Civic Intelligence

Hope Partnership Inc.

990 • Fiscal year 2022 • EIN 20-1683627

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 08, 2023

Organization Profilewww.hope-ct.org
99B Durham RoadMadison, CT 06443

(860) 388-9513

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$9,159,443

Up $2,812,997 (+44%) from 2021

Net Assets

Up

$7,483,794

Up $2,391,986 (+47%) from 2021

Liabilities

Up

$1,675,649

Up $421,011 (+34%) from 2021

Revenue And Expenses

Revenue

Down

$473,357

Down $4,243,244 (-90%) from 2021

Expenses

Up

$764,277

Up $508,223 (+198%) from 2021

Net Income

Down

-$290,920

Down $4,751,467 (-107%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $312,033Liabilities 2011: $195,696Net Assets 2011: $116,3372011Assets 2012: $348,823Liabilities 2012: $181,519Net Assets 2012: $167,3042012Assets 2013: $413,645Liabilities 2013: $180,475Net Assets 2013: $233,1702013Assets 2014: $334,905Liabilities 2014: $180,572Net Assets 2014: $154,3332014Assets 2015: $422,907Liabilities 2015: $180,333Net Assets 2015: $242,5742015Assets 2016: $224,739Liabilities 2016: $3,575Net Assets 2016: $221,1642016Assets 2017: $202,799Liabilities 2017: $2,561Net Assets 2017: $200,2382017Assets 2018: $271,060Liabilities 2018: $65,244Net Assets 2018: $205,8162018Assets 2019: $227,158Liabilities 2019: $67,283Net Assets 2019: $159,8752019Assets 2020: $2,653,193Liabilities 2020: $2,021,932Net Assets 2020: $631,2612020Assets 2021: $6,346,446Liabilities 2021: $1,254,638Net Assets 2021: $5,091,8082021Assets 2022: $9,811,722Liabilities 2022: $4,897,128Net Assets 2022: $4,914,5942022Assets 2022: $9,159,443Liabilities 2022: $1,675,649Net Assets 2022: $7,483,7942022Assets 2023: $8,867,086Liabilities 2023: $1,558,072Net Assets 2023: $7,309,0142023Assets 2024: $8,767,633Liabilities 2024: $1,475,126Net Assets 2024: $7,292,5072024Assets 2025: $8,791,106Liabilities 2025: $1,423,024Net Assets 2025: $7,368,0822025

Highlighted filing

2022

Assets$9,159,443
Liabilities$1,675,649
Net Assets$7,483,794
Open 2022 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $57,750Expenses 2011: $90,967Net Income 2011: -$33,2172011Revenue 2012: $168,588Expenses 2012: $117,621Net Income 2012: $50,9672012Revenue 2013: $156,033Expenses 2013: $90,167Net Income 2013: $65,8662013Revenue 2014: $85,595Expenses 2014: $114,528Net Income 2014: -$28,9332014Revenue 2015: $92,334Expenses 2015: $105,639Net Income 2015: -$13,3052015Revenue 2016: -$19,389Expenses 2016: $99,186Net Income 2016: -$118,5752016Revenue 2017: $86,507Expenses 2017: $107,433Net Income 2017: -$20,9262017Revenue 2018: $120,566Expenses 2018: $114,988Net Income 2018: $5,5782018Revenue 2019: $109,944Expenses 2019: $155,885Net Income 2019: -$45,9412019Revenue 2020: $557,606Expenses 2020: $86,220Net Income 2020: $471,3862020Revenue 2021: $4,716,601Expenses 2021: $256,054Net Income 2021: $4,460,5472021Revenue 2022: $607,977Expenses 2022: $718,178Net Income 2022: -$110,2012022Revenue 2022: $473,357Expenses 2022: $764,277Net Income 2022: -$290,9202022Revenue 2023: $564,918Expenses 2023: $739,698Net Income 2023: -$174,7802023Revenue 2024: $737,509Expenses 2024: $754,016Net Income 2024: -$16,5072024Revenue 2025: $833,624Expenses 2025: $758,049Net Income 2025: $75,5752025

Highlighted filing

2022

Revenue$473,357
Expenses$764,277
Net Income-$290,920
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 8, 2023
Return Version
2021v4.1
Gross Receipts
$479,468
Mission and Program Overview

Mission

Hope partnership's mission is to create a continuum of affordable housing options in lower middlesex county, old lyme and surrounding towns in order to help ensure a vibrant economy and housing choices for all citizens through the collaborative efforts of governments, businesses, religious communities, civic organizations, and individuals.

