Human Resources Development Institute Inc

EIN: 362894887 501(c)(3) Human Services

Chicago, IL

Total Revenue
$21,379,027
Total Expenses
$19,552,613
Total Assets
$17,317,692
Net Assets
$13,889,450
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
IL
Principal Officer
Wendy Thompson
Phone
3124419009
Tax Period
2023-07-01 to 2024-06-30

Human Resources Development Institute Inc, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $21.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $19.6M left a modest 9% surplus.

Mission

THE ORGANIZATIONS MISSION IS TO PROMOTE THE COMMUNITYS GENERAL WELFARE THROUGH EDUCATION, SOCIAL, HEALTH AND COMMUNITY SERVICE PROGRAMS. HRDI IS A LEADING DEVELOPER, MANAGER AND PROVIDER OF COMMUNITY FOCUSED HEALTH AND HUMAN SERVICE PROGRAMS TO HIGH RISK, UNDERSERVED AND CULTURALLY-SPECIFIED INDIVIDUALS. HRDI PROVIDES AN ARRAY OF SERVICES TO OVER 7,200 INDIVIDUALS FROM ITS TARGET AREA ON AN ANNUAL BASIS.

Program Service Accomplishments

Program 1
Expenses: $14,480,167 Revenue: $21,379,027

THE ORGANIZATIONS MISSION IS TO PROMOTE THE COMMUNITYS GENERAL WELFARE THROUGH EDUCATION, SOCIAL, HEALTH AND COMMUNITY SERVICE PROGRAMS. HRDI IS A LEADING DEVELOPER, MANAGER AND PROVIDER OF COMMUNITY...

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THE ORGANIZATIONS MISSION IS TO PROMOTE THE COMMUNITYS GENERAL WELFARE THROUGH EDUCATION, SOCIAL, HEALTH AND COMMUNITY SERVICE PROGRAMS. HRDI IS A LEADING DEVELOPER, MANAGER AND PROVIDER OF COMMUNITY FOCUSED HEALTH AND HUMAN SERVICE PROGRAMS TO HIGH RISK, UNDERSERVED AND CULTURALLY-SPECIFIED INDIVIDUALS. HRDI PROVIDES AN ARRAY OF SERVICES TO OVER 7,200 INDIVIDUALS FROM ITS TARGET AREA ON AN ANNUAL BASIS.

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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 $20,129,269
Program Service Revenue $0
Investment Income $939,328
Other Revenue $310,430
TOTAL REVENUE $21,379,027

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,434,776
Fundraising Expenses $0
Program Expenses $14,480,167
Other Expenses $7,117,837
TOTAL EXPENSES $19,552,613

Year-over-Year Comparison

2023 2022 Change
Revenue $21,379,027 $19,524,826 +0.1%
Expenses $19,552,613 $20,854,953 -0.1%
Net Income $1,826,414 $-1,330,127 -2.4%
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

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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
3
Independent Members
N/A
Employees
338
Volunteers
N/A

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
$1,042,419
Total Directors
3
$1,042,419
Key Employees
4
$743,949
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Verneda Bachus Board Chairman 0.50
Officer Director
$0 $0 $578,541
Wendy Thompson Treasurer and Secretary 0.50
Officer Director
$0 $0 $235,278
Eugene Humphrey III Executive Director 0.50
Officer Director Key Emp
$206,100 $22,500 $228,600
Eric Campbell Chief Compliance Officer 20.00
Key Emp
$0 $0 $191,018
Deborah Ann Parnell Vice President 40.00
Key Emp
$172,989 $0 $172,989
Renzy Richardson Director of Contract Administration 40.00
Key Emp
$148,742 $2,600 $151,342
Vanessa Mclendon Nurse Practicioner 40.00
Highest
$107,958 $0 $107,958
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 No data No data No data No data
2024 $21,379,027 $19,552,613 $17,317,692 $1,826,414
2023 $19,433,278 $23,414,893 $12,583,688 $-3,981,615
2022 $25,616,044 $23,241,280 $15,537,888 $2,374,764
2021 $24,270,043 $19,890,621 $14,371,854 $4,379,422
2020 $20,296,344 $19,881,372 $12,122,260 $414,972
2019 $20,994,533 $20,435,624 $10,440,392 $558,909
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