2024-11-15T10:50:33-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2023-01-01 411933056 THE JEWISH COMMUNITY BUILDING CORPORATION JEWI 9525932600 4330 CEDAR LAKE ROAD MINNEAPOLIS MN 55416 MARTIN K LIPSHUTZ CFO 9525932600 2024-11-13 1 1 KAREN A GRIES P00078514 6128764500 2024-11-13 2023 2024-10-15 13:58:12Z DAN LIEBERMAN 4330 CEDAR LAKE ROAD MINNEAPOLIS MN 55416 4433072 0 X WWW.JEWISHMINNEAPOLIS.ORG X 1999 MN HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION. 5 5 0 7 0 0 327253 2611192 0 0 699 2794 85210 -848756 413162 1765230 0 0 0 0 0 0 0 0 0 0 0 0 0 413162 1765230 13330202 14794336 4883800 4582704 8446402 10211632 THE JEWISH COMMUNITY BUILDING CORPORATION IS ORGANIZED FOR THE PURPOSE OF HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION. 0 0 2667842 THE JEWISH COMMUNITY BUILDING CORPORATION IS ORGANIZED FOR THE PURPOSE OF HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION. 2667842 0 0 0 0 0 0 0 0 0 1 0 0 0 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARTIN LIPSHUTZ 9524172317 4330 CEDAR LAKE ROAD MINNEAPOLIS MN 55416 DAN LIEBERMAN CHAIR 0.50 1.00 X X 0 0 0 BRAD BIRNBERG DIRECTOR 0.50 2.00 X 0 0 0 DAVID SEGAL DIRECTOR 0.50 1.00 X 0 0 0 MARK APPLEBAUM DIRECTOR 0.50 1.00 X 0 0 0 STEVE LEVENTHAL DIRECTOR 0.50 0.00 X 0 0 0 JAMES A COHEN CHIEF EXECUTIVE OFFICER 1.00 40.00 X 0 367170 38377 MARTIN LIPSHUTZ CFO 0.50 20.00 X 0 186170 4306 SHAI AVNY COO 1.00 40.00 X 0 33592 9111 0 586932 51794 0 0 1 0 UNIVERSAL CLEANING 12372 RIVER RIDGE BLVD BURNSVILLE MN 55337 MAINTENANCE 338584 MAINTENANCE TEAM 10250 VALLEY VIEW ROAD STE 133 EDEN PRAIRIE MN 55344 MAINTENANCE 312803 UNIVERSAL PROTECTION DBA ALLIED UNIVERSA 2001 KILLEBREW DR 335 BLOOMINGTON MN 55425 SECURITY 145063 SUMMIT GROUNDS MANAGEMENT 14751 126TH AVE N DAYTON MN 55327 LANDSCAPING / SNOW REMOVAL 102852 4 2611192 2611192 2794 2794 1819086 2667842 -848756 -848756 -848756 1765230 -848756 0 2794 0 0 0 0 156815 4778 23705312 9182262 12818914 14523050 354473 266508 13330202 14794336 1270 0 4882530 4582704 4883800 4582704 X 8185107 9986632 261295 225000 8446402 10211632 13330202 14794336 1765230 0 X 0 1 X 1 0 3922526 3922526 19525558 9182262 10343296 257228 257228 14523050 SECURITY DEPOSIT LIABILITY 13925 LEASES AT BELOW-MARKET RATES 4568779 4582704 X PART X, LINE 2: THE ORGANIZATION HAS ADOPTED A POLICY THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE POLICY DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022, RESPECTIVELY. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. 0 0 0 JAMES A COHEN CHIEF EXECUTIVE OFFICER 0 301547 0 64420 0 1203 0 6266 0 32111 0 405547 0 0 MARTIN LIPSHUTZ CFO 0 185065 0 0 0 1105 0 3713 0 593 0 190476 0 0 PART I, LINE 3 THE ORGANIZATION RELIED ON MINNEAPOLIS JEWISH FEDERATION, A RELATED ORGANIZATION, TO DETERMINE THE OFFICERS' COMPENSATION. THE FOLLOWING WERE USED BY MINNEAPOLIS JEWISH FEDERATION TO ESTABLISH THE COMPENSATION: 1. FINANCE COMMITTEE 2. WRITTEN EMPLOYMENT CONTRACT 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR FINANCE COMMITTEE PLEASE SEE SCHEDULE O, STATEMENT FOR FORM 990, PART VI, SECTION B, LINES 15A AND 15B FOR SUPPLEMENTARY INFORMATION ON COMPENSATION POLICIES. FORM 990, PART VI, SECTION A, LINE 2 DAVID SEGAL, MARK APPLEBAUM, BRAD BIRNBERG AND DAN LIEBERMAN ALSO SERVE ON THE BOARD OF MINNEAPOLIS JEWISH FEDERATION. JAMES COHEN AND MARTIN LIPSHUTZ ALSO SERVE AS OFFICERS OF MINNEAPOLIS JEWISH FEDERATION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE JEWISH COMMUNITY BUILDING COPORATION IS MINNEAPOLIS JEWISH FEDERATION. