 IN EXPENSES ARE RELATED TO THE OPERATION OF THE INSTITUTE FOR EXTRAORDINARY LIVING, WHICH IS CONTINUING KRIPALU'S ESTABLISHED POSITION AS A PIONEER IN THE INTERFACE OF EASTERN CONTEMPLATIVE DISCIPLINES WITH WESTERN MEDICINE, PSYCHOLOGY, AND HEALTH SCIENCE. THE INSTITUTE IS COLLABORATING WITH THE PRESTIGIOUS BRIGHAM AND WOMEN'S HOSPITAL, AND MASSACHUSETTS GENERAL HOSPITAL IN RESEARCHING THE EFFECTIVENESS OF YOGA TRAINING ON OPTIMUM HEALTH AND IN VARIOUS SETTINGS, INCLUDING ITS IMPACT ON STUDENTS IN MIDDLE AND HIGH SCHOOL. 2254218 95426 1843648 27443052 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 390 0 1 548 1 1 1 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA PA X X JOHN O'NEILL 4134483169 57 INTERLAKEN ROAD STOCKBRIDGE MA 01262 MARCY BALTER 25.00 X X 0 0 0 DOROTHY COCHRANE 4.00 X 0 0 0 LISETTE COOPER 2.00 X 0 0 0 STEVE DINKELAKER 2.00 X 0 0 0 DAVID ELLNER 1.00 X 0 0 0 MARCIA Z FEUER 4.00 X 0 0 0 CHRISTINE FUCHS 2.50 X 0 0 0 STEPHEN GLICK PHD 3.00 X 0 0 0 SARAH HANCOCK 3.00 X 0 0 0 TIMOTHY M HENRY 2.00 X 0 0 0 JOAN KOPPERL 5.00 X 0 0 0 CAROL O'NEIL 5.00 X 0 0 0 MICHAEL PULITZER JR 2.00 X 0 0 0 JOHN E TAYLOR 6.00 X 0 0 0 RICHARD FAULDS 70.00 X X 191712 0 9050 SHARI GREENLEAF SEIDES 2.00 X 0 0 0 DAVID SURRENDA 70.00 X 254194 0 6903 DAVID LIPSIUS 50.00 X 167036 0 4671 JOHN O'NEILL 48.00 X 140557 0 7077 JILL SASSO-CURTIS 45.00 X 125205 0 8935 KAREN GROSSMAN 45.00 X 112558 0 727 JENNIFER WALLACE 48.00 X 36799 0 2174 TOM ROCCO 40.00 X 37294 0 9541 STEVEN COPE 45.00 X 122156 0 6417 DENISE BARACK 45.00 X 140587 0 5073 STEVEN HARTMAN 40.00 X 131902 0 4488 WENDY ADAM 40.00 X 119109 0 9490 DEBORAH MORGAN 40.00 X 118817 0 9753 1697926 0 84299 12 0 1 0 RED HAWK FIRE & SECURITY 32 CHAR DRIVE WESTFIELD MA 01085 CONSTRUCTION 856148 QUADGRAPHICS INC PO BOX 842858 BOSTON MA 022842858 PRINTING AND MAILING SERVICES 506668 MAROIS CONSTRUCTION CO INC 262 OLD LYMAN RD SOUTH HADLEY MA 01075 CONSTRUCTION 396524 ANDRUS POWER SOLUTIONS INC 690 PLEASANT ST LEE MA 01238 CONSTRUCTION 371709 LB CORPORATION 95 MARBLE STREET LEE MA 01238 CONSTRUCTION 322874 5 1407685 199396 1407685 RETREATS, EDUCATION AN 611600 25588955 25588955 HOLISTIC THERAPIES 812900 2940629 2608335 332294 ANCILLARY 611600 288559 288559 28818143 461181 -71741 532922 793 793 3046707 3041384 2214 5323 -2214 3109 3109 3619034 2053860 1565174 1316987 248187 EMPLOYEE MEALS 722210 147417 147417 OTHER REVENUE 900099 88057 88057 MAILING LIST RENTAL 541860 14113 2628 11485 249587 32505672 30040938 520225 536824 95426 95426 59884 59884 785832 397418 371530 16884 12220601 11589081 469136 162384 1175718 1113856 47799 14063 1252864 1160183 78324 14357 176278 175560 718 38416 21936 16480 82265 68506 13759 11485 11485 45142 43308 1834 74359 48252 21107 5000 2161916 2060268 33569 68079 