Hopewell
- Assets
- $30.0m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 68
- Location
- Middlefield, OH
- Founding
- 08/1993
- Data as of
- 12/2023
- EIN
- 34-1739967
Organization Overview
Hopewell is located in Middlefield, OH. The organization was established in 1993. 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, Hopewell employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell 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, Hopewell generated $12.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $7.1m during the year ending 12/2023. While expenses have increased by 5.1% 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
PROVIDING RESIDENTIAL TREATMENT FOR ADULTS WITH SEVERE MENTAL ILLNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A RESIDENTIAL REHABILITATION COMMUNITY, OFFERING CARE, EDUCATION, TREATMENT, AND JOB TRAINING TO MENTALLY ILL INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Anagnostos Vice Chair | OfficerTrustee | 3 | $0 |
Nathan A Berger MD Board Member | Trustee | 1 | $0 |
William Braun Board Member | Trustee | 3 | $0 |
Christopher Brookes Board Member | Trustee | 1 | $0 |
Rita Bryce Board Member | Trustee | 1 | $0 |
Robert Gale Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $390,481 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,010,783 |
| Noncash contributions included in lines 1a–1f | $169,077 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,401,264 |
| Total Program Service Revenue | $4,963,832 |
| Investment income | $505,290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,810 |
| Net Income from Fundraising Events | -$173,251 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,713,945 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,426,053 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $222,914 |
| Compensation of current officers, directors, key employees. | $38,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,011,039 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $687,699 |
| Payroll taxes | $213,578 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,321 |
| Fees for services: Accounting | $32,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $158,640 |
| Advertising and promotion | $92,081 |
| Office expenses | $65,521 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $172,504 |
| Travel | $13,704 |
| 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 | $264,900 |
| Insurance | $101,389 |
| All other expenses | $117,300 |
| Total functional expenses | $7,128,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,369 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,432,847 |
| Accounts receivable, net | $199,383 |
| 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 | $123,288 |
| Net Land, buildings, and equipment | $3,136,851 |
| Investments—publicly traded securities | $19,639,388 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $137,066 |
| Total assets | $29,951,192 |
| Accounts payable and accrued expenses | $238,105 |
| Grants payable | $0 |
| Deferred revenue | $145,695 |
| 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 | $109,208 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,106 |
| Total liabilities | $506,114 |
| Net assets without donor restrictions | $19,317,232 |
| Net assets with donor restrictions | $10,127,846 |
| 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 | $29,951,192 |