2024-11-07T10:58:42-06:00 2023-12-31 382492570 DOEREN MAYHEW 56 CESAR E CHAVEZ AVE SW STE 100 GRAND RAPIDS MI 49503 990 2023-01-01 383194361 HOPE NETWORK AFFORDABLE INDEPENDENT LIVING FKA 54TH STREET NPHC 54TH 6163018000 3075 ORCHARD VISTA DR SE GRAND RAPIDS MI 49546 HEATHER ZAK CHIEF FINANCIAL OFFICER 6163018000 2024-11-05 1 0 DANIELLE G PENNINGS CPA P01387560 6162355200 2024-11-01 2023 2024-10-15 13:58:12Z HEATHER ZAK 3075 ORCHARD VISTA DR SE GRAND RAPIDS MI 49546 739929 0 X WWW.HOPENETWORK.ORG X 1994 MI IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE. 3 0 0 0 0 0 276051 291592 435221 403760 14672 23837 0 20740 725944 739929 0 0 0 0 0 0 0 0 0 194792 154994 194792 154994 531152 584935 6227635 8790695 47193 2025276 6180442 6765419 IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE. 0 0 134328 424500 HOPE NETWORK HOUSING DEVELOPMENT CORPORATION IS WORKING IN CONNECTION WITH THE MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY TO DEVELOP LOW INCOME HOUSING PROJECTS FOR PERSONS QUALIFYING UNDER GUIDELINES ESTABLISHED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 134328 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X HEATHER ZAK 6163018000 3075 ORCHARD VISTA DR SE GRAND RAPIDS MI 49546 ROBERT VON KAENEL JR PRESIDENT 0.30 40.00 X X 0 474475 13308 TIMOTHY BECKER VICE PRESIDENT AND SECRETA 0.30 40.00 X X 0 286556 19900 HEATHER ZAK TREASURER 0.30 40.00 X X 0 203920 9683 WILLIAM ANSTEY FORMER TREASURER 0.30 40.00 X X 0 122397 3451 ANTHONY BARKER EXECUTIVE DIRECTOR HOUSING 10.00 30.00 X 0 144615 8324 ANDRE PIERRE FORMER TREASURER 0.30 40.00 X 0 40475 0 PHILLIP W WEAVER FORMER PRESIDENT 0.30 40.00 X 0 199567 443 0 1472005 55109 0 1 1 0 0 291592 291592 DEVELOPER FEE INCOME 531390 403802 403802 INVESTMENT LOSS FROM S 531110 -42 -42 403760 23837 23837 MISCELLANEOUS 531310 20740 20740 20740 739929 424500 0 23837 X 20150 20150 39713 39713 1084 1084 90096 89580 516 3552 3552 399 399 154994 134328 20666 0 1017528 1998980 2010524 3667683 3249333 34091 34804 1091219 1079940 417114 417114 6227635 8790695 47193 1394 2010524 0 13358 47193 2025276 X 6180442 6765419 6180442 6765419 6227635 8790695 X 584935 42 X 0 0 0 X X 1 HOPE NETWORK 386108186 10 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1: HOPE NETWORK AFFORDABLE INDEPENDENT LIVING NPHC IS A TYPE I SUPPORTING ORGANIZATION OF HOPE NETWORK FOR THE PURPOSES OF FILING THE REQUIRED SCHEDULE A OF FORM 990. THE PRESIDENT OF HOPE NETWORK APPOINTS THE OFFICERS FOR HOPE NETWORK AFFORDABLE INDEPENDENT LIVING NPHC AND HOPE NETWORK IS THE SOLE MEMBER. PART I, LINE 12G, COLUMN IV HOPE NETWORK AFFORDABLE INDEPENDENT LIVING NPHC IS A TYPE I SUPPORTING ORGANIZATION OF HOPE NETWORK FOR THE PURPOSES OF FILING THE REQUIRED SCHEDULE A OF FORM 990. IT IS NOT LISTED ON THE ORGANIZATIONS GOVERNING DOCUMENT BECAUSE HOPE NETWORK HAS ALWAYS BEEN LISTED AS THE SOLE ELIGIBLE MEMBER OF THE CORPORATION SO IDENTIFICATION AS THE SUPPORTED ORGANIZATION WAS ASSUMED. HOPE NETWORK HAS AUTHORITY TO APPOINT ALL THE TRUSTEES OF THE CORPORATION, WHICH HAVE HISTORICALLY BEEN EXECUTIVE EMPLOYEES OF HOPE NETWORK. THUS, HOPE NETWORK MEETS DEFINITION OF THE SUPPORTED ORGANIZATION AS IT HAS SUCH POWER OF APPOINTMENT AND ABILITY TO ENSURE THAT THE CORPORATION SUPPORTS HOPE NETWORK. