Hebrew Free Loan Of San Diego

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

EIN: 852055131 ✦ La jolla, CA ✦ Designated as a 501(c)(3)

Overview

What is Hebrew Free Loan Of San Diego?

Hebrew Free Loan of San Diego is a nonprofit organization located at 9404 Genesee Ave 200, La Jolla, CA 92037. In 2022, the organization experienced significant growth, increasing its loan recipients by nearly 50% compared to the previous year and approving over $441,000 in interest-free loans. To achieve this, Hebrew Free Loan of San Diego increased its community outreach, assisted potential borrowers, and continued its fundraising efforts. Their mission is to promote financial stability and opportunities within the Jewish Community of San Diego County by providing affordable, interest-free loans, guided by Jewish values such as compassion, kindness, and flexibility. The organization offers loans for emergency needs, small business development, and education. Hebrew Free Loan of San Diego's activities include creating new programs, such as the Full Circle Club and the Silver Lining Guarantor Fund, to help its community members meet their financial goals.


Official website here: www.hflsd.org

Is Hebrew Free Loan Of San Diego legitimate?

Hebrew Free Loan Of San Diego is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebrew Free Loan Of San Diego 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: $73,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,600

For more financial information, click here


Official website here: www.hflsd.org

What is the mission statement of Hebrew Free Loan Of San Diego?

Hebrew Free Loan of San Diego's mission is centered around promoting financial stability and opportunities within the Jewish community. The organization achieves this by offering interest-free loans, guided by Jewish values such as compassion and kindness. Loans are provided for various purposes, including emergency needs, small business development, and education. In 2022, Hebrew Free Loan of San Diego experienced significant growth, increasing its loan recipients by nearly 50% and approving over $441,000 in loan funds. The organization also introduced new initiatives like the Full Circle Club and the Silver Lining Guarantor Fund to further support its goals.


Official website here: www.hflsd.org

Who is the CEO of Hebrew Free Loan Of San Diego?

Selwyn Isakow is the President of Hebrew Free Loan Of San Diego.


Official website here: www.hflsd.org

What is the revenue of Hebrew Free Loan Of San Diego?

Hebrew Free Loan Of San Diego's revenue in 2022 was $479,180.


Official website here: www.hflsd.org

Who are the executives of Hebrew Free Loan Of San Diego and what are their salaries?

The average compensation at Hebrew Free Loan Of San Diego during 2022 was $41,700. There are 3 employees and 15 volunteers at Hebrew Free Loan Of San Diego.

Here are 14 key members and their salaries:

    Selwyn Isakow (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilary Isakow (Asst Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Halliday (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitch Dubick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lesley Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Graeme Gabriel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard Gregory (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Gurtin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Eisenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tanya Hackel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miriam Norten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlene Seidle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hflsd.org

    Where can I find the form 990 for Hebrew Free Loan Of San Diego?

    The Hebrew Free Loan Of San Diego’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hflsd.org

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

    Mission Statement of Hebrew Free Loan Of San Diego

    Hebrew Free Loan of San Diego is a nonprofit organization that seeks to promote financial stability and opportunities within the Jewish community in San Diego County. They achieve this mission by offering affordable interest-free loans, upholding the Jewish values of compassion, kindness, and flexibility. The loans provided by Hebrew Free Loan of San Diego are intended for addressing emergency needs, fostering small business development, and supporting education. In 2022, the organization demonstrated significant growth, expanding its reach by increasing outreach to social service agencies, providing assistance to potential borrowers, and enhancing its fundraising efforts. As a result, Hebrew Free Loan of San Diego approved over $441,000 in loan dollars and assisted almost 50% more individuals than the previous year. The nonprofit also introduced new programs like the Full Circle Club and the Silver Lining Guarantor Fund, which contributed to its success in meeting and surpassing its objectives.

    Impact

    This information is meant to be a general summary of Hebrew Free Loan Of San Diego. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Hebrew Free Loan of San Diego's impact can be seen in the financial stability and opportunity it fosters within the Jewish Community of San Diego County. By providing access to affordable interest-free loans, the organization embodies Jewish values of compassion, kindness, and flexibility. In 2022, the organization experienced significant growth, increasing its loan recipients by almost 50% and approving over $441,000 in loan dollars. Through new programs like the Full Circle Club and the Silver Lining Guarantor Fund, Hebrew Free Loan of San Diego exceeded its goals and continued to support individuals on their path to financial security.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,177
  • Program Service Revenue: $0
  • Gross Receipts: $486,284

    • Assets and Liabilities:
  • Total Assets: $1,027,100
  • Total Liabilities: $26,739
  • Net Assets: $1,000,361
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Selwyn Isakow

    Main Address

    9404 Genesee Ave 200, La Jolla, CA, 92037

    NTEE Category

    Code: X30 - Religion related

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