Overview

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Est.

2010

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC is a nonprofit organization dedicated to economic development and community improvement, focusing on providing assistance to families in need of residential economic housing and job training programs to enhance life skills. With an operating budget of $1.1 million and total revenue of $1.2 million for the 2024 filing year, the organization demonstrates a strong financial presence, although it does not rely on any single funder for 50% or more of its revenue. Currently, the organization does not have a publicly available website.

Mission Statement

PROVIDE ASSISTANCE TO FAMILIES IN NEED OF RESIDENTIAL ECONOMIC HOUSING WITH JOBS TRAINING PROGRAMS TO ASSIST IN DEVELOPMENT OF LIFE SKILLS.
Revenues
$1.2M
Expenses
$1.1M
Net Income:
+$116.2K
Assets
$1.3M
Liabilities
$929.5K
Net Assets:
+$387.3K
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$25K
Largest grant received
$76.4K
S
Summer Riley
Board Member
P
Phil Resin
Board Member
T
Trent Tuel
Board Member

Frequently Asked Questions

What is HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC’s budget?
In 2024, HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC support?
HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC supports work in Community improvement and Economic development.
Where does HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC operate?
HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC is headquartered in Cedar Rapids, IA.
Who funded HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC recently?
In 2024, HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC received grants from HOUSING FUND FOR LINN COUNTY, DONOR ADVISED CHARITABLE GIVING INC, and NATL CHRISTIAN CHARITABLE FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC received in 2024?
The largest grant to HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC in 2024 exceeds $76 thousand.
What is HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC’s reliance on government grants?
HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC relied on government grants for more than 5% of their total revenue in 2024.