Overview
What is Hope Association?
Hope Association, based in Rumford, Maine, is a dedicated nonprofit organization that offers comprehensive support to individuals with intellectual disabilities and their families. Their services encompass leadership, residential care, case management, vocational assistance, and community engagement programs. These initiatives aim to promote independence, dignity, choice, and overall well-being for the individuals they serve. Located at 85 Lincoln Avenue, this organization's mission is to enhance the lives of those with intellectual and related disabilities, providing them with the tools and resources necessary to thrive in their communities. As of the provided information, there is a workforce of 137 dedicated individuals working towards this cause.
Official website here: www.hopeassociation.org
What are the reviews and ratings of this charity?
Charity Navigator rates Hope Association with a score of 96%, granting it a Four-Star out of Four Star rating. This high score indicates a strong commitment to accountability and financial management, suggesting that the organization effectively utilizes its resources to maximize its impact.
The strengths of Hope Association are evident in its governance practices, with 100% of board members being independent and a comprehensive set of policies in place, including conflict of interest and whistleblower policies. The organization also demonstrates solid financial health, with a low liabilities-to-assets ratio and a significant majority of its expenses allocated to programs, reflecting a focus on mission-driven work.
While the data primarily highlights the positive aspects of Hope Association's operations, potential donors or supporters might consider seeking additional information on its specific programs or outcomes to gain a fuller understanding of its impact in the community. Overall, the charity's exemplary financial practices and governance structures position it as a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Association legitimate?
Hope Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Association 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,748,174
For more financial information, click here
Official website here: www.hopeassociation.org
What is the mission statement of Hope Association?
The Hope Association is dedicated to offering leadership, residential, case management, vocational, and community support services to individuals with intellectual and related disabilities and their families. These services aim to enhance their independence, dignity, choice, and overall well-being. The organization operates boarding homes for those with intellectual disabilities, providing a safe and supportive environment. Their programs are designed to empower these individuals and their families, fostering a sense of choice and self-determination.
Official website here: www.hopeassociation.org
What is the revenue of Hope Association?
Hope Association's revenue in 2024 was $5,247,394.
Official website here: www.hopeassociation.org
Who are the executives of Hope Association and what are their salaries?
The average compensation at Hope Association during 2024 was $22,635. There are 125 employees at Hope Association.
Here are 12 key members and their salaries:
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- Compensation: $81,230
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Official website here: www.hopeassociation.org
Where can I find the form 990 for Hope Association?
Hope Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.hopeassociation.org
Learn more at the official website: www.hopeassociation.org
Mission Statement of Hope Association
Hope Association is committed to offering leadership, residential, case management, vocational, and community support services to individuals with intellectual and related disabilities and their families. Their mission is to enhance independence, dignity, choice, and individual well-being for these individuals through various programs. By providing these services, Hope Association aims to empower these individuals and their families, giving them the resources they need to live fulfilling lives. The organization operates boarding homes for people with intellectual disabilities, offering a safe and supportive environment where they can grow and thrive.
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Impact
July, 2024
Hope Association's impact is profound in enhancing the independence, dignity, and well-being of individuals with intellectual and related disabilities. By providing leadership, residential, case management, vocational, and community support services, Hope Association empowers individuals and their families to lead fulfilling lives. Through their programs, they promote inclusion and choice, ensuring that each person receives the necessary support to thrive and contribute to their communities. Hope Association's dedication to improving the lives of those with disabilities makes a significant difference in creating a more inclusive and supportive society.
This information is meant to be a general summary of Hope Association. Please take the time to review official sources before making any decisions based upon the content provided here.
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 2024.
- Investment Income: $4,227
- Program Service Revenue: $4,992,965
- Gross Receipts: $5,249,952
Assets and Liabilities:
- Total Assets: $11,037,923
- Total Liabilities: $417,508
- Net Assets: $10,620,415
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINECARE
Revenue
$4,825,131
OTHER INCOME
Revenue
$133,662
PRIVATE PAY
Revenue
$34,172
Organization Details
Founding Year
1961
Principal Officer
Jessica Hines
Website
www.hopeassociation.orgNTEE Category
Code: E200 - Health
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