~F ` r 990990s.foundationcenter.org/990_pdf_archive/510/510097856/... · 2017. 6. 23. · 1 ~F ` r . Return of Organization Exempt From Income Tax OMB No 1545-00~ Form 990 Under section

1

~F ` r

. Return of Organization Exempt From Income Tax OMB No 1545-00~

Form 990 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 2003 Depaitment of the Treasu

benefit trust or private foundation) ppgrilp Public Internal RAvenUe5ervice 1 The or ganizatio n may h a ve to use a copy of t his re tu rn to sati sfy sta te rep orting req ui rements ~t~gGf;IIn A For the 2003 calendar year, or tax year 6e

B Check if please C Name of organization applicable use IRS

inning JUL 1, 2003 and ending JUN 30, 2004 D Employer identification number

Address ~Pb ntor ENT-SUSSEX INDUSTRIES, INC . ~chan e

E::Iohange see return

Number and street (or P 0 box if mad is not delivered to street address) Initial Speafic 3 01 N . REHOBOTH BOULEVARD Feral Instruc- ~retum tions City or town, state or country, and ZIP + 4

Amended [::]return MILFORD, DE 19963 E

Application " Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts pending must attach a completed Schedule A (Form 990 or 990-E2)

G Website : "t1/A J Organization type (check only one) " M 501(c) ( 3 ) 1 (insert no) E::] 4947(a)(1) or 0 52

K Check here " = if the organization's gross receipts are normally not more than $25,000 The

organization need not file a return with the IRS, but Tithe organization received a Form 990 Package m the mail, !t: should file a return without financial data Some states require a complete return . mpiion Number

M Check " = if the organization is not required to attach L Gross receipts Add lines 6b, 8b, 9b, and 10b to line 12 . 5 2 7 4 7 9 7 . Sch B (Form 990, 994-EZ, or 990-PF)

I Revenue, Expenses, and Changes in Net Assets or Fund Balances 1 Contributions, gifts, grants, and similar amounts received

a direct public support 1 a 127,378 . b Indirect public support 1 b 277,834 .

1 c Government contributions (grants) 1 c ~ 90,480 .

I d Total (add liries to through 1c) (cash $ 412,771, noncash $ 82 , 921 . 2 Program service revenue including government fees and contracts (from Fart VII, line 93) 3 Membership dues end assessments '3 nterest on savings and temporary cash investments

` � Dividends and ;riterest ;rorr securities 6 a Gross rents SEE STATEMENT 1 ga 185, 798 .

b Less rental expenses 6b e Net rental income or (loss) (subtract line 6b from line 6a)

7 Other investment income (describe b a Gross amount from sales of assets other (A) Securities ~ B Oth er

than inventory 30 , 252 . 8a b Less cost or other basis and sales expenses 8b c Gain or (joss) (attach schedule) 30,252 . 8c d Net gain or (loss) (combine line 8c, columns (A) and (B)) STMT 2

9 Special events and activities (attach schedule) If any amount is from gaming, check here " [] a Gross revenue (not including $ 0 - of contributions

reported on line 1a) 9a 122,993 . b Less direct expenses otherthan fundraising expenses 9b c Net income or (loss) from special events (subtract line 9b from line 9a) SEE STATEMENT 3

10 a Gross sales of inventory, less returns and allowances 10a b Less cost of goods sold 10b c Gross profit or (loss) from sales of invento (attach schedule) (subtract line 10b from line 10a)

11 Other - ) 12 Total evenu ~ 8d 9c, 10c and 11 13 Progr m s rvices (from line 44, column 14 Mana a~ t a~~nef~l ~or~~~4, I~ n (C)) 15

Fu ndr ~rtg~from Ime 44, column (D))

16 Pavme is tda~f+l ufal'

10C 11 52 , 913 . 12 5,274,797 . 13 4,886,231 . is 338,382 . 15 25,131 .

Total e ense dPWA 17 5,249,744 . Excess or eficit) for the year (subtract line 17 from line 12) 18 25,053 . Net assets or fund balances at beginning of year (from line 73, column (A)) 19 3,904,842 . Other changes in net assets or fund balances (attach explanation) SEE STATEMENT 4 20 64 , 338 . Net assets or fund balances at end of year (combine lines 18, 19, and 20) 21 3,994 , 233 . LHA For Paperwork Reduction Act Notice, see the separate instructions Cnir-13--ji Form 990 (2003)

758295 5109990 2003 .06010 KENT-SUSSEX INDUSTRIES, I c

51099901 1

I

10101015

51-0097856 Room/swte E Telephone number

( 302 ) 422-4014 F AccounUngmethod ~ Cash ~ Accrual

Other O spec I

H and I are not applicable to section 527 organizations H(a) Is this a group return for affiliates? E:1 Yes D No H(b) If "Yes ;" enter cumber of affiliates H(c) Are all affiliates included? N/A ED Yes No

(If "No," attach a list ) H(d) Is this a separate return fled by an or-

---' qamzaUon covered by a aroun rulmq? I A Yes n No

O 0 N

0

N J c

N d N c N d x w

495,092 . 2 4,356,486 . 3 4 5 X0,663 .

Ac 185, 79 8-7

8d __ 30,252 .

9c 122993 .

7-03

KENT-SUSSEX INDUSTRIES, INC . `51-0Q97856 7,icStatelTlent of' All organizations must complete column (A) Columns (B), (C), and (D) are required for section 501(c)(3) Page 2

Functional Expenses and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others Do not include amounts reported on line (A) Total (B) Program (C) Management (D) Fundraising 6b . 8b. 9b . lOb . or 16 of Part l services and general

22 Gra6ts and allocations (attach schedule) cash $ noncash $ 22

23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors, etc 25 26 Other salaries and wages 26 27 Pension plan contributions 27 28 Other employee benefits 28 29 Payroll taxes 29 30 Professional fundraising fees 30 31 Accounting fees 31 32 Legal fees 32 33 Supplies 33 34 Telephone 34 35 Postage and shipping 35 36 Occupancy 36 37 Equipment rental and maintenance 37 38 Printing and publications 38 39 Travel 39 40 Conferences, conventions, and meetings 40 41 Interest 41 42 Depreciation, depletion, etc (attach schaduie) 42 43 Other expenses not covered above (itemize)

a 43a b ~ 43h c - ------ --- ---

43c d ~ ~ 43d e SEE STATEMENT 43E

298,343 .E 134,618 . 2,921,766 . 2,913,814 .

329,24 . 68,339 . 259,1&6 . 1,759 . 25, 131 . i ~uncnon~enp9nses la ( ) lu)c~ ~ m~ougn "wl

1 44 1 - aa 0 amutons co le6n columns s - ~a 1Rese totals lo fines 1315 5 , 249 , 744 .1 4 , 886 , 231 . 1 338 , 382 .

