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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Hias Economic Advancement Fund Inc.

Hias Economic Advancement Fund Inc.

Fiscal year ending 2024. Filed on June 20, 2025.

1300 Spring Street 500
Silver Spring, Maryland 20910

Hias Economic Advancement Fund Inc. (EIN: 88-0984307) has filed an IRS Form 990 since fiscal year 2022. In its fiscal year 2024 IRS Form 990 filing, Hias Economic Advancement Fund Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 5 total employees. Among the employees shown here, the average compensation is $128,208. The highest compensated employee at Hias Economic Advancement Fund Inc. is Phillip Bailey with fiscal year 2024 compensation of $128,208.

Revenue, expenses, and employee compensation

Revenue

$593,976

Expenses

$649,865

Employee compensation

$424,134
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Phillip Bailey
Director
$128,208
$96,256 No related comp$31,952

Benchmark Employee Compensation

Non-Employee Board Members

Adina Abramowitz
Secretary (Until 12/14/2023)
Alicia Wrenn
Chair
Amanda Joseph
Director (From 8/7/2024)
Bill Abrams
Treasurer, (Until 6/9/2024)
Greg Mikulka
Director
Tamra Thetford
Secretary
Titi Ikhile
Director

Mission Statement

EAF MEETS THE FINANCIAL NEEDS OF LOW-INCOME INDIVIDUALS, INCLUDING REFUGEES, THEIR FAMILIES AND THEIR COMMUNITIES BY PROVIDING ACCESS TO FINANCIAL PRODUCTS AND SERVICES THAT PROMOTE ECONOMIC OPPORTUNITY AND WELL-BEING. EAF IS AN UNCONSOLIDATED SUBSIDIARY OF HIAS.

Revisions to this organization profile

June 20, 2025:
2024 Hias Economic Advancement Fund Inc. 990 filed
May 31, 2024:
2023 Hias Economic Advancement Fund Inc. 990 filed
November 10, 2023:
2022 Hias Economic Advancement Fund Inc. 990 filed

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