Overview
What is Jewish Federation Of Metropolitan Detroit?
The Jewish Federation of Metropolitan Detroit is a nonprofit organization based in Bloomfield Hills, Michigan, with a US address at 6735 Telegraph Road. Their mission is to support the needs of the Jewish community both locally and globally, as represented by their 17 affiliated agencies. They distribute funds to qualified 501(c)(3) organizations within the Jewish community. Their commitment goes beyond Detroit, extending to Israel and other parts of the world. Their work aims to build a strong and vibrant Jewish future. The organization employs a team of 122 individuals.
Official website here: www.jewishdetroit.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
The Jewish Federation of Metropolitan Detroit has achieved a strong overall score of 92%, reflecting its commitment to accountability and financial transparency. The organization has a fully independent board, with 99% of its members being independent, which enhances its governance structure. Additionally, it has received perfect scores in several areas, such as financial oversight and compliance with policies regarding conflict of interest, whistleblowing, and document retention.
While the Federation demonstrates commendable financial management with a high program expense ratio of 90.35% and low fundraising costs, there are some noted limitations. The organization has not made its board member list available on its website, which could impact transparency for potential donors and stakeholders. Furthermore, its working capital ratio indicates a potential liquidity concern, given that it stands at 0.40 years, suggesting that the organization may face challenges in meeting short-term obligations. Overall, the Jewish Federation of Metropolitan Detroit shows strong financial health but could improve its transparency practices.
This AI summary has been generated from information found on Charity Navigator.
Is Jewish Federation Of Metropolitan Detroit legitimate?
Jewish Federation Of Metropolitan Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Federation Of Metropolitan Detroit 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: $1,218,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,797,159
For more financial information, click here
Official website here: www.jewishdetroit.org
What is the mission statement of Jewish Federation Of Metropolitan Detroit?
The Jewish Federation of Metropolitan Detroit is a key pillar of the Jewish community, dedicated to addressing the needs of Jewish people and fostering a thriving Jewish future, not only in their local area but also in Detroit, Israel, and globally. Their mission revolves around providing essential support to qualified 501(C)(3) organizations serving the Jewish community through their network of seventeen affiliated agencies.
Official website here: www.jewishdetroit.org
Who is the CEO of Jewish Federation Of Metropolitan Detroit?
Steven Ingber is the Chief Executive Officer of Jewish Federation Of Metropolitan Detroit. The CEO's salary of Jewish Federation Of Metropolitan Detroit is $427,859 and their total compensation is $442,452.
Official website here: www.jewishdetroit.org
What is the revenue of Jewish Federation Of Metropolitan Detroit?
Jewish Federation Of Metropolitan Detroit's revenue in 2023 was $64,628,045.
Official website here: www.jewishdetroit.org
Who are the executives of Jewish Federation Of Metropolitan Detroit and what are their salaries?
The average compensation at Jewish Federation Of Metropolitan Detroit during 2023 was $73,899. There are 122 employees and 800 volunteers at Jewish Federation Of Metropolitan Detroit.
Here are 216 key members and their salaries (Jewish Federation Of Metropolitan Detroit's CEO's salary is $427,859 and their total compensation is $442,452):
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Official website here: www.jewishdetroit.org
Where can I find the form 990 for Jewish Federation Of Metropolitan Detroit?
Jewish Federation Of Metropolitan Detroit's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewishdetroit.org
Learn more at the official website: www.jewishdetroit.org
Mission Statement of Jewish Federation Of Metropolitan Detroit
The Jewish Federation of Metropolitan Detroit is a leading organization dedicated to addressing the needs of the Jewish community and fostering a vibrant Jewish future, not just in Detroit, but also in Israel and around the world. This esteemed nonprofit is committed to making a difference by providing essential funds to qualified 501(c)(3) organizations that serve the Jewish community. With a strong belief in community support, the Federation represents 17 affiliated agencies that work together to create a powerful impact. Through their distribution of funds, they ensure these agencies have the resources they need to effectively serve the Jewish population. By doing so, the Jewish Federation of Metropolitan Detroit plays a critical role in both caring for the current needs of the Jewish community and building a strong foundation for the future.
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Impact
October, 2024
The Jewish Federation of Metropolitan Detroit plays a crucial role in supporting and strengthening the Jewish community both locally and globally. By addressing the needs of the Jewish population in Detroit, Israel, and beyond, it serves as a central hub for resources and support. Through its network of 17 affiliated agencies, the Federation effectively distributes funding to various organizations that provide essential services and programs.
This collaborative approach ensures that the diverse needs of the community are met, from social services and education to cultural initiatives and advocacy. The Federation's commitment to building a vibrant Jewish future fosters unity and resilience within the community, promoting not only individual well-being but also collective cultural continuity. By prioritizing philanthropy and resource-sharing, the Jewish Federation of Metropolitan Detroit enhances the quality of life for Jewish individuals and families, helping them thrive in an ever-changing world.
This information is meant to be a general summary of Jewish Federation Of Metropolitan Detroit. 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 2023.
- Program Service Revenue: $2,126,395
- Gross Receipts: $64,628,045
Assets and Liabilities:
- Total Assets: $49,579,753
- Total Liabilities: $27,682,960
- Net Assets: $21,896,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT REV/MISSION
Revenue
$1,016,969
JFMD PROGRAMMING
Revenue
$591,502
COLLABORATION REVENUE
Revenue
$345,798
TUITION REVENUE
Revenue
$172,126
Organization Details
Founding Year
1926
Phone
(248) 642-4260Principal Officer
Steven Ingber
Main Address
6735 TELEGRAPH ROAD, BLOOMFIELD HILLS, MI, 48301
Website
www.jewishdetroit.orgNTEE Category
Code: T700 - Philanthropy
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