Joint Costs . Check " El if you are following SOP 98-2 Are any point costs from a combined educational campaign and fundraising solicitation reported in (B) Program services " [1 Yes LAG No If "Yes," enter (i) the aggregate amount of these point costs $ , (ii) the amount allocated to Program services $_ (iii) the amount allocated to Management and general $ ,and (iv) the amount allocated to Fu ndraising

Statement of Program Service Accomplishments What is the organization's primary exempt purposes 00, PROGRAM SERVICES TO DISABLED ADULTS Pro ram Service All organizations must describe their exempt purpose achievements in a clear and concise manner State the number of clients served, publications issued, etc Discuss

XpBnSES (Required for 501(cH3) and

achievements that a2 not measurable (Section 501(cH3) and (4) organizations and 4947(aKt) nonexempt charitable trusts must also enter the amount of grants and (q) orgs , and 4947(a)(1) allocations to others ) trusts, but optional for others

a BUSINESS OPERATIONS-PROVIDES EMPLOYEMENT THRH INDUSTRIAL SUB-

WORK AND ADJUSTMENT TRAINING ; OCCUPATIONAL SKILLS TRAINING AND JOB PLACEMENT SERVICES . 2,509,526 .

SUB-CONTRACTS, RESEARCHING/OBTAINING SPECIFICATIONS INSURING Q .C . ON PRODUCTS AND RESEARCH NEW AVENUES OF INDUSTRIAL SUB-CONTRACT WORK . (Grants and allocations I 746,791 .

c DEVELOPMENT-DEVELOPS CONTACTS WITHIN THE COMMUNITY AND BUSINESS WORLD FOR POTENTIAL CONTRACT WORK AND GRANTS AS WELL AS SERVICE CLUBS TO IMPROVE COMMUNITY RELATIONS .

160,836 . d TRANSPORTATION-SERVICES PROVIDE TRANSPORTATION FOR DISABLED ADULTS FROM THE WORKSHOP AND OTHER JOB SITES AS WELL AS SPECIAL TRIPS .

2 10101015 758295 5109990 2003 .06010 KENT-SUSSEX INDUSTRIES, INC 51099901

224,129 . 269,644 .

353,351 . 16,687 . 13,162 .

154,159 . 29,248 . 32,748 .

220,956 . 13,736 . 5,551 .

367,000 .

193,135 . 249,021 .

338,450 . 14,919 . 11,158 .

144,351 . 19,348 . 23,701 .

220,566 . 6,925 . 5,324 .

351,735 .

163,25 .

30,434 . 19,732 .

10,964 . 1,757 .

256 . 9,578 . 9,791 . 1,397 .

390 . 6,804 .

218 . 14,997 .

0 . 7,952 .

560 . 891 .

3,937 . 11 .

1,748 . 230 . 109 .

7,650 .

7 . 9 .

268 .

CONTRACT WORK FOR DISABLED ADULTS ; VOCATIONAL EVALUATION

b REHABILITATION SRVCS-PROVIDES SERVICE TO EXISTING INDUSTRIAL

(Grants and allocations $ 1 , 257,073 . e Other program services (attach schedule) STATEMENT 6 (Grants and allocations $ ~ 212,005 . f Total of Program Service Expenses (should equal line 44, column (B), Program services) " 4, 886,231 . iz3~i1 03 Form 990 (2003)

Form 990(2003) KENT-SUSSEX INDUSTRIES, INC . 51-0097856 Page 3

Pfin'E 1Y Balance Sheets

48 a Pledges receivable 48a 50,500 . b Less allowance for doubtful accounts ~ 48b

49 Grants receivable 49


Note . Where required, attached schedules and amounts within the descnption column should be for end-of-year amounts only.

45 Cash -non-interest-bearing 46 Savings and temporary cash investments

47 a Accounts receivable a7a 390,856 . b Less allowance for doubtful accounts 47h

IA1 I I IB1 Beginning of year End of year

961, 071 .1 46 1 887,208 .

370 , 933 .1 47c 1 390,856 .

50 .500 .

50 Receivables from officers, directors trustees, and key employees 50

N -'-d 51 a Other notes and loans receivable 51a

6 Less allowance for doubtful accounts 51b 51c 52 Inventories for sale or use 65,159 . 52 61,168 . 53 Prepaid expenses and deferred charges 64,084 . 53 111,070 . 54 investments -securities STMT 7 " E:l Cost ~X FMV 1,260,644 . 54 1,459,9 67 . 55 a Investments - land, buildings, and

equipment basis 55a

b Less accumulated depreciation 55b 55c 56 Investments - other 0 . 56 0 . 57 a Land, buildings, and equipment basis 57a 5L_851,175 .

b less accumulated depreciation 57b 4 , 157,837 . 1,907,030 . 1 57c 1 ,693 , 338 . 58 Other assets (describe " -- ) - 5g - 0 .

59 Total assets add lines 45 through 58 must equal line 74) 4 6 2 8 9 2 7. . I 59 4 ,654,107 . 60 Accounts payable and accrued expenses -- 379,636 . 60 - 328, 5 87 . 61 Grants payable 61 62 Deferred revenue 62

N d 63 Loans from officers, directors, trustees, and key employees 63 Y

a 64 a Tax-exempt bond liabilities 64a 25 b Mortgages and other notes payable 138,857 . 64b 80,385 .

65 Other liabilities (describe 01 __ SEE STATEMENT 8 _ ) 2 0 5 5=8 6 . 65 250 , 902 .

66 Total liabilities add lines 60 throu gh 65 724 , 079 . 66 659,874 . Organizations that follow SFAS 117, check here " X and complete lines 67 through

69 and lines 73 and 74 67 unrestricted 3,696,786 . 67 3,844,677 . 68 Temporarily restricted 208,056 . 68 149,556 .

m 69 Permanently restricted 69 Organizations that do not follow SFAS 117, check here ~ D and complete lines

70 through 74 ,°~ 70 Capital stock, trust principal, or current funds 70

N 71 Paid-in or capital surplus, or land, building, and equipment fund 71 N a 72 Retained earnings, endowment, accumulated income, or other funds 72 Y

Z 73 Total net assets or lurid balances (add lines 67 through 69 or lines 70 through 72, column (A) muse equal pine 19, column (B) must equal line 21) 3 9 0 4 8 4 2 . 73 3 , 994 , 233 .

74 Total liabilities and net assets l fund balances (add lines 66 and 73) 1 4,628,921 .1 74 I 4,654,107 . Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public

perceives an organization m such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments

323021 12-17-03

51-0097856 Page a Form 990(2003 KENT-SUSSEX INDUSTRIES Past IV-fir Reconciliation of Revenue per Audited i

Financial Statements with Revenue per Return

a Total revenue, gains, and other support per audited financial statements " a 5,339,135 .

b Amounts included on line a but not on line 12, Form 990

(1) Net unrealized gams on investments $ 64,338 .

(2) Donated services and use of facilities $

(3) Recoveries of prior year grants

(4) Other (specify)

INC . art N-B ~ Reconciliation of Expenses per Audited

Financial Statements with Expenses per Return

a Total expenses and losses per audited financial statements " a 5,249,744 .

h Amounts included on line a but not on line 17, Form 990

(1) Donated services and use of facilities $

(2) Prior year adjustments reported on line 20, Form 990

(3) Losses reported on line 20, Form 990 $

(4) Other (specify) S

Add amounts on lines (1) through (4) b 274,797 . c Line a minus line b c

d Amounts included on line 12, Form 990 but not on line a :

(1) Investment expenses not included on line 6b, Form 990 $

(2) Other (specify) a

Add amounts on lines (1) and (2) 110- d 0 . e Total revenue per Imp 12, Form 990

(line c plus line d) " e 5 2 7 4 7 9 7 . ~!~F List of Officers, Directors, Trustees, and Key E

64,338 .

