2024-05-15T22:50:57-05:00 2023-06-30 946214841 ARMANINO LLP 14 PENN PLAZA SUITE 2000 NEW YORK NY 10122 990 2022-07-01 223585077 JCC FOUNDATION INC JCCF 2014081422 411 EAST CLINTON AVENUE TENAFLY NJ 07670 STEVEN ROGERS CEO 2014081422 2024-05-15 1 STEVEN ROGERS 999009999 0 MATTHEW PETROSKI P00853132 9257902600 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN ROGERS 411 EAST CLINTON AVENUE TENAFLY NJ 07670 992020 0 X N/A X 1996 NJ THE FOUNDATION OPERATES, PLANS AND MAINTANS AN ENDOWMENT TO SUPPORT THE JCC ON THE PALISADES. 5 4 0 4 0 0 0 0 0 0 20326 325181 0 0 20326 325181 0 0 0 0 0 0 0 0 0 79530 68025 79530 68025 -59204 257156 13998332 14571254 0 0 13998332 14571254 JCC FOUNDATION INC ORGANIZES, PLANS AND MAINTAINS AN ENDOWMENT TO ENRICH AND ADD TO THE SOCIAL SERVICES, EDUCATIONAL, RECREATIONAL, PUBLIC SERVICE, SOCIAL AND PHILANTHROPIC ACTIVITIES OF THE JCC ON THE PALISADES. 0 0 THE FOUNDATION GIVES GRANTS AND ALLOCATIONS TO THE JCC ON THE PALISADES, WHICH IS CONSISTENT WITH AND CARRIES OUT THE PURPOSES OF THE ORGANIZATION IN PERFORMING FUNCTIONS FOR CHARITABLE, EDUCATIONAL OR RELIGIOUS PROGRAMS. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 NJ X KEVIN CUNNINGHAM 2014081422 411 EAST CLINTON AVENUE TENAFLY NJ 07670 GARY BERNSTEIN DIRECTOR OF FINANCE 2.00 38.00 X X 0 123274 0 EDWARD GROSSMAN TRUSTEE 1.00 X 0 0 0 JOSEPH JOJO RUBACH TRUSTEE 1.00 X 0 0 0 DANIEL RUBIN TRUSTEE 1.00 X 0 0 0 PEARL SEIDEN TRUSTEE 1.00 X 0 0 0 STEVEN ROGERS CEO 2.00 38.00 X 0 275000 0 KEVIN CUNNINGHAM CFO 2.00 38.00 X 0 226850 0 0 625124 0 0 0 1 0 0 355020 355020 637000 666839 -29839 -29839 -29839 325181 0 0 325181 68025 68025 68025 0 68025 0 13998332 14571254 13998332 14571254 0 0 X 1797818 1972449 12200514 12598805 13998332 14571254 13998332 14571254 X 257156 925941 -610175 X 0 1 X 1 0 X X 1 JEWISH COMMUNITY CENTER ON THE PALISADES 221487220 10 0 68025 0 1 68025 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 13998332 46435 1163487 637000 14571254 13426503 42112 1157617 627900 13998332 12948319 532149 53965 13426503 13042946 -28357 66270 12948319 12860604 248972 66630 13042946 0.13540 0.86460 0 0 0 X PART V, LINE 4: THE JCC FOUNDATION HAS A POLICY OF MAKING QUARTERLY DISTRIBUTIONS OF 5% OF THE ENDOWMENT ASSETS FAIR MARKET VALUE AT THE BEGINNING OF THE FISCAL YEAR TO SUPPORT THE JCC ON THE PALISADES. ADDITIONAL DISTRIBUTIONS ARE MADE OCCASIONALLY WHEN THERE IS A SPECIFIC NEED BY THE JCC AND UPON APPROVAL BY THE BOARD. THE ASSET VALUATION IS REEVALUATED DURING THE YEAR FOR MAJOR SWINGS DURING THE YEAR. THE FOUNDATION GUARANTEED A LOAN OF JCC AND PLEDGED $5 MILLION OF ITS ASSETS TO SECURE THE GUARANTEE. PART X, LINE 2: THE CENTER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE JCC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. 0 0 0 0 0 0 0 0 0 STEVEN ROGERS CEO 0 275000 0 0 0 0 0 0 0 0 0 275000 0 0 KEVIN CUNNINGHAM CFO 0 191188 0 35662 0 0 0 0 0 0 0 226850 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUCH COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE TEAM OF JCC ON THE PALISADES AND THE FOUNDATION'S PRESIDENT. AFTER COMMENTS AND SUGGESTIONS ARE ADDRESSED, THE 990 IS FILED WITH THE US TREASURY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENTS TO NET ASSETS -610,175. JEWISH COMMUNITY CENTER ON THE PALISADES 411 EAST CLINTON AVENUE TENAFLY NJ 07670 221487220 COMMUNITY CENTER NJ 501(C)(3) LINE 10 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0