Overview
What is Hope Initiatives Cdc Incorporated?
Hope Initiatives Cdc Incorporated is a nonprofit organization situated in Rochester, New York, at 506 West Broad Street. Their primary mission is to aid individuals and families who rely on social services, offering emergency furniture, household items, moving, and storage services. In 2021-22, they assisted over 1,600 families and individuals. The organization also provides carpentry, welding, and CNC skills experiences to community volunteers and residents in the Monroe County area. Hope Initiatives operates five days a week, with a goal to empower those in need to become self-sufficient givers, breaking the cycle of dependency through community service, skill development, and a new perspective on their potential. Additionally, they help restore lives impacted by incarceration, addictions, and poverty through employment, skills training, biblical discipleship, encouragement, and hope. Their team comprises 15 dedicated individuals.
Official website here: www.makinghopepossible.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Three-Star out of Four Stars (86%)
Hope Initiatives Cdc Incorporated has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scores particularly well in areas such as having a fully independent board and comprehensive financial documentation, which indicates good governance practices. Their program expense ratio is also impressive, showcasing that a significant portion of their funding is directed towards their charitable programs.
The charity's strengths lie in its independent oversight and transparency, as evidenced by its policies on conflicts of interest and whistleblowing, which further enhance their credibility. The organization maintains a robust structure for financial oversight, ensuring that funds are utilized efficiently and effectively to support its mission.
However, there are some areas where the organization could improve, particularly in its liabilities to assets ratio, which stands at 62.75%. This suggests that while the charity is managing its resources well, it may carry a relatively high level of liabilities compared to its assets, which could be a concern for potential donors regarding financial stability. Overall, Hope Initiatives Cdc Incorporated demonstrates a commendable level of accountability and a strong focus on its charitable goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope Initiatives Cdc Incorporated?
86% of 5 reviewers on Facebook recommend Hope Initiatives CDC Incorporated. Here is a summary of their reviews:
Many users are appreciative of the support provided, particularly in personal and spiritual aspects. One reviewer expressed gratitude for finding the organization online and noted how it has positively influenced their spiritual journey.
Overall, the sentiment reflects a strong belief in the nonprofit's ability to assist individuals in their personal growth, indicating that the organization is making a meaningful impact on those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Hope Initiatives Cdc Incorporated legitimate?
Hope Initiatives Cdc Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Initiatives Cdc Incorporated 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: $119,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,531
For more financial information, click here
Official website here: www.makinghopepossible.com
What is the mission statement of Hope Initiatives Cdc Incorporated?
Hope Initiatives Cdc Incorporated's mission is centered around empowering individuals who rely on social service support to become self-sufficient and able to assist others in need. This organization aims to break the cycle of dependency by offering opportunities for service, skill development, and a shift in mindset. Their mission extends to restoring lives impacted by incarcerations, addictions, and poverty, providing employment, skills training, biblical discipleship, encouragement, and hope. The organization also operates a warehouse that provides emergency furniture and household items to families in need, serving over 1,600 families and individuals in 2021-22. Furthermore, Hope Initiatives offers carpentry, welding, and CNC skills experiences to volunteers and community members within the surrounding area. All programs and services operate five days a week, and the organization also collaborates with other rehabilitation agencies to make affordable housing available for those in transition.
Official website here: www.makinghopepossible.com
Who is the CEO of Hope Initiatives Cdc Incorporated?
Virginia D Sedgwick is the President & Ceo of Hope Initiatives Cdc Incorporated. The CEO's salary of Hope Initiatives Cdc Incorporated is $73,765 and their total compensation is $78,096.
Official website here: www.makinghopepossible.com
What is the revenue of Hope Initiatives Cdc Incorporated?
Hope Initiatives Cdc Incorporated's revenue in 2022 was $915,722.
Official website here: www.makinghopepossible.com
Who are the executives of Hope Initiatives Cdc Incorporated and what are their salaries?
The average compensation at Hope Initiatives Cdc Incorporated during 2022 was $26,894. There are 15 employees and 12 volunteers at Hope Initiatives Cdc Incorporated.
Here are 13 key members and their salaries (Hope Initiatives Cdc Incorporated's CEO's salary is $73,765 and their total compensation is $78,096):
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- Compensation: $73,765
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- Compensation: $47,966
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Official website here: www.makinghopepossible.com
Where can I find the form 990 for Hope Initiatives Cdc Incorporated?
Hope Initiatives Cdc Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.makinghopepossible.com
Learn more at the official website: www.makinghopepossible.com
Mission Statement of Hope Initiatives Cdc Incorporated
Hope Initiatives Cdc Incorporated is dedicated to restoring lives that have been affected by incarcerations, addictions, and poverty. They achieve this goal through various means, including employment opportunities, skills training, biblical discipleship, encouragement, and instilling hope. The organization's mission is to help individuals break the cycle of dependency by engaging in acts of service, developing their skills, and rethinking their potential. By doing so, those who once relied on social service support to meet their basic needs can become self-sufficient and, in turn, offer assistance to those still in need.
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Impact
July, 2024
Hope Initiatives CDC Incorporated's impact is significant in transforming the lives of individuals and families in need within the Rochester, NY community. By offering a range of services such as emergency furniture and household items, moving and storage services, carpentry, welding, and CNC skills experiences, as well as providing quality, affordable housing options, they are effectively breaking the cycle of dependency and empowering individuals to become self-sufficient. Their dedication to restoring lives affected by various challenges like incarcerations, addictions, and poverty through employment, skills training, Biblical discipleship, encouragement, and hope is commendable. In 2021-22 alone, they served over 1,600 families and individuals, demonstrating a tangible and meaningful impact on their community.
This information is meant to be a general summary of Hope Initiatives Cdc Incorporated. 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 2022.
- Investment Income: $26
- Program Service Revenue: $714,741
- Gross Receipts: $915,722
Assets and Liabilities:
- Total Assets: $542,342
- Total Liabilities: $340,323
- Net Assets: $202,019
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FURNITURE / HOUSEHOLD
Revenue
$636,735
EMERGENCY MOVES
Revenue
$33,379
MISCELLANEOUS SERVICES
Revenue
$33,122
PRIVATE MOVES
Revenue
$11,505
Organization Details
Founding Year
2002
Phone
(585) 232-1136Principal Officer
Virginia D Sedgwick
Main Address
506 WEST BROAD STREET, ROCHESTER, NY, 14608
Website
www.makinghopepossible.comNTEE Category
Code: B90 - Education
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