2025-11-13T15:48:02-06:00 2025-06-30 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2024-07-01 421512992 HOPE MINISTRIES HOPE 5152657272 PO BOX 862 DES MOINES IA 50304 TIM LASS CHIEF FINANCIAL OFFICER 5152657272 2025-11-13 1 0 JEFFEREY ROY P01951847 5152258400 2024 2025-03-06 01:10:19Z TIM LASS PO BOX 862 DES MOINES IA 50304 16553282 0 X WWW.HOPEIOWA.ORG X 2000 IA HOPE MINISTRIES IS ONE OF THE LARGEST PRIVATE PROVIDERS OF FREE MEALS, SAFE SHELTER, AND COMPREHENSIVE LIFE-RECOVERY SUPPORT FOR HOMELESS, NEAR-HOMELESS, AND HUNGRY MEN, WOMEN, AND CHILDREN IN IOWA. THE MISSION OF HOPE MINISTRIES IS TO RESCUE THOSE WHO ARE HOMELESS, HUNGRY, ABUSED OR ADDICTED, PROVIDING OPPORTUNITIES FOR HOPE, RECOVERY AND RESTORATION THROUGH THE LOVE OF JESUS CHRIST. 10 10 80 740 0 0 13686262 13281625 1480492 1416745 761816 537168 285531 375918 16214101 15611456 0 0 0 0 4794460 5147430 302958 263355 2011238 10124749 10012697 15222167 15423482 991934 187974 36625708 39136245 4349520 6398690 32276188 32737555 X HOPE MINISTRIES IS ONE OF THE LARGEST PRIVATE PROVIDERS OF FREE MEALS, SAFE SHELTER, AND COMPREHENSIVE LIFE-RECOVERY SUPPORT FOR HOMELESS, NEAR-HOMELESS, AND HUNGRY MEN, WOMEN, AND CHILDREN IN IOWA. THE MISSION OF HOPE MINISTRIES IS TO RESCUE THOSE WHO ARE HOMELESS, HUNGRY, ABUSED OR ADDICTED, PROVIDING OPPORTUNITIES FOR HOPE, RECOVERY AND RESTORATION THROUGH THE LOVE OF JESUS CHRIST. 0 0 12172440 1789443 HOPE MINISTRIES IS ONE OF THE LARGEST PROVIDERS OF FREE MEALS, SAFE SHELTER, AND LONG-TERM LIFE-RECOVERY PROGRAMS FOR HOMELESS, NEAR-HOMELESS AND HUNGRY MEN, WOMEN AND CHILDREN IN IOWA. OUR FACILITIES CURRENTLY INCLUDE A 110-BED SHELTER FOR MEN, A 102-BED LONG-TERM LIFE-RECOVERY CENTER FOR MEN, A 100 BED CENTER FOR WOMEN AND CHILDREN WITH 50 SHORT AND LONG-TERM LIFE-RECOVERY BEDS AND 50 SHELTER BEDS, AND A 23 BED SUPPORTIVE HOUSING CENTER FOR MEN. THROUGH OUR RESCUE EFFORTS, WE PROVIDE MORE THAN 17,000 MEALS AND 6,000 NIGHTS OF SHELTER EACH MONTH. THROUGH TEACHING PERSONAL RESPONSIBILITY AND ACCOUNTABILITY, OUR LIFE-RECOVERY PROGRAMS (FOR BOTH MEN AND WOMEN) ARE DESIGNED TO LEAD INDIVIDUALS AND FAMILIES TO SELF-SUFFICIENCY. ALL OUR SHELTER GUESTS AND LIFE-RECOVERY RESIDENTS ARE SERVED THROUGH INDIVIDUALIZED CARE PLANS AND CASE MANAGEMENT. 12172440 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 15 0 1 80 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TIM LASS 5152657272 5075 E UNIVERSITY SUITE B PLEASANT HILL IA 50327 COLE LINDHOLM PRESIDENT 40.00 X 151134 0 19275 LEON NEGEN CHIEF EXECUTIVE OFFICER 40.00 X 248496 0 141889 KEITH ISLEY CHIEF OPERATING OFFICER 40.00 X 119873 0 7592 KATHY COADY CHIEF DEVELOPMENT OFFICER 40.00 X 147073 0 9054 TIM LASS CHIEF FINANCIAL OFFICER 40.00 X 106876 0 6705 ALAN GROSS CHAIR 1.00 X X 0 0 0 ANDY MOFFITT VICE-CHAIR 1.00 X X 0 0 0 MICHAEL MIESEN TREASURER 1.00 X X 0 0 0 WARREN DOBBERTIN SECRETARY 1.00 X X 