2026-05-01T08:21:55-05:00 2025-12-31 351307701 KRUGGEL LAWTON & COMPANY LLC 526 UPTON DRIVE ST JOSEPH MI 49085 990 2025-01-01 464405437 HARBOR SHORES PUBLIC ASSET FUND INC HARB 2699256100 80 W MAIN ST BENTON HARBOR MI 49022 CHRISTOPHER J COOK TREASURER 2699256100 2026-04-30 1 ROBERT ALEX SCHAEFFER P01439018 2699830131 2026-04-30 2025 2025-03-06 01:10:19Z X CHRISTOPHER J COOK 80 W MAIN ST BENTON HARBOR MI 49022 12963487 0 X N/A X 2013 MI HARBOR SHORES PUBLIC ASSET FUND, INC. IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITIES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY. 5 5 100 50 0 0 5320891 7293161 2954301 3156832 130967 201832 60661 41232 8466820 10693057 2320000 2316489 0 0 1663680 1789983 0 0 0 3445817 3140950 7429497 7247422 1037323 3445635 26671890 30761667 1143175 1787317 25528715 28974350 X HARBOR SHORES PUBLIC ASSET FUND, INC IS ENGAGED IN THE DEVELOPMENT AND IMPLEMENTATION OF ECONOMIC GROWTH IN PARTNERSHIP WITH LOCAL COMMUNITITES AND MUNICIPALITIES. IT OPERATES AS A SUPPORTING ORGANIZATION TO CORNERSTONE ALLIANCE, A PUBLIC CHARITY. 0 0 3605922 3850925 SEE SCHEDULE O 2847067 2316489 WHIRLPOOL CORPORATION COMMUNITY CHARITY GOLF EVENT: THE WHIRLPOOL COMMUNITY CHARITY GOLF EVENT (WCCGE) IS CONDUCTED EACH SUMMER. OVER THE PAST 20 YEARS, THE WCCGE HAS RAISED OVER $30 MILLION TO SUPPORT AREA YOUTH IN THE COMMUNITY. THE FUNDRAISING FROM THE WCCGE HAS ENABLED THE EXPANSION AND GROWTH OF LOCAL ORGANIZATIONS, AND THE MONEY RAISED HELPS AROUND 10,000 YOUTH A YEAR. THESE ORGANIZATIONS INCLUDE THE BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN, FIRST TEE OF BENTON HARBOR AND THE LOCAL PUBLIC SCHOOL FOUNDATIONS OF BENTON HARBOR, LAKESHORE AND ST. JOSEPH AS WELL AS OTHER YOUTH PROGRAMS AND ORGANIZATIONS. 80581 MICHIGAN'S GREAT SOUTHWEST STRATEGIC LEADERSHIP COUNCIL: THE ROLE OF THE COUNCIL IS TO BRING LEADERS FROM BUSINESS, GOVERNMENT, NONPROFIT, AND EDUCATION TOGETHER TO WORK COLLABORATIVELY TO ACHIEVE THE MISSION OF THE COUNCIL. LEADERS ARE BASED LOCALLY IN BERRIEN COUNTY, MI AND ARE ALL VOLUNTEER PARTICIPANTS. 6533570 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 28 0 1 100 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 MI X THE ORGANIZATION 2699256100 80 W MAIN STREET BENTON HARBOR MI 49022 JEFF FETTIG DIRECTOR 1.00 X 0 0 0 PAM KLYN DIRECTOR 1.00 X 0 0 0 MIKE TODMAN DIRECTOR 1.00 X 0 0 0 SAM ABDELNOUR DIRECTOR 1.00 X 0 0 0 JOHN CAMERON JR DIRECTOR 1.00 X 0 0 0 JOSH DOXTATOR GENERAL MANAGER 40.00 X 222243 0 18000 CHRIS COOK TREASURER 40.00 X 247714 0 26000 469957 0 44000 2 0 1 0 0 3914732 3378429 7293161 PUBLIC GOLF COURSE 713910 3156832 3156832 3156832 137337 137337 16101 0 16101 16101 16101 294075 229580 64495 64495 64495 825694 3914732 1430161 -604467 -604467 1224147 610689 613458 613458 713910 16140 16140 16140 10693057 3850925 0 -451029 2316489 2316489 469957 469957 1159809 823464 336345 11088 7872 3216 149129 105882 43247 60480 28426 32054 20100 9447 10653 19139 8995 10144 103903 93513 10390 793550 777679 15871 12366 11129 1237 4944 4450 494 324229 324229 153247 137922 15325 WHIRLPOOL PROJECTS 808509 727658 80851 MISCELLANEOUS 316769 285092 31677 REPAIRS AND MAINTENANCE 267146 240431 26715 CONTRACT SERVICES 162734 76485 86249 93834 84450 9384 7247422 6533570 713852 0 3913743 4468121 330267 379117 295730 263047 38280 127353 31388660 6907860 21469159 24480800 624711 1043229 26671890 30761667 152899 373034 334947 386830 655329 1027453 1143175 1787317 X 25221478 28575738 307237 398612 25528715 28974350 26671890 30761667 3445635 0 X X 0 1 X 1 0 X X X 1 CORNERSTONE ALLIANCE 382772476 7 1 0 0 1 0 0 3376321 4517394 4490734 5320888 7293161 24998498 3376321 4517394 4490734 5320888 7293161 24998498 3412406 21586092 28523 71824 130967 137337 368651 25367149 19391740 0.85090 0.91040 X 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 18832187 18832187 5674449 3121760 2552689 5869942 3229310 2640632 1012082 556790 455292 24480800 LEASE LIABILITY 1027453 1027453 X 12733907 0 12733907 -2040850 -2040850 10693057 9288272 2040850 2040850 7247422 0 7247422 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CORPORATION UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. IT IS ORGANIZED TO PROVIDE A VARIETY OF SERVICES TO RESIDENTS IN BERRIEN, CASS, AND VAN BUREN COUNTIES AND REVENUES ARE GENERATED THROUGH A VARIETY OF STATE AND LOCAL GRANT PROGRAMS. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA ("GAAP") 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. NO SUCH TAX LIABILITY HAS BEEN RECOGNIZED. HSGC IS A DISREGARDED ENTITY FOR TAX PURPOSES AND IS INCLUDED WITH THE TAX-EXEMPT ORGANIZATION. AS OF THE YEAR END, THERE ARE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE FOUR YEARS BEFORE THE CURRENT YEAR END. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -610,689. FUNDRAISING EVENT EXPENSES -1,430,161. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF GOODS SOLD 610,689. FUNDRAISING EVENT EXPENSES 1,430,161. GOLF OUTING 4740426 3914732 825694 817541 233702 286072 92846 4740426 3914732 825694 817541 233702 286072 92846 1430161 -604467 1 BENTON HARBOR EDUCATION FOUNDATION 1328 ST JOSEPH CIRCLE ST JOSEPH MI 49085 823690593 501(C)(3) 350000 0 GENERAL SUPPORT BOYS & GIRLS CLUBS OF BENTON HARBOR 600 NATE WELLS SR DR BENTON HARBOR MI 49022 383461586 501(C)(3) 1000000 0 GENERAL SUPPORT FIRST TEE OF BENTON HARBOR INC 201 GRAHAM AVE BENTON HARBOR MI 49022 204206065 501(C)(3) 250000 0 GENERAL SUPPORT LAKESHORE