STRATEGY STUDIO / PUBLIC DATA EXPLORER

KEREN OTZAR HACHAIM INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
KEREN OTZAR HACHAIM INC (EIN 27-4529652)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349302280
Schema version
2024v5.0
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)
Return2025-11-17T09:36:53-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JACOB LICHTERBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1317 S LITTLE TOR RDAddressLine1Txt
CityNEW CITYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10956ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJACOB LICHTERPreparerPersonNm
PTINP00547333PTIN
Phone8452909701PhoneNum
Preparation2025-11-13PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$508,733GrossReceiptsAmt
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$691,908PYContributionsGrantsAmt
CY Contributions Grants$508,733CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$691,908PYTotalRevenueAmt
CY Total Revenue$508,733CYTotalRevenueAmt
PY Grants And Similar Paid$690,552PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$670,625CYGrantsAndSimilarPaidAmt
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$5,974PYOtherExpensesAmt
CY Other Expenses$1,181CYOtherExpensesAmt
PY Total Expenses$696,526PYTotalExpensesAmt
CY Total Expenses$671,806CYTotalExpensesAmt
PY Revenues Less Expenses-$4,618PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$163,073CYRevenuesLessExpensesAmt
Total Assets BOY$276,673TotalAssetsBOYAmt
Total Assets EOY$113,600TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$276,673NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$113,600NetAssetsOrFundBalancesEOYAmt
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$670,625ExpenseAmt
Grant$670,625GrantAmt
DescIN 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.Desc
Total Program Service Expenses$670,625TotalProgramServiceExpensesAmt
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)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ARIEL EDELSTEIN
PRESIDENT &Yes (X)Yes (X)$0$0$0
EVAN GERVIS
VICE PRESIDEYes (X)Yes (X)$0$0$0
MARK NAKASH
SECRETARYYes (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$508,733AllOtherContributionsAmt
Total Contributions$508,733TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$508,733TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$428,310TotalAmt
Program Services$428,310ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$242,315TotalAmt
Program Services$242,315ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
PAYPAL FEES$989$989
WIRE FEES$192$192

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$671,806TotalAmt
Program Services$670,625ProgramServicesAmt
Management And General$1,181ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$220,673BOYAmt
EOY$90,600EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$56,000BOYAmt
EOY$23,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$276,673BOYAmt
EOY$113,600EOYAmt

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$276,673BOYAmt
EOY$113,600EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$276,673BOYAmt
EOY$113,600EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$276,673BOYAmt
EOY$113,600EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$163,073ReconcilationRevenueExpnssAmt
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 Minus4 Years$988,797CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$150,513CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$655,852CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$691,908CurrentTaxYearMinus1YearAmt
Current Tax Year$508,733CurrentTaxYearAmt
Total$2,995,803TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$988,797CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$150,513CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$655,852CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$691,908CurrentTaxYearMinus1YearAmt
Current Tax Year$508,733CurrentTaxYearAmt
Total$2,995,803TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,995,803PublicSupportTotal170Amt
Total Support$2,995,803TotalSupportAmt
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

Grants To Org Outside US GrantsToOrgOutsideUSGrp (5 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmt
ISREALCHARITABLE$20,500
ISRAELCHARITABLE$5,400
ISREALCHARITABLE$90,775
ISRAELCHARITABLE$114,000
ISRAELCHARITABLE$7,640
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 MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
AMERICAN FREINDS OF SFATH EMETH YES
4608 10TH AVEBROOKLYNNY11219$67,962CHARITABLE
CONG CHAIM VACHESED
1336 EAST 9TH STREETBROOKLYNNY11230$11,100CHARITABLE
CONG KINYAN TORAH
8 FILLMORE COURTMONROENY10950$12,500CHARITABLE
CONGREGATION YAGDIL TORAH
980 RAILROAD AVEWOODMERENY11598$27,050CHARITABLE
EIZER L'SHABBOS
5104 16TH AVE 319BROOKLYNNY11204$11,300CHARITABLE
FRIENDS OF NER YITZCHAK INC
19 WEST 34TH STREETNEW YORKNY10001$10,800CHARITABLE
IYUN HAPARSHA
5314 16TH AVE SUITE 239BROOKLYNNY11204$7,200CHARITABLE
KEREN ZICHRON GEDALYAHU
1370 CONEY ISLAND AVEBROOKLYNNY11230$40,674CHARITABLE
PARTNERS CHARITY FUND
5014 16TH AVE 448BROOKLYNNY11204$8,314CHARITABLE
VARIOUS - LESS THEN 5K
300 N MAIN STREETSPRING VALLEYNY10977$49,060CHARITABLE
YESHIVA TORAS YISRAEL
662 LEFFERTS AVEBROOKLYNNY11203$87,500CHARITABLE
CONGREGATION BEER HACHESSED
1660 45TH STREETBROOKLYNNY11204$5,400CHARITABLE
BEAIS HATZEDAKA
PO BOX 1003LAKEWOODNJ08701$24,400
OIZER DALIM OF LAKEWOOD
18 MAPLEWOOD TERRANCELAKEWOODNJ08701$23,150
TOMCHEI TZEDAKA
16 BRIDGEWOOD AVELAKEWOODNJ08701$20,900
OHR SHLOMO CHASSIDIC CENTER
3 WILLOW COURTSUFFERNNY10901$10,500

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