NonprofitsHope Center Usa

Human Services

Hope Center Usa

LAKE ZURICH, IL

Total revenue

$1.1M

Total expenses

$750K

Net assets

$560K

Grants received

$45K

9 grants

EIN

873003753

Tax year

2023

Mission

The mission of The Hope Center is to help restore what is broken in our world, in our community, and in each of us.

Programs

2 programs

Hope Farm - HOPE Farm sprouted from a simple idea: wouldn't it be wonderful if our food pantry could offer beautifully ripe, nutritious veggies and fruit? 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.

Expenses: $126K

Benevolence - The benevolence program assists individuals who find 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.

Expenses: $69KGrants: $16K

Financials

FY 2023

Revenue

Contributions & grants$990K
Program service revenue$609
Investment income$3K
Other revenue$89K
Total revenue$1.1M

Expenses

Grants paid$16K
Salaries & benefits$313K
Fundraising$91K
Other expenses$422K
Total expenses$750K
Total assets$578K
Net assets$560K

People

6 listed

NameRoleCompensation

Terrance Wallace

Executive Dir.

Board

$44K

40 hrs/wk

Jason Sfire

President

Board

0

Scott DeGraeve

Treasurer

Board

0

Kenneth Toeller

Vice President

Board

0

Gretchen Farb

Secretary

Board

0

Eric Shroeder

Director

Board

0

Grants received

Showing 9 of 9

FromAmountPurposeYear
$8K
COMMUNITY DEVELOPMENT
2024
$12K
For grant recipient's exempt purposes
2023
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$337
PROGRAM/OPERATING SUPPORT
2023
$237
PROGRAM/OPERATING SUPPORT
2023
$230
PROGRAM/OPERATING SUPPORT
2023
$7K
For grant recipient's exempt purposes
2022

Funded by

$45K from 5 funders · 9 grants · 2022–2024

Details

EIN873003753
NTEE codeP80
Subsection03
Ruling date2022-07
Formed2021
Employees5
Volunteers250
HOPE CENTER USA — Mission, Financials & Grants Received | Grantivo