Better Business Bureau Report for
Jewish Community of Louisville

Better Business Bureau Report issued March 2012
Better Business Bureau Report expires March 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Jewish Community of Louisville
Address: 3600 Dutchmans Lane
  Louisville, KY 40205
Phone: 502-459-0660
Web Address: www.jccoflouisville.org
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Better Business Bureau Comments

Formerly known as:Jewish Community Center
Jewish Community Federation

Year, State Incorporated: 1890, Kentucky
Affiliates: None
Stated Purpose: Louisville's Jewish Community Center and Jewish Community Federation merged to form the Jewish Community of Louisville, effective May 1, 2009. The Jewish Community of Louisville is Jewish in purpose, community-wide in scope, and a center of cultural, educational, recreational and social activities. The Jewish Community of Louisville is committed to: --maintaining and enriching Jewish identify --enhancing personal, social, and physical development --developing democratic values and leadership ability, and --developing participation in and contribution to the welfare of the total community

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Evaluation Conclusions

               

Jewish Community of Louisville meets the 20 Standards for Charity Accountability.
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Programs

               

The Jewish Community of Louisville offers programs, activities and facilities for every age--infant through adult. Programs and activities include but are not limited to: Physical facilities available are swimming pools (indoor & out), racquetball and tennis courts, softball and soccer fields, 2 gyms --Family Fun with bouncies in the gym --Children, teens and adult lounges with games and computers --School's Out Days --CenterStage Productions -- Jewish Film & Jewish Book Festivals, dance classes, art classes and art exhibits --Exercise equipment and fitness classes, personal training, swimming, racquetball, softball, and soccer --Israel Independence Day celebrations --Jewish Library --Senior Adult lunches, activities, and programs --Childrens Camps --B'nai Brith Youth Organization groups for teens ---Kosher catering services

For the fiscal year ended June 30, 2011, Jewish Community of Louisville's program expenses were:

  
Program Services 7,651,049
Total Program Expenses: $7,651,049
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Governance

               

Chief Executive : Stuart M. Silberman, President and CEO
Compensation*:

Chair of the Board: David N. Klein
Chair's Profession / Business Affiliation: retired

Board Size: 31

Paid Staff Size: 195

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Fund Raising

               

Method(s) Used:

Methods of fund raising include direct mail, telephone, invitations to fund raising events, print advertisements, radio, grant proposals, internet, planned giving arrangements, and memberships.

In addition, Jewish Community of Louisville is a Metro United Way member agency.
Fund raising costs were 7% of related contributions. (Related contributions, which totaled $3,493,002, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on Jewish Community of Louisville's audited financial statements for the fiscal year ended June 30, 2011.

Ending net assets as reported below include $9,379,305 in unrestricted net assets and $10,453,143 in restricted net assets.

Total assets as reported include $5,853,485 invested in land, building, and equipment, net.

The audit notes that the financial statements were prepared on the basis of accounting JCL uses for income tax purposes, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America.


Source of Funds  
Pledge Income 2,240,622
Membership Dues 1,707,510
Program Service Income 1,265,872
Gifts, Grants, Bequests 1,131,137
Interest and Dividends 424,443
Gain on Sale of Assets 413,195
Special Events 121,243
Community Newspaper Income 96,088
Miscellaneous Income 37,123
Rental Income 30,591
Total Income $7,467,824


chart



Uses of Funds as a % of Total Expenses

Programs: 92%  Fund Raising: 3%  Administrative: 5% 

Total income   $7,467,824
  Program expenses $7,651,049
  Fund raising expenses 255,052
  Administrative expenses 453,033
 
Total expenses   $8,359,134
Expenses in Excess of Income   (891,310)
Beginning net assets   18,638,994
Other Changes in Net Assets 2,084,764
Ending net assets   19,832,448
Total liabilities   8,957,951
Total assets   $28,790,399


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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