2015-08-17T15:00:18-05:00 2014-12-31 381357951 Plante & Moran PLLC PO BOX 307 Southfield MI 480370307 990 2014-01-01 381358055 YMCA of Metropolitan Detroit YMCA 3132675300 1401 BROADWAY DETROIT MI 48226 MICHELLE KOTAS CHIEF FINANCIAL OFFICER 2015-08-14 true Lynne Huismann P00053811 2483522500 2014 2016-04-25 22:37:26Z Scott Landry 1401 BROADWAY DETROIT MI 48226 41944496 false X WWW.YMCADETROIT.ORG X 1852 MI TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. 68 65 2481 478 0 0 5107609 5213651 33155455 35343181 -36994 65946 826026 855374 39052096 41478152 431606 395855 0 0 22338100 24016448 0 0 758740 17437037 17281857 40206743 41694160 -1154647 -216008 56735306 55884656 32578145 32576892 24157161 23307764 THE YMCA OF METROPOLITAN DETROIT IS A VOLUNTEER LED PUBLIC CHARITY THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. OUR MISSION IS TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. false false 8600460 7200109 CHILD CARE AND DAY CAMP THE YMCA OFFERS CHILDREN AND PARENTS A SAFE AND CARING PLACE TO GROW, SUPPORTING PARENT'S EFFORTS TO NURTURE THEIR CHILDREN'S HEALTHY DEVELOPMENT. TRAINED AND CERTIFIED STAFF PROVIDES AFFORDABLE, HIGH-QUALITY CARE FOR PEACE OF MIND AND FAMILY SUCCESS. OVER 2,600 CHILDREN PARTICIPATED IN AGE-APPROPRIATE ENJOYABLE CHILD CARE EXPERIENCES. YMCA CHILD CARE, INCLUDING AFTER-SCHOOL CARE, IS OFFERED IN LICENSED LOCATIONS THROUGHOUT SOUTHEAST MICHIGAN AND INCLUDES YOUTH FITNESS TO ENSURE A HEALTHY LIFESTYLE AT THE EARLIEST AGE. ONE OF THE BEST WAYS TO GIVE CHILDREN A HEAD START IN LIFE IS THROUGH THE QUALITY CHILD CARE PROGRAMS AT THE YMCA. BUT ANYONE WITH CHILDREN KNOWS EVEN THE MOST AFFORDABLE CHILD CARE PROGRAM IS A CONSIDERABLE FINANCIAL RESPONSIBILITY. FOR SOME, WITHOUT THE HELP OF THE YMCA ANNUAL CAMPAIGN, IT WOULDN'T EVEN BE A POSSIBILITY. THAT IS WHY THE ANNUAL CAMPAIGN HELPS BUILD STRONG FAMILIES OF ALL SIZES BY OFFERING MUCH NEEDED FINANCIAL ASSISTANCE FOR CHILD CARE. SUMMER DAY CAMP IS ALSO OFFERED AT EVERY YMCA OF METROPOLITAN DETROIT BRANCH, AND ENROLLMENT OFTEN FILLS UP QUICKLY. BUT THE YMCA PROVIDES SEVERAL DIFFERENT SUMMER CAMP EXPERIENCES - CAMP OHIYESA IN HOLLY, CAMP NISSOKONE IN OSCODA OR 10 DAY CAMP LOCATIONS THROUGHOUT SOUTHEAST MICHIGAN. FOUR OF EVERY TEN CHILDREN IN YMCA DAY CAMP ARE PROVIDED SUBSIDY ASSISTANCE FROM OUR ANNUAL CAMPAIGN. LAST YEAR, THE ASSOCIATION RAISED APPROXIMATELY $1 MILLION TO SUPPORT FAMILIES AND CHILDREN TO ENABLE THEIR FULL PARTICIPATION IN NURTURING PROGRAMS. 6875633 7308119 EDUCATIONAL SERVICES YMCA EDUCATIONAL SERVICES, (Y-ES), IS A WHOLLY-OWNED AND OPERATED SUBSIDIARY OF THE YMCA OF METROPOLITAN DETROIT DEDICATED TO CHILDREN AND BUILDING ON THE 100-YEAR EDUCATIONAL MISSION OF THE YMCA. YMCA EDUCATIONAL SERVICES IS SOLELY AND WHOLLY FOCUSED ON THE NEEDS AND UNIQUE LEARNING STYLES OF MICHIGAN'S MOST PROMISING YOUTH WHO LIVE IN THE REGION'S MOST CHALLENGED COMMUNITIES. FROM THE ESTABLISHMENT OF THE DETROIT COLLEGE OF LAW IN 1891 TO FOUNDING OF THE YMCA'S HUDSON SCHOOL FOR BOYS IN 1916, THE YMCA'S ROOTS IN EDUCATION TODAY GIVE SEED TO THE THIRD YMCA CREATED CHARTER PRIMARYSCHOOL AND SOON TO BE HIGH SCHOOL DESIGNED TO GRADUATE WORLD-CLASS LEARNERS WITH A GLOBAL FUTURE. TODAY, THE YMCA OPERATES THE YMCA'S DETROIT LEADERSHIP ACADEMY IN THE BRIGHTMOOR NEIGHBORHOOD OF DETROIT SERVICE 490 KINDERGARTEN THROUGH 10TH GRADE STUDENTS - 90 PERCENT OF WHOM QUALIFY AS IMPOVERISHED. THE YMCA OPENED THE YMCA'S DETROIT INNOVATION ACADEMY, A SECOND CHARTER SCHOOL WITH APPROXIMATELY 300 STUDENTS. 