Hope-Spectrum Health Cc
- Assets
- $6.7m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 196
- Location
- Grand Rapids, MI
- Founding
- 05/1998
- Data as of
- 09/2021
- EIN
- 38-3317919
Organization Overview
Hope-Spectrum Health Cc is located in Grand Rapids, MI. The organization was established in 1998. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2021, Hope-Spectrum Health Cc employed 196 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope-Spectrum Health Cc 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 09/2021, Hope-Spectrum Health Cc generated $6.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $6.1m during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE/SPECTRUM HEALTH PARTNERSHIP PROVIDES RESIDENTIAL AND OUTPATIENT SERVICES, INCLUDING NEUROPSYCHOLOGY, PHYSICAL, SPEECH AND OCCUPATIONAL THERAPY, AS WELL AS VOCATIONAL REHAB AND JOB COACHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Kroese Chair/president | OfficerTrustee | 0.3 | $0 |
Shane Kistler Secretary/treasurer | OfficerTrustee | 0.3 | $0 |
Chad Tuttle Vice President | OfficerTrustee | 0.3 | $0 |
Kevin Smith Director | Trustee | 0.3 | $0 |
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 | $3,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $6,355,229 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,358,729 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,349,481 |
| Pension plan accruals and contributions | $13,268 |
| Other employee benefits | $338,672 |
| Payroll taxes | $210,344 |
| Fees for services: Management | $363,842 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $7,507 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $264,516 |
| Advertising and promotion | $281 |
| Office expenses | $325,011 |
| Information technology | $152,857 |
| Royalties | $0 |
| Occupancy | $216,547 |
| Travel | $35,024 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,628 |
| Interest | $21,326 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $268,199 |
| Insurance | $98,513 |
| All other expenses | $0 |
| Total functional expenses | $6,133,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,200 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,519,337 |
| 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 | $6,409 |
| Net Land, buildings, and equipment | $2,126,354 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$5,114 |
| Total assets | $6,650,186 |
| Accounts payable and accrued expenses | $1,856,114 |
| 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 | $666,581 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $25,610 |
| Total liabilities | $2,548,305 |
| Net assets without donor restrictions | $4,101,881 |
| Net assets with donor restrictions | $0 |
| 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 | $6,650,186 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope-Spectrum Health Cc has recieved totaling $39,091.
| Awarding Organization | Amount |
|---|---|
Hope Network Grand Rapids, MI PURPOSE: TO SUPPORT PROGRAM OPERATIONS | $39,091 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nlw Inc Indianapolis, IN | $24,354,480 | $8,208,239 |
Hope-Spectrum Health Cc Grand Rapids, MI | $6,650,186 | $6,358,729 |
Pink Ribbon Girls Inc Dayton, OH | $6,144,212 | $7,339,456 |
Luther Manor Foundation Inc Wauwatosa, WI | $20,836,145 | $2,234,956 |
Ability Center Of Greater Toledo Supporting Organization Toledo, OH | $52,411,136 | $2,429,782 |
Charles L Shor Foundation For Epilepsy Research Inc Cincinnati, OH | $29,683,940 | $866,273 |
New Day Foundation For Families Rochester Hills, MI | $643,990 | $1,304,199 |
Indiana Institute For Global Health Inc Indianapolis, IN | $1,014,880 | $938,036 |
Womens Dermatologic Society Milwaukee, WI | $2,777,395 | $911,169 |
Michigan State Medical Society Foundation East Lansing, MI | $1,571,476 | $519,222 |
In Cure Of Ms Carmel, IN | $84,916 | $348,988 |
Cincinnati Concours D Elegance Foundation Cincinnati, OH | $186,175 | $182,358 |