----------------------------------

(a) Name and address

CLIFFORD.- T . -CROUCH

S Add amounts on pines (1) through (a)

c dine a minus line b d Amounts included on line 17, Form

990 but not on line a

(1) Investment expenses not included on line 6b, Form 990 $

(2) Other (specify)

U . 110.

lines (1) and (2) line

) r (it p enter 'p 1 aPn s'

:'RESIDENT/RETIRED

a Add amounts on

e Total expenses per 17, Form 990 (line c plus line d) 1

iiployees (List each one even if not compensated ) co (B) Title and average hours (C) Compensation (D

per week devoted to not p i , pOSItIOfI '0- . coin

0 .

5,249,744 .

ns to IFI FYnFnca

0 .1 77,985 .1 2,500 . Q, B . -CRAIG.- CROUCH ---------------------------------

0 .

--------------------------------- 0 .

--------------------------------- 0 .

0 .

1 JAYSON CROUCH

ROBERT KENNEDY

0 HR5/WEEK 93,835 .E 18,903 . P BUS . OPER .

0 HRS/WEEK

--------------------------------- BOARD OF DIRECTORS -SEE ATTACHED LIS'

0 .1 0 .

--------------------------------- ---------------------------------

------------------------------------------------------------------

r > E ]Yes M No 75 Did any officer, director, trustee, or key employee receive aggregate compensation of more than $100,000 from your organization and all related

organizations, of which more than $10,000 was provided by the related o gamzations If "Yes," attach schedule " 323031 12-17-03 Form 990 (2003)


5,249,744 .

E0

0 HRS/WEE P FINANCE

74,230 .1 3,463 .

52,293 .1 2,579

--------------------------------- ---------------------------------

-------------------------------------------------------------------


Form 990(2003) KENT-SUSSEX INDUSTRIES, INC . 51-0097856 Pages pY1 Other Information Yes No 76 Did the organization engage in any activity not previously reported to the IRS If "Yes," attach a detailed description of each activity 76 X 77 Were any changes made in the organizing or governing documents but not reported to the IRS 77 X

If "Yes ;" attach a conformed copy of the changes 78 a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this returns 78a K

b If "Yes," has it fled a tax return on Form 990-T for this years N/A 7 79 Was there a liquidation, dissolution, termination, or substantial contraction during the years 79 X

If "Yes," attach a statement 80 a Is the organization related (other than by association with a statewide or nationwide organization) through common membership,

governing bodies, trustees, officers, etc, to any other exempt or nonexempt organization? 80a X 6 If "Yes ;" enter the name of the organization

and check whether it is EJ exempt or 0 nonexempt 81 a Enter direct or indirect political expenditures See line 81 instructions 81 a1 0 .

b Did the organization file Form 1120-POL for this yea r' 81b 82 a Did the organization ;eceroe donated services or the use of materials, equipment, or facilities at no charge or at substantially less than

fair rental value? ~ 82a X 6 If "Yes ;" you may indicate the value of these dams here Do not include this amount as revenue m Fart I or as an

expense in Part II (See mstrucYions m Part III ) 82b N/A 83 a Did the organization comply with the public inspection requirements for returns and exemption applications 83a X

b Did the organization comply with the disclosure requirements relating to quid pro quo contnbutions9 83b X 84 a Did the organization solicit any contributions or gifts that were not tax deductibles 84a X

b If "Yes ;" did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible'? N/A 84b

85 50i(c)(4), (5) or (6) organizations . a WprA substantially all dues nondeductible by members N/A 45a b Did the organization make only in-house lobbying expenditures of $2,000 or less N/A g5b

If "Yes" was answPred to either 85a or 85b, do not complete 85c through 85h below unless the orgamzatioo received a wavier for proxy ?ax owed for the prior year

c Dues, assessments, and similar amounts from members ~ 8Sc N/A __ d Section 162(e) lobbying and political expenditures 85d N/A e Aggregate nondeducUb :a amount of section 5C33(e)(1 ; ;Fi dues nntw°s 858 N/A f Taxable amount of lobbying and political expenditures (line 85d less 85e) 85f NBA g Does the organization elect to pay the section 6033(e) tax on the amount on line $5f? N/A 85 h If section 6033(e)(1 )!A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of dues

allocable to nondeductible lobbying and political expenditures for the following tax years N/A 85h 86 50i(c)(7) organizations. Enter a Initiation fees and capital contributions included on line 12 85a N/A

b Gross receipts, included on line 12, for public use of club facilities 86b N/A 87 501(c)(12) organizations. Enter a Gross income from members or shareholders 87a NBA

b Gross income from other sources (Do riot net amounts due or paid to other sources against amounts due or received from them ) 87b N/A

88 At any time during the year, did the organization own a 50% or greater interest m a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 3017701-39 If "Yes," complete Part IX 88 X

89 a 501(c)(3) organizations. Enter Amount of tax imposed on the organization during the year under section 4911 . 0 . , section 4912 . 0 . , section 4955 0,_ 0 .

b 501(c)(3) and 501(c)(4) organizations . Did the organization engage m any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year If 'Yes," attach a statement explaining each transaction 89b X

c Enter Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 . 0 .

d Enter Amount of tax on line 89c, above, reimbursed by the organization " 0 . 90 a List the states with which a copy of this return is filed " DELAWARE

6 Number of employees employed in the pay period that includes March 12, 2003 ! 90b ~ 333 91 The books are in care of " KENT-SUSSEX INDUSTRIES, INC . telephone no t _(302) 422-4014-

Locatedat 1 301 REHOBOTH BLVD ., MILFORD, DELAWARE ZAP+4 . 19963

92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041- Check here " 0 and enter the amount of tax-exempt interest received or accrued during the tax year " 1 92 I N/A

323041 12-17-03 Form 990 (2003)

Form 990 (2003) KENT-SUSSEX INDUSTRIES, INC . Part V11 Analysis of Income-Producing Activities (see page 33 of the instructions ) Note' Enter gross amounts unless otherwise Unrelated business income eXclu

indicated I Business (B~ ESC) Amount S,o�

93 Program service revenue ` code code a PROGRAM SERVICE b PRODUCTION INCOME c GOVERNMENT CONTRACTS d e f Medicare/Medicaid payments g Fees and contracts from government agencies

94 Membership dues and assessments 95 Interest on savings and temporary cash investments 96 Dividends and interest from securities 14 97 Net rental income or (loss) from real estate a debt-financed property ~ 16 b not debt-financed property - I

98 Net rental income or (lass) from personal property ~-99 Other investment income 100 Gain or (loss) from sales of assets

other than inventory 18 101 Net income or (loss) from special events 102 Gross profit or (loss) from sales of inventory 103 Other revenue

a MISCELLMEOUS _-

I e

904 Subtotal (add columns (B), (0) and ;E)} 105 total (add line 104, columns (8), (D), a,io (r:))

13 x,532, 392 . 101 4,779,105 .

