Skip to content
Nonprofiteer
← HOPE COMMUNITIES INC

Form 990 for tax year 2023

Filed by HOPE COMMUNITIES INC.

Totals

Total revenue
$4,617,030
Total expenses
$5,601,408
Contributions and grants received
$1,160,745
Grants paid
$0
Program service revenue
$3,146,263
Investment income
$72,729
Other revenue
$237,293
Total assets, end of year
$16,377,778
Total liabilities, end of year
$9,337,904
Net assets or fund balances, end of year
$7,039,874
Program services expenses (Part IX)
$4,874,182
Management and general expenses
$511,819
Fundraising expenses
$215,407
Program service expenses (Part III)
$4,874,182

Program services were 87.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Sharon A Knight

    President & CEO

    Total calculated
    $181,528
    From this org
    $160,984
    From related orgs
    $0
    Other
    $20,544
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,984
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $20,544
    Filer's total
    $181,528

  • Greg Glade

    Board Member

    Total calculated
    $0
    Hours/week
    0.61

  • Adam Riddle

    Board Member

    Total calculated
    $0
    Hours/week
    0.69

  • Emily Charlesworth

    Secretary

    Total calculated
    $0
    Hours/week
    0.69

  • Debbie Herrera

    Board Member

    Total calculated
    $0
    Hours/week
    0.42

  • Chuong Le

    Chairman

    Total calculated
    $0
    Hours/week
    0.74

  • Maggie Bolden

    Board Member

    Total calculated
    $0
    Hours/week
    0.6

  • Kelly Kaminskas

    Board Member

    Total calculated
    $0
    Hours/week
    0.6

  • Vanecia Kerr

    Board Member

    Total calculated
    $0
    Hours/week
    0.69

  • Kenneth Floyd

    Board Member

    Total calculated
    $0
    Hours/week
    0.68

  • Tracey Stewart

    Board Member

    Total calculated
    $0
    Hours/week
    0.48

  • Joseph Espinosa

    Board Member

    Total calculated
    $0
    Hours/week
    0.71

  • Jenica Shippy

    Treasurer

    Total calculated
    $0
    Hours/week
    0.41

  • Laurie Zeller

    Board Member

    Total calculated
    $0
    Hours/week
    1.11

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

  • 3 · Approval by the board or compensation committee

Answered no

  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CAROLTON CORPORATION

    C corp · HOLDING CO · CO · 100% owned · share of income $239,649 · share of assets $244,962

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
23 September 2024
IRS schema version
2023v5.1
Source object
202402679349300210

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.