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEVELOPER FEE PAYABLE 13358 13358 X PART X, LINE 2: THE NETWORK FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) CODIFICATION PROVISIONS WHICH CLARIFY THE ACCOUNTING AND REPORTING FOR UNCERTAINTIES IN INCOME TAX LAW. THE PROVISIONS PRESCRIBE A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. 1 0 0 0 0 0 0 0 0 ROBERT VON KAENEL JR PRESIDENT 0 374154 0 93775 0 6546 0 0 0 13308 0 487783 0 0 TIMOTHY BECKER VICE PRESIDENT AND SECRETA 0 225728 0 56400 0 4428 0 0 0 19900 0 306456 0 0 HEATHER ZAK TREASURER 0 127668 0 73440 0 2812 0 0 0 9683 0 213603 0 0 PHILLIP W WEAVER FORMER PRESIDENT 0 14783 0 0 0 184784 0 0 0 443 0 200010 0 0 ANTHONY BARKER EXECUTIVE DIRECTOR HOUSING 0 128800 0 14025 0 1790 0 0 0 8324 0 152939 0 0 ANDRE PIERRE FORMER TREASURER 0 24425 0 0 0 16050 0 0 0 0 0 40475 0 0 PART I, LINE 3 THE TOP MANAGEMENT OFFICIAL IS EMPLOYED BY AN AFFILIATED ORGANIZATION. REVIEWS/STUDIES OF COMPARATIVE EXECUTIVE COMPENSATION WERE DONE BY TWO EXTERNAL AND ONE INTERNAL GROUP. ALL THREE REVIEWS WERE PRESENTED TO THE EXECUTIVE COMMITTEE OF THE AFFILIATE'S BOARD WHO MET, DISCUSSED, AND TOOK ACTION. THE AFFILIATE'S BOARD CHAIR COMMUNICATES THE GROUP DECISION IN WRITING TO THE APPROPRIATE STAFF TO EXECUTE CHANGES. PART I, LINE 4A PHILLIP W. WEAVER - $184,784 PAID BY RELATED ORGANIZATION ANDRE PIERRE - $16,050 PAID BY RELATED ORGANIZATION ANDRE PIERRE FORMER BOARD MEMBER FOR HNHDC & FORMER CFO OF HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 HEATHER ZAK BOARD MEMBER FOR HNHDC. CFO OF HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 ROBERT VON KAENEL JR BOARD MEMBER FOR HNHDC, PRESIDENT & CEO OF HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 TIMOTHY BECKER BOARD MEMBER FOR HNHDC, CHIEF OPERATING OFFICER FOR HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 WILLIAM ANSTEY FORMER BOARD MEMBER FOR HNHDC, DIRECTOR OF TREASURY SRVCS FOR HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 PHILLIP W WEAVER FORMER BOARD MEMBER FOR HNHDC, FORMER PRESIDENT & CEO OF HOPE NETWORK THERE WERE NO TRANSACTIONS WITH THE INDIVIDUAL. NO TRANSACTIONS OCCURRED BETWEEN HOPE NETWORK AND THE ENTITY. 0 FORM 990, PART VI, SECTION A, LINE 6 HOPE NETWORK IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A HOPE NETWORK IS THE SOLE MEMBER OF THE ORGANIZATION AND CAN APPOINT DIRECTORS TO THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL FROM HOPE NETWORK AND ITS BOARD OF TRUSTEES IS REQUIRED FOR CERTAIN LARGE EXPENDITURES AND OTHER MAJOR DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A COPY OF THE FORM 990 IS REVIEWED BY A NUMBER OF LEVELS OF MANAGEMENT, INCLUDING THE PERSON SIGNING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, THE BOARD MEMBERS SIGN A FORM THAT DETAILS CONFLICTS OF INTEREST, IF ANY. FORM 990, PART VI, SECTION B, LINE 15 SEE COMMENTS ON SCHEDULE J. FORM 990, PART VI, SECTION C, LINE 19 HOPE NETWORK MAKES DOCUMENTS AVAILABLE AS REQUIRED BY LAW. PAPER COPIES ARE PROVIDED UPON REQUEST PRESENTED IN PERSON AT HOPE NETWORK LEADERSHIP CENTER. FORM 990, PART IX, LINE 11G CONTRACTUAL EXPENSES: PROGRAM SERVICE EXPENSES 39,713. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,713. FORM 990, PART XI, LINE 9: PROGRAM RELATED INVESTMENT LOSS 42. 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