To create a continuum of affordable housing options in order to help ensure an eclectic economy and housing choices for all citizens through the collaborative efforts of governments, businesses, religious communities, civic organizations, and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,922,194$8,537,052▲ $2,614,858
Savings and Temporary Cash Investments$40,005$188,595▲ $148,590
Intangible Assets$141,102$149,682▲ $8,580
Cash and Non-Interest-Bearing Accounts$92,836$148,586▲ $55,750
Accounts Receivable$7,165$74,714▲ $67,549
Prepaid Expenses and Deferred Charges$3,396$31,353▲ $27,957
Pledges and Grants Receivable$129,218$18,929▼ $110,289
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$6,346,446$9,159,443▲ $2,812,997
Other Assets Total$10,530$10,532▲ $2
Liabilities
Mortgage Notes Payable Secured by Investment Property$973,162$1,562,374▲ $589,212
Accounts Payable and Accrued Expenses$246,576$113,275▼ $133,301
Other Liabilities$34,900--
Total Liabilities$1,254,638$1,675,649▲ $421,011
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,055,310$8,497,801▲ $3,442,491
Net Assets Without Donor Restrictions$36,498$-1,014,007▼ $1,050,505
Total Net Assets Fund Balance$5,091,808$7,483,794▲ $2,391,986
Total Liabilities and Net Assets / Fund Balance$6,346,446$9,159,443▲ $2,812,997

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,472,370$1,257,431$9,729,801
Land$60,000-$60,000
Equipment$4,550$16,688$21,238
Other Land Buildings$132$6,515$6,647
Compensation and Service Providers

Board Members and Trustees

NameTitle
David CarswellPresident
Pamela Days-luketichVice President
Aman SinghDirector
Bill NealeDirector
Bonnie ReemsnyderDirector
Dg FittonDirector
Elizabeth KuhnsDirector
JOHN O'GRADYDirector
Lauren AsheDirector
Lon SeidmanDirector
Preston MaynardDirector
Rev Les SwensonDirector
Stephen DowlerDirector
Tom OrtolevaDirector
Tony LyonsDirector
Elizabeth BallardSecretary
Calvin PriceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$46,505
Program Service Revenue
$416,742
Investment Income
$33
Other Revenue
$10,077
All Other Contributions
$8,690
Change in Net Assets
$-290,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$660,353
Salaries, Compensation, and Employee Benefits$103,924
Total Fundraising Expense$4,568
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$293,570$18$6$293,594
Other Salaries and Wages$84,250$8,213$2,738$95,201
Interest$56,177--$56,177
Fees for Services Accounting$5,835$21,476-$27,311
Insurance$25,417$694$231$26,342
Fees for Services Legal$346$19,482-$19,828
Occupancy$18,273$763$254$19,290
Fees for Services Management$17,319--$17,319
Fees for Services Other$5,800$3,900-$9,700
Payroll Taxes$7,190$1,150$383$8,723
All Other Expenses$3,022$569$177$3,768
Other Expenses$2,223$417$139$2,779
Office Expenses$2,072$171$57$2,300
Advertising--$583$583
Total Functional Expenses$702,856$56,853$4,568$764,277
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,111
Fundraising Gross Income$2,845
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$21,345$2,845$6,111$-3,266
Total Events$21,345$2,845$6,111$-3,266
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The executive committee meets to review and approve form 990 before it is filed with irs. Copies are made available to other board members.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are provided a copy of the conflict of interest policy which requires disclosure of any possible conflicts.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The board of directors determines compensation based on local market conditions and number of hours the position requires.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“No officers or members of the board of directors are compensated.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Hope Partnership Inc
EIN
20-1683627
Phone
8603889513
Address
99B DURHAM ROAD, MADISON, CT 06443

Signing Officer

Name
Calvin Price
Title
Treasurer
Signed
2023-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Carswell
Formed
2004
Legal Domicile
Ct
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
25

Preparer

Firm
WollackLewitz LLC
Address
36 Elm Street, Old Saybrook, CT 06475
Preparer
Joseph J Wollack CPA
Phone
8603884451
Supplemental Narrative

Additional Explanations

Amended Explanation

“Original form 990 was filed with preliminary numbers. The return is being amended to reflect the final numbers.”

