Skip to content
Nonprofiteer
← UTA OF KJ BC II INC

Form 990 for tax year 2024

Filed by UTA OF KJ BC II INC.

Totals

Total revenue
$2,555,212
Total expenses
$2,382,919
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,555,212
Investment income
$0
Other revenue
$0
Total assets, end of year
$21,640,552
Total liabilities, end of year
$15,592,367
Net assets or fund balances, end of year
$6,048,185
Program services expenses (Part IX)
$2,382,919
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,382,919

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL INCOME

    total $2,555,212 · related or exempt $2,555,212

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $127,339 · program services $127,339

  • 11g · Fees: other

    total $213,256 · program services $213,256

  • 13 · Office expenses

    total $322,276 · program services $322,276

  • 16 · Occupancy

    total $276,548 · program services $276,548

  • 20 · Interest

    total $725,151 · program services $725,151

  • 22 · Depreciation, depletion and amortization

    total $517,295 · program services $517,295

  • 23 · Insurance

    total $49,131 · program services $49,131

  • 24a · Other expenses: MAINTENANCE AND REPAIRS

    total $151,923 · program services $151,923

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $470,533 · end of year $259,031

  • 4 · Accounts receivable

    beginning of year $288,229 · end of year $343,326

  • 7 · Other notes and loans receivable

    beginning of year $283,119 · end of year $346,498

  • 10a · Land, buildings and equipment: cost or other basis

    $23,666,712

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,358,441

  • 10c · Land, buildings and equipment, net

    beginning of year $20,532,419 · end of year $20,308,271

  • 15 · Other assets

    beginning of year $155,306 · end of year $383,426

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,457 · end of year $46,643

  • 23 · Secured mortgages and notes payable

    beginning of year $15,608,290 · end of year $15,321,307

  • 25 · Other liabilities

    beginning of year $223,967 · end of year $224,417

  • 27 · Net assets without donor restrictions

    beginning of year $5,875,892 · end of year $6,048,185

Mission and programs · 2024

Mission

SEE SCHEDULE OTO GENERATE ECONOMIC ACTIVITY AND LOCAL JOBS FOR THE POVERTY-STRICKEN PEOPLE OF KIRYAS JOEL BY CREATING BUSINESSES THAT WILL PROVIDE 250 JOBS FOR THE NEEDY, AND WHOSE PROFITS WILL BE GRANTED TO THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC NOT FOR PROFIT INSTITUTIONS. THE ORGANIZATION ALSO PURCHASES PROPERTY TO USE BY OR BENEFIT RELIGIOUS INSTITUTIONS AND FOSTERS RELIGIOUS UNDERSTANDING AND TEACHINGS OF THE DICTATES OF THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC.

Activities or mission (Part I)

TO GENERATE ECONOMIC ACTIVITY AND LOCAL JOBS FOR THE POVERTY-STRICKEN PEOPLE OF KIRYAS JOEL BY CREATING BUSINESSES THAT WILL PROVIDE 250 JOBS FOR THE NEEDY, AND WHOSE PROFITS WILL BE GRANTED TO THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC NOT FOR PROFIT INSTITUTIONS. THE ORGANIZATION ALSO PURCHASES PROPERTY TO USE BY OR BENEFIT RELIGIOUS INSTITUTIONS AND FOSTERS RELIGIOUS UNDERSTANDING AND TEACHINGS OF THE DICTATES OF THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC.

  • TO GENERATE ECONOMIC ACTIVITY AND LOCAL JOBS FOR THE POVERTY-STRICKEN PEOPLE OF KIRYAS JOEL BY CREATING BUSINESSES THAT WILL PROVIDE 250 JOBS FOR THE NEEDY, AND WHOSE PROFITS WILL BE GRANTED TO THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC NOT FOR PROFIT INSTITUTIONS. THE ORGANIZATION ALSO PURCHASES PROPERTY TO USE BY OR BENEFIT RELIGIOUS INSTITUTIONS AND FOSTERS RELIGIOUS UNDERSTANDING AND TEACHINGS OF THE DICTATES OF THE UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC.

    Expenses $2,382,919 · Revenue $2,555,212

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SIMON KEPECS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • MAYER HIRSCH

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • ELOZER GRUBER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • YOEL SCHWARTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SHLOMA WEISS

    DIRECTOR

    Total calculated
    $169,220
    From this org
    $0
    From related orgs
    $169,220
    Other
    $0
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $169,220 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $169,220 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
7 July 2026
IRS schema version
2024v5.5
Source object
202611969349302206

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.