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Hope Empowerment & Development Zone

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

EIN: 204598911 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hope Empowerment & Development Zone?

Hope Empowerment & Development Zone is a nonprofit organization situated in Brooklyn, New York, specifically at 369 New Lots Avenue, 11207. Their mission is to equip the community they serve with resources to bridge the wealth gap, foster self-reliance, and prepare future generations. They achieved this by engaging 354 volunteers who distributed over 39,000 pounds of produce to nearly 10,000 families. Additionally, during the COVID-19 pandemic, the organization conducted 1,289 vaccinations. Moreover, they offered mental health counseling to sixteen individuals for a total of 43 hours and provided scholarships to nineteen students through the Roy L Coleman Scholarship Program. With a modest workforce of two employees, Hope Empowerment & Development Zone continues to make a significant impact in its community.

Is Hope Empowerment & Development Zone legitimate?

Hope Empowerment & Development Zone is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Empowerment & Development Zone 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: $30,775

For more financial information, click here

What is the mission statement of Hope Empowerment & Development Zone?

The Hope Empowerment & Development Zone exists to equip the community it serves with the necessary tools to bridge the wealth gap, foster self-reliance, and prepare the subsequent generation. Its mission is centered around providing essential resources to the community, enabling individuals to improve their financial standings and achieve self-sufficiency. Moreover, the organization aims to prepare the next generation, ensuring they inherit a community equipped for success.

What is the revenue of Hope Empowerment & Development Zone?

Hope Empowerment & Development Zone's revenue in 2023 was $52,127.

Who are the executives of Hope Empowerment & Development Zone and what are their salaries?

The average compensation at Hope Empowerment & Development Zone during 2023 was $30,775. There is 1 employee and 445 volunteers at Hope Empowerment & Development Zone.

Here are 3 key members and their salaries:


Yan Felix (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Stevenson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Gibson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope Empowerment & Development Zone?

Hope Empowerment & Development Zone's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hope Empowerment & Development Zone

Hope Empowerment & Development Zone exists with a mission to equip the community it serves with the necessary tools to bridge the wealth gap, boost self-reliance, and prepare the upcoming generation. By providing these tools, the organization aims to foster an environment where individuals can close the wealth gap and become more independent, ultimately preparing the next generation for success.

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Impact




October, 2024

Hope Empowerment & Development Zone has made a significant impact in its community through various initiatives aimed at enhancing self-reliance and bridging the wealth gap. By engaging 354 volunteers, the organization successfully distributed 39,271 pounds of produce to 9,868 families, ensuring access to nutritious food for those in need.

In response to the COVID-19 pandemic, the organization administered 1,289 vaccinations, contributing to public health and safety in the community. Additionally, they provided crucial mental health support, with 16 individuals receiving 43 hours of counseling. The Roy L. Coleman Scholarship Program further underscores their commitment to education, as 19 students were awarded scholarships, paving the way for their future success.

Through these efforts, Hope Empowerment & Development Zone is actively fostering a healthier, more educated, and resilient community in Brooklyn, NY.




This information is meant to be a general summary of Hope Empowerment & Development Zone. 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
$52,127 (2023)
Expenses
$69,827 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $52,127

Assets and Liabilities:

  • Total Assets: $30,172
  • Total Liabilities: $19,600
  • Net Assets: $10,572

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Organization Details

Founding Year

2006

Principal Officer

Brandon Gibson

NTEE Category

Code: S20 - Community improvement

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