Civic Intelligence

Michigan Community Foundation Ventures

990 • Fiscal year 2018 • EIN 38-3160228

Apr 01, 2017 to Mar 31, 2018 • Filed on Sep 18, 2018

Organization ProfileN/A
One South Harbor Dr No 8Grand Haven, MI 49417

(616) 842-7080

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2018

Top Officer Pay

99th percentile

$291,539

Higher top officer pay than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$70,677

Down $54,532 (-44%) from 2017

Net Assets

Down

$70,677

Down $54,532 (-44%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2017

Expenses

Up

$54,532

Up $14,271 (+35%) from 2017

Net Income

Down

-$54,532

Down $14,271 (-35%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2012: $406,235Liabilities 2012: $0Net Assets 2012: $406,2352012Assets 2013: $362,772Liabilities 2013: $0Net Assets 2013: $362,7722013Assets 2014: $289,062Liabilities 2014: $0Net Assets 2014: $289,0622014Assets 2015: $235,175Liabilities 2015: $0Net Assets 2015: $235,1752015Assets 2016: $165,470Liabilities 2016: $0Net Assets 2016: $165,4702016Assets 2017: $125,209Liabilities 2017: $0Net Assets 2017: $125,2092017Assets 2018: $70,677Liabilities 2018: $0Net Assets 2018: $70,6772018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$70,677
Liabilities$0
Net Assets$70,677
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2012: $26,562Expenses 2012: $629,312Net Income 2012: -$602,7502012Revenue 2013: $25,790Expenses 2013: $69,253Net Income 2013: -$43,4632013Revenue 2014: $59,500Expenses 2014: $133,210Net Income 2014: -$73,7102014Revenue 2015: $23,940Expenses 2015: $77,827Net Income 2015: -$53,8872015Revenue 2016: $8,550Expenses 2016: $78,255Net Income 2016: -$69,7052016Revenue 2017: $0Expenses 2017: $40,261Net Income 2017: -$40,2612017Revenue 2018: $0Expenses 2018: $54,532Net Income 2018: -$54,5322018Revenue 2019: $7,091Expenses 2019: $77,768Net Income 2019: -$70,6772019

Highlighted filing

2018

Revenue$0
Expenses$54,532
Net Income-$54,532
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Sep 18, 2018
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

To support collaborative activites by community foundations will contribute to growth in assets, economies of scale, and meeting & maintining national standards.

The mission of michigan community foundations ventures is to support collaborative activities by community foundations that will contribute to growth in assets, economies of scale, and meeting & maintaining national standards.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Assets Total$125,209$70,677▼ $54,532
Total Assets$125,209$70,677▼ $54,532
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$104,160$49,628▼ $54,532
Temporarily Rstr Net Assets$21,049$21,049→ $0
Total Net Assets Fund Balance$125,209$70,677▼ $54,532
Total Liabilities and Net Assets / Fund Balance$125,209$70,677▼ $54,532

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$70,677--
Compensation and Service Providers
Top Officer Pay99th percentile

Board Members and Trustees

NameTitle
Renee JohnstonChair
Robert CollierPresident
Amanda SchaferVice Chair
Brenda HuntSecretary, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-54,532

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$29,328
Other Expenses$25,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,929$4,399-$29,328
Conferences and Meetings$12,700--$12,700
Other Expenses$4,988$880-$5,868
Information Technology$2,741$484-$3,225
Insurance$2,287$404-$2,691
Fees for Services Legal-$700-$700
Office Expenses$20--$20
Total Functional Expenses$47,665$6,867$0$54,532

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$54,532
Total Expenses per Audited Statements$54,532
Total Expenses per Form 990$54,532
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The council of michigan foundations is the sole member of michigan community foundations ventures.”

Form 990, Part VI, Section A, Line 7A

“The council of michigan foundations' board approves the appointments to the mcfv board. Any significant changes in the bylaws or other governance areas would be approved by the cmf board.”

