Midwest Torah Center Corporation
- Assets
- $1.4m
- Revenue
- $31.6k
- Investments
- $0.0
- Employees
- 1
- Location
- South Bend, IN
- Founding
- 03/2007
- Data as of
- 07/2022
- EIN
- 20-4465187
Organization Overview
Midwest Torah Center Corporation is located in South Bend, IN. The organization was established in 2007. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Torah Center Corporation 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 07/2022, Midwest Torah Center Corporation generated $31.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (44.5%) each year. All expenses for the organization totaled $102.1k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY THE INTEREST AND NEEDS OF THE GENERAL JEWISH COMMUNITY AND DEVELOP A CURRICULUM OF JEWISH STUDIES WHICH IS TAILORED TO THEIR NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SABBATH AND HOLIDAY SERVICES FOR ALL AGES. LECTURES ON JEWISH OBSERVANCE ARE CONDUCTED ON A DAILY BASIS. YOUTH UP TO AGE 18, MEET AND PERFORM EDUCATIONAL AND RECREATIONAL ACTIVITIES ON A WEEKLY BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Lindow President | OfficerTrustee | 40 | $0 |
Janine Orenstein Treasurer | OfficerTrustee | 2 | $0 |
Stacey Rubin Secretary | OfficerTrustee | 2 | $0 |
Joshua Solomon Vice Preside | OfficerTrustee | 2 | $0 |
Stephen Sokolow Director | Trustee | 2 | $0 |
Mark Orenstein Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,563 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,288 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,851 |
| Total Program Service Revenue | $907 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,280 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,178 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,401 |
| Advertising and promotion | $0 |
| Office expenses | $51 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,541 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,361 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $102,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,710 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,754 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,318,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,425,914 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $14,005 |
| Unsecured mortgages and notes payable | $139,473 |
| Other liabilities | $0 |
| Total liabilities | $153,478 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,272,436 |
| Total liabilities and net assets/fund balances | $1,425,914 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Midwest Torah Center Corporation has recieved totaling $5,200.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agudath Israel Of Illinois Chicago, IL | $12,540,717 | $28,490,349 |
Israel Education Resource Northbrook, IL | $2,898,627 | $5,104,256 |
Jewish Book Trust Inc Chicago, IL | $193,677 | $3,687,800 |
Telshe Yeshiva-Chicago Rabbinical College Telshe-Chicago Chicago, IL | $12,712,898 | $3,475,484 |
Torah Center-Midwest Inc Saint Louis, MO | $8,797,444 | $7,267,802 |
The Hasten Hebrew Academy Of Indianapolis Inc Indianapolis, IN | $4,103,552 | $2,204,611 |
Jewish Federation Of Madison Inc Madison, WI | $7,961,945 | $1,844,886 |
Chicago Mezuzah And Mitzvah Campaign Chicago, IL | $6,088,811 | $3,236,437 |
Svara Chicago, IL | $877,369 | $1,978,989 |
American Conference Of Cantors Inc Schaumburg, IL | $8,030,419 | $1,368,770 |
Kollel Torah Mitzion Inc Skokie, IL | $507,215 | $1,156,945 |
Ravenswood Budlong Hebr Cong Chicago, IL | $4,029,296 | $795,339 |