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Beit Chabad Almagro Inc

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

EIN: 270039602 ✦ Miami beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Beit Chabad Almagro Inc?

Beit Chabad Almagro Inc, situated in Miami Beach, Florida, serves as a supportive community for the Sinagogue Baron Hirsch congregation. Their primary mission is to offer assistance through various means, such as a food pantry, religious services, and educational programs, specifically catering to families in need. By providing these essential resources, Beit Chabad Almagro Inc aims to uplift and strengthen the community they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. This rating indicates that while Beit Chabad Almagro Inc has certain strengths, it also faces significant challenges in terms of accountability and financial transparency. The combined score reflects moderate performance, suggesting there are areas of improvement needed for stakeholders to feel confident in their financial practices.

One of the organization's notable strengths is its commitment to an independent board, scoring 100% in that category. Furthermore, it demonstrates a strong program expense ratio of 70.84%, indicating a substantial portion of funds is directed towards its programs. However, there are multiple areas of concern, including the lack of independent board size evaluation and insufficient financial statement transparency, which earned a score of 0 out of 15 points.

Additionally, the nonprofit has not implemented key governance policies, such as a conflict of interest policy and a whistleblower policy, both of which received scores of 0 out of 4 points. These shortcomings may hinder overall operational integrity and trust among donors and beneficiaries alike, highlighting the need for Beit Chabad Almagro Inc to enhance its governance and transparency practices to foster greater confidence in its mission.


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

Is Beit Chabad Almagro Inc legitimate?

Beit Chabad Almagro Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beit Chabad Almagro 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 Beit Chabad Almagro Inc?

Beit Chabad Almagro Inc, in its mission, focuses on providing human relief to a specific congregation, Sinagogue Baron Hirsch. Their primary services include operating a food pantry, offering religious services, and providing educational resources. This aid is specifically intended for families in need within the congregation.

Who is the CEO of Beit Chabad Almagro Inc?

Adrian Schvetz is the Director of Beit Chabad Almagro Inc.

What is the revenue of Beit Chabad Almagro Inc?

Beit Chabad Almagro Inc's revenue in 2023 was $736,968.

Who are the executives of Beit Chabad Almagro Inc and what are their salaries?


Here are 2 key members and their salaries:


Jorge Schvetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrian Schvetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beit Chabad Almagro Inc?

Beit Chabad Almagro Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Beit Chabad Almagro Inc

Beit Chabad Almagro Inc is a nonprofit organization that is dedicated to providing human relief to the congregation of Sinagogue Baron Hirsch. They achieve this mission by offering a variety of services, including a food pantry, religious services, and educational programs. These initiatives are specifically designed to cater to the needs of families who are in need. The food pantry provides essential provisions, while the religious services and education help to strengthen the spiritual and cultural fabric of the congregation. By offering these services, Beit Chabad Almagro Inc aims to support and uplift the members of the Sinagogue Baron Hirsch congregation.

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Impact




October, 2024

Beit Chabad Almagro Inc plays a vital role in supporting the community by delivering essential services to the congregation of Sinagogue Baron Hirsch. Its impact is felt primarily through the provision of a food pantry, which alleviates food insecurity among families in need, ensuring they have access to nutritious meals. Additionally, the organization offers religious services that foster spiritual growth and community bonding, helping congregants stay connected to their faith and each other. Educational programs further enhance the community's wellbeing by providing knowledge and resources that empower individuals, enriching their lives both spiritually and intellectually. The collective efforts of Beit Chabad Almagro Inc significantly improve the quality of life for many families in Miami Beach, creating a compassionate and supportive environment.




This information is meant to be a general summary of Beit Chabad Almagro 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
$736,968 (2023)
Expenses
$690,191 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $736,968

Assets and Liabilities:

  • Total Assets: $534,417
  • Total Liabilities: $71,141
  • Net Assets: $463,276

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Organization Details

Founding Year

2003

Principal Officer

Adrian Schvetz

Main Address

9800 W Bay Harbor Dr STE 204, Miami Beach, FL, 33154

NTEE Category

Code: X113 - Religion related

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