Hope Haven Support Foundation
- Assets
- $16.5m
- Revenue
- $3.7m
- Investments
- $6.2m
- Employees
- 0
- Location
- Rock Valley, IA
- Founding
- 08/1991
- Data as of
- 06/2022
- EIN
- 42-1346221
Organization Overview
Hope Haven Support Foundation is located in Rock Valley, IA. The organization was established in 1991. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Haven Support Foundation 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 Haven Support Foundation generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 4.4% 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
THE HOPE HAVEN SUPPORT FOUNDATION WAS ESTABLISHED WITH THE PURPOSE TO ENSURE A FUTURE FOR HOPE HAVEN. THE RESPONSIBILITY IS TO CHALLENGE INDIVIDUALS AND ORGANIZATIONS TO FINANCIALLY SUPPORT HOPE HAVEN'S WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMOUNTS AWARDED IN SUPPORT OF HOPE HAVEN PROGRAMS AND OTHER EXPENSES ASSOCIATED WITH THAT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Van Tol Board Presid | OfficerTrustee | $0 | |
Cindy Eshuis Vice Preside | OfficerTrustee | $0 | |
Elwyn Hoogendoorn Secretary | OfficerTrustee | $0 | |
Brenda Postma Treasurer | OfficerTrustee | $0 | |
Matt Buley Director | Officer | $0 | |
Orvin Olivier Director | Trustee | $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 | $1,770,796 |
| Noncash contributions included in lines 1a–1f | $49,583 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,770,796 |
| Total Program Service Revenue | $0 |
| Investment income | $157,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $111,017 |
| Net Gain/Loss on Asset Sales | $559,760 |
| Net Income from Fundraising Events | $1,068,336 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,667,660 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,366 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,263 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $98,829 |
| Payments to affiliates | $3,100,651 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,382,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,778 |
| Savings and temporary cash investments | $1,044,395 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $14,049 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $9,091,616 |
| Investments—other securities | $6,198,230 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,561 |
| Total assets | $16,499,629 |
| Accounts payable and accrued expenses | $9,847 |
| 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 | $1,034,319 |
| Total liabilities | $1,044,166 |
| Net assets without donor restrictions | $13,115,006 |
| Net assets with donor restrictions | $2,340,457 |
| 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 | $16,499,629 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Haven Support Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Endowment Analysis
| Beg. Balance | $14,624,062 |
| Earnings | -$535,913 |
| Net Contributions | $571,030 |
| Other Expense | $500,000 |
| Ending Balance | $14,159,179 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sibley Medical Center Arlington, MN | $31,684,088 | $18,300,359 |
Be The Match Foundation Minneapolis, MN | $21,284,478 | $21,167,274 |
David F And Margaret T Grohne Family Foundation Western Springs, IL | $161,662,019 | $15,904,271 |
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Alan Stone Family Charitable Foundation % Reed Smith LLP - Harry Rosenberg Chicago, IL | $0 | $100,169 |
Peter And Paula Fasseas Foundation Chicago, IL | $50,357,726 | $8,283,085 |