2019-07-14T07:41:53-07:00 2018-08-31 James A George PC 401 Edgewater Place Suite 190 Wakefield MA 01880 990 2017-09-01 300588290 Yad Chessed Fund Inc YADC 7814872693 440 Totten Pond Road Waltham MA 02451 EDWARD MUSMON TREASURER 7814872693 2019-05-01 true JAMES A GEORGE CPA CVA JD P00659906 7812458200 100.0.200.4 2019-07-14 07:41:45 PD P 3CF9CB4742A23E7926FABAC45FA1419926D80E16 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2017 2019-02-21 02:37:17Z EDWARD MUSMON PO Box 550252 North Waltham MA 02455 1062442 false X www.yadchessed.org X 2008 MA TO PROVIDE DIRECT EMERGENCY AND SUPPLEMENTAL ASSISTANCE TO PEOPLE IN FINANCIAL NEED IN GREATER BOSTON THROUGH A SYSTEM OF GRANTS AND LOANS, WHILE PRESERVING THE DIGNITY OF THE INDIVIDUAL RECIPIENT. 14 13 8 16 0 1193657 1056914 0 43 -17 3496 1461 1197196 1058358 627265 441210 0 530781 523913 0 102242 109956 91269 1268002 1056392 -70806 1966 513197 500018 29800 14655 483397 485363 To provide direct emergency and supplemental assistance to people false false 847962 441210 1461 THE FUND PROVIDES FINANCIAL ASSISTANCE TO INDIGENT INDIVIDUALS BY PAYING FOR NECESSITIES SUCH AS FOOD, HOUSING, UTILITIES, ETC. IT ALSO PROVIDED INTEREST FREE LOANS. THE ORGANIZATION ALSO ASSESSES THE NEEDS OF ALL THE APPLICANTS AND MAKES REFERALS TO OTHER AGENCIES, AS APPROPRIATE. THE FUND ASSISTED OVER 1,348 DURING THE FISCAL YEAR. 847962 true true false false false false false false false false false false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 8 0 8 true false false false false false false false false false false X 14 13 false false false false false false false true true false false true true true false false false false false false MA X X EDWARD MUSMON 7814872693 440 Totten Pond Road Waltham MA 02451 SANDFORD REMZ President 8.00 X X 0 0 0 NEAL KARASIC Vice President 6.00 X X 0 0 0 SUSAN AIN Director 1.00 X 0 0 0 ED MUSMON Treasurer 1.00 X X 0 0 0 JOYCE WERTHEIMER Clerk 1.00 X X 0 0 0 RANDI BERKOWITZ Director 1.00 X 0 0 0 LIANA BRODSKY Director 1.00 X 0 0 0 DAVID FARBMAN Director 1.00 X 0 0 0 SANDRA FISHER Director 1.00 X 0 0 0 MICHAEL GOLDBERG Director 1.00 X 0 0 0 SUSAN PODZIBA Director 1.00 X 0 0 0 LORI SILVER Director 1.00 X 0 0 0 KAREN TICHNOR Director 1.00 X 0 0 0 MEGGAN LEVENE Current Executive Director 40.00 X 0 0 0 SUZANNE W SCHULLER Former Executive Director 40.00 X 106090 0 0 ROBERT HOUSMAN Ex Officio 1.00 X 0 0 0 106090 1 false false false 0 1056914 1056914 43 43 4024 4084 -60 -60 -60 In-Kind Contributions 999999 1461 1461 1461 1058358 1461 -17 441210 441210 84464 25339 33786 25339 382633 306244 23167 53222 18077 7812 6770 3495 38739 27533 4731 6475 22408 0 22408 0 1242 696 273 273 27960 12127 7735 8098 29400 24402 2646 2352 357 311 34 12 1554 328 216 1010 2757 1960 608 189 Bank Fees 1834 0 57 1777 Other Expenses 3712 0 3712 0 Professional Development 45 0 45 0 1056392 847962 106188 102242 232311 194113 215336 215335 40000 10585 4560 3835 3450 51130 42560 513197 500018 14991 12065 14809 2590 29800 14655 X 480847 485363 2550 483397 485363 513197 500018 1966 X X false true X true false X 942756 1109217 1245868 1193657 1056914 5548412 942756 1109217 1245868 1193657 1056914 5548412 5548412 107 226 219 43 43 638 5549050 0.99990 0.99760 X 0 0 0 Gift Card Inventory 42060 Other Assets 500 42560 Outstanding Vouchers 2590 2590 X 1058358 1058358 1058358 1056392 1056392 1056392 Pt X, Line 2 The Organization is exempt from income taxes as a charitable Organization under Section 501(C)(3) of the Internal Revenue Code and is not classified as a private foundation. The Organization accounts for uncertainty in income taxes in accordance with ASC Topic, Income Taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statement regarding a tax position taken or expected to be taken on a tax return. The Organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at August 31, 2018. The Organization's information returns are subject to examination by the Federal and State jurisdictions and generally remain open for the most recent three years. false Assistance Through Food Gift Cards 0 258603 FMV Gift Cards Assistance Through Emergency Financial Distribution 0 150484 Other Expense Reimbursement Assistance Through Emergency Gift Cards 0 32123 FMV Gift Cards Pt VI, Line 11b The Form 990 is reviewed by the Chairman of the Board and the current Treasurer. Pt VI, Line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Pt XII, Line 2c The Board of Directors oversees the audit process.