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The Sephardic Food Fund Inc C/O Middlegate Securities

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

EIN: 562307777 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Sephardic Food Fund Inc C/O Middlegate Securities?

The Sephardic Food Fund Inc C/O Middlegate Securities is a charitable nonprofit organization situated in New York City, specifically at 8 WEST 40TH ST FL 4. Their primary objective is to collect and manage funds for philanthropic purposes, primarily focusing on providing food assistance to families in need. They achieve this by issuing credit cards with a predetermined monthly balance, exclusively for purchasing food and basic necessities at authorized retailers. The organization employs a team of seven individuals, devoted to fulfilling their mission.


Official website here: www.thesff.org

Is The Sephardic Food Fund Inc C/O Middlegate Securities legitimate?

The Sephardic Food Fund Inc C/O Middlegate Securities is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sephardic Food Fund Inc C/O Middlegate Securities 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: $275,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,138

For more financial information, click here


Official website here: www.thesff.org

What is the mission statement of The Sephardic Food Fund Inc C/O Middlegate Securities?

The organization, The Sephardic Food Fund Inc C/O Middlegate Securities, is committed to receiving and maintaining funds for charitable purposes. A significant portion of these funds is allocated towards providing food assistance to those in need. To accomplish this mission, the organization issues credit cards with predetermined monthly balances, which can be utilized exclusively at food stores, enabling needy families to purchase essentials such as food and basic necessities.


Official website here: www.thesff.org

Who is the CEO of The Sephardic Food Fund Inc C/O Middlegate Securities?

Elliot Sutton is the Executive Director of The Sephardic Food Fund Inc C/O Middlegate Securities.


Official website here: www.thesff.org

What is the revenue of The Sephardic Food Fund Inc C/O Middlegate Securities?

The Sephardic Food Fund Inc C/O Middlegate Securities's revenue in 2022 was $4,924,279.


Official website here: www.thesff.org

Who are the executives of The Sephardic Food Fund Inc C/O Middlegate Securities and what are their salaries?

The average compensation at The Sephardic Food Fund Inc C/O Middlegate Securities during 2022 was $58,964. There are 7 employees at The Sephardic Food Fund Inc C/O Middlegate Securities.

Here are 3 key members and their salaries:

    Raymond Sultan (Director)
  • Compensation: $185,608
  • Related: $0
  • Other: $90,000

    • David Sitt (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thesff.org

    Where can I find the form 990 for The Sephardic Food Fund Inc C/O Middlegate Securities?

    The The Sephardic Food Fund Inc C/O Middlegate Securities’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thesff.org

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

    Mission Statement of The Sephardic Food Fund Inc C/O Middlegate Securities

    The Sephardic Food Fund Inc C/O Middlegate Securities is a charitable organization with a mission to collect and manage funds for benevolent purposes. At its core, this mission involves providing food and basic necessities to families in need. To accomplish this, the organization issues credit cards to eligible families, each card having a predetermined monthly balance that can only be used at food stores. This innovative approach allows the Sephardic Food Fund Inc C/O Middlegate Securities to assist those struggling financially in procuring essential items, thereby alleviating some of their hardships.

    Impact

    This information is meant to be a general summary of The Sephardic Food Fund Inc C/O Middlegate Securities. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Sephardic Food Fund Inc, operating through Middlegate Securities, directly impacts the needy by providing them with a practical solution to access food and basic necessities. Through the provision of credit cards with preloaded monthly balances, this initiative ensures that struggling families can purchase essential items from designated food stores. This targeted approach helps alleviate food insecurity and provides tangible support to those facing financial hardship.





    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: $37,681
  • Program Service Revenue: $0
  • Gross Receipts: $4,946,099

    • Assets and Liabilities:
  • Total Assets: $3,104,180
  • Total Liabilities: $0
  • Net Assets: $3,104,180
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Elliot Sutton

    Main Address

    8 WEST 40TH ST FL 4, NEW YORK, NY, 10018

    NTEE Category

    Code: K31 - Food

    If you are a representative of The Sephardic Food Fund Inc C/O Middlegate Securities 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.