Program areas at 1231-1235 Good Hope Road
1231-1235 Good Hope Road, Inc. (the corporation) acquired said property for the purpose of creating a hub for inclusive entrepreneurship, leveraging multiple sources of capital, including the new markets tax credits (nmtc) program, to design, construct, and equip, operate and maintain commercial, office, and retail space in the ward 8 community of Washington, d.c. by seeking qualification as a "qualified active low-income community business" under section 45d of the code. The corporation intends to carry on the construction, development, and equipping of the project.
Who funds 1231-1235 Good Hope Road
Grants from foundations and other nonprofits
Personnel at 1231-1235 Good Hope Road
| Name | Title | Compensation | Date of data |
|---|
| Dawnn Leary | Board Chair | $0 | 2023-05-11 |
| Kevin Fryatt Director | Cfoo of Wacif | $0 | 2022-12-31 |
Financials for 1231-1235 Good Hope Road
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $3,755,989 | $188,200 | 1895.7% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $2,195 | $0 | 999% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,758,184 | $188,200 | 1896.9% |
Organizations like 1231-1235 Good Hope Road
| Organization | Type | Location | Revenue |
|---|
| 698 South Main Street | 501(c)(3) | Waterbury, CT | $2,593,156 |
| Building 77 Qalicb | 501(c)(3) | Brooklyn, NY | $15,225,749 |
| Jamaica Plain Neighborhood Development Corporation | 501(c)(3) | Jamaica Plain, MA | $3,558,118 |
| Carter Street Corporation | 501(c)(3) | Chattanooga, TN | $10,617,267 |
| RDC Commercial Center | 501(c)(3) | Brooklyn, NY | $4,006,406 |
| Progress Trust | 501(c)(3) | Philadelphia, PA | $961,086 |
| Civic New Markets Support Corporation I | 501(c)(3) | New York, NY | $1,419,798 |
| College Hill Community Urban Redevelopment Corporation (CHCURC) | 501(c)(3) | Cincinnati, OH | $2,036,754 |
| Cornerstone Public Asset Fund | 501(c)(3) | Benton Harbor, MI | $7,094,932 |
| Conncorp LLC | 501(c)(3) | New Haven, CT | $7,168,100 |
Data update history
July 17, 2024
Used new vendors
Identified 1 new vendor, including
August 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsReal estate organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
National levelTax deductible donationsNo full-time employees
General information
- Address
- 2012 Rhode Island Ave Ne
- Washington, DC 20018
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- County
- District of Columbia, DC
- Phone
- (202) 529-5505
IRS details
- EIN
- 87-3806971
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2021
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 5313: Real Estate Services
- Parent/child status
- Subordinate organization
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