Note : Line 105 plus line i d, Part 1, should equal the amount on fine 12. Part l . A E~ Relationship of Activi, ties to t Lie :accomplishment of Exempt Purposes (see page 3a ottne ~rstruct~ons )

Line No . Explain how each activ ty for which income is reported m column (F) of Dart VII contributed importantly to the 3ccomplishment of the organization's exempt purposes (other than by providing funds for such purposes) SEE STATEMENT 9

Name, address, and EIN of corporation partnership, or dis regarde d entify~

of I Nature of activities income

N/A

(a) Did the organization, during the year, receive any funds, directly or indirectly, (b) Did the organization, during the year, pay premiums, directly or indirectly, on Note : If "Yes" to ( b ) , file Form 8870 and For 4720 see instructions).

Under penal es of r~u r~, I dada at I mined this return including accon Please correct, an mpl Detrlaratio pre r er than officeij is based on all infor

Sign ' p Here 5ymure of office) ~' DVe

Paid Preparer's, signature Z, ~----

Preparer's F��,~Sname (or ROWLAND, JOHNSON & COMP Use Only yours

self-employed), ' 2 READ ' S WAY, SUITE 100 323161 address, and �_�_ft'l ZIP +a NEW CASTLE, DELAWARE 19

10101015 758295 5109990 2003 .06010

51-0097856 Page 6

section 512, 513, or 514 (E1

(D) ' Related or exempt Amount function income

11,291 . 1,675,618 . 2,669,577 .

0,663 .

85 .798 .

30,252 . 3 .

52,913 .

on and (See page 34 of the instructions )

SCHEDULE A Organization Exempt Under Section 501(c)(3) (Form 990 or 890-EZ) (Except Private Foundation) and Section 501(e), 501(f), 501(k),

501(n), or Section 4947(a)(1) Nonexempt Charitable Trust

DepartmentoftheTreasury Supplementary Information-(See separate instructions.) Internal Revenue Service 1 MUST be completed by the above organizations and attached to then Form 990 or 990-EZ

' OMB No 1545-0047

2003

Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions List each one (whether individuals or firms If there are none, enter "None ")

(b) Type of service I (c) Compensation

NONE

---------------------------------------------

Total number of others receiving over $50,000 for professional services " j 0

323101/12-05-0.3 LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ . Schedule A (Form 990 or 990-EZ) 2003 7

10101015 758295 5109990 2003 .06010 KENT-SUSSEX INDUSTRIES, INC 51099901

Name of the organization Employer identification number KENT-SUSSEX INDUSTRIES, INC . 1 51 0097856

~P`t r Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 1 of the instructions List each one If there are none, enter "None ") (a) Name and address of each employee paid (b) Title and average hours (demployee be efito (e) Expense

more than $50,000 per week= to (c) Compensation Compensation Pia~s x dere�ea account and other

pOSItlOfl comcensaiion allowances

NONE

Total number of other employees paid " I 0

(a) Name and address of each independent contractor paid more than $50,000

13 D An organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described m (1) lines 5 through 12 above, or (2) section 501(c)(4), (5), or (6), if they meet the test of section 509(a)(2) (See section 509(a)(3)

Provide the following information about the supported organizations (See page 5 of the instructions ) (b) Line number

from above (a) Name(s) of supported organization(s)

14 n An organization organized and We rated to test for Dub lic safety Section 509(aWill (See oaae 6 of the instructions Schedule A (Form 990 or 990-EZ) 2003

8


Schedule A (Form 990 or 990-EZ) 2003 KENT-SUSSEX INDUSTRIES INC . ' 51-0097856 Page 2

ffl Statements About Activities (see page 2 of the instructions ) Yes No

1 Dur>ag the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendums If "Yes," enter the total expenses paid or incurred m connection with the lobbying activities 1 $ $ (Must equal amounts on line 38, Part VI-A, or line i of Part VI-B ) 1 X Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other organizations checking "Yes," must complete Part VI-B AND attach a statement giving a detailed description of the lobbying activities

2 During the year, has the organization, either directly or indirectly, engaged in any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of their families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary (If the answer to any question is "Yes, " attach a detailed statement explaining the transactions)

a Sale, exchange, or leasing of property 2a X

b Lending of money or other extension of credits 1 211

c Furnishing of goods, services, or facilities? L2c I - I X

d Payment of compensation (or payment or reimbursement of expenses if more than $1,000) L2d I I - X

e Transfer of any part of its income or assets 2e X

3 a Do you make grants for scholarships, fellowships, student loans, etc 9 (If "Yes," attach an explanation of how you determine that recipients qualify to receive payments ) 3a X

h Do you have a section 403(b) annuity plan for your employees 3b

4 Did you maintain any separate account for participating donors where donors have the right to provide advice on the use or distribution of funds 4 ~X pIV I Reason for Non-Private Foundation Status (See pages 3 through 6 of the instructions)

The organization is not 3 private foundation because it is (Please check only ONE applicable box ) 5 U A church, convention of churches, or association of churches Section 170(b)(1)(A)(i) 6 D A school Section 170(b)(1)(A)(u) (Also complete Fart V ) 7 0 A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(iii) 8 D A Federal, state, or local government or governmental unit Section 170(b)(1 )(A)(v) 9 ~ A nedical research organization operated in conjunction with a hospital Section 170(b)(1)(A)(m) Enter the hospital's name, city,

and state 04 ~ An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 17Q(b)(1)(A)(iv)

(Also complete the Support Schedule m Part IV-A ) 11a OX An organization that normally receives a substantial part of its support from a governmental unit or from the general public

Section 170(b)(1)(A)(vi) (Also complete the Support Schedule m Part IV-A ) 11b D A community trust Section 170(b)(1)(A)(vi) (Also complete the Support Schedule m Part IV-A ) 12 0 An organization that normally receives (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its charitable, etc , functions - subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 See section 509(a)(2) (Also complete the Support Schedule in Part IV-A )

323111 72-05-0.3

23 Total oflines l5throug h 22 5, 102, 928 . 5, 123, 511 . 4, 974, 789 . 5 , 147, 74 5 . 20, 348, 973 . 24 Line 23minus line t% 836, 778 . 910, 383 . 3 , :179 ,8 27 . 3,373,287 . 8 ,300,275 . 25 Enter 1% ofline 23 -51,029 .E 5 1,2350 49,74 . 51,477 . 26 Organizations described on lines 14 or 11 : a Enter 2% of amount in column (e), line 24 i 110- 26a _ 166,006 .

b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 1999 through 2002 exceeded the amount shown in line 26a Do not file this list with your return . Enter the total of all these excess amounts ~ 26b n

c Total support for section 509(a)(1) test Enter line 24, column (e) 1 26c 8,300,275 . d Add Amounts from column (e) for lines 18 1,083,755 . 19

22 26n 1110- 26d 1,083,755 . e Public support (line 26c minus line 26d total) 1 26e 7, 216,520 . f Public su pp ort ercenta e line 26e numerator divided b line 26c denominator 1 2611 86 .9431 %

