Hadassah, The Women's Organization of America, Inc. ("HWZOA") is a not-for-profit organization exempt under U.S. Internal Revenue Code Section 501(c) (3). The Consolidated Financial Statements include the accounts of HWZOA and its related entities ("Hadassah").
Related entities comprise the following:
Hadassah Medical Relief Association, Inc. ("HMRA") U.S. not-for-profit 501 (c) (3)
As discussed in note 13 of the consolidated audit report, effective January 1, 2009, Hadassah recorded its interest in the net assets held by HMO under the equity basis of accounting.
Since HWZOA, HMRA and HF are separately incorporated U.S. not-for-profit 501 (c) (3) organizations they are each required to annually file their own IRS Form 990. Intercompany transactions between these related entities are eliminated in the consolidated financial statements but not on the separate Forms 990. It is important that the public should not simply total the financial data reported on the three separate IRS Forms 990 (HWZOA, HMRA and HF), as doing so will not give the reader an accurate interpretation of Hadassah's overall financial picture because the intercompany transactions are not eliminated.
We encourage the public to view Hadassah's Consolidated Audit Report, paying close attention to the financial footnotes, in order to get the most comprehensive interpretation of the organization's financial health.
Please be aware that Hadassah also files an IRS Form 990 for HWZOA-Group. This represents the HWZOA Chapters which operate under a Group exemption.
2012 Annual Report and downloadable forms:
Hadassah Annual Report 2012
2011 Downloadable Forms:
Hadassah, The Women's Zionist Organization of America ("HWZOA") - (2011 Form 990) (2011 Form 990T)
2010 Downloadable Forms:
Hadassah, The Women's Zionist Organization of America ("HWZOA") - (2010 Form 990) (2010 Form 990T)