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← HOPE OF THE VALLEY RESCUE MISSION

Form 990 for tax year 2024

Filed by HOPE OF THE VALLEY RESCUE MISSION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 21 April 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$88,440,127 changed to $85,134,218
Total expenses
$81,900,629 changed to $81,481,463
Contributions and grants received
$80,150,682 changed to $78,729,925
Program service revenue
$7,113,395 changed to $7,113,404
Investment income
$1,836,182 changed to $71,121
Other revenue
-$660,132 changed to -$780,232
Total assets, end of year
$280,753,896 changed to $281,940,068
Total liabilities, end of year
$197,229,364 changed to $200,144,520
Net assets or fund balances, end of year
$83,524,532 changed to $81,795,548
Program services expenses
$76,089,457 changed to $75,098,428
Management and general expenses
$3,605,129 changed to $4,175,428
Fundraising expenses
$2,206,043 changed to $2,207,607
Program service expenses (Part III)
$76,089,457 changed to $75,098,428

Totals

Total revenue
$88,440,127
Total expenses
$81,900,629
Contributions and grants received
$80,150,682
Grants paid
$0
Program service revenue
$7,113,395
Investment income
$1,836,182
Other revenue
-$660,132
Total assets, end of year
$280,753,896
Total liabilities, end of year
$197,229,364
Net assets or fund balances, end of year
$83,524,532
Program services expenses (Part IX)
$76,089,457
Management and general expenses
$3,605,129
Fundraising expenses
$2,206,043
Program service expenses (Part III)
$76,089,457

Program services were 92.9% 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.

  • 1a · Federated campaigns

    $128,505

  • 1c · Fundraising events

    $974,188

  • 1e · Government grants (contributions)

    $72,444,983

  • 1f · All other contributions, gifts and grants

    $6,603,006

  • 1g · Noncash contributions included above

    $1,012,609

  • 2a · Program service revenue: THRIFT STORES

    total $6,881,494 · related or exempt $6,881,494

  • 2b · Program service revenue: DEVELOPER FEE

    total $231,901 · related or exempt $231,901

  • 3 · Investment income

    total $1,836,182 · excluded $1,836,182

  • 6a · Gross rents

    real property $9,019

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $9,019

  • 6d · Net rental income or loss

    total $9,019 · excluded $9,019

  • 8a · Fundraising events: gross income

    $16,281

  • 8a · Fundraising events: contributions included on line 1c

    $974,188

  • 8b · Fundraising events: direct expenses

    $805,714

  • 8c · Net income from fundraising events

    total -$789,433 · excluded -$789,433

  • 11a · Other revenue: MISCELLANEOUS

    total $120,282 · related or exempt $120,282

  • 11e · Other revenue, total

    $120,282

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,004,451 · program services $718,071 · management and general $31,220 · fundraising $255,160

  • 7 · Other salaries and wages

    total $33,736,965 · program services $32,445,799 · management and general $368,039 · fundraising $923,127

  • 8 · Pension plan contributions

    total $6,315 · management and general $6,315

  • 9 · Other employee benefits

    total $5,838,982 · program services $5,709,160 · management and general $49,800 · fundraising $80,022

  • 10 · Payroll taxes

    total $2,739,191 · program services $2,616,923 · management and general $41,250 · fundraising $81,018

  • 11b · Fees: legal

    total $17,332 · management and general $17,332

  • 11c · Fees: accounting

    total $275,452 · management and general $275,452

  • 11e · Fees: professional fundraising services

    total $225,916 · fundraising $225,916

  • 11g · Fees: other

    total $17,428,992 · program services $17,218,971 · management and general $63,771 · fundraising $146,250

  • 12 · Advertising and promotion

    total $96,557 · program services $10,137 · fundraising $86,420

  • 13 · Office expenses

    total $2,365,276 · program services $2,076,882 · management and general $144,313 · fundraising $144,081

  • 14 · Information technology

    total $466,397 · program services $176,634 · management and general $75,979 · fundraising $213,784

  • 16 · Occupancy

    total $5,825,565 · program services $5,499,649 · management and general $325,915 · fundraising $1

  • 17 · Travel

    total $314,746 · program services $284,096 · management and general $20,386 · fundraising $10,264

  • 19 · Conferences, conventions and meetings

    total $67,364 · program services $25,374 · management and general $21,653 · fundraising $20,337

  • 20 · Interest

    total $1,292,261 · program services $310,975 · management and general $981,286

  • 22 · Depreciation, depletion and amortization

    total $2,478,046 · program services $2,274,824 · management and general $203,222

  • 23 · Insurance

    total $2,021,091 · program services $1,128,103 · management and general $892,034 · fundraising $954

  • 24a · Other expenses: CLIENT SPECIFIC ASSISTA

    total $3,316,261 · program services $3,316,261

  • 24b · Other expenses: REPAIR & MAINTENANCE

    total $1,551,783 · program services $1,488,140 · management and general $44,934 · fundraising $18,709

