Hope Revitalization Corporation

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

EIN: 824411068 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Hope Revitalization Corporation?

Hope Revitalization Corporation is a nonprofit organization situated in New Orleans, Louisiana, specifically at ONE DREXEL DRIVE. Their primary mission is to revitalize local neighborhoods by fostering and preventing both residential and commercial opportunities. Additionally, they aim to acquire properties and transform the surrounding areas, particularly those connected to Xavier University. This endeavor is intended to positively impact and enhance the community as a whole.


Official website here: www.xula.edu

Is Hope Revitalization Corporation legitimate?

Hope Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Revitalization Corporation 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


Official website here: www.xula.edu

What is the mission statement of Hope Revitalization Corporation?

Hope Revitalization Corporation's mission is centered around revitalizing neighborhoods. They aim to achieve this by actively promoting and preventing residential and commercial opportunities. Additionally, the corporation seeks to acquire properties with the intent of transforming the surrounding areas. This initiative is not limited to a specific location and serves to improve the overall quality of the communities involved.


Official website here: www.xula.edu

Who is the CEO of Hope Revitalization Corporation?

C Reynold Verret is the President of Hope Revitalization Corporation.


Official website here: www.xula.edu

What is the revenue of Hope Revitalization Corporation?

Hope Revitalization Corporation's revenue in 2021 was $310,911.


Official website here: www.xula.edu

Who are the executives of Hope Revitalization Corporation and what are their salaries?


Here are 4 key members and their salaries:


Sonia Perez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Reynold Verret (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Phillips (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.xula.edu

Where can I find the form 990 for Hope Revitalization Corporation?

Hope Revitalization Corporation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.xula.edu

Learn more at the official website: www.xula.edu

Mission Statement of Hope Revitalization Corporation

Hope Revitalization Corporation is dedicated to revitalizing neighborhoods by promoting and preventing residential and commercial opportunities. Their mission is to acquire properties and transform the surrounding areas, aiming to significantly impact the neighborhoods they engage with. By focusing on these aspects, Hope Revitalization Corporation seeks to enhance the overall quality of life in the communities they serve.

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Impact




October, 2024

Hope Revitalization Corporation significantly impacts neighborhoods surrounding Xavier University by focusing on revitalization efforts that enhance both residential and commercial opportunities. Through strategic property acquisition and redevelopment, it aims to transform the area's landscape, fostering a sense of community and economic growth. By promoting sustainable development, the organization works to improve the quality of life for residents, stimulate local businesses, and create a vibrant, thriving environment that benefits all stakeholders involved. The mission to prevent deterioration and encourage positive change leads to stronger, more connected neighborhoods, ultimately contributing to the overall revitalization of New Orleans.




This information is meant to be a general summary of Hope Revitalization Corporation. 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
$310,911 (2021)
Expenses
$4,837 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $310,911

Assets and Liabilities:

  • Total Assets: $1,626,769
  • Total Liabilities: $700
  • Net Assets: $1,626,069

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Organization Details

Founding Year

2018

Principal Officer

C Reynold Verret

Main Address

ONE DREXEL DRIVE, NEW ORLEANS, LA, 70125

NTEE Category

Code: X20 - Religion related

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