Nonprofit · EIN 47-3404833
SHMITAH FUND INC
Tax-exempt (reinstated) · SUFFERN, NY 10901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $127,593 | $43,453 | $84,140 | $360,263 | $0 | $360,263 |
| December 31, 2023 | 990 | $75,938 | $13,482 | $62,456 | $276,122 | $0 | $276,122 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $127,593
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $13,333
- Program services (functional)
- $13,333
- Management and general (functional)
- $120
- Fundraising (functional)
- $30,000
Balance sheet and other
- Total assets, start of year
- $276,122
- Total assets, end of year
- $360,263
- Total liabilities, end of year
- $0
- Net assets, end of year
- $360,263
- Net assets without donor restrictions
- $360,263
- Gross receipts
- $127,593
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUGENE MARKOWITZ | PRESIDENT & TRUSTEE Trustee or director, Officer | 10 | $0 |
| PERRY IRA DAVIS | TRUSTEE Trustee or director | 2 | $0 |
| DAVE MATKOWSKY | TRUSTEE Trustee or director | 2 | $0 |
| DAVID YANIV | SECRETARY Officer | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUGENE MARKOWITZ | PRESIDENT & TRUSTEE Trustee or director, Officer | 10 | $0 |
| PERRY IRA DAVIS | TRUSTEE Trustee or director | 2 | $0 |
| DAVE MATKOWSKY | TRUSTEE Trustee or director | 2 | $0 |
| DAVID YANIV | SECRETARY Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4 CAMBERRA DR, SUFFERN, NY 10901-2800
- Mailing address (990-N for 2021)
- 4 CAMBERRA DRIVE, SUFFERN NY 10901
- Principal officer (990 for 2024)
- EUGENE MARKOWITZ, 4 CAMBERRA DRIVE, SUFFERN, NY 10901
- Principal officer (990-N for 2021)
- EUGENE MARKOWITZ, 4 CAMBERRA DRIVE, SUFFERN NY 10901
- Signed the 990
- EUGENE MARKOWITZ, PRESIDENT
- Phone
- (888) 675-6694
- Website
- www.shmitahfund.org
- Return prepared by
- HIRSCH OELBAUM BRAM HANOVER CPAS
Mission
TO PROMOTE THE OBSERVANCE OF THE JEWISH LAWS RELATING TO THE SHMITTAH - SABBATICAL YEAR,IN WHICH FARMING & AGRICULTURAL ACTIVITY IS FORBIDDEN IN THE LAND OF ISRAEL, THROUGH EDUCATION AND THE PROVIDING OF CRITICAL FINANCIAL ASSISTANCE.
Program accomplishments
- TO EDUCATE ISRAELI FARMERS IN THE PROPER OBSERVANCE OF THE JEWISH LAWS REGARDING THE SABBATICAL - SHMITTAH YEAR IN ISRAEL, AND PROVIDE THEM WITH CRITICAL FINANCIAL ASSISTANCEExpenses $13,333
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-3404833
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $360,263
- Income (IRS master file)
- $127,593
Revocation and reinstatement
- Exemption revoked
- August 15, 2017
- Posted by the IRS
- November 13, 2017
- Reinstated
- Effective May 15, 2021
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $127,593 | $43,453 | $360,263 | XML |
| 990 | December 2023 | $75,938 | $13,482 | $276,122 | XML |
| 990 | December 2022 | $237,606 | $40,265 | $213,666 | IRS |
| 990-N for 2021 Officer: EUGENE MARKOWITZ | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SHMITAH FUND INC
- What is the EIN of SHMITAH FUND INC?
- The employer identification number (EIN) of SHMITAH FUND INC is 47-3404833.
- Is SHMITAH FUND INC tax-exempt?
- Yes. The IRS revoked its exemption on August 15, 2017 and reinstated it effective May 15, 2021.
- Are donations to SHMITAH FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHMITAH FUND 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 SHMITAH FUND 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 SHMITAH FUND 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 SHMITAH FUND INC?
- The 990 for the year ended December 31, 2024 names EUGENE MARKOWITZ.
- Who are the officers and directors of SHMITAH FUND INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does SHMITAH FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $127,593, expenses of $43,453 and total assets of $360,263 at year end.
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