New England Israel Business Council Inc is located in Lexington, MA. The organization was established in 2010. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Israel Business Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, New England Israel Business Council Inc generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE COUNCIL HOLDS EVENTS THAT COMBINE EDUCATIONAL LECTURES AND BUSINESS NETWORKING OPPORTUNITIES FOR SEVERAL TECHNOLOGY SECTORS - WATER, LEADERSHIP IN IT, CLEANTECH, TO BE ATTENDED BY PEOPLE FROM US AND ISRAEL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Trajman Executive Di | 10 | $0 | |
Gil Breiman Secretary | 3 | $0 | |
Bruce Levine Treasurer | 1 | $0 | |
David Barone Director | 0.2 | $0 | |
Nathalie Bloch Director | 0.2 | $0 | |
Yacov Levy Director | 0.2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,011 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $15,011 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $10,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $4,920 |
Total expenses | $14,920 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $47,929 |
Other assets | $0 |
Total assets | $47,929 |
Total liabilities | $0 |
Net assets or fund balances | $47,929 |