2025-06-18T16:36:46-05:00 2024-08-31 341900735 CBIZ ADVISORS LLC 2255 GLADES ROAD SUITE 321A BOCA RATON FL 33431 990 2023-09-01 272296079 FEDERATION CCRC OPERATIONS CORP FEDE 5618523100 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 MEL LOWELL SECRETARY & TREASURER 5618523100 2025-06-18 1 1 MICHAEL FISHER P01243324 5619945050 2025-06-18 2023 2025-03-06 01:10:19Z MEL LOWELL 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 55914743 0 X WWW.JEWISHBOCA.ORG X 2010 FL TO FURTHER THE WELFARE OF THE JEWISH COMMUNITY IN SOUTH PALM BEACH COUNTY AND ELSEWHERE. 4 4 562 0 0 0 48818 0 44576888 48774570 1352817 1695561 0 11000 45978523 50481131 0 0 0 0 19747362 20177196 0 0 0 37583242 38632867 57330604 58810063 -11352081 -8328932 345090703 342400655 436476318 441474102 -91385615 -99073447 TO SUSTAIN THE JEWISH COMMUNITY LOCALLY AND WORLDWIDE, AND CREATE A JEWISH FUTURE AND SUPPORT JEWISH PEOPLE WORLDWIDE. 0 0 48241186 48718580 THE ORGANIZATION WAS ORGANIZED TO RUN THE OPERATIONS OF THE SINAI RESIDENCES OF BOCA RATON - CONTINUING CARE RETIREMENT COMMUNITY. 48241186 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 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 1 128 0 1 562 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X MEL LOWELL SECRETARY & TREASURER 5618523140 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 33428 BARRY PODOLSKY DIRECTOR 6.00 5.00 X 0 0 0 DAVID GALPERN DIRECTOR 2.00 5.00 X 0 0 0 DR GAIL RUBIN KWAL DIRECTOR 2.00 3.00 X 0 0 0 KAREN DERN DIRECTOR 2.00 5.00 X 0 0 0 JILL ROSE CHAIRPERSON JFSPC 3.00 8.00 X 0 0 0 TODD POLIKOFF CHIEF PROFESSIONAL OFFICER (COO) JFSPC 1.00 39.00 X 0 263721 13980 MEL LOWELL TREASURER AND SECRETARY 20.00 20.00 X 108805 108805 5496 WES FINCH CHAIRPERSON 10.00 6.00 X 0 0 0 MATT LEVIN PRESIDENT 5.00 35.00 X 240012 240013 48091 AUTHUR GOLDBERG VP AND ASST TREASURER 5.00 21.00 X 0 0 0 348817 612539 67567 2 0 1 0 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 THERAPY SERVICES 2019599 STUDIOSIX5 LLC 811 BARTON SPRINGS ROAD SUITE 800 AUSTIN NY 78704 INTERIOR DESIGN SERVICES 1319174 CHENEY BROTHERS INC ONE CHENEY WAY RIVIERA BEACH FL 33404 FOOD AND CULINARY SUPPLIES 1116357 TAW POWER SYSTEMS INC PO BOX 604120 CHARLOTTE NC 28260 GENERATOR 954517 SAGEVIEW CONSULTING 112 WEST 34TH ST NEW YORK NY 10120 HR SERVICES 718467 45 RESIDENTIAL SERVICES 531110 43108726 43108726 AMORTIZATION OF DEFERRED ENTRANCE 531110 5665844 5665844 48774570 827457 827457 6301716 5366622 66990 935094 -66990 868104 -66990 935094 OTHER INCOME 11000 11000 11000 50481131 48718580 0 1762551 X 17377460 13534136 3843324 2799736 2180526 619210 5536505 3388018 2148487 8615898 7567970 1047928 10196154 8956024 1240130 1545894 1357871 188023 MEALS, SUPPLIES, AND OT 4062582 4062582 UTILITIES 2619656 2301035 318621 MAINTENANCE AND REPAIR 1896419 1665763 230656 PROPERTY TAXES 1840982 1617068 223914 2318777 1610193 708584 58810063 48241186 10568877 0 8204576 4726696 9006674 11659971 2286789 2403898 2229517 1450513 337733898 55397162 287402273 282336736 19644160 20945608 16316714 18877233 345090703 342400655 5592390 5877053 30312048 29838719 172899364 174006766 227672516 231751564 436476318 441474102 X -91385615 -99073447 -91385615 -99073447 345090703 342400655 -8328932 641100 0 X X 0 1 X 1 0 X 8376926 672155 429263 48818 9527162 29842452 31745164 32186818 44576888 48774570 187125892 38219378 32417319 32616081 44625706 48774570 196653054 0 0 0 196653054 1313064 804976 262468 1366693 1762551 5509752 1313064 804976 262468 1366693 1762551 5509752 10500 2500 1750500 11000 1774500 39542942 33224795 34629049 45992399 50548121 203937306 0.96430 0.96610 0.02700 0.02420 X 16436390 16436390 296831344 41269223 255562121 5451356 2301191 3150165 18138574 11297079 6841495 876234 529669 346565 282336736 