Overview
What is Chai Corp?
Chai Corp is a charitable organization, headquartered in Brooklyn, New York (11204), that extends its support to various tax-exempt organizations. These organizations are primarily engaged in religious, educational, or scientific programs. The mission of Chai Corp is to assist these qualifying charities in fulfilling their objectives, as long as they adhere to the guidelines set by corporations exempt from federal income tax under Section 501 (C) (3). This means they cannot engage in activities that are not permitted for such tax-exempt organizations. Chai Corp's mission is to contribute to the betterment of society in these areas, thereby making a significant impact in their respective fields.
Is Chai Corp legitimate?
Chai Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chai Corp 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.
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What is the mission statement of Chai Corp?
Chai Corp's mission is centered around providing support to qualified charities that operate for religious, charitable, scientific, literary, or educational purposes. These charities are required to adhere to the regulations set for corporations exempt from federal income tax under Section 501 (C) (3). Chai Corp's contributions aid a diverse range of tax-exempt organizations, which focus on delivering or supporting religious, educational, or scientific programs.
Who is the CEO of Chai Corp?
Rochelle Deutsch is the Director of Chai Corp.
What is the revenue of Chai Corp?
Chai Corp's revenue in 2022 was $379,874.
Who are the executives of Chai Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Chai Corp?
Chai Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chai Corp
Chai Corp, as a supporting entity, is committed to aiding qualified charities that operate for religious, charitable, scientific, literary, and educational purposes. These charities are expected to adhere to the regulations that apply to corporations exempt from federal income tax under Section 501 (C) (3), ensuring they do not engage in activities that are not permissible for such organizations. The organization provides financial assistance to a diverse range of tax-exempt organizations, enabling them to carry out their programs focusing on religious, educational, or scientific endeavors.
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Impact
October, 2024
Chai Corp plays a significant role by providing essential support to qualified charities dedicated to religious, charitable, scientific, literary, and educational purposes. This support enables these organizations to carry out their missions effectively, facilitating a wide range of programs that contribute to community development and enrichment.
Located in Brooklyn, NY, Chai Corp focuses on uplifting various tax-exempt organizations that align with its mission. By channeling resources and assistance to these charities, Chai Corp fosters environments where religious, educational, and scientific initiatives can thrive. This, in turn, enhances the capacity of these organizations to enrich the lives of individuals and communities they serve.
Furthermore, Chai Corp’s commitment to adhering to federal regulations ensures that the support provided aligns with the broader legal framework for charitable activities. By prioritizing transparency and compliance, Chai Corp reinforces trust within the charitable sector, inspiring more contributions and engagement from the community and stakeholders alike.
This information is meant to be a general summary of Chai Corp. 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.
- Investment Income: $2,842
- Gross Receipts: $383,922
Assets and Liabilities:
- Total Assets: $640,989
- Total Liabilities: $11,000
- Net Assets: $629,989
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Organization Details
Founding Year
1986
Phone
(718) 851-6259Principal Officer
Rochelle Deutsch
Main Address
4907 18TH AVE, BROOKLYN, NY, 11204
NTEE Category
Code: X12 - Religion related
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