NonprofitsHias Economic Advancement Fund Inc

Community Improvement & Capacity Building

Hias Economic Advancement Fund Inc

SILVER SPRING, MD

Total revenue

$594K

Total expenses

$650K

Net assets

$459K

Grants received

$1.1M

3 grants

EIN

880984307

Tax year

2023

Mission

See part iii, line 1.

Financials

FY 2023

Revenue

Contributions & grants$526K
Program service revenue$68K
Investment income$23
Other revenue
Total revenue$594K

Expenses

Grants paid$18K
Salaries & benefits$424K
Fundraising$22K
Other expenses$208K
Total expenses$650K
Total assets$1.0M
Net assets$459K

People

8 listed

NameRoleCompensation

PHILLIP BAILEY

DIRECTOR

Board

$96K

35 hrs/wk

BILL ABRAMS

TREASURER, (UNTIL 6/9/2024)

Board

1 hrs/wk

ADINA ABRAMOWITZ

SECRETARY (UNTIL 12/14/2023)

Board

1 hrs/wk

TAMRA THETFORD

SECRETARY

Board

1 hrs/wk

ALICIA WRENN

CHAIR

Board

4 hrs/wk

TITI IKHILE

DIRECTOR

Board

1 hrs/wk

AMANDA JOSEPH

DIRECTOR (FROM 8/7/2024)

Board

1 hrs/wk

GREG MIKULKA

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$54K
CHARITABLE GIFT
2024
$602K
FINANCIAL ASSISTANCE TO ENTREPRENEURS REFUGEES & GENERAL SUPPORT
2023
$443K
FINANCIAL ASSISTANCE TO ENTREPRENEURS REFUGEES
2023

Funded by

$1.1M from 2 funders · 3 grants · 2023–2024

Hias Inc

$1.0M · 2 grants · 2023

Edward Charles Foundation

$54K · 1 grant · 2024

Details

EIN880984307
NTEE codeS31
Subsection03
Ruling date2024-05
Formed2022
Employees5
Volunteers7
HIAS ECONOMIC ADVANCEMENT FUND INC — Mission, Financials & Grants Received | Grantivo