Rockford New Hope Incorporated
- Assets
- $345.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 05/1996
- Data as of
- 09/2022
- EIN
- 36-4034061
Organization Overview
Rockford New Hope Incorporated is located in Rockford, IL. The organization was established in 1996. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford New Hope Incorporated 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 09/2022, Rockford New Hope Incorporated generated $54.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $91.5k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RNH OWNS & OPERATES RESIDENTIAL & MULTI-FAMILY SITES-EACH IN BLIGHTED AREAS OF ROCKFORD. RNH PROVIDES SAFE, AFFORDABLE, HOUSING TO LOW INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie Doll Treasurer | 0 | $0 | |
Stanley Campbell Director | 0 | $0 | |
Elaine Hutchcroft Director | 0 | $0 | |
Steve Jaycox Director | 0 | $0 | |
Peter Orlando Vice Preside | 0 | $0 | |
Virginia Gully President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,673 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,673 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,603 |
| Occupancy, rent, utilities, and maintenance | $19,136 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,774 |
| Total expenses | $91,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,608 |
| Other assets | $0 |
| Total assets | $345,207 |
| Total liabilities | $57,898 |
| Net assets or fund balances | $287,309 |
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