27 Organizations described on line 12 : a For amounts included m lines 15, 16, and 17 that were received from a "disqualified person :" prepare a list for your records to show the name of, and total amounts received in each year from, each "disqualified person " Do not file this list with your return . Enter the sure of such amounts for each year N/A (2002) (2001) (2000) (1999)

b For any amount included in line 17 that was received from each person (other than "disqualified persons"), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 (Include m the list organizations described in lines 5 through 11, as well as individuals ) Do not file this list with your return . After computing the difference between the amount received and the larger amount described m (1) or (2), enter the sum of these differences (the excess amounts) for each year N/A (2002) (2001) (2000) (1999)

c Add Amounts from column (e) for lines 15 16 17 20 21 1 27c N/A

d Add Line 27a total and line 27b total 1 27d N/A e Public support (line 27c total minus line 27d total) 1 27e N/A f Total support for section 509(a)(2) test Enter amount on line 23, column (e) 1 2711 N/A g Public support percentage (line 27e (numerator) divided by line 27f (denominator) 1 ~27 N/A h Investment income percentage (line 18, column (e) (numerator) divided by line 27f (denominator)) 11111-, z7hT N/A

28 Unusual Grants: For an organization described in line 10, 11, or 12 that received any unusual grants during 1999 through 2002, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return . Do not include these grants m line 15

323121 12-05-03 NONE Schedule A (Form sso or ssaez) 2003 9


Schedule A (Form 990 or 990-EZ) 2003 KENT-SUSSEX INDUSTRIES INC . / 51-0097856 Page 3

Note oYo may use the wol rksheet In he checked a instrvcbonsfor converting vert~ ~~ from

or 1 the a ~Crual

cash to the

method cash method of ac co ntin ,

Calendar year (or fiscal year be innin in ) 10. (a) 2002 (b) 2001 (c) 2000 (d) 1999 (e) Total 15 Gifts, grants, and contributions

received ee~ine28jludeunusual unusual 550,447 . 651,197 . 2,866,017 . 3,148,859 . 7,216,520 .

16 Membership fees received 17 Gross receipts from admissions,

merchandise sold or services performed, or furnishing of facilities m any activity that is related to the organization's chantable,etc,purpose 4, 266, 150 . 4, 213, 128 . 1,794,962 . 1, 774, 458 . 12, 04 8, 698 .

18 Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 3o, 1975 286, 331 . 259,186 . 313,810 . 224, 428 . 1,083,755 .

19 Net income from unrelated business activities not included in line 18

yp Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf

21 The value of services or facilities furnished to the organization by a governmental unit without charge Do not include ;he value of servi ;es or facilities generally furnished to the public without charge

22 Other income Attach a schedwe Do not include gain or (loss) from sale of capital assets

34 a Does the organization receive any financial aid or assistance from a governmental agency b Has the organization's right to such aid ever been revoked or suspended

If you answered "Yes" to either 34a or b, please explain using an attached statement 35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 05 of Rev Proc 75-50,

1975-2 C B 587, covering racial nondiscrimination? If "No," attach an explanation

323131 12-05-0.3

10


Schedule A(Form990or990-EZ)2003 KENT-SUSSEX INDUSTRIES INC . ' 51-0097856 Page4 pa_ V Private School Questionnaire (Seepage 7 of the instructions) N/A

(To be completed ONLY by schools that checked the box on line 6 in Part IV)

29 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, other governing Yes No

instrument, or in a resolution of its governing body 29 30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues,

and other written communications with the public dealing with student admissions, programs, and scholarships 30 31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of

solicitation for students, or during the registration period if it has no solicitation program, in a way that makes the policy known to all parts of the general community it serves 31 If "Yes," please describe, if "No," please explain (If you need more space, attach a separate statement )

32 Does the organization maintain the following a Records indicating the racial composition of the student body, faculty, and administrative staffs 32a b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis 32b c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student

admissions, programs, and scholarships 32c d Copies of all material used by the organization or on its behalf to solicit contnbutions9 32d

If you answered "No" to any of the above, please explain (If you need more space, attach a separate statement )

33 Does the organization discriminate by race in any way with respect to a Students' rights or pnwleges9 b Admissions policies c Employment of faculty or administrative staff d Scholarships or other tmanctal assistance's e Educational policies9 f Use of facmties9 g Athletic programs h Other extracurricular activities?

If you answered "Yes" to any of the above . please explain (If you need more space, attach a separate statement )

Schedule A (Farm 990 or 990-EZ) 2003

4-Year Averaging Period Undei section 501 (h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns

below See the in structions for lines 45 through 50 on page 1 1 of th e instructions )

Lobbying Expenditures During 4-Year Averaging Period N/A Calendar year (or ~(a) (b) (r,) -~ (d) ~-(e) fiscal year beginning in) 2003 2002 ~_ -- 2001 2000 Total 45 Lobbying nontaxable j^

amount 0 . 46 Lobbying ceiling amount ,

150% of line 45( e )) 0 . 47 Total lobbying

expenditures 0 . 48 Grassroots nontaxable

amount 0 . 49 Grassroots ceiling amount

150% of line 48( e )) 0 . 50 Grassroots lobbying

exp enditures 0 . Fart VI-8 Lobbying Activity by Nonelecting Public Charities

(For reporting only by organizations that did not complete Pad VI-A) (See page 12 of the instruction s ) N/A During the year, did the organization attempt to influence national, state or local legislation, including any attempt to

Yes No Amount influence public opinion on a legislative matter or referendum, through the use of a Volunteers b Paid staff or management (Include compensation m expenses reported on lines c through h . c Media advertisements d Mailings to members, legislators, or the public e Publications, or published or broadcast statements f Grants to other organizations for lobbying purposes g Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means i Total lobbying expenditures (Add lines c through h .) ~ ~ 0 .

If "Yes" to any of the above, also attach a statement giving a detailed description of the lobbying activities 41

12305-03 Schedule A (Form 990 or 990-EZ) 2003 11


Schedule A(Form990or990-EZ)2003 KENT-SUSSEX INDUSTRIES, INC . 51-0097856 Page 5 Pstt WA , Lobbying Expenditures by Electing Public Charities (see page 9 of the instructions) N/A

(To be completed ONLY by an eligible organization that fled Form 5768) Check " a D it the organization belongs to an affiliated arouo Check " b F__1 if you checked "a" and "limited control" orovisions aoolv

Limits on lobbying Expenditures (a) (b)

Affiliated group To be completed for ALL term "expenditures" means amounts paid or incurred ) totals electing organizations

N/A 36 Total lobbying expenditures to influence public opinion (grassroots lobbying) ~ 36 37 Total lobbying expenditures to influence a legislative body (direct lobbying) j 37 38 Total lobbying expenditures (add lines 36 and 37) 38 39 Other exempt purpose expenditures 39 40 Total exempt purpose expenditures (add lines 38 and 39) 40 41 Lobbying nontaxable amount Enter the amount from the following table -

If the amount on line 40 is - The lobbying nontaxable amount is - Not over $500,000 20% of the amount on line 40

Over $500,000 but not over $1,000 000 $100,000 plus 15% of the excess over $500,000

Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 dl

Over $1,500,000 but not over $17,000,000 $225,0+7C plus 5% of the excess over $1,50U,000 Over $17,000,000 $1,000,000

42 Grassroots nontaxable amount (enter 25°ro of line 41) 42

43 Subtract line 42 from line 36 Enter -Q- if line 42 is more than line 36 43 44 Subtract line 41 from line 38 Enter -0- if line 41 is more than line 38 44

Caution . If there is an amount on either fine 43 or line 44, you must file Form 4720 .

