Overview
What is Operation Hope Inc?
Operation Hope Inc is a nonprofit organization situated in Atlanta, Georgia, with a significant presence at 191 Peachtree Street NE 3840. Their mission revolves around financial education and empowerment in underserved communities. The primary focus of Operation Hope is their Adult HOPE Inside program, which helps individuals improve their financial situations by addressing credit denial factors and increasing their FICO scores, on average, by 42 points. The programs offered include financial literacy workshops, entrepreneurial training, foreclosure prevention counseling, money management, homeownership assistance, small business development, and credit & money management. In 2022, Operation Hope served 176,880 adults and expanded their network to 230 locations. Their work leads to substantial savings, reduced debt, and mortgage loan acquisitions for their clients. Operation Hope's ultimate goal is to create financially stable communities and stakeholders.
Official website here: www.operationhope.org
Is Operation Hope Inc legitimate?
Operation Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Hope 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: $3,729,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,755,749
For more financial information, click here
Official website here: www.operationhope.org
What is the mission statement of Operation Hope Inc?
Operation Hope Inc is dedicated to expanding economic opportunities in underprivileged communities through financial education and empowerment. Their mission is to offer programs that foster stable communities and create financial stakeholders. Adults are provided essential resources to enhance their financial situations, with an average increase of 42 points in FICO scores after seeking assistance. Operation Hope's initiatives encompass financial literacy workshops, entrepreneurial training, credit and money management, homeownership assistance, and small business development. In 2022, they served 176,880 adults and expanded their network to 230 locations, resulting in increased savings, reduced debt, and the acquisition of $103 million in mortgage loans for their clients.
Official website here: www.operationhope.org
Who is the CEO of Operation Hope Inc?
Brian Betts is the Chairman/Ceo of Operation Hope Inc. The CEO's salary of Operation Hope Inc is $633,555 and their total compensation is $655,323.
Official website here: www.operationhope.org
What is the revenue of Operation Hope Inc?
Who are the executives of Operation Hope Inc and what are their salaries?
The average compensation at Operation Hope Inc during 2022 was $54,888. There are 355 employees and 498 volunteers at Operation Hope Inc.
Here are 24 key members and their salaries (Operation Hope Inc's CEO's salary is $633,555 and their total compensation is $655,323):
- John Bryant (Chairman/Ceo) [Trustee/Director]
- Brian Betts (President/Cfo)
- Rachael Doff (Sevp/Cao)
- Mary Hagerty (Evp, Partnership)
- Lance Triggs (Evp, Programs)
- Kevin Boucher (Evp, Chief Advocacy Officer)
- Jennifer Wolford (Evp, Chief Innovation Officer)
- Jena Roscoe (Svp, Government Affairs)
- Nicole Pietro (Svp, Chief Development Officer)
- Elaine Hungenberg (Evp, Hope R&I)
- William Fair (Dir Of Product Dev)
- Hannah Mcfadden (Svp Hope R&I)
- Evelyn Ducoulombier (Svp, C&C Affairs)
- Edwin Salako (Svp, Info Tech)
- Lisa Borders (Board Member) [Trustee/Director]
- Michael Arougheti (Board Member) [Trustee/Director]
- Bryan Jordan (Board Member) [Trustee/Director]
- Tim Welsh (Board Member) [Trustee/Director]
- Jeff Schmid (Board Member) [Trustee/Director]
- Jed York (Board Member) [Trustee/Director]
- Timothy Wennes (Board Member) [Trustee/Director]
- Brad Hanson (Board Member) [Trustee/Director]
- Frank Martell (Board Member) [Trustee/Director]
- Stephen Ryan Esq (Board Member) [Trustee/Director]
Official website here: www.operationhope.org
Where can I find the form 990 for Operation Hope Inc?
The Operation Hope Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.operationhope.org
Learn more at the official website: www.operationhope.org
Mission Statement of Operation Hope Inc
Operation Hope Inc, a mission-driven organization, strives to broaden economic opportunities in disadvantaged communities by delivering financial education and empowerment. Through their innovative programs, they aim to foster financially stable communities and cultivate responsible stakeholders.
At the heart of Operation Hope Inc's initiatives is the Adult HOPE Inside program. This program extends a helping hand to individuals seeking to enhance their financial situations. By approving clients upon request, committing to resolving primary credit denial factors, and providing personalized guidance, Operation Hope Inc has helped boost FICO scores by an average of 42 points.
The organization's comprehensive offerings encompass Financial Literacy Workshops, Entrepreneurial Training, Foreclosure Prevention counseling, Money Management sessions, Homeownership guidance, Small Business resources, and Credit & Money Management expertise. In 2022, Operation Hope Inc rendered 176,880 adult services, further expanding their HOPE Inside network to 230 locations. The transformative impact of these services is evident in the achievements of their clients, who increased their savings by $1,100, reduced their debt by $1,944, and secured $103 million in mortgage loans.
Impact
This information is meant to be a general summary of Operation Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Operation Hope Inc's impact is significant in expanding economic opportunity in underserved communities. Through its Adult HOPE Inside program, clients are provided with resources to improve their financial situations, resulting in tangible outcomes such as increased savings and reduced debt. The organization's 700-credit score initiative has successfully raised FICO scores by an average of 42 points, empowering individuals to become financial stakeholders. In 2022 alone, Operation Hope Inc provided nearly 177,000 adult services and expanded its network to 230 locations. Clients have achieved remarkable milestones, including obtaining $103 million in mortgage loans. This demonstrates the organization's commitment to creating stabilized communities and empowering individuals through financial education and empowerment programs.
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
1992
Phone
(404) 941-2919
Principal Officer
Brian Betts
Main Address
191 PEACHTREE STREET NE 3840, ATLANTA, GA, 30303
Website
www.operationhope.org
NTEE Category
Code: Z99Z - Unknown
If you are a representative of Operation Hope 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.