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Seeds Of Hope Inc

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

EIN: 352086855 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Seeds Of Hope Inc?

Seeds of Hope Inc is a nonprofit organization based in Indianapolis, Indiana, dedicated to providing a supportive living environment for chemically dependent women. The organization's mission is to empower these women to lead drug-free, independent, and responsible lives, contributing positively to society. By offering a structured program within a loving environment, Seeds of Hope Inc provides a strong foundation that helps these women overcome their dependency issues and establish a healthier lifestyle. In 2020, the organization expanded its services by becoming an administrator in the Individual Development Account (IDA) program through the Indiana Housing Community and Development Authority (IHCDA). This program aims to help low-income individuals build assets, achieve self-sufficiency, learn personal financial skills, and improve their overall quality of life. With a team of 9 dedicated employees, Seeds of Hope Inc continues to make a significant impact in the lives of chemically dependent women.


Official website here: www.seedsofhopeindy.com

Is Seeds Of Hope Inc legitimate?

Seeds Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seeds Of Hope 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: $58,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,416

For more financial information, click here


Official website here: www.seedsofhopeindy.com

What is the mission statement of Seeds Of Hope Inc?

The mission of Seeds of Hope Inc is to provide a supportive environment for chemically dependent women, enabling them to lead drug-free, independent lives as responsible members of society. The organization operates a home that offers a structured program, fostering a strong foundation for these women to rebuild their lives. With a loving environment, Seeds of Hope empowers them to attain sobriety and independence, ultimately becoming productive contributors to society. In addition to residential services, Seeds of Hope Inc has expanded its initiatives in 2020, becoming an administrator in the Individual Development Account (IDA) Program through the Indiana Housing Community and Development Authority (IHCDA). This program aims to help low-income individuals build assets, achieve self-sufficiency, learn personal financial skills, and improve their quality of life.


Official website here: www.seedsofhopeindy.com

Who is the CEO of Seeds Of Hope Inc?

Sean O'Connor is the President of Seeds Of Hope Inc.


Official website here: www.seedsofhopeindy.com

What is the revenue of Seeds Of Hope Inc?

Seeds Of Hope Inc's revenue in 2022 was $886,583.


Official website here: www.seedsofhopeindy.com

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

The average compensation at Seeds Of Hope Inc during 2022 was $21,179. There are 9 employees and 30 volunteers at Seeds Of Hope Inc.


Here are 13 key members and their salaries:


Sean O'Connor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Mullen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Pasotti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Ketterman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Trapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Nelis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Kessler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danijel Yeakey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Reusze (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bev Brewer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Rob Hausladen (Board Member (Former))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Maschger (Board Member (Former))
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvetta Grimes (Executive Director)
  • Compensation: $58,192
  • Related: $0
  • Other: $0


Official website here: www.seedsofhopeindy.com

Where can I find the form 990 for Seeds Of Hope Inc?

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


Official website here: www.seedsofhopeindy.com

Learn more at the official website: www.seedsofhopeindy.com

Mission Statement of Seeds Of Hope Inc

Seeds of Hope Inc, a non-profit organization, is dedicated to providing a supportive environment for chemically dependent women. Their mission is to empower these women, offering them a structured program that provides a strong foundation for leading drug-free, sober, and independent lives. This compassionate organization creates an encompassing environment that enables women to rebuild their lives, becoming responsible members of society.

In 2020, Seeds of Hope Inc took a significant step forward by becoming an administrator in the Individual Development Account (IDA) program through the Indiana Housing Community and Development Authority (IHCDA). This program aims to help low-income individuals build assets, attain self-sufficiency, learn personal financial skills, and improve their quality of life. Seeds of Hope Inc's participation in this program is a testament to their commitment to empowering the women they serve, providing them with the tools necessary to lead fulfilling, independent lives.

By offering transitional, residential living, Seeds of Hope Inc offers chemically dependent women a chance to live clean, healthy lives. Their program is more than just a home; it's a sanctuary that provides a loving environment, enabling these women to rebuild their lives and move beyond their struggles with addiction. Through their dedication and compassion, Seeds of Hope Inc is making a difference in the lives of chemically dependent women, helping them to regain control of their lives and become productive members of society.

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Impact




June, 2024

Seeds Of Hope Inc's impact can be seen in the positive transformation it brings to chemically dependent women. By providing transitional, residential living in a structured program, the organization empowers these women to lead drug-free, sober, and independent lives. Through a loving environment, Seeds Of Hope enables these women to become responsible members of society. Additionally, the organization's involvement in the Individual Development Account program helps low-income individuals build assets, achieve self-sufficiency, and improve their quality of life. The mission of Seeds Of Hope Inc contributes to enhancing the mental health and well-being of the individuals it serves.




This information is meant to be a general summary of Seeds Of Hope 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
$886,583 (2022)
Expenses
$437,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,266
  • Program Service Revenue: $127,054
  • Gross Receipts: $935,024

Assets and Liabilities:

  • Total Assets: $2,899,132
  • Total Liabilities: $751,617
  • Net Assets: $2,147,515

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Programs

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

RENTAL INCOME

Revenue

$127,054

Organization Details

Founding Year

1999

Principal Officer

Sean O'Connor

Main Address

1425 S MICKLEY AVENUE, INDIANAPOLIS, IN, 46241

NTEE Category

Code: F22 - Mental health

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