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Filing year 2023

HEBREW FREE LOAN SOCIETY INC

New York, New York·EIN 13-5562239·NTEE P510 · Human Services·501(c)(3)
Total revenue
$5.9M
Total assets
$49.7M
Total expenses
$4M
Reported officers
31
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in New York.

President & CEO
75th to 90th percentile
$331k
$372k
Base
$250k
Bonus
Other
$3k
Benefits
$70k
Deputy Director
Key Employee
Median to 75th percentile
$229k
$257k
Base
$188k
Bonus
Other
Benefits
$35k
Director of Finance and Admin.
75th to 90th percentile
$221k
$248k
Base
$160k
Bonus
Other
Benefits
$56k
Development Director
Median to 75th percentile
$216k
$243k
Base
$174k
Bonus
Other
Benefits
$37k
Me Program Director
Director (Operational)
75th to 90th percentile
$165k
$185k
Base
$131k
Bonus
Other
Benefits
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 26 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HEBREW FREE LOAN SOCIETY INC equaled 8% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
8%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services 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.

Up 39%
from 2022

From $238k in 2022 to $331k in 2023.

$238k
2022
$331k
2023
In today's dollarsEst.
Up 34% in real terms$278k to $372k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 39% from 2022 to 2023, while revenue fell 19%.

$238k in 2022 to $331k in 2023.
  • Key Employee pay rose 17% from 2022 to 2023.
  • Chief Development Officer pay rose 33% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about HEBREW FREE LOAN SOCIETY INC

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

In 2023, the Chief Executive Officer of HEBREW FREE LOAN SOCIETY INC received $331,378 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Human Services organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Human Services organizations in New York, the 2023 pay of the Chief Executive Officer at HEBREW FREE LOAN SOCIETY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at HEBREW FREE LOAN SOCIETY INC equaled 8% of the organization's total expenses. The median for human services organizations is 8%.

What are HEBREW FREE LOAN SOCIETY INC's revenue and expenses?

In 2023, HEBREW FREE LOAN SOCIETY INC reported $5.9M in total revenue and $4M in total expenses on its IRS Form 990.

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