Overview
What is Hopeworks?
Hopeworks is a renowned 501(c)(3) nonprofit organization established in Albuquerque, New Mexico, in 1985. Its primary objective is to aid individuals and families at risk of or experiencing homelessness. Annually, around 11,000 people seek assistance from Hopeworks. The organization offers various resources and opportunities, including meals, showers, access to health and hygiene items, storage, telephone and Internet facilities, and clothing. Beyond this, Hopeworks provides behavioral and mental health services, therapy sessions, housing support, and housing alternatives, catering to diverse populations such as those with mental health issues, substance abuse problems, veterans, domestic violence survivors, and the medically fragile. With a dedicated team of 177 employees, Hopeworks' mission is to offer dignity, respect, and hope, working tirelessly to end homelessness one person at a time.
Official website here: www.hopeworksnm.org
What are the reviews and ratings of this charity?
**Hopeworks : Charity Navigator Rating 85% (Three Stars)**ars)**
Hopeworks holds an 85% score on Charity Navigator, reflecting a strong emphasis on Accountability & Finance, which contributes 83% to its score. This rating indicates a healthy organizational structure, characterized by an entirely independent board and comprehensive policies for governance such as conflict of interest and whistleblower protections. The organization excels in financial oversight with high scores in audit practices and transparency.
While the organization shows strengths in financial accountability and community engagement, it also has some areas for improvement, particularly regarding its liabilities to assets ratio, which is somewhat lower than ideal. Additionally, although the impact and measurement score is not available, the organizational practices in collecting and utilizing feedback from constituents showcase a robust commitment to responsiveness and adaptive leadership.
Unfortunately, user reviews from GreatNonprofits could not be accessed, limiting insights from individual experiences with the organization. Overall, the information available underscores Hopeworks as a reliable nonprofit with solid governance practices, though potential donors and supporters may want to seek out additional feedback for a more comprehensive understanding of its community impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Hopeworks?
96% of reviewers on Facebook recommend Hopeworks. Here is a summary of their reviews:
Many individuals express gratitude for Hopeworks' dedication to addressing homelessness and advocating for marginalized communities. A common sentiment highlights the nonprofit's impactful efforts in providing assistance and services to those in need, particularly in Albuquerque. Reviewers appreciate the organization's commitment to making a positive difference in the lives of the poor, sick, and homeless.
Overall, supporters resonate with the mission and work of Hopeworks, emphasizing its significant role in the community and the positive outcomes for those it serves. The organization is seen as a valuable resource in advocating for vulnerable populations and promoting social change.
This AI summary has been generated from reviews found on Facebook.
Is Hopeworks legitimate?
Hopeworks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopeworks 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: $133,391
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,869,049
For more financial information, click here
Official website here: www.hopeworksnm.org
What is the mission statement of Hopeworks?
Hopeworks, as a nonprofit organization, is committed to assisting individuals and families who are currently experiencing homelessness or are at risk of becoming homeless. Their mission is to provide resources, opportunities, and hope to these individuals, with the ultimate goal of ending homelessness one person at a time. The organization offers a range of services, including a day shelter that provides meals, showers, clothing, and access to health care, as well as short-term and long-term storage, telephone and Internet access, and a clothing room. Hopeworks also offers behavioral and mental health services, housing alternatives, and therapy sessions. They strive to treat everyone with dignity and respect, offering them a pathway towards a better tomorrow. The organization's outreach team engages with homeless individuals living on the streets, providing them with food, clothing, and access to support services. In addition, their housing department helps individuals and families exit homelessness and remain housed, with a successful graduation rate of 85% in their most recent fiscal year.
Official website here: www.hopeworksnm.org
Who is the CEO of Hopeworks?
Annam Manthiram is the Ceo of Hopeworks. The CEO's salary of Hopeworks is $133,391 and their total compensation is $133,391.
Official website here: www.hopeworksnm.org
What is the revenue of Hopeworks?
Hopeworks's revenue in 2022 was $9,734,557.
