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Hope Community, Inc.

Hope Community is a catalyst for change, growth and safety. We are building a sustainable neighborhood model through community organization, active education, leadership and affordable housing development.

Mission Statement
Review Completed: 8/16/2012
611 East Franklin Avenue
Minneapolis, MN 55404
Phone: 612-874-8867
Fax: 612-874-8650
Other Names Used Hope Community, Hope
EIN 41-1292817
Principal Staff Mary Keefe, Executive Director
Number of Full-Time Equivalents (FTE) 11
Number of Volunteers 100
Number of Clients Served 900
General Information
Board Chair Patricia Cummings and Clint Hewitt
Number of Board Members 21
Board meetings with quorum 9
Average Member Attendance at Board Meetings 10.89
Publicly Available Documents Most Recent 990
Most Recent Audit
Board
Accomplishments
Safe, affordable housing:Today Hope owns and manages 50 units of rehabbed housing in older buildings and 123 units of housing in three four story buildings at the intersection. The development includes Hope’s headquarters and community center, two new businesses (a neighborhood market and day care), and many outdoor playgrounds and community spaces. Building strong community for the long-term: Community connection is at the core of Hope's mission. Hope's diverse staff have to date engaged over 2,000 people in community dialogues; over 500 youth and adults are involved each year in learning, leadership, art, community building and organizing. Broader Impact - Partnership, Networks, Connections: Hope brings investment to the neighborhood through extensive connections to the city, county, state and other local organizations, universities and colleges, the local business community, Minneapolis police, politicians,and decision makers around critical issues like safety, education, and citizenship. It is this multi-layered hub that Hope is building which offers the most potential for impact with finite resources.
Current Goals
Neighborhood Revitalization Goals/Outcomes 2012 1. Effectively manage 173 units of housing (85% affordable) that are home to 450 children, youth and adults. Hope tenants reflect the diversity of the neighborhood, representing many racial and cultural backgrounds: African American, Latino, Native American, European American, East and West African, Asian and Hispanic. The median income for tenant families larger than three people is $19,000 (over half of our tenants have incomes below the Federal Poverty Level). 2. Work to develop additional affordable housing: Work with our partners at Aeon to move forward South Quarter Phase IV. We have identified substandard, vacant and foreclosed properties in the area surrounding Hope for possible future development, and are beginning to explore partnerships with other developers. 3. Work with youth and adults to build on programming and community building that involves over 500 children, youth, parents and other adults each year in Hope’s Community Engagement programs. We don’t limit our programs to tenants because we want to positively impact the broader community. Participants reflect neighborhood cultures and are low income and reflect neighborhood cultures similar to our tenants. 4. Impact the community and bring additional resources through partnerships and networks with other organizations and institutions. 5. Track involvement and impact.
Community or Constituency Served
Hope is located in the Phillips Community. The 20,000 neighborhood residents include people from African American, American Indian, and European American cultures, as well as immigrants from many African and Latino countries (80% of residents are people of color). Hope’s work involves culturally diverse, working class and very low-income people. The median income for the neighborhood is one-third of the median income for the metro area. Hope tenants and participants reflect the diversity of the neighborhood. Families living in Hope’s affordable housing often earn much less than the 30- 50% of the area median income that qualifies them to rent at Hope. The median income for families of three or more renting from Hope is $19,000.
Geographic Area Served
Hope Community is located in the Minneapolis Phillips community and serves surrounding neighborhoods.
Impact and Programs

3 Year Average Expenses

Program Services: $1,464,368 82.4%
Management: $142,077 8%
Fundraising: $171,488 9.6%

Unrestricted Net Assets

2011 2010 2009
End of Year: $5,940,170 $5,354,300 $4,722,021
Beginning of Year $5,354,300 $4,722,021 $4,169,854
Difference $585,870 $632,279 $552,167
Unrestricted Net Assets (End of Year), Current 990 $5,940,170
Based on information provided on 2009 to 2011
Financials
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