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Mikvah Of Waterbury Inc

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

EIN: 208048942 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Mikvah Of Waterbury Inc?

Mikvah of Waterbury Inc is a nonprofit organization situated in Waterbury, Connecticut. Their primary mission is to construct, establish, and maintain a Mikvah, an orthodox Jewish ritual bath, within their premises. The organization's activities revolve around operating this sacred bath, serving the local Jewish community with religious significance and cultural importance.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two Stars, 70%)

Mikvah Of Waterbury Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while the organization excels in accountability and finance, there are significant areas needing improvement. Specifically, it scored a perfect 100% in accountability metrics, reflecting strong governance with a fully independent board and no reported material diversion of assets.

However, the organization fell short in transparency and compliance, receiving zero points in several critical areas such as tax form disclosures, conflict of interest policy, and website disclosures. This indicates a lack of comprehensive public accountability measures, which can affect stakeholder trust and engagement.

In terms of financial health, Mikvah Of Waterbury Inc maintains a favorable liabilities to assets ratio of 17.61% and has a program expense ratio of 100%, suggesting efficient use of its resources towards its mission. Nonetheless, the noted deficiencies in transparency and policy documentation highlight important areas for development to bolster its reputation and operational effectiveness.


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

Is Mikvah Of Waterbury Inc legitimate?

Mikvah Of Waterbury Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mikvah Of Waterbury 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

What is the mission statement of Mikvah Of Waterbury Inc?

Mikvah of Waterbury Inc's mission involves establishing, constructing, and maintaining a Mikvah. This is a significant part of their activities as an organization. They operate an orthodox Jewish ritual bath, providing a religious facility within their establishment. The primary purpose of Mikvah of Waterbury Inc is to uphold and promote this traditional Jewish practice.

Who is the CEO of Mikvah Of Waterbury Inc?

Chaim Bernstein is the President of Mikvah Of Waterbury Inc.

What is the revenue of Mikvah Of Waterbury Inc?

Mikvah Of Waterbury Inc's revenue in 2022 was $50,837.

Who are the executives of Mikvah Of Waterbury Inc and what are their salaries?

There 3 volunteers at Mikvah Of Waterbury Inc.


Here are 3 key members and their salaries:


Chaim Bernstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yechezkel Schuck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yerachmiel Karr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mikvah Of Waterbury Inc?

Mikvah Of Waterbury Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mikvah Of Waterbury Inc

Mikvah of Waterbury Inc, a nonprofit organization, is dedicated to establishing, constructing, and maintaining a Mikvah. This Mikvah serves as an orthodox Jewish ritual bath, a significant facet of their mission. The organization operates this Mikvah within its premises, providing a space for individuals who follow these religious practices to carry out this essential ritual. Mikvah of Waterbury Inc's mission is to preserve and uphold this religious tradition, making it accessible to the community that adheres to these beliefs.

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Impact




August, 2024

Mikvah Of Waterbury Inc's impact is profound in the community as it provides a vital resource for individuals practicing Orthodox Judaism in the Waterbury, CT area. By establishing, constructing, and maintaining a Mikvah, they offer a sacred space for ritual immersion, a fundamental practice in Jewish tradition. This organization plays a crucial role in preserving religious customs and facilitating spiritual growth among its members. The presence of Mikvah Of Waterbury Inc ensures that individuals have access to this important aspect of their faith, enriching their religious experience and strengthening community bonds.




This information is meant to be a general summary of Mikvah Of Waterbury 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
$50,837 (2022)
Expenses
$50,243 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $82,140

Assets and Liabilities:

  • Total Assets: $752,762
  • Total Liabilities: $132,600
  • Net Assets: $620,162

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Organization Details

Founding Year

2004

Principal Officer

Chaim Bernstein

Main Address

135 Cables Avenue, Waterbury, CT, 06710

NTEE Category

Code: X30 - Religion related

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