Chasdei Nochum Inc

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

EIN: 851702435 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Chasdei Nochum Inc?

Chasdei Nochum Inc, situated in Lakewood, New Jersey, is a nonprofit organization committed to assisting indigent families. Their primary mission involves providing essential food supplies, alleviating overdue utility bills, and offering clothing for children in need. By offering these services, the organization aims to uplift the living standards of underprivileged families, ensuring they have access to basic necessities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating.

Chasdei Nochum Inc has earned a Two-Star rating from Charity Navigator, reflecting a score of 71%. The organization demonstrates strong governance with an independent board, achieving full points in areas such as board size and the absence of material diversion of assets. Additionally, it boasts a high program expense ratio of 99.40%, indicating that a significant portion of its funds is directed towards its programs.

However, the organization faces some limitations that have impacted its overall rating. Notably, it has not provided financial statements, which has resulted in a loss of 15 points in that category. Furthermore, the organization’s website is missing from its tax form, and it does not have key policies such as a whistleblower policy and a document retention policy in place. These missing elements may hinder transparency and accountability, which are critical for donor confidence.

Overall, while Chasdei Nochum Inc shows strong program spending and governance, the lack of available financial documentation and certain policy deficiencies reduce its rating and could be areas for improvement to enhance trust with stakeholders.


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

Is Chasdei Nochum Inc legitimate?

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

Chasdei Nochum Inc's mission is centered around providing assistance to indigent families. They aim to alleviate the burden of basic food necessities for these families. Furthermore, they strive to help pay overdue utility bills, ensuring a stable living environment. Additionally, the organization provides clothing for children, contributing to their overall well-being. In essence, Chasdei Nochum Inc's mission is to improve the living conditions and essential needs of financially struggling families.

Who is the CEO of Chasdei Nochum Inc?

Dovid Dick is the Trustee of Chasdei Nochum Inc.

What is the revenue of Chasdei Nochum Inc?

Chasdei Nochum Inc's revenue in 2022 was $793,993.

Who are the executives of Chasdei Nochum Inc and what are their salaries?


Here are 3 key members and their salaries:


Yisroel Brody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dovid Dick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yechiel Feigelstock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chasdei Nochum Inc?

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

Mission Statement of Chasdei Nochum Inc

Chasdei Nochum Inc is a nonprofit organization dedicated to assisting indigent families in need. Their primary mission is to provide essential food supplies, help settle overdue utility bills, and offer clothing for children who are struggling financially. By offering these necessary resources, Chasdei Nochum Inc aims to alleviate some of the burden faced by these families, enabling them to focus on other aspects of their lives. The organization's mission is a testament to its commitment to supporting vulnerable families and ensuring they have access to basic necessities, thereby improving their overall wellbeing.

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Impact




July, 2024

Chasdei Nochum Inc has a significant impact on indigent families in the community by providing basic food necessities, paying overdue utility bills, and supplying clothing for children. Through their dedicated efforts, they alleviate financial burdens for struggling families and ensure that essential needs are met. Their work directly contributes to improving the quality of life for those most in need in the Lakewood, NJ area.




This information is meant to be a general summary of Chasdei Nochum 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
$793,993 (2022)
Expenses
$848,873 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $793,993

Assets and Liabilities:

  • Total Assets: $56,883
  • Total Liabilities: $0
  • Net Assets: $56,883

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Organization Details

Founding Year

2020

Principal Officer

Dovid Dick

Main Address

308 MONMOUTH AVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: P99 - Human services

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