Overview
What is Chabad Lubavitch Of Cancun Inc?
Chabad Lubavitch Of Cancun Inc, based in Brooklyn, New York, operates as a nonprofit organization with a focus on religious activities. They primarily organize and conduct religious services on Saturdays, Jewish holidays, and various special occasions. With a small team of two dedicated individuals, this organization contributes to the spiritual well-being of its community, offering a place of worship and spiritual guidance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
Chabad Lubavitch Of Cancun Inc has received a 65% rating from Charity Navigator, which indicates a moderate level of accountability and transparency within the organization. The charity excels in having a fully independent board, with all members contributing to its governance. Furthermore, it demonstrates strong financial health with a low liabilities to assets ratio of 0.26% and a high program expense ratio of 91.76%, suggesting that a significant portion of its resources is allocated to its programs.
Despite these strengths, the organization has notable gaps in its accountability practices. It lacks a conflict of interest policy, a whistleblower policy, and has not made its financial statements readily available on its website. Additionally, the absence of minutes from board meetings and other required documentation detracts from its overall transparency.
Overall, while Chabad Lubavitch Of Cancun Inc shows strong financial management and governance, improvements in policy implementation and public documentation are necessary to enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Chabad Lubavitch Of Cancun Inc legitimate?
Chabad Lubavitch Of Cancun Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chabad Lubavitch Of Cancun 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: $76,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,047
For more financial information, click here
What is the mission statement of Chabad Lubavitch Of Cancun Inc?
The mission of Chabad Lubavitch Of Cancun Inc, as outlined, is centered around organizing and conducting religious services. This is done on Saturdays, Jewish holidays, and various special occasions. Their objective is to provide a spiritual space for individuals to engage in religious practices and celebrations. This mission serves to foster a sense of community and spiritual growth among its members.
Who is the CEO of Chabad Lubavitch Of Cancun Inc?
Menachem Druk is the Chairman of Chabad Lubavitch Of Cancun Inc.
What is the revenue of Chabad Lubavitch Of Cancun Inc?
Chabad Lubavitch Of Cancun Inc's revenue in 2022 was $928,533.
Who are the executives of Chabad Lubavitch Of Cancun Inc and what are their salaries?
The average compensation at Chabad Lubavitch Of Cancun Inc during 2022 was $80,536. There are 2 employees at Chabad Lubavitch Of Cancun 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 Chabad Lubavitch Of Cancun Inc?
Chabad Lubavitch Of Cancun Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chabad Lubavitch Of Cancun Inc
Chabad Lubavitch Of Cancun Inc is committed to organizing and conducting religious services on significant days such as Saturdays, Jewish holidays, and other special occasions. This non-profit organization emphasizes the importance of religious observance and provides a platform for individuals to engage in spiritual practices. Through its activities, Chabad Lubavitch Of Cancun Inc fosters a sense of community and unity among its members, offering them an opportunity to connect with their faith and fellow believers. By organizing these religious services, the non-profit aims to promote spiritual growth and contribute to the well-being of its community.
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Impact
July, 2024
Chabad Lubavitch Of Cancun Inc's impact lies in providing a place for Jewish individuals to come together and participate in religious services on Saturdays, Jewish Holidays, and special occasions. By organizing and conducting these services, the organization helps to foster a sense of community, spiritual growth, and connection to Jewish traditions for its members. Operating in Brooklyn, NY, Chabad Lubavitch Of Cancun Inc's mission revolves around creating a space for religious observance and bringing people together in a shared faith.
This information is meant to be a general summary of Chabad Lubavitch Of Cancun 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: $46
- Gross Receipts: $928,533
Assets and Liabilities:
- Total Assets: $693,151
- Total Liabilities: $1,847
- Net Assets: $691,304
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Organization Details
Founding Year
2016
Principal Officer
Menachem Druk
Main Address
571 East New York Ave, Brooklyn, NY, 11225
NTEE Category
Code: X30 - Religion related
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