New Hope Village
- Assets
- $14.2m
- Revenue
- $19.0m
- Investments
- $0.0
- Employees
- 421
- Location
- Carroll, IA
- Founding
- 12/1975
- Data as of
- 09/2023
- EIN
- 42-1036748
Organization Overview
New Hope Village is located in Carroll, IA. The organization was established in 1975. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2023, New Hope Village employed 421 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Village 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, New Hope Village generated $19.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $21.2m during the year ending 09/2023. While expenses have increased by 5.0% 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
TO ENRICH THE QUALITY OF LIFE FOR INDIVIDUALS WITH DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING CARE AND SERVICES FOR INDIVIDUALS WITH DISABILITIES. APPROXIMATELY 200 DISABLED ADULTS ARE SERVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lean Taylor Cpo | Officer | 40 | $132,418 |
Steven Kopecky CEO | 40 | $137,313 | |
Jill Wernimont Dsp | 40 | $124,427 | |
Danielle Fineran Director Of | Officer | 40 | $89,829 |
Sue Blackburn Dsp | 40 | $109,447 | |
Kimberly Platt COO | Officer | 40 | $101,524 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Red Rhino Roffing | 9/29/23 | $314,399 |
Grapetree Medical Staffing Staffing | 9/29/23 | $1,062,917 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $443,844 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,446,482 |
| Noncash contributions included in lines 1a–1f | $2,444,120 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,890,326 |
| Total Program Service Revenue | $15,437,998 |
| Investment income | $57,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,019 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $211,958 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,995,765 |
| 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. | $424,103 |
| Compensation of current officers, directors, key employees. | $424,103 |
| Compensation to disqualified persons | $137,313 |
| Other salaries and wages | $12,596,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,842,610 |
| Payroll taxes | $973,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,159 |
| Fees for services: Accounting | $41,468 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $267,139 |
| Advertising and promotion | $64,549 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,119,342 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,150 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $376,094 |
| Insurance | $436,519 |
| All other expenses | $283,290 |
| Total functional expenses | $21,212,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,909,830 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,678,159 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $157,810 |
| Prepaid expenses and deferred charges | $358,433 |
| Net Land, buildings, and equipment | $4,528,079 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,562,177 |
| Total assets | $14,194,488 |
| Accounts payable and accrued expenses | $1,701,118 |
| 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 | $975,367 |
| Total liabilities | $2,676,485 |
| Net assets without donor restrictions | $11,518,003 |
| 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 | $14,194,488 |
Grants Awarded
Over the last fiscal year, New Hope Village has awarded $1,494,788 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NEW HOPE VILLAGE FOUNDATION PURPOSE: TO GIVE THE PROCEEDS FROM STOCK AND LAND SALES TO FOUNDATION ENDOWMENT TO CONTINUE TO THE MISSION | $814,106 |
NEW HOPE PROPERTIES INC PURPOSE: TO SET UP NEW COMPANY TO FURTHER PURSUE THE MISSION OF NEW HOPE BY CONTINUTING TO PROVIDE SERVICES TO THE COMMUNITY | $680,682 |