HARBOR SHORES PUBLIC ASSET FUND INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HARBOR SHORES PUBLIC ASSET FUND INC (EIN 46-4405437)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-24
- IRS object ID
- 202312369349301621
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-24T15:27:28-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 351307701 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRUGGEL LAWTON & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 526 UPTON DRIVE | AddressLine1Txt |
| City | ST JOSEPH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464405437 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE PUBLIC ASSET FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 2699256100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 W MAIN ST | AddressLine1Txt |
| City | BENTON HARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTOPHER J COOK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2699256100 | PhoneNum |
| Signature | 2023-08-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHRISTOPHER | PersonFirstNm |
| Person Last | COOK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT ALEX SCHAEFFER | PreparerPersonNm |
| PTIN | P01439018 | PTIN |
| Phone | 2699830131 | PhoneNum |
| Preparation | 2023-08-21 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTOPHER J COOK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 W MAIN ST | AddressLine1Txt |
| City | BENTON HARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,261,672 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | CORNERSTONE PUBLIC ASSET FUND, INC. IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITIES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 107 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,376,321 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,517,394 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,861,355 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,602,924 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,474 | CYInvestmentIncomeAmt |
| PY Other Revenue | $72,805 | PYOtherRevenueAmt |
| CY Other Revenue | -$781,771 | CYOtherRevenueAmt |
| PY Total Revenue | $6,310,481 | PYTotalRevenueAmt |
| CY Total Revenue | $6,344,021 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,298,750 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,108,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,512,958 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,315,961 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,284,960 | PYOtherExpensesAmt |
| CY Other Expenses | $2,166,600 | CYOtherExpensesAmt |
| PY Total Expenses | $7,096,668 | PYTotalExpensesAmt |
| CY Total Expenses | $5,590,561 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$786,187 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $753,460 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,614,270 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,339,428 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $761,317 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,681,744 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,852,953 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,657,684 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CORNERSTONE PUBLIC ASSET FUND, INC IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITITES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,330,043 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $3,053,967 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,447,034 | ExpenseAmt |
| Grant | $2,108,000 | GrantAmt |
| Desc | WHIRLPOOL CORPORATION COMMUNITY CHARITY GOLF EVENT: THE WHIRLPOOL COMMUNITY CHARITY GOLF EVENT (WCCGE) IS CONDUCTED EACH SUMMER. OVER THE PAST 19 YEARS, THE WCCGE HAS RAISED OVER $28 MILLION TO SUPPORT AREA YOUTH IN THE COMMUNITY. THE FUNDRAISING FROM THE WCCGE HAS ENABLED THE EXPANSION AND GROWTH OF LOCAL ORGANIZATIONS, AND THE MONEY RAISED HELPS AROUND 10,000 YOUTH A YEAR. THESE ORGANIZATIONS INCLUDE THE BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN, FIRST TEE OF BENTON HARBOR AND THE LOCAL PUBLIC SCHOOL FOUNDATIONS OF BENTON HARBOR, LAKESHORE AND ST. JOSEPH AS WELL AS OTHER YOUTH PROGRAMS AND ORGANIZATIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $196,250 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,857 | RevenueAmt |
| Desc | MICHIGAN'S GREAT SOUTHWEST STRATEGIC LEADERSHIP COUNCIL: THE ROLE OF THE COUNCIL IS TO BRING LEADERS FROM BUSINESS, GOVERNMENT, NONPROFIT, AND EDUCATION TOGETHER TO WORK COLLABORATIVELY TO ACHIEVE THE MISSION OF THE COUNCIL. LEADERS ARE BASED LOCALLY IN BERRIEN COUNTY, MI AND ARE ALL VOLUNTEER PARTICIPANTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,973,327 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 107 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2699256100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 W MAIN STREET | AddressLine1Txt |