  • 24c · Other expenses: DONATED MATERIALS/SUPPL

    total $622,088 · program services $622,088

  • 24d · Other expenses: PET ASSISTANCE

    total $157,011 · program services $157,011

  • 24e · All other expenses

    total $52,587 · program services $10,359 · management and general $42,228

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,083,165 · end of year $87,355,113

  • 2 · Savings and temporary cash investments

    beginning of year $269,963 · end of year $210,496

  • 3 · Pledges and grants receivable

    beginning of year $16,150,130 · end of year $18,396,259

  • 4 · Accounts receivable

    beginning of year $17,160 · end of year $10,583

  • 8 · Inventories for sale or use

    beginning of year $974,578 · end of year $1,052,996

  • 9 · Prepaid expenses and deferred charges

    beginning of year $762,803 · end of year $891,543

  • 10a · Land, buildings and equipment: cost or other basis

    $174,451,815

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,931,215

  • 10c · Land, buildings and equipment, net

    beginning of year $97,013,865 · end of year $167,520,600

  • 14 · Intangible assets

    beginning of year $10,486 · end of year $8,316

  • 15 · Other assets

    beginning of year $6,231,671 · end of year $5,307,990

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,117,997 · end of year $8,648,362

  • 18 · Grants payable

    beginning of year $4,891,447 · end of year $2,425,827

  • 19 · Deferred revenue

    beginning of year $21,981,962 · end of year $156,824,883

  • 20 · Tax-exempt bond liabilities

    beginning of year $10,821,726 · end of year $10,591,139

  • 23 · Secured mortgages and notes payable

    beginning of year $6,216,984 · end of year $11,065,908

  • 25 · Other liabilities

    beginning of year $10,824,950 · end of year $7,673,245

  • 27 · Net assets without donor restrictions

    beginning of year $78,658,755 · end of year $83,524,532

Mission and programs · 2024

Mission

TO ATTRACT PEOPLE/RESOURCES TO ASSIST THE NEEDS OF EVERY HUNGRY HOMELESS PERSON IN THE VALLEY.

  • HOPE THE MISSION OPERATES SEVERAL RESIDENTIAL FACILITIES INCLUDING THE GENESIS HOUSE FOR HOMELESS FAMILIES, THE HOUSE OF HOPE FOR MEN RECOVERING FROM ADDICTION, AND TWO TRANSITIONAL BRIDGE HOUSING SHELTERS FOR MEN AND WOMEN WHILE LOCATING PERMANENT HOUSING. HOPE OF THE VALLEY OPERATES THREE ADULT SHELTERS: THE 87 BED RAYMER SHELTER THAT OPENED IN JUNE 2020, THE 100 BED VAN NUYS BRIDGE HOME SHELTER AND THE COLD WEATHER SHELTER IN THE SAN FERNANDO VALLEY. FURTHERMORE, HOTV OPERATES THREE FAMILY SHELTERS WITH A TOTAL OF 130 BEDS AND A TAY YOUTH SHELTER WITH 30 BEDS. IN 2022, THE MISSION OPENED THE 107-UNIT TREBEK CENTER IN NORTHRIDGE, AND IN 2023, IT SUCCESSFULLY LAUNCHED THE 100-UNIT, 400-BED WOODLANDS FAMILY SHELTER IN WOODLAND HILLS. ADDITIONALLY, THE MISSION OPENED A 52-UNIT FAMILYSHELTER ON SIERRA HIGHWAY (CONT. ON SCH. O) IN LANCASTER. ADDITIONALLY, THE MISSION OPERATES TINY HOMES IN DIFFERENT AREAS. EACH CLIENT RECEIVES A WARM, SAFE PLACE TO SLEEP, A HOT DINNER AND BREAKFAST AS WELL AS CASE MANAGEMENT TO ASSIST THEM WITH STRATEGIES AND SOLUTIONS TO END THEIR HOMELESSNESS

    Expenses $55,634,439 · Revenue $231,901

  • HOPE OF THE VALLEY THRIFTS STORES ARE A VITAL PART OF OUR PROGRAMMING, POVIDING JOB TRAINING FOR THE MEN AND WOMEN IN OUR VARIOUS PROGRAMS. CLIENTS LEARN RESPONBILITY, CLEANLINESS, INVENTORY, CUSTOMER SERVICE, ACCOUNTING AND SALES. THE THRIFT STORES ALSO PROVIDE MUCH NEEDED CLOTHING AND HOUSHOLD ITEMS AT GREATLY REDUCED PRICES FOR THE ECONICALLY CHALLENGED IN OUR COMMUNITY. THRIFT STORE DONATIONS ARE ALSO USED TO PROVIDE CLOTHING FOR OUR SHOWER PROGRAMS AND HOUSEHOLD ITEMS FOR INDIVIDUALS AND FAMLIES MOVING INTO PERMANENT HOUSING.

