Hope Community Center Inc
- Assets
- $906.2k
- Revenue
- $489.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Adrian, MI
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 38-2177974
Organization Overview
Hope Community Center Inc is located in Adrian, MI. The organization was established in 1977. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Hope Community Center Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Community Center 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 12/2021, Hope Community Center Inc generated $489.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $329.0k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND RECREATIONAL OPPORTUNITIES TO THE PHYSICALLY OR MENTALLY HANDICAPPED IN LENAWEE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EDUCATIONAL AND RECREATIONAL OPPORTUNITIES TO THE PHYSICALLY OR MENTALLY HANDICAPPED IN LENAWEE COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fallon Bull Executive Director | Trustee | 40 | $55,000 |
Tom Keith Board Vice Chair | Officer | 1 | $0 |
Becky Schersten Secretary | Officer | 1 | $0 |
Kelly Cichy Board Chair | Officer | 1 | $0 |
Brad Harsh Treasurer | Officer | 1 | $0 |
Sharon Vantuyle Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $50,208 |
| Related organizations | $0 |
| Government grants | $42,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $353,157 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $445,682 |
| Total Program Service Revenue | $0 |
| Investment income | $23,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $20,640 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,615 |
| 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. | $55,000 |
| Compensation of current officers, directors, key employees. | $13,750 |
| Compensation to disqualified persons | $122,669 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,202 |
| Payroll taxes | $15,253 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,053 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,512 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,226 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,977 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,266 |
| Insurance | $14,319 |
| All other expenses | $19,246 |
| Total functional expenses | $329,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,327 |
| Savings and temporary cash investments | $82,886 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,660 |
| 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 | $0 |
| Net Land, buildings, and equipment | $282,146 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $188,209 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $906,228 |
| Accounts payable and accrued expenses | $2,777 |
| Grants payable | $0 |
| Deferred revenue | $135,497 |
| 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 | $0 |
| Total liabilities | $138,274 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $906,228 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Community Center Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Bell Trust Tecumseh, MI PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Center Cincinnati, OH | $42,849,507 | $12,688,103 |
Greater Midland Community Centers Inc Midland, MI | $48,025,321 | $35,293,302 |
Neighborhood Alliance Lorain, OH | $4,241,501 | $5,326,902 |
Boys And Girls Club Of Kenosha Inc Kenosha, WI | $3,512,810 | $5,648,462 |
Kenosha Young Mens Christian Association Inc Kenosha, WI | $10,270,327 | $3,013,673 |
Neighborhood Club Grosse Pointe, MI | $14,484,889 | $2,773,010 |
Salem Community Center Association Inc Salem, OH | $10,935,309 | $2,579,852 |
Y B M C Corporation Pierceton, IN | $1,737,147 | $1,674,529 |
Appleton Ice Inc Appleton, WI | $3,343,881 | $1,343,806 |
Friendly House Association Of Mansfield Ohio Mansfield, OH | $4,175,699 | $1,472,609 |
Young Mens Christian Association Of Harrison County Inc Corydon, IN | $4,762,873 | $1,352,346 |
Muskingum Recreation Center Athens, OH | $10,076,429 | $12,250,910 |