B'NAI B'RITH COVENANT HOUSE OF PEORIA

EIN: 510177950 501(c)(3)

PEORIA, IL

Total Revenue
$3,816,143
Total Expenses
$3,653,410
Total Assets
$2,995,863
Net Assets
$-3,776,665
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
IL
Principal Officer
MICHAEL STONE
Phone
3096732252
Tax Period
2024-01-01 to 2024-12-31

B'NAI B'RITH COVENANT HOUSE OF PEORIA, founded in 1975, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $3.7M left a modest 4% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW RENT HOUSING TO THE ELDERLY AND HANDICAPPED.

Program Service Accomplishments

Program 1
Expenses: $3,070,510 Revenue: $1,017,278

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW RENT HOUSING TO THE ELDERLY AND HANDICAPPED.

Program 2
Revenue: $-4,786

OPERATION OF A SMALL GROCERY STORE FOR USE BY THE B'NAI B'RITH RESIDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,762,239
Program Service Revenue $1,017,278
Investment Income $41,412
Other Revenue $-4,786
TOTAL REVENUE $3,816,143

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,070,510
Other Expenses $3,653,410
TOTAL EXPENSES $3,653,410

Year-over-Year Comparison

2024 2023 Change
Revenue $3,816,143 $3,394,998 +0.1%
Expenses $3,653,410 $3,590,813 +0.0%
Net Income $162,733 $-195,815 -1.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL STONE PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG FENTON MD VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVE VOGEL SECRETARY 1.00
Officer Director
$0 $0 $0
FRANCESCA ARMMER PHD TRUSTEE 1.00
Director
$0 $0 $0
SUSAN KATZ TRUSTEE 1.00
Director
$0 $0 $0
ELMA MATHEWS TRUSTEE 1.00
Director
$0 $0 $0
MICHELLE EGGERT VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
GARY SCHMIDT TREASURER 1.00
Officer Director
$0 $0 $0
DIANE WETCHLER TRUSTEE 1.00
Director
$0 $0 $0
ALICE HARKNESS TRUSTEE 1.00
Director
$0 $0 $0
JOHN MILLER TRUSTEE 1.00
Director
$0 $0 $0
DONNA PATRICK TRUSTEE 1.00
Director
$0 $0 $0
MARY REICHEL TRUSTEE 1.00
Director
$0 $0 $0
JOEL MERRILL TRUSTEE 1.00
Director
$0 $0 $0
JOEL STONE TRUSTEE 1.00
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 $3,816,143 $3,653,410 $2,995,863 $162,733
2023 $3,394,998 $3,590,813 $3,055,704 $-195,815
2022 $3,425,899 $3,526,808 $3,562,624 $-100,909
2021 $3,307,832 $3,469,920 $3,695,713 $-162,088
2020 $3,302,931 $3,332,766 $4,052,363 $-29,835
2019 $3,296,095 $3,412,347 $4,234,843 $-116,252
2018 $3,189,866 $3,294,662 $4,450,198 $-104,796
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare B'NAI B'RITH COVENANT HOUSE OF PEORIA with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.