Vision Hope Community Development Corporation Inc

Vision Hope Community Development Corporation Inc shows inconsistent financial performance with fluctuating revenues and expenses, though executive compensation remains at 0%.

EIN: 10701611 · St Clr Shores, MI · NTEE: L21 · Updated: 2026-03-28

$309KRevenue

$238KAssets

65/100Mission Score (Good)

L21

About Vision Hope Community Development Corporation Inc

Vision Hope Community Development Corporation Inc (EIN: 10701611) is a nonprofit organization based in St Clr Shores, MI, classified under NTEE code L21. The organization reported total revenue of $309K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vision Hope Community Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Vision Hope Community Development Corporation Inc demonstrates fluctuating financial health over the past decade. While the organization reported a positive net income in 2023 ($230,543 revenue vs. $145,347 expenses), it experienced significant deficits in prior years, such as 2022 ($69,518 revenue vs. $146,985 expenses) and 2019 ($85,338 revenue vs. $124,820 expenses). The organization's assets have also shown considerable variability, from a high of $188,967 in 2014 to a low of $47,596 in 2022, before recovering to $132,904 in 2023. This indicates an inconsistent financial base, which could impact long-term stability and program delivery.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this specific area. The presence of liabilities in 2023 ($112) after several years of zero liabilities also warrants closer examination to understand their nature and impact on financial health. 

In terms of transparency, the organization has a consistent filing history with 13 filings, which is a positive indicator. However, the lack of detailed expense categories in the provided data limits a comprehensive assessment of how funds are allocated. The absence of officer compensation is a strong point for transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vision Hope Community Development Corporation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Vision Hope Community Development Corporation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is highly unusual for an organization of its size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Vision Hope Community Development Corporation Inc's IRS 990 filings:

Highly inconsistent revenue and expense patterns, indicating potential instability.
Significant deficits in multiple years (e.g., 2022, 2019), raising questions about financial sustainability.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, limiting efficiency analysis.

Strengths

The following positive indicators were identified for Vision Hope Community Development Corporation Inc:

Consistent filing history with 13 filings, indicating good compliance.
0% officer compensation reported across all years, suggesting a commitment to minimizing executive overhead.
Positive net income in the latest reported period (2023), showing a recent financial recovery.

Frequently Asked Questions about Vision Hope Community Development Corporation Inc

What are the specific program activities Vision Hope Community Development Corporation Inc undertakes?

The provided data does not detail specific program activities, only financial summaries. Further investigation into their mission statement and annual reports would be necessary.

Why does the organization's revenue and expenses fluctuate so significantly year-to-year?

The reasons for the significant fluctuations are not apparent from the summary data. It could be due to grant cycles, specific project funding, or varying fundraising success. A deeper dive into their financial statements would be required.

How does Vision Hope Community Development Corporation Inc manage to operate without paying officer compensation?

The consistent 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation, or that the organization is very small and early-stage. This is a notable operational model.

What caused the increase in liabilities to $112 in 2023 after several years of zero liabilities?

The nature of the $112 liability in 2023 is not specified in the provided data. It could be a minor accrued expense or a short-term payable. While small, it marks a change from previous years.

Filing History

IRS 990 filing history for Vision Hope Community Development Corporation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Vision Hope Community Development Corporation Inc's revenue has grown by 32%, moving from $175K to $231K. Total assets increased by 28.4% over the same period, from $104K to $133K. Total functional expenses rose by 18.4%, from $123K to $145K. In its most recent filing year (2023), Vision Hope Community Development Corporation Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $112 in liabilities against $133K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $133K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$231K	$145K	$133K	$112	—	View 990
2022	$70K	$147K	$48K	$0	—	View 990
2021	$143K	$111K	$125K	$0	—	View 990
2020	$62K	$23K	$93K	$0	—	View 990
2019	$85K	$125K	$54K	$0	—	View 990
2018	$153K	$119K	$94K	$0	—	View 990
2017	$138K	$141K	$60K	$0	—	View 990
2016	$89K	$126K	$64K	$422	—	View 990
2015	$56K	$144K	$101K	$337	—	View 990
2014	$165K	$136K	$189K	$348	—	View 990
2013	$178K	$118K	$162K	$3K	—	View 990
2012	$124K	$122K	$100K	$1K	—	View 990
2011	$175K	$123K	$104K	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $231K, expenses of $145K, and assets of $133K (revenue +231.6% year-over-year).
2022: Revenue of $70K, expenses of $147K, and assets of $48K (revenue -51.5% year-over-year).
2021: Revenue of $143K, expenses of $111K, and assets of $125K (revenue +132.4% year-over-year).
2020: Revenue of $62K, expenses of $23K, and assets of $93K (revenue -27.7% year-over-year).
2019: Revenue of $85K, expenses of $125K, and assets of $54K (revenue -44.2% year-over-year).
2018: Revenue of $153K, expenses of $119K, and assets of $94K (revenue +10.9% year-over-year).
2017: Revenue of $138K, expenses of $141K, and assets of $60K (revenue +54.8% year-over-year).
2016: Revenue of $89K, expenses of $126K, and assets of $64K (revenue +58.3% year-over-year).
2015: Revenue of $56K, expenses of $144K, and assets of $101K (revenue -66.0% year-over-year).
2014: Revenue of $165K, expenses of $136K, and assets of $189K (revenue -6.9% year-over-year).
2013: Revenue of $178K, expenses of $118K, and assets of $162K (revenue +43.7% year-over-year).
2012: Revenue of $124K, expenses of $122K, and assets of $100K (revenue -29.2% year-over-year).
2011: Revenue of $175K, expenses of $123K, and assets of $104K.

Data Sources and Methodology

This transparency report for Vision Hope Community Development Corporation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.