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Nonprofit · EIN 22-1801849

HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED

Tax-exempt · HOBOKEN, NJ 07030

Financials

$28.4M$28.1M2022$28.3M$27.8M2023$30.3M$30.1M2024
Revenue Expenses · by fiscal year end
Financials of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$30,334,427$30,083,114$251,313$28,813,912$13,451,765$15,362,147
March 31, 2024990$28,345,266$27,796,416$548,850$26,579,460$11,380,576$15,198,884
March 31, 2023990$28,378,106$28,120,115$257,991$23,316,590$8,666,556$14,650,034
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$26,276,798
of which government grants
$26,190,792
Program service revenue
$1,175,104
Investment income
$151,698
Net rental income
$2,557,537
Other revenue
$2,730,827

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$957,760
Other salaries and wages
$16,456,164
Salaries, compensation and benefits (total)
$21,289,094
Professional fundraising fees
$0
Legal fees
$21,916
Accounting fees
$209,357
Occupancy
$2,255,751
Depreciation
$1,133,937
Program services (functional)
$25,705,231
Management and general (functional)
$4,084,970
Fundraising (functional)
$292,913

Balance sheet and other

Total assets, start of year
$27,379,751
Total assets, end of year
$28,813,912
Total liabilities, end of year
$13,451,765
Net assets, end of year
$15,362,147
Land, buildings and equipment
$18,330,393
Net assets without donor restrictions
$15,362,147
Gross receipts
$30,334,427
Employees
366
Volunteers
833
Year formed
1964
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SIMONA OVANEZIANPRESIDENT, CEO
Key employee, Highest-paid employee
35$234,597$13,302
JOSELYN ESTEVEZ-VARGASVICE PRESIDENT, EARLY CHILDHOOD
Highest-paid employee
35$198,577$14,657
SUSAN CHABERSKICONSULTING CHIEF FINANCIAL OFFICER
Key employee, Highest-paid employee
35$187,925$18,447
JESSICA PALENCIAVICE PRESIDENT, HUMAN RESOURCES/DEVELOPMENT
Highest-paid employee
35$192,116$2,555
CHRISTOPHER GARCIADIRECTOR OF FACILITIES
Highest-paid employee
35$144,545$15,747
FRANK RAIABOARD CHAIR
Trustee or director, Officer
5$0$0
DR SARA KALAMBUR DDSBOARD VICE CHAIR
Trustee or director, Officer
3$0$0
SUZANNE HETMANBOARD SECRETARY
Trustee or director, Officer
3$0$0
KENNETH O'NEILLBOARD TREASURER
Trustee or director, Officer
4$0$0
FLORENCE AMATOBOARD MEMBER
Trustee or director
1$0$0
CAREY BROWNBOARD MEMBER
Trustee or director
1$0$0
SUSAN COSTOMARISBOARD MEMBER
Trustee or director
1$0$0
ELIZABETH ANN FALCOBOARD MEMBER
Trustee or director
1$0$0
HOVIE FORMANBOARD MEMBER
Trustee or director
1$0$0
CHRISTIANE HOFFMANBOARD MEMBER
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
SHARON RAMPHIRBOARD MEMBER
Trustee or director
1$0
IRENE ADU-TEI GARCIAHEAD START, POLICY COUNCIL LIASON
Trustee or director
1$0
990 for the year ended March 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
SIMONA OVANEZIANPRESIDENT, CEO
Key employee, Highest-paid employee
35$210,973$18,390
JOSELYN ESTEVEZ-VARGASVICE PRESIDENT, EARLY CHILDHOOD
Highest-paid employee
35$187,599$17,883
JESSICA PALENCIAVICE PRESIDENT, HUMAN RESOURCES/DEVELOPMENT
Highest-paid employee
35$188,171$11,642
SUSAN CHABERSKINEW VP/CFO - EFFECTIVE JANUARY 2023
Key employee, Highest-paid employee
35$180,665$17,951
CHRISTOPHER GARCIADIRECTOR OF FACILITIES
Highest-paid employee
35$136,922$11,678
FRANK RAIABOARD CHAIR
Trustee or director, Officer
5$0$0
DR SARA KALAMBUR DDSBOARD VICE CHAIR
Trustee or director, Officer
3$0$0
SUZANNE HETMANBOARD SECRETARY
Trustee or director, Officer
3$0$0
KENNETH O'NEILLBOARD TREASURER
Trustee or director, Officer
4$0$0
FLORENCE AMATOBOARD MEMBER
Trustee or director
1$0$0
CAREY BROWNBOARD MEMBER
Trustee or director
1$0$0
SUSAN COSTOMARISBOARD MEMBER
Trustee or director
1$0$0
ELIZABETH ANN FALCOBOARD MEMBER
Trustee or director
1$0$0
HOVIE FORMANBOARD MEMBER
Trustee or director
1$0$0
CHRISTIANE HOFFMANBOARD MEMBER
Trustee or director
1$0$0
SHARON RAMPHIRBOARD MEMBER
Trustee or director
1$0$0
DEMITA JONESHEAD START, POLICY COUNCIL LIASON
Trustee or director
1$0$0
990 for the year ended March 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
SIMONA OVANEZIANPRESIDENT, CEO
Key employee, Highest-paid employee
35$211,389$11,681
JOSELYN ESTEVEZ-VARGASVICE PRESIDENT, EARLY CHILDHOOD
Highest-paid employee
35$181,845$11,215
JESSICA PALENCIAVICE PRESIDENT, HUMAN RESOURCES/DEVELOPMENT
Highest-paid employee
35$103,036$7,485
YVROSE AUGUSTINFORMER VICE PRESIDENT & CFO
Highest-paid employee
35$20,605$0
FRANK RAIABOARD CHAIR
Trustee or director, Officer
5$0$0
DR SARA KALAMBUR DDSBOARD VICE CHAIR
Trustee or director, Officer
3$0$0
SUZANNE HETMANBOARD SECRETARY
Trustee or director, Officer
3$0$0
KENNETH O'NEILLBOARD TREASURER
Trustee or director, Officer
4$0$0
FLORENCE AMATOBOARD MEMBER
Trustee or director
1$0$0
CAREY BROWNBOARD MEMBER
Trustee or director
1$0$0
SUSAN COSTOMARISBOARD MEMBER
Trustee or director
1$0$0
ELIZABETH ANN FALCOBOARD MEMBER
Trustee or director
1$0$0
HOVIE FORMANBOARD MEMBER
Trustee or director
1$0$0
CHRISTIANE HOFFMANBOARD MEMBER
Trustee or director
1$0$0
CARMENCITA PILEBOARD MEMBER
Trustee or director
1$0$0
SHARON RAMPHIRBOARD MEMBER
Trustee or director
1$0$0
DEMITA JONESHEAD START, POLICY COUNCIL LIASON
Trustee or director
1$0$0
SUSAN CHABERSKINEW VP/CFO - EFFECTIVE JANUARY 2023
Key employee, Highest-paid employee
35$0$0

