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Center Of Hope

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

EIN: 020755251 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Center Of Hope?

Center of Hope is a compassionate nonprofit organization situated in the heart of the community. Dedicated to serving society's marginalized individuals, the center offers no-cost treatment programs for individuals battling alcohol, substance abuse, and other behavioral health challenges. Additionally, Center of Hope extends a helping hand to transient individuals through a transitional housing program. This program encompasses essential services such as a food bank, soup kitchen, clothing bank, shelter, and counseling sessions, ensuring a holistic approach to their recovery and reintegration into society.


Official website here: www.centerofhopedenver.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The Center of Hope has received a 76% score from Charity Navigator, reflecting a Three-Star rating. This score is derived entirely from the Accountability & Finance beacon, indicating a strong focus on financial health and transparency. The organization demonstrates notable strengths, including a fully independent board and a high program expense ratio of 98.82%, which suggests that most of its funds are directed towards its programs rather than administrative costs.

However, the assessment also reveals some areas for improvement. The organization lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, which are critical for governance and accountability. These missing elements could potentially affect the perception of transparency among stakeholders.

Overall, while the Center of Hope showcases impressive financial management and commitment to its mission, addressing the noted governance policy gaps would enhance its credibility and operational effectiveness within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Center Of Hope legitimate?

Center Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Of Hope 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.centerofhopedenver.org

What is the mission statement of Center Of Hope?

Center of Hope is a nonprofit organization that dedicates its resources to helping individuals from various backgrounds who are grappling with alcohol, substance abuse, and other behavioral health issues. Its mission is to offer cost-free, effective treatment programs to these individuals, aiming to provide them with a path towards recovery. Additionally, the organization offers transitional housing assistance to transients, providing essential services such as food banks, soup kitchens, clothing banks, shelters, and counseling services.


Official website here: www.centerofhopedenver.org

Who is the CEO of Center Of Hope?

Raymond Chavez is the Board Member of Center Of Hope.


Official website here: www.centerofhopedenver.org

What is the revenue of Center Of Hope?

Center Of Hope's revenue in 2022 was $70,604.


Official website here: www.centerofhopedenver.org

Who are the executives of Center Of Hope and what are their salaries?


Here are 4 key members and their salaries:


Robert Blanco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Fredrikz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Chavez (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Espinosa (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centerofhopedenver.org

Where can I find the form 990 for Center Of Hope?

Center Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centerofhopedenver.org

Learn more at the official website: www.centerofhopedenver.org

Mission Statement of Center Of Hope

Center of Hope is a nonprofit organization that dedicates its efforts to addressing the challenges faced by individuals affected by alcohol, substance abuse, and other behavioral health disorders. The organization's mission is to provide cost-effective treatment programs for these individuals, regardless of their age or background. Beyond treatment, Center of Hope offers transitional housing assistance to transients, which includes essential services such as a food bank, soup kitchen, clothing bank, shelter, and counseling services. This holistic approach aims to support these individuals as they work towards overcoming their struggles and rebuilding their lives.

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Impact




August, 2024

Center of Hope's impact is profound in Denver, CO. They provide effective, cost-free treatment programs to individuals of all ages who are struggling with alcohol, substance abuse, and other behavioral health disorders. Additionally, they offer transitional housing program assistance to transients, including services such as a food bank, soup kitchen, clothing bank, shelter, and counseling services. Their work directly impacts society's outcasts by providing them with essential support and resources to improve their quality of life and overcome challenges related to addiction and homelessness.




This information is meant to be a general summary of Center Of Hope. 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.

Revenue
$70,604 (2022)
Expenses
$73,277 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $843
  • Gross Receipts: $70,604

Assets and Liabilities:

  • Total Assets: $139,413
  • Total Liabilities: $0
  • Net Assets: $139,413

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Programs

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

UA Testing

Revenue

$843

Organization Details

Founding Year

2006

Principal Officer

Raymond Chavez

Main Address

5303 W Kentucky Ave, Denver, CO, 80226

NTEE Category

Code: P40 - Human services

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