2013-07-31T14:04:57-05:00 2012-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2012-01-01 237101167 BUSINESS LEADERS FOR MICHIGAN FOUNDATION BUSI 3132595400 600 RENAISSANCE CENTER NO 1760 DETROIT MI 482431801 SABRINA KEELEY 3132595400 2013-07-26 1 P00053807 2483757100 2012 2016-02-24 21:20:13Z SABRINA KEELEY 600 RENAISSANCE CENTER NO 1760 DETROIT MI 482431801 2310256 0 X BUSINESSLEADERSFORMICHIGAN.COM X 1971 MI BUSINESS LEADERS FOR MICHIGAN IS AN ORGANIZATION DEDICATED TO MAKING MICHIGAN A "TOP TEN" STATE FOR JOB, ECONOMIC AND PERSONAL INCOME GROWTH. 90 89 0 0 0 0 1770000 2279937 0 30319 0 0 0 0 1770000 2310256 0 0 0 0 728825 855493 0 0 0 1260112 1459004 1988937 2314497 -218937 -4241 1580358 1391191 317100 132235 1263258 1258956 X BUSINESS LEADERS FOR MICHIGAN IS AN ORGANIZATION DEDICATED TO MAKING MICHIGAN A "TOP TEN" STATE FOR JOB, ECONOMIC AND PERSONAL INCOME GROWTH. 0 0 1974120 30319 SOME OF THE 2012 PROGRAM SERVICES ACCOMPLISHMENTS ARE AS FOLLOWS:1) EDUCATE THE PUBLIC AND WORK TO IMPLEMENT THE MICHIGAN TURNAROUND PLAN, INCLUDING THE NEW MICHIGAN STRATEGY.2) DEVELOP BUSINESS PLANS FOR NEW MICHIGAN STRATEGIES: HIGHER EDUCATION MARKETPLACE AND GATEWAY TO THE MIDWEST.3) CONTINUE THE MICHIGAN AMBASSADOR PROGRAM TO BRING TOGETHER EX-PAT MICHIGAN EXECUTIVES TO GAIN SUPPORT TO GROW BUSINESS INVESTMENT AND JOBS IN MICHIGAN.4) GREW OUR BLM-UNIVERSITY PARTNERSHIP (ACCELERATE MICHIGAN) TO HELP CREATE COLLABORATION OPPORTUNITIES FOR UNIVERSITIES AND THE BUSINESS COMMUNITY.5) SUPPORTED THE DEVELOPMENT OF THE DETROIT REGION AEROTROPOLIS. BLM IS A FOUNDING SUPPORTER OF THE EFFORTS TO DEVELOP THE LAND AROUND THE DETROIT METRO AIRPORT AND WILLOW RUN AIRPORT INTO A GLOBAL LOGISTICS HUBS.6) SUPPORTED THE DETROIT CREATIVE CORRIDOR CENTER. BLM IS A FOUNDING SUPPORTER OF THE CENTER AND SUPPORTS ITS ACTIVITIES TO GROW THE CREATIVE COMMUNITY AND ECONOMY IN DETROIT.A COMPLETE LIST OF ACTIVITIES AND ACCOMPLISHMENTS FOR THE ORGANIZATION CAN BE FOUND AT WWW.BUSINESSLEADERSFORMICHIGAN.COM. 1974120 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 X 90 89 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X PAUL TRULIK 3132595400 600 RENAISSANCE CENTER STE 1760 DETROIT MI 482431801 DOUG ROTHWELL 40.00 X X 0 595048 59530 DAVID W JOOS 1.00 X 0 0 0 TERENCE E ADDERLEY 1.00 X 0 0 0 DANIEL F AKERSON 1.00 X 0 0 0 G MARK ALYEA 1.00 X 0 0 0 WILLIAM CLAY FORD JR 1.00 X 0 0 0 GERARD M ANDERSON 1.00 X 0 0 0 DAVID W BARFIELD 1.00 X 0 0 0 ALBERT M BERRIZ 1.00 X 0 0 0 MARK J BISSELL 1.00 X 0 0 0 STEPHEN J BOSHOVEN 1.00 X 0 0 0 STEPHEN K CARLISLE 1.00 X 0 0 0 MARY SUE COLEMAN 1.00 X 0 0 0 TIMOTHY P COLLINS 1.00 X 0 0 0 ROBERT S CUBBIN 1.00 X 0 0 0 KURT L DARROW 1.00 X 0 0 0 DAVID C DAUCH 1.00 X 0 0 0 RICHARD L DEVORE 1.00 X 0 0 0 DOUGLAS L DEVOS 1.00 X 0 0 0 J PATRICK DOYLE 1.00 X 0 0 0 JAMES E DUNLAP 1.00 X 0 0 0 FREDERICK H EPPINGER 1.00 X 0 0 0 JEFF M FETTIG 1.00 X 0 0 0 YOUSIF B GHAFARI 1.00 X 0 0 0 DANIEL GILBERT 1.00 X 0 0 0 ALLAN D GILMOUR 1.00 X 0 0 0 ALFRED R GLANCY III 1.00 X 0 0 0 DAN GORDON 1.00 X 0 0 0 STEPHEN E GORMAN 1.00 X 0 0 0 JAMES P HACKETT 1.00 X 0 0 0 RONALD E HALL 1.00 X 0 0 0 RICHARD G HAWORTH 1.00 X 0 0 0 CHRISTOPHER ILITCH 