nonprofit logo

Hope & Main

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

EIN: 272917974 ✦ Warren, RI ✦ Designated as a 501(c)(3)

Overview

What is Hope & Main?

Hope & Main is a nonprofit organization based in Warren, Rhode Island, located at 691 Main Street. Their primary mission is to support local entrepreneurs and businesses in the food industry by offering low-cost, low-risk access to shared-use commercial kitchens and various industry-specific technical resources. This initiative aims to help early-stage food companies and related businesses get off the ground, providing them with a platform to grow and thrive. With a team of 31 dedicated individuals, Hope & Main plays a crucial role in fostering and nurturing the local food industry, contributing to the economic growth and development of the community.


Official website here: www.makefoodyourbusiness.org

Is Hope & Main legitimate?

Hope & Main is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope & Main 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $444,248

For more financial information, click here


Official website here: www.makefoodyourbusiness.org

What is the mission statement of Hope & Main?

Hope & Main aims to assist early-stage food entrepreneurs and businesses by offering them affordable and low-risk access to shared-use commercial kitchens and industry-specific technical resources. This organization aims to help these entrepreneurs kickstart their ventures, providing them with essential resources that may otherwise be out of reach. By doing so, Hope & Main contributes to the growth and development of the local food industry, supporting entrepreneurs in turning their ideas into successful businesses.


Official website here: www.makefoodyourbusiness.org

Who is the CEO of Hope & Main?

Lisa Raiola is the Shrm-Cp Phr of Hope & Main.


Official website here: www.makefoodyourbusiness.org

What is the revenue of Hope & Main?

Hope & Main's revenue in 2022 was $1,208,253.


Official website here: www.makefoodyourbusiness.org

Who are the executives of Hope & Main and what are their salaries?

The average compensation at Hope & Main during 2022 was $14,331. There are 31 employees and 40 volunteers at Hope & Main.

Here are 16 key members and their salaries:

    Kyle Adamonis (Shrm-Cp Phr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Almeida (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamarah Bacon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Banalewicsz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Bergeron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • W Henry Blade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Brush (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sumana Chintapalli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne B Dahmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sergio Ferreira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Fonseca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Maloney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Pivarnik Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Pollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Raiola (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.makefoodyourbusiness.org

    Where can I find the form 990 for Hope & Main?

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


    Official website here: www.makefoodyourbusiness.org

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

    Mission Statement of Hope & Main

    Hope & Main is an organization dedicated to aiding local entrepreneurs in the early stages of food-related businesses. Their mission is to offer affordable and low-risk access to shared-use commercial kitchens and industry-specific technical resources. By doing so, Hope & Main aims to provide a platform for these entrepreneurs to kickstart their ventures, thereby fostering the growth of the food industry in the local community.

    Impact

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




    Thursday, August 15, 2024

    Hope & Main's impact lies in its ability to empower local entrepreneurs in the food industry by providing them with low-cost access to shared-use commercial kitchens and other industry-specific technical resources. By supporting these early-stage food companies and food-related businesses, Hope & Main helps jump-start their growth and success. This not only benefits the individual entrepreneurs but also contributes to the local economy by fostering innovation, job creation, and community improvement.





    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: $730,826
  • Gross Receipts: $1,235,610

    • Assets and Liabilities:
  • Total Assets: $2,526,610
  • Total Liabilities: $3,335,073
  • Net Assets: -$808,463
  • Programs

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

    MEMBERSHIP INCOME

    Revenue

    $730,826

    Organization Details

    Founding Year

    2014

    Principal Officer

    Lisa Raiola

    Main Address

    691 MAIN STREET, WARREN, RI, 02885

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Hope & Main 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.