Restore Hope Foundation

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

EIN: 843417263 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Restore Hope Foundation?

The Restore Hope Foundation is a nonprofit organization headquartered in Orlando, Florida. Their primary focus is on community development and business restoration in Elbow Cay and surrounding areas in the Bahamas, which were devastated by Hurricane Dorian. They undertake various tasks such as debris removal, rebuilding public facilities like libraries, civic offices, and police stations, supporting local businesses, landscaping, and planting. Furthermore, they are involved in the restoration of the community pool and the Burial Society Building. Their mission encompasses revitalizing the affected areas and aiding in the recovery process.


Official website here: www.restorehopefoundation.com

Is Restore Hope Foundation legitimate?

Restore Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Hope Foundation 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.restorehopefoundation.com

What is the mission statement of Restore Hope Foundation?

The Restore Hope Foundation's mission is centered around providing community development and business restoration services in areas affected by Hurricane Dorian, specifically Elbow Cay and its surrounding regions. The organization's primary objective is to aid in the removal of debris, blight, and rubbish across the island, as well as rebuilding crucial facilities like libraries, civic offices, and museums. Additionally, the Restore Hope Foundation supports various community projects, including the restoration of a community pool and the rebuilding of a burial society building. Moreover, the organization is committed to assisting businesses in their recovery and engaging in various other activities, such as landscaping and planting.


Official website here: www.restorehopefoundation.com

Who is the CEO of Restore Hope Foundation?

Michael Hatchard is the Secretary of Restore Hope Foundation.


Official website here: www.restorehopefoundation.com

What is the revenue of Restore Hope Foundation?

Restore Hope Foundation's revenue in 2022 was $82,656.


Official website here: www.restorehopefoundation.com

Who are the executives of Restore Hope Foundation and what are their salaries?

There 5 volunteers at Restore Hope Foundation.


Here are 5 key members and their salaries:


Rutledge Bradford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Franyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Love (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliza Gonzalez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hatchard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.restorehopefoundation.com

Where can I find the form 990 for Restore Hope Foundation?

Restore Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.restorehopefoundation.com

Learn more at the official website: www.restorehopefoundation.com

Mission Statement of Restore Hope Foundation

Restore Hope Foundation is an organization dedicated to providing community development and business restoration services in areas affected by Hurricane Dorian, specifically Elbow Cay and its surrounding regions. Their mission is to aid in the recovery and rebuilding process, focusing on the removal of debris, the clearance of blight, and the restoration of key facilities such as libraries, civic offices, and community pools. Furthermore, the foundation supports various activities, including the redevelopment of museums, the rebuilding of community structures like the burial society building, and assisting businesses in their recovery. They also engage in landscaping and planting initiatives, demonstrating their commitment to revitalizing the affected communities.

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Impact




October, 2024

Restore Hope Foundation has made a significant impact on the recovery and revitalization of Elbow Cay and its surrounding areas in the Bahamas, which were severely affected by Hurricane Dorian. The Foundation has focused on essential community development and business restoration services, helping to clear debris and remove blight from the landscape, thereby enhancing public safety and community well-being.

Key initiatives include the complete rebuilding and fitting out of the local library, which serves as a vital resource for education and community engagement. Additionally, civic offices such as the police station, post office, and town council have been restored, ensuring that essential services are accessible to the residents.

The redevelopment of the local museum has also been a priority, preserving the cultural heritage of the community while attracting tourism. Furthermore, the support for restoring the community pool has provided a recreational space for residents, promoting social cohesion and wellness.

The rebuilding of the Burial Society building and various other initiatives, including aiding recovering businesses and landscaping efforts, have contributed to a more vibrant and resilient community. Through these multifaceted efforts, Restore Hope Foundation is not just aiding in recovery from the hurricane but fostering long-term revitalization and sustainability for the future of Elbow Cay.




This information is meant to be a general summary of Restore Hope Foundation. 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
$82,656 (2022)
Expenses
$234,102 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $82,656

Assets and Liabilities:

  • Total Assets: $89,060
  • Total Liabilities: $0
  • Net Assets: $89,060

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Organization Details

Founding Year

2019

Principal Officer

Michael Hatchard

Main Address

2900 EAST ROBINSON STREET, ORLANDO, FL, 32803

NTEE Category

Code: M20 - Public safety

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