2019-03-18T17:34:44-05:00 2018-06-30 043077056 MOODY FAMIGLIETTI & ANDRONICO LLP 1 HIGHWOOD DRIVE TEWKSBURY MA 01876 990 2017-07-01 042438910 HOPEWELL INC HOPE 6176292710 3 ALLIED DRIVE NO 308 DEDHAM MA 02026 HARRY BEDIG VICE PRESIDENT OF FINANCE 6176292710 2019-02-21 1 MATTHEW KALIL CPA MBA P01517069 9785575300 2019-02-21 64.27.39.203 2019-02-21 11:56:26 ES P 56F56A86B588C7466D5486F20020F0BD439B6F32 E1D2BF9BD6EE0870F11924BD59E9D7BF96EE3504 2017 2019-02-21 02:37:17Z SHAHEER MUSTAFA 3 ALLIED DRIVE NO 308 DEDHAM MA 02026 25383699 0 X WWW.HOPEWELLINC.ORG X 1967 MA TO PROVIDE FOSTER CARE, RESIDENTIAL, EDUCATIONAL AND COUNSELING SERVICES. 11 10 228 2 0 0 129123 154755 23150461 23106073 83121 35782 0 0 23362705 23296610 0 0 0 0 11034525 10437462 0 0 135518 12587645 12518452 23622170 22955914 -259465 340696 11274171 11549275 1843398 1610710 9430773 9938565 TO PROVIDE FOSTER CARE, RESIDENTIAL, EDUCATIONAL AND COUNSELING SERVICES. 0 0 15945917 18095572 FOSTER CARE SERVICES: INTENSIVE FOSTER CARE SERVICES PROVIDING PRIVATE PLACEMENT IN INDIVIDUAL HOMES FOR 723 YOUTH AND ADULT MR CLIENTS. 3468808 3591461 RESIDENTIAL SERVICES - PROVIDED SUPERVISED LIVING QUARTERS FOR 59 TEEN MOTHERS AND MR CLIENTS. 893999 1419040 COUNSELING SERVICES - PROVIDED COUNSELING SERVICES FOR 190 AT RISK YOUTH AND FAMILIES AND PARENTING MR MOTHERS. 20308724 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 228 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CT X THE ORGANIZATION 6176292710 3 ALLIED DRIVE NO 308 DEDHAM MA 02026 NATALIE COLMORE DIRECTOR 1.00 X 0 0 0 ELIOT T PUTNAM JR DIRECTOR 1.00 X 0 0 0 ALISON R QUINAN DIRECTOR 1.00 X 0 0 0 ELISA RODRIGUEZ DIRECTOR 1.00 X 0 0 0 JAMES ELIASON DIRECTOR 1.00 X 0 0 0 CASEY STRATFORD DIRECTOR 1.00 X 0 0 0 MAGGIE BURNS DIRECTOR (SINCE 6/5/18) 1.00 X 0 0 0 JAMES A MCDANIEL CHAIRMAN 1.00 X X 0 0 0 WILLIAM K WOODARD TREASURER 1.00 X X 0 0 0 CHARLES CABOT III CLERK 1.00 X X 0 0 0 SHAHEER MUSTAFA PRESIDENT/CEO 35.00 X X 207312 0 32096 NANCY MEAD ASST CLERK (UNTIL 6/5/18) 1.00 X 0 0 0 KIM STAMNAS ASST CLERK (SINCE 6/5/18) 0.00 X 0 0 0 HARRY BEDIG VP OF FINANCE 35.00 X 145047 0 29468 VIJAY DALAL VP OF OPERATIONS 35.00 X 133051 0 29439 485410 0 91003 3 0 1 0 JAKE NELLY & ASSOCIATES 27 ELM STREET BRAINTREE MA 02184 TEMPORARY STAFFING 121997 DELTA-T GROUP 233 NEEDHAM STREET NEWTON MA 02464 TEMPORARY STAFFING 108685 THE AMARAL GROUP LLC 2400 MASSACHUSETTS AVE CAMBRIDGE MA 02140 IT SUPPORT 108132 3 154755 154755 CONTRACT REVENUE 624100 20732449 20732449 OTHER STATE INCOME 624100 2076254 2076254 CLIENT FEES 624100 297250 297250 PRIVATE SERVICE FEES 624100 120 120 23106073 47899 47899 2074972 2087089 -12117 -12117 -12117 23296610 23106073 0 35782 409146 409146 7300734 6251035 1022541 27158 258118 206481 51486 151 1859395 1574494 277314 7587 610069 498614 109289 2166 41546 612 40934 43156 43156 13378 13378 544862 339050 121474 84338 61552 37307 