2024-12-03T09:51:50-06:00 2024-05-31 310800053 CLARK SCHAEFER HACKETT & CO 3505 COOLIDGE RD EAST LANSING MI 48823 990 2023-06-01 381359260 HEBREW FREE LOAN ASSOCIATION HEBR 2487238184 6735 TELEGRAPH ROAD 300 BLOOMFIELD HILLS MI 48301 DAVID CONTORER EXECUTIVE DIRECTOR 2487238184 2024-12-02 1 0 ESTHER DANIEL P01285343 5173515508 2024-12-02 2023 2024-10-15 13:58:12Z DAVID CONTORER 6735 TELEGRAPH ROAD 300 BLOOMFIELD HILLS MI 48301 1178121 0 X HFLDETROIT.ORG X 1895 MI 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. 73 73 7 73 0 0 864346 871782 22775 22775 140638 283564 0 0 1027759 1178121 0 0 0 0 650946 697518 0 0 160312 339455 317249 990401 1014767 37358 163354 14134650 14587847 151673 260401 13982977 14327446 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. 0 0 599141 THE ORGANIZATION GRANTS INTEREST FREE LOANS AS REQUIRED BY THE ASSOCIATION'S CHARTER AND IN ACCORDANCE WITH JEWISH TRADITION. 94902 22775 THE ASSOCIATION ADMINISTERS THE WILLIAM DAVIDSON JEWISH COLLEGE LOAN PROGRAM BY PROVIDING SUPPORT TO STUDENTS IN NEED WITH INTEREST FREE LOANS. 694043 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 4 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 73 73 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID CONTORER 2487238184 6735 TELEGRAPH RD STE 300 BLOOMFIELD HILLS MI 48301 STEVEN ARBIT DIRECTOR 1.00 X 0 0 0 JEFFREY ARONOFF DIRECTOR 1.00 X 0 0 0 JOANNE ARONOVITZ DIRECTOR 1.00 X 0 0 0 MICHAEL BANKS PAST PRESIDENT 1.00 X 0 0 0 RICHARD BARR DIRECTOR 1.00 X 0 0 0 CAROLYN BELLINSON PAST PRESIDENT 1.00 X 0 0 0 MICHAEL BERKE PAST PRESIDENT 1.00 X 0 0 0 AMY BERLIN DIRECTOR 1.00 X 0 0 0 ALLEN BERMAN PRESIDENT 1.00 X X 0 0 0 SAM BERNSTEIN HONORARY LIFE MEMBER 1.00 X 0 0 0 STAN BERSHAD HONORARY LIFE MEMBER 1.00 X 0 0 0 MARLENE BORMAN PAST PRESIDENT 1.00 X 0 0 0 BETH BRANDVAIN DIRECTOR 1.00 X 0 0 0 RICHARD BRODER PAST PRESIDENT 1.00 X 0 0 0 KEVIN CHUPACK DIRECTOR 1.00 X 0 0 0 ROBERT CITRIN PAST PRESIDENT 1.00 X 0 0 0 NITA COHEN VICE PRESIDENT 1.00 X X 0 0 0 LAUREN DAITCH DIRECTOR 1.00 X 0 0 0 PEGGY DAITCH PAST PRESIDENT 1.00 X 0 0 0 JOANNE DANTO HONORARY LIFE MEMBER 1.00 X 0 0 0 BRETT DEMARRAIS DIRECTOR 1.00 X 0 0 0 LLOYD DOIGAN DIRECTOR 1.00 X 0 0 0 JON DWOSKIN DIRECTOR 1.00 X 0 0 0 AMY ERSHER DIRECTOR 1.00 X 0 0 0 SETH FABER DIRECTOR 1.00 X 0 0 0 JON FELLOWS SECRETARY 1.00 X X 0 0 0 RANDALL FOGELMAN DIRECTOR 1.00 X 0 0 0 LACEY FOON NEXTGEN LIASON 1.00 X 0 0 0 LAURIE FRANKEL PAST PRESIDENT 1.00 X 0 0 0 DAVID FURMAN DIRECTOR 1.00 X 0 0 0 DAVID GACH DIRECTOR 1.00 X 0 0 0 JEFFREY GARDEN DIRECTOR 1.00 X 0 0 0 JOSH GERSHONOWICZ DIRECTOR 1.00 X 0 0 0 DIANE GOLDSTEIN DIRECTOR 1.00 X 0 0 0 ELI GOLSHTEYN DIRECTOR 1.00 X 0 0 0 MICHAEL GRAUB HONORARY LIFE MEMBER 1.00 X 0 0 0 PAUL HACK PAST PRESIDENT 1.00 X 0 0 0 JULIE TREPECK HARRIS DIRECTOR 1.00 X 0 0 0 JOEL HECHLER DIRECTOR 1.00 X 0 0 0 SUE HODESS TREASURER 1.00 X X 0 0 0 SALLY HOOBERMAN DIRECTOR 1.00 X 0 0 0 DAVID JACOBSON DIRECTOR 1.00 X 0 0 0 MARY KEANE HONORARY LIFE MEMBER 1.00 X 0 0 0 LORIE KESSLER DIRECTOR 1.00 X 0 0 0 SHERRI KETAI DIRECTOR 1.00 X 0 0 0 DAVID KIRSCH HONORARY LIFE MEMBER 1.00 X 0 0 0 LINDA KOVAN DIRECTOR 1.00 X 0 0 0 DAVID KRAMER PAST PRESIDENT 1.00 X 0 0 0 REX LANYI HONORARY LIFE MEMBER 1.00 X 0 0 0 RANDIE LEVIN DIRECTOR 1.00 X 0 0 0 ARTHUR LISS PAST PRESIDENT 1.00 X 0 0 0 ZACHARY LISS DIRECTOR 1.00 X 0 0 0 RALPH MCDOWELL VICE PRESIDENT 1.00 X X 0 0 0 JAY MUST HONORARY LIFE MEMBER 1.00 X 0 0 0 HARRIET ORLEY PAST PRESIDENT 1.00 X 0 