STRATEGY STUDIO / PUBLIC DATA EXPLORER

HOPE COMMUNITY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HOPE COMMUNITY INC (EIN 23-7013134)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202631359349303758
Schema version
2024v5.5
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)
Return2026-05-15T08:57:15-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN113266576PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRASSI ADVISORY GROUP INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1360 MADISON AVENUE 7TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237013134EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOPE COMMUNITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOPEBusinessNameControlTxt
Phone2128608821PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1174 EAST 104TH STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10029ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWALTER M ROBERTSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2128608821PhoneNum
Signature2026-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAIME RAPPSPreparerPersonNm
PTINP01462990PTIN
Phone2126616166PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWALTER M ROBERTSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1174 EAST 104TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10029ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,444,504GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HOPECI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO DEVELOP, OWN, MANAGE, AND PROVIDE HOUSING FOR MODERATE INCOME INDIVIDUALS AS WELL AS PROVIDE HOUSING AND REHABILITATION SERVICES TO HOMELESS FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$257,052PYContributionsGrantsAmt
CY Contributions Grants$9,467CYContributionsGrantsAmt
PY Program Service Revenue$4,222,880PYProgramServiceRevenueAmt
CY Program Service Revenue$1,135,182CYProgramServiceRevenueAmt
PY Investment Income$7,252PYInvestmentIncomeAmt
CY Investment Income$103CYInvestmentIncomeAmt
PY Other Revenue$8,895PYOtherRevenueAmt
CY Other Revenue$299,752CYOtherRevenueAmt
PY Total Revenue$4,496,079PYTotalRevenueAmt
CY Total Revenue$1,444,504CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,467,796PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,977,457CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,421,507PYOtherExpensesAmt
CY Other Expenses$575,316CYOtherExpensesAmt
PY Total Expenses$6,889,303PYTotalExpensesAmt
CY Total Expenses$3,552,773CYTotalExpensesAmt
PY Revenues Less Expenses-$2,393,224PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,108,269CYRevenuesLessExpensesAmt
Total Assets BOY$48,268,215TotalAssetsBOYAmt
Total Assets EOY$47,972,140TotalAssetsEOYAmt
Total Liabilities BOY$11,252,900TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,312,233TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$37,015,315NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$31,659,907NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION DEVELOPS, OWNS, MANAGES AND PROVIDES HOUSING FOR MODERATE INCOME INDIVIDUALS AS WELL AS PROVIDES HOUSING AND REHABILITATION SERVICES TO HOMELESS FAMILIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,331,402ExpenseAmt
Revenue$361,095RevenueAmt
DescHOPE CONTINUES TO FOCUS ON PRESERVATION ACTIVITY THAT BOTH UPGRADE THE PHYSICAL CONDITION OF ITS BUILDINGS AND FINANCING SO THAT THE BUILDING REMAINS AFFORDABLE TO RESIDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Revenue$774,087RevenueAmt
DescTHE ORGANIZATION DEVELOPS, OWNS, MANAGES AND PROVIDES HOUSING FOR MODERATE INCOME INDIVIDUALS AS WELL AS PROVIDES HOUSING AND REHABILITATION SERVICES TO HOMELESS FAMILIES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,331,402TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee48EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WALTER M ROBERTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2128608821PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1174 EAST 104TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10029ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
BRAD BECKSTORM
PRESIDENT0.501.50Yes (X)Yes (X)$0$0$0
MAYA KURIEN
VICE PRESIDENT0.501.50Yes (X)Yes (X)$0$0$0
PATRICK YOUNG
SECRETARY0.501.50Yes (X)Yes (X)$0$0$0
WILLIAM OFENLOCH
TREASURER0.501.50Yes (X)Yes (X)$0$0$0
CLAYTON BANKS
DIRECTOR0.501.50Yes (X)$0$0$0
MADISON BEDARD
DIRECTOR0.501.50Yes (X)$0$0$0
STACY CRAWFORD
DIRECTOR0.501.50Yes (X)$0$0$0
