Bethany House Services Inc

EIN: 311101401 501(c)(3) Housing & Shelter

Cincinnati, OH

Total Revenue
$12,428,881
Total Expenses
$10,599,455
Total Assets
$35,648,829
Net Assets
$22,335,500
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
OH
Principal Officer
Margaret Dierkers
Phone
5139211131
Tax Period
2024-01-01 to 2024-12-31

Bethany House Services Inc, founded in 1983, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.4M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $10.6M left a modest 15% surplus.

Mission

Bethany House Services empowers homeless and at-risk families with the solutions to achieve housing stability and long-term self-sufficiency.

Program Service Accomplishments

Program 1
Expenses: $2,461,724 Revenue: $293,819

Bethany House provides emergency shelter for families experiencing homelessness those living on the streets, in their cars, or other places considered unfit for human habitation. Shelter services...

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Bethany House provides emergency shelter for families experiencing homelessness those living on the streets, in their cars, or other places considered unfit for human habitation. Shelter services include safety, meals, case management, life skills classes, children's programming, mental health assessment and connections with community service providers. Bethany House strives to meet not only the immediate physical needs of every family member while they are in shelter, but also to provide the family unit with the skills, knowledge and support needed to establish a stable home. Each family works with a social worker who supports them through identifying their needs and barriers, then provides connections to appropriate community resources. All staff are trained in trauma informed care, considered best practice by Substance Abuse and Mental Health Services Administration (SAMHSA)and the National Stabilization on Family Homelessness. Trauma-informed care promotes a culture of safety, empowerment, and healing. Children's programming provides group sessions; assisting with enrollment in childcare or school; developmental assessments for children under 5.5 yrs.; socialization outings into the community; referrals for mental and physical health issues. Families who have exited from shelter are followed and provided with post-shelter stabilization services as needed to avoid repeated episodes of homelessness.In 2024, 274 families received comprehensive shelter services: 1050 individuals, 689 of whom were under the age of 18. Outcomes remained very good despite the challenges presented with increased rental rates and shortage of affordable housing; 93% of the families who exited from shelter during the year moved into a positive housing situation; 51% of families who exited did so with increased or maintained income.

Program 2
Expenses: $5,168,968

Bethany House offers two types of Housing Stabilization programs. Housing Stabilization includes a combination of Rehousing upon exiting shelter and Prevention to help maintain housing and avoid...

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Bethany House offers two types of Housing Stabilization programs. Housing Stabilization includes a combination of Rehousing upon exiting shelter and Prevention to help maintain housing and avoid homelessness.Rehousing programs are funded by the local HUD Unified Funding Agency and includes:Rapid Rehousing - This programs provides case management to assist families in identifying appropriate affordable housing as quickly as possible to minimize the trauma of the homelessness experience. Housing social workers guide the parent through a process of recognizing and overcoming their barriers to obtaining housing, connect them to mainstream benefits, identify ways to increase income, provide referrals to community mental health and other service providers, and stabilize the family in housing. The program includes short-to-medium term financial assistance to utility assistance payments and rental deposits. Children in high-risk families are followed by housing case managers to ensure they are enrolled and attending school. Permanent supportive housing - programs are available to homeless families when at least one member has a permanent disability or serious, persistent condition. Permanent supportive housing is a combination of housing and services intended as a cost-effective way to help all people live more stable, productive lives. Case management services are more intensive in this program to meet the greater needs of the families and although rapid rehousing program assistance is time-limited, permanent supportive case management and financial assistance services are not. In 2024, BHS served 259 families, 943 individuals, and 621 of them children across all rehousing programs.Prevention programming is funded through federal, state, local, and private funding and includes:Shelter Diversion identifies immediate permanent housing and provides case management and rental assistance for families at imminent risk of homelessness. Shelter Diversion is more cost-effective than entering an Emergency Shelter, plus the family avoids the trauma of homelessness. In 2024, BHS served 89 families, 240 individuals, and 143 of them children. KEYS is a different shelter diversion program for youth age 18-24. BHS works with parenting youth as our specialty in the national youth homelessness project, working with individuals in the age range who are often doubled up and at risk of becoming fully homelessness if not for our intervention toward housing stabilization and increased income. In 2024, BHS served 20 families, 48 individuals, and 27 of them children.Aftercare provides a safety net for families who have left shelter but experience an emergency situation that threatens their housing stability. No matter how long it has been since the family experienced homelessness, Aftercare provides landlord mediation, emergency financial assistance, connections to relevant community agencies - whatever it takes for the family to keep their home and prevent another episode of homelessness. In 2024, BHS served 89 families, 359 individuals, 252 of them children.In 2024 BHS Housing Stabilization programs combined served, 457 families. These families included 1,582 individuals, 1,030 of whom were children.

Program 3
Expenses: $848,021

Bethany House Family Services Department programs address the multi-generational aspect of family homelessness by providing parents with the life skills for positive parenting and by teaching...

