Hope Haven Incorporated
- Assets
- $40.4m
- Revenue
- $51.9m
- Investments
- $0.0
- Employees
- 962
- Location
- Rock Valley, IA
- Founding
- 03/1967
- Data as of
- 06/2023
- EIN
- 42-0890017
Organization Overview
Hope Haven Incorporated is located in Rock Valley, IA. The organization was established in 1967. 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. As of 06/2023, Hope Haven Incorporated employed 962 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Haven 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 06/2023, Hope Haven Incorporated generated $51.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $49.5m during the year ending 06/2023. While expenses have increased by 3.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NURTURING INDEPENDENCE THROUGH SERVICES FOR CHILDREN, ADULTS, AND FAMILIES WITH UNIQUE CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK SERVICES/INTEGRATED EMPLOYMENT - PROVIDES LABOR SKILLS AND TRAINING TO PEOPLE WITH DISABILITIES BY PLACING THEM IN AN INTEGRATED EMPLOYMENT SETTING WITH A JOB COACH SUPPORT. THE GOAL IS TO DEVELOP INDIVIDUALS WITH DISABILITIES TO A LEVEL OF MINIMAL SUPERVISION RESULTING IN VALUE AND DIGNITY TO PEOPLE SERVED.
HOPE HAVEN INTERNATIONAL MINISTRIES - PROVIDE MOBILITY IN DEVELOPING COUNTRIES BY COLLECTING MOBILITY DEVICES AND MANUFACTURING AND REFURBISHING WHEELCHAIRS THAT ARE FREELY DISTRIBUTED TO LOW-INCOME INDIVIDUALS. HHIM PARTICIPATES IN ASSURING PROPER DISTRIBUTION OF THE MOBILITY DEVICES BY DOING ABOUT SIX SERVICE TRIPS ANNUALLY.
DAILY COMMUNITY LIVING - PROVIDES DAILY RESIDENTIAL ASSISTANCE SUCH AS COOKING, CLEANING, SHOPPING, TRANSPORTATION, DAILY HYGIENE, AND COMMUNITY SOCIAL INTERACTION SUPPORT TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES SO THEY CAN LIVE PRODUCTIVE AND MEANINGFUL LIVES. DAILY COMMUNITY LIVING ENABLES 350 INDIVIDUALS TO LIVE IN A COMMUNITY OF CHOICE TO ENJOY AND LIVE WITH THE SAME OPPORTUNITIES AND FREEDOMS AS THEIR NEIGHBORS.
CHILD RESIDENTIAL SERVICES - PROVIDES 24/7 RESIDENTIAL SUPPORT AND CARE TO 60 CHILDREN WITH SEVERE INTELLECTUAL/PHYSICAL DISABILITIES THAT REQUIRE HIGH LEVEL SUPPORT FOR DAILY CARE IN IOWA. SERVICES INCLUDE PROVIDING EDUCATION SUPPORT, AND EMPLOYMENT TRAINING WHEN CHILDREN GRADUATE FROM SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Boote President | OfficerTrustee | 2 | $0 |
Lyle Ten Haken Vice President | OfficerTrustee | 1 | $0 |
Nancy Dorhout Secretary | OfficerTrustee | 1 | $0 |
Todd Visser Treasurer | OfficerTrustee | 1 | $0 |
Howard Beernink Board Member | Trustee | 1 | $0 |
David Heilman Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fischer Masonry Construction Construction | 6/29/23 | $2,870,000 |
Graphtree Medical Staffing Employment Services | 6/29/23 | $700,748 |
Jans Corporation Construction | 6/29/23 | $357,577 |
Schroeder Associates Commissions | 6/29/23 | $287,725 |
Wh Edwards Company Commissions | 6/29/23 | $285,848 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,953,838 |
| Government grants | $2,450,407 |
| All other contributions, gifts, grants, and similar amounts not included above | $809,804 |
| Noncash contributions included in lines 1a–1f | $170,843 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,214,049 |
| Total Program Service Revenue | $45,448,709 |
| Investment income | $115,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $412,658 |
| Net Gain/Loss on Asset Sales | $92,050 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,852,631 |
| 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 | $164,903 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $628,821 |
| Compensation of current officers, directors, key employees. | $606,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,625,106 |
| Pension plan accruals and contributions | $942,982 |
| Other employee benefits | $4,117,428 |
| Payroll taxes | $1,838,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $361,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $182,961 |
| Office expenses | $103,161 |
| Information technology | $460,181 |
| Royalties | $0 |
| Occupancy | $1,063,046 |
| Travel | $642,186 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,209,170 |
| Insurance | $358,422 |
| All other expenses | $262,984 |
| Total functional expenses | $49,483,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,628,924 |
| Savings and temporary cash investments | $6,593,237 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,317,357 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,629,827 |
| Prepaid expenses and deferred charges | $132,390 |
| Net Land, buildings, and equipment | $18,289,315 |
| Investments—publicly traded securities | $535,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $39,167 |
| Other assets | $218,769 |
| Total assets | $40,384,811 |
| Accounts payable and accrued expenses | $2,968,696 |
| Grants payable | $0 |
| Deferred revenue | $1,093,960 |
| 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 | $142,409 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $271,437 |
| Total liabilities | $4,476,502 |
| Net assets without donor restrictions | $35,802,679 |
| Net assets with donor restrictions | $105,630 |
| 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 | $40,384,811 |