2017-08-14T11:54:46-05:00 2016-09-30 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2015-10-01 223124450 JEWISH FAMILY & CHILDREN'S FOUNDATION INC JEWI 7816475327 1430 MAIN STREET WALTHAM MA 02451 BRUCE HASKIN CFO 7816475327 2017-08-11 1 LYNNE JOHNSON P00757336 6179129000 2015 2021-01-29 14:40:06Z RIMMA ZELFAND 1430 MAIN STREET WALTHAM MA 02451 0 0 X WWW.JFCSBOSTON.ORG X 1991 MA RAISE, HOLD AND MANAGE FUNDS AND REAL ESTATE IN CONNECTION WITH JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 31 31 0 32 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10082 269101 241943 269101 241943 -269101 -241943 4487537 4367386 6189961 6311755 -1702424 -1944369 RAISE, HOLD AND MANAGE FUNDS AND REAL ESTATE IN CONNECTION WITH JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 0 0 179781 HOLDS TITLE TO THE PRINCIPAL OPERATING FACILITY AND HEADQUARTERS OF JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 179781 1 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 1 0 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 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X BRUCE L HASKIN CFO 7816475327 1430 MAIN STREET WALTHAM MA 02451 STEVEN BERNSTEIN DIRECTOR 1.00 2.00 X 0 0 0 AMY BLOOMSTONE DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 ROBERT CASHMAN DIRECTOR 1.00 2.00 X 0 0 0 JILL COHEN DIRECTOR 1.00 2.00 X 0 0 0 DANIELLE DARISH DIRECTOR 1.00 2.00 X 0 0 0 PENNY GOODMAN DIRECTOR 1.00 2.00 X 0 0 0 HARVEY GREENBERG DIRECTOR 1.00 2.00 X 0 0 0 JAMIE GROSSMAN DIRECTOR & VICE PRESIDENT 1.00 2.00 X X 0 0 0 MELISSA WEINER JANFAZA DIRECTOR 1.00 2.00 X 0 0 0 HENRY KAY DIRECTOR 1.00 2.00 X 0 0 0 PETER LEFKOWITZ DIRECTOR 1.00 2.00 X 0 0 0 FRED LEIF DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL LEVINGER DIRECTOR 1.00 2.00 X 0 0 0 ALAN E LIPKIND DIRECTOR 1.00 2.00 X 0 0 0 JAMES LITTON DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 JOSEPH MAZZELLA DIRECTOR 1.00 2.00 X 0 0 0 DEBRA MILGRAM DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 ROBIN NEITERMAN DIRECTOR 1.00 2.00 X 0 0 0 DALE S OKONOW DIRECTOR 1.00 2.00 X 0 0 0 LEW PEARLSON DIRECTOR 1.00 2.00 X 0 0 0 ANDREW PEARLSTEIN DIRECTOR 1.00 2.00 X 0 0 0 SYLVIA B PERLMAN PHD DIRECTOR & CLERK 1.00 2.00 X X 0 0 0 SUZANNE PRIEBATSCH DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 JAMES RABB MD DIRECTOR 1.00 2.00 X 0 0 0 JAY ROSENBAUM DIRECTOR 1.00 2.00 X 0 0 0 MAXINE ROSENTHAL DIRECTOR 1.00 2.00 X 0 0 0 DAVID SCHECHTER PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN FLORENCE-SMITH DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 ELINOR SVENSON DIRECTOR 1.00 2.00 X 0 0 0 JACK SWARTZ DIRECTOR 1.00 2.00 X 0 0 0 WAYNE USHMAN DIRECTOR 1.00 2.00 X 0 0 0 STEVEN WEIL DIRECTOR & VICE PRESIDENT 1.00 2.00 X X 0 0 0 BILL WEINSTEIN DIRECTOR & TREASURER 1.00 2.00 X X 0 0 0 JACKIE WEINSTEIN DIRECTOR 1.00 2.00 X 0 0 0 SUSAN WILK DIRECTOR 1.00 2.00 X 0 0 0 CANDACE WOLK DIRECTOR (THRU 6/7/16) 1.00 2.00 X 0 0 0 JONATHAN YELLIN DIRECTOR 1.00 2.00 X 0 0 0 RIMMA ZELFAND EXECUTIVE DIRECTOR 