nonprofit logo

Hope Strengthens Foundation

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

EIN: 271653356 ✦ Marblehead, MA ✦ Designated as a 501(c)(3)

Overview

What is Hope Strengthens Foundation?

Hope Strengthens Foundation is a nonprofit organization that alleviates the financial burdens faced by individuals and families dealing with life-threatening illnesses, disabilities, or recovering from traumatic injuries. Through direct financial assistance, the foundation covers medical bills, specialized treatments, and equipment not fully covered by insurance. The foundation's mission is to offer targeted financial support, ensuring access to essential care for those in need.


Official website here: www.hopestrengthens.org

Is Hope Strengthens Foundation legitimate?

Hope Strengthens Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Strengthens Foundation submitted a form 990EZ, 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.


Official website here: www.hopestrengthens.org

What is the mission statement of Hope Strengthens Foundation?

The Hope Strengthens Foundation focuses on alleviating financial burdens for individuals and families dealing with a life-threatening illness, disability, or recovery from traumatic injuries. Through direct financial support, the organization covers medical bills, specialized equipment, and treatments not fully covered by insurance. The mission is to provide targeted assistance and ease the financial stress for those in need during challenging times. The foundation's efforts aim to improve the quality of life and wellbeing of the beneficiaries, allowing them to focus on their recovery and healing.


Official website here: www.hopestrengthens.org

Who is the CEO of Hope Strengthens Foundation?

Jacob Ferreira is the Executive Director of Hope Strengthens Foundation.


Official website here: www.hopestrengthens.org

What is the revenue of Hope Strengthens Foundation?

Hope Strengthens Foundation's revenue in 2022 was $95,254.


Official website here: www.hopestrengthens.org

Who are the executives of Hope Strengthens Foundation and what are their salaries?

Here are 10 key members and their salaries:

    Jacob Ferreira (Executive Director)
  • Compensation: $50,000
  • Related: $0
  • Other: $0

    • James Fahey (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Merry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kerry Brothers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Grady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Steinberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aditya Gangopadhyay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Magali Flores Nuez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopestrengthens.org

    Where can I find the form 990EZ for Hope Strengthens Foundation?

    The Hope Strengthens Foundation’s most recent form 990EZ was submitted in 2022 and can be accessed here


    Official website here: www.hopestrengthens.org

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

    Mission Statement of Hope Strengthens Foundation

    Hope Strengthens Foundation is a charitable organization that alleviates the financial burdens associated with life-threatening illnesses, disabilities, and traumatic injuries. By directly paying for medical bills, specialized equipment, and treatments that insurance does not fully cover, the Foundation offers crucial support to individuals and families in their time of need. The mission of Hope Strengthens Foundation is geared towards providing targeted financial assistance to those facing significant health challenges or recovering from traumatic injuries. The organization's efforts are focused on strengthening the financial position of its beneficiaries, allowing them to focus on their recovery and well-being rather than being weighed down by financial stress. By bridging the gap between what insurance covers and the actual costs of treatment and care, Hope Strengthens Foundation empowers its recipients to face their health battles with greater ease and confidence.

    Impact

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




    Thursday, August 15, 2024

    Hope Strengthens Foundation has a significant impact in mitigating financial stresses for individuals and families facing life-threatening illnesses, disabilities, or traumatic injuries. The foundation directly pays for medical bills, specialized equipment, and treatments that insurance may not fully cover, easing the burden on beneficiaries. Through targeted financial support, Hope Strengthens Foundation plays a vital role in providing relief and assistance during difficult times.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $113,996

    • Assets and Liabilities:
  • Total Assets: $139,402
  • Total Liabilities: $0
  • Net Assets: $139,402
  • Organization Details

    Principal Officer

    Jacob Ferreira

    Main Address

    37R ELM ST, MARBLEHEAD, MA, 01945

    NTEE Category

    Code: D60 - Animals

    If you are a representative of Hope Strengthens Foundation 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.