MARISSA MACK
DIRECTOR0.501.50Yes (X)$0$0$0
MAX MARKHAM
DIRECTOR0.501.50Yes (X)$0$0$0
NIKKI MERKERSON
DIRECTOR0.501.50Yes (X)$0$0$0
VARUN SANYAL
DIRECTOR0.501.50Yes (X)$0$0$0
GEMMA THOMAS
DIRECTOR0.501.50Yes (X)$0$0$0
WALTER M ROBERTS
EXECUTIVE DIRECTOR34.001.00Yes (X)$137,950$0$7,346
NORMAN WILLIAMS III
DIRECTOR OF REAL ESTATE DEVELOPMENT34.001.00$117,409$0$0Yes (X)
RICHARD WINSLOW
DIRECTOR OF ASSET MANAGEMENT34.001.00$101,753$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$357,112TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$7,346TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$9,467AllOtherContributionsAmt
Total Contributions$9,467TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MANAGEMENT AND SOCIAL531390$731,952$731,952
RENTAL INCOME531390$361,095$361,095
BUILDING MAINTENANCE531390$42,135$42,135
FieldValueIRS element (for citing)
Total Program Service Revenue$1,135,182TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$103TotalRevenueColumnAmt
Exclusion$103ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$299,752TotalRevenueColumnAmt
Exclusion$299,752ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$299,752OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,444,504TotalRevenueColumnAmt
Related Or Exempt Func Income$1,135,182RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$299,855ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$137,950TotalAmt
Management And General$137,950ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,013,884TotalAmt
Program Services$2,013,884ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$59,301TotalAmt
Program Services$59,301ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$591,254TotalAmt
Program Services$591,254ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$175,068TotalAmt
Program Services$175,068ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$41,079TotalAmt
Management And General$41,079ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,342TotalAmt
Management And General$42,342ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$39,443TotalAmt
Program Services$39,443ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$346TotalAmt
Program Services$346ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$82,272TotalAmt
Program Services$82,272ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$213,110TotalAmt
Program Services$213,110ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$11,052TotalAmt
Program Services$11,052ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$103TotalAmt
Program Services$103ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,320TotalAmt
Program Services$8,320ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$26,529TotalAmt
Program Services$26,529ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$98,129TotalAmt
Program Services$98,129ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescREPAIRS & MAINTENANCEDesc
Total$12,591TotalAmt
Program Services$12,591ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,552,773TotalAmt
Program Services$3,331,402ProgramServicesAmt
Management And General$221,371ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$741,927BOYAmt
EOY$142,980EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,297,015BOYAmt
EOY$4,629,042EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,132,143BOYAmt
EOY$4,282,143EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$127,873BOYAmt
EOY$5,261EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,102,215LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,279,055LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$973,827BOYAmt
EOY$823,160EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$48,848BOYAmt
EOY$48,849EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$34,503,680BOYAmt
EOY$34,503,680EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,442,902BOYAmt
EOY$3,537,025EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$48,268,215BOYAmt
EOY$47,972,140EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,752,461BOYAmt
EOY$669,804EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,842,534BOYAmt
EOY$2,438,819EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$489,742BOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$212,891BOYAmt
EOY$199,980EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,955,272BOYAmt
EOY$13,003,630EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,252,900BOYAmt
