Hopedale Community House Inc
- Assets
- $12.0m
- Revenue
- $866.8k
- Investments
- $10.7m
- Employees
- 0
- Location
- Hopedale, MA
- Founding
- 05/1945
- Data as of
- 07/2023
- EIN
- 04-2133252
Organization Overview
Hopedale Community House Inc is located in Hopedale, MA. The organization was established in 1945. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopedale Community House 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 07/2023, Hopedale Community House Inc generated $866.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $734.0k during the year ending 07/2023. While expenses have increased by 3.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAINING A COMMUNITY HOUSE AND GYMNASIUM FOR THE LOCAL RESIDENTS INCLUDING MEETING ROOMS, CONFERENCE ROOMS, AND SOCIAL ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William G Burrill Vice President/trustee | 0.5 | $0 | |
Peter S Ellis President/trustee | 0.5 | $0 | |
Frederick G Oldfield Treasurer/trustee | 1 | $0 | |
Christine H Burke Assistant Treas/trustee | 0.5 | $0 | |
Steven G Ellis Secretary/trustee | 0.5 | $0 | |
Daniel L Malloy Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $1,248 |
| Dividends & Interest | $499,296 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66,238 |
| Total Revenue | $866,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $320,604 |
| Pension plans, employee benefits | $45,398 |
| Interest | $0 |
| Taxes | $32,013 |
| Depreciation | $93,753 |
| Occupancy | $59,551 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $170,085 |
| Total operating and administrative expenses | $734,029 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $734,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299 |
| Savings and temporary cash investments | $209,042 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,523,800 |
| Net Land, buildings, and equipment | $1,073,817 |
| Other assets | $0 |
| Total assets | $12,005,354 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |