2013-11-04T15:19:22-06:00 2012-12-31 010440155 RUNYON KERSTEEN OUELLETTE 20 LONG CREEK DRIVE SOUTH PORTLAND ME 04106 990 2012-01-01 237352599 KIEVE-WAVUS EDUCATION INC KIEV 2075635172 PO BOX 169 NOBLEBORO ME 04555 HENRY KENNEDY 2075635172 2013-11-04 1 THOMAS EMERY P00532592 2077732986 2012 2016-03-07 17:11:31Z HENRY KENNEDY PO BOX 169 NOBLEBORO ME 04555 10650729 0 X WWW.KIEVE.ORG X 1926 ME TO EMPOWER PEOPLE TO CONTRIBUTE POSITIVELY TO SOCIETY BY PROMOTING THE VALUES OF KINDNESS, RESPECT FOR OTHERS, AND ENVIRONMENTAL STEWARDSHIP THROUGH YEAR-ROUND EXPERIENTIAL PROGRAMS, CAMPS FOR YOUTH AND ADULTS, AND GUIDANCE FROM INSPIRATIONAL ROLE MODELS. 24 24 266 50 0 0 885895 1965567 5860635 6738133 505457 291121 8215 9713 7260202 9004534 802193 1006623 0 0 2233499 2502584 0 0 443366 3589336 3280432 6625028 6789639 635174 2214895 26049260 29910187 3736150 4912427 22313110 24997760 X KIEVE-WAVUS EDUCATES AND EMPOWERS YOUNG PEOPLE AND ADULTS TO CONTRIBUTE POSITIVELY TO SOCIETY. WE FOSTER SPIRITUAL, INTELLECTUAL, SOCIAL, AND PHYSICAL GROWTH IN ORDER TO INCREASE SELF-CONFIDENCE, RAISE PERSONAL ASPIRATIONS, AND GENERATE ENTHUSIASM FOR LIFE-LONG LEARNING. WORKING AT OUR SPECTACULAR CAMPS ON DAMARISCOTTA LAKE, IN THE WILDERNESS, IN SCHOOLS, AND IN COMMUNITIES, WE PROMOTE THE VALUES OF TEAMWORK, KINDNESS, RESPECT, AND ENVIRONMENTAL STEWARDSHIP. 0 0 1961818 698723 1458096 LEADERSHIP SCHOOL- NON-TRADITIONAL PURPOSE SCHOOL TEACHING LEADERSHIP SKILLS TO MIDDLE SCHOOL CHILDREN (OVER 7,600 IN 2012). MAKING GOOD DECISIONS IS THE PRIMARY FOCUS. 1930180 138620 2986527 BOYS CAMP- TRADITIONAL SUMMER CAMP, EXPERIENTIAL EDUCATION IN OUTDOOR SETTING. 1700645 169280 1986228 GIRLS CAMP- TRADITIONAL SUMMER CAMP, EXPERIENTIAL EDUCATION IN OUTDOOR SETTING. A TOTAL OF 1,029 CAMPERS WERE SERVED IN THE BOYS AND GIRLS CAMPS IN 2012. 453798 307282 KENNEDY LEARNING CENTER & JEWELL LODGE, VETERAN'S CAMPS AND FAMILY CAMPS. 453798 307282 6046441 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 1 13 0 266 1 0 0 0 0 0 0 0 0 0 1 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 ME X X ELISABETH A SCHUH 2075635172 PO BOX 169 NOBLEBORO ME 04555 OLIVER A PARKER 8.00 X X 0 0 0 SUSAN R RUSSELL 3.00 X X 0 0 0 DONALD A KEYSER 3.00 X X 0 0 0 MARSHALL D MURPHY 3.00 X X 0 0 0 JOHN W GEISMAR 3.00 X X 0 0 0 W MORGAN CHURCHMAN III 1.00 X 0 0 0 MATTHEW J MCKENNA 1.00 X 0 0 0 KATHLEEN WILSON 1.00 X 0 0 0 THOMAS R RILEY JR 1.00 X 0 0 0 MARK KJ ROBINSON 1.00 X 0 0 0 DAREN T HUDSON 1.00 X 0 0 0 JAMES C REA 1.00 X 0 0 0 SHEILA G SHORR 1.00 X 0 0 0 CANDACE E DYAL 1.00 X 0 0 0 JOHN E BURNS SR 1.00 X 0 0 0 LOUISE W MCILHENNY 1.00 X 0 0 0 R DIXON THAYER 1.00 X 0 0 0 WILLIAM A KNOWLTON 1.00 X 0 0 0 CHRISTOPHER J MAGUIRE 1.00 X 0 0 0 CLIFF MULLER 1.00 X 0 0 0 MARGARET W LYNE 1.00 X 0 0 0 MATHEW R EARLEY 1.00 X 0 0 0 LESLIE A DEL COL 1.00 X 0 0 0 THOMAS G AUCHINCLOSS JR 1.00 X 0 0 0 HENRY R KENNEDY 45.00 X 129810 0 19125 129810 0 19125 1 0 0 0 0 41680 1923887 379300 1965567 BOYS