Jewish Free Loan Chicago Inc, operating under the name Jewish Free Loan Chicago JFLC, is located in Chicago, IL. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Free Loan Chicago JFLC is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
JEWISH FREE LOAN CHICAGO HELPS CHICAGOANS DISCOVER SMALL PERSONAL LOANS WITH ZERO-INTEREST, IN AN EFFORT TO CUT OUT THE NEED FOR PREDATORY LENDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOAN ADMINSTRATION PROGRAM
LOAN ADMINSTRATION PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leah Greenbum Executive Director | Officer | 40 | $80,000 |
Brian Hamer Director | Officer | 5 | $0 |
Brent Adams Director | Officer | 5 | $0 |
Aaron Robbin Secretary | Officer | 5 | $0 |
Matthew Levinstein Treasurer | Officer | 5 | $0 |
Capers Funnye Director | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $291,799 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $291,799 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $291,799 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $81,300 |
Compensation of current officers, directors, key employees. | $13,009 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $6,043 |
Other employee benefits | $2,400 |
Payroll taxes | $7,547 |
Fees for services: Management | $4,950 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,461 |
Office expenses | $117 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $631 |
Travel | $1,467 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $567 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,395 |
All other expenses | $8,427 |
Total functional expenses | $170,600 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $125,602 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $34,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $86,394 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $245,996 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $100,000 |
Other liabilities | $0 |
Total liabilities | $100,000 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $245,996 |