Overview
What is Hope Loanport Inc?
Hope Loanport Inc, situated in Washington D.C., is a distinguished nonprofit organization that serves as a collaborative platform for various stakeholders involved in homeownership, such as counselors, advocates, lenders, servicers, investors, attorneys, and government entities. With a strong commitment to neutrality, collaboration, and transparency, Hope Loanport utilizes technology to facilitate information sharing among these stakeholders. Through this shared platform, individuals and families can obtain the necessary data, documents, and guidance to purchase or maintain their homes. Since its inception in 2010, Hope Loanport has reportedly assisted over 700,000 families, emerging as an industry standard for collaboration between the mortgage industry and the advocacy sector. Notably, the platform's services are available for free to homeowners and HUD-approved nonprofit housing counselors.
Official website here: www.hlp.org
Is Hope Loanport Inc legitimate?
Hope Loanport Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Loanport 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: $32,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hlp.org
What is the mission statement of Hope Loanport Inc?
Hope Loanport Inc, a national, neutral, and nonprofit utility, strives to unify the efforts of various stakeholders in supporting families to achieve and maintain homeownership. By leveraging technology, they facilitate collaboration among nonprofit counselors, advocates, lenders, servicers, investors, attorneys, and government entities. Their mission is rooted in neutrality, collaboration, and transparency, enabling stakeholders to share data, documents, and other necessary information to assist individuals and families in buying or retaining their homes. Since its inception in 2010, Hope Loanport has helped over 700,000 people, serving as the industry standard for collaboration between the mortgage industry and the advocacy sector. Utilization of their platform is free for homeowners and HUD-approved nonprofit housing counselors, providing a secure channel for achieving and sustaining homeownership.
Official website here: www.hlp.org
Who is the CEO of Hope Loanport Inc?
Mark Cole is the President & Ceo of Hope Loanport Inc. The CEO's salary of Hope Loanport Inc is $32,123 and their total compensation is $32,123.
Official website here: www.hlp.org
What is the revenue of Hope Loanport Inc?
Hope Loanport Inc's revenue in 2020 was $1,280,402.
Official website here: www.hlp.org
Who are the executives of Hope Loanport Inc and what are their salaries?
The average compensation at Hope Loanport Inc during 2020 was $32,123. There is 1 employee at Hope Loanport Inc.
Here are 3 key members and their salaries (Hope Loanport Inc's CEO's salary is $32,123 and their total compensation is $32,123):
- Compensation: $32,123
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hlp.org
Where can I find the form 990 for Hope Loanport Inc?
Hope Loanport Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.hlp.org
Learn more at the official website: www.hlp.org
Mission Statement of Hope Loanport Inc
Hope Loanport Inc, a national, neutral, and nonprofit utility, is dedicated to unifying efforts in assisting families to achieve and sustain homeownership. Their mission is to facilitate collaboration among key stakeholders in the homeownership process, including nonprofit counselors, advocates, lenders, servicers, investors, attorneys, and government entities. By employing technology that enables the sharing of data, documents, and other necessary information, Hope Loanport Inc enables these parties to work together effectively. This collaborative approach allows the organization to cater to the unique needs of all stakeholders and support homeowners in buying and retaining their homes. Since its inception in 2010, Hope Loanport Inc has assisted over 700,000 individuals and families through its platform, establishing itself as the industry standard for collaborating between the mortgage industry and the advocacy sector. Notably, the use of Hope Loanport Inc's portal is free for homeowners and HUD-approved nonprofit housing counselors.
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Impact
October, 2024
Hope LoanPort Inc plays a pivotal role in facilitating homeownership for families across the nation. By providing a comprehensive technology platform, it fosters collaboration among key stakeholders, including nonprofit counselors, lenders, servicers, and government organizations. This connectivity allows for the seamless sharing of essential data and documents, streamlining processes that help individuals and families navigate the complexities of home buying and retention.
Since its inception in 2010, Hope LoanPort has positively impacted over 700,000 individuals and families, making it a crucial resource for those seeking to achieve or maintain homeownership. The organization stands out as an industry standard in promoting collaboration between the mortgage sector and advocacy groups, emphasizing neutrality, transparency, and inclusivity in its operations. By creating a safe and secure channel for communication, Hope LoanPort significantly enhances the capacity of stakeholders to support homeowners, ultimately contributing to community improvement and stability.
This information is meant to be a general summary of Hope Loanport 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 2020.
- Investment Income: $17
- Gross Receipts: $1,280,402
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2010
Phone
(202) 803-7933Principal Officer
Mark Cole
Main Address
1101 Pennsylvania Ave NW Suite 300, Washington, DC, 20004
Website
www.hlp.orgNTEE Category
Code: S020 - Community improvement
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