2024-05-28T16:53:17-05:00 2023-12-31 860683059 BEACHFLEISCHMAN PLLC 1985 E RIVER ROAD SUITE 201 TUCSON AZ 85718 990 2023-01-01 866052407 HEBREW FREE LOAN ASSOCIATION OF TUCSON INC HEBR 5202975360 5049 E BROADWAY 154 TUCSON AZ 85711 KATIE FILOUS MALKA PRESIDENT 5202975360 2024-05-17 1 KATIE FILOUS MALKA 999009999 0 MONICA A VERA CPA P01456278 5203214600 2024-05-17 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X TUCSON JEWISH FREE LOAN ALLISON WEXLER 5049 E BROADWAY 154 TUCSON AZ 85711 219958 0 X THEFREELOAN.ORG X 2007 AZ PROVIDE INTEREST-FREE FINANCIAL ASSISTANCE EMPOWERING PEOPLE TO GAIN SELF-SUFFICIENCY WITH DIGNITY. 7 7 2 14 0 0 97340 202046 0 0 21416 17912 -6229 0 112527 219958 8464 7764 0 0 62698 82991 0 0 5731 34871 40277 106033 131032 6494 88926 614253 730917 0 0 614253 730917 X THE HEBREW FREE LOAN ASSOCIATION OF TUCSON DBA TUCSON JEWISH FREE LOAN PROVIDES INTEREST-FREE FINANCIAL ASSISTANCE EMPOWERING PEOPLE TO ACHIEVE SELF-SUFFICIENCY WITH DIGNITY. 0 0 107459 7764 THE HEBREW FREE LOAN ASSOCIATION OF TUCSON DBA TUCSON JEWISH FREE LOAN IS A NON-PROFIT CORPORATION THAT HAS SERVED THE INTEREST AND NEEDS OF PEOPLE OF ALL FAITHS IN OUR COMMUNITY SINCE 1947. TUCSON JEWISH FREE LOAN HAS BECOME A LIFELINE FOR THOSE FACING FINANCIAL CHALLENGES IN OUR COMMUNITY.IN 2023, TJFL ORIGINATED 80 NEW LOANS TOTALING $122,390.30. OF THE 80 NEW LOANS, 12 PROVIDED INFLATION RELIEF, 43 WERE PART OF OUR EMPLOYEE FINANCIAL ASSISTANCE PROGRAM, AND 25 LOANS WERE FOR GENERAL SUPPORT.ON VETERAN'S DAY 2023, DONORS PAID OFF 8 VETERANS' LOANS TOTALING $9,940.IN 2023, TUCSON JEWISH FREE LOAN JOINED A COLLABORATIVE NETWORK TO PROVIDE WRAP AROUND SERVICES FOR ENTIRE FAMILIES; OFFERING INTEREST-FREE LOANS TO QUALIFIED CONSTITUENTS OF 7 OTHER TRUSTED PARTNERS SERVING SOUTHERN ARIZONA. 107459 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALLISON WEXLER 5202975360 5049 E BROADWAY 154 TUCSON AZ 85711 ALLISON WEXLER EXECUTIVE DIRECTOR 30.00 X 52953 0 0 BRUCE ASH DIRECTOR 1.00 X 0 0 0 DANIELLA BREGMAN DIRECTOR 1.00 X 0 0 0 MONICA ROSENBAUM DIRECTOR 1.00 X 0 0 0 PHILIP BREGMAN PRESIDENT 1.00 X X 0 0 0 KATIE FILOUS PRESIDENT ELECT 1.00 X X 0 0 0 SCOTT STOVALL TREASURER 1.00 X X 0 0 0 LORI LUNDBERG-LEUNG SECRETARY 1.00 X X 0 0 0 52953 0 0 0 0 0 0 0 202046 202046 12094 12094 5818 0 5818 5818 5818 219958 0 0 17912 7764 7764 52953 45010 5295 2648 24140 20519 2414 1207 5898 5013 590 295 1579 1579 4771 4771 3144 2672 315 157 1499 1274 150 75 5469 4650 545 274 917 779 92 46 12639 10743 1264 632 1535 1305 153 77 1373 1167 137 69 35 35 5019 4266 502 251 BAD DEBTS 2297 2297 131032 107459 17842 5731 44479 150343 2547 2547 34 0 462123 458002 107617 122572 614253 730917 0 0 X 614253 730917 614253 730917 614253 730917 88926 27738 0 X 0 0 0 X 53399 70907 96290 97340 202046 519982 53399 70907 96290 97340 202046 519982 169500 350482 10477 6992 38463 12008 12094 80034 600016 362 0.58410 0.52300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1528 1528 0 1019 1019 0 0 JCFSA POOLED INVESTMENTS 458002 F 458002 INTEREST FREE LOANS 122572 C 122572 1 ANGEL DONOR GRANT 11 6964 EMERGENCY CRISIS GRANT 2 800 PART I, LINE 2: ANGEL DONOR FUNDS ARE USED TO PAY OFF DEFAULTED LOANS AS DIRECTED BY DONORS. DONORS RESTRICT THEIR DONATIONS TO OUR ANGEL FUND, AND WHEN BORROWERS BECOME UNABLE TO CONTINUE TO MAKE LOAN PAYMENTS, WE APPLY THESE FUNDS TO CLOSE THE LOAN. EMERGENCY CRISIS GRANTS ARE GIVEN TO INDIVIDUALS WHO DEMONSTRATE ACUTE NEED, BUT NO ABILITY TO MAKE LOAN PAYMENTS. WE SET ASIDE $2,000 EACH YEAR TO ASSIST PEOPLE IN THIS PREDICAMENT. FORM 990, PART VI, SECTION A, LINE 2 PHILIP BREGMAN AND DANIELLA BREGMAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE DRAFT FORM 990 WILL BE EMAILED TO EACH BOARD MEMBER. A DEADLINE WILL BE ESTABLISHED FOR REVIEW AND BOARD MEMBERS WILL SUBMIT REVISIONS, IF NEEDED, PRIOR TO FILING FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: A. AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, B. A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR C. A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATIONS BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBERS' RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE THAT RESEARCHES AND REVIEWS COMPATIBLE SALARIES TO SIMILAR POSITIONS AND SCALES TO OUR ORGANIZATION. THE BOARD REVIEWED INFORMATION PROVIDED BY CENTER FOR NON-PROFIT MANAGEMENT AND WWW.PAYSCALE.COM FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.