STRATEGY STUDIO / PUBLIC DATA EXPLORER

HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION (EIN 20-0875964)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-12-11
IRS object ID
202503469349200200
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-12-11T08:57:34-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN200875964EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Hope United Community Development CorporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOPEBusinessNameControlTxt
Foreign Phone6514023974ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 11996AddressLine1Txt
CityMinneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554110000ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRev Richard H ColemanPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone6514023974PhoneNum
Signature2025-12-12SignatureDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresswww.hopeunitedcdc.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$86,785GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$80,353ContributionsGiftsGrantsEtcAmt
Program Service Revenue$6,400ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$32InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$86,785TotalRevenueAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$7,787SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$36,110FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$13,361OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$200PrintingPublicationsPostageAmt
Other Expenses Total$14,629OtherExpensesTotalAmt
Total Expenses$72,087TotalExpensesAmt
Excess Or Deficit For Year$14,698ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$33,041NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets-$4,289OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$43,450NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$24,138BOYAmt
EOY$39,835EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$11,112BOYAmt
EOY$3,712EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$35,250BOYAmt
EOY$43,547EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,209BOYAmt
EOY$97EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$33,041BOYAmt
EOY$43,450EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeCatalyst of hope providing social and economic services.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomConducted 20 workshops and forums through our African American Male Alliance Mentoring Program and Bridge of Reconciliation serving serving 205 individuals. Relaunched Connect to Success a workforce development workshop through a pilot engaging 6 clients. Provided financial professional development and community engagement support to the staff students and families of students of Franklin Middle School.DescriptionProgramSrvcAccomTxt
Grants And Allocations$40,500GrantsAndAllocationsAmt
Program Service Expenses$78,106ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$78,106TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Rev Richard H Coleman
Executive Director20$7,510$0$277
Cheryl Anderson
AccountantAdministrator15$2,980$0$0
Rev Dr Russell Pointer
Board Chair1$0$0$0
Lee Parker
Treasurer1$0$0$0
Rita Tolbert
Board Member1$0$0$0
Dr Herbert Klem
Board Member1$0$0$0
Lisa Erickson
Board Member1$0$0$0
Cam Selmer
Board Member1$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonRev Richard h ColemanPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1Hope United CDCAddressLine1Txt
Address Line23333 N 4th StAddressLine2Txt
CityMinnneapolisCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554122615ZIPCd
FieldValueIRS element (for citing)
Phone6514023974PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$132,129CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$461,145CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$287,655CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$80,474CurrentTaxYearMinus1YearAmt
Current Tax Year$86,753CurrentTaxYearAmt
Total$1,048,156TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$132,129CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$461,145CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$287,655CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$80,474CurrentTaxYearMinus1YearAmt
Current Tax Year$86,753CurrentTaxYearAmt
Total$1,048,156TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$151,905SubstantialContributorsTotAmt
Public Support Total170$896,251PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$101CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$180CurrentTaxYearMinus1YearAmt
Current Tax Year$32CurrentTaxYearAmt
Total$333TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,048,489TotalSupportAmt
Gross Receipts Rltd Activities$44,500GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8548PublicSupportCY170Pct
Public Support PY1700.8591PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 16| Other Expenses:, Amount:| Fees & License 51 OFFICE SUPPLISE 191 COMPUTER 991 BANK FEES 82 PROGRAM EXPENSES 11,934 ADVERTISING 1,380, $14629|
Part I, line 20| Explanation:, Amount:| ADJUSTMENT FOR FULLY DEPRECIATED OFFICE FURNITURE AND EQUIPMENT, $-4289|
Part II, line 24| Explanation:, BOYAmount:, EOYAmount:| UNDEPOSITED FUNDS - $3,050.42 EMPLOYEE MEDICAL PREMIUM REIMB - 662.41, $11112, $3712|
Part II, line 26| Explanation:, BOYAmount:, EOYAmount:| Credit Card Balance, $2209, $97|