Overview
What is Hopes Community Action Partnership?
Hopes Community Action Partnership is a New Jersey-based nonprofit organization, specifically located at 301 Garden Street in Hoboken. Their mission is to offer community services addressing the social, educational, and training needs of individuals to help them surmount barriers and tackle the root causes of poverty. Through various programs, they reach approximately 1,300 children in Hoboken, Plainfield, and Somerset, New Jersey, providing early childhood education under the Federal Head Start, New Jersey Abbott Preschool, and Universal Pre-K programs. Beyond children, this organization benefits around 3,200 income-eligible families with its comprehensive services. Employing a team of 343 individuals, Hopes Community Action Partnership ensures a significant impact on the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Hopes Community Action Partnership has earned an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The charity's overall score is based solely on its accountability and finance practices, demonstrating a strong commitment to transparency and responsible financial stewardship.
The organization showcases exceptional governance, with a fully independent board and a comprehensive set of policies, including conflict of interest and whistleblower protections. Additionally, the charity has effectively managed its resources, with a program expense ratio of 84.91%, signifying that a significant portion of its funds directly supports its programs and mission.
While the ratings reflect a solid financial standing and governance structure, there are no notable limitations mentioned in the available data. This reinforces the organization's reputation for reliability and effective use of resources, appealing to potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Hopes Community Action Partnership legitimate?
Hopes Community Action Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopes Community Action Partnership 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: $593,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,035,100
For more financial information, click here
What is the mission statement of Hopes Community Action Partnership?
Hopes Community Action Partnership is dedicated to addressing the social, educational, and training needs of individuals in an effort to help them overcome barriers and tackle the root causes of poverty. Through their community services, they aim to make a positive impact on people's lives. The organization's work reaches approximately 1,300 children, providing them with early childhood education under various federal and state programs. Furthermore, Hopes Community Action Partnership benefits around 3,200 income-eligible families by offering essential community services. Their mission is to create opportunities for personal growth and improve overall well-being, enabling individuals to overcome adversity and build a better future.
Who is the CEO of Hopes Community Action Partnership?
Simona Ovanezian is the Board Chair of Hopes Community Action Partnership. The CEO's salary of Hopes Community Action Partnership is $211,389 and their total compensation is $223,070.
What is the revenue of Hopes Community Action Partnership?
Hopes Community Action Partnership's revenue in 2023 was $28,378,106.
Who are the executives of Hopes Community Action Partnership and what are their salaries?
The average compensation at Hopes Community Action Partnership during 2023 was $45,565. There are 343 employees and 833 volunteers at Hopes Community Action Partnership.
Here are 18 key members and their salaries (Hopes Community Action Partnership's CEO's salary is $211,389 and their total compensation is $223,070):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $211,389
- Related: $0
- Other: $11,681
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $181,845
- Related: $0
- Other: $11,215
- Compensation: $103,036
- Related: $0
- Other: $7,485
- Compensation: $20,605
- Related: $0
- Other: $0
Where can I find the form 990 for Hopes Community Action Partnership?
Hopes Community Action Partnership's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hopes Community Action Partnership
Hopes Community Action Partnership, a dedicated organization, is committed to addressing the social, educational, and training needs of individuals in order to help them overcome barriers and fight the causes of poverty. Through its mission, Hopes Community Action Partnership strives to make a positive impact on the lives of those in need.
Approximately 1,300 children have benefited from the organization's early childhood education services under the Federal Head Start and New Jersey Abbott Preschool and Universal Pre-K Programs. Hopes Community Action Partnership extends its reach to an impressive number of approximately 3,200 income-eligible families, providing essential community services in the cities of Hoboken, Plainfield, and Somerset, New Jersey. By offering these programs, the organization plays a significant role in fostering the growth and development of the next generation while simultaneously addressing the needs of their families.
In simple terms, Hopes Community Action Partnership acts as a beacon of hope for those facing challenges in their lives. By focusing on the essential aspects of social, educational, and training needs, the organization empowers individuals to break free from the cycle of poverty and build a brighter future for themselves and their families.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hopes Community Action Partnership significantly impacts local communities by addressing social, educational, and training needs, effectively helping individuals overcome barriers associated with poverty. Through its early childhood education services, approximately 1,300 children benefit from programs like Head Start and New Jersey Abbott Preschool and Universal Pre-K. Additionally, the organization serves around 3,200 income-eligible families in Hoboken, Plainfield, and Somerset, New Jersey, providing essential community services that foster empowerment and resilience among families. This comprehensive approach not only enhances educational opportunities for children but also supports families in building a better future, thereby promoting overall community improvement.
This information is meant to be a general summary of Hopes Community Action Partnership. 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: $425
- Program Service Revenue: $375,843
- Gross Receipts: $28,378,106
Assets and Liabilities:
- Total Assets: $23,316,590
- Total Liabilities: $8,666,556
- Net Assets: $14,650,034
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARENT FEES
Revenue
$375,843
Organization Details
Founding Year
1964
Phone
(855) 654-6737Principal Officer
Simona Ovanezian
Main Address
301 GARDEN STREET, HOBOKEN, NJ, 07030
NTEE Category
Code: S20 - Community improvement
If you are a representative of Hopes Community Action Partnership and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.