Official website here: www.hopeworksnm.org
Who are the executives of Hopeworks and what are their salaries?
The average compensation at Hopeworks during 2022 was $28,262. There are 177 employees and 62 volunteers at Hopeworks.
Here are 13 key members and their salaries (Hopeworks's CEO's salary is $133,391 and their total compensation is $133,391):
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Official website here: www.hopeworksnm.org
Where can I find the form 990 for Hopeworks?
Hopeworks's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeworksnm.org
Learn more at the official website: www.hopeworksnm.org
Mission Statement of Hopeworks
Hopeworks, a 501(C)(3) organization, is dedicated to assisting individuals and families who are experiencing or are at risk of homelessness. Established in 1985 by a group of concerned leaders, Hopeworks has grown to become the largest provider of services for the homeless in Albuquerque, New Mexico. The organization's mission is to provide a safe haven for these individuals, offering essential services such as meals, showers, clothing, and health care. Beyond these basic needs, Hopeworks offers a range of services, including counseling, housing alternatives, and behavioral and mental health services.
Hopeworks goes beyond being just a homeless shelter. Their day shelter is a hub of resources, offering a mail room, showers, access to health and hygiene items, short-term and long-term storage, telephone and Internet access, and a clothing room. They also provide comprehensive behavioral and mental health services, as well as individual and group therapy. As a community mental health center, they offer their services to anyone, regardless of their housing situation.
In terms of housing, Hopeworks provides a myriad of programs to help individuals and families exit homelessness and remain housed. During their last fiscal year, they successfully graduated 24 families with an 85% success rate. They also offer various housing support services to a total of 894 people.
In summary, Hopeworks' mission is to provide essential services and resources to individuals and families experiencing homelessness or near homelessness. They aim to end homelessness one person, one family at a time, treating each individual with dignity and respect and offering them hope for a better tomorrow. Their comprehensive service array is designed to help those most at risk, including those with severe and persistent mental health illness, substance abuse problems, military veterans, those fleeing domestic violence, and the medically fragile.
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Impact
July, 2024
Hopeworks has a significant impact on the community of Albuquerque, New Mexico, by providing essential services to individuals experiencing or at risk of homelessness. With a strong commitment to treating everyone with dignity and respect, Hopeworks offers a wide range of resources, opportunities, and hope for a better tomorrow.
The organization serves approximately 11,000 individuals every year through its day shelter, outreach programs, housing support, and behavioral/mental health services. The day shelter alone welcomes over 5,000 men, women, and children, providing them with meals, showers, clothing, and access to various support networks. Additionally, the outreach team reaches over 1,000 individuals living on the streets, offering essential items and connecting them to services.
Hopeworks' housing department has provided support to 894 people, successfully graduating 24 families with an 85% success rate. The organization's behavioral/mental health services have catered to over 977 clients, offering therapy sessions to address various needs. With a comprehensive service array that supports individuals with diverse challenges, including mental health illnesses, substance abuse issues, veterans, survivors of domestic violence, and medically fragile individuals, Hopeworks plays a vital role in helping those most at risk of homelessness.
Through its dedication to ending homelessness one person, one family at a time, Hopeworks demonstrates a commitment to making a lasting difference in the lives of those in need in Albuquerque.
This information is meant to be a general summary of Hopeworks. 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: $18,231
- Program Service Revenue: $2,642,730
- Gross Receipts: $9,734,557
Assets and Liabilities:
- Total Assets: $7,722,016
- Total Liabilities: $2,337,986
- Net Assets: $5,384,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Fee
Revenue
$6,843
Medicaid Fees
Revenue
$2,586,708
Program Fees
Revenue
$49,179
Organization Details
Founding Year
1985
Phone
(505) 242-4399Principal Officer
Annam Manthiram
Main Address
1120 2ND STREET, ALBUQUERQUE, NM, 87125
Website
www.hopeworksnm.orgNTEE Category
Code: P85 - Human services
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