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Tidewater Jewish Foundation Inc

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

EIN: 541653165 ✦ Virginia beach, VA ✦ Designated as a 501(c)(3)

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Overview

What is Tidewater Jewish Foundation Inc?

The Tidewater Jewish Foundation Inc, located at 5000 Corporate Woods Drive, Virginia Beach, VA, 23462, is a nonprofit organization with a team of seven dedicated individuals. The primary mission of this foundation is to provide grants and community programs on behalf of the Jewish community and the foundation's agency funds. By doing so, they contribute significantly to various projects and initiatives, ensuring the well-being and growth of the Jewish community.


Official website here: www.foundation.jewishva

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)

The Tidewater Jewish Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization earned a perfect score in several key areas, including having a fully independent board and a strong financial oversight structure, indicating a high level of governance and transparency.

The foundation demonstrates effective financial management with a program expense ratio of 86.31%, showcasing its focus on utilizing funds towards its charitable activities. Additionally, its fundraising efficiency ratio of $0.04 suggests that it minimizes costs associated with fundraising, thereby maximizing the funds available for its mission.

No significant limitations were noted in the data, as the foundation has implemented comprehensive policies to mitigate risks and ensure ethical practices. Overall, the Tidewater Jewish Foundation Inc presents itself as a well-managed nonprofit with a strong focus on accountability and operational integrity.


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

Is Tidewater Jewish Foundation Inc legitimate?

Tidewater Jewish Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tidewater Jewish Foundation 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: $381,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,676

For more financial information, click here


Official website here: www.foundation.jewishva

What is the mission statement of Tidewater Jewish Foundation Inc?

The Tidewater Jewish Foundation Inc focuses on grant-giving and community programs, serving the Jewish community and the foundation's agency funds. They are dedicated to making a difference through charitable grants and community initiatives. By providing financial support to various Jewish organizations and causes, the foundation aims to enrich the lives of individuals within the Jewish community. Additionally, they engage in community programs that foster connections, understanding, and growth. The foundation's mission is to make a significant impact through its charitable actions and community engagement.


Official website here: www.foundation.jewishva

Who is the CEO of Tidewater Jewish Foundation Inc?

Naomi Sedek is the CEO of Tidewater Jewish Foundation Inc The CEO's salary of Tidewater Jewish Foundation Inc is $180,450 and their total compensation is $185,607.


Official website here: www.foundation.jewishva

What is the revenue of Tidewater Jewish Foundation Inc?

Tidewater Jewish Foundation Inc's revenue in 2023 was $11,476,881.


Official website here: www.foundation.jewishva

Who are the executives of Tidewater Jewish Foundation Inc and what are their salaries?

The average compensation at Tidewater Jewish Foundation Inc during 2023 was $100,384. There are 6 employees at Tidewater Jewish Foundation Inc.

Here are 31 key members and their salaries (Tidewater Jewish Foundation Inc's CEO's salary is $180,450 and their total compensation is $185,607):


Jason Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Nusbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kamer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Karotkin (Development Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aron Slone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Strelitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Klebanoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Kossman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Fink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randi Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Harrell (Investment Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Copeland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Nusbaum (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Peck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Goodman (Chair Professional Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Kramer (Chair Elect, Audit & Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Leon (Grants Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Barney (Gift Acceptance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Wagner (Past Chairman, Nominating Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Spindel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Copeland (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arnold Leon (Life Trustee (Unitl 12/2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Steingold (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alvin Wall (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naomi Sedek (Ceo)
  • Compensation: $180,450
  • Related: $0
  • Other: $5,157
James R Parrish (Cfo)
  • Compensation: $168,683
  • Related: $0
  • Other: $19,337


Official website here: www.foundation.jewishva

Where can I find the form 990 for Tidewater Jewish Foundation Inc?

Tidewater Jewish Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundation.jewishva

Learn more at the official website: www.foundation.jewishva

Mission Statement of Tidewater Jewish Foundation Inc

Tidewater Jewish Foundation Inc: A Pillar of Support for the Jewish Community and Agencies

The Tidewater Jewish Foundation Inc stands as a significant beacon of assistance, dedicated to granting funds and initiating community programs on behalf of the Jewish community and the organizations it supports. This philanthropic entity is committed to making a discernible difference in people's lives through its charitable endeavors.

By granting funds to various Jewish community initiatives and organizations, the Tidewater Jewish Foundation Inc plays a vital role in ensuring the continuity and growth of Jewish life. This mission extends beyond just financial support; it also encompasses the foundation's involvement in community programs. These initiatives aim to strengthen connections, foster community engagement, and promote the well-being of the Jewish population.

In essence, the Tidewater Jewish Foundation Inc acts as a crucial link between donors, the Jewish community, and the agencies it supports. By pooling resources and leveraging its influence, the foundation facilitates meaningful change and creates opportunities for positive impact. Whether it's funding essential projects, providing necessary resources, or collaborating with community partners, the Tidewater Jewish Foundation Inc remains steadfast in its mission to uplift and empower the Jewish community and the organizations it serves.

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Impact




October, 2024

Tidewater Jewish Foundation Inc significantly impacts the community through its dedicated grants and programs aimed at enhancing the Jewish community in Virginia Beach, VA. By providing financial support and resources, it fosters a vibrant network of services and initiatives that cater to the cultural, educational, and social needs of Jewish individuals and families. The foundation's work strengthens community ties and ensures the continuity of Jewish life and traditions, promoting philanthropy and encouraging active participation in community affairs. Through strategic funding and support for various agency funds, Tidewater Jewish Foundation Inc plays a vital role in enriching the lives of its community members and nurturing a strong collective identity.




This information is meant to be a general summary of Tidewater Jewish Foundation 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
$11,476,881 (2023)
Expenses
$12,364,648 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $810,338
  • Program Service Revenue: $526,536
  • Gross Receipts: $11,476,881

Assets and Liabilities:

  • Total Assets: $59,073,623
  • Total Liabilities: $1,226,552
  • Net Assets: $57,847,071

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Programs

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

ADMINISTRATIVE FEE INCOME

Revenue

$526,536

Organization Details

Founding Year

1992

Principal Officer

Naomi Limor Sedek

NTEE Category

Code: T700 - Philanthropy

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