Civic Intelligence

Council for Jewish Elderly Endowment Foundation

990 • Fiscal year 2016 • EIN 36-4310834

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 07, 2017

Organization ProfileN/A
30 South Wells Street No 4049Chicago, IL 60606

(312) 357-4790

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

3rd percentile

-109%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$398,162

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 30.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

8th percentile

-11%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-39%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$19,168,554

Down $2,403,918 (-11%) from 2015

Net Assets

Down

$19,168,554

Down $2,403,918 (-11%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin3rd percentile

Revenue

Down

$1,313,464

Down $836,821 (-39%) from 2015

Expenses

Down

$2,742,797

Down $783,687 (-22%) from 2015

Net Income

Down

-$1,429,333

Down $53,134 (-3.9%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $21,204,054Liabilities 2010: $0Net Assets 2010: $21,204,0542010Assets 2012: $20,290,160Liabilities 2012: $0Net Assets 2012: $20,290,1602012Assets 2013: $20,314,697Liabilities 2013: $0Net Assets 2013: $20,314,6972013Assets 2014: $23,856,908Liabilities 2014: $0Net Assets 2014: $23,856,9082014Assets 2015: $21,572,472Liabilities 2015: $0Net Assets 2015: $21,572,4722015Assets 2016: $19,168,554Liabilities 2016: $0Net Assets 2016: $19,168,5542016Assets 2017: $19,088,642Liabilities 2017: $0Net Assets 2017: $19,088,6422017Assets 2018: $20,637,214Liabilities 2018: $0Net Assets 2018: $20,637,2142018Assets 2019: $21,086,578Liabilities 2019: $0Net Assets 2019: $21,086,5782019Assets 2020: $20,997,167Liabilities 2020: $0Net Assets 2020: $20,997,1672020Assets 2022: $22,326,419Liabilities 2022: $0Net Assets 2022: $22,326,4192022

Highlighted filing

2016

Assets$19,168,554
Liabilities$0
Net Assets$19,168,554
Open 2016 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,536,7392010Expenses 2012: $2,854,2152012Expenses 2013: $3,879,8222013Revenue 2014: $3,252,297Expenses 2014: $2,658,389Net Income 2014: $593,9082014Revenue 2015: $2,150,285Expenses 2015: $3,526,484Net Income 2015: -$1,376,1992015Revenue 2016: $1,313,464Expenses 2016: $2,742,797Net Income 2016: -$1,429,3332016Revenue 2017: $581,425Expenses 2017: $1,950,093Net Income 2017: -$1,368,6682017Revenue 2018: $3,206,310Expenses 2018: $1,284,238Net Income 2018: $1,922,0722018Revenue 2019: $2,055,694Expenses 2019: $1,478,897Net Income 2019: $576,7972019Revenue 2020: $1,268,987Expenses 2020: $1,206,611Net Income 2020: $62,3762020Revenue 2022: $1,957,737Expenses 2022: $1,384,815Net Income 2022: $572,9222022

Highlighted filing

2016

Revenue$1,313,464
Expenses$2,742,797
Net Income-$1,429,333
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 7, 2017
Return Version
2015v3.0
Gross Receipts
$3,779,726
Mission and Program Overview

Mission

The foundation was established exclusively for the benefit of and to carry out the purposes of the council for jewish elderly, a not-for-profit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$21,531,366$18,479,887▼ $3,051,479
Total Assets$21,572,472$19,168,554▼ $2,403,918
Other Assets Total$41,106$688,667▲ $647,561
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$19,944,524$17,647,600▼ $2,296,924
Temporarily Rstr Net Assets$1,627,948$1,520,954▼ $106,994
Total Net Assets Fund Balance$21,572,472$19,168,554▼ $2,403,918
Total Liabilities and Net Assets / Fund Balance$21,572,472$19,168,554▼ $2,403,918

