Hope Builders Inc
- Assets
- $12.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Buzzards Bay, MA
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-3182703
Organization Overview
Hope Builders Inc is located in Buzzards Bay, MA. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Hope Builders Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Builders Inc 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 12/2022, Hope Builders Inc generated $12.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.6%) each year. All expenses for the organization totaled $62.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR STAFF AND VOLUNTEERS HAVE PARTNERED WITH LOCAL NONPROFIT ORGANIZATIONS, CHURCHES, LOCAL, STATE AND FEDERAL AGENCIES, TO IDENTIFY AT-RISK FAMILIES IN GREAT NEED OF ASSISTANCE. HOPE BUILDERS IS NOT ONLY REPAIRING AND BUILDING HOMES, BUT HAS BEEN HELPING THE COMMUNITY NAVIGATE THROUGH FEMA REGISTRATION AND APPEALS, WHICH IS OFTEN A CONFUSING, UNCLEAR AND TIME-CONSUMING PROCESS, REMOVE THE UNCERTAINTY SURROUNDING THE APPLICATION AND COMPENSATION PROCESS, COUPLED WITH THE CHALLENGES THAT DISASTER-IMPACTED CITIZENS HAVE IN PROCURING THE NECESSARY DOCUMENTATION, REDUCES THE POOL OF APPLICANTS WHO APPLY AND FOLLOW THROUGH. HOPE BUILDERS PRIMARY PROGRAMS WILL BE TO REPAIR EXISTING HOMES, BUILD NEW RESILIENT HOMES, CREATE A WORK FORCE DEVELOPMENT PROGRAM, AND DEVELOP A HOUSING ADVOCACY STRATEGY AND OTHER NEEDS OF THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Michaud President | 15 | $599 | |
Mary Terry Secretary | 2 | $0 | |
Laura Reynolds Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,610 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,610 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $599 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $3,145 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $57,205 |
| Total expenses | $62,067 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,132 |
| Other assets | $0 |
| Total assets | $12,229 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,229 |