Nonprofit · EIN 37-1290594
HOMES OF HOPE INC
Tax-exempt · NORMAL, IL 61761
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,187,938 | $2,917,780 | $270,158 | $1,000,379 | $391,339 | $609,040 |
| June 30, 2024 | 990 | $2,670,326 | $2,734,006 | -$63,680 | $665,166 | $326,284 | $338,882 |
| June 30, 2023 | 990 | $2,472,503 | $2,492,338 | -$19,835 | $674,235 | $271,673 | $402,562 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,824,162
- of which government grants
- $2,700,980
- Program service revenue
- $360,239
- Investment income
- $1,500
- Net gain from sales of assets
- $1,500
- Other revenue
- $2,037
Expenses
- Grants and similar amounts paid
- $44,074
- Compensation of officers, directors and key employees
- $120,325
- Other salaries and wages
- $1,876,431
- Salaries, compensation and benefits (total)
- $2,288,125
- Professional fundraising fees
- $0
- Accounting fees
- $13,950
- Occupancy
- $95,192
- Depreciation
- $30,419
- Program services (functional)
- $2,517,465
- Management and general (functional)
- $279,146
- Fundraising (functional)
- $121,169
Balance sheet and other
- Total assets, start of year
- $665,166
- Total assets, end of year
- $1,000,379
- Total liabilities, end of year
- $391,339
- Net assets, end of year
- $609,040
- Land, buildings and equipment
- $118,112
- Net assets without donor restrictions
- $609,040
- Gross receipts
- $3,187,938
- Employees
- 51
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- IL
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAUREEN WYHS | EXECUTIVE DIR. Officer | 40 | $116,150 | $4,175 |
| MAGGIE MURPHY SEVERINO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LARRY HOPKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PAULA PORTER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DR SUSAN PRENDERGAST | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| PAULA SWEENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KORI FOLKERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRENDA JEAKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAUREEN WYHS | EXECUTIVE DIR. Officer | 40 | $108,689 | $3,433 |
| MAGGIE MURPHY SEVERINO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LARRY HOPKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PAULA PORTER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DR SUSAN PRENDERGAST | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| PAULA SWEENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KORI FOLKERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRENDA JEAKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAUREEN WYHS | EXECUTIVE DIR. Officer | 40 | $113,407 | $3,496 |
| MAGGIE MURPHY SEVERINO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LARRY HOPKINS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PAULA PORTER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DR SUSAN PRENDERGAST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAULA SWEENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 705 E LINCOLN ST STE 313, NORMAL, IL 61761-6406
- In care of
- % DAVID C WOCHNER
- Principal officer (990 for 2024)
- MAGGIE MURPHY SEVERINO, 705 E LINCOLN STREET 313, NORMAL, IL 61761
- Signed the 990
- MAGGIE MURPHY SEVERINO, PRESIDENT
- Phone
- (309) 452-7131
- Website
- WWW.HOMESOFHOPEINC.ORG
- Return prepared by
- STRIEGEL KNOBLOCH & COMPANY LLC
Mission
TO PROVIDE HOUSING ASSISTANCE AND TRAINING TO DEVELOPMENTALLY DISABLED INDIVIDUALS.
Program accomplishments
- RESIDENTIAL LIVING AND SUPPORT FOR INDIVIDUAL RESIDENTS WHOM ARE DEVELOPMENTALLY DISABLED. THE ORGANIZATION OPERATES RESIDENCES IN BLOOMINGTON-NORMAL FOR DISABLED INDIVIDUALS IN THE COMMUNITY.Expenses $2,517,465 · grants $44,074 · revenue $360,239
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 37-1290594
- 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
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80Z)
- Assets (IRS master file)
- $1,000,379
- Income (IRS master file)
- $3,187,938
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,187,938 | $2,917,780 | $1,000,379 | IRS |
| 990 | June 2024 | $2,670,326 | $2,734,006 | $665,166 | XML |
| 990 | June 2023 | $2,472,503 | $2,492,338 | $674,235 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 37-1290594).
Questions about HOMES OF HOPE INC
- What is the EIN of HOMES OF HOPE INC?
- The employer identification number (EIN) of HOMES OF HOPE INC is 37-1290594.
- Is HOMES OF HOPE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to HOMES OF HOPE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMES OF HOPE 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 HOMES OF HOPE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOMES OF HOPE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOMES OF HOPE INC?
- The 990 for the year ended June 30, 2025 names MAGGIE MURPHY SEVERINO.
- Who are the officers and directors of HOMES OF HOPE INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $116,150 (MAUREEN WYHS, EXECUTIVE DIR.).
- How much revenue does HOMES OF HOPE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,187,938, expenses of $2,917,780 and total assets of $1,000,379 at year end.
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