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Hope Advancement Inc

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

EIN: 320360887 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

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Overview

What is Hope Advancement Inc?

Hope Advancement Inc, based in Lancaster, Pennsylvania, serves as an intermediary, managing investments in microenterprise development organizations. This nonprofit organization's primary objective is to support Hope International's charitable goals, consistent with its mission to uplift and empower communities globally. By investing in microenterprises, Hope Advancement Inc plays a crucial role in fostering economic growth and independence, contributing to the overall well-being of the communities they serve.


Official website here: www.hopeinternational.org

Is Hope Advancement Inc legitimate?

Hope Advancement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Advancement 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.hopeinternational.org

What is the mission statement of Hope Advancement Inc?

Hope Advancement Inc's mission is to support Hope International by managing investments in microenterprise development organizations. This is done to advance the charitable objectives of Hope International. The organization's role is to hold and develop these investments in a manner that aligns with Hope International's purposes. In essence, Hope Advancement Inc serves to strengthen Hope International's capacity to carry out its mission.


Official website here: www.hopeinternational.org

Who is the CEO of Hope Advancement Inc?

Jesse Casler is the President of Hope Advancement Inc.


Official website here: www.hopeinternational.org

What is the revenue of Hope Advancement Inc?

Hope Advancement Inc's revenue in 2022 was $8,655,847.


Official website here: www.hopeinternational.org

Who are the executives of Hope Advancement Inc and what are their salaries?


Here are 3 key members and their salaries:


Peter Greer (President)
  • Compensation: $0
  • Related: $145,527
  • Other: $31,379
Jesse Casler (Treasurer)
  • Compensation: $0
  • Related: $80,854
  • Other: $31,096
Micah Crist (Secretary)
  • Compensation: $0
  • Related: $90,095
  • Other: $14,748


Official website here: www.hopeinternational.org

Where can I find the form 990 for Hope Advancement Inc?

Hope Advancement Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopeinternational.org

Learn more at the official website: www.hopeinternational.org

Mission Statement of Hope Advancement Inc

Hope Advancement Inc, a nonprofit organization, is committed to upholding, fostering, and managing investments in microenterprise development organizations on behalf of and in alignment with the charitable objectives of Hope International. Their mission is to advance the purposes of Hope International in a manner that is consistent with their charitable goals. By doing so, Hope Advancement Inc provides operational and financial support to Hope International, thereby contributing to its overall mission.

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Impact




October, 2024

Hope Advancement Inc significantly impacts communities by facilitating microenterprise development through strategic investments. By holding, developing, and managing these investments, the organization empowers local businesses and entrepreneurs, enhancing economic stability and self-sufficiency in various regions. Through its operational and financial support, Hope Advancement Inc reinforces the mission of Hope International, ensuring that resources are effectively allocated to foster sustainable growth and development. This initiative not only provides crucial capital to microenterprises but also promotes innovation and job creation, ultimately contributing to the broader goal of alleviating poverty and improving livelihoods on an international scale.




This information is meant to be a general summary of Hope Advancement 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.

Revenue
$8,655,847 (2022)
Expenses
$1,515,930 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $173,667
  • Gross Receipts: $8,655,847

Assets and Liabilities:

  • Total Assets: $22,546,257
  • Total Liabilities: $2,935,578
  • Net Assets: $19,610,679

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Organization Details

Founding Year

2011

Principal Officer

Jesse Casler

Main Address

227 GRANITE RUN DRIVE SUITE 250, LANCASTER, PA, 17601

NTEE Category

Code: Q11 - International

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