2013-11-13T10:50:24-06:00 2012-12-31 131639826 EISNERAMPER LLP ONE MARKET LANDMARK SUITE 620 SAN FRANCISCO CA 941051522 990 2012-01-01 522351119 INDIA COMMUNITY CENTER INC INDI 4089341130 525 LOS COCHES STREET MILPITAS CA 95035 TANUJA BAHAL 4089341130 2013-11-05 1 ROBERT F LANE P01225994 4159746000 2012 2016-03-07 17:11:31Z TANUJA BAHAL 525 LOS COCHES STREET MILPITAS CA 95035 5088974 0 X WWW.INDIACC.ORG X 2000 DE THE CENTER PROMOTES INDIAN CULTURE AND VALUES. 34 28 106 160 0 0 851355 2802640 2004693 2214943 699 1641 -33816 -36787 2822931 4982437 0 0 0 0 1267271 1645919 0 0 231400 2194541 2256593 3461812 3902512 -638881 1079925 12705849 12292315 15963372 14493813 -3257523 -2201498 X THE INDIA COMMUNITY CENTER'S MISSION IS TO PROMOTE INDIAN CULTURE AND VALUES BY PROVIDING SOCIAL, CULTURAL, RECREATIONAL, AND COMMUNITY PROGRAMS THEREBY UNITING THE INDIAN COMMUNITY AND RAISING AWARENESS ABOUT INDIAN CULTURE IN THE LOCAL COMMUNITY. 0 0 645377 373171 FITNESS AND WELLNESS - OFFERS MEMBERS THE FACILITY TO WORK OUT AND STAY FIT WITH THE USE OF EQUIPMENT AND PARTICIPATING IN GROUP EXERCISE CLASSES. 757936 690849 COMMUNITY AND CULTURAL EVENTS WHICH BRING TOGETHER PEOPLE FROM DIFFERENT WALKS OF LIFE TO CELEBRATE THE DIVERSE CULTURE. 1528830 1084205 YOUTH AND ADULT CLASSES FOR LANGUAGES, MUSIC, DANCE, SPORTS, ETC. THE CENTER ALSO CONDUCTS CULTURAL AND EDUCATIONAL CAMPS FOR YOUNG CHILDREN. DURING 2012, THE CENTER STARTED OFFERING PRE-SCHOOL PROGRAM. 183189 66719 SOCIAL SERVICESTHE CENTER'S COMMITMENT TO COMMUNITY SERVICE IS BEST EXEMPLIFIED THROUGH A RANGE OF SERVICES OPEN TO THE ENTIRE COMMUNITY. THE ICC FREE MEDICAL CLINIC SERVICES ANYONE WITHOUT INSURANCE IN NEED OF MEDICAL ATTENTION. MORE THAN 400 SENIORS ENJOY YOGA, DANCING, LECTURES AND LUNCH FOUR TIMES A WEEK AT MILPITAS AND CUPERTINO THROUGH THE SENIOR PROGRAMS. THE LEGAL CLINIC AND CAREER RESOURCE CENTER GUIDE THOSE IN DIFFICULT TIMES WITH ADVICE AND SERVICE BY APPOINTMENT ON A WEEKLY BASIS. 183189 66719 3115332 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 71 0 1 106 0 0 0 0 0 0 0 0 0 0 0 X 34 28 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 1 1 0 CA X INDIA COMMUNITY CENTER 4089341130 525 LOS COCHES STREET MILPITAS CA 95035 NAREN BAKSHI 1.00 X 0 0 0 ANIL GODHWANI 1.00 X 0 0 0 GAUTAM GODHWANI 1.00 X 0 0 0 KUMAR MALAVALLI 1.00 X X 0 0 0 KANWAL REKHI 1.00 X 0 0 0 STEVE WESTLY 1.00 X 0 0 0 MANISH CHANDRA 1.00 X 0 0 0 VENKY GANESAN 1.00 X X 0 0 0 NAVNEET CHUGH 1.00 X 0 0 0 BV JAGADEESH 1.00 X 0 0 0 BALA JOSHI 1.00 X 0 0 0 VIBHU MITTAL 1.00 X 0 0 0 RAJU REDDY 1.00 X 0 0 0 ASHOK VAISH 1.00 X 0 0 0 AG KARUNAKARAN 1.00 X X 0 0 0 RADHIKA MALPANI 1.00 X 0 0 0 TALAT HASAN 1.00 X 0 0 0 ROGER BAKSHI 1.00 X 0 0 0 VIJAY BIST 1.00 X 0 0 0 PARKASH DARYANI 1.00 X 0 0 0 GOPI GODHWANI 1.00 X 0 0 0 RAJIV JAIN 1.00 X 0 0 0 RAJEEV MADHAVAN 1.00 X 0 0 0 NICKI MEHRA 1.00 X 0 0 0 ASHOK NARASIMHAN 1.00 X 0 0 0 PURNA PAREEK 1.00 X 0 0 0 SANJEEV SARDANA 1.00 X 0 0 0 SHIRISH SATHAYE 1.00 X 0 0 0 MUNJAL SHAH 1.00 X 0 0 0 DEV SHUKLA 1.00 X 0 0 0 IMMANUEL THANGARAJ 1.00 X 0 0 0 