Nonprofit · EIN 22-3408267
ISRAEL SPORTS EXCHANGE INC
Tax-exempt · PARSIPPANY, NJ 07054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $127,076 | $21,411 | $105,665 | $2,914,861 | $0 | $2,914,861 |
| December 31, 2023 | 990 | $259,248 | $95,258 | $163,990 | $2,701,823 | $0 | $2,701,823 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,132
- Program service revenue
- $0
- Investment income
- $123,444
- Net gain from sales of assets
- -$1,728
- Net income from fundraising events
- -$2,500
- Other revenue
- -$2,500
Expenses
- Grants and similar amounts paid
- $13,399
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $1,000
- Program services (functional)
- $19,399
- Management and general (functional)
- $2,012
Balance sheet and other
- Total assets, start of year
- $2,701,823
- Total assets, end of year
- $2,914,861
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,914,861
- Publicly traded securities
- $1,831,248
- Net assets without donor restrictions
- $2,914,861
- Gross receipts
- $1,043,536
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- State of legal domicile
- NJ
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARNOLD BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| DOUGLAS BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| MICHAEL BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| MARVIN EISENSTEIN | DIRECTOR Trustee or director | 0.2 | $0 |
| ERICA FISHMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| CRAIG FISHMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| PETER GOLDMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| ALLISON HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| MICHAEL HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| LAWRENCE HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| HAROLD SCHECHTER | DIRECTOR Trustee or director | 0.2 | $0 |
| SYLVIA VOGELMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| RAY VANARIA | TREASURER Trustee or director, Officer | 0.2 | $0 |
| SONIA SEIDMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELAD HIGGER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE SEIDMAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARNOLD BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| DOUGLAS BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| MICHAEL BASKIES | DIRECTOR Trustee or director | 0.2 | $0 |
| MARVIN EISENSTEIN | DIRECTOR Trustee or director | 0.2 | $0 |
| ERICA FISHMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| CRAIG FISHMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| PETER GOLDMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| ALLISON HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| MICHAEL HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| LAWRENCE HAMMER | DIRECTOR Trustee or director | 0.2 | $0 |
| HAROLD SCHECHTER | DIRECTOR Trustee or director | 0.2 | $0 |
| SYLVIA VOGELMAN | DIRECTOR Trustee or director | 0.2 | $0 |
| RAY VANARIA | TREASURER Trustee or director, Officer | 0.2 | $0 |
| SONIA SEIDMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| ELAD HIGGER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| LAWRENCE SEIDMAN | PRESIDENT Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 900 LANIDEX PLZ STE 230, PARSIPPANY, NJ 07054-2707
- In care of
- % LARRY SEIDMAN
- Principal officer (990 for 2024)
- LARRY SEIDMAN, 900 LANIDEX PLAZA 230, PARSIPPANY, NJ 07054
- Signed the 990
- LARRY SEIDMAN, PRESIDENT
- Phone
- (973) 952-0405
- Website
- WWW.ISRAELSCE.ORG
- Return prepared by
- MALESARDI QUACKENBUSH SWIFT & CO LLC
Mission
TO ARRANGE FOR THE PARTICIPATION OF U.S. JEWISH ATHLETES TO TRAVEL TO ISRAEL TO TRAIN, TOUR, AND LIVE WITH ISRAELI FAMILIES, AND TO BRING ISRAELI YOUTHS TO THE U.S. TO TOUR AND LIVE WITH THE FAMILIES OF PARTICIPANTS WHO WENT TO ISRAEL AND WITH OTHER FAMILIES WITH KIDS THE SAME AGE AS THE ISRAELI KIDS. THE PROGRAM IS FOR BOYS AND GIRLS AGES 16-18.
Program accomplishments
- ISRAEL SPORTS & CULTURE EXCHANGE HAS A PROGRAM TO ARRANGE FOR U.S. HIGH SCHOOL AGE CHILDREN TO TRAVEL TO ISRAEL, STAY WITH ISRAELI FAMILIES, TRAIN AT ISRAELI CENTERS, ATTEND PROGRAMS, AND TOUR ISRAEL.Expenses $6,000
- SPONSORED SEVERAL ISRAELI ATHLETES IN THE UNITED STATES.Expenses $13,399 · grants $13,399
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3408267
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O20)
- Assets (IRS master file)
- $2,914,861
- Income (IRS master file)
- $1,043,536
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $127,076 | $21,411 | $2,914,861 | XML |
| 990 | December 2023 | $259,248 | $95,258 | $2,701,823 | XML |
| 990 | December 2022 | $137,501 | $108,645 | $2,558,699 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 22-3408267).
Questions about ISRAEL SPORTS EXCHANGE INC
- What is the EIN of ISRAEL SPORTS EXCHANGE INC?
- The employer identification number (EIN) of ISRAEL SPORTS EXCHANGE INC is 22-3408267.
- Is ISRAEL SPORTS EXCHANGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to ISRAEL SPORTS EXCHANGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ISRAEL SPORTS EXCHANGE 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 ISRAEL SPORTS EXCHANGE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISRAEL SPORTS EXCHANGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ISRAEL SPORTS EXCHANGE INC?
- The 990 for the year ended December 31, 2024 names LARRY SEIDMAN.
- Who are the officers and directors of ISRAEL SPORTS EXCHANGE INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does ISRAEL SPORTS EXCHANGE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $127,076, expenses of $21,411 and total assets of $2,914,861 at year end.
Other nonprofits in PARSIPPANY
- POLICE ATHLETIC LEAGUE OF PARSIPPANY TROY HILLS EIN 22-6073233 · last filed 990 for 2024
- PARSIPPANY HILLS HOCKEY ASSOCIATION EIN 86-1148233 · last filed 990-N for 2025
- OMETHICS A NJ NONPROFIT CORPORATION EIN 93-4005483 · last filed 990-N for 2024
- PAULIE & PALS EIN 47-3140775 · last filed 990-N for 2025
- DELTA DENTAL PLAN OF NEW JERSEY EIN 22-1896118 · last filed 990 for 2024
- TEVA CARES FOUNDATION EIN 26-3977456 · last filed 990-PF for 2025
- IBEW LOCAL 102 WELFARE FUND EIN 22-6487222 · last filed 990 for 2024
- HESS FOUNDATION INC EIN 22-1713046 · last filed 990-PF for 2024
All nonprofits in PARSIPPANY · New Jersey · Youth development