Community Hope Inc is located in Parsippany, NJ. The organization was established in 1985. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Community Hope Inc employed 186 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Hope 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, Community Hope Inc generated $14.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $14.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
HELPING INDIVIDUALS, INCLUDING VETERANS, AND THEIR FAMILIES, OVERCOME MENTAL ILLNESS, ADDICTION, HOMELESSNESS AND POVERTY BY PROVIDING HOUSING AND SUPPORT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREVENTION PROGRAM DESIGNED TO ASSIST LOW-INCOME VETERAN FAMILIES IN SSVF - SUPPORTIVE SERVICES FOR VETERAN FAMILIES IS A HOMELESS MAINTAINING THEIR HOUSING AND/OR RAPIDLY RE-HOUSING HOMELESS VETERANS AND THEIR FAMILIES IN BERGEN, ESSEX, HUDSON, HUNTERDON, MIDDLESEX, MORRIS, PASSAIC, SOMERSET, SUSSEX, UNION, WARREN, MERCER, MONMOUTH, BURLINGTON AND OCEAN COUNTIES, NEW JERSEY. VETERAN FAMILIES RECEIVE CASE MANAGEMENT TO ASSIST THEM IN DEVELOPING A HOUSING STABILITY PLAN WHICH MAY INCLUDE SUPPORT SERVICES, FINANCIAL ASSISTANCE AND ACCESS TO SUPPORT BENEFITS.
CONSUMER PROGRAMS: THE ORGANIZATION PROVIDES RESIDENTIAL FACILITIES,INCLUDING HOUSING AND SUPPORT SERVICES TO PERSONS LIVING WITH MENTAL ILLNESS. THE ORGANIZATION SERVES THE ADULT RESIDENTS OF MORRIS, SUSSEX, SOMERSET AND WARREN COUNTIES AS WELL AS HOUSING FOR VETERANS. THE COMMUNITY RESIDENCES ARE STAFFED 24 HOURS PER DAY OR PROVIDED REGULARLY SCHEDULED VISITS IN APARTMENTS BY PROFESSIONAL COUNSELORS WHO PROVIDE AID WITH DAILY LIVING SKILLS, CRISIS INTERVENTION, AND MEDICATION MONITORING. THESE COUNSELORS ASSIST RESIDENCES IN TRANSITIONING BACK INTO THE COMMUNITY AND WORKFORCE AFTER PSYCHIATRIC HOSPITALIZATION.
VETERANS PROGRAM: HOPE FOR VETERANS IS A TRANSITIONAL HOUSING PROGRAM DEVELOPED BY COMMUNITY HOPE FOR VETERANS HAVING HONORABLY SERVED OUR COUNTRY IN TIME OF NEED WHO HAVE SINCE FALLEN UPON HARD TIMES. OPENED IN 2004 WITH 70 BEDS, IT IS THE LARGEST AND MOST COMPREHENSIVE PROGRAM FOR HOMELESS VETERANS IN NEW JERSEY. THE GOAL OF THE HOPE FOR VETERANS INITIATIVE IS TO PROVIDE A SAFE, SUPPORTIVE ENVIRONMENT WHEREIN FORMER SERVICEMEN AND WOMEN CAN START REBUILDING THEIR LIVES AND TRANSITION TO PERMANENT HOUSING UPON DISCHARGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carmine Deo Executive Director | Officer | 40 | $136,146 |
Marissa Fanelli Associate Executive Director | 40 | $106,964 | |
Robert Wick CFO | Officer | 40 | $88,926 |
Diana Lunt Vice President | OfficerTrustee | 1 | $0 |
John Iannetta President | OfficerTrustee | 1 | $0 |
Bruce Silver Secretary | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $859,017 |
Related organizations | $0 |
Government grants | $8,741,088 |
All other contributions, gifts, grants, and similar amounts not included above | $326,291 |
Noncash contributions included in lines 1a–1f | $199,311 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,926,396 |
Total Program Service Revenue | $4,461,450 |
Investment income | $5,215 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,375 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,405,150 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,260,524 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $207,235 |
Compensation of current officers, directors, key employees. | $207,235 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,706,003 |
Pension plan accruals and contributions | $21,063 |
Other employee benefits | $849,234 |
Payroll taxes | $545,337 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,323 |
Fees for services: Accounting | $151,535 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $306,883 |
Advertising and promotion | $16,053 |
Office expenses | $449,971 |
Information technology | $253,316 |
Royalties | $0 |
Occupancy | $1,036,451 |
Travel | $272,044 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $26,710 |
Interest | $30,756 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $282,784 |
Insurance | $254,639 |
All other expenses | $72,351 |
Total functional expenses | $14,752,212 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $416,131 |
Savings and temporary cash investments | $1,862 |
Pledges and grants receivable | $677,217 |
Accounts receivable, net | $82,870 |
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 | $223,306 |
Net Land, buildings, and equipment | $5,133,541 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $276,234 |
Total assets | $6,811,161 |
Accounts payable and accrued expenses | $1,143,204 |
Grants payable | $0 |
Deferred revenue | $132,539 |
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 | $2,248,334 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,754 |
Total liabilities | $3,536,831 |
Net assets without donor restrictions | $2,950,562 |
Net assets with donor restrictions | $323,768 |
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 | $6,811,161 |
Over the last fiscal year, we have identified 1 grants that Community Hope Inc has recieved totaling $15,000.
Awarding Organization | Amount |
---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: A PLACE TO CALL HOME FOR HOMELESS VETERANS | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Invision Customized Services Wexford, PA | $21,957,854 | $49,156,313 |
New Hope Community Inc Loch Sheldrake, NY | $56,719,806 | $50,703,594 |
Mcguire Memorial New Brighton, PA | $44,351,777 | $44,371,803 |
Crystal Run Village Inc Middletown, NY | $30,965,948 | $43,245,896 |
Community Systems Inc New Castle, DE | $12,408,911 | $38,947,718 |
Mercy Drive Inc Forest Hills, NY | $23,104,386 | $33,673,165 |
Community Interactions Inc Swarthmore, PA | $14,512,049 | $30,168,215 |
Childrens Home Of Wyoming Conference Binghamton, NY | $26,714,387 | $31,596,405 |
New Horizons Resources Inc Pleasant Valley, NY | $25,550,652 | $30,534,005 |
Brians House Incorporated Exton, PA | $19,033,856 | $26,774,855 |
St Christophers Inc Dobbs Ferry, NY | $13,148,042 | $21,659,382 |
Lincoln Hall Lincolndale, NY | $9,940,828 | $21,354,256 |