Civic Intelligence

Hope Community Development Association Inc.

990 • Fiscal year 2019 • EIN 27-2950701

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2021

5925 Council Street NE Ste 130Cedar Rapids, IA 52402

(319) 395-9884

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.06x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.30x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

76th percentile

25%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2019

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2019

Assets

Up

$489,183

Up $249,262 (+104%) from 2018

Net Assets

Up

-$29,007

Up $48,114 (+62%) from 2018

Liabilities

Up

$518,190

Up $201,148 (+63%) from 2018

Revenue

Up

$399,648

Up $246,566 (+161%) from 2018

Expenses

Up

$351,534

Up $143,960 (+69%) from 2018

Net Income

Up

$48,114

Up $102,606 (+188%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2013: $20,698Liabilities 2013: $366Net Assets 2013: $20,3322013Assets 2014: $25,122Liabilities 2014: $370Net Assets 2014: $24,7522014Assets 2015: $25,425Liabilities 2015: $128,844Net Assets 2015: -$103,4192015Assets 2016: $249,366Liabilities 2016: $189,663Net Assets 2016: $59,7032016Assets 2018: $239,921Liabilities 2018: $317,042Net Assets 2018: -$77,1212018Assets 2019: $489,183Liabilities 2019: $518,190Net Assets 2019: -$29,0072019Assets 2020: $697,857Liabilities 2020: $564,189Net Assets 2020: $133,6682020Assets 2021: $675,474Liabilities 2021: $480,573Net Assets 2021: $194,9012021Assets 2022: $1,117,935Liabilities 2022: $960,223Net Assets 2022: $157,7122022Assets 2023: $1,174,071Liabilities 2023: $903,022Net Assets 2023: $271,0492023Assets 2024: $1,316,792Liabilities 2024: $929,510Net Assets 2024: $387,2822024

Highlighted filing

2019

Assets$489,183
Liabilities$518,190
Net Assets-$29,007

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $154,895Expenses 2013: $138,543Net Income 2013: $16,3522013Revenue 2014: $162,575Expenses 2014: $158,155Net Income 2014: $4,4202014Revenue 2015: $198,639Expenses 2015: $326,810Net Income 2015: -$128,1712015Revenue 2016: $585,808Expenses 2016: $422,686Net Income 2016: $163,1222016Revenue 2018: $153,082Expenses 2018: $207,574Net Income 2018: -$54,4922018Revenue 2019: $399,648Expenses 2019: $351,534Net Income 2019: $48,1142019Revenue 2020: $648,232Expenses 2020: $485,557Net Income 2020: $162,6752020Revenue 2021: $783,055Expenses 2021: $691,547Net Income 2021: $91,5082021Revenue 2022: $924,428Expenses 2022: $940,375Net Income 2022: -$15,9472022Revenue 2023: $922,610Expenses 2023: $871,768Net Income 2023: $50,8422023Revenue 2024: $1,228,787Expenses 2024: $1,112,554Net Income 2024: $116,2332024

Highlighted filing

2019

Revenue$399,648
Expenses$351,534
Net Income$48,114
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2021
Return Version
2019v5.0
Gross Receipts
$247,263
Mission and Program Overview

Mission

To create Christian charitable development programs that enhance quality of life by assisting individuals and families in need of affordable housing, jobs training and recovery aid due to economic and natural disasters.

Provide assistance to families in need of residential economic housing with jobs training programs to assist in development of life skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$40,000$266,700▲ $226,700
Land, Buildings, and Equipment, Net$101,917$100,375▼ $1,542
Accounts Receivable$32,425$91,896▲ $59,471
Cash and Non-Interest-Bearing Accounts$49,526$24,301▼ $25,225
Prepaid Expenses and Deferred Charges$16,053$5,911▼ $10,142
Total Assets$239,921$489,183▲ $249,262
Liabilities
Other Liabilities$269,358$425,509▲ $156,151
Accounts Payable and Accrued Expenses$47,684$92,681▲ $44,997
Total Liabilities$317,042$518,190▲ $201,148
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,000$982▼ $18
Net Assets Without Donor Restrictions$-78,121$-29,989▲ $48,132
Total Net Assets Fund Balance$-77,121$-29,007▲ $48,114
Total Liabilities and Net Assets / Fund Balance$239,921$489,183▲ $249,262

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$101,590$3,187$104,777
Equipment$-1,215$3,440$2,225
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob KemmererPresident
Betty DanielsDirector
Betty JohnsonDirector
Bob WestfallDirector
Charles DaughertyDirector
Summer RileyDirector
Terry BilslandDirector
Terry KnakeDirector
Ken KolekCFO
Ron ZieglerExec Directo
Travis KolderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$121,586
Program Service Revenue
$50,758
Investment Income
$0
Other Revenue
$227,304
All Other Contributions
$121,586
Change in Net Assets
$48,114
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$189,648
Other Expenses$161,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,033--$150,033
Other Employee Benefits$26,692--$26,692
Interest-$13,930-$13,930
Payroll Taxes$12,923--$12,923
All Other Expenses$9,068$82-$9,150
Insurance-$7,107-$7,107
Fees for Services Accounting-$6,001-$6,001
Occupancy-$3,721-$3,721
Other Expenses$3,502--$3,502
Depreciation Depletion$3,392--$3,392
Advertising$529$524-$1,053
Office Expenses-$452-$452
Fees for Services Other-$250-$250
Travel$195--$195
Total Functional Expenses$319,467$32,067$0$351,534
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investor Loans$400,000
Accrued Interest$21,159
Accrued Stte Withholding$1,041
Accrued Ida Match$850
Notes Payable - Hope Cda$531
Accrued State Unemployment$354
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

All board members are required annually to disclose in writing to the board any potential or known conflicts. Those with written disclosures are required to explain their disclosure to the full board. The individual is then excused while the remainder of the board determines if the disclosure is a problem for the organization.

