Nonprofit · EIN 27-2950701
HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC
Tax-exempt · CEDAR RAPIDS, IA 52403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,228,787 | $1,112,554 | $116,233 | $1,316,792 | $929,510 | $387,282 |
| December 31, 2023 | 990 | $922,610 | $871,768 | $50,842 | $1,174,071 | $903,022 | $271,049 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $597,711
- of which government grants
- $105,648
- Program service revenue
- $595,832
- Investment income
- $10
- Net income from sales of inventory
- $31,733
- Other revenue
- $35,234
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $618,960
- Salaries, compensation and benefits (total)
- $712,410
- Professional fundraising fees
- $18,257
- Accounting fees
- $11,762
- Occupancy
- $41,243
- Travel
- $18,318
- Depreciation
- $40,562
- Program services (functional)
- $912,860
- Management and general (functional)
- $181,437
- Fundraising (functional)
- $18,257
Balance sheet and other
- Total assets, start of year
- $1,174,071
- Total assets, end of year
- $1,316,792
- Total liabilities, end of year
- $929,510
- Net assets, end of year
- $387,282
- Land, buildings and equipment
- $627,581
- Net assets without donor restrictions
- $387,282
- Gross receipts
- $1,812,004
- Employees
- 41
- Volunteers
- 100
- Year formed
- 2010
- State of legal domicile
- IA
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Kolder | Director Trustee or director | 1 | $0 |
| Kim Reem | Director Trustee or director | 1 | $0 |
| Phil Resin | Director Trustee or director | 4 | $0 |
| Summer Riley | Director Trustee or director | 1 | $0 |
| Trent Tuel | Director Trustee or director | 1 | $0 |
| Mike Johnson | Chairman Trustee or director, Officer | 6 | $0 |
| Terry Knake | Vice-Chairman Trustee or director, Officer | 2 | $0 |
| Ken Kolek | Treasurer Trustee or director, Officer | 1 | $0 |
| Ron Ziegler | Secretary Trustee or director, Officer | 36 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Resin | Director Trustee or director | 4 | $0 |
| Kim Reem | Director Trustee or director | 1 | $0 |
| Trent Tuel | Director Trustee or director | 1 | $0 |
| Summer Riley | Director Trustee or director | 1 | $0 |
| Travis Kolder | Director Trustee or director | 1 | $0 |
| Mike Johnson | Chairman Trustee or director, Officer | 6 | $0 |
| Ron Ziegler | Secretary Trustee or director, Officer | 36 | $0 |
| Ken Kolek | Treasurer Trustee or director, Officer | 1 | $0 |
| Terry Knake | Vice-Chairman Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 842 14TH ST SE, CEDAR RAPIDS, IA 52403-1211
- In care of
- % RON ZIEGLER
- Mailing address (990-N for 2012)
- 5925 Council Street NE Suite 130, Cedar Rapids IA 52402
- Principal officer (990-N for 2012)
- Rod Dooley, 4800 Morelle Road NE, Cedar Rapids IA 52411
- Signed the 990
- RON ZIEGLER, Secretary
- Phone
- (319) 826-2309
- Website
- HopeCDAcr.org
- Return prepared by
- Freeman & Bonnema PLLC
Mission
Equiping individuals to transform their lives through gainful employment and skillful living and to provide assistance to lower income families in need of housing.
Program accomplishments
- Acquisition and refurbishment of blighted houses to be sold to low-to-moderate income families. And, home buyer closing cost/down payment assistance.Expenses $754,573 · revenue $546,446
- Supportive housing for participants in the life transformation and career training program. Life skills classes.Expenses $90,758 · revenue $51,357
- Career training including on the job experience in construction landscaping, as well as job preparation classes.Expenses $67,529 · revenue $84,412
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2950701
- 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
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,316,792
- Income (IRS master file)
- $1,812,004
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,228,787 | $1,112,554 | $1,316,792 | IRS |
| 990 | December 2023 | $922,610 | $871,768 | $1,174,071 | XML |
| 990 | December 2022 | $924,428 | $940,375 | $1,117,935 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Rod Dooley | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-2950701).
Questions about HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC
- What is the EIN of HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC?
- The employer identification number (EIN) of HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC is 27-2950701.
- Is HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC 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 COMMUNITY DEVELOPMENT ASSOCIATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC?
- The 990-N for 2012 names Rod Dooley.
- Who are the officers and directors of HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does HOPE COMMUNITY DEVELOPMENT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,228,787, expenses of $1,112,554 and total assets of $1,316,792 at year end.
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