Overview
What is Chofetz Chaim Of Lakewood?
Chofetz Chaim Of Lakewood is a nonprofit organization situated in Lakewood, New Jersey, at 204 Clifton Avenue. Its primary mission is to foster ethical behavior within the Jewish community. To achieve this goal, they produce and disseminate various educational materials, including audio, video, and printed content, based on the teachings of the Chofetz Chaim, specifically emphasizing the importance of refraining from gossip and harmful speech. With a dedicated team of 19 individuals, this organization seeks to promote moral conduct and positively impact the Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
Chofetz Chaim Of Lakewood has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score is solely based on the Accountability & Finance category, where the organization scored 64%. This score reflects a mix of strong governance practices such as having a majority of independent board members and the presence of essential policies, while it was significantly penalized for the absence of financial statements.
The organization excels in governance metrics, with all board members being independent and having established policies for conflicts of interest, whistleblowing, and document retention. These strengths suggest a commitment to ethical management and transparency. Additionally, the charity maintains a high program expense ratio, indicating that a significant portion of its expenditures is directed toward its programs.
However, notable weaknesses are evident, particularly in financial reporting, as the organization has not provided financial statements or made its tax form accessible online. This lack of transparency raises concerns about the organization's financial practices, as reflected in its liability-to-assets ratio, which is notably high. Overall, while Chofetz Chaim Of Lakewood demonstrates some solid governance practices, improvements in financial reporting and transparency are necessary for a higher rating.
This AI summary has been generated from information found on Charity Navigator.
Is Chofetz Chaim Of Lakewood legitimate?
Chofetz Chaim Of Lakewood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chofetz Chaim Of Lakewood 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: $621,686
For more financial information, click here
What is the mission statement of Chofetz Chaim Of Lakewood?
The mission of the organization, referred to as Chofetz Chaim, is centered around promoting ethical behavior within the Jewish community. They achieve this goal by producing various forms of media, such as audio, video, and printed materials, which serve to disseminate teachings on ethical conduct, specifically focusing on the avoidance of gossip and harmful speech. This organization is dedicated to fostering a community that adheres to high moral standards and encourages positive communication practices.
What is the revenue of Chofetz Chaim Of Lakewood?
Chofetz Chaim Of Lakewood's revenue in 2023 was $889,906.
Who are the executives of Chofetz Chaim Of Lakewood and what are their salaries?
The average compensation at Chofetz Chaim Of Lakewood during 2023 was $32,720. There are 19 employees at Chofetz Chaim Of Lakewood.
Here are 3 key members and their salaries:
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chofetz Chaim Of Lakewood?
Chofetz Chaim Of Lakewood's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chofetz Chaim Of Lakewood
Chofetz Chaim Of Lakewood is an organization dedicated to fostering ethical behavior within the Jewish community. Its primary objective is twofold: firstly, to advocate for and uphold moral standards within the community, and secondly, to disseminate the teachings of the renowned Rabbi Yisroel Meir Kagan, commonly known as the Chofetz Chaim, on the importance of refraining from gossip and harmful speech. To achieve these goals, Chofetz Chaim Of Lakewood produces various audio, video, and printed materials to spread these ethical principles. By doing so, the organization seeks to instill a sense of responsibility and accountability among its community members, ultimately leading to a more harmonious and ethical society.
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Impact
August, 2024
The impact of Chofetz Chaim Of Lakewood is primarily focused on promoting ethical behavior within the Jewish community. Through the production and dissemination of audio, video, and printed materials based on the teachings of the Chofetz Chaim, this organization aims to address issues such as refraining from gossip and harmful speech. By spreading awareness and providing guidance on ethical conduct, Chofetz Chaim Of Lakewood plays a crucial role in fostering a culture of integrity and respect within the Jewish community.
This information is meant to be a general summary of Chofetz Chaim Of Lakewood. 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 2023.
- Program Service Revenue: $255,179
- Gross Receipts: $889,906
Assets and Liabilities:
- Total Assets: $96,627
- Total Liabilities: $131,468
- Net Assets: -$34,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$255,179
Organization Details
Principal Officer
Esther Koot
NTEE Category
Code: X30 - Religion related
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