Form 990, Page 6, Part VI, Line 15A

Executive director is a major contributor to the organization. Executive director seeks and is paid 1 us annually. Individual waives right of compensation review and any increased compensation or benefits.

Form 990, Page 6, Part VI, Line 19

Individual makes request either via the executive director or at location where records are maintained. Request has to be in writing as well as signed and dated. Individual has to demonstrate cause as to why access is reasonable and should not be withheld.

Filing and Contact Details

Filer

Filer Name
Hope Community Development
EIN
27-2950701
Phone
3193959884
Address
5925 COUNCIL STREET NE STE 130, CEDAR RAPIDS, IA 52402

Signing Officer

Name
Ken Kolek
Title
CFO
Phone
3193959884
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Kemmerer
Formed
2010
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
9
Employees
18
Volunteers
30

Preparer

Firm
Atlas Cpas & Advisors Pllc
Address
455 E PIKES PEAK AVE STE 305, COLORADO SPRINGS, CO 80903-3674
Preparer
Janna Barron
Phone
7196342815
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers participate in life skills training and skills training in construction of various projects. On location skill volunteers range from 3 to 7. Life skills coaches and volunteers range from 6 to 10.

Form 990, Page 5, Part V, Line 3B

No unrealted business income requiring filing of 990-t for taxable disclosure

Form 990, Part XI, Line 9

TEMPOARILY RESTRICTED 0

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt010156
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt020156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0121586
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt045287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03976
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0186903
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0125677
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0147932
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt083332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0569635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0198629
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01125205
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0119
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0369
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98440
IRS990ScheduleA/PublicSupportPY509Pct00.98330
IRS990ScheduleA/PublicSupportTotal509Amt01291952
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt010156
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt020156
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0247263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0193219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt087308
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0585689
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0198629
IRS990ScheduleA/Total509Grp/TotalAmt01312108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0247263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0193219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt087558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0585808
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0198629
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01312477
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0101590
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03187
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0104777
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-1215
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02225
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt01574
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21041
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3850
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTOR LOANS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED STTE WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED IDA MATCH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4NOTES PAYABLE - HOPE CDA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5ACCRUED STATE UNEMPLOYMENT
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IRS990ScheduleD/TotalLiabilityAmt0425509
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PARTICIPATE IN LIFE SKILLS TRAINING AND SKILLS TRAINING IN CONSTRUCTION OF VARIOUS PROJECTS. ON LOCATION SKILL VOLUNTEERS RANGE FROM 3 TO 7. LIFE SKILLS COACHES AND VOLUNTEERS RANGE FROM 6 TO 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO UNREALTED BUSINESS INCOME REQUIRING FILING OF 990-T FOR TAXABLE DISCLOSURE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO DISCLOSE IN WRITING TO THE BOARD ANY POTENTIAL OR KNOWN CONFLICTS. THOSE WITH WRITTEN DISCLOSURES ARE REQUIRED TO EXPLAIN THEIR DISCLOSURE TO THE FULL BOARD. THE INDIVIDUAL IS THEN EXCUSED WHILE THE REMAINDER OF THE BOARD DETERMINES IF THE DISCLOSURE IS A PROBLEM FOR THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR IS A MAJOR CONTRIBUTOR TO THE ORGANIZATION. EXECUTIVE DIRECTOR SEEKS AND IS PAID 1 US ANNUALLY. INDIVIDUAL WAIVES RIGHT OF COMPENSATION REVIEW AND ANY INCREASED COMPENSATION OR BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDIVIDUAL MAKES REQUEST EITHER VIA THE EXECUTIVE DIRECTOR OR AT LOCATION WHERE RECORDS ARE MAINTAINED. REQUEST HAS TO BE IN WRITING AS WELL AS SIGNED AND DATED. INDIVIDUAL HAS TO DEMONSTRATE CAUSE AS TO WHY ACCESS IS REASONABLE AND SHOULD NOT BE WITHHELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TEMPOARILY RESTRICTED 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0239921
IRS990/TotalAssetsEOYAmt0489183
IRS990/TotalAssetsGrp/BOYAmt0239921
IRS990/TotalAssetsGrp/EOYAmt0489183
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0121586
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0319467
IRS990/TotalFunctionalExpensesGrp/TotalAmt0351534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0317042
IRS990/TotalLiabilitiesEOYAmt0518190
IRS990/TotalLiabilitiesGrp/BOYAmt0317042
IRS990/TotalLiabilitiesGrp/EOYAmt0518190
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-77121
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-29007
IRS990/TotalProgramServiceExpensesAmt0319467
IRS990/TotalProgramServiceRevenueAmt050758
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0278062
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0399648
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0239921
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0489183
IRS990/TravelGrp/ProgramServicesAmt0195
IRS990/TravelGrp/TotalAmt0195
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN KOLEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03193959884
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOPE COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0272950701
ReturnHeader/Filer/PhoneNum03193959884

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