2015-09-08T13:35:18-05:00 2014-12-31 382775143 STEWART BEAUVAIS & WHIPPLE PC 1979 HOLLAND AVE SUITE A PORT HURON MI 480608639 990 2014-01-01 452908074 BLUE WATER LAND FUND INC BLUE 8109844761 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 RANDY MAIERS PRESIDENT 8109844761 2015-09-03 true PAUL L BAILEY CPA P01259200 8109843829 2015-09-03 2014 2016-03-07 17:11:31Z RANDY MAIERS PRESIDENT 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 928861 false X WWW.STCLAIRFOUNDATION.ORG X 2011 MI SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION'S EFFORTS IN DEVELOPING AND MAINTAINING PARCELS OF REAL ESTATE, LIKE THE BLUE WATER RIVER WALK OR ST. CLAIR PLAZA COURTYARD, DEEMED IMPORTANT FOR THE BETTERMENT OF THE COMMUNITY AND REGION THROUGH CONSERVATION, PROTECTION, PUBLIC ACCESS, TOURISM AND/OR COMMUNITY AND ECONOMIC DEVELOPMENT. 13 13 0 25 0 2196625 928529 0 444 297 35 2197069 928861 546502 0 0 0 283 145678 690186 145678 1236688 2051391 -307827 3893071 3641242 59836 115834 3833235 3525408 X SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION'S EFFORTS IN DEVELOPING AND MAINTAINING PARCELS OF REAL ESTATE, LIKE THE BLUE WATER RIVER WALK OR ST. CLAIR PLAZA COURTYARD, DEEMED IMPORTANT FOR THE BETTERMENT OF THE COMMUNITY AND REGION THROUGH CONSERVATION, PROTECTION, PUBLIC ACCESS, TOURISM AND/OR COMMUNITY AND ECONOMIC DEVELOPMENT. false false 1232405 546502 DEVELOPING AND MAINTAINING PARCELS OF REAL ESTATE, LIKE THE BLUE WATER RIVER WALK OR ST. CLAIR PLAZA, DEEMED IMPORTANT FOR THE BETTERMENT OF THE COMMUNITY AND REGION THROUGH ITS CONSERVATION, PROTECTION, PUBLIC ACCESS, TOURISM AND/OR COMMUNITY AND ECONOMIC DEVELOPMENT. 1232405 true true false false false false false false true false true false false false false false true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 9 0 true 0 false false false false false false false false false false false false X 13 13 true false false false false false false true true false false true true true true true true true false false MI X X X KAREN LEE 8109844761 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 WILLIAM J BUTLER TRUSTEE X 0 0 0 MICHAEL CONNELL TRUSTEE X 0 0 0 DON C FLETCHER TRUSTEE X 0 0 0 PHYLLIS H LEDYARD TRUSTEE X 0 0 0 TIMOTHY J LOZEN TRUSTEE X 0 0 0 PENELOPE PECK TRUSTEE X 0 0 0 CHARLES T WANNINGER TRUSTEE X 0 0 0 MICHAEL J WHALING TRUSTEE X 0 0 0 DAVID A BROOKS TRUSTEE X 0 0 0 JANICE C ROSE TRUSTEE X 0 0 0 RANDY D MAIERS PRES/CEO 40.00 X 0 186106 46930 DOUGLAS S TOUMA CHAIR 1.00 X 0 0 0 JENIFER KUSCH SECRETARY 1.00 X 0 0 0 LEE J STEVENS TREASURER 1.00 X 0 0 0 186106 46930 false true false 894228 34301 32301 928529 297 297 OTHER REVENUE 35 35 35 928861 332 546502 546502 4000 4000 80612 80612 18476 18193 283 20 20 14000 14000 3 3 47819 47819 14135 14135 INITIATIVES (SC PLAZA) 458334 458334 INITIATIVES (OTHER) 52767 52767 OTHER 20 20 1236688 1232405 4000 283 201928 113864 32233 1000 756 3546217 52828 3691143 3493389 3893071 3641242 59836 83601 32233 59836 115834 X 3833235 3525408 3833235 3525408 3893071 