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Aishel Avraham Inc

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

EIN: 237411619 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Aishel Avraham Inc?

Aishel Avraham Inc, located in Brooklyn, New York, operates as a nonprofit organization with a specific mission. Their primary goal is to distribute income derived from various sources for charitable, religious, scientific, testing for public safety, literary, or educational purposes. They achieve this by contributing to organizations that fall under Section 501(c)(3) of the Internal Revenue Code. The organization's activities are centered around benefiting the elderly, disabled, and infirm, and they are committed to doing whatever is necessary, suitable, and proper to accomplish these purposes.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two Stars (67%)

Aishel Avraham Inc received a Two-Star out of Four Star rating from Charity Navigator, indicating an overall score of 67% derived entirely from its Accountability & Finance metrics. The charity demonstrates strong governance with a fully independent board and excellent practices in financial auditing and documentation of board meetings. The program expense ratio is commendable, suggesting that nearly all of its resources are directed toward programs.

However, the organization faces challenges with its liabilities to assets ratio, which is over 100%, indicating potential financial instability. Additionally, certain key policies, including the conflict of interest and whistleblower policies, have been noted as missing, potentially exposing the organization to governance risks. These factors contribute to the charity's lower overall rating despite its strengths in other areas.


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

Is Aishel Avraham Inc legitimate?

Aishel Avraham Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aishel Avraham 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 Aishel Avraham Inc?

Aishel Avraham Inc's mission is centered around distributing income derived from exempt organizations. The primary objective of this distribution is to benefit the elderly, disabled, and infirm. The organization is committed to carrying out any necessary, suitable, and appropriate actions to accomplish these purposes. In essence, Aishel Avraham Inc contributes to charitable, religious, scientific, testing for public safety, literary, or educational purposes by funding organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code.

Who is the CEO of Aishel Avraham Inc?

George Berger is the President of Aishel Avraham Inc.

What is the revenue of Aishel Avraham Inc?

Aishel Avraham Inc's revenue in 2022 was $1,770,763.

Who are the executives of Aishel Avraham Inc and what are their salaries?


Here are 5 key members and their salaries:


George Berger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Fischer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Goldstein (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morris Schlesinger (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aishel Avraham Inc?

Aishel Avraham Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aishel Avraham Inc

Aishel Avraham Inc, a nonprofit organization, is dedicated to distributing income derived from exempt organizations for the benefit of the elderly, disabled, and infirm. Their mission involves legally carrying out any necessary, suitable, and appropriate actions to accomplish these objectives. The primary purpose of Aishel Avraham Inc is to contribute to organizations that qualify as exempt under Section 501(c)(3) of the Internal Revenue Code. These organizations focus on charitable, religious, scientific, testing for public safety, literary, or educational purposes. By supporting these exempt organizations, Aishel Avraham Inc aims to make a positive impact on various communities and contribute to the betterment of society.

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Impact




October, 2024

Aishel Avraham Inc significantly impacts its community by providing financial support to various exempt organizations that focus on charitable, religious, scientific, educational, and public safety initiatives. By distributing income specifically for the benefit of the elderly, disabled, and infirm, the organization plays a crucial role in enhancing the quality of life for vulnerable populations.

The mission revolves around addressing the needs of those who may lack access to essential services and support. This dedication not only contributes to the immediate welfare of individuals but also fosters a sense of community resilience and care. Through its strategic financial allocations, Aishel Avraham Inc ensures that valuable resources are directed toward programs and services that enhance health and wellbeing, ultimately promoting a more inclusive and supportive environment for all.




This information is meant to be a general summary of Aishel Avraham 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
$1,770,763 (2022)
Expenses
$1,987,587 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $70
  • Program Service Revenue: $1,770,693
  • Gross Receipts: $1,770,763

Assets and Liabilities:

  • Total Assets: $4,858,539
  • Total Liabilities: $5,055,047
  • Net Assets: -$196,508

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Programs

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

RENT

Revenue

$1,770,693

Organization Details

Founding Year

1973

Principal Officer

George Berger

Main Address

1570 55TH STREET, BROOKLYN, NY, 11219

NTEE Category

Code: E91Z - Health

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