Raw XML AppendixShowing 400 of 602 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0246576
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0113275
IRS990/AccountsReceivableGrp/BOYAmt07165
IRS990/AccountsReceivableGrp/EOYAmt074714
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO CREATE A CONTINUUM OF AFFORDABLE HOUSING OPTIONS IN ORDER TO HELP ENSURE AN ECLECTIC ECONOMY AND HOUSING CHOICES FOR ALL CITIZENS THROUGH THE COLLABORATIVE EFFORTS OF GOVERNMENTS, BUSINESSES, RELIGIOUS COMMUNITIES, CIVIC ORGANIZATIONS, AND INDIVIDUALS.
IRS990/AdvertisingGrp/FundraisingAmt0583
IRS990/AdvertisingGrp/TotalAmt0583
IRS990/AllOtherContributionsAmt08690
IRS990/AllOtherExpensesGrp/FundraisingAmt0177
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0569
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03022
IRS990/AllOtherExpensesGrp/TotalAmt03768
IRS990/AmendedReturnInd0X
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CALVIN PRICE
IRS990/BooksInCareOfDetail/PhoneNum08603889513
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt099B DURHAM ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006443
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt092836
IRS990/CashNonInterestBearingGrp/EOYAmt0148586
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt018500
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt046505
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt033
IRS990/CYOtherExpensesAmt0660353
IRS990/CYOtherRevenueAmt010077
IRS990/CYProgramServiceRevenueAmt0416742
IRS990/CYRevenuesLessExpensesAmt0-290920
IRS990/CYSalariesCompEmpBnftPaidAmt0103924
IRS990/CYTotalExpensesAmt0764277
IRS990/CYTotalFundraisingExpenseAmt04568
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0473357
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt06
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt018
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0293570
IRS990/DepreciationDepletionGrp/TotalAmt0293594
IRS990/Desc0During the fiscal year ended June 30, 2022, HOPE Partnerships notable efforts included the successful startup of a 17 unit affordable housing project in the Town of Essex, known as The Lofts at Spencers Corner, at a total cost of $5,900,000 funded primarily with a grant from the State of Connecticut. A three story, commercial condo complex in the village of Centerbrook, Spencers Corner had many vacancies which provided an opportunity for HOPE to work with unit owners. Construction began during 2020 to renovate 12 existing condo units into 17 units for housing and includes 1, 2, and 3 bedroom units on the second and third floors with the majority of the rents set as affordable based on HUD's sliding scale. HOPE Partnership completed the acquisition of The Ferry Crossing Development in Old Saybrook CT. This development was purchased from The Women's Institute, Our previous partner. HOPE purchased their 60% interest and is now a 100% owner of the 34 unit Affordable Housing Development. This development is 100% occupied. HOPE's efforts included advocating for affordable housing in the communities they serve as a way to educate the public on the need with presentations to community, business and religious organizations. HOPE has met with elected officials including Senator Murphy's office and Selectmen in Essex, Deep River, Old Lyme, Old Saybrook, Chester, Madison and Clinton; increasing the awareness of the need for affordable housing and the benefits it provides to communities. A project in the town of Madison was in the final stages of acquisition as of June 30, 2022. this will be a 17 unit Affordable Housing Project.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05055310
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt08497801
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0702856
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt019315
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021476
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05835
IRS990/FeesForServicesAccountingGrp/TotalAmt027311
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt019482
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0346
IRS990/FeesForServicesLegalGrp/TotalAmt019828
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt017319
IRS990/FeesForServicesManagementGrp/TotalAmt017319
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03900
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05800
IRS990/FeesForServicesOtherGrp/TotalAmt09700
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt153.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0DG FITTON
IRS990/Form990PartVIISectionAGrp/PersonNm1AMAN SINGH
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN O'GRADY
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH BALLARD
IRS990/Form990PartVIISectionAGrp/PersonNm4TONY LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm5ELIZABETH KUHNS
IRS990/Form990PartVIISectionAGrp/PersonNm6LAUREN ASHE
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHEN DOWLER
IRS990/Form990PartVIISectionAGrp/PersonNm8BILL NEALE
IRS990/Form990PartVIISectionAGrp/PersonNm9BONNIE REEMSNYDER
IRS990/Form990PartVIISectionAGrp/PersonNm10TOM ORTOLEVA
IRS990/Form990PartVIISectionAGrp/PersonNm11LON SEIDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12REV LES SWENSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID CARSWELL
IRS990/Form990PartVIISectionAGrp/PersonNm14PRESTON MAYNARD
IRS990/Form990PartVIISectionAGrp/PersonNm15CALVIN PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm16PAMELA DAYS-LUKETICH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Vice President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt018500
