BETHANY COMMUNITY SERVICES INC

EIN: 237013464 501(c)(3) Housing & Shelter

HAVERHILL, MA

Total Revenue
$6,540,129
Total Expenses
$7,090,986
Total Assets
$58,322,379
Net Assets
$12,726,316
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MA
Principal Officer
JERED STEWART
Phone
9783742160
Tax Period
2023-01-01 to 2023-12-31

BETHANY COMMUNITY SERVICES INC, founded in 1965, is a community nonprofit in the Housing & Shelter sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

PROVIDE SERVICES TO THE ELDERLY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $244,340
Program Service Revenue $5,876,689
Investment Income $413,516
Other Revenue $5,584
TOTAL REVENUE $6,540,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,978,073
Fundraising Expenses $90,454
Program Expenses $5,747,865
Other Expenses $5,112,913
TOTAL EXPENSES $7,090,986

Year-over-Year Comparison

2023 2022 Change
Revenue $6,540,129 $3,315,011 +1.0%
Expenses $7,090,986 $2,428,225 +1.9%
Net Income $-550,857 $886,786 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
88
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATIE VOZEOLAS CHAIR 0.50
Officer Director
$0 $0 $0
JOHN DEBAUN TREASURER 0.50
Officer Director
$0 $0 $0
BRIAN FARMER CLERK 0.50
Officer Director
$0 $0 $0
PAUL JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN CORCORAN DIRECTOR 0.50
Director
$0 $0 $0
CANDY BROWER DIRECTOR 0.50
Director
$0 $0 $0
DIANE SHIKRALLAH DIRECTOR 0.50
Director
$0 $0 $0
THOMAS FAULKNER DIRECTOR 0.50
Director
$0 $0 $0
JIM TRAVER DIRECTOR 0.50
Director
$0 $0 $0
PAUL MAGLIOCCHETTI DIRECTOR 0.50
Director
$0 $0 $0
BILL LALIBERTY DIRECTOR 0.50
Director
$0 $0 $0
ALLISON HEARTQUIST DIRECTOR 0.50
Director
$0 $0 $0
MEGAN SHEA DIRECTOR 0.50
Director
$0 $0 $0
JERED STEWART PRESIDENT AND CEO 35.00
Highest
$270,228 $41,099 $311,327
JAMES LYNCH CFO 35.00
Highest
$125,376 $46,002 $202,722
LUKE MALBON SUPERINTENDENT 35.00
Highest
$117,917 $23,317 $141,234
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $6,540,129 $7,090,986 $58,322,379 $-550,857
2022 $3,315,011 $2,428,225 $45,392,921 $886,786
2021 $11,977,619 $2,375,975 $33,080,393 $9,601,644
2020 $2,220,881 $2,068,807 $3,674,362 $152,074
2019 $2,073,205 $2,022,267 $2,855,952 $50,938
2018 $2,219,119 $2,091,284 $2,760,877 $127,835
2018 $1,951,075 $2,049,908 $2,479,954 $-98,833
2017 $1,954,145 $1,856,581 $2,586,426 $97,564
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BETHANY COMMUNITY SERVICES INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.