NonprofitsHope Enterprise Corporation

Community Improvement & Capacity Building

Hope Enterprise Corporation

JACKSON, MS

Total revenue

$46.0M

Total expenses

$27.4M

Net assets

$63.6M

Grants received

$90.1M

102 grants

EIN

640851798

Tax year

2024

Mission

Strengthen financial health of people in under-resourced deep south communities

Programs

3 programs

Regional development of systems to increase ownership, entrepreneurship, and community infrastructure development by expanding access to capital and advisory services.

Expenses: $8.3M

Housing initiative provides finance for affordable housing to families.

Expenses: $851K

Technical assistance to small and medium sized manufacturing and service businesses in the area of management consulting and in the areas of improvements of processes and systems.

Expenses: $420K

Financials

FY 2024

Revenue

Contributions & grants$41.3M
Program service revenue$4.7M
Investment income
Other revenue$737
Total revenue$46.0M

Expenses

Grants paid$732K
Salaries & benefits$6.9M
Fundraising$615K
Other expenses$19.8M
Total expenses$27.4M
Total assets$165.5M
Net assets$63.6M

People

30 listed

NameRoleCompensation

WILLIAM BYNUM

PRESIDENT/CEO

Board

$387K

27.54 hrs/wk

CHLOE DOTSON

EVP/CHIEF PROGRAM & STRATEGY OFFICER

Board

$115K

27.02 hrs/wk

ALAN BRANSON

EVP/CFO/TREASURER/ASST SECRETARY

Board

$115K

19.76 hrs/wk

EDWARD D SIVAK JR

EVP/CHIEF POLICY & COMM. OFFICER

Board

$100K

27.95 hrs/wk

GOPAL NARASIMHAN

EVP/CHIEF DIGITAL & TECH. OFFICER

Board

$96K

11.07 hrs/wk

KIMBERLA LITTLE

EVP/CHIEF HUMAN ASSETS OFFICER

Board

$91K

21.54 hrs/wk

JONATHAN MULKIN

EVP/CHIEF MORTGAGE OFFICER

Board

$43K

7.82 hrs/wk

CASSANDRA WILLIAMS

EVP/CHIEF LENDING OFFICER

Board

$31K

7.17 hrs/wk

PEARL WICKS

EVP/CHIEF RETAIL OFFICER

Board

$2K

0.42 hrs/wk

HERSCHELL HAMILTON

DIRECTOR

Board

0.15 hrs/wk

CAROLYN JEFFERSON

DIRECTOR

Board

0.15 hrs/wk

MAURICE JONES

DIRECTOR

Board

0.15 hrs/wk

KENDRA KEY

DIRECTOR - AS OF 12/24

Board

0.08 hrs/wk

DAN LETENDRE

DIRECTOR

Board

0.15 hrs/wk

BLANCHE LINCOLN

DIRECTOR

Board

0.02 hrs/wk

ROBERT GIBBS

CHAIR

Board

0.15 hrs/wk

FRED MILLER

DIRECTOR

Board

0.15 hrs/wk

JUDY REESE MORSE

DIRECTOR

Board

0.15 hrs/wk

JEFFREY NOLAN

DIRECTOR

Board

0.15 hrs/wk

AISHA NYANDORO

DIRECTOR - AS OF 12/24

Board

0.08 hrs/wk

ALEX WISE

DIRECTOR

Board

0.15 hrs/wk

FELECIA LUCKY

DIRECTOR

Board

0.15 hrs/wk

IVYE ALLEN

SECRETARY

Board

0.15 hrs/wk

CLAIBORNE BARKSDALE

DIRECTOR

Board

0.15 hrs/wk

MARC BARNES

DIRECTOR

Board

0.15 hrs/wk

ANN MARIE BURGOYNE

DIRECTOR

Board

0.15 hrs/wk

MAURICIO CALVO

DIRECTOR

Board

0.02 hrs/wk

SUSANNAH CARRIER

DIRECTOR

Board

0.15 hrs/wk

RONNIE CRUDUP

DIRECTOR

Board

0.08 hrs/wk

REBECCA DIXON

DIRECTOR

Board

0.08 hrs/wk

Independent contractors

PURPOSE VENTURES ADVISORS LLC

CONSULTING

$767K

SDS ADVANTAGE LLC

CONSULTING

$409K

CLASSIC LAKE CONSULTING

CONSULTING

$383K

CLIFTONLARSONALLEN LLP

ACCOUNTING

$295K

MOSAIC CONSULTING GROUP LLC

CONSULTING

$110K

Grants received

Showing 102 of 102

FromAmountPurposeYear
$4.0M
Community Development
2024
$2M
HOUSING SUPPLY GENERAL
2024
$100K
HEALTHY INDIVIDUALS AND COMMUNITIES
2024
