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Nonprofit · EIN 13-3981597

M&S KOLEL GROCERY INC

Also known as BIKUR CHOLIM OF NEW SQUARE

Tax-exempt · SPRING VALLEY, NY 10977

Financials

$1.4M$1.6M2023$1.6M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of M&S KOLEL GROCERY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,561,648$1,527,064$34,584$2,409,899$887,871$1,522,028
December 31, 2023990$1,355,164$1,566,320-$211,156$2,204,002$716,558$1,487,444
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$474,122
Program service revenue
$0
Investment income
$13,723
Net income from sales of inventory
$1,058,434
Other revenue
$1,073,803

Expenses

Grants and similar amounts paid
$112,092
Compensation of officers, directors and key employees
$0
Other salaries and wages
$948,644
Salaries, compensation and benefits (total)
$1,027,639
Professional fundraising fees
$0
Legal fees
$28,675
Accounting fees
$9,550
Occupancy
$153,424
Depreciation
$27,768
Program services (functional)
$1,517,514
Management and general (functional)
$9,550

Balance sheet and other

Total assets, start of year
$2,204,002
Total assets, end of year
$2,409,899
Total liabilities, end of year
$887,871
Net assets, end of year
$1,522,028
Land, buildings and equipment
$141,239
Gross receipts
$10,263,907
Employees
26
Volunteers
4
Year formed
1997
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
AHARON LEFKOWITZTrustee
Trustee or director
5$0
YOEL ZVI SPITZERTRUSTEE
Trustee or director
1$0
JACOB MARGARETTENTrustee
Trustee or director
5$0
HERSHY PALSECRETARY
Trustee or director
5$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
AHARON LEFKOWITZTrustee
Trustee or director
5$0
YOEL ZVI SPITZERTRUSTEE
Trustee or director
1$0
JACOB MARGARETTENTrustee
Trustee or director
5$0
HERSHY PALSECRETARY
Trustee or director
5$0

Address and contacts

Address (IRS master file)
44 JEFFERSON AVE, SPRING VALLEY, NY 10977-1912
In care of
% YOEL ZI SPITZER
Principal officer (990 for 2024)
AHARON LEFKOWITZ, 44 JEFFERSON AVE, SPRING VALLEY, NY 10977
Signed the 990
AHARON LEFKOWITZ, Trustee
Phone
(845) 362-0810
Return prepared by
Jacob Frieder CPA PC

Mission

WE PROVIDE FOOD FOR THE NEEDY AT BELOW MARKET PRICES

990 for the year ended December 31, 2024

Program accomplishments

  • We provided food and other essential needs for the needy at below market prices
    Expenses $1,405,422
  • Cash assistance given to needy individuals & organizations for daily living expenses, such as food, rent etc.
    Expenses $112,092
  • Educational programs for children and adults

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
13-3981597
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,409,899
Income (IRS master file)
$10,263,907

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,561,648$1,527,064$2,409,899XML
990December 2023$1,355,164$1,566,320$2,204,002XML
990December 2022$1,251,228$1,363,075$2,280,720IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 13-3981597).

Questions about M&S KOLEL GROCERY INC

What is the EIN of M&S KOLEL GROCERY INC?
The employer identification number (EIN) of M&S KOLEL GROCERY INC is 13-3981597.
Is M&S KOLEL GROCERY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to M&S KOLEL GROCERY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does M&S KOLEL GROCERY 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 M&S KOLEL GROCERY 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 M&S KOLEL GROCERY 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 M&S KOLEL GROCERY INC?
The 990 for the year ended December 31, 2024 names AHARON LEFKOWITZ.
Who are the officers and directors of M&S KOLEL GROCERY INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does M&S KOLEL GROCERY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,561,648, expenses of $1,527,064 and total assets of $2,409,899 at year end.

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