Overview
What is Machon Beth Meir?
Machon Beth Meir is a nonprofit organization, situated at 23 Meadow Road, Inwood, New York 11096. Its primary mission is to financially aid organizations that uphold Orthodox Jewish religious, charitable, and educational values. The organization's purpose is to channel resources towards institutions that align with these principles, thereby contributing to their growth and impact in the community. While the description does not provide specific details about the programs or initiatives carried out by Machon Beth Meir, it underscores their commitment to supporting organizations that promote Orthodox Jewish values in various spheres.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Machon Beth Meir has achieved an overall score of 82%, earning it a Three-Star rating. This score reflects a strong emphasis on accountability and finance, with all scoring determined by this beacon. The organization has demonstrated robust financial health, indicated by a perfect score in several key areas such as the independent board composition, financial audits, and the management of assets with no material diversion noted.
The organization has a fully independent board with all eight members, which is a critical factor for governance and leadership. The financial statements are audited thoroughly, and the program expense ratio is exceptionally high at 99.91%, indicating that almost all funds are allocated directly to its programs, further highlighting its commitment to its mission.
However, while Machon Beth Meir scores well in financial accountability, further details on program effectiveness and overall impact would provide a more comprehensive view of its operations. Nonetheless, the current ratings and evaluations reflect a well-managed organization focused on delivering its services efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is Machon Beth Meir legitimate?
Machon Beth Meir is a legitimate nonprofit organization registered as a 501(c)(3) entity. Machon Beth Meir 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 Machon Beth Meir?
Machon Beth Meir is an organization dedicated to financially backing initiatives that promote Orthodox Jewish religious, charitable, and educational values. Its mission is centered around providing financial support to organizations that align with these goals, aiming to strengthen the Orthodox Jewish community in various aspects. The organization's activities are primarily focused on offering financial assistance to further these objectives.
Who is the CEO of Machon Beth Meir?
Ben Rotberg is the Vice President of Machon Beth Meir.
What is the revenue of Machon Beth Meir?
Machon Beth Meir's revenue in 2022 was $1,011,976.
Who are the executives of Machon Beth Meir and what are their salaries?
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 Machon Beth Meir?
Machon Beth Meir's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Machon Beth Meir
Machon Beth Meir, as a nonprofit organization, is dedicated to financially backing initiatives that promote Orthodox Jewish religious, charitable, and educational objectives. Their mission is to provide financial support to organizations that align with these values, thereby contributing to the broader community and upholding Orthodox Jewish beliefs and traditions. By financially backing these organizations, Machon Beth Meir plays a crucial role in advancing religious, charitable, and educational causes within the Orthodox Jewish community.
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Impact
October, 2024
Machon Beth Meir significantly contributes to the advancement of Orthodox Jewish religious, charitable, and educational initiatives. By providing financial support to various organizations, it plays a crucial role in fostering community development and ensuring the continuation of valuable programs and services that align with Orthodox Jewish values. Its efforts help strengthen educational institutions, support charitable missions, and promote religious observance, thereby enhancing the overall quality of life within the community. Through this targeted philanthropy, Machon Beth Meir empowers organizations to expand their reach and impact, ultimately contributing to a vibrant and engaged Orthodox Jewish community in Inwood, NY, and beyond.
This information is meant to be a general summary of Machon Beth Meir. 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.
- Investment Income: $135
- Gross Receipts: $1,011,976
Assets and Liabilities:
- Total Assets: $471,555
- Total Liabilities: $0
- Net Assets: $471,555
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Organization Details
Founding Year
2009
Phone
(845) 499-5238Principal Officer
Ben Rotberg
Main Address
23 Meadow Road, Inwood, NY, 11096
NTEE Category
Code: T30 - Philanthropy
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