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Employer Identification Number 64-0851798

HOPE ENTERPRISE CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:HOPE ENTERPRISE CORPORATION
Employer identification number (EIN):64-0851798
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:522190
NAIC Description:Other Depository Credit Intermediation
401k Pension/Benefits registration HOPE ENTERPRISE CORPORATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO STRENGTHEN COMMUNITIES AND IMPROVE LIVES IN ECONOMICALLY DISTRESSED AREAS OF THE MID SOUTH BY PROVIDING ACCESS TO QUALITY FINANCIAL PRODUCTS/SERVICES.
Number of Employees208
Number of Volunteers0
Year Formed1993

Organization Governance

Legal DomicileMS
Voting Members - Governing Body14
Voting Members - Independent13

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 4,322,212
Program Service Revenue from current yearUSD $ 4,717,918
Investment Income from prior yearUSD $ 16,884
Investment Income from current yearUSD $ -4,230
Other Revenue from prior yearUSD $ 424
Other Revenue from current yearUSD $ 737
Gross receipts from all sourcesUSD $ 50,302,000
Net assets / fund balances at end of fiscal yearUSD $ 63,644,767
Net assets / fund balances at beginning of fiscal yearUSD $ 46,965,734
Total liabilities at end of fiscal yearUSD $ 101,902,954
Total liabilities at beginning of fiscal yearUSD $ 75,617,432
Total assets at end of fiscal yearUSD $ 165,547,721
Total assets at beginning of fiscal yearUSD $ 122,583,166
Revenues less expenses for current yearUSD $ 18,586,168
Revenues less expenses for previous yearUSD $ -6,123,262
Total expenses for current yearUSD $ 27,445,916
Total expenses for previous yearUSD $ 25,123,190
Other expenses in current yearUSD $ 19,830,903
Other expenses in previous yearUSD $ 17,986,684
Total fundraising expenses in current yearUSD $ 615,120
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 6,883,489
Employee salary and benefits paid in previous yearUSD $ 5,208,296
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 731,524
Grants and similar amounts paid in previous yearUSD $ 1,928,210
Total revenue in current fiscal yearUSD $ 46,032,084
Total revenue in previous fiscal yearUSD $ 18,999,928
Contributions and grants from current yearUSD $ 41,317,659
Contributions and grants from previous yearUSD $ 14,660,408
Total of other revenueUSD $ 737
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 9,495,555
Program Service Revenue from current yearUSD $ 3,753,179
Investment Income from prior yearUSD $ 47,052
Investment Income from current yearUSD $ 9,517
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ -87,881
Gross receipts from all sourcesUSD $ 20,514,113
Net assets / fund balances at end of fiscal yearUSD $ 52,333,647
Net assets / fund balances at beginning of fiscal yearUSD $ 53,254,467
Total liabilities at end of fiscal yearUSD $ 71,756,890
Total liabilities at beginning of fiscal yearUSD $ 97,094,676
Total assets at end of fiscal yearUSD $ 124,090,537
Total assets at beginning of fiscal yearUSD $ 150,349,143
Revenues less expenses for current yearUSD $ 2,627,854
Revenues less expenses for previous yearUSD $ 844,463
Total expenses for current yearUSD $ 13,825,024
Total expenses for previous yearUSD $ 24,114,643
Other expenses in current yearUSD $ 8,477,600
Other expenses in previous yearUSD $ 12,829,433
Total fundraising expenses in current yearUSD $ 486,313
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,582,026
Employee salary and benefits paid in previous yearUSD $ 5,509,184
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 765,398
Grants and similar amounts paid in previous yearUSD $ 5,776,026
Total revenue in current fiscal yearUSD $ 16,452,878
Total revenue in previous fiscal yearUSD $ 24,959,106
Contributions and grants from current yearUSD $ 12,778,063
Contributions and grants from previous yearUSD $ 15,416,499
Total of other revenueUSD $ -87,881
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 5,631,546
Program Service Revenue from current yearUSD $ 9,495,555
Investment Income from prior yearUSD $ 674,646
Investment Income from current yearUSD $ 47,052
Other Revenue from prior yearUSD $ -558,154
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 30,038,701
