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Nonprofit · EIN 59-3129752

THE HOPE FOR FAMILIES CENTER INC

Tax-exempt · VERO BEACH, FL 32962

Financials

$4.3M$1.2M2022$2.3M$1.4M2023$2.9M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of THE HOPE FOR FAMILIES CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,881,486$1,361,283$1,520,203$10,107,635$805,056$9,302,579
June 30, 2024990$2,262,930$1,377,020$885,910$7,651,882$34,400$7,617,482
June 30, 2023990$4,269,277$1,246,809$3,022,468$6,659,603$33,573$6,626,030
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,102,244
Program service revenue
$11,605
Investment income
-$228,892
Net gain from sales of assets
-$310,591
Net income from fundraising events
-$3,471
Other revenue
-$3,471

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$113,803
Other salaries and wages
$693,586
Salaries, compensation and benefits (total)
$917,669
Professional fundraising fees
$0
Occupancy
$26,889
Travel
$6,512
Depreciation
$66,697
Program services (functional)
$981,509
Management and general (functional)
$233,772
Fundraising (functional)
$146,002

Balance sheet and other

Total assets, start of year
$7,651,882
Total assets, end of year
$10,107,635
Total liabilities, end of year
$805,056
Net assets, end of year
$9,302,579
Land, buildings and equipment
$954,538
Publicly traded securities
$3,088,619
Net assets without donor restrictions
$7,123,301
Net assets with donor restrictions
$2,179,278
Gross receipts
$3,262,803
Employees
35
Volunteers
0
Year formed
1991
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARET MERCADOEXECUTIVE DIRECTOR
Highest-paid employee
40$113,803
CHARLES CUNNINGHAMPRESIDENT
Trustee or director, Officer
1$0
SANDRA DIVINEVICE PRESIDENT
Trustee or director, Officer
1$0
BRUCE ALBROTREASURER
Trustee or director, Officer
1$0
WILLIAM SCHMITTDIRECTOR
Trustee or director
1$0
RICHARD TOMPKINS MDDIRECTOR
Trustee or director
1$0
DAVID JOHNSONDIRECTOR
Trustee or director
1$0
MILLIE YOUNGDIRECTOR
Trustee or director
1$0
DAN DOWNEYDIRECTOR
Trustee or director
1$0
SCOTT COXDIRECTOR
Trustee or director
1$0
ANITA SALZBERGDIRECTOR
Trustee or director
1$0
ALPHONSO DIAZDIRECTOR
Trustee or director
1$0
GEORGE COLLINSSECRETARY
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensation
CHARLES CUNNINGHAMPRESIDENT
Trustee or director, Officer
0$0
SANDRA DIVINEVICE PRESIDENT
Trustee or director, Officer
0$0
BRUCE ALBROTREASURER
Trustee or director, Officer
0$0
WILLIAM SCHMITTDIRECTOR
Trustee or director
0$0
RICHARD TOMPKINSDIRECTOR
Trustee or director
0$0
DAVID JOHNSONDIRECTOR
Trustee or director
0$0
MILLIE YOUNGDIRECTOR
Trustee or director
0$0
DAN DOWNEYDIRECTOR
Trustee or director
0$0
SCOTT COXDIRECTOR
Trustee or director
0$0
ANITA SALZBERGDIRECTOR
Trustee or director
0$0
ALPHONSO DIAZDIRECTOR
Trustee or director
0$0
GEORGE COLLINSSECRETARY
Trustee or director, Officer
0$0
MELISSA WEAVERDIRECTOR
Trustee or director
0$0
KEVIN MADDENDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
CHARLES CUNNINGHAMPRESIDENT
Trustee or director, Officer
–$0
SANDRA DIVINEVICE PRESIDE
Trustee or director, Officer
–$0
BRUCE ALBROTREASURER
Trustee or director, Officer
–$0
GEORGE COLLINSSECRETARY
Trustee or director, Officer
–$0
KEVIN MADDENDIRECTOR
Trustee or director
–$0
DR RICHARD TOMPKINSDIRECTOR
Trustee or director
–$0
MILLIE YOUNGDIRECTOR
Trustee or director
–$0
DAVID JOHNSONDIRECTOR
Trustee or director
–$0
WILLIAM SCHMITTDIRECTOR
Trustee or director
–$0
MELISSA WEAVERDIRECTOR
Trustee or director
–$0
MARGARET MERCADOEXCEUTIVE DI
Officer
–$0

Address and contacts

Address (IRS master file)
720 4TH ST, VERO BEACH, FL 32962-2923
Principal officer (990 for 2024)
BRUCE ALBRO, 720 4TH STREET, VERO BEACH, FL 32962
Signed the 990
BRUCE ALBRO, TREASURER
Phone
(772) 567-5537
Return prepared by
OFFUTT BARTON SCHLITT LLC

Mission

TO PROVIDE OPPORTUNITIES FOR HOMELESS FAMILIES TO END HOMELESSNESS BY ACHIEVING SELF-SUFFICIENCY THROUGH EDUCATION, LIVING WAGES, AND PERMANENT HOUSING.

990 for the year ended June 30, 2025

Program accomplishments

  • THE HOPE FOR FAMILIES CENTER PROVIDES LONG TERM TRANSITIONAL HOUSING FOR HOMELESS FAMILIES ON THE TREASURE COAST. THE HOPE FOR FAMILIES CENTER FOCUSES ON EDUCATION, JOB TRAINING, AND LIFE SKILLS NEEDED FOR SELF SUFFICIENCY.
    Expenses $981,509 · revenue $11,605
  • N/A
  • N/A

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-3129752
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20Z)
Assets (IRS master file)
$10,107,635
Income (IRS master file)
$3,262,803

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,881,486$1,361,283$10,107,635XML
990June 2024$2,262,930$1,377,020$7,651,882XML
990June 2023$4,269,277$1,246,809$6,659,603XML
990June 2022$1,540,715$1,134,310$3,590,140IRS
990June 2021–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-3129752).

Questions about THE HOPE FOR FAMILIES CENTER INC

What is the EIN of THE HOPE FOR FAMILIES CENTER INC?
The employer identification number (EIN) of THE HOPE FOR FAMILIES CENTER INC is 59-3129752.
Is THE HOPE FOR FAMILIES CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to THE HOPE FOR FAMILIES CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE HOPE FOR FAMILIES CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE HOPE FOR FAMILIES CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE HOPE FOR FAMILIES CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE HOPE FOR FAMILIES CENTER INC?
The 990 for the year ended June 30, 2025 names BRUCE ALBRO.
Who are the officers and directors of THE HOPE FOR FAMILIES CENTER INC?
The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $113,803 (MARGARET MERCADO, EXECUTIVE DIRECTOR).
How much revenue does THE HOPE FOR FAMILIES CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,881,486, expenses of $1,361,283 and total assets of $10,107,635 at year end.

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