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The Rosen Memorial Fund Inc

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

EIN: 831279196 ✦ Monsey, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Rosen Memorial Fund Inc?

The Rosen Memorial Fund Inc, located within the community, is a compassionate nonprofit organization that extends financial aid and assistance to vulnerable individuals such as widows, orphans, and those in need. Beyond this, they also contribute to the betterment of various charitable, religious, and educational establishments in their locale. The fund's mission is multifaceted, aiming to enhance the well-being of their community and support the growth and development of numerous organizations within it.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Rosen Memorial Fund Inc has achieved an impressive score of 97%, which translates into a Four-Star rating from Charity Navigator. This rating is solely based on a single beacon score that reflects the charity's accountability and financial health, emphasizing the organization’s strong management practices and use of resources.

The charity's strengths lie in its high accountability standards, including having a fully independent board and no material diversion of assets. With a program expense ratio of 99.80%, it demonstrates a strong commitment to directing funds toward its mission rather than administrative costs. Additional policies such as conflict of interest and whistleblower protection are clearly established, contributing to a transparent operational structure.

While the data indicates no significant limitations, the focused nature of the rating means it does not account for other factors such as program impact or community engagement. Nonetheless, The Rosen Memorial Fund Inc appears to operate with a strong commitment to accountability and financial responsibility, making it a reliable choice for potential donors.


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

Is The Rosen Memorial Fund Inc legitimate?

The Rosen Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rosen Memorial Fund Inc submitted a form 990EZ, 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.

What is the mission statement of The Rosen Memorial Fund Inc?

The Rosen Memorial Fund Inc is dedicated to extending financial aid and assistance to vulnerable individuals in the community, such as widows and orphans, who are in need. Moreover, this organization extends its support to various charitable, religious, and educational organizations as well. In summary, the mission of The Rosen Memorial Fund Inc is to provide financial assistance and support to those in need and contribute to the betterment of charitable, religious, and educational institutions within the community.

Who is the CEO of The Rosen Memorial Fund Inc?

Unavailable

What is the revenue of The Rosen Memorial Fund Inc?

The Rosen Memorial Fund Inc's revenue in 2022 was $44,943.

Who are the executives of The Rosen Memorial Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Binyomin Berkowittz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hanina Sussholz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shia Lebrecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yoel Sterngold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Spira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Rosen Memorial Fund Inc?

The Rosen Memorial Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Rosen Memorial Fund Inc

The Rosen Memorial Fund, as a philanthropic organization, is dedicated to offering financial aid and support to a diverse array of individuals in need within the local community. This encompasses widows, orphans, and other vulnerable individuals who may be facing hardships. Beyond this, the fund also extends its generosity to various charitable, religious, and educational organizations, recognizing the importance of these sectors in uplifting and empowering the community as a whole. By providing financial assistance and support to these organizations, The Rosen Memorial Fund contributes to the overall well-being and development of the community, ensuring that no one is left behind in times of need.

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Impact




August, 2024

The Rosen Memorial Fund Inc provides crucial financial assistance and support to widows, orphans, and other individuals in need within the local community. By offering aid to those facing challenging circumstances, this organization helps vulnerable populations find stability and security. Additionally, The Rosen Memorial Fund Inc contributes to the betterment of the community by supporting various charitable, religious, and educational organizations. Overall, its impact is felt in the lives of those it assists and in the broader community through its philanthropic efforts.




This information is meant to be a general summary of The Rosen Memorial Fund 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
$44,943 (2022)
Expenses
$35,018 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Gross Receipts: $44,943

Assets and Liabilities:

  • Total Assets: $140,745
  • Total Liabilities: $0
  • Net Assets: $140,745

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Organization Details

Main Address

5 OAK GLEN RD, MONSEY, NY, 10952

NTEE Category

Code: T20 - Philanthropy

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