$5K
General charitable purposes
2024
$28M
General support for programs, operations and other charitable purposes
2023
$4.1M
Community Development
2023
$1.5M
Special Initiatives
2023
$1.0M
SUPPORT FOR THE PARTNERS FOR RURAL TRANSFORMATION PROGRAM
2023
$1M
GENERAL SUPPORT
2023
$400K
ENVIRONMENTAL PROGRAMS
2023
$300K
Jobs and Family Economic Security
2023
$297K
GRANT TO SUPPORT THE 10,000 SMALL BUSINESSES INITIATIVE.
2023
$200K
Jobs and Family Economic Security
2023
$200K
FOR GENERAL SUPPORT.
2023
$150K
TOWARD THE COSTS OF PILOTING A COLLABORATIVE TO GROW AND SUPPORT DISADVANTAGED BUSINESSES IN JACKSON, MS
2023
$100K
HEALTHY INDIVIDUALS AND COMMUNITIES
2023
$50K
UNRESTRICTED SUPPORT
2023
$50K
COMMUNITY AND ECONOMIC DEVELOPMENT
2023
$20K
GENERAL OPER SUPPORT
2023
$10K
TO PROVIDE GENERAL SUPPORT.
2023
$5K
General charitable purposes
2023
$3.3M
Community Development
2022
$1.2M
SUPPORT FOR THE PARTNERS FOR RURAL TRANSFORMATION PROGRAM
2022
$1M
GENERAL SUPPORT
2022
$700K
HEALTHY INDIVIDUALS AND COMMUNITIES
2022
$700K
HEALTHY INDIVIDUALS AND COMMUNITIES
2022
$440K
GENERAL SUPPORT AND CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING
2022
$300K
TOWARD THE COSTS OF PILOTING A COLLABORATIVE TO GROW AND SUPPORT DISADVANTAGED BUSINESSES IN JACKSON, MS.
2022
$300K
increase economic mobility, health, and water equity for residents of color through building local capacity, networks, voice and power and helping small businesses and communities of color leverage procurement contracts and historic levels of federal funding
2022
$150K
General Support
2022
$100K
ADVISED - FOR GENERAL OPERATING SUPPORT FOR POLICY EFFORTS AIMED AT RACIAL/GENDER ECONOMIC EQUITY IN THE SOUTH AND NATIONALLY.
2022
$100K
GENERAL FUND
2022
$100K
enable the organization to achieve its mission of strengthening communities, building assets and improving lives in economically distressed areas of the Deep South by providing general operating support
2022
$50K
UNRESTRICTED SUPPORT
2022
$10K
GENERAL OPER SUPPORT
2022
$10K
For grant recipient's exempt purposes
2022
$2K
General charitable purposes
2022
$425K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$350K
FOR GENERAL OPERATING SUPPORT
2021
$297K
make access to fresh, healthy and affordable food in COVID-19 impacted and divested communities of Sunflower County possible through a pilot fresh food delivery program
2021
$178K
GRANT FOR PARTICIPATION IN RURAL TRANSFORMATION WORKING GROUPS
2021
$140K
General Support
2021
$138K
HOPE ENTERPRISE CORP-OPEN FOR BUSINESS FUND SU-08.11.2021
2021
$50K
UNRESTRICTED SUPPORT
2021
$45K
GENERAL FUND
2021
$12K
For grant recipient's exempt purposes
2021
$12K
For grant recipient's exempt purposes
2021
$6K
For recipient's exempt purpose
2021
$4.4M
GRANT TO SUPPORT COVID-19 RELIEF EFFORTS FOR SMALL BUSINESSES IN AL, AR, LA, MI AND TN
2020
$3.2M
Community Development
2020
$2.4M
enable the organization to achieve its mission of strengthening communities, building assets and improving lives in economically distressed areas of the Deep South by providing general operating support
2020
$1.5M
General support and core support for institutional strengthening
2020
$1M
General Support
2020
$870K
76045 General operating support for Hope Enterpris
2020