129671 118997 6714 3960 208087 175298 11029 21760 3590 3590 1363372 1313112 48507 1753 107538 84941 5630 16967 22973 19546 2158 1269 954572 954572 1849106 1806411 42695 272555 192031 80524 UNRELATED BUSINESS INCO 10714 10714 CONTRACT FACULTY 2896013 2896013 CAMPUS OPERATIONS 2517594 2511372 6222 CREDIT CARD FEES 720402 714758 17 5627 838888 773305 29319 36264 30075261 27443052 2252357 379852 1516802 1898164 557740 519348 185793 79839 13527 13450 417618 460203 759237 529938 46646741 15542543 30056667 31104198 10301789 12338448 252441 238415 44061614 47182003 1728166 1746928 4292335 5307145 18794327 18146060 42492 19299 158116 148268 25015436 25367700 X 17704658 20346905 1337036 1462912 4484 4486 19046178 21814303 44061614 47182003 2430411 337713 0 X 0 1 X 1 0 X 1416021 1542070 1284343 1224963 1407685 6875082 23965898 22959667 26892130 28536925 30040938 132395558 25381919 24501737 28176473 29761888 31448623 139270640 0 0 0 139270640 534970 200790 137112 335511 461181 1669564 534970 200790 137112 335511 461181 1669564 10490 53169 89458 79055 248187 480359 25927379 24755696 28403043 30176454 32157991 141420563 0.98480 0.98290 0.01180 0.01530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 513818 31301 44406 63139 526386 531322 33875 -8708 42671 513818 352023 201951 25242 47894 531322 324770 55100 3651 31498 352023 391985 1980 8237 77432 324770 0.00850 0.99150 0 0 82489 82489 18801906 3810846 14991060 20757689 7326442 13431247 5054591 3004155 2050436 1950066 1401100 548966 31104198 RETIREMENT OBLIGATIONS 148268 148268 X 34850727 337713 -3590 334123 34516604 45142 -2056074 -2010932 32505672 32082602 2214 2053860 2056074 30026528 45142 3590 48732 30075260 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE POLICY OF THE ORGANIZATION IS TO RECOGNIZE INTEREST ACCRUED RELATED TO UNCERTAIN TAX POSITIONS IN INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NO SUCH EXPENSES IN 2012 OR 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: ROYALTIES EXPENSE NET WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS -3,590. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD NET WITH RETAIL SALES -2,053,860. LOSS ON DISPOSAL OF FIXED ASSETS -2,214. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 2,053,860. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTIES EXPENSE NET WITH REVENUE ON THE AUDITED FINANCIAL STATEMENTS 3,590. 