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Nonprofiteer
← HOPE COMMUNITY CORPORATION

Form 990 for tax year 2022

Filed by HOPE COMMUNITY CORPORATION.

Totals

Total revenue
$29,569
Total expenses
$475,174
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$29,569
Other revenue
$0
Total assets, end of year
$15,214,351
Total liabilities, end of year
$271,068
Net assets or fund balances, end of year
$14,943,283
Program services expenses (Part IX)
$436,515
Management and general expenses
$38,066
Fundraising expenses
$593
Program service expenses (Part III)
$436,515

Program services were 91.9% 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.

  • 3 · Investment income

    total $29,569 · excluded $29,569

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $10,984 · management and general $10,984

  • 11g · Fees: other

    total $161,746 · program services $145,456 · management and general $16,290

  • 12 · Advertising and promotion

    total $593 · fundraising $593

  • 16 · Occupancy

    total $268,026 · program services $268,026

  • 17 · Travel

    total $72 · program services $72

  • 24a · Other expenses: OTHER

    total $29,852 · program services $20,896 · management and general $8,956

  • 24b · Other expenses: LICENSE FEES

    total $2,065 · program services $2,065

  • 24c · Other expenses: BANK FEES

    total $911 · management and general $911

  • 24d · Other expenses: DUES, FEES, SUBSCRIPTIONS

    total $890 · management and general $890

  • 24e · All other expenses

    total $35 · management and general $35

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,893,279 · end of year $245,854

  • 2 · Savings and temporary cash investments

    end of year $11,079,032

  • 8 · Inventories for sale or use

    end of year $440,668

  • 15 · Other assets

    beginning of year $106,013 · end of year $3,448,797

  • 17 · Accounts payable and accrued expenses

    end of year $271,068

  • 28 · Net assets with donor restrictions

    beginning of year $14,999,292 · end of year $14,943,283

Mission and programs · 2022

Mission

TO PROVIDE PERSON TO PERSON SERVICES TO ASCERTAIN AND FULFILL THE BASIC NEEDS FOR THOSE MOST AT RISK IN THE COMMUNITY. HOUSING IS A BASIC NEED AND THEREFORE, HOPE COMMUNITY CORPORATION SHALL DEPLOY ITS ASSETS AND RESOURCES TO, AMONG OTHER ACTIVITIES AND SERVICES, SPECIFICALLY PROMOTE AFFORDABLE HOUSING, INCLUDING BUT NOT LIMITED TO THE FABRICATION AND DEPLOYMENT OF MANUFACTURED HOMES FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION. HOPE COMMUNITY CORPORATION MAY ALSO ENGAGE IN THE PROVISION OF ANY AND ALL SERVICES AND PRODUCTS ANCILLARY TO AFFORDABLE HOUSING FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION.

  • TO PROVIDE PERSON TO PERSON SERVICES TO ASCERTAIN AND FULFILL THE BASIC NEEDS FOR THOSE MOST AT RISK IN THE COMMUNITY. HOUSING IS A BASIC NEED AND THEREFORE, HOPE COMMUNITY CORPORATION SHALL DEPLOY ITS ASSETS AND RESOURCES TO, AMONG OTHER ACTIVITIES AND SERVICES, SPECIFICALLY PROMOTE AFFORDABLE HOUSING, INCLUDING BUT NOT LIMITED TO THE FABRICATION AND DEPLOYMENT OF MANUFACTURED HOMES FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION. HOPE COMMUNITY CORPORATION MAY ALSO ENGAGE IN THE PROVISION OF ANY AND ALL SERVICES AND PRODUCTS ANCILLARY TO AFFORDABLE HOUSING FOR INDIVIDUALS WHO ARE HOUSING CHALLENGED IN HOPE COMMUNITY CORPORATION'S SOLE DISCRETION.

    Expenses $436,515

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Terrence McDonald

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Bethany Cartledge

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • William Van Vliet

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1

  • Tom Kemper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bruce Wood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wallace A Glausi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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
2022
Filed
11 April 2024
IRS schema version
2022v5.0
Source object
202431039349302203

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