EIN 34-0281800

Hebrew Free Loan Association / Gmiluth Chasodim

IRS 501(c) type
501(c)(3)
Num. employees
7
State
Year formed
1904
Most recent tax filings
2022-12-01
Description
Hebrew Free Loan Association / Gmiluth Chasodim provides interest-free loans to address the financial challenges of residents of Northeast Ohio who lack access to traditional lending sources. The association offers donor defined loan programs to help individuals and families in need.
Also known as...
Hebrew Gemilath Chasodim Association; Gmiluth Chasodim
Total revenues
$453,429
2022
Total expenses
$556,697
2022
Total assets
$3,038,060
2022
Num. employees
7
2022

Program areas at Hebrew Free Loan Association / Gmiluth Chasodim

Loan programs
Donor defined Loan programs

Who funds Hebrew Free Loan Association / Gmiluth Chasodim

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Cleveland FoundationGeneral Support$100,250
Jewish Federation of ClevelandEducation Sponsor, General Support$22,800
Simon Family FoundationLoan Fund, Planting Seeds Fund$20,000
...and 18 more grants received totalling $249,700

Personnel at Hebrew Free Loan Association / Gmiluth Chasodim

NameTitleCompensation
Carrie MillerExecutive Director / Assistant Director$65,042
Leslie WrightProgram Director
Brady Gasser, RelationshipManager
Michal MarcusPast Executive Director$80,000
Eric KastonPresident$0
...and 10 more key personnel

Financials for Hebrew Free Loan Association / Gmiluth Chasodim

RevenuesFYE 12/2022
Total grants, contributions, etc.$349,993
Program services$0
Investment income and dividends$9,193
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$94,243
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$453,429

Form 990s for Hebrew Free Loan Association / Gmiluth Chasodim

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-06-14990View PDF
2020-122021-09-10990View PDF
2019-122021-03-29990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 2 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 2, 2024
Received grants
Identified 4 new grant, including a grant for $100,250 from The Cleveland Foundation
October 25, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from American Endowment Foundation
August 19, 2023
Received grants
Identified 16 new grant, including a grant for $224,250 from The Cleveland Foundation
Nonprofit Types
Public sector nonprofitsCharities
Issues
Public policy
Characteristics
Fundraising eventsState / local levelEndowed supportTax deductible donations
General information
Address
23300 Chagrin Blvd Suite 204
Beachwood, OH 44122
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
interestfree.org/leadership-staff/ 
Phone
(216) 378-9042
IRS details
EIN
34-0281800
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W03: Public and Societal Benefit Professional Societies and Associations
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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