Overview
What is Ten Yad Kallah Gemach Inc?
Ten Yad Kallah Gemach Inc, based in Brooklyn, New York, is a nonprofit organization dedicated to assisting needy brides. Their mission is to provide financial aid to these individuals, enabling them to cover essential expenses related to starting a new household and getting married. With a team of six employees, Ten Yad Kallah Gemach Inc offers funds for wedding expenses and household goods, ensuring that these brides can begin their marital journey on a solid footing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Ten Yad Kallah Gemach Inc has achieved a high score of 94%, which reflects its strong performance in accountability and finance. This rating is significant as it indicates the organization operates with a high level of transparency and is well-managed financially, which is crucial for donor confidence and support.
The nonprofit boasts an independent board with all members being independent, showcasing robust governance practices. It has demonstrated effective financial management, with a program expense ratio of 83.56%, indicating that a large majority of its funds are directed toward its mission-related activities. Furthermore, it has policies in place for conflict of interest, whistleblowing, and document retention, enhancing its credibility.
Despite the strengths highlighted, it is important to note that the rating is based solely on the accountability and finance beacon, and no additional beacons have been assessed. Therefore, while financial competence is evident, potential donors may wish to consider the organization's overall impact and effectiveness in its programs when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Ten Yad Kallah Gemach Inc legitimate?
Ten Yad Kallah Gemach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ten Yad Kallah Gemach 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: $77,405
For more financial information, click here
What is the mission statement of Ten Yad Kallah Gemach Inc?
Ten Yad Kallah Gemach Inc's mission is centered around providing financial aid to brides in need. Their objective is to help these brides acquire the basic necessities required for their wedding and to start their new home. The organization provides funds for wedding expenses and household goods, thereby enabling these brides to begin their married life on a steady footing. In essence, Ten Yad Kallah Gemach Inc is committed to alleviating the financial burdens of needy brides, allowing them to embark on this significant life event with dignity and comfort.
Who is the CEO of Ten Yad Kallah Gemach Inc?
Sarah Dunin is the Trustee of Ten Yad Kallah Gemach Inc.
What is the revenue of Ten Yad Kallah Gemach Inc?
Ten Yad Kallah Gemach Inc's revenue in 2022 was $1,380,974.
Who are the executives of Ten Yad Kallah Gemach Inc and what are their salaries?
The average compensation at Ten Yad Kallah Gemach Inc during 2022 was $12,901. There are 6 employees at Ten Yad Kallah Gemach Inc.
Here are 3 key members and their salaries:
- 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 Ten Yad Kallah Gemach Inc?
Ten Yad Kallah Gemach Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ten Yad Kallah Gemach Inc
Ten Yad Kallah Gemach Inc is a nonprofit organization committed to extending financial aid to underprivileged brides in need. Their mission is centered around providing these brides with the essentials necessary to commence their married life, including funding for wedding expenses and household necessities. This aid enables these brides to establish a solid foundation for their new homes.
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Impact
October, 2024
Ten Yad Kallah Gemach Inc significantly impacts the lives of needy brides by providing essential financial assistance for their weddings and the establishment of their new homes. By covering wedding expenses and supplying basic household goods, the organization alleviates financial burdens that many families face during this pivotal life event. This support not only helps brides celebrate their marriages with dignity but also fosters stability as they begin their journey into married life. Operating out of Brooklyn, NY, Ten Yad Kallah Gemach Inc plays a crucial role in strengthening the community through its commitment to helping those in need, ensuring that every bride has the opportunity to start her new life with the necessary resources.
This information is meant to be a general summary of Ten Yad Kallah Gemach 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 2022.
- Gross Receipts: $3,060,364
Assets and Liabilities:
- Total Assets: $1,537,212
- Total Liabilities: $200,000
- Net Assets: $1,337,212
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Organization Details
Principal Officer
Sarah Dunin
Main Address
1291 PRESIDENT ST, BROOKLYN, NY, 11213
NTEE Category
Code: P83 - Human services
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