$870K
76045 General operating support for Hope Enterpris
2020
$500K
COVID-19 RECOVERY
2020
$400K
FOR GENERAL OPERATING SUPPORT AND FOR PROVIDING ACCESS TO CAPITAL AND RELATED SERVICES IN ORDER TO BUILD GENERATIONAL WEALTH FOR PEOPLE WHO HAVE BEEN SYSTEMICALLY EXCLUDED FROM THESE ECONOMIC OPPORTUNITIES IN THE PAST
2020
$350K
GENERAL OPERATING SUPPORT AND COVID-19 RESPONSE
2020
$328K
make access to fresh, healthy and affordable food in COVID-19 impacted and divested communities of Sunflower County possible through a pilot fresh food delivery program
2020
$257K
GENERAL SUPPORT
2020
$200K
TO SUPPORT TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS WITH THE GOAL OF CONTINUOUSLY IMPROVING OUTCOMES FOR SMALL BUSINESS OWNERS
2020
$150K
PROJECT SUPPORT
2020
$150K
CAPACITY BUILDING
2020
$150K
GENERAL OPERATING SUPPORT
2020
$100K
PROVIDE GENERAL OPERATING SUPPORT
2020
$75K
General Operating
2020
$32K
GENERAL OPERATING SUPPORT
2020
$15K
Assistance to combat predatory lending
2020
$10K
GENERAL OPERATING SUPPORT AND COVID-19 RESPONSE
2020
$7K
For grant recipient's exempt purposes
2020
$1K
MATCHING GIFTS
2020
$10M
GENERAL OPERATING SUPPORT
2019
$1.8M
increase investment in low-income communities by advancing authentic community engagement, rigorous data and policy analysis, strategic communications and robust partnerships
2019
$252K
UNRESTRICTED SUPPORT OF THE ORGANIZATION'S TAX EXEMPT PURPOSE
2019
$250K
make access to fresh, healthy and affordable food in COVID-19 impacted and divested communities of Sunflower County possible through a pilot fresh food delivery program
2019
$102K
CAPACITY BUILDING
2019
$75K
COMMUNITY & HUMAN SERVICES
2019
$25K
FOR GENERAL OPERATING SUPPORT.
2019
$20K
OPERATIONAL SUPPORT
2019
$100K
2018 PLEDGE
2018
$100K
TO HELP WITH THE ORGANIZATION'S MISSION.
2018
$52K
CAPACITY BUILDING
2018
$50K
DS: EXTENDING HOPES SERVICES TO GREATER BIRMINGHAM FAMILIES AND COMMUNITIES
2018
$20K
GENERAL FUND
2018
$5K
GENERAL OPER SUPPORT
2018
$1M
enable the organization to achieve its mission of strengthening communities and improving lives in economically distressed areas of the Mid South through access to quality financial products/services by providing general operating support
2017
$625K
EXPENDABLE GRANTS
2017
$500K
increase investment in low-income communities by advancing authentic community engagement, rigorous data and policy analysis, strategic communications and robust partnerships
2017
$150K
US POVERTY AND MOBILITY ANALYSIS
2017
$5K
GENERAL OPER SUPPORT
2017

Funded by

$90.1M from 41 funders · 102 grants · 2017–2024

The Chicago Community Trust

$38.2M · 3 grants · 2019–2023

Silicon Valley Community Foundation

$14.6M · 4 grants · 2020–2024

WK Kellogg Foundation

$7.4M · 11 grants · 2017–2023

The Ford Foundation

$4.9M · 5 grants · 2020–2023

The Goldman Sachs Foundation

$4.7M · 2 grants · 2020–2023

Neighborhood Reinvestment Corporation

$4.6M · 7 grants · 2017–2023

Federation Of Appalachian Housing

$2.6M · 5 grants · 2018–2023

Enterprise Community Partners Inc

$2.3M · 4 grants · 2018–2024

Details

EIN640851798
NTEE codeS20
Subsection03
Ruling date1994-10
Formed1993
Employees62
Volunteers21
HOPE ENTERPRISE CORPORATION — Mission, Financials & Grants Received | Grantivo