Overview
What is The Hope Center Inc?
The Hope Center Inc, situated in Gretna, Louisiana, is a dedicated nonprofit organization that focuses on supporting veterans and striving to eradicate or prevent homelessness in their community. They accomplish this goal by acquiring funding for various Department of Veterans Affairs homelessness programs. These programs offer emergency housing and rapid rehousing placements for veterans and their families. The Hope Center's services extend beyond housing, encompassing housing navigation, income support, VA medical service connections, food, emergency supplies, utility assistance, rental payment assistance, tenant incentives, landlord incentives, daily living services, transportation, healthcare navigation, legal services, and financial coaching. Moreover, The Hope Center received a Suicide Prevention Award from the VA Office of Mental Health, enabling them to provide crisis assistance and mental health service connections to veterans, active-duty service members, and their families, thereby aiding in the prevention of suicide among this demographic. In addition to their housing-related initiatives, The Hope Center empowers impoverished individuals from the Greater New Orleans metropolitan area by providing specialized technical training, education initiatives, and employment opportunities, thereby helping them achieve financial stability.
Official website here: www.hopecenterla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 66%, earning a Two-Star out of Four Star rating.
The Hope Center Inc has a mixed performance in its operational and financial accountability, reflected in its Two-Star rating from Charity Navigator. The organization scored 66% overall, indicating a need for improvement in various areas, particularly regarding board independence and financial transparency. Although it maintains a strong program expense ratio of 95.60%, suggesting that a significant portion of its funds directly supports its programs, the lack of independent board members raises concerns about governance.
Strengths of The Hope Center Inc include a solid performance in areas such as the management of assets and the implementation of policies for conflicts of interest and whistleblowers, which scored perfectly. However, the organization fell short in providing financial statements and documentation on its website. This lack of transparency may hinder public trust and donor confidence, limiting its effectiveness in fundraising and community engagement.
Overall, while The Hope Center Inc demonstrates a commitment to its mission through high program spending, it must address its governance and transparency issues to enhance its credibility and effectiveness as a nonprofit. Improving these areas will be crucial for securing a better rating in the future and fostering stronger community relations.
This AI summary has been generated from information found on Charity Navigator.
Is The Hope Center Inc legitimate?
The Hope Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hope Center 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: $386,435
Professional Fundraising Fees: $0
Other Salaries and Wages: $790,385
For more financial information, click here
Official website here: www.hopecenterla.org
What is the mission statement of The Hope Center Inc?
The Hope Center Inc's mission is to help impoverished individuals in various capacities, primarily from the greater New Orleans metropolitan area, to achieve financial stability. This is achieved through specialized technical training, education initiatives, and employment opportunities. The organization extends its support to veterans, aiming to either end homelessness or prevent it, by offering emergency housing and rapid rehousing placement services. The comprehensive assistance provided includes housing navigation, income supports, VA medical services, food, emergency supplies, utility assistance, rental payment assistance, tenant and landlord incentives, daily living services, transportation, healthcare navigation, legal services, and financial coaching. Furthermore, The Hope Center received a suicide prevention award from the VA Office of Mental Health, enabling it to offer crisis assistance and mental health services to veterans and their families. In 2022, the organization served 365 veteran households.
Official website here: www.hopecenterla.org
Who is the CEO of The Hope Center Inc?
Cheryl Magee is the Executive Di of The Hope Center Inc.
Official website here: www.hopecenterla.org
What is the revenue of The Hope Center Inc?
The Hope Center Inc's revenue in 2022 was $4,226,003.
Official website here: www.hopecenterla.org
Who are the executives of The Hope Center Inc and what are their salaries?
The average compensation at The Hope Center Inc during 2022 was $51,166. There are 23 employees and 3 volunteers at The Hope Center Inc.
Here are 7 key members and their salaries:
- Compensation: $148,746
- Related: $0
- Other: $0
- Compensation: $125,191
- Related: $0
- Other: $0
- Compensation: $68,543
- Related: $0
- Other: $0
- Compensation: $43,955
- 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.hopecenterla.org
Where can I find the form 990 for The Hope Center Inc?
The Hope Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopecenterla.org
Learn more at the official website: www.hopecenterla.org
Mission Statement of The Hope Center Inc
The Hope Center Inc, a nonprofit organization, empowers economically disadvantaged individuals residing in the greater New Orleans metropolitan area. Its mission is to provide them with specialized technical training, education initiatives, and job opportunities, thereby aiding them in achieving financial stability. The Hope Center Inc's activities are geared towards transforming the lives of these individuals, offering them a pathway out of poverty and towards a more secure future.
In a commendable effort to support veterans, The Hope Center Inc takes part in ending homelessness or preventing it among this vulnerable group. This is achieved through funding from the Department of Veterans Affairs' homelessness programs. The organization offers emergency housing and rapid rehousing placement for veterans and their families. Services provided include housing navigation, income supports, connections to VA medical services, food, emergency supplies, utility assistance, rental payment assistance, tenant incentives, landlord incentives, daily living services, transportation, healthcare navigation, legal services, and financial coaching. The Hope Center Inc's dedication to this cause was recognized with a Suicide Prevention Award from the VA Office of Mental Health, acknowledging its role in providing crisis assistance and connecting veterans and their families to mental health services to prevent suicide among former and current service members. In 2022, The Hope Center Inc served 365 veteran households.
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Impact
July, 2024
The Hope Center Inc has a significant impact on empowering impoverished individuals in the Greater New Orleans metropolitan area to achieve economic stability. This is achieved through specialized technical training, education initiatives, and employment opportunities. Specifically, the organization focuses on serving veterans to end or prevent homelessness by providing emergency housing, rapid rehousing placement, housing navigation, income supports, healthcare navigation, and various other essential services. In 2022 alone, The Hope Center, Inc. served 365 veteran households, demonstrating their commitment to supporting and empowering those who have served our country.
This information is meant to be a general summary of The Hope Center 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.
- Gross Receipts: $4,226,003
Assets and Liabilities:
- Total Assets: $628,545
- Total Liabilities: $113,000
- Net Assets: $515,545
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Organization Details
Founding Year
2001
Phone
(504) 363-4034Principal Officer
Cheryl Magee
Main Address
401 WHITNEY AVE STE 603, GRETNA, LA, 70056
Website
www.hopecenterla.orgNTEE Category
Code: P20 - Human services
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