Schedule A(Form990or990-EZ)2003 KENT-SUSSEX INDUSTRIES INC . , 51-0097856 Page 6 p~~ ~[~ Information Regarding Transfers To and Transactions and Relationships With Noncharitable

Exempt Organizations (See page 12 of the instructions ) 51 Did the reporting organization directly or indirectly engage in any of the following with any other organization described m section

501(c) of the Code (otherthan section 501(c)(3) organizations) or m section 527, relating to political organizations a Transfers from the reporting organization to a noncharitable exempt organization of Yes No

(i) Sales or exchanges of assets with a nonchantable exempt organization (ii) Purchases of assets from a nonchantable exempt organization (iii) Rental of faculties, equipment, or other assets (iv) Reimbursement arrangements (v) Loans or loan guarantees (vi) Performance of services or membership or fundraising solicitations Sharing of facilities, equWment, mailing lists, other assets, or paid employees If the answer to any of the above is "Yes," complete the following schedule Column (b) should always show the fair market vaide of the goods, other assets, or services given by the reporting organization If the organization received less than fair market value in any transaction or shannQ arrangement, show m column (d) the value of the goods, other assets, or services received N/A

52 a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described m section 501(c) of the Code (other than section 501(c)(3)) or in section 527 " ~ Yes D No

,z-os-a3 scneauie n (Form yyU or 85U-EZ) Z003 12


(i) Cash (ii) Other assets Other transactions

51a(i) X a(ii) X

b(i) X b(ii) X b(iii) X b(iv) X b(v) X b(vi) X c X

(a) I 1b) I M Line no Amount involved Name of nonchantable exempt organization Description of transfers, transactions, and sharing arrangements

KENT-SUSSEX INDUSTRIES, INC . 51-0097856

FORM 990 RENTAL INCOME STATEMENT 1

ACTIVITY GROSS NUMBER RENTAL INCOME

1 109,076 . 2 32,400 . 3 23,622 . 4 20,700 .

185,798 .

KIND AND LOCATION OF PROPERTY

301 N . REHOBOTH BLVD 258 N . REHOBOTH BLVD 301 N . REHOBOTH BLVD - SC 260 N . REHOBOTH BLVD

TOTAL TO FORM 990, PART I, LINE 6A

FORM 990 GAIN (LOSS) FROM PUBLICLY TRADED SECURITIES STATEMENT 2

GROSS COST OR EXPENSE NET GAIN SALES PRICE OTHER BASIS OF SALE OR (LOSS)

30,252 . 0 . 0 . 30,252 .

30,252 . 0 . 0 . 30,252 .

DESCRIPTION

VARIOUS SECURITIES

TO FORM 990, PAR`[' I, LINE 8

15 STATEMENT S) 1, 2, 3 10101015 758295 5109990 2003 .06010 KENT-SUSSEX INDUSTRIES, INC 51099901

FORM 990 SPECIAL EVENTS AND ACTIVITIES STATEMENT 3

GROSS CONTRIBUT . GROSS DIRECT NET DESCRIPTION OF EVENT RECEIPTS INCLUDED REVENUE EXPENSES INCOME

GOLF TOURNAMENT 39,384 . 39,384 . 39,384 . FARM & TOY SHOW 2,862 . 2,862 . 2,862 . CALENDARS 12,082 . 12,082 . 12,082 . VALENTINE GALA 7,152 . 7,152 . 7,152 . TOMORROW SOCIETY 61,513 . 61,513 . 61,513 .

TO FM 990, PART I, LINE 9 122,993 . 122,993 . 122,993 .

KENT-SUSSEX INDUSTRIES, INC . ', 51-0097856

FORM 990 OTHER CHANGES IN NET ASSETS OR FUND BALANCES STATEMENT 4

DESCRIPTION

NET UNREALIZED GAIN ON INVESTMENTS

TOTAL TO FORM 990, PART I, LINE 20

AMOUNT

64,338 .

64,338 .

FORM 990 OTHER EXPENSES STATEMENT 5

(A) (B) (C) (D) PROGRAM MANAGEMENT

TOTAL SERVICES AND GENERAL FUNDRAISING

204,117 . 190,290 . 13,689 . 138 . 56,545 . 11,895 . 44,650 .

25,824 . 25,824 . 38,040 . 29,315 . 7,104 . 1,621 . 4,738 . 1,842 . 2,896 .

329,264 . 259,166 . 68,339 . 1,759 .

INSURANCE PROFESSIONAL FEES CLIENT SPECIAL ACTIVITIES MISCELLANEOUS MEMBERSHIP DUES

TOTAL TO FM 990, LN 43


DESCRIPTION

FORM 990 OTHER PROGRAM SERVICES STATEMENT 6

GRANTS AND DESCRIPTION ALLOCATIONS EXPENSES

CAFETERIA-PROVIDES MEALS TO DISABLED ADULTS . 212,005 .

TOTAL TO FORM 990, PART III, LINE E 212,005 .

KENT-SUSSEX INDUSTRIES, INC . 5 -0097856

FORM 990 NON-GOVERNMENT SECURITIES STATEMENT 7

1,459,967 . 1,459,967 .


CORPORATE CORPORATE SECURITY DESCRIPTION STOCKS BONDS

AMERICAN FUNDS - DEFD COMP FIXED AND EQUITY SECURITES

TO 990, LN 54 COL B

OTHER PUBLICLY TOTAL TRADED OTHER NON-GOV'T

SECURITIES SECURITIES SECURITIES

250,902 . 250,902 .

1,209,065 . 1,209,065 .

FORM 990 OTHER LIABILITIES STATEMENT 8

DESCRIPTION AMOUNT

DEFERRED COMPENSATION PAYABLE 250,902 .

TOTAL TO FORM 390, PART IVY LINE 65, COLUMN B 250, 902 .

FORM 990 PAR'?' VIII- RELATIONSHIP OF ACTIVITIES TO STATEIKtNT ACCOMPLISHMENT OF EXEMPT PURPOSES

LINE EXPLANATION OF RELATIONSHIP OF ACTIVITIES

93A CONTRACTS PROVIDED SERVICE TO EXISTING INDUSTRIAL SUB-CONTRACTS, RESEARCHING AND OBTAINING SPECIFICATIONS, INSURING QUALITY CONTROL ON PRODUCTS AND RESEARCH NEW AVENUES OF INDUSTRIAL SUB-CONTRACT WORK ; PROVIDES COMPETITIVE JOB BIDS AND INSURES ACCURATE PIECE RATES BASED ON PREVAILING INDUSTRIAL RA'Z'ES .

