Tamid Israel Investment Group Ltd
- Assets
- $1.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Grand Rapids, MI
- Founding
- 04/2010
- Data as of
- 08/2021
- EIN
- 27-0546893
Organization Overview
Tamid Israel Investment Group Ltd is located in Grand Rapids, MI. The organization was established in 2010. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 08/2021, Tamid Israel Investment Group Ltd employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tamid Israel Investment Group Ltd 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 08/2021, Tamid Israel Investment Group Ltd generated $3.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.9m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP: A SUMMER INTERNSHIP AND SIGHTSEEING EXPERIENCE IN ISRAEL FOR TAMID STUDENTS.
CAMPUS: TAMID CHAPTERS OFFER ISRAEL-FOCUSED BUSINESS CLASSES, CONSULTING PROJECTS, AND INVESTMENT RESEARCH PROJECTS FOR COLLEGE STUDENTS.
COMPANY RELATIONS: BUILDING A COMMUNITY OF ISRAELI COMPANIES THAT PROVIDE EXPERIENTIAL LEARNING OPPORTUNITIES TO STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonah Heilman Chief Executive Officer | Officer | 40 | $147,460 |
Nathan Gilson Chief Operating Officer | Officer | 40 | $106,809 |
Max Heller Chair To Dir. (tran. 03/2021) | OfficerTrustee | 2 | $0 |
Dan Sommer Dir. To Chair (tran. 03/2021) | OfficerTrustee | 2 | $0 |
Bruce Sholk Treasurer | OfficerTrustee | 2 | $0 |
Emily Sharko Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hillel Israel Jewish Program Activities | 8/30/20 | $268,000 |
Aardvark Housing | 8/30/20 | $133,008 |
Directtravel Travelling | 8/30/20 | $362,461 |
Onward Israel Touring & Travelling | 8/30/20 | $329,969 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $133,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,915,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,048,748 |
| Total Program Service Revenue | $74,700 |
| Investment income | $1,099 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,123,677 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,441 |
| Compensation of current officers, directors, key employees. | $117,813 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $554,621 |
| Pension plan accruals and contributions | $6,858 |
| Other employee benefits | $39,057 |
| Payroll taxes | $57,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,353 |
| Fees for services: Accounting | $63,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $31 |
| Fees for services: Other | $827,822 |
| Advertising and promotion | $37,267 |
| Office expenses | $31,573 |
| Information technology | $121,908 |
| Royalties | $0 |
| Occupancy | $94,622 |
| Travel | $623,854 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,519 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,622 |
| Insurance | $11,090 |
| All other expenses | $9,714 |
| Total functional expenses | $2,886,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $963,723 |
| Savings and temporary cash investments | $64,358 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $245,557 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $240,905 |
| Net Land, buildings, and equipment | $5,609 |
| Investments—publicly traded securities | $106,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,312 |
| Total assets | $1,648,528 |
| Accounts payable and accrued expenses | $332,748 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $133,505 |
| Other liabilities | $333,767 |
| Total liabilities | $800,020 |
| Net assets without donor restrictions | $818,359 |
| Net assets with donor restrictions | $30,149 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,648,528 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Tamid Israel Investment Group Ltd has recieved totaling $189,584.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $103,540 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $27,600 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $25,000 |
Koret Foundation San Francisco, CA PURPOSE: BAY AREA PROGRAMMING AND OPERATIONS | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,209 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Opportunities Unlimited The Hale Building Cleveland, OH | $8,032,160 | $12,914,615 |
Tamid Israel Investment Group Ltd Grand Rapids, MI | $1,648,528 | $3,123,677 |
Interalliance Of Greater Cincinnati Cincinnati, OH | $209,405 | $889,890 |
Columbus Fashion Initiative Columbus, OH | $260,125 | $700,402 |
Forge Leadership Network Dayton, OH | $160,330 | $662,968 |
Junior Achievement Of North Central Michigan Inc Midland, MI | $706,387 | $369,801 |
Project Transformation Indiana Indianapolis, IN | $70,000 | $174,675 |
Ohio Business Week Foundation Columbus, OH | $52,839 | $0 |
Operation Step-Up Cincinnati, OH | $1,000 | $0 |
Learning About Business Inc Painesville, OH | $204,388 | $65,452 |
Image Character Etiquette Inc Columbus, OH | $52,285 | $131,308 |
Communities In Schools Of Detroit Southfield, MI | $0 | $0 |