EIN 54-1997025

Urban Hope

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2000
Most recent tax filings
2022-12-01
Description
Urban Hope partners with families seeking affordable rental housing and/or home ownership. Its program accomplishments for 2022 include providing 31 units of rental housing to over 86 tenants, ensuring stable, safe, affordable housing and achieving a 99% tenant stability rate.
Total revenues
$1,545,757
2022
Total expenses
$911,201
2022
Total assets
$4,846,547
2022
Num. employees
5
2022

Program areas at Urban Hope

Highlights of Urban Hope's program accomplishments for 2022: By the end of 2022, Urban Hope provided 31 units of rental housing, with over 86 tenants living in stable, safe, affordable housing. With tremendous community support, 99% of our tenants stably and safely housed throughout the last year. Several of our clients moved from unstable circumstances and escaped displacement by transitioning into our rentals. Urban Hope completed its second mortgage refinancing of a multi- family property, completed construction on its first four-bedroom single-family home, purchased an abandoned church building with a vision to renovate into Urban Hope's headquarters and four affordable rental units. Urban Hope maintained partnership with 48 private lenders, which supported the purchase and renovation of properties. Urban Hope launched two pilot homeownership programs (Lease to Own and Opportunity House). Urban Hope launched a pilot financial cohort program, successfully graduating nine members and matching their savings 5:1. We continued offering financial health to the public as well. Despite difficult health problems and job loss, our clients and tenants demonstrated great resilience and reliance on one another to continue pursuing their financial goals. UH helped many tenants secure rental relief for their pandemic hardships. Urban Hope made great strides towards our mission of making home a cornerstone of opportunity by keeping it affordable.

Who funds Urban Hope

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community FoundationEconomic Prosperity$234,700
National Christian Foundation / Natl Christian Charitable FDN IncPoverty$170,500
The William H - John G - Emma Scott FoundationSupport Work for Affordable Housing$100,000
...and 14 more grants received

Personnel at Urban Hope

NameTitleCompensation
Sarah HaleExecutive Director$86,400
Lawson WijesooriyaDirector of Development$0
Carolyn LoftinDirector of Programs
Shanelle JohnsonConstruction Project Manager
Dontrese BrownChair$0
...and 7 more key personnel

Financials for Urban Hope

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,311,343
Program services$234,349
Investment income and dividends$65
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,545,757

Form 990s for Urban Hope

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-12990View PDF
2022-122023-05-01990View PDF
2021-122022-05-11990View PDF
2020-122021-05-24990View PDF
2019-122020-10-21990View PDF
...and 5 more Form 990s
Data update history
October 26, 2023
Updated personnel
Identified 4 new personnel
October 25, 2023
Received grants
Identified 11 new grant, including a grant for $233,600 from The Community Foundation
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Tax deductible donations
General information
Address
PO Box 23171
Richmond, VA 23223
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
urbanhoperva.org/ 
Phone
(804) 396-2198
IRS details
EIN
54-1997025
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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