5371579 1732333 AQUATICS SWIMMING LESSONS, AS WE KNOW THEM TODAY, WERE INVENTED AT THE DETROIT YMCA IN 1910 BEFORE SPREADING THROUGHOUT THE YMCA NATIONAL MOVEMENT. LEARNING TO SWIM AT THE YMCA IS MORE THAN STROKE DEVELOPMENT. TRAINED, CERTIFIED AND SENSITIVE STAFF GIVES PERSONAL ATTENTION TO OVER 9,000 PROGRAM PARTICIPANTS TO ENSURE QUALITY AND SAFETY. YMCA AQUATICS PROGRAMS ARE AVAILABLE TO ALL AGES AND SKILL LEVELS. THROUGH GUIDED DISCOVERY ACTIVITIES AND CREATIVE TEACHING METHODS, EACH LEVEL OF THE YMCA SWIM LESSON PROGRAM TEACHES AGE-APPROPRIATE SKILLS. PARTICIPANTS ARE TAUGHT IN SMALL GROUPS WITH OTHERS OF THEIR OWN AGE AND SKILL LEVEL. THE Y'S APPROACH TO SWIM LESSONS PROVIDES FOR MORE ACTIVE INVOLVEMENT AND A BETTER FUNDAMENTAL UNDERSTANDING OF SWIMMING. YMCA OF METROPOLITAN DETROIT SWIM TEAMS ALSO PLAY AN IMPORTANT ROLE IN BUILDING SELF-ESTEEM, CONFIDENCE AND TEAM SPIRIT. SEVERAL YMCA BRANCHES SUPPORT SWIM TEAMS INCLUDING THE BIRMINGHAM YMCA TEAM OF NATIONAL REPUTATION WITH 300 PARTICIPANTS. 17033479 395855 19398594 THE YMCA OFFERS AFFORDABLE PROGRAMS AND SERVICES IN HEALTHY LIVING, YOUTH DEVELOPMENT AND SOCIAL RESPONSIBILITY DESIGNED TO BENEFIT FAMILIES OF ALL INCOMES AND BACKGROUNDS. FEES ARE BASED ON THE ACTUAL COST TO PROVIDE EACH PROGRAM. CANDIDATES QUALIFY TO RECEIVE SCHOLARSHIPS FOR MEMBERSHIP AND PROGRAMS IF THEY ARE LOW INCOME. THE AMOUNT THEY PAY IS BASED ON A SLIDING FEE SCALE WITH THE REMAINDER SUBSIDIZED BY THE YMCA THROUGH EITHER GRANT FUNDING AND/OR THE YMCA ANNUAL CAMPAIGN. 17033479 395855 19398594 37881151 true true false false false false false false true true false false false true true false true false false true true false false true false false true true true true false false false false false false false false false true false false false false true true true true false false true 65 0 true 2481 true false false false false false true true false false false false X 68 65 true true false false false false false true true false true true true true true true true true true true false MI X X MICHELLE KOTAS 3132675300 1401 BROADWAY STE 3A DETROIT MI 48226 William A Erken Board Member - Chairman of the Board 4.00 X X 0 0 0 Steven Kurmas Board Member - Treasurer Finance Committee Chair 3.00 X X 0 0 0 Michael E McInerney Board Member - Vice Chariman 3.00 1.00 X X 0 0 0 James M Nicholson Board Member - Vice Chairman 3.00 X X 0 0 0 Scott A Landry President and CEO 50.00 5.00 X X 239433 0 28245 Reid Thebault President and CEO 50.00 5.00 X X 246413 0 25177 Janet Alaska Board Member 1.00 X 0 0 0 Arthur J Kubert Board Member 3.00 X 0 0 0 Pete Kowalski Board Member 1.00 