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Nonprofit · EIN 11-2642641

PESACH TIKVAH-HOPE DEVELOPMENT INC

Tax-exempt · BROOKLYN, NY 11205

Financials

$20.6M$21.3M2022$30M$26.6M2023$47.2M$35.4M2024
Revenue Expenses · by fiscal year end
Financials of PESACH TIKVAH-HOPE DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$47,229,725$35,355,011$11,874,714$32,106,040$13,206,556$18,899,484
June 30, 2024990$29,970,967$26,556,516$3,414,451$20,104,856$13,080,086$7,024,770
June 30, 2023990$20,559,561$21,250,659-$691,098$17,198,099$13,587,780$3,610,319
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,851,068
of which government grants
$3,129,970
Program service revenue
$40,725,583
Investment income
$2,588,870
Net gain from sales of assets
$2,238,667
Other revenue
$64,204

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,570,804
Other salaries and wages
$24,963,474
Salaries, compensation and benefits (total)
$28,927,308
Professional fundraising fees
$0
Legal fees
$25,487
Accounting fees
$83,461
Occupancy
$922,634
Travel
$43,055
Depreciation
$88,012
Program services (functional)
$31,546,324
Management and general (functional)
$3,651,843
Fundraising (functional)
$156,844

Balance sheet and other

Total assets, start of year
$20,104,856
Total assets, end of year
$32,106,040
Total liabilities, end of year
$13,206,556
Net assets, end of year
$18,899,484
Land, buildings and equipment
$1,447,266
Net assets without donor restrictions
$18,899,484
Gross receipts
$48,191,058
Employees
895
Volunteers
6
Year formed
1983
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BRUCHY ENDZWEIGPROGRAM DIRECTOR
Key employee
36$399,650$0
YERACHMIEL STERNCEO (AS OF 4/24)
Officer
36$324,297$52,744
EKATHERINA M OSMANPSYCHIATRIST
Highest-paid employee
36$293,536$0
DAVID BINYAMINOVNURSE PRACTITIONER
Highest-paid employee
36$292,970$0
STEVEN ROSENBERGCFO
Officer
36$243,501$1,756
LEA SCHARFPROGRAM DIRECTOR
Highest-paid employee
36$225,788$0
AVRUM GRUNWALDSCHOOL COORDINATOR
Highest-paid employee
36$221,846$0
SARA NEWMANMENTAL HEALTH COUNSELOR
Highest-paid employee
36$213,620$0
ESTHER DEUTSCHPROGRAM DIRECTOR
Key employee
36$177,176$2,225
ZACHARY L TEPERHUMAN RESOURCES
Key employee
36$173,439$5,162
GITTY KAHNPROGRAM DIRECTOR
Key employee
36$158,122$0
ETHAN KAHNCEO (UNTIL 3/24) FORMER OFFICER
Former
36$139,990$17,562
DAVID NIEDERMANCHAIRMAN/ TREASURER
Trustee or director, Officer
1$0$0
RABBI ARON S JACOBOWITZBOARD MEMBER/ VICE PRESIDENT
Trustee or director, Officer
1$0$0
ZEVI STEINMETZBOARD MEMBER/ SECRETARY
Trustee or director, Officer
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
RABBI NAFTULI WEISSBOARD MEMBER
Trustee or director
1$0
AVIGDER MENDELOWITZBOARD MEMBER
Trustee or director
1$0
YOEL ROSENFELDBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
ETHAN KAHNCEO (UNTIL 3/24)
Officer
36$353,602$21,924
YERACHMIEL STERNCEO (AS OF 4/24)
Officer
36$245,364$19,487
BRUCHY ENDZWEIGPROGRAM DIRECTOR
Key employee
36$253,243$0
EKATHERINA M OSMANPSYCHIATRIST
Highest-paid employee
36$220,336$0
STEVEN ROSENBERGCFO
Officer
36$214,362$1,545
HENDL ROTHPROGRAM DIRECTOR
Highest-paid employee
36$200,577$0
GITTY KAHNPROGRAM DIRECTOR
Key employee
36$192,484$0
SARA NEWMANMENTAL HEALTH COUNSELOR
Highest-paid employee
36$186,985$0
DAVID BINYAMINOVNURSE PRACTITIONER
Highest-paid employee
36$185,407$0
LEA SCHARFPROGRAM DIRECTOR
Highest-paid employee
36$171,634$0
JACOB LICHTMANDIRECTOR OF ANCILLARY MENTAL HEALTH
Key employee
36$168,176$0
AARON Z HERBSTMANPROGRAM DIRECTOR
Key employee
36$154,480$0
DAVID NIEDERMANCHAIRMAN/ TREASURER
Trustee or director, Officer
1$0$0
RABBI ARON S JACOBOWITZBOARD MEMBER/ VICE PRESIDENT
Trustee or director
1$0$0
ZEVI STEINMETZBOARD MEMBER/ SECRETARY
Trustee or director
1$0$0
RABBI NAFTULI WEISSBOARD MEMBER
Trustee or director
1$0$0
AVIGDER MENDELOWITZBOARD MEMBER
Trustee or director
1$0$0
YOEL ROSENFELDBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
DR IRWIN SHINDLERCEO (THROUGH SEPTEMBER 2022)
Officer
36$755,227$279
CHANANYA RAITZIKCOO
Officer
36$266,894$1,815
EFRAIM M SCHACHTERLCSW
Highest-paid employee
36$234,402$0
ARTHUR HEIMOWITZCOMPLIANCE DIRECTOR
Key employee
36$222,038$6,968
YERACHMIEL STERNPROGRAM DIRECTOR
Key employee
36$186,943$16,958
LEA SCHARFLCSW
Highest-paid employee
36$192,650$0
RACHEL MICHAELSPSYCHIATRIST
Highest-paid employee
36$165,018$22,646
STEVEN ROSENBERGCFO
Officer
36$180,204$1,410
EDDIE SIMCHAPROGRAM DIRECTOR
Key employee
36$170,531$0
SARA NEWMANMENTAL HEALTH COUNSELOR
Highest-paid employee
36$154,052$0
JACOB LICHTMANDIRECTOR OF ANCILLARY MENTAL HEALTH SERVICES
Highest-paid employee
36$151,855$0
DAVID NIEDERMANCHAIRMAN/ TREASURER
Trustee or director, Officer
1$0$0
RABBI ARON S JACOBOWITZBOARD MEMBER/ VICE PRESIDENT
Trustee or director
1$0$0
ZEVI STEINMETZBOARD MEMBER/ SECRETARY
Trustee or director
1$0$0
RABBI NAFTULI WEISSBOARD MEMBER
Trustee or director
1$0$0
AVIGDER MENDELOWITZBOARD MEMBER
Trustee or director
1$0$0
YOEL ROSENFELDBOARD MEMBER
Trustee or director
1$0$0
ETHAN KAHNCEO (AS OF FEBRUARY 2023)
Officer
36$0$0

