Overview
What is Gemach Zichron Moshe Inc C/O Jonathan Ehrman?
Gemach Zichron Moshe Inc, under the leadership of Jonathan Ehrman, is a compassionate nonprofit organization based in Passaic, New Jersey. Their primary mission is to extend assistance to individuals who are currently grappling with economic hardships. They accomplish this by providing both short-term loans and grants, offering a crucial financial lifeline during challenging times. The organization operates with a focus on helping those in need, demonstrating a commitment to community support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
Gemach Zichron Moshe Inc has received a Two-Star rating from Charity Navigator, indicating that while it meets some accountability and financial standards, there are significant areas for improvement. The organization scores well in aspects such as having a majority of independent board members and high program expense ratios, demonstrating a strong commitment to its mission and effective use of funds towards programs.
However, the charity struggles with transparency and governance, reflected in a zero score for financial statements and several governance policies. The lack of essential documents on its website and a low fundraising efficiency ratio further highlight the organization's weaknesses. While the program expenses are well-allocated, the limited communication and oversight practices could raise concerns for potential donors about the overall financial health and transparency of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Gemach Zichron Moshe Inc C/O Jonathan Ehrman legitimate?
Gemach Zichron Moshe Inc C/O Jonathan Ehrman is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gemach Zichron Moshe Inc C/O Jonathan Ehrman 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 Gemach Zichron Moshe Inc C/O Jonathan Ehrman?
Gemach Zichron Moshe Inc, a non-profit organization, is dedicated to providing short-term financial aid to individuals who are currently facing economic difficulties. Their mission is to offer both loans and grants as a means of alleviating temporary financial burdens. By extending this assistance, they aim to help those in need regain their financial footing and overcome their hardships. The organization's primary objective is to provide a supportive hand during challenging times, promoting financial stability and well-being.
Who is the CEO of Gemach Zichron Moshe Inc C/O Jonathan Ehrman?
Jonathan Ehrman is the President/Treas. of Gemach Zichron Moshe Inc C/O Jonathan Ehrman.
What is the revenue of Gemach Zichron Moshe Inc C/O Jonathan Ehrman?
Gemach Zichron Moshe Inc C/O Jonathan Ehrman's revenue in 2022 was $2,734,503.
Who are the executives of Gemach Zichron Moshe Inc C/O Jonathan Ehrman and what are their salaries?
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 Gemach Zichron Moshe Inc C/O Jonathan Ehrman?
Gemach Zichron Moshe Inc C/O Jonathan Ehrman's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gemach Zichron Moshe Inc C/O Jonathan Ehrman
Gemach Zichron Moshe Inc C/O Jonathan Ehrman is an organization that undertakes a mission to extend short-term loans and grants to individuals facing economic hardships. This nonprofit entity is committed to alleviating the financial burdens of those in need, offering a vital lifeline during challenging times. By providing these financial resources, Gemach Zichron Moshe Inc C/O Jonathan Ehrman helps individuals overcome temporary financial difficulties, enabling them to maintain their dignity and stability. The organization's mission is a testament to its dedication to supporting those in need and promoting financial resilience.
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Impact
October, 2024
Gemach Zichron Moshe Inc C/O Jonathan Ehrman plays a vital role in supporting individuals who are facing economic challenges. By providing short-term loans and grants, it directly addresses the urgent financial needs of people in the Passaic, NJ community, helping them navigate through difficult times. This assistance can be crucial for those who might not have access to traditional financial resources, allowing them to cover essential expenses and stabilize their situations. The organization's focus on community improvement fosters a sense of solidarity and support, encouraging individuals to regain their financial footing and promoting overall wellbeing within the community.
This information is meant to be a general summary of Gemach Zichron Moshe Inc C/O Jonathan Ehrman. 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.
- Gross Receipts: $2,734,503
Assets and Liabilities:
- Total Assets: $1,883,967
- Total Liabilities: $591,881
- Net Assets: $1,292,086
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Organization Details
Founding Year
1999
Phone
(973) 471-8544Principal Officer
Jonathan Ehrman
Main Address
130 THE CIRCLE, PASSAIC, NJ, 07055
NTEE Category
Code: S30 - Community improvement
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