Hope Housing Inc
- Assets
- $164.3k
- Revenue
- $69.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chesterfield, SC
- Founding
- 09/2001
- Data as of
- 06/2022
- EIN
- 57-1123002
Organization Overview
Hope Housing Inc is located in Chesterfield, SC. The organization was established in 2001. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Housing 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 Housing Inc generated $69.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $77.2k during the year ending 06/2022. While expenses have increased by 2.1% 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
MEET THE NEEDS OF DISABLED INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PERMIT INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO REMAIN IN THEIR HOMES IF DESIRABLE AND POSSIBLE. IF NOT, TO LIVE IN A COMMUNITY SETTING WITH CHARACTERISTICS AS NEAR TO NORMAL AS POSSIBLE FOR THEIR AGE AND CAPABILITIES.EIGHT INDIVIDUALS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry C Mcmanus Vice Chairperson | Officer | 1 | $0 |
Billie G Stoudemire Chairperson | Officer | 4 | $0 |
Kay Spears Secretary/treasurer | Officer | 1 | $0 |
John A Malloy Member | Trustee | 1 | $0 |
Robbie L Robertson Sr Member | Trustee | 1 | $0 |
Henry A Suggs Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,660 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,660 |
| Total Program Service Revenue | $25,188 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,654 |
| 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 | $5,760 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,132 |
| Payroll taxes | $804 |
| Fees for services: Management | $4,896 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,812 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,665 |
| Travel | $0 |
| 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 | $21,075 |
| Insurance | $930 |
| All other expenses | $0 |
| Total functional expenses | $77,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421 |
| Savings and temporary cash investments | $25,962 |
| 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 | $0 |
| Net Land, buildings, and equipment | $137,884 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $164,267 |
| Accounts payable and accrued expenses | $5,640 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,809 |
| 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 | $0 |
| Total liabilities | $7,449 |
| Net assets without donor restrictions | $7,267 |
| Net assets with donor restrictions | $149,551 |
| 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 | $164,267 |
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|---|---|---|
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
Enable Of Georgia Inc Atlanta, GA | $1,473,747 | $7,388,233 |
Habitat For Humanity International Inc Wilmington, NC | $16,885,274 | $7,269,123 |
Atlanta Neighborhood Development Partnership Inc Atlanta, GA | $68,577,234 | $9,513,870 |
Housing Economic Reinvestment Opportunities Inc Macon, GA | $21,751,441 | $5,680,420 |
Habitat For Humanity International Inc Asheville, NC | $26,384,474 | $7,127,520 |
Habitat For Humanity International Inc Winstonsalem, NC | $12,123,144 | $5,823,081 |
Casa Raleigh, NC | $35,465,798 | $9,943,416 |
Companion Foundation Charleston, SC | $23,966,546 | $5,287,012 |
Habitat For Humanity International Inc Greenville, SC | $8,853,854 | $5,814,616 |