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Nonprofit · EIN 22-3297123

TORAS CHESED INC

Tax-exempt · LAKEWOOD, NJ 08701

Financials

$3.8M$3.7M2023$4.1M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of TORAS CHESED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,076,950$4,162,875-$85,925$935,644$22,643$913,001
December 31, 2023990$3,806,472$3,736,191$70,281$1,002,543$3,617$998,926
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,089,580
Program service revenue
$0
Investment income
$67
Net rental income
-$12,697
Other revenue
-$12,697

Expenses

Grants and similar amounts paid
$3,896,421
Compensation of officers, directors and key employees
$78,000
Other salaries and wages
$35,713
Salaries, compensation and benefits (total)
$116,918
Professional fundraising fees
$0
Accounting fees
$7,500
Occupancy
$1,000
Program services (functional)
$3,932,423
Management and general (functional)
$197,546
Fundraising (functional)
$32,906

Balance sheet and other

Total assets, start of year
$1,002,543
Total assets, end of year
$935,644
Total liabilities, end of year
$22,643
Net assets, end of year
$913,001
Land, buildings and equipment
$435,075
Gross receipts
$4,119,647
Employees
3
Volunteers
0
State of legal domicile
NJ

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 / weekCompensationOther / benefits
ELIEZER S KROHNTRUSTEE
Trustee or director, Officer
10$45,500$36,000
BERNARD SHAPRAN ESQTRUSTEE
Officer
5$0$0
MOSHE Z WEISBERGTRUSTEE
Officer
5$0$0
RABBI YEHUDA JACOBSTRUSTEE
Officer
5$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
ELIEZER S KROHNTRUSTEE
Trustee or director, Officer
10$38,500$36,000
BERNARD SHAPRAN ESQTRUSTEE
Officer
5$0$0
MOSHE Z WEISBERGTRUSTEE
Officer
5$0$0
RABBI YEHUDA JACOBSTRUSTEE
Officer
5$0$0

Address and contacts

Address (IRS master file)
421 6TH ST, LAKEWOOD, NJ 08701-2705
In care of
% RABBI J KROHN
Principal officer (990 for 2024)
ELIEZER S KROHN
Signed the 990
ISRAEL K KROHN, SECRETARY
Phone
(732) 367-6864
Return prepared by
WILSCHANSKI & CO

Mission

CHARITABLE & EDUCATIONAL

990 for the year ended December 31, 2024

Program accomplishments

  • FINANCIAL AID-SUPPORT OF QUALIFIED INDIGENT PEOPLE
    Expenses $1,566,545 · grants $1,566,545
  • SUPPORT OF TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3)
    Expenses $1,800,851 · grants $1,800,851
  • STIPENDS TO SCHOLARS AND OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES
    Expenses $542,268 · grants $529,025
  • PRINTING AND PUBLICATIONS
    Expenses $22,759

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
22-3297123
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X11)
Assets (IRS master file)
$935,644
Income (IRS master file)
$4,119,647

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,076,950$4,162,875$935,644XML
990December 2023$3,806,472$3,736,191$1,002,543XML
990December 2022$4,244,430$4,394,272$1,470,225IRS
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 22-3297123).

Questions about TORAS CHESED INC

What is the EIN of TORAS CHESED INC?
The employer identification number (EIN) of TORAS CHESED INC is 22-3297123.
Is TORAS CHESED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TORAS CHESED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TORAS CHESED 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 TORAS CHESED 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 TORAS CHESED 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 TORAS CHESED INC?
The 990 for the year ended December 31, 2024 names ELIEZER S KROHN.
Who are the officers and directors of TORAS CHESED INC?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $45,500 (ELIEZER S KROHN, TRUSTEE).
How much revenue does TORAS CHESED INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,076,950, expenses of $4,162,875 and total assets of $935,644 at year end.

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