Mortgage Professionals Providing Hope I
Mortgage Professionals Providing Hope I is a private foundation focused on International, Foreign Affairs & National Security, based in Santa Rosa Beach, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2K in total assets.
Mortgage Professionals Providing Hope I at a glance
- Total assets
- $1,888
- -7.1% vs 2024
- Expenses (2025)
- $144
- -98.4% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Mortgage Professionals Providing Hope I funds
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Mortgage Professionals Providing Hope I gives
- Giving fell 62% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $9K (2024) to $38K (2019). In 2024 it made 1 grant totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Renewed International Wheaton, IL | Services for the Poor | $8,625 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $1,888 | — | $144 | — | — | — | $97 |
| 2024 | $2,032 | $8,275 | $8,806 | $8,625 | 1 | $8,625 | $101 |
| 2023 | $2,563 | $14,128 | $17,315 | $16,500 | 2 | $16,500 | $281 |
| 2022 | $5,750 | $16,069 | $18,142 | $18,000 | 3 | $18,000 | $353 |
| 2021 | $7,823 | $24,460 | $22,878 | $22,491 | 7 | $22,491 | $388 |
| 2020 | $6,241 | $33,033 | $31,299 | $30,482 | 8 | — | $236 |
| 2019 | $4,507 | $24,179 | $42,924 | $38,310 | 11 | — | $734 |
Under IRS private-foundation payout rules, Mortgage Professionals Providing Hope I reported a distributable amount of $97 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Mortgage Professionals Providing Hope I is led by Dale Vermillion, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Dale Vermillion
President
On filings since 2019
4 hrs/week
No compensation reported
Jake Vermillion
Secretary
On filings since 2019
0.8 hrs/week
No compensation reported
Jessica Sousa
Treasurer
On filings since 2024
3.5 hrs/week
No compensation reported
Former officers (1)
- Former: Lynette Dungan (2019–2023) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Mortgage Professionals Providing Hope I
How large is Mortgage Professionals Providing Hope I?
Mortgage Professionals Providing Hope I reported $2K in total assets on its 2025 IRS Form 990-PF.
What is Mortgage Professionals Providing Hope I?
Mortgage Professionals Providing Hope I is a private foundation focused on International, Foreign Affairs & National Security, based in Santa Rosa Beach, FL. It holds $2K in total assets as of 2025.
Where does Mortgage Professionals Providing Hope I operate?
Mortgage Professionals Providing Hope I has awarded grants in Alabama, Florida, Georgia, Illinois, Texas, Virginia.
How much is Mortgage Professionals Providing Hope I required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Mortgage Professionals Providing Hope I reported a distributable amount of $97 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mortgage Professionals Providing Hope I's EIN?
Mortgage Professionals Providing Hope I's EIN (Employer Identification Number) is 20-5051856. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 3, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
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