Overview
What is Hope Street Food Pantry Inc?
Hope Street Food Pantry Inc, situated in Charlotte, North Carolina, is a dedicated nonprofit organization with a mission to alleviate food insecurity within its community. The organization, with a modest workforce of three individuals, distributes food and essential toiletries entirely funded by its program expenses. In 2022, Hope Street Food Pantry served a significant number of families and individuals, totalling 8,231 families or approximately 29,519 people. The primary service area of the pantry, with a 10-mile radius, lacks similar food pantries, extending its reach to Mecklenburg County, North Carolina, and 12 surrounding counties, including three in South Carolina. The organization's primary objective is to eradicate the apprehension of food shortages in its community, providing critical resources when they are most needed.
Official website here: www.hopestreetfoodpantry.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating).
Hope Street Food Pantry Inc demonstrates a commendable commitment to its mission, reflected in an impressive Impact & Measurement score of 80 and a Leadership & Adaptability score of 100. The organization excels in program expenses, with 98.54% of its budget allocated to its food distribution efforts, which underscores its focus on directly supporting the community. The nonprofit's strategic goals emphasize removing barriers to access and ensuring that individuals receive essential food supplies, including fresh produce and meat.
However, there are notable areas for improvement, particularly in governance and transparency. The charity has received a low Accountability & Finance score of 69, primarily due to the absence of several important policies, such as a conflict of interest policy and a whistleblower policy, which have been marked as missing. Furthermore, the absence of the tax form on the nonprofit’s website could hinder public trust and transparency efforts.
Despite these challenges, the organization is led by a fully independent board, which enhances its integrity. Overall, Hope Street Food Pantry Inc is dedicated to serving its community effectively, but enhancing its governance practices could further strengthen its operations and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Street Food Pantry Inc legitimate?
Hope Street Food Pantry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Street Food Pantry 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: $46,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,500
For more financial information, click here
Official website here: www.hopestreetfoodpantry.org
What is the mission statement of Hope Street Food Pantry Inc?
Hope Street Food Pantry Inc's mission is centered around providing essential food and hygiene items to individuals in need within their community. The primary objective is to alleviate the anxiety associated with food insecurity. The organization distributes 100% of its resources, including food and toiletries, to those in need. In 2022, Hope Street Food Pantry served a significant number of families, approximately 29,519 individuals, and their primary service area extends beyond their immediate community, encompassing Mecklenburg County, North Carolina, and 12 surrounding counties, including three in South Carolina. The pantry operates within a 10-mile radius, making it the sole provider of such services in this area, where no other similar food pantries exist.
Official website here: www.hopestreetfoodpantry.org
Who is the CEO of Hope Street Food Pantry Inc?
Michael Field is the President of Hope Street Food Pantry Inc.
Official website here: www.hopestreetfoodpantry.org
What is the revenue of Hope Street Food Pantry Inc?
Hope Street Food Pantry Inc's revenue in 2022 was $702,878.
Official website here: www.hopestreetfoodpantry.org
Who are the executives of Hope Street Food Pantry Inc and what are their salaries?
The average compensation at Hope Street Food Pantry Inc during 2022 was $20,000. There are 3 employees at Hope Street Food Pantry Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $46,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hopestreetfoodpantry.org
Where can I find the form 990 for Hope Street Food Pantry Inc?
Hope Street Food Pantry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopestreetfoodpantry.org
Learn more at the official website: www.hopestreetfoodpantry.org
Mission Statement of Hope Street Food Pantry Inc
Hope Street Food Pantry Inc, a nonprofit organization, dedicates its mission to alleviating food insecurity in the community. Their primary goal is to provide essential food items and personal hygiene supplies to individuals in need, aiming to eliminate the fear that comes with not having access to these necessities. Through their initiatives, Hope Street Food Pantry Inc seeks to make a significant impact on the lives of those who are struggling, offering much-needed support during challenging times.
During the year 2022, Hope Street Food Pantry Inc served a total of 8,231 families, which equated to approximately 29,519 individuals. Their mission extends beyond their immediate vicinity, as data shows that their primary service area encompasses a radius of about 10 miles, with no other food pantries offering similar services in the vicinity. However, their reach extends further, encompassing Mecklenburg County, North Carolina, and 12 surrounding counties, including three in South Carolina. This expansive reach allows Hope Street Food Pantry Inc to make a broader impact in the fight against food insecurity.
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Impact
July, 2024
Hope Street Food Pantry Inc's impact is evident in the 8,231 families, approximately 29,519 individuals, it served in 2022. Operating in Charlotte, NC, the organization's primary service area covers a radius of approximately 10 miles, where it is the sole provider of critical food and essential toiletries for those in need. Additionally, data shows that Hope Street Food Pantry extends its services beyond its primary service area to encompass Mecklenburg County, NC, and 12 surrounding counties, three of which are in South Carolina. Through its mission to alleviate food insecurity and provide essential resources, Hope Street Food Pantry plays a vital role in supporting the well-being of individuals and families in the region.
This information is meant to be a general summary of Hope Street Food Pantry 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $702,878
Assets and Liabilities:
- Total Assets: $131,507
- Total Liabilities: $2,376
- Net Assets: $129,131
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Organization Details
Founding Year
2019
Phone
(704) 301-4336Principal Officer
Michael Field
Main Address
4100 Johnston Oehler Rd, Charlotte, NC, 28269
Website
www.hopestreetfoodpantry.orgNTEE Category
Code: P20 - Human services
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