Zichron Alter Meir Wilamowsky Foundation
- Assets
- $36.1m
- Revenue
- $1.0m
- Investments
- $35.6m
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 31-1795391
Organization Overview
Zichron Alter Meir Wilamowsky Foundation is located in Lawrence, NY. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zichron Alter Meir Wilamowsky Foundation 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 12/2023, Zichron Alter Meir Wilamowsky Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 23.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 22.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE JEWISH EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eli Wilamowsky Director | 10 | $300,000 | |
Rhona Wilamowsky Director | 10 | $25,000 | |
Steven Wilamowsky Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,936 |
| Dividends & Interest | $1,038,178 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $5,549,550 |
| Net ST Capital Gain | $10,801,990 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,040,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $325,000 |
| Other employee salaries and wages | $25,000 |
| Pension plans, employee benefits | $0 |
| Interest | $379,611 |
| Taxes | $107,277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $22,020 |
| Printing and publications | $0 |
| Other expenses | $80,618 |
| Total operating and administrative expenses | $961,376 |
| Contributions, gifts, grants paid | $1,531,150 |
| Total expenses and disbursements | $2,492,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $262,411 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $261,022 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,890 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $36,126,936 |
| Accounts payable and accrued expenses | $12,507 |
| 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 | $12,507 |