Overview
What is House Of Hope Inc?
House of Hope Inc, situated in Mankato, Minnesota, is a dedicated nonprofit organization that offers residential and non-residential services to individuals struggling with chemical dependencies, mental health issues, or a combination of both. Their mission is to facilitate holistic recovery, helping clients develop effective coping strategies, self-awareness, and reduced risk of relapse. They strive to integrate mental health treatment with substance abuse recovery, providing services such as psychiatric consultations, medication management, meditation, relapse prevention, life-building skills, and addressing barriers to recovery. With a focus on re-integration as a productive member of society, their approach aims to better equip clients with the tools necessary for long-term recovery. They currently employ 41 individuals, demonstrating their commitment to the cause.
Official website here: www.houseofhopemn.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
House Of Hope Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is based entirely on its accountability measures, which are assessed through various metrics, all of which it meets or exceeds. This high rating indicates that the organization is committed to maintaining transparency and responsible financial practices.
The organization boasts an independent board with full compliance, as evidenced by its 100% independent board members. Additionally, it has effective oversight mechanisms in place, including a robust audit and oversight committee. The charity's financial health is further highlighted by a low liabilities to assets ratio of 32.71% and a program expense ratio of 76.48%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.
Despite these strengths, some users may desire more information regarding the charity's specific programs and their impact. While the financial metrics are excellent, transparency about the outcomes of the charity's initiatives could enhance public trust and engagement. Overall, House Of Hope Inc stands out for its financial accountability and governance, making it a worthy consideration for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is House Of Hope Inc legitimate?
House Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. House Of Hope Inc 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: $400,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,491,304
For more financial information, click here
Official website here: www.houseofhopemn.com
What is the mission statement of House Of Hope Inc?
House of Hope Inc's mission is centered around providing comprehensive treatment for individuals grappling with substance use disorders and mental health issues. The organization aims to facilitate recovery and re-integration of these individuals into society, using a holistic approach that encompasses various support services. These services include psychiatric consultations, medication management, meditation, relapse prevention, life-building skills, and addressing barriers to recovery. Through these efforts, clients are assisted in developing effective coping strategies, enhancing self-awareness, and reducing the risk of relapse with substances.
Official website here: www.houseofhopemn.com
Who is the CEO of House Of Hope Inc?
Mark Johnson is the Chair of House Of Hope Inc. The CEO's salary of House Of Hope Inc is $97,907 and their total compensation is $108,523.
Official website here: www.houseofhopemn.com
What is the revenue of House Of Hope Inc?
House Of Hope Inc's revenue in 2022 was $2,758,642.
Official website here: www.houseofhopemn.com
Who are the executives of House Of Hope Inc and what are their salaries?
The average compensation at House Of Hope Inc during 2022 was $46,145. There are 41 employees at House Of Hope Inc.
Here are 9 key members and their salaries (House Of Hope Inc's CEO's salary is $97,907 and their total compensation is $108,523):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $97,907
- Related: $0
- Other: $10,616
- Compensation: $75,424
- Related: $0
- Other: $11,704
- Compensation: $63,772
- Related: $0
- Other: $3,346
- Compensation: $81,292
- Related: $0
- Other: $2,794
- Compensation: $53,771
- Related: $0
- Other: $30
Official website here: www.houseofhopemn.com
Where can I find the form 990 for House Of Hope Inc?
House Of Hope Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.houseofhopemn.com
Learn more at the official website: www.houseofhopemn.com
Mission Statement of House Of Hope Inc
House of Hope Inc, a renowned nonprofit organization, is committed to providing licensed treatment for individuals grappling with substance use and mental health disorders. Their mission is to help those affected by these issues reclaim their lives and reintegrate as productive members of society.
The organization employs a holistic approach to recovery, focusing on addressing both chemical dependency and mental health concerns. This approach allows clients to develop effective coping strategies, gain self-awareness, and reduce the risk of relapse with chemicals.
House of Hope Inc offers a range of services to support this recovery approach. These services include psychiatric consults, medication management, meditation, relapse prevention, life-building skills, and barriers to recovery identification and management. These comprehensive services are designed to equip individuals with the tools they need to overcome their challenges and transition smoothly back into society.
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Impact
June, 2024
House of Hope Inc's impact is profound, as it provides licensed substance use disorder and mental health disorder treatment to individuals struggling with chemical dependency, mental health issues, or co-occurring disorders. By offering a holistic approach to recovery, House of Hope Inc equips clients with coping strategies, self-awareness, and the necessary tools to reduce the risk of relapse. Through services such as psychiatric consultations, medication management, meditation, relapse prevention, and life-building skills, House of Hope Inc supports individuals in their journey towards reintegration as productive members of society. This organization's commitment to comprehensive care makes a tangible difference in the lives of those affected by substance abuse and mental health issues.
This information is meant to be a general summary of House Of Hope Inc. 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.
- Investment Income: -$2,236
- Program Service Revenue: $2,324,618
- Gross Receipts: $2,827,004
Assets and Liabilities:
- Total Assets: $3,267,383
- Total Liabilities: $1,068,983
- Net Assets: $2,198,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential services
Revenue
$1,507,389
Nonresidential fees
Revenue
$766,486
Direct client fees
Revenue
$24,171
Organization Details
Founding Year
1971
Phone
(507) 385-7611Principal Officer
Mark Johnson
Main Address
1618 3rd Ave, Mankato, MN, 56001
Website
www.houseofhopemn.comNTEE Category
Code: F22Z - Mental health
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