SUMMER CAMP 611600 2986527 2986527 GIRLS SUMMER CAMP 611600 1986228 1986228 THE LEADERSHIP SCHOOL 611600 1458096 1458096 KENNEDY LEARNING CTR & JEWELL LOD 611600 202609 202609 RETREAT FEES & OTHER 611710 104673 104673 6738133 230567 230567 10112 0 10112 10112 10112 1705500 850 1645796 0 59704 850 60554 60554 0 41680 399 -399 -399 9004534 6738133 0 300834 1006623 1006623 148936 89361 14894 44681 2009516 1758700 69594 181222 42613 36583 1645 4385 111800 100923 3141 7736 189719 162871 7323 19525 70164 59750 7686 2728 4445 3785 487 173 17300 14732 1895 673 31702 31702 44039 37502 4825 1712 200211 162226 2547 35438 84695 49779 16999 17917 236832 202646 17841 16345 269705 263236 4709 1760 158746 130893 22408 5445 632110 608099 8217 15794 204526 145201 47728 11597 FOOD 581321 572840 1604 6877 SUPPLIES 246716 246716 REPAIRS & MAINTENANCE 157839 147686 5977 4176 OTHER PROGRAM EXPENSES 147714 135012 6326 6376 192367 111277 22284 58806 6789639 6046441 299832 443366 66862 391384 872729 1243288 203250 611575 95540 96503 40000 65700 100 0 26933045 7583559 17444496 19349486 7092782 7893942 166052 166479 67449 91830 26049260 29910187 84498 241995 625743 708617 1261578 2314042 1764331 1647773 3736150 4912427 X 20974574 22663751 1091455 2086928 247081 247081 22313110 24997760 26049260 29910187 X 2214895 465924 3831 X X 0 1 X 1 0 X 1199021 1104261 956868 885895 1965567 6111612 5141088 5625913 6041423 5860635 6738133 29407192 6340109 6730174 6998291 6746530 8703700 35518804 218856 224237 347340 293352 338707 1422492 0 218856 224237 347340 293352 338707 1422492 34096312 216794 212436 216900 283962 240679 1170771 216794 212436 216900 283962 240679 1170771 6556903 6942610 7215191 7030492 8944379 36689575 0.92930 0.92970 0.03190 0.03380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7258834 102488 699099 8060421 7320958 25000 -87124 7258834 6372985 148198 799775 7320958 5380694 66885 925406 6372985 7946516 15000 -2580822 5380694 0.96930 0.03070 0 0 4394893 4394893 17923173 4091950 13831223 1922862 1680155 242707 2692117 1811454 880663 19349486 X 9474688 465924 4230 470154 9004534 0 9004534 6790038 399 399 6789639 0 6789639 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PRIMARY PURPOSE OF THE FUND IS TO GENERATE INCOME TO BE USED TO HELP MEET THE OPERATING AND NON-OPERATING COSTS OF THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS PROVIDED FOR IN THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THIS STATEMENT CLARIFIES THE CRITERIA THAT AN INDIVIDUAL TAX POSITION MUST SATISFY FOR SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD OF MORE LIKELY-THAN-NOT, AND A MEASUREMENT ATTRIBUTE FOR ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THERE WAS NO CUMULATIVE EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS RELATED TO FOLLOWING OF THESE PROVISIONS, AND NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS WERE ACCRUED. THE ORGANIZATION IS CURRENTLY OPEN TO AUDIT UNDER THE STATUTE OF LIMITATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES FOR THE YEARS ENDED DECEMBER 31, 2009 THROUGH 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 3,831. ON-LINE AUCTION EXPENSES 399. PART XII, LINE 2D - OTHER ADJUSTMENTS: ON-LINE AUCTION EXPENSES 399. ON-LINE AUCTION 41680 41680 399 41680 41680 399 399 -399 1 SCHOLARSHIPS IN THE FORM OF TUITION REDUCTION OR FREE TUITION FOR CAMPERS IN NEED. 7728 1006623 TUITION REDUCTION OR FREE TUITION. NO ACTUAL CASH TRANSACTION TAKES PLACE. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANTS ARE GIVEN TO CAMPERS IN THE FORM OF TUITION REDUCTION, NO CASH CHANGES HANDS. RCK IRREVOCABLE TRUST FAMILY PURCHASE LAND X 95000 57441 0 1 1 RICHARD KENNEDY LOTS 18 20 FAMILY PURCHASE LAND X 145000 91152 0 1 1 RICHARD KENNEDY LOT 9 FAMILY PURCHASE LAND X 385000 320615 0 1 1 PADDLE AND THISTLE LLC LOTS 8 1 FAMILY PURCHASE LAND X 865000 720341 0 1 1 PRISCILLA LIMBERT WATSON FORMER BOARD MEMBER PURCHASE LAND X 143320 21272 0 1 1 DIVING ROCK LLC EMERITUS BOARD MMBR PURCHASE LAND X 1103221 1103221 0 1 1 2314042 HENRY KENNEDY EXECUTIVE DIRECTOR 28068 THE ORGANIZATION LEASES A FARM HOUSE FROM ITS EXECUTIVE DIRECTOR UNDER A BOARD APPROVED OPERATING LEASE. 0 X 3230 ESTIMATED RETAIL VALUE X 7 22900 ESTIMATED RETAIL VALUE X 23 301094 LISTED STOCK PRICE X 1 470 ESTIMATED RETAIL VALUE X FURNITURE & EQUIPMENT 10 8926 ESTIMATED RETAIL VALUE X EXERCISE EQUIPMENT 1 1000 ESTIMATED RETAIL VALUE X AUCTION ITEMS 41680 PROCEEDS 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 AFTER PREPARATION OF FORM 990, COMPLETED RETURN IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE AND OTHER MEMBERS OF THE BOARD OF TRUSTEES. VOTING MEMBERS OF THE FINANCE AND AUDIT COMMITTEE AND THE BOARD OF TRUSTEES ARE ALL EXTERNAL INDEPENDENT TRUSTEES KNOWLEDGEABLE IN FINANCIAL MATTERS OF THE ORGANIZATION. INDIVIDUAL REVIEWS OCCUR AND QUESTIONS ASSESSED AND RESPONDED TO. THE FINANCE AND AUDIT COMMITTEE MEETS WITH INDEPENDENT AUDITORS, THEN RECOMMENDS ACCEPTANCE AND FILING OF 990, ON OR BEFORE DUE DATE, TO THE FULL BOARD OF TRUSTEES FOR A RECORDED BOARD VOTE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES BOARD MEMBERS TO REVIEW AND SIGN-OFF A CONFLICT OF INTEREST FORM AT THE ANNUAL MEETING EACH YEAR. BOARD MEMBERS ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS ARISING DURING THE ENSUING YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THIS REVIEW IS PRESENTED TO THE FULL BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 BY REQUEST FROM INTERESTED PARTIES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 3,831. FORM 990, PART XII, LINE 2C - AUDIT OVERSIGHT: THE PROCESS HAS NOT CHANGED. FORM 990, PART I, LINE 19, REVENUES LESS EXPENSES: A SIGNIFICANT PORTION OF THE ORGANIZATION'S EXCESS REVENUES OVER EXPENSES WAS USED TO HELP FUND THE PURCHASE OF ADJACENT LAND AND ONGOING SIGNIFICANT CAPITAL RENOVATION PROJECTS ON BOTH THE KIEVE AND WAVUS PROPERTIES AS WELL AS TO PAY DOWN DEBT PRINCIPAL.