Overview
What is Hope Center Foundation?
The Hope Center Foundation, based in Chicago, Illinois, is a nonprofit organization committed to aiding Chicago residents in overcoming poverty and securing a living wage, ultimately leading to generational wealth. Their primary mission involves tackling the underlying factors causing poverty and violence within the community. To accomplish this, they employ innovative, problem-solving programs that focus on homeownership, financial literacy, workforce development, youth mentorship, and entrepreneurship. One of their notable initiatives is R.E.A.D.Y. (Recruit, Employ, Advance & Develop Youth) - To Work, a twenty-week job readiness program designed for low-income youth aged 16-24. This program aims to provide career training, expose participants to the workforce, and foster their development into responsible citizens. The Hope Center Foundation employs a creative approach to its mission, recruiting, employing, and developing youth through active involvement in the workforce. The organization currently has 27 employees working towards this goal.
Official website here: www.hopecenterchicago.org
Is Hope Center Foundation legitimate?
Hope Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Center Foundation 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: $28,435
Professional Fundraising Fees: $48,000
Other Salaries and Wages: $237,397
For more financial information, click here
Official website here: www.hopecenterchicago.org
What is the mission statement of Hope Center Foundation?
The Hope Center Foundation's mission is geared towards helping individuals in poverty transition towards living wage jobs and eventual generational wealth. The organization strives to tackle the underlying factors contributing to poverty and violence in communities by implementing innovative, problem-solving programs. These programs focus on home ownership, financial literacy, workforce development, youth mentorship, and entrepreneurship. One of their key initiatives, the R.E.A.D.Y. (Recruit, Employ, Advance & Develop Youth) program, is a 20-week job readiness course designed for low-income youth between 16 and 24 years old. The aim is to prepare participants for the workforce by offering career training using creative methods, ultimately aiming to foster better citizens through involvement in the workforce.
Official website here: www.hopecenterchicago.org
What is the revenue of Hope Center Foundation?
Hope Center Foundation's revenue in 2022 was $980,418.
Official website here: www.hopecenterchicago.org
Who are the executives of Hope Center Foundation and what are their salaries?
The average compensation at Hope Center Foundation during 2022 was $9,846. There are 27 employees and 45 volunteers at Hope Center Foundation.
Here are 8 key members and their salaries:
- Shenita Muse (Executive Director)
- Cheryle Jackson (Vice President) [Trustee/Director]
- Darryl Farrow (Secretary) [Trustee/Director]
- David Doig (Treasurer) [Trustee/Director]
- James T Meeks (President/Chairman Of The Board) [Trustee/Director]
- Henry D Mcghee Jr (Board Member) [Trustee/Director]
- Jamell Meeks (Board Member) [Trustee/Director]
- Otis Wright (Board Member) [Trustee/Director]
Official website here: www.hopecenterchicago.org
Where can I find the form 990 for Hope Center Foundation?
The Hope Center Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hopecenterchicago.org
Learn more at the official website: www.hopecenterchicago.org
Mission Statement of Hope Center Foundation
The Hope Center Foundation is dedicated to aiding Chicago residents in their journey out of poverty and towards living wages, ultimately striving for generational wealth. At the heart of its mission, the organization seeks to tackle the underlying causes of poverty and violence within the community. It accomplishes this by implementing innovative and solution-oriented programs that provide support in various sectors, including home ownership, financial literacy, workforce development, youth mentorship, and entrepreneurship.
One of the initiatives undertaken by the Hope Center Foundation is the R.E.A.D.Y. (Recruit, Employ, Advance & Develop Youth) program, which is specifically designed for low-income youth between the ages of 16 and 24. The goal of this twenty-week job readiness program is to provide participants with exposure to the workforce and prepare them for their future careers. Through creative methods, the Hope Center Foundation aims to recruit, employ, and develop these young individuals, instilling in them a sense of responsibility and active citizenship. The program's ultimate aim is to equip these youth with the necessary skills to thrive in the workforce and contribute positively to their communities.
Impact
This information is meant to be a general summary of Hope Center Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Hope Center Foundation's impact can be seen in its dedicated efforts to help Chicago residents transition out of poverty and into generational wealth. Through programs like R.E.A.D.Y. To Work, the organization is actively recruiting, employing, advancing, and developing low-income youth aged 16-24 for the workforce. By providing job readiness training and career exposure, Hope Center Foundation is preparing the next generation for sustainable employment and financial stability. Additionally, the organization's comprehensive approach to addressing poverty and violence in the community through programs focused on home ownership, financial literacy, workforce development, youth mentorship, and entrepreneurship is positively shaping the lives of individuals and families in Chicago.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2015
Phone
(773) 371-2345
Main Address
10909 S Cottage Grove Avenue, Chicago, IL, 60628
Website
www.hopecenterchicago.org
NTEE Category
Code: P60 - Human services
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