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Place Of Hope Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621327713 ✦ Columbia, TN ✦ Designated as a 501(c)(3)

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Overview

What is Place Of Hope Inc?

Place of Hope Inc, a nonprofit based in Columbia, Tennessee, is dedicated to offering comprehensive, compassionate assistance within a Christian environment. The organization's primary focus is to provide exemplary alcohol and drug treatment programs, temporary shelter for the homeless, and food for the hungry. With a workforce of 15 dedicated individuals, Place of Hope Inc seeks to make a meaningful difference in the lives of those who are struggling, offering hope and a pathway to recovery. The organization's mission is deeply rooted in care and compassion, reflecting a commitment to improving the wellbeing of those in need.


Official website here: www.placeofhopetn.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Place Of Hope Inc has received an exceptional rating of 96%, reflecting its strong commitment to accountability and financial transparency. This score is particularly important as it is derived entirely from the Accountability & Finance beacon, where the organization excels in various metrics, showcasing its efficiency in managing donors' contributions.

Strengths of Place Of Hope Inc include having an entirely independent board, effective oversight with an audit committee, and comprehensive policies for conflict of interest, whistleblower protection, and document retention. The organization has demonstrated fiscal responsibility with a low liabilities-to-assets ratio and an impressive program expense ratio of 91.31%, indicating that a significant portion of funds is directed towards its programs.

The data does not indicate any notable limitations or concerns regarding its operations. Overall, Place Of Hope Inc stands out as a well-managed nonprofit that prioritizes accountability, providing confidence to donors and stakeholders in its financial practices and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Place Of Hope Inc legitimate?

Place Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Place Of Hope 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: $89,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,343

For more financial information, click here


Official website here: www.placeofhopetn.com

What is the mission statement of Place Of Hope Inc?

Place of Hope Inc's mission is centered around providing excellent treatment programs and services for individuals struggling with alcohol and drug addiction, temporary shelter for the homeless, and food for the hungry, all within a caring, Christian environment. The organization's programs are designed to offer comprehensive support to those in need, fostering a nurturing atmosphere that prioritizes the well-being and recovery of its clients.


Official website here: www.placeofhopetn.com

Who is the CEO of Place Of Hope Inc?

Mike Coupe is the Presidentexecutive Director of Place Of Hope Inc.


Official website here: www.placeofhopetn.com

What is the revenue of Place Of Hope Inc?

Place Of Hope Inc's revenue in 2023 was $783,875.


Official website here: www.placeofhopetn.com

Who are the executives of Place Of Hope Inc and what are their salaries?

The average compensation at Place Of Hope Inc during 2023 was $30,824. There are 15 employees and 25 volunteers at Place Of Hope Inc.


Here are 11 key members and their salaries:


Mike Coupe (Presidentexecutive Director)
  • Compensation: $89,012
  • Related: $0
  • Other: $0
Sylvia Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Custer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Smith Stuart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Coupe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Stovall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Scates (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Tyler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.placeofhopetn.com

Where can I find the form 990 for Place Of Hope Inc?

Place Of Hope Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.placeofhopetn.com

Learn more at the official website: www.placeofhopetn.com

Mission Statement of Place Of Hope Inc

Place of Hope Inc, a non-profit organization, is dedicated to offering exceptional alcohol and drug treatment programs, temporary shelter for the homeless, and food for the hungry, all within a compassionate, Christian environment. The organization's primary mission is to provide these services with utmost care and dedication, aiming to make a significant difference in the lives of those in need.

In a caring and supportive atmosphere, Place of Hope Inc offers a range of programs designed to help individuals struggling with substance abuse, providing them with the resources they need to overcome their challenges. Furthermore, the organization extends its reach to assist homeless individuals by offering temporary shelter and meals, offering a safe and nurturing environment for those in need.

Place of Hope Inc's commitment extends beyond providing basic necessities. The organization's programs are designed to offer hope and support, fostering an environment where individuals can rebuild their lives and move forward towards a brighter future. By offering these services in a caring, Christian environment, Place of Hope Inc aims to provide a holistic approach to helping those in need, addressing not only their physical needs but also their emotional and spiritual well-being.

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Impact




June, 2024

Place Of Hope Inc's impact lies in providing excellent alcohol and drug treatment programs and services, temporary shelter for the homeless, and food for the hungry in a caring, Christian environment. Their programs are meticulously designed to offer support and assistance to those in need, particularly in the area of mental health. Through their dedicated efforts in Columbia, TN, they strive to make a tangible difference in the lives of individuals facing challenges related to addiction, homelessness, and hunger.




This information is meant to be a general summary of Place Of Hope 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.

Revenue
$783,875 (2023)
Expenses
$843,980 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,044
  • Gross Receipts: $783,875

Assets and Liabilities:

  • Total Assets: $1,735,452
  • Total Liabilities: $6,399
  • Net Assets: $1,729,053

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Organization Details

Founding Year

1987

Principal Officer

Mike Coupe

Main Address

105 N JAMES CAMPBELL BLVD, COLUMBIA, TN, 38401

NTEE Category

Code: F20Z - Mental health

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