Overview
What is Hope Meadows?
Hope Meadows is a 25-year-old intergenerational residential neighborhood located in Rantoul, Illinois. The nonprofit organization aims to foster and maintain a supportive community, embracing individuals of all ages and backgrounds, regardless of race, religion, sex, creed, or national origin. By rehabilitating 60-year-old housing stock and infrastructure, Hope Meadows accommodates the needs of an aging population living on limited fixed incomes. The primary mission is to combat social isolation, promoting a small village-like atmosphere where residents can mutually benefit from living in a safe and supportive neighborhood. The organization, with a team of three dedicated employees, strives to create an inclusive environment that encourages interaction and community support.
Official website here: www.hopemeadows.org
Is Hope Meadows legitimate?
Hope Meadows is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Meadows 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: $93,410
For more financial information, click here
Official website here: www.hopemeadows.org
What is the mission statement of Hope Meadows?
Hope Meadows aims to establish and maintain a 25-year supportive intergenerational residential neighborhood community, preventing social isolation through neighborhood support. Significant activities include rehabilitating 60-year-old housing stock and infrastructure and addressing the emerging needs of an aging population living on limited fixed incomes, regardless of race, religion, sex, creed, or national origin. The community's mission is to foster and sustain this residential neighborhood, focusing on accommodating the unique needs of senior citizens.
Official website here: www.hopemeadows.org
What is the revenue of Hope Meadows?
Hope Meadows's revenue in 2023 was $325,268.
Official website here: www.hopemeadows.org
Who are the executives of Hope Meadows and what are their salaries?
The average compensation at Hope Meadows during 2023 was $31,137. There are 3 employees and 4 volunteers at Hope Meadows.
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.hopemeadows.org
Where can I find the form 990 for Hope Meadows?
Hope Meadows's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hopemeadows.org
Learn more at the official website: www.hopemeadows.org
Mission Statement of Hope Meadows
Hope Meadows, a nonprofit organization, is dedicated to fostering, maintaining, and sustaining a supportive intergenerational residential neighborhood community for a period of 25 years. The primary focus of their activities revolves around rehabilitating 60-year-old housing stock and infrastructure, addressing the emerging needs of an aging population of senior citizens who live on limited fixed incomes. This community, established without discrimination based on race, religion, sex, creed, or national origin, aims to prevent social isolation through neighborhood support.
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Impact
October, 2024
Hope Meadows creates a transformative impact by establishing a supportive intergenerational residential neighborhood aimed at preventing social isolation. By fostering a community where retirees and senior citizens can live alongside individuals and families of all ages, it cultivates meaningful relationships and mutual support among residents. This inclusive environment not only improves the quality of life for the aging population but also enriches the lives of younger residents, promoting a sense of belonging and community interconnectedness.
The focus on rehabilitating aging housing stock addresses critical infrastructure needs, ensuring that homes are safe and accommodating for seniors living on limited fixed incomes. By prioritizing accessibility and comfort, Hope Meadows enhances the living conditions of its residents, allowing them to thrive in a nurturing space that respects diversity and promotes inclusivity, regardless of race, religion, or background.
Overall, the initiative combats the loneliness and social isolation that can plague many seniors, fostering a village-like atmosphere where all community members can engage, share experiences, and support one another. The long-term vision of sustaining this intergenerational community for 25 years sets a precedent for innovative approaches to community living that prioritize human services and well-being.
This information is meant to be a general summary of Hope Meadows. 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 2023.
- Investment Income: $1,833
- Program Service Revenue: $321,004
- Gross Receipts: $325,268
Assets and Liabilities:
- Total Assets: $1,261,657
- Total Liabilities: $27,925
- Net Assets: $1,233,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$321,004
Organization Details
Founding Year
1987
Principal Officer
Hank Gamel
Website
www.hopemeadows.orgNTEE Category
Code: P320 - Human services
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