EXCELLENCE FOUNDATION 5771 CLEVELAND AVE STEVENSVILLE MI 49127 383402730 501(C)(3) 350000 0 GENERAL SUPPORT ST JOSEPH PUBLIC SCHOOLS FOUNDATION 2580 S CLEVELAND AVE ST JOSEPH MI 49085 383296523 501(C)(3) 350000 0 GENERAL SUPPORT X X 0 0 0 0 0 0 0 0 0 CHRIS COOK TREASURER 247714 0 0 0 0 0 0 0 26000 0 273714 0 0 0 JOSH DOXTATOR GENERAL MANAGER 222243 0 0 0 0 0 0 0 18000 0 240243 0 0 0 NAME CHANGE DURING THE YEAR, THE ORGANIZATION LEGALLY CHANGED ITS NAME FROM CORNERSTONE PUBLIC ASSET FUND, INC. TO HARBOR SHORES PUBLIC ASSET FUND, INC. THE NAME CHANGE WAS FILED WITH THE STATE OF MICHIGAN BEFORE YEAR ENDED 12/31/25 AND SUBMITTED TO THE IRS. AN UPDATED IRS DETERMINATION LETTER REFLECTING THE NAME CHANGE IS PENDING FORM 990, PART III, LINE 4A: OPERATION OF A PUBLIC GOLF COURSE: HARBOR SHORES PUBLIC ASSET FUND, INC. ("HSPAF") IS ORGANIZED AND OPERATED TO PROVIDE PUBLIC RECREATIONAL FACILITIES FOR THE BENEFIT OF THE COMMUNITY OF BENTON HARBOR, MICHIGAN. DURING THE FISCAL YEAR ENDED, AS PART OF ITS MISSION TO RESTORE A BLIGHTED AREA OF THE COMMUNITY AND ENHANCE COMMUNITY ACCESS TO THIS AREA, HSPAF OWNED AND OPERATED A PUBLIC GOLF COURSE AND PUBLIC PARK AREA THAT IS OPEN TO THE COMMUNITY. THE GOLF COURSE IS PARTIALLY LOCATED WITHIN THE CITY OF BENTON HARBOR'S JEAN KLOCK PARK. THE CITY, THROUGH THE OVERSIGHT COMMITTEE THAT IT CONTROLS, REVIEWS AND APPROVES THE OPERATIONS OF THE ENTIRE GOLF COURSE, INCLUDING THE FEES TO BE CHARGED TO THE PUBLIC. THIS ENSURES THAT THE FACILITIES ARE AVAILABLE TO THE COMMUNITY AT LARGE FOR THEIR RECREATIONAL ENJOYMENT. IN ADDITION, HSPAF PROVIDES THE FOLLOWING BENEFITS TO THE COMMUNITY: 1. PROVIDED DAYS OF USE TO THE LOCAL FIRST TEE GOLF PROGRAM FOR UNDERPRIVILEGED YOUTH, AT NO CHARGE. 2. PROVIDED DAYS OF USE TO LOCAL PUBLIC HIGH SCHOOLS FOR PRACTICE ROUNDS AND MATCHES, AT NO CHARGE. 3. PROVIDED UNLIMITED PASSES TO RESIDENTS OF THE CITY OF BENTON HARBOR AT SIGNIFICANTLY REDUCED COST. 4. PROVIDED FREE USE OF THE PROPER TO AREA RESIDENTS FOR WINTER ACTIVITIES WHEN CONDITIONS ALLOW FOR ACCESS TO THE COURSE WITHOUT THE RISK OF DAMAGE IN ADDITION, ALMOST HALF OF THE PERSONS EMPLOYED IN THE ONGOING OPERATION AND MAINTENANCE OF THE GOLF COURSE AND PARK ARE BENTON HARBOR RESIDENTS. MAINTAINING THIS LEVEL OF LOCAL RESIDENT EMPLOYMENT HAS AIDED IN LOWERING THE CITY'S SIGNIFICANTLY HIGH UNEMPLOYMENT RATE. MAINTENANCE AND IMPROVEMENT OF JEAN KLOCK PARK: PRIOR TO INVOLVEMENT BY HSPAF, JEAN KLOCK PARK HAD FALLEN INTO CONSIDERABLE DESPAIR. AS PART OF THE GOLF COURSE CONSTRUCTION PROCESS, HSPAF MITIGATED CONTAMINATION, REMOVED TONS OF DEBRIS, AND RETURNED THE PARK TO A USEABLE STATE. EACH YEAR, HSPAF PROVIDES ONGOING MAINTENANCE AND IMPROVEMENTS TO THE PARK PROPERTY. DURING THE FISCAL YEAR ENDED, HSPAF SPENT APPROXIMATELY $130,000 ON THESE ACTIVITIES, INCLUDING MOWING, LANDSCAPING, CREATION AND MAINTENANCE OF WALKING TRAILS, CLEANING, AND MAINTENANCE OF WATERFRONT AREAS, ETC. