BETHESDA HOUSE OF SCHENECTADY INC

EIN: 311645415 501(c)(3) Human Services

SCHENECTADY, NY

Total Revenue
$4,335,462
Total Expenses
$4,567,560
Total Assets
$11,876,754
Net Assets
$10,888,626
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
RICHARD WERNER
Phone
5183747873
Tax Period
2024-07-01 to 2025-06-30

BETHESDA HOUSE OF SCHENECTADY INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $4.3M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Net assets of $10.9M represent 30 months of operating reserves.

Mission

WE ARE AN INTERFAITH MINISTRY TO THE HOMELESS, DISABLED AND ECONOMICALLY DISADVANTAGED CITIZENS OF SCHENECTADY COUNTY, BUILDING A JUST, HOSPITABLE AND INCLUSIVE COMMUNITY ONE PERSON AT A TIME BY AFFIRMING THE DIGNITY AND ADDRESSING THE NEEDS OF EACH GUEST ENTERING THIS HOUSE OF MERCY. PROGRAMS INCLUDE A HOSPITALITY CENTER, EMERGENCY/CRISIS ASSISTANCE, HOUSING CASE MANAGEMENT, REPRESENTATIVE PAYEE FINANCIAL MANAGEMENT PROGRAM, WOMEN'S SUPPORT GROUP,THE LIGHTHOUSE, AND LIBERTY APARTMENTS. ADDITIONAL PROGRAMS ARE SOCIAL WORK, MEDICAL CARE, PSYCHIATRIC NURSE PRACTITIONER, AND HEALTH HOME.

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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 $3,871,688
Program Service Revenue $241,297
Investment Income $387
Other Revenue $222,090
TOTAL REVENUE $4,335,462

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,751,582
Fundraising Expenses $195,962
Program Expenses $3,740,008
Other Expenses $1,815,978
TOTAL EXPENSES $4,567,560

Year-over-Year Comparison

2024 2023 Change
Revenue $4,335,462 $6,475,163 -0.3%
Expenses $4,567,560 $4,450,205 +0.0%
Net Income $-232,098 $2,024,958 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
8
Independent Members
8
Employees
50
Volunteers
20

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
5
$163,222
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVENA PRESSRAM DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER ESLICK DIRECTOR 1.00
Director
$0 $0 $0
JAMES MARRANO DIRECTOR 1.00
Director
$0 $0 $0
SHERRY SOOKRAM DIRECTOR 1.00
Director
$0 $0 $0
RICHARD WERNER PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERT MICHAELS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MINEKE ETIENNE SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD MAUSERT TREASURER 1.00
Officer Director
$0 $0 $0
KIMARIE SHEPPARD EXECUTIVE DIRECTOR 40.00
Officer
$150,216 $13,006 $163,222
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 $4,335,462 $4,567,560 $11,876,754 $-232,098
2024 $6,475,163 $4,450,205 $12,148,220 $2,024,958
2023 $8,722,263 $3,799,060 $11,802,815 $4,923,203
2022 $3,746,768 $3,048,554 $4,915,272 $698,214
2021 $3,027,583 $2,518,985 $4,349,519 $508,598
2020 $2,878,813 $2,864,696 $3,544,720 $14,117
2019 $2,621,193 $2,742,482 $3,662,558 $-121,289
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