HEBREW FREE LOAN ASSOCIATION OF BALTIMORE CITY INCORPORATED Charity Report

Public IRS 990 nonprofit record

HEBREW FREE LOAN ASSOCIATION OF BALTIMORE CITY INCORPORATED

EIN 52-0633396 · Public & Societal Benefit (W60Z)

What they do

PROVIDE INTEREST FREE LOANS to MEMBERS of THE BALTIMORE METROPOLITAN JEWISH COMMUNITY IN ACCORDANCE WITH JEWISH TEACHINGS and TRADITION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $55.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.83%of revenue went to mission work55.7% of expenses · Program services

$82.32spent for every $100 of revenueRevenue covered expenses this year.

36.49%of revenue went to management and office costs44.3% of expenses

$20.85in assets for every $1 spent this yearSome assets cannot be spent right away.

44.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$110,934

Mission workProgram services$50,84445.83% of revenue55.7% of expenses

ManagementOffice and general costs$40,47636.49% of revenue44.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$19,61417.68% of revenueShown in gray on the chart

Total expenses$91,32082.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 55.7% mission · 44.3% management · 0.0% fundraisingTotal expenses: 82.32% of revenue

2023Expense mix: 62.5% mission · 37.5% management · 0.0% fundraisingTotal expenses: 130.33% of revenue

2022Expense mix: 59.4% mission · 40.6% management · 0.0% fundraisingTotal expenses: 123.59% of revenue

2021Expense mix: 59.0% mission · 41.0% management · 0.0% fundraisingTotal expenses: 70.78% of revenue

2020Expense mix: 55.9% mission · 44.1% management · 0.0% fundraisingTotal expenses: 87.32% of revenue

2019Expense mix: 62.7% mission · 37.3% management · 0.0% fundraisingTotal expenses: 115.13% of revenue

2018Expense mix: 67.9% mission · 32.1% management · 0.0% fundraisingTotal expenses: 98.91% of revenue

2017Expense mix: 68.8% mission · 31.2% management · 0.0% fundraisingTotal expenses: 96.96% of revenue

Money in and money out

Revenue$110,934

Expenses$91,320

Annual surplus $19,614 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$50,844 · 55.7% of expenses

Management and office costs$40,476 · 44.3% of expenses

See all reported dollar amounts

Revenue$110,934

Expenses$91,320

Assets$1,903,657

Income$110,934

Contributions$49,858

Mission work (program services)$50,844

Management and general$40,476

Stocks and bonds$87,636

Accounting fees$4,350

Investing fees$10,388

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (26)

ISAAC SCHLEIFERBOARD MEMBER

WILLIAM A GRANTBOARD MEMBER

STEVAN MEIZLISHBOARD MEMBER

SIMCHA GROSSSECRETARY

SARA WETSTEINPRESIDENT

RON ROSENBLUTHBOARD MEMBER

ROBERT MAXBOARD MEMBER

RALPH E HERSHBOARD MEMBER

NADINE WEINSTEINBOARD MEMBER

MARILYN SCHLOSSBOARD MEMBER

JOSHUA MANDELBAUMTREASURER

JORDON MAXBOARD MEMBER

JEFFREY H WARANCHBOARD MEMBER

JAY G HYMERBOARD MEMBER

INA NAIMAN1ST VP

HOWARD L GOODMANBOARD MEMBER

HOWARD RICHMONDBOARD MEMBER

HAROLD M WALTERBOARD MEMBER

FRANK RODBELLBOARD MEMBER

DAVID I KATZBOARD MEMBER

DAVID KRAMERBOARD MEMBER

BENYAMIN WISE2ND VP

AMY M CHAPPERBOARD MEMBER

ALISA MEIZLISHBOARD MEMBER

ALAN A ABRAMOWITZBOARD MEMBER

ADAM H MILLERBOARD MEMBER

About this charity

Recognized since: January 1943
Location: 5752 PARK HEIGHTS AVE, BALTIMORE, MD 21215-3930
County: Baltimore (city)
In care of: SARA WETSTEIN
Primary officer: SARA WETSTEIN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailhfla@hebrewfreeloan.org Phone(410) 843-7536

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KATZ & ASSOCIATES PA
NTEE classification: Public & Societal Benefit (W60Z)