Dallas Hebrew Free Loan Association

Organization Overview

Dallas Hebrew Free Loan Association is located in Dallas, TX. The organization was established in 1939. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dallas Hebrew Free Loan Association 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 12/2023, Dallas Hebrew Free Loan Association generated $228.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $148.8k during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF DALLAS HEBREW FREE LOAN ASSOCIATION IS TO ASSIST PEOPLE OF THE GREATER DALLAS JEWISH COMMUNITY WHO ARE IN NEED BY PROVIDING INTEREST FREE LOANS. DHFLA IS PART OF THE INTERNATIONAL JEWISH FREE LOAN MOVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS OF DECEMBER 31, 2023, DHFLA HAS OUTSTANDING LOANS TOTALING $1,138,675 NO INTEREST LOANS. THESE LOANS HAVE BEEN DISBURSED FOR REASONS FROM EMERGENCIES TO STUDENT LOANS.


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Board, Officers & Key Employees

Name (title)Compensation
Sharron Laizerovich
Director
$0
Bradley Laye
Director
$0
Rachel Leventon
Director
$0
Mark Jacobs
Director
$0
Mark Kashar
Director
$0
David Singer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$195,681
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$195,681
Total Program Service Revenue$0
Investment income $32,175
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $228,230

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