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Hope & Love Holdings Inc

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

EIN: 822998192 ✦ Galveston, TX ✦ Designated as a 501(c)(2)

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Overview

What is Hope & Love Holdings Inc?

Hope & Love Holdings Inc, based in Galveston, Texas, is a nonprofit organization with a specific mission. They are primarily focused on acquiring real estate to serve the religious needs of the Church of the Living God Galveston. This involves finding and securing properties that will contribute to fulfilling the religious duties of this particular church. The organization, with its headquarters at 10 Campeche Estates Dr, Galveston, TX 77554, is dedicated to this purpose.

Is Hope & Love Holdings Inc legitimate?

Hope & Love Holdings Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Hope & Love 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 & Love Holdings Inc?

Hope & Love Holdings Inc's mission is centered around acquiring real estate to support the religious duties of a specific church, identified as the Church of the Living God Galveston. This mission is aimed at providing a suitable worship facility for the church, thereby contributing to its religious activities. The company's primary objective is aligned with the needs of the Church of the Living God Galveston, ensuring it can fulfill its religious responsibilities effectively.

Who is the CEO of Hope & Love Holdings Inc?

Marlo Dowdy is the President of Hope & Love Holdings Inc.

What is the revenue of Hope & Love Holdings Inc?

Hope & Love Holdings Inc's revenue in 2020 was $1,114,332.

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


Here are 4 key members and their salaries:


Marlo Dowdy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Dowdy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Tims (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Harrison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hope & Love Holdings Inc?

Hope & Love Holdings Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Hope & Love Holdings Inc

Hope & Love Holdings Inc, as outlined in the provided information, is an organization with a mission to acquire real estate. This mission is aimed at fulfilling the religious duties of the Church of the Living God Galveston. In simpler terms, Hope & Love Holdings Inc serves to obtain properties that cater to the religious needs of the Church of the Living God Galveston.

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Impact




October, 2024

Hope & Love Holdings Inc plays a significant role in enhancing the community by acquiring real estate to support the Church of the Living God Galveston. Their efforts directly contribute to the spiritual and social fabric of Galveston. By securing a worship facility, they provide a dedicated space for religious gatherings, community events, and outreach activities, fostering a sense of belonging and connection among members of the community.

The organization’s focus on real estate acquisition not only facilitates the fulfillment of religious responsibilities but also promotes community improvement and engagement. By ensuring that church activities can flourish in a suitable environment, Hope & Love Holdings Inc enhances the overall well-being of the congregation and encourages positive social interactions. This impact extends beyond the church walls, as the initiatives supported by the acquired facilities may also address broader community needs, ultimately uplifting and enriching the local populace.




This information is meant to be a general summary of Hope & Love 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
$1,114,332 (2020)
Expenses
$0 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $3,062
  • Gross Receipts: $1,114,436

Assets and Liabilities:

  • Total Assets: $1,363,277
  • Total Liabilities: $0
  • Net Assets: $1,363,277

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Organization Details

Founding Year

2017

Principal Officer

Marlo Dowdy

Main Address

10 Campeche Estates Dr, Galveston, TX, 77554

NTEE Category

Code: S47 - Community improvement

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