Overview
What is Hope Housing Inc?
Hope Housing Inc, based in Waycross, Georgia, serves as a supportive hub for various 501(c) organizations and government bodies. This nonprofit organization offers nonresidential facilities, providing a space for these entities to carry out their missions. With a team of five dedicated individuals, Hope Housing Inc plays a crucial role in accommodating and fostering the growth of other nonprofit organizations and governmental bodies, contributing to the broader community in Georgia.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating. This rating indicates that while Hope Housing Inc demonstrates some strengths in accountability and financial practices, there are significant areas needing improvement.
The organization has a perfect score for having an entirely independent board and a sound liabilities to assets ratio, suggesting solid financial health. However, the lack of an independent board size rating indicates potential weaknesses in governance structure. Furthermore, the charity scores poorly on transparency and conflict of interest policies, highlighting areas for concern regarding operational integrity.
Overall, the charity's performance suggests it is on solid financial footing but lacks essential governance policies and documentation practices. Addressing these weaknesses could enhance its effectiveness and accountability to donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Housing Inc legitimate?
Hope Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,638
For more financial information, click here
What is the mission statement of Hope Housing Inc?
Hope Housing Inc's mission is centered around providing non-residential facilities to various nonprofit organizations, as well as state and local governments. In essence, their role is to offer occupancy to 501(c) organizations, thereby contributing to their operational needs. This service allows these organizations to focus on their primary objectives while benefiting from the infrastructure and resources provided by Hope Housing Inc. The organization's mission does not involve direct service provision to individuals or communities; instead, it focuses on supporting other nonprofit organizations in their operations.
Who is the CEO of Hope Housing Inc?
Ronald Paulk is the President of Hope Housing Inc.
What is the revenue of Hope Housing Inc?
Hope Housing Inc's revenue in 2022 was $499,785.
Who are the executives of Hope Housing Inc and what are their salaries?
The average compensation at Hope Housing Inc during 2022 was $26,728. There are 5 employees at Hope Housing Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hope Housing Inc?
Hope Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hope Housing Inc
Hope Housing Inc, as stated in its mission, is committed to offering nonresidential facilities to various nonprofit organizations, as well as state and local governments. In essence, this organization serves as a host, providing occupancy to other 501(c) organizations, contributing to their operations and goals in a unique manner. By doing so, Hope Housing Inc plays a crucial role in supporting the broader nonprofit sector, enabling these organizations to carry out their respective missions more effectively.
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Impact
July, 2024
Hope Housing Inc's impact lies in providing essential nonresidential facilities to other organizations, state, and local governments. By offering occupancy to other 501(c) organizations, Hope Housing Inc plays a crucial role in supporting the operations of various entities. This support ultimately contributes to the functioning and success of nonprofit organizations and governmental agencies, enabling them to better serve their respective communities and fulfill their missions. In this way, Hope Housing Inc's provision of nonresidential facilities has a far-reaching impact, helping to facilitate the important work of a diverse range of organizations and institutions.
This information is meant to be a general summary of Hope Housing 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: $228,977
- Program Service Revenue: $270,633
- Gross Receipts: $771,022
Assets and Liabilities:
- Total Assets: $975,399
- Total Liabilities: $3,976
- Net Assets: $971,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$40,800
MANAGEMENT FEE
Revenue
$50,910
BOOKKEEPING FEE
Revenue
$8,015
REIMBURSEMENTS
Revenue
$170,908
Organization Details
Founding Year
1972
Principal Officer
Ronald Paulk
Main Address
P O BOX 1447, Waycross, GA, 31502
NTEE Category
Code: L41 - Housing
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