Nonprofit · EIN 27-3994158
TOV VCHESED FOUNDATION INC
Also known as DBA SHAAREI RACHAMIM
Tax-exempt · SPRING VALLEY, NY 10977
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,917,029 | $15,807,551 | -$1,890,522 | $209,597 | $5,133,330 | -$4,923,733 |
| December 31, 2023 | 990 (amended) | $14,028,105 | $14,134,282 | -$106,177 | $244,882 | $3,278,093 | -$3,033,211 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,917,029
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $14,099,880
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $291,073
- Salaries, compensation and benefits (total)
- $312,346
- Professional fundraising fees
- $0
- Legal fees
- $1,100
- Accounting fees
- $300
- Travel
- $354,813
- Depreciation
- $218
- Program services (functional)
- $14,260,480
- Management and general (functional)
- $466,474
- Fundraising (functional)
- $1,080,597
Balance sheet and other
- Total assets, start of year
- $244,882
- Total assets, end of year
- $209,597
- Total liabilities, end of year
- $5,133,330
- Net assets, end of year
- -$4,923,733
- Net assets without donor restrictions
- -$4,923,733
- Gross receipts
- $13,917,029
- Employees
- 11
- Volunteers
- 4
- Year formed
- 2011
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMROM WEISZ | President Officer | 1 | $0 |
| MEYER JACOBOWITZ | Vice President Officer | 1 | $0 |
| ABRAHAM PASKESZ | Treasurer Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMROM WEISZ | President Officer | 1 | $0 |
| MEYER JACOBOWITZ | Vice President Officer | 1 | $0 |
| ABRAHAM PASKESZ | Treasurer Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15 HOWARD DR, SPRING VALLEY, NY 10977-3843
- Principal officer (990 for 2024)
- MEYER JACOBOWITZ, PO BOX 855, MONSEY, NY 10952
- Signed the 990
- MEYER JACOBOWITZ, Vice President
- Phone
- (845) 517-0656
- Website
- www.tovvchesed.com
- Return prepared by
- Bernath & Rosenberg PC
Mission
TO SUPPORT CHARITABLE ORGANIZATIONS THAT PROVIDE FINANCIAL ASSISTANCE TO INDIGENT INDIVIDUALS.
Program accomplishments
- TO SUPPORT CHARITABLE ORGANIZATIONS THAT PROVIDE FINANCIAL ASSISTANCE TO INDIGENT INDIVIDUALS.Expenses $14,260,480 · grants $14,099,880
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
- 27-3994158
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q33)
- Assets (IRS master file)
- $209,597
- Income (IRS master file)
- $13,917,029
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,917,029 | $15,807,551 | $209,597 | XML |
| 990 | December 2023 | $14,028,105 | $14,134,282 | $244,882 | IRS |
| 990 | December 2022 | $14,311,647 | $14,316,903 | $490,112 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 27-3994158).
Questions about TOV VCHESED FOUNDATION INC
- What is the EIN of TOV VCHESED FOUNDATION INC?
- The employer identification number (EIN) of TOV VCHESED FOUNDATION INC is 27-3994158.
- Is TOV VCHESED FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to TOV VCHESED FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TOV VCHESED FOUNDATION 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 TOV VCHESED FOUNDATION 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 TOV VCHESED FOUNDATION 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 TOV VCHESED FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MEYER JACOBOWITZ.
- Who are the officers and directors of TOV VCHESED FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does TOV VCHESED FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,917,029, expenses of $15,807,551 and total assets of $209,597 at year end.
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