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$18,479,887--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$21,572,472$1,035,274▼ $696,395-$19,168,554
2014$23,856,908$1,095,768▲ $146,280-$21,572,472
2013$20,314,697$2,865,245▲ $3,335,355-$23,856,908
2012$20,290,160$2,034,419▲ $1,869,940-$20,314,697
2011$22,454,843$500,351▲ $189,181-$20,290,160
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Kenneth LorchPresident
Alan GreeneVice President
Barbara GilbertDirector
Laurie LustbaderDirector
Marc BermanDirector
David S RosenAssistant Secretary
Deborah SilvermanAssistant Secretary
James A PinkstonAssistant Treasurer
Michael TarnoffAssistant Treasurer
Peter ChiswickAssistant Treasurer
Peter FriedmanSecretary
Mark WeinerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,031,496
Program Service Revenue
$0
Investment Income
$278,190
Other Revenue
$3,778
All Other Contributions
$1,031,496
Change in Net Assets
$-1,429,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,313,464
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-974,585
Total Revenue per Audited Statements
$338,879
Total Revenue per Form 990
$1,313,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,671,962
Other Expenses$70,835
Total Fundraising Expense$25,652
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,671,962--$2,671,962
Other Expenses-$44,407$25,652$70,059
All Other Expenses-$776-$776
Total Functional Expenses$2,671,962$45,183$25,652$2,742,797

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,742,797
Total Expenses per Audited Statements$2,742,797
Total Expenses per Form 990$2,742,797
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Council for Jewish ElderlyChicago, IL501(c)(3)General Operating Support$2,671,962
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The Members of the Foundation are the Council for Jewish Elderly (the Agency) and the Jewish Federation of Metropolitan Chicago (the Federation).”

Form 990, Part VI, Section A, line 7A

“The Members shall appoint the Board of Directors. The Agency shall be entitled to appoint four of such directors at least one of whom must be the current President or any past President of the Agency, and the Federation shall be entitled to appoint three of such directors.”

Form 990, Part VI, Section A, line 7B

“An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.”

Form 990, Part VI, Section B, line 11

“The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization prior to filing.”

Form 990, Part VI, Section B, line 12C

“A conflict of interest questionnaire is circulated to all Board Members on an annual basis. This process is managed by the Foundation's Secretary who ensures that all questionnaires are completed. The completed questionnaires are reviewed and any conflicts are disclosed to the Board of Directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.”

Form 990, Part VI, Section C, line 19

“The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).”

Filing and Contact Details

Filer

Filer Name
Council for Jewish Elderly
EIN
36-4310834
Phone
3123574790
Address
30 South Wells Street No 4049, Chicago, IL 60606

Signing Officer

Name
James A Pinkston
Title
Assistant Treasurer
Phone
3123574790
Signed
2017-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Lorch
Formed
1999
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
11

Preparer

Firm
Rsm US Llp
Address
1 S WACKER DRIVE STE 800, CHICAGO, IL 60606
Preparer
Marek Rozowicz
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in Unrealized Loss on Remainder Interest in -7,872. Charitable Gift Annuities”

Financial Statement Notes

Part V, Line 4:

“The endowment fund is used to provide support for variety of purposes for the Council for Jewish Elderly including housing, community services, education, and applied research.”

Part X, Line 2:

“The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2016, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for fiscal years before 2013.”

Part XI, Line 2D - Other Adjustments:

“Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities -7,872.”