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S TWO MEMBERS ARE WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE. FORM 990, PART VI, SECTION A, LINE 7A WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE HAVE THE RIGHT TO APPOINT DIRECTORS OF THE BOARD. WHIRLPOOL FOUNDATION APPOINTS TWO REPRESENTATIVES TO THE BOARD AND CORNERSTONE ALLIANCE APPOINTS FOUR REPRESENTATIVES TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE CORNERSTONE PUBLIC ASSET FUND GOLF OPERATION ARE OVERSEEN BY AN OVERSIGHT COMMITTEE THAT IS CONTROLLED BY THE CITY OF BENTON HARBOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE SECRETARY OF THE BOARD PRIOR TO FILING. THE FULL BOARD WILL NOT RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION'S TWO MEMBERS ARE WHIRLPOOL FOUNDATION AND CORNERSTONE ALLIANCE. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE TREASURER AND MANAGEMENT PRIOR TO FILING. THE FULL BOARD WILL NOT RECEIVE A COPY OF THE FORM 990 PRIOR TO FILING THE RETURN. FORM 990, PART VI SECTION B, LINE 13: THE ORGANIZATION DOES NOT HAVE A FROMAL WHISTLEBLOWER POLICY IN PLACE BUT IS SUBJECT TO THE WHISTLEBLOWER POLICY OF HABOR SHORES COMMUNITY REDEVELOPMENT, INC., A RELATED ENTITY. FORM 990, PART VI SECTION B, LINE 14: THE ORGANIZATION DOES NOT HAVE A FORMAL WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY IN PLACE BUT IS SUBJECT TO THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY OF HARBOR SHORES COMMUNITY REDEVELOPMENT, INC., A RELATED ENTITY. FORM 990, PART VI SECTION C, LINE 19: GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE FOR PUBLIC INSPECTION. FINANCIAL STATEMENTS ARE SUMMARIZED IN AN ANNUAL REPORT WHICH IS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN PROCESS FORM PRIOR YEAR. HARBOR SHORES GOLF COURSE LLC 201 GRAHAM AVENUE BENTON HARBOR MI 49022 205846412 CATALYST FOR ECONOMIC DEVELOPMENT MI 8541557 27585618 HARBOR SHORES PUBLIC ASSET FUND INC SOUTHWEST MICHIGAN YOUTH COLLECTIVE IMPACT FUND 80 W MAIN STREET BENTON HARBOR MI 49022 464405437 SERVING YOUTH BASED ORGANIZATION AND FUNDRAISING EVENTS. MI 4843841 3176049 HARBOR SHORES PUBLIC ASSET FUND INC CORNERSTONE ALLIANCE 80 W MAIN ST BENTON HARBOR MI 49022 382774276 DEVELOPMENT OF ECONOMIC GROWTH IN THE CITY OF BENTON HARBOR MI 501(C)(3) LINE 7 N/A 0 RENAISSANCE DEVELOPMENT FUND 80 W MAIN ST BENTON HARBOR MI 49022 383367429 DEVELOPING ECONOMIC ACTIVITIES TO SUPPORT CORNERSTONE ALLIANCE MI 501(C)(3) LINE 12A, I CORNERSTONE ALLIANCE 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0