The Jewish Community Building

“Mark applebaum, brad birnberg and dan lieberman also serve on the board of minneapolis jewish federation. James cohen, martin lipshutz and shai avny also serve as officers of minneapolis jewish federation.”

“The sole member of the jewish community building coporation is minneapolis jewish federation.”

“All members of the board of directors are appointed by the president of minneapolis jewish federation, the sole member.”

“The following matters require the approval of minneapolis jewish federation, the sole member: 1. Amendment of the articles of incorporation or any adoption, amendment, or repeal of the bylaws; 2. Admission of new members of the corporation; 3. Mergers involving the corporation; 4. Sale of all or substantially all assets of the corporation; and 5. Dissolution of the corporation.”

“The organization does not have any committees that have the authority to act on behalf of the governing body.”

“The form 990 is reviewed by the organization's director of accounting and its chief financial officer. It is then reviewed and approved by the jewish community building corporation board prior to filing.”

“The jewish community building corporation follows the conflict of interest policy of minneapolis jewish federation, its sole member. The organization's conflict of interest policy applies to all board members and staff. Covered individuals are required to complete an annual disclosure form. Individuals are required to fully disclose the specific nature of any interest or involvement that may result in a conflict. The president (or chair of any committee of the board entrusted with minneapolis jewish federation oversight of conflicts of interest) shall report to the board, at least annually, listing all conflicts of interest disclosed to it, and identifying all conflicts that were waived. Unless otherwise approved by the board, an individual with a conflict is required to refrain from participating in consideration of the transaction. Any person or persons involved shall not vote on such matters. The conflict of interest actions are documented in the meeting minutes.”

“The compensation of the ceo is set by written agreement and reviewed periodically by the personnel and compensation committee of minneapolis jewish federation, which consist of three (3) or more independent board members. The committee's process to evaluate the compensation of the ceo takes into account (among other matters) the compensation data published locally for the top 100 non-profit organizations, compensation data for similar sized jewish federations in other communities, and current economic conditions. Form 990, part vi, section b, line 15b: compensation for other officers is set by the chief executive officer and is reviewed with the president, an independent board member. Compensation is benchmarked periodically against compensation data for similar sized jewish federations in other communities.”

“The annual report and audited consolidated financial statements of the sole member, minneapolis jewish federation, is available on the federation's website.”

“Rental expenses are comprised of the following: direct rental expenses - $ 3,144,669 contribution for leases at below-market rates - $95,751.00”