Cause IQ organization profile

Hope Enterprise Corporation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Hope Enterprise Corporation is a urban development organization based in Jackson, MS that was founded in 1993. As of 2019 they had $16 million in revenue and $61 million in assets.

HOPE Enterprise Corporation, a private, nonprofit community development financial institution (CDFI), provides commercial financing, mortgage loans and technical assistance.

Previous legal names or variations of their name include: Enterprise Corporation Of The Delta.

EIN:
64-0851798
City:
State:
Website:
Phone:
(601) 944-1100
Facebook:
Twitter:
Founded:
1993
Type:
501(c)(3)
NTEE:
Revenue:
$16,174,799
Assets:
$61,030,857
Employees:
276
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Hope Enterprise Corporation

Development finance specializes in loans to small to medium sized manufacturing and service businesses.

Housing initiative provides finance for affordable housing to families.

Technical assistance to small and medium sized manufacturing and service businesses in the area of managment consulting in the areas of improvements of processes and systems.

Form 990s for Hope Enterprise Corporation

Fiscal year endingDate received by IRSFormPDF link
2018-12Oct 21, 2019990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Mar 2, 2017990View PDF
2014-12Jan 29, 2016990View PDF
...and five more Form 990 PDFs

Financials for Hope Enterprise Corporation

Field2018
Total grants, contributions, etc.$13,239,558
Program services$2,325,702
Investment income and dividends$527,945
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,356
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$83,950
Total revenues$16,174,799

Vendors for Hope Enterprise Corporation

VendorServicesAmount paidDate
Cliftonlarsonallen LLPAudit accounting2020-04-17
█████████Content management system software2020-04-01
███████ ████████ ████ █████████ ███████Insurance2019-12-31
████ █████ ████ ██████ ██ ███ ████Insurance2019-12-31
██████████ ████ █████████ ███████Insurance2019-12-31
████ ███ ██████Insurance agent or broker$3,4802019-12-31
████████ █████Insurance agent or broker$37,0302019-12-31
████ █████ ███ ██████ ███Tax accounting; Audit accounting; Accounting$163,0002019-08-08
...and three more vendors

Personnel at Hope Enterprise Corporation

NameTitleCompensationMost recent data
William J. Bill BynumChief Executive Officer$390,254Oct. 2, 2020
Pearl WicksExecutive Vice President, Chief Operating Officer-Oct. 2, 2020
████ ██ ███████Executive Vice President, Chief Financial Officer$190,249Oct. 2, 2020
██ █████Executive Vice President, Chief Policy and Communications Officer$146,337Oct. 2, 2020
█████████ ████████Senior Vice President, Community and Economic Development-Oct. 2, 2020
███ ███████Senior Vice President, Information Technology-Oct. 2, 2020
███████ ████████████Senior Vice President, Data Analytics-Oct. 2, 2020
█████ █████████Senior Vice President, Policy and Advocacy-Oct. 2, 2020
███████ █████Senior Vice President, Retail Operations-Oct. 2, 2020
████ ████████Senior Vice President, Commercial Operations-Oct. 2, 2020
...and eight more key personnel

Peer urban development organizations

 NameTypeRevenueLocation
1Renaissance Community Loan Fund501(c)(3)$4.7 millionGulfport, MS
2Bridgeway Capital501(c)(3)$10 millionPittsburgh, PA
3Carolina Small Business Development Fund501(c)(3)$8.9 millionRaleigh, NC
4Access To Capital for Entrepreneurs501(c)(3)$4.6 millionCleveland, GA
5Metropolitan Economic Development Association501(c)(3)$7.3 millionMinneapolis, MN
6Three Rivers Planning & Development District501(c)(3)$21 millionPontotoc, MS
7Community Loan Fund of New Jersey501(c)(3)$13 millionNew Brunswick, NJ
8Tunisian American Enterprise Fund (TAEF)501(c)(3)$8.9 millionWashington, DC
9Grow America Fund501(c)(3)$5.2 millionNew York, NY
10Virginia Community Capital501(c)(3)$8.0 millionChristiansburg, VA
11Accion East501(c)(3)$7.1 millionNew York, NY
12Pathway Lending501(c)(3)$14 millionNashville, TN
13Northeast Mississippi Planning and Development District (NEMPDD)501(c)(3)$6.7 millionBooneville, MS
14Root Capital501(c)(3)$22 millionCambridge, MA
15Main Street Launch501(c)(3)$7.4 millionOakland, CA
16Montana Community Development Corporation501(c)(3)$9.6 millionMissoula, MT
17Leviticus 2523 Alternative Fund501(c)(3)$4.7 millionTarrytown, NY
18First Nations Oweesta Corporation501(c)(3)$8.3 millionLongmont, CO
19TruFund Financial services501(c)(3)$5.0 millionNew York, NY
20Launch Tennessee501(c)(3)$6.6 millionNashville, TN
21Coastal Enterprises (CEI)501(c)(3)$9.4 millionBrunswick, ME
22Mission Economic Development Agency (MEDA)501(c)(3)$12 millionSan Francisco, CA
23Uptown Reinvestment Corporation501(c)(3)$13 millionFlint, MI
24Invest Detroit501(c)(3)$21 millionDetroit, MI
25Neighborworks Capital Corporation501(c)(3)$7.7 millionSilver Spring, MD