Skip to main content

Nonprofit · EIN 85-0746580

HOPE GAIN NETWORK

Tax-exempt · GRAND RAPIDS, MI 49507

Financials

$195K$190K2023$165K$161K2024
Revenue Expenses · by fiscal year end
Financials of HOPE GAIN NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$165,000$160,700$4,300$14,928$0$14,928
December 31, 2023990-EZ$195,173$190,345$4,828$10,628$0$10,628
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$165,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$45,500
Salaries, compensation and benefits (total)
$110,000
Professional fees and payments to contractors
$35,000
Occupancy
$15,000
Printing, publications and postage
$700
Program services (functional)
$146,000

Balance sheet and other

Total assets, start of year
$10,628
Total assets, end of year
$14,928
Total liabilities, end of year
$0
Net assets, end of year
$14,928
Cash, savings and investments
$14,928
Gross receipts
$165,000

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Sheri MunsellExecutive Director40$45,500
Kyle TuinstraSecretary5$0
Paris LaraPresident5$0
William BavierTreasurer5$0
Lena AgnewBoard Member5$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Sheri MunsellExecutive Director30$45,000
Kyle TuinstraSecretary10$0
Paris LaraPresident10$0
Sherrie HerterTREASURER20$0
William BavierBoard Member10$0

Address and contacts

Address (IRS master file)
1316 MADISON AVE SE, GRAND RAPIDS, MI 49507-1725
In care of
% SHERI MUNSELL
Mailing address (990-N for 2020)
1036 Logan St, GRAND RAPIDS MI 495065043
Principal officer (990-N for 2020)
Sheri Munsell, 1036 Logan St, GRAND RAPIDS MI 495065043
Signed the 990-EZ
Sheri Munsell, CEO
Phone
(616) 275-2242

Mission

To promote the well-being and economic self sufficiency of individuals living with mental illness by providing job training, placement services, and other resources that enable them to gain employment in remote work settings. Through our programs and services, we seek to empower individuals with mental illness to lead fulfilling and productive lives, while also advancing public understanding and awareness of mental health issues.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • We provided mentorship to 30 individuals living with mental illness through our "Hope from Home" program, connecting them with a mentor who supported them in their pursuit of employment.
    Expenses $126,000
  • Through our "Virtual Certify" program, we provided 1500 individuals living with mental illness access to the Google Career Certificate at no cost, as well as job readiness training, resume support, and interview preparation.
  • Through our "Lift GR" program, we provided 30 individuals living in Kent County with access to the Google Career certification at no cost, along with job readiness training, job coaching, and resume preparation.
  • Empower Minds Community Center Empower Minds Community Center is a welcoming hub severying over 100 peoplen daily dedicated to helping individuals living with mental health challenges build meaningful careers and establish long-lasting stability. It offers remote job training, digital skills development, workforce coaching, peer support, and entrepreneurship opportunities.
    Expenses $20,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-0746580
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J01)
Assets (IRS master file)
$14,928
Income (IRS master file)
$165,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$165,000$160,700$14,928XML
990-EZDecember 2023$195,173$190,345$10,628XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Sheri Munsell
December 31, 2020≤ $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 85-0746580).

Questions about HOPE GAIN NETWORK

What is the EIN of HOPE GAIN NETWORK?
The employer identification number (EIN) of HOPE GAIN NETWORK is 85-0746580.
Is HOPE GAIN NETWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to HOPE GAIN NETWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOPE GAIN NETWORK 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 GAIN NETWORK 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 GAIN NETWORK last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of HOPE GAIN NETWORK?
The 990-N for 2020 names Sheri Munsell.
Who are the officers and directors of HOPE GAIN NETWORK?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $45,500 (Sheri Munsell, Executive Director).
How much revenue does HOPE GAIN NETWORK have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $165,000, expenses of $160,700 and total assets of $14,928 at year end.

Other nonprofits in GRAND RAPIDS

All nonprofits in GRAND RAPIDS · Michigan · Employment