HOPE COMMUNITY INC
611 EAST FRANKLIN AVENUE, MINNEAPOLIS, MN 55404 www.hope-community.org

Total Revenue
$3,834,571
Total Expenses
$2,595,421
Net Assets
$7,311,386

Organizations Filed Purposes: HOPE COMMUNITY CREATES CONNECTIONS THAT STRENGTHEN THE POWER OF COMMUNITY MEMBERS AND COMMUNITIES. WE CULTIVATE COMMUNITY LEADERS, BUILD COMMUNITY CAPACITY, CARE FOR THE HOUSING AND COMMUNITY SPACES WE DEVELOP, AND PURSUE EQUITY AND DIVERSITY IN ALL THAT WE DO.

COMMUNITY ENGAGEMENT- HOPE COMMUNITY WORKS WITH DIVERSE ADULTS AND YOUTH TO BUILD LEADERSHIP AND MULTI-CULTURAL NETWORKS IN A COMMUNITY KNOWN FOR ISOLATION. AT THE CORE: HOPES YEAR-ROUND WORK WITH OVER 500 COMMUNITY RESIDENTS ANNUALLY CREATES OPPORTUNITY AND LONG-TERM SUSTAINABILITY (NOT LIMITED TO RESIDENTS IN OUR HOUSING). IN ADDITION, ANOTHER 1,000 PARTICIPATE IN SPECIAL OPPORTUNITIES, WORKSHOPS AND EVENTS. WE ALWAYS FOCUS ON SKILL BUILDING, LEADERSHIP DEVELOPMENT, AND OPPORTUNITIES TO BUILD INDIVIDUAL CAPACITY, COMMUNITY CAPACITY AND COMMUNITY CHANGE. OUR WORK IS NOT ABOUT HOPE DOING FOR PEOPLE; IT IS ABOUT SUPPORTING PEOPLE TO DO FOR THEMSELVES. CORE PROGRAM AREAS INCLUDE ART, POLICY, AND POWER; COMMUNITY HEALTH AND RESILIENCE, AND YOUTH AND FAMILY ENGAGEMENT.

REAL ESTATE DEVELOPMENT- HOPE'S WORK WITH REAL ESTATE AND PUBLIC SPACE FEATURES AN INNOVATIVE, ENTREPRENEURIAL APPROACH TO COMMUNITY DEVELOPMENT, AND HOPE HAS DEVELOPED A CRITICAL MASS OF HOUSING, INDOOR AND OUTDOOR COMMUNITY SPACE (INCLUDING HOPE'S OFFICES AND COMMUNITY CENTER), AND SPACE FOR TWO NEIGHBORHOOD BUSINESSES THAT ARE CHANGING THE FACE OF A FORMERLY DEVASTATED NEIGHBORHOOD. SOUTH QUARTER, A MAJOR DEVELOPMENT (IN PARTNERSHIP WITH AEON) REFLECTS 20+ YEARS OF PERSISTENT VISION AND STRATEGY TO DEVELOP A CRITICAL MASS OF COMMUNITY-FOCUSED HOUSING ON ALL FOUR CORNERS OF THE PORTLAND AND FRANKLIN INTERSECTION. IN TOTAL, HOPE HAS DEVELOPED 267 UNITS OF HOUSING (70% AFFORDABLE, 30% MARKET RATE), 25,000 SQUARE FEET OF RETAIL, OFFICE AND COMMUNITY SPACE, AND 7,500 SQUARE FEET OF URBAN AGRICULTURE SPACE IN THE BLOCKS AROUND FRANKLIN AND PORTLAND AVENUES. HOPE AND AEON CO-OWN THE BUILDINGS IN THE SOUTH QUARTER: HOPE OWNS ANOTHER 50 UNITS OF RENTAL HOUSING IN THE IMMEDIATE AREA.

HOUSING AND ASSET MANAGEMENT- STABLE, HEALTHY AND AFFORDABLE HOUSING IN A SUPPORTIVE COMMUNITY ENVIRONMENT IS AN EFFECTIVE WAY FOR INDIVIDUALS AND FAMILIES TO MEET THE CHALLENGES OF POVERTY AND ISOLATION IN AN URBAN ENVIRONMENT. HOPE'S RELATIONSHIPS WITH RESIDENTS ARE ROOTED IN RESPECT AND MUTUAL ACCOUNTABILITY. AS A PROPERTY OWNER COMMITTED TO ITS BUILDINGS FOR THE LONG-TERM, HOPE IS RESPONSIBLE FOR THE TRADITIONAL DUTIES OF A REAL ESTATE ASSET MANAGER FINANCIAL OVERSIGHT, SELECTION OF PROPERTY MANAGER, COMPLIANCE WITH REGULATORY AGREEMENTS, CAPITAL IMPROVEMENT PLANNING, ETC. HOWEVER, HOPE'S APPROACH TO ASSET MANAGEMENT INVOLVES A MUCH BROADER UNDERSTANDING OF HOW TO MAINTAIN ITS REAL ESTATE AS A LONG-TERM ASSET. KEY TO THAT UNDERSTANDING IS RELATIONSHIP MAINTAINING RELATIONSHIPS WITH RESIDENTS, FUNDERS, GOVERNMENT PARTNERS, NEIGHBORS, COMMUNITY MEMBERS, AND MANY OTHERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Shannon JonesEXECUTIVE DIR.40$101,857
Kia HakimiDIRECTOR1$0
Dan McleanTREASURER2$0
Lacora Bradford KestiCO-CHAIR2$0
Muna AbdirahmanCO-CHAIR2$0
Brockman SchumacherSECRETARY2$0
Anne BarryDIRECTOR1$0
Sharon Sayles BeltonDIRECTOR1$0
Maria Pabon GautierDIRECTOR1$0
Heidi Lasley BarajasDIRECTOR1$0
Janette LawDIRECTOR1$0
Cecile BedorDIRECTOR1$0
Claire ChangDIRECTOR1$0
Clint HewittDIRECTOR1$0
Steve RobinsonCO-CHAIR2$0
C Terrance AndersonDIRECTOR1$0
Candice RosalezDIRECTOR1$0
Ani Ryan KochDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033019349301958_public.xml