1.00 X 0 0 0 MICHAEL J JANDERNOA 1.00 X 0 0 0 MILES E JONES 1.00 X 0 0 0 HANS-WERNER KAAS 1.00 X 0 0 0 ALAN JAY KAUFMAN 1.00 X 0 0 0 JOHN C KENNEDY 1.00 X 0 0 0 STEPHEN M KIRCHER 1.00 X 0 0 0 BLAKE W KRUEGER 1.00 X 0 0 0 ANDREW N LIVERIS 1.00 X 0 0 0 DANIEL J LOEPP 1.00 X 0 0 0 BEN C MAIBACH III 1.00 X 0 0 0 TIMOTHY M MANGANELLO 1.00 X 0 0 0 RICHARD A MANOOGIAN 1.00 X 0 0 0 FLORINE MARK 1.00 X 0 0 0 SARAH L MCCLELLAND 1.00 X 0 0 0 CHARLES G MCCLURE 1.00 X 0 0 0 DAVID E MEADOR 1.00 X 0 0 0 HANK MEIJER 1.00 X 0 0 0 MICHAEL MILLER 1.00 X 0 0 0 MARK A MURRAY 1.00 X 0 0 0 CATHLEEN H NASH 1.00 X 0 0 0 JAMES B NICHOLSON 1.00 X X 0 0 0 THOMAS D OGDEN 1.00 X 0 0 0 JAMES O'LEARY 1.00 X 0 0 0 WILLIAM U PARFET 1.00 X 0 0 0 CYNTHIA J PASKY 1.00 X 0 0 0 ROGER S PENSKE 1.00 X 0 0 0 WILLIAM F PICKARD 1.00 X 0 0 0 SANDRA E PIERCE 1.00 X 0 0 0 GERRY PODESTA 1.00 X 0 0 0 CHARLES H PODOWSKI 1.00 X 0 0 0 STEPHEN R POLK 1.00 X 0 0 0 JOHN RAKOLTA JR 1.00 X 0 0 0 ANDRA M RUSH 1.00 X 0 0 0 JOHN G RUSSELL 1.00 X 0 0 0 RICHARD F RUSSELL 1.00 X 0 0 0 ALAN F SCHULTZ 1.00 X 0 0 0 ALAN E SCHWARTZ 1.00 X 0 0 0 J DONALD SHEETS 1.00 X 0 0 0 BRAD SIMMONS 1.00 X 0 0 0 LOU ANNA K SIMON PH D 1.00 X 0 0 0 SAM SIMON 1.00 X 0 0 0 MATTHEW J SIMONCINI 1.00 X 0 0 0 BRIG SORBER 1.00 X 0 0 0 DOUGLAS W STOTLAR 1.00 X 0 0 0 ROBERT S TAUBMAN 1.00 X 0 0 0 SAMUEL VALENTI III 1.00 X 0 0 0 STEPHEN A VAN ANDEL 1.00 X 0 0 0 MICHELLE L VAN DYKE 1.00 X 0 0 0 TIMOTHY WADHAMS 1.00 X 0 0 0 BRIAN C WALKER 1.00 X 0 0 0 WILLIAM H WEIDEMAN 1.00 X 0 0 0 WILLIAM C YOUNG 1.00 X 0 0 0 MATTHEW B ELLIOTT 1.00 X 0 0 0 JOSEPH P CAMPANELLI 1.00 X 0 0 0 BRIAN K LARCHE 1.00 X 0 0 0 FREDERICK K MINTURN 1.00 X 0 0 0 EVAN D LYALL 1.00 X 0 0 0 SABRINA KEELEY 40.00 X 0 230448 50826 TIMOTHY SOWTON 40.00 X 0 178309 35214 KELLY CHESNEY 40.00 X 0 140448 27145 0 1144253 172715 0 0 1 0 0 525000 1754937 2279937 CEO SUMMIT 900099 30319 30319 30319 2310256 30319 0 0 702262 632036 70226 41894 37705 4189 79368 71431 7937 31969 28772 3197 8660 8660 11573 11573 64280 64280 24401 24401 26206 26206 37252 37252 17806 17806 4650 4650 COMMUNICATIONS 417362 417362 POLICY RESEARCH & DEVEL 329481 329481 ROAD 2 RENAISSANCE 280762 280762 LEADERSHIP SUMMITS 101571 101571 135000 75000 60000 2314497 1974120 340377 0 878748 472097 208671 22943 169803 537314 1100 228464 156307 73389 72157 249747 285580 1580358 1391191 100078 52298 208671 79937 8351 0 317100 132235 X 645544 692067 617714 566889 1263258 1258956 1580358 1391191 X -4241 -61 X 0 1 X 1 0 X 5168581 4644364 1044130 1770000 2279937 14907012 5168581 4644364 1044130 1770000 2279937 14907012 3469775 11437237 760464 120867 83557 30319 995207 15902219 574296 0.71920 0.59900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 459100 249447 708547 1062821 66000 241429 307429 114775 62362 177137 265706 228464 156307 72157 72157 VENTURE CAPITAL FUND 106654 DETROIT INVESTMENT FUND 178926 285580 X 2310195 -61 -61 2310256 0 2310256 2314497 0 2314497 0 2314497 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANIES AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012 AND 2011, 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 COMPANIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE COMPANIES BELIEVE THAT IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009. PART XI, LINE 2D - OTHER ADJUSTMENTS: 2012 CHANGE IN EQUITY INVESTMENT -61. