Hebrew Free Loan Society Inc.

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

Mission Statement

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.