Nonprofit · EIN 41-2019565
HOPE CHEST FOR BREAST CANCER FOUNDATION
Tax-exempt · WAYZATA, MN 55391
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,134,223 | $1,862,892 | $271,331 | $2,407,758 | $1,031,749 | $1,376,009 |
| December 31, 2023 | 990 | $1,562,026 | $1,516,568 | $45,458 | $1,075,637 | $59,125 | $1,016,512 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,263,005
- Program service revenue
- $0
- Investment income
- $18,705
- Net gain from sales of assets
- $10,030
- Net income from fundraising events
- -$147,487
- Other revenue
- -$147,487
Expenses
- Grants and similar amounts paid
- $186,943
- Other salaries and wages
- $495,122
- Salaries, compensation and benefits (total)
- $495,122
- Professional fundraising fees
- $0
- Legal fees
- $150
- Accounting fees
- $129,363
- Occupancy
- $14,645
- Depreciation
- $36,293
- Program services (functional)
- $1,587,395
- Management and general (functional)
- $148,249
- Fundraising (functional)
- $127,248
Balance sheet and other
- Total assets, start of year
- $1,075,637
- Total assets, end of year
- $2,407,758
- Total liabilities, end of year
- $1,031,749
- Net assets, end of year
- $1,376,009
- Land, buildings and equipment
- $1,235,064
- Publicly traded securities
- $360,149
- Net assets without donor restrictions
- $1,376,009
- Gross receipts
- $3,489,019
- Employees
- 25
- Volunteers
- 24
- Year formed
- 2001
- State of legal domicile
- MN
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 |
|---|---|---|---|
| MAUREEN SCALLEN FAILOR | EXECUTIVE DIRECTOR Officer | 40 | $110,462 |
| NATASHA FREIMARK | CHAIR Trustee or director, Officer | 1 | $0 |
| LAURA HOLASEK | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| SHANNON MCDONOUGH | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHERYL BUTZ | TREASURER Trustee or director, Officer | 1 | $0 |
| CALLIE BRIESE | PAST CHAIR Trustee or director | 1 | $0 |
| LINDSEY HAGAN | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA HENSLEY | DIRECTOR Trustee or director | 1 | $0 |
| ALESHA HODORFF | DIRECTOR Trustee or director | 1 | $0 |
| KARA JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE JOURDAN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREA LARSON KERRISON | DIRECTOR Trustee or director | 1 | $0 |
| SARA SOLI | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY STEVER | DIRECTOR Trustee or director | 1 | $0 |
| CARMEN WAMRE | DIRECTOR Trustee or director | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH WONG | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAUREEN SCALLEN FAILOR | EXECUTIVE DIRECTOR Officer | 35 | $60,250 |
| CALLIE BRIESE | CHAIR Trustee or director, Officer | 1 | $0 |
| KAREN LARSON | TREASURER Trustee or director, Officer | 1 | $0 |
| SHANNON MCDONOUGH | SECRETARY Trustee or director, Officer | 1 | $0 |
| NATASHA FREIMARK | VICE CHAIR Trustee or director | 1 | $0 |
| LINDSEY HAGAN | PAST CHAIR Trustee or director | 1 | $0 |
| LIZ GRABEK | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA HENSLEY | DIRECTOR Trustee or director | 1 | $0 |
| ALESHA HODORFF | DIRECTOR Trustee or director | 1 | $0 |
| LAURA HOLASEK | DIRECTOR Trustee or director | 1 | $0 |
| MICHELLE JOURDAN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREA LARSON KERRISON | DIRECTOR Trustee or director | 1 | $0 |
| SARA SOLI | DIRECTOR Trustee or director | 1 | $0 |
| SHELLY STEVER | DIRECTOR Trustee or director | 1 | $0 |
| CARMEN WAMRE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3850 SHORELINE DR, WAYZATA, MN 55391-9785
- In care of
- % BARBARA S HENSLEY
- Principal officer (990 for 2024)
- MAUREEN SCALLEN FAILOR, 3850 SHORELINE DRIVE SOUTH, WAYZATA, MN 55391
- Signed the 990
- MAUREEN SCALLEN FAILOR, EXECUTIVE DIRECTOR
- Phone
- (952) 471-8701
- Website
- WWW.HOPECHEST.COM
- Return prepared by
- CARPENTER EVERT & ASSOCIATES LTD
Mission
SEE SCHEDULE O.THE HOPE CHEST FOR BREAST CANCER FOUNDATION PROVIDES THE QUICKEST ACCESS TO HELP WITH THE MOST URGENT DAILY LIVING NEEDS OF LOCAL BREAST CANCER PATIENTS AND THEIR FAMILIES IN MINNESOTA. HOPE CHEST EMERGENCY ASSISTANCE PROGRAMS PROVIDE EMERGENCY FINANCIAL ASSISTANCE FOR RENT, UTILITIES, TRANSPORTATION AND CHILD CARE.
