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Nueva Esperanza Inc

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

EIN: 042774010 ✦ Holyoke, MA ✦ Designated as a 501(c)(3)

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Overview

What is Nueva Esperanza Inc?

Nueva Esperanza Inc is a nonprofit organization situated in Holyoke, Massachusetts. Committed to community development, they primarily focus on managing public housing facilities within the area. Their mission revolves around enhancing the community's overall well-being through these housing facilities. Though the information provided is limited, it indicates that they aim to contribute positively to the local community, offering a space for growth and improvement.

Is Nueva Esperanza Inc legitimate?

Nueva Esperanza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nueva Esperanza 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $55,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,509

For more financial information, click here

What is the mission statement of Nueva Esperanza Inc?

Nueva Esperanza Inc's mission revolves around community development. They achieve this by managing public housing facilities, contributing to the betterment of various communities. Their primary focus is on Holyoke, Massachusetts, but their impact likely extends beyond this locale. By operating these housing facilities, Nueva Esperanza plays a significant role in fostering a sense of community, potentially providing residents with essential resources and opportunities for social interaction.

Who is the CEO of Nueva Esperanza Inc?

Stephen Huntley is the Director of Nueva Esperanza Inc.

What is the revenue of Nueva Esperanza Inc?

Nueva Esperanza Inc's revenue in 2023 was $380,009.

Who are the executives of Nueva Esperanza Inc and what are their salaries?

The average compensation at Nueva Esperanza Inc during 2023 was $20,048. There are 3 employees at Nueva Esperanza Inc.


Here are 13 key members and their salaries:


Jason Ferenc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Dailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Huntley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Robles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yanina Vargas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Bordeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge Colon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Sanchez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enix Zavala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Falcon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Montano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Axel Fontanez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Moquin (Non Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nueva Esperanza Inc?

Nueva Esperanza Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nueva Esperanza Inc

Nueva Esperanza Inc, a nonprofit organization, is dedicated to promoting community development. They achieve this mission by managing public housing facilities in Holyoke, Massachusetts. By overseeing these residential spaces, Nueva Esperanza contributes to the betterment of the community, fostering a sense of unity and improvement within the local area.

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Impact




October, 2024

Nueva Esperanza Inc significantly impacts the community in Holyoke, MA, by promoting community development through its management of public housing facilities. By providing access to safe and affordable housing, the organization plays a vital role in enhancing the quality of life for residents. Through its initiatives, Nueva Esperanza fosters stability, security, and a sense of belonging among community members, which in turn contributes to the overall well-being of the area. The focus on community-driven solutions empowers individuals and families, supporting their growth and integration into the broader community, ultimately helping to create a more vibrant and supportive environment in Holyoke.




This information is meant to be a general summary of Nueva Esperanza Inc. 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
$380,009 (2023)
Expenses
$346,169 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $169
  • Program Service Revenue: $3,765
  • Gross Receipts: $411,116

Assets and Liabilities:

  • Total Assets: $899,366
  • Total Liabilities: $898
  • Net Assets: $898,468

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Programs

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

PROGRAM REVENUE

Revenue

$3,765

Organization Details

Founding Year

1982

Principal Officer

Stephen Huntley

Main Address

401 MAIN STREET, HOLYOKE, MA, 01040

NTEE Category

Code: L21 - Housing

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