Chasdei Shimon Inc
- Assets
- $763.3k
- Revenue
- $507.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, NJ
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-3777820
Organization Overview
Chasdei Shimon Inc is located in Lakewood, NJ. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chasdei Shimon Inc 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 12/2021, Chasdei Shimon Inc generated $507.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $396.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Chasdei Shimon Inc has awarded 25 individual grants totaling $282,370. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE FOOD AND MONEY TO IMPOVERISHED FAMILIES, AND TO MAKE SHORT-TERM INTEREST FREE LOANS TO THOSE IN NEED OF TEMPORARY FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DISTRIBUTION OF FOOD AND MONEY TO IMPOVERISHED FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aharon Epstein Trustee | Trustee | 25 | $0 |
Mayer Brander Trustee | Trustee | 1 | $0 |
Shlomo Kaufman Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $507,767 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $507,767 |
| Total Program Service Revenue | $0 |
| 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 | $507,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $77,535 |
| Grants and other assistance to domestic individuals. | $283,061 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,593 |
| Advertising and promotion | $0 |
| Office expenses | $624 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $36 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $396,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,003 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $495,039 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,216 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $763,258 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $763,258 |
| 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 | $763,258 |
Grants Awarded
Over the last fiscal year, Chasdei Shimon Inc has awarded $56,474 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BETH MEDRASH GOVOHA PURPOSE: CHARITABLE | $23,638 |
EZRAS ACHIM PURPOSE: CHARITABLE | $10,000 |
YESHIVA OHR SIMCHA OF ENGLEWOOD PURPOSE: CHARITABLE | $9,000 |
EIN OD MILVADO PURPOSE: CHARITABLE | $7,836 |
MESIVTA AHAVAS HATORAH PURPOSE: CHARITABLE | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chasdei Shimon Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Sheena Foundation Lakewood, NJ PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodbank Of Monmouth And Ocean Counties Inc Neptune, NJ | $23,534,641 | $40,812,179 |
Merakey New Jersey Inc Lafayette Hill, PA | $3,333,906 | $18,038,178 |
Friends Home At Woodstown Inc Woodstown, NJ | $21,975,067 | $12,213,479 |
St Edmonds Home For Crippled Children Philadelphia, PA | $49,721,966 | $18,318,758 |
Senior Community Services Inc Lakewood, NJ | $636,384 | $10,329,992 |
Newlands Health Philadelphia, PA | $1,159,090 | $8,229,782 |
Janet H And C Harry Knowles Foundation Inc Moorestown, NJ | $83,707,741 | $6,312,977 |
Transitional Services Inc Homestead, PA | $10,014,611 | $8,842,162 |
New Jersey Reentry Jersey City, NJ | $4,380,691 | $8,275,013 |
Family Center Inc Brooklyn, NY | $5,076,025 | $6,630,119 |
Emmaus Community Of Pittsburgh Pittsburgh, PA | $6,056,245 | $6,901,501 |
Commission On Case Manager Certification Mt Laurel, NJ | $5,786,406 | $5,906,549 |