2011-11-07T14:39:34-06:00 2010-12-31 LARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2010-01-01 430681477 JEWISH COMMUNITY CENTER OF ST LOUIS JEWI 3144325700 2 MILLSTONE CAMPUS DRIVE ST LOUIS MO 631465796 LYNN WITTELS 3144325700 2011-11-03 1 3149254300 2010 2016-03-07 17:11:31Z LYNN WITTELS 2 MILLSTONE CAMPUS DR ST LOUIS MO 63146 25968343 0 X WWW.JCCSTL.COM X 1952 MO TO PROVIDE HEALTH AND WELFARE SERVICES TO THE ST LOUIS COMMUNITY 62 62 1042 19731 0 0 9865571 10438280 6280938 7440523 -11807 401326 490986 541369 16625688 18821498 479781 467709 0 0 9281851 9743099 0 0 866920 9032909 12220365 18794541 22431173 -2168853 -3609675 89905190 86424662 56342653 56206844 33562537 30217818 X THE ST. LOUIS JEWISH COMMUNITY CENTER IS AN INTERACTIVE MULTI-GENERATIONAL GATHERING PLACE WHICH; IMPARTS JEWISH VALUES, PROMOTES INDIVIDUAL PHYSICAL AND SPIRITUAL GROWTH, CREATES A CARING RESPONSIBLE COMMUNITY AND SUPPORTS THOSE IN NEED, ENCOURAGES AN APPRECIATION FOR OUR JEWISH IDENTITY, HISTORY AND CULTURAL HERITAGE THROUGH EFFECTIVE AND INNOVATIVE EDUCATION, PROGRAMMING AND SERVICES, FOSTERS CONNECTION, JEWISH CONTINUITY AND CREATES JEWISH MEMORIES IN AN INCLUSIVE AND WELCOMING ENVIRONMENT. 0 0 2733486 2042136 EARLY CHILDHOOD EDUCATION - THE JCC EARLY CHILDHOOD CENTER, IN PARTNERSHIP WITH OUR FAMILIES, IS COMMITTED TO PROVIDING QUALITY CARE AND EDUCATION THAT EMBRACES THE DEVELOPMENT OF CHILDREN'S MIND, BODY AND SOUL. WE STIMULATE THE MINDS OF YOUNG CHILDREN THROUGH AN INNOVATIVE AND INDIVIDUALIZED CURRICULUM IMPLEMENTED BY A WELL-TRAINED STAFF IN A SAFE, NURTURING, AND DEVELOPMENTALLY APPROPRIATE ENVIRONMENT. CHILDREN DEVELOP THEIR BODIES AND ARE ENCOURAGED TO ADOPT HEALTHY LIFESTYLE HABITS THROUGH A PHYSICAL EDUCATION PROGRAM THAT UTILIZES THE BEST OF THE JCC'S RESOURCES IN FITNESS, RECREATION, AND AQUATICS. THE SOUL IS NURTURED THROUGH LIVING JEWISH VALUES AND JEWISH EXPERIENCES IN AN ENVIRONMENT THAT APPRECIATES AND RESPECTS THE DIVERSITY OF THE CHILDREN AND THEIR FAMILIES PARTICIPATING IN OUR PROGRAM. IN 2010, THE EARLY CHILDHOOD CENTER SERVED OVER 250 CHILDREN BETWEEN BOTH JCC LOCATIONS. RECOGNIZING THAT NOT ALL FAMILIES CAN AFFORD HIGH QUALITY CARE AND EDUCATION FOR THEIR CHILDREN, THE JCC PROVIDED NEARLY $300,000 IN FINANCIAL ASSISTANCE TO OUR FAMILIES. BOTH FACILITIES ARE ACCREDITED BY MISSOURI VOLUNTARY ACCREDITATION AND UTILIZE THE PROJECT CONSTRUCT CURRICULUM. 