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Filing year 2023

HEBREW FREE LOAN ASSOCIATION

Bloomfield Hills, Michigan·EIN 38-1359260·NTEE T90Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$14.6M
Total expenses
$1M
Reported officers
76
Mission

THE ASSOCIATION PROVIDES FINANCIAL ASSISTANCE TO JEWISH PEOPLE IN THE STATE OF MICHIGAN THROUGH THE LENDING OF MONEY WITHOUT INTEREST IN ACCORDANCE WITH CORE JEWISH VALUES, RESPECT, COMPASSION AND CONFIDENTIALITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Executive Director
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Michigan
$215k
$234k
Base
$206k
Bonus
Other
Benefits
Controller (through 9/15/23)
Controller
10th to 25th percentile
$65k
$71k
Controller (started 8/13/23)
Controller
10th to 25th percentile
$33k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 73 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HEBREW FREE LOAN ASSOCIATION equaled 21% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
21%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HEBREW FREE LOAN ASSOCIATION

What does the Chief Executive Officer of HEBREW FREE LOAN ASSOCIATION earn?

In 2023, the Chief Executive Officer of HEBREW FREE LOAN ASSOCIATION received $215,293 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HEBREW FREE LOAN ASSOCIATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2023 pay of the Chief Executive Officer at HEBREW FREE LOAN ASSOCIATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HEBREW FREE LOAN ASSOCIATION equaled 21% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HEBREW FREE LOAN ASSOCIATION's revenue and expenses?

In 2023, HEBREW FREE LOAN ASSOCIATION reported $1.2M in total revenue and $1M in total expenses on its IRS Form 990.

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