2026-03-12T21:29:41-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2024-07-01 042438910 HOPEWELL INC HOPE 6176292710 3 ALLIED DRIVE STE 308 308 DEDHAM MA 02026 SHAHEER MUSTAFA PRESIDENT/CEO 6176292710 2026-03-11 1 1 CATHERINE PETERCSAK P01357092 5167472000 2026-03-11 2024 2025-03-06 01:10:19Z SHAHEER MUSTAFA 3 ALLIED DRIVE STE 308 308 DEDHAM MA 02026 25129625 0 X WWW.HOPEWELLINC.ORG X 1967 MA WE ENRICH THE LIVES AND EXPAND THE OPPORTUNITIES OF CHILDREN, ADULTS, AND FAMILIES IN NEED OF LOVE, SUPPORT, AND SAFE PLACES TO GROW AND THRIVE. 14 13 130 30 0 0 2303584 4427800 17067438 18274493 83233 396990 0 -53075 19454255 23046208 0 0 0 0 10770454 11296211 0 0 807309 9514253 10767036 20284707 22063247 -830452 982961 18895628 20186165 3472024 3041672 15423604 17144493 X WE ENRICH THE LIVES AND EXPAND THE OPPORTUNITIES OF CHILDREN, ADULTS, AND FAMILIES IN NEED OF LOVE, SUPPORT, AND SAFE PLACES TO GROW AND THRIVE. 0 0 9329045 9082210 COMPREHENSIVE FOSTER CARE PROGRAM:HOPEWELL IS THE LARGEST NONPROFIT PROVIDER OF COMPREHENSIVE FOSTER CARE IN MASSACHUSETTS. BY RECRUITING, TRAINING, AND SUPPORTING LOVING FOSTER HOMES, WE ENSURE THE CHILDREN AND TEENS IN OUR CARE RECEIVE THE RESOURCES, SUPPORTS, AND OPPORTUNITIES THEY DESERVE. INTENSIVE FOSTER CARE SERVICES PROVIDING PRIVATE PLACEMENT IN INDIVIDUAL HOMES FOR 357 CHILDREN AND TEENS IN HOPEWELL FOSTER HOMES IN FY25. WE RECRUIT, TRAIN, AND SUPPORT LOVING FOSTER HOMES AND ENSURE THE CHILDREN AND TEENS IN OUR CARE RECEIVE THE RESOURCES AND SUPPORTS THEY NEED. WE WORK TO ENSURE STABILITY AND A PATH TO A PERMANENT HOME, WHETHER THAT'S THROUGH REUNIFICATION WITH THEIR BIRTH FAMILY, A KINSHIP PLACEMENT, ADOPTION, OR LEGAL GUARDIANSHIP. 2762281 3873660 ADULT SERVICES SHARED LIVING AND IN HOME SUPPORTS PROGRAMS:WE WORK WITH ADULTS WITH DISABILITIES AS THEY PURSUE INDEPENDENCE, LIVE WITH DIGNITY, AND ENGAGE AS FULL MEMBERS OF THEIR COMMUNITIES. ADULTS LIVING WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES SHARE MANY OF THE SAME HOPES AND DREAMS AS THOSE WHO AREN'T - MEANINGFUL WORK, A COMFORTABLE AND SECURE HOME, GOOD FRIENDS, AND A LOVING FAMILY. WHEN PROVIDED WITH THE RIGHT COMBINATION OF SUPPORTS, SKILLS TRAINING, AND EDUCATION, ALL OF THESE GOALS ARE WITHIN THEIR REACH.IN OUR SHARED LIVING PROGRAM, WE MATCH EACH INDIVIDUAL WITH A LOCAL CAREGIVER WHO PROVIDES DAILY SUPPORT AND SUPERVISION IN A SAFE, CARING ENVIRONMENT. FOR OUR IN-HOME SUPPORTS PROGRAM, WE PROVIDE SUPPORT TO ADULTS WHO LIVE ON THEIR OWN TO PROMOTE THEIR INDEPENDENCE. WE ALSO PROVIDE PARENTING SUPPORT FOR THOSE WITH CHILDREN. 