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Tamid Israel Investment Group Ltd

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

EIN: 270546893 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Tamid Israel Investment Group Ltd?

Tamid Israel Investment Group Ltd is a nonprofit organization situated in Grand Rapids, Michigan, specifically at 625 Kenmoor Ave SE Suite 350, 49546. Their primary focus is on providing an enriching summer internship experience and sightseeing opportunity in Israel for students affiliated with Tamid. This initiative, aimed at emerging professionals, is part of Tamid Group's mission to foster experiential education and establish enduring connections to Israel. With a modest workforce of 12 individuals, Tamid Israel Investment Group Ltd contributes to its mission through this unique program, fostering a deeper understanding and appreciation of Israel among its participants.


Official website here: www.tamidgroup.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%, Three-Star out of Four Star rating

Tamid Israel Investment Group Ltd has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial integrity. The organization boasts an impressive accountability score of 89%, with a fully independent board and robust oversight measures in place. Key strengths include high scores for financial statements, conflict of interest policy, and effective document management, indicating a transparent operational framework.

Financially, Tamid demonstrates a commendable program expense ratio of 70.73%, showcasing its dedication to directing resources towards its mission. The fundraising efficiency ratio is also notable at $0.12, suggesting effective fundraising practices. However, the organization has a liabilities to assets ratio of 39.74%, which indicates some financial risk, and a working capital ratio of 0.33 years, which may raise concerns about short-term financial sustainability.

In summary, while Tamid Israel Investment Group Ltd exhibits strong governance and operational practices, potential donors may want to consider its financial ratios when evaluating the organization's long-term stability. Overall, it stands out positively in key accountability metrics, making it a reliable choice for support.


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

Is Tamid Israel Investment Group Ltd legitimate?

Tamid Israel Investment Group Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tamid Israel Investment Group Ltd 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: $366,835
Professional Fundraising Fees: $0
Other Salaries and Wages: $753,295

For more financial information, click here


Official website here: www.tamidgroup.com

What is the mission statement of Tamid Israel Investment Group Ltd?

Tamid Israel Investment Group Ltd's mission is centered around facilitating experiential education and fostering relationships to establish a strong, enduring connection to Israel for emerging professionals. Their primary objective is to provide a summer internship and sightseeing experience in Israel for its students, named Tamid, with the intention of cultivating a lasting interest in the country. This initiative aims to serve as a bridge, connecting individuals to Israel on a personal level.


Official website here: www.tamidgroup.com

Who is the CEO of Tamid Israel Investment Group Ltd?

Jonah Heilman is the Chair of Tamid Israel Investment Group Ltd. The CEO's salary of Tamid Israel Investment Group Ltd is $176,320 and their total compensation is $199,880.


Official website here: www.tamidgroup.com

What is the revenue of Tamid Israel Investment Group Ltd?

Tamid Israel Investment Group Ltd's revenue in 2022 was $4,878,680.


Official website here: www.tamidgroup.com

Who are the executives of Tamid Israel Investment Group Ltd and what are their salaries?

The average compensation at Tamid Israel Investment Group Ltd during 2022 was $93,344. There are 12 employees and 40 volunteers at Tamid Israel Investment Group Ltd.


Here are 10 key members and their salaries (Tamid Israel Investment Group Ltd's CEO's salary is $176,320 and their total compensation is $199,880):


Dan Sommer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Sharko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Tapper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Heller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Ner-David (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Rubinstein (Director (From 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Benaroya (Director (From 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasha Brudno (Director (From 3/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonah Heilman (Chief Executive Officer)
  • Compensation: $176,320
  • Related: $0
  • Other: $23,560
Nathan Gilson (Chief Operating Officer)
  • Compensation: $125,865
  • Related: $0
  • Other: $14,077


Official website here: www.tamidgroup.com

Where can I find the form 990 for Tamid Israel Investment Group Ltd?

Tamid Israel Investment Group Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tamidgroup.com

Learn more at the official website: www.tamidgroup.com

Mission Statement of Tamid Israel Investment Group Ltd

Tamid Israel Investment Group Ltd, as per its description, is dedicated to facilitating experiential education and fostering lasting connections to Israel for emerging professionals. Its mission is to cultivate relationships through an immersive experience, ultimately strengthening the bond between these professionals and the country. The organization offers a fellowship program, which is a summer internship and sightseeing opportunity in Israel, specifically designed for students affiliated with Tamid. This initiative allows participants to gain practical experience while also exploring the cultural and historical aspects of Israel, thereby enhancing their understanding and appreciation for the country.

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Impact




October, 2024

Tamid Israel Investment Group Ltd significantly impacts emerging professionals by facilitating experiential education and fostering strong connections to Israel. Through programs like their summer internship and sightseeing experience, they provide immersive opportunities for Tamid students to engage with Israeli culture and industries, enhancing their professional and personal growth. This approach not only develops the skills and networks of young professionals but also strengthens their relationship with Israel, promoting a deeper understanding of its economy and innovation landscape. The group's focus on youth development is pivotal in shaping future leaders who are informed and connected to Israeli society.




This information is meant to be a general summary of Tamid Israel Investment Group Ltd. 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
$4,878,680 (2022)
Expenses
$3,812,917 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,293
  • Program Service Revenue: $191,336
  • Gross Receipts: $4,878,680

Assets and Liabilities:

  • Total Assets: $2,462,735
  • Total Liabilities: $574,184
  • Net Assets: $1,888,551

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$191,336

Organization Details

Founding Year

2009

Principal Officer

Jonah Heilman

Main Address

625 KENMOOR AVE SE SUITE 350 45052, GRAND RAPIDS, MI, 49546

NTEE Category

Code: O53 - Youth development

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