Nonprofit · EIN 20-3978494
ABG CHESED FOUNDATION INC
Tax-exempt · BROOKLYN, NY 11249
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-PF | $45,032 | $78,807 | -$33,775 | $1,658,618 | $268 | $1,658,350 |
Financial details: 990-PF for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $26,000
- Dividends
- $12,964
- Net gain from sales of assets
- $6,068
Expenses
- Grants and similar amounts paid
- $68,262
- Disbursements for charitable purposes
- $68,262
- Excise tax on investment income
- $128
Balance sheet and other
- Total assets, start of year
- $1,583,419
- Total assets, end of year
- $1,658,618
- Total liabilities, end of year
- $268
- Net assets, end of year
- $1,658,350
- Fair market value of assets
- $1,658,618
- Qualifying distributions
- $68,262
- Net investment income
- $19,032
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-PF for the year ended December 31, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ABRAHAM GROSS 80 HEWES ST, BROOKLYN, NY 11211 | PRESIDENT | 3 | $0 |
| BRENDA GROSS 80 HEWES ST, BROOKLYN, NY 11211 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 80 HEWES ST, BROOKLYN, NY 11249-7804
- In care of
- % ABRAHAM GROSS
- Signed the 990-PF
- ABRAHAM GROSS, PRESIDENT
- Phone
- (718) 851-4416
- Return prepared by
- YEHUDA GUTWEIN CPA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-3978494
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,658,618
- Income (IRS master file)
- $91,165
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2023 | $45,032 | $78,807 | $1,658,618 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 20-3978494).
Questions about ABG CHESED FOUNDATION INC
- What is the EIN of ABG CHESED FOUNDATION INC?
- The employer identification number (EIN) of ABG CHESED FOUNDATION INC is 20-3978494.
- Is ABG CHESED FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to ABG CHESED FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ABG CHESED FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ABG CHESED FOUNDATION 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 ABG CHESED FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2023.
- Who are the officers and directors of ABG CHESED FOUNDATION INC?
- The 990-PF for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does ABG CHESED FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2023 it reported revenue of $45,032, expenses of $78,807 and total assets of $1,658,618 at year end.
Other nonprofits in BROOKLYN
- BROOKLYN COMMUNITY FOUNDATION EIN 11-3422729 · last filed 990 for 2024
- ROFEH CHOLIM CANCER SOCIETY INC EIN 11-3355081 · last filed 990 for 2024
- AMERICAN FRIENDS OF B NAI LEVY FOUNDATION EIN 31-1637285 · last filed 990 for 2025
- DATAKIND EIN 46-4082076 · last filed 990 for 2025
- FREEDOM FUND EIN 30-0805768 · last filed 990 for 2024
- M&D BAWABEH FOUNDATION INC EIN 20-4973858 · last filed 990-PF for 2024
- MATBIA CHARITIES A NJ NONPROFIT CORPORATION EIN 87-3609845 · last filed 990 for 2024
- KEREN HAYESHIVOT TRUST EIN 13-3702251 · last filed 990 for 2024
All nonprofits in BROOKLYN · New York · Philanthropy, voluntarism and grantmaking foundations