Overview
What is Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation?
Bais Havaad Linyonei Mishpat A NJ Nonprofit Corporation, located in Lakewood, New Jersey, is a specialized organization catering to the Orthodox Jewish community. Their primary program, the Consult and Service Division, offers immediate solutions to financial and social issues faced by Orthodox Jews in their business environment. The organization's unique approach is rooted in the Jewish Code, known as Halachah, which holds a higher authority than both common and civil law for Orthodox Jews. Rabbis with expertise in financial Halachic matters are available to provide guidance, ensuring that all business dealings adhere to religious principles. The nonprofit employs 18 individuals dedicated to upholding this mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating)
Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its accountability and financial practices. While the organization boasts a solid Program Expense Ratio of 88.92% and high fundraising efficiency, it falls short in several key aspects, including the lack of financial statements and missing policies related to whistleblower protections and document retention.
The nonprofit has a commendable majority of independent board members, which reflects positively on its governance. However, the small size of its independent board members (only 2) limits its overall effectiveness. Furthermore, the organization has not disclosed its website information on its tax forms, which detracts from transparency.
Although there are no reported instances of material diversion of assets, the liabilities to assets ratio of 68.05% raises some concerns about its financial stability. Overall, while Bais Havaad Linyonei Mishpat demonstrates a commitment to its mission with high program spending, it has notable areas for improvement, particularly in accountability and transparency practices.
This AI summary has been generated from information found on Charity Navigator.
Is Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation legitimate?
Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation 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: $200,285
Professional Fundraising Fees: $87,367
Other Salaries and Wages: $368,451
For more financial information, click here
What is the mission statement of Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation?
Bais Havaad Linyonei Mishpat, a nonprofit organization, is dedicated to providing "halachic" legal services to Orthodox Jews. The organization recognizes that even simple business transactions can involve intricate legal and religious issues. Halachah, a Jewish code, serves as a guiding principle. Orthodox Jews believe that in internal monetary disputes, Halachah takes precedence over both common and civil law. Unlike the American legal system, which relies on logic and reason, Halachah is grounded in the combined duty of an individual towards God and fellow humans. The Orthodox Jew believes that a system relying solely on logic and reason will falter without an obligation to a higher source. Consequently, Bais Havaad Linyonei Mishpat aims to cater to the unique legal needs of Orthodox Jews, understanding their belief in accountability to God and fellow humans.
What is the revenue of Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation?
Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation's revenue in 2023 was $2,542,430.
Who are the executives of Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation and what are their salaries?
The average compensation at Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation during 2023 was $29,933. There are 19 employees at Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation.
Here are 4 key members and their salaries:
- Compensation: $107,885
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $32,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation?
Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation
Bais Havaad Linyonei Mishpat, a Nonprofit Corporation, is dedicated to serving Orthodox Jewish communities by providing them with "halachic" legal services. The organization recognizes that even the most straightforward business transactions can entail intricate legal and "Halachic" concerns. Halachah, an essential part of Jewish law, is a code of conduct derived from both the Old Testament and the "oral testament," further elaborated in the "Talmud."
Orthodox Jews believe that Halachah takes precedence over both common and civil law in internal monetary disputes. This belief stems from the Orthodox Jewish understanding that when it comes to legal matters, an individual's duty to God supersedes their duty to another party. The American legal system, which is founded on logic and reason, is perceived as insufficient in this context. Bais Havaad Linyonei Mishpat, therefore, seeks to bridge this gap, ensuring that the Jewish community has a legal system that acknowledges their unique religious obligations.
In summary, Bais Havaad Linyonei Mishpat, a Nonprofit Corporation, is committed to providing Orthodox Jewish communities with "halachic" legal services. The organization acknowledges the complexity of legal and religious issues within these communities and strives to provide a legal system that aligns with their unique religious beliefs and obligations. By upholding Halachah, Bais Havaad Linyonei Mishpat aims to create a legal framework that is both practical and faithful to Jewish law, ensuring that Orthodox Jews can navigate their legal matters with confidence and integrity.
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Impact
October, 2024
Bais Havaad Linyonei Mishpat plays a crucial role in the lives of Orthodox Jews by providing halachic legal services that align with their religious beliefs and practices. In a community where adherence to Halachah is paramount, this organization addresses the complexities that can arise in business dealings and internal monetary disputes. By offering specialized consultations during business hours, it ensures that individuals can access tailored guidance that acknowledges their spiritual and ethical obligations.
By operating within the framework of Halachah, Bais Havaad reinforces a unique legal perspective that prioritizes accountability to God and ethical interactions among individuals. This approach contrasts with conventional legal systems that may not take into account the spiritual dimensions of justice and morality. As a result, the organization not only helps resolve financial issues but also fosters a sense of communal trust and integrity among its members.
The immediate availability of experienced Rabbis who specialize in financial matters further enhances its impact, as it provides timely responses to urgent needs that clients may encounter. This responsiveness is vital in maintaining a supportive environment where individuals can navigate challenging situations without sacrificing their faith-based values. Overall, Bais Havaad Linyonei Mishpat serves as a cornerstone for the Orthodox community, ensuring that their legal and ethical needs are met in a manner consistent with their religious principles.
This information is meant to be a general summary of Bais Havaad Linyonei Mishpat A Nj Nonprofit Corporation. 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.
- Program Service Revenue: $539,350
- Gross Receipts: $2,542,430
Assets and Liabilities:
- Total Assets: $3,477,149
- Total Liabilities: $2,788,837
- Net Assets: $688,312
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daf Yomi Halacha
Revenue
$18
Halachic Consultation
Revenue
$533,007
Mediation/Arbitration
Shtaros/Halachic Contract
Revenue
$6,325
Organization Details
Founding Year
2008
Principal Officer
David Grossman
NTEE Category
Code: X99 - Religion related
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