KEREN OTZAR HACHAIM INC: Form 990EZ, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- KEREN OTZAR HACHAIM INC (EIN 27-4529652)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-17
- IRS object ID
- 202213219349200316
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-17T12:15:13-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 341993540 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JACOB LICHTER | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 HILLCREST CENTER | AddressLine1Txt |
| City | SPRING VALLEY | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10977 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274529652 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEREN OTZAR HACHAIM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KERE | BusinessNameControlTxt |
| Phone | 9176857315 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 393 EASTWOOD ROAD | AddressLine1Txt |
| City | WOODMERE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11598 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARIEL EDELSTEIN | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9176857315 | PhoneNum |
| Signature | 2022-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ARIEL | PersonFirstNm |
| Person Last | EDELSTEIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JACOB LICHTER | PreparerPersonNm |
| PTIN | P00547333 | PTIN |
| Phone | 8452909701 | PhoneNum |
| Preparation | 2022-11-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $150,513 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $150,513 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $150,513 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $556,528 | GrantsAndSimilarAmountsPaidAmt |
| Other Expenses Total | $5,178 | OtherExpensesTotalAmt |
| Total Expenses | $561,706 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$411,193 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $569,066 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $157,873 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $538,066 | BOYAmt |
| EOY | $118,873 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,000 | BOYAmt |
| EOY | $39,000 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $569,066 | BOYAmt |
| EOY | $157,873 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $569,066 | BOYAmt |
| EOY | $157,873 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | TO FURTHER RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING. TO PROVIDE INTEREST FREE LOANS TO NEEDY INDIVIDUALS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | IN 2021 THE ORGANIZATION PROVIDED RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING. IN ADDITION, THEY PROVIDED INTEREST FREE LOANS TO NEEDY INDIVIDUALS. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $556,528 | GrantsAndAllocationsAmt |
| Foreign Grants | Yes (X) | ForeignGrantsInd |
| Program Service Expenses | $556,528 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $556,528 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| ARIEL EDELSTEIN | ||
| PRESIDENT & | 2.00 | $0 |
| EVAN GERVIS | ||
| VICE PRESIDE | 0.50 | $0 |
| MARK NAKASH | ||
| SECRETARY | 1.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ARIEL EDELSTEIN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 393 EASTWOOD RD | AddressLine1Txt |
| City | WOODMERE | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11598 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9176857315 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $338,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $429,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $988,797 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $150,513 | CurrentTaxYearAmt |
| Total | $1,906,797 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $338,148 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $429,339 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $988,797 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $150,513 | CurrentTaxYearAmt |
| Total | $1,906,797 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,906,797 | PublicSupportTotal170Amt |
| Total Support | $1,906,797 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 10 | NAME: AMUTAT AVODAT HAKODESH ADDRESS: TZAHAL 7 SAFED, IS CASH CONTRIBUTION: 8,000 NAME: MATAN BESETER KIRIAT SEFER ADDRESS: 24 AVNEI NEZER MODIIN ILLIT, IS CASH CONTRIBUTION: 39,500 NAME: NOTZAR HESSED ADDRESS: SHDEROT HERZL 38 JERUSALEM, IS CASH CONTRIBUTION: 74,797 NAME: MOSDOS TORAT AHARON ADDRESS: BARTENURA 12 BNEI BRAK, IS CASH CONTRIBUTION: 10,250 NAME: CONG CHAIM VACHESED ADDRESS: 1336 EAST 9TH STREET BROOKLYN, NY 11230 CASH CONTRIBUTION: 23,800 NAME: CONG KINYAN TORAH ADDRESS: 8 FILLMORE COURT MONROE, NY 10950 CASH CONTRIBUTION: 5,400 NAME: CONGREGATION YAGDIL TORAH ADDRESS: 980 RAILROAD AVE WOODMERE, NY 11598 CASH CONTRIBUTION: 12,200 NAME: EIZER L'SHABBOS ADDRESS: 5104 16TH AVE 319 BROOKLYN, NY 11204 CASH CONTRIBUTION: 14,000 NAME: FRIENDS OF NER YITZCHAK, INC. ADDRESS: 19 WEST 34TH STREET NEW YORK, NY 10001 CASH CONTRIBUTION: 11,011 NAME: IYUN HAPARSHA ADDRESS: 5314 16TH AVE SUITE 239 BROOKLYN, NY 11204 CASH CONTRIBUTION: 17,270 NAME: KEREN ZICHRON GEDALYAHU ADDRESS: 1370 CONEY ISLAND AVE BROOKLYN, NY 11230 CASH CONTRIBUTION: 33,500 NAME: PARTNERS CHARITY FUND ADDRESS: 5014 16TH AVE 448 BROOKLYN, NY 11204 CASH CONTRIBUTION: 20,000 NAME: YESHIVA TORAS YISRAEL ADDRESS: 662 LEFFERTS AVE BROOKLYN, NY 11203 CASH CONTRIBUTION: 215,000 NAME: AMERICAN FREINDS OF SFATH EMETH YES ADDRESS: 4608 10TH AVE BROOKLYN, NY 11219 CASH CONTRIBUTION: 14,000 NAME: ZICHRON AVOT ADDRESS: 2119 79TH STREET BROOKLYN, NY 11214 CASH CONTRIBUTION: 20,000 NAME: MOSODS HATORAH VCHESED PNEI MENACHE ADDRESS: 1715 51ST STREET BROOKLYN, NY 11204 CASH CONTRIBUTION: 16,000 NAME: VARIOUS ADDRESS: 300 N MAIN STREET SPRING VALLEY, NY 10977 CASH CONTRIBUTION: 7,000 |
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ACCOUNTING/BOOKKEEPING 4,635 PAYPAL FEES 339 WIRE FEES 204 TOTAL 5,178 |
| FORM 990-EZ, PART II, LINE 24 | LOAN OUTSTANDING 31,000 39,000 TOTAL 31,000 39,000 |
| FORM 990-EZ, PART III | TO FURTHER RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING. TO PROVIDE INTEREST FREE LOANS TO NEEDY INDIVIDUALS. |
| FORM 990-EZ, PART III, LINE 28 | IN 2021 THE ORGANIZATION PROVIDED RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING. IN ADDITION, THEY PROVIDED INTEREST FREE LOANS TO NEEDY INDIVIDUALS. |