Hope Worldwide - Massachusetts Inc

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

EIN: 825498667 ✦ Framingham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hope Worldwide - Massachusetts Inc?

Hope Worldwide - Massachusetts Inc, based in Framingham, Massachusetts, is a dedicated nonprofit organization with a mission to improve lives through compassionate volunteer efforts. They operate the Framingham Food Pantry, a member of the Greater Boston Foodbank, that serves approximately 300 to 500 families in the Metrowest area. This food pantry is an essential part of their commitment to assisting the needy locally. With a team of 12 dedicated individuals, they deliver sustainable, meaningful, and need-based services to those in need, both in their community and globally. Their work is rooted in compassion and a strong commitment to making a positive impact on people's lives.


Official website here: www.hopeworldwidema.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Hope Worldwide - Massachusetts Inc has achieved an impressive four-star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity's overall score of 96% is based entirely on its accountability and finance practices, showcasing its dedication to transparency and responsible management of resources during the most recent fiscal year, FY2022.

The organization demonstrates significant strengths, including an independent board composed of 88% independent members, which promotes effective governance. It scores full points in several areas, including financial statement oversight, conflict of interest policy, and the absence of material diversion of assets. Additionally, a high program expense ratio of 84.50% indicates that a substantial portion of its funds is directed towards its programs, reinforcing its mission-driven focus.

Despite these strengths, potential donors may want to consider the limitations posed by the single-faceted evaluation metric used by Charity Navigator. While the charity excels in accountability and finance, interested parties may seek further information regarding program effectiveness and impact to obtain a comprehensive view of the organization's overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Hope Worldwide - Massachusetts Inc legitimate?

Hope Worldwide - Massachusetts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Worldwide - Massachusetts 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: $14,535

For more financial information, click here


Official website here: www.hopeworldwidema.org

What is the mission statement of Hope Worldwide - Massachusetts Inc?

Hope Worldwide - Massachusetts Inc's mission is centered around changing lives through compassionate volunteer work. Their primary objective is to deliver sustainable, meaningful, and need-based services to those in need, both locally and globally. The organization is deeply committed to supporting the underprivileged, striving to make a positive impact on their lives. A notable initiative of Hope Worldwide - Massachusetts Inc is the Framingham Food Pantry, which serves around 300 to 500 families in the Metrowest area, providing them with essential food resources as a member of the Greater Boston Foodbank.


Official website here: www.hopeworldwidema.org

Who is the CEO of Hope Worldwide - Massachusetts Inc?

Gary Slebodnick is the Director, President of Hope Worldwide - Massachusetts Inc.


Official website here: www.hopeworldwidema.org

What is the revenue of Hope Worldwide - Massachusetts Inc?

Hope Worldwide - Massachusetts Inc's revenue in 2022 was $535,851.


Official website here: www.hopeworldwidema.org

Who are the executives of Hope Worldwide - Massachusetts Inc and what are their salaries?

The average compensation at Hope Worldwide - Massachusetts Inc during 2022 was $1,211. There are 12 employees and 500 volunteers at Hope Worldwide - Massachusetts Inc.


Here are 8 key members and their salaries:


Ken Lowey (Director, President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Obiageli Ukadike (Director, Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Drake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Drake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Ostrowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lamb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Malutinok (Director)
  • Compensation: $0
  • Related: $174,490
  • Other: $31,005
Jimmy Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopeworldwidema.org

Where can I find the form 990 for Hope Worldwide - Massachusetts Inc?

Hope Worldwide - Massachusetts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopeworldwidema.org

Learn more at the official website: www.hopeworldwidema.org

Mission Statement of Hope Worldwide - Massachusetts Inc

Hope Worldwide - Massachusetts Inc is dedicated to transforming lives through the compassion and steadfast commitment of its volunteers. Their primary objective is to deliver sustainable, meaningful, and need-based services to those in poverty and distress, both domestically and internationally. By leveraging the dedication of its volunteers, the organization seeks to make a tangible impact on the lives of those in need.

One of the ways Hope Worldwide - Massachusetts Inc achieves its mission is through its Framingham Food Pantry, a member of the Greater Boston Foodbank. This food pantry serves approximately 300 to 500 families in the Metrowest area of Framingham, Massachusetts. By providing food and other essentials, Hope Worldwide - Massachusetts Inc helps alleviate hunger and hardship for these families, thereby contributing to their overall well-being and quality of life.

In summary, Hope Worldwide - Massachusetts Inc is a nonprofit organization that is committed to making a difference in the lives of the poor and needy. Through their compassionate volunteers and sustainable, need-based services, they strive to improve the lives of those in distress, both locally and globally. Their Framingham Food Pantry is a tangible example of this commitment, serving hundreds of families in the Metrowest area of Massachusetts.

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Impact




July, 2024

Hope Worldwide - Massachusetts Inc has a significant impact on the community by providing essential services to the needy, particularly through the Framingham Food Pantry. This food pantry, a member of the Greater Boston Foodbank, serves 300-500 families in the Metrowest area located in Framingham, Massachusetts. The organization's commitment to changing lives through compassion is evident in its dedicated volunteers who deliver sustainable and meaningful support to those in need, both locally and around the world.




This information is meant to be a general summary of Hope Worldwide - Massachusetts 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
$535,851 (2022)
Expenses
$391,530 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $620,586

Assets and Liabilities:

  • Total Assets: $363,621
  • Total Liabilities: $14,614
  • Net Assets: $349,007

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Organization Details

Founding Year

2018

Principal Officer

Gary Slebodnick

Main Address

214 Concord Street, Framingham, MA, 01702

NTEE Category

Code: Q00 - International

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