Overview
What is House Of Hope Inc?
House of Hope Inc, situated in Lowell, Massachusetts, is a compassionate nonprofit organization dedicated to assisting the needy. With a team of 70 dedicated individuals, their mission is to provide emergency shelter, food, and essential support to homeless women and children. They prioritize families with a history of domestic violence, offering them a safe haven and essential services. During their operations, they provided shelter and aid to 109 families, impacting a total of 308 individuals, including 169 children and 139 adults. Their services extend beyond shelter, providing case management and educational opportunities for the individuals they serve, all rooted in a belief in the dignity of life.
Official website here: www.hopelowell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
House Of Hope Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The charity's overall score is based entirely on its accountability and finance metrics, which demonstrates their commitment to maintaining transparency and responsible use of resources. With a score of 92, they have effectively demonstrated sound financial practices.
The organization excels in various areas, including having a fully independent board of directors and strong oversight mechanisms. They received top scores for their financial statements, including the absence of material diversions of assets and a clear conflict of interest policy. Additionally, their program expense ratio of 86.70% signifies that a significant portion of their funds directly supports their mission.
However, it is notable that House Of Hope Inc lacks a whistleblower policy, which could be seen as a limitation in terms of organizational governance. While this does not overshadow their overall strong performance, it suggests room for improvement in their governance practices. Overall, their high rating reflects a robust ethical framework and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is House Of Hope Inc legitimate?
House Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $182,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,614,169
For more financial information, click here
Official website here: www.hopelowell.org
What is the mission statement of House Of Hope Inc?
House of Hope Inc, as a temporary shelter, is committed to providing advocacy and care for homeless individuals and families. Rooted in a belief in the dignity of life for all, the organization operates under the guidance of an ecumenical board. Its mission is to offer emergency shelter, food, and educational opportunities to those in need, regardless of race, creed, color, or sex. In 20XX, House of Hope served 109 families, accommodating a total of 308 people, including 169 children and 139 adults. Notably, 23% of the families had a history of domestic violence. During their stay, the average length of time for families before exiting was 215 days.
Official website here: www.hopelowell.org
Who is the CEO of House Of Hope Inc?
Deborah Chausse is the President of House Of Hope Inc.
Official website here: www.hopelowell.org
What is the revenue of House Of Hope Inc?
House Of Hope Inc's revenue in 2023 was $5,435,067.
Official website here: www.hopelowell.org
Who are the executives of House Of Hope Inc and what are their salaries?
The average compensation at House Of Hope Inc during 2023 was $39,947. There are 70 employees at House Of Hope Inc.
Here are 19 key members and their salaries:
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- Compensation: $166,571
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- Other: $15,560
Official website here: www.hopelowell.org
Where can I find the form 990 for House Of Hope Inc?
House Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopelowell.org
Learn more at the official website: www.hopelowell.org
Mission Statement of House Of Hope Inc
House of Hope Inc, rooted in a belief in God and guided by an ecumenical board, is dedicated to upholding the dignity of life for all individuals and families in need. As a temporary shelter, it provides emergency accommodation, food, and maintenance services to individuals regardless of their race, creed, color, or sex. Beyond offering basic necessities, House of Hope Inc extends its support through advocacy and care, aiming to assist homeless individuals and families in overcoming their challenges.
In line with its mission, House of Hope Inc offers case management and educational opportunities to the families it serves. With a focus on empowering and uplifting, the organization helps families access resources and opportunities that enable them to rebuild their lives. Notably, House of Hope Inc served 109 families, comprising 308 individuals, including 169 children and 139 adults. Among these families, 23% had a history of domestic violence, highlighting the organization's critical role in addressing various forms of vulnerability and providing a safe haven for those in need.
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Impact
July, 2024
House of Hope Inc provides crucial support to homeless women and children in Lowell, MA. They offer emergency shelter, food, case management, and educational opportunities to those in need, regardless of race, creed, color, or sex. In the past year, House of Hope Inc has assisted 109 families comprising a total of 308 individuals, including 169 children and 139 adults. Notably, 23% of these families had a history of domestic violence. On average, families who exited the program stayed for 215 days, highlighting the long-term impact of the organization's services. With a mission rooted in a belief in God and guided by an ecumenical board, House of Hope Inc works tirelessly to affirm the dignity of life for all those they serve in the community. The organization's commitment to providing housing and support has a direct and meaningful impact on the lives of those experiencing homelessness in the area.
This information is meant to be a general summary of House Of Hope 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $410,923
- Program Service Revenue: $4,279,755
- Gross Receipts: $5,435,067
Assets and Liabilities:
- Total Assets: $10,755,414
- Total Liabilities: $3,610,446
- Net Assets: $7,144,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MGMT & SOCIAL SERVICES
Revenue
$4,279,755
Organization Details
Founding Year
1985
Phone
(978) 458-2870Principal Officer
Deborah Chausse
Main Address
812 MERRIMACK STREET, LOWELL, MA, 01854
Website
www.hopelowell.orgNTEE Category
Code: L410 - Housing
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