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Friends Of Kiryas Joel Community Room Inc

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

EIN: 261282863 ✦ Monroe, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Kiryas Joel Community Room Inc?

Friends of Kiryas Joel Community Room Inc. is a nonprofit organization based in Monroe, New York, specifically at 13 Dinev Road Unit 203. Its primary mission is to provide community centers for the benefit of the residents of Kiryas Joel, particularly those living in low and moderate income housing developments in the greater Orange County area. The organization's activities encompass managing, constructing, renovating, and providing financial grants for these community centers. Their objective is to create comfortable spaces for these communities, aiming to improve their overall well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)

Friends Of Kiryas Joel Community Room Inc has received a commendable Four-Star rating from Charity Navigator, reflecting an impressive overall score of 94%. This rating is primarily based on the organization’s accountability and finance practices, which are crucial indicators of its operational integrity and financial health. The rating suggests that the nonprofit demonstrates strong governance and fiscal responsibility.

The organization excels in maintaining a fully independent board, as evidenced by scoring 10 out of 10 for majority independent board members. Additionally, it has achieved full marks in various governance policies, including conflict of interest and whistleblower policies, which indicate a commitment to ethical management practices. The organization also boasts a high program expense ratio of 97.46%, showing that a significant portion of its resources is directed towards its programs and services.

However, while the organization shows strong financial management with a liabilities to assets ratio of 36.75%, it is essential for potential donors and supporters to consider overall mission impact alongside financial metrics. The commitment to transparency and accountability is a strong point, but understanding the broader impact of the organization’s programs will provide a more comprehensive view of its effectiveness in the community.


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

Is Friends Of Kiryas Joel Community Room Inc legitimate?

Friends Of Kiryas Joel Community Room Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Kiryas Joel Community Room 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 Friends Of Kiryas Joel Community Room Inc?

Friends of Kiryas Joel Community Room Inc. was established with the primary objective of providing community centers to benefit low- and moderate-income housing developments and their residents. The organization operates within the greater Orange County, NY surrounding areas. Their activities include managing, constructing, renovating, and providing financial grants for these centers. Moreover, they engage in actual construction of these centers, aiming to create comfortable spaces for the communities they serve.

Who is the CEO of Friends Of Kiryas Joel Community Room Inc?

Lipa Klein is the Director of Friends Of Kiryas Joel Community Room Inc.

What is the revenue of Friends Of Kiryas Joel Community Room Inc?

Friends Of Kiryas Joel Community Room Inc's revenue in 2022 was $456,535.

Who are the executives of Friends Of Kiryas Joel Community Room Inc and what are their salaries?


Here are 3 key members and their salaries:


Moishe Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lipa Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Rosenfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Kiryas Joel Community Room Inc?

Friends Of Kiryas Joel Community Room Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Kiryas Joel Community Room Inc

Friends of Kiryas Joel Community Room Inc, a nonprofit organization, was established with the primary mission of providing community centers for the benefit of residents in low and moderate income housing developments. Located in the greater Orange County, NY surrounding areas, this organization's activities are diverse and far-reaching. They manage, construct, renovate, and even provide financial grants for the construction of these community centers. The ultimate goal is to create comfortable spaces that cater to the needs of these communities. Through these initiatives, Friends of Kiryas Joel Community Room Inc aims to contribute positively to the lives of its target demographic, providing them with essential facilities and resources.

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Impact




July, 2024

Friends Of Kiryas Joel Community Room Inc provides vital community centers for the residents of the Village of Kiryas Joel, particularly serving low and moderate-income housing developments in the greater Orange County, NY surrounding areas. Their activities include managing, constructing, renovating, providing financial grants, and actually constructing these centers, all with the aim of providing comfort and support to these communities. Their impact is felt through the tangible provision of spaces and services that uplift and benefit those in need within the region.




This information is meant to be a general summary of Friends Of Kiryas Joel Community Room 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
$456,535 (2022)
Expenses
$347,555 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $456,535

Assets and Liabilities:

  • Total Assets: $272,704
  • Total Liabilities: $100,219
  • Net Assets: $172,485

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Organization Details

Founding Year

2007

Principal Officer

Lipa Klein

Main Address

13 DINEV ROAD UNIT 203, MONROE, NY, 10950

NTEE Category

Code: P28 - Human services

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