Hope Enterprises Inc
- Assets
- $23.8m
- Revenue
- $23.4m
- Investments
- $135.2k
- Employees
- 402
- Location
- Williamsport, PA
- Founding
- 04/1987
- Data as of
- 06/2023
- EIN
- 23-2303287
Organization Overview
Hope Enterprises Inc is located in Williamsport, PA. The organization was established in 1987. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Hope Enterprises Inc employed 402 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Enterprises 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 06/2023, Hope Enterprises Inc generated $23.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $22.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING SUPPORT AND SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE ENTERPRISES, INC. WAS DEVELOPED IN 1952 TO ENHANCE THE QUALITY OF LIFE FOR PEOPLE WITH INTELLECTUAL DIABILITIES. WITH COMPREHENSIVE SERVICES THROUGH SEVEN COUNTIES IN CENTRAL PENNSYLVANIA, OUR VISION IS TO PROVIDE AN INDIVIDUALIZED APPROACH THAT ALLOWS EACH PERSON THE OPPORTUNITY TO LIVE AN EVERYDAY LIFE. HOPE IS COMMITTED TO PROVIDING SERVICES THAT SUPPORT THOSE WITH DISABILITIES TO LIVE A LIFE, NO DIFFERENT THAN ANY OTHER CITIZEN. OUR ROLE IS TO SUPPORT THE CHOICES THAT GIVE PEOPLE THE RELATIONSHIPS, RIGHTS, AND RESPONSIBILITIES TO BE A MEMBER OF THEIR OWN COMMUNITY. OVER THE LAST 70 YEARS, HOPE HAS CONTINUED TO BE A FRONT-RUNNER IN SUPPORTING THOSE WITH INTELLECTUAL DISABILITIES ACROSS CENTRAL PENNSYLVANIA.
IN APRIL OF 2020, HOPE BEGAN TO REVISIT HOW WE SUPPORT A PERSON'S EVERYDAY INTERESTS AND GOALS. WITH AN IN-HOME AND COMMUNITY FOCUS, HOPE TRANSITIONED TO CHOICE SERVICES TO OFFER A ONE-ON-ONE SERVICE THAT IS UNIQUE TO EACH PERSON. WHETHER THAT'S VOLUNTEERING, EMPLOYMENT, INCREASING INDEPENDENCE, SOCIALIZATION, OR PURSUING ADDITIONAL EDUCATION, HOPE'S STAFF IS HERE TO SUPPORT CHOICE IN AN EVERYDAY LIFE. IN 2022, PARTNERSHIPS HAVE ALLOWED HOPE'S CHOICE SERVICES TO LAUNCH MULTIPLE "HUBS" TO OFFER SOCIALIZATION, WELLNESS, AND COMMUNITY INTEGRATION AT LOCAL YMCAS AND CHURCHES. THESE SPACES ALLOW THOSE PREVIOUSLY SUPPORTED IN A FACILITY-BASED SERVICE TO EXPAND THEIR OPPORTUNITIES AND ACHIEVE THEIR PERSONAL INTERESTS AND GOALS. HOPE'S CHILDREN'S CAMPUS IS HOME TO THE SPECIAL SUPPLEMENTAL NUTRITION PROGRAM FOR WOMEN, INFANTS, AND CHILDREN, KNOWN AS WIC. IN LYCOMING COUNTY, THE CHILDREN'S CAMPUS HOSTS THE ALLONE AUTISM COLLABORATIVE CENTERS OF EXCELLENCE (ACCE), STEP INC.'S EARLY HEAD START PROGRAM, AND THE UPMC PEDIATRIC REHABILITATION CLINIC. HOPE ALSO OVERSEES THE WIC PROGRAM IN CLINTON COUNTY, WHICH SERVES OVER 700 CLIENTS IN A GIVEN MONTH AND HAS INCREASED TELEHEALTH EFFORTS FOR THE CONTINUUM OF CARE DURING THE PANDEMIC. HOPE'S MAXWORX CONTINUED TO EXPAND IN BOTH MANUFACTURING AN CUSTODIAL SERVICES THROUGH CENTRAL PENNSYLVANIA. NAMED AFTER HOPE'S FOUNDER, DR. MAX MILLER, MAXWORX REMAINS COMMITTED TO 75% OF ITS EMPLOYEES HAVING A DOCUMENTED DISABILITY.
MANAGEMENT SERVICES (PROVIDES SERVICES TO HOPE ENTERPRISES FOUNDATION, INC., A RELATED TAX-EXEMPT ORGANIZATION).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Barclay Chairman | OfficerTrustee | 1 | $0 |
George Johnson Vice Chairman | OfficerTrustee | 1 | $0 |
Marcus Annicelli Treasurer | OfficerTrustee | 1 | $0 |
Suzanne T Stopper Secretary | OfficerTrustee | 1 | $0 |
Jim Shillenn Past Chair | OfficerTrustee | 1 | $0 |
Robert A Labatch President/ceo | OfficerTrustee | 38 | $169,493 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Law Offices Of Christopher S Lucas Legal Services | 6/29/22 | $148,435 |
Blast Iu #17 It Services | 6/29/22 | $121,908 |
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 | $282,952 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,952 |
| Total Program Service Revenue | $22,779,086 |
| Investment income | $126,247 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,395 |
| 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 | $23,363,239 |
| 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. | $799,375 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,639,860 |
| Pension plan accruals and contributions | $570,944 |
| Other employee benefits | $2,927,517 |
| Payroll taxes | $974,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,176 |
| Fees for services: Accounting | $75,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,316 |
| Fees for services: Other | $645,986 |
| Advertising and promotion | $21,419 |
| Office expenses | $670,455 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $710,773 |
| Travel | $98,497 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,363 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $803,706 |
| Insurance | $295,279 |
| All other expenses | $100,515 |
| Total functional expenses | $22,294,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,339,872 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,166,910 |
| 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 | $74,672 |
| Net Land, buildings, and equipment | $5,547,704 |
| Investments—publicly traded securities | $7,627,535 |
| Investments—other securities | $135,238 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $891,395 |
| Total assets | $23,783,326 |
| Accounts payable and accrued expenses | $1,362,758 |
| Grants payable | $0 |
| Deferred revenue | $728,420 |
| 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 | $16,022 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $700,509 |
| Total liabilities | $2,807,709 |
| Net assets without donor restrictions | $20,813,480 |
| Net assets with donor restrictions | $162,137 |
| 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 | $23,783,326 |