Form 990 for tax year 2022
Filed by KEREM BAIS YAAKOV SEMINARY INC.
Totals
- Total revenue
- $262,338
- Total expenses
- $112,328
- Contributions and grants received
- $216,555
- Grants paid
- $0
- Program service revenue
- $45,666
- Investment income
- $117
- Other revenue
- $0
- Total assets, end of year
- $5,715,542
- Total liabilities, end of year
- $5,565,532
- Net assets or fund balances, end of year
- $150,010
- Program services expenses (Part IX)
- $50,781
- Management and general expenses
- $61,547
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $50,781
Program services were 45.2% 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.
-
1f · All other contributions, gifts and grants
$216,555
-
2a · Program service revenue: TUITION
total $45,666 · related or exempt $45,666
-
3 · Investment income
total $117 · excluded $117
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $21,600 · management and general $21,600
-
9 · Other employee benefits
total $13,000 · management and general $13,000
-
10 · Payroll taxes
total $2,430 · program services $2,430
-
11g · Fees: other
total $11,275 · management and general $11,275
-
12 · Advertising and promotion
total $35,243 · program services $35,243
-
13 · Office expenses
total $2,726 · management and general $2,726
-
20 · Interest
total $11,801 · management and general $11,801
-
22 · Depreciation, depletion and amortization
total $60 · program services $60
-
23 · Insurance
total $524 · management and general $524
-
24a · Other expenses: OUTSIDE SERVICES
total $4,929 · program services $4,929
-
24b · Other expenses: CC PROCESSING FEES
total $3,789 · program services $3,789
-
24c · Other expenses: SOFTWARE
total $3,196 · program services $3,196
-
24d · Other expenses: EMPLOYEE GIFTS
total $820 · program services $820
-
24e · All other expenses
total $935 · program services $314 · management and general $621
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $440,660
-
14 · Intangible assets
end of year $18,015
-
15 · Other assets
end of year $5,256,867
-
23 · Secured mortgages and notes payable
end of year $3,570,000
-
24 · Unsecured notes and loans payable
end of year $1,650,000
-
25 · Other liabilities
end of year $345,532
-
27 · Net assets without donor restrictions
end of year $150,010
Mission and programs · 2022
Mission
SEMINARY BNOS CHAIM IS A RELIGIOUS INSTITUTION WITH TRADITIONAL VALUES DEDICATED TO ADVANCING STUDENTS IN CLASSICAL TORAH STUDIES WHILE ESTABLISHING A TORAH OUTLOOK THAT STUDENTS CAN APPLY TO DAILY LIFE. OUR CURRICULUM WILL ENHANCE JEWISH LIFE, SHAPE THE JEWISH EXPERIENCE OF THE FUTURE, AS WELL AS PREPARE STUDENTS TO ACHIEVE GAINFUL EMPLOYMENT IN OUR COMMUNITY.
-
SEMINARY BNOS CHAIM IS A RELIGIOUS INSTITUTION WITH TRADITIONAL VALUES DEDICATED TO ADVANCING STUDENTS IN CLASSICAL TORAH STUDIES WHILE ESTABLISHING A TORAH OUTLOOK THAT STUDENTS CAN APPLY TO DAILY LIFE. OUR CURRICULUM WILL ENHANCE JEWISH LIFE, SHAPE THE JEWISH EXPERIENCE OF THE FUTURE, AS WELL AS PREPARE STUDENTS TO ACHIEVE GAINFUL EMPLOYMENT IN OUR COMMUNITY.
Expenses $50,781 · Revenue $45,666
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Samuel GellisSAMUEL GELLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Yael GellisYAEL GELLIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 40
-
Bernard Dov KahanBERNARD DOV KAHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Benzion MagidBENZION MAGID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411369349306866
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