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Filing year 2024

BEACON OF HOPE MINISTRIES INC

Fort Dodge, Iowa·EIN 01-0953997·NTEE L41 · Housing & Shelter·501(c)(3)
Total revenue
$670k
Total assets
$1.2M
Total expenses
$720k
Reported officers
10
Mission

USE CHRIST-CENTERED FAITH TO ELIMINATE HOMELESSNESS WHILE OFFERING SHELTER, CLOTHING, FOOD AND TEMPORARY ASSISTANCE TO ADULT MEN.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Director
Director (Operational)
25th percentile to median
$56k
$60k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BEACON OF HOPE MINISTRIES INC equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
8%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $56k in 2023 to $56k in 2024.

$56k
2023
$56k
2024
In today's dollarsEst.
Down 3% in real terms$62k to $60k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay held roughly steady from 2023 to 2024, while revenue fell 11%.

$56k in 2023 to $56k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BEACON OF HOPE MINISTRIES INC

What does the Director (Operational) of BEACON OF HOPE MINISTRIES INC earn?

In 2024, the Director (Operational) of BEACON OF HOPE MINISTRIES INC received $56,111 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among Housing & Shelter organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at BEACON OF HOPE MINISTRIES INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Director (Operational) at BEACON OF HOPE MINISTRIES INC falls between the 25th percentile and the median. In 2024, the highest total compensation at BEACON OF HOPE MINISTRIES INC equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are BEACON OF HOPE MINISTRIES INC's revenue and expenses?

In 2024, BEACON OF HOPE MINISTRIES INC reported $670k in total revenue and $720k in total expenses on its IRS Form 990.

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