Hope Action Care
- Assets
- $3.0m
- Revenue
- $834.9k
- Investments
- $0.0
- Employees
- 8
- Location
- San Antonio, TX
- Founding
- 09/1988
- Data as of
- 12/2022
- EIN
- 74-2481996
Organization Overview
Hope Action Care is located in San Antonio, TX. The organization was established in 1988. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Hope Action Care employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Action Care 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 12/2022, Hope Action Care generated $834.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $819.5k during the year ending 12/2022. While expenses have increased by 2.3% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HOPE ACTION CARE IS TO BE SAN ANTONIO'S AFFORDABLE HOUSING CHOICE THAT IS COMMITTED TO PROVIDING THE BEST QUALITY OF LIFE FOR OUR RESIDENTS, AND A SUITABLE LIVING ENVIRONMENT FOR THE FAMILIES AND INDIVIDUALS WE SERVE, WITHOUT DISCRIMINATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME HOUSING FOR INDIVIDUALS AND FAMILIES. A TOTAL OF 92 LOW INCOME OR VERY LOW INCOME PERSONS AND THEIR FAMILIES WERE HOUSED AT BROADWAY HEIGHTS APARTMENTS (99 UNITS) AND THE ELMIRA SUBDIVISION (4 UNITS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sergio Monreal CEO | Officer | 40 | $77,250 |
Robert Hart Hamman Director | Trustee | 1 | $0 |
Dee Odum Board Member | Trustee | 1 | $0 |
Gilbert Anthony Casares Board Chair | Officer | 1 | $0 |
Gonzalo Gamboa Secretary | Officer | 3 | $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 | $1,358 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,358 |
| Total Program Service Revenue | $833,572 |
| Investment income | $19 |
| 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 | $834,949 |
| 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. | $77,250 |
| Compensation of current officers, directors, key employees. | $61,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,143 |
| Pension plan accruals and contributions | $7,964 |
| Other employee benefits | $70,847 |
| Payroll taxes | $17,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $718 |
| Fees for services: Accounting | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,405 |
| Advertising and promotion | $285 |
| Office expenses | $7,790 |
| Information technology | $4,166 |
| Royalties | $0 |
| Occupancy | $180,009 |
| Travel | $4,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $62,698 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160,414 |
| Insurance | $66,172 |
| All other expenses | $0 |
| Total functional expenses | $819,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,533 |
| Savings and temporary cash investments | $0 |
| 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 | $59,720 |
| Net Land, buildings, and equipment | $2,570,777 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $50,082 |
| Other assets | $0 |
| Total assets | $2,967,112 |
| Accounts payable and accrued expenses | $19 |
| 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 | $1,181,383 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,440 |
| Total liabilities | $1,205,842 |
| Net assets without donor restrictions | $1,761,270 |
| 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 | $2,967,112 |