THRESHOLDS HOUSING INC

EIN: 363071248 501(c)(3) Mental Health

CHICAGO, IL

Total Revenue
$183,500
Total Expenses
$183,772
Total Assets
$634,491
Net Assets
$106,947
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
IL
Phone
7735725500
Tax Period
2024-07-01 to 2025-06-30

THRESHOLDS HOUSING INC, founded in 1980, is a small nonprofit in the Mental Health sector that reported $184K in total revenue in fiscal year 2024.

Mission

TO PROVIDE HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF INDIVIDUALS FACING THE CHALLENGE OF RECOVERY FROM SEVERE AND PERSISTENT MENTAL ILLNESS.

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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 $0
Program Service Revenue $183,495
Investment Income $5
Other Revenue $0
TOTAL REVENUE $183,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,391
Fundraising Expenses $0
Program Expenses $160,241
Other Expenses $167,381
TOTAL EXPENSES $183,772

Year-over-Year Comparison

2024 2023 Change
Revenue $183,500 $173,622 +0.1%
Expenses $183,772 $190,788 0.0%
Net Income $-272 $-17,166 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
47
Independent Members
47
Employees
N/A
Volunteers
51

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
17
$2,565,875
Total Directors
55
$0
Key Employees
1
$227,795
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNTHIA JONES VICE CHAIR - BEG 12/31 0.1
Officer Director
$0 $0 $0
DEBBIE DAVIS ASSISTANT TREASURER - THRU 12/31 0.1
Officer Director
$0 $0 $0
DR INGER BURNETT-ZEIGLER PRESIDENT - THRU 12/31 0.1
Officer Director
$0 $0 $0
DR WALKER GARTH MD MPH ASSISTANT SECRETARY 0.1
Officer Director
$0 $0 $0
JAMES KOLAR TREASURER 0.1
Officer Director
$0 $0 $0
JOANNE DAHM CHAIR - BEG 12/31 0.1
Officer Director
$0 $0 $0
MINAL VARMA SECRETARY 0.1
Officer Director
$0 $0 $0
BARBARA R BARRENO-PASCHALL JD MPP DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
BENJAMIN ALBRECHT DIRECTOR 0.1
Director
$0 $0 $0
BILL BURFEIND DIRECTOR 0.1
Director
$0 $0 $0
CHARLIE HYMEN DIRECTOR 0.1
Director
$0 $0 $0
CHRIS SEGAL DIRECTOR 0.1
Director
$0 $0 $0
CHRISTINE M RHODE DIRECTOR 0.1
Director
$0 $0 $0
CLAUDINE HOLLACK DIRECTOR 0.1
Director
$0 $0 $0
CORI MCKEEVER DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
CRYSTAL GLOVER PHD DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
DAN KLAFF DIRECTOR 0.1
Director
$0 $0 $0
DIANA CARRENO GARCIA DIRECTOR 0.1
Director
$0 $0 $0
DR BETH ROM-RYMER DIRECTOR 0.1
Director
$0 $0 $0
DR DAVID BUCHANAN MD MS FACP DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
ERIC SIKKEMA DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
GINO PINTO DIRECTOR 0.1
Director
$0 $0 $0
INA N OWENS LCSW DIRECTOR 0.1
Director
$0 $0 $0
JASMINE WATKINS DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
JOE FELDMAN DIRECTOR 0.1
Director
$0 $0 $0
JOEY CARR DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
JOSEPH MOOS DIRECTOR 0.1
Director
$0 $0 $0
JP JUST DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
JUDY ASHWORTH MD DIRECTOR 0.1
Director
$0 $0 $0
KEITH DOUGLAS DIRECTOR 0.1
Director
$0 $0 $0
KEITH MCCLINTOCK DIRECTOR 0.1
Director
$0 $0 $0
KEVIN A OSTEN GARNER PSY D DIRECTOR 0.1
Director
$0 $0 $0
KIRK WILLIAMS DIRECTOR 0.1
Director
$0 $0 $0
LEO LANZILLO DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
LT JERMAINE HARRIS DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
LUVIA QUINONES DIRECTOR 0.1
Director
$0 $0 $0
MARIANNE DOAN DIRECTOR 0.1
Director
$0 $0 $0
MARY J HERSETH DIRECTOR 0.1
Director
$0 $0 $0
MASAMI TAKAHASHI DIRECTOR 0.1
Director
$0 $0 $0
MEGAN GREER DIRECTOR 0.1
Director
$0 $0 $0
OFELIA SANCHEZ DIRECTOR 0.1
Director
$0 $0 $0
PEGGY JOHNSON DIRECTOR - BEG 12/31 0.1
Director
$0 $0 $0
ROBERT HAAN DIRECTOR 0.1
Director
$0 $0 $0
ROBERT SPENCER DIRECTOR 0.1
Director
$0 $0 $0
RONALD B GRAIS JD DIRECTOR 0.1
Director
$0 $0 $0
ROXANNE M MARTINO DIRECTOR 0.1
Director
$0 $0 $0
SANDEEP NAIN DIRECTOR 0.1
Director
$0 $0 $0
SARAH WARE DIRECTOR 0.1
Director
$0 $0 $0
SATYENDER GOEL PHD DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
SHARON NEAL DIRECTOR 0.1
Director
$0 $0 $0
STEPHEN ISAACS DIRECTOR 0.1
Director
$0 $0 $0
SUE ROBERTS DIRECTOR 0.1
Director
$0 $0 $0
SUZET M MCKINNEY DIRECTOR 0.1
Director
$0 $0 $0
TAMMY RANDA DIRECTOR - THRU 12/31 0.1
Director
$0 $0 $0
VICKI HORWICH DIRECTOR 0.1
Director
$0 $0 $0
ADEMOLA POPOOLA CHIEF INFORMATION OFFICER 0.6
Officer
$0 $28,284 $221,569
AL G SHOREIBAH CPA MBA CHIEF FINANCIAL OFFICER 0.6
Officer
$0 $35,094 $306,098
BRENT PETERSON CHIEF DEVELOPMENT OFFICER 0.6
Officer
$0 $32,847 $190,557
CHRISTINE NOONE CHIEF TALENT OFFICER 0.6
Officer
$0 $7,775 $219,084
DEBRA PAVICK LCSW CHIEF CLINICAL OFFICER 0.6
Officer
$0 $25,489 $241,658
DENISE L ATKINS CHIEF OF COMMUNITY ENGAGEMENT 0.6
Officer
$0 $5,896 $176,206
EMILY MOEN CHIEF COMMUNICATIONS OFFICER 0.6
Officer
$0 $5,297 $156,492
MARK FURLONG LCSW CHIEF OPERATING OFFICER 0.6
Officer
$0 $33,339 $240,449
MARK S ISHAUG PRESIDENT & CHIEF EXECUTIVE OFFICER 0.6
Officer
$0 $20,684 $563,071
WESLEY J COOK DO CHIEF MEDICAL OFFICER 0.6
Officer
$0 $16,869 $250,691
MICHAEL J FALEY GENERAL COUNSEL 0.6
Key Emp
$0 $29,020 $227,795
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 $183,500 $183,772 $634,491 $-272
2024 $173,622 $190,788 $677,012 $-17,166
2023 $116,338 $174,087 $680,258 $-57,749
2022 $171,707 $208,674 $746,215 $-36,967
2021 $168,757 $143,773 $785,959 $24,984
2020 $166,567 $150,991 $778,169 $15,576
2019 $163,117 $175,974 $825,905 $-12,857
2018 $163,937 $129,240 $858,164 $34,697
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