New Hope Village
- Assets
- $16.1m
- Revenue
- $19.9m
- Investments
- $1.9m
- Employees
- 499
- Location
- Carroll, IA
- Founding
- 12/1975
- Data as of
- 09/2021
- EIN
- 42-1036748
Organization Overview
New Hope Village is located in Carroll, IA. The organization was established in 1975. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, New Hope Village employed 499 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Village 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 09/2021, New Hope Village generated $19.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $17.4m during the year ending 09/2021. While expenses have increased by 3.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE QUALITY OF LIFE FOR INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CARE AND SERVICES FOR INDIVIDUALS WITH DISABILITIES. APPROXIMATELY 200 DISABLED ADULTS ARE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Mart Former Executive Director | 40 | $189,049 | |
Lean Taylor Assistant Executive Direct | 40 | $138,179 | |
Danielle Fineran Interim CFO | Officer | 40 | $79,494 |
Steve Kopecky Executive Director | Officer | 40 | $26,732 |
Barb Toohey President | OfficerTrustee | 3 | $0 |
Josie Bengford Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $295,850 |
| Government grants | $3,897,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,360,957 |
| Noncash contributions included in lines 1a–1f | $1,360,732 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,554,212 |
| Total Program Service Revenue | $14,135,339 |
| Investment income | $47,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,473 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $149,028 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,892,744 |
| 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. | $576,283 |
| Compensation of current officers, directors, key employees. | $576,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,181,806 |
| Pension plan accruals and contributions | $199,603 |
| Other employee benefits | $1,275,452 |
| Payroll taxes | $857,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,981 |
| Fees for services: Accounting | $19,534 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $247,958 |
| Advertising and promotion | $135,206 |
| Office expenses | $18,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $734,635 |
| Travel | $87,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,271 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $452,577 |
| Insurance | $119,085 |
| All other expenses | $137,331 |
| Total functional expenses | $17,360,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,496,948 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,018,416 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $111,204 |
| Prepaid expenses and deferred charges | $278,903 |
| Net Land, buildings, and equipment | $5,086,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,934,637 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $157,530 |
| Total assets | $16,084,175 |
| Accounts payable and accrued expenses | $1,425,453 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $125,516 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $216,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,767,173 |
| Net assets without donor restrictions | $14,317,002 |
| 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 | $16,084,175 |
Grants Awarded
Over the last fiscal year, New Hope Village has awarded $1,494,788 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Carroll, IA PURPOSE: TO GIVE THE PROCEEDS FROM STOCK AND LAND SALES TO FOUNDATION ENDOWMENT TO CONTINUE TO THE MISSION | $814,106 |
NEW HOPE PROPERTIES INC PURPOSE: TO SET UP NEW COMPANY TO FURTHER PURSUE THE MISSION OF NEW HOPE BY CONTINUTING TO PROVIDE SERVICES TO THE COMMUNITY | $680,682 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hope Village has recieved totaling $213.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $213 |
Endowment Analysis
| Beg. Balance | $3,943,998 |
| Earnings | $922,165 |
| Net Contributions | $382,840 |
| Other Expense | $207,341 |
| Ending Balance | $5,041,662 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Cerebral Palsy Seguin Of Greater Chicago Cicero, IL | $32,660,906 | $46,527,213 |
Envision Unlimited Chicago, IL | $25,420,820 | $44,628,110 |
Community Living Options Inc Galesburg, IL | $134,278,097 | $37,185,624 |
Association For Individual Development Aurora, IL | $21,039,653 | $39,395,517 |
The Whole Person Inc Kansas City, MO | $13,109,410 | $33,207,318 |
Milestone Inc Loves Park, IL | $23,166,616 | $34,095,532 |
South Dakota Achieve Sioux Falls, SD | $23,004,202 | $35,665,528 |
St Louis Arc Inc St Louis, MO | $31,978,469 | $30,887,504 |
Accessible Space Inc St Paul, MN | $38,094,319 | $21,720,630 |
Balance Autism Altoona, IA | $18,713,140 | $21,908,503 |
Exceptional Persons Inc Waterloo, IA | $16,374,370 | $21,131,574 |
Apostolic Christian Lifepoints Inc Morton, IL | $42,471,151 | $22,063,470 |