Matbia Charities Inc

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

EIN: 851296530 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Matbia Charities Inc?

Matbia Charities Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 5314 16th Avenue STE 298. Their primary purpose is to manage a Donor-Advised Fund, a charitable giving tool that allows donors to make contributions, manage their philanthropic activities, and experience the satisfaction of making a difference in a personal and efficient manner. By offering these services, Matbia Charities Inc aims to make charitable giving a rewarding experience for their fund holders.

Is Matbia Charities Inc legitimate?

Matbia Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matbia Charities 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 Matbia Charities Inc?

Matbia Charities Inc's mission is centered around maintaining a donor-advised fund, demonstrating their commitment to fundholders. They strive to make charitable giving administratively efficient and personally rewarding for their clients, providing essential services to facilitate this process. By doing so, Matbia Charities Inc aims to enhance the charitable giving experience for their fundholders.

Who is the CEO of Matbia Charities Inc?

Yosef E Kraus is the President of Matbia Charities Inc.

What is the revenue of Matbia Charities Inc?

Matbia Charities Inc's revenue in 2022 was $1,461,282.

Who are the executives of Matbia Charities Inc and what are their salaries?


Here are 3 key members and their salaries:


Yosef E Kraus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shloime Rottenberg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shamshon Kohn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Matbia Charities Inc?

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

Mission Statement of Matbia Charities Inc

Matbia Charities Inc is committed to maintaining a Donor-Advised Fund, serving as a trusted partner to its fund holders. The organization's mission is to make charitable giving an efficient and personally rewarding experience for its clients. By providing essential services, Matbia Charities Inc aims to honor its commitment to its fund holders, fostering a sense of satisfaction and fulfillment in their philanthropic endeavors.

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Impact




July, 2024

Matbia Charities Inc's impact is evident in the efficient and rewarding services it provides to fund holders, enabling them to engage in charitable giving with ease and personal satisfaction. Through the maintenance of a donor advised fund, Matbia Charities in Brooklyn, NY, facilitates philanthropy by streamlining the administrative aspects of giving and ensuring that donors can see the tangible effects of their contributions. This approach enhances the overall impact of charitable donations and fosters a culture of generosity within the community.




This information is meant to be a general summary of Matbia Charities 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
$1,461,282 (2022)
Expenses
$805,045 (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: $24,314
  • Gross Receipts: $1,461,282

Assets and Liabilities:

  • Total Assets: $707,888
  • Total Liabilities: $51,651
  • Net Assets: $656,237

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Organization Details

Principal Officer

Yosef E Kraus

Main Address

5314 16TH AVE STE 298, BROOKLYN, NY, 11204

NTEE Category

Code: T50 - Philanthropy

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