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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Hope Initiatives CDC Incorporated

Hope Initiatives CDC Incorporated

Fiscal year ending 2024. Filed on August 14, 2025.

506 West Broad Street
Rochester, New York 14608

Hope Initiatives CDC Incorporated (EIN: 03-0374933) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Hope Initiatives CDC Incorporated, a 501(c)(3) charitable organization, reported compensation for 3 out of 15 total employees. Among the employees shown here, the average compensation is $35,188. The highest compensated employee at Hope Initiatives CDC Incorporated is Dale Sedgwick with fiscal year 2024 compensation of $39,362.

Revenue, expenses, and employee compensation

Revenue

$1,079,832

Expenses

$1,142,923

Employee compensation

$465,041
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dale Sedgwick
CEO - THRU 3/31/24
$39,362
$39,362 No related compNo other comp
Tim McClure
Chief Executive Officer
$34,327
$34,327 No related compNo other comp
David Dey
Finance Director
$31,875
$31,875 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Arnis Sprancmanis
Board Secretary
Eric Nagle
Board Chair
Jerry Beilawski
Director at Large - Joined During YEAR
Lori Sousa-Meixell
Board VICE Chairperson - Resigned During YEAR
Michael Olson
Director at-large
Michael Shipman
Director at-large
Wayne Coleman
Director at Large - Resigned During YEAR

Mission Statement

HOPE INITIATIVES ENVISIONS THE DAY WHEN "RECEIVERS" HAVE BECOME "GIVERS". THIS HAPPENS WHEN THOSE WHO DEPEND UPON SOME FORM OF SOCIAL SERVICE SUPPORT TO MEET BASIC NEEDS HAVE BECOME SELF-SUFFICIENT AND ABLE TO MEET THEIR OWN NEEDS, AND ARE THEN WILLING AND ABLE TO LEND A HAND TO THOSE WHO CANNOT YET HELP THEMSELVES. WE HELP RECEIVERS BREAK THE CYCLE OF DEPENDENCY BY SERVING OTHERS, DEVELOPING SKILLS, AND THINKING DIFFERENTLY ABOUT THEIR POTENTIAL.

Revisions to this organization profile

August 14, 2025:
2024 Hope Initiatives CDC Incorporated 990 filed
August 14, 2024:
2023 Hope Initiatives CDC Incorporated 990 filed
May 23, 2023:
2022 Hope Initiatives CDC Incorporated 990 filed

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