Talmudic Research Center Of Northern New Jersey
- Assets
- $6.3m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Passaic, NJ
- Founding
- 08/1974
- Data as of
- 06/2021
- EIN
- 22-2041389
Organization Overview
Talmudic Research Center Of Northern New Jersey is located in Passaic, NJ. The organization was established in 1974. As of 06/2021, Talmudic Research Center Of Northern New Jersey employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Talmudic Research Center Of Northern New Jersey 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 06/2021, Talmudic Research Center Of Northern New Jersey generated $5.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $4.7m during the year ending 06/2021. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT ADVANCED THEOLOGICAL SEMINARY FOR ORTHODOX JEWISH STUDENTS TO TRAIN THEM FOR THE RABBINATE AND COMMUNITY LEADERSHIP
Describe the Organization's Program Activity:
ORGANIZATION CONDUCTS ADVANCED THEOLOGICAL SEMINARY FOR TRAINING ORTHODOX JEWISH STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Yechiel M Mintz Vice President | Officer | 35 | $114,293 |
Rabbi Shalom G Stern Secretary | Officer | 35 | $88,670 |
Rabbi Meir Stern President And Dean | Officer | 40 | $61,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,380,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,763,080 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,143,080 |
| Total Program Service Revenue | $789,426 |
| Investment income | $11,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,112 |
| Net Gain/Loss on Asset Sales | $3,301 |
| Net Income from Fundraising Events | $242,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,201,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| 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. | $277,963 |
| Compensation of current officers, directors, key employees. | $55,593 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $715,935 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $723,998 |
| Payroll taxes | $58,901 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $41 |
| Office expenses | $55,199 |
| Information technology | $5,208 |
| Royalties | $0 |
| Occupancy | $228,330 |
| Travel | $2,833 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,490 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $307,599 |
| Insurance | $101,182 |
| All other expenses | $0 |
| Total functional expenses | $4,667,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,020 |
| Savings and temporary cash investments | $1,513,428 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,047,085 |
| 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 | $3,192,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,300 |
| Total assets | $6,255,764 |
| Accounts payable and accrued expenses | $29,197 |
| 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 | $261,191 |
| Unsecured mortgages and notes payable | $429,224 |
| Other liabilities | $0 |
| Total liabilities | $719,612 |
| Net assets without donor restrictions | $5,536,152 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $6,255,764 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Talmudic Research Center Of Northern New Jersey has recieved totaling $221,749.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $188,224 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $26,040 |
Yeshivas Kesser Yonah Chicago, IL PURPOSE: FOR THE PURPOSE OF ADVANCING JEWISH VALUES. | $6,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,200 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $180 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Mosdot Goor Inc Brooklyn, NY | $1,038,299 | $11,536,535 |
Rabbinical College Of America Morristown, NJ | $17,682,831 | $8,764,969 |
Talmudic Research Center Of Northern New Jersey Passaic, NJ | $6,255,764 | $5,201,190 |
American Council Of Rel & Vocatnl Sch Sys Of Beth Jacob Of Jer Inc Brooklyn, NY | $1,601,557 | $4,913,878 |
Association For Jewish Studies Inc New York, NY | $2,749,945 | $1,295,514 |
Yeshivas Bais Mordechai Of Teaneck Inc Teaneck, NJ | $1,013,053 | $1,259,759 |
American Friends Of The Rabbinical College Kol Torah Inc Monsey, NY | $53,047 | $754,208 |
Hadar Hatorah Inc Brooklyn, NY | $539,240 | $752,352 |
Associates For Biblical Research Akron, PA | $750,222 | $744,598 |
Dialogue Institute Philadelphia, PA | $464,596 | $151,581 |
Shaar Hatalmud Institute Brooklyn, NY | $1,893,423 | $1,487,905 |
Interweave Inc Summit, NJ | $9,609 | $55,951 |