Hope Manor Inc

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

EIN: 341232967 ✦ Toledo, OH ✦ Designated as a 501(c)(4)

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Overview

What is Hope Manor Inc?

Hope Manor Inc is a nonprofit organization established in Ohio, specifically in Toledo. Its primary purpose is to acquire, own, and manage a 100-unit apartment community named Hope Manor. This project was constructed under Section 202 of the National Housing Act, aiming to provide affordable housing options. The organization's mission is to operate and maintain this community effectively, providing a comfortable living environment for its residents.

Is Hope Manor Inc legitimate?

Hope Manor Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hope Manor 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

What is the mission statement of Hope Manor Inc?

Hope Manor Inc, as a non-profit organization, was established with the aim to acquire, own, and manage a 100-unit apartment community named Hope Manor. This community is located in Toledo, Ohio, and was constructed under Section 202 of the National Housing Act, which has been amended. The primary objective of Hope Manor Inc is to provide housing solutions, serving as a landlord and manager for this apartment community. While the provided information does not specify any further details about the mission, it can be inferred that the organization's main purpose is to provide affordable and suitable housing for its residents.

Who is the CEO of Hope Manor Inc?

Joseph Zavac is the President of Hope Manor Inc.

What is the revenue of Hope Manor Inc?

Hope Manor Inc's revenue in 2023 was $1,012,292.

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


Here are 5 key members and their salaries:


Joseph Zavac (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Seyfang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hazard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Fitkin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope Manor Inc?

Hope Manor Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hope Manor Inc

Hope Manor Inc, a non-profit organization, was established with the mission to acquire, own, and operate a 100-unit apartment community known as Hope Manor. This community is situated in Toledo, Ohio. The organization's project was developed under Section 202 of the National Housing Act, which is a legislative provision aimed at providing affordable housing options. In essence, Hope Manor Inc's mission is to provide a residential community that caters to the housing needs of individuals, ensuring that affordable housing options are available for those who require them.

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Impact




October, 2024

Hope Manor Inc significantly enhances the community by providing a stable and supportive living environment through its 100-unit apartment community in Toledo, Ohio. This initiative addresses the critical need for affordable housing, particularly underSection 202 of the National Housing Act, ensuring that residents have access to safe and secure homes.

By operating Hope Manor, the organization fosters a sense of community, promoting social cohesion among residents. The design and management of the facility are tailored to meet the specific needs of vulnerable populations, which amplifies its impact on improving residents' quality of life. Residents benefit not just from affordable housing but also from the sense of hope and stability that comes with having a place to call home.

In summary, Hope Manor Inc transforms lives through reliable housing solutions, contributing to the overall welfare of the Toledo community.




This information is meant to be a general summary of Hope Manor 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
$1,012,292 (2023)
Expenses
$886,605 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,363
  • Program Service Revenue: $1,009,929
  • Gross Receipts: $1,012,292

Assets and Liabilities:

  • Total Assets: $2,128,344
  • Total Liabilities: $691,098
  • Net Assets: $1,437,246

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,006,666

LAUNDRY & VENDING REVE

Revenue

$3,263

Organization Details

Founding Year

1977

Principal Officer

Joseph Zavac

Main Address

1822 CHERRY STREET, TOLEDO, OH, 43608

NTEE Category

Code: L21 - Housing

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