Hope Medical Clinic Inc
- Assets
- $11.2m
- Revenue
- $6.5m
- Investments
- $89.5k
- Employees
- 55
- Location
- Ypsilanti, MI
- Founding
- 01/1989
- Data as of
- 12/2021
- EIN
- 38-2469007
Organization Overview
Hope Medical Clinic Inc is located in Ypsilanti, MI. The organization was established in 1989. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Hope Medical Clinic Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Medical Clinic 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 Medical Clinic Inc generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 6.3% 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
HOPE MEDICAL CLINIC, INC OPERATES A FREE MEDICAL AND DENTAL CLINIC FOR THE UNINSURED, A FOOD PANTRY. AND OTHER SOCIAL SERVICE PROGRAMS AIMED AT HELPING THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEDICAL CLINICS IN YPSILANTI AND WAYNE OPERATE 10 CLINICS PER WEEK AND HAD 2726 PATIENT VISITS AND REFERRALS FOR SPECIALTY CARE IN 2021 WITH PATIENTS WHO WERE WITHOUT MEDICAL INSURANCE. IN ADDITION, DURING 2021 HOPE SPONSORED A FREE ONSITE SIGHT CLINIC WITH THE SUPPORT OF THE UNIVERSITY OF MICHIGAN WITH 529 PATIENT VISITS. THE MEDICAL CLINICS ARE STAFFED PRIMARILY WITH VOLUNTEERS. DONATED SERVICES TOTALING $621,194 ARE NOT INCLUDED IN EXPENSES
DURING 2020 THE BASIC NEEDS PROGRAM PROVIDED FOR 12952 REQUESTS FOR FOOD ASSISTANCE AND LAUNDRY SERVICES. IN ADDITION, THE PROGRAM SERVED 31,520 MEALS IN AN EVEN GREATER RESPONSE TO THE PANDEMIC, AND PROVIDED 83,526 BABY ITEMS (BABY FOOD, DIAPERS, FORMULA) FROM 1,785 REQUESTS. NON-PROFESSIONAL VOLUNTEERS DONATED OVER 13,300 HOURS OF SERVICE.
HOPE'S DENTAL CLINIC NORMALLY OPERATES 5 DAYS A WEEK WITH 2 STAFF DENTISTS AND ADDITIONAL PROFESSIONAL VOLUNTEERS BOTH AT THE CLINIC AND IN THEIR SPECIALTY PRACTICES. THE PANDEMIC CONTINUED TO LIMIT OPERATIONS IN 2021 ALTHOUGH THE LEVEL OF SERVICES PROVIDED WERE EXPANDED WITH AN ESTIMATED MARKET VALUE OF OVER $350,000. IN 2021 THE DENTAL CLINIC HAD 1,125 PATIENT VISITS AND 85 REFERRALS FOR FREE SPECIALTY CARE. DONATED PROFESSIONAL SERVICES OF $118,079 ARE NOT INCLUDED IN EXPENSES.
IN 2021 HOPE WAS ABLE TO RESUME ITS EXPANSION OF ITS SOCIAL WORK DEPARTMENT AS THE LIMITATIONS IMPOSED ON DIRECT CLIENT CONTACT DUE TO THE PANDEMIC ABATED. HOPE ASSISTED CLIENTS NOT ONLY WITH HOPE SERVICES BUT IN PARTNERING WITH OTHER AGENCIES. HOPE'S LOCATIONS IN YPSILANTI AND WAYNE HAD 4,237 ADVOCACY VISITS. VOLUNTEER INTERNS FROM LOCAL UNIVERSITIES CONTRIBUTED ALONG WITH OTHER PROFESSIONAL CONTRIBUTED 1,370 HOURS OF SERVICE. (EXPENSES DO NOT INCLUDE A VALUATION OF THOSE SERVICES VALUED AT $54,648)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
M Douglas Campbell Cheif Executive Officer | Officer | 40 | $94,361 |
Daniel Foley Chairman | Trustee | 1 | $0 |
Dorothy Elliott RN Secretary | Trustee | 1 | $0 |
Richard Hendricks CPA Vice Chairman | Trustee | 5 | $0 |
Jill Fenske MD Director | Trustee | 1 | $0 |
Jennifer Baird Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $43,698 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,232 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,232,481 |
| Noncash contributions included in lines 1a–1f | $1,605,264 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,298,411 |
| Total Program Service Revenue | $0 |
| Investment income | $41,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $144,909 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,485,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,697,116 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,925 |
| Compensation of current officers, directors, key employees. | $21,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,418,222 |
| Pension plan accruals and contributions | $22,309 |
| Other employee benefits | $200,824 |
| Payroll taxes | $104,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $36,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,379 |
| Advertising and promotion | $13,864 |
| Office expenses | $55,105 |
| Information technology | $71,342 |
| Royalties | $0 |
| Occupancy | $147,582 |
| 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 | $108,766 |
| Insurance | $27,151 |
| All other expenses | $59,478 |
| Total functional expenses | $4,113,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,447,303 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $899,552 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $14,668 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,665 |
| Net Land, buildings, and equipment | $3,073,953 |
| Investments—publicly traded securities | $3,697,355 |
| Investments—other securities | $89,479 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,000 |
| Total assets | $11,240,975 |
| Accounts payable and accrued expenses | $130,123 |
| 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 | $0 |
| Total liabilities | $130,123 |
| Net assets without donor restrictions | $4,415,719 |
| Net assets with donor restrictions | $6,695,133 |
| 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 | $11,240,975 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Hope Medical Clinic Inc has recieved totaling $609,574.
| Awarding Organization | Amount |
|---|---|
Duffy Foundation Ann Arbor, MI PURPOSE: USE CONSISTENT W/501(C)(3) STATUS | $210,000 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $95,015 |
The J Ferrantino Charitable Foundation Ann Arbor, MI PURPOSE: HUMANITARIAN | $50,000 |
Food Gatherers Ann Arbor, MI PURPOSE: CAPACITY BUILDING | $38,184 |
Butterfield Memorial Foundation Oklahoma City, OK PURPOSE: DENTAL EQUIPMENT | $30,629 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $29,690 |
Endowment Analysis
| Beg. Balance | $3,156,198 |
| Earnings | $553,314 |
| Net Contributions | $80,000 |
| Other Expense | $2,678 |
| Ending Balance | $3,786,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Health Services Cleveland, OH | $15,673,887 | $20,519,755 |
Bellefonte Physician Services Inc Cincinnati, OH | $0 | $9,013,523 |
Lower Lights Christian Health Center Inc Columbus, OH | $12,538,833 | $18,716,137 |
Sch Professional Corporation Salem, OH | $1,689,607 | $8,909,689 |
Western Wayne Family Health Centers Inkster, MI | $16,037,298 | $17,730,874 |
Lakeland Immediate Care Center Cassopolis, MI | $27,798,669 | $17,988,669 |
M G H Family Health Center Muskegon Heights, MI | $12,784,619 | $16,954,638 |
Echo Community Health Care Inc Evansville, IN | $11,505,915 | $15,721,363 |
Oakland Intergrated Healthcare Network Pontiac, MI | $13,829,053 | $17,921,685 |
Community Health Centers Of Greater Dayton Dayton, OH | $4,848,889 | $14,181,884 |
Heart City Health Center Inc Elkhart, IN | $13,371,391 | $13,920,124 |
Heart Of Ohio Family Health Centers Columbus, OH | $12,925,185 | $14,304,530 |