Overview
What is Holding Hand Ministries Corp?
Holding Hand Ministries Corp, situated in Staten Island, New York, is a nonprofit organization dedicated to offering charitable and humanitarian services. Their mission encompasses providing religious support, alongside practical aid such as food and clothing, to individuals and families in need. Furthermore, they are involved in the training and ordination of ministers of the Gospel. Throughout the year, they continue to provide these services, contributing positively to their community.
Official website here: www.hhmonline.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating
Holding Hand Ministries Corp has received a Two-Star rating from Charity Navigator, indicating a score of 63%. This rating is primarily based on Accountability & Finance metrics, highlighting areas of strength and concern within the nonprofit's governance and financial practices. The organization scored well in certain areas such as not having any material diversion of assets and maintaining a high program expense ratio of 100%, which suggests that all expenses are directed toward its programs.
However, the organization faces significant challenges in governance. Notably, it has no independent board members, which raises questions about accountability and oversight. Additionally, it lacks essential policies such as a whistleblower policy and document retention procedures, which are crucial for transparency and ethical governance. The absence of these elements may impact the organization's reputation and stakeholder trust.
While Holding Hand Ministries Corp demonstrates a firm commitment to its mission by channeling all funds to its programs, the lack of independent oversight and missing governance policies indicate areas needing improvement. Enhancements in these areas could lead to a more favorable rating in the future and strengthen its organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Holding Hand Ministries Corp legitimate?
Holding Hand Ministries Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holding Hand Ministries Corp 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
Official website here: www.hhmonline.org
What is the mission statement of Holding Hand Ministries Corp?
Holding Hand Ministries Corp's mission involves offering religious, charitable, and humanitarian services. They extend practical assistance such as providing food and clothing to those in need. Furthermore, the corporation is committed to training and ordaining ministers of the Gospel. In essence, their mission is to serve and support individuals and families through religious and humanitarian endeavors, while also nurturing future spiritual leaders. Throughout the year, they have been active in providing charitable and humanitarian services.
Official website here: www.hhmonline.org
Who is the CEO of Holding Hand Ministries Corp?
Joel Matos is the President of Holding Hand Ministries Corp.
Official website here: www.hhmonline.org
What is the revenue of Holding Hand Ministries Corp?
Holding Hand Ministries Corp's revenue in 2022 was $75,305.
Official website here: www.hhmonline.org
Who are the executives of Holding Hand Ministries Corp and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hhmonline.org
Where can I find the form 990 for Holding Hand Ministries Corp?
Holding Hand Ministries Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hhmonline.org
Learn more at the official website: www.hhmonline.org
Mission Statement of Holding Hand Ministries Corp
Holding Hand Ministries Corp is a organization dedicated to offering religious, charitable, and humanitarian services. They extend their support beyond spiritual guidance, providing essentials such as food and clothing to individuals and families in need. Furthermore, this nonprofit is committed to the training and ordination of ministers of the Gospel, contributing to the spiritual growth of their community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Holding Hand Ministries Corp has had a significant impact on the Staten Island community in New York by providing religious, charitable, and humanitarian services to individuals and families in need. Through their efforts, they have been able to offer practical support such as food and clothing, as well as training and ordaining ministers of the Gospel. Their mission to provide these essential services has made a positive difference in the lives of many, reflecting their commitment to serving the community with compassion and dedication.
This information is meant to be a general summary of Holding Hand Ministries Corp. 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: $2
- Gross Receipts: $75,305
Assets and Liabilities:
- Total Assets: $113,506
- Total Liabilities: $2,041
- Net Assets: $111,465
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2015
Phone
(347) 400-5314Principal Officer
Joel Matos
Main Address
80 Crafton Avenue, Staten Island, NY, 10314
Website
www.hhmonline.orgNTEE Category
Code: X20 - Religion related
If you are a representative of Holding Hand Ministries Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.