Form 990 for tax year 2024
Filed by VISION HOPE COMMUNITY DEVELOPMENT CORPORATION INC.
Totals
- Total revenue
- $309,137
- Total expenses
- $204,245
- Contributions and grants received
- $308,658
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $371
- Other revenue
- $108
- Total assets, end of year
- $237,796
- Total liabilities, end of year
- $112
- Net assets or fund balances, end of year
- $237,684
- Program services expenses (Part IX)
- $123,027
- Management and general expenses
- $81,218
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $123,027
Program services were 60.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$58,664
-
1e · Government grants (contributions)
$43,119
-
1f · All other contributions, gifts and grants
$206,875
-
4 · Income from investment of tax-exempt bond proceeds
total $371 · related or exempt $371
-
5 · Royalties
total $60 · related or exempt $60
-
8a · Fundraising events: contributions included on line 1c
$58,664
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$56
-
10b · Cost of goods sold
$8
-
10c · Net income from sales of inventory
total $48 · related or exempt $48
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $123,027 · program services $123,027
-
5 · Compensation of officers, directors and key employees
total $40,569 · management and general $40,569
-
9 · Other employee benefits
total $11,117 · management and general $11,117
-
11c · Fees: accounting
total $483 · management and general $483
-
11g · Fees: other
total $2,423 · management and general $2,423
-
12 · Advertising and promotion
total $500 · management and general $500
-
13 · Office expenses
total $3,605 · management and general $3,605
-
14 · Information technology
total $1,844 · management and general $1,844
-
17 · Travel
total $13,163 · management and general $13,163
-
24a · Other expenses: VEHICLE
total $7,514 · management and general $7,514
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $132,904 · end of year $147,425
-
2 · Savings and temporary cash investments
end of year $90,371
-
17 · Accounts payable and accrued expenses
beginning of year $112 · end of year $112
-
27 · Net assets without donor restrictions
beginning of year $132,792 · end of year $237,684
Mission and programs · 2024
Mission
CHAMP LIFE SERVES AT-RISK AND UNDERPRIVILEDGED CHILDREN WITH A SPECIAL EMPHASIS ON FOSTER CHILDREN. CHAMP LIFE OFFERS 1 WEEK LONG RESIDENTIAL PROGRAM FOR ELEMENTARY AGE CHILDREN AS WELL AS WEEKLY KIDS PROGRAMS FOR CHILDREN IN UNDERPRIVILEGED NEIGHBORHOODS.
-
CHAMP LIFE SERVES AT-RISK AND UNDERPRIVILEDGED CHILDREN WITH A SPECIAL EMPHASIS ON FOSTER CHILDREN. CHAMP LIFE OFFERS 1 WEEK LONG RESIDENTIAL PROGRAM FOR ELEMENTARY AGE CHILDREN AS WELL AS WEEKLY KIDS PROGRAMS FOR CHILDREN IN UNDERPRIVILEGED NEIGHBORHOODS. CHAMP LIFE ALSO HOSTS SPECIAL EVENTS AND OFFERS SUPPORT AND RESOURCES TO CHILDREN AND FAMILIES IN NEED.
Expenses $123,027 · Grants $217,857
As filed on the 2024 return.
Listed in Part VII
-
NATHAN MAYES
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
KARLYN SEMLOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
TERRY V CARLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
MICHAEL MOLLOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
EDWARD SHEERER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
NATHAN MAYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0 + 1 related
-
COLLEEN DISHMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
SUE PACE
DIRECTOR OF COMMUNITY RELATIONS
- Total calculated
- $0
- Hours/week
- 0 + 5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202520719349300922
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