DES MOINES JEWISH FOUNDATION

EIN: 510159835 501(c)(3)

WAUKEE, IA

Total Revenue
$2,791,144
Total Expenses
$1,172,500
Total Assets
$18,770,478
Net Assets
$18,770,478
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
IA
Principal Officer
DAVID ADELMAN
Phone
5159870899
Tax Period
2024-07-01 to 2025-06-30

DES MOINES JEWISH FOUNDATION, founded in 1975, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 58% operating margin.

Mission

THE FOUNDATION WAS STRUCTURED TO ENCOURAGE FUNDING OF THE JEWISH FEDERATION OF GREATER DES MOINES, AND IS RESPONSIBLE FOR ADDING FINANCIAL STABILITY BY BROADENING THE FUNDING BASE AND THEREBY IMPROVING THE ABILITY OF THE DES MOINES JEWISH COMMUNITY TO RESPOND TO CURRENT AND FUTURE SERVICE NEEDS WHICH CANNOT BE MET THROUGH ANNUAL OPERATING FUNDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,636,315
Program Service Revenue $0
Investment Income $1,154,829
Other Revenue $0
TOTAL REVENUE $2,791,144

Expense Breakdown

Grants Paid $1,095,057
Salaries & Benefits $0
Fundraising Expenses $854
Program Expenses $1,100,223
Other Expenses $77,443
TOTAL EXPENSES $1,172,500

Year-over-Year Comparison

2024 2023 Change
Revenue $2,791,144 $2,185,382 +0.3%
Expenses $1,172,500 $1,612,712 -0.3%
Net Income $1,618,644 $572,670 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$160,000
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JARAD BERNSTEIN Executive Dir. 5.00
Officer
$0 $0 $160,000
TOM PRESS BOARD MEMBER 5.00
Director
$0 $0 $0
POLLY OXLEY BOARD MEMBER 5.00
Director
$0 $0 $0
DAVID ADELMAN President 5.00
Officer Director
$0 $0 $0
DEBBIE GITCHELL BOARD MEMBER 5.00
Director
$0 $0 $0
BRUCE SHERMAN BOARD MEMBER 5.00
Director
$0 $0 $0
HARRY BOOKEY BOARD MEMBER 5.00
Director
$0 $0 $0
BOB CARPENTER BOARD MEMBER 5.00
Director
$0 $0 $0
BETH OHRINGER BOARD MEMBER 5.00
Director
$0 $0 $0
STANLEY SEIDLER BOARD MEMBER 5.00
Director
$0 $0 $0
PHIL BLUMBERG BOARD MEMBER 5.00
Director
$0 $0 $0
HANNAH M ROGERS BOARD MEMBER 5.00
Director
$0 $0 $0
MICHAEL WOLNERMAN BOARD MEMBER 5.00
Director
$0 $0 $0
TONI URBAN BOARD MEMBER 5.00
Director
$0 $0 $0
DON BLUMENTHAL BOARD MEMBER 5.00
Director
$0 $0 $0
MARTIN BRODY TREASURER/VICE 5.00
Officer Director
$0 $0 $0
LOU HOCKENBERG BOARD MEMBER 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,791,144 $1,172,500 $18,770,478 $1,618,644
2024 $2,185,382 $1,612,712 $16,021,223 $572,670
2023 $1,422,024 $1,219,823 $14,469,570 $202,201
2022 $621,108 $905,054 $13,967,113 $-283,946
2021 $1,460,340 $959,587 $17,320,867 $500,753
2020 $371,246 $1,161,639 $14,708,322 $-790,393
2019 $752,800 $1,542,533 $15,734,077 $-789,733
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