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Gates Of Zion Inc

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

EIN: 813125165 ✦ Teaneck, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Gates Of Zion Inc?

Gates of Zion Inc, based in Teaneck, New Jersey, is a nonprofit organization with a focus on supporting Jewish education in Israel. They collect and dispense funds to affiliated institutions, providing financial aid in the form of stipends for individuals pursuing higher learning. Their mission is to raise funds specifically for Jewish education, ensuring opportunities for both men and women to further their studies. The organization operates with a modest workforce of five dedicated individuals.

What are the reviews and ratings of this charity?

67% rating from Charity Navigator indicates that Gates Of Zion Inc has received a Two-Star out of Four Star rating. This score reflects a combination of strong accountability practices in some areas, particularly with 100% of board members being independent and a perfect score in the liabilities to assets ratio, suggesting good financial stability.

However, the organization faces significant limitations, particularly in transparency and policy implementation. The absence of financial statements and missing key policies such as conflict of interest and whistleblower protections highlight potential areas for improvement in its governance practices. Additionally, the lack of a website listed on the tax form may hinder public access to information about the charity.

Despite its high program expense ratio, which indicates a strong focus on its programs, the overall rating suggests that improvements in financial transparency and governance policies are necessary for enhancing trust and credibility with donors and the public.


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

Is Gates Of Zion Inc legitimate?

Gates Of Zion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gates Of Zion 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: $274,734
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,949

For more financial information, click here

What is the mission statement of Gates Of Zion Inc?

Gates of Zion Inc is committed to raising funds for Jewish education, specifically focusing on higher learning opportunities for both men and women in Israel. They distribute these funds to like-minded organizations, providing financial assistance for individuals pursuing their studies at Jewish institutions. This support often includes stipends for the students. The organization's primary aim is to promote and facilitate Jewish education in Israel, ensuring that both genders have equal access to higher learning opportunities.

Who is the CEO of Gates Of Zion Inc?

Adam Mermelstein is the President of Gates Of Zion Inc.

What is the revenue of Gates Of Zion Inc?

Gates Of Zion Inc's revenue in 2022 was $5,907,736.

Who are the executives of Gates Of Zion Inc and what are their salaries?

The average compensation at Gates Of Zion Inc during 2022 was $106,937. There are 5 employees at Gates Of Zion Inc.


Here are 4 key members and their salaries:


Michael Weinberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Mermelstein (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gershon Distenfeld (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Schechter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gates Of Zion Inc?

Gates Of Zion Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gates Of Zion Inc

Gates of Zion Inc, a nonprofit organization, is committed to raising funds for Jewish education at a higher level in Israel, catering to both men and women. Their mission is to collect and distribute these funds to like-minded organizations in Israel, specifically for the purpose of providing financial assistance to individuals pursuing their studies at Jewish educational institutions. This support often includes providing stipends to students, ensuring that they can focus on their learning without financial constraints. By investing in Jewish education, Gates of Zion Inc is contributing to the growth and development of future leaders within the Jewish community.

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Impact




July, 2024

The impact of Gates Of Zion Inc is evident in its commitment to raising funds for higher Jewish education in Israel, specifically for both men and women. By collecting and distributing funds to like-minded organizations in Israel, this nonprofit contributes directly to the education of Jewish individuals, including providing stipends to support their studies at Jewish institutions. The organization's focus on supporting education for both genders reflects its dedication to promoting equality and access to knowledge within the Jewish community. Through its targeted fundraising efforts, Gates Of Zion Inc plays a vital role in facilitating the pursuit of higher learning and the preservation of Jewish heritage.




This information is meant to be a general summary of Gates Of Zion 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
$5,907,736 (2022)
Expenses
$5,823,374 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $5,165,523
  • Gross Receipts: $5,907,736

Assets and Liabilities:

  • Total Assets: $250,329
  • Total Liabilities: $0
  • Net Assets: $250,329

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Programs

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

TUITION COLLECTED

Revenue

$5,165,523

Organization Details

Founding Year

2016

Principal Officer

Adam Mermelstein

Main Address

500 FRANK W BURR BLVD 47, TEANECK, NJ, 07666

NTEE Category

Code: X30 - Religion related

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