EOY$16,312,233EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$37,015,315BOYAmt
EOY$31,659,907EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,015,315BOYAmt
EOY$31,659,907EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$48,268,215BOYAmt
EOY$47,972,140EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2,108,269ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$3,247,139PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$246,670CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$237,981CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$153,763CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$257,052CurrentTaxYearMinus1YearAmt
Current Tax Year$9,467CurrentTaxYearAmt
Total$904,933TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,281,594CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,505,567CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,475,251CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,222,880CurrentTaxYearMinus1YearAmt
Current Tax Year$1,135,182CurrentTaxYearAmt
Total$25,620,474TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,528,264CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,743,548CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,629,014CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,479,932CurrentTaxYearMinus1YearAmt
Current Tax Year$1,144,649CurrentTaxYearAmt
Total$26,525,407TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$26,525,407PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,536,041CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,348,023CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,819CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,252CurrentTaxYearMinus1YearAmt
Current Tax Year$103CurrentTaxYearAmt
Total$2,932,238TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,536,041CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,348,023CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,819CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,252CurrentTaxYearMinus1YearAmt
Current Tax Year$103CurrentTaxYearAmt
Total$2,932,238TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$15,466CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,307CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,469CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,895CurrentTaxYearMinus1YearAmt
Current Tax Year$299,752CurrentTaxYearAmt
Total$352,889TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,079,771CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,097,878CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,692,302CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,496,079CurrentTaxYearMinus1YearAmt
Current Tax Year$1,444,504CurrentTaxYearAmt
Total$29,810,534TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.88980PublicSupportCY509Pct
Public Support PY5090.86510PublicSupportPY509Pct
Investment Income CY0.09840InvestmentIncomeCYPct
Investment Income PY0.13310InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,500OtherCostOrOtherBasisAmt
Book Value$1,500BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$401,953OtherCostOrOtherBasisAmt
Depreciation$216,369DepreciationAmt
Book Value$185,584BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$176,386OtherCostOrOtherBasisAmt
Depreciation$104,000DepreciationAmt
Book Value$72,386BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$977,492OtherCostOrOtherBasisAmt
Depreciation$958,686DepreciationAmt
Book Value$18,806BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$544,884OtherCostOrOtherBasisAmt
Book Value$544,884BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$823,160TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENT IN AFFILIATESDesc
Book Value$34,503,680BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$34,503,680TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSIT$347
DUE FROM AFFILIATES$3,536,678
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,537,025TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO AFFILIATES$12,921,554
OTHER LIABILITIES$82,076
FieldValueIRS element (for citing)
Total Liability$13,003,630TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, LINE 2B:FormAndLineReferenceDesc
ExplanationHOPE COMMUNITY INC. HAD SECURITY DEPOSITS OF $489,742 AS OF 6/30/24. THE FUNDS WERE KEPT IN A SEPARATE BANK ACCOUNT, FOR THE FUTURE BENEFIT OF TENANTS UPON MOVING OUT OF THE PROPERTY AS REQUIRED BY THE REGULATORY AUTHORITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 5 & PART V, LINE 2ATHE ORGANIZATION USES A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR THE FILING OF FORMS W-2.