2443134 2037736 CAMP SABRA - CAMP SABRA IS THE PREMIER JEWISH RESIDENT CAMP IN NORTH AMERICA BUILDING UPON OUR RICH TRADITIONS WHICH BEGAN IN 1938. SABRA IS A MAGICAL COMMUNITY THAT FOSTERS LIFE-LONG FRIENDSHIPS, JEWISH IDENTITY, AND ENCOURAGES SOCIAL AND PHYSICAL GROWTH. SABRA ACCOMPLISHES THIS BY EMPLOYING HIGHLY QUALIFIED, WELL-TRAINED STAFF WHO UTILIZE OUR UNIQUE FACILITIES TO PROVIDE THESE EXPERIENCES. OUR FAMILIES CONTINUE TO TELL US THROUGH SURVEYS WHICH BENCHMARK OUR PERFORMANCE AGAINST OTHER CAMPS THAT OUR PROGRAMMING (OUTDOOR ADVENTURE/EDUCATION, CULTURAL PROGRAMMING, WATER AND LAND SPORTS) IS SUPERIOR TO OTHER CAMPS. IN 2010, CAMP SABRA SERVED NEARLY 500 CHILDREN FROM 15 DIFFERENT STATES ACROSS THE COUNTRY. WITH THE HELP OF THE GRINSPOON INSTITUTE FOR JEWISH PHILANTHROPY, SABRA BEGAN IMPLEMENTING ITS STRATEGIC PLAN AND EMBARKED ON A $6 MILLION CAPITAL CAMPAIGN. TO DATE, WE HAVE RAISED $1 MILLION AND ARE WELL ON OUR WAY TO ACHIEVING OUR GOAL. ADDITIONALLY, A PARTNERSHIP WITH THE FOUNDATION FOR JEWISH CAMP ALLOWED CAMP SABRA TO ALLOCATE OVER $100,000 IN FINANCIAL ASSISTANCE TO MAKE THE SABRA EXPERIENCE MORE ACCESSIBLE TO EVERYONE. CAMP SABRA CONTINUES TO WORK WITH COMMUNITY PARTNERS SUCH AS THE UNIVERSITY OF MISSOURI AND THE MISSOURI CHILDREN'S BURN CAMP TO PROVIDE MEANINGFUL EXPERIENCES NOT JUST FOR SUMMER CAMPERS, BUT FOR THE COMMUNITY AT LARGE AS WELL. 916991 354630 CULTURAL ARTS- THE JCC HAS A RICH TRADITION IN BRINGING JEWISH CULTURAL OPPORTUNITIES TO ITS MEMBERS AND THE ST. LOUIS COMMUNITY. IN MAINTAINING THAT LONG STANDING TRADITION, THE FOCUS OF THE ROSWELL AND WILMA MESSING CULTURAL ARTS DEPARTMENT HAS BEEN ON THEATRE, FILM AND LITERATURE. THE ST. LOUIS JEWISH BOOK FESTIVAL ALLOWS PROMINENT AUTHORS TO SHOWCASE THEIR LATEST WORKS AND LETS THE READERS GET UP CLOSE AND PERSONAL. OVER THIRTY-FIVE AUTHORS VISIT THE FESTIVAL THROUGHOUT THE YEAR WITH A CONCENTRATION DURING JEWISH BOOK MONTH, A TEN DAY PERIOD. IT IS THE LARGEST ATTENDED JEWISH BOOK FESTIVAL IN THE COUNTRY WITH AUDIENCES OF MORE THAN 10,000 ANNUALLY.OUR NEW JEWISH THEATRE HAS WON SIX KEVIN KLINE AWARDS (RECOGNIZING OUTSTANDING ACHIEVEMENT IN PROFESSIONAL THEATRE IN THE GREATER ST. LOUIS AREA) SINCE THE INCEPTION OF THE AWARDS PROGRAM FIVE YEARS AGO -- CAPTURING MANY HIGH HONOR AWARDS SUCH AS OUTSTANDING ACTRESS, OUTSTANDING SUPPORTING ACTOR AND OUTSTANDING DIRECTOR OF A PLAY. THIS PROGRAM PRODUCES A FULL SEASON OF FIVE SHOWS ANNUALLY WHICH ARE SEEN BY MORE THAN 6000 AUDIENCE MEMBERS.THE ST. LOUIS JEWISH FILM FESTIVAL BRINGS POIGNANT FILMS AND FILMMAKERS, AS THEY RELATE TO JEWISH VALUES, CULTURE AND/OR HISTORY AND IS A LARGELY ATTENDED EVENT.THE J'S YOUTH THEATRE PROGRAM INTRODUCES THE FUN OF PERFORMING IN FRONT OF A LIVE AUDIENCE WHILE TEACHING ST. LOUIS CHILDREN ALL ABOUT DRAMA, COSTUMING AND THEATRICS. THEATRE UNLIMITED, A PROGRAM DESIGNED FOR ADULTS WITH DISABILITIES, HAS BROUGHT THE EXCITEMENT OF THEATRICAL PERFORMING TO LIFE! PARTICIPANTS ACT, SING, DANCE AND SHINE ON CENTER STAGE, ALL IN A BARRIER-FREE SETTING. 