1 BRIGHAM & WOMEN'S HOSPITAL 221 LONGWOOD AVE SUITE 438 BOSTON MA 021155804 042312909 503(C)(3) 53926 THE ORGANIZATION PROVIDES FUNDS TO SUPPORT SCIENTIFIC RESEARCH STUDIES IN THE BENEFITS OF YOGA BEING CONDUCTED. MASSACHUSETTS GENERAL HOSPITAL PO BOX 414876 BOSTON MA 02241 042697983 503(C)(3) 40000 RESEARCH SALARIES NEW ENGLAND SCHOOL OF ACUPUNCTURE 150 CALIFORNIA ST 3RD FLOOR NEWTON MA 02458 042720310 503(C)(3) 1500 CASH GRANTS TO PROVIDE TEACHING SERVICES.THE ORGANIZATION PROVIDES GRANT OPPORTUNITIES INCLUDING TEACHING FOR DIVERSITY GRANTS AWARDED TO CERTIFIED YOGA TEACHERS WHO AGREE TO TEACH YOGA, RELAXATION, MEDITATION AND STRESS MANAGEMENT CLASSES TO UNDERSERVED POPULATIONS INCLUDING CANCER SURVIVORS, CAREGIVERS, AND AT RISK POPULATIONS. FOR A COMPLETE LISTING OF THESE GRANTS, SEE HTTP://KRIPALU.ORG/PDFS/LIST BY STATE ON LETTERHEAD.PDF. PRIOR TO PAYMENT, GRANT RECIPIENTS MUST PROVIDE A LETTER OF ACKNOWLEDGEMENT FROM THE ORGANIZATION WHERE THE CLASSES WERE PROVIDED AND COMPLETE A GRANT EVALUATION FORM.A SECOND GRANT OFFERED BY THE ORGANIZATION IS THE RACHEL GREENE MEMORIAL FUND WHICH PROVIDES FULL OR PARTIAL SCHOLARSHIPS TO YOGA TEACHERS OR ELEMENTARY-SCHOOL CLASSROOM TEACHERS FOR DELIVERING CURRICULUM DESIGNED TO BRING YOGA INTO THE SCHOOL OR CLASSROOM IS DISADVANTAGED PUBLIC SCHOOLS. IN 2012, GRANTS FROM BOTH PROGRAMS RANGED BETWEEN $275 AND $3,175. 3 CASH GRANTS TO PROVIDE TEACHING SERVICES. 67 59884 PART I, LINE 2 THE USE OF THE FUNDS IS MONITORED VIA WRITTEN AGREEMENTS AND DIRECT COLLABORATION BETWEEN KRIPALU'S INSTITUTE FOR EXTRAORDINARY LIVING AND THE RECIPIENT ORGANIZATIONS. X X X X X 1 0 0 0 0 0 0 0 0 RICHARD FAULDS 154952 0 30000 0 6760 0 0 0 9050 0 200762 0 0 0 DAVID SURRENDA 187944 0 0 0 66250 0 0 0 6903 0 261097 0 0 0 DAVID LIPSIUS 144536 0 22500 0 0 0 0 0 4671 0 171707 0 0 0 PART I, LINE 4A JENNIFER WALLACE $32,500, TOM ROCCO $33,199 AND DAVID SURRENDA $66,250. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2008-06-02 20000000 TO CONSTRUCT A HOUSING ANNEX, WASTE WATER TREATMENT PLANT AND PARKING LOT 0 0 0 A 1853940 20000000 100000 16174003 3725997 2009 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 DANNA FAULDS SPOUSE OF THE CEO 35373 WAGES PAID FOR PART TIME EMPLOYMENT 0 X 1 199396 QUOTED PRICE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: KRIPALU USED THEIR BROKER TO SELL THEIR DONATED STOCK. DOING BUSINESS AS FORM 990, PART I, ITEM C DBA: KRIPALU SCHOOL OF AYURVEDA DBA: KRIPALU SCHOOL OF YOGA DBA: KRIPALU YOGA TEACHER'S ASSOCIATION DBA: KRIPALU INSTITUTE FOR EXTRAORDINARY LIVING DBA: KRIPALU AYURVEDIC PRACTITIONERS ASSOCIATION FORM 990, PART VI, SECTION B, LINE 11 A RESOLUTION OF THE BOARD OF TRUSTEES DETAILS THE REVIEW PROCESS FOR FORM 990 AND STATES: (1) IT SHALL BE THE POLICY OF KRIPALU THAT THE ANNUAL 990 AND 990-T TAX RETURNS SHALL BE PREPARED IN FIRST DRAFT FORM BY MEMBER OF MANAGEMENT WORKING IN CONCERT WITH THE ORGANIZATIONS ACCOUNTANTS AND LEGAL ADVISORS (2) THESE FIRST DRAFT FORMS SHALL THEN BE SUBMITTED TO THE AUDIT COMMITTEE OF THE BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO SECOND DRAFT FORMS (3) THESE SECOND DRAFT FORMS SHALL THEN BE SUBMITTED TO THE