24049 196 313262 237961 71930 3371 1027060 880655 140751 5654 253778 237835 15913 30 4942 3492 1436 14 199504 168749 29651 1104 193163 138762 53978 423 MENTOR PAYMENTS 8685554 8685554 RECREATION & YOUTH EXPE 437404 436838 566 CLOTHING & BIRTHDAY SUP 375532 375532 FOOD 119085 112815 6240 30 204674 122938 78440 3296 22955914 20308724 2511672 135518 4241239 3114261 1070700 1888119 1812683 184044 398693 2806326 1627381 1069622 1178945 2797900 5040969 22547 3724 11274171 11549275 1497935 1225621 29010 105215 22547 3724 244606 244606 49300 31544 1843398 1610710 X 9430773 9938565 9430773 9938565 11274171 11549275 340696 167096 0 X X 0 1 X 1 0 X 92229 45613 56347 129123 154755 478067 92229 45613 56347 129123 154755 478067 132060 346007 57468 90409 38574 83121 35782 305354 1300 898 1153 3351 786772 117852795 0.43980 0.52200 X 0 22547 18823 3724 1 237060 237060 1353181 797484 555697 126153 86648 39505 390857 293194 97663 699075 450055 249020 1178945 CAPITAL LEASE OBLIGATIONS 31544 31544 X 23450328 167096 167096 23283232 13378 13378 23296610 22942536 0 22942536 13378 13378 22955914 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. HOWEVER, IN CERTAIN CIRCUMSTANCES, THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM UNRELATED TRADE OR BUSINESS INCOME. AS OF JUNE 30, 2018, MANAGEMENT HAS DETERMINED THAT IT DOES NOT HAVE ANY LIABILITIES ASSOCIATED WITH UNRELATED TRADE OR BUSINESS INCOME. AS A RESULT, NO PROVISION FOR INCOME TAXES IS PRESENTED IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. X X X 0 0 0 0 0 0 0 0 0 SHAHEER MUSTAFA PRESIDENT/CEO 207312 0 0 0 0 0 10833 0 21263 0 239408 0 0 0 HARRY BEDIG VP OF FINANCE 145047 0 0 0 0 0 9031 0 20437 0 174515 0 0 0 VIJAY DALAL VP OF OPERATIONS 133051 0 0 0 0 0 8341 0 21098 0 162490 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS INDIVIDUAL AND CORPORATE MEMBERS WHOSE SOLE RESPONSIBLITY IS TO ATTEND AN ANNUAL MEETING AND ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS AND CHARGED WITH ALL CORPORATE GOVERNANCE MATTERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BY THE ORGANIZATION PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICTS OF INTEREST POLICY BY REQUIRING AN ANNUAL AFFIRMATION OF THE POLICY BY ALL EMPLOYEES AND BOARD MEMBERS. IN ADDITION, THE BOARD OF DIRECTORS IS CHARGED WITH MONITORING AND ENFORCING THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 AN ANNUAL COMPENSATION COMMITTEE REVIEWS THE PRESIDENT'S AND THE KEY EMPLOYEES' PERFORMANCE, ANALYZES COMPARABLE COMPENSATION OBTAINED FROM AGENCY UFRS AND 990S, MAKES FINDINGS AS TO REASONABLENESS OF COMPENSATION, AND MAKES RECOMMENDATIONS REGARDING COMPENSATION THAT ARE REVIEWED WITH THE FULL BOARD OF DIRECTORS. THE MINUTES OF THE MEETING ARE RECORDED AND ANY SUPPLEMENTAL INFORMATION IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT FOR THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED DURING THE YEAR.