8774748 1537904 HEALTH AND WELLNESS 1342133 215369 JEWISH COMMUNITY LIFE 1530875 459945 SENIOR ADULT - PROVIDES MANY SERVICES TO THE ELDERLY INCLUDING TRANSPORTATION, DAYCARE, AND ALZHEIMER'S PROGRAMMING. IT SERVES THE NEEDS OF OVER 400 SENIOR CITIZENS. 327122 792803 DAY CAMP 11974878 3006021 18068489 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 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 59 0 1 1042 1 0 0 0 0 0 0 0 0 0 0 0 0 X 62 62 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JEWISH COMMUNITY CENTER 3144325700 2 MILLSTONE CAMPUS DRIVE ST LOUIS MO 63146 MICHAEL STAENBERG 1.00 X X 0 0 0 JONATHAN DEUTSCH 1.00 X X 0 0 0 BETHE GROWE 1.00 X X 0 0 0 MICHAEL OBERLANDER 1.00 X X 0 0 0 JANE RUBIN 1.00 X X 0 0 0 MIKE FERMAN 1.00 X X 0 0 0 MARK FELDMAN 1.00 X 0 0 0 MARK CANTOR 1.00 X X 0 0 0 RICHARD LEVY 1.00 X 0 0 0 MARILYN FOX 1.00 X 0 0 0 MARK GELLMAN 1.00 X 0 0 0 THOM KUHN 1.00 X 0 0 0 MARTIN OBERMAN 1.00 X 0 0 0 SANFORD POMERANTZ 1.00 X 0 0 0 JUDITH SCISSORS 1.00 X 0 0 0 TODD SIWAK 1.00 X 0 0 0 ELAINE TENZER 1.00 X 0 0 0 BETTE ABELES 1.00 X 0 0 0 ELI ABELES 1.00 X 0 0 0 CYNTHIA ALBIN 1.00 X 0 0 0 MARC ALPER 1.00 X 0 0 0 ROB BERTMAN 1.00 X 0 0 0 BRUCE BERWALD MD 1.00 X 0 0 0 ALAN BORNSTEIN 1.00 X 0 0 0 HARVEY BROWN 1.00 X 0 0 0 LAURIE CHOD 1.00 X 0 0 0 CHARLES EISENKRAMER 1.00 X 0 0 0 MARLYN ESSMAN 1.00 X 0 0 0 HARRIS FRANK 1.00 X 0 0 0 PAUL GALLANT 1.00 X 0 0 0 HARVEY GERSHENSON 1.00 X 0 0 0 HARVEY GERSTEIN 1.00 X 0 0 0 STEVEN GOLDENBERG 1.00 X 0 0 0 HOWARD HEARSH 1.00 X 0 0 0 STANLEY HOFFMAN 1.00 X 0 0 0 FRANK JACOBS 1.00 X 0 0 0 WILLIAM KAHN 1.00 X 0 0 0 DAVID KAISER 1.00 X 0 0 0 MARK KODNER 1.00 X 0 0 0 DEBBIE LEFTON 1.00 X 0 0 0 HOWARD LESSER 1.00 X 0 0 0 RONALD LIGHT 1.00 X 0 0 0 MATTHEW LITWACK 1.00 X 0 0 0 LUCY LOPATA 1.00 X 0 0 0 ALICE LUDMER 1.00 X 0 0 0 FELICIA MALTER 1.00 X 0 0 0 HELENE MIROWITZ 1.00 X 0 0 0 SARAH OBERMAN 1.00 X 0 0 0 LENORE PEPPER 1.00 X 0 0 0 JEROME RASKAS 1.00 X 0 0 0 MONTE SANDLER 1.00 X 0 0 0 EILEEN SCHECHTER 1.00 X 0 0 0 BARRIE SHER 1.00 X 0 0 0 DAVID SHERMAN III 1.00 X 0 0 0 TRACEY SINGER 1.00 X 0 0 0 STACY SIWAK 1.00 X 0 0 0 JULIE STERN 1.00 X 0 0 0 SCOTT STERN 1.00 X 0 0 0 MORRIS STERNECK 1.00 X 0 0 0 STEVEN TUCKER 1.00 X 0 0 0 HARVEY WALLACE 1.00 X 0 0 0 MARVIN WOOL 1.00 X 0 0 0 MITCH BARIS 1.00 X 0 0 0 ALAN CHARLSON 1.00 X 0 0 0 MARIANNE CHERVITZ 1.00 X 0 0 0 JIM DEUTSCH 1.00 X 0 0 0 JEFF FOX 1.00 X 0 0 0 JUDY SCHWARTZ JAFFE 1.00 X 0 0 0 KEN KRAUS 1.00 X 0 0 0 JAY LAZAROFF 1.00 X 0 0 0 RENEE MONSEY 1.00 X 0 0 0 STACY RUBENSTEIN 1.00 X 0 0 0 FRANCINE SCHRAIER 1.00 X 0 0 0 MYLES TENZER 1.00 X 0 0 0 SUE WALLACH 1.00 X 0 0 0 JASON WALLIS 1.00 X 0 0 0 ALVIN WOLFF 1.00 X 0 0 0 LYNN WITTELS 40.00 X 246867 0 9304 STEVEN ROSENZWEIG 40.00 X 113805 0 11399 