Federation Cja EIN 98-0183709

Federation Cja FY2021 filing

EIN  98-0183709 Public foundation / grantmaker Canada Founded 1916
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Verified accurate 7/9/26 · see original filing: IRS
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Size
$10–100M
What they do
Builds and sustains Montreal's Jewish community by supporting vulnerable individuals and ensuring a bright future.
Leadership
Yair Szlak · Chief Executive Officer · $303K
Money in and out
$83.9M revenue, $75.9M expenses
Bottom line
87% program efficiency

Builds and sustains Montreal's Jewish community by supporting vulnerable individuals and ensuring a bright future. For fiscal year 2021 it reported $83.9M in revenue, $75.9M in expenses, and $72.3M in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$83.9M
Pt VIII · Ln 12
Total expenses
$75.9M
Pt IX · Ln 25
Net assets
$72.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8.1M
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.09 Fundraising $0.04
Program efficiency
87%
of spending reaches programs
Operating runway
26.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$83.9M
FY2021
Expenses
$75.9M
FY2021
Total assets
$140.2M
FY2021
Total liabilities
$67.9M
FY2021
Total revenue
$83.9M
Pt VIII · Ln 12
Total expenses
$75.9M
Pt IX · Ln 25
Net assets
$72.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8.1M
Total assetsPt X · Ln 16$140.2M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421
Mission & Programs · Part III

Where the work happens

3 program services account for $28.4M of program spending, described in the organization's own filed words · FY2020.
01

Caring for the Vulnerable

In collaboration with our extensive network of affiliated agencies and communal organizations Federation CJA transforms the lives of those living below the poverty line unemployed elderly abused and many others.

$12.4Mprogram expense
02

Strengthening Jewish Life and Continuity

Federation CJA strengthens Jewish life and continuity by ensuring that our youth have many meaningful opportunities to understand and explore their Jewish heritage continuously works to strengthen the fabric of the Montreal Jewish community and ensures it remains vibrant for generations to come.

$9.6Mprogram expense
03

Advancing Communal Interests Supporting Israel and Our Global Jewish Responsibility: Together with our local and national partners Federation CJA works to advance our communal interests and create a greater understanding of our community's unique contributions to society.

$6.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFederation Cja
EINHdr · item D98-0183709
Principal addressHdr · item CCanada,
WebsiteHdr · item Jwww.federationcja.org
Year of formationHdr · item L1916
State of legal domicileHdr · item M
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30Z)
Ruling yearIRS BMFSep 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$303,000Pt VII · Sec A
Chief Development Officer
$190,773Pt VII · Sec A
Chief Operating Officer Chief Financial Officer
$172,831Pt VII · Sec A
Chief Identity Officer
$166,873Pt VII · Sec A
Director Strategic Development
$138,443Pt VII · Sec A
Director Philanthropy Engagement
$126,953Pt VII · Sec A
Director Genmtl
$119,241Pt VII · Sec A
Director Philanthropy Advancement
$118,429Pt VII · Sec A

Yair Szlak’s $394K as President and Chief Executive Officer is at the 84th percentile of top reported officer pay among 658 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Yair Szlak$393,521$336,727$331,355$316,508$303,000
Osnat Suissa$242,672$224,115$225,524$230,583$190,773
Jonathan Kuczer$236,917$203,957$205,706$210,739$172,831
Natana Shek$212,731$199,239$201,397
Natana Shek Dor$206,394$166,873
Pamela Teitelbaum$203,433$190,489$192,458$190,992
Robert Abitbol$168,016$157,312$157,709$160,571$138,443
Kim Garzon$149,074$150,843$126,953

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$81.9M · 98%
Other revenue$1.7M · 2%
Contributions & grants98%$81.9M
Other revenue2%$1.7M
Program service revenue$189K
Investment income$155K
Total revenueLn 12$83.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.09 Fundraising $0.04
Program services87%$65.9M
Management & general9%$6.9M
Fundraising4%$3.1M
Total functional expensesLn 25$75.9M

Balance Sheet

Part X · end of year
CashLn 1$57.3M
Total assetsLn 16$140.2M
Total liabilitiesLn 26$67.9M
Total net assetsLn 32$72.3M
Months of cash on handcomputed9.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $89.1M · Operating expenses (Pt IX) $75.9M · Less non-cash grants $36.0M · Cash operating expenses/yr $39.8M
26.8 months
Where the money goes
Program services
Program services $65.9M · Total expenses $75.9M
87%
Management & General
Management & general $6.9M · Total expenses $75.9M
9%
Fundraising
Fundraising $3.1M · Total expenses $75.9M
4%
Cost to raise $1
Fundraising expense $3.1M · Solicited contributions $81.9M
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $81.9M · Total revenue $83.9M
98%
Government reliance
Government grants $0 · Total revenue $83.9M
0%
Earned-income share
Program service revenue $189K · Total revenue $83.9M
0%
Investment reliance
Investment income $155K · Total revenue $83.9M
0%
Program self-sufficiency
Program service revenue $189K · Total expenses $75.9M
0%
Growth & trend
Revenue growth (YoY)
This year $83.9M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $72.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $83.9M · Expenses $75.9M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $140.2M
Net-asset ratio
Net assets $72.3M · Total assets $140.2M
52%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $29.5M · Other securities (Pt X, ln 12) $2.4M · Total assets (Pt X, ln 16) $140.2M
23%
People & payroll
Highest Reported Total Compensation
Individual Yair Szlak · Reported title Chief Executive Officer · Highest reported compensation $303K · Total expenses $75.9M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.3M · Total expenses $75.9M
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 9%
Fundraising cost ratio 4%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$48.6M revenue · ⤓ 990 PDF
FY2024$67.7M revenue · ⤓ 990 PDF
FY2023$46.4M revenue · ⤓ 990 PDF
FY2022$84.2M revenue · ⤓ 990 PDF
FY2021$83.9M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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