Overview
What is Hebrew Free Loan Association Of Dc?
The Hebrew Free Loan Association of D.C., situated in Silver Spring, Maryland, is a nonprofit organization that adheres to Jewish values. In 2022, they extended 54 interest-free loans to the Jewish community in the Washington D.C. metropolitan area, addressing various financial needs such as debt consolidation and medical expenses, as well as assisting with family expansion through fertility and adoption. Their mission is to help individuals and families overcome financial obstacles and seize new opportunities with dignity. The association, with a staff of just two, is committed to providing interest-free loans as a means of support.
Official website here: www.hebrewfreeloandc.org
Is Hebrew Free Loan Association Of Dc legitimate?
Hebrew Free Loan Association Of Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Free Loan Association Of Dc 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: $49,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,650
For more financial information, click here
Official website here: www.hebrewfreeloandc.org
What is the mission statement of Hebrew Free Loan Association Of Dc?
The Hebrew Free Loan Association, guided by Jewish values, offers interest-free loans to individuals and families in need, helping them overcome financial difficulties or seize professional and personal opportunities with dignity. The organization's mission is to provide this financial aid, ensuring that those in need can regain financial stability or pursue aspirations with dignity and pride. In 2022, the association granted 54 such loans to members of the local Jewish community, assisting with a range of financial needs such as debt consolidation and medical expenses.
Official website here: www.hebrewfreeloandc.org
Who is the CEO of Hebrew Free Loan Association Of Dc?
Naomi Malka is the Executive Director of Hebrew Free Loan Association Of Dc.
Official website here: www.hebrewfreeloandc.org
What is the revenue of Hebrew Free Loan Association Of Dc?
Hebrew Free Loan Association Of Dc's revenue in 2022 was $312,937.
Official website here: www.hebrewfreeloandc.org
Who are the executives of Hebrew Free Loan Association Of Dc and what are their salaries?
The average compensation at Hebrew Free Loan Association Of Dc during 2022 was $31,000. There are 2 employees and 15 volunteers at Hebrew Free Loan Association Of Dc.
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Official website here: www.hebrewfreeloandc.org
Where can I find the form 990 for Hebrew Free Loan Association Of Dc?
Hebrew Free Loan Association Of Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hebrewfreeloandc.org
Learn more at the official website: www.hebrewfreeloandc.org
Mission Statement of Hebrew Free Loan Association Of Dc
The Hebrew Free Loan Association of Greater Washington, a nonprofit organization guided by Jewish values, strives to assist individuals and families in the DC metro area who are facing financial challenges or seeking to seize professional and personal opportunities with dignity. Through its mission, the association offers interest-free loans, providing a helping hand and promoting financial well-being without the burden of interest payments. In 2022, the association presented 54 such loans to community members, aiding them with a diverse range of needs, including debt consolidation and covering medical expenses, as well as supporting families in building their families through fertility and adoption processes.
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Impact
October, 2024
The Hebrew Free Loan Association of DC plays a vital role in addressing financial challenges faced by individuals and families in the Jewish community of the DC metro area. In 2022, it issued 54 interest-free loans, empowering community members to navigate various hardships or seize opportunities with dignity. The loans supported a range of needs, including debt consolidation, medical expenses, and assistance with fertility and adoption processes. By providing access to interest-free financial assistance, the association helps improve the overall well-being of its community, fostering stability and promoting personal and professional growth.
This information is meant to be a general summary of Hebrew Free Loan Association Of Dc. 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: $82
- Gross Receipts: $312,937
Assets and Liabilities:
- Total Assets: $1,169,257
- Total Liabilities: $65,361
- Net Assets: $1,103,896
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Organization Details
Founding Year
1909
Principal Officer
Naomi Malka
Main Address
PO Box 2752, Silver Spring, MD, 20915
Website
www.hebrewfreeloandc.orgNTEE Category
Code: W60Z - Public benefit
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