Overview
What is Chasdei Yisroel Inc?
Chasdei Yisroel Inc is a nonprofit organization located in Cedarhurst, New York. Their primary mission is to provide assistance and support to financially struggling individuals and families, aiming to enhance their overall well-being. The organization also plays a significant role in promoting and nurturing Jewish religious activities and observance. To accomplish these objectives, Chasdei Yisroel Inc distributes funds to those in need and fosters Jewish religious activities, aiming to uplift the health, welfare, and economic status of low-income families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Chasdei Yisroel Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that while it demonstrates certain strengths, there are significant areas needing attention. The organization exhibits a strong independent board, scoring 10 out of 10 in that area, and has effective conflict of interest, whistleblower, and document retention policies, all receiving maximum points. However, the organization struggles with its financial transparency, as indicated by a low score in financial statements and a lack of independent board size.
Financially, Chasdei Yisroel shows strengths such as a favorable liabilities to assets ratio and a good program expense ratio, which suggests that funds are being directed towards its mission. However, the fundraising efficiency ratio is critically low, indicating challenges in raising funds effectively. This could be a concern for potential donors who prioritize organizations with a proven ability to generate income sustainably.
Overall, while Chasdei Yisroel Inc has established certain positive governance practices, the deficiencies in financial reporting and fundraising efforts highlight the need for improvement. Donors may want to consider these factors when deciding to support the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Chasdei Yisroel Inc legitimate?
Chasdei Yisroel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chasdei Yisroel 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chasdei Yisroel Inc?
Chasdei Yisroel Inc is an organization committed to assisting needy individuals and their families. Its mission is multifaceted, aiming to enhance their health, welfare, and economic status. The organization also encourages and fosters Jewish religious activities and observance. In practice, Chasdei Yisroel Inc distributes funds to benefit those in need, and it actively promotes and fosters Jewish religious activities.
Who is the CEO of Chasdei Yisroel Inc?
David Bloom is the Director of Chasdei Yisroel Inc.
What is the revenue of Chasdei Yisroel Inc?
Chasdei Yisroel Inc's revenue in 2022 was $3,109,860.
Who are the executives of Chasdei Yisroel Inc and what are their salaries?
There 3 volunteers at Chasdei Yisroel Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chasdei Yisroel Inc?
Chasdei Yisroel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chasdei Yisroel Inc
Chasdei Yisroel Inc is a nonprofit organization with a mission to support and uplift disadvantaged individuals and their families. Their primary goal is to enhance the health, welfare, and economic status of low-income families. In addition to this, Chasdei Yisroel Inc encourages and fosters Jewish religious activities and observance. They achieve this mission by distributing funds to benefit those in need and promoting Jewish religious activities. The organization's work is centered around the betterment of the community, with a focus on providing support to low-income families while also upholding Jewish values.
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Impact
July, 2024
Chasdei Yisroel Inc's impact is significant as it directly benefits needy individuals and their families by distributing money to support their well-being. Additionally, the organization works to promote and foster Jewish religious activities, advancing the cultural and spiritual aspects of the community. By focusing on uplifting low-income families and encouraging religious observance, Chasdei Yisroel Inc plays a crucial role in improving the overall health, welfare, and economic status of those in need, particularly in the Cedarhurst, NY area.
This information is meant to be a general summary of Chasdei Yisroel 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: $6,737
- Gross Receipts: $3,109,860
Assets and Liabilities:
- Total Assets: $941,376
- Total Liabilities: $0
- Net Assets: $941,376
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Organization Details
Founding Year
2006
Phone
(516) 374-0800Principal Officer
David Bloom
Main Address
PO BOX 355, CEDARHURST, NY, 11516
NTEE Category
Code: T30 - Philanthropy
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