2012-06-29T12:17:08-05:00 2011-12-31 470608676 MCDERMOTT AND MILLER PC 404 E 25TH STREET KEARNEY NE 68847 990 2011-01-01 470786586 KEARNEY AREA COMMUNITY FOUNDATION INC KEAR 3082373114 2207 CENTRAL AVENUE KEARNEY NE 68847 JUDI SICKLER 3082373114 2012-06-13 MINDY M OMAN CPA P00221337 3082345565 2012-06-13 2011 2016-02-24 21:20:13Z JUDI SICKLER 2207 CENTRAL AVE KEARNEY NE 68847 7023000 0 X WWW.KEARNEYFOUNDATION.ORG X 1995 NE PROVIDE SUPPORT FOR VARIOUS PROGRAMS AND CHARITABLE ACTIVITIES FOR COMMUNITIES IN THE AREA OF BUFFALO COUNTY, NEBRASKA. 18 18 37 0 0 0 1330144 6506891 12278 29520 86714 116605 50728 50804 1479864 6703820 258995 313948 0 0 104724 125642 0 0 61683 957799 1316366 1321518 1755956 158346 4947864 5542835 10892785 1020397 1585905 4522438 9306880 PROVIDE SUPPORT FOR VARIOUS PROGRAMS AND CHARITABLE ACTIVITIES FOR COMMUNITIES IN THE AREA OF BUFFALO COUNTY, NEBRASKA. 0 0 1579575 2650826 29520 FINANCIAL SUPPORT FOR PROGRAMS AND CHARITABLE ACTIVITIES IN THE SURROUNDING AREA OF KEARNEY, NEBRASKA, BUFFALO COUNTY. 1579575 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 41 0 1 37 1 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X JUDI SICKLER 3082373114 2207 CENTRAL AVENUE KEARNEY NE 68447 JUDI SICKLER 40.00 X 60881 0 0 JOHN BANCROFT 1.00 X 0 0 0 RACHELLE BRYANT 1.00 X 0 0 0 CORLISS DIXON 1.00 X 0 0 0 STEVE GLENN 1.00 X 0 0 0 RON ECKLOFF 1.00 X 0 0 0 BOB HUDDLESTON 1.00 X 0 0 0 SHERRY MORROW 1.00 X 0 0 0 BILL ROSS 1.00 X 0 0 0 GREG SHEA 1.00 X 0 0 0 DR BM STEVE STEVENSON 1.00 X 0 0 0 DOTTIE BOWMAN 1.00 X 0 0 0 LORI SMITH 1.00 X 0 0 0 ROXANNE BASCOM 1.00 X 0 0 0 THERESA IBACH 1.00 X 0 0 0 MARSHA FAIRBANKS 1.00 X 0 0 0 SUSAN BIGG 1.00 X 0 0 0 MIKE TYE 1.00 X 0 0 0 60881 0 0 0 0 0 0 0 6506891 3856065 6506891 29520 29520 29520 95885 95885 339900 319180 20720 20720 20720 ADMINISTRATIVE FEES 561000 39435 39435 OTHER REVENUE 561000 11369 11369 50804 6703820 89675 0 107254 243683 243683 70265 70265 60881 9132 24353 27396 64761 9714 25904 29143 11022 11022 2958 2958 6035 6035 2985 1791 1194 9948 4974 4974 2605 2605 PROGRAM EXPENSES 1241807 1241807 INVESTMENT FEES 18947 18947 ADMINISTRATIVE FEES 6047 6047 POSTAGE 2984 1791 1193 11028 8271 2757 1755956 1579575 114698 61683 131301 332080 10107 18658 108894 264915 3856065 279758 27913 197296 251845 5067545 6132372 27692 36850 5542835 10892785 17450 15130 1002947 1570775 1020397 1585905 X 420168 4447661 1403026 2206040 2699244 2653179 4522438 9306880 5542835 10892785 X 4947864 -163422 X X 0 1 0 X 0 X 1064992 1819614 1406525 1330144 2650826 8272101 1064992 1819614 1406525 1330144 2650826 8272101 8272101 173841 159185 90549 90796 95885 610256 25266 23824 51070 50728 50804 201692 9084049 0.91060 0.88510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 