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Shearim Corp

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

EIN: 453569596 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Shearim Corp?

Shearim Corp is a nonprofit organization situated in Miami, Florida (1031 Ives Dairy RD STE 228). Their primary objective is to raise funds from the Jewish community within the United States. Their philanthropic efforts extend beyond the domestic scene, reaching out to Jewish institutions in Israel and supporting Latin Jewish projects within the American continent. Shearim Corp's mission is centered around fundraising and providing support to these designated organizations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.

Shearim Corp has received a Two-Star rating from Charity Navigator, indicating some areas of concern regarding its accountability and financial practices. The organization's score reflects a solid program expense ratio of 91.54%, demonstrating a strong focus on its mission-related activities. However, the nonprofit faces significant challenges in transparency and governance, as evidenced by low scores in financial statement availability and other important accountability measures.

The organization boasts a fully independent board, which is a positive aspect, but it lacks sufficient documentation and policies in key areas such as conflict of interest and whistleblower protections. Additionally, the absence of financial statements on the nonprofit's website raises concerns about the organization's commitment to transparency for its stakeholders and potential donors.

Overall, while Shearim Corp operates efficiently in directing funds towards its programs, the lack of essential governance practices and transparency could hinder its credibility and trust among supporters and the general public. Stakeholders may want to consider these factors when deciding to engage with or support the organization.


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

Is Shearim Corp legitimate?

Shearim Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shearim Corp 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 Shearim Corp?

Shearim Corp's mission involves raising funds from the Jewish population in the United States. The primary objective of these funds is to support Jewish institutions both locally and in Israel. Furthermore, Shearim Corp extends its support to Latin Jewish projects within the United States. The organization's mission is centered around providing financial assistance to strengthen and uplift the Jewish community on a global scale.

Who is the CEO of Shearim Corp?

Aharon Bisker is the Vice President of Shearim Corp.

What is the revenue of Shearim Corp?

Shearim Corp's revenue in 2021 was $3,846,481.

Who are the executives of Shearim Corp and what are their salaries?


Here are 2 key members and their salaries:


Yossef Brener (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aharon Bisker (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shearim Corp?

Shearim Corp's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Shearim Corp

Shearim Corp, a nonprofit organization, is dedicated to raising funds from the Jewish population within the United States. The primary objective of this organization is to provide support to various Jewish institutions both locally and in Israel. Furthermore, Shearim Corp extends its reach to Latin Jewish projects in America as well. By funding these initiatives, Shearim Corp aims to contribute positively to Jewish communities around the world.

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Impact




July, 2024

Shearim Corp's impact can be seen in its efforts to fundraise within the United States from the Jewish population to support various Jewish institutions locally, in Israel, and Latin Jewish projects in America. By engaging the Jewish community in philanthropic activities, Shearim Corp is able to provide crucial funding and resources to important organizations and projects that contribute to the growth and preservation of Jewish culture and heritage. In doing so, Shearim Corp plays a significant role in connecting the Jewish community with opportunities to make a meaningful impact and support causes that are important to them.




This information is meant to be a general summary of Shearim Corp. 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
$3,846,481 (2021)
Expenses
$3,786,552 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $3,846,481

Assets and Liabilities:

  • Total Assets: $110,292
  • Total Liabilities: $0
  • Net Assets: $110,292

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Organization Details

Founding Year

2014

Principal Officer

Aharon Bisker

Main Address

1031 Ives Dairy RD STE 228, Miami, FL, 33179

NTEE Category

Code: A23 - Arts

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