GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE NETWORK is a major nonprofit in the Housing & Shelter sector that reported $183.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $168.0M left a modest 9% surplus.
IN CHRISTIAN SERVICE, HOPE NETWORK EMPOWERS PEOPLE TO OVERCOME CHALLENGES TO ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE.
BEHAVIORAL HEALTH - WITH ONE IN 5 PEOPLE AFFECTED, MENTAL ILLNESS IS OFTEN CLOSER THAN WE IMAGINE. AT HOPE NETWORK WE RECOGNIZE THAT TAKING CARE OF OUR MENTAL HEALTH IS JUST AS IMPORTANT AS ANY...
BEHAVIORAL HEALTH - WITH ONE IN 5 PEOPLE AFFECTED, MENTAL ILLNESS IS OFTEN CLOSER THAN WE IMAGINE. AT HOPE NETWORK WE RECOGNIZE THAT TAKING CARE OF OUR MENTAL HEALTH IS JUST AS IMPORTANT AS ANY PHYSICAL AILMENT. WHETHER IT'S A CHRONIC MENTAL ILLNESS, DEPRESSION, PERSONALITY DISORDER, ALZHEIMER'S OR OTHER BEHAVIORAL CONCERN, WE START WITH A PERSONALIZED ASSESSMENT AND TREATMENT PLAN. OUR CARE IS STRUCTURED IN A WAY FOR PEOPLE TO ENTER AT ANY POINT AND MOVE THROUGHOUT THE PROGRAM BASED ON THEIR NEEDS - FROM CRISIS INTERVENTION TO SPECIALIZED RESIDENTIAL OR OUTPATIENT TREATMENT PROGRAMS. AS EACH PERSON BECOMES MORE INDEPENDENT, OUR GOAL IS TO HELP PEOPLE MANAGE THEIR MENTAL ILLNESS AND GAIN GREATER CONTROL OF THEIR LIVES.
COMMUNITY SUPPORT SERVICES - A LITTLE HELP IN THE RIGHT DIRECTION CAN GO A LONG WAY. ESPECIALLY WHEN IT MEANS HAVING A PLACE TO LIVE, A JOB, OR A RIDE TO AN IMPORTANT APPOINTMENT.THROUGH OUR...
COMMUNITY SUPPORT SERVICES - A LITTLE HELP IN THE RIGHT DIRECTION CAN GO A LONG WAY. ESPECIALLY WHEN IT MEANS HAVING A PLACE TO LIVE, A JOB, OR A RIDE TO AN IMPORTANT APPOINTMENT.THROUGH OUR COMMUNITY SERVICES PROGRAMS WE PROVIDE JOB TRAINING AND PLACEMENT FOR EX-OFFENDERS, REFUGEES AND PEOPLE WITH DISABILITIES; AND RIDES FOR PEOPLE WITH DISABILITIES LIVING IN THE COMMUNITY. WE ALSO STEP IN TO HELP THOSE WHO LIVE ON THEIR OWN BUT NEED A LITTLE EXTRA ASSISTANCE MANAGING THEIR PHYSICAL, SPIRITUAL OR EMOTIONAL NEEDS. BUT IT'S NOT ABOUT THE SERVICES WE OFFER. IT'S ABOUT THE PEOPLE WE SERVE WHO EMERGE WITH A GREATER SENSE OF PRIDE AND LEVEL OF INDEPENDENCE.
REHABILITATION SERVICES - EXPERT NEURO REHABILITATION TAKES TIME. THAT'S WHY WE'VE BEEN DOING IT FOR OVER 30 YEARS.LIFE CAN CHANGE IN AN INSTANT. A BRAIN INJURY, SPINAL CORD INJURY, OR DIAGNOSIS CAN...
