New Hope Community Inc is a 501(c)(3) organization based in Loch Sheldrke, New York, registered in 1988, with $62,537,710 in FY2023 revenue. CharityIndex grades it A+, and it directs about 92% of spending to programs.
Revenue (FY2023)
$62.5M
▼ 2.7% vs prior year
Human Services median: $293K
Expenses (FY2023)
$60.8M
Net assets
$48.1M
Employees
1,689
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New Hope Community Inc: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Hope Community Inc: 9 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New Hope Community Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Hope Community Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To enhance the lives of people with intellectual and other developmental disabilities.
Other services - community habilitation, fiscal intermediary, respite, day habilitation and other services to people with disabilities.
Revenue grew from $34.2M (FY2013) to $62.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$61.8M
Total liabilities
$13.7M
Net assets
$48.1M
Salaries & benefits
$48.6M
80% of expenses
Board members
14
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $62,537,710▼2.7% | $60,754,749▼0.4% | $48,068,248▲7.6% | $61,795,260▲4.6% | 990 |
| 2022 | $64,277,874▲26.8% | $61,013,071▲30.1% | $44,678,469▲2.0% | $59,062,860▲4.1% | 990 |
| 2021 | $50,703,594▲0.9% | $46,897,941▲1.4% | $43,792,838▲10.1% | $56,719,806▲2.0% | 990 |
| 2020 | $50,273,349▲19.2% | $46,243,107▲12.7% | $39,790,369▲21.6% | $55,614,700▲10.2% | 990 |
| 2019 | $42,185,904▲1.7% | $41,028,332▲4.2% | $32,725,532▲7.7% | $50,489,968▲17.6% | 990 |
| 2018 | $41,468,423▲4.1% | $39,355,921▲5.1% | $30,393,979▲5.4% | $42,940,301▲8.4% | 990 |
| 2017 | $39,841,262▼5.1% | $37,445,976▲3.8% | $28,845,779▲9.7% | $39,618,597▲8.6% | 990 |
| 2016 | $41,972,074▲18.4% | $36,060,289▲3.9% | $26,292,333▲30.3% | $36,466,395▲9.6% | 990 |
| 2015 | $35,463,152▲1.0% | $34,698,449▼2.1% | $20,181,128▲2.3% | $33,257,173▲4.3% | 990 |
| 2014 | $35,122,830▲2.6% | $35,439,426▲5.1% | $19,732,247▼1.2% | $31,888,619▼0.3% | 990 |
| 2013 | $34,244,658 | $33,718,850▲2.9% | $19,975,039▲0.8% | $31,978,136▼1.8% | 990 |
| 2012 | — | $32,766,649▲5.2% | $19,822,203▲2.6% | $32,558,470▼5.3% | 990 |
| 2011 | — | $31,146,221▼1.4% | $19,311,568▲16.7% | $34,367,713▲8.9% | 990 |
| 2010 | — | $31,596,309 | $16,552,587 | $31,557,916 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Debra Mcginness — $393,745 (0.65% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Debra Mcginness | Chief Executive Officer | 40 | $393,745 |
| Karen Russell | Coo | 40 | $251,680 |
| Tariq Iqbal | Cfao | 40 | $237,874 |
| Margaret Wicksman | Vp. Shs Div. of New Hope | 35 | $178,783 |
| Pierre Burnett | Director of Information Technology | 40 | $168,245 |
| Terence Duncan | Assistant Vp of Program Operations | 40 | $141,089 |
| Michelle Mellino | Senior Accounting Manager | 35 | $138,711 |
| Leslie Irwin | Asst. Director of Health Services | 40 | $137,060 |
| Lisa Schmidt | Senior Director of Hr | 40 | $135,043 |
| Aleta Lymon | Director | 0.3 | — |
| Amanda Langseder | Director | 0.3 | — |
| Bruce Ellsweig | Director | 0.3 | — |
| Erik Vadeika | Director | 0.3 | — |
| Gary Silver | Director | 0.3 | — |
| Jay Quaintance | Director | 0.3 | — |
| Jean-paul Vallet | Director | 0.3 | — |
| Jonathan Schiller | Director | 0.3 | — |
| Linda Lasheen | Director | 0.3 | — |
| Robert Dinerstein | Chair | 0.3 | — |
| Robert Dufour | Secretary | 0.3 | — |
| Contractor | Services | Paid |
|---|---|---|
| Superior Surfacing Systems Ltd | Driveway Repairs | $202,360 |
| Cbiz Marks Paneth LLP | Accounting Services | $114,290 |
2 grants to New Hope Community Inc totaling $13K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,400 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,400 |
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Data for New Hope Community Inc (EIN 22-2871755) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.