Mount Hope Housing Co Inc

Organization Overview

Mount Hope Housing Co Inc is located in Bronx, NY. The organization was established in 1988. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Hope Housing Co 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 12/2021, Mount Hope Housing Co Inc generated $122.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $169.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO REVITALIZE THE COMMUNITIES SERVED BY PROVIDING SAFE, DECENT AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, YOUTH, HUMAN AND EDUCATIONAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY DEVELOPMENT PROJECTS AND SERVICES THAT INCLUDE OPERATION, REHABILITATION AND MANAGEMENT OF RESIDENTIAL LOW INOCME AND AFFORDABLE HOUSING. THE ORGANIZATION ALSO OFFERS A ROBUST ARRAY OF SOCIAL SERVICES TO HELP ITS RESIDENTS GAIN ACCESS TO NEW OPPORTUNITIES AND OPEN DOORS AND AVENUES FOR ITS CONSTITUENTS TO MOVE UP THE ECONOMIC LADDER AND FACILITATE INDIVIDUAL SUCCESS AND ACHIEVEMENT.


YOUTH SERVICES - MOUNT HOPE OFFERS HIGH SCHOOL EQUIVALENCY DIPLOMA THE PROGRAM IS OFFERED IN COLLABORATION WITH THE PATHWAYS TO GRADUATION PROGRAM, A DIVISION OF THE NYC DEPARTMENT OF EDUCATION (DOE), WE OFFER OLDER ADOLESCENTS THAT HAVE DROPPED OUT OF HIGH SCHOOL A SECOND CHANCE TO GET THEIR LIVES BACK ON TRACK. IN ADDITION, TO THIS MOUNT HOPE OFFERS AFTER SCHOOL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Fritz G Jean ESQ
President & CEO
$76,154
Kieve Graham
Treasurer
$0
Dr Bola Omotosho
Chairman
$0
Esther Fonseca
Vice President
$0
Wilbert Lawton
Director
$0
Veronica Khani
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$18,498
Investment income $104,163
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $122,661

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mount Hope Housing Co Inc has recieved totaling $4,875.

Awarding OrganizationAmount
The New Yankee Stadium Community Benefits Fund Inc

Bronx, NY

PURPOSE: FUNDING FOR THE ORGANIZATION'S PURPOSE

$4,875
View Grant Recipient Profile

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