Hopewell Industries Inc
- Assets
- $784.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 111
- Location
- Coshocton, OH
- Founding
- Data as of
- 12/2017
- EIN
- 31-0804268
Organization Overview
Hopewell Industries Inc is located in Coshocton, OH. As of 12/2017, Hopewell Industries Inc employed 111 individuals. Hopewell Industries Inc 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 12/2017, Hopewell Industries Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.2m during the year ending 12/2017. While expenses have increased by 5.2% per year over the past 3 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE WORK OPPORTUNITIES FOR THE DEVELOPMENTALLY DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUBASSEMBLY AND OTHER BUSINESS SERVICES PROVIDED TO COMMUNITY BUSINESSES, WITH THE WORK BEING PERFORMED BY DEVELOPMENTALLY DISABLED PEOPLE.
ADS- ADULT DAY SERVICE PROVIDING WORK AND HAB SERVICES FOR DEVELOPMENTALLY DISABLED.
PROVISIONS OF TRANSPORTATION SERVICES FOR DEVELOPMENTALLY DISABLED PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Zingg Board Member | Trustee | 1 | $0 |
Margaret Jones Board Member | Trustee | 1 | $0 |
Brad Hess Board Member | Trustee | 1 | $0 |
Kyle Richard Libby Board Member | Trustee | 1 | $0 |
Jenny Thompson Board Member | Trustee | 1 | $0 |
Russell Maroni Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,952 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,952 |
| Total Program Service Revenue | $1,149,576 |
| Investment income | $8,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,829 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,211,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,695 |
| Compensation of current officers, directors, key employees. | $122,695 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $558,012 |
| Pension plan accruals and contributions | $2,700 |
| Other employee benefits | $71,204 |
| Payroll taxes | $72,368 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,360 |
| Fees for services: Other | $24,879 |
| Advertising and promotion | $225 |
| Office expenses | $51,437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,623 |
| Travel | $45,922 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,597 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,609 |
| Insurance | $20,820 |
| All other expenses | $5 |
| Total functional expenses | $1,182,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,174 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,569 |
| Net Land, buildings, and equipment | $179,066 |
| Investments—publicly traded securities | $186,399 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $784,890 |
| Accounts payable and accrued expenses | $17,260 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,495 |
| Total liabilities | $27,755 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $757,135 |