Kiski School asks for higher annual tower site rental fee

Feb 10, 2012 Full story: PittsburghLive.com 68

Worried that the county is being nickeled and dimed to death in a fiscal environment that is only going to get worse, Indiana County Commissioner Rod Ruddock said Wednesday he will ask the private Kiski School in Saltsburg to reconsider a lease for the county's use of school property on which a county radio transmission tower is located.

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formersburger

Vineland, NJ

#41 Apr 23, 2012
Judith the dusty bee word wrote:
<quoted text>
Tax exempt? Like they pay no taxes? the head guy makes 200+ and they pay no taxes. How is that legal? 131 aint got no donation from the grey poupon people and 131 rolls a few times a month the taxpayers have to pay for this. people say ruddock is getting a kickback to payoff kiski with taxpayers money. good grief, no taxes?
Of course they pay taxes on their incomes. Kiski is tax exempt. The school doesn't pay taxes on it's income. It has to meet certain criteria to remain tax exempt. Don't confuse the school's tax exemption with the individual. Even if you work for a non profit, charity, church, etc. you still have to pay personal income taxes, social security, and the rest.
head master 40K cheatems

East Pittsburgh, PA

#42 Apr 23, 2012
formersburger wrote:
<quoted text>
Of course they pay taxes on their incomes. Kiski is tax exempt. The school doesn't pay taxes on it's income. It has to meet certain criteria to remain tax exempt. Don't confuse the school's tax exemption with the individual. Even if you work for a non profit, charity, church, etc. you still have to pay personal income taxes, social security, and the rest.
kiski prep lost $800,000 in 2010! no wonders they need 10 large from the taxpayers for the 911 radio tower. the same time the school made a $40,000, zero interest personal loan to the headmaster? Borrow money from your not for profit? How the freak does that work?
not formersburger

East Pittsburgh, PA

#43 Apr 23, 2012
formersburger

Vineland, NJ

#44 Apr 24, 2012
not formersburger wrote:
OK..........that's the tax return for the school, so what is your point? I am not arguing that the school should or should not raise it's fee. All I have ever said is it is their land to do with what they please whether we like it or not. If the school is costing 131 money for false alarms then 131 and the school need to come to an arrangement.

As for the postings of the lead staff's salaries as a reason for donating or not donating land use, I fail to see your point. These people do not own the school, they work for it. The school is governed by a board of trustees and administrated by the staff.

I just don't fall into the "green monster of envy" nonsense when a person makes a boatload more money than I do. These people and others like them went to college, got several degrees, paid for that education and are reaping the benefits of that commitment. More power to them. This is the senior staff and their salaries are probably comparable to a Public School Superintendants. Principals, etc. I chose not to graduate from a college and so I live with that decision.

The main source of the schools income is from cororate grants, alumni contributions and then tuition etc. As the economy tanked and affected all of us, these donations were reduced. The school is trying to find additional resources and this is one of them.

Instead of being grateful that they gave the land for so long for a paltry dollar, some here find it offensive that they asked for a fair price based on other comparable fees.

It seems to me that many of you folks would like to see the school close. Well take heart, many private schools have, and this one may not be too far off.
Fireman Bob

Wilmerding, PA

#45 Apr 25, 2012
formersburger wrote:
<quoted text>
OK..........that's the tax return for the school, so what is your point? I am not arguing that the school should or should not raise it's fee. All I have ever said is it is their land to do with what they please whether we like it or not. If the school is costing 131 money for false alarms then 131 and the school need to come to an arrangement.
As for the postings of the lead staff's salaries as a reason for donating or not donating land use, I fail to see your point. These people do not own the school, they work for it. The school is governed by a board of trustees and administrated by the staff.
I just don't fall into the "green monster of envy" nonsense when a person makes a boatload more money than I do. These people and others like them went to college, got several degrees, paid for that education and are reaping the benefits of that commitment. More power to them. This is the senior staff and their salaries are probably comparable to a Public School Superintendants. Principals, etc. I chose not to graduate from a college and so I live with that decision.
The main source of the schools income is from cororate grants, alumni contributions and then tuition etc. As the economy tanked and affected all of us, these donations were reduced. The school is trying to find additional resources and this is one of them.
Instead of being grateful that they gave the land for so long for a paltry dollar, some here find it offensive that they asked for a fair price based on other comparable fees.
It seems to me that many of you folks would like to see the school close. Well take heart, many private schools have, and this one may not be too far off.
If ten thousand dollars is going to make a difference then they is in bad shape. Mr Pidgeon the old head guy used to invite us up for a big bash every year. We weren't allowed to golf. Now we dont get crap, just false alarms from kids smoking cigs and dope or huffing paint in their $60 thousand a year dorm rooms. No bodies in Saltsburg would shed a tear if the snobs on the hill left since they dont do nuttin for town or 131 or 330. They used to be good for restaurants that delivered so they put in a snack bar to keep the money on the hill.
Fireman Bob