3641242 -307827 X false true X true false X X 1 COMMUNITY FOUNDATION OF ST CLAIR COUNTY 381872132 7 true 0 0 1 true false false false false true false false false false false false false false false true false PART IV, LINE 6 IN 2014, BLUE WATER LAND FUND (A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY) DEEDED A PORTION OF ITS RECENTLY RESTORED SHORELINE AND DEVELOPED MULTI-USE PEDESTRAIN TRAIL TO THE COUNTY OF ST. CLAIR. THIS GRANT WAS MADE IN SUPPORT OF THE COUNTY'S PARKS AND RECREATION PLANS TO DEVELOP A PUBLIC PARK AND WETLANDS AREA ON ADJACENT PROPERTY PURCHASED BY THE COUNTY CONNECTING TO ITS BRIDGE TO BAY TRAIL AND ENABLING THEIR PLANS TO EXTEND AND INCORPORATE THE SHORELINE. THE COUNTY'S PLANS AND THIS GRANT GO HAND IN HAND WITH OUR ORGANIZATION'S CHARITABLE PURPOSES OF THE BLUE WATER LAND FUND, WHICH INCLUDES: FACILITATING PUBLIC ACCESS TO THE WATERFRONT FOR FISHING, STROLLING AND OTHER RECREATIONAL AND EDUCATIONAL PURPOSES; AND ENHANCING THE COMMUNITY FOUNDATION'S EFFORTS IN COMMUNITY DEVELOPMENT, TOURISM AND PROMOTION OF OUTDOOR RECREATION. THE BLUE WATER LAND FUND VALUED THIS GRANT AT 546,502, REPRESENTING THE PROPORTIONATE SHARE OF OUR BOOK VALUE (COSTS LESS APPLICABLE DEPRECIATION) ASSOCIATED WITH THE LAND, AND LAND IMPROVEMENTS/TRAIL ON THE PROPERTY DEEDED TO THE COUNTY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 79227 2662430 2741657 804560 52828 751732 3493389 928861 928861 928861 1236688 1236688 1236688 SCHEDULE D, PAGE 2, PART IV, LINE 2B IN 2014, BLUE WATER LAND FUND ENTERED INTO AN AGREEMENT FOR LANDSCAPE MAINTENANCE FOR A PORTION OF ITS BLUE WATER RIVER WALK FOR THE PLANT SEASONS 2015, 2016, AND 2017. FUNDS ARE SEGREGATED AND HELD IN AN ESCROW ACCOUNT WITH A LOCAL FINANCIAL INSTITUTION, UNTIL SERVICES ARE PERFORMED AND PAYMENT IS RELEASED. false ST CLAIR COUNTY 200 GRAND RIVER AVENUE PORT HURON MI 48060 386006420 GOV 546502 NBV LAND EXTEND RIVER WALK 1 false false false false false false false false false RANDY D MAIERS PRES/CEO 179402 6704 21548 25382 233036 X CONSTR/CONSULT 2 32301 FMV OF SERVICES/GOODS false true false FORM 990 - ORGANIZATION'S MISSION SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION'S EFFORTS IN DEVELOPING AND MAINTAINING PARCELS OF REAL ESTATE, LIKE THE BLUE WATER RIVER WALK OR ST. CLAIR PLAZA COURTYARD, DEEMED IMPORTANT FOR THE BETTERMENT OF THE COMMUNITY AND REGION THROUGH CONSERVATION, PROTECTION, PUBLIC ACCESS, TOURISM AND/OR COMMUNITY AND ECONOMIC DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 2 DOUGLAS TOUMA MICHAEL WHALING TRUSTEE TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY (SUPPORTED ORGANIZATION) BOARD OF TRUSTEES MEET THE LAST TUESDAY OF EACH CALENDAR QUARTER AT A MINIMUM. THE BUSINESS AGENDA OF THESE BOARD MEETINGS INCLUDE A REVIEW OF INTERNAL FINANCIAL STATEMENTS AND INVESTMENT REPORTS THAT HAVE BEEN REVIEWED AND ACCEPTED BY ITS FINANCE AND INVESTMENT COMMITTEE AT ONE OF THEIR MONTHLY MEETINGS. ANNUALLY, AT THE RECOMMENDATION OF ITS AUDIT COMMITTEE, THE BOARD OF TRUSTEES