BHI FOUNDATION INC

EIN: 351680796 501(c)(3) Housing & Shelter

INDIANAPOLIS, IN

Total Revenue
$488,933
Total Expenses
$986,070
Total Assets
$7,208,545
Net Assets
$6,992,870
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IN
Principal Officer
ROGER E WEIDEMAN II
Phone
3178733371
Tax Period
2023-01-01 to 2023-12-31

BHI FOUNDATION INC, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $489K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $986K exceeded revenue, resulting in a 102% operating deficit.

Mission

TO SUPPORT BHI SENIOR LIVING, INC., A SECTION 501(C)3 ORGANIZATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $255,711
Program Service Revenue $0
Investment Income $240,521
Other Revenue $-7,299
TOTAL REVENUE $488,933

Expense Breakdown

Grants Paid $574,451
Salaries & Benefits $61,860
Fundraising Expenses $362,119
Program Expenses $574,451
Other Expenses $349,759
TOTAL EXPENSES $986,070

Year-over-Year Comparison

2023 2022 Change
Revenue $488,933 $748,448 -0.3%
Expenses $986,070 $863,011 +0.1%
Net Income $-497,137 $-114,563 +3.3%
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
15
Independent Members
13
Employees
N/A
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
6
$857,567
Total Directors
15
$857,567
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN S DATTILO DIRECTOR & PRESIDENT/CEO 2.00
Officer Director
$0 $47,926 $452,740
ROGER E WEIDEMAN II DIRECTOR & SENIOR VP AND CFO 2.00
Officer Director
$0 $46,241 $404,827
JERRY MEREDITH DIRECTOR & TREASURER 2.00
Officer Director
$0 $0 $0
WENDY L MEREDITH DIRECTOR & SECRETARY 2.00
Officer Director
$0 $0 $0
JANE A RICHARDSON DIRECTOR & VICE-CHAIRPERSON 2.00
Officer Director
$0 $0 $0
JANE A SEIGEL DIRECTOR & CHAIRPERSON 2.00
Officer Director
$0 $0 $0
JEFFREY W CALDWELL DIRECTOR 2.00
Director
$0 $0 $0
DEXTER COOLEY DIRECTOR 2.00
Director
$0 $0 $0
BRIAN R ELLIS DIRECTOR 2.00
Director
$0 $0 $0
L DEAN JONES DIRECTOR 2.00
Director
$0 $0 $0
BETH KELLY DIRECTOR 2.00
Director
$0 $0 $0
ROGER D MILLER DIRECTOR 2.00
Director
$0 $0 $0
FRED ROBBINS DIRECTOR 2.00
Director
$0 $0 $0
JEFFREY A TERP DIRECTOR 2.00
Director
$0 $0 $0
JOHN BLOOMSTROM DIRECTOR 2.00
Director
$0 $0 $0
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 $488,933 $986,070 $7,208,545 $-497,137
2022 $748,448 $863,011 $6,748,777 $-114,563
2021 $696,583 $817,990 $8,620,000 $-121,407
2020 $745,310 $807,096 $7,977,493 $-61,786
2019 $614,455 $791,788 $7,726,117 $-177,333
2018 $596,961 $813,610 $7,007,395 $-216,649
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