Overview
What is Long Beach Mikveh Society Inc?
Long Beach Mikveh Society Inc is a nonprofit organization situated in Long Beach, New York, which primarily serves the local Jewish community. Its primary objective is to fulfill their religious needs through its key mission, a ritualarium. This term refers to a facility used for religious purification rituals, which is the core focus of this society. The organization aims to cater to the spiritual needs of the community, providing them with a place and resources for religious practices.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Long Beach Mikveh Society Inc has received a low rating of 53%, which indicates significant concerns regarding its accountability and financial practices. One of the most critical issues highlighted is the absence of independent board members, which raises questions about governance and oversight. Furthermore, the organization lacks important policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are crucial for transparency and ethical management.
Despite these shortcomings, the organization demonstrates strength in its program expense ratio, allocating 99.55% of its resources directly to its programs. This suggests that the majority of its funds are used effectively for its mission. Additionally, the organization has a solid liabilities-to-assets ratio of 3.09%, indicating that it is not over-leveraged financially.
Overall, while the Long Beach Mikveh Society Inc appears to be dedicated to its programs, the lack of governance structures and missing policies are significant drawbacks that potential donors and supporters should consider. Enhancing accountability measures could greatly improve its rating and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Long Beach Mikveh Society Inc legitimate?
Long Beach Mikveh Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Beach Mikveh Society Inc 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: $13,348
For more financial information, click here
What is the mission statement of Long Beach Mikveh Society Inc?
The Long Beach Mikveh Society Inc, as an organization, focuses on serving the religious needs of the Jewish community. Their primary mission is to provide a ritualarium, a facility for performing religious rituals. This societal entity aims to cater to the spiritual requirements of its community members, thereby playing a significant role in maintaining their religious practices.
Who is the CEO of Long Beach Mikveh Society Inc?
Sarah Hoberman is the President of Long Beach Mikveh Society Inc.
What is the revenue of Long Beach Mikveh Society Inc?
Long Beach Mikveh Society Inc's revenue in 2022 was $55,058.
Who are the executives of Long Beach Mikveh Society Inc and what are their salaries?
The average compensation at Long Beach Mikveh Society Inc during 2022 was $13,348. There is 1 employee at Long Beach Mikveh Society Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Long Beach Mikveh Society Inc?
Long Beach Mikveh Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Long Beach Mikveh Society Inc
Long Beach Mikveh Society, a nonprofit organization, is dedicated to serving the religious needs of the Jewish community in Long Beach, New York. Their primary mission is to provide a ritualarium, a sacred space for religious practices. This organization plays a crucial role in catering to the spiritual needs of the community by offering a ritualarium, thereby upholding and preserving Jewish traditions.
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
August, 2024
Long Beach Mikveh Society Inc's impact is significant in providing a vital religious service to the Jewish community in Long Beach, NY. By offering a ritualarium, the organization plays a crucial role in fulfilling the religious needs of community members. This service is essential for maintaining religious practices and traditions within the community, contributing to the spiritual well-being of its members. Through its mission, Long Beach Mikveh Society Inc positively influences the religious life and community cohesion in Long Beach, NY.
This information is meant to be a general summary of Long Beach Mikveh Society Inc. 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: $55,058
Assets and Liabilities:
- Total Assets: $719,545
- Total Liabilities: $21,600
- Net Assets: $697,945
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Principal Officer
Sarah Hoberman
Main Address
100 East Olive Street, Long Beach, NY, 11561
NTEE Category
Code: X30 - Religion related
If you are a representative of Long Beach Mikveh Society Inc 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.