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Talmudic Research Center Of Northern New Jersey

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

EIN: 222041389 ✦ Passaic, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Talmudic Research Center Of Northern New Jersey?

The Talmudic Research Center of Northern New Jersey is a nonprofit institution located at 35 Ascension Street, Passaic, New Jersey 07055. Its primary mission is to provide advanced theological education for Orthodox Jewish students, preparing them for careers in the rabinate and community leadership. The center's curriculum encompasses the Talmud, Jewish thought, and ethical and moral concepts of Judaism, aiming to cultivate a deep understanding and mastery of these subjects among its students. With a staff of 25 individuals, the Talmudic Research Center of Northern New Jersey is dedicated to fostering the development of future leaders in the Orthodox Jewish community.

What are the reviews and ratings of this charity?

Charity Navigator rating: 75%, Three-Star out of Four Star rating.

The Talmudic Research Center of Northern New Jersey has received a solid Three-Star rating from Charity Navigator, reflecting a commendable level of accountability and financial health. With a program expense ratio of nearly 89%, the organization demonstrates a strong commitment to directing funds towards its mission. The low liabilities to assets ratio indicates sound management of its financial resources.

Strengths noted in the data include high scores in several key areas, such as fundraising efficiency and compliance with governance policies. The organization has successfully implemented policies for conflict of interest and whistleblower protections, which indicates a focus on ethical operations and transparency. Furthermore, the center's ability to maintain a working capital ratio of 0.92 years suggests it is well-positioned to meet its short-term obligations.

While the organization has performed admirably in several metrics, the overall rating remains at a moderate level, indicating that there might be areas for improvement in terms of outreach or impact measurement. Nonetheless, the Talmudic Research Center appears to be a stable and responsible nonprofit committed to its mission.


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

Is Talmudic Research Center Of Northern New Jersey legitimate?

Talmudic Research Center Of Northern New Jersey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talmudic Research Center Of Northern New Jersey 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: $277,204
Professional Fundraising Fees: $0
Other Salaries and Wages: $730,654

For more financial information, click here

What is the mission statement of Talmudic Research Center Of Northern New Jersey?

The Talmudic Research Center of Northern New Jersey is committed to providing advanced theological education for Orthodox Jewish students, preparing them for roles in the rabbinate and community leadership. Its mission encompasses teaching students to comprehend and master the Talmud. Additionally, the center offers courses in Jewish thought and instills ethical and moral principles of Judaism. The primary objective is to equip students with the necessary skills to make significant contributions to their Jewish communities.

Who is the CEO of Talmudic Research Center Of Northern New Jersey?

Rabbi Meir Stern is the President And Dean of Talmudic Research Center Of Northern New Jersey.

What is the revenue of Talmudic Research Center Of Northern New Jersey?

Talmudic Research Center Of Northern New Jersey's revenue in 2022 was $5,237,240.

Who are the executives of Talmudic Research Center Of Northern New Jersey and what are their salaries?

The average compensation at Talmudic Research Center Of Northern New Jersey during 2022 was $40,314. There are 25 employees at Talmudic Research Center Of Northern New Jersey.


Here are 3 key members and their salaries:


Rabbi Meir Stern (President And Dean)
  • Compensation: $61,500
  • Related: $0
  • Other: $13,500
Rabbi Shalom G Stern (Secretary)
  • Compensation: $92,144
  • Related: $0
  • Other: $12,000
Rabbi Yechiel M Mintz (Vice President)
  • Compensation: $110,060
  • Related: $0
  • Other: $5,400
Where can I find the form 990 for Talmudic Research Center Of Northern New Jersey?

Talmudic Research Center Of Northern New Jersey's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Talmudic Research Center Of Northern New Jersey

The Talmudic Research Center of Northern New Jersey is committed to providing advanced theological education for Orthodox Jewish students, with the ultimate goal of preparing them for the rabbinate and community leadership roles. The center's mission is multifaceted, focusing on equipping its students with a deep understanding and mastery of the Talmud, the central text of Jewish law and tradition. Beyond Talmudic studies, the center also offers courses in Jewish thought, instilling in its students the ethical and moral principles that form the foundation of Judaism. The center's mission is deeply rooted in the belief that the proper understanding and application of these principles are crucial for effective leadership within the Orthodox Jewish community.

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Impact




October, 2024

The Talmudic Research Center of Northern New Jersey plays a vital role in the education and development of Orthodox Jewish students, equipping them for future roles in the Rabbinate and community leadership. By offering advanced theological training, the center fosters a deep understanding of the Talmud, essential for guiding and teaching within the community.

Through its curriculum, students not only master the intricacies of Talmudic texts but also engage in classes focused on Jewish thought and ethical principles. This comprehensive approach ensures that graduates are well-prepared to address both spiritual and practical challenges within their communities, promoting a rich understanding of Jewish teachings and moral values.

The center's impact extends beyond individual education, as its graduates often take on leadership positions that influence the broader community, enhancing communal life and preserving Jewish traditions. As a hub for advanced study, the Talmudic Research Center serves as a crucial resource for fostering future leaders who uphold and transmit the values of Judaism.




This information is meant to be a general summary of Talmudic Research Center Of Northern New Jersey. 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
$5,237,240 (2022)
Expenses
$5,418,241 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,575
  • Program Service Revenue: $688,116
  • Gross Receipts: $5,600,508

Assets and Liabilities:

  • Total Assets: $6,124,465
  • Total Liabilities: $769,314
  • Net Assets: $5,355,151

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & DORMITORY FE

Revenue

$688,116

Organization Details

Founding Year

1974

Principal Officer

Rabbi Meir Stern

Main Address

35 ASCENSION STREET, PASSAIC, NJ, 07055

NTEE Category

Code: B58Z - Education

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