Form 990 for tax year 2022
Filed by TAMID ISRAEL INVESTMENT GROUP LTD.
Totals
- Total revenue
- $3,671,135
- Total expenses
- $4,353,063
- Contributions and grants received
- $3,407,206
- Grants paid
- $0
- Program service revenue
- $251,412
- Investment income
- $10,950
- Other revenue
- $1,567
- Total assets, end of year
- $2,024,053
- Total liabilities, end of year
- $804,550
- Net assets or fund balances, end of year
- $1,219,503
- Program services expenses (Part IX)
- $3,288,062
- Management and general expenses
- $501,004
- Fundraising expenses
- $563,997
- Program service expenses (Part III)
- $3,288,062
Program services were 75.5% 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
$3,407,206
-
2a · Program service revenue: PROGRAM FEES
total $251,412 · related or exempt $251,412
-
3 · Investment income
total $10,950 · excluded $10,950
-
11a · Other revenue: FOREIGN EXCHANGE GAIN
total $1,281 · excluded $1,281
-
11b · Other revenue: MISCELLANEOUS
total $286 · excluded $286
-
11e · Other revenue, total
$1,567
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $348,402 · program services $108,745 · management and general $131,386 · fundraising $108,271
-
7 · Other salaries and wages
total $944,380 · program services $572,713 · management and general $39,189 · fundraising $332,478
-
8 · Pension plan contributions
total $14,437 · program services $7,904 · management and general $2,182 · fundraising $4,351
-
9 · Other employee benefits
total $88,043 · program services $57,142 · management and general $6,187 · fundraising $24,714
-
10 · Payroll taxes
total $96,087 · program services $52,607 · management and general $14,520 · fundraising $28,960
-
11b · Fees: legal
total $1,874 · management and general $1,874
-
11c · Fees: accounting
total $73,938 · management and general $73,938
-
11f · Fees: investment management
total $236 · management and general $236
-
11g · Fees: other
total $1,631,877 · program services $1,529,485 · management and general $101,170 · fundraising $1,222
-
12 · Advertising and promotion
total $24,376 · program services $21,873 · management and general $383 · fundraising $2,120
-
13 · Office expenses
total $45,983 · program services $27,719 · management and general $16,326 · fundraising $1,938
-
14 · Information technology
total $136,045 · program services $89,480 · management and general $29,228 · fundraising $17,337
-
16 · Occupancy
total $59,383 · program services $31,678 · management and general $7,446 · fundraising $20,259
-
17 · Travel
total $700,358 · program services $663,391 · management and general $19,507 · fundraising $17,460
-
19 · Conferences, conventions and meetings
total $107,909 · program services $99,912 · management and general $3,901 · fundraising $4,096
-
23 · Insurance
total $20,689 · management and general $20,689
-
24a · Other expenses: MERCHANT FEES
total $21,974 · program services $9,431 · management and general $12,491 · fundraising $52
-
24b · Other expenses: DUES & SUBS.
total $16,184 · program services $11,068 · management and general $5,116
-
24c · Other expenses: OTHER EXPENSES
total $12,433 · program services $2,873 · management and general $9,456 · fundraising $104
-
24d · Other expenses: REGISTRATION FEES
total $6,327 · program services $929 · management and general $5,398
-
24e · All other expenses
total $2,128 · program services $1,112 · management and general $381 · fundraising $635
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $979,068 · end of year $698,409
-
2 · Savings and temporary cash investments
beginning of year $60,700 · end of year $175,669
-
3 · Pledges and grants receivable
beginning of year $511,565 · end of year $325,748
-
4 · Accounts receivable
beginning of year $771,970 · end of year $649,111
-
9 · Prepaid expenses and deferred charges
beginning of year $56,733 · end of year $80,529
-
11 · Investments: publicly traded securities
beginning of year $82,699 · end of year $94,587
-
17 · Accounts payable and accrued expenses
beginning of year $286,244 · end of year $461,347
-
25 · Other liabilities
beginning of year $287,940 · end of year $343,203
-
27 · Net assets without donor restrictions
beginning of year $1,874,827 · end of year $1,057,766
-
28 · Net assets with donor restrictions
beginning of year $13,724 · end of year $161,737
Mission and programs · 2022
Mission
TAMID GROUP FACILITATES EXPERIENTIAL EDUCATION AND CULTIVATES RELATIONSHIPS TO CREATE A STRONG, LASTING CONNECTION TO ISRAEL FOR EMERGING PROFESSIONALS.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
FELLOWSHIP: A SUMMER INTERNSHIP AND SIGHTSEEING EXPERIENCE IN ISRAEL FOR TAMID STUDENTS.
Expenses $1,784,871 · Revenue $245,560
-
CAMPUS: TAMID CHAPTERS OFFER ISRAEL-FOCUSED BUSINESS CLASSES, CONSULTING PROJECTS, AND INVESTMENT RESEARCH PROJECTS FOR COLLEGE STUDENTS.
Expenses $832,709 · Revenue $4,995
-
COMPANY RELATIONS: BUILDING A COMMUNITY OF ISRAELI COMPANIES THAT PROVIDE EXPERIENTIAL LEARNING OPPORTUNITIES TO STUDENTS.
Expenses $488,683
-
PRO: PROGRAMS FOR POST-COLLEGE TAMID MEMBERS TO LEARN ABOUT ISRAEL AND DEVELOP AS BUSINESS LEADERS.
Expenses $181,799 · Revenue $857
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dan SommerDAN SOMMER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Emily SharkoEMILY SHARKO
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Diana TapperDIANA TAPPER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Max HellerMAX HELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jacob Ner-DavidJACOB NER-DAVID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sandy RubinsteinSANDY RUBINSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Yasha BrudnoYASHA BRUDNO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Victoria BenaroyaVICTORIA BENAROYA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jonah HeilmanJONAH HEILMAN
CHIEF EXECUTIVE OFFICER
- Total calculated
- $227,512
- From this org
- $186,028
- From related orgs
- $0
- Other
- $41,484
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,028
- Bonus
- $25,000
- Other
- $0
- Deferred
- $12,092
- Nontaxable benefits
- $29,392
- Filer's total
- $227,512
-
Nathan GilsonNATHAN GILSON
CHIEF OPERATING OFFICER
- Total calculated
- $152,963
- From this org
- $135,553
- From related orgs
- $0
- Other
- $17,410
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,553
- Bonus
- $0
- Other
- $0
- Deferred
- $6,891
- Nontaxable benefits
- $10,519
- Filer's total
- $152,963
-
Alexandra TuchmanALEXANDRA TUCHMAN
CHIEF DVLPT. OFF. (UNTIL 12/15/22)
- Total calculated
- $147,085
- From this org
- $137,107
- From related orgs
- $0
- Other
- $9,978
- Hours/week
- 40
-
Maya CohenMAYA COHEN
CHIEF PROGRAM OFFICER
- Total calculated
- $107,621
- From this org
- $101,376
- From related orgs
- $0
- Other
- $6,245
- Hours/week
- 40
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- ISRAEL-BASED EMPLOYEES ARE ELIGIBLE FOR A $50/MONTH FITNESS REIMBURSEMENT BENEFIT. USA-BASED EMPLOYEES MAY RECEIVE A $75/MONTH FITNESS BENEFIT WHICH IS ADDED TO THEIR TAXABLE INCOME.
- PART I, LINE 7
- JONAH HEILMAN AND ALEXANDRA TUCHMAN RECEIVED BONUSES OF $25,000 AND $10,000, RESPECTIVELY.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421979349301087
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