Form 990, Part VI, Section A, Line 7B

“Any changes to the bylaws or governing documents of mcfv would be approved by the cmf board.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 along with a memo highlighting key information in the return was sent to all trustees prior to filing. Trustees were instructed to contact cmf's cfo if they had questions or comments regarding the information provided.”

Form 990, Part VI, Section B, Line 12C

“Annually trustees & key employees are required to complete the conflict of interest form. Management reviews responses and would contact legal counsel if a conflict were noted to determine the appropriate plan of action.”

Form 990, Part VI, Section B, Line 15

“In 2015 the council of michigan foundation's compensation committee hired mercer to conduct a compensation review of all supervisory staff including the president of cmf, who is also the president of mcfv. Given the rate of inflations the last few years the committee felt the latest survey is still relevent, taking in to account inflation increases.”

Form 990, Part VI, Section C, Line 19

“Mcfv's governing documents, policies, audit report, form 990 & 1023 are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Community Foundation Ventures
EIN
38-3160228
Phone
6168427080
Address
ONE SOUTH HARBOR DR NO 8, GRAND HAVEN, MI 49417

Signing Officer

Name
Robert S Collier
Title
President
Phone
6168427080
Signed
2018-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Collier
Formed
1993
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Rehmann Robson LLC
Address
MILLIKEN PLACE 107 S CASS STE A, TRAVERSE CITY, MI 49684
Preparer
Kerry J Nelson CPA
Phone
2319463230
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Cmf and its supporting organizations, mcfv, cmfso and ltg, are not-for-profit organizations exempt from income taxes under section 501(c)(3) of the internal revenue code and are also exempt from similar state and local taxes. Although the organization was granted income tax exemption by the internal revenue service, such exemption does not apply to "unrelated business taxable income." such income, pursuant to the internal revenue code and related regulations, includes investment income. The organization has been classified as not a private foundation. The organization analyzes its income tax filing positions in the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions, to identify potential uncertain tax positions. The organization treats interest and penalties attributable to income taxes, and reflects any charges for such, to the extent they arise, as a component of its management and general expenses. The organization has evaluated its income tax filing positions for fiscal years 2015 through 2018, the years which remain subject to examination as of march 31, 2018. The organization concluded that there are no significant uncertain tax positions requiring recognition in the organization's consolidated financial statements. The organization does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utbs at march 31, 2018 and 2017, and is not aware of any claims for such amounts by federal or state income tax authorities.”

