2026-07-15T07:18:52-05:00 2025-08-31 341900735 CBIZ ADVISORS LLC 2255 GLADES ROAD SUITE 321A BOCA RATON FL 33431 990 2024-09-01 272296079 FEDERATION CCRC OPERATIONS CORP FEDE 5618523100 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 MEL LOWELL SECRETARY & TREASURER 5618523100 2026-07-14 1 1 MICHAEL FISHER P01243324 5619945050 2026-07-14 2024 2025-03-06 01:10:19Z MEL LOWELL 9901 DONNA KLEIN BOULEVARD BOCA RATON FL 334281788 63423006 0 X WWW.JEWISHBOCA.ORG X 2010 FL TO SERVE THE COMMUNITY THROUGH THE OWNERSHIP OF A CONTINUOUS CARE RETIREMENT COMMUNITY. 5 4 560 0 0 0 0 500000 48774570 51421991 1695561 1744372 11000 27238 50481131 53693601 0 0 0 0 20177196 21498063 0 0 0 38632867 38063996 58810063 59562059 -8328932 -5868458 342400655 338545014 441474102 443337623 -99073447 -104792609 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES INCLUDING FOR SUCH PURPOSES, THE MAKE OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE ("IRC"), AND THE OWNERSHIP OF A CONTINUOUS CARE RETIREMENT COMMUNITY. 0 0 48228135 51324629 THE ORGANIZATION WAS ORGANIZED TO RUN THE OPERATIONS OF THE SINAI RESIDENCES OF BOCA RATON - CONTINUING CARE RETIREMENT COMMUNITY. 48228135 1 1 0 0 0 0 0 0 0 0 1 1 0 0 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 1 125 0 1 560 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 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 ARTHUR GOLDBERG VP AND ASST TREASURER 5.00 21.00 X 0 0 0 IGOR ALTERMAN PRESIDENT 2.00 38.00 X 0 0 0 JILL ROSE VICE PRESIDENT 3.00 8.00 X 0 0 0 MATT LEVIN FORMER PRESIDENT 5.00 35.00 X 425026 425026 21968 MEL LOWELL TREASURER AND SECRETARY 20.00 0.00 X 250000 0 0 WES FINCH CHAIRPERSON 10.00 5.00 X 0 0 0 675026 425026 21968 2 0 1 0 THE WHITING-TURNER CONTRACTING COMPANY 300 EAST JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION GC 3373747 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 THERAPY SERVICES 2055527 JEWISH FEDERATION OF SOUTH PALM BEACH (F 9901 DONNA KLEIN BLVD BOCA RATON FL 33428 VARIOUS EXPENSES 901765 US FOODS PO BOX 281838 ATLANTA GA 30384 FOOD VENDOR 860585 SAGEVIEW CONSULTING 112 WEST 34TH ST 18TH FLOOR NEW YORK NY 10120 HR SERVICES 775325 36 500000 500000 RESIDENTIAL SERVICES 531110 45217931 45217931 AMORTIZATION OF DEFERRED ENTRANCE 531110 6204060 6204060 51421991 829569 829569 10644208 9604805 124600 1039403 -124600 914803 -124600 1039403 OTHER INCOME 900099 27238 27238 27238 53693601 51324629 0 1868972 X 18334202 14222951 4111251 3163861 2454399 709462 5986493 3506963 2479530 7510180 6596738 913442 10875473 9552719 1322754 1453041 1276312 176729 MEALS, SUPPLIES, AND OT 3604133 3604133 UTILITIES 2584742 2270367 314375 MAINTENANCE AND REPAIR 1957468 1719387 238081 PROPERTY TAXES 1585183 1392382 192801 2507283 1631784 875499 59562059 48228135 11333924 0 4726696 3890134 11659971 13074789 2403898 2364908 1450513 1402335 345486130 65978196 282336736 279507934 20945608 24131524 18877233 14173390 342400655 338545014 5877053 5290645 29838719 30889485 174006766 173303799 231751564 233853694 441474102 443337623 X -99073447 -104792609 -99073447 -104792609 342400655 338545014 -5868458 149296 0 X X 0 1 X 1 0 X 672155 429263 48818 500000 1650236 31745164 32186818 44576888 48774570 51421991 208705431 32417319 32616081 44625706 48774570 51921991 210355667 0 0 0 210355667 804976 262468 1366693 1762551 1868972 6065660 804976 262468 1366693 1762551 1868972 6065660 2500 1750500 11000 27238 1791238 33224795 34629049 45992399 50548121 53818201 218212565 0.96400 0.96430 0.02780 0.02700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16436390 16436390 296831344 48875621 247955723 8353974 3043734 5310240 22988188 13428349 9559839 876234 630492 245742 279507934 CORPORATE BONDS 8746969 F EXCHANGE TRADED FUNDS 7292859 F GOVERNMENT BONDS 1526636 F ISRAEL BONDS 4970568 F MONEY MARKET FUNDS 1594492 F 24131524 RESERVATION DEPOSITS 1200256 DUE TO FEDERATION CCRC DEVELOPMENT LLC 30426 DUE TO JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY, INC. 2158155 REFUNDABLE ENTRANCE FEES 230464857 233853694 X 53967497 149296 149296 53818201 -124600 -124600 53693601 59686659 124600 124600 59562059 0 59562059 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, 2025, 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 -124,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: (GAIN)LOSS ON DISPOSAL OF FIXED ASSETS 124,600. X X X 1 1 0 0 0 0 0 0 0 MATT LEVIN FORMER PRESIDENT 114861 114861 0 0 310165 310165 0 0 10984 10984 436010 436010 0 0 MEL LOWELL TREASURER AND SECRETARY 250000 0 0 0 0 0 0 0 0 0 250000 0 0 0 PART I, LINES 4A-B MATTHEW LEVIN RECEIVED SEVERANCE PAYMENTS TOTALING $217,350 AND $392,633 OF 457F PAYOUTS FROM ALL ORGANIZATIONS. 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 0 0 B 655000 127361235 8093900 24345278 3606483 1339120 89976454 2016 0 0 0 0 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 $917,749 AFTER TOTAL BOND AMORTIZATION OF $309,475. 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 $3,313,231 AFTER TOTAL BOND AMORTIZATION OF $718,524. 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 1,332,065. MANAGEMENT AND GENERAL EXPENSES 63,503. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,395,568. GENERAL AND ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 190,986. MANAGEMENT AND GENERAL EXPENSES 732,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 923,485. NON RECURRING EXPENSES: PROGRAM SERVICE EXPENSES 108,733. MANAGEMENT AND GENERAL EXPENSES 79,497. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 188,230. 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 1 0 0 0 FEDERATION CCRC DEVELOPMENT LLC E 30426 FMV - CASH JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC E 2158155 FMV - CASH JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC P 901765 FMV - CASH