Overview
What is Yachad Inc?
Yachad Inc, a nonprofit organization based in Silver Spring, Maryland, focuses on enhancing the living conditions of lower-income homeowners in Washington D.C. communities. Through their comprehensive home remediation services, they address substandard housing issues that negatively impact a family's health. By doing so, they not only improve living conditions but also contribute to increasing the home's equity. This organization, rooted in the Jewish responsibility to seek justice, engages in acts of loving kindness and has been operational since 1990. Yachad mobilizes volunteers and invests financial resources to preserve affordable housing, community facilities, and commercial properties throughout the Washington D.C. and greater metropolitan area. Their mission is to bring communities together, fostering an inclusive and vital neighborhood environment.
Official website here: www.yachad-dc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Yachad Inc has achieved an impressive score of 88%, reflecting strong performance in Accountability and Finance. This rating is significant as it highlights the organization’s commitment to adhering to best practices in financial management and governance, which is crucial for maintaining stakeholder trust.
The organization boasts a fully independent board of directors, comprising 13 members, and has demonstrated responsible financial practices, with 81.29% of its expenses allocated to programs. Additionally, Yachad Inc has received full marks in several areas, such as having no material diversion of assets and maintaining a publicly accessible tax form on their website.
However, there are noted areas for improvement, particularly the absence of a whistleblower policy and a document retention and destruction policy. Addressing these gaps could enhance their governance framework and further strengthen their accountability to the public and donors.
This AI summary has been generated from information found on Charity Navigator.
Is Yachad Inc legitimate?
Yachad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yachad Inc 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: $113,528
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,324
For more financial information, click here
Official website here: www.yachad-dc.org
What is the mission statement of Yachad Inc?
Yachad Inc, a nonprofit organization, has a mission rooted in promoting justice and acts of loving kindness. Established in 1990, their primary focus is to mobilize volunteers, both skilled and unskilled, to repair and preserve affordable housing, community facilities, and commercial properties in various areas. Their goal is to bring communities together, working in partnership with homeowners, houses of worship, and community stakeholders, to preserve affordable housing and revitalize neighborhoods. Yachad Inc's mission is to invest financial resources and collaborate with volunteers to transform properties and people, ultimately keeping communities inclusive and vital. This mission is deeply ingrained in the Jewish responsibility to pursue justice and kindness.
Official website here: www.yachad-dc.org
Who is the CEO of Yachad Inc?
Sam Holman is the President of Yachad Inc.
Official website here: www.yachad-dc.org
What is the revenue of Yachad Inc?
Yachad Inc's revenue in 2022 was $559,186.
Official website here: www.yachad-dc.org
Who are the executives of Yachad Inc and what are their salaries?
The average compensation at Yachad Inc during 2022 was $48,713. There are 4 employees and 15 volunteers at Yachad Inc.
Here are 14 key members and their salaries:
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- Compensation: $101,251
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- Other: $12,277
Official website here: www.yachad-dc.org
Where can I find the form 990 for Yachad Inc?
Yachad Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yachad-dc.org
Learn more at the official website: www.yachad-dc.org
Mission Statement of Yachad Inc
Yachad Inc, meaning "together" in Hebrew, is a nonprofit organization that has been actively engaged in repairing and preserving affordable housing, community facilities, and commercial properties since 1990, primarily in the District of Columbia and the greater metropolitan area. The organization's mission is deeply rooted in the Jewish responsibility to seek justice by engaging in acts of loving kindness. Yachad Inc brings communities together, partnering with homeowners, houses of worship, and community stakeholders to preserve affordable housing and revitalize neighborhoods.
The organization mobilizes volunteers and invests financial resources to transform both people and properties. Yachad Inc's work is grounded in the belief that by collaborating, they can make a significant impact on their communities. This nonprofit organization is unique in its approach, fostering an inclusive and vital environment where people of all faiths are welcome to participate in its mission. Through their collective efforts, Yachad Inc strives to preserve affordable housing and strengthen neighborhoods, demonstrating the power of unity and cooperation.
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Impact
July, 2024
Yachad Inc's impact lies in its mission to improve the overall quality of housing for lower-income homeowners in the District of Columbia. By providing comprehensive home remediation services at no cost, Yachad addresses substandard housing conditions that directly impact the health and well-being of families. Through this work, Yachad not only enhances the living conditions for these households but also increases the equity of their homes, ultimately contributing to the overall health and wealth of the community. Additionally, Yachad's approach of mobilizing volunteers, both skilled and unskilled, to repair and preserve affordable housing fosters a sense of togetherness and community involvement in the revitalization of neighborhoods throughout the metropolitan area. This collaborative effort underscores Yachad's commitment to social justice, rooted in the Jewish principle of engaging in acts of loving kindness, and welcomes individuals of all faiths to participate in the organization's work towards creating inclusive and vibrant communities.
This information is meant to be a general summary of Yachad 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $385
- Program Service Revenue: $104,442
- Gross Receipts: $559,186
Assets and Liabilities:
- Total Assets: $533,501
- Total Liabilities: $67,617
- Net Assets: $465,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$71,400
CAAB INCOME
Revenue
$33,042
Organization Details
Founding Year
1990
Phone
(202) 296-8563Principal Officer
Sam Holman
Main Address
8720 GEORGIA AVENUE 705, SILVER SPRING, MD, 20910
Website
www.yachad-dc.orgNTEE Category
Code: L80Z - Housing
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