B'NAI B'RITH III INC

EIN: 043562784 501(c)(3) Housing & Shelter

BRIGHTON, MA

Total Revenue
$586,771
Total Expenses
$710,123
Total Assets
$3,463,104
Net Assets
$-2,417,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MA
Principal Officer
BURT GESSERMAN
Phone
6172778932
Tax Period
2023-01-01 to 2023-12-31

B'NAI B'RITH III INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $587K in total revenue in fiscal year 2023. Expenses of $710K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE ELDERLY OR DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE HEALTH, SAFETY, HAPPINESS, AND USEFULNESS IN LONGER LIVING, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE, AND OPERATION THEREOF ON A NONPROFIT BASIS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $578,715
Investment Income $5,329
Other Revenue $2,727
TOTAL REVENUE $586,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $644,995
Other Expenses $710,123
TOTAL EXPENSES $710,123

Year-over-Year Comparison

2023 2022 Change
Revenue $586,771 $564,491 +0.0%
Expenses $710,123 $672,826 +0.1%
Net Income $-123,352 $-108,335 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$351,342
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDRA PHILIPS DIRECTOR 1.00
Director
$0 $0 $0
BURTON GESSERMEN PRESIDENT 1.00
Officer Director
$0 $0 $0
CALANDRA CLARK DIRECTOR 1.00
Director
$0 $0 $0
DAVID ABROMOWITZ DIRECTOR 1.00
Director
$0 $0 $0
DEAN SIFLINGER DIRECTOR 1.00
Director
$0 $0 $0
EDWARD ZUKER DIRECTOR 1.00
Director
$0 $0 $0
ELEANOR WHITE DIRECTOR 1.00
Director
$0 $0 $0
GIOVANNY VALENCIA DIRECTOR 1.00
Director
$0 $0 $0
HINDELL GROSSMAN CLERK 1.00
Officer Director
$0 $0 $0
IGOR VINUKUROV DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER RAITT DIRECTOR 1.00
Director
$0 $0 $0
KELLY CRONIN DIRECTOR 1.00
Director
$0 $0 $0
MARK OLSHANBBI DIRECTOR 1.00
Director
$0 $0 $0
MARK RAVERA DIRECTOR 1.00
Director
$0 $0 $0
MARVIN SIFLINGER PRESIDENT EMERITUS 1.00
Officer Director
$0 $0 $0
MOLLY GOODMAN ASSISTANT CLERK 1.00
Director
$0 $0 $0
RICHARD HENKEN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GOLDEN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT SKLOFF TREASURER 1.00
Director
$0 $0 $0
SONIA MICHELSON DIRECTOR 1.00
Director
$0 $0 $0
SUSAN L GITTELMAN OUTGOING EXECUTIVE DIRECTOR 1.00
Officer
$0 $12,150 $351,342
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $586,771 $710,123 $3,463,104 $-123,352
2022 $564,491 $672,826 $3,624,899 $-108,335
2021 $558,259 $655,781 $3,706,497 $-97,522
2020 $511,509 $698,515 $3,868,897 $-187,006
2019 $531,572 $670,080 $4,077,985 $-138,508
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