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Hope Realty Holdings Inc

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

EIN: 821074994 ✦ Allentown, PA ✦ Designated as a 501(c)(2)

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Overview

What is Hope Realty Holdings Inc?

Hope Realty Holdings Inc is a nonprofit organization, primarily located in Allentown, Pennsylvania, with an address at 314 N 12TH ST. Its primary mission is to manage and hold title to real estate properties that serve as the principal base for a church's tax-exempt activities. By managing these properties, Hope Realty Holdings Inc ensures that the church can efficiently carry out its tax-exempt activities without any hindrances. This role is crucial in supporting the church's essential operations and services for the community.

Is Hope Realty Holdings Inc legitimate?

Hope Realty Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Hope Realty Holdings 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hope Realty Holdings Inc?

Hope Realty Holdings Inc's mission is centered around managing real estate properties, specifically those serving as the primary addresses for tax-exempt church activities. The company's role is to maintain title to these properties, ensuring their effective use by the church for its exempt purposes. This mission supports the church's operations by providing a suitable base for its tax-exempt activities.

Who is the CEO of Hope Realty Holdings Inc?

Walter Douglas Beckley Iii is the Secretary of Hope Realty Holdings Inc.

What is the revenue of Hope Realty Holdings Inc?

Hope Realty Holdings Inc's revenue in 2022 was $76,750.

Who are the executives of Hope Realty Holdings Inc and what are their salaries?


Here are 4 key members and their salaries:


Francette Alessi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Beckley (Vp, Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davis Hidayat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Douglas Beckley Iii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope Realty Holdings Inc?

Hope Realty Holdings Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hope Realty Holdings Inc

Hope Realty Holdings Inc, as a nonprofit entity, is primarily dedicated to managing real estate that serves as the primary address for a church's tax-exempt activities. This organization's mission is to ensure the proper title ownership and effective management of these properties, thereby facilitating the church's tax-exempt operations. By doing so, Hope Realty Holdings Inc plays a crucial role in supporting the religious activities of the church, thereby contributing to its overall mission and purpose.

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Impact




October, 2024

Hope Realty Holdings Inc plays a significant role in facilitating the operations of the church by managing and holding the title to essential real estate. By ensuring that the church has a dedicated and properly managed physical location, it supports the church's mission and activities. This organization helps maintain the church as a focal point for community engagement and religious services. Its impact extends beyond mere property management, as it contributes to the stability and sustainability of the church's initiatives, fostering a space for worship and community outreach in Allentown, PA.




This information is meant to be a general summary of Hope Realty Holdings 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
$76,750 (2022)
Expenses
$82,789 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $76,750
  • Gross Receipts: $76,750

Assets and Liabilities:

  • Total Assets: $582,163
  • Total Liabilities: $590,851
  • Net Assets: -$8,688

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$72,800

RENTAL INCOME

Revenue

$3,950

Organization Details

Founding Year

2015

Principal Officer

Walter Douglas Beckley Iii

Main Address

314 N 12TH ST, ALLENTOWN, PA, 18102

NTEE Category

Code: X20 - Religion related

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