Terre Haute Catholic Charities Foodbank Inc

EIN: 311074018 501(c)(3) Food, Agriculture & Nutrition

Terre Haute, IN

Total Revenue
$1,795,650
Total Expenses
$2,155,511
Total Assets
$3,888,620
Net Assets
$3,866,332
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
IN
Phone
8122321447
Tax Period
2024-07-01 to 2025-06-30

Terre Haute Catholic Charities Foodbank Inc, founded in 1983, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 20% operating deficit.

Mission

The mission of the Terre Haute Catholic Charities Foodbank is to feed the hungry in Clay, Greene, Knox, Parke, Sullivan, Vermillion and Vigo counties through a network of emergency food distribution member agencies and engage our community in the fight to end hunger.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,197,480
Program Service Revenue $568,918
Investment Income $3,991
Other Revenue $25,261
TOTAL REVENUE $1,795,650

Expense Breakdown

Grants Paid $2,260
Salaries & Benefits $878,999
Fundraising Expenses $300,769
Program Expenses $1,705,345
Other Expenses $1,274,252
TOTAL EXPENSES $2,155,511

Year-over-Year Comparison

2024 2023 Change
Revenue $1,795,650 $2,565,818 -0.3%
Expenses $2,155,511 $1,939,522 +0.1%
Net Income $-359,861 $626,296 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
109

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
7
$349,106
Total Directors
13
$149,267
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bethuram Executive Director 2.0
Officer Director
$0 $17,795 $149,267
DCN Brad Anderson Board Vice President 2.0
Officer Director
$0 $0 $0
Mark Sullivan Board President 2.0
Officer Director
$0 $0 $0
Nicole Lalor Board Treasurer 2.0
Officer Director
$0 $0 $0
Tom Hirschauer Board Secretary 2.0
Officer Director
$0 $0 $0
Alan Bercovitz Board Member 1.0
Director
$0 $0 $0
Carrie Hagovsky Board Member 1.0
Director
$0 $0 $0
Jake Stamper Board Member 1.0
Director
$0 $0 $0
Judy Colby Board Member 1.0
Director
$0 $0 $0
Mercy Obeime Board Member 1.0
Director
$0 $0 $0
Patrick Jerrell Board Member 1.0
Director
$0 $0 $0
Sidney Eisgruber Board Member 1.0
Director
$0 $0 $0
William Spangler Board Member 1.0
Director
$0 $0 $0
Brian Burkert Treasurer 2.0
Officer
$0 $34,815 $171,829
MSGR William Stumpf Vice President 2.0
Officer
$0 $1,200 $28,010
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
2025 $1,795,650 $2,155,511 $3,888,620 $-359,861
2024 $2,565,818 $1,939,522 $4,206,405 $626,296
2023 $2,157,024 $1,888,104 $3,568,922 $268,920
2022 $1,507,845 $1,540,545 $3,726,498 $-32,700
2021 $2,102,492 $1,560,862 $3,392,926 $541,630
2020 $1,462,075 $1,153,590 $2,706,408 $308,485
2019 $887,499 $647,364 $2,419,810 $240,135
2018 $862,918 $861,936 $2,205,723 $982
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