Address and contacts

Address (IRS master file)
301 GARDEN STREET, HOBOKEN, NJ 07030-3873
Principal officer (990 for 2024)
SIMONA OVANEZIAN, 301 GARDEN STREET, HOBOKEN, NJ 07030
Signed the 990
SIMONA OVANEZIAN, PRESIDENT/CHIEF EXECUTIVE OFFICER
Phone
(855) 654-6737
Return prepared by
OLUGBENGA OLABINTAN CPA INC

Mission

THE ORGANIZATIONS MISSION IS TO PROVIDE COMMUNITY SERVICES THAT RESPOND TO THE SOCIAL, EDUCATIONAL AND TRAINING NEEDS OF INDIVIDUALS IN AN EFFORT TO OVERCOME BARRIERS AND FIGHT THE CAUSES OF POVERTY.

990 for the year ended March 31, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDED EARLY CHILDHOOD EDUCATION SERVICES TO APPROXIMATELY 1,300 CHILDREN UNDER THE FEDERAL HEAD START AND NEW JERSEY ABBOTT PRESCHOOL AND UNIVERSAL PRE-K PROGRAMS. IT ALSO PROVIDED COMMUNITY SERVICES BENEFITING APPROXIMATELY 3,200 INCOME ELIGIBLE FAMILIES IN THE CITIES OF HOBOKEN, PLAINFIELD, MANVILLE AND SOMERSET IN THE STATE OF NEW JERSEY.
    Expenses $25,705,231

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
22-1801849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$28,813,912
Income (IRS master file)
$30,334,427

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$30,334,427$30,083,114$28,813,912XML
990March 2024$28,345,266$27,796,416$26,579,460XML
990March 2023$28,378,106$28,120,115$23,316,590XML
990March 2022$24,208,629$22,765,506$25,058,059IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1801849).

Questions about HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED

What is the EIN of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED?
The employer identification number (EIN) of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED is 22-1801849.
Is HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED?
The 990 for the year ended March 31, 2025 names SIMONA OVANEZIAN.
Who are the officers and directors of HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED?
The 990 for the year ended March 31, 2025 lists 17 people; 5 received compensation from the organization, the highest $234,597 (SIMONA OVANEZIAN, PRESIDENT, CEO).
How much revenue does HOPES COMMUNITY ACTION PARTNERSHIP INCORPORATED have?
On its 990 for the year ended March 31, 2025 it reported revenue of $30,334,427, expenses of $30,083,114 and total assets of $28,813,912 at year end.

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