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← JUDITH AND MICHAEL BERMANFOUNDATION

Form 990 for tax year 2024

Filed by JUDITH AND MICHAEL BERMANFOUNDATION.

Totals

Total revenue
$22,562
Total expenses
$60,734
Contributions and grants received
$0
Grants paid
$58,000
Program services expenses (Part IX)
$58,000
Management and general expenses
$2,734
Fundraising expenses
$0
Program service expenses (Part III)
$58,000

Program services were 95.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES A COHEN

    DIRECTOR

    Total calculated
    $491,339
    From this org
    $0
    From related orgs
    $453,360
    Other
    $37,979
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,532 related
    Bonus
    $0 + $46,971 related
    Other
    $0 + $1,857 related
    Deferred
    $0 + $4,343 related
    Nontaxable benefits
    $0 + $33,636 related
    Filer's total
    $0 + $491,339 related
  • MICHAEL BERMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • JUDITH BERMAN

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • STEVE LEAR

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • IRIS TZAFRIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION RELIED ON MINNEAPOLIS JEWISH FEDERATION, A RELATED ORGANIZATION, TO DETERMINE THE OFFICERS' COMPENSATION. THE FOLLOWING WERE USED BY MINNEAPOLIS JEWISH FEDERATION TO ESTABLISH THE COMPENSATION: 1. COMPENSATION COMMITTEE 2. COMPENSATION SURVEY OR STUDY 3. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
16 November 2025
IRS schema version
2024v5.2
Source object
202543219349315859

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