JEWISH RENAISSANCE COMMUNITYDEVELOPMENT CORPORATION Charity Report

Tax-exempt status may be revoked

JEWISH RENAISSANCE COMMUNITYDEVELOPMENT CORPORATION

EIN 30-0587835 · Form 990 - (all other) or 990EZ return

What they do

JEWISH RENAISSANCE COMMUNITY DEVELOPMENT CORPORATION, INC. (THE CORPORATION) is FUNCTIONING IN ACCORDANCE WITH THE TITLE II of THE CRANSTON-GONZALEZ NATIONAL AFFORDABLE HOUSING ACT of 1990 AS AN AUTHORIZED STATE-DESIGNATED COMMUNITY HOUSING DEVELOPMENT ORGANIZATION ("CHDO") to PROVIDE THE SUPPLY of DECENT AFFORDABLE HOUSING for LOW and MODERATE INCOME PERSONS and HOUSEHOLDS THROUGHOUT THE STATE of NEW JERSEY. THE CORPORATION WORKS WITH THE BENEFICIARIES (LOW-INCOME and MODERATE PERSONS)WHO ARE INVOLVED IN DECISIONS REGARDING THE DESIGN, SITING, DEVELOPMENT and MANAGEMENT of AFFORDABLE HOUSING BY PROVIDING INPUT INTO THE PROCESS. - THE CORPORATION is ORGANIZED, and AT ALL TIMES BE OPERATED, EXLUSIVELY for THE BENEFIT OF, to PERFORM THE FUNCTIONS of and to CARRY OUT THE PURPOSES OF, THE JEWISH RENAISSANCE FOUNDATION (JRF), INC., AS AN AUTHORIZED STATE-DESIGNATED CHDO TASKED to PROVIDE THE SUPPLY of DECENT AFFORDABLE HOUSING for LOW and MODERATE INCOME PERSONS and HOUSEHOLDS THROUGHOUT TH

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Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2015The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

106.70%of revenue went to mission work81.1% of expenses · Program services

$131.61spent for every $100 of revenueSpending was higher than revenue this year.

24.91%of revenue went to management and office costs18.9% of expenses

$0.14in assets for every $1 spent this yearSome assets cannot be spent right away.

80.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $114,989 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $40,000 for ALAN GOLDSMITH (ADVISOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2015

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$363,723

Mission workProgram services$388,107106.70% of revenue81.1% of expenses

ManagementOffice and general costs$90,60524.91% of revenue18.9% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$478,712131.61% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$363,723

Expenses$478,712

Annual shortfall $114,989 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$388,107 · 81.1% of expenses

Management and office costs$90,605 · 18.9% of expenses

See all reported dollar amounts

Revenue$363,723

Expenses$478,712

Assets$64,900

Income$363,723

Contributions$292,797

Mission work (program services)$388,107

Management and general$90,605

Executive compensation (total)$176,916

Accounting fees$2,650

People

Leadership and board

Tax year 2015

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALAN GOLDSMITHADVISOR · 4 hrs/week $40,000

THOMAS HUDANISHCEO · 40 hrs/week $35,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

ALAN GOLDSMITHADVISOR

THOMAS HUDANISHCEO

DOUGLAS DZEMACHAIR

HERSCHEL CHOMSKYTREASURER

KRISTI ZAYASMEMBER

LISSETTE LEBRONSECRETARY

RAUL SANTIAGOMEMBER

About this charity

Location: 149 KEARNY AVENUE, PERTH AMBOY, NJ 08861
County: Middlesex
In care of: THOMAS HUDANISH

How to reach them

Phone(732) 324-2114

Filing and classification

Latest tax year: 2015
Tax period began: July 1, 2015
Tax preparer: GALLEROS KOH LLP
IRS tax category: Form 990 - (all other) or 990EZ return
Revocation date: November 15, 2019