2025-11-17T15:09:25-06:00 2024-12-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE SUITE 4200 INDIANAPOLIS IN 46204 990 2024-01-01 823863542 SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES SOUT 3139616675 333 WEST FORT STREET 2010 DETROIT MI 48226 NICOLE SHERARD-FREEMAN PRESIDENT/CEO 3139616675 2025-11-17 1 1 SHAWNA M JANSON P01222873 3174648600 2024 2025-03-06 01:10:19Z X NICOLE SHERARD-FREEMAN 333 WEST FORT STREET 2010 DETROIT MI 48226 7713230 0 X N/A X 2017 MI TO SUPPORT COMPLETION OF CONSTRUCTION OF PUBLIC SPACES ALONG DETROIT'S RIVERFRONT. 7 5 0 5 0 0 0 7700000 0 0 0 13230 0 0 0 7713230 0 0 0 0 0 0 0 0 0 0 142315 0 142315 0 7570915 0 11654476 0 4083561 0 7570915 X SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES SUPPORTS THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN (CFSEM) BY SUPPORTING ORGANIZATIONS WHOSE WORK FURTHERS CFSEM'S MISSION. THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN'S MISSION IS TO BUILD THE RESOURCES, RELATIONSHIPS AND EXPERTISE REQUIRED TO EXPAND EQUITABLE ACCESS TO OPPORTUNITIES ACROSS SOUTHEAST MICHIGAN TO MAKE IT A DESIRABLE PLACE TO LIVE, WORK AND PLAY FOR ALL RESIDENTS, TODAY AND TOMORROW. 1 0 0 0 0 RENAMED IN 2024, THE SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES WILL SUPPORT COMPLETION OF CONSTRUCTION OF PUBLIC SPACES ALONG DETROIT'S RIVERFRONT, SPECIFICALLY TO SUPPORT THE ONGOING CONSTRUCTION OF THE RALPH C. WILSON JR. CENTENNIAL PARK. THE ORGANIZATION RECEIVED $7.7M IN GRANTS IN AUGUST 2024 IN SUPPORT OF THAT PURPOSE. 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 1 0 0 1 0 1 0 0 0 1 1 1 1 0 1 0 0 0 MI X LINDA LUTZ 3139440494 333 WEST FORT STREET SUITE 2010 DETROIT MI 482263134 RICHARD L DEVORE TREAS. (START 9/24)/ PRESIDENT 0.50 43.00 X X 0 654744 64903 NICOLE SHERARD-FREEMAN DIRECTOR (START 7/24) 0.50 40.50 X 0 412982 3054 DAVID T PROVOST CHAIR (START 10/24) 0.50 2.00 X X 0 0 0 DALE L WATCHOWSKI DIRECTOR (START 7/24) 0.50 0.50 X 0 0 0 DAVID MASSARON DIRECTOR (START 9/24) 0.50 0.00 X 0 0 0 JAMES TIGHE DIRECTOR (START 9/24) 0.50 0.00 X 0 0 0 MARY H WEISER DIRECTOR (END 10/24) 0.50 1.50 X 0 0 0 PHILLIP WM FISHER DIRECTOR (START 11/24) 0.50 0.50 X 0 0 0 MATTHEW J LEWIS SECRETARY (START 9/24) 0.50 40.00 X 0 153690 33194 0 1221416 101151 0 0 1 0 PLANTE MORAN REALPOINT LLC 3000 TOWN CENTER STE 100 SOUTHFIELD MI 48075 CONSULTING 106361 1 7700000 7700000 13230 13230 7713230 0 0 13230 X 35656 35656 106361 106361 298 298 142315 0 142315 0 0 360 0 70085 0 11584031 0 11654476 0 10913 0 4072648 0 4083561 X 0 7570915 0 7570915 0 11654476 7570915 0 X 0 1 X 0 0 X X X 1 COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN 382530980 8 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RECOVERABLE GRANT 11584031 11584031 DUE TO AFFILIATES 4072648 4072648 X PART X, LINE 2: THE FOUNDATION HAS EVALUATED FAS ASC 740, INCOME TAXES, AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 RICHARD L DEVORE TREAS. (START 9/24)/ PRESIDENT 0 644934 0 0 0 9810 0 34500 0 30403 0 719647 0 0 NICOLE SHERARD-FREEMAN DIRECTOR (START 7/24) 0 405779 0 0 0 7203 0 0 0 3054 0 416036 0 0 MATTHEW J LEWIS SECRETARY (START 9/24) 0 153420 0 0 0 270 0 15536 0 17658 0 186884 0 0 FORM 990, PART III, LINE 2 STARTING IN SEPTEMBER OF 2024, SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES WILL SUPPORT THE COMPLETION OF CONSTRUCTING OF PUBLIC SPACES ALONG DETROIT'S RIVERFRONT, SPECIFICALLY TO SUPPORT THE ONGOING CONSTRUCTION OF THE RALPH C. WILSON JR. CENTENNIAL PARK. FORM 990, PART VI, SECTION A, LINE 2 SOME OFFICERS MAY HAVE A BUSINESS RELATIONSHIP WITH OTHER OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES BY VIRTUE OF THEIR EMPLOYMENT BY THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN AND ITS RELATED ENTITIES. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE OCTOBER 21, 2024, SOUTHEAST MICHIGAN OPPORTUNITY FOUNDATION 4 AMENDED ITS ARTICLES OF INCORPORATION. THE SIGNIFICANT CHANGES ARE AS FOLLOWS: -ARTICLE I CHANGED ORGANIZATION'S NAME TO SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES. -ARTICLE VI DECREASED THE MAXIMUM NUMBER OF DIRECTORS FROM THIRTEEN (13) TO A MAXIMUM OF SEVEN (7) DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRUSTEES OF THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN APPOINTS THE DIRECTORS OF SOUTHEAST MICHIGAN FOR PUBLIC SPACES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT IRS FORM 990 WAS DISTRIBUTED ELECTRONICALLY TO ALL DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. THE DRAFT FORM 990 WAS PREPARED BY PROFESSIONAL TAX PREPARERS PRIOR TO THE DIRECTORS' REVIEW. ANY NECESSARY CHANGES WERE UPDATED ON THE FORM 990. ONCE ALL NECESSARY CHANGES WERE MADE, IT WAS SIGNED BY THE PRESIDENT, DATED AND SUBMITTED BY THE EXTENDED FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WAS PROVIDED TO ALL DIRECTORS BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR HAS SIGNED A STATEMENT THAT AFFIRMS THAT SUCH PERSON; 1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, 2) HAS READ AND UNDERSTANDS THE POLICY, 3) HAS AGREED TO COMPLY WITH THE POLICY, 4) UNDERSTANDS THAT THE SOUTHEAST MICHIGAN FOUNDATION FOR PUBLIC SPACES IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX-EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR RICHARD L. DEVORE, PRESIDENT OF THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, IS SET BY THE RELATED ORGANIZATION. THE FOLLOWING STEPS ARE TAKEN AT THE RELATED ORGANIZATION. THE INDIVIDUAL PROVIDES THE CHAIR AND EXECUTIVE COMMITTEE OF THE COMMUNITY FOUNDATION WITH A SUMMARY OF ANNUAL ACCOMPLISHMENTS. THE CHAIR DISCUSSES THE SUMMARY WITH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE FOUNDATION PRESIDENT AFTER REVIEWING COMPARABLE COMPENSATION INFORMATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY SIMILAR POSITIONS FROM SIMILARLY SITUATED ORGANIZATIONS WITH PERIODIC REVIEW BY INDEPENDENT FIRMS AND SUCH DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED AS REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ALSO THE COMBINED STATEMENTS APPEAR ON THE WEBSITE AND IN THE ANNUAL YEARBOOK OF CFSEM. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 106,361. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,361. FORM 990, PART XII, LINE 2A-2C AN AUDIT WAS CONDUCTED ON THE DECEMBER 31, 2024 COMBINED FINANCIAL STATEMENTS OF THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN AND ITS SUPPORTING ORGANIZATIONS, INCLUDING SOUTHEAST MICHIGAN OPPORTUNITY TRUST. THE FINANCIAL STATEMENTS WERE PREPARED, AND THE AUDIT WAS CONDUCTED IN ACCORDANCE WITH U.S. GAAP. AN UNMODIFIED OPINION WAS ISSUED BY THE AUDITOR. OVERSIGHT WAS PROVIDED BY THE CFSEM AUDIT COMMITTEE. COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN 333 WEST FORT STREET SUITE 2010 DETROIT MI 48226 382530980 CHARITABLE MI 501(C)(3) LINE 8 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN E 4072648 FMV