What’s Going On With The Rabbinical College Of Telshe?

Here are some 990 IRS declarations from the Telshe Yeshiva in Ohio, which used to be one of the primary places of Haredi Torah learning in the United States. Here Here Here

Seems that R. Levitansky has alleged to have loaned the yeshiva money, and gets it paid back.
Two years in a row.
Also Barkin claims to have loaned $8000.

Also salary pages:
2007
R. Gifter Salary $10,795
2009
R. Levitansky salary $79,538

Other fiscal data, such as tuition income, runs similarly – R. Gifter did it better.

Rabbinical College of Telshe Inc 34-0801310
Transactions with Interested Persons
SCHEDULE L
Loans to and/or From Interested Persons.
2008
A. LEVITANSKY
(a) Name of interested person and purpose – no purpose given
(b) Loan to or from the organization? To
(c) Original principal amount $152,000
(d) Balance due $139,283
(e) In default? – no
(f) Approved by board or committee? No
(g) Written agreement” – no
M. BARKIN
(a) Name of interested person and purpose – no purpose given
(b) Loan to or from the organization? To
(c) Original principal amount $8,000
(d) Balance due $8,000
(e) In default? – no
(f) Approved by board or committee? – no
(g) Written agreement” – no
2009
A. LEVITANSKY
(a) Name of interested person and purpose – no purpose given
(b) Loan to or from the organization? – to
(c) Original principal amount $219,100
(d) Balance due $206,383
(e) In default? no
(f) Approved by board or committee? – no
(g) Written agreement” – no

So this is the simple loan calculation:
Two alleged loans in two years, total of $219,100.
Year 2008
Rav Lev [allegedly] loans the Yeshiva $152,000.
Over the year, he is repaid $12,717.
Year 2009, outstanding loan from year 2008 is $139,283.
In 2009 no loan repayment is made, but additional [alleged] loan is made for $ 67,100, which is close to his salary of 2009.

About Luke Ford

I've written five books (see Amazon.com). My work has been covered in the New York Times, the Los Angeles Times, and on 60 Minutes. I teach Alexander Technique in Beverly Hills (Alexander90210.com).
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