X 0 0 0 Saba Ammouri Board Member 2.00 X 0 0 0 William P Baer Board Member 3.00 X 0 0 0 David J Allen Board Member 2.00 X 0 0 0 Evelyn Caise Board Member 3.00 X 0 0 0 Jeanne Carlson Board Member 3.00 X 0 0 0 John C Carter Board Member 3.00 1.00 X 0 0 0 Mary E Corrado Board Member 3.00 X 0 0 0 Anthony P Cracchiolo Board Member 2.00 1.00 X 0 0 0 Matthew P Cullen Board Member 3.00 X 0 0 0 Ronald A Deneweth Board Member 3.00 X 0 0 0 Ahmad M Ezzeddine PhD Board Member 2.00 X 0 0 0 Burton D Farbman Board Member 2.00 X 0 0 0 Jay D Farner Board Member 1.00 X 0 0 0 Raymond L Finocchio Board Member 1.00 X 0 0 0 Gary Forhan Board Member 1.00 X 0 0 0 Wendy L Foss Board Member 3.00 1.00 X 0 0 0 Ronald J Gantner Board Member 1.00 X 0 0 0 Marita S Grobbel Board Member 2.00 1.00 X 0 0 0 Sandra M Hermanoff Board Member 3.00 X 0 0 0 Amy Hochkammer Board Member 1.00 X 0 0 0 Kathy Hoen Board Member 1.00 X 0 0 0 Pearl M Holforty Board Member 1.00 X 0 0 0 Eric Huffman Board Member 1.00 X 0 0 0 Larry L Johnson Board Member 3.00 1.00 X 0 0 0 Lawrence Kearney Jr Board Member 1.00 X 0 0 0 Kyle C Kerbawy Board Member 3.00 X 0 0 0 Brad M Kreiner Board Member 2.00 1.00 X 0 0 0 Daniel L Langlois Board Member 2.00 X 0 0 0 Elaine J Lewis Board Member 2.00 X 0 0 0 Ben C Maibach III Board Member 2.00 X 0 0 0 Erik Meier Board Member 1.00 X 0 0 0 James T Mestdagh Board Member 1.00 X 0 0 0 Edward J Miller Board Member 1.00 X 0 0 0 Grant E Morisette Board Member 1.00 X 0 0 0 Joseph Mullany Board Member 1.00 X 0 0 0 James B Nicholson Board Member 1.00 X 0 0 0 Arthur A Nitzsche Board Member 1.00 X 0 0 0 Karen O'Donoghue Board Member 3.00 X 0 0 0 Michael F Ottaway Board Member 1.00 X 0 0 0 Venus Randle Board Member 1.00 X 0 0 0 Carl Rashid Jr Board Member 1.00 X 0 0 0 Carl D Roehling Board Member 1.00 X 0 0 0 Paula M Roman Board Member 1.00 X 0 0 0 Scott Russell Board Member 1.00 X 0 0 0 James R Scapa Board Member 1.00 X 0 0 0 Tom Schumm Board Member 2.00 X 0 0 0 Bernard B Silverstone Board Member 1.00 X 0 0 0 Benjamin L Smith III Board Member 1.00 X 0 0 0 Jeff Terrill Board Member 1.00 X 0 0 0 Antonio Trivelloni Board Member 1.00 X 0 0 0 Jennifer A Vanhorn Board Member 1.00 X 0 0 0 Dwight H Vincent Board Member 1.00 X 0 0 0 Gail Bernard Von Staden Board Member 1.00 X 0 0 0 Susan M Webb Board Member 1.00 X 0 0 0 Alan D Whitman Board Member 3.00 X 0 0 0 Al Zander Board Member 1.00 X 0 0 0 Paul M Balas Board Member - Chair of Audit Committee 3.00 X 0 0 0 Wayne W Bradley Sr Board Member 1.00 X 0 0 0 Daniel J Bretz Board Member 3.00 X 0 0 0 Kathy Amerman Board Member 1.00 X 0 0 0 Michelle Kotas SVP Finance/CFO 50.00 5.00 X 132910 0 11457 John S Walters EVP of Operations/COO 50.00 X 243743 0 32481 Dan Maier EVP of Development 50.00 5.00 X 146658 0 15351 Latitia McCree SVP Mission Resources/CDO 50.00 5.00 X 95739 0 12794 John Harris District VP of Branch Operations 50.00 X 140504 0 24217 Lorie Uranga SVP of Facilities 50.00 X 130825 0 12371 Alison Bailey SVP of Human Resources 50.00 X 117073 0 14540 Doreen Durandetto District VP of Branch Operations 50.00 X 122253 0 