Cape Hope
- Assets
- $37.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Cape May, NJ
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-1807234
Organization Overview
Cape Hope is located in North Cape May, NJ. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Hope 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 12/2022, Cape Hope generated $60.1k 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 (16.1%) each year. All expenses for the organization totaled $99.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
HELPING VARIOUS GROUPS OF HOMELESS INDIVIDUALS FROM NEW RELEASE INCARCERATED TO SINGLE PREGNANT MOMS AND VARIOUS OTHER INDIVDUALS OBTAINS ASSISTANCE THROUGH TEMPORARY HOUSING AND SUPPORT SERVICES INCLUDING MENTORING AND SPIRITUAL SO THAT THEY MAY EVENTUALY CONTINUE TO GROW FIND EMPLOYMENT AND BECOME SELF SUFFIENT MEMBERS OF SOCIETY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chaplain Denise Venturini South President CEO | 40 | $0 | |
Christopher South Secretary | 25 | $0 | |
Claudia Kammer Treasurer | 20 | $0 | |
Barbara Allison Committee Chair | 25 | $0 | |
Alexander Bland Committee Chair | 10 | $0 | |
Jeff Thomson Committee Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,960 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,824 |
| Other Revenue | $335 |
| Total Revenue | $60,124 |
| 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 | $30,442 |
| Occupancy, rent, utilities, and maintenance | $12,742 |
| Printing, publications, postage, and shipping | $2,074 |
| Other expenses | $6,220 |
| Total expenses | $99,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,890 |
| Other assets | $0 |
| Total assets | $37,890 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,890 |