2704096 3588208 COUNSELING - FAMILY TOGETHER PROGRAM:FAMILIES IN CRISIS ARE OFTEN FACING REAL-WORLD STRESSORS, SUCH AS POVERTY. BUT THE RIGHT COMBINATION OF SUPPORTS, AT THE TIME THEY NEED IT MOST, CAN HELP FAMILIES STAY INTACT SO FEWER CHILDREN ENTER OR STAY IN FOSTER CARE. OUR FAMILY TOGETHER PROGRAM PROVIDES INTENSIVE IN-HOME SUPPORTS TO FAMILIES INVOLVED WITH THE DEPARTMENT OF CHILDREN AND FAMILIES (DCF) WHO ARE WORKING TO MAINTAIN OR REGAIN CUSTODY OF THEIR CHILDREN. THIS YEAR, OUR FAMILY TOGETHER PROGRAM SUPPORTED MORE THAN 1,000 CHILDREN, TEENS, AND FAMILY MEMBERS ACROSS MASSACHUSETTS. 1563382 1602042 RESIDENTIAL SERVICES - MY FIRST PLACE:WE SUPPORT YOUNG ADULTS "AGING OUT" OF THE FOSTER CARE SYSTEM AS THEY LAUNCH INTO ADULTHOOD. YOUNG PEOPLE OFTEN FACE UNCERTAINTY AS THEY ENTER ADULTHOOD - AND THIS IS ESPECIALLY TRUE FOR THOSE WHO ARE "AGING OUT" OF THE FOSTER CARE SYSTEM. TO HELP THEM REACH THEIR FULL POTENTIAL AT A PIVOTAL TIME IN THEIR LIVES, OUR MY FIRST PLACE PROGRAM PROVIDES YOUNG ADULTS AGING OUT OF FOSTER CARE WITH SHARED, RENT-FREE APARTMENTS. WITH A STABLE PLACE TO CALL HOME AND INDIVIDUALIZED SUPPORTS FROM OUR TEAM, YOUTH FOCUS ON THEIR EDUCATION AND EMPLOYMENT GOALS, BUILD COMMUNITY, AND ESTABLISH FOUNDATIONS FOR LONG-TERM SELF-SUFFICIENCY.MY FIRST PLACE IS A NATIONALLY-RECOGNIZED PROGRAM THAT WAS FIRST DEVELOPED MORE THAN TWO DECADES AGO BY FIRST PLACE FOR YOUTH, A CALIFORNIA-BASED NONPROFIT. HOPEWELL CURRENTLY WORKS WITH YOUNG PEOPLE AGING OUT OF FOSTER CARE IN THE GREATER BOSTON AND GREATER SPRINGFIELD, MASSACHUSETTS AREAS. 1084458 EDUCATIONAL SERVICES POLICY, ADVOCACY AND DATA SHARING & ANALYSIS:WE DRIVE SYSTEMIC CHANGE ACROSS THE CHILD WELFARE FIELD. WE WORK TO MOVE THE WHOLE SYSTEM FORWARD BY ADVOCATING FOR BETTER POLICIES AND PRACTICES. TO DO THIS, WE SHARE DATA AND ANALYSIS WITH DECISION-MAKERS, BUILD ALIGNMENT WITH CROSS-SECTOR LEADERS AND COMMUNITY MEMBERS ACROSS MASSACHUSETTS AND ELEVATE THE INSIGHTS OF YOUTH AND FAMILIES WITH LIVED EXPERIENCE IN FOSTER CARE. 584570 128373 EDUCATIONAL SERVICES - RISE (EDUCATION SUPPORT):WE ADVANCE EDUCATIONAL OPPORTUNITIES FOR CHILDREN EXPERIENCING FOSTER CARE. CHILDREN EXPERIENCING FOSTER CARE FACE SOME OF THE LARGEST EDUCATIONAL OPPORTUNITY GAPS OF ANY GROUP OF STUDENTS IN MASSACHUSETTS AND THESE DISPARITIES CAN HAVE LIFELONG EFFECTS.OUR NEWEST PROGRAM, RISE (READINESS INQUIRY SCHOLARSHIP EDUCATION), IS A FIRST-OF-ITS-KIND APPROACH THAT IS SPECIALLY-DESIGNED TO MEET THE UNIQUE NEEDS OF STUDENTS IN GRADES K-3 WHO ARE EXPERIENCING FOSTER CARE. THROUGH A COMBINATION OF PERSONALIZED, ONE-ON-ONE TUTORING AND CAREGIVER SUPPORT, RISE PROVIDES CHILDREN WITH THE BUILDING BLOCKS THEY NEED TO BECOME STRONG READERS. 3232410 1730415 18027832 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 MA X RICHARD VOCCIO CFO 6176075172 3 ALLIED DRIVE SUITE 308 DEDHAM MA 02026 SHAHEER MUSTAFA PRESIDENT/CEO 35.00 X X 368919 0 55762 JAMES A MCDANIEL CHAIRMAN 1.00 X X 0 0 0 CASEY STRATFORD TREASURER 1.00 X X 0 0 0 CHARLES CABOT III CLERK 1.00 X X 0 0 0 NEHIA AL-SHANNIEK DIRECTOR 1.00 X 0 0 0 HEATHER MACK DIRECTOR 1.00 X 0 0 0 ADAM BENJAMIN DIRECTOR 1.00 X 0 0 0 ANTHONY BRITT DIRECTOR 1.00 X 0 0 0 QUINN PHILLIPS DIRECTOR 1.00 X 0 0 0 BEVERLEY DOHERTY DIRECTOR 1.00 X 0 0 0 ALISON R QUINAN DIRECTOR 1.00 X 0 0 0 SHAY EDMOND DIRECTOR (UNTIL DEC 2024) 1.00 X 0 0 0 MELANIE FOLEY DIRECTOR 1.00 X 0 0 0 ADRIANO VARANO DIRECTOR 1.00 X 0 0 0 DONNA HARDWICK DIRECTOR 1.00 X 0 0 0 RICHARD VOCCIO CHIEF FINANCIAL OFFICER 35.00 X 224298 0 41078 DOMINIQUE CADET ASST. CLERK 0.00 X 0 0 0 LISA ROWAN-GILLIS CHIEF DEVELOPMENT OFFICER 35.00 X 257185 0 41172 LEAH JANEY CHIEF HUMAN RESOURCES OFFICER 35.00 X 216316 0 25795 AMY SCHNEIDER VP PROG. IMPACT & STRATEGY 35.00 X 186402 0 27218 JULIA B SEGOVIA VP RESEARCH, POLICY & LEARNING 35.00 X 177913 0 43616 IMANI Z SEUNARINE BACCI VP CHILD & FAMILY PROGRAMS 35.00 X 170385 0 47944 1601418 0 282585 12 0 1 0 THE AMARAL GROUP LLC 125 CAMBRIDGE DRIVE SUITE 301 CAMBRIDGE MA 02140 COMPUTER/IT SUPPORT 153135 THRESHOLDWORLD LLC 152 VILLA OESTE DORADO PR 00646 IT CONSULTANTS 152863 2 72246 4355554 22103 4427800 CONTRACT REVENUE 624100 17959196 17959196 CLIENT FEES 624100 315297 315297 18274493 268947 268947 2053674 1925631 128043 128043 128043 104711 72246 157786 -53075 -53075 23046208 18274493 0 343915 715965 715965 8144778 6723562 869362 551854 350176 304648 32658 12870 1442588 1191083 201188 50317 642704 508738 112475 21491 4630 4630 80294 80294 40572 40572 930272 475796 370856 83620 139262 47707 81846 9709 349541 154431 173741 21369 1270693 1146170 91961 32562 276678 263813 11527 1338 250283 179902 63133 7248 278495 197169 75995 5331 FOSTER PARENT & SHARED 6234219 6234219 CLOTHING & BIRTHDAY SUP 305835 305835 STAFF TRAINING 225398 29798 193625 1975 RECREATION & YOUTH EXPE 201342 201156 186 179522 63805 108092 7625 22063247 18027832 3228106 807309 1155472 269826 980000 2664925 1402562 1717422 446590 598908 4505884 1609707 2997031 2896177 9943290 10708666 1970683 1330241 18895628 20186165 1485377 1712278 1986647 1329394 3472024 3041672 X 14101722 14554878 1321882 2589615 15423604 17144493 18895628 20186165 982961 737928 0 X 0 1 X 1 0 X 2783865 674598 3841758 2303584 4427800 14031605 2783865 674598 3841758 2303584 4427800 14031605 5580340 8451265 89471 2271 84115 249274 268947 694078 104711 104711 14830394 97153355 0.56990 0.64930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENT INCOME - 2024 AMOUNT: $ 104,711. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 1 136592 136592 0 PART II-B, LINE 1: THE ORGANIZATION INCURRED EXPENSES DEVELOPING AND MAINTAINING RELATIONSHIPS WITH MASSACHUSETTS STATE REPRESENTATIVES AND SENATORS. THIS WORK INCLUDED OUTREACH AND ONGOING MEETINGS WITH LEGISLATORS FOR SUPPORT OF SPECIFIC CHILD WELFARE RELATED BILLS AND INITIATIVES PRIORITIZED BY THE ORGANIZATION. DURING THIS FISCAL YEAR, THE ORGANIZATION HAD TWO STAFF MEMBERS TO MANAGE THE DAY-TO-DAY LOBBYING AND POLICY OPERATIONS. OTHER ACTIVITIES (LINE 1I) ARE MADE UP OF THE FOLLOWING: THE ORGANIZATION INCURRED $109,726 IN SALARY EXPENSE, $18,196 ALLOCATED OCCUPANCY AND DEPRECIATION, $375 IN PROFESSIONAL FEES, $1,839 TRAVEL EXPENSE, $601 IN MEALS AND ENTERTAINMENT, $3,213 FOR SUBSCRIPTIONS AND PUBLICATIONS, $345 MISCELLANEOUS EXPENSES AND $2,297 FOR INSURANCE. 0 0 572200 572200 2366630 184390 2182240 141483 134962 6521 831923 742060 89863 593648 548295 45353 2896177 OPERATING LEASE RIGHT-OF-USE ASSETS 1203568 FINANCE LEASE RIGHT-OF-USE ASSETS 126673 1330241 OPERATING LEASE LIABILITIES 1206046 FINANCE LEASE LIABILITY 123348 1329394 X 24015257 737928 113907 851835 23163422 40572 -157786 -117214 23046208 22294368 113907 157786 271693 22022675 40572 40572 22063247 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF JUNE 30, 2025, MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF JUNE 30, 2025 THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -157,786. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 157,786. DARE TO HOPE GALA 176957 72246 104711 12999 91712 3788 49287 176957 72246 104711 12999 91712 3788 49287 157786 -53075 X 0 1 X X X 0 0 0 0 0 0 0 1 0 SHAHEER MUSTAFA PRESIDENT/CEO 328919 0 40000 0 0 0 20700 0 35062 0 424681 0 0 0 LISA ROWAN-GILLIS CHIEF DEVELOPMENT OFFICER 247185 0 10000 0 0 0 15909 0 25263 0 298357 0 0 0 RICHARD VOCCIO CHIEF FINANCIAL OFFICER 214298 0 10000 0 0 0 13996 0 27082 0 265376 0 0 0 LEAH JANEY CHIEF HUMAN RESOURCES OFFICER 204316 0 12000 0 0 0 11295 0 14500 0 242111 0 0 0 JULIA B SEGOVIA VP RESEARCH, POLICY & LEARNING 165913 0 12000 0 0 0 11929 0 31687 0 221529 0 0 0 IMANI Z SEUNARINE BACCI VP CHILD & FAMILY PROGRAMS 162385 0 8000 0 0 0 9682 0 38262 0 218329 0 0 0 AMY SCHNEIDER VP PROG. IMPACT & STRATEGY 176402 0 10000 0 0 0 11718 0 15500 0 213620 0 0 0 PART I, LINE 1A THE ORGANIZATION REIMBURSES SHAHEER