Overview
What is Hope Community Builders?
Hope Community Builders is a dedicated nonprofit organization, situated in an unspecified location, that focuses on addressing the housing needs of low to moderate income families. Their mission includes constructing affordable homes and providing assistance to future homeowners in navigating the mortgage lender scene. They encourage potential homeowners to improve their credit scores to increase their loan eligibility and offer support to qualified USDA loan applicants in completing their applications. By doing so, Hope Community Builders aims to provide affordable housing options for families whose median income, adjusted for family size, falls within 80% or below the median income.
Official website here: www.hopecommunitybuilders.org
Is Hope Community Builders legitimate?
Hope Community Builders is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Community Builders 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.
Here are some key statistics you may want to consider:
Executive Compensation: $212,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hope Community Builders?
Hope Community Builders' mission is centered around providing affordable housing opportunities for individuals and families with low to moderate income. The organization constructs homes that cater to this income bracket, which is defined as having an income that is 80% or below the median income, adjusted for family size. Beyond building homes, Hope Community Builders also offers assistance to future homeowners in navigating the mortgage lender scene, whether they purchase a property from the organization or on the open market. Recognizing the importance of credit in securing a loan, the organization encourages homebuyers to work on improving their credit scores. Additionally, Hope Community Builders extends aid to qualified USDA loan applicants in completing their application process.
Official website here: www.hopecommunitybuilders.org
Who is the CEO of Hope Community Builders?
Asrat Gebre is the Ceo of Hope Community Builders. The CEO's salary of Hope Community Builders is $120,000 and their total compensation is $120,000.
Official website here: www.hopecommunitybuilders.org
What is the revenue of Hope Community Builders?
Hope Community Builders's revenue in 2022 was $575,309.
Official website here: www.hopecommunitybuilders.org
Who are the executives of Hope Community Builders and what are their salaries?
The average compensation at Hope Community Builders during 2022 was $70,667. There are 3 employees at Hope Community Builders.
Here are 8 key members and their salaries (Hope Community Builders's CEO's salary is $120,000 and their total compensation is $120,000):
- Asrat Gebre (Ceo)
- Brian Sullivan (General Manager - Construction)
- Sarah Sampson (Board Member) [Trustee/Director]
- Eileen Gilmore (Board Member) [Trustee/Director]
- Sandra Suarez (Board Member) [Trustee/Director]
- Cephornia Smith (Board Member) [Trustee/Director]
- Richard Taveras (Chairman Of The Board) [Trustee/Director]
- Abel Tristan (Board Member) [Trustee/Director]
Official website here: www.hopecommunitybuilders.org
Where can I find the form 990 for Hope Community Builders?
The Hope Community Builders’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hopecommunitybuilders.org
Learn more at the official website: www.hopecommunitybuilders.org
Mission Statement of Hope Community Builders
Hope Community Builders, a nonprofit organization, is dedicated to providing affordable housing solutions for low to moderate income individuals and families. Their mission encompasses several key areas. Firstly, they construct homes specifically designed for this demographic, ensuring that the income of these residents is 80% or below the median income, adjusted for family size.
Secondly, Hope Community Builders goes beyond just constructing homes. They offer assistance to all future homeowners, whether they purchase a home from the organization or on the open market. This assistance encompasses navigating the mortgage lender scene, a process that can often be complex and daunting. By providing this guidance, Hope Community Builders aims to empower these individuals to make informed decisions about their housing.
Thirdly, the organization recognizes the importance of credit scores in securing a loan. Therefore, they advise future homeowners to work on improving their credit scores. This proactive approach helps ensure that these individuals are well-positioned to qualify for a loan when they are ready to purchase a home.
Lastly, Hope Community Builders extends its support to qualified USDA loan applicants. They assist these applicants in completing their applications, making the often-complicated process less daunting and more manageable. This comprehensive approach to affordable housing makes Hope Community Builders an invaluable resource for low to moderate income individuals and families seeking to secure a home.
Impact
This information is meant to be a general summary of Hope Community Builders. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Hope Community Builders has a direct impact on improving the quality of life for low to moderate-income residents in Rockingham, VA by providing affordable housing opportunities. Through their activities of constructing affordable homes and assisting individuals in navigating the mortgage lending process, they empower future homeowners to secure housing that fits their budget. Additionally, their guidance on credit improvement and support for USDA loan applicants contribute to expanding access to homeownership for those in need. Hope Community Builders' work directly contributes to the community's improvement and fosters economic stability for residents in need.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1998
Phone
(540) 810-6510
Principal Officer
Asrat Gebre
Main Address
289 Jericho Road, Rockingham, VA, 228017165
NTEE Category
Code: S20 - Community improvement
If you are a representative of Hope Community Builders 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.