Program areas at Hope and A Future Iii
Hope & A Future currently operates A licensed adult family home (afh) that provides care to older adults with A wide variety of diagnoses. Our pioneering model includes A live-in registered nurse and occupational therapist as well as hands on care givers who receive room and board in exchange for helping with evening and weekend hours. This model overcomes the caregiver crisis and gives seniors A stable staff while also providing low-income wage earners A stable home in the context of A family of friends. Our afh is home to senior residents, staff, and sometimes the staff's children. Staff and residents enjoy goal-directed living and the support of each other. The health of older adults improves even in the face of advancing disease and dementia. Residents flourish together. And when the end of life comes, we work with hospice allowing residents to remain with their family of friends. While Hope & A Future normally enjoys robust interaction with community volunteers, the pandemic brought an abrupt halt to many of our regular events and community volunteer opportunities. We navigated community involvement and some volunteer activities virtually. Family and loved ones also utilized phones, technology and our visiting "bubble" which is A room within A room with A visiting window. In the spring of 2022, we dismantled the bubble and created comfortable outdoor visiting spaces. We also hosted outdoor volunteer and music events and began to enjoy more events with family members onsite. We have continued to work virtually on our expansion. Our goal to move forward with our pioneering tiin model continues. In 2021 we identified A model that received the go ahead from governing authorities. We are currently engaged in planning for an expansion of housing and services.we have contracts with our expansion team including architects and engineers. Our current development consultant is working pro-bono and we have A volunteer fundraising committee established. It was determined we needed to annex from the town of middleton into the city of madison to move forward. This process delayed our timeline but we are in the midst of working with governing bodies and moving toward annexation and zoning. Fundraising efforts will resume following zoning designation. Our goal is to break ground in 2024.
Who funds Hope and A Future Iii
Grants from foundations and other nonprofits
Personnel at Hope and A Future Iii
Name | Title | Compensation | Date of data |
---|
Karin Krause | Executive Director | $46,294 | 2023-05-09 |
Paula Reif | Vice President | $12,696 | 2022-12-31 |
Jean Collins | Secretary | $0 | 2022-12-31 |
Derek Kraemer | Secretary and Treasurer | $0 | 2022-12-31 |
Mark Barnard | President | $0 | 2022-12-31 |
...and 4 more key personnel |
Financials for Hope and A Future Iii
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $188,348 | $88,351 | 113.2% |
Program services | $281,588 | $253,835 | 10.9% |
Investment income and dividends | $267 | $1,462 | -81.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $1,046 | -100% |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $344 | $3,375 | -89.8% |
Total revenues | $470,547 | $348,069 | 35.2% |
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Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 25, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Housing and shelter organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 1115 S High Point Rd
- Madison, WI 53719
- Metro area
- Madison, WI
- Website URL
- hopeandafutureinc.org/Â
- Phone
- (608) 831-0243
IRS details
- EIN
- 27-1019237
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2009
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62331: Assisted Living and Continuing Care Retirement Communities
- Parent/child status
- Independent
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