| City | BENTON HARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROB CLEVELAND | ||||||||
| VICE PRESIDENT | 1.00 | 40.00 | Yes (X) | Yes (X) | $0 | $262,776 | $0 | |
| PAMELA KLYN | ||||||||
| VICE PRESIDENT | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SAM ABDELNOUR | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL TODMAN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF FETTIG | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER COOK | ||||||||
| PRESIDENT/TREASURER | 10.00 | 40.00 | Yes (X) | $0 | $88,462 | $0 | ||
| JOHN CAMERON | ||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DEB O'CONNOR | ||||||||
| VICE PRESIDENT | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSH DOXTATOR | ||||||||
| GENERAL MANAGER | 40.00 | 0.00 | $167,042 | $0 | $20,000 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $167,042 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $351,238 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $20,000 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JP4 GOVERNMENT SOLUTIONS LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2695 HILLVIEW LN | AddressLine1Txt |
| City | ST JOSEPH | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49085 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONSULTING | ServicesDesc |
| Compensation | $129,996 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $4,142,934 | FundraisingAmt |
| All Other Contributions | $374,460 | AllOtherContributionsAmt |
| Total Contributions | $4,517,394 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PUBLIC GOLF COURSE | Desc |
| Business | 713910 | BusinessCd |
| Total Revenue Column | $2,602,924 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,602,924 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,602,924 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,474 | TotalRevenueColumnAmt |
| Exclusion | $5,474 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,049 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,049 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,049 | TotalRevenueColumnAmt |
| Exclusion | $23,049 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $122,448 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $4,142,934 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,383,168 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,260,720 | TotalRevenueColumnAmt |
| Exclusion | -$1,260,720 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $985,526 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $534,483 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $451,043 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $451,043 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $4,857 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,857 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,857 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,344,021 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,058,824 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$1,232,197 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,108,000 | TotalAmt |
| Program Services | $2,108,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,174,272 | TotalAmt |
| Program Services | $774,587 | ProgramServicesAmt |
| Management And General | $399,685 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,017 | TotalAmt |
| Program Services | $712 | ProgramServicesAmt |
| Management And General | $305 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,314 | TotalAmt |
| Management And General | $17,314 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,358 | TotalAmt |
| Program Services | $80,193 | ProgramServicesAmt |
| Management And General | $43,165 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,250 | TotalAmt |
| Management And General | $28,250 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,848 | TotalAmt |
| Program Services | $7,848 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,468 | TotalAmt |
| Program Services | $33,468 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,070 | TotalAmt |
| Program Services | $266,593 | ProgramServicesAmt |
| Management And General | $1,477 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,758 | TotalAmt |
| Program Services | $114,082 | ProgramServicesAmt |
| Management And General | $12,676 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,940 | TotalAmt |
| Program Services | $1,897 | ProgramServicesAmt |
| Management And General | $6,043 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204 | TotalAmt |
| Program Services | $204 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,760 | TotalAmt |
