Skip to content
Nonprofiteer
← JEWISH COMMUNITY BUILDING CORPORATION

Form 990 for tax year 2024

Filed by JEWISH COMMUNITY BUILDING CORPORATION.

Totals

Total revenue
$1,191,202
Total expenses
$347,126
Contributions and grants received
$1,002,430
Grants paid
$342,327
Program service revenue
$0
Investment income
$209
Other revenue
$188,563
Total assets, end of year
$15,324,662
Total liabilities, end of year
$4,268,954
Net assets or fund balances, end of year
$11,055,708
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $739,878

  • 1e · Government grants (contributions)

    $178,377

  • 1f · All other contributions, gifts and grants

    $84,175

  • 3 · Investment income

    total $209 · excluded $209

  • 6a · Gross rents

    real property $2,888,363

  • 6b · Less rental expenses

    real property $2,893,293

  • 6c · Rental income or loss

    real property -$4,930

  • 6d · Net rental income or loss

    total -$4,930 · related or exempt -$54,516 · excluded $49,586

  • 11a · Other revenue: INSURANCE PROCEEDS

    total $193,493 · excluded $193,493

  • 11e · Other revenue, total

    $193,493

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $342,327

  • 11c · Fees: accounting

    total $1,000

  • 13 · Office expenses

    total $1,188

  • 19 · Conferences, conventions and meetings

    total $2,611

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,778 · end of year $107

  • 2 · Savings and temporary cash investments

    end of year $4,661

  • 10a · Land, buildings and equipment: cost or other basis

    $24,422,957

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,902,538

  • 10c · Land, buildings and equipment, net

    beginning of year $14,523,050 · end of year $14,520,419

  • 15 · Other assets

    beginning of year $266,508 · end of year $799,475

  • 25 · Other liabilities

    beginning of year $4,582,704 · end of year $4,268,954

  • 27 · Net assets without donor restrictions

    beginning of year $9,986,632 · end of year $10,830,708

  • 28 · Net assets with donor restrictions

    beginning of year $225,000 · end of year $225,000

Mission and programs · 2024

Mission

THE JEWISH COMMUNITY BUILDING CORPORATION IS ORGANIZED FOR THE PURPOSE OF HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION.

Activities or mission (Part I)

HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION.

  • THE JEWISH COMMUNITY BUILDING CORPORATION IS ORGANIZED FOR THE PURPOSE OF HOLDING REAL ESTATE ASSETS FOR MINNEAPOLIS JEWISH FEDERATION.

As filed on the 2024 return.

Listed in Part VII

  • Dan Lieberman

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • Brad Birnberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1 related

  • David Segal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Applebaum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 20 related

  • Steve Leventhal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • James A Cohen

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $491,339
    From this org
    $0
    From related orgs
    $453,360
    Other
    $37,979
    Hours/week
    1 + 40.5 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

  • Martin Lipshutz

    CHIEF FINANCIAL OFFICER

    Total calculated
    $181,516
    From this org
    $0
    From related orgs
    $178,399
    Other
    $3,117
    Hours/week
    0.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $147,972 related
    Bonus
    $0 + $30,000 related
    Other
    $0 + $427 related
    Deferred
    $0 + $3,117 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $181,516 related

  • Shai Avny

    CHIEF OPERATING OFFICER

    Total calculated
    $178,092
    From this org
    $0
    From related orgs
    $146,364
    Other
    $31,728
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $130,025 related
    Bonus
    $0 + $15,000 related
    Other
    $0 + $1,339 related
    Deferred
    $0 + $3,346 related
    Nontaxable benefits
    $0 + $28,382 related
    Filer's total
    $0 + $178,092 related

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, and on a Form 990-PF Part VIII's — 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

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 PLEASE SEE SCHEDULE O, STATEMENT FOR FORM 990, PART VI, SECTION B, LINES 15A AND 15B FOR SUPPLEMENTARY INFORMATION ON COMPENSATION POLICIES.

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
17 November 2025
IRS schema version
2024v5.2
Source object
202533219349315558

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.