Mt Hope Community Development INC FY2021 filing

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Operating a home for the aged.

92¢ of each $1 spent went to programs.
$96K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $332K a year · 20% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$96K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$759K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
-25% vs prior year
Spent
$3.2M
To programs
92%
Net assets
$1.8M
By yearFY2020–FY2025
Revenue
$2.6M
FY2021▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$2.6M
FY2022$3.5M
FY2023$431K
FY2024$143K
FY2025$12K
Expenses
$3.2M
FY2021▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.1M
FY2021$3.2M
FY2022$4.2M
FY2023$1.5M
FY2024$220K
FY2025$15K
Net assets
$1.8M
FY2021▼ -24%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$1.8M
FY2022$1.2M
FY2023$126K
FY2024$3K
FY2025$0

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $2.9M Management & general 7% · $211K Fundraising 1% · $34K

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

12 people listed on the 990; $96K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrator/CEO
$80,003Pt VII · Sec A
Business Office Manager
$11,829Pt VII · Sec A
Administrator/CEO
$4,320Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Kelley Laswell$13,219$106,701$4,320—
Regina Terry——$80,003$70,693
Cassandra Elliott——$11,829$36,618

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Programs and updates

Mt Hope Community Development INC is a nonprofit organization based in Mt Hope, KS.

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Provided by the organization

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1 program · $2.9M · in their own filed words · FY2021
01

In 2021, MT hope community development provided skilled nursing care to patients in the MT hope nursing center, senior services to the MT hope community through the larsen senior center, and senior housing services and home health to residents through larsen apartments and MT hope home health.

$2.9Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$2.5M
Gifts and grantsLn 1h$107K
Other incomeLn 4–11$16K
Money outPt IX
$3.2M
Ln 25
Programscol B$2.9M
Managementcol C$211K
Fundraisingcol D$34K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$821K
Total assetsLn 16$2.6M
LiabilitiesLn 26$759K
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$107K
Government grantsLn 1e$90K
Fees for servicesLn 2g$2.5M
Investment incomeLn 3$2K
Other incomeLn 4–11$16K
Gains on assetsLn 7−$852
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$188K
SavingsLn 2$633K
Cash and savings togetherLn 1–2$821K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$17K
Total assetsLn 16$2.6M
LiabilitiesLn 26$759K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 594
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$821K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$1.5M$1.3M
Total assetsLn 16$3.2M$2.6M
LiabilitiesLn 26$796K$759K
Net assetsLn 32$2.4M$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$99K$99K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.4M$1.3M$67K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$185K$181K$4K
Payroll taxesLn 10$105K$103K$2K
Management feesLn 11a$0
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$10K$10K
Lobbying feesLn 11d$353$353
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$371K$370K$750$0
Advertising and promotionLn 12$60K$16K$9K$34K
Office expensesLn 13$172K$167K$5K
Information technologyLn 14$10K$10K$189
RoyaltiesLn 15$0
OccupancyLn 16$218K$215K$3K
TravelLn 17$4K$4K$48
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$571$1K
InterestLn 20$19K$19K$377
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$206K$202K$4K
InsuranceLn 23$47K$46K$904
Other expenses (24a–d)Ln 24$223K$220K$2K
All other expensesLn 24e$38K$38K
Total functional expensesLn 25$3.2M$2.9M$211K$34K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12K$15K−$3K$0 990 PDF
FY2024 $143K$220K−$77K$3K 990 PDF
FY2023 $431K$1.5M−$1.0M$126K 990 PDF
FY2022 $3.5M$4.2M−$662K$1.2M 990 PDF
FY2021 Viewing $2.6M$3.2M−$567K$1.8M 990 PDF
FY2020 $3.5M$3.1M$344K$2.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $2,606,574 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $660,981$106,879
I-9 Program service revenuePrior year $2,790,811$2,481,288
I-10 Investment incomePrior year $3,125$2,262
I-11 Other revenuePrior year $27,674$16,145
I-12 Total revenuePrior year $3,482,591$2,606,574
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,825,075$1,791,970
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,313,457$1,381,745
I-18 Total expensesPrior year $3,138,532$3,173,715
I-19 Revenue less expensesPrior year $344,059−$567,141
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,606,574 across 11 lines filed
VIII-1e Government grants$89,840
VIII-1f All other contributions, gifts and grants$17,039
VIII-1h Total contributions, gifts and grants$106,879
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,481,288$2,481,288
VIII-3 Investment incomeExcluded from tax $3,114$3,114
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$852−$852
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $16,145$16,145
VIII-12 Total revenueRelated to mission $2,481,288 · Excluded from tax $18,407$2,606,574
Part IX · Statement of functional expenses $3,173,715 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $98,685$98,685
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,336,516 · Management $66,667$1,403,183
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $181,466 · Management $3,594$185,060
IX-10 Payroll taxesPrograms $103,002 · Management $2,040$105,042
IX-11a Management fees$0
IX-11b Legal feesManagement $1,590$1,590
IX-11c Accounting feesManagement $10,400$10,400
IX-11d Lobbying feesManagement $353$353
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $369,910 · Management $750 · Fundraising $0$370,660
IX-12 Advertising and promotionPrograms $16,302 · Management $8,974 · Fundraising $34,416$59,692
IX-13 Office expensesPrograms $167,269 · Management $5,121$172,390
IX-14 Information technologyPrograms $9,537 · Management $189$9,726
IX-15 Royalties$0
IX-16 OccupancyPrograms $214,635 · Management $3,464$218,099
IX-17 TravelPrograms $3,988 · Management $48$4,036
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $571 · Management $1,137$1,708
IX-20 InterestPrograms $19,021 · Management $377$19,398
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $202,392 · Management $4,008$206,400
IX-23 InsurancePrograms $45,669 · Management $904$46,573
IX-24 Other expenses (24a–d)Programs $220,424 · Management $2,327$222,751
IX-24e All other expensesPrograms $37,969$37,969
IX-25 Total functional expensesPrograms $2,928,671 · Management $210,628 · Fundraising $34,416$3,173,715
Part X · Balance sheet $2,573,877 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $138,525$188,044
X-2 Savings and temporary cash investmentsStart of year $1,174,337$633,244
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $350,980$426,579
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $1,498,997$1,308,622
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $27,885$17,388
X-16 Total assetsStart of year $3,190,724$2,573,877
X-17 Accounts payable and accrued expensesStart of year $192,905$215,794
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $35,942$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $566,718$542,910
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $795,565$758,704
X-27 Net assets without donor restrictionsStart of year $2,395,159$1,815,173
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $2,395,159$1,815,173
X-33 Total liabilities and net assetsStart of year $3,190,724$2,573,877
Part XI · Reconciliation of net assets $1,815,173 net assets at year end
XI-1 Total revenue$2,606,574
XI-2 Total expenses$3,173,715
XI-3 Revenue less expenses−$567,141
XI-4 Net assets at start of year$2,395,159
XI-8 Prior period adjustments−$12,845
XI-10 Net assets at end of year$1,815,173

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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