93B TRAINING FEES PROVIDED EMPLOYMENT THROUGH INDUSTRIAL SUB-CONTRACT WORK FOR DISABLED ADULTS ; PROVIDED VOCATIONAL EVALUATION, WORK ADJUSTMENT TRAINING AND OCCUPATIONAL SKILLS TRAINING ; PROVIDES JOB PLACEMENT SERVICES FOR THOSE WHO HAVE DEMONSTRATED COMPETITIVE ABILITY .

93C GOVERNMENT CONTRACTS ARE DIRECTLY RELATED TO TAX EXEMPT PURPOSE IN 101 FUND RAISING EVENTS DIRECTLY RELATED TO EXEMPT PURPOSE . 103A MISCELLANEOUS INCOME DIRECTLY RELATED TO THE ORGANIZATIONS TAX EXEMPT

PURPOSE . BY PROVIDING SUPPORT AND SERVICES, WHICH HELP INDIVIDUALS WHO NEED, SPECIALIZED ASSISTANCE TO OBTAIN & MAINTAIN OPTIMAL LEVEL OF EMPLOYMNT

01-18300 A/D - OFFICE EQUIPMENT 60,010.29 1,161 .34 61,171 63 01-18500 A/D - WORKSHOP EQUIPMENT 267,972 67 5,138.79 273,111 46 01-18700 A/D - AUTO 609,884 77 148,606 77 758,491 54 01-19100 A/D - BUILDING 1,939,716 22 114,821 .60 2,Q54,537.82

2,877,583.95 269,728 50 3,147,312.45

02-18300 A/D - OFFICE EQUIPMENT 147,525 80 3,904.48 151,430 28 02-18500 A/D - WORKSHOP EQUIPMENT 93,255.43 17,181 .69 110,437 12 02-18700 A/D - VEHCILE EQUIPMENT 350,300 92 8,749.89 359,050 81 02-19100 A/D - BUILDING 294,963.76 64,001 13 358,964.89 02-19200 A/D - MAINT EQUIPMENT 14,554 90 1,244.40 15,799.30 02-19300 A/D - CAFETERIA EQUIPMENT 12,651 91 2,189.94 14,841 .85

913,252 72 97,271 53 1,010,524.25

3,790,836 67 367,000.03 4,157,836.70

01-99000-01-010 DEPRECIATION EXPENSE 3,854 .63 4,062.09 4,062.09 01-99000-01-012 DEPRECIATION EXPENSE 1,17849 1,291 32 1,291 .32 01-99000-01-014 DEPRECIATION EXPENSE 65786 731 39 731 39 01-99000-01-016 DEPRECIATION EXPENSE 602.33 73289 732.89 01-99000-02-001 DEPRECIATION EXPENSE 47260 803.93 80393 01-99000-03-001 DEPRECIATION EXPENSE 47.48 5714 57.14 01-99000-03-002 DEPRECIATION EXPENSE 4.10 01-99000-05-001 DEPRECIATION EXPENSE 19,959 11 21,378 10 21,378 10 01-99000-06-002 DEPRECIATION EXPENSE 66,138.46 69,781 49 69,781 .49 01-99000-07-002 DEPRECIATION EXPENSE 2,91734 3,491 .12 3,491 12 01-99000-08-002 DEPRECIATION EXPENSE 689.29 79705 79705 01-99000-11-001 DEPRECIATION EXPENSE 58.98 01-99000-15-001 DEPRECIATION EXPENSE 42447 50303 50303 01-99000-16-001 DEPRECIATION EXPENSE 0.00 01-99000-20-002 DEPRECIATION EXPENSE 321 .68 35426 35426 01-99000-22-005 DEPRECIATION EXPENSE 3,25440 3,64539 3,645.39 01-99000-24-002 DEPRECIATION EXPENSE 7,454.94 8,71637 8,71637

KENT-SUSSEX INDUSTRIES, INC" FIXED ASSET LEAD SCHEDULE YEAR ENDED 06/30/04

ADJBAL ADJUST ADJBAL ACCT # ACCOUNT 06/30/03 06/30/03

01-16000 OFFICE EQUIPMENT 86,320 08 86,320 08 01-16200 WORKSHOP EQUIPMENT 269,596 68 269,596 68 01-16300 CAFETERIA EQUIPMENT 20,530.50 20,530 50 01-16400 AUTO 973,950 80 100,129.18 1,074,079.98 01-17000 ARCHITECT FEES 24,501 01 24,501 01 01-17200 BUILDINGS 2,954,089 65 53,178.17 3,007,267 82 01-17400 CONTINGENCY 8,04206 8,04206

4,337,030.78 153,307 35 4,490,338 13

02-16000 OFFICE EQUIPMENT 154,486 67 154,486 67 02-16200 WORKSHOP EQUIPMENT 176,995 67 176,995.67 02-16300 CAFETERIA EQUIPMENT 21,055.24 21,055 24 02-16400 VEHICLE EQUIPMENT 380,434 60 380,434 60 02-16500 MAINTENANCE EQUIPMENT 15,250.00 15,250 00 02-17200 BUILDINGS 612,613 81 612,613 81

1,360,835 99 000 1,360,835.99

5,697,866 77 153,307 35 5,851,174.12

436,218.08 367,000 03 367,000.03

01-99000-32-004 DEPRECIATION EXPENSE 166,832 60 152,172 17 152,172 17 01-99000-62-007 DEPRECIATION EXPENSE 15478 17145 1~1 45 01-99000-68-003-00 DEPRECIATION EXPENSE 389.60 65385 65385 01-99000-68;003 DEPRECIATION EXPENSE 60628 45461 454.61

276,019 42 269,797 65 269,797 65

01-80011-32-004 GAIN(LOSS) ON SALE OF ASSETS

02-99000-01-010 DEPRECIATION EXPENSE 12,581 05 5,29544 5,29544 02-99000-01-012 DEPRECIATION EXPENSE 804.34 725.53 725.53 02-99000-01-014 DEPRECIATION EXPENSE 1,69302 1,73428 1,734.28 02-99000-01-016 DEPRECIATION EXPENSE 367.08 42393 42393 02-99000-02-001 DEPRECIATION EXPENSE 318.60 333 .97 33397 02-99000-03-001 DEPRECIATION EXPENSE 3519 3215 3215 02-99000-05-001 DEPRECIATION EXPENSE 13,460 49 11,959 03 11,959 03 02-99000-06-002 DEPRECIATION EXPENSE 58,917 95 53,457 05 53,457.05 02-99000-07-002 DEPRECIATION EXPENSE 1,99237 1,856.14 1,85614 02-99000-08-002 DEPRECIATION EXPENSE 43565 44318 443.18 02-99000-11-001 DEPRECIATION EXPENSE 4374 02-99000-15-001 DEPRECIATION EXPENSE 287.75 28258 282.58 02-99000-20-002 DEPRECIATION EXPENSE 240.04 183.12 18312 02-99000-22-005 DEPRECIATION EXPENSE 5,63972 4,16009 4,16009 02-99000-24-002 DEPRECIATION EXPENSE 4,62757 4,84274 4,84274 02-99000-32-004 DEPRECIATION EXPENSE 57,969 47 10,753.75 10,753.75 02-99000-62-007 DEPRECIATION EXPENSE 10559 9636 96.36 02-99000-63-003-00 DEPRECIATION EXPENSE 26566 244.08 244.08 02-99000-68-003 DEPRECIATION EXPENSE 413.38 37896 378.96

