AI Summary
Hope Development Corporation Inc is a nonprofit organization focused on supporting new and expanding businesses in the City of Hope, ND, through various forms of assistance, including loans, incubator facilities, rental subsidies, and real estate tax abatements. With an operating budget of $163,000 and total revenue of $251.5K for the 2024 filing year, the organization plays a vital role in fostering economic development in the region. It does not rely on a single funder for 50% or more of its revenue.
Mission Statement
To provide assistance to new and/or expanding businesses and industries in and around the City of Hope, ND. Assistance could take the form of loans, incubator facilities, rental subsidies or real estate tax abatements.
Cause Areas
1
Real estate
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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Hope Development Corporation Inc’s budget?
In 2024, Hope Development Corporation Inc reported an annual operating budget of around $163 thousand. More detailed financial information is available to registered users.
What causes does Hope Development Corporation Inc support?
Hope Development Corporation Inc supports work in Real estate.
Where does Hope Development Corporation Inc operate?
Hope Development Corporation Inc is headquartered in Hope, ND.