East Pittsburgh, PA

#46 Apr 25, 2012
head master 40K cheatems wrote:
<quoted text>
kiski prep lost $800,000 in 2010! no wonders they need 10 large from the taxpayers for the 911 radio tower. the same time the school made a $40,000, zero interest personal loan to the headmaster? Borrow money from your not for profit? How the freak does that work?
How the freak does that work?

its good to be the aye-hole in charge!
who

Johnstown, PA

#47 Apr 25, 2012
what
kiski insider

Belle Vernon, PA

#48 Apr 28, 2012
Fireman Bob wrote:
<quoted text>
If ten thousand dollars is going to make a difference then they is in bad shape. Mr Pidgeon the old head guy used to invite us up for a big bash every year. We weren't allowed to golf. Now we dont get crap, just false alarms from kids smoking cigs and dope or huffing paint in their $60 thousand a year dorm rooms. No bodies in Saltsburg would shed a tear if the snobs on the hill left since they dont do nuttin for town or 131 or 330. They used to be good for restaurants that delivered so they put in a snack bar to keep the money on the hill.
1. A check for $6,200 was mailed to the Saltsburg VFD over three weeks ago on April 5. This is the full amount of the 911 tower lease payment received by Kiski from the county as reported in the Indiana Gazette. The check was accompanied by a letter committing the full $6,200 to the VFD annually for the life of the lease which expires in 2022. Kiski’s intention to make this donation totaling $62,000 over 10 years was disclosed to members of the VFD in early February. It’s unclear why they have not shared this information with members of the community - but it's a fact.

2. The $800,000 “loss” had nothing to do with school operations. From 2008-2010 Kiski’s investment portfolio decreased by around $3 million. The same was true for every other private school and college in the country. For comparison, CMU lost $60 million during that same time period. For the 2011 fiscal year Kiski’s net revenues were positive by $200,000. The school is in solid shape financially.

3. The loan to the headmaster was at 4.5% interest. It’s illegal for nonprofits to make zero-interest loans to employees but loans at prime rate are relatively common since it’s a way for an organization to benefit from the interest payments rather than having that money go to a bank. That’s why there is an entire section called “loans” on the public disclosure form all nonprofits file annually.

Kiski has been in operation for 125 years and currently employs around 90 people with about 200 boys enrolled. Those people and their families patronize Saltsburg businesses every day. The school utilizes local construction companies and suppliers for campus building projects. Kiski is one of the largest customers of Saltsburg S&T Bank. Several Kiski employees serve on the VFD. Kiski students regularly participate in local and regional community service programs. Many teachers and staff members are active members of Saltsburg churches. The school financially supported improvements to the Saltsburg trail and student volunteers continue to help maintain it. Two of the school’s alumni donated money and helped raise funding for the mule barn restoration project in town last year. Kiski offers free use of fields and facilities to SHS track team, midget football, local little league teams, and a Boy Scout troop. Those are just a few of the positive connections that exist between the school and the town.

Saltsburg would be better off if Kiski went out of business? Everyone’s entitled to an opinion – but it makes sense to form those opinions based on facts rather than inaccurate information or town gossip.
FB Fan

Saltsburg, PA

#49 Apr 29, 2012
kiski insider wrote:
<quoted text>
1. A check for $6,200 was mailed to the Saltsburg VFD over three weeks ago on April 5. This is the full amount of the 911 tower lease payment received by Kiski from the county as reported in the Indiana Gazette. The check was accompanied by a letter committing the full $6,200 to the VFD annually for the life of the lease which expires in 2022. Kiski’s intention to make this donation totaling $62,000 over 10 years was disclosed to members of the VFD in early February. It’s unclear why they have not shared this information with members of the community - but it's a fact.
2. The $800,000 “loss” had nothing to do with school operations. From 2008-2010 Kiski’s investment portfolio decreased by around $3 million. The same was true for every other private school and college in the country. For comparison, CMU lost $60 million during that same time period. For the 2011 fiscal year Kiski’s net revenues were positive by $200,000. The school is in solid shape financially.
3. The loan to the headmaster was at 4.5% interest. It’s illegal for nonprofits to make zero-interest loans to employees but loans at prime rate are relatively common since it’s a way for an organization to benefit from the interest payments rather than having that money go to a bank. That’s why there is an entire section called “loans” on the public disclosure form all nonprofits file annually.
Kiski has been in operation for 125 years and currently employs around 90 people with about 200 boys enrolled. Those people and their families patronize Saltsburg businesses every day. The school utilizes local construction companies and suppliers for campus building projects. Kiski is one of the largest customers of Saltsburg S&T Bank. Several Kiski employees serve on the VFD. Kiski students regularly participate in local and regional community service programs. Many teachers and staff members are active members of Saltsburg churches. The school financially supported improvements to the Saltsburg trail and student volunteers continue to help maintain it. Two of the school’s alumni donated money and helped raise funding for the mule barn restoration project in town last year. Kiski offers free use of fields and facilities to SHS track team, midget football, local little league teams, and a Boy Scout troop. Those are just a few of the positive connections that exist between the school and the town.
Saltsburg would be better off if Kiski went out of business? Everyone’s entitled to an opinion – but it makes sense to form those opinions based on facts rather than inaccurate information or town gossip.
Cute, mostly lies or twisted distortions. If you believe any of that garbage you are retarded.
formersburger

