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Rockford New Hope Inc

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

EIN: 364034061 ✦ Rockford, IL ✦ Designated as a 501(c)(3)

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Overview

What is Rockford New Hope Inc?

Rockford New Hope Inc is a nonprofit organization situated in Rockford, dedicated to addressing housing issues in blighted areas. Through its operations, it owns and manages both residential and multi-family properties. The primary mission of Rockford New Hope Inc is to provide low-income families with safe and affordable housing options, ensuring they have a secure living environment. This nonprofit organization plays a crucial role in uplifting the community by contributing to the improvement of living standards for those in need.

Is Rockford New Hope Inc legitimate?

Rockford New Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rockford New Hope Inc submitted a form 990EZ, 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.

What is the mission statement of Rockford New Hope Inc?

Rockford New Hope Inc, as an organization, is dedicated to providing safe and affordable housing options for low-income families. It accomplishes this by managing and operating residential and multi-family properties in areas that have been deemed blighted. By doing so, Rockford New Hope Inc plays a significant role in enhancing the living conditions of those in need, contributing to a more equitable housing landscape.

Who is the CEO of Rockford New Hope Inc?

Virginia Gully is the President of Rockford New Hope Inc.

What is the revenue of Rockford New Hope Inc?

Rockford New Hope Inc's revenue in 2022 was $54,673.

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


Here are 9 key members and their salaries:


Peter Orlando (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Doll (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Orlando (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Gully (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jaycox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Hutchcroft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Bettye Mixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Douglas Herriott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Rockford New Hope Inc?

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

Mission Statement of Rockford New Hope Inc

Rockford New Hope Inc, as a nonprofit organization, is committed to providing safe and affordable housing for low-income families. Located in various blighted areas of Rockford, this organization operates residential and multi-family sites with the primary goal of making housing accessible to those in need. By doing so, Rockford New Hope Inc contributes positively to its community, offering a vital service that allows families to live in secure environments. The organization's mission is centered around the belief that everyone deserves a decent place to call home, regardless of their financial situation. Rockford New Hope Inc's housing initiatives not only provide a physical shelter but also contribute to the overall well-being and stability of its residents, thereby improving the quality of life within the community.

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Impact




August, 2024

Rockford New Hope Inc's impact is significant in providing safe and affordable housing to low-income families in Rockford, Illinois. By owning and operating residential and multi-family sites in blighted areas of the city, Rockford New Hope Inc is addressing the critical need for accessible housing for vulnerable populations. Their commitment to offering low-income housing options helps improve the quality of life for individuals and families facing financial challenges in the community.




This information is meant to be a general summary of Rockford New 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
$54,673 (2022)
Expenses
$91,513 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $54,673
  • Gross Receipts: $54,673

Assets and Liabilities:

  • Total Assets: $345,207
  • Total Liabilities: $57,898
  • Net Assets: $287,309

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Organization Details

Principal Officer

Virginia Gully

Main Address

7733 MILL ROAD, ROCKFORD, IL, 61108

NTEE Category

Code: L40 - Housing

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