Overview
What is Milwaukee Jewish Free Loan Association?
The Milwaukee Jewish Free Loan Association is a charitable organization situated in Milwaukee, Wisconsin. Its primary mission is to extend interest-free loans to individuals experiencing temporary financial hardships. With a small team of two dedicated employees, the association aims to alleviate financial burdens and help those in need regain their financial stability. The association operates under the belief that providing interest-free loans can make a significant difference in people's lives during challenging times.
Official website here: www.mjfla.org
What do the Facebook reviews say about Milwaukee Jewish Free Loan Association?
86% of seven reviewers on Facebook recommend the Milwaukee Jewish Free Loan Association. Here’s a summary of their reviews:
Many users praise the organization’s mission and leadership, highlighting its positive impact on various community members, regardless of faith. Comments reflect a strong appreciation for the support offered, suggesting that the nonprofit effectively addresses important needs within the community.
Overall, there is a sense of satisfaction with the services provided, as the organization is recognized for its dedication to helping others and making a meaningful difference.
This AI summary has been generated from reviews found on Facebook.
Is Milwaukee Jewish Free Loan Association legitimate?
Milwaukee Jewish Free Loan Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Jewish Free Loan Association 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: $116,004
For more financial information, click here
Official website here: www.mjfla.org
What is the mission statement of Milwaukee Jewish Free Loan Association?
The Milwaukee Jewish Free Loan Association serves as a charitable organization, dedicated to providing interest-free loans to individuals experiencing temporary financial difficulties. Its mission is centered around offering financial aid without accruing interest, aiming to alleviate short-term financial burdens. The association operates on the belief that assistance in times of need can make a significant difference in people's lives. By providing interest-free loans, the Milwaukee Jewish Free Loan Association strives to foster financial stability and resilience among those in need.
Official website here: www.mjfla.org
Who is the CEO of Milwaukee Jewish Free Loan Association?
Sarah Platt is the President of Milwaukee Jewish Free Loan Association.
Official website here: www.mjfla.org
What is the revenue of Milwaukee Jewish Free Loan Association?
Milwaukee Jewish Free Loan Association's revenue in 2022 was $262,457.
Official website here: www.mjfla.org
Who are the executives of Milwaukee Jewish Free Loan Association and what are their salaries?
The average compensation at Milwaukee Jewish Free Loan Association during 2022 was $58,002. There are 2 employees at Milwaukee Jewish Free Loan Association.
Here are 9 key members and their salaries:
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Official website here: www.mjfla.org
Where can I find the form 990 for Milwaukee Jewish Free Loan Association?
Milwaukee Jewish Free Loan Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mjfla.org
Learn more at the official website: www.mjfla.org
Mission Statement of Milwaukee Jewish Free Loan Association
The Milwaukee Jewish Free Loan Association is a charitable organization with a unique mission. Its primary aim is to extend interest-free loans to individuals facing temporary financial hardships. By offering these interest-free loans, the association serves as a vital resource for those in need, providing them with the financial assistance required to overcome their short-term financial challenges. The Milwaukee Jewish Free Loan Association operates under the belief that by helping individuals during difficult times, it can contribute to the overall well-being of the community. The organization's mission is not just about providing loans, but also about offering a hand of support and hope to those in need, empowering them to overcome their financial obstacles and move forward.
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Impact
October, 2024
The Milwaukee Jewish Free Loan Association plays a crucial role in alleviating financial challenges faced by individuals in the community. By providing interest-free loans to those experiencing temporary financial need, the organization empowers people to overcome obstacles without the burden of high-interest debt. This financial assistance can help cover various essential expenses, such as medical bills, housing costs, and education fees, enabling borrowers to stabilize their situations and regain financial independence.
The impact of these loans extends beyond immediate monetary relief; it fosters a sense of community support and solidarity. Recipients often express gratitude for the opportunity to resolve their financial issues while maintaining dignity and self-sufficiency. Additionally, the practice of providing interest-free loans aligns with ethical lending principles, creating a more equitable and supportive financial environment within Milwaukee. By addressing temporary financial hurdles, the Milwaukee Jewish Free Loan Association contributes significantly to the overall well-being and resilience of individuals in the community.
This information is meant to be a general summary of Milwaukee Jewish Free Loan Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $601
- Gross Receipts: $262,457
Assets and Liabilities:
- Total Assets: $930,699
- Total Liabilities: $0
- Net Assets: $930,699
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Organization Details
Founding Year
2009
Principal Officer
Sarah Platt
Main Address
409 E SILVER SPRING DR, MILWAUKEE, WI, 53217
Website
www.mjfla.orgNTEE Category
Code: P60 - Human services
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