Hopeco

Teamwork City Of Hopeteamwork Ministries Int'L

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

EIN: 581821149 ✦ Martinsville, VA ✦ Designated as a 501(c)(3)

Overview

What is Hopeco?

Hopeco is a nonprofit organization, operating under the name Teamwork City of HopeTeamwork Ministries Int'l, dedicated to supporting orphans, vulnerable children, women, and other adults in Tanzania and Kenya. They provide various essential services, including funding for a children's home, primary and secondary schools, empowerment programs for women, university education, and a medical center for the impoverished. Their mission is driven by Christian faith, aiming to offer holistic care that enables these communities to thrive. On a monthly basis, more than 900 individuals benefit from their initiatives. Currently, Hopeco is also expanding its work into Kenya, focusing on rescuing girls from abuse, violence, and child marriage, and offering them education and empowerment opportunities.


Official website here: www.joinhopeco.com

Is Hopeco legitimate?

Hopeco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopeco 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: $199,371
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,771

For more financial information, click here


Official website here: www.joinhopeco.com

What is the mission statement of Hopeco?

Hopeco, driven by its Christian faith, focuses on providing comprehensive care that empowers vulnerable children, their families, and communities in East Africa, enabling them to thrive. Through various initiatives, Hopeco supports orphans, at-risk children, women, and other adults. This includes funding a children's home for 85 children, operating primary and secondary schools for up to 500 children, providing empowerment programs for women, offering university education, and establishing a medical center for an impoverished community. Collectively, more than 900 individuals receive assistance every month. Furthermore, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage, and offer them educational and empowerment opportunities.


Official website here: www.joinhopeco.com

Who is the CEO of Hopeco?

Matt Parker is the Chief Executive Officer of Hopeco. The CEO's salary of Hopeco is $96,000 and their total compensation is $96,000.


Official website here: www.joinhopeco.com

What is the revenue of Hopeco?

Hopeco's revenue in 2022 was $1,266,125.


Official website here: www.joinhopeco.com

Who are the executives of Hopeco and what are their salaries?

The average compensation at Hopeco during 2022 was $52,828. There are 5 employees and 3 volunteers at Hopeco.

Here are 10 key members and their salaries (Hopeco's CEO's salary is $96,000 and their total compensation is $96,000):

    Matt Parker (Chief Executive Officer)
  • Compensation: $96,000
  • Related: $0
  • Other: $0

    • Regina Chacha (President/Cofounder) [Trustee/Director]
  • Compensation: $52,500
  • Related: $0
  • Other: $0

    • Lisa Honaker (Finance Director)
  • Compensation: $50,871
  • Related: $0
  • Other: $0

    • Gerard Hopkins (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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


  • Official website here: www.joinhopeco.com

    Where can I find the form 990 for Hopeco?

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


    Official website here: www.joinhopeco.com

    Learn more at the official website: www.joinhopeco.com

    Mission Statement of Hopeco

    Hopeco, driven by its Christian faith, is committed to delivering high-quality holistic care to vulnerable children, their families, and communities in East Africa. The organization's mission is to empower these individuals, enabling them to thrive and flourish. Hopeco achieves this by providing a variety of services.

    In Tanzania and Kenya, Hopeco cares for orphans, vulnerable children, women, and other adults. This is evident in the funding of a children's home for 85 children, primary and secondary schools for up to 500 children, and empowerment programs for women. Additionally, Hopeco supports university education and operates a medical center in an impoverished community. As a result, more than 900 people are served every month by Hopeco.

    Furthermore, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage. By providing education and empowerment opportunities, Hopeco aims to give these girls the chance to break free from their circumstances and build a better future for themselves. In this way, Hopeco's mission is to uplift and support the most vulnerable individuals in East Africa, enabling them to flourish and lead fulfilling lives.

    Impact

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




    Saturday, July 20, 2024

    Hopeco's impact is profound, as it provides crucial support and care for orphans, vulnerable children, women, and other adults in Tanzania and Kenya. Through its initiatives funded by Hopeco, including a children's home, schools, empowerment programs for women, university education, and a medical center, over 900 individuals are served every month. Additionally, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage, while providing education and empowerment opportunities. This holistic approach is making a tangible difference in enabling vulnerable individuals and communities in East Africa to flourish.





    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: $-167
  • Program Service Revenue: $14,634
  • Gross Receipts: $1,273,785

    • Assets and Liabilities:
  • Total Assets: $239,489
  • Total Liabilities: $16,046
  • Net Assets: $223,443
  • Programs

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

    Leadership Training Revenue

    Revenue

    $13,543

    Women's Program Revenue

    Revenue

    $1,091

    Organization Details

    Founding Year

    1988

    Principal Officer

    Matt Parker

    Main Address

    P O Box 4001, Martinsville, VA, 24115

    NTEE Category

    Code: Q30 - International

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