ABRAHAM VERGHESE 1.00 X 0 0 0 RANU VOHRA 1.00 X 0 0 0 NOOSHEEN HASHEMI 1.00 X 0 0 0 SHARAD DADBHAWALA 32.00 X 84967 0 5028 TANUJA BAHAL 40.00 X 109467 0 0 194434 0 5028 1 0 0 0 0 659847 2142793 80628 2802640 PROGRAMS AND EVENTS 812900 1084205 1084205 BANQUETS AND CAFE 812900 612307 612307 MEMBER DUES AND SERVIC 812900 373171 373171 SPECIAL EVENTS 812900 78541 78541 SOCIAL SERVICES 812900 66719 66719 2214943 1641 1641 69750 659847 106537 -36787 -36787 4982437 2214943 0 -35146 194434 97216 87496 9722 1299506 1014281 172853 112372 48924 36775 8102 4047 103055 80436 13708 8911 12211 1283 10780 148 8912 936 7868 108 22570 2372 19926 272 32371 3402 28577 392 61282 44824 15579 879 50372 40748 8840 784 381824 341667 40157 262721 210721 52000 396563 320471 76092 26988 23586 3402 PROGRAM-RELATED EXPENSE 790683 747196 43487 BANK CHARGES 65935 50634 10400 4901 GRANT/FUNDRAISING EXPEN 64877 19500 45377 SOCIAL SERVICES 55607 55607 23677 23677 3902512 3115332 555780 231400 27290 7541 588079 963470 537738 88918 9021 45744 14622730 3445532 11534477 11177198 9244 9444 12705849 12292315 212626 188846 290544 271608 11740500 9115500 2913500 2913500 350000 1350000 456202 654359 15963372 14493813 X -3796463 -2301618 538940 100120 -3257523 -2201498 12705849 12292315 X 1079925 -23900 X X 0 1 X 1 0 X 2071669 1177281 1198864 851355 2802640 8101809 2071669 1177281 1198864 851355 2802640 8101809 1316123 6785686 18482 125 418 699 1641 21365 8123174 0.83530 0.72480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1920000 1920000 11673105 2452740 9220365 1029625 992792 36833 11177198 INTEREST PAYABLE 555475 SECURITY DEPOSITS 98884 654359 X 5088974 0 5088974 -106537 -106537 4982437 4009049 106537 106537 3902512 0 3902512 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CENTER IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE TAXATION CODE. MANAGEMENT HAS CONCLUDED THAT THE CENTER IS NOT SUBJECT TO INCOME TAXES IN ANY JURISDICTION AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. IF THE CENTER WERE TO INCUR AN INCOME TAX LIABILITY IN THE FUTURE, INTEREST ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INTEREST EXPENSE AND PENALTIES ON ANY INCOME TAX LIABILITY WOULD BE REPORTED AS INCOME TAXES. MANAGEMENT'S CONCLUSIONS REGARDING UNCERTAIN TAX POSITIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED UPON ONGOING ANALYSES OF TAX LAWS, REGULATIONS AND INTERPRETATIONS THEREOF AS WELL AS OTHER FACTORS. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NET AGAINST FUNDRAISING INCOME PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NET AGAINST FUNDRAISING INCOME PART XII, LINE 4B: DIRECT FUNDRAISING EXPENSES NET AGAINST FUNDRAISING INCOME ON STATEMENT OF REVENUE PART XIII, LINE 2D: DIRECT FUNDRAISING EXPENSES NET AGAINST FUNDRAISING INCOME ON STATEMENT OF REVENUE ANNUAL FUNDRAISER 652929 612929 40000 63050 EID CELEBRATION 20719 8469 12250 19385 3 55949 38449 17500 24102 729597 659847 69750 106537 106537 -36787 ANIL AND JYOTI GODHWANI FINANCING X 1956750 1756750 0 1 1 GAUTAM GODHWANI FINANCING X 1956750 1731750 