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Nonprofit · EIN 01-0471173

KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION

Tax-exempt · FAIRFIELD, ME 04937

Financials

$556K$495K2023$625K$646K2024$632K$487K2025
Revenue Expenses · by fiscal year end
Financials of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$631,574$487,180$144,394$6,894,152$156,689$6,737,463
June 30, 2025990$625,285$645,676-$20,391$6,365,417$219,860$6,145,557
June 30, 2024990$555,685$494,673$61,012$5,977,355$67,475$5,909,880
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$227,346
Program service revenue
$0
Investment income
$385,243
Net gain from sales of assets
$247,052
Net income from fundraising events
$18,985
Other revenue
$18,985

Expenses

Grants and similar amounts paid
$329,014
Compensation of officers, directors and key employees
$115,117
Salaries, compensation and benefits (total)
$115,117
Professional fundraising fees
$0
Accounting fees
$13,356
Program services (functional)
$329,014
Management and general (functional)
$103,648
Fundraising (functional)
$54,518

Balance sheet and other

Total assets, start of year
$6,365,417
Total assets, end of year
$6,894,152
Total liabilities, end of year
$156,689
Net assets, end of year
$6,737,463
Publicly traded securities
$6,313,152
Net assets without donor restrictions
$342,549
Net assets with donor restrictions
$6,394,914
Gross receipts
$2,049,659
Employees
0
Volunteers
18
Year formed
1991
State of legal domicile
ME

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Jennifer CaseyExecutive Director
Officer
40$85,178$29,940
Nancy FotterChair
Trustee or director, Officer
1$0$0
Dwight LittlefieldVice Chair
Trustee or director, Officer
1$0$0
Melissa Higgins2nd Vice Chair
Trustee or director, Officer
1$0$0
Kelly BurbankTreasurer
Trustee or director, Officer
1$0$0
Karen NormandinSecretary
Trustee or director, Officer
1$0$0
Donald BormanTrustee
Trustee or director
1$0$0
Richard BoudreauTrustee
Trustee or director
1$0$0
Dan CoffeyTrustee
Trustee or director
1$0$0
Tiffany ComisTrustee
Trustee or director
1$0$0
John DaltonTrustee
Trustee or director
1$0$0
David DorrTrustee
Trustee or director
1$0$0
Seth HebertTrustee
Trustee or director
1$0$0
Anthony MichaudTrustee
Trustee or director
1$0$0
Arne KochTrustee
Trustee or director
1$0$0
4 more people on this return
NameTitleHours / weekCompensation
Gabriel LevesqueTrustee
Trustee or director
1$0
John SuttonTrustee
Trustee or director
1$0
Sara SylvesterTrustee
Trustee or director
1$0
Steven WebberTrustee
Trustee or director
1$0
990 for the year ended June 30, 2025: 18 people
NameTitleHours / weekCompensationOther / benefits
Jennifer CaseyExecutive Director
Officer
40$80,556$27,491
Nancy FotterChair
Trustee or director, Officer
1$0$0
Melissa HigginsVice Chair
Trustee or director, Officer
1$0$0
Dwight Littlefield2nd Vice Chair
Trustee or director, Officer
1$0$0
Kelly BurbankTreasurer
Trustee or director, Officer
1$0$0
Karen NormandinSecretary
Trustee or director, Officer
1$0$0
Richard BoudreauTrustee
Trustee or director
1$0$0
Donald BormanTrustee
Trustee or director
1$0$0
Tiffany ComisTrustee
Trustee or director
1$0$0
Dan CoffeyTrustee
Trustee or director
1$0$0
John DaltonTrustee
Trustee or director
1$0$0
David DorrTrustee
Trustee or director
1$0$0
Peter HallenTrustee
Trustee or director
1$0$0
Seth HebertTrustee
Trustee or director
1$0$0
Arne KochTrustee
Trustee or director
1$0$0
Anthony MichaudTrustee
Trustee or director
1$0$0
John T SuttonTrustee
Trustee or director
1$0$0
Sara SylvesterTrustee
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
Jennifer CaseyExecutive Director
Officer
40$76,148$27,980
John DaltonChair
Trustee or director, Officer
1$0$0
Nancy FotterVice Chair
Trustee or director, Officer
1$0$0
Melissa Higgins2nd Vice Chair
Trustee or director, Officer
1$0$0
Kelly BurbankTreasurer
Trustee or director, Officer
1$0$0
Karen NormandinSecretary
Trustee or director, Officer
1$0$0
Donald BormanTrustee
Trustee or director
1$0$0
Tina BurnhamTrustee
Trustee or director
1$0$0
Dan CoffeyTrustee
Trustee or director
1$0$0
Tiffany ComisTrustee
Trustee or director
1$0$0
David DorrTrustee
Trustee or director
1$0$0
Peter HallenTrustee
Trustee or director
1$0$0
Bruce HarringtonTrustee
Trustee or director
1$0$0
Arne KochTrustee
Trustee or director
1$0$0
Dwight LittlefieldTrustee
Trustee or director
1$0$0
Sara SylvesterTrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
92 WESTERN AVE, FAIRFIELD, ME 04937-1367
Principal officer (990 for 2025)
Nancy Fotter, 92 Western Avenue, Fairfield, ME 049371367
Signed the 990
Jennifer Casey, Executive Director
Phone
(207) 453-5020
Return prepared by
Wipfli Advisory LLC

Mission

To provide scholarships to qualifying Kennebec Valley Community College (KVCC) students and financial support to the College to use in support of academic programs, capital investment and college operations.

990 for the year ended June 30, 2026

Program accomplishments

  • Scholarships for KVCC Students.
    Expenses $309,461 · grants $309,461
  • Grants to KVCC for academic support and capital purposes.
    Expenses $19,553 · grants $19,553

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
01-0471173
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,894,152
Income (IRS master file)
$2,049,659

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$631,574$487,180$6,894,152XML
990June 2025$625,285$645,676$6,365,417XML
990June 2024$555,685$494,673$5,977,355XML
990June 2023$534,504$399,851$5,562,726IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0471173).

Questions about KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION

What is the EIN of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION?
The employer identification number (EIN) of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION is 01-0471173.
Is KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2026 names Nancy Fotter.
Who are the officers and directors of KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2026 lists 19 people; 1 received compensation from the organization, the highest $85,178 (Jennifer Casey, Executive Director).
How much revenue does KENNEBEC VALLEY COMMUNITY COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2026 it reported revenue of $631,574, expenses of $487,180 and total assets of $6,894,152 at year end.

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