Rochester New Hope Corporation
- Assets
- $264.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 04/1994
- Data as of
- 09/2023
- EIN
- 41-1766953
Organization Overview
Rochester New Hope Corporation is located in Rochester, MN. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester New Hope Corporation 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, Rochester New Hope Corporation generated $85.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $112.1k during the year ending 09/2023. While expenses have increased by 6.3% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AN INDEPENDENT LIVING FACILITY OFFERING RESIDENTIAL SERVICES TO LOW-INCOME OR HANDICAPPED INDIVIDUALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Kiscaden Director | 1 | $0 | |
Gregg Wright Director | 1 | $0 | |
Mark Thein Director | 1 | $0 | |
Laurel Podulke-Smith Director | 1 | $0 | |
Brian Mueller Director | 1 | $0 | |
Michelle Rossman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,822 |
| Total Program Service Revenue | $67,582 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $837 |
| Total Revenue | $85,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,714 |
| Professional fees and other payments to independent contractors | $27,735 |
| Occupancy, rent, utilities, and maintenance | $57,715 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,910 |
| Total expenses | $112,074 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100 |
| Other assets | $0 |
| Total assets | $264,422 |
| Total liabilities | $23,803 |
| Net assets or fund balances | $240,619 |