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Paamonim

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

EIN: 205392216 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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?
Who is the CEO of Paamonim?
What is the revenue of Paamonim?
Who are the executives of Paamonim and what are their salaries?
Where can I find the form 990 for Paamonim?

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.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,585,639

    • Assets and Liabilities:
  • Total Assets: $279,230
  • Total Liabilities: $34,788
  • Net Assets: $244,442
  • Organization Details

    Founding Year

    2006

    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.