Nonprofit · EIN 54-1885559
HOPE COMMUNITY BUILDERS
Tax-exempt · ROCKINGHAM, VA 22801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $545,562 | $198,935 | $346,627 | $4,575,653 | $97,469 | $4,478,184 |
| December 31, 2024 | 990 | $538,131 | $426,737 | $111,394 | $3,301,085 | $665,474 | $2,635,611 |
| December 31, 2023 | 990 | $2,089,284 | $2,456,813 | -$367,529 | $3,333,286 | $60,444 | $3,272,842 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $364,584
- Investment income
- $136
- Net rental income
- $80,033
- Net income from sales of inventory
- $100,809
- Other revenue
- $180,842
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,250
- Salaries, compensation and benefits (total)
- $51,941
- Professional fundraising fees
- $0
- Travel
- $4,526
- Program services (functional)
- $198,935
Balance sheet and other
- Total assets, start of year
- $3,301,085
- Total assets, end of year
- $4,575,653
- Total liabilities, end of year
- $97,469
- Net assets, end of year
- $4,478,184
- Land, buildings and equipment
- $4,235,378
- Gross receipts
- $743,938
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- VA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Asrat Gebre | CEO Key employee | 10 | $48,250 |
| Sarah Sampson | Board Member Trustee or director | 0 | $0 |
| Sandra Suarez | Board Member Trustee or director | 0 | $0 |
| Cephornia Smith | Board Member Trustee or director | 0 | $0 |
| Meseret Endeshaw | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Asrat Gebre | CEO Key employee, Highest-paid employee | 40 | $120,000 |
| Brian Sullivan | General Manager - Construction Key employee | 40 | $50,000 |
| Sarah Sampson | Board Member Trustee or director | 1 | $0 |
| Eileen Gilmore | Board Member Trustee or director | 1 | $0 |
| Sandra Suarez | Board Member Trustee or director | 1 | $0 |
| Cephornia Smith | Board Member Trustee or director | 1 | $0 |
| Richard Taveras | Chairman of the Board Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Asrat Gebre | CEO Key employee, Highest-paid employee | 40 | $457,705 |
| Brian Sullivan | General Manager - Construction Key employee | 40 | $50,000 |
| Sarah Sampson | Board Member Trustee or director | 0 | $0 |
| Eileen Gilmore | Board Member Trustee or director | 0 | $0 |
| Sandra Suarez | Board Member Trustee or director | 0 | $0 |
| Cephornia Smith | Board Member Trustee or director | 0 | $0 |
| Richard Taveras | Chairman of the Board Trustee or director | 0 | $0 |
| Abel Tristan | Board member Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 289 JERICHO RD, ROCKINGHAM, VA 22801-7615
- In care of
- % ASRAT W GEBRE
- Principal officer (990 for 2025)
- Asrat Gebre, 3171 Hebron Court, Rockingham, VA 22801
- Signed the 990
- Asrat Gebre, Executive Director & CEO
- Phone
- (540) 810-6510
- Website
- hopecommunitybuilders.org
Mission
Construction of affordable homes for low to moderate income resident whose income is 80% or below the median income adjusted for family size.
Program accomplishments
- Construction of Affordable homesExpenses $198,935 · revenue $453,195
- We have continued to provide affordable homes for low and moderate income residents whose median income is 80% or below the median income adjusted for family size. We have continued to partner with the Virginia Department of Housing and Community Development who administer the HOME fund which makes the homes more affordable.0
- No other Service that generates revenue0
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1885559
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $4,575,653
- Income (IRS master file)
- $743,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $545,562 | $198,935 | $4,575,653 | XML |
| 990 | December 2024 | $538,131 | $426,737 | $3,301,085 | XML |
| 990 | December 2023 | $2,089,284 | $2,456,813 | $3,333,286 | XML |
| 990 | December 2022 | $575,309 | $321,939 | $3,381,767 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 54-1885559).
Questions about HOPE COMMUNITY BUILDERS
- What is the EIN of HOPE COMMUNITY BUILDERS?
- The employer identification number (EIN) of HOPE COMMUNITY BUILDERS is 54-1885559.
- Is HOPE COMMUNITY BUILDERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to HOPE COMMUNITY BUILDERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE COMMUNITY BUILDERS 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 HOPE COMMUNITY BUILDERS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE COMMUNITY BUILDERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HOPE COMMUNITY BUILDERS?
- The 990 for the year ended December 31, 2025 names Asrat Gebre.
- Who are the officers and directors of HOPE COMMUNITY BUILDERS?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $48,250 (Asrat Gebre, CEO).
- How much revenue does HOPE COMMUNITY BUILDERS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $545,562, expenses of $198,935 and total assets of $4,575,653 at year end.
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All nonprofits in ROCKINGHAM · Virginia · Community improvement and capacity building