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Nonprofit · EIN 58-0231691

CHESED INC

Tax-exempt · ATLANTA, GA 30327

Financials

$1.7M$2.6M2023$1.6M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of CHESED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,570,239$2,060,077-$489,838$12,765,638$264$12,765,374
December 31, 2023990-PF$1,659,292$2,605,891-$946,599$13,551,832$264$13,551,568
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$110
Dividends
$263,836
Interest
$108,951
Net gain from sales of assets
$1,196,664
Other income
$678

Expenses

Grants and similar amounts paid
$1,859,329
Compensation of officers, directors and key employees
$18,000
Disbursements for charitable purposes
$1,883,042
Excise tax on investment income
$45,386

Balance sheet and other

Total assets, start of year
$13,551,832
Total assets, end of year
$12,765,638
Total liabilities, end of year
$264
Net assets, end of year
$12,765,374
Fair market value of assets
$12,765,638
Qualifying distributions
$1,883,042
Net investment income
$3,346,819

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FREDERICK R MARCUS
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR & PRESIDENT5$9,000
NANCY DUBOIS MARCUS
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR5$9,000
DOUGLAS DINAPOLI
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR & TREASURER1$0
FREDERICK SLAGLE
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR1$0
SARA OGNIBENE LOFT
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR & SECRETARY5$0
EFRAIM DAVIDSON
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR5$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
FREDERICK R MARCUS
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
PRESIDENT5$9,000
NANCY DUBOIS MARCUS
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR5$9,000
DOUGLAS DINAPOLI
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
TREASURER1$0
FREDERICK SLAGLE
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR1$0
SARA OGNIBENE LOFT
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR & SECRETARY5$0
EFRAIM DAVIDSON
1266 W PACES FERRY ROAD 615, ATLANTA, GA 30327
DIRECTOR5$0

Address and contacts

Address (IRS master file)
1266 WEST PACES FERRY RD STE 615, ATLANTA, GA 30327-2306
In care of
% DOUG DINAPOLI
Signed the 990-PF
DOUGLAS P DINAPOLI, CFO
Phone
(404) 240-7700
Return prepared by
MSTILLER LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
58-0231691
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,765,638
Income (IRS master file)
$6,702,318

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,570,239$2,060,077$12,765,638IRS
990-PFDecember 2023$1,659,292$2,605,891$13,551,832XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 58-0231691).

Questions about CHESED INC

What is the EIN of CHESED INC?
The employer identification number (EIN) of CHESED INC is 58-0231691.
Is CHESED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to CHESED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHESED INC file?
Form 990-PF. Private foundations file every year.
When is the next return of CHESED 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 CHESED INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of CHESED INC?
The 990-PF for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $9,000 (FREDERICK R MARCUS, DIRECTOR & PRESIDENT).
How much revenue does CHESED INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,570,239, expenses of $2,060,077 and total assets of $12,765,638 at year end.

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