2016-10-31T15:42:28-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 2 EAST MAIN ST SUITE 120 DANVILLE IL 61832 990 2015-01-01 351814927 WESTERN INDIANA COMMUNITY FOUNDATION INC WEST 7657930702 135 S STRINGTOWN ROAD PO BOX 175 COVINGTON IN 47932 KEVIN MARTIN TREASURER 7657930702 2016-10-19 1 PHIL MUEHL P00622760 2174421643 2015 2017-02-10 21:41:12Z KEVIN MARTIN 135 S STRINGTOWN ROAD PO BOX 175 COVINGTON IN 47932 3496349 0 X WWW.WICF-INC.ORG X 1990 IN "HELPING PEOPLE IMPROVE OUR COMMUNITY." 25 25 3 10 0 0 766786 727367 0 0 755397 419802 0 0 1522183 1147169 368193 390346 0 0 119449 121524 0 0 9189 119121 140988 606763 652858 915420 494311 15016620 15152515 283325 122011 14733295 15030504 X "HELPING PEOPLE IMPROVE OUR COMMUNITY." FAMILIES, INDIVIDUALS, BUSINESSES, AND NONPROFIT GROUPS ESTABLISH FUNDS WITHIN THE FOUNDATIONS INTO WHICH THEY CAN CONTRIBUTE A VARIETY OF ASSETS TO BE USED FOR CHARITABLE PURPOSES. GRANTS ARE AWARDED TO COMMUNITY PROJECTS, NONPROFIT ORGANIZATIONS AND STUDENTS FOR SCHOLARSHIPS. 0 0 391539 390346 COMMUNITY PROGRAMS AND SCHOLARSHIPS FOR SECONDARY EDUCATION NEEDING SUPPORT FROM THE ENTIRE COMMUNITY 391539 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X X DALE WHITE 7657930702 135 STRINGTOWN ROAD COVINGTON IN 47932 BETH MASON DIRECTOR 1.00 X 0 0 0 DICK MINNETTE VICE-PRESIDENT 1.00 X X 0 0 0 KEVIN MARTIN TREASURER 1.00 X X 0 0 0 JOHN SHAMBACH DIRECTOR 1.00 X 0 0 0 RAQUEL STULTZ PRESIDENT 1.00 X X 0 0 0 BOB WRIGHT DIRECTOR 1.00 X 0 0 0 SUSAN REYNOLDS DIRECTOR 1.00 X 0 0 0 TOM MCGURK JR DIRECTOR 1.00 X 0 0 0 DALE WHITE EXECUTIVE DIRECTOR 40.00 X 69252 0 0 69252 0 0 0 0 0 0 0 727367 727367 330226 330226 2438756 2349180 89576 89576 89576 1147169 0 0 419802 213372 213372 176974 176974 69252 69252 32252 32252 12268 12268 7752 7752 1157 1157 9900 9900 58876 58876 14052 14052 4829 4829 2737 2737 8893 8893 3630 3630 MISCELLANEOUS 23156 23156 DONOR DEVELOPMENT 9189 9189 EQUIPMENT RENTAL AND MA 3376 3376 PROGRAM EXPENSE 1193 1193 652858 391539 252130 9189 267195 307776 25779 0 53000 197158 82308 123743 114850 9818492 9685825 4132285 4324980 649126 666084 15016620 15152515 2589 4501 48888 91982 231848 25528 283325 122011 X 412547 396554 6342810 6656012 7977938 7977938 14733295 15030504 15016620 15152515 X 494311 -159513 -37589 X X 0 1 X 1 0 X 339533 447636 1149083 723662 727367 3387281 339533 447636 1149083 723662 727367 3387281 952943 2434338 171325 252151 245183 271807 330226 1270692 4657973 14326 0.52260 0.49820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 21500 717671 1 1 13814061 580125 206241 474035 14126392 12473726 607073 1143105 409843 13814061 9817908 885231 2074589 304002 12473726 9204594 245204 632219 264109 9817908 8944723 114839 282501 137469 9204594 0.00000 0.56030 0.43970 0 0 26750 26750 128787 52888 75899 41621 29420 12201 114850 MONEY MARKET FUNDS/CERTIFICATES OF DEPOSITS 4324980 F 4324980 X 934315 -159513 5535 -153978 1088293 58876 58876 1147169 593982 0 593982 58876 58876 652858 PART V, LINE 4: THE ENDOWMENTS WERE SET UP WITH RESTRICTED CONTRIBUTIONS. THE ORGANIZATION ADMINISTERS AND DISTRIBUTES FUNDS IN ACCORDANCE WITH THE DONOR RESTRICTIONS. PART X, LINE 2: IT WAS DETERMINED THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS SO NO FOOTNOTE WAS INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CRUT VALUE 5,535. 1 VARIOUS LOCAL AGENCIES IN WESTERN INDIANA 135 S STRINGTOWN ROAD COVINGTON IN 47932 501(C)(3) 213372 BUILDING IMPROVEMENTS/TECHNOLOGY UPGRADES/FOOD PANTRY/TRAIL DEVELOPMENT SCHOLARSHIPS/BOOK REIMBURSEMENT 153 176974 PART I, LINE 2: GRANT PAYMENTS ARE NOT ISSUED TO GRANTEES UNLESS A PAID INVOICE IS PROVIDED. PAYMENTS ARE ISSUED TO THE RESPECTIVE VENDOR WHO WILL BE PROVIDING THE SERVICE/PRODUCT. SCHOLARSHIPS FOR TUITION ARE WRITTEN TO THE STUDENT AND THEIR SELECTED SCHOOL. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT - THE FINANCE COMMITTEE AND THE BOARD REVIEW THE AUDIT COMMITTEE'S RECOMMENDATION. THE FORM 990 IS ALSO REVIEWED BY THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISCUSSED AT THE FIRST BOARD MEETING OF EACH CALENDAR YEAR WHEN FORMS ARE DISTRIBUTED FOR BOARD MEMBER SIGNATURES. DISCUSSIONS ALSO TAKE PLACE FROM TIME TO TIME AT REGULAR BOARD MEETINGS. BOARD MEMBERS ABSTAIN FROM VOTING WHEN THEY HAVE A CONFLICT OF INTEREST WITH A PENDING MOTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES PAY ANNUALLY AND BASE THEIR RECOMMENDATIONS ON THE EMPLOYEE'S PERFORMANCE, COMPARABLE DATA, AND INFLATION INCREASES. THE BOARD OF DIRECTORS APPROVE THE INCREASE PRIOR TO THE CHANGE BECOMING EFFECTIVE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S 990 IS ON THE INTERNET AT GUIDESTAR.ORG AND THE NATIONAL CENTER FOR CHARITABLE STATISTICS. THE FOUNDATION'S ANNUAL REPORT MAKES REFERENCE THAT THE AUDIT IS AVAILABLE FOR REVIEW DURING THE OFFICE HOURS OF THE ORGANIZATION. FORM 990, PART XI, LINE 9: INCREASE IN CRUT VALUE 5,535. PRIOR YEAR CORRECTION -43,124. FORM 990, PART XII, LINE 2C THE COMMITTEE HAS NOT CHANGED THEIR APPROVAL PROCESS FROM THE PRIOR YEAR.