Associated Talmud Torahs Of Chicago Endowment Foundation
- Assets
- $5.0m
- Revenue
- $382.0k
- Investments
- $5.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 06/2022
- EIN
- 84-3451334
Organization Overview
Associated Talmud Torahs Of Chicago Endowment Foundation is located in Chicago, IL. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Talmud Torahs Of Chicago Endowment Foundation 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 06/2022, Associated Talmud Torahs Of Chicago Endowment Foundation generated $382.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (57.5%) each year. All expenses for the organization totaled $161.7k during the year ending 06/2022. 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
THE FOUNDATION WAS ESTABLISHED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF ASSOCIATED TALMUD TORAHS OF CHICAGO, A NOT-FOR-PROFIT ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS ARE TO BE MADE FOR THE BENEFIT OF THE ASSOCIATED TALMUD TORAHS OF CHICAGO (ATT).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aron Routman Vice President | OfficerTrustee | 0.3 | $0 |
Stanford Gertz Treasurer | OfficerTrustee | 0.3 | $0 |
Stephen Landes President | OfficerTrustee | 1 | $0 |
David Porush Secretary | OfficerTrustee | 0.3 | $0 |
David S Rosen Assistant Secretary | Officer | 0.3 | $0 |
James Pinkston Assistant Treasurer | Officer | 0.3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $375,541 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $382,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $124,000 |
| 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. | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $37,718 |
| Total functional expenses | $161,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,008,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,008,757 |
| 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 | $274,887 |
| Net assets with donor restrictions | $4,733,870 |
| 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 | $5,008,757 |
Endowment Analysis
| Beg. Balance | $5,610,997 |
| Earnings | -$440,522 |
| Admin Expense | $37,718 |
| Grants | $124,000 |
| Ending Balance | $5,008,757 |
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|---|---|---|
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National Association Of Parliamentarians Public Education Independence, MO | $1,853,095 | $1,121,162 |
Chicago Development Fund Chicago, IL | $6,133,057 | $871,107 |
Kentucky County Judge Executive Association Frankfort, KY | $1,028,258 | $467,457 |
Odon Thrift Store Odon, IN | $367,272 | $293,468 |
National Conference Of State Liquor Administrators Gurnee, IL | $1,091,903 | $401,629 |
Associated Talmud Torahs Of Chicago Endowment Foundation Chicago, IL | $5,008,757 | $382,010 |
City Of New Haven Indiana Municipal Building Corporation New Haven, IN | $2,175,913 | $313,003 |
620 Foundation Cedar Rapids, IA | $5,850 | $0 |
Quincy And Bessie Robinson Trust 97312280 Milwaukee, WI | $920,980 | $176,385 |