NonprofitsH O P E Inc

H O P E Inc

NEW LONDON, CT

Total revenue

$752K

Total expenses

$231K

Net assets

$2.8M

Grants received

EIN

061269812

Tax year

2024

Mission

H.O.P.E.'s mission is to provide homeownership opportunities to low to moderate income families. We seek to revitalize neighborhoods without gentrification.

Programs

2 programs

Low-Income Rentals

Expenses: $47K

HOPE Houses - new construction or rehabilitated homes for sale to low-income families.

Expenses: $27K

Financials

FY 2024

Revenue

Contributions & grants$642K
Program service revenue$100K
Investment income$5K
Other revenue$4K
Total revenue$752K

Expenses

Grants paid
Salaries & benefits$87K
Fundraising$11K
Other expenses$144K
Total expenses$231K
Total assets$2.8M
Net assets$2.8M

People

12 listed

NameRoleCompensation

Stacey Smith

Executive Dir.

Board

$80K

35 hrs/wk

Peter Springsteel

Chairman

Board

4 hrs/wk

Chris Johnson

Vice Chair

Board

0.5 hrs/wk

Annette Finton

Treasurer

Board

0.5 hrs/wk

Helen Behney

Director

Board

0.5 hrs/wk

Suzanne Cole

Director

Board

0.5 hrs/wk

Keith Caplet

Director

Board

0.5 hrs/wk

Richard Turner

Director

Board

0.5 hrs/wk

Ned Hammond

Director

Board

0.5 hrs/wk

Dan Brannegan

Director

Board

0.5 hrs/wk

Marilyn Graham

Director

Board

0.5 hrs/wk

Sophia Senat

Director

Board

0.5 hrs/wk

Independent contractors

Dependable Contracting Services

Contracting Services

$355K

Edward Fedorshak

Contracting Services

$256K

Details

EIN061269812
Subsection03
Ruling date1994-06
Formed1989
Employees1
Volunteers1
H O P E INC — Mission, Financials & Grants Received | Grantivo