Hope Center Usa
- Assets
- $277.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Lake Zurich, IL
- Founding
- Data as of
- 08/2023
- EIN
- 87-3003753
Organization Overview
Hope Center Usa is located in Lake Zurich, IL. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 08/2023, Hope Center USA employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Center USA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HOPE CENTER IS TO HELP RESTORE WHAT IS BROKEN IN OUR WORLD, IN OUR COMMUNITY, AND IN EACH OF US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOPE CENTER OPERATES A FOOD PANTRY WHERE GUESTS CAN EXPECT TO FIND A WIDE SELECTION OF FRESH AND SHELF-STABLE ITEMS TO KEEP THEIR KITCHENS STOCKED, AS WELL AS HERBS AND VEGGIES HARVESTED WEEKLY FROM OUR FARM. WE LOVE TO CONNECT WITH PANTRY GUESTS TO FIND OUT HOW ELSE THE HOPE CENTER CAN MAKE A DIFFERENCE IN THEIR LIVES. THE FOOD PANTRY IS OPEN EVERY SATURDAY AND SERVES PEOPLE THROUGHOUT NORTHERN ILLINOIS.
HOPE COUNSELING OFFERS LOW TO NO COST BIBLICAL COUNSELING FOR MEMBERS OF OUR COMMUNITY TO PROCESS THROUGH LIFE'S CHALLENGES AND RECEIVE GUIDANCE AND ADVICE. COUNSELING IF OFFERED FREE OF CHARGE AND FOCUSES ON HOW PEOPLE CAN FOLLOW BIBLICAL PRINCIPLES FOR A MORE FRUITFUL LIFE. ADDITIONAL SERVICES INCLUDE HOPE LEGAL, RECOVERY, ESL, FOSTER CARE, SENIOR CARE, SINGLE MOMS, TEEN MOMS, RACIAL RECONCILIATION, AND INK180.
HOPEFARM SPROUTED FRAM A SIMPLE IDEA: WOULDN'T IT BE WONDERFUL IF OUR FOOD PANTRY COULD OFFER BEAUTIFULLY RIPE, NUTRITIOUS VEGGIES AND FRUIT? OF COURSE WE KNEW THE ANSWER, SO WE GOT TO WORK THANKS TO A COMMITTED CREW OF VOLUNTEERS, BUSHELS OF PLUMP TOMATOES, CRUNCHY CUCUMBERS, LEAFY GREENS, AND AROMATIC HERBS ARE NOW BEING HARVESTED WEEKLY. OUR GROWING, SMALL-SCALE FARM IS BUILT AROUND A HYDROPONIC GREENHOUSE THAT LETS US FARM YEAR ROUND, SUNSHINE OR SNOW. OUTSIDE, ROWS OF RAISED BEDS ARE LUSH IN THE SUMMER WITH SOIL-GROWN GARDEN VEGGIES AND NATIVE PRAIRIE PLANTS.
THE BENEVOLENCE PROGRAM ASSISTS INDIVIDUALS WHO FIND THEMSELVES IN TEMPORARY FINANCIAL HARDSHIP WITH BASIC NEEDS SUCH AS RENT OR MORTGAGE ASSISTANCE, CAR REPAIRS, MEDICAL NEEDS, OR OTHER URGENT LIVING NEEDS. PARTICIPANTS IN THE BENEVOLENCE PROGRAM GO THROUGH A HOLISTIC INTAKE PROCESS TO ASSESS THE NEED AND ARE REQUIRED TO PARTICIPATE IN FINANCIAL AND BUDGET TRAINING TO RECEIVE ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrance Wallace Executive Di | OfficerTrustee | 40 | $45,000 |
Scott Degraeve Treasurer | OfficerTrustee | $0 | |
Gretchen Farb Board Member | Trustee | $0 | |
Eric Schroeder Board Member | Trustee | $0 | |
Jason Sfire President | OfficerTrustee | $0 | |
Ken Toeller Vice Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,647 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,017,567 |
| Total Program Service Revenue | $27,312 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$627 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,044,765 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $26,827 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $22,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,952 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,743 |
| Payroll taxes | $4,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,813 |
| Fees for services: Accounting | $16,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,319 |
| Advertising and promotion | $6,981 |
| Office expenses | $13,908 |
| Information technology | $14,486 |
| Royalties | $0 |
| Occupancy | $89,044 |
| Travel | $3,238 |
| 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 | $0 |
| Insurance | $11,590 |
| All other expenses | $42,714 |
| Total functional expenses | $812,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,713 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $114,569 |
| 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 | $25,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $277,451 |
| Accounts payable and accrued expenses | $44,027 |
| 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 | $1,240 |
| Total liabilities | $45,267 |
| Net assets without donor restrictions | $215,830 |
| Net assets with donor restrictions | $16,354 |
| 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 | $277,451 |