2024-01-15T12:37:21-06:00 2022-12-31 202002973 KRS CPAS LLC 80 ROUTE 4 EAST SUITE 370 PARAMUS NJ 07652 990 2022-01-01 203823604 WELLS MOUNTAIN INITIATIVE INC WELL 8024534065 25D MAIN STREET BRISTOL VT 05443 THOMAS M WELLS DIRECTOR/CHAIRMAN 8024534065 2023-12-21 1 THOMAS WELLS 999009999 0 GERALD A SHANKER P00009777 2016557411 2023-12-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS M WELLS 19 MAIN STREET BRISTOL VT 05443 2835217 0 X WWW.WELLSMOUNTAININITIATIVE.ORG X FOUNDATION 2005 VT TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION. 11 11 5 178 -366692 0 571063 434272 0 0 -51505 -366692 21529 16602 541087 84182 453963 539924 0 0 247416 334171 0 0 0 148088 133970 849467 1008065 -308380 -923883 3066989 2143910 1410 2214 3065579 2141696 TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION. 0 0 752879 539924 434272 PROVIDED PROGRAMMING AND FUNDING FOR YOUNG PEOPLE AND INITIATIVES IN THE DEVELOPING WORLD TO SUPPORT POST-SECONDARY EDUCATION, LEADERSHIP DEVELOPMENT AND COMMUNITY DEVELOPMENT. 752879 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 5 1 1 1 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 VT X THE ORGANIZATION 8024534065 25D MAIN STREET BRISTOL VT 05443 ROBERT DILL DIRECTOR 1.00 X 0 0 0 CHRISTOPHER LUTZ DIRECTOR 1.00 X 0 0 0 KENNETH FORESTER DIRECTOR 1.00 X 0 0 0 GWENAEL APOLLON DIRECTOR 1.00 X 0 0 0 DIDIER BLESIN DIRECTOR 1.00 X 0 0 0 GAIL NYSTROM DIRECTOR 1.00 X 0 0 0 RICK CLAYDON DIRECTOR 1.00 X 0 0 0 THOMAS M WELLS DIRECTOR/CHAIRMAN 4.00 X 0 0 0 JORDYN WELLS DIRECTOR/EXECUTIVE DIRECTO 40.00 X 93222 0 0 RICK KUSHEL DIRECTOR/TREASURER 1.00 X 0 0 0 MARY CLARK ROMNEY DIRECTOR/SECRETARY 1.00 X 0 0 0 93222 0 0 0 0 0 0 0 434272 434272 45022 45022 2339321 2751035 -411714 -411714 -411714 16602 0 16602 16602 84182 0 -366692 16602 539924 539924 286661 150187 136474 25384 10848 14536 22126 11697 10429 4454 4454 28414 28414 1160 1160 1817 1568 249 13614 2284 11330 4525 150 4375 24052 23575 477 OUTSIDE SERVICES 33829 1500 32329 BANK & CREDIT CARD FEES 11113 6692 4421 PRINTING AND REPRODUCTI 6395 6395 DUES AND SUBSCRIPTIONS 3255 3255 1342 1342 1008065 752879 255186 0 457430 198758 2609559 1945152 3066989 2143910 1410 2214 1410 2214 X 0 0 0 0 3065579 2141696 3065579 2141696 3066989 2143910 -923883 0 X 0 0 0 X 543909 606059 2512326 536112 434272 4632678 543909 606059 2512326 536112 434272 4632678 4632678 4632678 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2686431 1973 -678910 29322 1980172 1290691 3132 1424480 31872 2686431 1355032 25190 -52096 37435 1290691 1163668 256364 65000 1355032 1361386 -122556 75162 1163668 0 0 0 MORGAN STANLEY 1945152 C 1945152 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, SCHOLARSHIPS & GRANTS TO RECIPIENTS LOCATED IN REGION 6915 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,, SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 2750 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 1.SCHOLARSHIPS & GRANTS TO RECIPIENTS LOCATED IN REGION 2. PROGRAMMING WE HAVE AN OFFICE IN NAIROBI, KENYA AND A COORDINATOR THAT PROVIDES BOTH REGIONAL AND GLOBAL PROGRAM SUPPORT. 411812 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 1850 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 690 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 15709 EUROPE SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION 2000 0 0 0 0 0 0 441726 0 441726 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, WMI SERVES AS A US FISCAL SPONSOR FOR YMCA D'HAITI & COMMUNITY PROGRAMMING. YMCA D'HATI IS COMMITTED TO EMPOWERING YOUTH AND STRENGTHENING COMMUNITIES. FOR MORE THAN 15 YEARS, THE YMCA D'HATI HAS BEEN HARD AT WORK ESTABLISHING COMMUNITY CENTERS AND IS CURRENTLY IMPLEMENTING PROGRAMS IN TEN COMMUNITIES. 