2025-03-21T13:24:27-05:00 2024-08-31 823736106 POZERSKI HATCH & COMPANY 100 LEDGEWOOD PLACE SUITE 304 ROCKLAND MA 02370 990 2023-09-01 300588290 YAD CHESSED FUND INC YADC 7814872693 333 NAHANTON STREET 315 NEWTON MA 02459 NANCY KRIEGEL EXECUTIVE DIRECTOR 7814872693 2025-03-21 1 0 MICHELLE HATCH P01222458 7814801430 2025-03-21 2023 2025-03-06 01:10:19Z X LORI SILVER 333 NAHANTON STREET 315 NEWTON MA 02459 1850757 0 X WWW.YADCHESSED.ORG X 2008 MA TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE AND ADVICE AND GUIDANCE, WITH COMPASSION AND PRESERVING DIGNITY, TO JEWISH INDIVIDUALS IN THE GREATER BOSTON AND OTHER PARTS OF MASSACHUSETTS WHO ARE EXPERIENCING FINANCIAL DISTRESS AND FOOD INSECURITY. 17 17 10 28 0 0 1776435 1783667 0 0 50815 67090 0 0 1827250 1850757 731635 687043 0 0 634098 764367 0 0 209499 323626 457644 1689359 1909054 137891 -58297 1929736 1948545 33128 43347 1896608 1905198 TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE AND ADVICE AND GUIDANCE, WITH COMPASSION AND PRESERVING DIGNITY, TO JEWISH INDIVIDUALS IN GREATER BOSTON AND OTHER PARTS OF MASSACHUSETTS WHO ARE EXPERIENCING FINANCIAL DISTRESS AND FOOD INSECURITY. 0 0 1506896 687043 YAD CHESSED FUND, INC. PROVIDES FINANCIAL ASSISTANCE TO INDIVIDUALS BY PAYING FOR NECESSITIES SUCH AS FOOD, HOUSING, UTILITIES, AND OTHER ESSENTIALS. PAYMENTS FOR SUCH ESSENTIALS ARE MADE ON BEHALF OF CLIENTS TO THIRD PARTY PAYEES. YAD CHESSED ALSO SENDS SUPERMARKET GIFT CARDS DIRECTLY TO CLIENTS FACING FOOD INSECURITY. YAD CHESSED SOCIAL WORKERS ASSESS EACH CLIENT'S INDIVIDUAL NEEDS AND OFFER GUIDANCE, ADVICE AND REFERRALS TO OTHER AGENCIES AS APPROPRIATE. THE FUND SUPPORTED 1,419 HOUSEHOLDS CONSISTING OF 2,317 INDIVIDUALS DURING FISCAL 2024. 1506896 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 MA X NANCY KRIEGEL 7814872693 440 TOTTEN POND ROAD WALTHAM MA 02451 CHERYL NISSENBAUM SANDERS DIRECTOR 0.50 X 0 0 0 EDWARD MUSMON DIRECTOR 1.00 X 0 0 0 JANET GOLDENBERG EXECUTIVE VICE PRESIDENT 0.50 X X 0 0 0 LORI SILVER PRESIDENT 1.00 X X 0 0 0 NEAL KARASIC DIRECTOR 0.50 X 0 0 0 KATHY COHEN DIRECTOR 0.50 X 0 0 0 SHANI WINTON DIRECTOR 0.50 X 0 0 0 REBECCA KOTKIN DIRECTOR 0.50 X 0 0 0 DANIEL BLACK DIRECTOR 0.50 X 0 0 0 DANIEL FRIEDMAN DIRECTOR 0.50 X 0 0 0 ROBERT HOUSMAN DIRECTOR 0.50 X 0 0 0 SANDY REMZ DIRECTOR 0.50 X 0 0 0 LINDA SKOLNIK DIRECTOR 0.50 X 0 0 0 JACOB TEICH TREASURER 3.00 X X 0 0 0 SUSAN SHANSKE DIRECTOR 0.50 X 0 0 0 SUSAN STEINHARDT DIRECTOR 0.50 X 0 0 0 PAUL FURER DIRECTOR 0.50 X 0 0 0 NANCY KRIEGEL EXECUTIVE DIRECTOR 40.00 X 144243 0 20984 144243 0 20984 1 0 1 0 THE VERNDALE CORPORATION PO BOX 843006 BOSTON MA 02284 WEBSITE DEVELOPMENT & BUILD 194145 1 1783667 10232 1783667 52157 52157 14933 0 14933 14933 14933 1850757 0 0 67090 X 687043 687043 158151 55353 15815 86983 515969 428298 48068 39603 35028 20725 5328 8975 55219 39605 5241 10373 40910 40910 4238 4238 318526 221539 62392 34595 18644 12473 1672 4499 33600 23856 2688 7056 5572 3965 437 1170 PRINTING AND MAILING 14694 4851 522 9321 OTHER FEES 8661 2141 4026 2494 OTHER EXPENSES 7560 3312 913 3335 COMMUNICATIONS 5239 3735 