1.00 35.25 X 0 247260 23379 BRUCE HASKIN CFO 1.00 35.25 X 0 209476 18114 0 456736 41493 0 0 1 0 0 0 0 0 0 121793 92025 24311 5457 112168 81725 26176 4267 AMORTIZATION - BOND ACQ 7982 6031 1593 358 241943 179781 52080 10082 5608398 1289932 4430634 4318466 56903 48920 4487537 4367386 3692241 4014667 2497720 2297088 6189961 6311755 X 0 0 0 0 -1702424 -1944369 -1702424 -1944369 4487537 4367386 -241943 0 X 0 1 X 1 0 X X 1 JEWISH FAMILY & CHILDREN'S SERVICE INC 042104356 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1121680 1121680 4486718 1289932 3196786 4318466 DUE TO JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 2297088 2297088 X 0 0 0 0 0 241943 0 241943 0 241943 PART X, LINE 2: THE ORGANIZATION IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE FASB ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED IN AN EXAMINATION BY THE TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2013. THE ORGANIZATION WILL ACCOUNT FOR ANY INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. 0 0 0 0 0 0 0 0 0 RIMMA ZELFAND EXECUTIVE DIRECTOR 0 231950 0 7500 0 7810 0 3934 0 19445 0 270639 0 0 BRUCE HASKIN CFO 0 193880 0 14250 0 1346 0 3451 0 14663 0 227590 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2014-10-16 4444120 SEE PART VI 0 0 0 A 4444120 3444120 88799 250953 660248 1 0 0 0 A 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, COLUMN F, DESCRIPTION OF PURPOSE: - BOND R-1: TO REFUND 2004 SERIES REVENUE BONDS - BOND R-2: CONSTRUCTION LOAN AND CLOSING COST - BOND R-3: TO FINANCE THE ACQUISITION, IMPROVEMENT, AND EQUIPPING OF A NEW OFFICE SPACE. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT FORM 990 IS APPROVED BY THE TREASURER ON BEHALF OF THE BOARD. ONCE THE FOUNDATION'S FORM 990 IS FINALIZED, THE FOUNDATION MAKES THE FORM AVAILABLE TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS FILING. IN ORDER TO ASSURE THE CONFIDENTIALITY OF SENSITIVE DONOR INFORMATION INCLUDED IN THE REPORT, THE FORM 990 IS MADE AVAILABLE ON THE AGENCY'S WEBSITE, IN A SECURED LOCATION THAT ONLY THE BOARD MEMBERS HAVE ACCESS TO. THE BOARD MEMBERS ARE EACH E-MAILED A LINK TO THIS SITE. THE PURPOSE OF THE REVIEW IS TO ASSURE THAT ALL BOARD MEMBERS HAVE THE OPPORTUNITY TO KNOW: 1. WHAT IS BEING FILED ON THE DUE DATE; 2. HOW THE AGENCY DESCRIBES ITSELF, ITS MISSION AND MAJOR PROGRAM ACCOMPLISHMENTS; 3. AND HOW IT ANSWERS KEY QUESTIONS RELATED TO COMPLIANCE WITH THE REQUIREMENTS OF THE IRS. THE PURPOSE OF THE BOARD REVIEW IS NOT FOR INDIVIDUAL MEMBERS TO GRANT APPROVAL, BUT TO BE AWARE OF WHAT IS BEING FILED. BELOW IS THE LOGISTICS OF THE REVIEW: 1. ON OR ABOUT AUGUST 1ST, BOARD MEMBERS WILL BE NOTIFIED THAT A READ ONLY COPY OF THE FORM 990 IS AVAILABLE FOR REVIEW ON THE SECURED WEBSITE. BOARD MEMBERS WILL BE PROVIDED WITH INSTRUCTIONS ON HOW TO ACCESS THE WEBSITE. THE WEBSITE WILL TRACK WHICH BOARD MEMBERS ACCESS THE WEBSITE TO REVIEW THE FORM 990. THE FORM 990 WILL REMAIN ON THIS WEBSITE UNTIL IT IS REPLACED WITH THE NEXT YEAR'S RETURN. FINANCE OR OTHER