Overview
What is Hope Network?
Hope Network is a nonprofit organization based in Grand Rapids, Michigan, with a mission to assist individuals facing physical, mental, or social barriers. Established over five decades ago, the organization provides a range of services tailored to help people overcome challenges and lead fulfilling lives. These services include neuro-rehabilitation, behavioral health, developmental support, and various community programs. With a strong emphasis on Christian values, Hope Network empowers individuals to achieve their highest level of independence. Their offerings extend from intensive therapy sessions to practical support services like transportation, aiming to cater to a wide range of needs. Their dedication and commitment have led to numerous success stories of recovery, restoration, and hope. For more information, visit their website at www.hopenetwork.org.
Official website here: www.hopenetwork.org
What are the reviews and ratings of this charity?
Hope Network has achieved an admirable score of 96% on Charity Navigator, earning it a prestigious Four-Star out of Four Star rating. This rating reflects strong performance in Accountability & Finance, indicating that the organization prioritizes integrity and financial health. Full marks were earned for having a majority-independent board and comprehensive financial policies, showcasing its dedication to ethical governance.
Charity Navigator data reveals several strengths of Hope Network, particularly in its financial metrics. The organization boasts an excellent program expense ratio of 91.49%, illustrating its commitment to allocating the majority of funds towards its mission-driven programs. Additionally, the lack of a material diversion of assets further underscores its financial integrity, while robust oversight ensures operational transparency.
Despite these strengths, there are areas where data is limited or missing, such as a lack of impact measurement scores and missing key salary disclosures. The missing posting of their tax form online might suggest a slight transparency gap. However, the overall high rating underscores the organization's robust financial management and adherence to best practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Network legitimate?
Hope Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Network 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: $1,271,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,619,112
For more financial information, click here
Official website here: www.hopenetwork.org
What is the mission statement of Hope Network?
The Hope Network, in its mission, serves in Christian faith to empower individuals facing various challenges, aiming to help them achieve their highest level of independence. With a focus on addressing physical, mental, and social barriers, Hope Network has been providing neuro-rehabilitation, behavioral health, developmental, and support services for over five decades. The organization advocates for those who often slip through the cracks and do not receive the care they deserve. By offering therapy, transportation assistance, and various community support services, Hope Network strives to facilitate recovery, restoration, and hope for those in need.
Official website here: www.hopenetwork.org
Who is the CEO of Hope Network?
Robert Vonkaenel Jr is the CEO of Hope Network The CEO's salary of Hope Network is $17,237 and their total compensation is $18,294.
Official website here: www.hopenetwork.org
What is the revenue of Hope Network?
Hope Network's revenue in 2023 was $11,979,482.
Official website here: www.hopenetwork.org
Who are the executives of Hope Network and what are their salaries?
The average compensation at Hope Network during 2023 was $55,563. There are 196 employees and 14 volunteers at Hope Network.
Here are 24 key members and their salaries (Hope Network's CEO's salary is $17,237 and their total compensation is $18,294):
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- Compensation: $17,237
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- Other: $1,057
- Compensation: $414,483
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- Other: $11,712
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- Compensation: $253,654
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- Other: $19,984
- Compensation: $149,310
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- Other: $17,452
- Compensation: $144,526
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- Other: $21,009
- Compensation: $177,341
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- Other: $21,391
- Compensation: $378,326
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- Other: $23,903
- Compensation: $144,533
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- Other: $15,648
- Compensation: $189,945
- Related: $0
- Other: $8,345
Official website here: www.hopenetwork.org
Where can I find the form 990 for Hope Network?
Hope Network's most recent form 990 was submitted in 2023 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
Hope Network, in Christian service, empowers individuals to overcome challenges and achieve their highest level of independence. The organization's mission is centered around advocating for the millions of people in the United States, including over a million in Michigan, who are affected by physical, mental, or social barriers, often falling through the cracks and not receiving the care they deserve. For five decades, Hope Network has provided a range of services, including neuro-rehabilitation, behavioral health, developmental support, and community services. These offerings give people the opportunity to overcome life's challenges, reflecting the belief that every person is created to live life to its fullest. Whether an individual needs intensive therapy, transportation to an appointment, or any of the many community support services, Hope Network is ready to serve. The result has been countless stories of recovery, restoration, and hope.
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Impact
July, 2024
Hope Network empowers individuals to overcome physical, mental, and social barriers to achieve their highest level of independence. With a focus on providing neuro-rehabilitation, behavioral health, developmental, and support services, Hope Network advocates for those who have fallen through the cracks and are not receiving the care they deserve. Through intensive therapy, community support services, and transportation assistance, Hope Network has been able to create countless stories of recovery, restoration, and hope. Their impact is evident in the lives of over 60 million individuals in the U.S., with one million of them residing in Michigan. Hope Network's commitment to helping people live life to the fullest is evident in the positive changes they bring to their community.
This information is meant to be a general summary of Hope Network. 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 2023.
- Investment Income: $773,717
- Program Service Revenue: $11,201,057
- Gross Receipts: $11,979,482
Assets and Liabilities:
- Total Assets: -$7,926,565
- Total Liabilities: $15,537,144
- Net Assets: -$23,463,709
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT & SUPPORT FEES
Revenue
$11,201,057
Organization Details
Founding Year
1963
Principal Officer
Heather Zak
Website
www.hopenetwork.orgNTEE Category
Code: P82 - Human services
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