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Mercaz Hatorah Of White Oak Inc

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

EIN: 475488024 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Mercaz Hatorah Of White Oak Inc?

Mercaz Hatorah of White Oak Inc, based in Lakewood, New Jersey, is a nonprofit organization that focuses on religious study and charitable acts. They offer financial assistance in the form of stipends to scholars and deserving individuals, as well as make payments to third parties on their behalf. Starting from 2022, they will be providing virtual religious study programs, managed entirely by volunteers. The organization's mission is to promote religious education and contribute to the community through charitable acts.

Is Mercaz Hatorah Of White Oak Inc legitimate?

Mercaz Hatorah Of White Oak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercaz Hatorah Of White Oak Inc 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 Mercaz Hatorah Of White Oak Inc?

Mercaz Hatorah Of White Oak Inc is committed to promoting religious studies and carrying out charitable activities. The organization provides financial assistance to scholars and deserving individuals through stipends and payments made on their behalf. Moreover, Mercaz Hatorah plans to offer virtual religious study programs, which will be run by volunteers starting in 2022. The organization's focus is on fostering religious education and offering support to those in need. While the specific location of Mercaz Hatorah is not mentioned, it is known to be situated in Lakewood, New Jersey.

Who is the CEO of Mercaz Hatorah Of White Oak Inc?

Aaron Raizman is the Trustee of Mercaz Hatorah Of White Oak Inc.

What is the revenue of Mercaz Hatorah Of White Oak Inc?

Mercaz Hatorah Of White Oak Inc's revenue in 2022 was $81,781.

Who are the executives of Mercaz Hatorah Of White Oak Inc and what are their salaries?


Here are 3 key members and their salaries:


Aaron Raizman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Grossnass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avner Warman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mercaz Hatorah Of White Oak Inc?

Mercaz Hatorah Of White Oak Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Mercaz Hatorah Of White Oak Inc

Mercaz Hatorah of White Oak, a nonprofit organization, is dedicated to fostering religious studies and carrying out charitable deeds through various programs. The organization extends financial assistance to scholars and deserving individuals in the form of stipends, and makes payments on behalf of others. Moreover, starting from 2022, Mercaz Hatorah will be offering virtual religious study programs, all run by volunteers. The mission of this organization is to promote spiritual growth and support individuals in need, demonstrating its commitment to both religious education and philanthropy.

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Impact




October, 2024

Mercaz Hatorah of White Oak significantly contributes to the community by promoting religious scholarship and implementing various charitable initiatives. Through its programs, the organization provides financial support in the form of stipends to scholars and deserving individuals, facilitating their pursuit of religious study. This assistance not only helps individuals focus on their educational and spiritual growth but also fosters a deeper engagement with their faith.

In addition to direct financial aid, Mercaz Hatorah plays a vital role in expanding access to religious education through virtual study programs. By transitioning these programs to a volunteer-run model starting in 2022, the organization harnesses community involvement and dedication, ensuring that these educational opportunities are both accessible and sustainable. These initiatives reflect a commitment to fostering a vibrant learning environment and reinforcing community ties, making a lasting impact on the lives of many individuals in Lakewood, NJ, and beyond.




This information is meant to be a general summary of Mercaz Hatorah Of White Oak Inc. 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
$81,781 (2022)
Expenses
$88,181 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $81,781

Assets and Liabilities:

  • Total Assets: $4,265
  • Total Liabilities: $0
  • Net Assets: $4,265

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Organization Details

Principal Officer

Aaron Raizman

Main Address

1072 Madison Avenue, Lakewood, NJ, 08701

NTEE Category

Code: X30 - Religion related

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