360672 0 20703 2 0 1 0 SM WILSON & CO PO BOX 5210 ST LOUIS MO 63139 CONSTRUCTION 7542628 WESTPORT POOLS INC 156 WELSON PKWY SUITE B MARYLAND HEIGHTS MO 63043 CONSTRUCTION 2731305 CLUB ONE INC 555 MARKET ST SUITE 1300 SAN FRANCISCO CA 94105 FITNESS CONSULTATION 271069 IKON OFFICE SOLUTIONS PO BOX 534777 ATLANTA GA 303534777 GRAPHIC DESIGN/PRINTING 237484 CLEANSERV INC PO BOX 434085 ST LOUIS MO 63143 JANITORIAL SERVICES 203669 9 2609509 4620717 154769 3053285 10438280 EARLY CHILDHOOD 900099 2042136 2042136 CAMP SABRA 900099 2037736 2037736 HEALTH AND WELLNES 900099 1537904 1537904 DAY CAMP 900099 792803 792803 SENIOR ADULT 900099 459945 459945 569999 569999 7440523 241417 241417 440315 440315 440315 440315 7239885 7079976 159909 159909 159909 66869 154769 66869 0 MISCELLANEOUS 900099 101054 101054 101054 18821498 7440523 0 942695 467709 467709 381375 313663 51158 16554 9361724 7699575 1255785 406364 984305 534912 446261 3132 112594 34445 78149 727726 519972 187711 20043 90358 10360 79998 2077283 1910277 167006 310320 271455 38318 547 44026 41735 2291 2441413 2216185 225228 3027287 2748012 279275 FOOD 740593 646494 48934 45165 REPAIRS & MAINTENANCE 227137 215136 12001 RENTAL 32211 29711 2500 BANK & CREDIT CARD FEES 25317 4794 20523 1379795 404054 600626 375115 22431173 18068489 3495764 866920 4701 4567 2723409 2454619 3945851 3372757 166712 129148 200746 142065 79554565 14860375 58742314 64694190 5377799 1963415 11503542 12233947 7240116 1429954 89905190 86424662 4107067 1905502 1004294 947147 45000000 45000000 936394 2267654 5294898 6086541 56342653 56206844 X 20544795 21806021 8745417 4092482 4272325 4319315 33562537 30217818 89905190 86424662 X -3609675 264956 X X 0 1 1 X 0 X 14618395 18805214 9651773 9865571 10320978 63261931 5082746 7652973 5781131 6280938 7440523 32238311 19701141 26458187 15432904 16146509 17761501 95500242 8062880 2165765 3382327 6766679 1178952 21556603 0 8062880 2165765 3382327 6766679 1178952 21556603 73943639 478035 900254 1724041 349821 841641 4293792 478035 900254 1724041 349821 841641 4293792 148619 242114 205608 204546 101054 901941 20327795 27600555 17362553 16700876 18704196 100695975 0.73430 0.73540 0.04260 0.03980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4272325 46990 4319315 4223559 48766 4272325 4314723 67110 158275 4223558 1.00000 1 0 2761635 2761635 68152273 9355394 58796879 396772 324335 72437 7697239 5180646 2516593 546646 546646 64694190 ASSETS HELD BY OTHERS 12233947 F 12233947 DEFERRED COMPENSATION 112472 ACCRUED PENSION 2335777 VALUATION OF INTEREST RATE SWAP AGREEMENT 3638292 6086541 18821498 22431173 -3609675 264956 264956 -3344719 18618745 -202753 -202753 18821498 0 18821498 21963464 0 21963464 467709 467709 22431173 