Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111797166 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa?

Central Yeshiva Tomchei Tmimim Lubavitz of the USA is a nonprofit organization located in Brooklyn, New York, specifically at 885 Eastern Parkway, ZIP code 11213. Its primary focus is on providing post-secondary education to a total of 688 students. This educational institution is dedicated to its mission, which involves administering and managing its post-secondary programs. With a workforce of 55 employees, the organization ensures the smooth operation of its educational services.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa has received a solid Three-Star rating from Charity Navigator, indicating it performs well in terms of accountability and finance. The organization's rating is based entirely on its accountability and finance score, which reflects a commitment to transparency and responsible financial practices.

The nonprofit demonstrates strong governance with 100% of its board members being independent, ensuring impartial decision-making. Furthermore, it maintains rigorous financial oversight with a complete audit and oversight committee, and the absence of any material diversion of assets highlights its integrity. The organization also successfully documents board meeting minutes and has a clear conflict of interest policy.

A notable strength is the organization’s program expense ratio of 92.20%, indicating that a significant portion of its expenditures directly contributes to its mission. Despite the positive rating, potential donors should remain mindful of the overall limited scope of the rating, as it focuses solely on financial and accountability measures without assessing programmatic impact or effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa legitimate?

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa 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: $112,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,094,293

For more financial information, click here

What is the mission statement of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa?

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa is dedicated to managing a post-secondary educational institution. This institution serves a student body of 688 individuals, focusing on their post-secondary education. The mission of this educational organization is to effectively administer and oversee its academic operations, providing a conducive learning environment for its students. By doing so, the institution aims to contribute to the intellectual growth and development of its students, preparing them for their future endeavors.

Who is the CEO of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa?

Shloime Zarchi is the Chief Financial Officer of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa.

What is the revenue of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa?

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa's revenue in 2022 was $9,212,823.

Who are the executives of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa and what are their salaries?

The average compensation at Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa during 2022 was $21,940. There are 55 employees at Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa.


Here are 6 key members and their salaries:


Abraham Rosenfeld (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shlomie Zarchi (President)
  • Compensation: $40,971
  • Related: $0
  • Other: $0
Zalman Labkowski (Ttee)
  • Compensation: $51,400
  • Related: $0
  • Other: $0
Moshe Bogomilsky (Ttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaya Boymelgreen (Ttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Gluckowsky (Ttee)
  • Compensation: $15,600
  • Related: $0
  • Other: $0
Where can I find the form 990 for Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa?

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa

Central Yeshiva Tomchei Tmimim Lubavitz Of The USA is dedicated to managing a post-secondary educational institution. With a student body of 688 individuals, this nonprofit organization plays a significant role in providing higher education. The mission of Central Yeshiva Tomchei Tmimim Lubavitz Of The USA is centered around the administration of this post-secondary educational institution. The institution's primary focus is on providing a conducive learning environment for its students, enabling them to further their education and pursue their academic goals.

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Impact




July, 2024

Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa's impact lies in providing a high-quality post-secondary education to 688 students in Brooklyn, NY. By focusing on education, this institution plays a crucial role in shaping the intellectual and personal development of its students. Through its mission of providing educational opportunities, Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa contributes to the cultivation of knowledge, critical thinking skills, and a strong educational foundation for its students. This impact extends beyond the individual students, potentially influencing communities and society at large through the knowledge and skills acquired by these students.




This information is meant to be a general summary of Central Yeshiva Tomchei Tmimim Lubavitz Of The Usa. 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.

Revenue
$9,212,823 (2022)
Expenses
$6,264,157 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $5,311,674
  • Gross Receipts: $9,292,591

Assets and Liabilities:

  • Total Assets: $12,683,893
  • Total Liabilities: $1,124,470
  • Net Assets: $11,559,423

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$5,311,674

Organization Details

Founding Year

1970

Principal Officer

Shloime Zarchi

Main Address

885 EASTERN PARKWAY, BROOKLYN, NY, 11213

NTEE Category

Code: B42 - Education

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