STRATEGY STUDIO / PUBLIC DATA EXPLORER

KEREN OTZAR HACHAIM INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
KEREN OTZAR HACHAIM INC (EIN 27-4529652)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202043189349304829
Schema version
2019v5.0
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

FieldValueIRS element (for citing)
Return2020-11-13T10:55:09-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341993540PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JACOB LICHTERBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 HILLCREST CENTERAddressLine1Txt
CitySPRING VALLEYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10977ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274529652EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KEREN OTZAR HACHAIM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKEREBusinessNameControlTxt
Phone9176857315PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1393 EASTWOOD ROADAddressLine1Txt
CityWOODMERECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARIEL EDELSTEINPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone9176857315PhoneNum
Signature2020-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB LICHTERPreparerPersonNm
PTINP00547333PTIN
Phone8452909701PhoneNum
Preparation2020-11-13PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address72.89.144.227IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-13IPDt
IP Tm10:55:09IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdED16DBDA586594E166BB3DEABE1D2942CFC6B535AtSubmissionCreationDeviceId
At Submission Filing Device IdCCF6BEC0CFE81CC89E39727E8AF030EC849DDE09AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerARIEL EDELSTEINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1393 EASTWOOD RDAddressLine1Txt
CityWOODMERECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$429,339GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO 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, AS WELL AS GRANTS TO OTHER ORGANIZATIONS AND INTEREST FREE LOANS TO QUALIFYING INDIVIDUALS.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$338,148PYContributionsGrantsAmt
CY Contributions Grants$429,339CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$338,148PYTotalRevenueAmt
CY Total Revenue$429,339CYTotalRevenueAmt
PY Grants And Similar Paid$373,050PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$681,034CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$5,867PYOtherExpensesAmt
CY Other Expenses$5,369CYOtherExpensesAmt
PY Total Expenses$378,917PYTotalExpensesAmt
CY Total Expenses$686,403CYTotalExpensesAmt
PY Revenues Less Expenses-$40,769PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$257,064CYRevenuesLessExpensesAmt
Total Assets BOY$407,112TotalAssetsBOYAmt
Total Assets EOY$150,048TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$407,112NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$150,048NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$681,034ExpenseAmt
Grant$681,034GrantAmt
DescIN 2019 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.Desc
Total Program Service Expenses$681,034TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonARIEL EDELSTEINPersonNm
Phone9176857315PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1393 EASTWOOD RDAddressLine1Txt
CityWOODMERECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11598ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ARIEL EDELSTEIN
PRESIDENT &2.00Yes (X)Yes (X)$0$0$0
EVAN GERVIS
VICE PRESIDE0.50Yes (X)Yes (X)$0$0$0
MARK NAKASH
SECRETARY1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$429,339AllOtherContributionsAmt
Total Contributions$429,339TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$429,339TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$628,199TotalAmt
Program Services$628,199ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$52,835TotalAmt
Program Services$52,835ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
ACCOUNTING/BOOKKEEPING$4,605$4,605
WIRE FEES$474$474
PAYPAL FEES$290$290

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$686,403TotalAmt
Program Services$681,034ProgramServicesAmt
Management And General$5,369ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$284,762BOYAmt
EOY$52,698EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$122,350BOYAmt
EOY$97,350EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$407,112BOYAmt
EOY$150,048EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$407,112BOYAmt
EOY$150,048EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$407,112BOYAmt
EOY$150,048EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$407,112BOYAmt
EOY$150,048EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$257,064ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$338,148CurrentTaxYearMinus1YearAmt
Current Tax Year$429,339CurrentTaxYearAmt
Total$767,487TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$338,148CurrentTaxYearMinus1YearAmt
Current Tax Year$429,339CurrentTaxYearAmt
Total$767,487TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$767,487PublicSupportTotal170Amt
Total Support$767,487TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
ISRAELCHARITABLE$10,000CHECK
ISRAELCHARITABLE$21,835
ISREALCHARITABLE$21,000
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
EIZER L'SHABBOS
5104 16TH AVEBROOKLYNNY11204$9,000CHARITABLE
KEREN ZICHRON GEDALYAHU
1370 CONEY ISLAND AVEBROOKLYNNY11230$40,300CHARITABLE
FRIENDS OF NER YITZCHAK INC
19 WEST 34TH STREETNEW YORKNY10001$8,000CHARITABLE
YESHIVA TORAS YISRAEL YEVORCH
662 LEFFERTS AVENUEBROOKLYNNY11203$212,000CHARITABLE
CONGREGATION YAGDIL TORAH
980 RAILROAD AVEWOODMERENY11598$282,000CHARITABLE
VARIOUS
$13,800CHARITABLE
MESIVTA SHAARE CHAIM
716 BEACH 9TH STREETFAR ROCKAWAYNY11691$25,000CHARITABLE
CONG KINYAN TORAH
8 FILLMORE COURTMONROENY10950$10,000CHARITABLE
AMERICAN FRIENDS OF MEIR YISA BRACH
5014 16TH AVEBROOKLYNNY11204$6,000CHARITABLE
INYUN HAPARSHA
5314 16TH AVEBROOKLYNNY11204$22,099CHARITABLE

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTO 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, PAGE 6, PART VI, LINE 11BTHE GOVERNING BODY REVIEWS THE FORMS AND VERIFIES THE DATA ON THE FORM.
FORM 990, PAGE 6, PART VI, LINE 12CALL DIRECTORS, OFFICERS, AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENT IAL CONFLICTS OF INTEREST. FAILURE TO DISCLOSE A POTENTIAL CONFLICT OF INT EREST OR ENGAGING IN A PRACTICE DETERMINED TO BE A CONFLICT OF INTEREST MA Y RESULT IN DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC