HOPE COMMUNITY INC

MINNEAPOLIS, MN, 55404-2862 (612) 874-8867 Est. 1977 EIN 41-1292817

L410— Housing & Shelter Form 990 501(c)(3)

Mission

HOPE COMMUNITY CREATES CONNECTIONS THAT STRENGTHEN THE POWER OF COMMUNITY MEMBERS AND COMMUNITIES. HOPE CULTIVATES COMMUNITY LEADERS, BUILDS COMMUNITY CAPACITY, CARES FOR THE HOUSING AND COMMUNITY SPACES IT DEVELOPS, AND PURSUE EQUITY AND DIVERSITY IN ALL IT DOES.

Financials

Total Revenue

$3,594,701

Total Expenses

$4,104,786

Net Assets

$2,530,784

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

7.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 1.8%

Expenses ↓ 12.4%

Revenue Sources

Contributions 69.1% Earned revenue 25.6% Investment 1.5% Other 4.0%

Expense Breakdown

Program 82.9% Management 13.1% Fundraising 4.0%

Officers & Key Employees (17)

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Grants Received (62)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$3,594,701 ↑	$4,104,786	$2,530,784
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$3,529,911 ↑	$4,684,312	$3,995,045
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$3,276,829 ↓	$4,184,989	$5,063,300
2021 Form 990 Jan 1, 2021 to Dec 31, 2021	$3,542,167 ↑	$3,972,429	$6,093,374
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$3,264,816 ↑	$3,552,280	$6,400,982
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$2,068,371	$2,542,431	$5,981,644