Overview
What is Hope Network Services Corporation?
Hope Network Services Corporation, based in Grand Rapids, Michigan, is a nonprofit organization dedicated to empowering individuals with physical, mental, or emotional disabilities. They achieve this by providing vocational training and employment opportunities in areas such as janitorial services, grounds work, snow removal, and landscaping. Their services are offered to various government buildings, businesses, and organizations in West Michigan. In line with their Christian mission, Hope Network strives to help individuals overcome challenges, ultimately enabling them to attain their highest level of independence. The organization currently employs a total of 35 individuals.
Official website here: www.hopenetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Hope Network Services Corporation has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The score is derived entirely from their accountability and finance metrics, where they achieved an impressive score of 81%. This reflects a strong commitment to transparency and effective financial stewardship.
The organization demonstrates robust practices in its audit processes, conflict of interest policies, and whistleblower protections, all of which received full marks. Additionally, the financial health of the nonprofit is evidenced by a low liabilities to assets ratio of 17.86% and a high program expense ratio of 88.02%, indicating that a significant portion of their expenses goes directly to program services.
While the data highlights many strengths, including comprehensive financial oversight and solid governance practices, the overall rating suggests there may be room for improvement in other areas that could enhance their performance. Continued focus on sustainability and growth could help elevate their standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Network Services Corporation legitimate?
Hope Network Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Network Services Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $850,378
For more financial information, click here
Official website here: www.hopenetwork.org
What is the mission statement of Hope Network Services Corporation?
Hope Network Services Corporation, in its mission, operates with a Christian philosophy, aiming to empower individuals with various disabilities to surmount their challenges and attain their highest level of independence. The organization provides training and employment opportunities in sectors such as janitorial services, grounds work, snow removal, and landscaping. By offering these positions, Hope Network Services Corporation enables individuals with physical, mental, or emotional disabilities to contribute to their communities and gain a sense of independence and self-worth.
Official website here: www.hopenetwork.org
Who is the CEO of Hope Network Services Corporation?
Heather Zak is the President of Hope Network Services Corporation.
Official website here: www.hopenetwork.org
What is the revenue of Hope Network Services Corporation?
Hope Network Services Corporation's revenue in 2022 was $1,880,979.
Official website here: www.hopenetwork.org
Who are the executives of Hope Network Services Corporation and what are their salaries?
The average compensation at Hope Network Services Corporation during 2022 was $24,297. There are 35 employees at Hope Network Services Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $482,662
- Other: $31,077
- Compensation: $0
- Related: $248,776
- Other: $24,191
- Compensation: $0
- Related: $225,637
- Other: $14,234
- Compensation: $0
- Related: $102,707
- Other: $4,684
Official website here: www.hopenetwork.org
Where can I find the form 990 for Hope Network Services Corporation?
Hope Network Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopenetwork.org
Learn more at the official website: www.hopenetwork.org
Mission Statement of Hope Network Services Corporation
Hope Network Services Corporation, operating in a spirit of Christian service, empowers individuals facing various challenges to attain their highest level of independence. Their mission is centered around providing opportunities for people with physical, mental, or emotional disabilities. They accomplish this by offering training and employment in jobs such as janitorial work, grounds maintenance, snow removal, and landscaping services. These services are provided at various government buildings, businesses, and organizations within West Michigan. By offering these opportunities, Hope Network Services Corporation enables individuals with disabilities to overcome their challenges and achieve a level of independence that may not have been possible otherwise.
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Impact
July, 2024
Hope Network Services Corporation's impact is evident in its mission to empower people to overcome challenges and achieve their highest level of independence. By training and employing individuals with physical, mental, or emotional disabilities in janitorial positions, grounds work, snow removal, and landscaping services, Hope Network is providing valuable opportunities for those facing higher rates of unemployment. Through their services at government buildings, businesses, and organizations in West Michigan, Hope Network is not only creating employment opportunities but also fostering a sense of inclusion and community for individuals with disabilities. Their dedication to human services reflects a commitment to supporting and empowering individuals to reach their full potential.
This information is meant to be a general summary of Hope Network Services Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,780,902
- Gross Receipts: $1,880,979
Assets and Liabilities:
- Total Assets: $509,498
- Total Liabilities: $91,009
- Net Assets: $418,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENT A
Revenue
$1,780,902
Organization Details
Founding Year
2002
Phone
(616) 301-8000Principal Officer
Heather Zak
Main Address
3075 ORCHARD VISTA DR SE, GRAND RAPIDS, MI, 49546
Website
www.hopenetwork.orgNTEE Category
Code: P20 - Human services
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