Hopewell House For Indepenent Living
- Assets
- $168.8k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Centreville, VA
- Founding
- 11/2007
- Data as of
- 12/2023
- EIN
- 11-3811184
Organization Overview
Hopewell House For Indepenent Living is located in Centreville, VA. The organization was established in 2007. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell House For Indepenent Living is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hopewell House For Indepenent Living generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $6.0m during the year ending 12/2023. While expenses have increased by 24.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SAFE, SECURE ENNVIROMENT FOR TREATMENT AND EDUCATION TO RESIDENTS, AND ADULTS WITH MENTAL ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Felicia Richmond Executive Director | 40 | $115,259 | |
Morgan Mcculley Executive Director | 40 | $49,023 | |
Brendan Lewis President | 3 | $0 | |
Salem Woldu Group Home Manager | 40 | $50,975 | |
William Durham Group Home Manager | 40 | $60,681 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
James Taggart | 12/30/17 | $61,640 |
Donald L Pullen | 12/30/17 | $52,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,233,046 |
| Total Revenue | $3,234,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $164,282 |
| Other employee salaries and wages | $342,266 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,941 |
| Depreciation | $39,056 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $4,357 |
| Printing and publications | $210 |
| Other expenses | $2,894,414 |
| Total operating and administrative expenses | $3,558,022 |
| Contributions, gifts, grants paid | $2,450,980 |
| Total expenses and disbursements | $6,009,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,700 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $77,433 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,698 |
| Other assets | $0 |
| Total assets | $168,831 |
| Accounts payable and accrued expenses | $13,201 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,396 |
| Total liabilities | $17,597 |