HIAS INC

SILVER SPRING, MD | Montgomery County
Community Services

Overview

HIAS INC
13-5633307
1300 SPRING STREET
SILVER SPRING, MD 20910
Montgomery County
(301) 844-7300

info@hias.org
Mission Statement info

DRAWING ON OUR JEWISH VALUES AND HISTORY, HIAS PROVIDES VITAL SERVICES TO REFUGEES AND ASYLUM SEEKERS AROUND THE WORLD AND ADVOCATES FOR THEIR FUNDAMENTAL RIGHTS SO THEY CAN REBUILD THEIR LIVES.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Award Recipient
Founded info
1903
Total Employees info
1,933
Total Volunteers info
150
Nonprofit Classification (NTEE Code) info
Q71

Q - International, Foreign Affairs, and National Security

International Migration & Refugee Issues

Organizations that monitor and inform the public about the world refugee situation; review refugee-related legislation; and advocate for specific policies relating to the plight of refugees in other countries. Also included are organizations that raise money to enable refugees to leave their own countries and migrate to foreign countries of their choice; or provide aid to refugees who have left their country of origin and are residing in another country outside the United States.

IRS Activity Codes info
999
Uncoded
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813311
Human Rights Organizations
Targeted Clients info
  • Children & Youth
  • Economically Disadvantaged
  • Entrepreneurs
  • Families
  • Immigrants or Refugees
  • People Needing Credit Counseling
  • Job Seekers
  • LGBTQ Individuals
  • Minority Individuals
  • Minority-Owned Businesses
  • People outside the U.S.
  • Small Businesses
  • Unemployed
  • Women
CRA Income Characteristics info
  • Low-Income
  • People Living Below Poverty Level
  • SNAP Recipients
  • SSI Recipients
  • Welfare Recipients

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
100%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Affordable Housing
HIAS implements a range of strategic housing programs to expand access to housing opportunities. 1. The HIAS Housing Guarantee Fund (HGF) provides financial backstopping for refugees’ first leases in the U.S., the HGF reduces risk to housing providers and increases housing access, affordability, and stability for recently arrived refugees. 2. Revolving Security Deposit Fund enables HIAS to pay the high security deposits which are often required for refugees due to their lack of rental and credit history. 3. Housing Access and Stability Fund helps partners cover emergency rental assistance for clients who would otherwise face eviction.
Targeted Clients info
  • Immigrants or Refugees
CRA Income Characteristics info
  • Low-Income
HIAS Economic Advancement Fund, Inc
HIAS Economic Advancement Fund, Inc (EAF), is an emerging Community Development Financial Institution (CDFI) and wholly owned subsidiary of HIAS, Inc. EAF provides refugees and other forcibly displaced entrepreneurs with access to financial products and services that promote economic opportunity and financial well-being. EAF partners with affiliate sites in twelve metro areas to support business development and expansion, helping refugees increase their income, improve their credit, and advance toward their goals. EAF uses a hub-and-spoke model to deliver financial products and services, serving as the centralized lending hub while our affiliate partners serve as business training and technical assistance providers in the communities served
Targeted Clients info

    Not reported

CRA Income Characteristics info
  • Low-Income
Financial Literacy
HIAS’ Financial Literacy program provides multi-modal learning opportunities, to create a critical baseline of financial knowledge that will accelerate clients' integration into the U.S. Topics include Earning, Spending, Borrowing, and Saving/Protecting, which covers budgeting, cash management, savings, and credit education. This training aims to help participants increase or maintain their credit scores, enable them to achieve long-term goals of buying a home or vehicle, and handle everyday financial tasks with confidence.
Targeted Clients info
  • Immigrants or Refugees
CRA Income Characteristics info
  • Low-Income
Employment Services
HIAS implements several programs to help refugees obtain the skills, confidence, and credentialing needed to advance their careers. With an emphasis on vocational English, digital literacy, and soft skills training for the U.S. marketplace as the foundational building blocks, along with job-specific training, HIAS’ comprehensive approach aims to address barriers unique to refugees that stunt career mobility and skilled employment. HIAS aims to equip participants with the necessary skills to navigate an increasingly digital economy and ever-changing workforce.
Targeted Clients info
  • Immigrants or Refugees
CRA Income Characteristics info
  • Low-Income
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2022 $125,000 CDFI Technical Assistance open_in_new HIAS Economic Advancement Fund Inc

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$143.3M
Revenue
$118.7M
Assets
$115.6M

IRS Business Master File Details info

As of Oct 2023
Exempt Ruling Date info
1954-09
Deductibility Status info
Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Central Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of Nov 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12
Tax period ending in
2015-12

Nonprofit Location

Physical Address info
1300 SPRING STREET
SILVER SPRING, MD 20910
Montgomery County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
23224
MSA/MD info
24
State info
031
County info
7028.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
47900 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Combined Statistical Area info
548 - Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Metropolitan Division info
23224 - Frederick-Gaithersburg-Rockville, MD
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 47.25%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
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Market Data

Census Tract County
7028.00 Montgomery County
Population
Total Population 5,264 1,057,201
Total Households 2,735 383,308
Income
Median Family Income (Census*) $171,211 $117,345
Median Family Income (2023 FFIEC est.) $151,400 $143,900
Tract Income Percentage 132.62% N/A
Below Poverty Level 4.8% 7.0%
Unemployment Level 5.9% 4.9%
Housing
Total Housing Units 2,837 401,942
Total Owner-Occupied Units 45.2% 65.4%
Total Renter-Occupied Units 51.3% 34.6%
Total Vacant Units 3.6% 5.4%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Lara Moninghoff
(301) 844-7300
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Emily Primack
Senior Director, Institutional Development
emily.primack@hias.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990T e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.