Raw XML AppendixShowing 400 of 512 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0The Foundation was established exclusively for the benefit of and to carry out the purposes of the Council for Jewish Elderly, a not-for-profit corporation.
IRS990/AllOtherContributionsAmt01031496
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0776
IRS990/AllOtherExpensesGrp/TotalAmt0776
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Peter Chiswick
IRS990/BooksInCareOfDetail/PhoneNum03124442814
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt030 South Wells Street Suite 4049
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060606
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01031496
IRS990/CYGrantsAndSimilarPaidAmt02671962
IRS990/CYInvestmentIncomeAmt0278190
IRS990/CYOtherExpensesAmt070835
IRS990/CYOtherRevenueAmt03778
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1429333
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02742797
IRS990/CYTotalFundraisingExpenseAmt025652
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01313464
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Distributions are made for the benefit of the Council for Jewish Elderly.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02671962
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt238.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt352709
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Kenneth Lorch
IRS990/Form990PartVIISectionAGrp/PersonNm1Alan Greene
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Friedman
IRS990/Form990PartVIISectionAGrp/PersonNm3Mark Weiner
IRS990/Form990PartVIISectionAGrp/PersonNm4Marc Berman
IRS990/Form990PartVIISectionAGrp/PersonNm5Barbara Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm6Laurie Lustbader
IRS990/Form990PartVIISectionAGrp/PersonNm7David S Rosen
IRS990/Form990PartVIISectionAGrp/PersonNm8Deborah Silverman
IRS990/Form990PartVIISectionAGrp/PersonNm9Michael Tarnoff
IRS990/Form990PartVIISectionAGrp/PersonNm10James A Pinkston
IRS990/Form990PartVIISectionAGrp/PersonNm11Peter Chiswick
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3345453
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Assistant Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Assistant Treasurer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0276535
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt02671962
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02671962
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02671962
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02742797
IRS990/GrossReceiptsAmt03779726
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01655
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01655
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt021531366
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018479887
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02466262
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt03778
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt03778
IRS990/MissionDesc0The Foundation was established exclusively for the benefit of and to carry out the purposes of the Council for Jewish Elderly, a not-for-profit corporation.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021572472
IRS990/NetAssetsOrFundBalancesEOYAmt019168554
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0276535
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0276535
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-966713
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041106
IRS990/OtherAssetsTotalGrp/EOYAmt0688667
IRS990/OtherChangesInNetAssetsAmt0-7872
IRS990/OtherExpensesGrp/Desc0Admin. & Development
IRS990/OtherExpensesGrp/FundraisingAmt025652
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044407
IRS990/OtherExpensesGrp/TotalAmt070059
IRS990/OtherRevenueTotalAmt03778
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Kenneth Lorch
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01067410
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03457646
IRS990/PYInvestmentIncomeAmt01042910
IRS990/PYOtherExpensesAmt068838
IRS990/PYOtherRevenueAmt039965
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1376199
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03526484
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02150285
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1429333
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362727597
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02671962
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Council for Jewish Elderly
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02671962
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.92070
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt070835
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt021572472
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01035274
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt019168554
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt02671962
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-696395
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt068838
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt023856908
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01095768
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt021572472
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03457646
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0146280
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt076198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt020314697
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02865245
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt023856908
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02582191
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03335355
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt092369
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt020290160
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02034419
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt020314697
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt03787453
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01869940
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt022454843
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0500351
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt020290160
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt02854215
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0189181
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02742797
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-966713
IRS990ScheduleD/OtherRevenueAmt0-7872
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt018479887
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jewish Federation of Metropolitan Chicago Pooled Investment Fund
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/RevenueNotReportedAmt0-974585
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01313464
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment fund is used to provide support for variety of purposes for the Council for Jewish Elderly including housing, community services, education, and applied research.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2016, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for fiscal years before 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities -7,872.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt018479887
IRS990ScheduleD/TotalExpensesPerForm990Amt02742797
IRS990ScheduleD/TotalRevenuePerForm990Amt01313464
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0338879
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02742797
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt02671962
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Council for Jewish Elderly
IRS990ScheduleI/RecipientTable/RecipientEIN0362727597
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03003 West Touhy Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060645
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants can only be made to or for the benefit of the Council for Jewish Elderly.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0345453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt031556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021153
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mark Weiner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0398162
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Members of the Foundation are the Council for Jewish Elderly (the Agency) and the Jewish Federation of Metropolitan Chicago (the Federation).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Members shall appoint the Board of Directors. The Agency shall be entitled to appoint four of such directors at least one of whom must be the current President or any past President of the Agency, and the Federation shall be entitled to appoint three of such directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A conflict of interest questionnaire is circulated to all Board Members on an annual basis. This process is managed by the Foundation's Secretary who ensures that all questionnaires are completed. The completed questionnaires are reviewed and any conflicts are disclosed to the Board of Directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Change in Unrealized Loss on Remainder Interest in -7,872. Charitable Gift Annuities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,168,554
Liabilities
$0
Net assets
$19,168,554
Revenue
$1,313,464
Expenses
$2,742,797
Net income
-$1,429,333
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$0.00$22.3$1.96$1.38$0.57
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.0$0.00$21.0$1.27$1.21$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$0.00$21.1$2.06$1.48$0.58
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$0.00$20.6$3.21$1.28$1.92
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.1$0.00$19.1$0.58$1.95$1.37
2016Detailed filing. Detailed filing data is available for this year.$19.2$0.00$19.2$1.31$2.74$1.43
2015Detailed filing. Detailed filing data is available for this year.$21.6$0.00$21.6$2.15$3.53$1.38
2014Detailed filing. Detailed filing data is available for this year.$23.9$0.00$23.9$3.25$2.66$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$0.00$20.3$3.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$0.00$20.3$2.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$0.00$21.2$3.54
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits