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Hope Community Inc

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

EIN: 237013134 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Hope Community Inc?

Hope Community Inc is a nonprofit organization situated in New York City, specifically at 174 East 104th Street, New York, NY 10029. Its primary mission is to improve housing situations for moderate-income individuals and provide necessary support services to homeless families. This includes the development, ownership, management, and provision of housing for the former group, as well as housing and rehabilitation services for the latter. By offering a safe and supportive environment, Hope Community Inc aims to foster stability and improve living conditions for its beneficiaries.


Official website here: www.hopecl.org

Is Hope Community Inc legitimate?

Hope Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Community 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: $262,330
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,595,098

For more financial information, click here


Official website here: www.hopecl.org

What is the mission statement of Hope Community Inc?

Hope Community Inc's mission is centered around providing housing solutions. The organization develops, manages, and offers housing for individuals with moderate income. Additionally, they extend their services to homeless families, offering them rehabilitation support as well. The goal is to ensure that everyone has a suitable place to live and the necessary resources to improve their living conditions. They strive to make a positive impact on these families' lives, offering them a chance at a more stable living situation.


Official website here: www.hopecl.org

Who is the CEO of Hope Community Inc?

Walter M Roberts is the Board Chair of Hope Community Inc.


Official website here: www.hopecl.org

What is the revenue of Hope Community Inc?

Hope Community Inc's revenue in 2022 was $10,141,121.


Official website here: www.hopecl.org

Who are the executives of Hope Community Inc and what are their salaries?

Here are 15 key members and their salaries:

    Walter M Roberts (Executive Director)
  • Compensation: $136,611
  • Related: $0
  • Other: $6,560

    • Lorenzo Cesare (Director Of Finance)
  • Compensation: $105,957
  • Related: $0
  • Other: $0

    • Brad Beckstrom (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clayton Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gemma Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madison Bedard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marissa Mack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Markham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maya Kurien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Collazo Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Merkerson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Young (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Varun Sanyal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ofenloch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopecl.org

    Where can I find the form 990 for Hope Community Inc?

    The Hope Community Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hopecl.org

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

    Mission Statement of Hope Community Inc

    Hope Community Inc, as a mission-driven organization, is dedicated to addressing the housing needs of moderate-income individuals and providing support to homeless families. This nonprofit organization takes an active role in developing, owning, managing, and providing housing solutions for individuals who fall within this income bracket. Furthermore, Hope Community Inc extends its services to families experiencing homelessness, offering them housing and rehabilitation programs to help them regain stability and independence. By providing these essential services, Hope Community Inc plays a crucial role in supporting vulnerable populations and contributing to their overall well-being.

    Impact

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




    Thursday, August 15, 2024

    Hope Community Inc's impact can be seen in the tangible difference it makes in the lives of moderate-income individuals and homeless families in New York City. By developing, owning, managing, and providing housing, as well as offering rehabilitation services, Hope Community Inc is directly addressing the pressing issue of homelessness and housing insecurity. Their mission to create stable housing options for those in need speaks volumes about their commitment to improving the well-being of the 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: $3,391,266
  • Program Service Revenue: $6,505,567
  • Gross Receipts: $10,141,121

    • Assets and Liabilities:
  • Total Assets: $51,917,413
  • Total Liabilities: $7,802,880
  • Net Assets: $44,114,533
  • Programs

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

    BUILDING MAINTENANCE

    Revenue

    $3,397,385

    RENTAL INCOME

    Revenue

    $1,862,811

    MANAGEMENT & SOCIAL SERVICE

    Revenue

    $1,211,325

    DEVELOPER FEES

    Revenue

    $34,046

    Organization Details

    Founding Year

    1968

    Principal Officer

    Walter M Roberts

    Main Address

    174 EAST 104TH STREET, NEW YORK, NY, 10029

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Hope Community Inc 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.