Hope Valley Neighborhood Association is located in Durham, NC. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Valley Neighborhood Association 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 12/2019, Hope Valley Neighborhood Association generated $29.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.3%) each year. All expenses for the organization totaled $31.7k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
RESTORATION OF HISTORICAL GATE ENTRIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Stanger Board Member | 1 | $0 | |
Katy Kalb Board Member | 1 | $0 | |
Betty Mushak Board Member | 1 | $0 | |
Mary Rae Hunter Board Member | 1 | $0 | |
Courtney Alston Board Member | 1 | $0 | |
Courtney Mumford Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,727 |
| Total Program Service Revenue | $500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,850 |
| Total Revenue | $29,077 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,841 |
| Other expenses | $17,250 |
| Total expenses | $31,741 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,839 |
| Other assets | $0 |
| Total assets | $22,839 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,839 |