409 1095 1909054 1506896 192659 209499 127501 100118 1047884 882968 15000 201078 89063 42836 566148 647927 84140 73618 1929736 1948545 33128 43347 33128 43347 X 879896 926293 1016712 978905 1896608 1905198 1929736 1948545 -58297 66887 0 X 0 1 X 1 0 X 1481233 1547052 2079006 1776435 1783667 8667393 1481233 1547052 2079006 1776435 1783667 8667393 229754 8437639 43 43 223 36274 52157 88740 8756133 0.96360 0.96210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 566148 86017 4238 647927 500000 70032 3884 566148 0.77200 0.22800 0 0 0 1913406 66887 -4238 62649 1850757 0 1850757 1904816 0 1904816 4238 4238 1909054 PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -4,238. 1 ASSISTANCE THROUGH FOOD GIFT CARDS 1136 424821 FAIR MARKET VALUE GIFT CARDS ASSITANCE THROUGH EMERGENCY FINANCIAL DISTRIBUTION 307 251712 DIRECT PAYMENT OF EXPENSES TO THIRD PARTIES ASSISTANCE THROUGH KOSHER FOOD DELIVERY 299 10510 FAIR MARKET VALUE DIRECT PAYMENT OF EXPENSE TO THIRD PARTIES PART I, LINE 2: RECORDS OF DATES AND AMOUNTS OF GRANTS AND ASSISTANCE ARE MAINTAINED IN SALESFORCE AND RECONCILED WITH QUICKBOOKS. FOR PAYMENTS MADE BY CHECK, THE ORGANIZATION KEEPS COPIES OF CHECKS AND INVOICES. FOR PAYMENTS MADE BY CREDIT CARD, THE ORGANIZATION KEEPS A COPY OF THE INVOICE MARKED WITH THE DATE/AMOUNT PAID VIA CREDIT CARD. DECISIONS ABOUT ELIGIBILITY ARE MADE BASED ON SOCIAL WORKER CLINICAL JUDGEMENT AND RECORDED IN CLIENT NOTES RELATING TO EACH TRANSACTION. FOR FOOD/CLOTHING GRANTS, THE ORGANIZATION HAS FORUMLAS AND WRITTEN CRITERIA FOR ELIGIBILITY. FORMULAS INCLUDE SOME OR ALL OF THE FOLLOWING: FEDERAL PERCENTAGE OF POVERTY, INCOME, FAMILY SIZE, DATE OF LAST ASSISTANCE, COMPLETED APPLICATION, REFERRAL OR STATEMENT OF NEED. X 0 0 0 0 0 0 0 0 0 NANCY KRIEGEL EXECUTIVE DIRECTOR 144243 0 0 0 0 0 0 0 20984 0 165227 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WILL REVIEW THE 990 AND UPON APPROVAL WILL PRESENT THE FULL 990 TO THE BOARD WITH EXPLANATION BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD DOES AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT AND ANY ISSUES ARE FOLLOWED UP ON. FORM 990, PART VI, SECTION B, LINE 15B THE YAD CHESSED BOARD DETERMINES EXECUTIVE COMPENSATION AS PART OF THE ANNUAL BUDGETING PROCESS THAT CONSIDERS FACTORS SUCH AS THE ORGANIZATION'S FINANCIAL HEALTH, INDUSTRY STANDARDS, AND THE EXECUTIVE'S PERFORMANCE AND RESPONSIBILITIES. THE BOARD CONSULTS EXTERNAL SALARY BENCHMARKS, WHEN NECESSARY, TO ENSURE THE COMPENSATION PACKAGE REMAINS COMPETITIVE AND ALIGNED WITH THE ORGANIZATION'S MISSION AND GOALS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FORM 990, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES- IT SERVICES: PROGRAM SERVICE EXPENSES 6,556. MANAGEMENT AND GENERAL EXPENSES 725. FUNDRAISING EXPENSES 1,902. TOTAL EXPENSES 9,183. PROFESSIONAL FEES- OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 243. FUNDRAISING EXPENSES 1,981. TOTAL EXPENSES 2,224. PROFESSIONAL FEES- PROJECT ACCELERATE: PROGRAM SERVICE EXPENSES 214,983. MANAGEMENT AND GENERAL EXPENSES 61,424. FUNDRAISING EXPENSES 30,712. TOTAL EXPENSES 307,119.