0 1 1 BV JAGADEESH FINANCING X 1956750 956750 0 1 1 TALAT HASAN FINANCING X 1956750 1756750 0 1 1 VIBHU MITTAL FINANCING X 1956750 1956750 0 1 1 KANWAL REKHI FINANCING X 1956750 956750 0 1 1 9115500 X 2 20976 FAIR MARKET VALUE X 1 10000 FAIR MARKET VALUE X SUPPLIES 1 1448 FAIR MARKET VALUE 0 0 0 FROM 990, PART V, LINES 7G & 7H COMPLIANCE WITH OTHER FILING REQUIREMENTS THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY NOR ANY CARS, BOATS AIRPLANES OR OTHER VEHICLES. AS SUCH, NO FORMS 8899 NOR 1098-C WERE REQUIRED TO BE FILED. FORM 990, PART VI, SECTION A, LINE 2 ANIL GODHWANI, TRUSTEE, AND GAUTAM GODHWANI, TRUSTEE, ARE BROTHERS. GOPI GODHWANI IS THE MOTHER OF ANIL GODHWANI. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE FOR COMPLETENESS AND ACCURACY. THE SAME IS THEN CIRCULATED TO THE MEMBERS OF THE BOARD OF DIRECTORS AND THE TRUSTEES FOR THEIR REVIEW AND COMMENTS. THE FORM IS THEN FILED AFTER INCORPORATING CHANGES, IF ANY. FORM 990, PART VI, SECTION B, LINE 12 ALL CONTRACTS, ARRANGEMENTS AND COMMITMENTS INVOLVING INTEREST OF ANY STAFF OR BOARD MEMBER ARE REVIEWED BY THE EXECUTIVE DIRECTOR ALONG WITH THE DIRECTOR OF FINANCE TO MAKE SURE THAT THE CONTRACT, ARRANGEMENT OR COMMITMENT IS AT ARM'S LENGTH. THE ORGANIZATION HAS INITIATED THE PROCESS OF DEVELOPING A FORMAL WRITTEN CONFLICT OF INTEREST POLICY AND MONITORING PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 APPOINTMENT AND COMPENSATION CHANGES FOR ALL OFFICERS AND KEY EMPLOYEES ARE PROCESSED AND REVIEWED BY A GROUP OF DIRECTORS LED BY THE CO-PRESIDENTS OF THE BOARD. THERE ARE NO BOARD MEMBERS TO WHOM ANY KIND OF COMPENSATION IS PAID. THE SELECTION AND APPOINTMENT OF THE EXECUTIVE DIRECTOR IS FINALIZED BY A GROUP OF DIRECTORS LED BY THE CO-PRESIDENT OF THE BOARD. COMPENSATION IS DETERMINED ON THE BASIS OF THE NATURE OF THE JOB, THE SKILL SETS AND THE EXPERIENCE OF THE PERSON, AND SURVEY OF OTHER SIMILAR ORGANIZATIONS WHOSE COMPENSATION INFORMATION IS IN THE PUBLIC DOMAIN. COMPENSATION OF KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH A GROUP OF DIRECTORS AND THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FROM 990, PART VI, SECTION B, LINES 13 AND 14 WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES THE WHISTLEBLOWER POLICY HAS BEEN PUT IN PLACE IN 2012. THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING A DOCUMENT RETENTION AND DESTRUCTION POLICY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: TEMPORARILY RESTRICTED PLEDGES WITHDRAWN -23,900. FROM 990, PART XII, LINE 2C AUDIT OVERSIGHT THE AUDIT COMMITTEE IS RESPONSIBLE FOR MAKING RECOMMENDATIONS TO THE BOARD REGARDING THE SELECTION AND RETENTION OF INDEPENDENT AUDITORS TO CONDUCT THE ANNUAL AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS. THE AUDIT COMMITTEE IS ALSO RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT, CONFERRING WITH THE AUDITOR REGARDING THE RESULTS OF THE AUDIT, APPROVAL OF THE AUDIT REPORT AND APPROVAL OF ANY NON-AUDIT SERVICES TO BE PROVIDED BY THE AUDIT FIRM. THIS PROCESS IS THE SAME AS IT WAS IN THE PRIOR YEAR.