Nonprofit · EIN 82-3675207
HOPE RENOVATIONS
Tax-exempt · CARRBORO, NC 27510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,779,248 | $1,607,601 | $171,647 | $783,584 | $26,697 | $756,887 |
| June 30, 2024 | 990 | $1,776,798 | $1,498,748 | $278,050 | $1,050,144 | $183,635 | $866,509 |
| June 30, 2023 | 990 (amended) | $1,896,731 | $1,400,275 | $496,456 | $709,125 | $94,687 | $614,438 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,451,514
- of which government grants
- $39,753
- Program service revenue
- $269,716
- Investment income
- $26,063
- Net gain from sales of assets
- $20,000
- Other revenue
- $31,955
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $730,668
- Salaries, compensation and benefits (total)
- $1,122,125
- Professional fundraising fees
- $0
- Accounting fees
- $34,608
- Occupancy
- $51,076
- Travel
- $6,685
- Depreciation
- $18,341
- Program services (functional)
- $1,168,876
- Management and general (functional)
- $253,327
- Fundraising (functional)
- $185,398
Balance sheet and other
- Total assets, start of year
- $768,874
- Total assets, end of year
- $783,584
- Total liabilities, end of year
- $26,697
- Net assets, end of year
- $756,887
- Land, buildings and equipment
- $8,507
- Net assets without donor restrictions
- $756,887
- Gross receipts
- $1,779,248
- Employees
- 71
- Year formed
- 2017
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NORA E SPENCER | CEO Trustee or director, Officer | 40 | $100,000 |
| LEAH ADENIJI | DIRECTOR Trustee or director | – | $0 |
| CINDY COVINGTON | DIRECTOR Trustee or director | – | $0 |
| BRANDI GEREW | DIRECTOR Trustee or director | – | $0 |
| JENNIFER HOFFMAN | DIRECTOR Trustee or director | – | $0 |
| DREW LANGSAM | DIRECTOR Trustee or director | – | $0 |
| CARRIE SLOAN NORRY | DIRECTOR Trustee or director | – | $0 |
| PAT SPRIGG | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Nora E Spencer | CEO Trustee or director, Officer | 60 | $101,615 |
| Leah Adeniji | Director Trustee or director | 0 | $0 |
| Claire Coffey | Director Trustee or director | 0 | $0 |
| Cindy Covington | Director Trustee or director | 0 | $0 |
| Brandi Gerew | Treasurer Trustee or director | 0 | $0 |
| Jennifer Hoffman | Director Trustee or director | 0 | $0 |
| Carrie Norry | Board Chair Trustee or director | 0 | $0 |
| Maryah SmithOverman | Secretary Trustee or director | 0 | $0 |
| Patricia Sprigg | Director Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NORA E SPENCER | CEO Trustee or director, Officer | 60 | $98,269 |
| LEAH ADENIJI | DIRECTOR Trustee or director | – | $0 |
| CLAIRE COFFEY | DIRECTOR Trustee or director, Officer | – | $0 |
| CINDY COVINGTON | DIRECTOR Trustee or director | – | $0 |
| ALAINA GARMAN | DIRECTOR Trustee or director | – | $0 |
| JENNIFER HOFFMAN | DIRECTOR Trustee or director | – | $0 |
| CARRIE NORRY | BOARD CHAIRM Trustee or director | – | $0 |
| MARYAH SMITH-OVERMAN | SECRETARY Trustee or director, Officer | – | $0 |
| PATRICIA SPRIGG | DIRECTOR Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 117 W MAIN ST, CARRBORO, NC 27510-2025
- In care of
- % NORA SPENCER
- Mailing address (990-N for 2019)
- 3807 NC Hwy 54 West, Chapel Hill NC 27516
- Principal officer (990 for 2024)
- NORA E SPENCER, 616 OAK CREST DRIVE, CHAPEL HILL, NC 27516
- Principal officer (990-N for 2019)
- Nora Spencer, 3807 NC Hwy 54 West, Chapel Hill NC 27516
- Signed the 990
- NORA E SPENCER, CEO
- Phone
- (919) 960-1957
- Website
- www.hoperenovations.org
- Return prepared by
- JOEL I LEVY CPA PLLC
Mission
HOPE RENOVATIONS EMPOWERS WOMEN AND GENDER-EXPANSIVE INDIVIDUALS INTO CAREERS IN CONSTRUCTION AND HELPS OLDER ADULTS AGE IN PLACE.
Program accomplishments
- WOMEN'S TRADES TRAINING PROGRAM - DURING FYE 06/30/2025,WE TRAINED 74 WOMEN AND NONBINARY FOLKS. 70% OF THOSE WENT INTO JOBS OR CONTINUING EDUCATION IN THE TRADES.Expenses $111,136 · revenue $51,911
- AGING IN PLACE CONSTRUCTION PROGRAM - DURING FYE 06/30/2024, THE CONSTRUCTION PROGRAM COMPLETED 40 JOBS RANGING IN SIZE FROM SMALL GRAB BAR INSTALLATIONS AND SAFETY MODIFICATIONS TO LARGE BATHROOM RENOVATIONS. 78% OF HOUSEHOLDS SERVED WERE 55+ AND/OR DISABLED.Expenses $1,057,740 · revenue $217,805
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 82-3675207
- 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
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J20)
- Assets (IRS master file)
- $783,584
- Income (IRS master file)
- $1,779,248
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,779,248 | $1,607,601 | $783,584 | IRS |
| 990 | June 2024 | $1,776,798 | $1,498,748 | $1,050,144 | IRS |
| 990 | June 2023 | $1,896,731 | $1,400,275 | $709,125 | XML |
| 990 | June 2022 | $1,020,497 | $1,039,072 | $244,453 | IRS |
| 990 | June 2021 | $351,606 | $354,193 | $248,381 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Nora Spencer | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-3675207).
Questions about HOPE RENOVATIONS
- What is the EIN of HOPE RENOVATIONS?
- The employer identification number (EIN) of HOPE RENOVATIONS is 82-3675207.
- Is HOPE RENOVATIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to HOPE RENOVATIONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE RENOVATIONS 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 RENOVATIONS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE RENOVATIONS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOPE RENOVATIONS?
- The 990 for the year ended June 30, 2025 names NORA E SPENCER.
- Who are the officers and directors of HOPE RENOVATIONS?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $100,000 (NORA E SPENCER, CEO).
- How much revenue does HOPE RENOVATIONS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,779,248, expenses of $1,607,601 and total assets of $783,584 at year end.
Other nonprofits in CARRBORO
- CARAMORE COMMUNITY INC EIN 51-0145188 · last filed 990 for 2025
- CHAPEL HILL TENNIS CLUB INC EIN 56-0892516 · last filed 990 for 2025
- TABLE MINISTRIES INC EIN 26-1471735 · last filed 990 for 2025
- INTER-FAITH COUNCIL FOR SOCIAL SERVICE EIN 59-1224041 · last filed 990 for 2025
- REFUGEE COMMUNITY PARTNERSHIP INC EIN 26-3608741 · last filed 990 for 2025
- ARTS CENTER EIN 51-0198497 · last filed 990 for 2025
- CHAPEL HILL CARRBORO PUBLIC SCHOOL FOUNDATION EIN 56-1421977 · last filed 990 for 2025
- COMMUNITYWORX EIN 56-0678985 · last filed 990 for 2025