Overview
What is Chelsea Jewish Charitable Foundation Inc?
Chelsea Jewish Charitable Foundation Inc is a philanthropic organization situated in Peabody, Massachusetts. Its primary role is to offer funding and support services to affiliated non-profit entities within the Chelsea Jewish Lifecare, Inc. group. These entities focus on enriching the lives of their residents and program participants, enabling them to maintain a sense of purpose and meaning. The Foundation provides equity/deficit funding, loan guarantees, and working capital funding, as needed, to assist these organizations in their missions. By offering such support, Chelsea Jewish Charitable Foundation Inc plays a crucial role in enhancing the quality of life for those in their care.
Official website here: www.chelseajewish.org
Is Chelsea Jewish Charitable Foundation Inc legitimate?
Chelsea Jewish Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelsea Jewish Charitable Foundation 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: $525,170
For more financial information, click here
Official website here: www.chelseajewish.org
What is the mission statement of Chelsea Jewish Charitable Foundation Inc?
The Chelsea Jewish Charitable Foundation Inc's mission is centered around raising funds and offering support services to related non-profit entities. These entities are part of the Chelsea Jewish LifeCare Inc. group and are committed to enriching the lives of their residents and program participants. The foundation's objective is to help these entities continue living with a sense of purpose and meaning. They achieve this by providing equity/deficit funding, loan guarantees, and working capital funding as necessary. The primary goal is to enhance the quality of life for each individual under their care.
Official website here: www.chelseajewish.org
Who is the CEO of Chelsea Jewish Charitable Foundation Inc?
Adam Berman is the CEO of Chelsea Jewish Charitable Foundation Inc The CEO's salary of Chelsea Jewish Charitable Foundation Inc is $0 and their total compensation is $750,987.
Official website here: www.chelseajewish.org
What is the revenue of Chelsea Jewish Charitable Foundation Inc?
Chelsea Jewish Charitable Foundation Inc's revenue in 2023 was $300,924.
Official website here: www.chelseajewish.org
Who are the executives of Chelsea Jewish Charitable Foundation Inc and what are their salaries?
There 1 volunteer at Chelsea Jewish Charitable Foundation Inc.
Here are 11 key members and their salaries (Chelsea Jewish Charitable Foundation Inc's CEO's salary is $0 and their total compensation is $750,987):
- Compensation: $0
- Related: $893,369
- Other: $10,548
- Compensation: $0
- Related: $729,661
- Other: $21,326
- Compensation: $0
- Related: $292,864
- Other: $8,407
- Compensation: $0
- Related: $82,682
- Other: $107
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $208,928
- Other: $20,813
- Compensation: $0
- Related: $255,638
- Other: $20,890
- Compensation: $0
- Related: $208,131
- Other: $7,906
- Compensation: $0
- Related: $195,121
- Other: $7,219
- Compensation: $0
- Related: $197,110
- Other: $0
- Compensation: $0
- Related: $204,322
- Other: $20,387
Official website here: www.chelseajewish.org
Where can I find the form 990 for Chelsea Jewish Charitable Foundation Inc?
Chelsea Jewish Charitable Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.chelseajewish.org
Learn more at the official website: www.chelseajewish.org
Mission Statement of Chelsea Jewish Charitable Foundation Inc
Chelsea Jewish Charitable Foundation Inc is dedicated to supporting related organizations within the Chelsea Jewish LifeCare, Inc. group. Their mission is to engage in fundraising activities and provide necessary support services, with the aim of sponsoring non-profit entities. These entities are committed to enriching the lives of their residents and program participants, enabling them to continue living with a sense of meaning and purpose. The foundation provides financial assistance through equity/deficit funding, loan guarantees, and working capital funding, as needed, to assisted living and rehabilitation non-profits affiliated with Chelsea Jewish LifeCare, Inc. This support empowers these organizations to deliver high-quality services to their beneficiaries, ultimately contributing to their overall well-being and quality of life.
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Impact
October, 2024
Chelsea Jewish Charitable Foundation Inc plays a crucial role in enhancing the quality of life for residents and program participants within the Chelsea Jewish Lifecare community. Through targeted fundraising and support services, the foundation provides essential financial resources to its related organizations, ensuring they can continue to offer enriched living experiences in assisted living and rehabilitation settings.
With a focus on equity and deficit funding, loan guarantees, and working capital, the foundation helps maintain operational stability and growth for various nonprofits under its umbrella. This support allows these organizations to focus on delivering meaningful experiences to their residents, fostering an environment where individuals can live their lives with purpose and dignity.
By engaging in these philanthropic activities, the foundation not only strengthens the resources available to Chelsea Jewish Lifecare but also positively impacts the health and well-being of countless individuals, making a significant difference in the communities they serve.
This information is meant to be a general summary of Chelsea Jewish Charitable Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $225,473
- Gross Receipts: $959,921
Assets and Liabilities:
- Total Assets: $5,734,429
- Total Liabilities: $649,269
- Net Assets: $5,085,160
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Organization Details
Founding Year
2007
Principal Officer
Adam Berman
Website
www.chelseajewish.orgNTEE Category
Code: E11 - Health
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