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Star Of Hope Ministries Inc

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

EIN: 221489912 ✦ Paterson, NJ ✦ Designated as a 501(c)(3)

Overview

What is Star Of Hope Ministries Inc?

Star of Hope Ministries Inc, based in Paterson, New Jersey, is a nonprofit organization dedicated to empowering local churches through leadership development. With a team of 18 individuals, they provide training in various areas, such as fundraising, grant writing, planning, management, and ministry development, including initiatives like food pantries, tutoring, job placement, and spiritual development. Their mission is to strengthen and increase the capacities of approximately 100 local churches, enabling them to address pain and poverty in their communities. This is accomplished through leadership development initiatives and resource support.


Official website here: www.sohm.org

Is Star Of Hope Ministries Inc legitimate?

Star Of Hope Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Star Of Hope Ministries Inc 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: $189,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $446,399

For more financial information, click here


Official website here: www.sohm.org

What is the mission statement of Star Of Hope Ministries Inc?

Star of Hope Ministries Inc's mission is to enhance and expand the capabilities of around 100 local churches. This is achieved through leadership development initiatives and resource support. The organization aims to empower these churches to address issues of pain and poverty in their communities. They provide training in areas such as fundraising, grant writing, planning, and management, as well as the development of ministries like food pantries, tutoring, job placement, and spiritual development. The ultimate goal is to help leaders improve the lives of people in their communities using evidence-based methods.


Official website here: www.sohm.org

Who is the CEO of Star Of Hope Ministries Inc?

Richard Biswurm is the Executive Di of Star Of Hope Ministries Inc.


Official website here: www.sohm.org

What is the revenue of Star Of Hope Ministries Inc?

Star Of Hope Ministries Inc's revenue in 2021 was $2,042,128.


Official website here: www.sohm.org

Who are the executives of Star Of Hope Ministries Inc and what are their salaries?

The average compensation at Star Of Hope Ministries Inc during 2021 was $35,343. There are 18 employees and 248 volunteers at Star Of Hope Ministries Inc.

Here are 11 key members and their salaries:

    Matthew Anderson (Executive Di) [Trustee/Director]
  • Compensation: $104,808
  • Related: $0
  • Other: $0

    • Richard Biswurm (Cfo)
  • Compensation: $84,972
  • Related: $0
  • Other: $0

    • John Algera (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Cordova (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Gurak (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Locola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Park (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Randall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saulo Santiago (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Sinclair (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sohm.org

    Where can I find the form 990 for Star Of Hope Ministries Inc?

    The Star Of Hope Ministries Inc’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.sohm.org

    Learn more at the official website: www.sohm.org

    Mission Statement of Star Of Hope Ministries Inc

    Star of Hope Ministries Inc is committed to strengthening and enhancing the capacities of approximately 100 local churches. Their mission is to address pain and poverty in these communities through leadership development initiatives and resource support. They achieve this by facilitating training programs for institution leaders, churches, and faith-based organizations. By utilizing evidence-based methods, Star of Hope Ministries empowers leaders to bring about positive change and improvement in the lives of people in Greater Paterson, NJ.

    The organization provides training in various areas, such as fundraising and grant writing skills, planning and management competencies, and the development of ministries like food pantries, tutoring, job placement, and spiritual development. Their aim is to equip leaders with the necessary tools to establish and manage effective ministries that address the needs of their communities. Star of Hope Ministries also assists in prayer and worship, helping to foster spiritual growth among their members and the wider community.

    Impact

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




    Thursday, August 15, 2024

    Star Of Hope Ministries Inc's impact is centered around strengthening and increasing the capacities of approximately 100 local churches in Paterson, NJ. Through their leadership development initiatives and resource support, they train leaders within institutions, churches, and faith-based organizations to help improve the lives of individuals in the community. They provide training in fundraising, grant writing, planning, management skills, as well as the development of ministries such as food pantries, tutoring programs, job placement assistance, and spiritual development through prayer and worship. Their mission is focused on addressing pain and poverty through empowering local churches to make a positive impact in the Greater Paterson area.





    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 2021.

  • Investment Income: $9,301
  • Program Service Revenue: $25,798
  • Gross Receipts: $2,042,128

    • Assets and Liabilities:
  • Total Assets: $754,217
  • Total Liabilities: $60,388
  • Net Assets: $693,829
  • Programs

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

    RESOURCE CENTER FEES

    Revenue

    $21,163

    BOOKSTORE SALES

    Revenue

    $2,991

    OTHER

    Revenue

    $1,644

    Organization Details

    Founding Year

    1943

    Principal Officer

    Richard Biswurm

    Main Address

    34 BROADWAY, PATERSON, NJ, 075051006

    NTEE Category

    Code: X20 - Religion related

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