NonprofitsHope Renovations

Employment

Hope Renovations

CHAPEL HILL, NC

Total revenue

$1.8M

Total expenses

$1.5M

Net assets

$867K

Grants received

$1.9M

50 grants

EIN

823675207

Tax year

2023

Mission

Hope Renovations inspires hope in women and seniors for a joyful and fulfilling future through empowering women to pursue living-wage jobs in the construction trades via our hands-on training program and by providing repairs and renovations enabling older adults to stay in their home as they age. Our training program serves unemployed and underemployed women helping them gain the skills they need to work in the construction trades and connecting them to employers. This work breaks down a significant gender barrier in the industry while helping women build confidence and pursue careers allowing them to support themselves and their families. Our construction program carries out repairs renovations remodels modifications and other projects with a primary focus on older adults and adults with disabilities who wish to age in place. The program provides a valuable on-the-job learning experience to our trainee giving them hands-on experience alongside our crew.

Programs

1 program

Our training program serves unemployed and underemployed women helping them gain the skills they need to work in the construction trades and connecting them to employers.

Expenses: $510K

Financials

FY 2023

Revenue

Contributions & grants$1.5M
Program service revenue$276K
Investment income$469
Other revenue$13K
Total revenue$1.8M

Expenses

Grants paid
Salaries & benefits$972K
Fundraising$100K
Other expenses$527K
Total expenses$1.5M
Total assets$1.1M
Net assets$867K

People

9 listed

NameRoleCompensation

Nora E Spencer

CEO

Board

$102K

60 hrs/wk

Leah Adeniji

Director

Board

0

Claire Coffey

Director

Board

0

Cindy Covington

Director

Board

0

Brandi Gerew

Treasurer

Board

0

Jennifer Hoffman

Director

Board

0

Carrie Norry

Board Chair

Board

0

Maryah SmithOverman

Secretary

Board

0

Patricia Sprigg

Director

Board

0

Grants received

Showing 50 of 50

FromAmountPurposeYear
$600K
Given grants for mission
2024
$75K
CAPACITY BUILDING
2024
$35K
HOME RENOVATIONS FOR SENIORS
2024
$10K
GENERAL SUPPORT
2024
$6K
COMMUNITY OUTREACH TO WOMEN
2024
$40K
HOME RENOVATIONS FOR SENIORS
2023
$25K
CNN HEROES PROGRAM - TO SUPPORT GENDER EQUITY IN THE CONSTRUCTION INDUSTRY
2023
$25K
Skilled Trades
2023
$22K
For grant recipient's exempt purposes
2023
$20K
GENERAL SUPPORT
2023
$10K
CHARITABLE DONATION
2023
$5K
TRAINING WOMEN IN TRADES SKILLS
2023
$50K
GENERAL OPERATING
2022
$48K
JWPM 2023 GRANT IN HUMAN SERVICES, RESTRICTED - UPFITS TO TRAINING SPACE
2022
$39K
GENERAL SUPPORT
2022
$29K
WOMEN IN TRADES TRAINING PROGRAM
2022
$25K
HOME RENOVATIONS FOR SENIORS
2022
$23K
For grant recipient's exempt purposes
2022
$20K
WOMEN'S TRADES TRAINING PROGRAM - SPANISH PILOT
2022
$10K
GENERAL SUPPORT
2022
$10K
TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION
2022
$10K
GENERAL
2022
$5K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2022
$3K
GENERAL & UNRESTRICTED
2022
$25K
WOMEN IN TRADES TRAINING PROGRAM
2021
$20K
HOME RENOVATIONS FOR SENIORS
2021
$16K
For grant recipient's exempt purposes
2021
$16K
For grant recipient's exempt purposes
2021
$10K
TO CARRY OUT THE GENERAL TAX EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION
2021
$9K
GENERAL SUPPORT
2021
$6K
COMMUNITY OUTREACH TO WOMEN
2021
$51K
For grant recipient's exempt purposes
2020
$20K
HOME RENOVATIONS FOR SENIORS.
2020
$5K
GENERAL PURPOSE
2020
$5K
WORKFORCE DEVELOPMENT
2020
$4K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2020
$15K
HOME RENOVATIONS FOR SENIORS.
2019

Funded by

$1.9M from 26 funders · 50 grants · 2019–2024

Lowes Foundation

$625K · 2 grants · 2023–2024

United Way Of The Greater Triangle Inc

$172K · 3 grants · 2021–2023

The Chapel Hill Residential Retirement

$155K · 6 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$126K · 5 grants · 2020–2023

American Online Giving Foundation Inc

$112K · 3 grants · 2021–2024

Triangle Community Foundation Inc

$80K · 3 grants · 2020–2023

Aj Fletcher Foundation

$75K · 1 grant · 2024

Donor Advised Charitable Giving Inc

$72K · 2 grants · 2022–2023

Details

EIN823675207
NTEE codeJ20
Subsection03
Ruling date2019-02
Formed2017
Employees71
Volunteers100
HOPE RENOVATIONS — Mission, Financials & Grants Received | Grantivo