ENGAGE THE SERVICES OF AN INDEPENDENT AUDITING FIRM TO PERFORM AN AUDIT OF ITS FINANCIAL RECORDS AND ISSUE AN AUDITED CONSOLIDATED FINANCIAL STATEMENT FOR THE CALENDAR YEAR. ADDITIONALLY, AS PART OF THE ENGAGEMENT, THE AUDITING FIRM IS HIRED TO DRAFT THE ANNUAL FORM 990 FOR THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY AND ITS SUPPORTING ORGANIZATIONS, INCLUDING THE BLUE WATER LAND FUND, INC.; HOWEVER, THE COMMUNITY FOUNDATION STAFF ARE SIGNIFICANTLY INVOLVED IN THIS PROCESS. MEMBERSHIP ON BOTH THE AUDIT COMMITTEE AND THE FINANCE AND INVESTMENT COMMITTEE INCLUDE A NUMBER OF BOARD OF TRUSTEES AS WELL AS OTHER COMMUNITY MEMBERS WITH FINANCIAL OR AUDIT EXPERIENCE. ASIDE FROM THE MONTHLY MEETING WITH FOUNDATION MANAGEMENT, THE INDEPENDENT AUDITORS MEET JOINTLY WITH BOTH THE FOUNDATION'S AUDIT COMMITTEE AND THE FOUNDATION'S FINANCE AND INVESTMENT COMMITTEE TO PRESENT THE AUDITED FINANCIAL STATEMENTS AND REVIEW THE RESULTS OF THE ANNUAL AUDIT. SUBSEQUENTLY, THE CONSOLIDATED AUDIT REPORT IS PRESENTED TO AND REVIEWED BY THE FOUNDATION'S BOARD OF TRUSTEES AT ITS SECOND QUARTERLY MEETING. DUE TO THE TIMING ASSOCIATED WITH THE AFOREMENTIONED LEVELS OF REVIEW OF THE AUDIT REPORT, AN AUTOMATIC EXTENSION FOR FILING THE FORM 990 (FROM THE INITIAL MAY 15 DEADLINE) IS TYPICALLY REQUIRED. AFTER THE FINAL CONSOLIDATED FINANCIAL STATEMENTS HAVE BEEN ISSUED, THE FORM 990 FOR ALL COMPANIES ARE DRAFTED BY THE INDEPENDENT AUDIT FIRM AND ITS TAX MANAGER, WITH THE DIRECT ASSISTANCE OF THE FOUNDATION'S DIRECTOR OF FINANCE. THE FINAL DRAFT OF THE FORM 990 ARE REVIEWED BY THE FOUNDATION'S DIRECTOR OF FINANCE AND THEN SIGNED BY THE FOUNDATION'S PRESIDENT AND CEO. THE FORM 990S ARE DISTRIBUTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO FILING. FOR THE SAKE OF TRANSPARENCY AND TIME-RELEVANCE, IT IS THE GOAL OF THE FOUNDATION MANAGEMENT TO FILE THE FORM 990 AS QUICKLY AS POSSIBLE. IF A FORMAL REVIEW AT A SCHEDULED BOARD OF TRUSTEE MEETING IS FEASIBLE WITHIN THE TIME FRAME, FOUNDATION MANAGMENT WILL DO SO, AND THE MEETING MINUTES WILL REFLECT THEIR FORMAL REVIEW. IF SUCH A FORMAL REVIEW WILL DELAY THE FILING UNNECESSARILY, FOUNDATION MANAGEMENT WILL DISTRIBUTE ELECTRONICALLY (OR IN HARD COPY) A COPY OF THE DRAFTED FORM 990S FOR BOARD OF TRUSTEES' REVIEW. AN EXPANATORY COVER LETTER WILL ACCOMPANY THE FORM 990S AND REQUEST THAT TRUSTEES CONTACT THE DIRECTOR OF FINANCE WITH ANY QUESTIONS AND/OR TO SCHEDULE INDIVIDUAL REVIEWS AS DEEMED NECESSARY. EACH BOARD TRUSTEE IS REQUESTED TO DOCUMENT THEIR ACCEPTANCE OF THE FORM 990S FORMALLY VIA A REPLY TO THE ELECTRONIC DISTRIBUTION, OR HARD COPY DISTRIBUTION. EVIDENCE OF BOARD OF TRUSTEE REVIEW AND APPROVAL WILL BE RETAINED IN THE FORM 990 FILES. UPON APPROVAL OF THE BOARD OF TRUSTEES, THE FORM 990S WILL BE FILED. ELECTRONIC FILE VERSIONS OF THE FORM 990S ARE THEN MADE AVAILABLE ON THE FOUNDATION'S WEBSITE (WWW.STCLAIRFOUNDATION.ORG), UPLOADED TO GUIDESTAR.ORG (A RESOURCE RELATIVE TO NON-PROFIT ORGANIZATIONS), AND ARE ALSO AVAILABLE UPON REQUEST OR