Nonprofit · EIN 65-0494823
TORAS EMES DEVELOPMENT COMPANY INC
Tax-exempt · N MIAMI BEACH, FL 33162
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $82,217 | -$82,217 | $2,055,024 | $68,764 | $1,986,260 |
| June 30, 2024 | 990 | $0 | $82,217 | -$82,217 | $2,137,241 | $68,764 | $2,068,477 |
| June 30, 2023 | 990 | $0 | $82,218 | -$82,218 | $2,219,458 | $68,764 | $2,150,694 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $82,217
- Program services (functional)
- $82,217
Balance sheet and other
- Total assets, start of year
- $2,137,241
- Total assets, end of year
- $2,055,024
- Total liabilities, end of year
- $68,764
- Net assets, end of year
- $1,986,260
- Land, buildings and equipment
- $2,053,292
- Net assets without donor restrictions
- $1,986,260
- Gross receipts
- $0
- Employees
- 0
- Year formed
- 1994
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RABBI MORDECHAI PALGON | TRUSTEE Trustee or director | 1 | $0 | $85,507 | $104,009 |
| RABBI BINYOMIN LUBAN | TRUSTEE Trustee or director | 1 | $0 | $121,814 | $64,850 |
| RABBI YISROEL NIMAN | PRESIDENT Officer | 1 | $0 | $93,294 | $78,788 |
| ALLAN JACOB | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RABBI MOSHE LEHRFELD | TRUSTEE Trustee or director | – | $0 | $0 | $0 |
| TUVIA PEPPARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RABBI YISROEL NIMAN | PRESIDENT Officer | 1 | $0 | $88,175 | $71,645 |
| RABBI MORDECHAI PALGON | TRUSTEE Trustee or director | 1 | $0 | $80,964 | $77,490 |
| RABBI BINYOMIN LUBAN | TRUSTEE Trustee or director | 1 | $0 | $105,276 | $52,697 |
| ALLAN JACOB | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RABBI MOSHE LEHRFELD | TRUSTEE Trustee or director | – | $0 | $0 | $0 |
| TUVIA PEPPARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RABBI YISROEL NIMAN | PRESIDENT Officer | 1 | $0 | $105,045 | $64,000 |
| RABBI MORDECHAI PALGON | TRUSTEE Trustee or director | 1 | $0 | $97,245 | $66,080 |
| RABBI BINYOMIN LUBAN | TRUSTEE Trustee or director | 1 | $0 | $97,916 | $41,960 |
| ALLAN JACOB | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RABBI MOSHE LEHRFELD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TUVIA PEPPARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1051 N MIAMI BEACH BLVD, N MIAMI BEACH, FL 33162-3842
- Principal officer (990 for 2024)
- RABBI YISROEL NIMAN, 4595 NAUTILUS CT, MIAMI BEACH, FL 33140
- Signed the 990
- RABBI YISROEL NIMAN, PRESIDENT
- Phone
- (305) 944-5344
- Return prepared by
- WASSER BRETTLER KLAR & LIPSTEIN LLP
Mission
TO SUPPORT SPECIFIC SCHOOLS BY PURCHASING AND /OR CONSTRUCTING FACILITIES FOR USE BY THESE SUPPORTED ORGANIZATIONS (SCHOOLS), AND PAY MORTGAGE COSTS
Program accomplishments
- SUPPORTED SCHOOL BUILDING COSTSExpenses $82,217
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 65-0494823
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1996
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90I)
- Assets (IRS master file)
- $2,055,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $82,217 | $2,055,024 | IRS |
| 990 | June 2024 | $0 | $82,217 | $2,137,241 | IRS |
| 990 | June 2023 | $0 | $82,218 | $2,219,458 | XML |
| 990 | June 2022 | $37,148 | $85,990 | $2,301,676 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 65-0494823).
Questions about TORAS EMES DEVELOPMENT COMPANY INC
- What is the EIN of TORAS EMES DEVELOPMENT COMPANY INC?
- The employer identification number (EIN) of TORAS EMES DEVELOPMENT COMPANY INC is 65-0494823.
- Is TORAS EMES DEVELOPMENT COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to TORAS EMES DEVELOPMENT COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does TORAS EMES DEVELOPMENT COMPANY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of TORAS EMES DEVELOPMENT COMPANY 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 TORAS EMES DEVELOPMENT COMPANY 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 TORAS EMES DEVELOPMENT COMPANY INC?
- The 990 for the year ended June 30, 2025 names RABBI YISROEL NIMAN.
- Who are the officers and directors of TORAS EMES DEVELOPMENT COMPANY INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does TORAS EMES DEVELOPMENT COMPANY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $82,217 and total assets of $2,055,024 at year end.
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