Overview
What is Hope Distributed Community Development Corporation?
Hope Distributed Community Development Corporation is a charitable organization located in Rockingham County, Virginia, specifically at 1869 Boyers Road. The corporation's primary mission is to alleviate economic hardships experienced by low-income individuals and families by distributing essential items such as food, clothing, furniture, and other household necessities. The organization operates from facilities situated on the Harrisonburg First Church of the Nazarene's campus and receives substantial support from the church, local grocers, the Blue Ridge Area Food Bank, and the local community. The corporation's aim is to engage in qualifying charitable activities that promote social welfare in Rockingham County and surrounding localities, contributing to the well-being of its community members. The organization is staffed by a team of 6 dedicated individuals.
Official website here: www.hopedistributed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Hope Distributed Community Development Corporation has received a solid Three-Star rating from Charity Navigator, reflecting its effective management of resources and commitment to accountability. The organization boasts a high program expense ratio of 97.37%, indicating that the vast majority of its funds directly support its mission rather than administrative costs. Additionally, it has a perfect score in areas like board independence, conflict of interest policy, and whistleblower protections, showcasing strong governance practices.
The organization demonstrates a transparent approach by listing its website on tax forms and maintaining thorough documentation of board meeting minutes. With 100% independent board members and a low liabilities to assets ratio of 0.81%, it emphasizes financial stability and responsible oversight. These strengths contribute to a well-regarded standing among peer organizations in the nonprofit sector.
While the rating indicates strong performance, potential donors and stakeholders may want to stay informed about any future developments or changes that could impact the organization's operational effectiveness. Overall, Hope Distributed Community Development Corporation appears to operate with integrity and a focus on its community development goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hope Distributed Community Development Corporation?
100% of the 7 reviewers on Facebook recommend Hope Distributed Community Development Corporation. Here is a summary of their reviews:
Many reviewers express appreciation for the compassion and dedication shown by the organization, emphasizing that the support provided instills a sense of love and care in those they assist. This sentiment suggests that the nonprofit effectively creates a nurturing environment where individuals in need can feel valued and hopeful.
The overwhelming positive response highlights the impactful work being done by Hope Distributed, as community members feel a genuine connection with the services provided. Overall, patrons are satisfied with the organization’s mission and its ability to foster hope in vulnerable populations.
This AI summary has been generated from reviews found on Facebook.
Is Hope Distributed Community Development Corporation legitimate?
Hope Distributed Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Distributed 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: $49,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,030
For more financial information, click here
Official website here: www.hopedistributed.org
What is the mission statement of Hope Distributed Community Development Corporation?
The Hope Distributed Community Development Corporation is committed to engaging in qualifying charitable activities that provide relief to low-income individuals and families in their locality. Their mission is aimed at promoting social welfare by providing essential items such as food, clothing, furniture, and diapers. The organization collects these items and distributes them to those in need, offering economic relief. They operate with significant support from local churches, grocers, the Blue Ridge Area Food Bank, and the local community.
Official website here: www.hopedistributed.org
Who is the CEO of Hope Distributed Community Development Corporation?
Neil Hayslett is the President of Hope Distributed Community Development Corporation.
Official website here: www.hopedistributed.org
What is the revenue of Hope Distributed Community Development Corporation?
Hope Distributed Community Development Corporation's revenue in 2022 was $1,928,874.
Official website here: www.hopedistributed.org
Who are the executives of Hope Distributed Community Development Corporation and what are their salaries?
The average compensation at Hope Distributed Community Development Corporation during 2022 was $20,518. There are 6 employees and 180 volunteers at Hope Distributed Community Development Corporation.
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- Compensation: $48,841
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- Other: $238
Official website here: www.hopedistributed.org
Where can I find the form 990 for Hope Distributed Community Development Corporation?
Hope Distributed Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopedistributed.org
Learn more at the official website: www.hopedistributed.org
Mission Statement of Hope Distributed Community Development Corporation
Hope Distributed Community Development Corporation is committed to engaging in charitable activities that aim to alleviate the struggles of low-income individuals and families in their community and surrounding localities. The organization's primary objective is to promote social welfare by providing essential relief items such as food, clothing, furniture, and diapers. Based in Rockingham County, Virginia, Hope Distributed Community Development Corporation operates from facilities located on the campus of Harrisonburg First Church of the Nazarene. The organization receives significant support from various sources, including the church, local grocers, the Blue Ridge Area Food Bank, and the local community. By collecting and distributing these items, Hope Distributed Community Development Corporation strives to make a tangible difference in the lives of those in need, helping to improve their overall well-being.
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Impact
July, 2024
Hope Distributed Community Development Corporation's impact can be seen in the significant economic relief it provides to low-income individuals and families in Rockingham County, Virginia, and surrounding localities. By collecting and distributing essential items such as food, clothing, furniture, and diapers, the organization plays a crucial role in supporting those in need. Through collaboration with local grocers, the Blue Ridge Area Food Bank, the Harrisonburg First Church of the Nazarene, and the broader community, Hope Distributed CDC is able to make a tangible difference in improving the lives of disadvantaged individuals. Their mission to promote social welfare through charitable activities demonstrates a strong commitment to uplifting the community and addressing pressing socio-economic challenges.
This information is meant to be a general summary of Hope Distributed 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 2022.
- Investment Income: $18,444
- Gross Receipts: $1,965,574
Assets and Liabilities:
- Total Assets: $1,380,779
- Total Liabilities: $11,260
- Net Assets: $1,369,519
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Organization Details
Founding Year
2007
Phone
(540) 578-3510Principal Officer
Neil Hayslett
Main Address
1869 BOYERS RD, ROCKINGHAM, VA, 22801
Website
www.hopedistributed.orgNTEE Category
Code: K31 - Food
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