Overview

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Est.

1980

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Thresholds Housing Inc is a nonprofit organization dedicated to providing specialized housing facilities and services for individuals recovering from severe and persistent mental illness. With an operating budget of $190.8K and total revenue of $173.6K for the 2024 filing year, the organization focuses on meeting the physical, social, and psychological needs of its clients. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.thresholds.org.

Mission Statement

TO PROVIDE HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF INDIVIDUALS FACING THE CHALLENGE OF RECOVERY FROM SEVERE AND PERSISTENT MENTAL ILLNESS.
Revenues
$173.6K
Expenses
$190.8K
Net Income:
-$17.2K
Assets
$677K
Liabilities
$569.8K
Net Assets:
+$107.2K
Operating Budget
$190.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$24.8K
Largest grant received
$48.5K
C
Charlie Hymen
Board Member
S
Satyender Goel PHD
Board Member
M
Megan Greer
Board Member

Frequently Asked Questions

What is THRESHOLDS HOUSING INC’s budget?
In 2024, THRESHOLDS HOUSING INC reported an annual operating budget of around $191 thousand. More detailed financial information is available to registered users.
What causes does THRESHOLDS HOUSING INC support?
THRESHOLDS HOUSING INC supports work in Residential mental health care.
Where does THRESHOLDS HOUSING INC operate?
THRESHOLDS HOUSING INC is headquartered in CHICAGO, IL.
Who funded THRESHOLDS HOUSING INC recently?
In 2022, THRESHOLDS HOUSING INC received grants from UNITED WAY OF METROPOLITAN CHICAGO INC, The Bank of America Charitable Foundation Inc, and UNITED WAY OF METROPOLITAN CHICAGO INC. More information on this organization’s funders is available to registered users.
What is the largest grant THRESHOLDS HOUSING INC received in 2022?
The largest grant to THRESHOLDS HOUSING INC in 2022 exceeds $49 thousand.