2024-10-28T15:34:18-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-01-01 391797563 FAIRHAVEN FOUNDATION INC FAIR 2624732140 435 W STARIN ROAD WHITEWATER WI 53190 PAUL KUENNING PRESIDENT/CEO 2624732140 2024-10-28 1 0 KRISTEN DONLEVY P01670215 6086628600 2024-10-28 2023 2024-10-15 13:58:12Z PAUL KUENNING 435 W STARIN ROAD WHITEWATER WI 53190 222660 0 X FAIRHAVEN.ORG X 1993 WI RECEIVE AND ADMINISTER GIFTS AND CONTRIBUTIONS FOR THE BENEFIT OF FAIRHAVEN CORPORATION AND IT'S RESIDENTS 6 6 0 10 0 0 39305 52888 0 0 13420 169772 0 0 52725 222660 0 0 0 0 0 0 0 0 0 6967 451576 6967 451576 45758 -228916 4999988 5164027 0 0 4999988 5164027 RECEIVE AND ADMINISTER GIFTS AND CONTRIBUTIONS FOR THE BENEFIT OF FAIRHAVEN CORPORATION AND ITS RESIDENTS. 0 0 1576 0 0 PROVIDE FINANCIAL SUPPORT TO FAIRHAVEN CORPORATION AND ITS RESIDENTS. 1576 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 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 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X DAVID GACKSTATTER 2624732140 435 W STARIN ROAD WHITEWATER WI 53190 PAUL KUENNING PRESIDENT/CEO 1.00 40.00 X X 0 137711 0 REV MAX J RIGERT VICE PRESIDENT 1.00 1.00 X X 0 0 0 DAVID GACKSTATTER TREASURER 1.00 40.00 X X 0 76220 0 JAMES K CALDWELL BOARD MEMBER 1.00 1.00 X 0 0 0 BETTY SCHOONOVER SECRETARY 1.00 0.00 X X 0 0 0 KATHY ROSS BOARD MEMBER 1.00 0.00 X 0 0 0 DR FRED WILEMAN BOARD MEMBER 1.00 1.00 X 0 0 0 ROSALIE ROUSE BOARD MEMBER 1.00 0.00 X 0 0 0 0 213931 0 0 0 0 0 0 52888 52888 169772 169772 222660 0 0 169772 1576 1576 FORGIVENESS OF DEBT 450000 450000 451576 1576 450000 0 1093699 785156 307935 371522 4303 25733 40000 40000 40000 2604051 2021616 950000 1920000 4999988 5164027 0 0 X 3420579 3535867 1579409 1628160 4999988 5164027 4999988 5164027 -228916 392955 0 X 0 1 X 1 0 X X 1 FAIRHAVEN CORPORATION 390979908 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2375534 200 88864 2464598 2634427 -174704 -84189 2375534 2313021 221668 99738 2634427 2093272 164562 55187 2313021 1844462 175638 73172 2093272 0.65500 0.15770 0.18730 0 0 40000 40000 40000 DUE FROM PRAIRIE VILLAGE 1920000 1920000 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD TO SUPPORT PROGRAMS OF FAIRHAVEN CORPORATION. PART X, LINE 2: THE CORPORATION AND FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM WISCONSIN FRANCHISE AND INCOME TAX. THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 PART I, LINE 3 COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION USING A COMPENSATION COMMITEE, COMPENSATION SURVEY/STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S BOARD OF DIRECTORS IS ELECTED BY THE BOARD OF FAIRHAVEN CORPORATION. THE ELECTED DIRECTORS MAY BE, BUT ARE NOT REQUIRED TO BE BOARD MEMBERS OF FAIRHAVEN CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND WAS PRESENTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WTH THE IRS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE ORGANIZATIONS MANAGEMENT AND WAS PRESENTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER OR DIRECTOR OF FAIRHAVEN FOUNDATION CURRENTLY IN OFFICE IS EXPECTED TO COMPLETE, SIGN, AND RETURN TO THE FOUNDATION A DISCLOSURE STATEMENT ANNUALLY REPORTING DIRECT OR INDIRECT PERSONAL OR FINANCIAL INTERESTS WITH CONFLICTING BUSINESSES AND ORGANIZATIONS. DETERMINATION ARE MADE BY THE REMAINING BOARD MEMBERS OR COMMITTEE MEMBERS. INDIVIDUALS WITH A CONFLICT ABSTAIN BOTH FROM DISCUSSION AND VOTING ON THE ISSUE BEFORE THE BOARD OF DIRECTORS. ALL PROCEEDINGS RELATING TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FAIRHAVEN CORPORATION 435 STARIN ROAD WHITEWATER WI 53190 390979908 SENIOR HOUSING AND SKILLED NURSING CARE WI 501(C)(3) LINE 10 N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0