American Friends Of Mercaz Hatorah

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

EIN: 363089681 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Mercaz Hatorah?

American Friends of Mercaz Hatorah is a nonprofit organization situated in Chicago, Illinois, with an address at 225 West Washington 1300. Their primary focus is to offer financial aid to established institutions that provide religious education and organizations dedicated to delivering human services. In simpler terms, this organization provides funds to religious schools and other charitable organizations, ensuring they can continue their mission effectively. The mission of American Friends of Mercaz Hatorah is deeply rooted in supporting the growth and success of these institutions, thereby enriching the lives of individuals associated with them.

Is American Friends Of Mercaz Hatorah legitimate?

American Friends Of Mercaz Hatorah is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Mercaz Hatorah 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 American Friends Of Mercaz Hatorah?

The mission of American Friends Of Mercaz Hatorah is centered around providing financial assistance. This organization aims to support religious schools and numerous charitable organizations that offer human services. By offering funds, they contribute to the continuation of religious education in established institutions and various humanitarian efforts carried out by these organizations.

Who is the CEO of American Friends Of Mercaz Hatorah?

Colman Ginsparg is the President/Treasurer of American Friends Of Mercaz Hatorah.

What is the revenue of American Friends Of Mercaz Hatorah?

American Friends Of Mercaz Hatorah's revenue in 2022 was $378,332.

Who are the executives of American Friends Of Mercaz Hatorah and what are their salaries?


Here are 3 key members and their salaries:


Avraham Rottman (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colman Ginsparg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Reichman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Mercaz Hatorah?

American Friends Of Mercaz Hatorah's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Mercaz Hatorah

The American Friends of Mercaz Hatorah is an organization with a mission to provide financial support for religious schools and other charitable organizations. In essence, this nonprofit aims to contribute funds to established institutions that offer religious education and organizations that provide human services. By doing so, the American Friends of Mercaz Hatorah plays a crucial role in fostering religious education and improving the lives of those in need through charitable initiatives.

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Impact




October, 2024

American Friends of Mercaz Hatorah has a significant impact by funding and supporting religious schools that offer essential religious education. By channeling resources into established institutions, the organization enhances the educational landscape for students seeking a blend of religious and secular knowledge.

Additionally, it contributes to various charitable organizations that deliver vital human services, thereby addressing broader community needs. This dual focus not only strengthens the educational framework within religious communities but also promotes social welfare, ultimately fostering a more informed and supportive environment for individuals and families. The organization's efforts in Chicago and beyond help ensure that religious education remains accessible and impactful, enriching the lives of many while preserving cultural and spiritual traditions.




This information is meant to be a general summary of American Friends Of Mercaz Hatorah. 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
$378,332 (2022)
Expenses
$707,070 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $378,332
  • Gross Receipts: $378,332

Assets and Liabilities:

  • Total Assets: $245,077
  • Total Liabilities: $27,285
  • Net Assets: $217,792

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Programs

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

DONATIONS

Revenue

$378,332

Organization Details

Founding Year

1980

Principal Officer

Colman Ginsparg

Main Address

225 WEST WASHINGTON 1300, CHICAGO, IL, 60606

NTEE Category

Code: X30 - Religion related

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