Overview
What is Brea Hope Inc?
Brea Hope Inc, located in Brea, California, serves as a financial aid for the Brea Olinda Unified School District. The primary mission of this nonprofit organization is to assist the school district in financing various construction projects. Specifically, Brea Hope Inc continues to finance capital assets and existing debt for a previously constructed high school facility, thereby contributing to the district's infrastructure development. The corporation's activities are directly linked to supporting educational growth within the district.
Is Brea Hope Inc legitimate?
Brea Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brea Hope Inc 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
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What is the mission statement of Brea Hope Inc?
Brea Hope Inc's mission is centered around assisting the Brea Olinda Unified School District in financing various construction projects. The corporation's primary objective is to aid in the financing of capital assets and existing debt associated with a previously constructed high school facility, which is then utilized by the school district. By providing financial support for construction projects, Brea Hope Inc contributes to the improvement and expansion of educational facilities, thereby enhancing the learning environment for students and staff within the district.
Who is the CEO of Brea Hope Inc?
Richard Champion is the Vice Chairperson of Brea Hope Inc.
What is the revenue of Brea Hope Inc?
Brea Hope Inc's revenue in 2022 was $2,003,271.
Who are the executives of Brea Hope Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $189,092
- Other: $77,767
- Compensation: $0
- Related: $196,270
- Other: $66,250
- Compensation: $0
- Related: $196,270
- Other: $66,250
- Compensation: $0
- Related: $148,128
- Other: $26,193
- Compensation: $0
- Related: $66,560
- Other: $19,253
- Compensation: $0
- Related: $47,723
- Other: $31,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Brea Hope Inc?
Brea Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Brea Hope Inc
Brea Hope Inc, a nonprofit organization, is committed to assisting the Brea Olinda Unified School District in financing various construction projects. Its mission is to provide financial support for the district's capital assets and existing debt, specifically for a previously constructed high school facility. By doing so, Brea Hope Inc contributes to the enhancement and maintenance of the school's infrastructure, ultimately benefiting the students and faculty within the district.
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Impact
October, 2024
Brea Hope Inc. plays a crucial role in enhancing the educational infrastructure of the Brea Olinda Unified School District. By assisting in the financing of various construction projects, the organization helps to ensure that schools have the necessary facilities to support quality education. This support includes funding capital assets and addressing existing debt related to the previously constructed high school facility. As a result, Brea Hope Inc. significantly contributes to creating a conducive learning environment for students in Brea, California, and facilitates the district’s ability to deliver educational excellence.
This information is meant to be a general summary of Brea Hope Inc. 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: $3,271
- Gross Receipts: $2,597,198
Assets and Liabilities:
- Total Assets: $21,683,744
- Total Liabilities: $8,839,007
- Net Assets: $12,844,737
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Organization Details
Founding Year
1984
Phone
(714) 990-7826Principal Officer
Richard Champion
Main Address
1 CIVIC CENTER CIRCLE, BREA, CA, 92821
NTEE Category
Code: B190 - Education
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