62500 WIRE TRANSFER 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, WMI SERVES AS THE US FISCAL SPONSOR FOR THE COSTA RICAN HUMANITARIAN FOUNDATION (CRHF). CRHF IS A NON-PROFIT ORGANIZATION COMMITTED TO DEVELOPING CREATIVE AND ECONOMICAL SOLUTIONS TO A WIDE RANGE OF SOCIAL PROBLEMS IN COSTA RICA. THE CRHF PROVIDES OPPORTUNITIES TO EXCHANGE FRIENDSHIP, GOODS, SERVICES, AND FINANCIAL RESOURCES FOR CRITICAL NEEDS AMONG DIFFERENT CULTURES, SOCIO-ECONOMIC CLASSES, AND LANGUAGE GROUPS. 78271 WIRE TRANSFER 0 SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 624 WIRE TRANSFER SCHOLARSHIPS TO RECIPIENTS LOCATED IN REGION SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 11 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 4 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 4 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 32 WIRE TRANSFER SCHOLARSHIP TO RECIPIENT LOCATED IN REGION EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 2 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: WMI SCHOLARS ARE SELECTED THROUGH THE SUBMISSION OF AN ONLINE APPLICATION AND UNDER GO A 5-STAGE REVIEW PROCESS. WMI ACCEPTS APPLICATION ONCE A YEAR AND SELECTS ONLY 3-5% OF OVER 1100 APPLICANTS. WMI STUDENT SCHOLARS (SCHOLARS CURRENTLY ENROLLED IN POST-SECONDARY SCHOOL) ARE REQUIRED TO SUBMIT TWO REPORTS A YEAR WITH GRADES, A FINANCIAL REPORT AND COMMUNITY SERVICE REPORT (WE REQUIRE 100 HOURS OF COMMUNITY SERVICE FOR ALL STUDENT SCHOLARS). WMI COMMUNITY DEVELOPMENT GRANTS ARE OPEN ONLY TO GRADUATE SCHOLARS (SCHOLARS WHO HAVE COMPLETED THEIR POST-SECONDARY EDUCATION) AND RANGE FROM 500-1000 USD. GRANTEES ARE ACCEPTED THROUGH A 3 STAGE APPLICATION PROCESS ARE AND REQUIRED TO PARTICIPATE IN 1:1 PROJECT DEVELOPMENT SESSIONS WITH PROGRAM STAFF AND PROVIDE 3 & 6 MONTH AND 1 YEAR FINANCIAL AND IMPACT UPDATES. PART III ACCOUNTING METHOD: AUCTION 16602 16602 16602 16602 16602 FORM 990, PART VI, SECTION A, LINE 2 THOMAS WELLS, WHO IS THE BOARD CHAIR SITS ON THE BOARD WITH HIS DAUGHTER JORDYN WELLS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SENT TO CLIENT FOR REVIEW WHERE THEY DISTRIBUTE IT TO GOVERNING BOARD - REVIEW FROM AND ASK ACCOUNTANT QUESTIONS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 PART VI, SECTION C, LINE 19: THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, FINANCIAL INFORMATION AND TAX FILINGS AVAIABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC THOMAS M. WELLS - 25D MAIN STREET, BRISTOL, VT 05443. JORDYN WELLS - 416 STATE STREET, HUDSON, NY 12534. RICK KUSHEL - 24 LEIGH COURT, RANDOLPH, NJ 07869. MARY CLARK ROMNEY - 233 GLEN ROAD, WOODCLIFF LAKE, NJ 07677. ROBERT DILL - 101 WASHINGTON AVENUE, SPRING LAKE, NJ 07762. CHRISTOPHER LUTZ - 173 WOODLAND ROAD, MADISON, NJ 07940. KENNETH FORESTER - 300 PROSPECT AVE, APT. PHJ, HACKENSACK, NJ 07608. GWENAEL APOLLON - 6 RUE CARLSTROEM, PORT-AU-PRINCE, HAITI, HAITI. DIDIER BLESIN - AVENUE EDMOND PARMENTIER, 97, BRUSSELS, BELGIUM, BELGIUM 1150. GAIL NYSTROM - SANTA ANA CENTROAPARTADO 458, SANTA ANA, COSTA RICA, COSTA RICA. RICK CLAYDON - 111 NORTH PLEASANT AVENUE, RIDGEWOOD, NJ 07450.