H O P E INC FY2023 filing
Provides affordable housing for families with limited incomes. For fiscal year 2023 it reported $255K in revenue, $214K in expenses, and $2.2M in net assets.Pt I
- Founded
- 1989
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- New London, CT
- Website
- www.hopenewlondon.org
- Filings
- 6 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Reynard Program
Rent-to-Own Program
Low-Income Rentals
Hope Houses
new construction or rehabilitated homes for sale to low-income families.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Stacey Smith | $80,250 | $80,250 | $49,625 | — | — | — |
| Marilyn M Graham | — | — | — | $80,250 | $77,250 | — |
| Marilyn M Graham | — | — | — | — | — | $80,250 |
| Marilyn Graham | — | — | $38,625 | — | — | — |
| Michelle a Drayton | — | — | — | — | — | $555 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 66% | — | — |
| Overhead ratio | 29% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | ×27 | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 4% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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