English
Amharic
Arabic
French
German
Hindi
Korean
Myanmar (Burmese)
Nepali
Pashto
Russian
Spanish
Swahili
Thai
Vietnamese
2022 Financial Information
A core value of Hope Communities is Integrity. We understand the need for financial transparency and accountability. The documents provided here are intended to show how we are responsibly managing and protecting investments in Hope to fulfill our mission.
We welcome all inquiries surrounding our finances. Past years’ audited financials, 990 tax return, and annual reports are available upon request to info@hopecommunities.org
For more than 43 years, Hope Communities has provided Denver families with home, opportunity, and community. Click on the image below to view our 2022 Annual Report and learn more about Hope’s progress and impact.
The IRS requires all nonprofits to complete a 990 tax return. This form is used by the IRS to assess the nonprofit for its compliance with tax laws. View the 2022 Hope Communities’ 990 tax return* by clicking on the image below.
*Important to understanding the finances of Hope Communities is the knowledge that our affordable housing program is by far our largest, containing a portfolio of four affordable rental properties (that Hope has an ownership interest in and manages). The 990 Tax Return simply reflects Hope’s ownership percentage in each of the entities in its management portfolio, and looks different than the audited financial statements.
The affordable housing program generates revenue in the form of rental income needed to cover the operating expenses of each entity. Hope has made a commitment to maintaining rents at an affordable rate, and we are proud that we have offset general operating expenses without outside support. All resident support programs, housing development and needed capital improvements – such as security and energy efficiency upgrades – depend entirely on fundraising dollars.
We encourage you to view our 2022 Audited Financial Statements, showing
85% of our budget is spent on fulfilling our mission.
Recent Posts
Partnerships that keep our communities fed
Since starting our food distribution program at the height of the pandemic in 2020, we have partnered with several agencies to get fresh, healthy foods to our community. While we have been fortunate enough to be the recipient of several generous grants, often what we...
#Schwab4Good
In early May, volunteers with Charles Schwab came to Hidden Brook to help out for their annual volunteer day. All across the country, Scwabbies, as they call themselves, donated a day of their time to non-profits to assist in doing anything that needed doing. This...
Helping Families This Holiday Season
What is Treasure Store? Treasure Store was started as a way to help our resident families during the holidays. Every parents wants to make sure their children have a gift to open on their day of celebration, but it can be a financial hardship. To ease that burden,...
Updates from the Community
Our Mission. We strengthen communities and provide pathways to economic and personal opportunity through affordable housing, educational programs and support services. One of the most important things you can do on this Earth is to let people know they are not alone....