REHABILITATION SERVICES - EXPERT NEURO REHABILITATION TAKES TIME. THAT'S WHY WE'VE BEEN DOING IT FOR OVER 30 YEARS.LIFE CAN CHANGE IN AN INSTANT. A BRAIN INJURY, SPINAL CORD INJURY, OR DIAGNOSIS CAN MAKE THE SIMPLE THINGS IN LIFE SEEM FAR AWAY. THAT'S WHY WE'RE FIRMLY DEDICATED TO HELPING PEOPLE MAKE A COMEBACK.WE'VE SEEN PEOPLE DO SOME PRETTY AMAZING THINGS WHEN FACING A WORLD OF DOUBT - WHEN TAKING A SINGLE STEP FORWARD SEEMS IMPOSSIBLE. BUT WE KNOW THAT EVERY COMEBACK HAS TO START SOMEWHERE. AND WE'RE READY TO BE THAT PLACE. FOR OVER 30 YEARS, WE'VE SERVED PEOPLE WITH TRAUMATIC BRAIN INJURIES, SPINAL CORD INJURIES, OR OTHER NEUROLOGIC CONDITIONS AND HELPED THEM RE-ESTABLISH PURPOSEFUL PARTICIPATION IN WORK, SCHOOL, HOME, PARENTING, SOCIAL RELATIONSHIPS, AND LEISURE/RECREATION ACTIVITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $183,764,829 | $165,555,027 | +0.1% |
| Expenses | $167,959,656 | $147,069,397 | +0.1% |
| Net Income | $15,805,173 | $18,485,630 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARGARET KROESE | DIRECTOR OF REHAB, ED OF REHAB | 40.00 |
Officer
Director
|
$200,074 | $19,524 | $219,598 |
| JEFFREY BENNETT | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN DEVOS | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| CONNIE LETTINGA | SECRETARY OF HN FOUNDATION | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNN FERRIS | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM SVITKOVICH | VICE CHAIR OF HN FOUNDATION | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SID RUBIN | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON ISRAELS | TREASURER OF HN FOUNDATION | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM ALTON | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY BECKER | SECRETARY, VP OF HOUSING | 1.50 |
Officer
Director
|
$0 | $19,900 | $306,456 |
| SHELLEY IRWIN | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE MRAZ | CHAIR OF HN FOUNDATION | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ANTHONY CHANG | DIRECTOR OF HN FOUNDATION | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT VON KAENEL JR | PRESIDENT | 1.50 |
Officer
Director
|
$0 | $13,308 | $487,783 |
| HEATHER ZAK | TREASURER | 1.50 |
Officer
Director
|
$0 | $9,683 | $213,603 |
| DR KIRAN TAYLOR | DIRECTOR OF HOPE NETWORK PROFESSIONAL SERVICES | 1.50 |
Officer
Director
|
$0 | $23,908 | $418,143 |
| DEBORAH MOCK | EXECUTIVE DIRECTOR OF BHS | 40.00 |
Officer
|
$166,678 | $14,568 | $181,246 |
| JAMIE BRAGG-LOVEJOY | FORMER EXEC DIR BHS EAST | 40.00 |
Officer
|
$171,830 | $5,218 | $177,048 |
| ANTHONY BARKER | EXECUTIVE DIRECTOR HOUSING | 1.50 |
Officer
|
$0 | $8,324 | $152,939 |
| ERIK WOLENBERG | FORMER EXECUTIVE DIRECTOR OF FOUNDATION | 40.00 |
Officer
|
$117,851 | $7,835 | $125,686 |
| AMANDA PLUMB | EXECUTIVE DIRECTOR BHS EAST | 40.00 |
Officer
|
$114,472 | $13,861 | $128,333 |
| YOLANDA GILES | MEDICAL DIRECTOR | 40.00 |
Highest
|
$319,090 | $8,306 | $327,396 |
| MARTIN WAALKES | PSYCHOLOGIST | 40.00 |
Highest
|
$140,618 | $4,891 | $145,509 |
| ANDREA PATRICK | PROGRAM MANAGER | 40.00 |
Highest
|
$170,385 | $3,957 | $174,342 |
| QUEEN LOTSU | PROGRAM MANAGER | 40.00 |
Highest
|
$150,753 | $3,090 | $153,843 |
| KORINNE PERRY | LEAD ADV PRACTIVE PROFESSIONAL | 40.00 |
Highest
|
$144,843 | $1,669 | $146,512 |
| PHILLIP W WEAVER | FORMER PRESIDENT | 1.50 |
|
$0 | $443 | $200,010 |
| WILLIAM ANSTEY | FORMER TREASURER | 1.50 |
|
$0 | $3,451 | $125,848 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $183,764,829 | $167,959,656 | $160,634,516 | $15,805,173 |
| 2023 | $165,555,027 | $147,069,397 | $144,975,915 | $18,485,630 |
| 2022 | $158,285,699 | $147,314,748 | $107,133,184 | $10,970,951 |
| 2021 | $153,118,901 | $143,302,121 | $101,187,581 | $9,816,780 |
| 2020 | $149,586,179 | $147,349,371 | $95,160,352 | $2,236,808 |
| 2019 | $156,117,363 | $145,017,489 | $106,358,398 | $11,099,874 |
| 2018 | $145,655,885 | $135,639,349 | $93,249,680 | $10,016,536 |
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