Overview
What is Hebrew Free Loan Association?
The Hebrew Free Loan Association is a compassionate nonprofit organization located in Bloomfield Hills, Michigan. With a mission deeply rooted in Jewish values such as respect, compassion, and confidentiality, they offer interest-free loans to those in need within the state. By adhering to their charter, the association provides vital financial assistance to Jewish individuals, fostering a sense of community and support. The organization, staffed by six dedicated individuals, has become an essential resource for many, embodying the core principles of care and understanding.
Official website here: www.hfldetroit.org
Is Hebrew Free Loan Association legitimate?
Hebrew Free Loan Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew 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.
Here are some key statistics you may want to consider:
Executive Compensation: $269,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $275,835
For more financial information, click here
Official website here: www.hfldetroit.org
What is the mission statement of Hebrew Free Loan Association?
The Hebrew Free Loan Association's mission is centered around providing financial aid to individuals within the Jewish community in Michigan. They accomplish this by lending money without charging interest, aligning with fundamental Jewish values such as respect, compassion, and confidentiality. The organization's activities are guided by its charter and adhere to Jewish tradition, extending interest-free loans as needed.
Official website here: www.hfldetroit.org
Who is the CEO of Hebrew Free Loan Association?
David Contorer is the Director of Hebrew Free Loan Association.
Official website here: www.hfldetroit.org
What is the revenue of Hebrew Free Loan Association?
Hebrew Free Loan Association's revenue in 2023 was $1,027,759.
Official website here: www.hfldetroit.org
Who are the executives of Hebrew Free Loan Association and what are their salaries?
The average compensation at Hebrew Free Loan Association during 2023 was $90,890. There are 6 employees and 71 volunteers at Hebrew Free Loan Association.
Here are 73 key members and their salaries:
- David Contorer (Executive Director)
- Laurie Banks (Controller)
- Jeffrey Aronoff (Director)
- Joanne Aronovitz (Director)
- Michael Banks (Past President) [Trustee/Director]
- Richard Barr (Director)
- Carolyn Bellinson (Past President) [Trustee/Director]
- Michael Berke (President) [Trustee/Director]
- Amy Berlin (Director)
- Allen Berman (Vice President) [Trustee/Director]
- Sam Bernstein (Honorary Life Member) [Trustee/Director]
- Stan Bershad (Honorary Life Member) [Trustee/Director]
- Marlene Borman (Past President) [Trustee/Director]
- Beth Brandvain (Director)
- Richard Broder (Past President) [Trustee/Director]
- Kevin Chupack (Director)
- Robert Citrin (Past President) [Trustee/Director]
- Nita Cohen (Treasurer) [Trustee/Director]
- Peggy Daitch (Past President) [Trustee/Director]
- Joanne Danto (Honorary Life Member) [Trustee/Director]
- Brett Demarrais (Director)
- Andy Doctoroff (Director)
- Lloyd Doigan (Director)
- Jon Dwoskin (Director)
- Amy Ersher (Director)
- Seth Faber (Director)
- Jon Fellows (Director)
- Laurie Frankel (Past President) [Trustee/Director]
- David Gach (Director)
- Jeffrey Garden (Director)
- Josh Gershonowicz (Director)
- Diane Goldstein (Director)
- Eli Golshteyn (Director)
- Michael Graub (Honorary Life Member) [Trustee/Director]
- Paul Hack (Past President) [Trustee/Director]
- Julie Trepeck Harris (Director)
- Joel Hechler (Director)
- Sue Hodess (Secretary) [Trustee/Director]
- Sally Hooberman (Director)
- David Jacobson (Director)
- Sue Kaufman (Director)
- Mary Keane (Honorary Life Member) [Trustee/Director]
- Lorie Kessler (Director)
- Sherri Ketai (Director)
- David Kirsch (Honorary Life Member) [Trustee/Director]
- Linda Kovan (Director)
- David Kramer (President) [Trustee/Director]
- Rex Lanyi (Honorary Life Member) [Trustee/Director]
- Emily Levin (Director)
- Randie Levin (Director)
- Arthur Liss (Past President) [Trustee/Director]
- Zachary Liss (Director)
- Ralph Mcdowell (Vice President) [Trustee/Director]
- Jay Must (Honorary Life Member) [Trustee/Director]
- Harriet Orley (Past President) [Trustee/Director]
- Adam Pogoda (Director)
- Richard Roth (Director)
- Jared Rothberger (Director)
- Michelle Rubin (Director)
- Carly Schiff (Director)
- Edward Schonberg (Director)
- Rob Schwartz (Past President) [Trustee/Director]
- Jeffrey Serman (Director)
- Joyce Sherman (Honorary Life Member) [Trustee/Director]
- Stuart Sherman (Past President) [Trustee/Director]
- Stuart Snider (Past President) [Trustee/Director]
- Jonathan Sterling (Vice President) [Trustee/Director]
- Leora Tapper (Director)
- Andrea Teitel (Director)
- Carolyn Tisdale (Past President) [Trustee/Director]
- Pam Torraco (Director)
- David Wallace (Honorary Life Member) [Trustee/Director]
- Andi Wolfe (Director)
Official website here: www.hfldetroit.org
Where can I find the form 990 for Hebrew Free Loan Association?
The Hebrew Free Loan Association’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.hfldetroit.org
Learn more at the official website: www.hfldetroit.org
Mission Statement of Hebrew Free Loan Association
The Hebrew Free Loan Association is an organization dedicated to providing financial assistance to Jewish individuals residing in Michigan. In line with core Jewish values of respect, compassion, and confidentiality, the association lends money without charging interest. This mission is carried out through the granting of interest-free loans, in accordance with the association's charter and Jewish tradition. The Hebrew Free Loan Association aims to support the Jewish community in Michigan by alleviating financial burdens without the burden of interest. This practice reflects the organization's commitment to upholding Jewish values while providing much-needed financial aid.
Impact
This information is meant to be a general summary of Hebrew Free Loan Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Hebrew Free Loan Association's impact is felt through its provision of interest-free loans to Jewish individuals in the state of Michigan. By adhering to core Jewish values of respect, compassion, and confidentiality, the association helps community members in need access financial assistance without the burden of interest payments. Through this service, the Hebrew Free Loan Association promotes financial stability and empowerment within the Jewish community in Michigan, allowing individuals to overcome financial obstacles and pursue their goals with dignity.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$22,775
Organization Details
Founding Year
1895
Phone
(248) 723-8184
Principal Officer
David Contorer
Main Address
6735 TELEGRAPH ROAD 300, BLOOMFIELD HILLS, MI, 48301
Website
www.hfldetroit.org
NTEE Category
Code: T90Z - Philanthropy
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