2012-05-15T12:55:31-05:00 2011-06-30 HOOD & STRONG LLP CPAS 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2010-07-01 770185734 OSHMAN FAMILY JEWISH COMMUNITY CENTER FKA ALBERT SCHULTZ JEWISH COMM CENTER OSHM 6502238600 3921 FABIAN WAY PALO ALTO CA 94303 MARSHA DESLAURIERS 6502238600 2012-05-15 1 ROBERT A DOCILI 4157810793 2010 2016-02-24 21:20:13Z FKA ALBERT L SCHULTZ JCC MARSHA DESLAURIERS 3921 FABIAN WAY PALO ALTO CA 94303 21155828 0 X WWW.PALOALTOJCC.ORG X 1960 CA THE OSHMAN FAMILY JCC UNITES JEWISH INSTITUTIONS AND WORKS FOR THE BETTERMENT OF THE COMMUNITY. 22 22 244 50 0 0 12427925 5622638 7372183 10698482 3511366 3776724 758026 644954 24069500 20742798 298275 258135 0 0 8050609 9463181 0 0 696816 14010182 11113794 22359066 20835110 1710434 -92312 236436142 229409651 146085662 141716549 90350480 87693102 X THE OFJCC ESTABLISHES COMMON GROUND AND UNITES JEWISH INSTITUTIONS AND INDIVIDUALS OF THE COMMUNITY. THE OFJCC ASPIRES TO BE A JEWISH NEIGHBORHOOD WHERE ALL ARE WELCOME. IT SERVES AS A NEXUS OF DIVERSE JEWISH COMMUNITIES THAT OPEN DOORS AND CREATE CONNECTIONS FOR RICH, ROBUST, AND REWARDING EXPERIENCES. THE OSHMAN FAMILY JEWISH COMMUNITY CENTER ESTABLISHES COMMON GROUND, UNITING JEWISH INSTITUTIONS, GROUPS AND INDIVIDUALS FOR THE BETTERMENT OF THE WHOLE COMMUNITY. THE OSHMAN FAMILY JEWISH COMMUNITY CENTER IS A 21ST CENTURY JEWISH NEIGHBORHOOD THAT STRENGTHENS AND INTEGRATES OUR JEWISH COMMUNITY AS WE EMBODY AN INCLUSIVE, CARING ENVIRONMENT THAT CELEBRATES THE DIVERSITY AND INNOVATIVE SPIRIT OF OUR REGION, OFFER OUTSTANDING CIVIC, EDUCATIONAL, RECREATIONAL, WELLNESS AND CULTURAL PROGRAMMING THAT SPEAKS TO OUR CORE VALUES AND COMMON CONCERNS AS MODERN JEWS. 0 0 6124497 4800 6211256 FITNESS AND SPORTS PROGRAMSTHE OFJCC STRIVES TO ENHANCE FITNESS AND HEALTH FOR ALL BACKGROUNDS AND LEVELS IN OUR STATE OF THE ART FACILITIES. THE FITNESS AND SPORTS PROGRAMS PROMOTE ACTIVE AND HEALTHY LIFESTYLES BY ENCOURAGING PHYSICAL ACTIVITY AND FOSTERING RELATIONSHIPS THROUGH SPORTS LEAGUES, SWIMMING PROGRAMS AND EXERCISE CLASSES FOR ALL AGES. CENTER MEMBERS MAY CHOOSE TO PARTICIPATE IN A PILATES CLASS, BRUSH UP ON THEIR STROKE WITH AN AQUATICS EXPERT OR DE-STRESS WITH MEDITATION, YOGA OR MASSAGE. THE ON-SITE NUTRITIONIST, PHYSICAL THERAPIST AND PERSONAL TRAINERS PROVIDE LONG-TERM TOOLS THAT ALLOW INDIVIDUALS TO IMPROVE THEIR QUALITY OF LIFE. 2946188 253335 2611973 EARLY CHILDHOOD EDUCATION PROGRAMSTHE EARLY CHILDHOOD DEPARTMENT AND PROGRAMS SERVES CHILDREN FROM THE AGES OF TWO YEARS TO FIVE YEARS. CLASSES ARE LED BY EARLY CHILDHOOD PROFESSIONALS WHO HELP PROVIDE OPPORTUNITIES FOR EACH CHILD TO WORK ON MASTERY OF THE PHYSICAL, INTELLECTUAL, SOCIAL AND EMOTIONAL TASKS THAT ARE APPROPRIATE TO HIS OR HER INDIVIDUAL LEVEL OF DEVELOPMENT. TOTS PROGRAMS ARE AVAILABLE FOR TODDLERS. PROGRAMS ALSO INCLUDE PARENT EDUCATION, AFTER SCHOOL ENRICHMENT PROGRAMS, EXTENDED DAY PROGRAMS FOR CHILDREN OF WORKING PARENTS AND FAMILY PROGRAMMING AT HOLIDAY TIMES. 