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Bethany House Family Services Department programs address the multi-generational aspect of family homelessness by providing parents with the life skills for positive parenting and by teaching children to make healthy choices.The Positive Parenting, Family Nights, Nutrition, Health, and Safety programs are some of the activities facilitated by the Family Services department or community partners, and are designed to promote stronger relationships in addition to the core content. Bethany House staff emphasize the importance of education and regular school attendance, which is vital if the multi-generational cycle of poverty and homelessness is to be broken. In 2024, 164 therapeutic groups held in Kidz Zone; 216 children were identified as special needs and 55 were diagnosed dual diagnosis; 807 referrals including 4C for Children, JFS for Childcare, Safe Keep/Pack & Play, CAA Headstart Homes based program, Cradle Cincinnati, Every Child Succeeds/Help Grow, Sweet Cheeks Diaper Bank, and Kaleidoscope-Co Stars to mention a few; and 23 outing with 331 combined parent and child participants.In combination with one-on-one case management support, Life Skills group programs provide a foundation for prevention of future episodes of homelessness. These educational sessions are taught by experts from the community and BHS staff. Speakers address topics such as financial literacy, budgeting, parenting, developing healthy relationships, healthy choices, nutrition, yoga and tenants' rights. Job-related skills such as resume writing and interviewing are also taught. In 2024, 839 life skills groups were held.Through the nutrition program, families are provided three meals and two snacks per day.

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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 $11,822,746
Program Service Revenue $293,819
Investment Income $312,623
Other Revenue $-307
TOTAL REVENUE $12,428,881

Expense Breakdown

Grants Paid $3,645,833
Salaries & Benefits $3,753,660
Fundraising Expenses $699,482
Program Expenses $8,699,660
Other Expenses $3,199,962
TOTAL EXPENSES $10,599,455

Year-over-Year Comparison

2024 2023 Change
Revenue $12,428,881 $10,149,106 +0.2%
Expenses $10,599,455 $9,081,909 +0.2%
Net Income $1,829,426 $1,067,197 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
97
Volunteers
266

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
4
$282,638
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vincent D Boddy Trustee 1.00
Director
$0 $0 $0
Sr Lynn Heper SC Trustee - Exit 04/24 1.00
Director
$0 $0 $0
Ross A Crawford Trustee 1.00
Director
$0 $0 $0
Robie K Suggs Trustee 1.00
Director
$0 $0 $0
Peg Moertl Trustee 1.00
Director
$0 $0 $0
Pamela A Webb Trustee 1.00
Director
$0 $0 $0
Nahamani Yisrael Trustee 1.00
Director
$0 $0 $0
Megan J McCuen Trustee - Exit 08/24 1.00
Director
$0 $0 $0
Lucy A Crane Trustee - Exit 04/24 1.00
Director
$0 $0 $0
Gregory W Olson Trustee - Exit 10/24 1.00
Director
$0 $0 $0
Gina L Bannister Trustee 1.00
Director
$0 $0 $0
David L Tramontana Trustee 1.00
Director
$0 $0 $0
Darin C Hall Trustee - Exit 04/24 1.00
Director
$0 $0 $0
Cornelious A Chambliss Trustee 1.00
Director
$0 $0 $0
Charles Thomas Trustee 1.00
Director
$0 $0 $0
Catherine A Kitchin Trustee 1.00
Director
$0 $0 $0
Carolyn K Washburn President 1.00
Officer Director
$0 $0 $0
Albert C Smitherman Trustee - Exit 04/24 1.00
Director
$0 $0 $0
Tom Wiandt Treasurer 1.00
Officer Director
$0 $0 $0
Steven Stefanuou Trustee 1.00
Director
$0 $0 $0
Erica Parker Trustee 1.00
Director
$0 $0 $0
Laura Lewis Trustee 1.00
Director
$0 $0 $0
Thomas Leugers Trustee 1.00
Director
$0 $0 $0
Tom Mahoney Trustee - Started 11/24 1.00
Director
$0 $0 $0
Blake Must Trustee - Started 11/24 1.00
Director
$0 $0 $0
Margaret Dierkers COO 40.00
Officer
$148,910 $4,744 $153,654
Crystal Holliday CFO 40.00
Officer
$109,530 $19,454 $128,984
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 $12,428,881 $10,599,455 $35,648,829 $1,829,426
2023 $10,149,106 $9,081,909 $33,579,739 $1,067,197
2022 $11,442,114 $8,391,053 $36,505,209 $3,051,061
2021 $10,582,813 $7,364,940 $21,282,527 $3,217,873
2020 $13,927,773 $6,774,953 $13,753,096 $7,152,820
2019 $7,383,881 $5,576,643 $6,597,364 $1,807,238
2018 $4,809,740 $4,595,952 $4,359,490 $213,788
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