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Nonprofit · EIN 11-2829030

KOLEL DAMSEK ELIEZER INC

Tax-exempt · BROOKLYN, NY 11201

Financials

$528K$461K2023$497K$396K2024
Revenue Expenses · by fiscal year end
Financials of KOLEL DAMSEK ELIEZER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$496,785$395,983$100,802$4,158,207$6,682,330-$2,524,123
December 31, 2023990$527,887$460,999$66,888$4,540,370$7,165,295-$2,624,925
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$208,600
Program service revenue
$0
Investment income
$4,614
Net rental income
$283,571
Other revenue
$283,571

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$875
Accounting fees
$3,150
Occupancy
$289,831
Depreciation
$88,155
Program services (functional)
$377,986
Management and general (functional)
$17,997

Balance sheet and other

Total assets, start of year
$4,540,370
Total assets, end of year
$4,158,207
Total liabilities, end of year
$6,682,330
Net assets, end of year
-$2,524,123
Land, buildings and equipment
$3,432,177
Net assets without donor restrictions
-$2,524,123
Gross unrelated business income
-$1,191
Gross receipts
$681,023
Employees
0
Volunteers
3
Year formed
1986
State of legal domicile
NY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOEL KESTENBAUMTRUSTEE
Trustee or director, Officer
0.5$0
SARAH ROSENFELDTRUSTEE
Trustee or director
0.3$0
RACHEL KRAUSTRUSTEE
Trustee or director
0.3$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOEL KESTENBAUMTRUSTEE
Trustee or director, Officer
0.5$0
SARAH ROSENFELDTRUSTEE
Trustee or director
0.3$0
RACHEL KRAUSTRUSTEE
Trustee or director
0.3$0

Address and contacts

Address (IRS master file)
45 MAIN ST STE 804, BROOKLYN, NY 11201-1076
In care of
% FORTIS
Principal officer (990 for 2024)
JOEL KESTENBAUM, 45 MAIN STREET SUITE 804, BROOKLYN, NY 11201
Signed the 990
JOEL KESTENBAUM, TRUSTEE
Phone
(718) 963-2400
Return prepared by
ROTH & COMPANY LLP

Mission

TO PROVIDE A FACILITY FOR JEWISH SCHOLARS TO STUDY FOR THE RABBINATE AND TO ASSIST IN THE SUPPORT OF THESE FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE A FACILITY FOR JEWISH SCHOLARS TO STUDY FOR THE RABBINATE AND TO ASSIST IN THE SUPPORT OF THESE FAMILIES.
    Expenses $377,986

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2829030
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P60Z)
Assets (IRS master file)
$4,158,207
Income (IRS master file)
$681,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$496,785$395,983$4,158,207IRS
990-TDecember 2024–––IRS
990December 2023$527,887$460,999$4,540,370XML
990December 2022$395,341$415,327$4,651,438IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 11-2829030).

Questions about KOLEL DAMSEK ELIEZER INC

What is the EIN of KOLEL DAMSEK ELIEZER INC?
The employer identification number (EIN) of KOLEL DAMSEK ELIEZER INC is 11-2829030.
Is KOLEL DAMSEK ELIEZER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to KOLEL DAMSEK ELIEZER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KOLEL DAMSEK ELIEZER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KOLEL DAMSEK ELIEZER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KOLEL DAMSEK ELIEZER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KOLEL DAMSEK ELIEZER INC?
The 990 for the year ended December 31, 2024 names JOEL KESTENBAUM.
Who are the officers and directors of KOLEL DAMSEK ELIEZER INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KOLEL DAMSEK ELIEZER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $496,785, expenses of $395,983 and total assets of $4,158,207 at year end.

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