Renaissance Social Services Inc

EIN: 363900116 501(c)(3) Human Services

Chicago, IL

Total Revenue
$8,206,233
Total Expenses
$7,901,142
Total Assets
$2,467,925
Net Assets
$803,893
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
IL
Principal Officer
Michael Banghart
Phone
7736458900
Tax Period
2023-01-01 to 2023-12-31

Renaissance Social Services Inc, founded in 1993, is a community nonprofit in the Human Services sector that reported $8.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $7.9M left a modest 4% surplus.

Mission

Renaissance Social Services (RSSI) is a unique organization that connects those in need with housing that is safe, quality and affordable. After helping clients attain housing RSSI provides them with comprehensive, flexible, client focused support case management services. The flexible service delivery model gives RSSI clients the opportunity to live on their own with the support they need to be successful. The goal is to empower the individual or family to become as autonomous from RSSI and the social service system as possible.

Program Service Accomplishments

Program 1
Expenses: $1,997,183 Revenue: $687,152

Supportive Housing Outreach Program (SHOT). This program provides permanent supportive housing and wrap-around supportive services for chronically homeless individuals with disabilities. The program...

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Supportive Housing Outreach Program (SHOT). This program provides permanent supportive housing and wrap-around supportive services for chronically homeless individuals with disabilities. The program utilizes a scattered site housing model and practices Housing First. SHOT serves 111 individuals. Supportive services are delivered by Clinical Case Managers, who provide behavioral healthcare to participants. A visiting nurse provides primary care (wound care, health education, vaccinations) and supported linkage to community-based integrated care providers. The agency also provides employment services that are target to persons with behavioral health issues.

Program 2
Expenses: $820,118 Revenue: $282,170

The Housing Stability Program serves homeless and disabled families and individuals, chronically homeless individuals and those at risk of becoming homeless throughout Chicago by helping them attain...

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The Housing Stability Program serves homeless and disabled families and individuals, chronically homeless individuals and those at risk of becoming homeless throughout Chicago by helping them attain affordable permanent housing at one of the buildings we serve. We provide them with ongoing supportive case management services which are individualized to meet the needs of the specific individual or family and are focused attaining a greater level of autonomy. Ultimately the goal is to enable the family or person to have the skills necessary to no longer need services from RSSI.To qualify for this program the head of household must be homeless and have a disability. Qualifying disabilities include Mental Health, Physical, HIV/AIDS and/or a Substance Induced Disorder. The disability must be of a long-continued duration, impedes ones ability to live independently, and be of a nature that could be improved by more suitable housing, or be from AIDs or conditions arising from its etiological effects.RSSI's team of case managers provides services which are tailored to meet the needs of the individual or family. Intensity of services is initially very intense when a client enters the program and less so as time passes and the client increases autonomy. Collaboration with the client is key for the process of increasing their self-determination, and goals and services are agreed upon jointly so everyone has a role in the delivery of services.

Program 3
Expenses: $1,933,257 Revenue: $665,156

The Family Support Program provides permanent supportive housing to chronically homeless families where the head of household has a disability. The program utilizes a scattered site model and...

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The Family Support Program provides permanent supportive housing to chronically homeless families where the head of household has a disability. The program utilizes a scattered site model and practices Housing First. FSP serves 45 families and over 120 total individuals. Supportive services are delivered by Clinical Case Managers who provide behavioral healthcare services to participants. A visiting nurse with a pediatric specialty provides at-home primary care services (wound care, health education, vaccinations, etc.) and supported linkage to community-based integrated healthcare. Adults in the program are encouraged to participate in the employment services, which are targeted to persons with behavioral health issues. Children in the program receive a set of educational supports as needed.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,563,848
Program Service Revenue $1,628,761
Investment Income $0
Other Revenue $13,624
TOTAL REVENUE $8,206,233

Expense Breakdown

Grants Paid $3,177,630
Salaries & Benefits $3,875,850
Fundraising Expenses $191,536
Program Expenses $7,199,161
Other Expenses $847,662
TOTAL EXPENSES $7,901,142

Year-over-Year Comparison

2023 2022 Change
Revenue $8,206,233 $7,065,789 +0.2%
Expenses $7,901,142 $7,374,187 +0.1%
Net Income $305,091 $-308,398 -2.0%
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
13
Independent Members
13
Employees
107
Volunteers
15

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
7
$158,789
Total Directors
15
$158,789
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Schierl Sullivan President 2.00
Officer Director
$0 $0 $0
Danny Gutman Treasurer 2.00
Officer Director
$0 $0 $0
Michelle Sablack Secretary 2.00
Officer Director
$0 $0 $0
Bria Scudder Co-Vice President 1.00
Officer Director
$0 $0 $0
Ellen Valles Co-Vice President 1.00
Officer Director
$0 $0 $0
Evelyn Barnes Participant Representative 1.00
Officer Director
$0 $0 $0
Anh Nguyen Director 1.00
Director
$0 $0 $0
Danny Jisa Director 1.00
Director
$0 $0 $0
Jim Scudder Director 1.00
Director
$0 $0 $0
Johnny Pesenti Director 1.00
Director
$0 $0 $0
Mark Abbott Director 1.00
Director
$0 $0 $0
Mindy Wade Director 1.00
Director
$0 $0 $0
Richard Day Director 1.00
Director
$0 $0 $0
Todd D McCrainey Jr Director 1.00
Director
$0 $0 $0
Michael Banghart Executive Director 40.00
Officer Director
$120,201 $38,588 $158,789
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 $8,206,233 $7,901,142 $2,467,925 $305,091
2022 $7,065,789 $7,374,187 $2,571,863 $-308,398
2021 $6,632,596 $6,355,753 $2,138,317 $276,843
2020 $5,214,351 $5,155,327 $1,447,017 $59,024
2019 $4,853,045 $4,539,565 $823,200 $313,480
2019 $4,953,045 $4,717,240 $630,526 $235,805
2018 $3,910,044 $3,815,983 $387,882 $94,061
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