IN PERSON. FORM 990, PAGE 6, PART VI, LINE 12C THE BLUE WATER LAND FUND, INC. HAS A BOARD-APPROVED CONFLICT OF INTEREST POLICY THAT IS CONSISTENT WITH SUCH POLICIES OF THE COUNCIL ON FOUNDATIONS AND THE COUNCIL OF MICHIGAN FOUNDATIONS. ALL BOARD TRUSTEES, INCLUDING BLUE WATER LAND FUND, INC. OFFICERS, MUST REVIEW THE POLICY ANNUALLY AND SIGN A STATEMENT WHICH AFFIRMS THAT THEY: A.) HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B.) HAVE READ AND UNDERSTAND THE POLICY AS WELL AS THE NEED TO COMPLY WITH THE POLICY (GIVEN THAT BLUE WATER LAND FUND, INC'S MISSION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE); C.) HAVE LISTED ALL AREAS OF POTENTIAL CONFLICTS OF INTEREST THAT EXIST AS OF THE DATE THEY ARE COMPLETING THE DISCLOSURE FORM, INCLUDING SERVICE ON OTHER NON-PROFIT BOARDS, FINANCIAL INTERESTS, AND FAMILY OR BUSINESS RELATIONSHIPS; AND D.) HAVE AGREED TO DISCLOSE OTHERS AS THEY ARISE THROUGH THE YEAR, AND WHEN THE POTENTIAL FOR CONFLICT ARISES, AGREE TO VERBALLY DISCLOSE SUCH AREAS OF POTENTIAL CONFLICT AT ALL BOARD MEETINGS. COMMUNITY FOUNDATION OF ST. CLAIR COUNTY (SUPPORTED ORGANIZATION) MANAGEMENT REVIEWS THESE CONFLICT OF INTEREST DISCLOSURES UPON RECEIPT AND THE FORMS ARE MAINTAINED ON FILE. PRIOR TO CONSIDERATION OF ANY MOTION FOR ACTION ON ITEMS OF BUSINESS DURING MEETINGS, BOARD OF TRUSTEES ARE ASKED IF POTENTIAL CONFLICTS OF INTEREST EXIST. UPON DISCLOSURE OF A POTENTIAL CONFLICT, THE BOARD MUST DETERMINE IF THE POTENTIAL CONFLICT IS DEEMED MATERIAL OR IMMATERIAL. FOR TYPICAL DISCLOSURES INVOLVING A BOARD TRUSTEE'S SERVICE WITH A NON-PROFIT ORGANIZATION BEING CONSIDERED FOR A GRANT, WHILE THE BOARD TRUSTEE MAY STAY AND PARTICIPATE IN DISCUSSION, THEY ABSTAIN FROM ANY VOTE. FOR ANY POTENTIAL CONFLICT OF INTEREST THAT IS DEEMED MATERIAL, AS OUTLINED IN THE BLUE WATER LAND FUND'S CONFLICT OF INTEREST POLICY, THE BOARD TRUSTEE IS ASKED TO LEAVE THE MEETING WHILE THE ITEM OF BUSINESS IS DISCUSSED AND VOTED UPON. THE MINUTES OF ALL BOARD MEETINGS RECORD THE NAME(S) OF THE PERSON(S) WHO WERE IN ATTENDANCE FOR DISCUSSIONS AND VOTES AND ALSO OUTLINE 1)THE NAMES OF THOSE WHO DISCLOSED OR OTHER WISE WERE FOUND TO HAVE A POTENTIAL CONFLICT OF INTEREST, 2) THE NATURE OF THE POTENTIAL CONFLICT, AND 3) ANY ACTION TAKEN INVOLVING THE CONFLICT OF INTEREST AS WELL AS THE DECISION ON THE ITEM OF BUSINESS FOR WHICH THE POTENTIAL CONFLICT OF INTEREST AROSE. WHEN THE NATURE OF POTENTIAL CONFLICTS OF INTEREST IS OTHER THAN AS PREVIOUSLY REFERENCED, THE FOUNDATION'S PRESIDENT AND EXECUTIVE COMMITTEE DISCUSSS THE POTENTIAL CONFLICT OF INTEREST WITH THE INDIVIDUAL INVOLVED AND ADDRESS HOW SUCH CONFLICT CAN BE HANDLED. RESOLUTION OF THE POTENTIAL CONFLICT IS GUIDED BY THE FOUNDATION'S STRONG DESIRE TO MAINTAIN ITS HIGH STANDARDS, TRANSPARENCY AND CREDIBILITY WITH ITS DONORS, GRANTEES, PUBLIC, AND TAXING AGENCIES. IN THE FEW OCCURRENCES THIS HAS ARISEN THAT CANNOT BE AVOIDED, ALTHROUGH THE INDIVIDUAL INVOLVED HAS KNOWN THAT PURSUANT TO THE CONFLICT OF INTEREST POLICY, HE/SHE