Hope Housing Development Corporation

Nonprofit profile at a glance

EIN
456017284
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Hope, ND, USA
Phone
7017890853
Rating confidence
Limited

Reported finances

Revenue
$171,663
Expenses
$156,655
Assets
$354,514
Liabilities
$261,245

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Josh Ihry (President)

People named in this filing

  • Josh Ihry (President)
  • Ricky Hushka (Board member)
  • Susan Bellon (Board member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing for the low income and elderly people of the Hope ND area

What it reported doing in 2025

Provide affordable housing to low income and elderly people of the Hope ND community and to maintain the facilities in the best possible condition. There are 23 units available for rent in this project.

Operating model

Revenue model
Earned-program. 85% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 52
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 8.7%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 2.26; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.74; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 13.2%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.