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Hope Restorations Inc

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

EIN: 474619038 ✦ Kinston, NC ✦ Designated as a 501(c)(3)

Overview

What is Hope Restorations Inc?

Hope Restorations Inc is a nonprofit organization that focuses on both housing and rehabilitation. They acquire houses for renovation, which is carried out by adults who are recovering from addiction. Once renovated, these houses are either rented or sold to families in need, thereby providing them with safe and energy-efficient housing. Simultaneously, Hope Restorations offers employment, training, recovery support, and various other assistance to the recovering adults, thereby fulfilling its mission to help both these individuals and the struggling families in the area.


Is Hope Restorations Inc legitimate?

Hope Restorations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Restorations 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $485,443

For more financial information, click here


What is the mission statement of Hope Restorations Inc?
Who is the CEO of Hope Restorations Inc?
What is the revenue of Hope Restorations Inc?
Who are the executives of Hope Restorations Inc and what are their salaries?
Where can I find the form 990 for Hope Restorations Inc?

Mission Statement of Hope Restorations Inc

Hope Restorations Inc, a nonprofit organization, is dedicated to two primary objectives. Firstly, it aims to provide employment, training, recovery, support, and various forms of assistance to adults who are recovering from addiction. By offering these resources, Hope Restorations seeks to empower these individuals and help them rebuild their lives.

Secondly, Hope Restorations is committed to improving or creating safe, comfortable, and energy-efficient housing for struggling families in the community. To achieve this, the organization acquires houses and renovates them, subsequently renting or selling them to these families. By doing so, Hope Restorations not only addresses the housing needs of these families but also contributes to making the community more energy-efficient. In essence, Hope Restorations Inc's mission is to support individuals in recovery while providing affordable and sustainable housing solutions for families in need.

Impact

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




Wednesday, July 24, 2024

Hope Restorations Inc's impact is significant in Kinston, NC, as it provides employment, training, and support to adults recovering from addiction. By acquiring houses to renovate and then renting or selling them to struggling families in the area, the organization not only helps individuals in recovery but also improves the living conditions of families in need. Through its programs, Hope Restorations addresses both housing challenges and the ongoing support necessary for individuals on their journey to recovery, making a positive impact on the community as a whole.





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 2023.

  • Investment Income: $49,078
  • Program Service Revenue: $82,984
  • Gross Receipts: $714,429

    • Assets and Liabilities:
  • Total Assets: $1,001,051
  • Total Liabilities: $62,367
  • Net Assets: $938,684
  • Programs

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

    REPAIR SERVICES

    Revenue

    $82,984

    Organization Details

    Founding Year

    2015

    Principal Officer

    Christopher Jenkins

    Main Address

    P O BOX 1656, KINSTON, NC, 28503

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Hope Restorations 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.