2026-06-04T15:52:13-05:00 2025-12-31 043023027 VERDOLINO & LOWEY PC 124 WASHINGTON ST SUITE 101 FOXBOROUGH MA 02035 990 2025-01-01 862063114 HOPE DEVELOPMENT CORPORATION C/O CHRISTOPHER VITALE HOPE 4012651934 39 PIKE STREET PROVIDENCE RI 02903 CHRISTOPHER VITALE PRESIDENT 4012651934 2026-04-30 1 HEATHER MEDEIROS CPA P00458639 5085431720 2025 2025-03-06 01:10:19Z CHRISTOPHER VITALE 39 PIKE STREET PROVIDENCE RI 02903 50652 0 X N/A X 2021 RI SEE PAGE 2, PART III, LINE 1. 3 3 0 0 0 0 1249 648 50004 50004 0 0 0 0 51253 50652 0 0 0 0 0 0 0 0 0 150433 146274 150433 146274 -99180 -95622 1939669 1853047 19267 19267 1920402 1833780 X FORMED IN 2021, HOPE DEVELOPMENT CORPORATION (HDC) WAS FOUNDED TO IMPROVE EDUCATION OPPORTUNITIES IN AND AROUND PROVIDENCE, RI. HDC WILL FOCUS ON COMMUNITY REVITALIZATION AND IMPROVEMENT THROUGH INVESTMENTS (CONTINUED ON SCH O) (CONTINUED FROM 990 PAGE 2) IN DEVELOPMENT OF EDUCATION FACILITIES, STRATEGIC MANAGEMENT OF FACILITIES, AND THE CHARGING OF NOMINAL RENT TO NON-PROFIT SCHOOL TENANTS, MADE POSSIBLE FROM FUNDING BY PUBLIC DONATIONS. 0 0 146274 50004 SUBLEASED A PROPERTY IN RHODE ISLAND FOR THE OPERATION OF A SCHOOL FOR GRADES PRE-KINDERGARTEN THROUGH 12. 146274 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 RI X X VERDOLINO & LOWEY PC 5085431720 124 WASHINGTON ST 101 FOXBOROUGH MA 02035 X CHRISTOPHER VITALE PRESIDENT/DIRECTOR 1.00 X X 0 0 0 WILLIAM FISCHER VP/SECRETARY/DIRECTOR 0.25 X X 0 0 0 THEODORE KAROUSOS TREASURER/ASST. SECRETARY/ 0.25 X X 0 0 0 0 0 0 0 0 0 0 0 648 648 RENTAL INCOME 531120 50004 50004 50004 50652 50004 0 0 9000 9000 69000 69000 49808 49808 18456 18456 BANK SERVICE CHARGE 10 10 146274 146274 0 0 54936 86474 103261 34909 1942497 215833 1776472 1726664 5000 5000 1939669 1853047 10100 10100 4167 4167 5000 5000 19267 19267 X 0 0 0 0 1920402 1833780 1920402 1833780 1939669 1853047 -95622 9000 0 X 0 0 0 X 975600 1059834 1827 1249 648 2039158 975600 1059834 1827 1249 648 2039158 2039158 25002 50004 50004 125010 2164168 X 1942497 215833 1726664 1726664 SECURITY DEPOSIT SUBLEASE 5000 5000 FORM 990, PART VI, SECTION A, LINE 2 THE PRESIDENT/DIRECTOR AND TREASURER/DIRECTOR HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT OF CERTAIN FINANCIAL OPERATIONS HAS BEEN DELEGATED TO VERDOLINO & LOWEY, P.C. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD OF DIRECTORS AND OFFICERS ARE PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING WITH SUFFICIENT TIME TO PROVIDE COMMENTS, IF ANY. FORM 990, PART VI, SECTION B, LINE 12C HOPE DEVELOPMENT CORPORATION ASKS ALL OFFICERS AND DIRECTORS ANNUALLY TO SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS READ AND AGREES TO COMPLY WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND FORM 1023 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES WILL BE PROVIDED IMMEDIATELY IN THE CASE OF IN-PERSON REQUESTS DURING NORMAL BUSINESS HOURS PROVIDING NO UNUSUAL CIRCUMSTANCES EXIST. WRITTEN, PHONED, FAXED OR E-MAILED REQUESTS WILL BE HONORED IN ACCORDANCE WITH REGULATION SEC. 301.6104(D)-1(D)(2)(II). THE CURRENT AND TWO PRIOR YEARS (EXCLUDING NON-PUBLIC INFORMATION) AND FORM 1023 CAN BE REQUESTED. WE RESERVE THE RIGHT TO CHARGE A REASONABLE COPYING FEE PLUS ACTUAL POSTAGE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE FILED WITH THE APPROPRIATE REGULATORY AGENCIES AND ARE AVAILABLE THROUGH THESE PUBLIC SOURCES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST TO HOPE DEVELOPEMENT CORPORATION.