2019-11-07T10:04:14-06:00 2018-12-31 464133700 LM COHEN & CO LLP 535 FIFTH AVENUE 12TH FL NEW YORK NY 10017 990 2018-01-01 270728655 SEPHARDIC COMMUNITY ALLIANCE SEPH 7182529840 150 BROADWAY ROOM 800 NEW YORK NY 10038 HYMIE SHAMAH TREASURER 7182529840 2019-11-07 1 WILLIAM MINOFF CPA P00437695 2129672300 2019-11-06 104.225.245.162 2019-11-07 09:44:04 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6870C4B67C1B3F9A53625D2B689879FF47027D0A 2018 2020-03-31 21:24:44Z HYMIE SHAMAH 150 BROADWAY ROOM 800 NEW YORK NY 10038 1155371 0 X N/A X 2009 NY SEE SCHEDULE O. 19 19 0 0 0 0 933565 1001695 216934 153676 0 0 0 0 1150499 1155371 0 0 0 0 55067 70000 0 0 113270 1171646 974963 1226713 1044963 -76214 110408 27820 23278 760794 645844 -732974 -622566 X SEE SCHEDULE O. 0 1 279084 153676 THE ISRAEL LEADERSHIP DEVELOPMENT (ILEAD) PROGRAM, WHICH WAS DISCONTINUED DURING 2018, WAS A SELECTIVE FIVE WEEK SUMMER TEEN PROGRAM WHICH INCLUDED TOURING, PHYSICAL ACTIVITIES AND TRAVEL THROUGHOUT ISRAEL. THIS PROGRAM ACCEPTED A LIMITED NUMBER OF CANDIDATES FROM COMMUNITY HIGH SCHOOLS BETWEEN THEIR JUNIOR AND SENIOR YEARS. THE PROGRAM'S MISSION WAS TO INSPIRE SELF-DISCOVERY, DEVELOP LEADERSHIP SKILLS, LEARN TEAMWORK, BUILD SELF-CONFIDENCE AND ADVANCE THE UNDERSTANDING OF OUR HERITAGE AND COMMUNITY. PARTICIPANTS GAINED SKILLS THROUGH REAL LIFE EXPERIENCES THAT PROVIDED A FOUNDATION FOR LIFE LONG ACCOMPLISHMENT, LEADERSHIP, ACTIVISM, AND PRODUCTIVITY GROUNDED IN THE VALUES THAT MADE THEIR COMMUNITY STRONG. 308575 A SUMMER PROGRAM THAT FEATURED BOTH RELIGIOUS AND EDUCATIONAL MENS AND WOMENS CLASSES AND PROGRAMS THAT TOOK PLACE AT THE SAFRA SYNAGOGUE OF DEAL, NEW JERSEY. THESE CLASSES AND PROGRAMS WERE TAUGHT BY A PROMINENT FACULTY OF TEACHERS AFFORDING THE COMMUNITY A UNIQUE OPPORTUNITY TO LEARN WITH, AND BE EXPOSED TO, A WIDE VARIETY OF ESTABLISHED COMMUNITY EDUCATORS WELL KNOWN IN THE SCHOOLS AND SHULS OF BROOKLYN, NY AND DEAL, NJ. THIS PROGRAM CONTINUED THROUGHOUT THE SUMMER OF 2018. 120659 SEPARATE YOUNG ADULT PROGRAMS WERE PROVIDED FOR BOTH MEN AND WOMEN THAT PROVIDED EDUCATIONAL AND RELIGIOUS COURSES AT THE SEPHARDIC RABBINICAL COLLEGE FOR MEN AND AT THE SEPHARDIC WOMEN'S TEACHERS COLLEGE FOR WOMEN. 24429 ISRAEL WINTER LECTURE EVENTS PROGRAM 43014 WEEKLY PUBLICATION PROGRAM 67443 775761 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 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 1 26 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 NY X SOLLY HABER 7182529840 1061 OCEAN PARKWAY BROOKLYN NY 11230 MORRIS BAILEY FOUNDER 1.00 X X 0 0 0 JOEY SHAMAH PRESIDENT 1.00 X X 0 0 0 EDDIE FALACK VICE PRESIDENT 1.00 X X 0 0 0 JESSE SUTTON VICE PRESIDENT 1.00 X X 0 0 0 HYMIE SHAMAH TREASURER 1.00 X X 0 0 0 SAM HADDAD SECRETARY 1.00 X X 0 0 0 MURRAY J MIZRACHI EXECUTIVE DIRECTOR 35.00 X X 70000 0 0 AIMEE BAILEY DIRECTOR 1.00 X 0 0 0 BOBBY DWECK DIRECTOR 1.00 X 0 0 0 YVETTE HIDARY DIRECTOR 1.00 X 0 0 0 MOSHE LANIADO DIRECTOR 1.00 X 0 0 0 MAURICE LEVY DIRECTOR 1.00 X 0 0 0 RICKY NOVICK DIRECTOR 1.00 X 0 0 0 EZRA S ASHKENAZI TRUSTEE 1.00 X 0 0 0 JEFFERY BEYDA TRUSTEE 1.00 X 0 0 0 JOE CAYRE TRUSTEE 1.00 X 0 0 0 STANLEY CHERA TRUSTEE 