HISTORIC HOPEWELL FOUNDATION INC

EIN: 237219373 501(c)(3) Arts, Culture & Humanities

HOPEWELL, VA

Total Revenue
$351,791
Total Expenses
$116,447
Total Assets
$1,477,886
Net Assets
$1,417,402
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
Principal Officer
JOHN B PARTIN
Phone
8044584682
Tax Period
2024-07-01 to 2025-06-30

HISTORIC HOPEWELL FOUNDATION INC, founded in 1972, is a small nonprofit in the Arts, Culture & Humanities sector that reported $174K in total revenue in fiscal year 2018. Expenses of $162K left a modest 7% surplus.

Mission

MAINTAINING AND PRESERVING OF HISTORIC BUILDINGS AND GROUNDS WITHIN THE CITY OF HOPEWELL, VIRGINIA. THE PROPERTIES ARE AVAILABLE FOR PUBLIC TOURS AND OTHER COMMUNITY USES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $279,699
Program Service Revenue $2,056
Investment Income $11,427
Other Revenue $58,609
TOTAL REVENUE $351,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $47,859
Fundraising Expenses $0
Program Expenses $85,945
Other Expenses $68,588
TOTAL EXPENSES $116,447

Year-over-Year Comparison

2024 2023 Change
Revenue $351,791 $203,777 +0.7%
Expenses $116,447 $112,410 +0.0%
Net Income $235,344 $91,367 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
5
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS WAGSTAFF President 1.00
Officer Director
$0 $0 $0
SUSAN ELIADES Vice President 1.00
Officer Director
$0 $0 $0
JOHN PARTIN Treasurer 10.00
Officer Director
$0 $0 $0
PEGGY HENDERSON Secretary 1.00
Officer Director
$0 $0 $0
BILL AUTON Trustee 1.00
Director
$0 $0 $0
JANE BUJAKOWSKI Trustee 1.00
Director
$0 $0 $0
MIKE HACKLEY Trustee 1.00
Director
$0 $0 $0
CLAIRE HALEY Trustee 1.00
Director
$0 $0 $0
KATHY HUDSON Trustee 1.00
Director
$0 $0 $0
JEANIE LANGFORD Trustee 1.00
Director
$0 $0 $0
IRMA GAIL MAHANEY Trustee 1.00
Director
$0 $0 $0
PATTI PARKER Trustee 1.00
Director
$0 $0 $0
BETSY REYNOLDS Trustee 1.00
Director
$0 $0 $0
ROBIN SOMERS-STROM Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $351,791 $116,447 $1,477,886 $235,344
2024 $203,777 $112,410 $1,247,873 $91,367
2023 $204,508 $119,441 $1,047,204 $85,067
2022 $70,913 $135,284 $1,070,939 $-64,371
2021 $164,554 $95,772 $1,137,171 $68,782
2020 $98,330 $125,232 $1,077,051 $-26,902
2019 $173,516 $161,950 $1,053,399 $11,566
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