    Expenses $6,255,520 · Revenue $6,881,494

  • THE MISSION OPERATES THE HELP CENTER IN VAN NUYS AND THE NAVIGATION CENTER IN NORTH HOLLYWOOD WHICH OFFERS EMERGENCY SERVICES TO HOMELESS INDIVIDUALS LIVING ON THE STREETS SUCH AS SHOWERS, HOT MEALS, CLEAN CLOTHES AND CASE MANAGEMENT.

    Expenses $2,930,002

  • OTHER PROGRAMS INCLUDE MENTAL HEALTH, INSIDE SAFE, JOB LABOR AND FOOD SERVICES

    Expenses $11,269,496 · Revenue $120,282

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Theresa Jackson

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    3

  • Veronica Saucedo

    CHAIRWOMAN

    Total calculated
    $0
    Hours/week
    3

  • Joyce White

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Linda Mendoza

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Febe Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Troy Bagwell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jeff Biederman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bibliana Bovery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Morgan Cohen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Josh Cumbee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Steve Goddard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ronaldo Juniel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jim Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eric Liebman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Asif Mahmood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barbara Margolis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dolores Park

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Laura Pope

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dave Reyna

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sandy Shadrow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Corrie Sommers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ron Stern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tim Winters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Teresa Wolfe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ken Craft

    CEO

    Total calculated
    $214,459
    From this org
    $97,930
    From related orgs
    $0
    Other
    $116,529
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $76,077
    Bonus
    $10,000
    Other
    $11,853
    Deferred
    $5,000
    Nontaxable benefits
    $111,529
    Filer's total
    $214,459

  • Rowan Vansleve

    PRESIDENT

    Total calculated
    $269,626
    From this org
    $259,884
    From related orgs
    $0
    Other
    $9,742
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $190,500
    Bonus
    $45,000
    Other
    $24,384
    Deferred
    $5,000
    Nontaxable benefits
    $4,742
    Filer's total
    $269,626

  • Tisha Shoemake

    CFO

    Total calculated
    $205,248
    From this org
    $196,509
    From related orgs
    $0
    Other
    $8,739
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $165,500
    Bonus
    $10,000
    Other
    $21,009
    Deferred
    $5,000
    Nontaxable benefits
    $3,739
    Filer's total
    $205,248

  • Stephen Morse

    CHIEF SOCIAL ENTERPRISE OFFICER

    Total calculated
    $223,939
    From this org
    $202,766
    From related orgs
    $0
    Other
    $21,173
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $160,856
    Bonus
    $20,000
    Other
    $21,910
    Deferred
    $5,000
    Nontaxable benefits
    $16,173
    Filer's total
    $223,939

  • Robert Rush

    CHIEF ORGANIZATIONAL DEVELOPMENT OFFICER

    Total calculated
    $185,477
    From this org
    $171,546
    From related orgs
    $0
    Other
    $13,931
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $156,868
    Bonus
    $10,000
    Other
    $4,678
    Deferred
    $5,000
    Nontaxable benefits
    $8,931
    Filer's total
    $185,477

  • Frederick Caparoso

    SENIOR DIRECTOR OF FINANCE

    Total calculated
    $150,857
    From this org
    $131,162
    From related orgs
    $0
    Other
    $19,695
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,162
    Bonus
    $5,000
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $17,195
    Filer's total
    $150,857

  • Laura Harwood

    SENIOR DIRECTOR OF PROGRAMS

    Total calculated
    $140,709
    From this org
    $128,751
    From related orgs
    $0
    Other
    $11,958
    Hours/week
    40

  • Gil R Mertz

    DIRECTOR OF STRATEGIC PHILANTHROPY

    Total calculated
    $138,691
    From this org
    $136,934
    From related orgs
    $0
    Other
    $1,757
    Hours/week
    40

  • Jason Moniz

    SENIOR DIRECTOR OF FOOD SERVICES

    Total calculated
    $150,894
    From this org
    $125,496
    From related orgs
    $0
    Other
    $25,398
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,496
    Bonus
    $5,000
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $22,898
    Filer's total
    $150,894

  • Phebie Zaky

    SENIOR DIRECTOR OF MENTAL HEALTH

    Total calculated
    $182,082
    From this org
    $170,250
    From related orgs
    $0
    Other
    $11,832
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,250
    Bonus
    $15,000
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $9,332
    Filer's total
    $182,082

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE CEO RECEIVED NONTAXABLE HOUSING ALLOWANCE OF $94,299.92.
PART I, LINE 7
OFFICERS AND KEY EMPLOYEE RECEIVED A DISCRETIONARY BONUS AT THE END OF THE TAX YEAR. THE BONUS WAS INCLUDED IN FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202543189349306509

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