602709 148098 CULTURAL ARTS CULTURAL ARTS TRADITIONAL AND INNOVATIVE PROGRAMS IN MUSIC, DANCE, THEATER, LITERARY AND VISUAL ARTS BUILD BRIDGES, STRETCH THE IMAGINATION AND EXPOSE THE COMMUNITY TO NEW WAYS OF THINKING. THE DEPARTMENT AND ITS PROGRAMS BRINGS A FULL PROGRAM OF ECLECTIC PERFORMANCES, ART EXHIBITS AND THOUGHT PROVOKING DISCUSSIONS FOR PEOPLE OF ALL AGES TO EXPLORE AND EXPERIENCE THE BEST OF WHAT OUR CULTURE HAS TO OFFER.THE CULTURAL ARTS DEPARTMENT INCLUDES RUSSIAN PROGRAMS - THE RUSSIAN DEPARTMENT PLAYS A MAJOR ROLE IN THE INTEGRATION OF IMMIGRANTS INTO THEIR NEW SOCIETY. IT ADDS SOCIAL, CULTURAL, AND SPIRITUAL DEPTH TO THEIR LIVES, HELPING THEM PRESERVE THEIR HERITAGE WHILE ADAPTING TO LIFE IN AMERICA. THE RUSSIAN DEPARTMENT ENRICHES OUR JEWISH COMMUNITY WITH THE ENERGY, TALENTS AND EXPERIENCES THE EMIGRES BRING WITH THEM. THE DEPARTMENT IS ALSO RESEARCHING THE PROGRAM NEEDS OF THE NEXT GENERATION - THE CHILDREN OF IMMIGRANTS. THESE YOUNG PEOPLE ARE CLEARLY AMERICAN, BUT DO WANT TO HONOR THEIR RUSSIAN ROOTS. 4937486 1727155 4937486 1727155 14610880 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 69 0 1 244 1 0 0 0 0 0 1 1 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X HAIM HOVAV 6502238600 3921 FABIAN WAY PALO ALTO CA 94303 JIM BAER 2.00 X 0 0 0 STEVEN BAUMAN 2.00 X 0 0 0 STEVEN BOAL 2.00 X 0 0 0 RICK BURT 2.00 X 0 0 0 SHELLEY DORAN 2.00 X 0 0 0 BRUCE FRAM 2.00 X 0 0 0 NANETTE FREEDLAND 2.00 X 0 0 0 ANIL GODHWANI 2.00 X 0 0 0 EMERI HANDLER 2.00 X 0 0 0 STUART KLEIN 2.00 X 0 0 0 AMNON LANDAN 2.00 X 0 0 0 SHARON LESLIE 2.00 X 0 0 0 DAVID LEVINE 2.00 X 0 0 0 DARYL MESSINGER 2.00 X 0 0 0 STEPHANIE OSHMAN 2.00 X 0 0 0 ANNE PERLMAN 2.00 X 0 0 0 JULIA POPOWITZ 2.00 X 0 0 0 KEITH RAFFEL 2.00 X 0 0 0 PAUL RESNICK 2.00 X 0 0 0 ORLI RINAT 2.00 X 0 0 0 CAROL SAAL 2.00 X 0 0 0 ALBERT SCHULTZ 2.00 X 0 0 0 ALAN SATALOFF 40.00 X 580432 0 32701 JONATHAN KAPLAN 40.00 X 164666 0 12702 MIMI SELLS 40.00 X 140580 0 11211 SETH SHALET 40.00 X 113790 0 15160 MARSHA DESLAURIERS 40.00 X 124330 0 14335 1123798 0 86109 6 0 1 0 CLUB ONE INC 555 MARKET ST 13TH FL SAN FRANCISCO CA 94105 FITNESS FACILITIES MANAGEMENT 3589170 CROTHALL 955 CHESTERBROOK BLVD SUITE 300 WAYNE PA 19087 FACILITIES/MAINTENANCE SERVICES 1264878 HIGHCOM SECURITY 1440 BROADWAY SUITE 405 OAKLAND CA 94612 SECURITY SEVICES 397200 JULES AND ASSOCIATES INC 515 S FIGUEROA ST SUITE 1950 LOS ANGELES CA 55343 EQUIPMENT LEASE 272568 ACCO ENGINEERED DEPT 5147 6265 SAN FERNANDO RD GLANDALE CA 91201 ELECTRIC/MAINTENANCE SERVICES 114559 4 606196 5016442 5622638 PROGRAM REVENUE 900099 5663257 5663257 MEMBERSHIP DUES 900099 5035225 5035225 10698482 2943836 2943836 568839 223375 345464 345464 345464 832888 832888 832888 832888 76964 606196 189655 -112691 -112691 OTHER REVENUE 900099 412181 412181 412181 20742798 10698482 0 4421678 258135 258135 1209906 280741 751798 177367 3794955 3351929 124235 318791 298962 183318 85389 30255 3755083 3391182 326779 37122 404275 309783 58280 36212 1372157 1069982 266262 35913 35904 6150 29754 50550 50550 23580 16207 5915 1458 231799 195009 33392 3398 423960 386463 37497 1325629 1325098 531 122185 83735 32207 6243 1391011 1391011 4055447 3172455 868998 13994 106216 83516 22340 360 LETTER OF CREDIT FEES 1387209 1387209 FURNITURE AND EQUIPMENT 252643 191615 36722 24306 PROGRAM EXPENSES 199451 191473 7978 OTHER EXPENSES 64260 57510 6750 MEMBERSHIP DUES & FEES 47780 32566 12326 2888 24013 24013 20835110 14610880 5527414 696816 43435 198700 3452105 390566 13548830 9236982 386761 216860 64268 56961 127209087 7339548 123071401 119869539 93268145 96930338 45000 47600 2556197 2462105 236436142 229409651 2029421 2247925 796449 810699 143259792 138657925 146085662 141716549 X -14299570 -12355933 102691712 98090697 1958338 1958338 90350480 87693102 236436142 229409651 X -92312 -2565066 X X 0 1 1 X 0 X 1990200 89234546 12711682 12427926 5622638 121986992 2143611 2232257 2339057 7372183 10698482 24785590 4133811 91466803 15050739 19800109 16321120 146772582 685900 10000 45866 