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GEMACH OF RIVERDALE INC

Bronx, NY · EIN 463234109 · Form 990 · FY2025 · NTEE P99 · Human Services · Micro (<$100K)
revenue
$15K
expenses
$100
net assets
$629K
employees
0
volunteers
5
program ratio
0%
mission · from form 990

To provide loans to individuals /families who are in need of short term financial assistance.

profile · synthesized from sources

GEMACH OF RIVERDALE INC is a nonprofit organization based in the Bronx, NY, that provides short-term financial assistance in the form of loans to individuals and families in need. The organization operates within the human services sector, focusing on immediate economic relief for vulnerable populations. Its mission emphasizes temporary financial support to help people meet essential needs.

named programs · 1 · from sources

What they call their work

Short-Term Financial Assistance Loans
Provides interest-free or low-interest loans to individuals and families facing temporary financial hardship to help cover essential living expenses
activities · 1 group

What they do

  • Interest-Free Loan and Grant Support 1 activity
    • Provides short-term financial assistance in the form of loans
      Offers short-term financial loans to individuals and families in need. This service is aimed at providing immediate economic relief for basic living expenses.
financials · form 990 · fy2025
revenue
Total revenue$15K
Contributions & grants$3K19%
Program service revenue$00%
Investment income$12K81%
Other revenue$0
expenses
Total expenses$100
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$629K
Cash$341K
Investments$0
Liabilities$0
Net assets$629K
Liquid reserves40889.4 mo
6 years on record · 2020–2025 · YoY revenue +530.3%
leadership · form 990 part vii · fy2025

Who runs it

board members · 4
  • Evan Russo — Treasurer
  • Ezra Friedberg — Vice President
  • Michael Gervis — Director
  • Toby Kram — President
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.