2015-08-14T14:34:25-05:00 2014-09-30 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2013-10-01 223124450 JEWISH FAMILY & CHILDREN'S FOUNDATION INC JEWI 7816475327 1430 MAIN STREET WALTHAM MA 02451 RIMMA ZELFAND CEO 7816475327 2015-08-14 1 LYNNE JOHNSON P00757336 6179129000 2013 2016-04-25 22:37:26Z 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. 35 35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13722 302604 294591 302604 294591 -302604 -294591 4672253 4542802 5978888 5996314 -1306635 -1453512 RAISE, HOLD AND MANAGE FUNDS AND REAL ESTATE IN CONNECTION WITH JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 0 0 177231 HOLDS TITLE TO THE PRINCIPAL OPERATING FACILITY AND HEADQUARTERS OF JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 177231 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 0 0 X 35 35 0 0 1 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 AMY BLOOMSTONE DIRECTOR 1.00 2.00 X 0 0 0 ROBERT CASHMAN DIRECTOR 1.00 2.00 X 0 0 0 JONATHAN DORFMAN DIRECTOR 1.00 2.00 X 0 0 0 GERALD FELDMAN DIRECTOR 1.00 2.00 X 0 0 0 HAL GARNICK DIRECTOR 1.00 2.00 X 0 0 0 HARVEY GREENBERG DIRECTOR 1.00 2.00 X 0 0 0 JAMIE GROSSMAN CLERK 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 BARRY KLICKSTEIN DIRECTOR 1.00 2.00 X 0 0 0 PETER LEFKOWITZ DIRECTOR 1.00 2.00 X 0 0 0 MARK E LEVY DIRECTOR 1.00 2.00 X 0 0 0 ALAN E LIPKIND DIRECTOR 1.00 2.00 X 0 0 0 JAMES M LITTON VICE PRESIDENT 1.00 2.00 X X 0 0 0 DEBRA M MILGRAM DIRECTOR 1.00 2.00 X 0 0 0 ROBIN NEITERMAN PRESIDENT 1.00 2.00 X X 0 0 0 DALE S OKONOW DIRECTOR 1.00 2.00 X 0 0 0 SYLVIA B PERLMAN PHD DIRECTOR 1.00 2.00 X 0 0 0 JAMES RABB MD DIRECTOR 1.00 2.00 X 0 0 0 MATTHEW ROSENTHAL TREASURER 1.00 2.00 X X 0 0 0 MAXINE ROSENTHAL DIRECTOR 1.00 2.00 X 0 0 0 LISA RUBINSTEIN DIRECTOR 1.00 2.00 X 0 0 0 DAVID SCHECHTER VICE PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN FLORENCE-SMITH DIRECTOR 1.00 2.00 X 0 0 0 ANDREW C SUCOFF DIRECTOR 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 STEVEN WEIL DIRECTOR 1.00 2.00 X 0 0 0 JACKIE WEINSTEIN BOARD PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN WILK DIRECTOR 1.00 2.00 X 0 0 0 CANDICE F WOLK DIRECTOR 1.00 2.00 X 0 0 0 JONATHAN YELLIN DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL LEVINGER DIRECTOR 1.00 2.00 X 0 0 0 SUZANNE PRIEBATSCH DIRECTOR 1.00 2.00 X 0 0 0 DARREN BLACK DIRECTOR 1.00 2.00 X 0 0 0 A KEENE METZGER CFO 1.00 35.30 X 0 189244 24270 RIMMA ZELFAND EXECUTIVE DIRECTOR 1.00 35.30 X 0 241383 21092 0 430627 45362 0 0 1 0 0 0 0 0 0 165140 95337 61535 8268 112168 71916 35663 4589 AMORTIZATION - BOND ACQ 17283 9978 6440 865 294591 177231 103638 13722 5608398 1065596 4654970 4542802 17283 0 4672253 4542802 3630674 3458471 2348214 2537843 5978888 5996314 X 0 0 0 0 -1306635 -1453512 -1306635 -1453512 4672253 4542802 X -294591 147714 X 0 1 X 1 1 1 X X X 0 0 0 JEWISH FAMILY & CHILDREN'S SERVICE INC 042104356 7 1 0 1 0 1121680 1121680 4486718 1065596 3421122 4542802 DUE TO JEWISH FAMILY AND CHILDREN'S SERVICE, INC. 2517654 SWAP VALUATION 20189 2537843 X 147714 147714 147714 0 0 0 294591 0 294591 0 294591 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 IS 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 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SWAP VALUATION 147,714. 0 0 0 0 0 0 0 0 0 A KEENE METZGER CFO 0 176212 0 8064 0 4968 0 3610 0 20660 0 213514 0 0 RIMMA ZELFAND EXECUTIVE DIRECTOR 0 221380 0 12588 0 7415 0 4095 0 16997 0 262475 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57583F6B2 2004-10-25 5080000 TO ACQUIRE, IMPROVE AND EQUIP OFFICE SPACE 0 0 0 A 1621529 5080000 100000 4980000 2005 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 1 RBS CITIZENS NA 10.000000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED IN 2014 AND THE FOLLOWING ARE THE CHANGES: AS OF JUNE 2, 2014, EACH DIRECTOR SHALL BE ELECTED TO AN INITIAL ONE, TWO OR THREE YEAR TERM SO THAT THE DIRECTORS' TERMS ARE STAGGERED. EACH DIRECTOR MAY BE RE-ELECTED TO SUCCESSIVE TERMS OF THREE YEARS PROVIDED THAT NO DIRECTOR SHALL BE RE-ELECTED AFTER SERVING THREE CONSECUTIVE THREE YEAR TERMS UNLESS THE MAJORITY OF THE FULL BOARD APPROVES A WAIVER OF THE TERM LIMIT. 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. FORM 990, PART XI, LINE 9: CHANGE IN SWAP VALUATION 147,714. JEWISH FAMILY & CHILDREN'S SERVICE INC 1430 MAIN STREET WALTHAM MA 02451 042104356 SOCIAL SERVICES MA 501(C)(3) LINE 7 N/A 0 JEWISH FAMILY SERVICE OF WORCESTER INC 646 SALISBURY STREET WORCESTER MA 01609 042104350 SOCIAL SERVICES MA 501(C)(3) LINE 7 JEWISH FAMILY & CHILDREN'S SERVICE INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0