Hope Community Development Association INC: FY2022 Nonprofit Profile & Form 990 (EIN 27-2950701)

Revenue by fiscal year
FY2019	$400K
FY2020	$648K
FY2021	$783K
FY2022	$924K
FY2023	$923K
FY2024	$1.2M

Expenses by fiscal year
FY2019	$352K
FY2020	$486K
FY2021	$692K
FY2022	$940K
FY2023	$872K
FY2024	$1.1M

Net assets by fiscal year
FY2019	−$29K
FY2020	$134K
FY2021	$195K
FY2022	$158K
FY2023	$271K
FY2024	$387K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

89%

Program services 89% · $840K Management & general 6% · $56K Fundraising 5% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation

Betty Johnson

Director

$0Pt VII · Sec A

Mike Johnson

President

$0Pt VII · Sec A

Bob Kemmerer

Director

$0Pt VII · Sec A

Terry Knake

Vice President

$0Pt VII · Sec A

Travis Kolder

Treasurer

$0Pt VII · Sec A

Ken Kolek

Director

$0Pt VII · Sec A

Phil Resin

Director

$0Pt VII · Sec A

Summer Riley

Director

$0Pt VII · Sec A

See Hope Community Development Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes
Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps people find jobs and housing, empowering them to improve their lives.

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Provided by the organization

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3 programs · $840K · in their own filed words · FY2022

01

Supporting houses for participants in the life transformation and career training program. Life skills classes.

$344Kprogram expense

02

Acquisition and refurbishment of blighted houses to be sold to low-to-moderate income families. Home buyer closing COST/DOWN payment assistance.

$285Kprogram expense

03

Carreer training including on the job experience in construction, landscaping, and woodcrafts, as well as job preparation classes.

$212Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Donor Advised Charitable Giving INCFY2024$44K

Natl Christian Charitable Fdn INCFY2024$37K

Housing Fund for Linn CountyFY2024$25K

Mercy Medical CenterFY2024$15K

Fidelity Investments Charitable Gift FundFY2024$6K

Total grants receivedfrom 5 funders$127K

See all 5 funders →

Grants paid · 2 grants · $9K · 2022–2022

Unitemized GrantFY2022$5,500

Unitemized GrantFY2022$3,145

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$924K

Ln 12

Fees for servicesLn 2g$558K

Gifts and grantsLn 1h$366K

Money outPt IX

$940K

Ln 25

Programscol B$840K

Managementcol C$56K

Fundraisingcol D$43K

Owns and owesPt X

$158K

net assets · Ln 32

Cash and savingsLn 1–2$30K

Total assetsLn 16$1.1M

LiabilitiesLn 26$960K

PeoplePt VI, VII

10

listed · VII A

PaidVII A0

Voting boardVI 1a11

IndependentVI 1b10

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$366K

Government grantsLn 1e$10K

Fees for servicesLn 2g$558K

Total revenueLn 12$924K

Assets in detailPt X, end of year

CashLn 1$30K

Cash and savings togetherLn 1–2$30K

Land, buildings, equipmentLn 10c$489K

Total assetsLn 16$1.1M

LiabilitiesLn 26$960K

Net assetsLn 32$158K

OperationsPt I, VI

EmployeesI 530

VolunteersI 650

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$15K	$30K
Land, buildings, equipmentLn 10c	$441K	$489K
Total assetsLn 16	$705K	$1.1M
LiabilitiesLn 26	$531K	$960K
Net assetsLn 32	$174K	$158K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$423K	$423K
Other employee benefitsLn 9	$44K	$44K
Accounting feesLn 11c	$5K		$5K
Office expensesLn 13	$14K		$14K
Information technologyLn 14	$688		$688
TravelLn 17	$10K	$10K
InterestLn 20	$24K		$24K
Depreciation, depletion and amortizationLn 22	$17K	$17K
InsuranceLn 23	$41K	$28K	$13K
Other expenses (24a–d)Ln 24	$299K	$255K		$43K
All other expensesLn 24e	$63K	$63K
Total functional expensesLn 25	$940K	$840K	$56K	$43K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$1.2M	$1.1M	$116K	$387K	990 PDF
FY2023	$923K	$872K	$51K	$271K	990 PDF
FY2022 Viewing	$924K	$940K	−$16K	$158K	990 PDF
FY2021	$783K	$692K	$92K	$195K	990 PDF
FY2020	$648K	$486K	$163K	$134K	990 PDF
FY2019	$400K	$352K	$48K	−$29K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $924,428 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $243,812$366,354

I-9 Program service revenuePrior year $488,363$558,074

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $31,500$0

I-12 Total revenuePrior year $763,675$924,428

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $3,477$0

I-15 Salaries and benefitsPrior year $270,244$467,160

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $449,963$473,215

I-18 Total expensesPrior year $723,684$940,375

I-19 Revenue less expensesPrior year $39,991−$15,947

Part VI · Governance 10 of 11 board members independent, 2 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members10

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $924,428 across 5 lines filed

Lines not itemized here account for $1,231 of total revenue; see the IRS return.

VIII-1e Government grants$10,000

VIII-1f All other contributions, gifts and grants$356,354

VIII-1h Total contributions, gifts and grants$366,354

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $556,843$556,843

VIII-12 Total revenueRelated to mission $558,074 · Unrelated business $0 · Excluded from tax $0$924,428

Part IX · Statement of functional expenses $940,375 across 11 lines filed

IX-7 Other salaries and wagesPrograms $423,287$423,287

IX-9 Other employee benefitsPrograms $43,873$43,873

IX-11c Accounting feesManagement $4,858$4,858

IX-13 Office expensesManagement $14,018$14,018

IX-14 Information technologyManagement $688$688

IX-17 TravelPrograms $9,993$9,993

IX-20 InterestManagement $23,870$23,870

IX-22 Depreciation, depletion and amortizationPrograms $17,399$17,399

IX-23 InsurancePrograms $28,159 · Management $13,009$41,168

IX-24 Other expenses (24a–d)Programs $255,245 · Fundraising $43,441$298,686

IX-24e All other expensesPrograms $62,535$62,535

IX-25 Total functional expensesPrograms $840,491 · Management $56,443 · Fundraising $43,441$940,375

Part X · Balance sheet $1,117,935 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $14,766$30,320

X-8 Inventories for sale or useStart of year $237,863$562,782

X-9 Prepaid expenses and deferred chargesStart of year $10,656$36,226

X-10c Land, buildings and equipment, netStart of year $441,288$488,607

X-16 Total assetsStart of year $704,573$1,117,935

X-17 Accounts payable and accrued expensesStart of year $18,251$6,743

X-25 Other liabilitiesStart of year $74,236$263,661

X-26 Total liabilitiesStart of year $530,914$960,223

X-27 Net assets without donor restrictionsStart of year $173,659$157,712

X-32 Total net assets or fund balancesStart of year $173,659$157,712

X-33 Total liabilities and net assetsStart of year $704,573$1,117,935

Part XI · Reconciliation of net assets $157,712 net assets at year end

XI-1 Total revenue$924,428

XI-2 Total expenses$940,375

XI-3 Revenue less expenses−$15,947

XI-4 Net assets at start of year$173,659

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$157,712

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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Hope Community Development Association INC FY2022 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Hope Community Development Association INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV