Overview
What is New Square Kosher Certification Inc?
New Square Kosher Certification Inc is a nonprofit organization based in Spring Valley, New York, with a staff of 3 individuals. Their primary mission is to provide religious services to the community, focusing on certifying establishments that seek to be considered kosher. Additionally, they offer low-cost housing for the faculty members of the organization. This organization plays a significant role in upholding kosher standards within the community and providing affordable housing for its faculty.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 91%, Four-Star out of Four Star rating.
New Square Kosher Certification Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The score is entirely based on accountability and finance metrics, showcasing the organization’s robust governance practices and transparency in operations.
The organization excels in several areas, notably having an entirely independent board of directors and well-defined policies regarding conflicts of interest and whistleblower protections. It also has a strong program expense ratio, with nearly 95% of its expenses allocated directly to its programs, reflecting a significant focus on mission-driven activities.
However, while the organization demonstrates good financial management, there is a slight concern with its liabilities to assets ratio, which stands at 53.55%. This indicates a moderate level of financial risk, suggesting that while the organization is financially sound, it may have some vulnerabilities that warrant attention. Overall, the nonprofit is well-regarded for its operational integrity and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is New Square Kosher Certification Inc legitimate?
New Square Kosher Certification Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Square Kosher Certification 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: $41,815
For more financial information, click here
What is the mission statement of New Square Kosher Certification Inc?
New Square Kosher Certification Inc aims to cater to the religious needs of the community by offering kosher certification for establishments and providing affordable housing for its faculty members. The organization's mission is multifaceted, prioritizing the provision of religious services and ensuring that establishments meet kosher standards, while also addressing the housing needs of its team members by offering low-cost accommodation.
Who is the CEO of New Square Kosher Certification Inc?
Elya Zabner is the Director of New Square Kosher Certification Inc.
What is the revenue of New Square Kosher Certification Inc?
New Square Kosher Certification Inc's revenue in 2022 was $788,991.
Who are the executives of New Square Kosher Certification Inc and what are their salaries?
The average compensation at New Square Kosher Certification Inc during 2022 was $13,938. There are 3 employees at New Square Kosher Certification Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Square Kosher Certification Inc?
New Square Kosher Certification Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Square Kosher Certification Inc
New Square Kosher Certification Inc is an organization dedicated to providing religious services for the community. Specifically, it offers kosher certification to establishments seeking to be recognized as kosher. In addition, the organization also provides low-cost housing for its faculty members.
The mission of New Square Kosher Certification Inc is multifaceted. On one hand, it aims to uphold religious standards within the community by certifying establishments that wish to adhere to kosher practices. On the other hand, it seeks to support its faculty members by offering affordable housing options.
By providing kosher certification, the organization ensures that establishments meet the religious standards required for kosher status. This not only benefits the establishment, but also the community members who follow kosher dietary laws. By offering low-cost housing, the organization supports its faculty members, enabling them to focus on their religious duties without undue financial burden.
In essence, New Square Kosher Certification Inc serves as a bridge between the religious community and businesses seeking kosher certification, and a provider of affordable housing for its faculty members, thereby contributing to the overall well-being of the community.
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Impact
June, 2024
New Square Kosher Certification Inc's impact is significant in the community as it provides essential religious services, particularly in certifying establishments as kosher. This certification not only ensures adherence to religious dietary laws but also boosts consumer confidence among those seeking kosher products. Additionally, the organization's provision of low-cost housing for faculty members plays a vital role in supporting their work and dedication to the community. Overall, New Square Kosher Certification Inc's activities have a direct and tangible impact on promoting religious observance and community well-being.
This information is meant to be a general summary of New Square Kosher Certification 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: $725,853
- Program Service Revenue: $61,288
- Gross Receipts: $960,650
Assets and Liabilities:
- Total Assets: $1,993,962
- Total Liabilities: $1,067,922
- Net Assets: $926,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$61,288
Organization Details
Founding Year
1992
Principal Officer
Elya Zabner
Main Address
29 WESTSIDE AVE, SPRING VALLEY, NY, 10952
NTEE Category
Code: C99Z - Environment
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