Overview
What is Esperanza International Foundation?
Esperanza International Foundation is a nonprofit organization based in Bellevue, Washington, with a focus on empowering families to break free from poverty. They operate through an association named Esperanza International, Inc., which is a religious organization situated in the Dominican Republic. In 2023, they provided 1,797 loans to entrepreneurs, with 75% going to women and 46% being Haitian or of Haitian descent. They offer various loan products, such as Bank of Esperanza Loans, Solidarity Group Loans, Housing Loans, Individual Loans, Church Initiative Loans, and School Loans. The average loan portfolio during that year was $1.03 million, with an average group loan disbursed at $366 and an individual loan of $946. Their mission is to alleviate poverty and share the hope of Christianity through microfinance and non-financial services in the Dominican Republic.
Official website here: www.esperanza.org
What do the Facebook reviews say about Esperanza International Foundation?
100% of 10 reviewers on Facebook recommend Esperanza International Foundation. Here is a summary of their reviews:
The overwhelming sentiment from supporters reflects a strong belief in the nonprofit's mission and impact. Many reviewers express trust in the organization, noting its commitment to fostering a brighter future for those it serves, aligning with the hopeful message encapsulated in the quote from Jeremías 29:11.
Supporters appreciate the foundation's dedication to wellness and positive change, suggesting that their programs instill a sense of hope among beneficiaries. Overall, there is a palpable sense of optimism and satisfaction with the services being provided by Esperanza International Foundation.
This AI summary has been generated from reviews found on Facebook.
Is Esperanza International Foundation legitimate?
Esperanza International Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza International 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: $67,985
Professional Fundraising Fees: $0
Other Salaries and Wages: $858
For more financial information, click here
Official website here: www.esperanza.org
What is the mission statement of Esperanza International Foundation?
Esperanza International Foundation's mission is focused on alleviating poverty and spreading the message of Christianity. They achieve this by providing microfinance and non-financial services to families in need, specifically in the Dominican Republic. In 2023, they offered 1,797 loans to entrepreneurial individuals, with a significant portion going to women and the Haitian community. Their loan portfolio consists of six different products, including Bank of Esperanza Loans, Solidarity Group Loans, and Individual Loans. The organization's mission is to free families from poverty and share the hope of Christianity.
Official website here: www.esperanza.org
Who is the CEO of Esperanza International Foundation?
Alexandra Nunez is the President & Ceo of Esperanza International Foundation. The CEO's salary of Esperanza International Foundation is $0 and their total compensation is $0.
Official website here: www.esperanza.org
What is the revenue of Esperanza International Foundation?
Esperanza International Foundation's revenue in 2023 was $12,963.
Official website here: www.esperanza.org
Who are the executives of Esperanza International Foundation and what are their salaries?
There 6 volunteers at Esperanza International Foundation.
Here are 7 key members and their salaries (Esperanza International Foundation's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.esperanza.org
Where can I find the form 990 for Esperanza International Foundation?
Esperanza International Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.esperanza.org
Learn more at the official website: www.esperanza.org
Mission Statement of Esperanza International Foundation
Esperanza International Foundation, as a religious organization, is dedicated to a mission of liberating families from poverty and spreading the message of Christ's hope. Their mission revolves around offering microfinance and non-financial services to families residing in the Dominican Republic. Through their programs, they strive to uplift deserving entrepreneurs, providing them with various loan products such as Bank of Esperanza Loans, Solidarity Group Loans, Housing Loans, Individual Loans, Church Initiative Loans, and School Loans. In 2023, they disbursed a total of 1,797 loans, with a significant portion going to women and those of Haitian descent or descent. The loan portfolio during this year averaged USD $1.03 million, with an average group loan amounting to $366 and individual loans reaching an average of $946. By offering these financial services, Esperanza International Foundation aims to contribute to the economic empowerment and upliftment of families in need.
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Impact
October, 2024
Esperanza International Foundation is making a significant impact by empowering families in the Dominican Republic to escape poverty through tailored microfinance and non-financial services. In 2023 alone, the organization provided 1,797 loans to deserving entrepreneurs, with 75% of these loans going to women, illustrating a strong commitment to fostering female entrepreneurship. Additionally, 46% of the loans were extended to individuals of Haitian descent, highlighting an essential focus on inclusivity.
The variety of loan products available—ranging from solidarity group loans to housing loans—ensures that entrepreneurs have access to the resources necessary to grow their businesses and improve their quality of life. The average loan disbursed was $366 for group loans and $946 for individual loans, translating financial support into tangible business opportunities.
Through these efforts, Esperanza International is not only providing financial assistance but also sharing hope and fostering community resilience, thus working towards a sustainable escape from poverty.
This information is meant to be a general summary of Esperanza International 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $12,963
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1992
Phone
(206) 619-3877Principal Officer
Alexandra Nunez
Main Address
13219 NE 20TH ST 208, BELLEVUE, WA, 98005
Website
www.esperanza.orgNTEE Category
Code: E39Z - Health
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