35
Hebrew Free Loan Association
Community Development · Bloomfld Hls, Michigan
6735 Telegraph Rd Ste 300, Bloomfld Hls, MI 48301-3145
EIN: 381359260· Founded: Aug 1984· 42 years active· Filing Year: 2024
Annual Revenue
$1.2M
Total Expenses
$1.0M
Total Assets
$14.6M
Program Spending
2%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$315K
31.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$274K
Total Payroll
$589K
58% of total expenses
Where the Money Goes
2%
Programs: 2%
Payroll: 58%
Other overhead: 98%
Program Revenue$23K (2%)
Total Expenses$1.0M (86%)
Payroll$589K (58%)
Overhead (non-program)98%
Trust Score Breakdown
Program Spending Ratio
2% of expenses go to programs
Revenue & Stability
$1.2M annual revenue
Executive Compensation
$315K total officer comp (31.0% of expenses)
Filing Recency
Most recent filing: 2024
Asset Strength
$14.6M in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.