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Jif Loan Society Inc

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

EIN: 811109483 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Jif Loan Society Inc?

Jif Loan Society Inc is a nonprofit organization dedicated to aiding individuals, businesses, and organizations within the Jewish community. Based on the provided information, its primary mission is to extend interest-free loans to those experiencing financial difficulties or at risk of falling into financial hardship, both in the United States and internationally, with a particular focus on Israel. Additionally, the society offers financial assistance to organizations engaged in charitable, religious, or educational pursuits. This nonprofit aims to positively impact lives by alleviating financial burdens and supporting worthy causes within the Jewish community.


Official website here: www.jifls.org

Is Jif Loan Society Inc legitimate?

Jif Loan Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jif Loan Society Inc submitted a form 990EZ, 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.


Official website here: www.jifls.org

What is the mission statement of Jif Loan Society Inc?

The Jif Loan Society Inc's mission is centered around assisting individuals, businesses, and organizations within the Jewish community, both in the United States and abroad, particularly in Israel. This non-profit organization provides interest-free loans to those experiencing financial hardship or at risk of falling into such a situation. Additionally, they offer financial aid to organizations operating for charitable, religious, or educational purposes. The primary goal of Jif Loan Society Inc is to help transform lives and offer support during challenging financial times.


Official website here: www.jifls.org

Who is the CEO of Jif Loan Society Inc?

Sheya Stern is the Treasurer of Jif Loan Society Inc.


Official website here: www.jifls.org

What is the revenue of Jif Loan Society Inc?

Jif Loan Society Inc's revenue in 2022 was $0.


Official website here: www.jifls.org

Who are the executives of Jif Loan Society Inc and what are their salaries?


Here are 2 key members and their salaries:


Chaim Sekula (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheya Stern (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jifls.org

Where can I find the form 990EZ for Jif Loan Society Inc?

Jif Loan Society Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.jifls.org

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

Mission Statement of Jif Loan Society Inc

Jif Loan Society Inc, a nonprofit organization, is committed to aiding individuals, businesses, and organizations within the Jewish community who are experiencing financial difficulties or are at risk of falling into financial hardship. The corporation's primary objective is to provide interest-free loans to those in need, both in the United States and abroad, with a particular focus on supporting organizations operating for charitable, religious, or educational purposes, especially in Israel. By offering this financial assistance, Jif Loan Society Inc aims to help transform the lives of those it serves, providing a much-needed lifeline during challenging times.

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Impact




October, 2024

Jif Loan Society Inc significantly impacts individuals and communities by providing interest-free loans to those facing financial difficulties, particularly within the Jewish community. By enabling access to capital without the burden of interest, the organization helps individuals, businesses, and various organizations not only alleviate immediate financial stress but also pursue opportunities for growth and stability.

The assistance offered extends beyond individual borrowers to include support for charitable, religious, and educational organizations. This holistic approach fosters community resilience and strengthens the social fabric, allowing recipients to transform their lives and contribute positively to society. Operating both in the United States and Israel, Jif Loan Society Inc plays a crucial role in supporting those at risk of financial hardship, ensuring they have the resources needed to navigate challenging times and build a brighter future.




This information is meant to be a general summary of Jif Loan Society 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.

Revenue
$0 (2022)
Expenses
$270,952 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $244,654
    • Total Liabilities: $0
    • Net Assets: $244,654

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    Organization Details

    Principal Officer

    Sheya Stern

    Main Address

    1449 37TH STREET 205, BROOKLYN, NY, 11218

    NTEE Category

    Code: T31 - Philanthropy

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