Hope Floats For Veterans

Hope Floats For Veterans

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

EIN: 861713184 ✦ Clio, MI ✦ Designated as a 501(c)(3)

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Overview

What is Hope Floats For Veterans?

Hope Floats For Veterans is a nonprofit organization situated in Clio, Michigan. Their primary mission is to support and employ veterans, offering them the opportunity to work in a woodshop and factory setting. They have transformed a space into a functional woodshop, where veterans can engage in various activities such as cutting and shaping wood, building furniture, and even operating a sawmill. Furthermore, the organization has planted flower gardens, trees, and fruit-bearing plants, contributing to their overall sustainable approach. To fund their initiatives, they have received donations from individuals like Bill Gramer and Cheryl Kaufman, and they have also upgraded their web presence for better outreach. In addition to their employment programs, Hope Floats For Veterans is exploring the possibility of starting Airbnb rentals to provide housing solutions for veterans.


Official website here: www.hopefloatsforveterans.org

Is Hope Floats For Veterans legitimate?

Hope Floats For Veterans is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Floats For Veterans 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: $5,000

For more financial information, click here


Official website here: www.hopefloatsforveterans.org

What is the mission statement of Hope Floats For Veterans?

Hope Floats For Veterans aims to assist veterans in their employment endeavors and initiate Airbnb rentals as a part of their mission. The organization has been involved in various activities, including planting flower gardens and trees, constructing high-end furniture, and producing value-added products for fundraisers. They have also upgraded their online presence and donated equipment to further their cause. The primary focus of Hope Floats For Veterans is to support veterans in their professional growth and provide them with housing opportunities.


Official website here: www.hopefloatsforveterans.org

Who is the CEO of Hope Floats For Veterans?

Unavailable


Official website here: www.hopefloatsforveterans.org

What is the revenue of Hope Floats For Veterans?

Hope Floats For Veterans's revenue in 2022 was $108,710.


Official website here: www.hopefloatsforveterans.org

Who are the executives of Hope Floats For Veterans and what are their salaries?

There 3 volunteers at Hope Floats For Veterans.


Here are 3 key members and their salaries:


Damon R Huffman (Chair Of Board And Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna M Caleca (Board Member And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Kean (Board Member And President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hopefloatsforveterans.org

Where can I find the form 990 for Hope Floats For Veterans?

Hope Floats For Veterans's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hopefloatsforveterans.org

Learn more at the official website: www.hopefloatsforveterans.org

Mission Statement of Hope Floats For Veterans

Hope Floats For Veterans, a nonprofit organization, is dedicated to aiding veterans in their employment endeavors and initiating Airbnb rentals. The organization's mission is twofold. Firstly, it aims to provide veterans with job opportunities by involving them in a woodshop factory. This not only offers them employment but also allows them to hone their craftsmanship skills, as they produce high-end furniture such as tables and walls. Secondly, Hope Floats For Veterans helps veterans start Airbnb rentals, providing them with a sustainable source of income.

In addition to employment opportunities, Hope Floats For Veterans has undertaken various other projects to support its cause. For instance, they have planted flower gardens and front gates, and have donated equipment and supplies to aid in their woodworking projects. They have also planted fruit-bearing trees and have produced value-added products for fundraisers. The organization's efforts have been recognized with generous donations from individuals such as Bill Gramer and Cheryl Kaufman. Furthermore, they have upgraded their webpage and even harvested cherry logs from a neighbor to contribute to their projects. Overall, Hope Floats For Veterans is committed to uplifting veterans by providing them with employment opportunities and fostering their entrepreneurial spirit through Airbnb rentals.

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Impact




October, 2024

Hope Floats For Veterans significantly impacts the lives of veterans by providing meaningful employment opportunities in a woodshop factory setting, which fosters skill development and camaraderie. The initiative focuses on both professional and personal growth by aiding veterans in transitioning to stable housing and entrepreneurial ventures, including starting Airbnb rentals.

The hands-on projects not only create tangible products like high-end tables and DIY kilns, but also contribute to the overall beautification of the community through the planting of flower gardens, trees, and various crops such as asparagus and blackberries. These efforts promote self-sufficiency and wellness among veterans.

By upcycling materials and utilizing donated equipment, the program minimizes waste while maximizing learning and production. Fundraising initiatives, powered by the value-added products created by veterans, further reinforce the economic sustainability of the program. Overall, Hope Floats For Veterans enriches the lives of those who served by providing support, fostering independence, and creating a lasting impact on both individuals and the community.




This information is meant to be a general summary of Hope Floats For Veterans. 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
$108,710 (2022)
Expenses
$137,961 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $108,710

Assets and Liabilities:

  • Total Assets: $764,806
  • Total Liabilities: $0
  • Net Assets: $764,806

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Organization Details

Founding Year

2021

Main Address

11214 N ELMS RD, CLIO, MI, 48420

NTEE Category

Code: W30 - Public benefit

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