17893 SHAWN HILL SUPERINTENDENT 50.00 X 119265 0 21313 1734816 0 215839 13 false true true JOHNSON CONTROLS INC PO BOX 905240 CHARLOTTE NC 28290 MECHANICAL ENGINEERING 644386 EDIBLES REX MANAGEMENT 5555 CONNTER SUITE 1058 DETROIT MI 48213 FOOD SERVICE 273168 PIC MAINTENANCE INC 1919 CONCEPT DRIVE WARREN MI 48091 CLEANING 179666 247365 INCORPORATED 22610 ROSEWOOD OAK PARK MI 48237 CLEANING 169559 ROAD RUNNER MAINTENANCE PO BOX 5935 TROY MI 48007 CLEANING 167376 13 X 192600 386496 956852 1267097 2410606 0 5213651 Membership Revenue 713940 15081188 15081188 Day Camp Revenue 624410 2838504 2838504 Childcare Revenue -- School Age 624410 2013156 2013156 Childcare Revenue -- Infant/Toddler/Preschool 624410 1368401 1368401 Resident Camp Revenue 624410 875048 875048 13166884 13166884 0 0 35343181 8200 8200 0 0 105039 47293 57746 0 57746 57746 488627 386496 419051 69576 69576 MANAGEMENT SERVICES 561000 295974 295974 INSURANCE PROCEEDS 524298 323143 323143 CONVENIENCE ITEMS 452000 135729 135729 30952 0 0 30952 785798 41478152 35639155 0 625346 329260 329260 53445 53445 13150 13150 1230404 702432 283135 244837 18952468 17817484 1012635 122349 697906 662708 31589 3609 1388530 1267009 87727 33794 1747140 1649623 68311 29206 200908 111985 88562 361 88700 49441 39100 159 0 0 0 0 98850 55099 43574 177 672738 669598 738 2402 576483 483651 83772 9060 3363252 3085912 231568 45772 296858 164774 116601 15483 246456 185948 50354 10154 612234 563358 37817 11059 312424 312424 2926734 2693088 180780 52866 REPAIRS AND MAINTENANCE 2516515 2311120 168612 36783 PROGRAM SUPPLIES 1821643 1751558 40821 29264 PROGRAM INSTRUCTION 2043969 1800410 215871 27688 EQUIPMENT RENTAL AND MA 878678 808194 66424 4060 625415 339480 206278 79657 41694160 37881151 3054269 758740 1433682 1864320 437401 368942 1870005 1987709 1052381 1069252 101484686 51393427 51438309 50091259 503528 503174 0 0 0 0 56735306 55884656 2482802 2417045 1371692 1361025 28105000 27835000 224759 189464 0 0 393892 774358 32578145 32576892 X 23344515 22263455 812646 1044309 24157161 23307764 56735306 55884656 X -216008 -156885 -476504 X false true X true true true X 5413224 4004819 5430167 5107609 5213651 25169470 5413224 4004819 5430167 5107609 5213651 25169470 4162820 21006650 11129 8313 8270 5174 8200 41086 368373 465573 348513 756388 1274425 3213272 28423828 153087116 0.7391 0.7393 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 368373.0, COLUMN B - 465573.0, COLUMN C - 348513.0, COLUMN D - 756388.0, COLUMN E - 785798.0, COLUMN F - 2724645.0; DESCRIPTION - FUNDRAISING, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 488627.0, COLUMN F - 488627.