Hope Harbor Home Inc
- Assets
- $1.4m
- Revenue
- $827.4k
- Investments
- $0.0
- Employees
- 52
- Location
- Supply, NC
- Founding
- 04/1987
- Data as of
- 06/2022
- EIN
- 56-1541947
Organization Overview
Hope Harbor Home Inc is located in Supply, NC. The organization was established in 1987. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Hope Harbor Home Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Harbor Home 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 Harbor Home Inc generated $827.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $512.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 years. 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
HOPE HARBOR HOME STRIVES TO BREAK THE CYCLE OF DOMESTIC AND SEXUAL VIOLENCE IN BRUNSWICK COUNTY, NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED OVER 1000 PEOPLE VIA COUNSELING, PHONE ADVICE OR DIRECT CONTACT AT THE SHELTER. OVER 100 PEOPLE PHYSICALLY STAYED AT THE SHELTER DURING THE COURSE OF THE YEAR, MANY ON MULTIPLE OCCASIONS.
PROVIDED LOW-COST, PRACTICAL NECESSITIES TO THE BRUNSWICK COUNTY COMMUNITY, SUCH AS CLOTHING AND FURNITURE, THROUGH THE OPERATION OF THREE THRIFT STORES. THE STORES PROVIDE A MECHANISM FOR HOPE HARBOR TO PLACE AWARENESS MATERIALS IN THE COMMUNITY ABOUT DOMESTIC VIOLENCE AND SEXUAL ASSAULT INCLUDING CONTACT INFORMATION FOR THOSE IN NEED AND GENERAL EDUCATIONAL MATERIALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karmen Smith Executive Dir. | Officer | 40 | $51,159 |
Gene Faller VP Thrift Strs. | OfficerTrustee | 3 | $0 |
Bj Stephens President | OfficerTrustee | 3 | $0 |
Peggy Rowland Secretary | OfficerTrustee | 3 | $0 |
Elisa Gunther Treasurer | OfficerTrustee | 3 | $0 |
Nina Constantino Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $323,663 |
| All other contributions, gifts, grants, and similar amounts not included above | $259,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $583,179 |
| Total Program Service Revenue | $0 |
| Investment income | $4,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,932 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $216,593 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $827,411 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,484 |
| Pension plan accruals and contributions | $6,794 |
| Other employee benefits | $41,768 |
| Payroll taxes | $27,303 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,381 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,101 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,780 |
| Travel | $2,122 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,700 |
| Insurance | $15,338 |
| All other expenses | $0 |
| Total functional expenses | $512,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $894,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $90,452 |
| 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 | $56,000 |
| Prepaid expenses and deferred charges | $30,031 |
| Net Land, buildings, and equipment | $69,026 |
| Investments—publicly traded securities | $164,853 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,345 |
| Total assets | $1,366,767 |
| Accounts payable and accrued expenses | $49,260 |
| Grants payable | $0 |
| Deferred revenue | $10,760 |
| 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 | $66,538 |
| Total liabilities | $126,558 |
| Net assets without donor restrictions | $1,240,209 |
| 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 | $1,366,767 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Hope Harbor Home Inc has recieved totaling $67,967.
| Awarding Organization | Amount |
|---|---|
Saxer Family Foundation St Louis, MO PURPOSE: GENERAL SUPPORT | $25,000 |
Isabel James Lehto Foundation Inc Wrightsville Beach, NC PURPOSE: OPERATING FUNDS | $20,000 |
The Dolores And Donald Burnett Foundation Hendersonville, NC PURPOSE: GENERAL PURPOSE | $12,000 |
Noren Foundation Tr Cincinnati, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $967 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home-Hickory West Inc Salisbury, NC | $4,616,109 | $14,117,518 |
Lutheran Home - Wilmington Inc Salisbury, NC | $3,485,965 | $12,654,546 |
Community Affordable Housing Equity Corporation Raleigh, NC | $30,228,876 | $11,307,712 |
Lutheran Home-Albemarle Inc Salisbury, NC | $5,090,743 | $9,142,249 |
Chambliss Center For Children Chattanooga, TN | $13,773,339 | $7,553,657 |
Passage Home Inc Raleigh, NC | $13,185,958 | $5,411,567 |
Covenant House Georgia Inc Atlanta, GA | $22,755,199 | $6,304,494 |
Seacliff Village Shopping Center Inc Charlotte, NC | $151,078,311 | $8,901,233 |
Mason Housing Inc Fairfax, VA | $24,839,248 | $3,905,662 |
The House Inc Woodbridge, VA | $1,787,552 | $4,341,712 |
Monroe Harding Inc Nashville, TN | $12,177,860 | $4,360,503 |
South Carolina Community Loan Fund Charleston, SC | $42,539,456 | $4,959,016 |