2025-10-22T10:34:45+00:00 2024-12-31 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2024-01-01 473874040 Hope Center Foundation HOPE 7733712345 10909 S Cottage Grove Avenue Chicago IL 60628 Shenita Muse Executive Director 7733712345 2025-10-22 true Sara Tibbott P01486965 5055022746 2025-10-22 2024 2025-03-06 01:10:19Z James T Meeks 10909 S Cottage Grove Avenue Chicago IL 60628 2759270 false X www.hopecenterchicago.org X 2015 IL Helping Chicago residents to transition out of poverty to living wage & into generational wealth 6 6 17 45 0 1642711 1343733 0 0 0 -181944 632 119033 1643343 1280822 366642 209930 0 0 773657 824857 32000 0 247 438598 568884 1610897 1603671 32446 -322849 3303549 5496396 3134344 4886304 169205 610092 The 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. false false 1147115 194119 R.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. 115432 Hope Center Foundation,in partnership with Chicago Neighborhood Initiatives (CNI) and United Power, will create a pathway to economic opportunity, homeownership, and generational wealth for low-to-moderate-income residents of the Roseland community in Chicago. The "Reclaiming Communities" project involves the construction of 1,000 single-family, affordable homes to help residents invest in and revitalize their own communities. 15811 15811 The organization provides assistance to those in need each year. Transportation grants through Ventra gift cards were given out to cover ride-sharing expenses to assist clients with their transportation needs. 1278358 true true false false false false false false false false true true false false false false true false false false false false false false true false false false true false false false false false false false false false true false false false false false false false false false false false true 37 0 true 17 true false false false false false false false false false false false false X 6 6 true false false false false true false true true false false false true true true true true true true false false false IL X Alex Garcia 7733712345 10909 S Cottage Grove Ave Chicago IL 60628 Cheryle Jackson Vice President 2.0 X X 0 0 0 Darryl Farrow Secretary/Treasurer 2.0 X X 0 0 0 James T Meeks President/CEO 5.0 X X 0 0 0 Henry D McGhee Jr Board Member 2.0 X 0 0 0 Jamell Meeks Board Member 2.0 X 0 0 0 Otis Wright Board Member 2.0 X 0 0 0 Shenita Muse Executive Director 40.0 X 116896 0 28038 116896 0 28038 1 false false false Toro Construction 15657 S 70th Ct Orlando Park IL 60642 Construction Services 306321 Greenline Concrete 6625 S Ingleside Ave Chicago IL 60637 Construction Services 108000 2 1143719 200014 1343733 0 0 0 0 0 0 0 1278129 1460073 0 -181944 -181944 -181944 38105 18375 19730 19730 Discount on Interest Free Loans 900099 92333 92333 6970 0 0 6970 99303 1280822 0 0 -62911 X 209930 209930 0 0 144934 110034 34900 104469 67698 36771 500825 380228 120597 25248 19168 6080 49381 37490 11891 21405 14961 6444 8331 8331 219440 179330 39874 236 35947 35947 22948 19610 3327 11 1250 1250 56566 34128 22438 7960 916 7044 143605 143605 11090 11090 Dues and Subscriptions 20754 16174 4580 Other Event Expenses 19588 7889 11699 0 0 0 0 1603671 1278358 325066 247 153912 236914 148489 423884 371676 0 0 0 0 3998594 26194 2725753 3972400 0 766917 0 0 0 3303549 5496396 347303 644165 0 0 0 2787041 4242139 0 0 3134344 4886304 X 169205 610092 169205 610092 3303549 5496396 -322849 597276 166460 0 X false true true false X 205971 517726 991370 1642711 1343733 4701511 0 0 205971 517726 991370 1642711 1343733 4701511 153329 4548182 0 19730 19730 9 9740 2619 632 99303 112303 4833544 0 0.94096 0.96423 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC INCOME, COLUMN A - 9.0, COLUMN B - 9740.0, COLUMN C - 2619.0, COLUMN D - 632.0, COLUMN E - 6970.0, COLUMN F - 19970.0; DESCRIPTION - DISCOUNT ON INTEREST FREE LOANS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 92333.0, COLUMN F - 92333.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 110000 110000 74067 26194 47873 3814527 3814527 3972400 Closely-held equity interests Financial derivatives Investment in LLC 766917 F 766917 1896473 597276 18375 615651 1280822 0 0 1280822 1622046 18375 18375 1603671 0 0 1603671 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising Event Expense - 18375 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Event Expense - 18375 Golf Outing 38105 38105 225 15204 365 2581 0 0 38105 38105 225 15204 365 2581 18375 19730 true Food and Meals 403 12094 FMV Food Participant Stipends 391 194119 Transportation gift cards 69 3717 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds R.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 also received 403 food boxes throughout 2024 which were distributed one box per needy family on a weekly basis. They also provided transportation assistance to program participants as they expressed need. Jordin Johnson Family member of Shenita Muse, Executive Director 89170 Wages false Form 990, Part VI, Line 15b The 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 persons James T. Meeks, President/CEO and Jamell Meeks, Board Member - Family relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body One 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 body Form 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 policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. An HR Consultant reviews the signed statements. 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 official The Executive Director's compensation is approved by the independent members of the board. Comparability data is used and the deliberation and decision is documented in the board minutes and HR file. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Income - Total Revenue: 6970, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6970; Form 990, Part IX, Line 11g Other Fees Professional services - Total Expense: 60572, Program Service Expense: 32011, Management and General Expenses: 28325, Fundraising Expenses: 236; Contractors - Total Expense: 83868, Program Service Expense: 77694, Management and General Expenses: 6174, Fundraising Expenses: ; Consulting - Total Expense: 75000, Program Service Expense: 69625, Management and General Expenses: 5375, Fundraising Expenses: ;