MUSTAFA, PRESIDENT/CEO 50% OF THE COST OF MEMBERSHIP DUES TO A SOCIAL CLUB. THE REIMBURSEMENT WAS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 7 THE BONUS FOR THE PRESIDENT/CEO WAS DETERMINED BASED ON HIS PERFORMANCE AND UNDER THE DISCRETION OF THE BOARD MEMBERS OF THE WORKFORCE INVESTMENT COMMITTEE. THE BONUS FOR THE OTHER EXECUTIVE LEADERSHIP EMPLOYEES WERE BASED ON THE INDIVIDUALS REACHING AGREED UPON GOALS FOR FISCAL YEAR 2025 UNDER THE DISCRETION OF MANAGEMENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT WORKS WITH AN INDEPENDENT CPA FIRM TO PREPARE AND FILE THE FORM 990. A DRAFT OF THE FORM 990 IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER WITH THE MEMBERS OF THE FINANCE & AUDIT COMMITTEE FOR THEIR REVIEW AND DISCUSSION. A COPY OF THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS BY THE ORGANIZATION PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICTS OF INTEREST POLICY BY REQUIRING ALL EMPLOYEES AND BOARD MEMBERS TO AVOID PERSONAL ACTIVITIES, COMMITMENTS, OWNERSHIP INTERESTS, AND OTHER ARRANGEMENTS THAT MAY OR WILL COMPROMISE THEIR PRIMARY DUTY OF LOYALTY TO HOPEWELL. ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ENSURE THAT PERSONAL ACTIVITIES, COMMITMENTS, AND OWNERSHIP INTERESTS OUTSIDE HOPEWELL DO NOT CREATE ANY ACTUAL OR PERCEIVED CONFLICT OF INTEREST. FOR INSTANCE, EMPLOYEES AND BOARD MEMBERS MAY NOT SEEK TO INDUCE HOPEWELL TO ENTER INTO A BUSINESS RELATIONSHIP OR TRANSACTION WITH AN ENTITY IN WHICH THE EMPLOYEE, BOARD MEMBER OR A FAMILY MEMBER HAVE A FINANCIAL INTEREST, UNLESS THEY FIRST DISCLOSE THE EXISTENCE AND NATURE OF THAT FINANCIAL INTEREST. SIMILARLY, EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO AVOID USING HOPEWELL'S CONTACTS TO ADVANCE THEIR PRIVATE BUSINESS OR PERSONAL INTERESTS. FORM 990, PART VI, SECTION B, LINE 15 THE WORKFORCE INVESTMENT COMMITTEE ANNUALLY REVIEWS THE PRESIDENT'S AND THE KEY EMPLOYEES' COMPENSATION BY USING MULTIPLE PUBLISHED COMPARABILITY DATA SOURCES INCLUSIVE OF COMPARABLE COMPENSATION OBTAINED FROM AGENCY UFRS AND FORM 990S. THE COMMITTEE MAKES FINDINGS AS TO REASONABLENESS OF COMPENSATION AND THEN RECOMMENDS COMPENSATION THAT ARE REVIEWED WITH THE FULL BOARD OF DIRECTORS. THE MINUTES OF THE MEETING ARE RECORDED AND ANY SUPPLEMENTAL INFORMATION IS DOCUMENTED. THE COMMITTEE IS ALSO RESPONSIBLE FOR THE ANNUAL REVIEW OF THE PRESIDENT'S ANNUAL PERFORMANCE. THE RESULTS OF THE ANNUAL REVIEW ARE REVIEWED WITH THE FULL BOARD OF DIRECTORS. THE MINUTES OF THE MEETING ARE RECORDED AND ANY SUPPLEMENTAL INFORMATION IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.