Overview
What is Hopeco?
Hopeco is a nonprofit organization, operating under the name Teamwork City of HopeTeamwork Ministries Int'l, dedicated to supporting orphans, vulnerable children, women, and other adults in Tanzania and Kenya. They provide various essential services, including funding for a children's home, primary and secondary schools, empowerment programs for women, university education, and a medical center for the impoverished. Their mission is driven by Christian faith, aiming to offer holistic care that enables these communities to thrive. On a monthly basis, more than 900 individuals benefit from their initiatives. Currently, Hopeco is also expanding its work into Kenya, focusing on rescuing girls from abuse, violence, and child marriage, and offering them education and empowerment opportunities.
Official website here: www.joinhopeco.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating.
Hopeco has achieved an impressive 100% rating from Charity Navigator, indicating a high level of accountability and financial performance. The organization excels in both financial management and leadership, with a program expense ratio of 84.05%, ensuring that the majority of funds are allocated to its mission. The presence of a majority independent board and comprehensive governance policies further underscores its commitment to transparency and ethical practices.
User reviews from Great Nonprofits highlight the dedication of founders John and Regina Chacha, who are noted for their heartfelt commitment to their community in Tanzania. Reviewers have praised their integrity, compassion, and the significant impact they have made in the lives of many. The organization is described as a family affair, with family members actively involved in its operations, which adds to its personal touch and effectiveness.
While the reviews are overwhelmingly positive, it is essential to acknowledge that feedback is limited to a few experiences. However, the consistent themes of compassion and effective change suggest that Hopeco is well-regarded among its supporters and volunteers, reinforcing its strong position as a nonprofit dedicated to making a difference.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Hopeco legitimate?
Hopeco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopeco 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: $199,371
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,771
For more financial information, click here
Official website here: www.joinhopeco.com
What is the mission statement of Hopeco?
Hopeco, driven by its Christian faith, focuses on providing comprehensive care that empowers vulnerable children, their families, and communities in East Africa, enabling them to thrive. Through various initiatives, Hopeco supports orphans, at-risk children, women, and other adults. This includes funding a children's home for 85 children, operating primary and secondary schools for up to 500 children, providing empowerment programs for women, offering university education, and establishing a medical center for an impoverished community. Collectively, more than 900 individuals receive assistance every month. Furthermore, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage, and offer them educational and empowerment opportunities.
Official website here: www.joinhopeco.com
Who is the CEO of Hopeco?
Matt Parker is the Chief Executive Officer of Hopeco. The CEO's salary of Hopeco is $96,000 and their total compensation is $96,000.
Official website here: www.joinhopeco.com
What is the revenue of Hopeco?
Hopeco's revenue in 2022 was $1,266,125.
Official website here: www.joinhopeco.com
Who are the executives of Hopeco and what are their salaries?
The average compensation at Hopeco during 2022 was $52,828. There are 5 employees and 3 volunteers at Hopeco.
Here are 10 key members and their salaries (Hopeco's CEO's salary is $96,000 and their total compensation is $96,000):
- Compensation: $96,000
- Related: $0
- Other: $0
- Compensation: $52,500
- Related: $0
- Other: $0
- Compensation: $50,871
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.joinhopeco.com
Where can I find the form 990 for Hopeco?
Hopeco's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.joinhopeco.com
Learn more at the official website: www.joinhopeco.com
Mission Statement of Hopeco
Hopeco, driven by its Christian faith, is committed to delivering high-quality holistic care to vulnerable children, their families, and communities in East Africa. The organization's mission is to empower these individuals, enabling them to thrive and flourish. Hopeco achieves this by providing a variety of services.
In Tanzania and Kenya, Hopeco cares for orphans, vulnerable children, women, and other adults. This is evident in the funding of a children's home for 85 children, primary and secondary schools for up to 500 children, and empowerment programs for women. Additionally, Hopeco supports university education and operates a medical center in an impoverished community. As a result, more than 900 people are served every month by Hopeco.
Furthermore, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage. By providing education and empowerment opportunities, Hopeco aims to give these girls the chance to break free from their circumstances and build a better future for themselves. In this way, Hopeco's mission is to uplift and support the most vulnerable individuals in East Africa, enabling them to flourish and lead fulfilling lives.
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Impact
July, 2024
Hopeco's impact is profound, as it provides crucial support and care for orphans, vulnerable children, women, and other adults in Tanzania and Kenya. Through its initiatives funded by Hopeco, including a children's home, schools, empowerment programs for women, university education, and a medical center, over 900 individuals are served every month. Additionally, Hopeco is expanding its work into Kenya to rescue girls from abuse, violence, and child marriage, while providing education and empowerment opportunities. This holistic approach is making a tangible difference in enabling vulnerable individuals and communities in East Africa to flourish.
This information is meant to be a general summary of Hopeco. 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: -$167
- Program Service Revenue: $14,634
- Gross Receipts: $1,273,785
Assets and Liabilities:
- Total Assets: $239,489
- Total Liabilities: $16,046
- Net Assets: $223,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Leadership Training Revenue
Revenue
$13,543
Women's Program Revenue
Revenue
$1,091
Organization Details
Founding Year
1988
Phone
(276) 632-8477Principal Officer
Matt Parker
Main Address
P O Box 4001, Martinsville, VA, 24115
Website
www.joinhopeco.comNTEE Category
Code: Q30 - International
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