EIN 54-1997025

Urban Hope

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2000
Most recent tax filings
2020-12-01
Description
The primary focus of Urban Hope is to partner with families who seek affordable rental housing and/or home ownership. Urban Hope oversees the rental and homeownership process from beginning to end. By supporting families through affordable rental hous...
Total revenues
$677,007
2020
Total expenses
$373,876
2020
Total assets
$2,119,532
2020
Num. employees
3
2020

Program areas at Urban Hope

Highlights of Urban Hope's program accomplishments for 2020: By the end of 2020, Urban Hope provided 21 units of rental housing, with over 60 tenants living in stable, safe, affordable housing. Our tenants suffered job losses and loss of loved ones due to COVID-19. With tremendous community support, Urban Hope kept everyone stably and safely housed throughout. Urban Hope completed a renovation of a single-family home, bought a townhouse, and took over management and then ownership of a duplex, adding four units during the year. Urban Hope maintained partnerships with over 30 investors, which supported the purchase and renovation of properties. Urban Hope continued our financial health classes virtually after the pandemic made the in-person classes too risky and doubled the frequency of meetings in order to meet the desires of the class. 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. 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
New Canaan Community FoundationGrant Recommended By Daf$8,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,950
Harry Frank Guggenheim Foundation (HFG)Matching Gift Program$6,000
...and 2 more grants received

Personnel at Urban Hope

NameTitleCompensation
Sarah HaleExecutive Director$65,000
Lawson WijesooriyaDirector of Development$0
Carolyn LoftinDirector of Programs
Shaletta DrawbaughSecretary$0
Caitie Rountree-ChanChair - Vice President$0
...and 5 more key personnel

Financials for Urban Hope

RevenuesFYE 12/2020
Total grants, contributions, etc.$550,563
Program services$126,404
Investment income and dividends$40
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$677,007

Form 990s for Urban Hope

Fiscal year endingDate received by IRSFormPDF link
2020-122021-05-24990View PDF
2019-122020-10-21990View PDF
2018-122020-02-14990View PDF
2017-122019-02-21990EZView PDF
2016-122017-12-29990EZView PDF
...and 2 more Form 990s
Data update history
July 28, 2022
Received grants
Identified 2 new grant, including a grant for $5,000 from KT Family Foundation
July 9, 2022
Updated personnel
Identified 3 new personnel
July 6, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 1, 2022
Used new vendors
Identified 1 new vendor, including
September 22, 2021
Received grants
Identified 2 new grant, including a grant for $8,000 from New Canaan Community Foundation
Nonprofit Types
Housing and shelter organizationsCharities
Issues
HealthMental healthHuman 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
L30: Housing Search Assistance
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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