Hope Community Inc

What it reported doing in 2025

Affordable housing and place-based community development: over a 30-year period, hope has worked with multiple partners to develop 300 high-quality rental units and 12 affordable homeownership units; greenspaces, play spaces, and 7,500 square feet of community gardens; hope's offices and community center; and commercial spaces for neighborhood businesses. Approximately 800 people live in hope's rental housing. Seventy-five percent (75%) of our units meet affordability requirements for households living at 30-50% of the area median income (ami). Hope's housing supports household stability, with the average stay being 7 years. Demand for hope housing is represented by consistently full units, suggesting that hope homes are desirable and fill a community need.community ownership and economic mobility: eligible low-income renters in phillips and other communities participate in training toward a financial goal: becoming owner-occupant landlords of small multi-family buildings. Since launching in 2020, hope has trained 11 cohort groups with 96 participants in this opportunity to build wealth and provide affordable housing through small-scale neighborhood entrepreneurship. To date, 18 graduates have successfully purchased their own properties. Another 76 graduates have established a wealth-building mindset and taken significant steps (such as credit repair) toward their financial goals.food, land, and community (flc): neighbors plan, plant, tend, harvest, and distribute fresh, culturally relevant produce to the community. Using restorative agriculture techniques and following mutual aid principles, the program fosters food sovereignty and security, environmental justice, and climate health. In 2025, nearly 150 participants built community and tended three gardens to learn, grow, and share approximately $7,000 worth of fresh, nutritious food with nearly 350 neighbors.youth leadership and career readiness: youth aged 8-18 develop and practice social-emotional, technical, and life skills; explore entrepreneurism and career pathways; design and develop creative projects; and build strong community relationships with peers and mentors.in 2025, of 150 participating youth, 80% feel confident using new skills and 75% have been involved for more than a year. Sixty-eight participants completed self-directed creative projects; 17 completed a week of summer overnight camp; 4 completed paid summer internships; 35 explored careers with mentors in various professions; 5 applied for post-secondary scholarship opportunities. Art of radical collaboration (arc): arc is a year-round community arts program that supports artistic development, expression, and leadership in the community. In all arc activities, artists practice asking critical questions, foster networks of mutual support and opportunity, and strengthen practitioner capacity to engage with the broader community respectfully, powerfully, and effectively. In 2025, we conducted 9 skill shares workshops on variety of engaging art activities in community setting and planned for a community art studio which will be launched in late 2026.policy and systems change: our engagement work naturally leads us into policy and systems change. Through our participation in multiple coalitions to build community power, we work to shape equitable policies and practices within systems and institutions. In 2025, we produced 6 events focused on voter education, including educating candidates on responsibilities of park board commissioners, and a series of candidate forums for each park district and citywide. The minneapolis park and recreation board of commissioners elected in 2025 reflects a significant increase in diversity and equity-centered leadership. Emerging initiativescommunity art studio: to support our arc program and neighborhood community artists, hope is redeveloping one of our existing commercial spaces into a community art studio. In 2026, we'll complete renovations in our jourdain building to est

Financial Efficiency

• Mission deployment rate: 93.8%; rating input score 94
• Program expense ratio: 84.7%; rating input score 85
• Fundraising efficiency: $16.04 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 14th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -10.7%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 2.86; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.81; rating input score 8; 8th percentile among comparable filings
• Officer compensation ratio: 6.2%; rating input score 49; 49th percentile among comparable filings

Growth

• Program expense growth: 7.6% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 4.9% per year; rating input score 100; 37th percentile among comparable filings
• Asset growth: 2.6% per year; rating input score 100; 21st percentile among comparable filings