HEBREW FREE LOAN SOCIETY INC
675 THIRD AVENUE SUITE 1900, NEW YORK, NY 10017 www.hfls.org

Total Revenue
$7,456,583
Total Expenses
$2,403,241
Net Assets
$26,253,633

Organizations Filed Purposes: THE HEBREW FREE LOAN SOCIETY (HFLS) FOSTERS ECONOMIC SELF-SUFFICIENCY AND STABILITY AMONG LOW AND MODERATE INCOME NEW YORKERS IN NEED THROUGH INTEREST -FREE LENDING. HFLS LOANS MAKE AN IMMEDIATE, CONCRETE DIFFERENCE IN THE LIVES OF OUR BORROWERS, ENABLING THEM TO INVEST IN THEIR EDUCATION, START A BUSINESS, BUILD A FAMILY AND MEET EMERGENCY EXPENSES. HFLS IS NON-SECTARIAN; OUR BORROWERS REPRESENT NEW YORK'S DIVERSE JEWISH AND NON-JEWISH COMMUNITIES. SINCE ITS FOUNDING IN 1892 HFLS HAS PROVIDED OVER $300 MILLION IN LOANS TO MORE THAN 875,000 BORROWERS WHILE MAINTAINING A REPAYMENT RATE OF 99%. AS HFLS LOANS ARE REPAID, THE CAPITAL IS LENT OUT AGAIN AND AGAIN, HELPING MORE PEOPLE AND MULTIPLYING THE IMPACT OVER TIME.

PROVIDES INTEREST-FREE LOANS TO INDIVIDUALS, FAMILIES AND BUSINESSES.

LENDING ACHIEVEMENTS - AT THE END OF FY 2020, HFLS HAD NEARLY 2,598 LOANS OUTSTANDING, TOTALING $19.5 MILLION. IN FY20 ALONE, HFLS DISBURSED MORE THAN $17.9 MILLION TO AID 1,296 INDIVIDUALS AND FAMILIES IN THE NEW YORK METROPOLITAN AREA. HFLS LOANS HELPED FAMILIES WHO ARE BARELY GETTING BY FINANCIALLY, AFFECTED BY COVID 19 AND WERE FACED WITH AN EMERGENCY OR OUTSIZE NEED, STUDENTS PAY FOR COLLEGE, ECONOMICALLY VULNERABLE ENTREPRENEURS START OR EXPAND A BUSINESS, PARENTS OF DISABLED CHILDREN WHO NEEDED TO ACCESS EXPENSIVE SPECIAL EDUCATION SERVICES, AND OTHER NEW YORKERS IN NEED.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
David RosennEXECUTIVE DIRECTOR40$191,927
Rachel ChaskyDIRECTOR OF DEVELOPMENT40$123,655
Shlomo HaftDIRECTOR OF ME PROGRAM40$110,136
Daren ScottDIRECTOR OF FINANCE AND ADMIN40$106,592
Stacey ZolandBOARD MEMBER0.5$0
Cory WishengradBOARD MEMBER0.5$0
Andrew TananbaumBOARD MEMBER0.5$0
Victoria BengualidBOARD MEMBER0.5$0
Simeon SiegelBOARD MEMBER0.5$0
David G GlasserBOARD MEMBER0.5$0
Philip SchattenBOARD MEMBER0.5$0
Vivian MamelakBOARD MEMBER0.5$0
Shelley LevineBOARD MEMBER0.5$0
Alon LedermanBOARD MEMBER0.5$0
Alan LaytnerBOARD MEMBER0.5$0
Henry KauftheilBOARD MEMBER0.5$0
Seth BerkowitzBOARD MEMBER0.5$0
Joel HirschtrittBOARD MEMBER0.5$0
Eric GribetzBOARD MEMBER0.5$0
Kate EtingerBOARD MEMBER0.5$0
Joshua DurstBOARD MEMBER0.5$0
Daniel BendheimBOARD MEMBER0.5$0
Steven AdelsbergBOARD MEMBER0.5$0
Ellen M BraitmanSECRETARY1$0
Paul SiegelTREASURER1$0
Edward S KaranVICE PRESIDENT1$0
Mark J GersteinVICE PRESIDENT1$0
Ian ShrankPRESIDENT6$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131049349300043_public.xml