Skip to content
Nonprofiteer
← CHAYIM VCHESED INC

Form 990 for tax year 2022

Filed by CHAYIM VCHESED INC.

Totals

Total revenue
$34,959,917
Total expenses
$34,734,167
Contributions and grants received
$34,953,413
Grants paid
$34,488,908
Program service revenue
$0
Investment income
$6,504
Other revenue
$0
Total assets, end of year
$4,990,501
Total liabilities, end of year
$156,940
Net assets or fund balances, end of year
$4,833,561
Program services expenses (Part IX)
$34,552,731
Management and general expenses
$122,168
Fundraising expenses
$59,268
Program service expenses (Part III)
$34,552,731

Program services were 99.5% 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

    $34,953,413

  • 3 · Investment income

    total $6,504 · excluded $6,504

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,601,620 · program services $5,601,620

  • 2 · Grants to domestic individuals

    total $221,800 · program services $221,800

  • 3 · Grants to foreign organizations and individuals

    total $28,665,488 · program services $28,665,488

  • 7 · Other salaries and wages

    total $78,618 · program services $44,812 · management and general $15,724 · fundraising $18,082

  • 10 · Payroll taxes

    total $7,224 · program services $4,117 · management and general $1,445 · fundraising $1,662

  • 11c · Fees: accounting

    total $10,875 · management and general $10,875

  • 11g · Fees: other

    total $27,000 · fundraising $27,000

  • 13 · Office expenses

    total $83,789 · program services $6,515 · management and general $71,219 · fundraising $6,055

  • 16 · Occupancy

    total $32,001 · program services $6,400 · management and general $19,201 · fundraising $6,400

  • 20 · Interest

    total $56 · management and general $56

  • 22 · Depreciation, depletion and amortization

    total $2,117 · program services $1,979 · management and general $69 · fundraising $69

  • 23 · Insurance

    total $3,579 · management and general $3,579

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,948,693 · end of year $4,118,248

  • 7 · Other notes and loans receivable

    end of year $50,000

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

    $91,665

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

    $34,210

  • 10c · Land, buildings and equipment, net

    beginning of year $59,572 · end of year $57,455

  • 12 · Investments: other securities

    beginning of year $616,444 · end of year $764,798

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,140 · end of year $7,040

  • 25 · Other liabilities

    beginning of year $149,900 · end of year $149,900

  • 27 · Net assets without donor restrictions

    beginning of year $4,473,669 · end of year $4,833,561

Mission and programs · 2022

Mission

THE FUNCTION OF THE ORGANIZATION IS TO COLLECT MONEY FOR THE INDIGENT. SUCH COLLECTIONS ARE FROM THOSE WHOSE HEART POURS OUT IN SYMPATHY TO THOSE LESS FORTUNATE WHO CANNOT GET BY ON A DAILY BASIS WITH BASIC LIVING NECESSITIES. THE OFFICERS OF THE ORGANIZATION, THE DIRECTORS, AND THEIR FAMILIES ARE NOT IN ANY WAY ELIGIBLE FOR ANY ASSISTANCE. .

  • TO RAISE FUNDS TO DISTRIBUTE TO REPUTABLE ORGANIZATIONS AND INDIVIDUALS IN THE US AND ABROAD.

    Expenses $34,552,731 · Grants $34,488,908

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • SHIMON FISCHER

    DIRECTOR

    Total calculated
    $0
  • YECHIEL MENDLOWITZ

    DIRECTOR

    Total calculated
    $0
  • JOSEPH WEISSMANDL

    DIRECTOR

    Total calculated
    $0

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
15 December 2023
IRS schema version
2022v5.0
Source object
202343499349300334

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.