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Seminary Bnos Chaim A Nj Nonprofit Corporation

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

EIN: 463015560 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Seminary Bnos Chaim A Nj Nonprofit Corporation?

Seminary Bnos Chaim A Nj Nonprofit Corporation is a religious institution located at 388 Chestnut Street, Lakewood, New Jersey. With traditional values at its core, this nonprofit is committed to fostering the growth of students in classical Torah studies. Its curriculum aims to enrich Jewish life, shape the future Jewish experience, and prepare students for gainful employment within the community. The institution's mission is to instill a Torah outlook in students that they can apply to their daily lives, contributing to a total workforce of 31 individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Seminary Bnos Chaim A Nj Nonprofit Corporation has received a commendable score of 86% from Charity Navigator, reflecting its solid performance in accountability and finance. The organization has demonstrated a commitment to good governance, as evidenced by its 100% independent board membership and a well-structured conflict of interest policy. Additionally, the charity's financial statements are audited, indicating transparency in its financial operations.

The organization maintains an impressive program expense ratio of 72.81%, which suggests that a significant portion of its expenditures is directed towards its mission-related activities. This strong financial management is complemented by a low liabilities-to-assets ratio of 13.23%, showcasing its financial stability and ability to meet obligations.

While the overall ratings are favorable, continuous monitoring of its operational practices and financial health will be necessary to ensure sustained effectiveness in its charitable endeavors. Nonetheless, the nonprofit's adherence to best practices in governance and financial accountability positions it well within the nonprofit sector.


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

Is Seminary Bnos Chaim A Nj Nonprofit Corporation legitimate?

Seminary Bnos Chaim A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seminary Bnos Chaim A Nj Nonprofit Corporation 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: $116,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $326,315

For more financial information, click here

What is the mission statement of Seminary Bnos Chaim A Nj Nonprofit Corporation?

Seminary Bnos Chaim, a religious institution with traditional values, is committed to advancing students in classical Torah studies. Its mission is to establish a Torah perspective that students can apply to their daily lives. The curriculum of this institution aims to enhance Jewish life, shape the future Jewish experience, and prepare students for gainful employment within the community. By doing so, Seminary Bnos Chaim aims to contribute to the overall betterment and continuity of the Jewish community.

Who is the CEO of Seminary Bnos Chaim A Nj Nonprofit Corporation?

Yehuda A Mintz is the President of Seminary Bnos Chaim A Nj Nonprofit Corporation.

What is the revenue of Seminary Bnos Chaim A Nj Nonprofit Corporation?

Seminary Bnos Chaim A Nj Nonprofit Corporation's revenue in 2022 was $2,120,258.

Who are the executives of Seminary Bnos Chaim A Nj Nonprofit Corporation and what are their salaries?

The average compensation at Seminary Bnos Chaim A Nj Nonprofit Corporation during 2022 was $14,279. There are 31 employees at Seminary Bnos Chaim A Nj Nonprofit Corporation.


Here are 3 key members and their salaries:


Yehuda A Mintz (President)
  • Compensation: $91,925
  • Related: $0
  • Other: $0
Leah Lichtenstein (Secretary)
  • Compensation: $24,410
  • Related: $0
  • Other: $0
Sora R Mintz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seminary Bnos Chaim A Nj Nonprofit Corporation?

Seminary Bnos Chaim A Nj Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Seminary Bnos Chaim A Nj Nonprofit Corporation

Seminary Bnos Chaim, a religious institution with traditional values, is committed to the advancement of students in classical Torah studies. The primary goal of this nonprofit corporation is to instill a Torah outlook in its students that they can apply to their daily lives. By following an engaging curriculum, Seminary Bnos Chaim aims to enrich Jewish life, shape the Jewish experience of future generations, and prepare students for gainful employment within their community. The mission of Seminary Bnos Chaim is to empower its students, enriching their spiritual growth while preparing them to be active members of their community.

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Impact




July, 2024

Seminary Bnos Chaim A Nj Nonprofit Corporation's impact lies in its dedication to advancing students in classical Torah studies while instilling traditional values and a Torah outlook that can be applied to daily life. By enhancing Jewish life and shaping the Jewish experience for the future, this institution is preparing students to achieve gainful employment within the community. Through its curriculum and educational approach, Seminary Bnos Chaim is nurturing individuals who will contribute positively to the Jewish community and society at large.




This information is meant to be a general summary of Seminary Bnos Chaim A Nj Nonprofit Corporation. 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
$2,120,258 (2022)
Expenses
$1,905,459 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $1,671,655
  • Gross Receipts: $2,120,258

Assets and Liabilities:

  • Total Assets: $2,381,150
  • Total Liabilities: $256,258
  • Net Assets: $2,124,892

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Programs

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

TUITION

Revenue

$1,671,655

Organization Details

Founding Year

2013

Principal Officer

Yehuda A Mintz

Main Address

388 CHESTNUT ST, LAKEWOOD, NJ, 08701

NTEE Category

Code: B40 - Education

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