Public Charity

HOPE Initiatives CDC Inc

Based in Rochester, NY, HOPE Initiatives CDC Inc operates as a Public Charity. The organization reported $1.0M in revenue, $1.2M in expenses, $337K in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $235K.

EIN: 030374933 Rochester, NY Educational Services NTEE: B90 Latest filing: 2025
Total Revenue$1.0M
Total Expenses$1.2M
Total Assets$337K
Grant Records8
Funding Total$235K
Filing Years2021–2025

Mission

None

Where $100 goes at HOPE Initiatives CDC Inc

How HOPE Initiatives CDC Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$18 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $82 for programs

$74
Hope initiatives warehouse provides clients of the monroe county department of social services and of other local agencies with emergency furniture and household items, and moving and storage…
91% of program spending · Reported in the filing: 1,600 families
$8
The hope works program was established in 2022
9% of program spending · Reported in the filing: 100 individuals
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary Arnis Sprancmanic
Finance Director David Dey
Chairperson Eric Nagle
Director at Large Jeremy Bielawski
Treasurer Michael Olson
Director at Large Michael Shipman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$209,905 5 grants
Unspecified
$25,561 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.0M $1.2M $337K
2024 $1.1M $1.1M $480K
2023 $1.1M $1.1M $559K
2022 $916K $1.1M $542K
2021 $915K $936K $803K

Between 2021 and 2025, reported annual revenue grew from $915K to $1.0M (+10%), with total assets most recently reported at $337K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HOPE Initiatives CDC Inc

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