Community Hope Inc

EIN: 222647038 501(c)(3) Human Services

Parsippany, NJ

Total Revenue
$15,743,308
Total Expenses
$16,314,056
Total Assets
$9,126,322
Net Assets
$2,790,146
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NJ
Principal Officer
Carmine Deo
Phone
9734639600
Tax Period
2024-07-01 to 2025-06-30

Community Hope Inc, founded in 1985, is a mid-sized nonprofit in the Human Services sector that reported $15.7M in total revenue in fiscal year 2024.

Mission

HELPING INDIVIDUALS, INCLUDING VETERANS, AND THEIR FAMILIES, OVERCOME MENTAL ILLNESS, ADDICTION, HOMELESSNESS AND POVERTY BY PROVIDING HOUSING AND SUPPORT SERVICES.

Program Service Accomplishments

Program 1
Expenses: $4,825,559

PREVENTION PROGRAM: DESIGNED TO ASSIST LOW-INCOME VETERAN FAMILIES IN SSVF - SUPPORTIVE SERVICES FOR VETERAN FAMILIES IS A HOMELESS MAINTAINING THEIR HOUSING AND/OR RAPIDLY RE-HOUSING HOMELESS...

Read more

PREVENTION PROGRAM: DESIGNED TO ASSIST LOW-INCOME VETERAN FAMILIES IN SSVF - SUPPORTIVE SERVICES FOR VETERAN FAMILIES IS A HOMELESS MAINTAINING THEIR HOUSING AND/OR RAPIDLY RE-HOUSING HOMELESS VETERANS AND THEIR FAMILIES IN BERGEN, ESSEX, HUDSON, HUNTERDON, MIDDLESEX, MORRIS, PASSAIC, SOMERSET, SUSSEX, UNION, WARREN, MERCER, MONMOUTH, BURLINGTON AND OCEAN COUNTIES, NEW JERSEY. VETERAN FAMILIES RECEIVE CASE MANAGEMENT TO ASSIST THEM IN DEVELOPING A HOUSING STABILITY PLAN WHICH MAY INCLUDE SUPPORT SERVICES, FINANCIAL ASSISTANCE AND ACCESS TO SUPPORT BENEFITS.

Program 2
Expenses: $4,453,964 Revenue: $2,956,609

CONSUMER PROGRAMS: THE ORGANIZATION PROVIDES RESIDENTIAL FACILITIES,INCLUDING HOUSING AND SUPPORT SERVICES TO PERSONS LIVING WITH MENTAL ILLNESS. THE ORGANIZATION SERVES THE ADULT RESIDENTS OF...

Read more

CONSUMER PROGRAMS: THE ORGANIZATION PROVIDES RESIDENTIAL FACILITIES,INCLUDING HOUSING AND SUPPORT SERVICES TO PERSONS LIVING WITH MENTAL ILLNESS. THE ORGANIZATION SERVES THE ADULT RESIDENTS OF MORRIS, SUSSEX, SOMERSET AND WARREN COUNTIES AS WELL AS HOUSING FOR VETERANS. THE COMMUNITY RESIDENCES ARE STAFFED 24 HOURS PER DAY OR PROVIDED REGULARLY SCHEDULED VISITS IN APARTMENTS BY PROFESSIONAL COUNSELORS WHO PROVIDE AID WITH DAILY LIVING SKILLS, CRISIS INTERVENTION, AND MEDICATION MONITORING. THESE COUNSELORS ASSIST RESIDENCES IN TRANSITIONING BACK INTO THE COMMUNITY AND WORKFORCE AFTER PSYCHIATRIC HOSPITALIZATION.

Program 3
Expenses: $2,302,246 Revenue: $1,831,142

VETERANS PROGRAM: HOPE FOR VETERANS IS A TRANSITIONAL HOUSING PROGRAM DEVELOPED BY COMMUNITY HOPE FOR VETERANS HAVING HONORABLY SERVED OUR COUNTRY IN TIME OF NEED WHO HAVE SINCE FALLEN UPON HARD...

Read more

VETERANS PROGRAM: HOPE FOR VETERANS IS A TRANSITIONAL HOUSING PROGRAM DEVELOPED BY COMMUNITY HOPE FOR VETERANS HAVING HONORABLY SERVED OUR COUNTRY IN TIME OF NEED WHO HAVE SINCE FALLEN UPON HARD TIMES. OPENED IN 2004 WITH 70 BEDS, IT IS THE LARGEST AND MOST COMPREHENSIVE PROGRAM FOR HOMELESS VETERANS IN NEW JERSEY. THE GOAL OF THE HOPE FOR VETERANS INITIATIVE IS TO PROVIDE A SAFE, SUPPORTIVE ENVIRONMENT WHEREIN FORMER SERVICEMEN AND WOMEN CAN START REBUILDING THEIR LIVES AND TRANSITION TO PERMANENT HOUSING UPON DISCHARGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,326,096
Program Service Revenue $5,162,862
Investment Income $140,109
Other Revenue $114,241
TOTAL REVENUE $15,743,308

Expense Breakdown

Grants Paid $2,937,700
Salaries & Benefits $9,559,255
Fundraising Expenses $402,851
Program Expenses $13,261,417
Other Expenses $3,817,101
TOTAL EXPENSES $16,314,056

Year-over-Year Comparison

2024 2023 Change
Revenue $15,743,308 $14,629,908 +0.1%
Expenses $16,314,056 $14,281,370 +0.1%
Net Income $-570,748 $348,538 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
221
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$164,270
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmine Deo CHIEF EXECUTIVE OFFICER 40.0
Officer
$153,026 $11,244 $164,270
Betty Thomas OPERATIONS DIRECTOR 40.0
Highest
$101,040 $14,299 $115,339
JENNIFER STIVERS Managing director 40.0
Highest
$102,400 $10,675 $113,075
John Iannetta President 1.0
Officer Director
$0 $0 $0
Laurie Becker Vice President 1.0
Officer Director
$0 $0 $0
Nicholas Lorusso TREASURER 1.0
Officer Director
$0 $0 $0
Todd Smith SECRETARY 1.0
Officer Director
$0 $0 $0
Bruce Silver Board Member 1.0
Director
$0 $0 $0
Paul Cocja Board Member 1.0
Director
$0 $0 $0
Belinda Perichi Board Member 1.0
Director
$0 $0 $0
ELIAS TSEPOURIDIS Board member 1.0
Director
$0 $0 $0
David Wissert Board Member 1.0
Director
$0 $0 $0
Jen Zimmer Board Member 1.0
Director
$0 $0 $0
Eileen Griffith Board Member 1.0
Director
$0 $0 $0
Fran DeSena Board Member 1.0
Director
$0 $0 $0
Jenn Stivers Board Member 1.0
Director
$0 $0 $0
Ann Mohamadi BOARD MEMBER 1.0
Director
$0 $0 $0
John Stritehoff BOARD MEMBER 1.0
Director
$0 $0 $0
Brent Ragans BOARD MEMBER 1.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $15,743,308 $16,314,056 $9,126,322 $-570,748
2024 $14,629,908 $14,281,370 $7,893,047 $348,538
2023 $13,301,053 $13,563,027 $7,847,214 $-261,974
2022 $14,405,150 $14,752,212 $6,811,161 $-347,062
2021 $13,965,223 $14,196,992 $6,633,737 $-231,769
2020 $11,727,991 $11,791,934 $7,737,909 $-63,943
2019 $11,816,157 $12,183,025 $8,217,758 $-366,868
2018 $13,199,021 $13,842,838 $9,564,088 $-643,817
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Community Hope Inc with other nonprofits in New Jersey and across the country.