0 0 ADAM POGODA DIRECTOR 1.00 X 0 0 0 RICHARD ROTH DIRECTOR 1.00 X 0 0 0 JARED ROTHBERGER DIRECTOR 1.00 X 0 0 0 MICHELLE RUBIN DIRECTOR 1.00 X 0 0 0 CARLY SCHIFF DIRECTOR 1.00 X 0 0 0 ROB SCHWARTZ PAST PRESIDENT 1.00 X 0 0 0 JEFFREY SERMAN DIRECTOR 1.00 X 0 0 0 JOYCE SHERMAN HONORARY LIFE MEMBER 1.00 X 0 0 0 STUART SHERMAN PAST PRESIDENT 1.00 X 0 0 0 STUART SNIDER PAST PRESIDENT 1.00 X 0 0 0 NECHAMA SOLOFF DIRECTOR 1.00 X 0 0 0 JONATHAN STERLING PRESIDENT-ELECT 1.00 X X 0 0 0 JOHN TEWELES DIRECTOR 1.00 X 0 0 0 CAROLYN TISDALE PAST PRESIDENT 1.00 X 0 0 0 PAM TORRACO DIRECTOR 1.00 X 0 0 0 DAVID WALLACE HONORARY LIFE MEMBER 1.00 X 0 0 0 ANDI WOLFE DIRECTOR 1.00 X 0 0 0 BARBIE ZALTZ DIRECTOR 1.00 X 0 0 0 LAURIE BANKS CONTROLLER (THROUGH 9/15/23) 17.00 X 65242 0 0 DAVID CONTORER EXECUTIVE DIRECTOR 35.00 X 206345 0 8948 KIMBERLEY BERNZWEIG CONTROLLER (STARTED 8/13/23) 35.00 X 32738 0 0 304325 0 8948 1 0 1 0 0 871782 871782 PROGRAM SERVICE REVENU 561000 22775 22775 22775 283564 283564 1178121 22775 0 283564 314805 203608 56603 54594 274267 177390 49314 47563 23459 15173 4218 4068 43071 27857 7745 7469 41916 27110 7537 7269 22344 22344 9200 9200 7496 7496 22406 4916 17490 80726 49570 1710 29446 36413 34310 2103 28985 28985 48240 43601 2315 2324 2795 2795 11126 11126 5027 5027 BAD DEBT 18226 18226 CREDIT REPORT FEES 15786 10186 124 5476 MISCELLANEOUS 6479 5414 1065 DUES 2000 2000 1014767 694043 160412 160312 369650 341967 7098586 6541792 122751 37916 5458472 6430117 1405 3152 386002 370262 25473 15740 1034287 1098046 24026 119117 14134650 14587847 127472 140739 24201 119662 151673 260401 X 12817939 13191484 1165038 1135962 13982977 14327446 14134650 14587847 163354 181115 0 X X 0 1 X 1 0 X 2425055 1118715 1111190 864346 871782 6391088 2425055 1118715 1111190 864346 871782 6391088 969246 5421842 101631 35945 3490 140638 283564 565268 6956356 165296 0.77940 0.82040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1034287 114607 50848 1098046 1081775 3192 50680 1034287 1177470 -46580 49115 1081775 970437 109 257323 50399 1177470 1022796 -2552 49807 970437 1.00000 1 0 99685 97056 2629 286317 273206 13111 15740 UJF ENDOWMENTS 1098046 F 1098046 OPERATING LEASE LIABILITY 119662 119662 1351740 181115 181115 1170625 7496 7496 1178121 1007271 0 1007271 7496 7496 1014767 PART V, LINE 4: THE INVESTMENT POLICIES FOR ENDOWMENT ASSETS ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE PROGRAMS AND ARE SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. X X 0 0 0 0 0 0 0 0 0 DAVID CONTORER EXECUTIVE DIRECTOR 206345 0 0 0 0 0 8948 0 0 0 215293 0 0 0 MICHAEL BANKS BOARD MEMBER OF ORGANIZATION 34246 COMPENSATION TO FAMILY MEMBER EMPLOYED BY ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 2 JOYCE SHERMAN, BOARD MEMBER, AND STUART SHERMAN, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. ARTHUR LISS, BOARD MEMBER, AND ZACHARY LISS, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. JEFFREY SERMAN, BOARD MEMBER, AND JON DWOSKIN, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. RICHARD ROTH, BOARD MEMBER, AND JEFFREY ARONOFF, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B MEETING HELD TO DISCUSS AND APPROVE 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE REVIEWED ON AN ANNUAL BASIS OR AS BROUGHT TO THE ORGANIZATION'S ATTENTION. DOCUMENTED RESOLUTIONS ARE MADE AS TO DISPOSITION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION APPROVED BY BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.