0 0 0 KIM SMITH DIRECTOR 1.00 X 0 0 0 JASON BROWN DIRECTOR 1.00 X 0 0 0 LEAH OWENSBY DIRECTOR 1.00 X 0 0 0 RAY LORENZ DIRECTOR 1.00 X 0 0 0 VALERIE SNYDER RIVERA DIRECTOR 1.00 X 0 0 0 JEFF STANBROUGH DIRECTOR 1.00 X 0 0 0 773452 0 184515 5 0 1 0 VENTER SPOONER INC 6500 NW BEAVER DRIVE JOHNSTON IA 50131 CONSTRUCTION SERVICES 2779835 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NAPERVILLE IL 60563 CONSULTING, FUNDRAISING, PROJECT MANAGEM 995763 BAKER GROUP 1600 SE CORPORATE WOODS DRIVE ANKENY IA 50021 CONSTRUCTION & MAINTENANCE SERVICES 177855 COMMUNICATION INNOVATORS 1301 NE 56TH ST PO BOX 57037 PLEASANT HILL IA 57037 AUDIO/VIDEO INSTALLATION SERVICES 175105 IOWA SOLUTIONS 1045 SHERMAN RD HIAWATHA IA 52233 IT SERVICES 143160 5 13281625 5869658 13281625 THRIFT STORE INCOME 624200 1383895 1383895 PROGRAM FEES 624200 32850 32850 1416745 422442 422442 1055052 1500 937106 4720 117946 -3220 114726 -3220 117946 FUNDED EQUIP. PURCHASES 624200 363512 363512 MISCELLANEOUS 624200 9386 9386 CONCESSION & LAUNDRY 624200 3020 3020 375918 15611456 1789443 0 540388 681440 340720 204432 136288 3473738 2571091 459912 442735 15424 10809 2466 2149 676233 473881 108119 94233 300595 210647 48060 41888 75876 37938 37938 15480 7740 7740 63502 31751 31751 263355 263355 37864 37864 102957 51479 51478 483042 194378 142330 146334 709139 631740 34830 42569 180551 180551 714979 668204 43879 2896 IN-KIND - CLOTHING, ETC 5739400 5739400 DEVELOPMENT COSTS 829273 829273 MAINTENANCE & JANITORIA 372648 369919 1228 1501 FUNDED EQUIPMENT PURCHA 363513 363513 324473 288679 27777 8017 15423482 12172440 1239804 2011238 8534774 8120713 901441 879131 97079 169119 28615619 6249447 19969245 22366172 5174172 5455663 1948997 2145447 36625708 39136245 1327473 637582 2941642 5330248 80405 430860 4349520 6398690 X 30008699 30516479 2267489 2221076 32276188 32737555 36625708 39136245 187974 273393 0 X X 0 1 X 1 0 X 15354936 16375819 14611000 13686262 13281625 73309642 15354936 16375819 14611000 13686262 13281625 73309642 73309642 156231 225725 275677 540131 422442 1620206 13142 1470 14688 23270 9386 61956 74991804 8524133 0.97760 0.98020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5723535 28802 622661 314002 6060996 5302506 26031 715991 320993 5723535 5007313 32890 458461 196158 5302506 5429924 522667 -681290 263988 5007313 4294678 19750 1289003 173507 5429924 0.86990 0.13010 1 0 1384649 1384649 25502039 5033658 20468381 1340699 966653 374046 388232 249136 139096 22366172 CASH SURRENDER VALUE, LIFE INSURANCE 10934 OTHER ASSETS 73880 OTHER INVESTMENTS 208000 INTEREST IN REMAINDER TRUSTS 594000 BENEFICIAL INTEREST IN COMMUNITY FOUNDATION 455265 INVESTMENTS HELD FOR DEFERRED COMPENSATION AGREEMENTS 372787 OPERATING LEASE RIGHT-OF-USE ASSETS 430581 2145447 OPEARTING LEASE LIABILITIES 430860 430860 X 16061987 273393 215001 488394 15573593 37864 37864 15611457 15600620 215001 215001 15385619 37864 37864 15423483 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUND CONSISTS OF INVESTMENTS OF PERMANENTLY RESTRICTED ASSETS AND BOARD DESIGNATED ASSETS TO PROVIDE A SOURCE OF LONG TERM INCOME FOR MAINTENANCE OF THE ORGANIZATION. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. X X X X X X 1 DOUGLAS SHAW & ASSOCIATES 1717 PARK STREET SUITE 300 NAPERVILLE IL 60563 FUNDRAISING STRATEGY 0 2460616 224900 2235716 GATEWAY COMMUNICATIONS 16805 NE MASON COURT PORTLAND OR 97230 FUNDRAISING CAMPAIGN MANAGEMENT 0 22049 12013 10036 MONEY FOR MINISTRY 2329 ELLIOT STREET SE GRAND RAPIDS MI 49506 FUNDRAISING CAMPAIGN MANAGEMENT 0 0 26442 -26442 2482665 263355 2219310 X X X 0 1 0 0 0 0 0 0 0 COLE LINDHOLM PRESIDENT 151134 0 0 0 0 0 7679 0 11596 0 170409 0 0 0 LEON NEGEN CHIEF EXECUTIVE OFFICER 248496 0 0 0 0 0 109181 0 32708 0 390385 0 0 0 KATHY COADY CHIEF DEVELOPMENT OFFICER 145559 0 1514 0 0 0 7284 0 1770 0 156127 0 0 0 X 5519863 FAIR MARKET VALUE X 11 66009 FAIR MARKET VALUE X 1533 283786 FAIR MARKET VALUE 0 1 1 PART I, COLUMN (B): AMOUNT IN COLUMN B IS NUMBER OF CONTRIBUTORS. PART I, LINE 32B: SPORADICALLY THROUGHOUT YEAR THE ORGANIZATION USES A FUNDRAISING SERVICE TO PROCESS VEHICLE DONATIONS ON THEIR BEHALF. FORM 990, PART VI, SECTION A, LINE 3 SMCO THRIFT RESIGNED EFFECTIVE FEBRUARY 28, 2025 AS THE THRIFT MANAGER. IN APRIL OF 2025 HOPE MINISTRIES ENTERED INTO AN AGREEMENT WITH TEAM THRIFT, LLC, TO MANAGE HOPE MINISTRIES THRIFT, LLC (WHICH CONTAINS HOPE MINISTRIES THRIFT STORE OPERATIONS) COMMENCING ON MAY 1, 2025. THIS AGREEMENT ENGAGES TEAM THRIFT, LLC TO MANAGE, OPERATE, AND MAINTAIN THE THRIFT STORES IN AN EFFICIENT, REASONABLE, AND SATISFACTORY MANNER. THIS INCLUDES PERSONNEL, ACCOUNTING, DONOR RELATIONS AND GENERAL UPKEEP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO THE HOPE MINISTRIES BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THEY ARE GIVEN AN OPPORTUNITY AT THAT TIME TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL DISCLOSED POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD OF DIRECTORS IN A TIMELY FASHION. FORM 990, PART VI, SECTION B, LINE 15A ALL MEMBERS OF THE BOARD OF DIRECTORS PARTICIPATE IN A WRITTEN PERFORMANCE EVALUATION OF THE CEO. THE EXECUTIVE COMMITTEE IS CHARGED WITH DISCUSSING THE REVIEW WITH THE CEO AND MAKING A RECOMMENDATION ON COMPENSATION. AS PART OF THE PROCESS, EXECUTIVE SALARY LEVELS AT COMPARABLE NONPROFIT ORGANIZATIONS IN THE GREATER DES MOINES AREA AND THE MIDWEST ARE REVIEWED. THE RECOMMENDATIONS ARE PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APRROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (WHICH INCLUDE THE ARTICLES OF INCORPORATION AND THE BY-LAWS), CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. HOPE MINISTRIES THRIFT LLC 5075 E UNIVERSITY PLEASANT HILL IA 50327 853726506 THRIFT STORE IA 1482296 209190 HOPE MINISTRIES