Overview
What is Community Hope Fund Inc?
Community Hope Fund Inc, a 501(c)3 nonprofit organization situated in Oakhurst, New Jersey, is dedicated to fostering youth development and addressing charitable needs within the Township of Ocean and surrounding communities. Their mission encompasses promoting youth growth and offering support to those in need within these areas. The organization's activities are geared towards enhancing the well-being of its community, leveraging its nonprofit status to make a positive impact.
Official website here: www.communityhopefund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Community Hope Fund Inc received a 76% overall score from Charity Navigator, earning it a Three-Star rating. This score reflects strong performance in the Accountability & Finance category, indicating a commitment to responsible financial management. The organization has a fully independent board, with 10 out of 10 members being independent, and has demonstrated no material diversion of assets.
The nonprofit excels in financial transparency, evidenced by a high program expense ratio of 96.76%, meaning that the vast majority of its funds are directed towards its programs. Additionally, it maintains excellent ratios for liabilities to assets, reinforcing its financial stability. However, there are notable gaps in governance policies, such as the absence of a conflict of interest policy and whistleblower policy, which could impact its overall accountability.
While Community Hope Fund Inc shows strengths in its financial practices, the lack of certain governance policies could be viewed as a limitation. Overall, the organization demonstrates a solid commitment to transparency and accountability, while also needing to address its governance practices to enhance trust and oversight.
This AI summary has been generated from information found on Charity Navigator.
Is Community Hope Fund Inc legitimate?
Community Hope Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Hope Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.communityhopefund.org
What is the mission statement of Community Hope Fund Inc?
Community Hope Fund Inc, as a 501(C)3 nonprofit organization, is committed to promoting youth development and addressing the charitable needs of the Township of Ocean and its surrounding communities in New Jersey. The organization's mission is to support these communities, fostering the growth and well-being of their youth. By doing so, Community Hope Fund Inc aims to contribute positively to the lives of its community members, ensuring that their needs are met and their potential is nurtured.
Official website here: www.communityhopefund.org
Who is the CEO of Community Hope Fund Inc?
Carl Cappadona is the President of Community Hope Fund Inc.
Official website here: www.communityhopefund.org
What is the revenue of Community Hope Fund Inc?
Community Hope Fund Inc's revenue in 2022 was $42,986.
Official website here: www.communityhopefund.org
Who are the executives of Community Hope Fund Inc and what are their salaries?
There 12 volunteers at Community Hope Fund Inc.
Here are 5 key members and their salaries:
- 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
Official website here: www.communityhopefund.org
Where can I find the form 990 for Community Hope Fund Inc?
Community Hope Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityhopefund.org
Learn more at the official website: www.communityhopefund.org
Mission Statement of Community Hope Fund Inc
Community Hope Fund Inc, a 501(C)3 nonprofit organization, is dedicated to fostering youth development and addressing charitable needs within the Township of Ocean and surrounding communities in New Jersey. Their mission is to promote the growth and well-being of young individuals, while simultaneously addressing the various charitable necessities of the local community. This nonprofit organization strives to make a positive impact on the lives of its residents, working tirelessly to support their developmental needs and address any pressing charitable issues that may arise.
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
August, 2024
Community Hope Fund Inc's impact is significant in promoting youth development and supporting charitable needs in the Township of Ocean and surrounding communities in New Jersey. Their work directly benefits the local youth by providing opportunities for growth and development, as well as addressing crucial charitable needs in the community. Through their initiatives and programs, Community Hope Fund Inc contributes positively to the well-being of individuals and the overall community.
This information is meant to be a general summary of Community Hope Fund 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: $9,072
- Gross Receipts: $49,360
Assets and Liabilities:
- Total Assets: $455,288
- Total Liabilities: $0
- Net Assets: $455,288
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Phone
(732) 790-0946Principal Officer
Carl Cappadona
Main Address
PO BOX 263, OAKHURST, NJ, 07755
Website
www.communityhopefund.orgNTEE Category
Code: P306 - Human services
If you are a representative of Community Hope Fund Inc 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.