Vineland, NJ

#50 Apr 30, 2012
FB Fan wrote:
<quoted text>
Cute, mostly lies or twisted distortions. If you believe any of that garbage you are retarded.
Sounds like they did a little research. What research do you have to back up your allegations of lies and distortions? Just a question. Not meant to offend.
Trojan Fire

Monroeville, PA

#51 May 3, 2012
I am a proud Saltsburg firefighter. Ask any of us about the money, it was all donated to us, not one dime to the Kiski sqirrels!
poe taxpayer

East Pittsburgh, PA

#52 May 3, 2012
Trojan Fire wrote:
I am a proud Saltsburg firefighter. Ask any of us about the money, it was all donated to us, not one dime to the Kiski sqirrels!
kiski got money from the taxpayers, donated it to the firehall they send on false alarms. why am i not amused. whats next an ahi-tuna boot drive?
Trojan Fire

Clarksburg, PA

#53 May 4, 2012
You want us to protect your home but don't want to pay taxes? Grow up, you need the fire department!
Hick up

Vandergrift, PA

#54 May 5, 2012
Trojan Fire wrote:
You want us to protect your home but don't want to pay taxes? Grow up, you need the fire department!
help ive fallen and i cant get it up.
grey poopon

Wilmerding, PA

#55 May 7, 2012
kiski insider wrote:
<quoted text>

3. The loan to the headmaster was at 4.5% interest. It’s illegal for nonprofits to make zero-interest loans to employees but loans at prime rate are relatively common since it’s a way for an organization to benefit from the interest payments rather than having that money go to a bank. That’s why there is an entire section called “loans” on the public disclosure form all nonprofits file annually.
why did the headmaster get a 45,000 loan? about three times the local income for a household mind ya, inquiring minds want to know. if ya aint heard, the rumors in town are over the top.
abdulah kablamadwhtski

Jakarta, Indonesia

#56 Jun 16, 2012
kiski insider wrote:
<quoted text>
1. A check for $6,200 was mailed to the Saltsburg VFD over three weeks ago on April 5. This is the full amount of the 911 tower lease payment received by Kiski from the county as reported in the Indiana Gazette. The check was accompanied by a letter committing the full $6,200 to the VFD annually for the life of the lease which expires in 2022. Kiski’s intention to make this donation totaling $62,000 over 10 years was disclosed to members of the VFD in early February. It’s unclear why they have not shared this information with members of the community - but it's a fact.
2. The $800,000 “loss” had nothing to do with school operations. From 2008-2010 Kiski’s investment portfolio decreased by around $3 million. The same was true for every other private school and college in the country. For comparison, CMU lost $60 million during that same time period. For the 2011 fiscal year Kiski’s net revenues were positive by $200,000. The school is in solid shape financially.
3. The loan to the headmaster was at 4.5% interest. It’s illegal for nonprofits to make zero-interest loans to employees but loans at prime rate are relatively common since it’s a way for an organization to benefit from the interest payments rather than having that money go to a bank. That’s why there is an entire section called “loans” on the public disclosure form all nonprofits file annually.
Kiski has been in operation for 125 years and currently employs around 90 people with about 200 boys enrolled. Those people and their families patronize Saltsburg businesses every day. The school utilizes local construction companies and suppliers for campus building projects. Kiski is one of the largest customers of Saltsburg S&T Bank. Several Kiski employees serve on the VFD. Kiski students regularly participate in local and regional community service programs. Many teachers and staff members are active members of Saltsburg churches. The school financially supported improvements to the Saltsburg trail and student volunteers continue to help maintain it. Two of the school’s alumni donated money and helped raise funding for the mule barn restoration project in town last year. Kiski offers free use of fields and facilities to SHS track team, midget football, local little league teams, and a Boy Scout troop. Those are just a few of the positive connections that exist between the school and the town.
Saltsburg would be better off if Kiski went out of business? Everyone’s entitled to an opinion – but it makes sense to form those opinions based on facts rather than inaccurate information or town gossip.
Non-profits in United States regularly make loans to organizations, not employees, payments to employees are part of compensation packages NOT loans. sounds very fishy indeed. no wonder your township and county looking to remove non-profit status from you.

