Overview
What is New Hope Community Development Corporation?
New Hope Community Development Corporation, located in Evansville, Indiana, is a nonprofit organization with a mission to educate and empower its participants. They achieve this through mentoring and community development initiatives, fostering a healthy spirit within their community. The corporation, which employs 22 individuals, has provided tutoring services to over 250 participants, demonstrating their commitment to uplifting and supporting their community.
Official website here: www.newhopeevansville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 69%. This rating indicates that New Hope Community Development Corporation has areas that require significant enhancement, particularly in governance and transparency practices.
The organization has achieved a perfect program expense ratio of 100%, demonstrating a strong commitment to utilizing its funds directly for programmatic activities. However, the lack of independent board members and missing policies for conflict of interest, whistleblower protection, and document retention raise concerns about its governance structure. This absence of critical policies could potentially hinder accountability and ethical oversight.
Additionally, while the organization has no reported material diversion of assets and has compliant financial statements, the failure to post its tax documents online further detracts from its transparency. Overall, while New Hope Community Development Corporation shows dedication to its mission through program funding, it needs to focus on strengthening its governance and transparency frameworks to improve its rating and build stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is New Hope Community Development Corporation legitimate?
New Hope Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Community Development Corporation 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: $37,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,480
For more financial information, click here
Official website here: www.newhopeevansville.org
What is the mission statement of New Hope Community Development Corporation?
The New Hope Community Development Corporation's mission is to educate and empower its program participants through mentoring and community development, advocating for a healthy spirit. They achieve this by providing bridging and tutoring services, reaching over 250 participants. The organization's goal is to foster personal growth and development within the community, promoting a positive and healthy spirit among its participants. The mission of New Hope CDCS is to uplift individuals through mentorship and community development, fostering personal growth and well-being.
Official website here: www.newhopeevansville.org
Who is the CEO of New Hope Community Development Corporation?
Rabon L Turner is the President of New Hope Community Development Corporation.
Official website here: www.newhopeevansville.org
What is the revenue of New Hope Community Development Corporation?
New Hope Community Development Corporation's revenue in 2020 was $741,432.
Official website here: www.newhopeevansville.org
Who are the executives of New Hope Community Development Corporation and what are their salaries?
The average compensation at New Hope Community Development Corporation during 2020 was $10,055. There are 22 employees and 20 volunteers at New Hope Community Development Corporation.
Here are 5 key members and their salaries:
- Compensation: $37,732
- Related: $55,192
- 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.newhopeevansville.org
Where can I find the form 990 for New Hope Community Development Corporation?
New Hope Community Development Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.newhopeevansville.org
Learn more at the official website: www.newhopeevansville.org
Mission Statement of New Hope Community Development Corporation
New Hope Community Development Corporation, as stated in its mission, is committed to educating and empowering its program participants. This nonprofit organization achieves this goal through mentoring and community development, all while promoting a healthy spirit. The aim is to positively impact the lives of those involved, fostering personal growth and development.
In pursuit of this mission, New Hope provides essential services such as Bridge Builders/Tutoring, which has served over 250 participants. This program is a testament to the corporation's dedication to its purpose, as it strives to make a difference in the lives of its community members. By offering educational opportunities and guidance, New Hope Community Development Corporation works towards fostering a sense of empowerment and self-improvement among its participants.
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Impact
July, 2024
New Hope Community Development Corporation has made a significant impact on the community in Evansville, IN. Through their mission to educate and empower program participants through mentoring and community development while promoting a healthy spirit, they have served over 250 individuals through their bridge builders/tutoring programs. By providing these services, New Hope CDC has played a crucial role in improving the lives of community members and contributing to the overall community improvement in Evansville.
This information is meant to be a general summary of New Hope Community Development Corporation. 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 2020.
- Gross Receipts: $741,432
Assets and Liabilities:
- Total Assets: $321,428
- Total Liabilities: $70,127
- Net Assets: $251,301
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Organization Details
Founding Year
2015
Phone
(812) 425-3498Principal Officer
Rabon L Turner
Main Address
401 S E 6TH STREET Room 107K, Evansville, IN, 47713
Website
www.newhopeevansville.orgNTEE Category
Code: S20 - Community improvement
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