2024-11-15T07:25:30+00:00 2023-12-31 363990892 Capin Crouse LLP 55 Shuman Blvd Suite 300 Naperville IL 60563 990 2023-01-01 473874040 Hope Center Foundation HOPE 7733712345 10909 S Cottage Grove Avenue Chicago IL 60628 Shenita Muse Executive Director 7733712345 2024-11-15 true Sara Tibbott P01486965 5055022746 2024-11-15 2023 2024-10-15 13:58:12Z James T Meeks 10909 S Cottage Grove Avenue Chicago IL 60628 1643343 false X www.hopecenterchicago.org X 2015 IL Helping Chicago residents to transition out of poverty to living wage & into generational wealth 6 6 38 45 0 0 991370 1642711 0 0 0 0 -10952 632 980418 1643343 138370 366642 0 0 332519 773657 48000 32000 41129 487549 438598 1006438 1610897 -26020 32446 559306 3303549 422547 3134344 136759 169205 X The organization works to address the root causes contributing to poverty and violence in the community through imaginative, solution-focused programs that provide support in the areas of home ownership, financial literacy, workforce development, youth mentorship, and entrepreneurship. true false 1428348 343291 R.E.A.D.Y. (Recruit, Employ, Advance & Develop Youth) - To Work is a twenty-week job readiness program designed for low-income youth ages 16-24. The goal of the R.E.A.D.Y. To Work program is to provide exposure and to prepare participants for the workforce by providing career training. Using creative methods, the Hope Center Foundation will recruit, employ, and develop youth by guiding them to become better citizens through active involvement in the workforce. 30419 Hope Center Foundation,in partnership with Chicago Neighborhood Initiatives (CNI) and United Power, will create a pathway to economic opportunity, homeownership, and generational wealth for low-to-moderate-income residents of the Roseland community in Chicago. The "Reclaiming Communities" project involves the construction of 1000 single-family, affordable homes to help residents invest in and revitalize their own communities. 23351 23351 The organization provides assistance to those in need each year. The Food give-a-way provided 440 boxes of food and meals to families and supported 449 program participants. Transportation grants through Ventra gift cards were given out to cover ride-sharing expenses to assist clients with their transportation needs. 1482118 true true false false false false false false false true false false false false false true false false false false false false true false false false false true false false false false false false false false false false false false false false false false false false true 38 0 true 38 true false false false false false false false false false false false false X 6 6 true false false false false true false true true false false true true true true true true true false false IL X Alex Garcia 7733712345 10909 S Cottage Grove Ave Chicago IL 60628 Cheryle Jackson Vice President 2.0 X X 0 0 0 Darryl Farrow Secretary/Treasurer 2.0 X X 0 0 0 David Doig Treasurer (part year) 2.0 X X 0 0 0 James T Meeks President/CEO 2.0 X X 0 0 0 Henry D McGhee Jr Board Member 2.0 X 0 0 0 Jamell Meeks Board Member 2.0 X 0 0 0 Otis Wright Board Member 2.0 X 0 0 0 Shenita Muse Executive Director 40.0 X 119132 0 10950 119132 0 10950 1 false false false 0 1512351 130360 1642711 0 0 0 0 0 0 0 0 0 632 0 0 632 632 1643343 0 0 632 X 366642 366642 0 0 130082 127539 2543 1064 1064 539045 532911 6134 50613 50613 52853 48381 4472 99067 81512 17555 32000 32000 227525 194912 27613 5000 52765 41766 10862 137 1234 1000 234 26966 26957 9 8475 4133 1170 3172 10639 10639 Dues & subscriptions 9157 4302 4855 Other Event Expenses 2770 1450 500 820 0 0 0 0 1610897 1482118 87650 41129 74241 153912 421777 423884 0 0 0 0 2740857 15104 63288 2725753 0 0 0 0 559306 3303549 294806 347303 121783 0 0 0 2787041 5958 0 0 422547 3134344 X 136759 169205 136759 169205 559306 3303549 32446 0 X false true X true false X 0 205971 517726 991370 1642711 3357778 0 0 0 205971 517726 991370 1642711 3357778 107584 3250194 0 0 0 9 9740 2619 632 13000 3370778 0 0.9642 0.9402 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC INCOME, COLUMN A - 0.0, COLUMN B - 9.0, COLUMN C - 9740.0, COLUMN D - 2619.0, COLUMN E - 632.0, COLUMN F - 13000.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 178920 178920 74067 15104 58963 2487870 2487870 2725753 1643343 0 0 1643343 0 0 1643343 1610897 0 0 1610897 0 0 1610897 X X true Lauren Wesley 707 W Waveland Ave Chicago IL 60613 Grant Writing false 1512351 32000 1480351 1512351 32000 1480351 IL true Food and Meals 440 17915 FMV Food Participant Stipends 449 343291 Transportation gift cards 116 5436 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. R.E.A.D.Y. to Work stipends are given out to individuals who fall within the program age brackets and complete the program registration. The participants receive the stipends bi-weekly for the duration of their participation in the program and stipends distributed are matched against budget amounts and reconciled. The organization also received 440 food boxes throughout 2023 which were distributed one box per needy family on a weekly basis. They also provided transportation assistance to program participants as they expressed need. Form 990, Part III, Line 2 New program services The organization undertook a new program during the year. The "Reclaiming Communities" project involves the construction of 1000 single-family, affordable homes to help residents invest in and revitalize their own communities. See Part III, Line 4b. Form 990, Part VI, Line 15b The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons James T. Meeks, President/Chairman and Jamell Meeks, Board Member - Family relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body One of the Directors of Hope Center Foundation shall be appointed by the Board of Directors of Salem Baptist Church. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Director's compensation is approved by the independent members of the board. Comparability data is used and this process is documented in the board minutes and HR file. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Income - Total Revenue: 632, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 632; Form 990, Part IX, Line 11g Other Fees Professional services - Total Expense: 133424, Program Service Expense: 105283, Management and General Expenses: 23141, Fundraising Expenses: 5000; Contractors - Total Expense: 41248, Program Service Expense: 41248, Management and General Expenses: , Fundraising Expenses: ; Payroll processing fees - Total Expense: 52853, Program Service Expense: 48381, Management and General Expenses: 4472, Fundraising Expenses: ;