Friends Of Bet Shalom Inc
- Assets
- $50.7k
- Revenue
- $1.2k
- Investments
- $47.7k
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 04-2921493
Organization Overview
Friends Of Bet Shalom Inc is located in Worcester, MA. The organization was established in 1988. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Bet Shalom Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Friends Of Bet Shalom Inc generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $3.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie Rosenfeld Secretary | 0 | $0 | |
Richard Katz President | 0 | $0 | |
Ronald Silver Director | 0 | $0 | |
Lois Singer Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200 |
| Interest on Savings | $515 |
| Dividends & Interest | $627 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$132 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,210 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,275 |
| Contributions, gifts, grants paid | $2,518 |
| Total expenses and disbursements | $3,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,581 |
| Savings and temporary cash investments | $261 |
| Net Accounts receivable | $65 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $38,821 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,656 |
| Accounts payable and accrued expenses | $1,100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,100 |
Grants Awarded
Over the last fiscal year, Friends Of Bet Shalom Inc has awarded $2,642 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Worcester, MA PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSE | $2,592 |
AVIVA FELLMAN PURPOSE: JRH MEMORIAL BENCH | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Renewal Housing Development Fund Corporation New York, NY | $300,253,945 | $3,393,057 |
Rth Mission Park Realty Corporation Boston, MA | $107,143,093 | $17,493,070 |
Jasa Housing Management Services For The Aged Inc New York, NY | $1,639,951 | $4,107,455 |
N Woodburn Nichols Foundation Inc Groveland, MA | $40,329,040 | $1,703,919 |
Fund For Public Housing Inc New York, NY | $1,013,121 | $2,190,535 |
Kendal New York Sleepy Hollow, NY | $0 | $1,764,852 |
89 South Care Support Inc Pittsfield, MA | $26,959,750 | $1,785,474 |
Pines At Narragansett Housing Development Fund Company Inc Ossining, NY | $1,108,354 | $873,822 |
St Peters Italian Church Housing Development Fund Co Inc Syracuse, NY | $3,862,039 | $1,176,808 |
Rochester Presbyterian Home Foundation Inc Rochester, NY | $19,141,210 | $2,601,287 |
Inrc Services Corp Holtsville, NY | $13,900,038 | $3,767,801 |
Onondaga County Housing Development Fund Company Syracuse, NY | $374,082 | $790,098 |