Nonprofit · EIN 20-0875964
HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · MINNEAPOLIS, MN 55411
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $50,006 | $65,347 | -$15,341 | $28,109 | $0 | $28,109 |
| December 31, 2024 | 990-EZ | $86,785 | $72,087 | $14,698 | $43,547 | $97 | $43,450 |
| December 31, 2023 | 990 | $93,754 | $199,649 | -$105,895 | $35,250 | $2,209 | $33,041 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $49,994
- Program service revenue
- $0
- Investment income
- $12
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $18,450
- Salaries, compensation and benefits (total)
- $7,752
- Professional fees and payments to contractors
- $34,967
- Occupancy
- $7,800
- Printing, publications and postage
- $211
- Other expenses
- $14,617
- Program services (functional)
- $58,901
Balance sheet and other
- Total assets, start of year
- $43,547
- Total assets, end of year
- $28,109
- Total liabilities, end of year
- $0
- Net assets, end of year
- $28,109
- Cash, savings and investments
- $16,852
- Gross receipts
- $50,006
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cheryl Anderson | AccountantAdministrator | 15 | $10,950 |
| Rev Richard H Coleman | Executive Director | 20 | $7,500 |
| Rev Dr Russell Pointer | Board Chair | 1 | $0 |
| Lee Parker | Treasurer | 1 | $0 |
| Rita Tolbert | Board Member | 1 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rev Richard H Coleman | Executive Director | 20 | $7,510 |
| Cheryl Anderson | AccountantAdministrator | 15 | $2,980 |
| Rev Dr Russell Pointer | Board Chair | 1 | $0 |
| Lee Parker | Treasurer | 1 | $0 |
| Rita Tolbert | Board Member | 1 | $0 |
| Dr Herbert Klem | Board Member | 1 | $0 |
| Lisa Erickson | Board Member | 1 | $0 |
| Cam Selmer | Board Member | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Rev Richard Coleman | Executive Director Officer | 20 | $30,000 | $223 |
| Cheryl Anderson | Accountant Officer | 25 | $10,757 | $0 |
| Lee Parker | Board Member Trustee or director | 1 | $0 | $0 |
| Rita Tolbert | Board Member Trustee or director | 1 | $0 | $0 |
| Dr Herbert Klem | Board Member Trustee or director | 1 | $0 | $0 |
| Lisa Erikson | Board Member Trustee or director | 1 | $0 | $0 |
| Rev Dr Russell A Pointer Sr | Board Member Trustee or director | 1 | $0 | $0 |
| Cam Selmer | Board Member Trustee or director | 1 | $0 | $0 |
| Lonnie Humphrey | Board Chair/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11996, MINNEAPOLIS, MN 55411-0996
- In care of
- % RICHARD COLEMAN
- Signed the 990-EZ
- Rev Richard H Coleman, Executive Director
Mission
Catalyst of hope providing social and economic services.
Program accomplishments
- Conducted 16 workshops and forums through our African American Male Alliance Mentoring Program and Bridge of Reconciliation serving over 235 individuals. Held two Connect to Success workforce development workshops for the Minnesota National Guard with 42 RSP members participating. Provided financial professional development and community engagement support to staff students and families of Franklin Middle School. Launched Power of Food an initiative to address food insecurity through developing a regional economic development strategy to restore the regional food system.Expenses $58,901 · grants $3,245
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0875964
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $28,109
- Income (IRS master file)
- $50,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $50,006 | $65,347 | $28,109 | XML |
| 990-EZ | December 2024 | $86,785 | $72,087 | $43,547 | XML |
| 990 | December 2023 | $93,754 | $199,649 | $35,250 | XML |
| 990 | December 2022 | $287,756 | $220,683 | $149,229 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0875964).
Questions about HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION is 20-0875964.
- Is HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 2 received compensation from the organization, the highest $10,950 (Cheryl Anderson, AccountantAdministrator).
- How much revenue does HOPE UNITED COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $50,006, expenses of $65,347 and total assets of $28,109 at year end.
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