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Hadassah Medical Relief Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136110872 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Hadassah Medical Relief Association Inc?

Hadassah Medical Relief Association Inc is a nonprofit organization that plays a vital role in supporting Hadassah, The Women's Zionist Organization of America, Inc. (HWZOA). Starting from 2021, HMRA was granted the authority to manage and invest certain investment assets on behalf of both HMRA and the Hadassah Foundation, Inc. (HF). On a quarterly basis, HMRA transfers a pro rata share of investment income and distributions from endowments held by HMRA to HWZOA and HF. The volunteer organization's mission is to inspire passion and commitment towards the future of Israel.


Official website here: www.hadassah.org

Is Hadassah Medical Relief Association Inc legitimate?

Hadassah Medical Relief Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hadassah Medical Relief Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.hadassah.org

What is the mission statement of Hadassah Medical Relief Association Inc?

Hadassah Medical Relief Association Inc is a volunteer organization that supports Hadassah, the Women's Zionist Organization of America. The association's primary role is to grant funds to Hadassah for managing and investing certain investment assets. Beginning in 2021, Hadassah granted Hadassah Medical Relief Association the discretion to pool and manage these funds with those owned by the Hadassah Foundation. On a quarterly basis, the association transfers a portion of the investment income and distributions from endowments held by them to Hadassah.


Official website here: www.hadassah.org

Who is the CEO of Hadassah Medical Relief Association Inc?

Naomi Adler is the Principal Officer of Hadassah Medical Relief Association Inc. The CEO's salary of Hadassah Medical Relief Association Inc is $0 and their total compensation is $307,499.


Official website here: www.hadassah.org

What is the revenue of Hadassah Medical Relief Association Inc?

Hadassah Medical Relief Association Inc's revenue in 2022 was $75,563,337.


Official website here: www.hadassah.org

Who are the executives of Hadassah Medical Relief Association Inc and what are their salaries?

Here are 15 key members and their salaries (Hadassah Medical Relief Association Inc's CEO's salary is $0 and their total compensation is $307,499):

    Naomi Leah Adler (Chief Executive Officer)
  • Compensation: $0
  • Related: $410,987
  • Other: $76,298

    • Ron Aloni (Cfo/Coo)
  • Compensation: $0
  • Related: $382,462
  • Other: $87,448

    • Sheryl Zeligson (Chief Legal Officer & Gen Counsel)
  • Compensation: $0
  • Related: $392,386
  • Other: $70,465

    • Janice Weinman (Chief Executive Officer)
  • Compensation: $0
  • Related: $302,291
  • Other: $5,208

    • Rhoda Smolow (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hubertus (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Ann Schwartz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Hand Deixler (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Elefant (Vice President (Start 1/1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelley Kaplan (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Lowenstein (Vice President (Start 1/1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Sapperstein (Vice President (Start 1/1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Schonberger (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Herskin (Past National President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcie Natan (Past National President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hadassah.org

    Where can I find the form 990 for Hadassah Medical Relief Association Inc?

    The Hadassah Medical Relief Association Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hadassah.org

    Learn more at the official website: www.hadassah.org

    Mission Statement of Hadassah Medical Relief Association Inc

    Hadassah Medical Relief Association Inc, a volunteer organization, plays a crucial role in supporting Hadassah, The Women's Zionist Organization of America, Inc., by managing and investing certain investment assets on its behalf. This New York-based not-for-profit grants Hadassah the discretion and responsibility for administering these funds. Beginning in 2021, Hadassah Medical Relief Association has been entrusted with pooling and managing these investments alongside funds owned by the Hadassah Foundation, Inc.

    On a quarterly basis, Hadassah Medical Relief Association transfers a proportionate share of investment income to Hadassah and the Hadassah Foundation. Moreover, Hadassah Medical Relief Association also transfers distributions from endowments held by the association to Hadassah. By managing these investments, Hadassah Medical Relief Association contributes significantly to the financial well-being of Hadassah, enabling the organization to carry out its mission effectively.

    Hadassah, The Women's Zionist Organization of America, is a New York not-for-profit corporation that inspires passion and commitment to the future of Israel. Hadassah Medical Relief Association, as a vital supporter of Hadassah, ensures the financial stability of this women's Zionist organization, allowing it to continue its important work. Through its investment management and transfer of funds, Hadassah Medical Relief Association is an essential partner in the mission of Hadassah.

    Impact

    This information is meant to be a general summary of Hadassah Medical Relief Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hadassah Medical Relief Association Inc's impact lies in its role as a volunteer organization that inspires a passion for and commitment to the future of Israel. Through its support for Hadassah, the Women's Zionist Organization of America, Inc., the organization plays a crucial part in advancing healthcare, education, and community development initiatives in Israel. By administering, managing, and investing certain investment assets, Hadassah Medical Relief Association Inc contributes to the sustainability and growth of various projects and programs benefiting communities in Israel. This impact extends beyond borders, making a difference on an international scale.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-12,662,102
  • Program Service Revenue: $0
  • Gross Receipts: $231,682,678

    • Assets and Liabilities:
  • Total Assets: $564,855,684
  • Total Liabilities: $365,659,636
  • Net Assets: $199,196,048
  • Organization Details

    Founding Year

    1925

    Principal Officer

    Naomi Adler

    Main Address

    40 WALL STREET, NEW YORK, NY, 10005

    NTEE Category

    Code: Q30 - International

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