Hebrew Free Loan Society Of Greater Philadelphia

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

EIN: 232328233 ✦ Elkins park, PA ✦ Designated as a 501(c)(3)

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Overview

What is Hebrew Free Loan Society Of Greater Philadelphia?

The Hebrew Free Loan Society of Greater Philadelphia is a nonprofit organization situated in Elkins Park, Pennsylvania. Its primary mission is to extend interest-free loans to Jewish individuals and those serving the local Jewish community in Philadelphia and its surrounding Pennsylvania and New Jersey counties. This venture aims to help these individuals and their families enhance their lives and achieve financial stability, all while preserving their dignity. The society offers these loans without charging interest, thereby alleviating financial burdens and enabling personal growth within the Jewish community.


Official website here: www.hflphilly.org

What do the Facebook reviews say about Hebrew Free Loan Society Of Greater Philadelphia?

While the Hebrew Free Loan Society of Greater Philadelphia currently has no formal ratings, the reviews highlight a strong sentiment of support and appreciation for the organization. One individual shared a personal story reflecting on how the society significantly aided a family from Russia in their transition to life in Philadelphia. This testimony emphasizes the nonprofit's commitment to community support and the values it promotes within the Jewish tradition.

This sentiment indicates that those who are familiar with the nonprofit see it as a vital resource for new arrivals and a model of social responsibility. The focus on mutual aid aligns closely with the core values of Judaism, which the reviewer believes the organization embodies well.

Overall, the feedback showcases a positive perception of the Hebrew Free Loan Society's mission and effectiveness in helping those in need, suggesting that the organization truly fulfills its promise to the community.


This AI summary has been generated from reviews found on Facebook.

Is Hebrew Free Loan Society Of Greater Philadelphia legitimate?

Hebrew Free Loan Society Of Greater Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Free Loan Society Of Greater Philadelphia 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: $0

For more financial information, click here


Official website here: www.hflphilly.org

What is the mission statement of Hebrew Free Loan Society Of Greater Philadelphia?

The Hebrew Free Loan Society provides interest-free loans to Jewish individuals and those serving the local Jewish community in Philadelphia and its surrounding Pennsylvania and New Jersey counties. The primary goal is to assist these individuals and their families in improving their lives and achieving greater financial stability, all while preserving their dignity. By offering interest-free loans, the society aims to alleviate financial burden and empower its recipients, enabling them to overcome various financial challenges. The organization's mission is aligned with fostering a sense of community and support within the Jewish community.


Official website here: www.hflphilly.org

Who is the CEO of Hebrew Free Loan Society Of Greater Philadelphia?

Amy Krulik is the Director of Hebrew Free Loan Society Of Greater Philadelphia.


Official website here: www.hflphilly.org

What is the revenue of Hebrew Free Loan Society Of Greater Philadelphia?

Hebrew Free Loan Society Of Greater Philadelphia's revenue in 2022 was $115,604.


Official website here: www.hflphilly.org

Who are the executives of Hebrew Free Loan Society Of Greater Philadelphia and what are their salaries?


Here are 13 key members and their salaries:


Justin Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arik Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshal Granor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamar Granor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Krulik (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bara Levitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold F Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Roffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Shupak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Slutsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Tabak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hflphilly.org

Where can I find the form 990 for Hebrew Free Loan Society Of Greater Philadelphia?

Hebrew Free Loan Society Of Greater Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hflphilly.org

Learn more at the official website: www.hflphilly.org

Mission Statement of Hebrew Free Loan Society Of Greater Philadelphia

The Hebrew Free Loan Society of Greater Philadelphia is dedicated to providing interest-free loans to Jewish individuals and those serving the local Jewish community, residing in Philadelphia and its surrounding Pennsylvania and New Jersey counties. This nonprofit organization's mission is to enable these individuals and their families to enhance their lives and achieve greater financial stability while preserving their dignity. By offering interest-free loans, the Hebrew Free Loan Society of Greater Philadelphia aims to provide a helping hand to those in need, fostering a sense of support and community within the Jewish community.

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Impact




October, 2024

The Hebrew Free Loan Society of Greater Philadelphia significantly enhances the lives of Jewish individuals and those serving the local Jewish community by offering interest-free loans. This support allows borrowers to tackle financial challenges without the burden of high interest rates, fostering an environment where they can achieve greater financial stability. The loans empower individuals to improve their circumstances while maintaining their dignity, encouraging personal growth and resilience. Through its dedicated service in Philadelphia and surrounding areas in Pennsylvania and New Jersey, the organization plays a crucial role in strengthening the community by providing vital resources that enable families to thrive.




This information is meant to be a general summary of Hebrew Free Loan Society Of Greater Philadelphia. 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
$115,604 (2022)
Expenses
$91,382 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $12,765
  • Gross Receipts: $115,604

Assets and Liabilities:

  • Total Assets: $1,074,743
  • Total Liabilities: $206,347
  • Net Assets: $868,396

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$12,765

Organization Details

Founding Year

1984

Principal Officer

Amy Krulik

Main Address

8231 OLD YORK ROAD, ELKINS PARK, PA, 19027

NTEE Category

Code: X30 - Religion related

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