Public Charity

COMMUNITIES OF HOPE INC

COMMUNITIES OF HOPE INC is a Public Charity headquartered in FENTON, MI. Financial data from the 2024 filing: $9.4M revenue, $698K expenses, $10.8M total assets.

EIN: 264468628 FENTON, MI Human Service Organizations NTEE: P20 Latest filing: 2024
Total Revenue$9.4M
Total Expenses$698K
Total Assets$10.8M
Grant Records0
Filing Years2019–2024

Mission

TO ASSIST LOW-INCOME INDIVIDUALS IN OBTAINING BASIC NEEDS AND SERVICES IN AN AFFORDABLE HOUSING ENVIRONMENT.

Where $100 goes at Communities of Hope Inc

How Communities of Hope Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
Operated twelve residential housing complexes for low-income tenants
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Cyndi Stempien
DIRECTOR Denise Beale
DIRECTOR Donna Harris
DIRECTOR Dr Latasha Patman
TREASURER Jason Ostrander
DIRECTOR Johnnie Boone

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $9.4M $698K $10.8M
2023 $675K $396K $10.6M
2022 $50K $64K $10.5M
2020 $-770K $16K $3.1M
2019 $17K $18K $3.9M

Between 2019 and 2024, reported annual revenue grew from $17K to $9.4M (+54783%), with total assets most recently reported at $10.8M.

Interactive year-over-year charts and full filing details available with membership.

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