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Ikt Im Kesef Talve

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

EIN: 471117145 ✦ Spring valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ikt Im Kesef Talve?

Ikt Im Kesef Talve is a nonprofit organization committed to supporting young families financially. They offer interest-free loans to help cover basic living expenses and other financial needs, particularly during periods of furthering studies. In 2016, they aided around 25 families with loans and financial assistance, while in 2014, they provided such aid to approximately 85 families. Beyond loan provisions, Ikt Im Kesef Talve also extends financial assistance to numerous young families in need.

Is Ikt Im Kesef Talve legitimate?

Ikt Im Kesef Talve is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ikt Im Kesef Talve submitted a form 990EZ, 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.

What is the mission statement of Ikt Im Kesef Talve?

Ikt Im Kesef Talve's mission is centered around financially aiding young families. The organization provides interest-free loans to help cover living expenses and other financial needs, particularly during times of study. In the year 2016, they aided around twenty-five families with such loans, and also offered financial assistance to an additional twenty-five families. Similarly, in 2014, they extended interest-free loans to eighty-five families and offered financial aid to numerous young families.

Who is the CEO of Ikt Im Kesef Talve?

Chanoch Weissman is the President of Ikt Im Kesef Talve.

What is the revenue of Ikt Im Kesef Talve?

Ikt Im Kesef Talve's revenue in 2020 was $63,992.

Who are the executives of Ikt Im Kesef Talve and what are their salaries?


Here are 3 key members and their salaries:


Chanoch Weissman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ezriel Zafir (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehuda Klugman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Ikt Im Kesef Talve?

Ikt Im Kesef Talve's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Ikt Im Kesef Talve

Ikt Im Kesef Talve, a nonprofit organization, is dedicated to financially assisting young families. Their mission involves providing interest-free loans to help cover basic living expenses and various financial situations that may arise during their educational journeys. In 2016, the organization extended these loans to around twenty-five families, and in 2014, they aided eighty-five families financially through interest-free loans. Beyond offering financial assistance, Ikt Im Kesef Talve also extends support to young families in other ways, providing them with financial guidance and aid when needed.

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Impact




August, 2024

Ikt Im Kesef Talve's impact lies in its mission to financially assist young families by providing interest-free loans to help pay for basic living expenses and financial situations that may arise while furthering their studies. The organization has provided significant support to families in need, offering interest-free loans to approximately twenty-five families in 2016 and eighty-five families in 2014. This assistance has undoubtedly alleviated financial burdens for these families and contributed to their well-being and success. By supporting young families in this way, Ikt Im Kesef Talve is making a tangible difference in their lives and fulfilling its mission of providing a public benefit.




This information is meant to be a general summary of Ikt Im Kesef Talve. 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
$63,992 (2020)
Expenses
$10,118 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $62,142
  • Gross Receipts: $63,992

Assets and Liabilities:

  • Total Assets: $159,640
  • Total Liabilities: $0
  • Net Assets: $159,640

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Organization Details

Principal Officer

Chanoch Weissman

Main Address

30 Kiryas Radin Drive, Spring Valley, NY, 10977

NTEE Category

Code: W60 - Public benefit

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