A big chunk of Trumps net worth figure comes from high valuations he bestows on his golf course properties. By any stretch, Trump is rich. View new updates on Shlomo Mintz's earnings, income, bio, and facts below Car donations to charities seem like a win-win proposition. In fact, a New York state political official accuses Trump of doing exactly that. Kars4Kids raises money by accepting donations of cars and real estate and then selling them. In the summer of 2007, 31 undocumented workers doing work for a subcontractor at Oorah's summer camp were arrested in a raid by ICE and local law enforcement. Fortunately, Oorahs cash-based program spending percentage was 74% in 2015, which is above CharityWatchs reasonableness benchmark of 60%. Eliyohu Mintz. Why would they try to do this to us when their main emphasis is on Jewish outreach?. And he appears to be reporting gross revenue. Shlomo Mintz is Israeli Violinist with an estimated net worth of $100,000 - $1M. Eliyahu Mintz - My thoughts on politics. Oorahs two largest programs are its summer camps and tuition assistance programs for Jewish children, according to the OAG, with the camps being operated at two New York locations. Eliyohu Mintz CEO at Kars4Kids and Oorah Lakewood, New Jersey, United States 6K followers 500+ connections Join to view profile Kars4kids Websites About Since age 9, I've been involved in charity. Rent value for a two bedroom unit in the zip code 08701 is estimated at $1,380 a month. The situation soured in 2013 when Oorah wanted to turn the sanctuary where Young Israel members worshipped into classroom space. unread, Oct 14, 2011, 2:04:20 PM 10/14/11 . Continue with Recommended Cookies, Your email address will not be published. Largely self-taught, Eliyohus innate leadership qualities and marketing genius allowed him to grow Kars4Kids from a small local outfit to the nationally recognized organization and car donation program it now is. Costly and Continuous Kars4Kids Ads Disguise Charity's Real Purpose The groups pay for summer camps, schools and other programs for Jewish children and families. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Stamford, New York. Levenberg argues that Trump undervaluing the property is taking money away from children in the local Briarcliff School District. 2023 NYP Holdings, Inc. 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Especially costly were Kars4Kids and Oorahs real estate investments in an alleged Ponzi scheme in which they were victimized and lost more than a combined $7.6 million in 2009 and 2010. He believes that this tenacity and determination to succeed by overcoming his own adversities brings unique skill sets critical to ensuring his clients get the right result. The TV spot has aired on popular networks such as ESPN and Fox News and has been viewed over 880,000 times on YouTube, with each play of its earworm jingle lightheartedly encouraging people to donate your car today. By now, you are probably (begrudgingly) familiar with the Kars4Kids jingle, but just how familiar are you with how Kars4Kids spends the money it makes from all those kars that get donated 4 kids? The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Oorah renovated the synagogue building and, for some of that work, it hired a company that Stadler partly owned. Net income $16,504,108; Notable sources of revenue: Percent of total revenue: Contributions: $107,313,885 > 100% Program services: $0: Investment income . Extracted financial data is not available for this tax period, but Form 990 documents are available for download. While supporting Orthodox Jewish organizations is a worthy endeavor for those donors who are intending to do so, many donors of other faiths may not be pleased to learn that the car they donated to Kars4Kids may have funded religious teachings that are in conflict with their own faith or personal beliefs. This time, the resolution is a demand that Israel drop the sanctions the Netanyahu administration levied on the PA, due to terror. The OAG compliance review also provides a broader geographical breakdown by region (Northeast, South, Midwest and West) showing that 79% of the children that benefitted from Oorahs summer camps and tuition assistance programs lived in the Northeast; less than 10% lived in the Midwest and West combined. We don't have much information about He's past relationship and any previous engaged. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. Give them [], It isnt uncommon to see employees work at nonprofits for only a few years before moving on. You are here: Home. Eliyohu Mintz. Even with Oorahs very reasonable rate of program spending, though, once Oorahs and Kars4Kids overhead expenses are considered in aggregate, only about 38% of Kars4Kids donated car proceeds were spent on bona fide programs in 2015. 