2014-09-05T15:18:53-05:00 2013-12-31 382775143 STEWART BEAUVAIS & WHIPPLE PC 1979 HOLLAND AVE SUITE A PORT HURON MI 480608639 990 2013-01-01 452908074 BLUE WATER LAND FUND INC BLUE 8109844761 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 RANDY MAIERS PRESIDENT 8109844761 2014-09-02 true PAUL L BAILEY CPA P01259200 8109843829 2014-09-02 2013 2015-11-30 17:44:51Z X RANDY MAIERS PRESIDENT 1411 THIRD STREET 4TH FLOOR PORT HURON MI 48060 2197069 false X WWW.STCLAIRFOUNDATION.ORG X 2011 MI THE PRIMARY PURPOSE OF THE CORPORATION IS TO SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY'S EFFORTS IN DEVELOPING AND MAINTAINING A RIVER WALK, TO BE KNOWN AS THE "BLUE WATER RIVER WALK", ALONG A NEARLY ONE MILE LONG STRETCH OF THE ST. CLAIR RIVER SHORELINE. 15 15 0 20 0 471863 2196625 0 322 444 0 472185 2197069 7029 0 0 0 0 0 75011 145678 82040 145678 390145 2051391 1947857 3893071 166013 59836 1781844 3833235 X THE PRIMARY PURPOSE OF THE CORPORATION IS TO SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY'S EFFORTS IN DEVELOPING AND MAINTAINING A RIVER WALK, TO BE KNOWN AS THE "BLUE WATER RIVER WALK", ALONG A NEARLY ONE MILE LONG STRETCH OF THE ST. CLAIR RIVER SHORELINE. false false 145678 DEVELOPING AND MAINTAINING THE BLUE WATER RIVER WALK ALONG A NEARLY ONE MILE LONG STRETCH OF THE ST. CLAIR RIVER SHORELINE. 145678 true true false false false false false false false false true false false false false false true true false false false false false false false false false false false true false false false false false false false false true false false false false true false false false true 10 0 true 0 false false false false false false false false false false false false X 15 15 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 1141 THIRD STREET 4TH FLOOR PORT HURON MI 48060 X WILLIAM J BUTLER TRUSTEE 0.00 X 0 0 0 MICHAEL CONNELL TRUSTEE 0.00 X 0 0 0 DON C FLETCHER TRUSTEE 0.00 X 0 0 0 PHYLLIS H LEDYARD TRUSTEE 0.00 X 0 0 0 TIMOTHY J LOZEN TRUSTEE 0.00 X 0 0 0 PENELOPE PECK TRUSTEE 0.00 X 0 0 0 CHARLES T WANNINGER TRUSTEE 0.00 X 0 0 0 MICHAEL J WHALING TRUSTEE 0.00 X 0 0 0 JANICE C ROSE TRUSTEE 0.00 X 0 0 0 RANDY D MAIERS PRES/CEO 15.00 X 0 182125 20793 DOUGLAS S TOUMA CHAIR 1.00 X 0 0 0 MICHAEL J CANSFIELD VICE CHAIRMA 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 182125 20793 false true false 1962119 234506 196610 2196625 444 444 2197069 444 X 3200 3200 26366 26366 516 516 529 529 148 148 5987 5987 14759 14759 INITIATIVES (SHORELINE) 94147 94147 OTHER 26 26 145678 145678 0 0 332642 201928 3697130 5987 1615215 3691143 1947857 3893071 28910 59836 137103 166013 59836 X 1781844 3833235 1781844 3833235 1947857 3893071 2051391 X false true X true false X X X false false false COMMUNITY FOUNDATION OF ST CLAIR COUNTY 381872132 7 true true true 24375 1 24375 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3066553 3066553 630577 5987 624590 3691143 2197069 2197069 2197069 145678 145678 145678 false false false false false false false false false RANDY D MAIERS PRES/CEO 164325 17800 20793 21719 202918 X CONSTR/CONSULT 3 196610 FMV OF SERVICES/GOODS false true false FORM 990 - ORGANIZATION'S MISSION THE PRIMARY PURPOSE OF THE CORPORATION IS TO SUPPORT AND ENHANCE THE COMMUNITY FOUNDATION OF ST. CLAIR COUNTY'S EFFORTS IN DEVELOPING AND MAINTAINING A RIVER WALK, TO BE KNOWN AS THE "BLUE WATER RIVER WALK", ALONG A NEARLY ONE MILE LONG STRETCH OF THE ST. CLAIR RIVER SHORELINE. 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 ORGANIZAITON 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 14 FORM W-2S FILED IN 2013, ONLY ONE INVOLVED AN ALLOCATION OF WAGES AND BENEFITS BETWEEN THE COMMUNITY FOUNDATION AND THE COMMUNITY RENAISSANCE FUND. THE REMAINING RELATED SOLELY TO THE COMMUNITY FOUNDATION (ONE WAS AN EMPLOYEE WHO LEFT THE FOUNDATION IN 2013 PLUS SIX SUMMER/PROJECT INTERNS). THE BLUE WATER LAND FUND HAD NO EMPLOYEES AND RECEIVED NO ALLOCATION OF WAGES FOR 2013. 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, AND 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 990/990EZ 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). FORM 990, PART IX, LINE 11G RIVER WALK CONSULTING 1,991 0 0 PROJ FEES FOR STAFF SERVICES 24,375 0 0 COMMUNITY FOUNDATION OF ST CLAIR CO 1141 THIRD STREET 4TH FLOOR PORT HURON MI 48060 381872132 COMM DEVEL MI 501C3 7 N/A false COMMUNITY RENAISANCE FUND 1141 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 1962119 CASH BASIS