Hebrew Free Loan Association Of Greater Springfield Inc is located in Springfield, MA. The organization was established in 1995. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew Free Loan Association Of Greater Springfield Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Hebrew Free Loan Association Of Greater Springfield Inc generated $16.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $17.4k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ADMINISTRATION OF INTEREST-FREE LOANS TO NEEDY MEMBERS OF THE JEWISH COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leonid Milshteyn 1021-722 Executive Di | 7 | $5,775 | |
Carlin Trietsch 821-921 Executive Di | 7 | $1,155 | |
Sasha Sorkin President | 0 | $0 | |
Rabbi Bruce Bromberg Seltzer Vice Preside | 0 | $0 | |
David Tivoli Treasuer | 0 | $0 | |
Rachel Likover Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,282 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5,786 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $16,068 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,555 |
Professional fees and other payments to independent contractors | $3,713 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,127 |
Total expenses | $17,395 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $255,357 |
Other assets | $0 |
Total assets | $299,665 |
Total liabilities | $0 |
Net assets or fund balances | $299,665 |
Over the last fiscal year, we have identified 1 grants that Hebrew Free Loan Association Of Greater Springfield Inc has recieved totaling $5,100.
Awarding Organization | Amount |
---|---|
Jewish Federation Of Western Massachusetts Inc Springfield, MA PURPOSE: GENERAL SUPPORT | $5,100 |
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