Overview
What is United Jewish Community Gemach Inc?
United Jewish Community Gemach Inc, situated in Lawrence, New York, operates as a benevolent institution offering free loan services. This nonprofit organization aims to assist individuals who may struggle to secure loans otherwise. By providing these loans, United Jewish Community Gemach Inc serves as a vital resource for those in need, ultimately contributing to their financial well-being.
Is United Jewish Community Gemach Inc legitimate?
United Jewish Community Gemach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Jewish Community Gemach Inc submitted a form 990EZ, 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.
What is the mission statement of United Jewish Community Gemach Inc?
United Jewish Community Gemach Inc operates as a free loan society, providing financial assistance to individuals who struggle to secure loans. Its mission is to offer a lending service to those in need, operating on the principle of loaning and not charging interest. This organization aims to help individuals overcome temporary financial difficulties, fostering a sense of community and support. By providing loans without the burden of interest, United Jewish Community Gemach Inc strives to make a positive impact on people's lives.
Who is the CEO of United Jewish Community Gemach Inc?
Herman Kappel is the President of United Jewish Community Gemach Inc.
What is the revenue of United Jewish Community Gemach Inc?
United Jewish Community Gemach Inc's revenue in 2022 was $11,982.
Who are the executives of United Jewish Community Gemach Inc and what are their salaries?
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 990EZ for United Jewish Community Gemach Inc?
United Jewish Community Gemach Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of United Jewish Community Gemach Inc
United Jewish Community Gemach, as a mission-driven organization, serves as a free loan society. It provides a unique service to individuals who find themselves in financial predicaments and are unable to secure loans elsewhere. Operating beyond the conventional lending institutions, this nonprofit organization offers a helping hand to those in need, ensuring that they can meet their financial obligations without falling into deeper debt. By providing loans, United Jewish Community Gemach empowers individuals to regain financial stability and independence.
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Impact
August, 2024
United Jewish Community Gemach Inc's impact is significant as it provides a valuable service to individuals who are unable to secure traditional loans. By offering interest-free loans, the organization helps individuals in need access financial assistance to support various needs and endeavors. This assistance can have a profound impact on the lives of those served, enabling them to overcome financial challenges and achieve their goals. Additionally, by operating as a free loan society, United Jewish Community Gemach Inc fosters a sense of community support and solidarity, embodying the spirit of public benefit.
This information is meant to be a general summary of United Jewish Community Gemach 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.
- Investment Income: $425
- Gross Receipts: $11,982
Assets and Liabilities:
- Total Assets: $266,257
- Total Liabilities: $46,000
- Net Assets: $220,257
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Organization Details
Principal Officer
Herman Kappel
Main Address
14 SUNSET ROAD, LAWRENCE, NY, 11559
NTEE Category
Code: W60Z - Public benefit
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