FULL BOARD TO REVIEW, COMMENT UPON, AND REVISE INTO FINAL FORMS FOR THE FILING WITH THE IRS AND OTHER GOVERNMENTAL AND REGULATORY AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST DISCLOSURES FORM. THE COMPLETED DISCLOSURE FORMS ARE REVIEWED BY THE ORGANIZATIONS GOVERNANCE COMMITTEE, WITH ANY CONFLICTS NOTED AND BROUGHT TO THE ATTENTION OF THE BOARD CHAIR, THE VICE PRESIDENT OF FINANCE, AND OTHER LEADING TRUSTEES. THE BOARD HANDBOOK CONTAINS A SECTION OF CONFLICTS OF INTEREST. CONFLICTED INDIVIDUALS ARE REQUIRED TO RECLUSE THEMSELVES FROM ANY VOTING ON MATTERS WITH WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PREVIOUS CHIEF EXECUTIVE OFFICER WAS ESTABLISHED BY THE FULL BOARD OF TRUSTEES AFTER A COMPENSATION STUDY PERFORMED BY AN EXTERNAL AND INDEPENDENT CONSULTANT EXPERIENCED IN NONPROFIT COMPENSATION MATTERS. THE STUDY INCLUDED A DETAILED ANALYSIS OF THE JOB DUTIES, SALARY RANGE, AND INCENTIVE PAY BASED ON EXTENSIVE COMPARABILITY DATA. THE BOARDS COMPENSATION DELIBERATION AND DECISION WAS CONTEMPORANEOUSLY SUBSTANTIATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ALL REQUIRED DOCUMENTS, INCLUDING ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST TO ITS CORPORATE SECRETARY AND VICE PRESIDENT OF FINANCE. SOME INFORMATION HAS BEEN PLACED ON THE ORGANIZATIONS WEBSITE AND MORE IS EXPECTED TO BE POSTED AS RESOURCES ALLOW. EXECUTIVE COMMITTEE FORM 990 PART VI THE ORGANIZATION'S BYLAWS INCLUDE SECTION 6.5, AS DESCRIBED BELOW. THIS BYLAW REQUIRES THE GOVERNING BOARD OF TRUSTEES TO APPOINT AN EXECUTIVE COMMITTEE CONSISTING ENTIRELY OF ACTIVE TRUSTEES THAT IS AUTHORIZED TO ACT ON ITS BEHALF ON MATTERS REQUIRING DECISIONS BETWEEN REGULAR BOARD MEETINGS. DURING 2012, THE EXECUTIVE COMMITTEE DID MEET AS AUTHORIZED TO TAKE ACTION ON A VARIETY OF MATTERS, ALL OF WHICH WERE REPORTED BACK TO THE FULL BOARD. THE BOARD SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE BOARD CHAIR, THE CHIEF EXECUTIVE OFFICER, AND AT LEAST THREE OTHER TRUSTEES TO ACT UPON MATTERS REQUIRING DECISIONS BETWEEN REGULAR BOARD MEETINGS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ENACT BINDING CORPORATE RESOLUTIONS. THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE CHAIR OF THE BOARD.A QUORUM SHALL CONSIST OF MORE THAN ONE-HALF OF THE EXECUTIVE COMMITTEE MEMBERS, PROVIDED THAT EITHER THE BOARD CHAIR OR CHIEF EXECUTIVE OFFICER IS PRESENT. TRUSTEES ATTENDING A MEETING BY PHONE SHALL BE COUNTED AS PRESENT FOR PURPOSES OF CALCULATING A QUORUM. EITHER THE BOARD CHAIR, THE CHIEF EXECUTIVE OFFICER, OR ANY TWO MEMBERS OF THE EXECUTIVE COMMITTEE MAY CALL A MEETING.A WRITTEN RECORD OF ISSUES CONSIDERED AND ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE KEPT AND COMMUNICATED TO THE BOARD AS SOON AS PRACTICAL AFTER THE MEETING.