Program accomplishments
- PATIENT GRANTS PROGRAM - 297 PATIENTS SERVED. PROVIDED $173,245 IN GRANTS TO MN BREAST CANCER PATIENTS - PATIENT GRANT BROCHURE ATTACHED. WITH THE ACQUISITION OF THE RESALE STORE, WE ARE PROJECTED TO INCREASE OUR DISTRIBUTION BY 30%.Expenses $422,987 · grants $186,943
- RESALE STORE PROGRAM - THIS PROGRAM STARTED WHEN WE ACQUIRED THE STORE IN JUNE OF 2025. THE RESALE STORE IS A HIGH-END STORE THAT SELLS CLOTHING, JEWELRY, ART, AND FURNITURE. WE ANTICIPATE THAT IN 2025 WE WILL INCREASE THE FOUNDATION REVENUE BY $1.1 MILLION. NO DATA IS AVAILABLE ABOUT CUSTOMER TRAFFIC ETC. IN 2024. TRACKING IS IN PLACE FOR 2025. DONATIONS ARE MADE BY INVIDIUDALS, ESTATES, AND RETAILERS IN THE METRO AREA.Expenses $1,164,408
- EVENTS PROGRAMS - WE CONDUCT 2 LARGE SCALE EVENTS ANNUALLY. RUNWAY FOR HOPE AND WINE AND DINE. THESE ARE THE TWO BIG FUNDRIASERS FOR THE YEAR. AVERAGE ATTENDENCE IS 225 FOR 2024. THE GOAL IS TO INCREASE ATTENDANCE BY 10% AS WELL AS 12% INCREASE IN REVENUE.
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
- 41-2019565
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,407,758
- Income (IRS master file)
- $3,489,019
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,134,223 | $1,862,892 | $2,407,758 | XML |
| 990 | December 2023 | $1,562,026 | $1,516,568 | $1,075,637 | XML |
| 990 | December 2022 | $1,354,134 | $1,402,540 | $908,159 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 41-2019565).
Questions about HOPE CHEST FOR BREAST CANCER FOUNDATION
- What is the EIN of HOPE CHEST FOR BREAST CANCER FOUNDATION?
- The employer identification number (EIN) of HOPE CHEST FOR BREAST CANCER FOUNDATION is 41-2019565.
- Is HOPE CHEST FOR BREAST CANCER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to HOPE CHEST FOR BREAST CANCER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOPE CHEST FOR BREAST CANCER FOUNDATION 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 CHEST FOR BREAST CANCER FOUNDATION 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 CHEST FOR BREAST CANCER FOUNDATION 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 CHEST FOR BREAST CANCER FOUNDATION?
- The 990 for the year ended December 31, 2024 names MAUREEN SCALLEN FAILOR.
- Who are the officers and directors of HOPE CHEST FOR BREAST CANCER FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $110,462 (MAUREEN SCALLEN FAILOR, EXECUTIVE DIRECTOR).
- How much revenue does HOPE CHEST FOR BREAST CANCER FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,134,223, expenses of $1,862,892 and total assets of $2,407,758 at year end.
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