2013-03-15T17:09:23-05:00 2012-06-30 390758449 WIPFLI LLP 10000 INNOVATION DRIVE SUITE 250 MILWAUKEE WI 532264837 990 2011-07-01 391555857 JEWISH HOME AND CARE CENTER FOUNDATION JEWI 4142762627 1414 NORTH PROSPECT AVENUE MILWAUKEE WI 53202 GAIL BOEREMA 4142762627 2013-03-18 1 JAY ADKISSON CPA P01360892 4144319300 2013-03-15 2011 2016-02-25 16:41:14Z GAIL BOEREMA 1414 NORTH PROSPECT AVENUE MILWAUKEE WI 53202 51742567 0 X JEWISHSENIORLIVING.ORG X 1986 WI THE FOUNDATION WAS ORGANIZED TO RAISE FUNDS TO SUPPORT JEWISH HOME AND CARE CENTER, INC., PROSPECT CONGREGATE HOUSING, INC., AND MEQUON JEWISH CAMPUS, INC. 19 16 0 106 0 0 726847 804370 0 0 3351498 2833380 5196 40975 4083541 3678725 1306381 2532030 0 0 0 0 0 0 0 472327 541090 1778708 3073120 2304833 605605 143829336 140356852 70887 67899 143758449 140288953 THE FOUNDATION WAS ORGANIZED TO RAISE FUNDS TO SUPPORT JEWISH HOME AND CARE CENTER, INC., PROSPECT CONGREGATE HOUSING, INC., AND MEQUON JEWISH CAMPUS, INC. 0 0 2532030 2532030 0 THE JEWISH HOME AND CARE CENTER FOUNDATION, INC. PROVIDES FUNDING FOR PROGRAM SERVICES AT THE JEWISH HOME AND CARE CENTER, INC., PROSPECT CONGREGATE HOUSING, INC., AND MEQUON JEWISH CAMPUS, INC., SEPARATE 501(C)3 ORGANIZATIONS ALL PROVIDING SERVICES TO SENIORS OR INFIRMED TO HAVE A QUALITY JEWISH ENVIRONMENT. 2532030 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 19 16 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 0 1 0 0 0 WI X GAIL BOEREMA 4142778815 1414 NORTH PROSPECT AVENUE MILWAUKEE WI 53202 EUGENE BASS 1.00 X 0 0 0 ROBERTA CARAWAY 1.00 X 0 0 0 DORIS CHORTEK 1.00 X 0 0 0 WILLIAM ELLIOTT 1.00 X 0 0 0 JOSHUA GIMBEL 1.00 X 0 0 0 LEONARD GOLDSTEIN 1.00 X 0 0 0 DONALD GRANDE 1.00 X 0 0 0 PHIL HIMMELFARB 1.00 X 0 0 0 RONALD MILLER 1.00 X 0 0 0 LEWIS PERLSON 1.00 X 0 0 0 ARLENE PELTZ 1.00 X 0 0 0 RICK RAKITA 1.00 X 0 0 0 RICHARD STRAIT 1.00 X 0 0 0 SHELLY HART 1.00 X 0 0 0 WILLIAM KOMISAR 1.00 X X 0 0 0 DAVID WEBER 1.00 X X 0 0 0 MIKE SATTELL 50.00 X X 0 115134 16522 NITA CORRE 50.00 X X 0 170192 6093 GAIL BOEREMA 50.00 X 0 134542 5023 0 419868 27638 0 0 1 0 JEWISH HOME AND CARE CENTER INC 1414 NORTH PROSPECT AVE MILWAUKEE WI 53202 MANAGEMENT FEES 165360 1 804370 804370 2243350 2243350 48651385 2487 48063842 0 587543 2487 590030 590030 BAD DEBTS COLLECTED 623990 37231 37231 OTHER MISCELLANEOUS RE 623990 3744 3744 40975 3678725 0 0 2874355 2531753 2531753 277 277 130474 130474 302977 302977 7397 7397 420 420 6867 6867 9009 9009 4743 4743 6757 6757 TRANSFERS 69881 69881 MISCELLANEOUS EXPENSES 2565 2565 3073120 2532030 541090 0 187311 179981 1303889 2128003 1524274 1251505 14001644 13899789 419 8643 107482610 103681013 18092369 18208232 1236820 999686 143829336 140356852 70887 67899 70887 67899 X 132991863 128926667 10766586 11362286 143758449 140288953 143829336 140356852 X 605605 -4075101 X X 0 1 1 X 0 X X X 0 0 0 JEWISH HOME AND CARE CENTER 390813421 9 1 1 1 2449263 PROSPECT CONGREGATE HOUSING INC 391631640 9 1 1 1 82490 MEQUON JEWISH CAMPUS 481269083 9 1 1 1 0 3 2531753 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 350000 350000 350000 350000 350000 0.00000 0 ISRAEL BONDS AND NOTES 3233950 F ALTERNATIVE INVESTMENTS 14878977 F INVESTMENT IN MEQUON PARK 95305 C 18208232 3678725 3073120 605605 -4295101 220000 -4075101 -3469496 -433607 -4295101 220000 -4075101 3641494 37231 37231 3678725 3035889 -37231 -37231 3073120 0 3073120 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: DURING 2011, THE FOUNDATION DETERMINED THAT $350,000 OF NET ASSETS WERE INCORRECTLY CLASSIFIED AS PERMANENTLY RESTRICTED NET ASSETS. DUE TO THIS DETERMINATION, PERMANENTLY RESTRICTED NET ASSETS HAVE BEEN RECHARACTERIZED TO UNRESTRICTED NET ASSETS ON THE CURRENT YEAR AUDITED FINANCIAL STATEMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ORDER TO ACCOUNT FOR ANY UNCERTAIN TAX POSITIONS, THE FOUNDATION DETERMINES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS IN 2012 OR 2011. FEDERAL TAX RETURNS FOR THE TAX YEARS 2009 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 8 - OTHER ADJUSTMENTS: TRANSFER FROM JEWISH HOME CARE CENTER, INC. 220,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: TRANSFER FROM JEWISH HOME AND CARE CENTER, INC. 220,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBTS COLLECTED 37,231. PART XIII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBTS COLLECTED -37,231. 1 JEWISH HOME AND CARE CENTER INC 1414 NORTH PROSPECT AVENUE MILWAUKEE WI 53202 390813421 501(C)3 2449263 NURSING, THERAPY & RELIGIOUS ACTIVITIES FOR RESIDENTS. PROSPECT CONGREGATE HOUSING INC 1414 NORTH PROSPECT AVENUE MILWAUKEE WI 53202 391631640 501(C)3 82490 NURSING, THERAPY & RELIGIOUS ACTIVITIES FOR RESIDENTS. 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE RECEIVING ORGANIZATION REQUESTS THE FUNDS FROM THE FOUNDATION ONCE THE CONDITION OF THE GRANT IS MET BY SUBMITTING A CHECK REQUEST. THE DEVELOPMENT DIRECTOR OF THE FOUNDATION SIGNS THE CHECK REQUEST WHICH INDICATES HER APPROVAL THAT THE CONDITION HAS BEEN MET AND SUBMITS IT TO ACCOUNTS PAYABLE FOR PROCESSING. THE CHECK IS CREATED AND MATCHED TO THE CHECK REQUEST, THE PRESIDENT/CEO AND THE CFO SIGN THE CHECK. ADDITIONALLY, THERE ARE MONTHLY FINANCIAL STATEMENTS FOR THE FOUNDATION AND ALL OPERATING ENTITIES THAT ARE REVIEWED BY THE PRESIDENT/CEO AND THE CFO. THE GRANTS ARE PART OF THE FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 NITA CORRE 0 170192 0 0 0 0 0 0 0 6093 0 176285 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S DIRECTORS ARE ELECTED BY THE BOARDS OF DIRECTORS OF JEWISH HOME AND CARE CENTER, PROSPECT CONGREGATE HOUSING, AND MEQUON JEWISH CAMPUS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO FILING. HUMAN RESOURCES OF THE JEWISH HOME AND CARE CENTER PERFORMS MARKET STUDIES ALONG WITH ANNUAL MERIT INCREASES AND THEIR BOARD HAS FINAL APPROVAL ON ALL COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC FOR REVIEW UPON SPECIFIC REQUEST BY A MEMBER OF THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,295,101. TRANSFER FROM JEWISH HOME CARE CENTER, INC. 220,000. TOTAL TO FORM 990, PART XI, LINE 5: -4,075,101. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PROSPECT CONGREGATE HOUSING INC 1400 N PROSPECT AVENUE MILWAUKEE WI 53202 391631640 SENIOR HOUSING WI 501(C)(3) LINE 9 N/A 0 JEWISH HOME AND CARE CENTER INC 1414 N PROSPECT AVENUE MILWAUKEE WI 53202 390813421 HEALTH CARE WI 501(C)(3) LINE 9 N/A 0 MEQUON JEWISH CAMPUS INC 10995 N MARKET STREET MEQUON WI 53092 481269083 HEALTH CARE/SENIOR HOUSING WI 501(C)(3) LINE 9 N/A 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0