1.00 X 0 0 0 ELI HARARI TRUSTEE 1.00 X 0 0 0 ALAN SHAMAH TRUSTEE 1.00 X 0 0 0 70000 0 0 0 0 0 0 0 1001695 1001695 TUITION INCOME-ISRAEL 611710 153676 153676 153676 1155371 153676 0 0 70000 70000 6150 6150 63725 63725 1871 1871 1856 1856 17592 17592 49545 49545 16354 16354 ACTIVITIES COSTS 565563 565563 LODGING & MEALS COSTS 182456 182456 CONSULTING 36000 36000 BOOKKEEPING 13000 13000 20851 10150 10701 1044963 775761 155932 113270 26817 23278 1003 0 27820 23278 4158 4158 535313 335313 220450 305500 873 873 760794 645844 X -732974 -622566 -732974 -622566 27820 23278 110408 0 X 0 0 X 491444 1026159 1984873 933566 1001695 5437737 491444 1026159 1984873 933566 1001695 5437737 1979459 3458278 5437737 1861935 0.63600 0.57510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO PROGRAM DIRECTOR 873 873 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, PROGRAM SERVICES SEE PART V 303512 0 0 0 0 0 0 303512 0 303512 0 0 0 0 0 0 FORM 990, SCHEDULE F, PART I, QUESTIONS 2 AND 3: THE ORGANIZATION HAS PROGRAM DIRECTORS WHO VOLUNTEER TO MONITOR THE USE OF THE PROGRAM SERVICE FUNDS FOR EXPENSES IN ISRAEL. THESE OVERSEAS EXPENSES ARE USED FOR THE ISRAEL LEADERSHIP DEVELOPMENT PROGRAM AND FOR THE ISRAEL WINTER LECTURE EVENTS PROGRAM BOTH FOR TEENS; WHICH ARE CULTURAL AND EDUCATIONAL PROGRAMS. THE BOARD OF DIRECTORS DECIDES ON HOW TO ALLOCATE THE FUNDS AND THE PROGRAM DIRECTORS ARE RESPONSIBLE FOR THE FUNDS. (SEE DESCRIPTION IN FORM 990, PART III - PROGRAM ACTIVITY #1). MORRIS BAILEY FOUNDER OF BOARD FOR WORKING CAPITAL X 319585 124499 0 1 0 ELI HARARI FORMER PRESIDENT OF BOARD FOR WORKING CAPITAL X 100000 208500 0 1 0 HYMIE SHAMAH TREASURER OF BOARD FOR WORKING CAPITAL X 30000 2314 0 1 0 335313 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF PROMOTING THE CORE VALUES AND HERITAGE WITHIN THE SEPHARDIC JEWISH COMMUNITY OF THE GREATER NEW YORK METROPOLITAN AREA. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE ORGANIZATION'S MISSION IS TO BUILD THE SEPHARDIC COMMUNITY'S FUTURE BY PRESERVING THE COMMUNITY'S PAST. THIS ORGANIZATION WAS ESTABLISHED TO REINFORCE AND PRESERVE THE TRADITIONAL SEPHARDIC WAY OF LIFE OF THE COMMUNITY'S ANCESTORS BASED ON THE PRINCIPLES SET FORTH IN THEIR DECLARATION OF VALUES. THE ORGANIZATION'S COMMITMENT IS TO SERVE AS A PLATFORM FOR LAY LEADERS TO WORK IN UNISON WITH COMMUNITY RABBIS, INSTITUTIONS AND OTHER ORGANIZATIONS IN PROMOTING THE PERPETUATION OF THESE VALUES. THE ORGANIZATION WILL SUPPORT ALL THOSE THAT EMBRACE THE SEPHARDIC TRADITIONS AND RICH HERITAGE AND THAT UPHOLD AND ENDORSE THESE VALUES. THE SEPHARDIC COMMUNITY HAS A LONG AND PROUD HISTORY OF TORAH OBSERVANCE AND ADHERENCE TO TRADITIONAL SEPHARDIC VALUES AND CUSTOMS. IN ORDER TO PERPETUATE THESE VALUES AND CUSTOMS AND TO HELP ENSURE THE CONTINUITY OF THE BLESSINGS THAT THEY HAVE LONG ENJOYED AS A COMMUNITY. FORM 990, PART III, LINE 3 THE ISRAEL LEADERSHIP DEVELOPMENT (ILEAD) PROGRAM WAS DISCONTINUED DURING 2018. FORM 990, PART VI, SECTION B, LINE 11B THE MEMBERS OF THE GOVERNING BODY REVIEWED THE FORM 990 BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIALS STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.