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Restored Hope Network

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 460739644 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Restored Hope Network?

Restored Hope Network is a Colorado Springs, Colorado-based nonprofit organization with a mission to bring hope to individuals struggling with sexual and relational challenges, particularly those affected by homosexuality. The organization, with a team of four dedicated individuals, provides educational resources and referral services to aid those in need. Through conferences and the creation of informative materials, Restored Hope Network extends its reach beyond its physical location, furthering its educational outreach. The nonprofit's core mission is to offer a pathway towards healing and restoration, ultimately helping individuals overcome the challenges associated with sexual and relational sin.


Official website here: www.restoredhopenetwork.org

Is Restored Hope Network legitimate?

Restored Hope Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restored 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: $66,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,680

For more financial information, click here


Official website here: www.restoredhopenetwork.org

What is the mission statement of Restored Hope Network?

The Restored Hope Network's mission is centered around restoring hope to individuals who have been affected by sexual and relational sin, with a particular focus on those impacted by homosexuality. Their goal is to provide support and healing, aiming to help these individuals overcome their struggles. The organization offers educational resources and referral services to a wide range of individuals seeking assistance. To expand its reach, Restored Hope Network creates educational materials and participates in conferences to further its outreach efforts.


Official website here: www.restoredhopenetwork.org

Who is the CEO of Restored Hope Network?

Jeff Simunds is the Treasurer of Restored Hope Network.


Official website here: www.restoredhopenetwork.org

What is the revenue of Restored Hope Network?

Restored Hope Network's revenue in 2022 was $240,070.


Official website here: www.restoredhopenetwork.org

Who are the executives of Restored Hope Network and what are their salaries?

The average compensation at Restored Hope Network during 2022 was $24,470. There are 4 employees at Restored Hope Network.


Here are 8 key members and their salaries:


Anne Edward (Executive Dir.)
  • Compensation: $66,200
  • Related: $0
  • Other: $0
Debora Barr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Courson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Hitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Eggman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Simunds (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Katsoudas (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanne Barnes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.restoredhopenetwork.org

Where can I find the form 990 for Restored Hope Network?

Restored Hope Network's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.restoredhopenetwork.org

Learn more at the official website: www.restoredhopenetwork.org

Mission Statement of Restored Hope Network

Restored Hope Network, as an organization, is dedicated to restoring hope to individuals who have been affected by sexual and relational sin, with a particular focus on those impacted by homosexuality. Their mission is to provide education and referral services, aiming to offer a pathway towards healing and recovery. The network accomplishes this by preparing informative materials and participating in conferences, thereby expanding its educational outreach.

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Impact




October, 2024

Restored Hope Network has significantly impacted individuals struggling with sexual and relational sin, particularly those affected by homosexuality. By offering educational resources and referral services, the organization has provided vital support for those seeking help in their journeys toward healing and restoration. Their commitment to preparing informative materials and participating in conferences has enhanced their educational outreach, reaching numerous individuals in need. Based in Colorado Springs, the network plays an essential role in fostering hope and facilitating recovery for many affected by these challenges.




This information is meant to be a general summary of Restored 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.

Revenue
$240,070 (2022)
Expenses
$237,550 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $108,952
  • Gross Receipts: $240,070

Assets and Liabilities:

  • Total Assets: $275,593
  • Total Liabilities: $40,359
  • Net Assets: $235,234

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Conferences & educational

Revenue

$108,321

Miscellaneous income

Revenue

$631

Organization Details

Principal Officer

Jeff Simunds

Main Address

PO Box 64588, Colorado Springs, CO, 80962

NTEE Category

Code: P20 - Human services

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