The Everfund Inc

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

EIN: 831218408 ✦ Spring valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Everfund Inc?

The Everfund Inc, located in Spring Valley, New York, is a nonprofit organization that primarily serves the disabled and special needs population. They generate revenue by managing pooled Medicaid trusts service programs, aiding individuals who require assistance in becoming eligible for governmental aid grants and Medicaid. The organization's mission involves providing guidance on Medicaid eligibility and assisting with the application process, including accompanying individuals at Medicaid hearings. Operating with a small workforce of 4 individuals, The Everfund Inc is committed to supporting the underprivileged, including the poor, ill, aged, disabled, and mentally challenged, in their journey towards accessing essential governmental aid.


Official website here: www.everfundtrust.com

Is The Everfund Inc legitimate?

The Everfund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Everfund 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: $215,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,507

For more financial information, click here


Official website here: www.everfundtrust.com

What is the mission statement of The Everfund Inc?

The Everfund Inc, as an organization, is dedicated to assisting individuals who are disabled, poor, aged, ill, or mentally challenged. Its mission involves providing guidance on how to become eligible for Medicaid and other governmental aid grants. Furthermore, The Everfund Inc aids these individuals in applying for Medicaid and other governmental aid grants and accompanies them at Medicaid hearings. The organization generates revenue by managing pooled Medicaid trusts service programs for the benefit of disabled and special needs individuals in New York. This is in accordance with New York Social Services Law Section 366(2)(B)(2)(III)(B).


Official website here: www.everfundtrust.com

Who is the CEO of The Everfund Inc?

Jacob Spitzer is the Executive Director of The Everfund Inc.


Official website here: www.everfundtrust.com

What is the revenue of The Everfund Inc?

The Everfund Inc's revenue in 2022 was $261,773.


Official website here: www.everfundtrust.com

Who are the executives of The Everfund Inc and what are their salaries?

The average compensation at The Everfund Inc during 2022 was $75,992. There are 4 employees and 3 volunteers at The Everfund Inc.


Here are 5 key members and their salaries:


Jacob Spitzer (Executive Director)
  • Compensation: $198,077
  • Related: $0
  • Other: $17,385
Yoel Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aharon Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliezer Sputz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaim Lunger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.everfundtrust.com

Where can I find the form 990 for The Everfund Inc?

The Everfund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.everfundtrust.com

Learn more at the official website: www.everfundtrust.com

Mission Statement of The Everfund Inc

The Everfund Inc, a nonprofit organization, is dedicated to assisting the disabled population who are unable to manage their own finances. Its primary mission involves administering a pooled special needs trust for such individuals. This trust serves as a financial safety net, providing essential support to those who require assistance in managing their day-to-day needs.

Beyond financial management, The Everfund Inc also offers guidance and advice to the underprivileged, the sick, the elderly, the disabled, and those with mental challenges. They help these individuals navigate the complex process of becoming eligible for Medicaid and securing governmental aid grants. The organization goes a step further, assisting them in the application process and even accompanying them to Medicaid hearings, ensuring their voices are heard and their needs are met.

In summary, The Everfund Inc is a vital resource for the disabled community, offering both financial management services and practical guidance in accessing essential governmental aid. By providing these services, the organization aims to improve the quality of life for those who need it most, enabling them to live with dignity and independence.

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Impact




October, 2024

The Everfund Inc significantly impacts the disabled population by administering pooled special needs trusts, allowing individuals with disabilities who cannot care for themselves to access essential services. By managing pooled Medicaid trusts in New York, it ensures these individuals receive the necessary financial support while remaining eligible for crucial governmental aid.

The organization provides comprehensive guidance to underserved communities, including the poor, elderly, ill, and mentally challenged, helping them navigate the complexities of Medicaid eligibility and access other government aid. This support not only empowers disabled individuals but also enhances their quality of life by ensuring they receive the resources and assistance they need.

By facilitating applications for Medicaid and attending hearings, The Everfund Inc plays a vital role in advocating for the rights and needs of disabled individuals. Its work fosters a more inclusive society by addressing financial barriers and enabling access to critical healthcare and support services for those in need.




This information is meant to be a general summary of The Everfund 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
$261,773 (2022)
Expenses
$552,298 (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: $261,773
  • Gross Receipts: $261,773

Assets and Liabilities:

  • Total Assets: $28
  • Total Liabilities: $839,337
  • Net Assets: -$839,309

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Programs

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

FIDUCIARY AND TRUST FE

Revenue

$261,773

Organization Details

Founding Year

2018

Principal Officer

Jacob Spitzer

Main Address

15 PERLMAN DRIVE 116, SPRING VALLEY, NY, 10977

NTEE Category

Code: Y19 - Mutual benefit

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