Hope Initiatives CDC Incorporated
Donations deductibleRevenue
$1m
year to 30 September 2025
Expenses
$1.2m
year to 30 September 2025
Total assets
$337k
$316k liabilities
Net assets
$21k
assets less liabilities
Directors and trustees
7
4.3 years on average
Staff
15
employees, year to 30 September 2025
Chair observed
≥3 yrs
Eric Nagle
Left since last filing
0
no seats appear to have opened
Hope Initiatives CDC Incorporated's network
7 people1 organisationi7 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Eric Nagle Chair | Board Chairperson | 2021 | 5 yrs |
| Arnis Sprancmanis | Board Secretary | 2023 | 3 yrs |
| Jerry Beilawski | Director at Large - Joined During Year | 2024 | 2 yrs |
| Lori Sousa-Meixell | Board Vice Chairperson - Resigned During Year | 2021 | 5 yrs |
| Michael Olson | Director at Large | 2021 | 5 yrs |
| Michael Shipman | Director at Large | 2022 | 4 yrs |
| Wayne Coleman | Director at Large - Resigned During Year | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Cheryl McKeiver | Finance Director - Thru Oct 2018 | 2019 |
| Dale Sedgwick | CEO - Thru 3/31/24 | 2024 |
| David DEY | Finance Director - As of Jan 2019 | since 2019 |
| Kimberly Faill | Finance Director - Nov 2018 Thru Jan 2019 | since 2018 |
| TIM McClure | CEO | 2024 |
| Virginia D Sedgwick | President and CEO - Resigned April 2024 | since 2018 |
Pay and hours
year to 30 September 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Tim Mclure | CEO | 37.5 | $96k | ||
| David Dey | Finance Director | 10 | $83k | ||
| Eric Nagle | Chairperson | 1 | $0 | ||
| Michael Olson | Treasurer | 1 | $0 | ||
| Michael Shipman | Director at Large | 1 | $0 | ||
| Arnis Sprancmanic | Secretary | 1 | $0 | ||
| Jeremy Bielawski | Director at Large | 1 | $0 |
About
- Legal name
- Hope Initiatives CDC Incorporated
- EIN
- 030374933
- Address
- 506 W Broad St, Rochester, NY, 14608-1802
- State
- New York
- Mission
- (as filed on the Form 990)
- Activity (NTEE)
- B90 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 4 (IRS master file code)
- Formed
- 2002
- Principal officer
- Tim McClure (as named on the Form 990)
- IRS ruling date
- 1 August 2002
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥5years on the filingsEric Nagle
≥5years on the filingsLori Sousa-Meixell
≥5years on the filingsMichael Olson
≥4years on the filingsMichael Shipman
Latest return
year to 30 September 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 September 2025. US dollars, as filed.- Total assets
- $337k
- Total liabilities
- $316k
- Net assets or fund balances
- $21k
- Contributions and grants received
- $123k
- Program service revenue
- $834k
- Grants and similar paid out
- $350
- Employees
- 15
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $1.1m | $1.1m | Deficit $63k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Hope Initiatives, Cdc, Incorporated likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: New York Department of State, active corporations (data.ny.gov n9v6-gdp6). Licence: New York open data terms of use. Data last fetched 18 October 2026.
- State
- New York
- Entity type
- Domestic Not-For-Profit Corporation
- Status
- Active
- Formed
- 6 June 2002
- Registered agent
- Not stated