Net assets / fund balances at end of fiscal yearUSD $ 53,254,467
Net assets / fund balances at beginning of fiscal yearUSD $ 53,123,262
Total liabilities at end of fiscal yearUSD $ 97,094,676
Total liabilities at beginning of fiscal yearUSD $ 112,948,658
Total assets at end of fiscal yearUSD $ 150,349,143
Total assets at beginning of fiscal yearUSD $ 166,071,920
Revenues less expenses for current yearUSD $ 844,463
Revenues less expenses for previous yearUSD $ 26,903,907
Total expenses for current yearUSD $ 24,114,643
Total expenses for previous yearUSD $ 16,533,531
Other expenses in current yearUSD $ 12,829,433
Other expenses in previous yearUSD $ 11,826,365
Total fundraising expenses in current yearUSD $ 530,966
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,509,184
Employee salary and benefits paid in previous yearUSD $ 4,551,957
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,776,026
Grants and similar amounts paid in previous yearUSD $ 155,209
Total revenue in current fiscal yearUSD $ 24,959,106
Total revenue in previous fiscal yearUSD $ 43,437,438
Contributions and grants from current yearUSD $ 15,416,499
Contributions and grants from previous yearUSD $ 37,689,400
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,566,946
Program Service Revenue from current yearUSD $ 5,631,546
Investment Income from prior yearUSD $ 730,942
Investment Income from current yearUSD $ 674,646
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ -558,154
Gross receipts from all sourcesUSD $ 48,584,038
Net assets / fund balances at end of fiscal yearUSD $ 53,123,262
Net assets / fund balances at beginning of fiscal yearUSD $ 25,465,900
Total liabilities at end of fiscal yearUSD $ 112,948,658
Total liabilities at beginning of fiscal yearUSD $ 29,608,550
Total assets at end of fiscal yearUSD $ 166,071,920
Total assets at beginning of fiscal yearUSD $ 55,074,450
Revenues less expenses for current yearUSD $ 26,903,907
Revenues less expenses for previous yearUSD $ 225,321
Total expenses for current yearUSD $ 16,533,531
Total expenses for previous yearUSD $ 15,819,308
Other expenses in current yearUSD $ 11,826,365
Other expenses in previous yearUSD $ 10,964,921
Total fundraising expenses in current yearUSD $ 422,228
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,551,957
Employee salary and benefits paid in previous yearUSD $ 4,356,479
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 155,209
Grants and similar amounts paid in previous yearUSD $ 497,908
Total revenue in current fiscal yearUSD $ 43,437,438
Total revenue in previous fiscal yearUSD $ 16,044,629
Contributions and grants from current yearUSD $ 37,689,400
Contributions and grants from previous yearUSD $ 11,746,741
Total of other revenueUSD $ -558,154
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,325,702
Program Service Revenue from current yearUSD $ 3,566,946
Investment Income from prior yearUSD $ 525,589
Investment Income from current yearUSD $ 730,942
Other Revenue from prior yearUSD $ 83,950
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 20,343,688
Net assets / fund balances at end of fiscal yearUSD $ 25,465,900
Net assets / fund balances at beginning of fiscal yearUSD $ 32,916,307
Total liabilities at end of fiscal yearUSD $ 29,608,550
Total liabilities at beginning of fiscal yearUSD $ 28,114,550
Total assets at end of fiscal yearUSD $ 55,074,450
Total assets at beginning of fiscal yearUSD $ 61,030,857
Revenues less expenses for current yearUSD $ 225,321
Revenues less expenses for previous yearUSD $ 593,593
Total expenses for current yearUSD $ 15,819,308
Total expenses for previous yearUSD $ 15,581,206
Other expenses in current yearUSD $ 10,964,921
Other expenses in previous yearUSD $ 10,767,568
Total fundraising expenses in current yearUSD $ 609,614
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,356,479
Employee salary and benefits paid in previous yearUSD $ 4,158,588
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 497,908
Grants and similar amounts paid in previous yearUSD $ 655,050
Total revenue in current fiscal yearUSD $ 16,044,629
Total revenue in previous fiscal yearUSD $ 16,174,799
Contributions and grants from current yearUSD $ 11,746,741
Contributions and grants from previous yearUSD $ 13,239,558
