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South Providence Hebrew Free Loan

Greater Providence Hebrew Free

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050277510 ✦ Warwick, RI ✦ Designated as a 501(c)(3)

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Overview

What is South Providence Hebrew Free Loan?

South Providence Hebrew Free Loan is a charitable organization, rooted in Jewish values, situated in Warwick, Rhode Island. Its primary function is to extend interest-free loans to individuals who demonstrate a genuine need. This nonprofit organization aims to assist those in need with financial aid, contributing positively to their lives.

Is South Providence Hebrew Free Loan legitimate?

South Providence Hebrew Free Loan is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Providence Hebrew Free Loan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,965

For more financial information, click here

What is the mission statement of South Providence Hebrew Free Loan?

South Providence Hebrew Free Loan is a nonprofit organization that provides interest-free loans to individuals in need. Their mission is centered around offering financial assistance to those who demonstrate a genuine requirement for such aid. By providing these interest-free loans, the organization aims to alleviate financial burdens and offer a helping hand to those in need. It operates as a charitable institution, offering financial aid without charging interest, thereby easing the financial struggles of its recipients.

Who is the CEO of South Providence Hebrew Free Loan?

Barry Schiff is the President of South Providence Hebrew Free Loan.

What is the revenue of South Providence Hebrew Free Loan?

South Providence Hebrew Free Loan's revenue in 2020 was $7,517.

Who are the executives of South Providence Hebrew Free Loan and what are their salaries?

The average compensation at South Providence Hebrew Free Loan during 2020 was $11,965. There is 1 employee and 8 volunteers at South Providence Hebrew Free Loan.


Here are 4 key members and their salaries:


Jeffrey Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott Pritikin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Schiff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Ackerman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Providence Hebrew Free Loan?

South Providence Hebrew Free Loan's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of South Providence Hebrew Free Loan

South Providence Hebrew Free Loan is a charitable organization with a distinctive mission. Its primary goal is to provide interest-free loans to individuals who demonstrate a genuine need. By offering these no-interest loans, the organization aims to assist those in financial distress, enabling them to meet their essential needs and overcome temporary financial obstacles. This Jewish nonprofit organization believes in the importance of lending a helping hand to its members during challenging times, thereby promoting financial stability and well-being.

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Impact




August, 2024

South Providence Hebrew Free Loan's impact is providing interest-free loans to members who demonstrate financial need. This support enables individuals to access funds for various purposes without the burden of high interest rates, helping them overcome financial challenges and achieve their goals. This initiative plays a crucial role in fostering financial stability and empowerment within the community, ultimately contributing to the overall well-being of individuals and families in need.




This information is meant to be a general summary of South Providence Hebrew Free Loan. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,517 (2020)
Expenses
$26,336 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $1,791
  • Gross Receipts: $7,517

Assets and Liabilities:

  • Total Assets: $741,975
  • Total Liabilities: $0
  • Net Assets: $741,975

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Organization Details

Founding Year

1913

Principal Officer

Barry Schiff

Main Address

2845 POST ROAD, Warwick, RI, 02886

NTEE Category

Code: P60Z - Human services

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