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15735506 329260 399909 956852 30998 15476825 13963348 376106 2195461 765744 33665 15735506 13085798 179720 1528840 787332 43678 13963348 14520390 143601 -721994 804264 51935 13085798 13689668 195550 1811185 1132359 43654 14520390 0.588 0.412 true true true 5776945 5776945 69951959 31067872 38884087 459724 95467 364257 10503255 9502036 1001219 14792803 10728052 4064751 50091259 Capital Lease Obligations 422768 Obligations Under Life Income Contracts 220362 Fair Value of Interest Rate Swap Agreement 131228 774358 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUND OF THE YMCA OF METROPOLITAN DETROIT SUPPORTS A MYRIAD OF YMCA BRANCH PRIORITIES FROM CAMPING SCHOLARSHIPS AT CAMP OHIYESA AND NISSOKONE, TO DAY CAMP SCHOLARSHIPS AT 10 BRANCHES ACROSS SOUTHEAST MICHIGAN TO THE ACHIEVERS PROGRAMMING SERVING THE INNER CITY OF DETROIT. DESIGNATED GIFTS TO SEVERAL YMCA BRANCHES SUPPORT SPECIFIC PROGRAMS SUCH AS YMCA SWIM TEAMS AND LITERACY INITIATIVES IN ACCORDANCE WITH THE WISHES OF THE ORIGINAL DONORS. THE ENDOWMENT IS HELD BY THE YMCA FOUNDATION A RELATED ENTITY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote EXPLANATION: THE ASSOCIATION IS AN ORGANIZATION DESCRIBED IN INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND, AS SUCH, IS EXEMPT FROM TAXATION UNDER IRC SECTION 501(A). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31 2011. true Central America and the Caribbean 0 0 Grantmaking 10000 Russia and the Newly Independent States 0 0 Grantmaking 3150 0 0 0 0 0 0 13150 0 13150 Central America and the Caribbean TO SUPPORT YMCA-USA WORLD SERVICE CAMPAIGN IN HAITI 10000 CHECK PAYABLE TO YMCA-USA FOR USE IN HAITI 0 0 1 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds EXPLANATION: THE YMCA OF METROPOLITAN DETROIT MADE THESE GRANTS THROUGH THE YMCA-USA, AND THEREFORE RELIED ON YMCA-USA TO ENSURE THAT THE FUNDS ARE USED APPROPRIATELY. IN THE CASE OF THE HAITI GRANT, A YMCA OF METROPOLITAN DETROIT STAFF MEMBER WAS PART OF A GROUP OF STAFF SENT BY YMCA-USA TO PERFORM WORK IN HAITI. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS EXPLANATION: THE YMCA OF METROPOLITAN DETROIT MADE THESE GRANTS THROUGH THE YMCA-USA, AND THEREFORE RELIED ON YMCA-USA TO ENSURE THAT THE FUNDS ARE USED APPROPRIATELY. IN THE CASE OF THE HAITI GRANT, A YMCA OF METROPOLITAN DETROIT STAFF MEMBER WAS PART OF A GROUP OF STAFF SENT BY YMCA-USA TO PERFORM WORK IN HAITI. GOLF OUTINGS 576657 325881 250776 230096 RUNNING EVENTS 134738 14073 120665 108697 57 163728 46542 117186 80258 875123 386496 488627 419051 419051 69576 true YMCA FOUNDATION 1401 BROADWAY STE 3A DETROIT MI 48226 300187652 329260 1 DIRECT CASH ASSISTANCE TO COMMUNITY FAMILY 1 53445 Schedule I, Part II, Line 1(h) PURPOSE OF GRANT NAME OF ORGANIZATION OR GOVERNMENT: YMCA FOUNDATION (H) PURPOSE OF GRANT OR ASSISTANCE: FROM TIME TO TIME THE YMCA RECEIVES BEQUESTS, PLANNED GIFTS, OR OTHER GIFTS. IN SOME CASES THESE GIFTS ARE RESTRICTED BY THE DONOR FOR ENDOWMENT PURPOSES, AND IN OTHER CASES THESE GIFTS ARE DESIGNATED FOR ENDOWMENT PURPOSES BY MANAGEMENT AND THE BOARD OF DIRECTORS. THESE DONOR RESTRICTED GIFTS AND BOARD DESIGNATED GIFTS ARE TRANSFERRED TO THE YMCA FOUNDATION, A SEPARATE SUPPORT NON-PROFIT ORGANIZATION WHICH WAS ESTABLISHED TO PROVIDE INVESTMENT COUNSEL AND DIRECTION TO THE YMCA'S ENDOWMENT FUND. X true true X X X false false false false false false false false false Scott A Landry President and CEO 179274 0 23800 0 36359 0 18918 0 9327 0 267678 0 0 0 