$45,000 sounds fishy. does this man make payments? where is record of this. maybe you can dispel the rumors we hear. why would anyone making $200,000+ in income need a loan that is risky to organization? sounds very irregular. does this organization have a competent board of directors?
Timmah

Tver, Russia

#57 Jun 16, 2012
abdulah kablamadwhtski wrote:
<quoted text>
Non-profits in United States regularly make loans to organizations, not employees, payments to employees are part of compensation packages NOT loans. sounds very fishy indeed. no wonder your township and county looking to remove non-profit status from you.
$45,000 sounds fishy. does this man make payments? where is record of this. maybe you can dispel the rumors we hear. why would anyone making $200,000+ in income need a loan that is risky to organization? sounds very irregular. does this organization have a competent board of directors?
Some things in life smell fishy, some things are 100% illegal.
Non-profit loans are unusual and highly regulated due to the potential for fraud via misappropriated funds. First and foremost the loan must be secured with wealth or a lien on wealth and include interest at least at the commercial rate, not prime lending rate.
Loaning money to the head of a non-profit organization is not fishy, it is illegal. They are considered disqualified persons in the IRS regulations and in all 50 states. This is true for any person who was, at any time during a 5-year period ending on the date of a loan, in a position to exercise substantial influence over the affairs of the organization or any member of the family of the same individual.
I can answer your last question, the board of directors is not competent if they allowed the head of the school to take a loan under any terms. If so, they clearly violated the 501 guidelines which could jeopardize the organizations non-profit status and cause the organization to incur monetary penalties or possibly criminal liabilities. Quite often the boards of these organizations are made up of friends or acquaintances who have no experience with the regulations that they operate under.
Na-zda-ró-vye!
fact check

Belle Vernon, PA

#58 Jun 17, 2012
The loan was at 4.5%, well above the commercial lending rate. It was repaid in full, with interest, ahead of schedule with repayments documented on public IRS 990 filings. It could not have been more above-board and transparent. The terms of the written loan agreement were reviewed by legal counsel, two independent auditing firms, and the IRS.

According to IRS 990 filings for the past two years, similar loans were made to headmasters of two Pittsburgh private schools in the amounts of $30,000 and $60,000, and to the headmaster of another PA school for $250,000. Such loans are common practice at colleges & universities too. The president of one PA college was recently loaned $340,000 and two vice presidents at another PA college were loaned $44,000 and $124,000. There are literally hundreds of examples on public IRS 990 filings for private schools and colleges. Provided these loans are adequately secured, have a written repayment schedule, are approved by the board of trustees, and are made at least at the commercial rate, there’s nothing improper or illegal about them. This is just another example of people trying to point to fire where there isn’t even any smoke.
Fact Checker

Wilmerding, PA

#59 Aug 13, 2012
cheatem wrote:
<quoted text>
So they aren't using to money to pay off the uppity negro lawsuit they lost?
BINGO!
Anthony 45

Wilmerding, PA

#61 Aug 29, 2012
fact check wrote:
The loan was at 4.5%, well above the commercial lending rate. It was repaid in full, with interest, ahead of schedule with repayments documented on public IRS 990 filings. It could not have been more above-board and transparent. The terms of the written loan agreement were reviewed by legal counsel, two independent auditing firms, and the IRS.
According to IRS 990 filings for the past two years, similar loans were made to headmasters of two Pittsburgh private schools in the amounts of $30,000 and $60,000, and to the headmaster of another PA school for $250,000. Such loans are common practice at colleges & universities too. The president of one PA college was recently loaned $340,000 and two vice presidents at another PA college were loaned $44,000 and $124,000. There are literally hundreds of examples on public IRS 990 filings for private schools and colleges. Provided these loans are adequately secured, have a written repayment schedule, are approved by the board of trustees, and are made at least at the commercial rate, there’s nothing improper or illegal about them. This is just another example of people trying to point to fire where there isn’t even any smoke.
What did Christopher Brueningsen do with the money?

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