Hopes Community Action Partnership Incorporated

Organization Overview

Hopes Community Action Partnership Incorporated is located in Hoboken, NJ. The organization was established in 1967. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2022, Hopes Community Action Partnership Incorporated employed 390 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes Community Action Partnership Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2022, Hopes Community Action Partnership Incorporated generated $24.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $22.8m during the year ending 03/2022. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE COMMUNITY SERVCIES THAT RESPOND TO THE SOCIAL,EDUCATIONAL AND TRAINING NEEDS OF INDIVIDUALS IN AN EFFORT TO OVERCOME BARRIERS AND

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED EARLY CHILDHOOD EDUCATION SERVICES TO APPROXIMATELY 1,300 CHILDREN UDNER THE FEDERAL HEAD START AND ABBOTT PRESCHOOL AND UNIVERSAL PRE-K PROGRAMS.


PROVIDED SERIVICES BENEFITING APPROXIMATELY 3,200 INCOME ELIGIBLE RESIDENTS IN THE CITIES OF HOBOKEN, PLAINFIELD AND SOMERSET NEW JERSEY.


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Board, Officers & Key Employees

Name (title)Compensation
Simona Ovanezian
President CEO
$208,223
Yvrose Augustin
Vice President CFO
$183,938
Joselyn Estevez
Dir Of Child And Family Programs
$168,799
Frank Raia
Board Chair
$0
Dr Sara Kalambur
Board Vice Chair
$0
Suzanne Hetman
Board Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ora Welch
Senior Consulting Services
$100,000
Jessica Palencia
Consulting Services
$125,779
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $22,746,770
All other contributions, gifts, grants, and similar amounts not included above$777,407
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$23,524,177
Total Program Service Revenue$484,237
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $187,642
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,208,629

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Hopes Community Action Partnership Incorporated has recieved totaling $16,528.

Awarding OrganizationAmount
The Albertsons Companies Foundation

Pleasanton, CA

PURPOSE: HUNGER

$10,000
United Way Of Northern New Jersey Inc

Cedar Knolls, NJ

PURPOSE: FUNDED PARTNER DISTRIBUTION

$6,341
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$187
View Grant Recipient Profile

Endowment Analysis

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