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 DOUG ROTHWELL 0 463948 0 50000 0 81100 0 18619 0 40911 0 654578 0 0 SABRINA KEELEY 0 210448 0 20000 0 0 0 16100 0 34726 0 281274 0 0 TIMOTHY SOWTON 0 168309 0 10000 0 0 0 0 0 35214 0 213523 0 0 KELLY CHESNEY 0 130448 0 10000 0 0 0 0 0 27145 0 167593 0 0 PART I, LINE 1A THE PRESIDENT OF THE ORGANIZATION IS PROVIDED A MEMBERSHIP TO THE DETROIT ATHLETIC CLUB FOR PURPOSES OF NETWORKING. PART I, LINE 4B DOUG ROTHWELL PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE AMOUNT CONTRIBUTED TO THE PLAN IN 2012 WAS $1,619 AND BENEFIT PAYMENTS OF $81,100 WERE MADE DURING 2012. APPARATUS SOLUTIONS INC APPARATUS SOLUTIONS, INC. IS OWNED BY PAUL TRULIK FORMER OFFICER OF BLMF 60000 MANAGEMENT AND ADMINISTRATIVE SERVICES 0 FORM 990, PART VI, SECTION A, LINE 2 BUSINESS LEADERS FOR MICHIGAN FOUNDATION IS COMPRISED OF THE CHAIRPERSONS, CHIEF EXECUTIVE OFFICERS, OR MOST SENIOR EXECUTIVES OF MICHIGAN'S LARGEST EMPLOYERS AND UNIVERSITIES. AS SUCH, MANY OF THEM HAVE REGULAR BUSINESS RELATIONSHIPS WITH EACH OTHER'S COMPANIES - I.E. PROVIDE UTILITIES, INSURANCE OR BANKING SERVICES. SOME OF THEM ALSO SERVE ON EACH OTHER'S BOARDS OF DIRECTORS AS WELL. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS AND THE FORM 990 IS REVIEWED IN DETAIL BY THE TREASURER, COO, AUDIT COMMITTEE, AND EXECUTIVE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH BOARD QUESTIONNAIRES. IF A CONFLICT OF INTEREST IS FOUND, THE INDIVIDUAL(S) ARE PROHIBITED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CONDUCTED A COMPENSATION STUDY FOR THE CEO'S COMPENSATION AND REQUIRES EXECUTIVE COMMITTEE APPROVAL FOR ALL CEO COMPENSATION ISSUES. FOR OTHER KEY OFFICERS/EMPLOYEES, SALARY RANGES ARE REVIEWED FOR SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS AND THE CHAIRMAN APPROVES THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE TO THE PUBLIC BY REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: 2012 ADJUSTMENT TO EQUITY INVESTMENT -61. BUSINESS LEADERS FOR MICHIGAN 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 381941576 IMPROVE STATE OF MICHIGAN'S ECONOMIC COMPETITIVENESS. MI SECTION 501(C)(4) N/A 0 BUSINESS LEADERS FOR MICHIGAN POLITICAL ACTION COMMITTEE 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 273999152 POLITICAL EXPENDITURES MI 527 N/A 0 BUSINESS LEADERS FOR MICHIGAN POLITICAL ACTION COMMITTEE II 600 RENAISSANCE INC STE 1760 DETROIT MI 482431801 273999229 POLITICAL EXPENDITURES MI 527 N/A 0 RENAISSANCE VENTURE CAPITAL FUND I LP 600 RENAISSANCE CENTER DETROIT MI 482431801 263516895 IMPROVE MICHIGAN'S ECONOMIC COMPETITIVENESS AND TRANSFORM THE ECONOMY MI BUSINESS LEADERS FOR MICHIGAN RELATED 4621 106654 0 0 0.00560 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 BUSINESS LEADERS FOR MICHIGAN D 537134 INVOICED AMOUNTS BUSINESS LEADERS FOR MICHIGAN P 1110322 MANAGEMENT ESTIMATE BUSINESS LEADERS FOR MICHIGAN O 855493 PERCENTAGE ALLOCATION BUSINESS LEADERS FOR MICHIGAN C 1450000 ACTUAL AMOUNT