Reid Thebault President and CEO 82776 0 148800 0 14837 0 19868 0 5309 0 271590 0 0 0 John S Walters EVP of Operations/COO 125174 0 88424 0 30145 0 19872 0 12609 0 276224 0 71024 0 Dan Maier EVP of Development 96249 0 22400 0 28009 0 11893 0 3458 0 162009 0 0 0 John Harris District VP of Branch Operations 121739 0 15000 0 3765 0 11653 0 12564 0 164721 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees PRESIDENT/CEO WAS REIMBURSED MEMBERSHIP DUES PAID TO THE DETROIT ATHLETIC CLUB. A Michigan Strategic Fund 521417332 Noneavail 2014-06-27 28135000 PROVIDE FUNDS TO REFUND TWO PRIOR ISSUES DATED 11/13/03 AND 5/1/2001 false false false A 300000 0 28135000 0 0 0 441323 0 0 0 27685000 8677 2005 true false true true A false false false false 0.0 0.0 0.0 false false 0.0 false A false true false false true true HUNTINGTON NATIONAL BANK 7.00 false false false 0.0 false false A false Schedule K, Part I Issuer name: Michigan Strategic Fund PROVIDE FUNDS TO REFUND TWO PRIOR ISSUES DATED 11/13/03 AND 5/1/2001 DTE ENERGY CURRENT BOARD MEMBER 1408315 UTILITY SUPPLER false JP MORGAN CHASE CURRENT BOARD MEMBER 334933 BANK FEES AND LETTER OF CREDIT FEES false Schedule L, Part IV INTERESTED PERSONS SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: DTE ENERGY (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: CURRENT BOARD MEMBER, STEVEN KURMAS, IS A KEY EMPLOYEE OF THE ENTITY (D) DESCRIPTION OF TRANSACTION: UTILITY SUPPLIER Schedule L, Part IV INTERESTED PERSONS SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: JP MORGAN CHASE (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: CURRENT BOARD MEMBER, JOHN CARTER, IS A KEY EMPLOYEE OF THE ENTITY (D) DESCRIPTION OF TRANSACTION: BANK FEES AND LETTER OF CREDIT FEES CoreFormPartIII_PartIIILine4d Description of other program services (Expenses $ 17,033,479 including grants of $ 395,855)(Revenue $ 19,398,594) THE YMCA OFFERS AFFORDABLE PROGRAMS AND SERVICES IN HEALTHY LIVING, YOUTH DEVELOPMENT AND SOCIAL RESPONSIBILITY DESIGNED TO BENEFIT FAMILIES OF ALL INCOMES AND BACKGROUNDS. FEES ARE BASED ON THE ACTUAL COST TO PROVIDE EACH PROGRAM. CANDIDATES QUALIFY TO RECEIVE SCHOLARSHIPS FOR MEMBERSHIP AND PROGRAMS IF THEY ARE LOW INCOME. THE AMOUNT THEY PAY IS BASED ON A SLIDING FEE SCALE WITH THE REMAINDER SUBSIDIZED BY THE YMCA THROUGH EITHER GRANT FUNDING AND/OR THE YMCA ANNUAL CAMPAIGN. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JAMES B. NICHOLSON AND JAMES M. NICHOLSON - Family relationship Form 990, Part VI, Line 3 Delegation of management duties Name: Equity Education Management Solutions, LLC Amount: $165,000 Description: To provide certain management functions under the management agreements between Y-ES (wholly owned subsidiary of the YMCA) and the two charter schools, Detroit Leadership Academy and Detroit Innovation Academy. The functions provided by Equity focused on ensuring high student achievement and school sustainability. Responsibilities under the agreement included: strategic coordination, coaching, data analysis, grant management, staff oversight, and curriculum and program audits. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS FIRST REVIEWED BY THE AUDIT COMMITTEE. A DRAFT VERSION IS THEN EMAILED TO THE ENTIRE BOARD FOR REVIEW, WITH ANY COMMENTS OR QUESTIONS TO BE MADE WITHIN A CERTAIN NUMBER OF DAYS. THE FINAL VERSION OF THE FORM 990 IS FILED AFTER THE REVIEW OF THE AUDIT COMMITTEE AND THE BOARD. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE ANNUALLY. THE AUDIT COMMITTEE REVIEWS RESPONSES TO THE QUESTIONNAIRE, DOCUMENTS POTENTIAL CONFLICTS AND THE STEPS TAKEN TO RESOLVE THE CONFLICTS. A SUMMARY REPORT IS PROVIDED TO THE EXECUTIVE COMMITTEE. ALSO, THE CHAIRMAN OF THE AUDIT COMMITTEE PERIODICALLY ADDRESSES THE ENTIRE BOARD TO REMIND THEM THAT SHOULD A POTENTIAL CONFLICT ARISE DURING THE YEAR, SINCE THE SUBMISSION OF THE LAST CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE, EITHER THE AUDIT COMMITTEE OR THE CHAIRMAN OF THE BOARD SHOULD BE NOTIFIED IMMEDIATELY. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE EXECUTIVE COMPENSATION COMMITTEE DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO/PRESIDENT. THE COMMITTEE IS COMPRISED OF THE IMMEDIATE PAST BOARD CHAIRMAN, THE CURRENT BOARD CHAIRMAN, THE FUTURE BOARD CHAIRMAN, THE CHAIRMAN OF THE FOUNDATION BOARD, THE CHAIRMEN OF THE HUMAN RESOURCES COMMITTEE, THE FINANCE COMMITTEE, AND THE AUDIT COMMITTEE, AND TWO INDEPENDENT BOARD MEMBERS AT-LARGE. THE CEO/PRESIDENT IS NOT INVOLVED IN THE REVIEW OR APPROVAL OF HIS OR HER OWN COMPENSATION. THE EXECUTIVE COMPENSATION COMMITTEE MEETS TWICE PER YEAR TO REVIEW THE PERFORMANCE OF THE CEO/PRESIDENT. THE FIRST MEETING IS HELD MID-YEAR TO REVIEW CURRENT YEAR PROGRESS. AND THE SECOND MEETING IS HELD AT THE END OF THE YEAR TO COMPLETE A PERFORMANCE EVALUATION AND DETERMINE COMPENSATION. DATA FOR COMPARABLE COMPENSATION FOR CEOS OF OTHER YMCAS AND NOT-FOR-PROFITS IS OBTAINED FROM COTTER & SULLIVAN. LEGAL COUNSEL IS ALSO CONSULTED, AS NECESSARY, PRIOR TO AND/OR DURING THE MEETING AND MAINTAINS OR REVIEWS CONTEMPORANEOUS DOCUMENTATION OF DISCUSSIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. THE EXECUTIVE COMPENSATION COMMITTEE PROVIDES THE ORGANIZATION WITH WRITTEN INSTRUCTIONS REGARDING THE COMPENSATION AND BONUS TO BE PAID TO THE CEO/PRESIDENT. THESE PROCESSES WERE LAST UNDERTAKEN IN JUNE AND JULY 2014 WITH A MID-YEAR REVIEW. THE ANNUAL PERFORMANCE REVIEW FOR 2014 WAS COMPLETED IN FEBRUARY 2015. Form 990, Part VI, Line 15b Process to establish compensation of other employees PURSUANT TO THE REBUTTABLE PRESUMPTION REGULATIONS, THE BOARD HAS DELEGATED TO THE CEO/PRESIDENT THE AUTHORITY TO REVIEW AND DETERMINE THE COMPENSATION OF THE ORGANIZATION'S OFFICERS IN ACCORDANCE WITH THE COMPENSATION POLICY FOR THE SENIOR DIRECT REPORTS. ACCORDINGLY, THE CEO/PRESIDENT REVIEWS AND DETERMINES THE COMPENSATION OF SENIOR DIRECT REPORTS WHICH INCLUDE THE EXECUTIVE VICE PRESIDENT/C.o.o., SENIOR VICE PRESIDENT OF FINANCE /C.F.O., EXECUTIVE VICE PRESIDENT FINANCIAL DEVELOPMENT/C.D.O., SENIOR VICE PRESIDENT OF HUMAN RESOURCES, AND SENIOR VICE PRESIDENT OF PROPERTIES. TWICE