Address and contacts

Address (IRS master file)
365 WILLOUGHBY AVE STE 400, BROOKLYN, NY 11205-5192
In care of
% ZACK TEPER
Principal officer (990 for 2024)
YERACHMIEL STERN, 365 WILLOUGHBY AVE SUITE 400, BROOKLYN, NY 11205
Signed the 990
YERACHMIEL STERN, CEO
Phone
(718) 875-6900
Return prepared by
BONADIO & CO LLP

Mission

PESACH TIKVAH HOPE DEVELOPMENT, INC. (THE ORGANIZATION) WAS INCORPORATED IN 1983 IN THE STATE OF NEW YORK FOR THE PURPOSE OF PROVIDING SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND PERSONS WITH MENTAL ILLNESS.

990 for the year ended June 30, 2025

Program accomplishments

  • CLINICS - PESACH TIKVAH, WITH THE ENCOURAGEMENT AND SUPPORT OF THE NYS OFFICE OF MENTAL HEALTH, HAS ESTABLISHED SATELLITE CLINICS IN LOCAL PRIVATE SCHOOLS. THESE SATELLITES HAVE ENABLED STUDENTS TO RECEIVE THE HIGH-QUALITY SERVICES AVAILABLE AT OUR FLAGSHIP CLINIC IN WILLIAMSBURG, WITHOUT HAVING TO LEAVE THE SCHOOL BUILDING. THIS IS PARTICULARLY BENEFICIAL TO THE STUDENTS WHOSE LONG DAY OF STUDIES OFTEN LEAVE THEM WITH LITTLE TIME TO ATTEND THERAPY SESSIONS. ADDITIONALLY, IT PRECLUDES THE NECESSITY OF PARENTS HAVING TO BRING THEIR CHILDREN TO WEEKLY APPOINTMENTS. THE PESACH TIKVAH FAMILY SERVICES CENTER, AN OUTPATIENT CLINIC, OFFERS A FULL RANGE OF MENTAL HEALTH SERVICES, INCLUDING ASSESSMENT, DIAGNOSIS, PSYCHOTHERAPY, PSYCHIATRIC SERVICES AND MEDICATION THERAPY. THE CLINIC SERVICES A BROAD RANGE OF INDIVIDUALS. OUR LICENSED THERAPISTS ARE TRAINED TO HELP PEOPLE DEAL WITH MARITAL STRIFE, AS WELL AS HELPING CHILDREN WITH BEHAVIORAL ISSUES. OUR STAFF ARE ALSO WELL TRAINED TO TREAT MORE ACUTE PROBLEMS SUCH AS DEPRESSION, ANXIETY, OCD, PHOBIAS AND EATING DISORDERS. MANY OF OUR THERAPISTS ARE MULTI-LINGUAL, AND ALL KEEP UP TO DATE WITH NEW RESEARCH, DIFFERENT MODALITIES OF TREATMENT, AND IMPROVED METHODS. BY PROVIDING SUPERIOR SERVICES AND COUNSELING, PESACH TIKVAH HELPS PEOPLE FUNCTION BETTER IN SOCIAL, PROFESSIONAL, AND ACADEMIC SETTINGS.
    Expenses $12,536,386 · revenue $11,412,271
  • CFTSS - PESACH TIKVAH'S CHILDREN AND FAMILY TREATMENT AND SUPPORT SERVICES (CFTSS) ARE A UNIQUE SUITE OF REHABILITATIVE SERVICES AVAILABLE TO CHILDREN AND ADOLESCENTS. MENTORS USE COLLABORATIVE APPROACHES TO HELP CHILDREN ACQUIRE AND IMPROVE SOCIAL, EMOTIONAL, BEHAVIORAL AND EXPRESSIVE SKILLS. THE SERVICES ARE PROVIDED OUTSIDE OF AN OFFICE SETTING IN EACH INDIVIDUAL'S PLACE OF COMFORT SUCH AS THEIR HOME OR SCHOOL. IN FY 2025 WE SERVICED OVER 1,590 CHILDREN IN THIS PROGRAM.
    Expenses $10,865,629 · revenue $21,175,063
  • HEALTH HOME CARE MANAGEMENT PROVIDES CARE PLANS AND CONNECTS INDIVIDUALS WITH LONG-TERM SERVICES WITHIN THEIR COMMUNITY.
