Hope Haven Industries Inc
- Assets
- $1.8m
- Revenue
- $837.8k
- Investments
- $39.6k
- Employees
- 50
- Location
- Chillicothe, MO
- Founding
- 01/1968
- Data as of
- 06/2022
- EIN
- 43-0888970
Organization Overview
Hope Haven Industries Inc is located in Chillicothe, MO. The organization was established in 1968. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Hope Haven Industries Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Haven Industries 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 Haven Industries Inc generated $837.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $683.1k during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 6 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
PROVIDES DIGNIFIED AND MEANINGFUL EMPLOYMENT FOR PEOPLE WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ESTABLISH, OPERATE AND ADMINISTER A SHELTERED WORKSHOP WHICH WILL EMPLOY ONLY HANDICAPPED PERSONS AS DEFINED BY 178.900, RSMO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Turner President | OfficerTrustee | 1 | $0 |
Ed Robertson Vice-President | OfficerTrustee | 1 | $0 |
Chuck Shouse Secretary | OfficerTrustee | 1 | $0 |
Leroy Butts Treasurer | OfficerTrustee | 1 | $0 |
Kyle Marcolla Director | Trustee | 1 | $0 |
Bill Ahlbrecht Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $248,929 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,399 |
| Total Program Service Revenue | $0 |
| Investment income | $653 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,986 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $447,736 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $837,774 |
| 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 | $123,476 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,827 |
| Payroll taxes | $50,204 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,488 |
| Office expenses | $3,784 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,011 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,321 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,892 |
| Insurance | $39,508 |
| All other expenses | $30,531 |
| Total functional expenses | $683,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,692 |
| Savings and temporary cash investments | $176,908 |
| Pledges and grants receivable | $6,180 |
| Accounts receivable, net | $103,410 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $40,546 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,453,601 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $39,647 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,821,984 |
| Accounts payable and accrued expenses | $136,464 |
| 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 | $504,941 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,549 |
| Total liabilities | $646,954 |
| Net assets without donor restrictions | $1,175,030 |
| 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 | $1,821,984 |