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Nonprofit · EIN 20-0746192

FRIENDS OF REAIM INC

Tax-exempt · BROOKLYN, NY 11230

Financials

$723K$699K2023$686K$626K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF REAIM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$686,227$625,521$60,706$263,315$0$263,315
December 31, 2023990$722,664$698,762$23,902$202,609$0$202,609
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$678,758
Program service revenue
$0
Investment income
$7,469
Other revenue
$0

Expenses

Grants and similar amounts paid
$382,466
Compensation of officers, directors and key employees
$68,550
Salaries, compensation and benefits (total)
$70,991
Professional fundraising fees
$0
Accounting fees
$4,000
Occupancy
$13,600
Travel
$97,702
Program services (functional)
$382,466
Management and general (functional)
$142,371
Fundraising (functional)
$100,684

Balance sheet and other

Total assets, start of year
$202,609
Total assets, end of year
$263,315
Total liabilities, end of year
$0
Net assets, end of year
$263,315
Net assets without donor restrictions
$263,315
Gross receipts
$686,227
Employees
1

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
SHLOMO SCHWARTZSECRETARY/TR
Trustee or director, Officer
40$68,550
TZVI RUBINSTEINPRESIDENT
Trustee or director, Officer
1$0
AVROHOM ABRAMOVITZVICE PRESIDE
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
SHLOMO SCHWARTZSECRETARY/TR
Trustee or director, Officer
40$51,413
TZVI RUBINSTEINPRESIDENT
Trustee or director, Officer
1$0
AVROHOM ABRAMOVITZVICE PRESIDE
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1066 E 2ND ST, BROOKLYN, NY 11230-3342
In care of
% SHLOMO SCHWARTZ
Mailing address (990-N for 2024)
1054 43RD STREET, BROOKLYN NY 11219
Principal officer (990 for 2024)
SHLOMO SCHWARTZ, 1554 46 STREET, BROOKLYN, NY 11219
Principal officer (990-N for 2024)
SHLOMO SCHWARTZ, 1554 46 STREET, BROOKLYN NY 11219
Signed the 990
SHLOMO SCHWARTZ, SECRETARY/TREAS
Phone
(718) 377-7777
Return prepared by
BUNKER AND COMPANY CPA PLLC

Mission

GRANTS TO JEWISH RELIGIOUS, EDUCATIONAL AND SOCIAL SERVICE ORGANIZATIONS IN NEED.

990 for the year ended December 31, 2024

Program accomplishments

  • WE MADE GRANTS TO SEVERAL RELIGIOUS AND EDUCATIONAL ORGANIZATIONS THAT SUPPORT THE IMPOVERISHED.
    Expenses $382,466 · grants $382,466

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0746192
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
2005
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Religion-related (X30)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: SHLOMO SCHWARTZ
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2024$686,227$625,521$263,315XML
990December 2023$722,664$698,762$202,609XML
990December 2022$811,620$892,822$178,707IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2010
Officer: Shlomo Schwartz
December 31, 2010≤ $50,000 receipts––e-Postcard

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 20-0746192).

Questions about FRIENDS OF REAIM INC

What is the EIN of FRIENDS OF REAIM INC?
The employer identification number (EIN) of FRIENDS OF REAIM INC is 20-0746192.
Is FRIENDS OF REAIM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to FRIENDS OF REAIM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF REAIM INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FRIENDS OF REAIM 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 FRIENDS OF REAIM INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of FRIENDS OF REAIM INC?
The 990 for the year ended December 31, 2024 names SHLOMO SCHWARTZ.
Who are the officers and directors of FRIENDS OF REAIM INC?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $68,550 (SHLOMO SCHWARTZ, SECRETARY/TR).
How much revenue does FRIENDS OF REAIM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $686,227, expenses of $625,521 and total assets of $263,315 at year end.

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