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American Friends Of Aaci Inc

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

EIN: 133525204 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Aaci Inc?

American Friends of Aaci Inc is a nonprofit organization situated in Chicago, Illinois, with a specific focus on providing social services to newly immigrated individuals settling in Israel. Their mission is to support the work of AACI, an Israeli nonprofit organization, in facilitating the integration of English-speaking immigrants into Israeli society. This regional service organization operates under the mission of an immigrant aid organization, aiming to contribute positively to the assimilation process of these newcomers in their new homeland.


Official website here: www.americanfriendsofaaci.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (66%)

American Friends of AACI Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement in key areas of accountability and finance. The organization's score reflects significant issues, particularly in governance practices, as it has not implemented essential policies such as conflict of interest, whistleblower, and document retention policies.

Despite these shortcomings, the nonprofit demonstrates strengths in its financial management, with a program expense ratio of 86.41%, suggesting that a large portion of its expenses directly supports its programs. Additionally, it has a favorable liabilities to assets ratio of 28.22%, indicating a reasonable level of financial stability. However, the lack of independent board members and insufficient governance practices raises concerns about its overall accountability.

To enhance its standing and effectiveness, American Friends of AACI Inc may need to prioritize improving its governance structure and transparency. Implementing the recommended policies could not only boost its rating but also strengthen public trust and support for its mission.


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

Is American Friends Of Aaci Inc legitimate?

American Friends Of Aaci Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Aaci 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: $0

For more financial information, click here


Official website here: www.americanfriendsofaaci.org

What is the mission statement of American Friends Of Aaci Inc?

American Friends of AACI Inc's mission is to aid in the integration of English-speaking immigrants into Israeli society. They accomplish this by supporting the work of AACI, a charitable corporation based in Israel. This organization's primary goal is to facilitate the assimilation of new immigrants, offering them essential social services. Their regional services are designed to cater to the needs of these immigrants, providing them with the necessary support to navigate their new environment.


Official website here: www.americanfriendsofaaci.org

Who is the CEO of American Friends Of Aaci Inc?

Robert Hammer is the President of American Friends Of Aaci Inc.


Official website here: www.americanfriendsofaaci.org

What is the revenue of American Friends Of Aaci Inc?

American Friends Of Aaci Inc's revenue in 2021 was $30,000.


Official website here: www.americanfriendsofaaci.org

Who are the executives of American Friends Of Aaci Inc and what are their salaries?


Here are 9 key members and their salaries:


Robert S Hammer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Barrow (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte A Kroot (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen F Steinberg (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadav Weinberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Adler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander S Preker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David London (Assistant Tresurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avraham Saiger (Director And Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.americanfriendsofaaci.org

Where can I find the form 990 for American Friends Of Aaci Inc?

American Friends Of Aaci Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.americanfriendsofaaci.org

Learn more at the official website: www.americanfriendsofaaci.org

Mission Statement of American Friends Of Aaci Inc

American Friends of AACI Inc is a charitable organization with a mission to support the work of AACI, a non-profit corporation based in Israel. Their primary objective is to facilitate the integration of English-speaking immigrants into Israeli society. Specifically, they provide regional services, offering social support to new immigrants in Israel. By doing so, American Friends of AACI Inc aims to contribute to the successful assimilation of these immigrants into their new home, ultimately strengthening the diversity and cohesion of Israeli society.

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Impact




August, 2024

American Friends Of AACI Inc has a significant impact on providing social services to new immigrants to Israel, specifically focusing on English-speaking immigrants. By facilitating the integration of these immigrants into Israeli society, they are helping to support and empower individuals as they navigate the challenges of settling in a new country. Through their regional services, such as housing assistance, American Friends Of AACI Inc plays a crucial role in aiding immigrants as they establish their new lives in Israel.




This information is meant to be a general summary of American Friends Of Aaci 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.

Revenue
$30,000 (2021)
Expenses
$32,865 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $30,000

Assets and Liabilities:

  • Total Assets: $10,477
  • Total Liabilities: $2,957
  • Net Assets: $7,520

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Organization Details

Founding Year

1985

Principal Officer

Robert Hammer

Main Address

PO BOX 641577, CHICAGO, IL, 60664

NTEE Category

Code: L40Z - Housing

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