Our Hope Association
- Assets
- $6.4m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 69
- Location
- Grand Rapids, MI
- Founding
- 04/1974
- Data as of
- 09/2023
- EIN
- 38-1998209
Organization Overview
Our Hope Association is located in Grand Rapids, MI. The organization was established in 1974. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 09/2023, Our Hope Association employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Our Hope Association 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 09/2023, Our Hope Association generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $2.7m during the year ending 09/2023. While expenses have increased by 24.0% per year over the past 7 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
THE ORGANIZATION SEEKS TO PROVIDE A REHABILITATIVE PROGRAM IN A GRAND RAPIDS, MICHIGAN BASED RESIDENTIAL ENVIRONMENT FOR WOMEN WITH SUBSTANCE ABUSE PROBLEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RESIDENTIAL AND INTENSIVE OUT-PATIENT SUBSTANCE ABUSE TREATMENT FOR WOMEN. 195 PEOPLE SERVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisabeth Votruba President | OfficerTrustee | 1 | $0 |
Carole Vander Pols Vice President | OfficerTrustee | 1 | $0 |
Tom Stuit Treasurer | OfficerTrustee | 1 | $0 |
Mark Thomson Secretary | OfficerTrustee | 1 | $0 |
Margaret Chamberlain Trustee | Trustee | 1 | $0 |
Richard Gritter Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,252 |
| Related organizations | $0 |
| Government grants | $2,234,458 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,599,580 |
| Noncash contributions included in lines 1a–1f | $119,703 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,896,290 |
| Total Program Service Revenue | $9,600 |
| Investment income | $1,291 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$21,122 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,886,315 |
| 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. | $112,000 |
| Compensation of current officers, directors, key employees. | $16,935 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,272,366 |
| Pension plan accruals and contributions | $10,212 |
| Other employee benefits | $147,870 |
| Payroll taxes | $170,547 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,422 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,893 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $355,385 |
| Travel | $0 |
| 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 | $55,900 |
| Insurance | $36,345 |
| All other expenses | $165,038 |
| Total functional expenses | $2,747,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,074,418 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,122,654 |
| Accounts receivable, net | $393,270 |
| 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 | $12,050 |
| Net Land, buildings, and equipment | $2,723,303 |
| Investments—publicly traded securities | $924,586 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $102,880 |
| Total assets | $6,353,161 |
| Accounts payable and accrued expenses | $691,521 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $102,880 |
| Total liabilities | $794,401 |
| Net assets without donor restrictions | $3,400,411 |
| Net assets with donor restrictions | $2,158,349 |
| 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 | $6,353,161 |