Overview
What is Jewish Community Federation Of Richmond?
The Jewish Community Federation of Richmond is a nonprofit organization that plays a vital role in securing a thriving Jewish future. Based in Richmond, Virginia, the Federation funds 30 local, national, and international agencies and programs, including day schools, youth services, and cultural institutions. This support allows for initiatives such as offering scholarships to low-income families, investing in infrastructure, and connecting communities through various programs. The organization's mission extends beyond Richmond, working to improve the lives of Jews globally and addressing matters that benefit the Jewish community in Virginia and beyond. With a team of 10 dedicated individuals, the Jewish Community Federation of Richmond serves as a crucial partner for financial assistance, support, and care for the Richmond Jewish community and its agency partners.
Official website here: www.jewishrichmond.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
The Jewish Community Federation of Richmond has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored particularly well in areas such as board independence, with 100% of its board members being independent, and in its financial oversight, indicated by a robust audit and oversight committee. The lack of any material diversion of assets further emphasizes the organization's financial integrity.
Strengths noted include a high program expense ratio of 73.84%, demonstrating that a significant portion of its funds is directed towards its programs and services. Additionally, the fundraising efficiency ratio of $0.18 indicates that the federation is effective in minimizing fundraising costs while maximizing contributions. The various policies listed on their website, including conflict of interest and whistleblower policies, highlight a strong governance framework that supports ethical operations.
However, there are areas where the organization could improve, particularly in its liabilities to assets ratio, which stands at 60.78%, and working capital ratio of 0.44 years. While these figures do not indicate immediate concern, they suggest that the organization could benefit from enhanced financial management strategies to ensure long-term sustainability. Overall, the Jewish Community Federation of Richmond exhibits a solid performance in governance and financial practices, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Jewish Community Federation Of Richmond?
Though the Jewish Community Federation of Richmond has not yet accumulated enough ratings for an average score, the limited reviews available provide a glimpse into the organization’s community impact. One reviewer emphasized the importance of the Federation’s role in creating a diverse and welcoming Jewish community in Richmond, showcasing a positive perception of its mission and activities.
Overall, the sentiment appears to be supportive, with a focus on community engagement and inclusivity. The encouragement to recommend the organization suggests that patrons appreciate the Federation's efforts to foster a strong, cohesive Jewish community in the area.
As more reviews come in, it seems likely that the Federation will continue to earn recognition and support from those who value its initiatives and programs.
This AI summary has been generated from reviews found on Facebook.
Is Jewish Community Federation Of Richmond legitimate?
Jewish Community Federation Of Richmond is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Community Federation Of Richmond 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: $254,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $449,375
For more financial information, click here
Official website here: www.jewishrichmond.org
What is the mission statement of Jewish Community Federation Of Richmond?
The Jewish Community Federation of Richmond was established with two primary objectives. Initially, its purpose was to organize and manage a network for fundraising for charitable causes. This network would then distribute the collected funds to suitable local, non-local, or international organizations as deemed necessary.
Secondly, the organization has a strong commitment to the Jewish community, both in its local vicinity and beyond. It strives to be an active and helpful participant in matters that benefit this community, ensuring its interests are aligned with the greater good of all Jewish individuals.
Official website here: www.jewishrichmond.org
Who is the CEO of Jewish Community Federation Of Richmond?
Daniel Staffenberg is the President of Jewish Community Federation Of Richmond. The CEO's salary of Jewish Community Federation Of Richmond is $213,749 and their total compensation is $243,279.
Official website here: www.jewishrichmond.org
What is the revenue of Jewish Community Federation Of Richmond?
Jewish Community Federation Of Richmond's revenue in 2022 was $4,083,487.
Official website here: www.jewishrichmond.org
Who are the executives of Jewish Community Federation Of Richmond and what are their salaries?
The average compensation at Jewish Community Federation Of Richmond during 2022 was $70,390. There are 10 employees and 250 volunteers at Jewish Community Federation Of Richmond.
Here are 49 key members and their salaries (Jewish Community Federation Of Richmond's CEO's salary is $213,749 and their total compensation is $243,279):
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- Other: $29,530
Official website here: www.jewishrichmond.org
Where can I find the form 990 for Jewish Community Federation Of Richmond?
Jewish Community Federation Of Richmond's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jewishrichmond.org
Learn more at the official website: www.jewishrichmond.org
Mission Statement of Jewish Community Federation Of Richmond
The Jewish Community Federation of Richmond is established with two primary objectives. Initially, it aims to establish and manage organizations that facilitate the collection of funds for charitable purposes. This collected money is then distributed to various local, non-local, and foreign organizations as deemed necessary. The Federation also has a vested interest in the Jewish community, both within and beyond the city of Richmond and its vicinity in Virginia. It strives to be of assistance to the Jewish community in the best possible manner, contributing to their well-being and interests. However, the extended mission statement is not provided in the information.
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Impact
July, 2024
The Jewish Community Federation Of Richmond's impact is significant and far-reaching. By funding 30 agencies and programs locally, nationally, and internationally, they play a crucial role in supporting a wide range of initiatives that benefit the Jewish community. From providing scholarships for low-income families to supporting cultural institutions and youth service programs, the Federation ensures that vital resources are available to foster a strong Jewish future. Their work connects families to the community, provides financial assistance, and promotes care and support for individuals in need. Through their philanthropic efforts, the Federation continues to make a meaningful difference in the lives of individuals and the broader Richmond community.
This information is meant to be a general summary of Jewish Community Federation Of Richmond. 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: $141,965
- Program Service Revenue: $31,546
- Gross Receipts: $4,351,077
Assets and Liabilities:
- Total Assets: $4,660,118
- Total Liabilities: $2,863,655
- Net Assets: $1,796,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Income
Revenue
$31,546
Organization Details
Founding Year
1945
Phone
(804) 288-0045Principal Officer
Daniel Staffenberg
Main Address
5403 Monument Avenue, Richmond, VA, 23226
Website
www.jewishrichmond.orgNTEE Category
Code: T70Z - Philanthropy
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