Civic Intelligence

Share of New Square Inc

EIN 13-3475062 • 501(c)3 • Spring Valley, NY

Profile

Services to the eldery, ill, develompentally disabled and anyone facing a life challenge.

286 North Main StreetSpring Valley, NY 10977

chesed247.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.32x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

47th percentile

3.4%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

31st percentile

$193,515

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

54%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$15,587,302

Up $1,835,285 (+13%) from 2023

Liabilities

Up

$11,885,814

Up $1,455,633 (+14%) from 2023

Net Assets

Up

$3,701,488

Up $379,652 (+11%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin47th percentile

Revenue

Up

$37,281,074

Up $13,079,811 (+54%) from 2023

Expenses

Up

$35,997,105

Up $12,349,689 (+52%) from 2023

Net Income

Up

$1,283,969

Up $730,122 (+132%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $1,195,738Liabilities 2010: $1,140,584Net Assets 2010: $55,1542010Assets 2011: $1,067,405Liabilities 2011: $968,352Net Assets 2011: $99,0532011Assets 2012: $1,159,886Liabilities 2012: $787,194Net Assets 2012: $372,6922012Assets 2013: $2,635,665Liabilities 2013: $886,700Net Assets 2013: $1,748,9652013Assets 2014: $3,250,464Liabilities 2014: $1,075,358Net Assets 2014: $2,175,1062014Assets 2015: $4,492,784Liabilities 2015: $2,102,956Net Assets 2015: $2,389,8282015Assets 2016: $5,270,330Liabilities 2016: $3,407,048Net Assets 2016: $1,863,2822016Assets 2017: $5,490,438Liabilities 2017: $3,501,111Net Assets 2017: $1,989,3272017Assets 2018: $5,872,617Liabilities 2018: $3,253,539Net Assets 2018: $2,619,0782018Assets 2019: $7,187,009Liabilities 2019: $4,414,188Net Assets 2019: $2,772,8212019Assets 2020: $8,210,927Liabilities 2020: $5,917,376Net Assets 2020: $2,293,5512020Assets 2021: $10,692,839Liabilities 2021: $7,357,150Net Assets 2021: $3,335,6892021Assets 2022: $11,532,087Liabilities 2022: $8,775,343Net Assets 2022: $2,756,7442022Assets 2023: $13,752,017Liabilities 2023: $10,430,181Net Assets 2023: $3,321,8362023Assets 2024: $15,587,302Liabilities 2024: $11,885,814Net Assets 2024: $3,701,4882024

Highlighted filing

2024

Assets$15,587,302
Liabilities$11,885,814
Net Assets$3,701,488
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $4,023,0202010Expenses 2011: $4,074,8192011Expenses 2012: $4,345,6812012Revenue 2013: $6,338,881Expenses 2013: $4,962,608Net Income 2013: $1,376,2732013Revenue 2014: $6,191,760Expenses 2014: $5,765,619Net Income 2014: $426,1412014Revenue 2015: $7,045,556Expenses 2015: $6,830,834Net Income 2015: $214,7222015Revenue 2016: $7,931,468Expenses 2016: $8,458,014Net Income 2016: -$526,5462016Revenue 2017: $8,799,691Expenses 2017: $8,673,646Net Income 2017: $126,0452017Revenue 2018: $9,617,387Expenses 2018: $8,987,638Net Income 2018: $629,7492018Revenue 2019: $10,617,983Expenses 2019: $10,464,240Net Income 2019: $153,7432019Revenue 2020: $11,319,103Expenses 2020: $11,798,373Net Income 2020: -$479,2702020Revenue 2021: $16,535,923Expenses 2021: $15,493,785Net Income 2021: $1,042,1382021Revenue 2022: $19,046,509Expenses 2022: $19,432,916Net Income 2022: -$386,4072022Revenue 2023: $24,201,263Expenses 2023: $23,647,416Net Income 2023: $553,8472023Revenue 2024: $37,281,074Expenses 2024: $35,997,105Net Income 2024: $1,283,9692024

