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Chicago Chesed Fund

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

EIN: 363641111 ✦ Lincolnwood, IL ✦ Designated as a 501(c)(3)

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Overview

What is Chicago Chesed Fund?

The Chicago Chesed Fund is a nonprofit organization situated in Lincolnwood, Illinois, specifically at 7045 N Ridgeway, ZIP code 60712. Their primary mission is to aid and support the underprivileged and impoverished members of the Jewish community. They achieve this by raising and distributing funds, essential goods, food, and assistance to those in need. The organization's workforce comprises 48 dedicated individuals. Their purpose is to alleviate poverty and hardship within the Jewish community, thereby contributing positively to the well-being of their community members.


Official website here: www.chicagochesedfund.org

What are the reviews and ratings of this charity?

**Rating:** 90% (Four-Star out of Four Star Rating) - Charity Navigator

The Chicago Chesed Fund has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to Accountability & Finance. This high score indicates effective financial management and transparency, highlighted by the organization’s full credit for having a majority of independent board members, maintaining no material diversions of assets, and strong program expense ratios, which signifies that a large percentage of funds are directed towards its programs.

Despite its strengths in governance and financial health, the organization has been marked down for not having a documented retention and destruction policy. Additionally, the small number of independent board members raises some concerns regarding the diversity of perspectives in governance.

Unfortunately, user reviews from GreatNonprofits could not be fetched, so there's no feedback available from that source to further inform the public about community sentiments regarding Chicago Chesed Fund. Overall, the organization appears to have a solid financial foundation and operational practices, though it may benefit from enhancing its governance structure.


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

What do the Facebook reviews say about Chicago Chesed Fund?

100% of 18 reviewers on Facebook recommend Chicago Chesed Fund. Here is a summary of their reviews:

Many users praise the organization for exemplifying the essence of kindness and generosity, describing it as a model of compassion and support in the community. Reviewers highlight the impactful services provided, conveying appreciation for how the nonprofit addresses various needs effectively.

Overall, the sentiments expressed are overwhelmingly positive, showcasing a deep respect for the mission and work of Chicago Chesed Fund. The consistent endorsement reflects high satisfaction with the organization’s dedication to making a meaningful difference in the lives of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Chicago Chesed Fund legitimate?

Chicago Chesed Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicago Chesed Fund 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: $102,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $935,918

For more financial information, click here


Official website here: www.chicagochesedfund.org

What is the mission statement of Chicago Chesed Fund?

The Chicago Chesed Fund is committed to raising and distributing essential resources, including funds, goods, food, and assistance, to support the impoverished individuals within the Jewish community. Their mission is to alleviate poverty by providing essentials such as food and monetary aid to those in need within this community. The organization plays a significant role in assisting the indigent, ensuring that they receive the necessary support to improve their living conditions.


Official website here: www.chicagochesedfund.org

Who is the CEO of Chicago Chesed Fund?

Moshe Kahn is the President of Chicago Chesed Fund.


Official website here: www.chicagochesedfund.org

What is the revenue of Chicago Chesed Fund?

Chicago Chesed Fund's revenue in 2022 was $9,052,210.


Official website here: www.chicagochesedfund.org

Who are the executives of Chicago Chesed Fund and what are their salaries?

The average compensation at Chicago Chesed Fund during 2022 was $21,623. There are 48 employees and 150 volunteers at Chicago Chesed Fund.


Here are 5 key members and their salaries:


Moshe Kahn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Siegal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avi Banker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Fuerst (Manager)
  • Compensation: $102,000
  • Related: $0
  • Other: $0
David Gendel (Development Manage)
  • Compensation: $150,000
  • Related: $0
  • Other: $31,047


Official website here: www.chicagochesedfund.org

Where can I find the form 990 for Chicago Chesed Fund?

Chicago Chesed Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chicagochesedfund.org

Learn more at the official website: www.chicagochesedfund.org

Mission Statement of Chicago Chesed Fund

Chicago Chesed Fund is a dedicated organization that strives to alleviate poverty within the Jewish community. Their primary mission is to collect and distribute essential resources such as funds, goods, food, and assistance to those in need. By doing so, the Chicago Chesed Fund aims to improve the living conditions and well-being of the impoverished individuals within this community. Their efforts are focused on providing vital assistance, including food and clothing, as well as monetary support, to those who are struggling financially. In essence, the Chicago Chesed Fund serves as a beacon of hope and support for the poverty-stricken members of the Jewish community.

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Impact




October, 2024

Chicago Chesed Fund significantly impacts the Jewish community by providing essential support to those facing economic hardships. Through its efforts, the organization raises and distributes funds, goods, food, and various forms of assistance to individuals and families grappling with poverty. By supplying critical resources such as food, clothing, and monetary assistance, it alleviates the struggles of the poor and indigent, ensuring that basic needs are met.

The organization's mission focuses on uplifting those in financial distress, fostering a sense of dignity and community support. Located in Lincolnwood, IL, Chicago Chesed Fund serves as a vital resource, helping to strengthen the bonds within the community and ensuring that no one is left to face challenges alone. Its initiatives create a ripple effect, empowering those it assists to regain stability and enhance their quality of life.




This information is meant to be a general summary of Chicago Chesed Fund. 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
$9,052,210 (2022)
Expenses
$7,771,737 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $292,113
  • Gross Receipts: $9,379,375

Assets and Liabilities:

  • Total Assets: $13,559,638
  • Total Liabilities: $95,787
  • Net Assets: $13,463,851

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Organization Details

Founding Year

1987

Principal Officer

Moshe Kahn

Main Address

7045 N RIDGEWAY, LINCOLNWOOD, IL, 60712

NTEE Category

Code: P600 - Human services

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