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: USED AS REQUIRED BY DONOR INTENTIONS AND JCC SPENDING POLICIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE J HAS A TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND MISSOURI STATUTE. ACCORDINGLY, THE J IS NOT SUBJECT TO FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE CODE. THE J HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS QUALIFY AS A CHARITABLE TAX DEDUCTIBLE FOR THE CONTRIBUTOR. THE J FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BY CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE J'S 2008, 2009, AND 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUATION OF INTEREST RATE SWAP AGREEMENT -387,278. CHANGE IN INTEREST IN NET ASSETS OF JEWISH FEDERATION OF ST. LOUIS 1,090,568. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -34,852. NET PERIODIC PENSION GAIN/(LOSS) -403,482. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUATION OF INTEREST RATE SWAP AGREEMENTS -387,278. CHANGE IN INVESTMENTS HELD BY JEWISH FEDERATION OF ST. LOUIS 1,090,568. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -34,852. NET PERIODIC PENSION COST -403,482. GRANTS INCLUDED IN REVENUE FOR AUDIT -467,709. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ADJUSTMENT TO REPORT GRANTS PAID 467,709. GOLF TOURNAMENT 124935 80226 44709 3680 11900 10578 6993 DANCING IN THE LOOP 96703 74543 22160 642 8041 19373 1182 4480 221638 154769 66869 4322 19941 29951 1182 11473 66869 0 1 SCHOLARSHIPS 541 467709 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE JEWISH COMMUNITY CENTER HAS A SCHOLARSHIP PROGRAM BY WHICH PEOPLE APPLY FOR NEED BASED SCHOLARSHIPS FOR MEMBERSHIP, EARLY CHILDHOOD, DAY/RESIDENT CAMP AND OTHER PROGRAMS. X X X X 0 0 0 0 0 0 0 0 0 LYNN WITTELS 221867 0 25000 0 0 0 0 0 9304 0 256171 0 0 0 MISSOURI DEVELOPMENT FINANCE BOARD 431387649 60636VBF3 2007-12-13 45000000 CONSTRUCTION AND RENOVATION OF FACILITIES 0 0 0 45000000 354152 44645848 2010 0 0 1 1 0 0 0 0 1 0 1 0 BANK OF AMERICA 360.000000000000 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ALL BOARD MEMBERS ARE INDEPENDENT. NONE OF THE BOARD MEMBERS RECEIVED COMPENSATION FOR BEING ON THE BOARD. HOWEVER, THERE ARE SOME FAMILY RELATIONSHIPS. BETTE & ELI ABELES- FAMILY RELATIONSHIP STACY & TODD SIWAK- FAMILY RELATIONSHIP JULIE & SCOTT STERN- FAMILY RELATIONSHIP SARAH OBERMAN & MARTIN OBERMAN- FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 AFTER THE 990 IS PREPARED AND REVIEWED BY JCC STAFF AND EXTERNAL AUDITOR IT WILL BE SHARED WITH THE AUDIT COMMITTEE AND THEN THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY OUR BOARD SIGNS AND DISCLOSES A CONFLICT OF INTEREST POLICY. WE ALSO HAVE AN EMPLOYEE CONFLICT OF INTEREST POLICY. WE