Hope Gospel Mission Inc
- Assets
- $10.9m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 148
- Location
- Eau Claire, WI
- Founding
- 04/1999
- Data as of
- 06/2022
- EIN
- 39-1948605
Organization Overview
Hope Gospel Mission Inc is located in Eau Claire, WI. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Hope Gospel Mission Inc employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Gospel Mission 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 06/2022, Hope Gospel Mission Inc generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. While expenses have increased by 8.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OFFER CHRIST-CENTERED, LIFE CHANGING HELP TO THE HOMELESS AND NEEDY IN WESTERN WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OPERATES BUSINESSES, SUCH AS THE BARGAIN CENTER AND BUILDING HOPE, TO PROVIDE JOB SKILLS TRAINING FOR RESIDENTS AND INCOME TO SUPPORT PROGRAM SERVICES. THE MAJORITY OF ITEMS SOLD AT THESE BUSINESSES ARE DONATED BY THE COMMUNITY.
MEN'S SHELTER: A 46-BED FACILITY DESIGNED TO PROVIDE FOOD, CLOTHING AND SHELTER FOR SINGLE MEN. HOPE GOSPEL MISSION OFFERS HELP IN AREAS SUCH AS LIFE AND WORK SKILLS, EDUCATION AND TRAINING, EMPLOYMENT ASSISTANCE, AND FINANCIAL GUIDANCE.
RUTH HOUSE WOMEN'S SHELTER: A 12-BED FACILITY DESIGNED TO PROVIDE FOOD, CLOTHING, AND SHELTER FOR SINGLE WOMEN. HOPE GOSPEL MISSION OFFERS HELP IN AREAS SUCH AS LIFE AND WORK SKILLS, EDUCATION AND TRAINING, EMPLOYMENT ASSISTANCE, AND FINANCIAL GUIDANCE.
EDUCATION CENTER: STATE OF THE ART, COMPUTER BASED CENTER DESIGNED TO HELP RESIDENTS WITH READING, WRITING, MATH, COMPUTER, AND LEARNING SKILLS. RESIDENTS ALSO BENEFIT FROM HIGH SCHOOL EQUIVALENCY AND GENERAL EDUCATION DIPLOMA STUDY COURSES, ALONG WITH VOCATIONAL COUNSELING. WORK PROGRAM: HELPS MISSION RESIDENTS TO FIND AND SECURE APPROPRIATE JOBS THROUGHOUT WESTERN WISCONSIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandi Polzin Executive Director | Officer | 40 | $108,600 |
Mark Donnelly President/secretary | OfficerTrustee | 5 | $0 |
Lee Mcmenamin Vice President | OfficerTrustee | 1 | $0 |
Rick Hendel Treasurer | OfficerTrustee | 1 | $0 |
Bruce Acomb Vice President/secretary-Part Year | OfficerTrustee | 1 | $0 |
Jim Meyers Director | Trustee | 1 | $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 | $6,176,746 |
| Noncash contributions included in lines 1a–1f | $4,576,023 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,176,746 |
| Total Program Service Revenue | $40,606 |
| Investment income | $2,757 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25,521 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,194,588 |
| 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. | $126,343 |
| Compensation of current officers, directors, key employees. | $126,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,035,209 |
| Pension plan accruals and contributions | $33,865 |
| Other employee benefits | $123,132 |
| Payroll taxes | $231,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $34,451 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $145,088 |
| Fees for services: Investment Management | $623 |
| Fees for services: Other | $4,469 |
| Advertising and promotion | $108,942 |
| Office expenses | $1,787 |
| Information technology | $36,057 |
| Royalties | $0 |
| Occupancy | $495,466 |
| Travel | $79,932 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,064 |
| Interest | $66,842 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $278,601 |
| Insurance | $125,328 |
| All other expenses | $334,032 |
| Total functional expenses | $5,670,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,442,915 |
| Savings and temporary cash investments | $603,546 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $669,567 |
| Prepaid expenses and deferred charges | $28,204 |
| Net Land, buildings, and equipment | $7,583,762 |
| Investments—publicly traded securities | $426,230 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $96,083 |
| Total assets | $10,860,307 |
| Accounts payable and accrued expenses | $442,889 |
| 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 | $1,994,730 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,577 |
| Total liabilities | $2,460,196 |
| Net assets without donor restrictions | $8,389,511 |
| Net assets with donor restrictions | $10,600 |
| 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 | $10,860,307 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hope Gospel Mission Inc has recieved totaling $53,595.
| Awarding Organization | Amount |
|---|---|
Eau Claire Community Foundation Eau Claire, WI PURPOSE: EMERGENCY FUND, UNRESTRICTED | $31,345 |
Nordson Corporation Foundation Westlake, OH PURPOSE: GENERAL OPERATING SUPPORT | $12,000 |
United Way Of The Greater Chippewa Valley Inc Eau Claire, WI PURPOSE: HOMELESS SERVICES | $10,000 |
Benne-Fit Valley Foundation Inc Eleva, WI PURPOSE: HELP THE HOMELESS IN WESTERN WISCONSIN | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |