Overview
What is Hebrew Free Loan Association Of Austin Inc?
Hebrew Free Loan Association of Austin Inc is a compassionate nonprofit organization situated in Austin, Texas, with a specific mission to offer interest-free financial aid to individuals in need within their community. In 2022, they provided a total of 34 loans, amounting to $209,094. Among these loans, $10,000 was extended to students pursuing their education at universities. The association's primary purpose is to lend a helping hand during challenging financial times, fostering a sense of community support and empowerment.
Official website here: www.hebrewfreeloanofaustin.org
What do the Facebook reviews say about Hebrew Free Loan Association Of Austin Inc?
100% of the five reviewers on Facebook recommend Hebrew Free Loan Association of Austin. Here is a summary of their insights:
The nonprofit is praised for its readiness to assist individuals facing financial difficulties, particularly during challenging situations like government shutdowns. They are noted for their efficient service in providing interest-free loans, which is seen as a vital resource for those in need.
Overall, this organization appears to effectively deliver on its commitment to support the community, making a positive impact on people’s lives during tough times.
This AI summary has been generated from reviews found on Facebook.
Is Hebrew Free Loan Association Of Austin Inc legitimate?
Hebrew Free Loan Association Of Austin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Free Loan Association Of Austin Inc 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: $17,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hebrewfreeloanofaustin.org
What is the mission statement of Hebrew Free Loan Association Of Austin Inc?
The Hebrew Free Loan Association of Austin Inc is committed to offering interest-free financial aid to individuals in need within their community. Their mission is essentially to alleviate financial burdens and provide essential financial assistance, demonstrating compassion and support. In 2022, they extended 34 such loans, totalling $209,094, with a portion of this funding going towards university students' education expenses.
Official website here: www.hebrewfreeloanofaustin.org
Who is the CEO of Hebrew Free Loan Association Of Austin Inc?
Aaron Sansom is the Treasurer of Hebrew Free Loan Association Of Austin Inc.
Official website here: www.hebrewfreeloanofaustin.org
What is the revenue of Hebrew Free Loan Association Of Austin Inc?
Hebrew Free Loan Association Of Austin Inc's revenue in 2022 was $98,138.
Official website here: www.hebrewfreeloanofaustin.org
Who are the executives of Hebrew Free Loan Association Of Austin Inc and what are their salaries?
The average compensation at Hebrew Free Loan Association Of Austin Inc during 2022 was $17,464. There is 1 employee and 20 volunteers at Hebrew Free Loan Association Of Austin Inc.
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Official website here: www.hebrewfreeloanofaustin.org
Where can I find the form 990 for Hebrew Free Loan Association Of Austin Inc?
Hebrew Free Loan Association Of Austin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hebrewfreeloanofaustin.org
Learn more at the official website: www.hebrewfreeloanofaustin.org
Mission Statement of Hebrew Free Loan Association Of Austin Inc
The Hebrew Free Loan Association of Austin Inc is committed to providing interest-free financial aid to individuals in need within the greater Austin community. Their mission is centered around extending monetary assistance, with no interest charges attached, to those who find themselves in financially challenging situations. This nonprofit organization offered 34 such loans in 2022, totaling $209,094. Among these loans, $10,000 was specifically allocated to support students who were enrolled in universities. By offering interest-free loans, the Hebrew Free Loan Association of Austin Inc aims to provide a vital lifeline to those in need, helping them to overcome temporary financial difficulties and maintain their financial stability.
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Impact
October, 2024
Hebrew Free Loan Association of Austin Inc provides crucial financial support to individuals and families in need within the greater Austin community by offering interest-free loans. In 2020, the organization facilitated 29 loans totaling $115,500, and in 2021, it provided 16 loans amounting to $117,772. This assistance helps alleviate financial burdens, allowing recipients to manage unexpected expenses, pursue education, or stabilize their financial situations without the added stress of interest payments. By fostering financial empowerment and stability, the organization plays a vital role in enhancing the well-being of community members, supporting their aspirations, and contributing to the overall economic health of Austin.
This information is meant to be a general summary of Hebrew Free Loan Association Of Austin Inc. 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: $862
- Gross Receipts: $106,045
Assets and Liabilities:
- Total Assets: $524,193
- Total Liabilities: $0
- Net Assets: $524,193
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Organization Details
Founding Year
2011
Phone
(512) 677-4352Principal Officer
Aaron Sansom
Main Address
3571 FAR WEST BLVD, AUSTIN, TX, 78731
NTEE Category
Code: T30 - Philanthropy
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