Hope North Carolina Inc
- Assets
- $144.8k
- Revenue
- $303.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Chapel Hill, NC
- Founding
- 11/2019
- Data as of
- 06/2023
- EIN
- 84-3522239
Organization Overview
Hope North Carolina Inc is located in Chapel Hill, NC. The organization was established in 2019. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Hope North Carolina Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope North Carolina 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 06/2023, Hope North Carolina Inc generated $303.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.2% each year . All expenses for the organization totaled $216.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOPE NORTH CAROLINA'S MISSION IS TO CREATE INCLUSIVE COMMUNITIES WHERE PEOPLE OF ALL ABILITIES AND AGES ENGAGE WITH EACH OTHER. WE ARE WORKING TO BRING TOGETHER STAKEHOLDERS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING WHERE PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND OLDER ADULTS LIVE SIDE-BY-SIDE AS NEIGHBORS WHO EXPERIENCE A SENSE OF BELONGING, WITH A CULTURE OF ACCEPTANCE AND INTERDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE NORTH CAROLINA'S MISSION IS TO CREATE INCLUSIVE COMMUNITIES WHERE PEOPLE OF ALL ABILITIES AND AGES ENGAGE WITH EACH OTHER. WE ARE WORKING TO BRING TOGETHER STAKEHOLDERS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING WHERE PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND OLDER ADULTS LIVE SIDE-BY-SIDE AS NEIGHBORS WHO EXPERIENCE A SENSE OF BELONGING, WITH A CULTURE OF ACCEPTANCE AND INTERDEPENDENCE.
HOPE NORTH CAROLINA'S INCLUSIVE HOUSING SUMMIT IS HELD TO HELP EDUCATE DISABILITY ORGANIZATIONS, ELECTED OFFICIALS, COMMUNITY LEADERS, AND FAMILIES ON THE IMPORTANCE OF INCLUSIVE HOUSING, WHAT MAKES INCLUSIVE HOUSING SUCCESSFUL AND WHY IT IS AN ESSENTIAL RIGHT FOR PEOPLE WITH DISABILITIES TO LIVE FULLY INCLUDED IN THEIR COMMUNITIES. THIS IS PART OF HOPE'S ADVOCACY AND EDUCATION MISSION TO INCREASE OPTIONS FOR INCLUSIVE HOUSING FOR OLDER ADULTS AND ADULTS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginny Dropkin Secretary | OfficerTrustee | 15 | $0 |
Paul Fogleman Board Member | Trustee | 1 | $0 |
Alisa Ginyard Board Member | Trustee | 1.5 | $0 |
Barrett Joyner Board Member | Trustee | 7 | $0 |
Randy Mcneill Treasurer | OfficerTrustee | 4 | $0 |
Collin Mellor Vice Preside | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,084 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,750 |
| Noncash contributions included in lines 1a–1f | $32,302 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $292,834 |
| Total Program Service Revenue | $0 |
| Investment income | $8,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,884 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,746 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,881 |
| All other expenses | $16,162 |
| Total functional expenses | $216,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,858 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $30,158 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,807 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $144,823 |
| Accounts payable and accrued expenses | $925 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $925 |
| Net assets without donor restrictions | $143,898 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $144,823 |