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We Hope

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

EIN: 943342713 ✦ East palo alto, CA ✦ Designated as a 501(c)(3)

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Overview

What is We Hope?

We Hope is a nonprofit organization dedicated to assisting individuals who are unhoused, homeless, or at risk, in rebuilding their lives. They achieve this goal through a tailored supportive housing program, providing services that cater to each client's unique needs. The organization's mission is to help these individuals regain stability and independence, enhancing their overall well-being. Although the information provided does not specify the geographical location of We Hope, it can be inferred that they aim to serve their community with compassion and support.


Official website here: www.wehope.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 4 Stars (100%)**

We Hope has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, indicating a top-tier evaluation primarily based on its strong accountability and finance practices. The organization’s high score reflects an impressive 100% in financial transparency and governance, with all board members being largely independent and maintaining robust policies for conflict of interest and whistleblowing.

The nonprofit's operational efficiency is evident, as it allocates approximately 86% of its expenses directly to its programs, highlighting a commitment to impactful use of resources. Additionally, the transparency in financial reporting and independent oversight has made We Hope a trusted entity in its sector. However, it's worth noting that the organization is not currently evaluated for its impact, culture, or leadership, suggesting potential areas for improvement.

User reviews from GreatNonprofits could not be fetched, therefore additional feedback from the community regarding We Hope’s initiatives and effectiveness is not available at this time. Overall, the organization's strong financial health positions it well among its peers in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is We Hope legitimate?

We Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Hope 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: $273,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,427,079

For more financial information, click here


Official website here: www.wehope.org

What is the mission statement of We Hope?

We Hope's mission is to assist the homeless, unemployed, and at-risk individuals in rebuilding their lives through a customized supportive housing program. This program is tailored to meet the unique needs of each client, providing them with the necessary resources to regain independence and stability. The organization aims to offer a comprehensive support system, helping these individuals overcome the challenges they face and reestablish themselves in society.


Official website here: www.wehope.org

Who is the CEO of We Hope?

Paul Bains is the President/Co-Founder of We Hope.


Official website here: www.wehope.org

What is the revenue of We Hope?

We Hope's revenue in 2022 was $9,477,538.


Official website here: www.wehope.org

Who are the executives of We Hope and what are their salaries?

The average compensation at We Hope during 2022 was $34,973. There are 163 employees and 100 volunteers at We Hope.


Here are 11 key members and their salaries:


Paul Bains (President/Co-Founder)
  • Compensation: $192,889
  • Related: $0
  • Other: $538
Cheryl Bains (Dir Of Hr/Secretary)
  • Compensation: $79,894
  • Related: $0
  • Other: $232
Jonathan Bunce (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irv Henderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sherrard (Vice/Finance Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Ericson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerold Reiton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Archer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noland Granberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalynn Hughey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Garcia (Chief Operating Officer)
  • Compensation: $144,151
  • Related: $0
  • Other: $240


Official website here: www.wehope.org

Where can I find the form 990 for We Hope?

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


Official website here: www.wehope.org

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

Mission Statement of We Hope

We Hope, as an organization, is dedicated to assisting the homeless, unsheltered, and those at risk in rebuilding their lives. They accomplish this mission through a customized supportive housing program tailored to meet the unique needs of each client. This program aims to provide a pathway for these individuals towards self-sufficiency and stability. By offering a personalized approach, We Hope strives to help its clients overcome the challenges they face and reclaim control of their lives.

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Impact




July, 2024

We Hope's impact lies in helping the unhoused, homeless, and those at risk in East Palo Alto, CA, to rebuild their lives through a customized supportive housing program tailored to the individual needs of each client. By providing this specific and personalized support, We Hope aims to address the root causes of homelessness and empower individuals to regain stability and independence. This targeted approach contributes to the overall well-being of the community and promotes positive outcomes for those facing housing insecurity.




This information is meant to be a general summary of We Hope. 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
$9,477,538 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Expenses
$9,276,619 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%64%

Other financial information:

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

  • Investment Income: $499
  • Gross Receipts: $9,477,538

Assets and Liabilities:

  • Total Assets: $5,757,430
  • Total Liabilities: $2,236,490
  • Net Assets: $3,520,940

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Organization Details

Founding Year

1999

Principal Officer

Paul Bains

Main Address

PO BOX 50624, EAST PALO ALTO, CA, 94303

NTEE Category

Code: O50 - Youth development

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