2~4 The charity took in $34.7 million worth of cars and land in 2014 and spent $14 million on ads promoting its "1-877" phone number, public records show. Oorah Kiruv Rechokim, Inc (Hebrew: ; "awaken and bring in those who are far"), better known as Oorah is an incorporated Orthodox Jewish outreach (kiruv) organization, founded in 1980 "with the goal of awakening Jewish children and their families to their heritage. ", "Al Jazeera Lied: No Lawsuit has been Filed at the ICC Against Israel", "Ayman Odeh Proves that Israel is Not an Apartheid State", U Chicago Academics Call for Halt to In-Person Protest of IDF Veterans Class, Supreme Court Wont Hear Antisemitic BDS Case, Undercover Investigation Reveals Election Manipulation by Israeli Team, UN Resolution Against Israel Supported by 90 Countries, Biden Delays Implementation of Executive Order on Combatting Antisemitism, Official UK Education Union Publication Spreads Lies About Israel, Israeli Arab Confesses to Twin Jerusalem Bus bombings. There is a huge difference between that and net income. ", Oorah, Inc. was founded by Rabbi Chaim Mintz and is based in Lakewood. He and Charles Siebert were both in the cast of the 1968 to 1969 Broadway production of Jimmy Shine. A charity that uses a donated vehicle for transportation or hauling goods obviously benefits directly from such a donation. Having a conversation with them in private to outline the [], Ensuring long term success is the goal of every organization, and while creating a loyal base with marketing strategies aimed at getting your message out to the public, long term success is simultaneously on the forefront of the organizations minds. yps homeaway charge on credit card - stmatthewsbc.org It promotes family support and development. WEDDING; Alexis Hilton, Philip Mintz - The New York Times If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. This story has been shared 177,659 times. One of their main programs involves an anthropomorphic $5 bill, named Fiveish, who is characterised by positive Jewish behaviours. Its really an art form in pricing golf assets because each one is so unique.. Everyone did. But when he wants to get taxes reduced hell tell you its worth $2.95.. Site Management eliyohu mintz net worth Kars4Kids also released a free smartphone app in mid-2014 designed as a safety alert for parents to remind them not to leave young children in the backseat of hot cars. Required fields are marked *. Annual financial filings, mission statements and similar information donors care about are published online, and quarterly e-newsletters keep donors and stakeholders informed. May 31, 2016 | No Comments. Their conclusion: the real estate magnates bottom line what he actually puts in his own pocket could be much lower than he suggests. Day-to-day operations are overseen by his son, Rabbi Eliyohu Mintz of New Jersey.[3][4][5]. Pence releases decade's worth of tax returns - Eliyohu Mintz The effect of this misreporting is significant, according to the OAG compliance review, [i]t makes it appear that Kars4Kids spends more of its revenue on charitable programming and less on fundraising expenses than is actually the case., The OAG found that Kars4Kids failed to include approximately $9.7 million of vehicle processing expenses in total from 2012-2014 on its IRS Form 990 filings. In connection with Kars4Kids failure to disclose in its ads that donated cars are used to benefit children of a specific religion, and not needy children in general, Kars4Kids paid tens of thousands of dollars in settlements to the states of Oregon and Pennsylvania in 2009. Mr. Mintz, 34, is a vice president for mergers and acquisitions at Merrill Lynch & Company, the New York investment bank. The Guardian broke the story after conducting , UN resolutions against Israel are a dime a dozen and also meaningless because they have no force of law. If he is swimming in so much cash for all his holdings why is he selling this stuff to raise cash? asked another ultra-high net worth individual who also reviewed the filings and declined to be identified by name to avoid Trumps wrath. Eliyohu Mintz Eliyohu Mintz CEO at Kars4Kids and Oorah Published May 7, 2018 . [8] Camp director Eliyohu Mintz stated that the organization was not aware that the workers lacked employment authorization. Members are what keep your nonprofit afloat, and keeping them active and interested is what can make or break your nonprofit. Kars4Kids low rate of program spending is also particularly concerning given that the vast majority of Kars4Kids program expenses consist of grants to its sister charity, Oorah, which runs the educational, developmental, and recreational programs for Jewish youth and their families funded by Kars4Kids, per its mission. Whenever Sean would visit Michael Jackson when he was a kid, Mintz would pick up Sean at the airport and drive him to Jackson's house. I know Donald, Ive known him a long time and it gets under his skin if you start writing about the reasons he wont disclose his returns, said one prominent hedge fund manager who declined to be identified by name so as not to draw Trumps ire. Oorah operates and/or funds 49 individual programs that target Jewish outreach (Kiruv) and learning, family support, personal growth, and relationship counseling. Shady accounting underpins Trump's wealth - Eliyohu Mintz Therefore, the proceeds Kars4Kids generates from car donations get another hair cut when they make their way to Oorah. Synagogue members say Stadler had no authority to make the 2007 deal changing its deed. Maybe hes just a lousy businessman who doesnt want you to find out that hes worth a lot less money than he claims.. All the MKs were having their photos taken as they arrived for the swearing in ceremony for the 25th Knesset, for later use next to their bios on the Knesset website. Oorah, Kars4Kids sister charity, is the organization that actually runs the educational, developmental, and recreational programs for Jewish youth and their families described in Kars4Kids mission statement. For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits. The contretemps began at the beginning of February, when SJP members tried to , The Supreme Court declined to hear an appeal by the Arkansas Times on Tuesday in its lawsuit against the trustees of the University of Arkansas (U of A) after a longtime advertiser in 2018 called the paper to certify that it does not boycot Israel, as per state law. The figure for Trumps golf properties is much higher than recent golf property sales would appear to support. eliyohu mintz net worth . If the truth about Kars4Kids mission as a Jewish organization and its funding of Oorahs Orthodox Jewish outreach is an unwelcome surprise to some donors, perhaps they will be comforted to learn that since 2010, Kars4Kids also has conducted various charity events and giveaways for the benefit of needy children, regardless of their religious affiliation. And it is a line of attack Democrats are already using and hope to pound away on until November. The dispute is now in state Supreme Court in Staten Island. Share to Twitter Share to Facebook Share to Pinterest Tax authorities dont take into account what the underlying land might be used for under another owner, along with other variables. JBriones@mintz.com. If this organization aligns with your passions and values, you can give with confidence. This order had been a major milestone, codifying important rules under which Jewish students receive civil rights protections in American , According to media watchdog Honest Resporting, Britains National Education Union (NEU) is spreading lies and disinformation about Israel through its official magazine Educate, the NEUs bimonthly magazine. Reuters reported the story. The financial disclosure form showed Trump adding fresh debt of at least $50 million, though a campaign press release said Trump was using increased revenue to reduce his debt, which now stands at at least $315 million and possibly over $500 million. Shlomo Mintz's Net Worth in 2022 - Money, Earnings, Income But that's only if you never met his steely determination, ravenous ambition and brilliant creative mind. Duplicated download links may be due to resubmissions or amendments to an organization's original return. Taxable trusts and private foundations that are required to file a form 990PF are also included. This can be extremely frustrating for every employer. An important question potential donors should ask, though, is: Just how much do kids benefit from the cars donated to Kars4Kids? The problems began in 2007 when Young Israel synagogue founder Sidney Stadler reached a secret deal to add Oorah to the synagogues deed in exchange for $250,000, legal papers charge. We dont know what Trump pays in taxes because he is the first Presidential nominee in 40 years to refuse to disclose his tax returns, Warren said in a fiery speech last week, followed by an extended Twitter war with the presumptive GOP nominee. 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