Program areas at Hope Enterprise Corporation
Regional development of systems and organizations to improve housing, communications, workforce training, general business development and access to capital.
Technical assistance to small and medium sized manufacturing and service businesses in the area of management consulting and in the areas of improvements of processes and systems.
Development finance specializes in loans to small to medium sized manufacturing and service businesses.
Housing initiative provides finance for affordable housing to families.
Who funds Hope Enterprise Corporation
Grants from foundations and other nonprofits
Personnel at Hope Enterprise Corporation
| Name | Title | Compensation | Date of data |
|---|
| William Bynum | President and Chief Executive Officer and Director | $396,471 | 2022-12-31 |
| Pearl Wicks | Executive Vice President and Chief Operating Officer / Executive Vice President , Chief Operating Officer / Chief Operating Officer and Executive Vice President / Senior Vice President , Retail Operations | $2,043 | 2022-12-31 |
| Alan Branson | Chief Financial Officer | $112,685 | 2023-11-14 |
| Cassandra Williams | Executive Vice President and Chief Program Officer / Executive Vice President Chief Program Officer / Senior Vice President , Community and Economic Development / Senior Vice President Community and Economic Development | $26,900 | 2022-12-31 |
| Kathy Saloy | Senior Vice President Community Economic Development | $119,322 | 2021-12-31 |
| ...and 9 more key personnel |
Financials for Hope Enterprise Corporation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $12,778,063 | $15,416,499 | -17.1% |
| Program services | $3,753,179 | $9,495,555 | -60.5% |
| Investment income and dividends | $20,656 | $74,478 | -72.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-11,139 | $-27,426 | 59.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $-87,881 | $0 | -999% |
| Total revenues | $16,452,878 | $24,959,106 | -34.1% |
Organizations like Hope Enterprise Corporation
| Organization | Type | Location | Revenue |
|---|
| Enterprise Community Loan Fund (ECLF) | 501(c)(3) | Columbia, MD | $35,729,584 |
| Coastal Enterprises (CEI) | 501(c)(3) | Brunswick, ME | $13,614,519 |
| Community Reinvestment Fund (CRF) | 501(c)(3) | Minneapolis, MN | $55,474,462 |
| Rural Community Assistance Corporation (RCAC) | 501(c)(3) | West Sacramento, CA | $39,665,671 |
| Century Housing Corporation | 501(c)(3) | Culver City, CA | $37,466,757 |
| Roc USA LLC | 501(c)(3) | Concord, NH | $21,389,105 |
| The Reinvestment Fund (TRF) | 501(c)(3) | Philadelphia, PA | $54,478,225 |
| Jubilee Housing | 501(c)(3) | Washington, DC | $12,840,901 |
| Iff | 501(c)(3) | Chicago, IL | $64,193,835 |
| Accion Opportunity Fund Community Development | 501(c)(3) | San Jose, CA | $50,501,448 |
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 3 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Political advocacyLobbyingNational levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 4 Old River Pl A
- Jackson, MS 39202
- Metro area
- Jackson, MS
- County
- Hinds County, MS
- Website URL
- hopecu.org/Â
- Phone
- (601) 944-1100
- Facebook page
- HopeEnterpriseCorporationÂ
- Twitter profile
- @hope_enterpriseÂ
IRS details
- EIN
- 64-0851798
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1993
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L00: Housing, Shelter: General
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
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