Nonprofit · EIN 20-4598911
HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED
Tax-exempt (reinstated) · BROOKLYN, NY 11207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $106,679 | $153,352 | -$46,673 | $27,194 | $62,138 | -$34,944 |
| December 31, 2024 | 990 | $107,396 | $88,539 | $18,857 | $25,529 | $13,800 | $11,729 |
| December 31, 2023 | 990 | $52,127 | $69,827 | -$17,700 | $13,972 | $21,100 | -$7,128 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $106,398
- of which government grants
- $5,000
- Program service revenue
- $0
- Investment income
- $281
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $30,652
- Salaries, compensation and benefits (total)
- $34,326
- Professional fundraising fees
- $0
- Occupancy
- $36,000
- Travel
- $330
- Depreciation
- $1,027
- Program services (functional)
- $134,810
- Management and general (functional)
- $18,542
Balance sheet and other
- Total assets, start of year
- $25,529
- Total assets, end of year
- $27,194
- Total liabilities, end of year
- $62,138
- Net assets, end of year
- -$34,944
- Land, buildings and equipment
- $9,241
- Net assets without donor restrictions
- -$34,944
- Gross receipts
- $106,679
- Employees
- 1
- Volunteers
- 425
- Year formed
- 2006
- State of legal domicile
- NY
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 |
|---|---|---|---|
| TYRONE STEVENSON | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| YAN FELIX | MEMBER Trustee or director | 2 | $0 |
| BRANDON GIBSON | TREASURER Officer | 2 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YAN FELIX | MEMBER Trustee or director | 2 | $0 |
| TYRONE STEVENSON | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| BRANDON GIBSON | TREASURER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YAN FELIX | MEMBER Trustee or director | 2 | $0 |
| TYRONE STEVENSON | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| BRANDON GIBSON | TREASURER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 369 NEW LOTS AVE, BROOKLYN, NY 11207-6304
- In care of
- % JUNE CARRINGTON
- Mailing address (990-N for 2019)
- 369 New Lots Ave, Brooklyn NY 11207
- Principal officer (990-N for 2019)
- Tyrone Stevenson, PO Box 070131, Brooklyn NY 11207
- Signed the 990
- JUNE CARRINGTON, EXECUTIVE DIRECTOR
- Phone
- (718) 257-5494
- Return prepared by
- SAMUEL N WILSON JR CPA LLC
Mission
HOPE EMPOWERMENT AND DEVELOPMENT ZONE INC EXISTS TO PROVIDE THE PEOPLE IN THE COMMUNITY IT SERVES WITH THE TOOLS TO CLOSE THE WEALTH GAP, INCREASE SELF-RELIANCE AND PREPARE THE NEXT GENERATION.
Program accomplishments
- 1) THE ORGANIZATION ENGAGED 448 VOLUNTEERS THAT DISTRIBUTED 54,790 LBS OF PRODUCE TO 2,463 FAMILIES and 9,852 individuals. 2) CONDUCTED A COMMUNITY BABY SHOWER IN WHICH 12 MOTHERS WERE IN ATTENDANCE. 3) Thirty STUDENTS RECEIVED SCHOLARSHIPS THROUGH THE ROY L COLEMAN SCHOLARSHIP PROGRAM. 4) RECRUITED 7 VOLUNTEERS THAT PROVIDED 117 MEAL FOR THANKSGIVING DAY OUTREACH.Expenses $134,810 · grants $5,000
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
- 20-4598911
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $27,194
- Income (IRS master file)
- $106,679
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- August 12, 2013
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $106,679 | $153,352 | $27,194 | XML |
| 990 | December 2024 | $107,396 | $88,539 | $25,529 | XML |
| 990 | December 2023 | $52,127 | $69,827 | $13,972 | XML |
| 990 | December 2022 | $106,190 | $128,261 | $30,172 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Tyrone Stevenson | 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 20-4598911).
Questions about HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED
- What is the EIN of HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED?
- The employer identification number (EIN) of HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED is 20-4598911.
- Is HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED 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 EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED 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 EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED 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 EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED?
- The 990-N for 2019 names Tyrone Stevenson.
- Who are the officers and directors of HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HOPE EMPOWERMENT AND DEVELOPMENT ZONE INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $106,679, expenses of $153,352 and total assets of $27,194 at year end.
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