Overview
What is Hebrew Free Loan Association Of Baltimore City Incorporated?
The Hebrew Free Loan Association of Baltimore City Incorporated is a nonprofit organization situated in Baltimore, Maryland. Adhering to Jewish teachings and traditions, the association offers interest-free loans to members of the Baltimore metropolitan Jewish community. During the current fiscal year, they have served 27 loans totalling $171,005. This organization aims to provide financial assistance to its community, contributing to their economic well-being while upholding the values of compassion and support. The association is managed by just two dedicated employees.
Official website here: www.hebrewfreeloan.org
Is Hebrew Free Loan Association Of Baltimore City Incorporated legitimate?
Hebrew Free Loan Association Of Baltimore City Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Free Loan Association Of Baltimore City Incorporated 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:
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Other Salaries and Wages: $12,900
For more financial information, click here
Official website here: www.hebrewfreeloan.org
What is the mission statement of Hebrew Free Loan Association Of Baltimore City Incorporated?
The Hebrew Free Loan Association of Baltimore City Incorporated's mission is centered around providing interest-free loans to members of the Jewish community, in line with Jewish teachings and traditions. This organization operates with the aim of offering financial assistance to its members, serving a total of 27 loans amounting to $171,005 during the current fiscal year. The association's mission is not just about lending money, but it embodies the Jewish values of compassion and community support, providing a vital service to those in need without charging interest.
Official website here: www.hebrewfreeloan.org
Who is the CEO of Hebrew Free Loan Association Of Baltimore City Incorporated?
Harold Walter is the President of Hebrew Free Loan Association Of Baltimore City Incorporated.
Official website here: www.hebrewfreeloan.org
What is the revenue of Hebrew Free Loan Association Of Baltimore City Incorporated?
Hebrew Free Loan Association Of Baltimore City Incorporated's revenue in 2022 was $103,020.
Official website here: www.hebrewfreeloan.org
Who are the executives of Hebrew Free Loan Association Of Baltimore City Incorporated and what are their salaries?
The average compensation at Hebrew Free Loan Association Of Baltimore City Incorporated during 2022 was $6,450. There are 2 employees and 29 volunteers at Hebrew Free Loan Association Of Baltimore City Incorporated.
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Official website here: www.hebrewfreeloan.org
Where can I find the form 990 for Hebrew Free Loan Association Of Baltimore City Incorporated?
Hebrew Free Loan Association Of Baltimore City Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hebrewfreeloan.org
Learn more at the official website: www.hebrewfreeloan.org
Mission Statement of Hebrew Free Loan Association Of Baltimore City Incorporated
Hebrew Free Loan Association of Baltimore City Incorporated is committed to providing interest-free loans to members of the Baltimore metropolitan Jewish community, in accordance with Jewish teachings and tradition. The mission of this nonprofit organization is to offer financial assistance to its community members, alleviating the burden of interest payments and promoting financial stability. By adhering to Jewish values, Hebrew Free Loan Association of Baltimore City Incorporated aims to foster a sense of mutual support and solidarity within its community, extending a helping hand to those in need. During the current fiscal year, the organization has served 27 loans, totaling an amount of $171,005.
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Impact
October, 2024
Hebrew Free Loan Association of Baltimore City plays a vital role in supporting financial well-being within the Baltimore metropolitan Jewish community. By offering interest-free loans, it alleviates the burden of debt and fosters economic stability among its members. In the current fiscal year, the association has issued 27 loans totaling $171,005, demonstrating its commitment to providing essential financial assistance in alignment with Jewish teachings and traditions. This approach not only reinforces community values but also empowers individuals to pursue personal, educational, and entrepreneurial goals without the encumbrance of high-interest loans, ultimately enhancing the overall prosperity of the community.
This information is meant to be a general summary of Hebrew Free Loan Association Of Baltimore City Incorporated. 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: $48,537
- Gross Receipts: $103,020
Assets and Liabilities:
- Total Assets: $1,691,947
- Total Liabilities: $0
- Net Assets: $1,691,947
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Organization Details
Founding Year
1898
Phone
(410) 843-7536Principal Officer
Harold Walter
Main Address
5752 PARK HEIGHTS AVENUE, BALTIMORE, MD, 21215
Website
www.hebrewfreeloan.orgNTEE Category
Code: W60Z - Public benefit
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