Hebrew Fund For The Aged Of Richmond Virginia
- Assets
- $2.2m
- Revenue
- $309.6k
- Investments
- $2.2m
- Employees
- 0
- Location
- Henrico, VA
- Founding
- 07/1979
- Data as of
- 12/2021
- EIN
- 51-0237242
Organization Overview
Hebrew Fund For The Aged Of Richmond Virginia is located in Henrico, VA. The organization was established in 1979. According to its NTEE Classification (G94) the organization is classified as: Geriatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew Fund For The Aged Of Richmond Virginia 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, Hebrew Fund For The Aged Of Richmond Virginia generated $309.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $143.8k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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.
Since 2015, Hebrew Fund For The Aged Of Richmond Virginia has awarded 15 individual grants totaling $734,846. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Markel President | 0.2 | $0 | |
James S Yoffy Vice President | 0 | $0 | |
W Barry Hofheimer Secretary | 0.2 | $0 | |
David E Constine III Board Member | 0 | $0 | |
William H Schwarzschild III Board Member | 0 | $0 | |
Larry D Jackson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,850 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,515 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $264,202 |
| Capital Gain Net Income | $264,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $309,567 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,851 |
| Contributions, gifts, grants paid | $131,917 |
| Total expenses and disbursements | $143,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,597 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,161,502 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,179,099 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hebrew Fund For The Aged Of Richmond Virginia has awarded $131,917 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: CONTRIBUTIONS TO QUALIFIED CHARITY TO ASSIST NEEDY INDIVIDUALS IN RICHMOND, VA JEWISH COMMUNITY. | $66,822 |
CONGREGATION BETH AHABAH PURPOSE: CONTRIBUTIONS TO QUALIFIED CHARITY TO ASSIST NEEDY INDIVIDUALS IN RICHMOND, VA JEWISH COMMUNITY. | $65,095 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Geronotolgical Society Of America Washington, DC | $15,041,041 | $7,660,026 |
National Academy Of Elder Law Attorneys Inc Vienna, VA | $4,334,042 | $2,917,992 |
Hebrew Fund For The Aged Of Richmond Virginia Henrico, VA | $2,179,099 | $309,567 |
Rhea-Richland Senior Neighbors Inc Dayton, TN | $39,796 | $0 |
Tennessee Federation For The Aging Inc Mt Pleasant, TN | $130,216 | $0 |
North Carolina Association On Aging Raleigh, NC | $22,129 | $0 |