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Nonprofiteer
← JEWISH FREE LOAN CHICAGO INC

Form 990 for tax year 2023

Filed by JEWISH FREE LOAN CHICAGO INC.

Totals

Total revenue
$286,746
Total expenses
$161,127
Contributions and grants received
$286,746
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$377,488
Total liabilities, end of year
$83,184
Net assets or fund balances, end of year
$294,304
Program services expenses (Part IX)
$63,413
Management and general expenses
$54,712
Fundraising expenses
$43,002
Program service expenses (Part III)
$63,413

Program services were 39.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $286,746

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $88,360 · program services $35,344 · management and general $17,672 · fundraising $35,344

  • 9 · Other employee benefits

    total $9,564 · program services $3,826 · management and general $1,912 · fundraising $3,826

  • 10 · Payroll taxes

    total $7,648 · program services $3,059 · management and general $1,530 · fundraising $3,059

  • 12 · Advertising and promotion

    total $52 · management and general $52

  • 13 · Office expenses

    total $2,822 · management and general $2,822

  • 17 · Travel

    total $1,442 · management and general $1,442

  • 20 · Interest

    total $4,832 · management and general $4,832

  • 24a · Other expenses: Bad debt

    total $17,425 · program services $17,425

  • 24b · Other expenses: Contractors

    total $16,541 · program services $2,700 · management and general $13,841

  • 24c · Other expenses: Dues and subscriptions

    total $5,788 · management and general $5,788

  • 24d · Other expenses: Insurance

    total $2,333 · management and general $2,333

  • 24e · All other expenses

    total $4,320 · program services $1,059 · management and general $2,488 · fundraising $773

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $125,602 · end of year $93,183

  • 3 · Pledges and grants receivable

    end of year $78,500

  • 4 · Accounts receivable

    beginning of year $34,000

  • 7 · Other notes and loans receivable

    beginning of year $86,394 · end of year $199,805

  • 15 · Other assets

    beginning of year $0 · end of year $6,000

  • 17 · Accounts payable and accrued expenses

    end of year $1,039

  • 24 · Unsecured notes and loans payable

    beginning of year $100,000 · end of year $82,145

  • 27 · Net assets without donor restrictions

    beginning of year $120,896 · end of year $280,274

  • 28 · Net assets with donor restrictions

    beginning of year $25,100 · end of year $14,030

Mission and programs · 2023

Mission

Jewish Free Loan Chicago helps Chicagoans discover small personal loans with zero-interest in an effort to cut out the need for predatory lending, often in the form of risky payday loans and car title loans.

Activities or mission (Part I)

Jewish Free Loan Chicago helps Chicagoans discover small personal loans with zero-interest, in an effort to cut out the need for predatory lending, often in the form of risky payday loans and car title loans.

  • Loan Administration Program

    Expenses $63,413

As filed on the 2023 return.

Listed in Part VII

  • Brent Adams

    Director

    Total calculated
    $0
    Hours/week
    5
  • Brian Hamer

    Director

    Total calculated
    $0
    Hours/week
    5
  • Alan Hoffman

    Director

    Total calculated
    $0
    Hours/week
    5
  • Anne Jablo

    Director

    Total calculated
    $0
    Hours/week
    5
  • Debbie McCann

    Director

    Total calculated
    $0
    Hours/week
    5
  • Lisa Portnoy

    Director

    Total calculated
    $0
    Hours/week
    5
  • Rabbi Capers Funnye

    Director

    Total calculated
    $0
    Hours/week
    5
  • Hilarie Lieb

    Chair

    Total calculated
    $0
    Hours/week
    5
  • Matthew Levinstein

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Aaron Robbin

    Secretary

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
25 February 2025
IRS schema version
2023v6.0
Source object
202500599349300205

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