HOPE INC
187 Williams Street, New London, CT 06320 www.hopenewlondon.org

Total Revenue
$177,322
Total Expenses
$197,300
Net Assets
$2,824,114

Organizations Filed Purposes: HOUSING FOR LOW AND MODERATE INCOME FAMILIES

RENTAL HOUSING - TWO THREE-FAMILY HOUSES ARE BEING RENTED TO LOW-INCOME FAMILIES WHO PARTICIPATE IN A PROGRAM TO HELP THEM BECOME HOMEOWNERS. SIX APARTMENTS ARE RENTED IN THIS PROGRAM. TWO ADDITIONAL TWO-FAMILY PROPERTIES HAVE BEEN PURCHASED AND RENOVATED AND THOSE FOUR UNITES ARE RENTED TO VERY LOW-INCOME FAMILIES.

HOME-OWNERSHIP HOUSING - THE RENOVATIONS ON TWO SINGLE-FAMILY HOUSES ON DENISON AVE WERE COMPLETED AND THE HOMES WERE SOLD: ONE TO A LOW-INCOME FAMILY AND THE OTHER TO AN EXTREMELY LOW-INCOME FAMILY. RENOVATIONS WERE CONTINUED ON A TWO-FAMILY HOME ON MOORE AVE., WHICH IS TO BE SOLD TO A MODERATE-INCOME FAMILY WITH AN APARTMENT TO BE RENTED TO A VERY-LOW INCOME FAMILY. CONSTUCTION WAS UNDERTAKEN ON A NEW TWO-FAMILY HOME ON A VACANT LOT ON BELDEN ST. TO BE SOLD TO A LOW-INCOME BUYER WITH AN APARTMENT FOR A VERY-LOW INCOME FAMILY.

EDUCATION- A NINE-WEEK, FREE HOME REPAIR WORKSHOP PROGRAM WAS OFFERED TO TEACH NEW HOMEOWNERS BASIC PLUMBING, CARPENTRY AND ELECTRIAL SKILLS, HELPING TO ASSURE THEIR SUCCESS AS HOMEOWNERS.EDUCATION- INDIVIDUALS AND FAMILIES WERE GUIDED IN BASIC STEPS TO TAKE IN ORDER TO FIND AFFORDABLE HOUSING AND TO BUY HOMES ON THEIR OWN.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Marilyn M GrahamE.D./SECRETARY40$77,250
Michelle A DraytonTreasurer2$2,145
Annette FintonDirector0$0
Daniel P BranneganDirector0$0
Peter SpringsteelChairman4$0
Helen BehneyDirector0$0
Bruce HydeDirector0$0
Robert GormanDirector0$0
Chris JohnsonDirector0$0
Suzanne David ColeDirector0.5$0
Robert GilbertDirector0.5$0
Ned HammondDirector0.5$0
Keith CapletDirector0.5$0
Paul A ConnorVICE CHAIR0.5$0
Matthew J CurtissDirector0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023179349302282_public.xml