Overview
What is Community Hope Investment Partnership?
Community Hope Investment Partnership is a nonprofit organization located in Hermitage, Pennsylvania, with an address at 1479 N Hermitage Road. Their primary mission is to enhance the city of Hermitage and the surrounding Mercer County communities within Pennsylvania by lessening the burden of government and promoting social welfare. They accomplish this by combating community deterioration and furthering charitable economic development. The organization provides grants to support and promote business development in Mercer County, aiming to reduce the need for government and social welfare assistance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Community Hope Investment Partnership has received an 80% score from Charity Navigator, indicating a strong commitment to accountability and financial health. The rating is derived entirely from the organization's performance in the Accountability & Finance beacon, highlighting its effectiveness in managing resources.
The nonprofit excels in several areas, with a perfect score in critical metrics such as having a fully independent board and maintaining no material diversion of assets. Additionally, they have a solid conflict of interest policy in place and document board meeting minutes, which demonstrates transparency and good governance practices.
While the organization shows excellent program expense ratios, allocating 100% of expenses directly to programs, the overall rating suggests that while the organization is performing well, there may be areas for improvement in operational transparency or impact reporting that could enhance its score further. Overall, the Community Hope Investment Partnership presents a reliable option for donors looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Community Hope Investment Partnership legitimate?
Community Hope Investment Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Hope Investment Partnership 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: $0
For more financial information, click here
What is the mission statement of Community Hope Investment Partnership?
The Community Hope Investment Partnership is an organization with a mission to support and advance the purpose of local communities within Pennsylvania. Specifically, it aims to lessen the burden of government and promote social welfare by combating community deterioration. To achieve this, the partnership engages in charitable economic development by providing grants to promote and support business development. This initiative is intended to enhance the overall well-being of the communities and contribute to their growth and improvement.
Who is the CEO of Community Hope Investment Partnership?
Robert C Jazwinski is the President/Secretary of Community Hope Investment Partnership.
What is the revenue of Community Hope Investment Partnership?
Community Hope Investment Partnership's revenue in 2022 was $13,409.
Who are the executives of Community Hope Investment Partnership and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Community Hope Investment Partnership?
Community Hope Investment Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Community Hope Investment Partnership
Community Hope Investment Partnership aims to promote, support, and advance the interests of the City of Hermitage and its surrounding Mercer County communities within Pennsylvania. Their mission is twofold: firstly, they strive to lessen the burden of government by combating community deterioration, and secondly, they promote social welfare through charitable economic development. In simpler terms, Community Hope Investment Partnership seeks to improve the living conditions of their community and enhance its overall well-being by fostering economic growth and development. They achieve this by providing grants to promote and support business development in Mercer County, thereby contributing to the betterment of the community and alleviating some of the responsibilities traditionally shouldered by government agencies.
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Impact
October, 2024
Community Hope Investment Partnership plays a vital role in enhancing the quality of life in Hermitage and the surrounding Mercer County communities in Pennsylvania. By providing grants aimed at business development, it actively combats community deterioration, fostering a more vibrant and sustainable economic environment.
The initiative not only supports local businesses but also contributes to social welfare by alleviating government burdens. This work is integral to promoting a stronger community, ensuring that residents have access to necessary resources and opportunities for growth. Through its commitment to charitable economic development, Community Hope Investment Partnership empowers communities to thrive, creating a lasting positive impact on the region's social and economic landscape.
This information is meant to be a general summary of Community Hope Investment Partnership. 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: $13,409
- Gross Receipts: $13,409
Assets and Liabilities:
- Total Assets: $661,441
- Total Liabilities: $0
- Net Assets: $661,441
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Organization Details
Founding Year
2016
Phone
(724) 962-3200Principal Officer
Robert C Jazwinski
Main Address
1479 N HERMITAGE ROAD, HERMITAGE, PA, 16148
NTEE Category
Code: S30 - Community improvement
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