FOLLOW THE GUIDELINES ESTABLISHED IN THOSE POLICIES WHEN A POTENTIAL CONFLICT OF INTEREST ARISES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR AND CEO, IN CONJUNCTION WITH LEGAL COUNSEL, AGREE ON A COMPENSATION PACKAGE. THE CEO IS UNDER CONTRACT. THE INITIAL COMPENSATION FOR THE CEO AND CFO IS BASED ON SEVERAL FACTORS, INCLUDING MARKET RATES, SCOPE OF RESPONSIBILITY AND FINANCIAL POSITION OF THE AGENCY. ANNUAL INCREASES ARE GIVEN TO THE CFO IN ACCORDANCE WITH THE AGENCY-WIDE INCREASES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST BY CONTACTING THE EXECUTIVE OFFICES OF THE JEWISH COMMUNITY CENTER. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN VALUATION OF INTEREST RATE SWAP AGREEMENT -387,278. CHANGE IN INTEREST IN NET ASSETS OF JEWISH FEDERATION OF ST. LOUIS 1,090,568. LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -34,852. NET PERIODIC PENSION GAIN/(LOSS) -403,482. TOTAL TO FORM 990, PART XI, LINE 5: 264,956. FORM 990, PAGE 11, PART XI, LINE 2C IT IS THE POLICY OF THE JCC TO ARRANGE FOR AN ANNUAL AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS TO BE CONDUCTED BY AN INDEPENDENT ACCOUNTING FIRM. THE INDEPENDENT ACCOUNTING FIRM SELECTED BY THE JCC WILL BE REQUIRED TO COMMUNICATE DIRECTLY WITH THE ORGANIZATION'S AUDIT COMMITTEE UPON THE COMPLETION OF THEIR AUDIT. IN ADDITION, MEMBERS OF THE AUDIT COMMITTEE ARE AUTHORIZED TO INITIATE COMMUNICATION DIRECTLY WITH THE INDEPENDENT ACCOUNTING FIRM. AUDITED FINANCIAL STATEMENTS, INCLUDING THE AUDITOR'S OPINION THEREON, WILL BE SUBMITTED AND PRESENTED TO THE BOARD OF DIRECTORS BY THE INDEPENDENT ACCOUNTING FIRM AT THE ORGANIZATION'S ANNUAL MEETING, AFTER THE FINANCIAL STATEMENTS HAVE BEEN REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE MEMBERSHIP OF THE JCC AUDIT COMMITTEE, SIZE OF COMMITTEE AND TENURE OF MEMBERS SHALL BE DETERMINDED IN ACCORDANCE WITH THE AUDIT COMMITTEE CHARTER AND THE JCC BY-LAWS. THE AUDIT COMMITTEE WILL ASSIST THE BOARD OF DIRECTORS AND THE EXECUTIVE COMMITTEE IN FULFILLING ITS OVERSIGHT RESPONSIBILITY BY MONITORING: 1. THE OVERALL SYSTEMS OF INTERNAL CONTROL AND RISK MITIGATION; 2. THE INTEGRITY OF THE FINANCIAL STATEMENTS OF THE JEWISH COMMUNITY CENTER; 3. COMPLIANCE BY THE JCC WITH LEGAL AND REGULATORY REQUIREMENTS AND ETHICAL STANDARDS; AND 4. THE INDEPENDENCE AND PERFORMANCE OF THE JCC'S INDEPENDENT AUDITORS. IN FULFILLING THESE DUTIES AND RESPONSIBILITIES, THE AUDIT COMMITTEE IS ENTITLED TO EXAMINE ANY AND ALL DOCUMENTS WITHIN THE CONTROL OF THE JCC AND ITS EMPLOYEES. IN ADDITION, THE AUDIT COMMITTEE SHALL HAVE THE AUTHORITY TO CONTRACT WITH INDEPENDENT CONTRACTORS IN THE FULFILLMENT OF THE COMMITTEE'S RESPONSIBILITIES. THESE PROCEDURES ARE CONSISTENT WITH PRIOR YEARS.