Overview

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Est.

1904

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

GMILUTH CHASODIM (The Hebrew Free Loan Association) is a nonprofit organization dedicated to providing interest-free loans to residents of Northeast Ohio who face financial challenges and lack access to traditional lending sources. With an operating budget of $767,000 and total revenue of $536,600 for the 2024 filing year, the organization relies on a diverse range of funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.interestfree.org.

Mission Statement

TO PROVIDE INTEREST-FREE LOANS TO ADDRESS THE FINANCIAL CHALLENGES OF RESIDENTS OF NORTHEAST OHIO WHO LACK ACCESS TO TRADITIONAL LENDING SOURCES.
Revenues
$536.6K
Expenses
$767K
Net Income:
-$230.3K
Assets
$3.2M
Liabilities
$7.2K
Net Assets:
+$3.1M
Operating Budget
$767K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$10K
Largest grant received
$208.8K
C
Carrie Miller
Board Member
J
Jonathan Brown
Board Member
K
Kerri Colwell
Board Member

Frequently Asked Questions

What is GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION)’s budget?
In 2024, GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) reported an annual operating budget of around $767 thousand. More detailed financial information is available to registered users.
What causes does GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) support?
GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) supports work in Financial services.
Where does GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) operate?
GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) is headquartered in Cleveland, OH.
Who funded GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) recently?
In 2025, GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) received grants from JAMES AND SUSAN RATNER FAMILY FOUNDATION, THE CLEVELAND FOUNDATION, and LOCAL INITIATIVES SUPPORT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) received in 2024?
The largest grant to GMILUTH CHASODIM (THE HEBREW FREE LOAN ASSOCIATION) in 2024 exceeds $209 thousand.