HOPE CENTER FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
HOPE CENTER FOUNDATION (EIN 47-3874040)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202333199349327568
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T17:36:46+00:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363990892PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capin Crouse LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line155 Shuman Blvd Suite 300AddressLine1Txt
CityNapervilleCityNm
State AbbreviationILStateAbbreviationCd
ZIP60563ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473874040EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Hope Center FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOPEBusinessNameControlTxt
Phone7733712345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110909 S Cottage Grove AvenueAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60628ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonShenita MusePersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone7733712345PhoneNum
Signature2023-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstShenitaPersonFirstNm
Person LastMusePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSara TibbottPreparerPersonNm
PTINP01486965PTIN
Phone5055022746PhoneNum
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1James T MeeksBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110909 S Cottage Grove AvenueAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60628ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$993,989GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.hopecenterchicago.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionHelping Chicago residents to transition out of poverty to living wage & into generational wealthActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee27TotalEmployeeCnt
Total Volunteers45TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$517,726PYContributionsGrantsAmt
CY Contributions Grants$991,370CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$9,740PYOtherRevenueAmt
CY Other Revenue-$10,952CYOtherRevenueAmt
PY Total Revenue$527,466PYTotalRevenueAmt
CY Total Revenue$980,418CYTotalRevenueAmt
PY Grants And Similar Paid$58,263PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$138,370CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$332,519CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$30,950PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$48,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$56,954CYTotalFundraisingExpenseAmt
PY Other Expenses$330,898PYOtherExpensesAmt
CY Other Expenses$487,549CYOtherExpensesAmt
PY Total Expenses$420,111PYTotalExpensesAmt
CY Total Expenses$1,006,438CYTotalExpensesAmt
PY Revenues Less Expenses$107,355PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$26,020CYRevenuesLessExpensesAmt
Total Assets BOY$228,453TotalAssetsBOYAmt
Total Assets EOY$559,306TotalAssetsEOYAmt
Total Liabilities BOY$65,674TotalLiabilitiesBOYAmt
Total Liabilities EOY$422,547TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$162,779NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$136,759NetAssetsOrFundBalancesEOYAmt
MissionThe organization works to address the root causes contributing to poverty and violence in the community through imaginative, solution-focused programs that provide support in the areas of home ownership, financial literacy, workforce development, youth mentorship, and entrepreneurship.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$800,586ExpenseAmt
Grant$113,260GrantAmt
Revenue$0RevenueAmt
DescR.E.A.D.Y. (Recruit, Employ, Advance & Develop Youth) - To Work is a twenty-week job readiness program designed for low-income youth ages 16-24. The goal of the R.E.A.D.Y. To Work program is to provide exposure and to prepare participants for the workforce by providing career training. Using creative methods, the Hope Center Foundation will recruit, employ, and develop youth by guiding them to become better citizens through active involvement in the workforce.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$25,110ExpenseAmt
Grant$25,110GrantAmt
Revenue$0RevenueAmt
DescThe organization provides assistance to those in need each year. The Food give-a-way provided 700 boxes of food and meals to families and supported 98 program participants. Transportation grants through Ventra gift cards were given out to cover ride-sharing expenses to assist clients with their transportation needs.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$825,696TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee27EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (true)DelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Alex GarciaBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7733712345PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110909 S Cottage Grove AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60628ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Cheryle Jackson
Vice President2.0Yes (X)Yes (X)$0$0$0
Darryl Farrow
Secretary2.0Yes (X)Yes (X)$0$0$0
David Doig
Treasurer2.0Yes (X)Yes (X)$0$0$0
James T Meeks
President/Chairman of the Board2.0Yes (X)Yes (X)$0$0$0
Henry D McGhee Jr
Board Member2.0Yes (X)$0$0$0
Jamell Meeks
Board Member2.0Yes (X)$0$0$0
Otis Wright
Board Member2.0Yes (X)$0$0$0
Shenita Muse
Executive Director40.0Yes (X)$23,270$0$5,165
FieldValueIRS element (for citing)
Total Reportable Comp From Org$23,270TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,165TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Fundraising$2,020FundraisingAmt
Government Grants$884,567GovernmentGrantsAmt
All Other Contributions$104,783AllOtherContributionsAmt
Total Contributions$991,370TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$2,020ContriRptFundraisingEventAmt
Fundraising Direct Expenses$13,571FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$13,571TotalRevenueColumnAmt
Exclusion-$13,571ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,619TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,619ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,619OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$980,418TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$10,952ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$138,370TotalAmt
Program Services$138,370ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$28,435TotalAmt
Program Services$26,711ProgramServicesAmt
Management And General$1,241ManagementAndGeneralAmt
Fundraising$483FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$237,397TotalAmt
Program Services$226,107ProgramServicesAmt
Management And General$6,795ManagementAndGeneralAmt
Fundraising$4,495FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,231TotalAmt
Program Services$27,039ProgramServicesAmt
Management And General$5,178ManagementAndGeneralAmt
Fundraising$14FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$34,456TotalAmt
Program Services$32,505ProgramServicesAmt
Management And General$1,299ManagementAndGeneralAmt
Fundraising$652FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$194,989TotalAmt
Program Services$183,169ProgramServicesAmt
Management And General$8,510ManagementAndGeneralAmt
Fundraising$3,310FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,158TotalAmt
Program Services$45,950ProgramServicesAmt
Management And General$11,208ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$48,000TotalAmt
Fundraising$48,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$122,172TotalAmt
Program Services$87,959ProgramServicesAmt
Management And General$34,213ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$26,181TotalAmt
Program Services$18,968ProgramServicesAmt
Management And General$7,213ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,673TotalAmt
Program Services$2,300ProgramServicesAmt
Management And General$10,373ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$31,630TotalAmt
Program Services$30,217ProgramServicesAmt
Management And General$1,413ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,486TotalAmt
Program Services$3,398ProgramServicesAmt
Management And General$1,088ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,774TotalAmt
Management And General$3,774ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Other event expense$20,557$914$19,643
Bad debt$9,375$9,375
Dues & subscriptions$4,554$2,089$2,465

