Hopes Community Action Partnership

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

EIN: 221801849 ✦ Hoboken, NJ ✦ Designated as a 501(c)(3)

Overview

What is Hopes Community Action Partnership?

Hopes Community Action Partnership is a New Jersey-based nonprofit organization, specifically located at 301 Garden Street in Hoboken. Their mission is to offer community services addressing the social, educational, and training needs of individuals to help them surmount barriers and tackle the root causes of poverty. Through various programs, they reach approximately 1,300 children in Hoboken, Plainfield, and Somerset, New Jersey, providing early childhood education under the Federal Head Start, New Jersey Abbott Preschool, and Universal Pre-K programs. Beyond children, this organization benefits around 3,200 income-eligible families with its comprehensive services. Employing a team of 343 individuals, Hopes Community Action Partnership ensures a significant impact on the community.


Is Hopes Community Action Partnership legitimate?

Hopes Community Action Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopes Community Action Partnership 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: $593,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,035,100

For more financial information, click here


What is the mission statement of Hopes Community Action Partnership?
Who is the CEO of Hopes Community Action Partnership?
What is the revenue of Hopes Community Action Partnership?
Who are the executives of Hopes Community Action Partnership and what are their salaries?

The average compensation at Hopes Community Action Partnership during 2023 was $45,565. There are 343 employees and 833 volunteers at Hopes Community Action Partnership.

Here are 18 key members and their salaries (Hopes Community Action Partnership's CEO's salary is $211,389 and their total compensation is $223,070):


Where can I find the form 990 for Hopes Community Action Partnership?

Mission Statement of Hopes Community Action Partnership

Hopes Community Action Partnership, a dedicated organization, is committed to addressing the social, educational, and training needs of individuals in order to help them overcome barriers and fight the causes of poverty. Through its mission, Hopes Community Action Partnership strives to make a positive impact on the lives of those in need.

Approximately 1,300 children have benefited from the organization's early childhood education services under the Federal Head Start and New Jersey Abbott Preschool and Universal Pre-K Programs. Hopes Community Action Partnership extends its reach to an impressive number of approximately 3,200 income-eligible families, providing essential community services in the cities of Hoboken, Plainfield, and Somerset, New Jersey. By offering these programs, the organization plays a significant role in fostering the growth and development of the next generation while simultaneously addressing the needs of their families.

In simple terms, Hopes Community Action Partnership acts as a beacon of hope for those facing challenges in their lives. By focusing on the essential aspects of social, educational, and training needs, the organization empowers individuals to break free from the cycle of poverty and build a brighter future for themselves and their families.

Impact

This information is meant to be a general summary of Hopes Community Action Partnership. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Hopes Community Action Partnership provides community services that respond to social, educational, and training needs to overcome barriers and fight the causes of poverty. The organization has a significant impact, reaching approximately 1,300 children through early childhood education programs such as Head Start and New Jersey Abbott Preschool. Additionally, around 3,200 income-eligible families in the cities of Hoboken, Plainfield, and Somerset, New Jersey have benefited from their community services. With a focus on community improvement, Hopes Community Action Partnership plays a vital role in addressing the needs of individuals and families in these areas.





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 2023.

  • Investment Income: $425
  • Program Service Revenue: $375,843
  • Gross Receipts: $28,378,106

    • Assets and Liabilities:
  • Total Assets: $23,316,590
  • Total Liabilities: $8,666,556
  • Net Assets: $14,650,034
  • Programs

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

    PARENT FEES

    Revenue

    $375,843

    Organization Details

    Founding Year

    1964

    Principal Officer

    Simona Ovanezian

    Main Address

    301 GARDEN STREET, HOBOKEN, NJ, 07030

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Hopes Community Action Partnership 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.