Highlighted filing

2024

Revenue$37,281,074
Expenses$35,997,105
Net Income$1,283,969
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,587,302
Liabilities
$11,885,814
Net assets
$3,701,488
Revenue
$37,281,074
Expenses
$35,997,105
Net income
$1,283,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$11.9$3.70$37.3$36.0$1.28
2023Detailed filing. Detailed filing data is available for this year.$13.8$10.4$3.32$24.2$23.6$0.55
2022Detailed filing. Detailed filing data is available for this year.$11.5$8.78$2.76$19.0$19.4$0.39
2021Detailed filing. Detailed filing data is available for this year.$10.7$7.36$3.34$16.5$15.5$1.04
2020Detailed filing. Detailed filing data is available for this year.$8.21$5.92$2.29$11.3$11.8$0.48
2019Detailed filing. Detailed filing data is available for this year.$7.19$4.41$2.77$10.6$10.5$0.15
2018Detailed filing. Detailed filing data is available for this year.$5.87$3.25$2.62$9.62$8.99$0.63
2017Detailed filing. Detailed filing data is available for this year.$5.49$3.50$1.99$8.80$8.67$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.27$3.41$1.86$7.93$8.46$0.53
2015Detailed filing. Detailed filing data is available for this year.$4.49$2.10$2.39$7.05$6.83$0.21
2014Detailed filing. Detailed filing data is available for this year.$3.25$1.08$2.18$6.19$5.77$0.43
2013Detailed filing. Detailed filing data is available for this year.$2.64$0.89$1.75$6.34$4.96$1.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.79$0.37$4.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.97$0.10$4.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$1.14$0.06$4.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$38,117,299
Mission and Program Overview

Mission

To provide services to the elderly, ill, developmentally disabled, and anyone facing challenges in life.

Share of New Square, Inc (the Organization) operates Community Habilitation, Day Habilitation, Respite, Individual Residential Alternative, and other programs for developmentally disabled individuals, in Rockland County, New York. The Organization also uses the names Chesed of New Square, Chesed 24/7, and Share 24/7. These programs provide hospital visits, transportation to hospitals, as well as meals and activities for the impoverished elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,950,085$6,982,838▲ $32,753
Accounts Receivable$3,910,662$5,763,145▲ $1,852,483
Cash and Non-Interest-Bearing Accounts$173,247$698,241▲ $524,994
Pledges and Grants Receivable$693,308$68,989▼ $624,319
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$13,074,424$15,587,302▲ $2,512,878
Other Assets Total$1,347,122$2,074,089▲ $726,967
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,582,451$5,573,400▼ $9,051
Accounts Payable and Accrued Expenses$3,900,531$4,311,320▲ $410,789
Other Liabilities$1,173,923$1,818,892▲ $644,969
Deferred Revenue-$182,202-
Total Liabilities$10,656,905$11,885,814▲ $1,228,909
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,367,519$3,701,488▲ $1,333,969
Net Assets With Donor Restrictions$50,000--
Total Net Assets Fund Balance$2,417,519$3,701,488▲ $1,283,969
Total Liabilities and Net Assets / Fund Balance$13,074,424$15,587,302▲ $2,512,878

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,264,223-$2,789,223
Buildings$1,760,088$638,975$2,399,063
Equipment$716,595$528,232$1,244,827
Other Land Buildings$225,690$275,874$501,564
Leasehold Improvements$16,242$204,873$221,115
Other Assets Org$193,331--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jacob GreenbergProgram DirectorFT$193,515$193,515
Arthur SabelChief OperatingFT$183,679$183,679
Shulim GreenbergExecutive DirectorFT$169,320$169,320
Debra AdlerFundraising DirectorFT$168,807$168,807
Binyamin SandersDevelopment DirectorFT$156,617$156,617
Avraham Meshulim MullerFundraising Mngr.FT$155,739$155,739
Yosef BaumProgram SupervisorFT$139,624$139,624

Board Members and Trustees

NameTitle
Jacob GoldmunzerPresident
Zev SpitzerBoard Member
Yakov BuxbaumSecretary
Aron GrunwaldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Unlimited HeightsStaffing Agency34 Franklin Ave 318, Brooklyn, NY 11205$1,195,422
Succeed ResourcesStaffing Agency1517 54th St, Brooklyn, NY 11219$1,107,338
Stride SupportStaffing Agency4502 13 Ave, Brooklyn, NY 11219$987,585
Mount ResourcesStaffing Agency4403 15th Ave Suite 499, Brooklyn, NY 11219$751,952
Wordsmiths ServicesStaffing Agency1338 49th St, Brooklyn, NY 11219$598,107
Revenue and Support

Revenue Composition

Contributions and Grants
$5,316,427
Program Service Revenue
$32,533,444
Investment Income
$108,782
Other Revenue
$-677,579
All Other Contributions
$2,789,771
Change in Net Assets
$1,283,969

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Food Inventory$1,008,659Fair Market Value (FMV)
Other Non Cash Contri Table$388,530-
Real Estate Other$32,000Fair Market Value (FMV)
Total Noncash Contributions$1,429,189-