IRS990/FundraisingDirectExpensesAmt06111
IRS990/FundraisingGrossIncomeAmt02845
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0479468
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0231
IRS990/InsuranceGrp/ManagementAndGeneralAmt0694
IRS990/InsuranceGrp/ProgramServicesAmt025417
IRS990/InsuranceGrp/TotalAmt026342
IRS990/IntangibleAssetsGrp/BOYAmt0141102
IRS990/IntangibleAssetsGrp/EOYAmt0149682
IRS990/InterestGrp/ProgramServicesAmt056177
IRS990/InterestGrp/TotalAmt056177
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt033
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01280634
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05922194
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08537052
IRS990/LandBldgEquipCostOrOtherBssAmt09817686
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HOPE PARTNERSHIP'S MISSION IS TO CREATE A CONTINUUM OF AFFORDABLE HOUSING OPTIONS IN LOWER MIDDLESEX COUNTY, OLD LYME AND SURROUNDING TOWNS IN ORDER TO HELP ENSURE AN ECLECTIC ECONOMY AND HOUSING CHOICES FOR ALL CITIZENS THROUGH THE COLLABORATIVE EFFORTS OF GOVERNMENTS, BUSINESSES, RELIGIOUS COMMUNITIES, CIVIC ORGANIZATIONS, AND INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0973162
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01562374
IRS990/NetAssetsOrFundBalancesBOYAmt05091808
IRS990/NetAssetsOrFundBalancesEOYAmt07483794
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3266
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt036498
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1014007
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0254
IRS990/OccupancyGrp/ManagementAndGeneralAmt0763
IRS990/OccupancyGrp/ProgramServicesAmt018273
IRS990/OccupancyGrp/TotalAmt019290
IRS990/OfficeExpensesGrp/FundraisingAmt057
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0171
IRS990/OfficeExpensesGrp/ProgramServicesAmt02072
IRS990/OfficeExpensesGrp/TotalAmt02300
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt010530
IRS990/OtherAssetsTotalGrp/EOYAmt010532
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CONDOMINIUM ASSOCIATION FEES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2Real Estate Taxes
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt0139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0417
IRS990/OtherExpensesGrp/ProgramServicesAmt092793
IRS990/OtherExpensesGrp/ProgramServicesAmt166958
IRS990/OtherExpensesGrp/ProgramServicesAmt221611
IRS990/OtherExpensesGrp/ProgramServicesAmt32223
IRS990/OtherExpensesGrp/TotalAmt092793
IRS990/OtherExpensesGrp/TotalAmt166958
IRS990/OtherExpensesGrp/TotalAmt221611
IRS990/OtherExpensesGrp/TotalAmt32779
IRS990/OtherLiabilitiesGrp/BOYAmt034900
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013343
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013343
IRS990/OtherRevenueTotalAmt013343
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt02738
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08213
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt084250
IRS990/OtherSalariesAndWagesGrp/TotalAmt095201
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0383
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01150
IRS990/PayrollTaxesGrp/ProgramServicesAmt07190
IRS990/PayrollTaxesGrp/TotalAmt08723
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0129218
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt018929
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03396
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031353
IRS990/PrincipalOfficerNm0DAVID CARSWELL
IRS990/PriorPeriodAdjustmentsAmt02682906
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0416742
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0416742
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04629469
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0181673
IRS990/PYOtherRevenueAmt028859
IRS990/PYProgramServiceRevenueAmt058268
IRS990/PYRevenuesLessExpensesAmt04460547
IRS990/PYSalariesCompEmpBnftPaidAmt074381
IRS990/PYTotalExpensesAmt0256054
IRS990/PYTotalRevenueAmt04716601
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-290920
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$9,159,443
Liabilities
$1,675,649
Net assets
$7,483,794
Revenue
$473,357
Expenses
$764,277
Net income
-$290,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.79$1.42$7.37$0.83$0.76$0.08
2024Detailed filing. Detailed filing data is available for this year.$8.77$1.48$7.29$0.74$0.75$0.02
2023Detailed filing. Detailed filing data is available for this year.$8.87$1.56$7.31$0.56$0.74$0.17
2022Detailed filing. Detailed filing data is available for this year.$9.81$4.90$4.91$0.61$0.72$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.16$1.68$7.48$0.47$0.76$0.29
2021Detailed filing. Detailed filing data is available for this year.$6.35$1.25$5.09$4.72$0.26$4.46
2020Detailed filing. Detailed filing data is available for this year.$2.65$2.02$0.63$0.56$0.09$0.47
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$0.11$0.16$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.27$0.07$0.21$0.12$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.09$0.11$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.02$0.10$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.18$0.24$0.09$0.11$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.18$0.15$0.09$0.11$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.18$0.23$0.16$0.09$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.18$0.17$0.17$0.12$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.20$0.12$0.06$0.09$0.03