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BY THE PRESIDENT OF MINNEAPOLIS JEWISH FEDERATION, THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING MATTERS REQUIRE THE APPROVAL OF MINNEAPOLIS JEWISH FEDERATION, THE SOLE MEMBER: 1. AMENDMENT OF THE ARTICLES OF INCORPORATION OR ANY ADOPTION, AMENDMENT, OR REPEAL OF THE BYLAWS; 2. ADMISSION OF NEW MEMBERS OF THE CORPORATION; 3. MERGERS INVOLVING THE CORPORATION; 4. SALE OF ALL OR SUBSTANTIALLY ALL ASSETS OF THE CORPORATION; AND 5. DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S MANAGER OF FINANCIAL REPORTING AND ACCOUNTING AND ITS CHIEF FINANCIAL OFFICER. IT IS THEN REVIEWED AND APPROVED BY THE JEWISH COMMUNITY BUILDING CORPORATION BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE JEWISH COMMUNITY BUILDING CORPORATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF MINNEAPOLIS JEWISH FEDERATION, ITS SOLE MEMBER. THE FEDERATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS AND REQUIRES INDIVIDUALS TO FULLY DISCLOSE THE SPECIFIC NATURE OF ANY INTEREST OR INVOLVEMENT THAT MAY RESULT IN A CONFLICT. UNLESS OTHERWISE APPROVED BY THE BOARD, AN INDIVIDUAL WITH A CONFLICT IS REQUIRED TO REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE TRANSACTION. BOARD MEMBERS ARE REQUESTED TO COMPLETE AN ANNUAL DISCLOSURE FORM WHICH IS REVIEWED BY THE PRESIDENT AND DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS SET BY WRITTEN AGREEMENT AND REVIEWED PERIODICALLY BY THE PERSONNEL AND COMPENSATION COMMITTEE OF MINNEAPOLIS JEWISH FEDERATION, WHICH CONSIST OF THREE (3) OR MORE INDEPENDENT BOARD MEMBERS. THE COMMITTEE'S PROCESS TO EVALUATE THE COMPENSATION OF THE CEO TAKES INTO ACCOUNT (AMONG OTHER MATTERS) THE COMPENSATION DATA PUBLISHED LOCALLY FOR THE TOP 100 NON-PROFIT ORGANIZATIONS, COMPENSATION DATA FOR SIMILAR SIZED JEWISH FEDERATIONS IN OTHER COMMUNITIES, AND CURRENT ECONOMIC CONDITIONS. THIS PROCESS WAS LAST DONE IN 2024. FORM 990, PART VI, SECTION B, LINE 15B: COMPENSATION FOR OTHER OFFICERS IS SET BY THE CHIEF EXECUTIVE OFFICER AND IS REVIEWED WITH THE PRESIDENT, AN INDEPENDENT BOARD MEMBER. COMPENSATION IS BENCHMARKED PERIODICALLY AGAINST COMPENSATION DATA FOR SIMILAR SIZED JEWISH FEDERATIONS IN OTHER COMMUNITIES. THIS PROCESS WAS LAST DONE IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT AND AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE SOLE MEMBER, MINNEAPOLIS JEWISH FEDERATION, IS AVAILABLE ON THE FEDERATION'S WEBSITE. FORM 990, PART VIII, LINE 6B: RENTAL EXPENSES ARE COMPRISED OF THE FOLLOWING: DIRECT RENTAL EXPENSES - $ 2,572,091.00 CONTRIBUTION FOR LEASES AT BELOW-MARKET RATES - $95,751.00 MINNEAPOLIS JEWISH FEDERATION 4330 CEDAR LAKE ROAD MINNEAPOLIS MN 55416 410693866 SOCIAL SERVICES FOR THE JEWISH COMMUNITY MN 501(C)(3) LINE 7 N/A 0 KELEN FAMILY FOUNDATION 4900 IDS TOWER 80 SOUTH 8TH STREET MINNEAPOLIS MN 55402 411854293 SUPPORT MINNEAPOLIS JEWISH FEDERATION MN 501(C)(3) LINE 12A, I MINNEAPOLIS JEWISH FEDERATION 0 EFFRESS-MILLER FAMILY FOUNDATION 8545 AVENIDA DE LAS ONDAS LA JOLLA CA 92037 411781993 SUPPORT MINNEAPOLIS JEWISH FEDERATION MN 501(C)(3) LINE 12A, I MINNEAPOLIS JEWISH FEDERATION 0 THE JUDITH AND MICHAEL BERMAN FOUNDATION 4330 CEDAR LAKE ROAD MINNEAPOLIS MN 55416 260181739 SUPPORT MINNEAPOLIS JEWISH FEDERATION MN 501(C)(3) LINE 12A, I MINNEAPOLIS JEWISH FEDERATION 0 OREN AND SHARON STEINFELDT FOUNDATION 240 BRIDLE LANE HOPKINS MN 55305 134228266 SUPPORT MINNEAPOLIS JEWISH FEDERATION MN 501(C)(3) LINE 12A, I MINNEAPOLIS JEWISH FEDERATION 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0