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,281,074
Total Revenue per Audited Statements
$37,281,074
Total Revenue per Form 990
$37,281,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,349,040
Salaries, Compensation, and Employee Benefits$15,648,065
Total Fundraising Expense$1,383,577
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,459,198$942,156$101,344$13,502,698
Fees for Services Other$9,834,278$579,606-$10,413,884
All Other Expenses$1,435,756$404,969$162,541$2,003,266
Occupancy$1,001,264$386,431-$1,387,695
Payroll Taxes$989,198$106,726$13,611$1,109,535
Other Employee Benefits$608,775$65,682$8,376$682,833
Other Expenses$586,266$86,768$66,403$673,034
Advertising$151,049$12,150$322,275$485,474
Depreciation Depletion$353,217$12,847$5,350$371,414
Current Officers, Directors, Trustees, and Key Employees$291,583$52,950$8,466$352,999
Interest$145,840$113,751-$259,591
Insurance$67,775$145,233-$213,008
Total Functional Expenses$31,672,791$2,940,737$1,383,577$35,997,105

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$35,997,105
Total Expenses per Audited Statements$35,997,105
Total Expenses per Form 990$35,997,105
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$836,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$2,288,837-$750,158-
Total Events$2,288,837-$836,225$-836,225
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jacob J GreenbergChild of EDSalaryNo$193,515
Eva GreenbergSpouse of EDSalaryNo$137,558
Efraim GreenbergChild of EDSalaryNo$122,281
Leah GreenbergDaughter in lawSalaryNo$42,972
Sarah FrankChild of EDSalaryNo$33,689
Israel GreenbergChild of EDSalaryNo$30,823
Gitel GreenbergDaughter in lawSalaryNo$28,667
Samuel FrankSon in Law of EDSalaryNo$14,933
Rivky GreenbergChild of EDSalaryNo$12,665

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liabilities$1,785,451
Line of Credit$33,441
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Theexecutivedirectorsignsform990baseduponthecontrollers review.”

Form 990, Part VI, Section B, Line 12C

“Theconflictofinterestpolicyismadeknownandavailabletoemployeesandtheboardannually.if an employee or board member becomes aware of a conflict of interest, they must notify the compliance officer or a member of management immediately.”

Form 990, Part VI, Section B, Line 15A

“Wecontractedanindependentstudyofexecutivecompensationatotheragencies in 2023,todeveloparangeof appropriatecompensationforourexecutivedirector.”

Form 990, Part VI, Section B, Line 15B

“Wecontractedanindependentstudyofexecutivecompensationatotheragencies in 2023,todeveloparangeof appropriatecompensationforourchief operating officer.”

Form 990, Part VI, Section C, Line 19

“Ourfinancialstatementsareavailableonthewebsiteofthenewyorkstatedepartmentoflaw charitiesbureau.”

Filing and Contact Details

Filer

Filer Name
Share of New Square Inc
EIN
13-3475062
Phone
8453543233
Address
286 NORTH MAIN STREET, SPRING VALLEY, NY 10977

Signing Officer

Name
Shulim Greenberg
Title
Executive Director
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shulim Greenberg
Formed
1990
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
711
Volunteers
1,618

Preparer

Firm
Zelin & Associates CPA LLC
Address
555 8th Ave Ste 2203, New York, NY 10018
Preparer
Steven Zelin CPA
Phone
6466784496
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization has adopted the provisions of the Financial Accounting Standards Board's ("FASB") ASC Topic 740, Income taxes, relating to accounting and reporting for uncertainty in income taxes. Management has determined that there are no material uncertain tax provisions that require recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 686 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0DAY HABILITATION (HCBS CHILDREN'S WAIVER): A DAYTIME PROGRAM THAT FURTHERS CONSUMERS' INDIVIDUAL GOALS OF IMPROVING LIVING SKILLS, INTEGRATING INTO LOCAL COMMUNITIES AND RAISING QUALITY OF LIFE BY PROVIDING ALL AVAILABLE RESOURCES NECESSARY.CHESED 24/7 PROVIDES MEALS, FOOD PANTRY, TRANSPORTATION, AND MEDICAL SUPPLIES TO PEOPLE WITH ILLNESSES AND TO FAMILY MEMBERS WHO HAVE LOVED ONES IN HOSPITALS. CHESED 24/7 OPERATES AND MAINTAINS HOSPITALITY ROOMS IN 19 HOSPITALS IN THE TRISTATE AREA.
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