THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROMOTE COMMUNITY DEVELOPMENT BY DIRECTING ITS ACTIVITIES TOWARD IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS OF UNDERSERVED PEOPLE, INCLUDING RESIDENTS OF ECONOMICALLY DISTRESSED COMMUNITIES, LOW-INCOME PERSONS AND OTHER UNDERSERVED PERSONS WHO LACK ADEQUATE ACCESS TO CAPITAL AND FINANCIAL SERVICES.
Reported officers (all unpaid)
No paid executives reported in 2024. NEW HOPE COMMUNITY CAPITAL INC reported 8 unpaid officers and board members on its 990.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Revenue and expenses over time
NEW HOPE COMMUNITY CAPITAL INC reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in Massachusetts
NEW HOPE COMMUNITY CAPITAL INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Massachusetts earns a median of $53,685.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 338 organizations across 338 filings (2021 – 2024).
See full Housing & Shelter pay data for Massachusetts →Common questions about NEW HOPE COMMUNITY CAPITAL INC
What are NEW HOPE COMMUNITY CAPITAL INC's revenue and expenses?
In 2024, NEW HOPE COMMUNITY CAPITAL INC reported $38.9M in total revenue and $38.2M in total expenses on its IRS Form 990.
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