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Shining Hope For Communities Inc

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

EIN: 271493201 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Shining Hope For Communities Inc?

Shining Hope For Communities Inc, based in New York City, is a grassroots organization committed to fostering large-scale transformation in urban slums worldwide. Their mission involves providing essential services, advocacy platforms, and educational opportunities, primarily focusing on empowering women and girls. In Kenya's urban slums, they operate community centers and libraries, serving over 126,000 beneficiaries. Employability and entrepreneurship training programs have benefited over 6,000 individuals, while SHOFCO Women's Empowerment Project (SWEP) has assisted 1,746 women. Group savings and loans have been extended to 10,500 beneficiaries, and they address gender-based violence through their response program. Shining Hope For Communities Inc served a total of 500,511 beneficiaries in 2022. The organization's Water & Sanitation Health (WASH) program aims to ensure clean water and hygiene awareness, distributing 2,582,300 liters of clean water in 2022, reaching 16,452 beneficiaries. With a workforce of seven dedicated individuals, Shining Hope For Communities Inc continues to make a significant impact in urban slums.


Official website here: www.shofco.org

Is Shining Hope For Communities Inc legitimate?

Shining Hope For Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shining Hope For Communities 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: $573,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,310,667

For more financial information, click here


Official website here: www.shofco.org

What is the mission statement of Shining Hope For Communities Inc?

Shining Hope For Communities Inc is a grassroots movement that initiates large-scale transformations in urban slums by offering essential services, advocacy platforms, and education and leadership development opportunities for women and girls. The organization's mission is to catalyze change by providing critical services to the community, advocating for their rights, and empowering women and girls through education and leadership development. Shining Hope For Communities Inc operates community centers, employment and entrepreneurship training programs, women's empowerment projects, savings and loan groups, and gender-based violence response services. In 2022, the organization served over 500,000 beneficiaries across various programs, including water and sanitation services. The WASH program provides clean water and hygiene education, distributing 2,582,300 liters of clean water and reaching 16,452 beneficiaries through its aerial piping system and community latrines.


Official website here: www.shofco.org

Who is the CEO of Shining Hope For Communities Inc?

Kennedy Odede is the President & Chief Executive Officer of Shining Hope For Communities Inc. The CEO's salary of Shining Hope For Communities Inc is $227,399 and their total compensation is $266,819.


Official website here: www.shofco.org

What is the revenue of Shining Hope For Communities Inc?

Shining Hope For Communities Inc's revenue in 2022 was $8,551,191.


Official website here: www.shofco.org

Who are the executives of Shining Hope For Communities Inc and what are their salaries?

The average compensation at Shining Hope For Communities Inc during 2022 was $554,852. There are 7 employees and 87 volunteers at Shining Hope For Communities Inc.

Here are 20 key members and their salaries (Shining Hope For Communities Inc's CEO's salary is $227,399 and their total compensation is $266,819):

    Kennedy Odede (President & Chief Executive Officer) [Trustee/Director]
  • Compensation: $227,399
  • Related: $0
  • Other: $39,420

    • Katherine Potaski (Cao & Secretary)
  • Compensation: $169,583
  • Related: $0
  • Other: $17,399

    • Silas Murianki (Cfo & Treasurer)
  • Compensation: $119,495
  • Related: $0
  • Other: $0

    • Matthew Chanoff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Dibble (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail E Disney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Cutler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Cunningham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Bluhm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Sirovich (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mimi Sternlicht (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robby Walker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd R Snyder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sybill Kern (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Posner Odede (Board Member & Co-Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philippe Dorano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Oby Ezekwesili (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Stigmata Tenga (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raoul Thomas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Mindich (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.shofco.org

    Where can I find the form 990 for Shining Hope For Communities Inc?

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


    Official website here: www.shofco.org

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

    Mission Statement of Shining Hope For Communities Inc

    Shining Hope For Communities, a grassroots movement, is dedicated to catalyzing large-scale transformation in urban slums by providing essential services, advocacy platforms, and education and leadership development for women and girls. This organization operates with a mission to improve the living conditions and empower the community members in these underserved areas.

    Shining Hope For Communities implements its mission through various programs. Their community centers and libraries serve over 126,637 beneficiaries, offering a space for learning and community engagement. Employment and entrepreneurship training is provided to 6,290 individuals, equipping them with the skills necessary to secure stable jobs and create sustainable businesses. The Shining Hope Women's Empowerment Project (SWEP) supports 1,746 women, providing them with opportunities for personal growth and development. Group savings and loans initiatives have reached 10,500 beneficiaries, providing financial stability and independence. Furthermore, the organization offers gender-based violence response services to 3,042 individuals, ensuring safety and support for those affected by such issues.

    Shining Hope For Communities also prioritizes health and hygiene, providing clean water and sanitation services to residents of Kibera through their Water & Sanitation Health (WASH) program. The aerial piping system distributes water from a network of water-kiosks, spanning over 5 kilometers, reaching 16,452 beneficiaries in 2022. Community latrines and WASH education and awareness complement the clean water efforts, ensuring the overall health and well-being of the community members. Shining Hope For Communities serves over 500,000 beneficiaries annually, demonstrating its commitment to making a significant impact in the lives of those living in urban slums.

    Impact

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




    Thursday, August 15, 2024

    Shining Hope For Communities Inc's impact includes providing essential services to urban slum residents in Kenya through programs such as community centers, employability and entrepreneurship training, women's empowerment initiatives, savings and loans programs, gender-based violence response, and a large urban network benefiting over a million people. Additionally, their Water and Sanitation Health program distributes clean water and sanitation hygiene services to residents, reaching thousands with clean water distribution and education efforts. In total, Shining Hope For Communities served over half a million beneficiaries in 2022, making a significant contribution to improving the lives of those living in urban slums.





    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: $145,444
  • Program Service Revenue: $52,784
  • Gross Receipts: $8,559,444

    • Assets and Liabilities:
  • Total Assets: $53,218,289
  • Total Liabilities: $11,650,732
  • Net Assets: $41,567,557
  • Programs

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

    REVENUE GENERATING PRO

    Revenue

    $52,784

    Organization Details

    Founding Year

    2009

    Principal Officer

    Kennedy Odede

    Main Address

    11 PARK PLACE 3RD FL, NEW YORK, NY, 10007

    NTEE Category

    Code: B20 - Education

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