2015-08-11T09:02:29-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 2 E MAIN ST SUITE 120 DANVILLE IL 61832 990 2014-01-01 351814927 WESTERN INDIANA COMMUNITY FOUNDATION INC WEST 7657930702 135 S STRINGTOWN ROAD PO BOX 175 COVINGTON IN 47932 KEVIN MARTIN BOARD PRESIDENT 7657930702 2015-07-22 1 PHIL MUEHL P00622760 2174421643 2014 2016-02-25 16:41:14Z KEVIN MARTIN 135 S STRINGTOWN ROAD PO BOX 175 COVINGTON IN 47932 3464342 0 X WWW.WICF-INC.ORG X 1990 IN "HELPING PEOPLE IMPROVE OUR COMMUNITY." 25 25 4 27 0 0 1149083 766786 0 0 580518 755397 0 0 1729601 1522183 302002 368193 0 0 113734 119449 0 0 6395 106284 119121 522020 606763 1207581 915420 13442321 15016620 61325 283325 13380996 14733295 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 372146 368193 COMMUNITY PROGRAMS AND SCHOLARSHIPS FOR SECONDARY EDUCATION NEEDING SUPPORT FROM THE ENTIRE COMMUNITY 372146 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 4 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 PRESIDENT 1.00 X X 0 0 0 JOHN SHAMBACH DIRECTOR 1.00 X 0 0 0 RAQUEL STULTZ TREASURER - COVINGTON 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 67592 0 134 67592 0 134 0 0 0 0 0 766786 766786 271807 271807 2425749 1935024 7135 490725 -7135 483590 483590 1522183 0 0 755397 254329 254329 113864 113864 67726 67726 30795 30795 13400 13400 7528 7528 1172 1172 9700 9700 55837 55837 14055 14055 4685 4685 1967 1967 8218 8218 3502 3502 MISCELLANEOUS 7117 7117 DONOR DEVELOPMENT 6395 6395 PROGRAM EXPENSE 3953 3953 EQUIPMENT RENTAL AND MA 2520 2520 606763 372146 228222 6395 312245 267195 25779 25779 197158 73415 78479 123743 9549463 9818492 2869581 4132285 606774 649126 13442321 15016620 2898 2589 58427 48888 231848 61325 283325 X 389799 412547 5062921 6342810 7928276 7977938 13380996 14733295 13442321 15016620 X 915420 397416 39463 X X 0 1 X 1 0 X 170195 339533 447636 1149083 766786 2873233 170195 339533 447636 1149083 766786 2873233 837667 2035566 272154 171325 252151 245183 271807 1212620 4085853 22706 0.49820 0.46420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 734851 1 1 12473726 607073 1143105 409843 13814061 9817908 885231 2074589 304002 12473726 9204594 245204 632219 264109 9817908 8944723 114839 282501 137469 9204594 8534653 136524 665573 170195 221832 8944723 0.00000 0.57290 0.42710 0 0 26750 26750 128787 47047 81740 41621 26368 15253 123743 MONEY MARKET FUNDS/CERTIFICATES OF DEPOSITS 4132285 F 4132285 X 1903225 397416 39463 436879 1466346 55837 55837 1522183 550926 0 550926 55837 55837 606763 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 39,463. 1 VARIOUS LOCAL AGENCIES IN WESTERN INDIANA 135 S STRINGTOWN ROAD COVINGTON IN 47932 501(C)(3) 254329 BUILDING IMPROVEMENTS/TECHNOLOGY UPGRADES/FOOD PANTRY/TRAIL DEVELOPMENT SCHOLARSHIPS/BOOK REIMBURSEMENT 139 113864 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 39,463. FORM 990, PARK XII, LINE 2C THE COMMITTEE HAS NOT CHANGED THEIR APPROVAL PROCESS FROM THE PRIOR YEAR.