Nonprofit · EIN 92-3506962
ISRAEL ECONOMIC FORUM
Tax-exempt · ARLINGTON, VA 22201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,141,155 | $1,521,307 | $619,848 | $674,316 | $0 | $674,316 |
| December 31, 2023 | 990 | $517,747 | $113,279 | $404,468 | $404,468 | $0 | $404,468 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,136,903
- Membership dues
- $1,432,374
- Program service revenue
- $0
- Investment income
- $4,252
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $2,505
- Compensation of officers, directors and key employees
- $650,000
- Salaries, compensation and benefits (total)
- $650,000
- Professional fundraising fees
- $3,600
- Legal fees
- $4,440
- Accounting fees
- $13,533
- Travel
- $19,107
- Program services (functional)
- $721,691
- Management and general (functional)
- $796,016
- Fundraising (functional)
- $3,600
Balance sheet and other
- Total assets, start of year
- $404,468
- Total assets, end of year
- $674,316
- Total liabilities, end of year
- $0
- Net assets, end of year
- $674,316
- Gross unrelated business income
- $4,252
- Gross receipts
- $2,141,155
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2023
- State of legal domicile
- VA
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 |
|---|---|---|---|
| AVI JORISCH | CEO & CO-FOUNDER Trustee or director, Officer | 40 | $400,000 |
| SHAI ROMIROWSKY | MANAGING & CO-FOUNDER Trustee or director, Officer | 40 | $250,000 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AVI JORISCH | CEO & CO-FOUNDER Trustee or director | 5 | $0 |
| SHAI ROMIROWSKY | MANAGING & CO-FOUNDER Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 2200 WILSON BLVD STE 102, ARLINGTON, VA 22201-3324
- In care of
- % AVI JORISCH
- Principal officer (990 for 2024)
- SHAI ROMIROWSKY, 2200 WILSON BLVD STE 102, ARLINGTON, VA 22201
- Signed the 990
- SHAI ROMIROWSKY, CO-FOUNDER
- Phone
- (202) 997-4427
- Return prepared by
- COMPASS US ACCOUNTANTS & ADVISORS
Mission
THE ISRAEL ECONOMIC FORUM IS THE EXCLUSIVE INTERNATIONAL ORGANIZATION DEDICATED TO THE ECONOMIC ADVANCEMENT OF THE STATE OF ISRAEL AND ITS GLOBAL STAKEHOLDERS.IEF CONVENES THE FOREMOST POLITICAL,BUSINESS, AND CULTURAL LEADERS OF SOCIETY TO ADVANCE ISRAEL'S ECONOMIC INTERESTS THROUGH ITS NETWORK OF EXTRAORDINARY MEMBERS. THE INSTITUTION BELIEVES THAT ISRAEL'S FUTURE IS SECURED THROUGH PARTNERSHIP,ECONOMIC COLLABORATION, AND GLOBAL INTERCONNECTEDNESS FOR THE PURPOSE OF SHARED PROSPERITY.
Program accomplishments
- THE MOST SIGNIFICANT ACTIVITY OF THE ORGANIZATION WAS CONDUCTING A SUMMIT IN WASHINGTON DC, MONTHLY VIRTUAL PROGRAMMING FEATURING DISTINGUISHED EXPERTS AND LEADERS FROM THE BUSINESS AND POLICY COMMUNITIES, AND MAINTAINING A ROBUST GROUP DISCUSSION PLATFORM AND GLOBAL MEMBER DIRECTORY.Expenses $721,691
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
- 92-3506962
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $674,316
- Income (IRS master file)
- $2,141,155
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,141,155 | $1,521,307 | $674,316 | IRS |
| 990 | December 2023 | $517,747 | $113,279 | $404,468 | XML |
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 92-3506962).
Questions about ISRAEL ECONOMIC FORUM
- What is the EIN of ISRAEL ECONOMIC FORUM?
- The employer identification number (EIN) of ISRAEL ECONOMIC FORUM is 92-3506962.
- Is ISRAEL ECONOMIC FORUM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
- Are donations to ISRAEL ECONOMIC FORUM tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ISRAEL ECONOMIC FORUM 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 ISRAEL ECONOMIC FORUM 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 ISRAEL ECONOMIC FORUM 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 ISRAEL ECONOMIC FORUM?
- The 990 for the year ended December 31, 2024 names SHAI ROMIROWSKY.
- Who are the officers and directors of ISRAEL ECONOMIC FORUM?
- The 990 for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $400,000 (AVI JORISCH, CEO & CO-FOUNDER).
- How much revenue does ISRAEL ECONOMIC FORUM have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,141,155, expenses of $1,521,307 and total assets of $674,316 at year end.
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All nonprofits in ARLINGTON · Virginia · Community improvement and capacity building