FORM 990, PART IV, LINE 12BAS OF THE DATE OF FILING THE AUDIT HAS NOT YET BEEN COMPLETED. FORM 990 HAS BEEN PREPARED BASED ON THE BEST INFORMATION AVAILABLE. SHOULD INFORMATION SUBSTANTIALLY CHANGE UPON COMPLETION OF THE AUDIT, APPROPRIATE ACTION WILL BE TAKEN.
FORM 990, PART VI, SECTION B, LINE 11BTHE COMPLETED FORM 990 WAS SUBMITTED TO ALL BOARD MEMBERS VIA US MAIL OR ELECTRONIC MAIL. PRIOR TO SUBMISSION TO THE IRS, THE 990 WAS APPROVED BY THE PRESIDENT OF THE BOARD OF DIRECTORS. ANY QUESTIONS OR CONCERNS RAISED BY THE BOARD OF DIRECTORS ARE ADDRESSED TO THE EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REQUIRE ANNUAL CERTIFICATIONS BY ALL MEMBERS AND KEY MEMBERS OF MANAGEMENT. MEMBERS WITH CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATION AND VOTING ON CONFLICTED ISSUES.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS REVIEW AND APPROVE ALL COMPENSATION FOR THE EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE NEW YORK STATE CHARITIES, REGISTRATION BUREAU.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1HOPE HEF CT LCCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1174 EAST 104TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10029ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesRENTALSPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$344,428EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1HOPE COMMUNITY INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
MUSCOOTA INC
174 EAST 104TH STREETNEW YORKNY10029133371670HOUSING SVCSNY501(C)(2)HOPE COMMUNITY INC0
RIOS SENIOR RESIDENCE HDFC
174 EAST 104TH STREETNEW YORKNY10029133738157HOUSING SVCSNY501(C)(3)HOPE COMMUNITY INC0LINE 7
239 EAST 115TH STREET HOUSING DEVELOPMENT
174 EAST 104TH STREETNEW YORKNY10029133660633HOUSING SVCSNY501(C)(3)HOPE COMMUNITY INC0LINE 7

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
HARLEM MEER LP
174 EAST 104TH STREETNEW YORKNY10029133769626RENTALSNYN/A00
NEW HARLEM VILLAGE II LP
174 EAST 104TH STREETNEW YORKNY10029133818164RENTALSNYN/A00
HOPE FOUNDERS LP
174 EAST 104TH STREETNEW YORKNY10029201198506RENTALSNYN/A00
OLD HARLEM ROAD LP
174 EAST 104TH STREETNEW YORKNY10029030385599RENTALSNYN/A00
QUATRO LEX LP
174 EAST 104TH STREETNEW YORKNY10029133737414RENTALSNYN/A00
MUSCOOTA HOPE LLC
174 EAST 104TH STREETNEW YORKNY10029270633711RENTALSNYN/A00
HOPE CANAAN 118 LLC
174 EAST 104TH STREETNEW YORKNY10029465031842RENTALSNYN/A00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
CANAAN HOPE INC
174 EAST 104TH STREETNEW YORKNY10029133770873RENTALSNYHOPE COMMUNITY INCC1.000000
HOPE FOUNDERS INC
174 EAST 104TH STREETNEW YORKNY10029201198638RENTALSNYHOPE COMMUNITY INCC1.000000
OLD HARLEM ROAD INC
174 EAST 104TH STREETNEW YORKNY10029752997280RENTALSNYHOPE COMMUNITY INCC1.000000
PLEASANT VILLAGE INC
174 EAST 104TH STREETNEW YORKNY10029300168299RENTALSNYHOPE COMMUNITY INCC1.000000
REVIVE 103 HOPE HDFC INC
174 EAST 104TH STREETNEW YORKNY10029262008800RENTALSNYHOPE COMMUNITY INCC1.000000
CALVERT APARTMENTS LLC
174 EAST 104TH STREETNEW YORKNY10029261904715RENTALSNYHOPE COMMUNITY INCC1.000000
ROOSEVELT LANE HOPE HOUSING DEVELOPMENT FUND COMPANY INC
174 EAST 104TH STREETNEW YORKNY10029273452635RENTALSNYHOPE COMMUNITY INCC1.000000
HOPE CROSSROADS HOUSING DEVELOPMENT FUND COMPANY INC
174 EAST 104TH STREETNEW YORKNY10029562508466RENTALSNYHOPE COMMUNITY INCC1.000000
NEW FRONTIERS 2 HOPE HOUSING DEVELOPMENT FUND COMPANY INC
174 EAST 104TH STREETNEW YORKNY10029263442846RENTALSNYHOPE COMMUNITY INCC1.000000
NEW FRONTIERS 1 HOPE HOUSING DEVELOPMENT FUND COMPANY LLC
174 EAST 104TH STREETNEW YORKNY10029262009242RENTALSNYHOPE COMMUNITY INCC1.000000
NEW FRONTIERS 3 HOPE HOUSING DEVELOPMENT FUND COMPANY INC
174 EAST 104TH STREETNEW YORKNY10029263442906RENTALSNYHOPE COMMUNITY INCC1.000000
NEW HARLEM VILLAGE I HOPE HOUSING DEVELOPMENT FUND COMPANY INC
174 EAST 104TH STREETNEW YORKNY10029273452423RENTALSNYHOPE COMMUNITY INCC1.000000
LENOX AVENUE DEVELOPER LLC
174 EAST 104TH STREETNEW YORKNY10029RENTALSNYHOPE COMMUNITY INCC1.000000
EAST HARLEM MEC PARCEL C HOUSING DEVELOPMENT FUND CORPORATION
174 EAST 104TH STREETNEW YORKNY10029271583671RENTALSNYHOPE COMMUNITY INCC1.000000
HOPE OPERATION FIGHT BACK LLC
174 EAST 104TH STREETNEW YORKNY10029832346430RENTALSNYHOPE COMMUNITY INCC1.000000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd