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Ydt Alumni Chesed Fund Inc

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

EIN: 272460081 ✦ Far rockaway, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ydt Alumni Chesed Fund Inc?

Ydt Alumni Chesed Fund Inc is a charitable organization situated in Far Rockaway, New York, primarily dedicated to offering financial aid to alumni of Yeshiva Darchei Torah and its associated divisions. This assistance is intended to help cover their essential living expenses through either donations or interest-free loans, aiming to provide much-needed support during challenging financial times. The organization's mission is to provide a safety net for these alumni, ensuring they can maintain their well-being.

Is Ydt Alumni Chesed Fund Inc legitimate?

Ydt Alumni Chesed Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ydt Alumni Chesed Fund Inc submitted a form 990EZ, 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.

What is the mission statement of Ydt Alumni Chesed Fund Inc?

The Ydt Alumni Chesed Fund Inc's mission is centered around providing aid to financially struggling individuals who are alumni of Yeshiva Darchei Torah, located in Far Rockaway, NY, and its associated divisions. This assistance takes the form of either gifts or interest-free loans, with the aim of helping these individuals cover their living expenses. The fund aims to offer support and relief during times of need, thereby upholding a spirit of kindness and philanthropy within the alumni community.

Who is the CEO of Ydt Alumni Chesed Fund Inc?

Shimon Sussman is the President of Ydt Alumni Chesed Fund Inc.

What is the revenue of Ydt Alumni Chesed Fund Inc?

Ydt Alumni Chesed Fund Inc's revenue in 2022 was $10,280.

Who are the executives of Ydt Alumni Chesed Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


Shimon Sussman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Safier (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Benoliel (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ydt Alumni Chesed Fund Inc?

Ydt Alumni Chesed Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Ydt Alumni Chesed Fund Inc

Ydt Alumni Chesed Fund Inc is a nonprofit organization with a mission to offer financial aid to individuals who have graduated from Yeshiva Darchei Torah, located in Far Rockaway, New York, and its associated divisions. The primary goal of this fund is to assist these alumni in managing their living expenses by providing either gifts or interest-free loans. This nonprofit aims to provide a financial cushion to those in need, allowing them to focus on their personal and professional development without the added burden of financial hardship. By offering this support, Ydt Alumni Chesed Fund Inc seeks to empower its beneficiaries and help them maintain a stable living situation.

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Impact




August, 2024

Ydt Alumni Chesed Fund Inc's impact is significant in providing financial assistance to needy individuals who are Alumni of yeshiva darchei torah (far rockaway, ny) and its various divisions. This support helps cover their living expenses through gifts or interest-free loans. Their mission to assist those in need demonstrates a commitment to providing crucial support to individuals facing financial challenges, ultimately making a positive difference in their lives.




This information is meant to be a general summary of Ydt Alumni Chesed Fund 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
$10,280 (2022)
Expenses
$4,220 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $10,280

Assets and Liabilities:

  • Total Assets: $53,290
  • Total Liabilities: $0
  • Net Assets: $53,290

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Organization Details

Principal Officer

Shimon Sussman

Main Address

257 BEACH 17TH STREET, FAR ROCKAWAY, NY, 11691

NTEE Category

Code: P60 - Human services

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