267198 17750 249448 12560 10163 2397 251845 AGENCY FUNDS 1496769 GRANTS & SCHOLARSHIPS PAYABLE 74006 1570775 6703820 1755956 4947864 -121082 -42340 -163422 4784442 6582738 -121082 -121082 6703820 0 6703820 1755956 0 1755956 0 1755956 Description of Uncertain Tax Positions Under FIN 48: Part X: THE INTERNAL REVENUE CODE REQUIRES EXEMPT ORGANIZATIONS SUCH AS KEARNEY AREA COMMUNITY FOUNDATION, INC. TO FILE INFORMATION RETURNS WITH THE INTERNAL REVENUE SERVICE. REGULATIONS PROVIDE THAT BUSINESS ACTIVITIES OF SUCH ORGANIZATIONS NOT RELATED TO ITS EXEMPT PURPOSES MAY BE SUBJECT TO FEDERAL INCOME TAX. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT HAVE BEEN TAKEN OR TO BE TAKEN BY THE ORGANIZATION THAT THEY ARE AWARE OF. THE ORGANIZATION HAS NO UNRELATED BUSINESS INCOME AND, THEREFORE, NO PROVISION HAS BEEN MADE FOR INCOME TAXES PAYABLE OR RECEIVABLE. THE ORGANIZATION'S POLICY IS TO INCLUDE PENALTIES AND INTEREST ASSOCIATED WITH INCOME TAXES AS INCOME TAX AND INTEREST EXPENSE, RESPECTIVELY. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2007. Part XI, Line 8 - Other Adjustments: TRANSFER TO AGENCY FUNDS -42340. 1 CATTLEMAN'S BALL OF NEBRASKA 1709 HILLCREST ROAD WISNER NE 68791 GENERAL SUPPORT COMMUNITY ACTION PARTNERHIP OF MID-NE 16 WEST 11TH ST KEARNEY NE 68848 GENERAL SUPPORT CITY OF OSHKOSH PO BOX 166 OSHKOSH NE 69154 GENERAL SUPPORT KEARNEY AREA CHILDRENS MUSEUM 2005 1ST AVE KEARNEY NE 68847 GENERAL SUPPORT JUBILEE CENTER 2523 AVE A KEARNEY NE 68847 GENERAL SUPPORT KAAPA OUTDOOR ADVENTURES LLC PO BOX 1301 KEARNEY NE 68848 GENERAL SUPPORT MUSEUM OF NEBRASKA ART 2401 CENTRAL AVENUE KEARNEY NE 68847 GENERAL SUPPORT OSHKOSH UNITED METHODIST CHURCH 497 W 3RD STREET OSHKOSH NE 69154 GENERAL SUPPORT UNIVERSITY OF NEBRASKA FOUNDATION PO BOX 82555 LINCOLN NE 68501 GENERAL SUPPORT YANNEY HERITAGE PARK FOUNDATION PO BOX 1694 KEARNEY NE 68848 GENERAL SUPPORT SCHOLARSHIPS X 1 3721450 INDIVIDUAL APPRAISALS X 1 134615 ASSESSED VALUE 0 0 0 Form 990, Part VI, Section B, line 11 THE BOARD OF DIRECTORS REVEIWS THE FORM 990 BEFORE IT IS FILED. Form 990, Part VI, Section B, line 12c THE BOARD CONTINUALLY MONITORS THE INVOLVEMENT OF ITS MEMBERS IN OTHER ORGANIZATIONS FOR POSSIBLE CONFLICTS OF INTEREST. Form 990, Part VI, Section B, line 15 THE BOARD AUTHORIZES AND DOCUMENTS THE REASONS FOR ANY PAY RAISES FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS ON AN ANNUAL BASIS. Form 990, Part VI, Section C, line 19 ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN OR ORAL REQUEST. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -121082. TRANSFER TO AGENCY FUNDS -42340. Total to Form 990, Part XI, Line 5: -163422. PAGE 12, PART XI, LINE 2(c) ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS.