Hope Housing Foundation
- Assets
- $290.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita, KS
- Founding
- Data as of
- 12/2023
- EIN
- 92-1227925
Organization Overview
Hope Housing Foundation is located in Wichita, KS. 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 Foundation 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 12/2023, Hope Housing Foundation generated $147.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $79.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE NONPROFIT CONTINUED RAISING DONATIONS TO SUPPORT THE EXEMPT PURPOSE OF PROVIDING AFFORDABLE RENTALS FOR LOW AND VERY-LOW INCOME INDIVIDUALS AND FAMILIES, AS DEFINED BY HUD. THE NONPROFIT WILL SECURE REAL ESTATE OR COMPLETE SITE IMPROVEMENTS TO SUPPORT AFFORDABLE HOUSING DEVELOPMENT. THE NONPROFIT PURCHASED TWO HOMES IN 2023 AND RECEIVED A THIRD HOME AS A DONATION. ALL THREE ARE BEING RENTED IN ACCORDANCE WITH THE MISSION.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,755 |
| Total Program Service Revenue | $11,634 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $7,497 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $945 |
| Total Revenue | $147,831 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,000 |
| Professional fees and other payments to independent contractors | $1,368 |
| Occupancy, rent, utilities, and maintenance | $10,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,491 |
| Total expenses | $79,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,105 |
| Other assets | $0 |
| Total assets | $290,272 |
| Total liabilities | $132,591 |
| Net assets or fund balances | $157,681 |