Overview
What is Gmil0S Chesed Of Rockland County?
Gmil0S Chesed of Rockland County is a nonprofit organization located at 1 WALLENBERG CIRCLE, MONSEY, NY 10952. Their primary mission is to extend financial assistance to various charitable organizations by providing interest-free loans. This strategic approach allows these charitable organizations to focus on their core missions, such as providing essential services and support to their communities, without the burden of high-interest loans. The organization's activities contribute to the overall betterment of the community by supporting a diverse range of charitable organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Gmil0S Chesed Of Rockland County has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is based entirely on its accountability metrics, which showcases the organization's commitment to transparency and responsible financial management. The charity scored particularly well in areas such as having a fully independent board and no material diversion of assets, indicating a robust governance structure.
The organization also demonstrates excellence in its financial practices, with a program expense ratio of 100%. This suggests that all resources are directed towards its charitable programs, enhancing its effectiveness in fulfilling its mission. Additionally, the presence of well-documented policies for conflict of interest, whistleblower protection, and document retention further underscores its accountability to stakeholders.
While Gmil0S Chesed Of Rockland County shows strong financial health and governance, continuous monitoring of its operational practices and community impact will be essential to maintain these high standards. Overall, this organization stands out for its strong ethical practices and focus on service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Gmil0S Chesed Of Rockland County legitimate?
Gmil0S Chesed Of Rockland County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gmil0S Chesed Of Rockland County 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 Gmil0S Chesed Of Rockland County?
Gmil0S Chesed of Rockland County's mission is centered around providing interest-free loans to various charitable organizations. This organization serves as a financial resource, aiming to support the noble causes and initiatives of these charities without accruing interest charges. By offering such loans, Gmil0S Chesed of Rockland County contributes to the overall well-being and growth of these charitable institutions, enabling them to allocate their funds more effectively towards their primary objectives. The organization's primary activity is thus focused on fostering the continued success of these charitable organizations through financial assistance.
Who is the CEO of Gmil0S Chesed Of Rockland County?
Vita Mendlowitz is the President of Gmil0S Chesed Of Rockland County.
What is the revenue of Gmil0S Chesed Of Rockland County?
Gmil0S Chesed Of Rockland County's revenue in 2022 was $78,949.
Who are the executives of Gmil0S Chesed Of Rockland County and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Gmil0S Chesed Of Rockland County?
Gmil0S Chesed Of Rockland County's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gmil0S Chesed Of Rockland County
Gmil0S Chesed Of Rockland County is an organization that carries out a unique mission in the charitable sector. Its primary focus is on providing interest-free loans to various nonprofit organizations. This mission is carried out with the entirety of its capital, demonstrating its commitment to supporting the noble causes of other charitable organizations financially. By offering interest-free loans, Gmil0S Chesed Of Rockland County aims to alleviate the financial burden that these organizations often face, allowing them to channel more of their resources towards achieving their respective missions.
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Impact
October, 2024
Gmil0S Chesed Of Rockland County significantly impacts the community by providing interest-free loans to charitable organizations. By offering financial support without the burden of interest, the organization enables these charities to access essential funds that can be directed towards various community service initiatives. This financial assistance fosters a supportive environment for charitable activities, allowing organizations to focus on their missions rather than financial constraints. As a result, Gmil0S Chesed plays a crucial role in enhancing the capacity and reach of charitable efforts in the region, ultimately benefiting those in need and strengthening the fabric of the community in Monsey, NY, and beyond.
This information is meant to be a general summary of Gmil0S Chesed Of Rockland County. 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.
- Investment Income: $78,949
- Gross Receipts: $78,949
Assets and Liabilities:
- Total Assets: $1,179,910
- Total Liabilities: $0
- Net Assets: $1,179,910
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Organization Details
Founding Year
1976
Principal Officer
Vita Mendlowitz
Main Address
1 WALLENBERG CIRCLE, MONSEY, NY, 10952
NTEE Category
Code: W60Z - Public benefit
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