Overview
What is Gemach Of Jackson Inc?
Gemach of Jackson Inc., situated in Jackson, New Jersey, serves as a charitable organization that extends financial aid to individuals in need. The nonprofit distributes funds directly to those in need and also supports qualified organizations that share its mission. Besides providing grants, Gemach of Jackson Inc. further extends its assistance by offering interest-free loans to individuals who require financial aid. The organization's mission is to positively impact and uplift the lives of people facing hardships by providing essential financial support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating
Gemach Of Jackson Inc has received a Two-Star rating from Charity Navigator, reflecting a moderate performance in accountability and finance. The organization scored notably well in certain areas such as having a majority of independent board members and a high program expense ratio, indicating that almost all of its funds are directed toward its mission. However, significant concerns exist regarding the organization’s financial transparency and governance practices, as evidenced by low scores in areas like financial statements, conflict of interest policies, and website compliance.
While Gemach Of Jackson Inc demonstrates strong commitment to its programs, the lack of independent board size and inadequate documentation policies may raise red flags for potential donors and stakeholders. The organization is also marked by a very low fundraising efficiency ratio, which suggests that a substantial amount of funds raised may not be effectively utilized for its intended purpose. This could potentially impact the organization’s ability to attract funding in the future.
Overall, while the organization is effective in implementing its programs, the significant gaps in financial accountability and governance may deter potential supporters. Addressing these issues could enhance its credibility and operational effectiveness, ultimately contributing to a stronger impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Gemach Of Jackson Inc legitimate?
Gemach Of Jackson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gemach Of Jackson 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 Gemach Of Jackson Inc?
Gemach Of Jackson Inc, as an organization, focuses on providing financial aid to individuals in need and institutions that support such individuals. Additionally, they offer interest-free loans to individuals who require financial assistance. The organization's mission is to distribute funds and loans with the aim of alleviating financial hardships and aiding those in need. By supporting both individuals and organizations, Gemach Of Jackson Inc aims to contribute to the well-being of those who require assistance.
Who is the CEO of Gemach Of Jackson Inc?
Meir Katz is the Trustee of Gemach Of Jackson Inc.
What is the revenue of Gemach Of Jackson Inc?
Gemach Of Jackson Inc's revenue in 2022 was $3,099,322.
Who are the executives of Gemach Of Jackson Inc and what are their salaries?
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 Gemach Of Jackson Inc?
Gemach Of Jackson Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gemach Of Jackson Inc
Gemach of Jackson Inc, a notable organization, is committed to providing assistance to individuals in need. This compassionate nonprofit distributes funds not only to individuals but also to other institutions that cater to these individuals' welfare. Furthermore, Gemach of Jackson Inc extends interest-free loans to those in need, serving as a financial lifeline during challenging times. The organization's mission is to financially support individuals in distress and grant funds to qualified organizations that share its commitment to aiding these individuals. By doing so, Gemach of Jackson Inc plays a significant role in alleviating financial hardships and offering a helping hand to those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Gemach Of Jackson Inc has a significant impact on the community by financially assisting individuals in need and issuing grants to qualified organizations that support these individuals. Through distributing funds and providing interest-free loans, the organization plays a crucial role in helping those facing financial challenges in Jackson, NJ. By focusing on human services, Gemach Of Jackson Inc addresses critical needs and makes a tangible difference in the lives of those it serves.
This information is meant to be a general summary of Gemach Of Jackson 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.
- Gross Receipts: $3,099,322
Assets and Liabilities:
- Total Assets: $391,594
- Total Liabilities: $36,286
- Net Assets: $355,308
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Principal Officer
Meir Katz
Main Address
2 HARVEST CT, JACKSON, NJ, 08527
NTEE Category
Code: P12 - Human services
If you are a representative of Gemach Of Jackson Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.