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,534,394
Program Service Revenue from current yearUSD $ 2,325,702
Investment Income from prior yearUSD $ 228,366
Investment Income from current yearUSD $ 525,589
Other Revenue from prior yearUSD $ 101,575
Other Revenue from current yearUSD $ 83,950
Gross receipts from all sourcesUSD $ 17,820,932
Net assets / fund balances at end of fiscal yearUSD $ 32,916,307
Net assets / fund balances at beginning of fiscal yearUSD $ 32,433,505
Total liabilities at end of fiscal yearUSD $ 28,114,550
Total liabilities at beginning of fiscal yearUSD $ 24,596,300
Total assets at end of fiscal yearUSD $ 61,030,857
Total assets at beginning of fiscal yearUSD $ 57,029,805
Revenues less expenses for current yearUSD $ 593,593
Revenues less expenses for previous yearUSD $ 3,215,623
Total expenses for current yearUSD $ 15,581,206
Total expenses for previous yearUSD $ 17,885,538
Other expenses in current yearUSD $ 10,767,568
Other expenses in previous yearUSD $ 8,456,931
Total fundraising expenses in current yearUSD $ 1,459,574
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,158,588
Employee salary and benefits paid in previous yearUSD $ 3,768,527
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 655,050
Grants and similar amounts paid in previous yearUSD $ 5,660,080
Total revenue in current fiscal yearUSD $ 16,174,799
Total revenue in previous fiscal yearUSD $ 21,101,161
Contributions and grants from current yearUSD $ 13,239,558
Contributions and grants from previous yearUSD $ 18,236,826
Total of other revenueUSD $ 83,950
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 824,250
Program Service Revenue from current yearUSD $ 2,534,394
Investment Income from prior yearUSD $ 189,384
Investment Income from current yearUSD $ 228,366
Other Revenue from prior yearUSD $ 226,832
Other Revenue from current yearUSD $ 101,575
Gross receipts from all sourcesUSD $ 22,626,180
Net assets / fund balances at end of fiscal yearUSD $ 32,433,505
Net assets / fund balances at beginning of fiscal yearUSD $ 29,363,378
Total liabilities at end of fiscal yearUSD $ 24,596,300
Total liabilities at beginning of fiscal yearUSD $ 24,778,459
Total assets at end of fiscal yearUSD $ 57,029,805
Total assets at beginning of fiscal yearUSD $ 54,141,837
Revenues less expenses for current yearUSD $ 3,215,623
Revenues less expenses for previous yearUSD $ 4,283,156
Total expenses for current yearUSD $ 17,885,538
Total expenses for previous yearUSD $ 12,625,698
Other expenses in current yearUSD $ 8,456,931
Other expenses in previous yearUSD $ 7,355,985
Total fundraising expenses in current yearUSD $ 1,604,256
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,768,527
Employee salary and benefits paid in previous yearUSD $ 3,192,594
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 5,660,080
Grants and similar amounts paid in previous yearUSD $ 2,077,119
Total revenue in current fiscal yearUSD $ 21,101,161
Total revenue in previous fiscal yearUSD $ 16,908,854
Contributions and grants from current yearUSD $ 18,236,826
Contributions and grants from previous yearUSD $ 15,668,388
Total of other revenueUSD $ 101,575
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,119,062
Program Service Revenue from current yearUSD $ 824,250
Investment Income from prior yearUSD $ 720,284
Investment Income from current yearUSD $ 189,384
Other Revenue from prior yearUSD $ 194,419
Other Revenue from current yearUSD $ 226,832
Gross receipts from all sourcesUSD $ 16,983,789
Net assets / fund balances at end of fiscal yearUSD $ 29,363,378
Net assets / fund balances at beginning of fiscal yearUSD $ 25,322,571
Total liabilities at end of fiscal yearUSD $ 24,778,459
Total liabilities at beginning of fiscal yearUSD $ 26,709,570
Total assets at end of fiscal yearUSD $ 54,141,837
Total assets at beginning of fiscal yearUSD $ 52,032,141
Revenues less expenses for current yearUSD $ 4,283,156
Revenues less expenses for previous yearUSD $ 7,377,088
Total expenses for current yearUSD $ 12,625,698
Total expenses for previous yearUSD $ 11,253,493
Other expenses in current yearUSD $ 7,355,985
Other expenses in previous yearUSD $ 6,849,238
Total fundraising expenses in current yearUSD $ 1,385,378