| Program Services | $156,384 | ProgramServicesAmt |
| Management And General | $17,376 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,969 | TotalAmt |
| Program Services | $3,969 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,988 | TotalAmt |
| Program Services | $2,988 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,930 | TotalAmt |
| Program Services | $3,930 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,205 | TotalAmt |
| Program Services | $583,205 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,856 | TotalAmt |
| Program Services | $154,670 | ProgramServicesAmt |
| Management And General | $17,186 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUPPLIES | $293,526 | $264,173 | $29,353 |
| FIXTURES AND EQUIPMENT | $236,075 | $212,467 | $23,608 |
| REPAIRS AND MAINTENANCE | $116,250 | $104,625 | $11,625 |
| MISCELLANEOUS | $71,258 | $66,961 | $4,297 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,245 | TotalAmt |
| Program Services | $32,371 | ProgramServicesAmt |
| Management And General | $4,874 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,590,561 | TotalAmt |
| Program Services | $4,973,327 | ProgramServicesAmt |
| Management And General | $617,234 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,009,568 | BOYAmt |
| EOY | $2,103,267 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,981 | BOYAmt |
| EOY | $255,546 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,841 | BOYAmt |
| EOY | $215,794 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,237 | BOYAmt |
| EOY | $85,825 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,517,327 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,686,636 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,070,643 | BOYAmt |
| EOY | $21,830,691 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $848,305 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,614,270 | BOYAmt |
| EOY | $25,339,428 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,151 | BOYAmt |
| EOY | $307,365 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $427,166 | BOYAmt |
| EOY | $194,081 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $162,195 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,018,103 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $761,317 | BOYAmt |
| EOY | $1,681,744 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,852,953 | BOYAmt |
| EOY | $23,657,684 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,852,953 | BOYAmt |
| EOY | $23,657,684 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,614,270 | BOYAmt |
| EOY | $25,339,428 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $753,460 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$948,729 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE ALLIANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382772476 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $400,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $330,160 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,376,321 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,517,394 | CurrentTaxYearAmt |
| Total | $8,693,875 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $400,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $330,160 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,376,321 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,517,394 | CurrentTaxYearAmt |
| Total | $8,693,875 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $675,552 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,018,323 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $28,523 | CurrentTaxYearAmt |
| Total | $28,523 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $8,722,398 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $14,097,496 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.91930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99010 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,500,000 | OtherCostOrOtherBasisAmt |
| Book Value | $18,500,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,641,541 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,666,636 | DepreciationAmt |
| Book Value | -$25,095 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,030,141 | OtherCostOrOtherBasisAmt |
| Book Value | $3,030,141 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $345,645 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,000 | DepreciationAmt |
| Book Value | $325,645 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,830,691 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITY | $873,778 |
