BLOOMINGTON, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOME SWEET HOME MINISTRIES INC, founded in 1923, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Net assets of $10.7M represent 34 months of operating reserves.
HOME SWEET HOME MINISTRIES DEMONSTRATES CHRIST'S LOVE THROUGH INNOVATIVE APPROACHES THAT INSTILL HOPE, RESTORE LIVES, AND BUILD COMMUNITY.
COMMUNITY SERVICES: The Junction is a community center designed with building connection at its core. The Junction provides a safe and welcoming atmosphere for individuals to be during the day and...
COMMUNITY SERVICES: The Junction is a community center designed with building connection at its core. The Junction provides a safe and welcoming atmosphere for individuals to be during the day and for other nonprofits from around the Bloomington-Normal community to use for outreach purposes. The Bread for Life Co-op helps low-income individuals and families experiencing food insecurity gain access to fresh foods and other household items, and experience dignity in the process. Rapid Rehousing is a 6-12 month program that provides services designed to quickly identify housing roadblocks, eliminate barriers to homelessness, and find affordable and suitable housing. Once housed, the program assists participants in increasing their stability over time through positive relationships and connections to other service providers.Bridge of Hope is a 12-24 month program that assists families in achieving stability through the help of trained neighboring groups. Families attain permanent housing; financial stability; life-changing friendships; and growth and wholeness.The Home Sweet Home Duplex is rented to families affected by the lack of affordable housing in the Bloomington-Normal community. The duplex provides families in lower socioeconomic levels of income an opportunity to pay significantly reduced rental rates in comparison to the surrounding housing market.
SHELTER CARE: HOME SWEET HOME MINISTRIES OPERATES A 24 HOUR, YEAR ROUND RESIDENTIAL CARE PROGRAM WITHIN THE BILLY SHELPER CENTER (75 BED CAPACITY) WITH SEVEN BEDS RESERVED FOR VETERANS. THIS YEAR...
SHELTER CARE: HOME SWEET HOME MINISTRIES OPERATES A 24 HOUR, YEAR ROUND RESIDENTIAL CARE PROGRAM WITHIN THE BILLY SHELPER CENTER (75 BED CAPACITY) WITH SEVEN BEDS RESERVED FOR VETERANS. THIS YEAR, HOME SWEET HOME PROVIDED 20,000 NIGHTS OF SHELTER TO PERSONS IN NEED. THERE ARE SEPARATE ROOMS FOR FAMILIES WITH CHILDREN. IN ADDITION TO MEALS, RESIDENTS RECEIVE TOILETRIES, SHOWERS, CLOTHING, CASE MANAGEMENT, AND CHRISTIAN MINISTRY. DURING THEIR STAY, INDIVIDUALS AND FAMILIES ARE MATCHED WITH A CASE MANAGER WHO ASSISTS IN MANY AREAS, INCLUDING HOUSING, LOCATING CHILDCARE, AND EMPLOYMENT. PROGRAMMING IS AVAILABLE TO RESIDENTIAL CLIENTS WITH THE GOAL OF PROVIDING ACCESS TO EDUCATIONAL, SPIRITUAL, AND THERAPEUTIC SERVICES THAT WILL FACILITATE AND PROMOTE MEANINGFUL LIFE TRANSFORMATION.
MEALS PROVIDED TO THOSE IN NEED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,745,879 | $3,867,995 | 0.0% |
| Expenses | $3,665,146 | $3,443,530 | +0.1% |
| Net Income | $80,733 | $424,465 | -0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MATTHEW C BURGESS | CEO | 45.00 |
Officer
Director
|
$124,950 | $29,856 | $154,806 |
| JACQUELINE COLLINS | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| SALLY SALEGNA | President | 0.40 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH DEHN | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| STEVE ZIMMERMAN | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| MEG BARNET | Secretary | 0.40 |
Officer
Director
|
$0 | $0 | $0 |
| RENAE ETKA | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| AMANDA RAY | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| RYAN HUETTE | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| ANN GILMORE | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| LOWRELL COLLINS JR | BOARD MEMBER | 0.40 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,745,879 | $3,665,146 | $11,006,809 | $80,733 |
| 2023 | $3,867,995 | $3,443,530 | $10,195,503 | $424,465 |
| 2022 | $3,394,319 | $2,939,594 | $9,391,953 | $454,725 |
| 2021 | $3,156,462 | $2,623,892 | $9,964,067 | $532,570 |
| 2020 | $3,379,119 | $2,943,816 | $8,145,796 | $435,303 |
| 2019 | $3,822,972 | $2,960,349 | $7,726,486 | $862,623 |
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