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,192,594
Employee salary and benefits paid in previous yearUSD $ 2,894,255
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,077,119
Grants and similar amounts paid in previous yearUSD $ 1,510,000
Total revenue in current fiscal yearUSD $ 16,908,854
Total revenue in previous fiscal yearUSD $ 18,630,581
Contributions and grants from current yearUSD $ 15,668,388
Contributions and grants from previous yearUSD $ 16,596,816
Total of other revenueUSD $ 226,832
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,393,241
Program Service Revenue from current yearUSD $ 1,119,062
Investment Income from prior yearUSD $ 918,253
Investment Income from current yearUSD $ 720,284
Other Revenue from prior yearUSD $ 13,376
Other Revenue from current yearUSD $ 194,419
Gross receipts from all sourcesUSD $ 19,856,823
Net assets / fund balances at end of fiscal yearUSD $ 25,322,571
Net assets / fund balances at beginning of fiscal yearUSD $ 17,570,205
Total liabilities at end of fiscal yearUSD $ 26,709,570
Total liabilities at beginning of fiscal yearUSD $ 23,382,592
Total assets at end of fiscal yearUSD $ 52,032,141
Total assets at beginning of fiscal yearUSD $ 40,952,797
Revenues less expenses for current yearUSD $ 7,377,088
Revenues less expenses for previous yearUSD $ 2,734,859
Total expenses for current yearUSD $ 11,253,493
Total expenses for previous yearUSD $ 7,863,122
Other expenses in current yearUSD $ 6,849,238
Other expenses in previous yearUSD $ 4,047,187
Total fundraising expenses in current yearUSD $ 283,514
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,894,255
Employee salary and benefits paid in previous yearUSD $ 2,616,868
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,510,000
Grants and similar amounts paid in previous yearUSD $ 1,199,067
Total revenue in current fiscal yearUSD $ 18,630,581
Total revenue in previous fiscal yearUSD $ 10,597,981
Contributions and grants from current yearUSD $ 16,596,816
Contributions and grants from previous yearUSD $ 8,273,111
Total of other revenueUSD $ 194,419
2014-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 3,094,787
Program Service Revenue from current yearUSD $ 1,393,241
Investment Income from prior yearUSD $ 93,765
Investment Income from current yearUSD $ 918,253
Other Revenue from prior yearUSD $ 13,978
Other Revenue from current yearUSD $ 13,376
Gross receipts from all sourcesUSD $ 14,130,532
Net assets / fund balances at end of fiscal yearUSD $ 17,570,205
Net assets / fund balances at beginning of fiscal yearUSD $ 14,218,712
Total liabilities at end of fiscal yearUSD $ 23,382,592
Total liabilities at beginning of fiscal yearUSD $ 26,824,660
Total assets at end of fiscal yearUSD $ 40,952,797
Total assets at beginning of fiscal yearUSD $ 41,043,372
Revenues less expenses for current yearUSD $ 2,734,859
Revenues less expenses for previous yearUSD $ -3,342,691
Total expenses for current yearUSD $ 7,863,122
Total expenses for previous yearUSD $ 9,572,524
Other expenses in current yearUSD $ 4,047,187
Other expenses in previous yearUSD $ 5,376,944
Total fundraising expenses in current yearUSD $ 253,632
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,616,868
Employee salary and benefits paid in previous yearUSD $ 2,664,580
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,199,067
Grants and similar amounts paid in previous yearUSD $ 1,531,000
Total revenue in current fiscal yearUSD $ 10,597,981
Total revenue in previous fiscal yearUSD $ 6,229,833
Contributions and grants from current yearUSD $ 8,273,111
Contributions and grants from previous yearUSD $ 3,027,303
Total of other revenueUSD $ 13,376

Other Company Names associated with EIN

HOPE ENTERPRISE CORPORATION

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 640851798

USA Mailing Address
4 OLD RIVER PLACE
JACKSON
MS
392023434
Date first seen: 2010-10-15
Date last seen: 2026-05-12
USA Mailing Address
4 OLD RIVER PLACE
JACKSON
MS
39202
Date first seen: 2007-01-01
Date last seen: 2026-05-13
USA Location Address
4 OLD RIVER PL
JACKSON
MS
39202
Date first seen: 2007-01-01
Date last seen: 2026-02-28

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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