Hope 101 Ministry Inc
- Assets
- $241.2k
- Revenue
- $95.5k
- Investments
- $0.0
- Employees
- 0
- Location
- White Cloud, MI
- Founding
- 04/2018
- Data as of
- 06/2022
- EIN
- 82-1095189
Organization Overview
Hope 101 Ministry Inc is located in White Cloud, MI. The organization was established in 2018. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 101 Ministry 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 06/2022, Hope 101 Ministry Inc generated $95.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $86.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFE, LOVING HOMES, OFFERING CHRISTIAN SUPPORT, FRIENDSHIP, AND DIRECTION TO EMPOWER PARTICIPANTS TO REACH BEYOND THEIR CIRCUMSTANCES TO A PLACE OF STABILITY AND SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST THOSE IN OUR COMMUNITY WHO ARE EXPERIENCING HOMELESSNESS TO MOVE FROM POVERTY TO PROSPERITY THROUGH A STRUCTURED PROGRAM OF GOAL-SETTING AND WORKING TOWARD SELF-SUFFICIENCY
ASSIST THOSE IN OUR COMMUNITY WHO ARE EXPERIENCING HOMELESSNESS TO MOVE FROM POVERTY TO PROSPERITY THROUGH A STRUCTURED PROGRAM OF GOAL-SETTING AND WORKING TOWARD SELF-SUFFICIENCY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Maatman Treasurer | OfficerTrustee | 3 | $0 |
Shari Meyer Secretary | OfficerTrustee | 1 | $0 |
Karen Nottelmann Chairperson | OfficerTrustee | 5 | $0 |
Brendan Hughes Member | Trustee | 1 | $0 |
Connie Johnson Member | Trustee | 1 | $0 |
Jim Rynberg 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 | $84,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,740 |
| Total Program Service Revenue | $0 |
| Investment income | $147 |
| 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 | $95,466 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $24,443 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,420 |
| Advertising and promotion | $0 |
| Office expenses | $101 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $45,316 |
| 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 | $7,131 |
| Insurance | $3,548 |
| All other expenses | $0 |
| Total functional expenses | $86,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,259 |
| Savings and temporary cash investments | $78,075 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $161,897 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $241,231 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $241,231 |
| 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 | $241,231 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hope 101 Ministry Inc has recieved totaling $24,260.
| Awarding Organization | Amount |
|---|---|
Fremont Area Community Foundation Fremont, MI PURPOSE: Assistance to the Poor; General Operating Support; Boiler Replacement | $18,180 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $6,010 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Rescue Mission Of Mahoning Valley Youngstown, OH | $10,421,726 | $4,223,090 |
Community Teaching Homes Inc Holland, OH | $1,337,006 | $2,516,239 |
Aya Youth Collective Grand Rapids, MI | $3,689,480 | $2,215,318 |
Community Care Organization Detroit, MI | $2,287,842 | $993,117 |
U Snap Bac Inc Detroit, MI | $660,187 | $852,889 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Springhill Housing Corporation Troy, MI | $5,265,545 | $1,342,262 |
Cots Inc Appleton, WI | $2,402,736 | $1,044,365 |
Live Rite Structured Recovery Corp Clay, MI | $1,037,743 | $826,023 |
Walking With Jesus Ministries South Bend, IN | $250,753 | $680,819 |
Corporate Housing Providers Association Indianapolis, IN | $1,106,889 | $553,739 |