Cancer Hope Network Inc
- Assets
- $1.6m
- Revenue
- $506.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Chester, NJ
- Founding
- 03/1986
- Data as of
- 12/2023
- EIN
- 22-2647316
Organization Overview
Cancer Hope Network Inc is located in Chester, NJ. The organization was established in 1986. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Cancer Hope Network Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cancer Hope Network 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 12/2023, Cancer Hope Network Inc generated $506.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $662.3k during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ONE-ON-ONE SUPPORT TO ALL PEOPLE IMPACTED BY CANCER FROM DIAGNOSIS THROUGH SURVIVORSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CANCER HOPE NETWORK, INC. INSTILLS HOPE IN CANCER PATIENTS AND THEIR LOVED ONES THORUGH 1:1 PEER SUPPORT FROM SURVIVORS AND CAREGIVERS WHO HAVE FACED A SIMILAR EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Byrnes Trustee | Trustee | 1 | $0 |
Michael Olesin Trustee | Trustee | 1 | $0 |
Jeremy Kaye Trustee | Trustee | 1 | $0 |
Beth Blakey Exec Dir & COO | OfficerTrustee | 37.5 | $100,635 |
Diane Paul Trustee | Trustee | 1 | $0 |
Dr Merry Jennifer Markham Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,018 |
| Membership dues | $0 |
| Fundraising events | $246,726 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,253 |
| Total Program Service Revenue | $0 |
| Investment income | $22,928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,866 |
| Net Income from Fundraising Events | -$27,660 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $506,387 |
| 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. | $100,635 |
| Compensation of current officers, directors, key employees. | $10,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,141 |
| Pension plan accruals and contributions | $3,335 |
| Other employee benefits | $4,672 |
| Payroll taxes | $25,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,922 |
| Advertising and promotion | $0 |
| Office expenses | $14,319 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,115 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,480 |
| Interest | $12,375 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,376 |
| Insurance | $12,147 |
| All other expenses | $9,810 |
| Total functional expenses | $662,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,158 |
| Savings and temporary cash investments | $27,761 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,764 |
| 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 | $810 |
| Net Land, buildings, and equipment | $137,661 |
| Investments—publicly traded securities | $1,387,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,628,816 |
| Accounts payable and accrued expenses | $35,011 |
| 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 | $450,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,719 |
| Total liabilities | $508,730 |
| Net assets without donor restrictions | $1,089,686 |
| Net assets with donor restrictions | $30,400 |
| 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 | $1,628,816 |