Executive Director, Stepping Down and Leaving HFLA of Northeast Ohio

HFLA of Northeast Ohio celebrates 16 years of service and announces Acting Director

Published 10/7/2022

Michal Marcus

After one and a half decades of service HFLA of Northeast Ohio announces Executive Director, Michal Marcus, will be stepping down from her role and leaving the organization. Marcus has worked at HFLA of Northeast Ohio since 2006. HFLA of Northeast Ohio has been providing interest free loans to those that do not have access to traditional financing for 118 years. Carrie Miller will transition to the role of Acting Executive Director effective immediately. Miller had previously served as Assistant Director for the organization for nearly two years and as a board member for the organization six years prior to that. 

Under Michal’s leadership, HFLA’s interest free loan programs have grown more than fivefold. Her advocacy has been instrumental in reforming payday lending in Ohio. Michal has built an organization that is sustainable and that can continue to provide support to the members of our NEO community,” said Board President Eric Kaston. “We are pleased for her as she pursues new opportunities.”

He added, “I am excited to work with Carrie Miller in her new role as Acting Director. Carrie has been a valuable member of our executive team. She has demonstrated strong leadership across the board, and I look forward to continuing the close working partnership between our HFLA Director and Board. Together, we are committed to helping to make NEO a more equitable community.”

Acting Director, Carrie Miller

Marcus has been recognized for her significant contributions to the community through her work at HFLA of Northeast Ohio. Miller is looking forward to continuing to bring this important work to the Northeast Ohio community. She previously served as Director of Neighborhood Services at Ohio City Incorporated, Training Manager at Foundation Center (now Candid), and as Program Director at The City Club of Cleveland for five and a half years. Originally from the area, she has worked in the nonprofit sector for nearly twenty years. 

HFLA of Northeast Ohio’s mission is to provide interest-free loans to promote the economic self-sufficiency  and growth of Northeast Ohioans who are unable to access safe and fair lending resources and provide three  loan types, Standard, Business, and Education, with other loan types responding to specific community needs. Over 60% of our interest-free loans go to women in Northeast Ohio, with 70% to low-to -moderate income individuals and families.


Power of Change Honoree | Michal Marcus

Michal Marcus of HFLA of Northeast Ohio Recognized Among The Ohio Society of CPAs’ Inaugural Class of Power of Change Honorees

Added September 9, 2022

Marcus among 12 honored for their advocacy, leadership and impact surrounding women’s initiatives

COLUMBUS, OH – At its recent Women, Wealth and Wellness Conference, The Ohio Society of CPAs (OSCPA) honored Michal Marcus, Executive Director of HFLA of Northeast Ohio, for exhibiting extraordinary leadership, community involvement, mentorship and innovation in women’s initiatives. In its inaugural year, the Power of Change recognition program seeks to honor individuals who are advocates for women’s initiatives in the workplace and business community, serve as mentors or role models, make a significant impact on their communities or break barriers for other women. A committee of OSCPA members and staff selected the honorees from a pool of nominees put forward by their colleagues and co-workers.

“The research shows there is a phenomenon taking place in which women are leading their organizations in things like compassion, inclusion and equity. But too often they are leading from the middle or back of their organizations and not from their rightful places at the front,” said OSCPA President & CEO Scott Wiley, CAE. “At OSCPA, we are invested in seeing women succeed, and we know the future of business depends on prioritizing the issues and topics women are emphasizing. The Power of Change honor offers well-deserved recognition to exceptional leaders who make significant contributions every day to their organizations and communities. We’re honored to applaud this incredible class of honorees who are breaking down barriers to success, recognition and impact at both the individual and organizational levels.”

Marcus was recognized along with other 2022 Power of Change honorees from across Ohio including: Kelli Bernstein, CPA (Meaden & Moore), Betty Collins, CPA (Brady Ware & Company), Mary Kim Elkins, CPA, J.D. (Eaton Corporation), Dani Gisondo, CPA (Marcum LLP), Ebonie Jackson, CPA (Lucas County Children Services), Lori Kaiser, CPA, CGMA (Kaiser Consulting), Michal Marcus (HFLA of Northeast Ohio), Donna Sciarappa, CPA (RSM US LLP), Rachel Wojtkun, CPA (Grant Thornton LLP), Jennifer Yaross, CPA (Nationwide), Annie Yoder, CPA, CFF, CFE (Rea & Associates) and Kim Zavislak, CPA (KPMG LLP).


City of Cleveland Awards HFLA $75,000


Michal Marcus (HFLA)

Tel: 216-378-9042

Email: michal@interestfree.org


City of Cleveland Awards HFLA $75,000 for a Start-up Working Capital Fund Pilot Program


Cleveland, Ohio (SEPTEMBER 19, 2019) – Cleveland City Council approved $75,000 in funding to partner with the nonprofit Hebrew Free Loan Association (HFLA) for the creation of a joint pilot program, Start-up Working Capital.  Working in conjunction with the City of Cleveland’s Neighborhood Retail Assistance Program, this citywide initiative will provide working capital for locally-owned retail establishments, alleviating cash flow issues associated with start-up businesses.

The program will enable HFLA to provide up to $5,000 in the form of interest-free loans for eligible small businesses located or soon to open in the City of Cleveland.

“We are thrilled that the City of Cleveland understands the impact of interest-free loans for small business entrepreneurs. This grant from the City of Cleveland Economic Development department will truly allow us to expand upon our partnership and the number of small businesses we can help with an interest-free loan and we look forward to our continued work together,” says Michal Marcus, Executive Director of HFLA.

Kevin Schmotzer, Executive of Small Business Development with the City of Cleveland’s Department of Economic Development says, “this builds upon a partnership between the City of Cleveland and HFLA that will provide additional capital to our entrepreneurs and small businesses to grow in our respective neighborhoods.”

About HFLA of Northeast Ohio

HFLA of Northeast Ohio was founded in 1904 with $501 donated by Charles Ettinger, Morris Black, and their friends to help European refugees settle and begin productive lives in this

country. They believed – as we do now – that if you give someone a chance to succeed, they will pay it back and we can continue this transformative cycle. The same principle guides the

organization today. By providing interest-free loans to individuals, families, and small businesses in the Northeast Ohio area, we are able to help people help themselves. The association has drastically increased its lending capital in the past few years from individual gifts, bequests, endowments, foundation grants, memorials and honorariums and is now operating with a loan fund of over $1 million. HFLA is a 501(c)3 non-profit organization. Learn more about HFLA.