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CMF AND ITS SUPPORTING ORGANIZATIONS, MCFV, CMFSO AND LTG, ARE NOT-FOR-PROFIT ORGANIZATIONS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE ALSO EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE ORGANIZATION WAS GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." SUCH INCOME, PURSUANT TO THE INTERNAL REVENUE CODE AND RELATED REGULATIONS, INCLUDES INVESTMENT INCOME. THE ORGANIZATION HAS BEEN CLASSIFIED AS NOT A PRIVATE FOUNDATION. THE ORGANIZATION ANALYZES ITS INCOME TAX FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AS WELL AS ALL OPEN TAX YEARS IN THESE JURISDICTIONS, TO IDENTIFY POTENTIAL UNCERTAIN TAX POSITIONS. THE ORGANIZATION TREATS INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, AND REFLECTS ANY CHARGES FOR SUCH, TO THE EXTENT THEY ARISE, AS A COMPONENT OF ITS MANAGEMENT AND GENERAL EXPENSES. THE ORGANIZATION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2015 THROUGH 2018, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF MARCH 31, 2018. THE ORGANIZATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT MARCH 31, 2018 AND 2017, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt070677
IRS990ScheduleD/TotalExpensesPerForm990Amt054532
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt00
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt054532
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0238494
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt050491
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02554
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT COLLIER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0291539
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COUNCIL OF MICHIGAN FOUNDATIONS IS THE SOLE MEMBER OF MICHIGAN COMMUNITY FOUNDATIONS VENTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COUNCIL OF MICHIGAN FOUNDATIONS' BOARD APPROVES THE APPOINTMENTS TO THE MCFV BOARD. ANY SIGNIFICANT CHANGES IN THE BYLAWS OR OTHER GOVERNANCE AREAS WOULD BE APPROVED BY THE CMF BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE BYLAWS OR GOVERNING DOCUMENTS OF MCFV WOULD BE APPROVED BY THE CMF BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 ALONG WITH A MEMO HIGHLIGHTING KEY INFORMATION IN THE RETURN WAS SENT TO ALL TRUSTEES PRIOR TO FILING. TRUSTEES WERE INSTRUCTED TO CONTACT CMF'S CFO IF THEY HAD QUESTIONS OR COMMENTS REGARDING THE INFORMATION PROVIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUALLY TRUSTEES & KEY EMPLOYEES ARE REQUIRED TO COMPLETE THE CONFLICT OF INTEREST FORM. MANAGEMENT REVIEWS RESPONSES AND WOULD CONTACT LEGAL COUNSEL IF A CONFLICT WERE NOTED TO DETERMINE THE APPROPRIATE PLAN OF ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN 2015 THE COUNCIL OF MICHIGAN FOUNDATION'S COMPENSATION COMMITTEE HIRED MERCER TO CONDUCT A COMPENSATION REVIEW OF ALL SUPERVISORY STAFF INCLUDING THE PRESIDENT OF CMF, WHO IS ALSO THE PRESIDENT OF MCFV. GIVEN THE RATE OF INFLATIONS THE LAST FEW YEARS THE COMMITTEE FELT THE LATEST SURVEY IS STILL RELEVENT, TAKING IN TO ACCOUNT INFLATION INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MCFV'S GOVERNING DOCUMENTS, POLICIES, AUDIT REPORT, FORM 990 & 1023 ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COUNCIL OF MICHIGAN FOUNDATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0386263347
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO GROW THE IMPACT OF MICHIGAN PHILANTHROPY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01 S HARBOR SUITE 8
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0GRAND HAVEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049417
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt029328
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt125204
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ESTIMATE OF TIME
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL INVOICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0COUNCIL OF MICHIGAN FOUNDATIONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1COUNCIL OF MICHIGAN FOUNDATIONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt021049
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt021049
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0125209
IRS990/TotalAssetsEOYAmt070677
IRS990/TotalAssetsGrp/BOYAmt0125209
IRS990/TotalAssetsGrp/EOYAmt070677
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06867
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt047665
IRS990/TotalFunctionalExpensesGrp/TotalAmt054532
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0125209
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt070677
IRS990/TotalOtherCompensationAmt050491
IRS990/TotalProgramServiceExpensesAmt047665
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0125209
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt070677
IRS990/TotReportableCompRltdOrgAmt0241048
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0104160
IRS990/UnrestrictedNetAssetsGrp/EOYAmt049628
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE SOUTH HARBOR DR NO 8
IRS990/USAddress/CityNm0GRAND HAVEN
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049417
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT S COLLIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06168427080
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHIGAN COMMUNITY FOUNDATION VENTURES
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0383160228
ReturnHeader/Filer/PhoneNum06168427080
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE SOUTH HARBOR DR NO 8
ReturnHeader/Filer/USAddress/CityNm0GRAND HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,677
Liabilities
$0
Net assets
$70,677
Revenue
$0
Expenses
$54,532
Net income
-$54,532
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.07$0.78$0.71
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.00$0.55$0.55
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.00$0.40$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.09$0.78$0.70
2015Summary only. Only limited summary data is available for this year.$2.35$0.00$2.35$0.24$0.78$0.54
2014Summary only. Only limited summary data is available for this year.$2.89$0.00$2.89$0.60$1.33$0.74
2013Summary only. Only limited summary data is available for this year.$3.63$0.00$3.63$0.26$0.69$0.43
2012Summary only. Only limited summary data is available for this year.$4.06$0.00$4.06$0.27$6.29$6.03