Overview
What is New Hope Thrift?
New Hope Thrift is a nonprofit organization situated in Batesburg, South Carolina, specifically at 2539 Old 96 Indian Trail Road. Their primary mission is to distribute funds to various mission organizations and provide long-term support for underfunded missionaries and local ministries. By doing so, they aim to contribute to charitable endeavors and assist those in need within their community and beyond. The organization employs a team of ten dedicated individuals.
Is New Hope Thrift legitimate?
New Hope Thrift is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Thrift 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: $123,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,583
For more financial information, click here
What is the mission statement of New Hope Thrift?
New Hope Thrift's mission is centered around providing financial aid to various mission organizations and supporting long-term, underfunded missionaries and local ministries. This non-profit organization actively contributes to the funding needs of these organizations, ensuring they can continue their crucial work. Additionally, New Hope Thrift extends its support to long-term missionaries who often face financial challenges, ensuring they can continue their mission without interruption. The organization also aids local ministries in their efforts, contributing to the broader missionary community.
Who is the CEO of New Hope Thrift?
Scott Hoover is the Treasurer of New Hope Thrift.
What is the revenue of New Hope Thrift?
New Hope Thrift's revenue in 2022 was $278,783.
Who are the executives of New Hope Thrift and what are their salaries?
The average compensation at New Hope Thrift during 2022 was $14,371. There are 10 employees and 40 volunteers at New Hope Thrift.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Hope Thrift?
New Hope Thrift's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Thrift
New Hope Thrift is an organization committed to providing funding to various mission organizations and supporting long-term, underfunded missionaries and local ministries. Its mission is centered around alleviating financial constraints faced by these entities, thereby enabling them to carry out their noble work effectively. By offering financial assistance, New Hope Thrift plays a significant role in strengthening the capacity and reach of these organizations, ultimately contributing to the betterment of communities and individuals in need.
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Impact
October, 2024
New Hope Thrift plays a significant role in bolstering mission organizations and local ministries by channeling essential funding to support long-term underfunded missionaries. Based in Batesburg, SC, it prioritizes the needs of these organizations, enabling them to continue their vital work in the community. By addressing the financial challenges faced by underfunded missionaries, New Hope Thrift ensures that important religious and community services can be sustained over time, fostering growth and outreach in various mission fields. The impact extends beyond mere financial support; it creates a ripple effect that enhances the overall well-being and strength of community ties.
This information is meant to be a general summary of New Hope Thrift. 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.
- Investment Income: $44
- Gross Receipts: $278,783
Assets and Liabilities:
- Total Assets: $598,042
- Total Liabilities: $124,277
- Net Assets: $473,765
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Organization Details
Founding Year
2019
Principal Officer
Scott Hoover
Main Address
2539 OLD 96 INDIAN TRAIL ROAD, BATESBURG, SC, 29006
NTEE Category
Code: X12 - Religion related
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