Mekarvim Gemach Foundation

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

EIN: 852645712 ✦ Henderson, NV ✦ Designated as a 501(c)(3)

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Overview

What is Mekarvim Gemach Foundation?

Mekarvim Gemach Foundation is a 501(c)(3) nonprofit organization situated in Henderson, Nevada. Its primary purpose is to extend low-interest loans to individuals in financial need. The foundation's mission is to offer these loans to those who are economically disadvantaged, aiming to provide financial assistance and support. The foundation operates under the 501(c)(3) tax-exempt status, which means it is recognized as a charitable organization and donations made to it may be tax-deductible.

Is Mekarvim Gemach Foundation legitimate?

Mekarvim Gemach Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mekarvim Gemach Foundation 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 Mekarvim Gemach Foundation?

The Mekarvim Gemach Foundation, being a 501(c)(3) nonprofit organization, is committed to providing low-interest loans to individuals in need. Its mission is to extend financial aid to those who are financially disadvantaged, aiming to alleviate their financial burdens. This nonprofit organization stands as a source of support, offering an alternative to high-interest loans, thereby providing a more affordable solution for those in need.

Who is the CEO of Mekarvim Gemach Foundation?

Unavailable

What is the revenue of Mekarvim Gemach Foundation?

Mekarvim Gemach Foundation's revenue in 2021 was $6,250.

Who are the executives of Mekarvim Gemach Foundation and what are their salaries?


Here are 2 key members and their salaries:


Ari L Koretsky (Director/President/Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meir Goldberg (Director/Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Mekarvim Gemach Foundation?

Mekarvim Gemach Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Mekarvim Gemach Foundation

The Mekarvim Gemach Foundation, a 501(c)(3) nonprofit organization, is dedicated to extending a helping hand to individuals who find themselves in financial hardship. Its mission is centered around providing these individuals with low-interest loans. This nonprofit organization operates with the goal of alleviating the financial burdens faced by those who are indigent, offering them the financial assistance they need to tackle their challenges.

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Impact




October, 2024

Mekarvim Gemach Foundation has made a significant impact by providing low-interest loans to indigent individuals in Henderson, NV. By facilitating access to affordable financial resources, the foundation helps individuals overcome economic challenges, enabling them to address urgent needs and improve their financial stability. This support can lead to enhanced quality of life, allowing recipients to invest in essential expenses, such as healthcare, education, and housing, which might otherwise be out of reach. Through its mission, Mekarvim Gemach Foundation plays a critical role in fostering economic resilience within the community, offering a pathway toward financial independence and empowerment for those in need.




This information is meant to be a general summary of Mekarvim Gemach Foundation. 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
$6,250 (2021)
Expenses
$48 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $6,250

Assets and Liabilities:

  • Total Assets: $10,670
  • Total Liabilities: $0
  • Net Assets: $10,670

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Organization Details

Main Address

1553 LIVINGSTON DR, HENDERSON, NV, 89012

NTEE Category

Code: Z99 - Unknown

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