| NOTE PAYABLE - HSCR LLC | $144,325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,018,103 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,351,672 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $90,000 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $90,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,261,672 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$1,917,651 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,917,651 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,344,021 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,598,212 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $90,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,917,651 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,007,651 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,590,561 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,590,561 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS A NONPROFIT CORPORATION UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. IT IS ORGANIZED TO PROVIDE A VARIETY OF SERVICES TO RESIDENTS IN BERRIEN, CASS, AND VAN BUREN COUNTIES AND REVENUES ARE GENERATED THROUGH A VARIETY OF STATE AND LOCAL GRANT PROGRAMS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("GAAP") REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. NO SUCH TAX LIABILITY HAS BEEN RECOGNIZED. HSGC IS A DISREGARDED ENTITY FOR TAX PURPOSES AND IS INCLUDED WITH THE TAX-EXEMPT ORGANIZATION. AS OF THE YEAR END, THERE ARE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE THREE YEARS BEFORE THE CURRENT YEAR END. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -534,483. FUNDRAISING EVENT EXPENSES -1,383,168. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COSTS OF GOODS SOLD 534,483. FUNDRAISING EVENT EXPENSES 1,383,168. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $4,265,382 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $4,142,934 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $122,448 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $858,789 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $194,267 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $171,693 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $158,419 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $4,265,382 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $4,142,934 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $122,448 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $858,789 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $194,267 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $171,693 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $158,419 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,383,168 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,260,720 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BOYS & GIRLS CLUBS OF BENTON HARBOR | ||||||||
| 600 NATE WELLS SR DR | BENTON HARBOR | MI | 49022 | 383461586 | 501(C)(3) | $1,000,000 | $0 | GENERAL SUPPORT |
| ST JOSEPH PUBLIC SCHOOLS FOUNDATION | ||||||||
| 2580 S CLEVELAND AVE | ST JOSEPH | MI | 49085 | 383296523 | 501(C)(3) | $250,000 | $0 | GENERAL SUPPORT |
| BENTON HARBOR EDUCATION FOUNDATION | ||||||||
| 1328 ST JOSEPH CIRCLE | ST JOSEPH | MI | 49085 | 823690593 | 501(C)(3) | $250,000 | $0 | GENERAL SUPPORT |
| LAKESHORE EXCELLENCE FOUNDATION | ||||||||
| 5771 CLEVELAND AVE | STEVENSVILLE | MI | 49127 | 383402730 | 501(C)(3) | $250,000 | $0 | GENERAL SUPPORT |
| FIRST TEE OF BENTON HARBOR INC | ||||||||
| 201 GRAHAM AVE | BENTON HARBOR | MI | 49022 | 204206065 | 501(C)(3) | $200,000 | $0 | GENERAL SUPPORT |
| POW EDUCATIONAL FOUNDATION | ||||||||
| 1516 ROSLIN ROAD | BENTON HARBOR | MI | 49022 | 874079278 | 501(C)(3) | $25,000 | $0 | GENERAL SUPPORT |
| ST JOSEPH PUBLIC SCHOOLS FOUNDATION | ||||||||
| 2580 S CLEVELAND AVE | ST JOSEPH | MI | 49085 | 383296523 | 501(C)(3) | $33,000 | $0 | FIRST ROBOTICS |
| BEYOND BASICS | ||||||||
| 18000 WEST NINE MILE ROAD SUITE 450 | SOUTHFIELD | MI | 48075 | 752993015 | 501(C)(3) | $100,000 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROB CLEVELAND | ||||||||||||||
| VICE PRESIDENT | $0 | $262,776 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $262,776 | $0 | $0 |
| JOSH DOXTATOR | ||||||||||||||
