Assistance And Outreach Of Eastern Europe Inc

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

EIN: 841990213 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Assistance And Outreach Of Eastern Europe Inc?

Assistance and Outreach of Eastern Europe Inc, located at 418 Broadway STE 5420, Albany, NY 12207, is a nonprofit organization dedicated to supporting Chabad activities in Eastern European communities. Their mission entails providing social, humanitarian, and educational aid to Jewish communities in Eastern Europe, with a focus on former Soviet Union countries. The organization also offers religious instruction and educational programs, as well as offering social assistance to members of these communities. Additionally, they offer financial assistance to help Chabad activities continue and provide support to refugees from these communities who have settled in the USA.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)

Assistance And Outreach Of Eastern Europe Inc has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial transparency. The overall score of 69% reflects strong aspects such as having a fully independent board and a commendable program expense ratio of 96.34%, suggesting that a significant majority of its expenses are directed towards its programs.

While the organization shows strengths in governance, there are notable limitations in its financial reporting. The absence of financial statements and missing policies such as conflict of interest and document retention significantly impacted the accountability score. Additionally, the organization's website is not listed on its tax form, which could hinder transparency for potential donors.

Despite these issues, the organization demonstrates solid financial health with a liabilities to assets ratio of 0.00%, indicating no significant debt. However, the lack of publicly available documentation and policies may raise concerns for stakeholders regarding the organization’s operational transparency and governance practices.


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

Is Assistance And Outreach Of Eastern Europe Inc legitimate?

Assistance And Outreach Of Eastern Europe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Assistance And Outreach Of Eastern Europe 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 Assistance And Outreach Of Eastern Europe Inc?

Assistance and Outreach of Eastern Europe Inc, through its Chabad Outreach, aims to offer social, humanitarian, and educational aid to Jewish communities in Eastern Europe, particularly those that were part of the former Soviet Union. The organization's mission is to provide relief and support, including religious instruction and educational programs, to these communities. Additionally, it offers social assistance to its members. The organization also provides financial grants to promote Chabad activities in Eastern Europe. Furthermore, it provides support and assistance to refugees from these communities who have settled in the USA.

Who is the CEO of Assistance And Outreach Of Eastern Europe Inc?

Illya Goldshtein is the Director, President of Assistance And Outreach Of Eastern Europe Inc.

What is the revenue of Assistance And Outreach Of Eastern Europe Inc?

Assistance And Outreach Of Eastern Europe Inc's revenue in 2022 was $1,445,465.

Who are the executives of Assistance And Outreach Of Eastern Europe Inc and what are their salaries?


Here are 3 key members and their salaries:


Illya Goldshtein (Director, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yosef Rogatsky (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Okonov (Director,Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Assistance And Outreach Of Eastern Europe Inc?

Assistance And Outreach Of Eastern Europe Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Assistance And Outreach Of Eastern Europe Inc

Assistance and Outreach of Eastern Europe Inc, in its mission, aims to provide social, humanitarian, and educational aid to the Jewish communities in Eastern Europe, with a particular focus on countries that were once part of the former Soviet Union. The organization's objective is to support these communities in various ways, including offering religious instruction and educational programs as well as providing social assistance. Chabad Outreach of Eastern Europe's role is multifaceted, extending beyond just financial aid, to also include offering assistance to refugees from these communities who have emigrated to the USA. The organization's goal is to improve the lives of these communities by providing them with the necessary resources to thrive.

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Impact




July, 2024

Assistance And Outreach Of Eastern Europe Inc, operating under the mission of Chabad Outreach of Eastern Europe, has made a significant impact in providing social, humanitarian, and educational help to Jewish communities in Eastern Europe. By offering financial assistance to promote Chabad activities in the region, this organization has been able to support refugees who have settled in the USA from these communities. Through grants and support for religious instruction, educational programs, and social assistance, Assistance And Outreach Of Eastern Europe Inc has greatly contributed to the well-being and development of Jewish individuals in countries that were once part of the former Soviet Union.




This information is meant to be a general summary of Assistance And Outreach Of Eastern Europe 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
$1,445,465 (2022)
Expenses
$852,104 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,445,465

Assets and Liabilities:

  • Total Assets: $768,026
  • Total Liabilities: $67
  • Net Assets: $767,959

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Organization Details

Founding Year

2020

Principal Officer

Illya Goldshtein

Main Address

418 Broadway STE 5420, Albany, NY, 12207

NTEE Category

Code: X30 - Religion related

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