Overview
What is Hope Gospel Mission Inc?
Hope Gospel Mission Inc, located in Eau Claire, Wisconsin, is a nonprofit organization with a compassionate mission to provide aid to the homeless and needy in the western region of the state. They achieve this goal through various means, including operating businesses like the Bargain Center and Building Hope. These ventures serve dual purposes: they offer job skills training opportunities for the residents, thereby empowering them, and generate income to support the organization's services. The majority of the items sold at these businesses are donated by the community, demonstrating the organization's strong community ties. The Hope Gospel Mission's commitment to helping the less fortunate is deeply rooted in its Christian values, making it a beacon of hope and transformation in the community. With a workforce of 148 dedicated individuals, the organization continues to provide Christ-centered, life-changing assistance to those in need.
Official website here: www.hopegospelmission.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Hope Gospel Mission Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. The organization scored 91% overall, benefiting from a perfect score in several areas, including an independent board and effective financial oversight. The high percentage of independent board members and the absence of asset diversion underscore the charity's transparency and governance quality.
The organization's financial performance is notable, with a program expense ratio of nearly 80%, indicating that a significant portion of its funds is directed towards its programs. Additionally, the fundraising efficiency ratio shows responsible management of donor contributions, ensuring that funds are used effectively to support its mission. The working capital ratio of 1.70 years suggests that the organization has a solid financial buffer to sustain its operations.
However, while the overall financial metrics are strong, there is room for improvement in the fundraising efficiency ratio, which, although acceptable, could be enhanced to maximize the impact of donations. This indicates that ongoing efforts in fundraising strategies will be beneficial for the organization as it aims to enhance its outreach and service capabilities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope Gospel Mission Inc?
94% of 42 reviewers on Facebook recommend Hope Gospel Mission Inc. Here is a summary of their reviews:
Many individuals express their appreciation for the positive impact the nonprofit has on the Chippewa Valley community. The sentiment is overwhelmingly favorable, with comments highlighting its valuable contributions. People recognize the mission as a significant resource for those in need, suggesting that it provides essential support and services.
Overall, the organization seems to resonate well with supporters, and its reputation is strengthened by the glowing remarks about its meaningful work in helping people. The commitment to serving the community is evident, as reviewers feel the mission truly embodies its charitable goals.
This AI summary has been generated from reviews found on Facebook.
Is Hope Gospel Mission Inc legitimate?
Hope Gospel Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Gospel Mission 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: $126,343
Professional Fundraising Fees: $145,088
Other Salaries and Wages: $3,035,209
For more financial information, click here
Official website here: www.hopegospelmission.org
What is the mission statement of Hope Gospel Mission Inc?
Hope Gospel Mission Inc, as a non-profit organization, is dedicated to providing life-changing assistance with a Christian focus to the homeless and needy residing in western Wisconsin. Their mission is to offer a Christ-centered approach, aiming to bring about positive transformations in the lives of these individuals. The mission operates various businesses, such as the Bargain Center and Building Hope, which serve dual purposes: they provide job skills training for the residents and generate income to support the mission's programs and services. The majority of the items sold in these businesses are donated by the local community.
Official website here: www.hopegospelmission.org
Who is the CEO of Hope Gospel Mission Inc?
Mark Donnelly is the President/Secretary of Hope Gospel Mission Inc.
Official website here: www.hopegospelmission.org
What is the revenue of Hope Gospel Mission Inc?
Hope Gospel Mission Inc's revenue in 2022 was $6,194,588.
Official website here: www.hopegospelmission.org
Who are the executives of Hope Gospel Mission Inc and what are their salaries?
The average compensation at Hope Gospel Mission Inc during 2022 was $21,362. There are 148 employees and 291 volunteers at Hope Gospel Mission Inc.
Here are 14 key members and their salaries:
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- Compensation: $108,600
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- Other: $9,270
Official website here: www.hopegospelmission.org
Where can I find the form 990 for Hope Gospel Mission Inc?
Hope Gospel Mission Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopegospelmission.org
Learn more at the official website: www.hopegospelmission.org
Mission Statement of Hope Gospel Mission Inc
Hope Gospel Mission Inc is dedicated to providing Christ-centered, life-transforming aid to the homeless and needy residing in western Wisconsin. This nonprofit organization's primary objective is to offer assistance that goes beyond just addressing immediate needs, aiming to bring about lasting changes in the lives of those it serves.
To achieve this goal, Hope Gospel Mission Inc operates various businesses, such as the Bargain Center and Building Hope. These enterprises serve dual purposes. Firstly, they provide job skills training for the mission's residents, equipping them with valuable work experiences. Secondly, the income generated from these businesses supports the delivery of essential services to the residents. The majority of the items sold at these businesses are donated by the community, demonstrating the organization's strong ties with the local community and its reliance on their generosity.
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Impact
July, 2024
Hope Gospel Mission Inc offers Christ-centered, life-changing help to the homeless and needy in Western Wisconsin. Through their various programs and services, they provide essential support and resources to those in need, helping them to improve their lives and gain a sense of hope for the future. The mission's businesses, such as the Bargain Center and Building Hope, not only provide job skills training for residents but also generate income to support their program services. By relying on community donations and support, Hope Gospel Mission Inc is able to make a significant impact on the lives of individuals experiencing homelessness and poverty in Eau Claire, WI, and beyond. Their commitment to philanthropy and empowering those in need underscores their dedication to creating positive change in the community.
This information is meant to be a general summary of Hope Gospel Mission 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$22,764
- Program Service Revenue: $40,606
- Gross Receipts: $6,233,374
Assets and Liabilities:
- Total Assets: $10,860,307
- Total Liabilities: $2,460,196
- Net Assets: $8,400,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHELTER PROGRAM FEES
Revenue
$40,606
Organization Details
Founding Year
1998
Phone
(715) 552-5566Principal Officer
Mark Donnelly
Main Address
2650 MERCANTILE DRIVE, EAU CLAIRE, WI, 54703
Website
www.hopegospelmission.orgNTEE Category
Code: T30 - Philanthropy
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