141200 89200 972166 0 685900 10000 45866 141200 89200 972166 145800416 24388 5690374 6381226 4135435 3512675 19744098 24388 5690374 6381226 4135435 3512675 19744098 187348 412181 599529 4158199 97157177 21431965 24122892 20245976 167116209 0.87240 0.88380 0.11810 0.10760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23113785 23113785 101689549 6782626 94906923 1560816 297021 1263795 844937 259901 585036 119869539 BANK OF AMERICA CAPITAL 84998527 F VANGUARD INVESTMENT FUND 2843856 F BOND 9087955 F 96930338 BONDS PAYABLE 134915000 INTEREST RATE HEDGING DERIVATIVES 3742925 138657925 20742798 20835110 -92312 -2565066 -2565066 -2657378 18590762 -2565066 413030 -2152036 20742798 0 20742798 21248140 413030 413030 20835110 0 20835110 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE OFJCC HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE JCC HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE JCC'S TAX POSITIONS AND CONCLUDED THAT THE JCC HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX PROVISIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE JCC IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL AND STATE TAX AUTHORITIES FOR YEARS PRIOR TO 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 223,375. FUNDRAISING DIRECT EXPENSE 189,655. PART XIII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE 189,655. RENTAL EXPENSE 223,375. AUCTION 683160 606196 76964 22205 167450 683160 606196 76964 22205 167450 189655 -112691 CA 1 0 0 0 0.00000 0 0 1 SUMMER CAMP 38 19098 T'ENNA CAMP 29 16097 EARLY CHILDHOOD EDUCATION 54 222940 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE COMMUNITY HAS BEEN ABLE TO ESTABLISH A FUND-A-NEED PROGRAM. SCHOLARSHIPS ARE AWARDED FOR OUR AWARD WINNING PRESCHOOL AND SUMMER DAY CAMP. SCHOLARSHIPS ARE BASED ON NEED ONLY AND ARE AWARDED BY OUR FINANCIAL AID COMMITTEE. THE MAXIMUM SCHOLARSHIP IS 50% OF FEES OR TUITION. FOR SINGLE PARENT HOUSEHOLDS OR IN CASES WHERE BOTH PARENTS ARE EMPLOYED, BUT THE FAMILY STILL QUALIFIES FOR FINANCIAL AID, SCHOLARSHIPS ARE ALSO AWARDED FOR OUR AFTER-CARE PROGRAMS. IF ONE PARENT IS NOT WORKING, WE DO NOT OFFER ASSISTANCE FOR AFTER-CARE. X X X X X X 0 0 0 0 0 0 0 0 0 ALAN SATALOFF 488932 0 75000 0 16500 0 15800 0 16901 0 613133 0 0 0 JONATHAN KAPLAN 161437 0 0 0 3229 0 7500 0 5202 0 177368 0 0 0 MIMI SELLS 140580 0 0 0 0 0 3819 0 7392 0 151791 0 0 0 ABAG FINANCE AUTHORITY 943130123 00037CLV0 2007-08-01 134915000 FACILITY CONSTRUCTION 0 0 0 134915000 2770793 2009 0 0 1 1 0 0 0 0 1 1 0 1 1 BANK OF AMERICA 4.833330000000 0 0 0 0 1 FORM 990, PART VI, SECTION B, LINE 11 THE OFJCC ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE CFO & CEO. THE CFO & CEO FORWARDED THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD THEIR QUESTIONS TO THE CFO/TREASURER. EITHER THE CFO OR THE ACCOUNTING FIRM ADDRESSED THE QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION SENDS OUT POLICY REMINDERS AND MAINTAINS OVERALL OVERSIGHT TO POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 CEO - APPROVAL BY BOARD AND EXECUTIVE COMMITTEE. OFFICERS AND KEY EMPLOYEES - REVIEW OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION APPROVAL BY HR AND CEO WITHIN AN APPROVED BUDGET BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST WITH THE PUBLIC DISCLOSURE VERSION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,565,066. THE ROLE OF THE AUDIT COMMITTEE FORM 990, PART XII, LINE 2C THE ROLE AND PROCESS OF THE AUDIT COMMITTEE HAVE NOT CHANGED FROM THE PRIOR YEAR.