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Cleveland Hope Exchange Inc

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

EIN: 834314074 ✦ Fairview park, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cleveland Hope Exchange Inc?

Cleveland Hope Exchange Inc is a nonprofit organization situated in Fairview Park, Ohio (OH 44126). Their primary mission is to aid the local community by distributing donated food, Bibles, school supplies, and various essential consumer goods. They aim to alleviate poverty and homelessness in the area. The organization sources these items through partnerships with other organizations, businesses, and individuals. Cleveland Hope Exchange Inc collaborates with churches and local religious organizations to distribute these items freely to those in need and impoverished in the community. The organization's activities and services are meticulously documented, as outlined in Schedule I.


Official website here: www.hopeforcle.com/

Is Cleveland Hope Exchange Inc legitimate?

Cleveland Hope Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Hope Exchange 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


Official website here: www.hopeforcle.com/

What is the mission statement of Cleveland Hope Exchange Inc?

Cleveland Hope Exchange Inc's mission is centered around serving its community by distributing essential goods and resources to alleviate poverty and homelessness. The organization primarily focuses on providing food, Bibles, backpacks, school supplies, and hygiene products to those in need. This is achieved through partnerships with various donors, including businesses, organizations, and individuals. Cleveland Hope Exchange Inc operates independently, utilizing solely donated items to provide these essentials freely to the impoverished individuals in the community. While detailed data on the distribution of these items can be found in Schedule I, the overall goal of the organization remains to make a significant impact in addressing poverty and homelessness within its community.


Official website here: www.hopeforcle.com/

Who is the CEO of Cleveland Hope Exchange Inc?

Jim Wilkes is the Chairman of Cleveland Hope Exchange Inc.


Official website here: www.hopeforcle.com/

What is the revenue of Cleveland Hope Exchange Inc?

Cleveland Hope Exchange Inc's revenue in 2020 was $836,437.


Official website here: www.hopeforcle.com/

Who are the executives of Cleveland Hope Exchange Inc and what are their salaries?


Here are 5 key members and their salaries:


Jim Wilkes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Colon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Lindsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddy Diaz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Klint (Executive Director)
  • Compensation: $65,000
  • Related: $0
  • Other: $0


Official website here: www.hopeforcle.com/

Where can I find the form 990 for Cleveland Hope Exchange Inc?

Cleveland Hope Exchange Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.hopeforcle.com/

Learn more at the official website: www.hopeforcle.com/

Mission Statement of Cleveland Hope Exchange Inc

Cleveland Hope Exchange Inc is dedicated to serving its local community in Cleveland, Ohio, by addressing the pressing issues of poverty and homelessness. Through its mission, the organization distributes a variety of essential goods, such as food, Bibles, backpacks, school supplies, and hygiene products, all donated from various sources including businesses, organizations, and individuals. By partnering with churches and local religious organizations, Cleveland Hope Exchange Inc makes these items freely available to those in need and struggling financially within the community. The organization's primary goal is to alleviate hardship and provide assistance to impoverished individuals, aiming to improve their overall well-being and quality of life.

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Impact




July, 2024

Cleveland Hope Exchange Inc has made a significant impact by providing donated food goods and financial resources to alleviate poverty and homelessness in the local community. The organization distributed over 300,000lbs of fresh and dry foods, essential consumer goods, and hygiene products to those in need. Partnering with churches and local religious organizations, Cleveland Hope Exchange Inc distributed these items freely to help the impoverished in the community. Through their mission to serve the local community, the organization has been instrumental in providing essential resources to those facing hardship in Cleveland, OH.




This information is meant to be a general summary of Cleveland Hope Exchange 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
$836,437 (2020)
Expenses
$822,658 (2020)
Efficiency

Other financial information:

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

  • Gross Receipts: $836,437

Assets and Liabilities:

  • Total Assets: $36,677
  • Total Liabilities: $3,738
  • Net Assets: $32,939

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Organization Details

Founding Year

2019

Principal Officer

Jim Wilkes

Main Address

21270 Lorain Rd, Fairview Park, OH, 44126

NTEE Category

Code: X11 - Religion related

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