    Expenses $2,029,136 · revenue $3,744,696
  • INTERMEDIATE CARE FACILITIES PROVIDE SERVICES FOR 14 ADULT CONSUMERS WITH MILD TO PROFOUND DEVELOPMENTAL DISABILITIES IN A WARM AND PERSONALIZED RESIDENTIAL SETTING.COMMUNITY HABILITATION PROVIDES SUPPORTS THAT ARE INTENDED TO INCREASE THE PERSON'S INDEPENDENT LIVING SKILLS WITHIN THE FAMILY HOME, AS WELL AS INCREASE THEIR CAPACITY TO FUNCTION AS A MEMBER OF THEIR COMMUNITY.THE COMMUNITY HABILITATION SERVICES HELP RETAIN AND IMPROVE SELF-HELP SKILLS RELATED TO ACTIVITIES OF DAILY LIVING IN AN INCLUSIVE ENVIRONMENT OF SAFETY AND INDEPENDENCE.RESPITE WHICH SERVICED OVER 10 INDIVIDUALS WITH SPECIAL NEEDS, HAS PROGRAMS DESIGNED TO KEEP CHILDREN STIMULATED WHILE GIVING PARENTS A MUCH NEEDED BREAK.ADULT HOME & COMMUNITY BASED SERVICES (HCBS) PROVIDES PSYCHOSOCIAL REHABILITATION, COMMUNITY PSYCHIATRIC SUPPORT AND TREATMENT, FAMILY SUPPORT AND TRAINING, EMPLOYMENT SUPPORT AND PEER SUPPORT.GERIATRIC SERVICES DEALS WITH THE NEEDS OF THE ELDERLY INCLUDING HOLOCAUST SURVIVORS.
    Expenses $6,115,173 · revenue $4,393,553

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2642641
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$32,106,040
Income (IRS master file)
$48,191,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$47,229,725$35,355,011$32,106,040XML
990June 2024$29,970,967$26,556,516$20,104,856IRS
990June 2023$20,559,561$21,250,659$17,198,099XML
990June 2022$17,950,569$17,794,652$9,259,359IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2642641).

Questions about PESACH TIKVAH-HOPE DEVELOPMENT INC

What is the EIN of PESACH TIKVAH-HOPE DEVELOPMENT INC?
The employer identification number (EIN) of PESACH TIKVAH-HOPE DEVELOPMENT INC is 11-2642641.
Is PESACH TIKVAH-HOPE DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to PESACH TIKVAH-HOPE DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PESACH TIKVAH-HOPE DEVELOPMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PESACH TIKVAH-HOPE DEVELOPMENT INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PESACH TIKVAH-HOPE DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PESACH TIKVAH-HOPE DEVELOPMENT INC?
The 990 for the year ended June 30, 2025 names YERACHMIEL STERN.
Who are the officers and directors of PESACH TIKVAH-HOPE DEVELOPMENT INC?
The 990 for the year ended June 30, 2025 lists 18 people; 12 received compensation from the organization, the highest $399,650 (BRUCHY ENDZWEIG, PROGRAM DIRECTOR).
How much revenue does PESACH TIKVAH-HOPE DEVELOPMENT INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $47,229,725, expenses of $35,355,011 and total assets of $32,106,040 at year end.

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