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Congregation Abu Sholem Shabazi Inc

Spring Valley, NY · EIN 133762751 · Form 990 · FY2024 · NTEE K12 · Food, Agriculture & Nutrition · Micro (<$100K)
revenue
$4K
expenses
$132K
net assets
$0
employees
0
volunteers
5
program ratio
0%
mission · from form 990

Create and maintain a fund to provide interest-free loans and support charitable activities for eligible applicants. Establish and maintain a synagogue as a place for worship and community gathering.

profile · synthesized from sources

Congregation Abu Sholem Shabazi Inc is a religious nonprofit based in Spring Valley, NY, established to maintain a synagogue for worship and community gathering. The organization also operates a charitable fund providing interest-free loans to eligible individuals. Its activities center on religious practice and community-based financial assistance.

named programs · 2 · from sources

What they call their work

Interest-Free Loan Fund
Provides financial assistance in the form of interest-free loans to eligible individuals within the community
Synagogue Services
Regular religious worship and community gatherings at the congregation's place of worship in Spring Valley, NY
activities · 2 groups

What they do

  • Jewish Worship and Study Center 1 activity
    • Operates a synagogue for worship and community gatherings
      Manages and maintains a synagogue facility to host religious services and community events as a central part of its mission.
  • Interest-Free Loan and Grant Support 1 activity
    • Provides interest-free loans to eligible applicants
      Offers interest-free financial loans to individuals who meet eligibility criteria as part of its charitable programming.
financials · form 990 · fy2024
revenue
Total revenue$4K
Contributions & grants$00%
Program service revenue$00%
Investment income$2325%
Other revenue$4K
expenses
Total expenses$132K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$0
Cash$875K
Investments$0
Liabilities$35K
Net assets$0
Liquid reserves79.3 mo
4 years on record · 2021–2024 · YoY revenue -28.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • Esther Levy — Trustee
  • Sharon Moshe — Trustee
  • Shaya Myski — Trustee
  • Shimon Schwartz — Trustee
  • Yair Moshe — Trustee
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Interest-Free Lending for Charitable Support
    methodology: interest-free_lending
    By providing interest-free loans, the organization reduces financial barriers and supports individuals in need, because eliminating interest lowers repayment burden and aligns lending with charitable mission rather than profit.