STAFF ARE AVAILABLE TO ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE ABOUT THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER IS PROVIDED A RELATED PARTY FORM ANNUALLY TO COMPLETE AND SIGN. NO CONTRACT OR TRANSACTION BETWEEN THE CORPORATION AND ONE OR MORE OF ITS DIRECTORS, OR HIS OR HER FAMILY MEMBERS, OR BETWEEN THE CORPORATION AND ANY OTHER ORGANIZATION OF WHICH ONE OR MORE OF ITS DIRECTORS OR HIS OR HER FAMILY MEMBERS ARE MEMBERS, SHAREHOLDERS, DIRECTORS, TRUSTEES OR OFFICERS, OR IN WHICH ANY OF THEM HAS ANY DIRECT OR INDIRECT FINANCIAL OR OTHER INTEREST, SHALL BE VOID OR VOIDABLE, OR IN ANY WAY AFFECTED, SOLELY FOR THIS REASON, OR SOLELY BECAUSE THE DIRECTOR IS PRESENT OR PARTICIPATES IN THE MEETING OF THE DIRECTORS, OR OF A COMMITTEE THEREOF, WHICH AUTHORIZES, APPROVES OR RATIFIES THE CONTRACT OR TRANSACTION, IF: (A) THE MATERIAL FACTS OF HIS OR HER RELATIONSHIP OR INTEREST AS TO THE CONTRACT OR TRANSACTION ARE DISCLOSED OR ARE KNOWN TO THE DIRECTORS OR THE COMMITTEE WHICH AUTHORIZES, APPROVES OR RATIFIES THE CONTRACT OR TRANSACTION; (B) THE DIRECTORS OR THE COMMITTEE IN GOOD FAITH AUTHORIZES, APPROVES OR RATIFIES THE CONTRACT OR TRANSACTION BY THE AFFIRMATIVE VOTE OF SIXTY-SEVEN PERCENT (67%) OF THE DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS PRESENT AT THE MEETING AT WHICH QUORUM IS PRESENT (WITHOUT COUNTING INTERESTED PERSONS TOWARD QUORUM); PROVIDED, HOWEVER, THAT WHERE THE POTENTIAL CONFLICT OF INTEREST AT ISSUE INVOLVES A CONTRACT OR TRANSACTION WITH ANOTHER NON-PROFIT ORGANIZATION IN WHICH ALL OF THE DIRECTORS OF THE CORPORATION ALSO SERVE AS DIRECTORS, THE CONTRACT OR TRANSACTION SHALL BE AUTHORIZED, APPROVED OR RATIFIED IN GOOD FAITH BY THE AFFIRMATIVE VOTE OF SIXTY-SEVEN PERCENT (67%) OF THE DIRECTORS OR COMMITTEE MEMBERS WITHOUT AN INTEREST IN THE CONTRACT OR TRANSACTION OTHER THAN THEIR INTEREST AS A DIRECTOR OF THE NON-PROFIT ORGANIZATION, WHO ARE PRESENT AT A MEETING AT WHICH QUORUM IS PRESENT (AND SUCH DIRECTORS SHALL BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT SUCH MEETING); AND (C) THE CONTRACT OR TRANSACTION IS IN THE BEST INTERESTS OF THE CORPORATION AS OF THE TIME IT IS AUTHORIZED, APPROVED OR RATIFIED BY THE DIRECTORS OR A COMMITTEE THEREOF. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF JF&CS (SUPPORTED ORGANIZATION) CONSISTS OF THE BOARD PRESIDENT, TREASURER AND TWO PAST PRESIDENTS. THEY SET BASE COMPENSATION BY USING COMPARABILITY DATA THROUGH THE ASSOCIATION OF JEWISH FAMILY AND CHILDREN SERVICES (AJFCS) WHICH COMPARES JF&CS TO SEVEN OTHER JEWISH FAMILY AND CHILDREN SERVICE ORGANIZATIONS. THE EXECUTIVE STAFF IS EVALUATED ON MANAGEMENT PERFORMANCE REVIEW (MPR) AND ORGANIZATIONAL AND PERFORMANCE GOALS ARE SET BY THE CEO AND THEN SENT TO THE COMPENSATION COMMITTEE FOR INPUT AND/OR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. JEWISH FAMILY & CHILDREN'S SERVICE INC 1430 MAIN STREET WALTHAM MA 02451 042104356 SOCIAL SERVICES MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0