Overview
What is Minneapolis Jewish Federation?
The Minneapolis Jewish Federation is a nonprofit organization located in Minneapolis, Minnesota, with an address at 4330 South Cedar Lake Road, 55416. They are dedicated to promoting a culture of philanthropy and leveraging resources to address local and global Jewish needs. The Federation supports approximately 33,000 Jews in the Minneapolis area and beyond by raising funds through annual and targeted campaigns. These funds are allocated to beneficiary agencies to expand and upgrade programming and infrastructure within the Greater Minneapolis Jewish community. In addition, grants are provided to charities in the United States and around the world through advised fund recommendations and partnerships with organizations like the Jewish Community Foundation, Planned Giving and Endowment Department, and Minneapolis Jewish Federation. The mission of the Minneapolis Jewish Federation is to ensure a thriving and secure future for the Jewish community. With a workforce of 40 employees, the organization fosters community planning and facilitates a vibrant Jewish future.
Official website here: www.jewishminneapolis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Minneapolis Jewish Federation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and finance management. With a 100% score in both Accountability & Finance and Leadership & Adaptability, the organization demonstrates strong governance practices, including a fully independent board and robust financial oversight mechanisms.
The Federation's financial health is underscored by a low liabilities to assets ratio of 26.09% and a high program expense ratio of 84.74%, indicating that the majority of its funding is directed towards programs rather than administrative costs. Strategic goals include fostering Jewish philanthropy and community planning, which highlight its proactive approach to supporting and enhancing the Jewish community.
Additionally, the organization has invested in leadership development and has a comprehensive Business Continuity Plan to ensure operational resilience. While the rating reflects its strengths, ongoing transparency and adherence to best practices will be vital for maintaining trust and efficacy within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Minneapolis Jewish Federation legitimate?
Minneapolis Jewish Federation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minneapolis Jewish Federation 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: $792,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,353,662
For more financial information, click here
Official website here: www.jewishminneapolis.org
What is the mission statement of Minneapolis Jewish Federation?
The Minneapolis Jewish Federation is a non-profit organization that fosters a culture of philanthropy and utilizes resources to address both local and global Jewish needs. Through fundraising efforts, the Federation provides financial support to beneficiary agencies, enabling them to enhance existing programming and infrastructure within the Jewish community. Beyond the local sphere, grants are also awarded to charities in the United States and internationally through various channels. The Federation's community planning initiatives aim to secure a thriving and secure future for the Jewish community. Approximately 33,000 Jews in the greater Minneapolis area and various national and international communities have been impacted by the Federation's initiatives.
Official website here: www.jewishminneapolis.org
Who is the CEO of Minneapolis Jewish Federation?
James A Cohen is the Chief Executive Officer of Minneapolis Jewish Federation. The CEO's salary of Minneapolis Jewish Federation is $347,891 and their total compensation is $381,058.
Official website here: www.jewishminneapolis.org
What is the revenue of Minneapolis Jewish Federation?
Minneapolis Jewish Federation's revenue in 2022 was $44,053,725.
Official website here: www.jewishminneapolis.org
Who are the executives of Minneapolis Jewish Federation and what are their salaries?
The average compensation at Minneapolis Jewish Federation during 2022 was $78,660. There are 40 employees and 750 volunteers at Minneapolis Jewish Federation.
Here are 37 key members and their salaries (Minneapolis Jewish Federation's CEO's salary is $347,891 and their total compensation is $381,058):
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Official website here: www.jewishminneapolis.org
Where can I find the form 990 for Minneapolis Jewish Federation?
Minneapolis Jewish Federation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jewishminneapolis.org
Learn more at the official website: www.jewishminneapolis.org
Mission Statement of Minneapolis Jewish Federation
Minneapolis Jewish Federation, a prominent nonprofit organization, is dedicated to fostering a culture of philanthropy and leveraging resources to address both local and global Jewish needs. With a mission to ensure a thriving and secure future, this federation facilitates community planning in various aspects.
The Minneapolis Jewish Federation functions as a federated fundraiser, raising funds through annual and directed campaigns. These campaigns provide financial resources for beneficiary agencies to enhance their programming and infrastructures within the Minneapolis Jewish community. Furthermore, grants are disbursed to charities across the United States and around the world through advised fund recommendations and grants to beneficiary organizations that are part of the Jewish Community Foundation and the Planned Giving and Endowment Department of Minneapolis Jewish Federation.
The Minneapolis Jewish Federation's impact on the community is significant. It supports approximately 33,000 Jews in the Greater Minneapolis area and extends its reach to national and international communities. By raising and allocating funds effectively, this organization helps build new and upgrade existing programs and infrastructures that cater to the needs of the Jewish community. In doing so, it plays a pivotal role in improving the quality of life for numerous individuals and families. For more information on the Minneapolis Jewish Federation's community impact, please explore their current impact report at www.jewishminneapolis.org/who-we-are/numbers.
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Impact
October, 2024
The Minneapolis Jewish Federation plays a crucial role in fostering a vibrant Jewish community, impacting approximately 33,000 Jews in the Greater Minneapolis area as well as Jewish communities globally. By promoting a culture of philanthropy, it mobilizes resources to meet both local and international needs. The Federation raises funds through annual and directed campaigns, which are allocated to beneficiary agencies that enhance and upgrade existing programs and infrastructures within the local Jewish community.
In addition to supporting local initiatives, the Federation also extends its reach through grants to various charities across the United States and worldwide, providing vital assistance to those in need. Through its philanthropic efforts, the Federation ensures that critical services and programs are not just maintained but improved, contributing to a secure and thriving Jewish future. For those interested in a detailed assessment of its contributions and achievements, an impact report is available at www.jewishminneapolis.org/who-we-are/numbers.
This information is meant to be a general summary of Minneapolis Jewish Federation. 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: $28,605,850
- Gross Receipts: $44,085,313
Assets and Liabilities:
- Total Assets: $176,390,864
- Total Liabilities: $46,033,022
- Net Assets: $130,357,842
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Organization Details
Founding Year
1930
Phone
(952) 593-2600Principal Officer
James A Cohen
Main Address
4330 SOUTH CEDAR LAKE ROAD, MINNEAPOLIS, MN, 55416
Website
www.jewishminneapolis.orgNTEE Category
Code: T700 - Philanthropy
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