Overview
What is Phoenix Jewish Free Loan Association?
The Phoenix Jewish Free Loan Association is a nonprofit organization situated in Scottsdale, Arizona. With a team of six dedicated individuals, they specialize in providing interest-free loans to members of Arizona's Jewish community who are experiencing financial difficulties. Their mission is deeply rooted in the Jewish tradition of lending without charging interest, offering a vital support system to those in need. The association's headquarters can be found at 12701 N Scottsdale Road, Suite 206.
Official website here: www.jewishfreeloan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Phoenix Jewish Free Loan Association has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to transparency and financial health. With an impressive 83% in Accountability & Finance, the organization demonstrates robust governance practices, including a fully independent board and no material diversion of assets. Its low liabilities to assets ratio of 0.06% indicates a solid financial footing.
In terms of community engagement and culture, the organization scored 100%, showcasing its effective feedback collection and usage practices. This high score suggests a deep commitment to understanding and responding to the needs of the community it serves. The organization not only listens to stakeholders but actively incorporates their insights into its operations.
Additionally, the group excels in leadership and adaptability, scoring 100% in this category as well. This reflects a well-structured strategy and strong leadership capabilities, ensuring that the organization can navigate challenges effectively while maintaining its mission focus. Overall, the Phoenix Jewish Free Loan Association presents itself as a well-managed and impactful nonprofit dedicated to supporting its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Phoenix Jewish Free Loan Association?
94% of those who reviewed on Facebook recommend the Phoenix Jewish Free Loan Association. Here is a summary of their reviews:
The organization is praised for its excellent community work and the dedication of its staff. Reviewers highlight the positive impact the nonprofit has on individuals and families, suggesting it plays a crucial role in supporting those in need within the community. Many express a desire to become more involved due to the admirable efforts they witness.
Overall, the sentiment surrounding the nonprofit is quite favorable, with participants expressing satisfaction with the services offered and the commitment shown towards helping others. Many emphasize the importance of getting involved and supporting such a valuable organization.
This AI summary has been generated from reviews found on Facebook.
Is Phoenix Jewish Free Loan Association legitimate?
Phoenix Jewish Free Loan Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phoenix 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $263,366
For more financial information, click here
Official website here: www.jewishfreeloan.org
What is the mission statement of Phoenix Jewish Free Loan Association?
The Phoenix Jewish Free Loan Association's mission is centered around providing interest-free loans to individuals within the Jewish community who find themselves in financial distress. By offering these no-interest loans, the association aims to alleviate financial burdens and assist those in need, thereby contributing to the well-being of the Jewish community. The association's activities primarily revolve around extending financial aid, aiding those who are struggling financially.
Official website here: www.jewishfreeloan.org
Who is the CEO of Phoenix Jewish Free Loan Association?
Carole Zeichick is the Director of Phoenix Jewish Free Loan Association.
Official website here: www.jewishfreeloan.org
What is the revenue of Phoenix Jewish Free Loan Association?
Phoenix Jewish Free Loan Association's revenue in 2023 was $473,598.
Official website here: www.jewishfreeloan.org
Who are the executives of Phoenix Jewish Free Loan Association and what are their salaries?
The average compensation at Phoenix Jewish Free Loan Association during 2023 was $43,894. There are 6 employees at Phoenix Jewish Free Loan Association.
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Official website here: www.jewishfreeloan.org
Where can I find the form 990 for Phoenix Jewish Free Loan Association?
Phoenix Jewish Free Loan Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jewishfreeloan.org
Learn more at the official website: www.jewishfreeloan.org
Mission Statement of Phoenix Jewish Free Loan Association
The Phoenix Jewish Free Loan Association is a nonprofit organization dedicated to providing interest-free loans to Arizona's Jewish community. This association serves as a financial resource for individuals in need, offering them the opportunity to overcome financial challenges without the burden of high-interest rates. By providing interest-free loans, the Phoenix Jewish Free Loan Association aims to support its community members during difficult financial times, enabling them to maintain their essential needs and stability.
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Impact
July, 2024
Phoenix Jewish Free Loan Association's impact is evident in its provision of interest-free loans to Arizona's Jewish community. By offering financial assistance without the burden of interest, this organization helps individuals facing financial challenges to access the support they need to overcome difficult circumstances. Through its philanthropic efforts, it facilitates economic stability and empowers community members to achieve their goals and navigate financial hardships with dignity and support.
This information is meant to be a general summary of Phoenix 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 2023.
- Investment Income: $967
- Gross Receipts: $490,840
Assets and Liabilities:
- Total Assets: $3,510,961
- Total Liabilities: $2,274
- Net Assets: $3,508,687
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Organization Details
Founding Year
1950
Phone
(602) 230-7983Principal Officer
Carole Zeichick
Main Address
12701 N SCOTTSDALE RD SUITE 206, SCOTTSDALE, AZ, 85254
Website
www.jewishfreeloan.orgNTEE Category
Code: T50Z - Philanthropy
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