COULD PRESENT THE POTENTIAL CONFLICT TO THE BOARD, HE/SHE HAS CHOSEN TO VOLUNTARILY RESIGN FROM THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY, TAX ID 38-1872132, ACTS AS COMMON PAYMASTER FOR BOTH ITS ORGANIZATION AS WELL AS ITS SUPPORTING ORGANIZATIONS - THE COMMUNITY RENAISSANCE FUND, TAX ID 20-1649237, AND THE BLUE WATER LAND FUND, TAX ID 45-2908074. AS THE COMMON PAYMASTER, ALL FORM W-2S ARE REPORTED UNDER AND TAXES ARE PAID THROUGH THE COMMUNITY FOUNDATION'S TAX ID 38-1872132. WAGES, BENEFITS AND RELATED TAXES ARE ALLOCATED AND RECORDED BETWEEN THE TWO ORGANIZATIONS BASED UPON THE ASSIGNED RESPONSIBILITIES, TIME SPENT AND SPECIFIC WORK PERFORMED. OF THE 11 FORM W-2S FILED IN 2014 -- EIGHT ARE CURRENT COMMUNITY FOUNDATION EMPLOYEES, AND THE OTHER THREE LEFT COMMUNITY FOUNDATION EMPLOYMENT IN 2014. OF ALL THESE FORM W-2S, ONLY ONE INVOLVED AN ALLOCATION OF WAGES AND BENEFITS BETWEEN THE COMMUNITY FOUNDATION AND THE COMMUNITY RENAISSANCE FUND RELATIVE TO TIME ALLOCATED TO AN INITIATIVE UNDER THAT ENTITY. THE BLUE WATER LAND FUND HAD NO EMPLOYEES AND RECEIVED NO ALLOCATION OF WAGES FOR 2014. WHILE THE AUDITED FINANCIAL STATEMENTS REFLECT THE CONSOLIDATION OF THE COMMUNITY FOUNDATION AND ITS CONTROLLED SUPPORTING ORGANIZATIONS, SEPARATE FORM 990S ARE FILED FOR EACH ORGANIZATION INDEPENDENTLY. CONSEQUENTLY, THIS COMMON PAYMASTER STATUS AND THE EXISTENCE OF SHARED EMPLOYEES SHOULD BE NOTED. ALTHOUGH THE FOUNDATION'S PRESIDENT/CEO OVERSEES OPERATIONS AND INITIATIVES AND IS AN OFFICER OF COMMUNITY RENAISSANCE FUND AND BLUE WATER LAND FUND (ITS SUPPORTING ORGANIZATIONS), 100% OF HIS TIME AND RELATED WAGES AND BENEFITS ARE ABSORBED UNDER THE COMMUNITY FOUNDATION'S OPERATIONS. HOWEVER, GIVEN THIS RELATED ORGANIZATION RELATIONSHIP, IRS FORM 990 REQUIREMENTS OUTLINE THAT THE COMMUNITY FOUNDATION'S PRESIDENT/CEO'S COMPENSATION PACKAGE MUST BE REPORTED ON THE FORM 990S OF ITS SUPPORTING ORGANIZATIONS, EVEN THOUGH IT IS PAID FOR BY THE COMMUNITY FOUNDATION AS THE SUPPORTED ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS) FOR THE BLUE WATER LAND FUND, INC. ARE AVAILABLE ON THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY'S (SUPPORTED ORGANIZATION) WEBSITE (WWW.STCLAIRFOUNDATION.ORG) AS DOWNLOADABLE DOCUMENTS, ALONG WITH OTHER POLICIES AND KEY DOCUMENTS SUCH AS THE AUDITED FINANCIAL STATEMENTS AND IRS FORM 990S. HARD-COPIES ARE ALSO AVAILABLE UPON REQUEST. ADDITIONALLY, AS A REGISTERED CORPORATION WITH THE STATE OF MICHIGAN, THE ARTICLES OF INCORPORATION FOR THE BLUE WATER LAND FUND, INC. ARE AVAILABLE THROUGH THEIR WEBSITE (WWW.MICHIGAN.GOV). COMMUNITY FOUNDATION OF ST CLAIR CO 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 381872132 COMM DEVEL MI 501C3 7 N/A false COMMUNITY RENAISANCE FUND 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 201649237 COMM. DEV MI 501C3 11A N/A false false false true false false false false false false false false false false false true false false false false COMMUNITY FOUNDATION OF ST CLAIR CO C 894228 CASH BASIS