CORPORATE BONDS 6312982 F EXCHANGE TRADED FUNDS 7850455 F GOVERNMENT BONDS 1304835 F ISRAEL BONDS 5043848 F MONEY MARKET FUNDS 433488 F 20945608 SECURITY DEPOSITS 109584 DEPOSIT WITH TRUSTEE 13148109 CONSTRUCTION IN PROGRESS 5356785 CAPITALIZED COMMISSIONS 231841 DUE FROM (PHASE III) EXPANSION CLOSING 30914 18877233 RESERVATION DEPOSITS 721292 DUE TO FEDERATION CCRC DEVELOPMENT LLC 30426 DUE TO JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY, INC. 2158155 REFUNDABLE ENTRANCE FEES 228841691 231751564 X 51189221 641100 641100 50548121 -66990 -66990 50481131 58877053 66990 66990 58810063 0 58810063 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF AUGUST 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN (LOSS) ON DISPOSAL OF FIXED ASSETS -66,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: (GAIN)LOSS ON DISPOSAL OF FIXED ASSETS 66,990. X X X 0 0 0 0 0 0 0 0 0 MATT LEVIN PRESIDENT 217350 217350 0 0 22662 22663 0 0 24046 24045 264058 264058 0 0 TODD POLIKOFF CHIEF PROFESSIONAL OFFICER (COO) JFS 0 233033 0 0 0 30688 0 2600 0 11380 0 277701 0 0 MEL LOWELL TREASURER AND SECRETARY 100481 100481 0 0 8324 8324 2009 2010 739 738 111553 111553 0 0 A PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 592615636 2020-09-15 47845000 TO ACQUIRE, CONSTRUCT AND EQUIP A CONTINUING CARE RETIREMENT COMMUNITY 0 0 0 B PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 592615636 2022-03-01 125345000 TO ACQUIRE, CONSTRUCT AND EQUIP A CONTINUING CARE RETIREMENT COMMUNITY 0 0 0 A 48306704 4511878 5005231 972190 516707 37300698 2023 0 0 1 0 B 127361235 8093900 24345278 3606483 1339120 89976454 2016 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 PART I, LINE A THIS BOND WAS ISSUED AT A PREMIUM OF $1,227,224. THE CURRENT BALANCE OF THE PREMIUM IS $977,656 AFTER TOTAL BOND AMORTIZATION OF $249,568. THERE WAS ALSO AN UNDERWRITER'S DISCOUNT OF $765,520. PART I, LINE B THIS BOND WAS ISSUED AT A DISCOUNT OF $4,031,755. THE CURRENT BALANCE OF THE DISCOUNT IS $3,518,664 AFTER TOTAL BOND AMORTIZATION OF $513,091. THERE WAS ALSO AN UNDERWRITER'S DISCOUNT OF $2,005,520. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS PERSONS WHO HAVE THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY ANDREA KALKSTEIN, ASSOCIATE VP OF FINANCE. IT IS THEN VETTED BY MEL LOWELL, THE SECRETARY & TREASURER, WHO ALSO SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS ENFORCED THROUGH THE AUDIT COMMITTEE. THE BOARD OF DIRECTORS IS GIVEN A CONFLICT OF INTEREST POLICY ANNUALLY AND MUST ACKNOWLEDGE IN WRITING THAT IT WAS RECEIVED. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS WILL BE FURNISHED UPON REQUEST. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 1,327,913. MANAGEMENT AND GENERAL EXPENSES 92,999. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,420,912. GENERAL AND ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 257,969. MANAGEMENT AND GENERAL EXPENSES 526,037. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 784,006. NON RECURRING EXPENSES: PROGRAM SERVICE EXPENSES 24,311. MANAGEMENT AND GENERAL EXPENSES 89,548. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 113,859. FORM 990, PAGE 12, PART XII, QUESTION 2C NO CHANGE IN PROCESS FROM THE PRIOR YEAR NOTED. JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 591945109 FURTHER THE WELFARE OF THE JEWISH COMMUNITY IN SOUTH PALM BEACH COUNTY FL 501(C)(3) 170(B)(1)(A) N/A 0 JEWISH COMMUNITY FACILITIES CORPORATION 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 650446896 HOLD TITLE TO & COLLECT INCOME FROM REAL PROPERTY ON THE JFSPBC INC CAMPUS FL 501(C)(2) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FEDERATION CCRC DEVELOPMENT LLC E 30426 FMV - CASH JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC E 2158155 FMV - CASH