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Yad Chaya Inc

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

EIN: 134180255 ✦ Cedarhurst, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yad Chaya Inc?

Yad Chaya Inc, located at 123 Grove Avenue, Ste 212, Cedarhurst, NY 11516, is a nonprofit organization with a primary focus on providing financial aid to those in need, aligning with its primary exempt purpose. The organization extends its support to both religious communities and qualified exempt organizations by offering various resources such as food, clothing, shelter, and psychological assistance. Yad Chaya's mission is to strengthen these communities by addressing their financial struggles, ensuring that individuals in need receive the essentials they require.


Official website here: www.yadchaya.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

Yad Chaya Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's score of 92% is entirely based on its financial practices, indicating a high level of transparency and efficiency in how it manages its resources. The organization has demonstrated exemplary governance with a fully independent board, comprehensive auditing practices, and robust conflict of interest and whistleblower policies.

The nonprofit excels in its financial ratios, showcasing exceptional program expense efficiency at 99.67%, which means that nearly all of its funds are directed towards its charitable programs. Additionally, it has an impressive fundraising efficiency ratio of $0.002, indicating that it spends very little on fundraising efforts compared to the funds raised. The organization appears to maintain a solid financial footing, evidenced by a liabilities-to-assets ratio of 0.00%, which suggests no significant debts.

However, while the financial metrics are excellent, there is no information provided about the program impact or beneficiary feedback, which could give a more rounded perspective on the organization’s overall effectiveness. Despite this limitation, the strong financial accountability highlights Yad Chaya Inc's commitment to responsible management of donor funds.


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

Is Yad Chaya Inc legitimate?

Yad Chaya Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yad Chaya 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.yadchaya.com

What is the mission statement of Yad Chaya Inc?

Yad Chaya Inc, as an organization, supports religious communities by offering financial aid to eligible exempt organizations and needy individuals. This aid is provided in various forms, including food, clothing, shelter, and psychological support. The mission of Yad Chaya Inc is to assist those in need, in accordance with its primary exempt purpose, to alleviate poverty and hardship. The organization provides a vital service to its community, ensuring that those who are struggling have access to essential resources to improve their living conditions.


Official website here: www.yadchaya.com

Who is the CEO of Yad Chaya Inc?

Joseph Rowe is the Vice President of Yad Chaya Inc. The CEO's salary of Yad Chaya Inc is $0 and their total compensation is $0.


Official website here: www.yadchaya.com

What is the revenue of Yad Chaya Inc?

Yad Chaya Inc's revenue in 2022 was $3,844,512.


Official website here: www.yadchaya.com

Who are the executives of Yad Chaya Inc and what are their salaries?

There 20 volunteers at Yad Chaya Inc.


Here are 3 key members and their salaries (Yad Chaya Inc's CEO's salary is $0 and their total compensation is $0):


Joseph Rowe (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Nayman (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Eckstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yadchaya.com

Where can I find the form 990 for Yad Chaya Inc?

Yad Chaya Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yadchaya.com

Learn more at the official website: www.yadchaya.com

Mission Statement of Yad Chaya Inc

Yad Chaya Inc, a nonprofit organization, dedicates its mission to supporting religious communities by extending financial aid to qualifying exempt organizations and needy individuals. This assistance is primarily provided in the form of essentials such as food, clothing, shelter, and psychological support. By fulfilling this primary exempt purpose, Yad Chaya Inc works towards alleviating the struggles faced by those in need, thereby contributing to the well-being of the communities they serve.

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Impact




October, 2024

Yad Chaya Inc significantly impacts religious communities and individuals in need by providing essential financial assistance. This organization addresses critical social issues by offering support in the form of food, clothing, shelter, and psychological aid to those who qualify. By alleviating the basic needs of the poor and needy, Yad Chaya fosters a sense of community and hope, enabling individuals to overcome challenging circumstances. The focus on supporting both organizations and individuals allows for a comprehensive approach to social welfare, strengthening the fabric of the communities it serves and ensuring that assistance reaches those who need it most within Cedarhurst, NY, and beyond.




This information is meant to be a general summary of Yad Chaya 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
$3,844,512 (2022)
Expenses
$3,358,763 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $28,484
  • Gross Receipts: $3,844,512

Assets and Liabilities:

  • Total Assets: $1,322,445
  • Total Liabilities: $0
  • Net Assets: $1,322,445

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Organization Details

Founding Year

2001

Principal Officer

Joseph Rowe

Main Address

123 GROVE AVENUE STE 212, CEDARHURST, NY, 11516

NTEE Category

Code: P20 - Human services

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