Fiscal year ending 2016. Filed on February 14, 2017.
675 Third Avenue No 1905
New York, New York 10017
Hebrew Free Loan Society Inc. (EIN: 13-5562239) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Hebrew Free Loan Society Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 13 total employees. Among the employees shown here, the average compensation is $118,523. The highest compensated employee at Hebrew Free Loan Society Inc. is Shana Novick with fiscal year 2016 compensation of $179,166.
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THE HEBREW FREE LOAN SOCIETY (HFLS) FOSTERS ECONOMIC STABILITY AND OPPORTUNITY FOR LOWER-INCOME NEW YORKERS 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.
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