| GENERAL MANAGER | $167,042 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20,000 | $0 | $187,042 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A: | OPERATION OF A PUBLIC GOLF COURSE: CORNERSTONE PUBLIC ASSET FUND, INC. ("CPAF") IS ORGANIZED AND OPERATED TO PROVIDE PUBLIC RECREATIONAL FACILITIES FOR THE BENEFIT OF THE COMMUNITY OF BENTON HARBOR, MICHIGAN. DURING THE FISCAL YEAR ENDED, AS PART OF ITS MISSION TO RESTORE A BLIGHTED AREA OF THE COMMUNITY AND ENHANCE COMMUNITY ACCESS TO THIS AREA, CPAF OWNED AND OPERATED A PUBLIC GOLF COURSE AND PUBLIC PARK AREA THAT IS OPEN TO THE COMMUNITY. THE GOLF COURSE IS PARTIALLY LOCATED WITHIN THE CITY OF BENTON HARBOR'S JEAN KLOCK PARK. THE CITY, THROUGH THE OVERSIGHT COMMITTEE THAT IT CONTROLS, REVIEWS AND APPROVES THE OPERATIONS OF THE ENTIRE GOLF COURSE, INCLUDING THE FEES TO BE CHARGED TO THE PUBLIC. THIS ENSURES THAT THE FACILITIES ARE AVAILABLE TO THE COMMUNITY AT LARGE FOR THEIR RECREATIONAL ENJOYMENT. IN ADDITION, CPAF PROVIDES THE FOLLOWING BENEFITS TO THE COMMUNITY: 1. PROVIDED DAYS OF USE TO THE LOCAL FIRST TEE GOLF PROGRAM FOR UNDERPRIVILEGED YOUTH, AT NO CHARGE. 2. PROVIDED DAYS OF USE TO LOCAL PUBLIC HIGH SCHOOLS FOR PRACTICE ROUNDS AND MATCHES, AT NO CHARGE. 3. PROVIDED UNLIMITED PASSES TO RESIDENTS OF THE CITY OF BENTON HARBOR AT SIGNIFICANTLY REDUCED COST. 4. PROVIDED FREE USE OF THE PROPER TO AREA RESIDENTS FOR WINTER ACTIVITIES WHEN CONDITIONS ALLOW FOR ACCESS TO THE COURSE WITHOUT THE RISK OF DAMAGE IN ADDITION, ALMOST HALF OF THE PERSONS EMPLOYED IN THE ONGOING OPERATION AND MAINTENANCE OF THE GOLF COURSE AND PARK ARE BENTON HARBOR RESIDENTS. MAINTAINING THIS LEVEL OF LOCAL RESIDENT EMPLOYMENT HAS AIDED IN LOWERING THE CITY'S SIGNIFICANTLY HIGH UNEMPLOYMENT RATE. MAINTENANCE AND IMPROVEMENT OF JEAN KLOCK PARK: PRIOR TO INVOLVEMENT BY CPAF, JEAN KLOCK PARK FALLEN INTO CONSIDERABLE DESPAIR. AS PART OF THE GOLF COURSE CONSTRUCTION PROCESS, CPAF MITIGATED CONTAMINATION, REMOVED TONS OF DEBRIS, AND RETURNED THE PARK TO A USEABLE STATE. EACH YEAR, CPAF PROVIDES ONGOING MAINTENANCE AND IMPROVEMENTS TO THE PARK PROPERTY. DURING THE FISCAL YEAR ENDED, CPAF SPENT APPROXIMATELY $115,000 ON THESE ACTIVITIES, INCLUDING MOWING, LANDSCAPING, CREATION AND MAINTENANCE OF WALKING TRAILS, CLEANING, AND MAINTENANCE OF WATERFRONT AREAS, ETC. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION'S TWO MEMBERS ARE WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE. |
| FORM 990, PART VI, SECTION A, LINE 7A | WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE HAVE THE RIGHT TO APPOINT DIRECTORS OF THE BOARD. WHIRLPOOL FOUNDATION APPOINTS TWO REPRESENTATIVES TO THE BOARD AND CORNERSTONE ALLIANCE APPOINTS FOUR REPRESENTATIVES TO THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE CORNERSTONE PUBLIC ASSET FUND GOLF OPERATION ARE OVERSEEN BY AN OVERSIGHT COMMITTEE THAT IS CONTROLLED BY THE CITY OF BENTON HARBOR. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE SECRETARY OF THE BOARD PRIOR TO FILING. THE FULL BOARD WILL NOT RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC |
| FORM 990, PART VI, SECTION A, LINE 6: | THE ORGANIZATION'S TWO MEMBERS ARE WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE. |
| FORM 990, PART VI, SECTION A, LINE 7A: | WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE HAVE THE RIGHT TO APPOINT DIRECTORS OF THE BOARD. WHIRLPOOL FOUNDATION APPOINTS TWO REPRESENTATIVES TO THE BOARD AND CORNERSTONE ALLIANCE APPOINTS FOUR REPRESENTATIVES TO THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B: | THE CORNERSTONE PUBLIC ASSET FUND GOLF OPERATION ARE OVERSEEN BY AN OVERSIGHT COMMITTE THAT IS CONTROLLED BY THE CITY OF BENTON HARBOR. |
| FORM 990, PART VI, SECTION B, LINE 11B: | THE FORM 990 IS REVIEWED BY THE SECRETARY OF THE BOARD PRIOR TO FILING. THE FULL BOARD WILL NOT RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI SECTION B, LINE 13: | THE ORGANIZATION DOES NOT HAVE A FROMAL WHISTLEBLOWER POLICY IN PLACE BUT IS SUBJECT TO THE WHISTLEBLOWER POLICY OF HABOR SHORES COMMUNITY REDEVELOPMENT, INC., A RELATED ENTITY. |
| FORM 990, PART VI SECTION B, LINE 14: | THE ORGANIZATION DOES NOT HAVE A FORMAL WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY IN PLACE BUT IS SUBJECT TO THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY OF HARBOR SHORES COMMUNITY REDEVELOPMENT, INC., A RELATED ENTITY. |
| FORM 990, PART VI SECTION C, LINE 19: | GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XII, LINE 2C | THERE HAS BEEN NO CHANGE IN PROCESS FORM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARBOR SHORES GOLF COURSE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 GRAHAM AVENUE | AddressLine1Txt |
| City | BENTON HARBOR | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205846412 | EIN |
| Primary Activities | CATALYST FOR ECONOMIC DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORNERSTONE PUBLIC ASSET FUND INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CORNERSTONE ALLIANCE | |||||||||||
| 80 W MAIN ST | BENTON HARBOR | MI | 49022 | 382774276 | DEVELOPMENT OF ECONOMIC GROWTH IN THE CITY OF BENTON HARBOR | MI | 501(C)(3) | LINE 7 | N/A | 0 | |
| RENAISSANCE DEVELOPMENT FUND | |||||||||||
| 80 W MAIN ST | BENTON HARBOR | MI | 49022 | 383367429 | DEVELOPING ECONOMIC ACTIVITIES TO SUPPORT CORNERSTONE ALLIANCE | MI | 501(C)(3) | LINE 12A, I | 0 | CORNERSTONE ALLIANCE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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