Skip to main content

Nonprofit · EIN 23-2193806

BRIGHT HOPE NON-PROFIT CORPORATION

Tax-exempt · PHILADELPHIA, PA 19122

Financials

$1.5M$1.6M2023$1.6M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of BRIGHT HOPE NON-PROFIT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990$1,621,561$1,613,942$7,619$1,595,983$3,628,144-$2,032,161
April 30, 2024990$1,507,072$1,558,239-$51,167$1,607,299$3,647,079-$2,039,780
Financial details: 990 for the year ended April 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,621,441
Investment income
$120
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$309,325
Salaries, compensation and benefits (total)
$411,220
Professional fundraising fees
$0
Legal fees
$2,950
Accounting fees
$22,500
Depreciation
$138,635
Program services (functional)
$1,613,942

Balance sheet and other

Total assets, start of year
$1,607,299
Total assets, end of year
$1,595,983
Total liabilities, end of year
$3,628,144
Net assets, end of year
-$2,032,161
Land, buildings and equipment
$1,207,172
Net assets without donor restrictions
-$2,032,161
Gross receipts
$1,621,561
Employees
0
Volunteers
0
Year formed
1981
State of legal domicile
PA

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 April 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM R RAYMONDPRESIDENT
Trustee or director, Officer
2$0
JUDGE GENECE E BRINKLEYBOARD MEMBER
Trustee or director
1$0
ANGELA HAYNES ESQBOARD MEMBER
Trustee or director
1$0
FREDERICK HAYNESBOARD MEMBER
Trustee or director
1$0
SHIRLEAN SAWYERBOARD MEMBER
Trustee or director
1$0
ROSE THURMONDBOARD MEMBER
Trustee or director
1$0
DARRION MCKINNEYBOARD MEMBER
Trustee or director
1$0
990 for the year ended April 30, 2024: 7 people
NameTitleHours / weekCompensation
WILLIAM R RAYMONDPRESIDENT
Trustee or director, Officer
2$0
JUDGE GENECE E BRINKLEYBOARD MEMBER
Trustee or director
1$0
ANGELA HAYNES ESQBOARD MEMBER
Trustee or director
1$0
FREDERICK HAYNESBOARD MEMBER
Trustee or director
1$0
SHIRLEAN SAWYERBOARD MEMBER
Trustee or director
1$0
ROSE THURMONDBOARD MEMBER
Trustee or director
1$0
DARRION MCKINNEYBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1600 NORTH 8TH STREET, PHILADELPHIA, PA 19122-2808
In care of
% COMMUNITY PROPERTY MANAGEMENT INC
Principal officer (990 for 2024)
VIVIAN S BUCHANON, 1600 NORTH 8TH STREET, PHILADELPHIA, PA 19122
Signed the 990
YOLANDA PRESSLEY, FINANCE AND ADMINISTRATION
Phone
(215) 232-4902
Return prepared by
RUOTOLO SPEWAK & CO

Mission

PROVIDES LOW INCOME HOUSING SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

990 for the year ended April 30, 2025

Program accomplishments

  • PROVIDES 130 UNITS OF LOW INCOME APARTMENTS SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
    Expenses $1,613,942 · revenue $1,621,441

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 April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990 on file
2023April 30, 2024September 16, 2024990 on file

IRS record

EIN
23-2193806
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
April
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,595,983
Income (IRS master file)
$1,621,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990April 2025$1,621,561$1,613,942$1,595,983IRS
990April 2024$1,507,072$1,558,239$1,607,299XML
990April 2023$1,360,886$1,509,233$1,673,312IRS
990April 2022–––IRS
990April 2021–––IRS
990April 2019–––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 23-2193806).

Questions about BRIGHT HOPE NON-PROFIT CORPORATION

What is the EIN of BRIGHT HOPE NON-PROFIT CORPORATION?
The employer identification number (EIN) of BRIGHT HOPE NON-PROFIT CORPORATION is 23-2193806.
Is BRIGHT HOPE NON-PROFIT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to BRIGHT HOPE NON-PROFIT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BRIGHT HOPE NON-PROFIT CORPORATION 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 BRIGHT HOPE NON-PROFIT CORPORATION due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRIGHT HOPE NON-PROFIT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended April 2025.
Who is the principal officer of BRIGHT HOPE NON-PROFIT CORPORATION?
The 990 for the year ended April 30, 2025 names VIVIAN S BUCHANON.
Who are the officers and directors of BRIGHT HOPE NON-PROFIT CORPORATION?
The 990 for the year ended April 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does BRIGHT HOPE NON-PROFIT CORPORATION have?
On its 990 for the year ended April 30, 2025 it reported revenue of $1,621,561, expenses of $1,613,942 and total assets of $1,595,983 at year end.

Other nonprofits in PHILADELPHIA

All nonprofits in PHILADELPHIA · Pennsylvania