160,198 66 97,202 38 97,202.38

GAIN ON SALE OF ASSETS 0.00 0.00

KENT-SUSSEX INDUSTRIES, INC. BOARD OF DIRECTORS

July 1, 2004 - June 30, 2005 NAME APFII.IATlONS

2001 2003-06 Invtsta 25876 DuPont Road Seaford DE 19973 629-18b5 steven .r .kimnGOn(g)inyista. com

Steve Kimpton CHAIR 2004 - 2006 204 Rivers End Seaford, DE 19973 629-0105 381.2442 (Cell)

Spouse : Kathryn

1991 2003 .06

Richard D. Carmean City Manager SECR$TA~tY *Ciry of Milford 102 McCoy Street PO Box 159 Milford, DE 19963 Milford, DE 19963 422"0404 422-6616 ext. 14 mjlfordchiefChocmail-nom FAX; 422-1120

" Mispillion Rotary

Spouse : )ackie

Chief Executive Officer " Governors Committee on B. Craig Crouch '"Kent-Sussex Industries, Inc. Employment of People with 502 Meadowbrooke Lane: 301 N. Rehoboth Blvd. Disabilities Milford DE 19963 Milford, DE 19963 " D$ Workforce Inv~~stmens Board 424-0870 422.4014, exc. 3009 " Mispillion Rotary

FAX 422-5848 " Chamber of Commerce for Spouse : Jaruce crouchceksunc.org Grcacer Milford

1997 2003-06 Retired, Principal Lake Forest School District

" Mt. Enon Baptist C hutch " LIFE Sub,,scriblrig Member NAACP " Phi Delta Kappa Educational Fraternity " DE Stare Educarirni Association -National Education Association

TCSx B0APM OF DIRECTORS July 1, 20044une 30, 2005 Page 1 of 3

10/18/2004 1 :27 FAX. 422 5848 RSI

OCCUx'A'x'i0N/UTLE

Q 002

* Preferred Mailing Address 0 Indicates Past Chair 0 Indicates Founding Member

9E FAD, 'I'EM1

0 M. Jane Brady, Esquire Attorney General 1543 Savulnah Road 'Deparcmene of )usace Lewes, DE 1995$ 820 N. French Sc. 6' Floor 645-6542 Wilmington, DE 19801

577-8338 Spouse : Michael Neal Dover: 739-4Z 11

Georgetown: 856-5352 FAX: 577.2610 ibradv(a_)state,de .ue

" Big Brothers/Big Si,ters " Victim Rights Task Force, Board of Directors " Children Trust Furkd, Board of Directors " DE Council on Crime and Justice, Board of Dire Ctors

Frederick DufFy VICE CI~ATI~ *7221 Cedar Creek Road Lincoln, DE 19960 422-6965

Spouse : Delema

10118/2004 13 :27 FAX 422 5848 RSI

NAB

0 , David R Hitchens '"20026 Beaver Dam Road Milfrnd, DE 19963 424-7778 136-1611 (Cell) DRHitchczu0151(ayshoo.com

CCUPATION LE

Retired, President Riparius Communications

AFFIY X.A,ITONS EI~ D TERM

1987 2003 .06

Spouse : Rachel

Joseph C. Holler Reared, Group Manager =120 Carnoustie Road Human Resources Dover, DE 19904 Procter & Gamble Dover Wipes 678-9755 Company ihollerC&dmv.com

1999 2002-OS

Spouse. Ellen

Gary R. Knight 5525 L, Nethsdale Dr. Salisbury, MD 21801 410n49-4831 Garvll3iuiMDRaol.com

" Joseph House 1996 2002-05 " Trinity U. M. Church " Pembercon Historical. Society

Business Operations Manager *Invista 25876 DuPont Road Seaford, DE 19973 629.1376 FAX 629-1829

Spouse : Nancy

Shirley Rc:nzi Realtor " Milford Scnior Cenrer, Treasurer 1994 2003.06 *1296 Cedar Creek Road ERA Harnngton Realty " Greater Milford Chamber of Lincoln, DE 19960-2601 422,2424 Commerce. Director 422 .2365 FAX 422-6787 " Kent County Assot iation of

s_renzi2ha ' ronera.com Realtors, Treasurer Spouse : Louis rea~enc(a~din~ .com

Patricia Rodxlguez Community Activist *878 Walnut Shade Drive Dover, DE 19901 697,6811 trishrod6aaoLcom

1970 2002-OS

Spouse : Nicholas

fit' Muriel Schwac[t George M. Schwarcz Enc. 2002 2002-05 0 "'PO Sox 596 6 S. State Sweet

Dover, DE 19903 Dover, DE 19901 734-3007 734.5809

Director of Technical Affairs Interns, Inc. 405 State Street Millsboro, DE 19966 934-4279 Phil.awlevaincciv~t.com FAX: 934-4209

" St . John's Catholic Zhurch 1994 2003 .06

KSI BOARD OF DIRECTORS July 1, 2004-June 30, 2005 Page 2 of 3

Zooa

0 Philip R. Staley *115 N.W . Front Street Milford, DE 19963 422.2285

Spouse- Tommye

10/18/2004 1 :28 FAQ 422 5848 KSI

OCCUPA'TYONTlI'ITLE

Retired, Lc. Colonel U.S . Air Force

N&A

0 ,Robert Thomas "92 Peach Blossom Lane Camden, DE 19934 697-2761 rreeehomsaCa)catthlink-net

L,ECTED TERM

1974 100Z "05

AFF T_IONS

" Holy Cross Church " Board Member, M~d-Del Chapter ARC of DE " Special Olympics Coach " Reared Officers A ,vociation

i

KS1 BOARD OF DIRECTORS July 1> 2004-June 30, 2005 Page 3 of 3

[a ooa

Spouse : Elizabeth

0 Roy L. Wallace Manager, Human Resources 1993 ZOOZ-OS PAST CFiAIIR '"Comc,jst Cable TV 2002 - z004 5729 W. Denny's Road 15 Holly Hill Road Dover, DE 19904 Milford, DE 19963 672-5962 422-3236 FAX: 674-0647

*oy ,vallaeeQa eablaeomcase.com Spouse : Cindy

James Walls Reared, VP Corporate Banking " Sc. Echnond's Parish, Vice Char 1984 2003.06 YREASL~t~t pNC Bank Salc6tL.ight Outreach *25090 Herring Landing " DE Bankers Association Lewes, DE 1.9958 945.0445 can~ld'.walLraacc .nec

Spouse : Cheryl

Documents

~F ` r 990990s.foundationcenter.org/990_pdf_archive/510/510097856/... · 2017. 6. 23. · 1 ~F ` r . Return of Organization Exempt From Income Tax OMB No 1545-00~ Form 990 Under section