Overview
What is Congregation Magen David Of Manhattan?
Congregation Magen David Of Manhattan is a Sephardic synagogue, established by a team of dedicated Jewish professionals, situated at 177 Sullivan Street in New York, New York. This nonprofit organization aims to preserve its historical and cultural heritage while fostering growth and leadership within its community. Their primary activities include organizing events and functions for Jewish holidays, engaging in membership activities, and sustaining the synagogue and the Jewish faith. With a grassroots, volunteer-based approach, Congregation Magen David Of Manhattan serves its community through various programs and services, all contributing to the continued thriving of the faith. The organization currently employs a small team of two individuals.
Official website here: www.magendavidny.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Congregation Magen David Of Manhattan has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a total of 96%, with its rating based entirely on a single beacon score focused on financial health and transparency. This high score indicates a commitment to prudent financial management and effective oversight.
The nonprofit boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its governance and accountability. It has established strong policies, including a conflict of interest policy and a whistleblower policy, contributing to its impressive financial oversight. The organization also demonstrates a solid program expense ratio of 97.56%, indicating that a substantial majority of its resources are directed towards its mission.
While the financial health indicators are robust, including a low liabilities to assets ratio of 18.32%, the organization does not appear to have any significant limitations noted in the available data. Overall, Congregation Magen David Of Manhattan exemplifies a well-managed nonprofit that prioritizes accountability and transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Congregation Magen David Of Manhattan legitimate?
Congregation Magen David Of Manhattan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congregation Magen David Of Manhattan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $126,217
For more financial information, click here
Official website here: www.magendavidny.org/
What is the mission statement of Congregation Magen David Of Manhattan?
Congregation Magen David Of Manhattan is a volunteer-based Sephardic congregation, established by devoted Jewish professionals. Their mission is to preserve their heritage and traditions, while simultaneously fostering leadership and growth within the community. They accomplish this through their program services, which primarily focus on synagogue events and functions during Jewish holidays, as well as membership activities. The ultimate goal is to sustain the congregation and the Jewish faith.
Official website here: www.magendavidny.org/
Who is the CEO of Congregation Magen David Of Manhattan?
Sonny Gindi is the Trustee of Congregation Magen David Of Manhattan.
Official website here: www.magendavidny.org/
What is the revenue of Congregation Magen David Of Manhattan?
Congregation Magen David Of Manhattan's revenue in 2022 was $706,289.
Official website here: www.magendavidny.org/
Who are the executives of Congregation Magen David Of Manhattan and what are their salaries?
The average compensation at Congregation Magen David Of Manhattan during 2022 was $63,108. There are 2 employees at Congregation Magen David Of Manhattan.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magendavidny.org/
Where can I find the form 990 for Congregation Magen David Of Manhattan?
Congregation Magen David Of Manhattan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magendavidny.org/
Learn more at the official website: www.magendavidny.org/
Mission Statement of Congregation Magen David Of Manhattan
Congregation Magen David Of Manhattan, a volunteer-driven Sephardic congregation, was established by dedicated Jewish professionals with a shared passion for preserving their heritage and fostering growth. Their mission is multifaceted, encompassing the maintenance of historical and traditional ties while simultaneously cultivating leadership and development within the congregation. Their activities primarily revolve around organizing synagogue-based events for Jewish holidays, functions, and membership activities, all with the objective of sustaining the congregation and the Jewish faith.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Congregation Magen David Of Manhattan's impact can be seen in its commitment to maintaining ties to Sephardic history and tradition while fostering leadership and growth within the community. Through its volunteer-based approach, the synagogue provides a space for individuals to engage in Jewish faith, celebrate holidays, and participate in membership functions. By sustaining the synagogue and preserving Jewish traditions, Congregation Magen David Of Manhattan plays a vital role in upholding the cultural and spiritual heritage of the Sephardic community in New York City.
This information is meant to be a general summary of Congregation Magen David Of Manhattan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $706,289
Assets and Liabilities:
- Total Assets: $54,563
- Total Liabilities: $10,000
- Net Assets: $44,563
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2005
Phone
(212) 673-0333Principal Officer
Sonny Gindi
Main Address
177 SULLIVAN STREET, NEW YORK, NY, 100122506
Website
www.magendavidny.org/NTEE Category
Code: X30 - Religion related
If you are a representative of Congregation Magen David Of Manhattan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.