A Place For Hope Recovery And Wellness Center Inc
- Assets
- $238.9k
- Revenue
- $179.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Moorhead, MN
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 41-1922618
Organization Overview
A Place For Hope Recovery And Wellness Center Inc is located in Moorhead, MN. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, A Place For Hope Recovery And Wellness Center Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Place For Hope Recovery And Wellness 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 12/2023, A Place For Hope Recovery And Wellness Center Inc generated $179.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $231.2k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SAFE ENRICHING AND SUPPORTING ENVIRONMENT FOR ADULTS LIVING WITH A SERIOUS AND PERSISTENT MENTAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF A PLACE FOR HOPE IS TO PROVIDE A SAFE, ENRICHING AND SUPPORTIVE ENVIRONMENT FOR ADULTS LIVING WITH SPMI OR SMI. TO BUILD SOCIAL RELATIONSHIPS, PROMOTE PEER MENTORING, IMPROVE HEALTH AND PROVIDED EDUCATION OPPORTUNITES TO LEAD A SUCCESSFUL LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Ingersoll Secretary | Officer | 1 | $0 |
John Rowell Vice Chair | Officer | 1 | $0 |
Darrell Vasvick Exec Director | Officer | 40 | $0 |
Janice Tweet Board Member | Trustee | 1 | $0 |
Michelle Dahl Monroe Board Member | Trustee | 1 | $0 |
Ryan Goellner Chair | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,405 |
| Related organizations | $121,001 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,120 |
| Total Program Service Revenue | $0 |
| Investment income | $3,125 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,245 |
| 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. | $107,746 |
| Compensation of current officers, directors, key employees. | $96,971 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,005 |
| Payroll taxes | $8,243 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,714 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,797 |
| Advertising and promotion | $1,158 |
| Office expenses | $10,115 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,586 |
| Travel | $2,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,573 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $179 |
| Insurance | $2,932 |
| All other expenses | $0 |
| Total functional expenses | $231,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,440 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $134,172 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $238,863 |
| Accounts payable and accrued expenses | $7,444 |
| 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 | $7,444 |
| 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 | $89,893 |
| Retained earnings, endowment, accumulated income, or other funds | $141,526 |
| Total liabilities and net assets/fund balances | $238,863 |