Young Leaders Board Raises Funds for FIDV

With a background in law, Eitan Misulovin serves as the manager of a New York based physical commodity trading company. Outside of his professional life, Eitan Misulovin is a philanthropist who supports the work of the nonprofit group Friends of Israel Disabled Veterans (FIDV) Beit Halochem.

FIDV Beit Halochem connects Israeli Army veterans with disabilities to the resources they need to live full, happy lives. This includes establishing rehabilitation centers where veterans can participate in sports and cultural training programs and socialize with others who have had similar experiences. 

Within the leadership of FIDV Beit Halochem is the Young Leaders Board - a committee of 50 young FIDV members with a particular interest in millennial outreach. In the five years since its establishment, the Young Leaders Board has raised an impressive $300,000 for wounded Israeli veterans. The group annually hosts fundraising projects to support FIDV. 

The next notable event for the Young Leaders Board and FIDV Beit Halochem will be a Gala Dinner at the Museum of Jewish Heritage on May 21, 2019. For more information, visit fidv.org.

Commodity Futures - An Overview

New York-based executive Eitan Misulovin takes part in philanthropic activities that include support of Friends of Israel Disabled Veterans-Beit Halochem and Chabad Young Professionals UES. Professionally, Eitan Misulovin has achieved success as a developer and manager in the real estate sector. 

In addition to his real estate work, Mr. Misulovin serves as a manager at Pinnacle Fuel LLC. Founded in 2012, Pinnacle Fuel is a merchant of physical commodities that engages in the procurement, blending and logistics of physical petroleum products and offers a variety of blend stocks and finished goods to its clients. Together, these services support the firm’s commodity trading activities and help expand its reach to end users worldwide. 

Rather than trade stocks or bonds, commodity trading firms deal in commodities, basic goods that are uniform across the marketplace, such as gold, oil, natural gas or metals. Investors may use one of several means to access commodity markets. These include investing in the stock of companies involved in a specific commodity market, such as an oil company. Likewise, some exchange traded funds, mutual funds, and index funds invest in commodity markets. 

Futures stand as one of the more common commodity trading techniques. A “future” is a contract in which a buyer and seller agree to a set price for a commodity. However, the actual transaction does not occur until a predetermined date. Buyers benefit from this approach in that they can avoid price fluctuations, while sellers lock in guaranteed prices.

Futures allow huge returns for investors on the right side of trades, but they are very volatile and carry a great deal of risk. Investors often include options in a futures contract that allow losses to be minimized if the price of the commodity does not move in the anticipated direction.

Types of Real Estate Investments

Seasoned executive Eitan Misulovin has more than 15 years of experience in wholesale distribution, trade, and marketing of petroleum products worldwide. Also an entrepreneur and real estate investor, Eitan Misulovin has made investments for acquisition, discovered unique properties, and managed structural upgrades to existing buildings. 

Here are some types of real estate investments. 

1. Houses, townhouses, apartment buildings, and vacation homes are all residential real estate investment properties, where the owner is paid by people who will live in the building. The owner and residents sign a lease agreement for a pre-determined length of time, with 12-month leases being the most common. 

2. Retail real estate investments often involve multi-year leases, providing a stable cash flow for the owner. Besides base rent, retail property owners also may get a percentage of the tenant’s sales. 

3. Mixed-use real estate investment properties combine types of real estate within one project. Because this type of investment is diversified, there is less risk for investors.

What is the 637 Registration Program

Serving as manager of Pinnacle Fuel LLC, accomplished business executive Eitan Misulovin takes charge of the company’s chain of operations. Eitan Misulovin’s responsibilities include business development, procurement, marketing and distribution. As a large supplier of petroleum products, Pinnacle is a registered 637 Program party.

Under the Internal Revenue Code, all entities that engage in activities that relate to excise tax must obtain registration with the Internal Revenue Service (IRS) before starting those activities. On the other hand, in order to receive the benefits of the excise tax, whether in buying or selling tax-free goods or filing an excise tax claim, all entities must first obtain registration with the IRS as well. To apply under this program, the entity must submit a duly accomplished IRS Form 637, also known as Application for Registration (For Certain Excise Tax Activities).

In the IRS Form 637, the applicant finds a list of activities allowed to register under the program. The applicant may apply and be approved for its relevant activities accordingly. To be registered and retained under the program, registered entities must continuously comply with the standards and rules, which the IRS refers to as “registration tests.” Depending on an entity’s activity, registration tests may include periodic audits by the government, as well as surprised inspection of the business premises during normal operating hours. Ongoing reporting of activities with proper approved counterparts is a requirement. Further, compliance with the stringent rules and regulations set forth by the government are keys to the benefits of ownership and use of Form 637 for approved parties.