Overview
What is Mount Hope Neighborhood Association Inc?
Mount Hope Neighborhood Association Inc is a nonprofit organization committed to fostering community and economic development, encouraging self-sufficiency, and promoting self-sustainability. They offer a wide range of programs and services designed to support this mission, including a WIC program, which served 265 community clients in the recent past. This program's costs are covered by a contract with the Rhode Island Department of Health. The association's goal extends beyond providing resources; they also offer support and advocacy for the residents of Mount Hope. Their WIC program, specifically, helped 250 families during this period.
What are the reviews and ratings of this charity?
Charity Navigator rating: 76%, Three-Star out of Four Star rating.
Mount Hope Neighborhood Association Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The rating is based entirely on a single beacon score, highlighting the importance of financial transparency and management practices. A significant strength is the association's governance, with an entirely independent board and well-documented conflict of interest and whistleblower policies.
The organization demonstrates a strong fiscal responsibility with a zero liabilities to assets ratio, indicating that it has no outstanding debts. Additionally, it allocates a substantial portion of its expenses—approximately 67.92%—toward its programs, which is favorable for a nonprofit. However, the lack of financial statements has negatively impacted its overall score, leading to a score of zero in this area.
While the Mount Hope Neighborhood Association Inc shows commitment to accountability through its policies and governance structure, the absence of publicly available financial statements remains a notable area for improvement. Enhancing transparency in financial reporting could further bolster trust and ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Hope Neighborhood Association Inc legitimate?
Mount Hope Neighborhood Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Hope Neighborhood Association 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: $62,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mount Hope Neighborhood Association Inc?
The Mount Hope Neighborhood Association Inc, in its mission, focuses on promoting community development, economic growth, self-sufficiency, and sustainability. They achieve this by offering programs, services, resources, and outreach that foster these objectives. Their WIC program, serving 265 community clients, is a significant part of their efforts. The support and advocacy they provide for the residents of Mount Hope neighborhood are also key aspects of their mission, as evidenced by their service to 250 families through the WIC program.
Who is the CEO of Mount Hope Neighborhood Association Inc?
Helen Baskerville Dukes is the Board Chair of Mount Hope Neighborhood Association Inc.
What is the revenue of Mount Hope Neighborhood Association Inc?
Mount Hope Neighborhood Association Inc's revenue in 2022 was $722,036.
Who are the executives of Mount Hope Neighborhood Association Inc and what are their salaries?
The average compensation at Mount Hope Neighborhood Association Inc during 2022 was $12,570. There are 5 employees and 30 volunteers at Mount Hope Neighborhood Association Inc.
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Where can I find the form 990 for Mount Hope Neighborhood Association Inc?
Mount Hope Neighborhood Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mount Hope Neighborhood Association Inc
Mount Hope Neighborhood Association Inc is dedicated to fostering community and economic development, encouraging self-sufficiency, and promoting self-sustainability. This nonprofit organization achieves its mission by offering various programs, services, resources, and outreach. One of their initiatives is the WIC program, which served 265 community clients, with the program costs being reimbursable based on their contract with the RI Department of Health. The Association's mission extends beyond providing assistance; it also advocates for the needs and interests of Mount Hope's neighbors. In this capacity, they served 250 families through their WIC program. Overall, Mount Hope Neighborhood Association Inc is committed to empowering its community, helping individuals become self-sufficient, and fostering sustainable development.
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Impact
October, 2024
Mount Hope Neighborhood Association Inc has significantly impacted the local community through its commitment to enhancing community and economic development, fostering self-sufficiency, and promoting sustainability. By providing various programs and resources, the association actively supports residents in achieving their goals and improving their living conditions.
One of the critical initiatives is the Women, Infants, and Children (WIC) program, which has served 265 clients and supported 250 families in the area. This program not only addresses nutritional needs but also empowers families with the necessary resources to thrive. The collaboration with the Rhode Island Department of Health ensures that financial aspects of these programs are backed, allowing the association to focus on delivering quality services.
Moreover, the association’s advocacy efforts provide essential support for Mount Hope neighbors, facilitating a stronger sense of community and enhancing the residents’ quality of life. Through outreach and resource provision, the association plays a vital role in building a cohesive community, fostering economic growth, and promoting empowerment among its members. Overall, the Mount Hope Neighborhood Association Inc stands as a cornerstone of support, striving to create a self-sustaining and resilient community in Providence, Rhode Island.
This information is meant to be a general summary of Mount Hope Neighborhood Association 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 2022.
- Investment Income: $1,710
- Gross Receipts: $722,036
Assets and Liabilities:
- Total Assets: $1,149,229
- Total Liabilities: $11,907
- Net Assets: $1,137,322
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Organization Details
Founding Year
1981
Phone
(401) 521-8830Principal Officer
Helen Baskerville Dukes
Main Address
199 Camp Street, Providence, RI, 02906
NTEE Category
Code: S99 - Community improvement
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