PER YEAR, THE CEO/PRESIDENT MEETS INDIVIDUALLY WITH EACH DIRECT REPORT IN A FORMAL REVIEW SESSION TO REVIEW PROGRESS ON PRE-AGREED-UPON PERFORMANCE GOALS AND DETERMINE COMPENSATION. DATA FOR COMPARABLE COMPENSATION FOR SIMILAR POSITIONS AT OTHER YMCAS AND NOT-FOR-PROFITS IS OBTAINED FROM COTTER & SULLIVAN. FOLLOWING THE COMPLETION OF THIS PROCESS, THE CEO/PRESIDENT PREPARES A REPORT DOCUMENTING THE COMPENSATION DECISIONS AND PRESENT THE REPORT TO THE EXECUTIVE COMPENSATION COMMITTEE. THE REPORT SETS FORTH THE COMPENSATION APPROVED AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON. IF THE CEO/PRESIDENT DETERMINES THAT REASONABLE COMPENSATION IS HIGHER THAN THE RANGE OF COMPARABILITY DATA, HE OR SHE SETS FORTH THE REASONS FOR MAKING THIS DETERMINATION. CONTEMPORANEOUS DOCUMENTATION OF THE DISCUSSION AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS IS RECORDED IN THE COMMITTEE MINUTES. THESE PROCESSES WERE LAST UNDERTAKEN IN JUNE AND JULY 2014 WITH A MID-YEAR REVIEW. THE ANNUAL PERFORMANCE REVIEW FOR 2014 WAS COMPLETED IN FEBRUARY 2015. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Revenue - Total Revenue: 13166884, Related or Exempt Function Revenue: 13166884, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other - Total Revenue: 30952, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 30952; Form 990, Part X, Column (B) Subsequent Event Subsequent to the issuance of the audited financial statements for 12/31/14, an adjustment was identified which primarily impacts the balance sheet. The adjustment is not material to the financial statements, and therefore will be reflected in the 12/31/15 audited financial statements and the 2015 Form 990. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Value of Life Income Contracts - -20576; Loss on Extinguishment of Debt - -455928; Form 990, Part XII, Line 2c AUDIT COMMITTEE EXPLANATION: THE YMCA OF METROPOLITAN DETROIT'S AUDIT COMMITTEE OVERSEES THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Y-EDUCATION SERVICES L3C - 27-2440308 1401 BROADWAY SUITE 3A DETROIT MI 48226 272440308 PROVIDE MGMT, SUPERVISION, AND ADMIN OVERSIGHT OF MI PUBLIC SCHOOL ACADEMIES MI 7233125 1280519 YMCA OF METROPOLITAN DETROIT YMCA FOUNDATION - 30-0187652 1401 BROADWAY BLVD DETROIT MI 48226 300187652 MANAGE ENDOWMENT FUNDS OF YMCA OF METROPOLITAN DETROIT MI 501(c)(3 Type I YMCA OF METROPOLITAN DETROIT true false true true false false false false false false false false false false true true false false false false YMCA FOUNDATION B 329260 YMCA FOUNDATION C 956852 Schedule R, Part V, Line 2(d) GIFTS AND GRANTS SCHEDULE R, PART V, LINE 2 (1) COLUMN D: AMOUNTS GRANTED TO THE YMCA FOUNDATION ARE DONOR RESTRICTED GIFTS AND BOARD DESIGNATED GIFTS GIVEN TO THE YMCA FOUNDATION TO INVEST ON THE YMCA OF METROPOLITAN DETROIT'S BEHALF. Schedule R, Part V, Line 2(d) GIFTS AND GRANTS SCHEDULE R, PART V, LINE 2 (2) COLUMN D: FUNDS GRANTED TO THE YMCA OF METROPOLITAN DETROIT REPRESENT THE ACTUAL AMOUNT THE YMCA FOUNDATION BOARD APPROVES AS THE ANNUAL ALLOCATION TO SUPPORT GENERAL OPERATIONS.