Hope House Inc
- Assets
- $12.0m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 220
- Location
- Albany, NY
- Founding
- 06/1969
- Data as of
- 12/2021
- EIN
- 14-6050436
Organization Overview
Hope House Inc is located in Albany, NY. The organization was established in 1969. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Hope House Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope 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 12/2021, Hope House Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $8.8m during the year ending 12/2021. While expenses have increased by 4.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY MISSION OF HOPE HOUSE INC. IS TO RESPOND TO NEEDS IN THE COMMUNITY BY PROVIDING EDUCATION, INTERVENTION, AND TREATMENT TO PERSONS WHOSE LIVES HAVE BEEN AFFECTED BY ANY FORM OF CHEMICAL DEPENDENCY AND RELATED ISSUES. THE BOARD OF DIRECTORS AND STAFF ARE DEDICATED TO PROVIDING A VARIETY OF HIGH-QUALITY RESIDENTIAL, OUTPATIENT AND COMMUNITY-BASED SERVICES DEVELOPMENTALLY FOCUSED TO BOTH ADULT AND YOUTH POPULATIONS. THESE SERVICES ARE PROVIDED IRRESPECTIVE OF AGE, COLOR, CREED, DISABILITY, MARITAL STATUS, GENDER, NATIONAL ORIGIN, ARREST/CONVICTION RECORD, OR ABILITY TO PAY. ALL SERVICES STRIVE TO EMPOWER EVERY INDIVIDUAL AND FAMILY TO ACHIEVE THEIR HIGHEST LEVEL OF FUNCTIONING. IN ADDITION TO ENHANCING THE QUALITY OF LIFE OF THE PERSONS IT SERVES, THE AGENCY IS COMMITTED TO PROVIDING A SUPPORTIVE AND PROFESSIONAL WORK ENVIRONMENT FOR ITS STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL PROGRAMS - PROVIDES DRUG AND ALCOHOL USE TREATMENT TO INDIVIDUALS, APPROXIMATELY 356 SERVED.
CLINIC - PROVIDES ALCOHOL AND DRUG ABUSE TREATMENT ON AN OUTPATIENT BASIS. APPROXIMATELY 540 SERVED.
CASE MANAGEMENT AND SHELTER PLUS CARE. APPROXIMATELY 29 CLIENTS SERVED.
MISCELLANEOUS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Connally Executive Director | Officer | 40 | $144,605 |
Dawn Pasquarell Director Of Finance | Officer | 40 | $89,954 |
Kim Aichner Associate Executive Direct | Officer | 40 | $77,944 |
Marcia Mahoney Vice President | OfficerTrustee | 1 | $0 |
Richard Matacchiero Treasurer | OfficerTrustee | 1 | $0 |
Bishop Howard J Hubbard President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Kuettel Medical Services | 12/30/15 | $174,283 |
James Samenfeld-specht Psychiatrist | 12/30/15 | $138,078 |
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 | $12,660 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,660 |
| Total Program Service Revenue | $7,751,669 |
| Investment income | $1,110 |
| 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 | $8,070,527 |
| 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. | $351,544 |
| Compensation of current officers, directors, key employees. | $351,544 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,362,952 |
| Pension plan accruals and contributions | $86,471 |
| Other employee benefits | $378,370 |
| Payroll taxes | $390,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19,577 |
| Office expenses | $65,859 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $625,108 |
| 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 | $816,372 |
| Insurance | $155,955 |
| All other expenses | $431,014 |
| Total functional expenses | $8,826,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,150 |
| Savings and temporary cash investments | $1,027,779 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $432,887 |
| 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 | $150,277 |
| Net Land, buildings, and equipment | $9,976,264 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $374,283 |
| Total assets | $11,963,640 |
| Accounts payable and accrued expenses | $545,756 |
| Grants payable | $0 |
| Deferred revenue | $105,179 |
| 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 | $862,218 |
| Total liabilities | $1,513,153 |
| Net assets without donor restrictions | $2,187,392 |
| Net assets with donor restrictions | $8,263,095 |
| 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 | $11,963,640 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope House Inc has recieved totaling $677,096.
| Awarding Organization | Amount |
|---|---|
Cares Of Ny Inc Albany, NY PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE UNIFIED FUNDING AGENCY (UFA) PROGRAM. | $676,846 |
Lpl Financial Foundation Inc Boston, MA PURPOSE: OPERATIONAL SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower Eastside Service Center Inc New York, NY | $18,518,556 | $19,028,125 |
Victory Programs Inc Boston, MA | $13,484,459 | $20,494,134 |
Net Treatment Services Inc Philadelphia, PA | $7,104,223 | $17,590,215 |
John Brooks Recovery Center A New Jersey Nonprofit Corporation Pleasantville, NJ | $23,277,544 | $17,818,306 |
National Association On Drug Abuse Problems New York State Inc New York, NY | $7,722,509 | $16,122,188 |
New Hope Integrated Behavioral Health Care Marlboro, NJ | $14,997,525 | $18,658,618 |
Southwest Behavioral Care Inc Charleroi, PA | $4,655,693 | $16,384,731 |
Maryville Inc Turnersville, NJ | $11,477,479 | $15,455,103 |
Merakey Parkside Recovery Lafayette Hill, PA | $6,334,030 | $14,518,954 |
Horizon House Inc Philadelphia, PA | $38,584,419 | $28,628,800 |
Midwestern Connecticut Council Of Alcoholism Inc Danbury, CT | $14,682,588 | $14,280,578 |
Connecticut Renaissance Inc Shelton, CT | $3,197,741 | $13,899,862 |