nonprofit logo

Hope Initiatives Cdc Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030374933 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Hope Initiatives Cdc Incorporated?

Hope Initiatives Cdc Incorporated is a nonprofit organization situated in Rochester, New York, at 506 West Broad Street. Their primary mission is to aid individuals and families who rely on social services, offering emergency furniture, household items, moving, and storage services. In 2021-22, they assisted over 1,600 families and individuals. The organization also provides carpentry, welding, and CNC skills experiences to community volunteers and residents in the Monroe County area. Hope Initiatives operates five days a week, with a goal to empower those in need to become self-sufficient givers, breaking the cycle of dependency through community service, skill development, and a new perspective on their potential. Additionally, they help restore lives impacted by incarceration, addictions, and poverty through employment, skills training, biblical discipleship, encouragement, and hope. Their team comprises 15 dedicated individuals.


Official website here: www.makinghopepossible.com

Is Hope Initiatives Cdc Incorporated legitimate?

Hope Initiatives Cdc Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Initiatives Cdc Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $119,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,531

For more financial information, click here


Official website here: www.makinghopepossible.com

What is the mission statement of Hope Initiatives Cdc Incorporated?

Hope Initiatives Cdc Incorporated's mission is centered around empowering individuals who rely on social service support to become self-sufficient and able to assist others in need. This organization aims to break the cycle of dependency by offering opportunities for service, skill development, and a shift in mindset. Their mission extends to restoring lives impacted by incarcerations, addictions, and poverty, providing employment, skills training, biblical discipleship, encouragement, and hope. The organization also operates a warehouse that provides emergency furniture and household items to families in need, serving over 1,600 families and individuals in 2021-22. Furthermore, Hope Initiatives offers carpentry, welding, and CNC skills experiences to volunteers and community members within the surrounding area. All programs and services operate five days a week, and the organization also collaborates with other rehabilitation agencies to make affordable housing available for those in transition.


Official website here: www.makinghopepossible.com

Who is the CEO of Hope Initiatives Cdc Incorporated?

Virginia D Sedgwick is the President & Ceo of Hope Initiatives Cdc Incorporated. The CEO's salary of Hope Initiatives Cdc Incorporated is $73,765 and their total compensation is $78,096.


Official website here: www.makinghopepossible.com

What is the revenue of Hope Initiatives Cdc Incorporated?

Hope Initiatives Cdc Incorporated's revenue in 2022 was $915,722.


Official website here: www.makinghopepossible.com

Who are the executives of Hope Initiatives Cdc Incorporated and what are their salaries?

The average compensation at Hope Initiatives Cdc Incorporated during 2022 was $26,894. There are 15 employees and 12 volunteers at Hope Initiatives Cdc Incorporated.

Here are 13 key members and their salaries (Hope Initiatives Cdc Incorporated's CEO's salary is $73,765 and their total compensation is $78,096):

    Virginia D Sedgwick (President & Ceo)
  • Compensation: $73,765
  • Related: $0
  • Other: $4,331

    • David Dey (Finance Director)
  • Compensation: $47,966
  • Related: $0
  • Other: $0

    • Lori Sousa-Meixell (Board Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Nagle (Board Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Chen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Opira (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herbert Alexander (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew P Kreutz (Board Secretary - Thru May 2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence Lewis (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Olson (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Vickers (Director At Large - Thru Dec 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Iacucci (Director At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Shipman (Director At Large - Started In Year)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.makinghopepossible.com

    Where can I find the form 990 for Hope Initiatives Cdc Incorporated?

    The Hope Initiatives Cdc Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.makinghopepossible.com

    Learn more at the official website: www.makinghopepossible.com

    Mission Statement of Hope Initiatives Cdc Incorporated

    Hope Initiatives Cdc Incorporated is dedicated to restoring lives that have been affected by incarcerations, addictions, and poverty. They achieve this goal through various means, including employment opportunities, skills training, biblical discipleship, encouragement, and instilling hope. The organization's mission is to help individuals break the cycle of dependency by engaging in acts of service, developing their skills, and rethinking their potential. By doing so, those who once relied on social service support to meet their basic needs can become self-sufficient and, in turn, offer assistance to those still in need.

    Impact

    This information is meant to be a general summary of Hope Initiatives Cdc Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Hope Initiatives CDC Incorporated's impact is significant in transforming the lives of individuals and families in need within the Rochester, NY community. By offering a range of services such as emergency furniture and household items, moving and storage services, carpentry, welding, and CNC skills experiences, as well as providing quality, affordable housing options, they are effectively breaking the cycle of dependency and empowering individuals to become self-sufficient. Their dedication to restoring lives affected by various challenges like incarcerations, addictions, and poverty through employment, skills training, Biblical discipleship, encouragement, and hope is commendable. In 2021-22 alone, they served over 1,600 families and individuals, demonstrating a tangible and meaningful impact on their community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26
  • Program Service Revenue: $714,741
  • Gross Receipts: $915,722

    • Assets and Liabilities:
  • Total Assets: $542,342
  • Total Liabilities: $340,323
  • Net Assets: $202,019
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FURNITURE / HOUSEHOLD

    Revenue

    $636,735

    EMERGENCY MOVES

    Revenue

    $33,379

    MISCELLANEOUS SERVICES

    Revenue

    $33,122

    PRIVATE MOVES

    Revenue

    $11,505

    Organization Details

    Founding Year

    2002

    Principal Officer

    Virginia D Sedgwick

    Main Address

    506 WEST BROAD STREET, ROCHESTER, NY, 14608

    NTEE Category

    Code: B90 - Education

    If you are a representative of Hope Initiatives Cdc Incorporated and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.