Overview
What is Chabad Of Argentina Relief Appeal?
Chabad of Argentina Relief Appeal is a nonprofit organization, specifically based at 478 Albany Avenue Suite 136, Brooklyn, NY 11203. Its primary mission is to offer financial assistance in humanitarian aid and support for religious educational institutions affected by the financial crisis in Argentina. By providing funding for educational and charitable institutions, this organization aims to contribute positively to the community in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, Two-Star out of Four Stars
Chabad Of Argentina Relief Appeal has received a Two-Star rating from Charity Navigator, indicating there are significant areas for improvement in its accountability and financial practices. The charity scored well in areas such as having a majority of independent board members and maintaining a good liabilities to assets ratio, which suggests a stable financial foundation. However, the organization fell short in critical areas such as independent board size and financial statement transparency, which could raise concerns about governance and oversight.
The charity has a solid program expense ratio, indicating that most of its funding goes directly toward its mission-related activities. This is a positive aspect that reflects a commitment to effective service delivery. However, the lack of transparency in financial reporting, as highlighted by the zero scores in several key metrics, could detract from donors' trust.
Limitations include a lack of policies related to whistleblowing and document retention, which are important for maintaining accountability. Additionally, the charity's fundraising efficiency was rated poorly, which may indicate challenges in generating funds effectively. Overall, while there are strengths in governance and program focus, potential donors should consider these weaknesses when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Chabad Of Argentina Relief Appeal legitimate?
Chabad Of Argentina Relief Appeal is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chabad Of Argentina Relief Appeal 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 Chabad Of Argentina Relief Appeal?
The mission of Chabad of Argentina Relief Appeal, in essence, revolves around providing financial assistance. This aid is primarily intended for educational and charitable institutions, aiming to support their operations during challenging times. Specifically, during the financial crisis in Argentina, the organization provided grants to aid in humanitarian efforts and to assist religious educational institutions that were impacted.
Who is the CEO of Chabad Of Argentina Relief Appeal?
David Tessel is the Trustee of Chabad Of Argentina Relief Appeal.
What is the revenue of Chabad Of Argentina Relief Appeal?
Chabad Of Argentina Relief Appeal's revenue in 2022 was $5,187,078.
Who are the executives of Chabad Of Argentina Relief Appeal and what are their salaries?
There 4 volunteers at Chabad Of Argentina Relief Appeal.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chabad Of Argentina Relief Appeal?
Chabad Of Argentina Relief Appeal's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chabad Of Argentina Relief Appeal
Chabad of Argentina Relief Appeal is an organization committed to aiding in the provision of funding for educational and charitable institutions. Its mission is centered around providing financial assistance, aiming to contribute to humanitarian aid and support religious educational institutions that have been impacted by the financial crisis in Argentina. The relief appeal has been instrumental in dispensing grants to help these institutions in their time of need.
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Impact
October, 2024
Chabad Of Argentina Relief Appeal plays a crucial role in addressing the challenges faced by educational and charitable institutions in Argentina. By providing essential funding, it enables humanitarian aid and supports religious educational institutions affected by the ongoing financial crisis. This support is vital, as it helps maintain the stability and operation of these institutions, which are often lifelines for the communities they serve.
Through targeted grants, the organization fosters a framework where educational initiatives can continue to thrive, even amid economic hardships. The impact is profound, as it not only aids in alleviating immediate financial burdens but also contributes to the long-term sustainability of education and charitable efforts within the region. Communities benefit from enhanced access to resources, support systems, and opportunities for personal and spiritual growth, reinforcing the fabric of society during difficult times.
This information is meant to be a general summary of Chabad Of Argentina Relief Appeal. 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 2022.
- Gross Receipts: $5,187,078
Assets and Liabilities:
- Total Assets: $2,043,692
- Total Liabilities: $0
- Net Assets: $2,043,692
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Organization Details
Founding Year
2003
Phone
(212) 681-7800Principal Officer
David Tessel
Main Address
478 ALBANY AVENUE SUITE 136, BROOKLYN, NY, 11203
NTEE Category
Code: T30 - Philanthropy
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