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,006,438TotalAmt
Program Services$825,696ProgramServicesAmt
Management And General$123,788ManagementAndGeneralAmt
Fundraising$56,954FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$93,409BOYAmt
EOY$74,241EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$133,143BOYAmt
EOY$421,777EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$67,753LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,465LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,901BOYAmt
EOY$63,288EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$228,453BOYAmt
EOY$559,306EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$59,716BOYAmt
EOY$294,806EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$121,783EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$5,958BOYAmt
EOY$5,958EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,674BOYAmt
EOY$422,547EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$162,779BOYAmt
EOY$136,759EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$162,779BOYAmt
EOY$136,759EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$228,453BOYAmt
EOY$559,306EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$26,020ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,971CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$517,726CurrentTaxYearMinus1YearAmt
Current Tax Year$991,370CurrentTaxYearAmt
Total$1,715,067TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$205,971CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$517,726CurrentTaxYearMinus1YearAmt
Current Tax Year$991,370CurrentTaxYearAmt
Total$1,715,067TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$90,858SubstantialContributorsTotAmt
Public Support Total170$1,624,209PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,740CurrentTaxYearMinus1YearAmt
Current Tax Year$2,619CurrentTaxYearAmt
Total$12,368TotalAmt
FieldValueIRS element (for citing)
Total Support$1,727,435TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.9402PublicSupportCY170Pct
Public Support PY1700.8631PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - MISC INCOME, COLUMN A - , COLUMN B - , COLUMN C - 9.0, COLUMN D - 9740.0, COLUMN E - 2619.0, COLUMN F - 12368.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$67,753OtherCostOrOtherBasisAmt
Depreciation$4,465DepreciationAmt
Book Value$63,288BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$63,288TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$993,989TotalRevEtcAuditedFinclStmtAmt
Other Revenue$13,571OtherRevenueAmt
Revenue Not Reported$13,571RevenueNotReportedAmt
Revenue Subtotal$980,418RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$980,418TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,020,009TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$13,571OtherExpensesIncludedAmt
Expenses Not Reported$13,571ExpensesNotReportedAmt
Expenses Subtotal$1,006,438ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,006,438TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Fundraising expenses - 13571
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Fundraising expenses - 13571

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1Lauren WesleyBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1707 W Waveland AveAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60613ZIPCd
FieldValueIRS element (for citing)
ActivityGrant WritingActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$927,628GrossReceiptsAmt
Retained By Contractor$48,000RetainedByContractorAmt
Net To Organization$879,628NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$927,628TotalGrossReceiptsAmt
Total Retained By Contractors$48,000TotalRetainedByContractorsAmt
Total Net To Organization$879,628TotalNetToOrganizationAmt
Licensed StatesILLicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
Food and Meals798$0$21,830FMVFood
Participant Stipends81$113,260
Transportation gift cards54$3,280

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationR.E.A.D.Y. to Work stipends are given out to individuals who fall within the program age brackets and complete the program registration. The participants receive the stipends bi-weekly for the duration of their participation in the program and stipends distributed are matched against budget amounts and reconciled. The organization received 700 food boxes throughout 2022, which were distributed one box per needy family on a weekly basis. They also provided transportation assistance to program participates as they expressed need.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 15bThe organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsJames T. Meeks, President/Chairman and Jamell Meeks, Board Member - Family relationship
Form 990, Part VI, Line 3 Delegation of management dutiesThe role of the Executive Director is filled by Shenita Muse, who was employed and compensated for part of the year by Salem Baptist Church. Under a management services contract with Salem Baptist Church, Hope Center Foundation paid $95,113 to Salem Baptist Church to cover the Executive Director's salary, benefits and payroll taxes for services provided to the organization.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyOne of the Directors of Hope Center Foundation shall be appointed by the Board of Directors of Salem Baptist Church.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyForm 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policyThe organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialThe Executive Director's compensation is approved by the independent members of the board. Comparability data is used and this process is documented in the board minutes and HR file.
Form 990, Part VI, Line 19 Required documents available to the publicThe governing documents, conflict of interest policy and financial statements are available upon request.
Form 990, Part VIII, Line 11d Other Miscellaneous RevenueMisc income - Total Revenue: 2619, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2619;
Form 990, Part IX, Line 11g Other FeesProfessional services - Total Expense: 98245, Program Service Expense: 67485, Management and General Expenses: 30760, Fundraising Expenses: 0; Contractors - Total Expense: 18753, Program Service Expense: 18753, Management and General Expenses: , Fundraising Expenses: ; Payroll processing fees - Total Expense: 5174, Program Service Expense: 1721, Management and General Expenses: 3453, Fundraising Expenses: ;

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