Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Hope Village Revitalization is a community-led nonprofit organization focused on improving the Hope Village neighborhood in Detroit by addressing disparities in wealth, health, privilege, and educational resources. With an operating budget of $678.2K and total revenue of $1.2M for the 2024 filing year, the organization aims to be a model of excellence in equitable and sustainable development. It does not rely on a single funder for 50% or more of its revenue, ensuring diverse support for its initiatives. For more information, visit www.hopevillagecdc.org.

Mission Statement

PART I-LINE 1 HOPE VILLAGE REVITALIZATION IS A COMMUNITY-LED, COMMUNITY DRIVEN ORGANIZATION WHOSE MISSION IS TO MOVE THE HOPE VILLAGE NEIGHBORHOOD FORWARD IN A WAY THAT MITIGATES DISPARITIES IN WEALTH, HEALTH, PRIVILEGE AND EDUCATIONAL RESOURCES. WE PLEDGE TO COLLABORATE AND BE PART OF COLLECTIVE WORKING TOWARD EQUITABLE AND SUSTAINABLE DEVELOPMENT IN DETROIT, AND TO BE KNOWN AS A MODEL OF EXCELLENCE, INTEGRITY AND COMMUNITY DECISION MAKING.
Revenues
$1.2M
Expenses
$678.2K
Net Income:
+$498.5K
Assets
$1.1M
Liabilities
$42.2K
Net Assets:
+$1.1M
Operating Budget
$678.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$45.4K
Largest grant received
$176.1K
S
Stephanie Johnson-Cobb
Board Member
L
Linda Kent Buchanan
Board Member
G
Gregory Jackson
Board Member

Frequently Asked Questions

What is HOPE VILLAGE REVITALIZATION’s budget?
In 2024, HOPE VILLAGE REVITALIZATION reported an annual operating budget of around $678 thousand. More detailed financial information is available to registered users.
What causes does HOPE VILLAGE REVITALIZATION support?
HOPE VILLAGE REVITALIZATION supports work in Community improvement.
Where does HOPE VILLAGE REVITALIZATION operate?
HOPE VILLAGE REVITALIZATION is headquartered in Detroit, MI.
Who funded HOPE VILLAGE REVITALIZATION recently?
In 2024, HOPE VILLAGE REVITALIZATION received grants from ENTERPRISE COMMUNITY PARTNERS INC, THE KRESGE FOUNDATION, and UNITED WAY FOR SOUTHEASTERN MICHIGAN. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE VILLAGE REVITALIZATION received in 2024?
The largest grant to HOPE VILLAGE REVITALIZATION in 2024 exceeds $176 thousand.
What is HOPE VILLAGE REVITALIZATION’s reliance on government grants?
HOPE VILLAGE REVITALIZATION relied on government grants for more than 5% of their total revenue in 2024.