Overview
What is Paamonim?
Paamonim is a nonprofit organization, based in Brooklyn, New York, with a focus on aiding and supporting other organizations sharing a similar mission. They accomplish this by offering grants, financial counseling, and interest-free loans to needy communities both within the United States and internationally. The organization's purpose is to bolster the capacity of like-minded organizations, thereby extending their reach and impact. With a small team of three dedicated individuals, Paamonim plays a significant role in strengthening the financial wellbeing of communities in need.
Is Paamonim legitimate?
Paamonim is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paamonim 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: $59,291
For more financial information, click here
What is the mission statement of Paamonim?
Paamonim's mission is to aid and assist other organizations, both domestically and internationally, that share similar goals. They accomplish this by providing grants, financial counseling, and interest-free loans to communities in need. This support is aimed at empowering these organizations to continue their work in providing essential services to those who are financially disadvantaged. Paamonim's mission is driven by a commitment to helping others and fostering a more equitable society.
Who is the CEO of Paamonim?
Eliezer Biderman is the Treasurer of Paamonim.
What is the revenue of Paamonim?
Paamonim's revenue in 2021 was $1,585,639.
Who are the executives of Paamonim and what are their salaries?
The average compensation at Paamonim during 2021 was $19,764. There are 3 employees at Paamonim.
Here are 3 key members and their salaries:
- Aziva Biderman (Treasurer) [Trustee/Director]
- Eliezer Biderman (President) [Trustee/Director]
- Abraham Jacobowitz (Secretary) [Trustee/Director]
Where can I find the form 990 for Paamonim?
The Paamonim’s most recent form 990 was submitted in 2021 and can be accessed here
Mission Statement of Paamonim
Paamonim, a nonprofit organization, is committed to supporting other charities both in the United States and abroad. Their mission is to aid and assist these organizations with a similar goal by providing them with grants, financial counseling, and interest-free loans. Paamonim aims to help needy individuals within communities by extending a hand to organizations that share their purpose. By offering this assistance, Paamonim is instrumental in strengthening the capacity of these organizations to serve their respective communities more effectively.
Impact
This information is meant to be a general summary of Paamonim. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Paamonim's impact lies in its support for other organizations in the US and abroad that offer grants, loans free of interest, and financial advice to those in need within communities. By providing grants, counseling, and interest-free loans to the needy, Paamonim not only assists individuals in financial distress but also strengthens the capacity of other organizations with similar missions. Through its philanthropic efforts, Paamonim plays a vital role in empowering and uplifting communities by addressing financial challenges and fostering financial stability among the less fortunate.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Assets and Liabilities:
Organization Details
Founding Year
2006
Phone
(347) 228-1699
Principal Officer
Eliezer Biderman
Main Address
1520 39TH STREET, BROOKLYN, NY, 11218
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Paamonim and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.