CHESAPEAKE HEALTH EDUCATION PROGRAM

EIN: 521711309 501(c)(3) Human Services

PERRYVILLE, MD

Total Revenue
$3,781,659
Total Expenses
$3,688,255
Total Assets
$3,345,554
Net Assets
$1,454,366
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MD
Principal Officer
JACK BERKERIDGE
Phone
4106421195
Tax Period
2023-01-01 to 2023-12-31

CHESAPEAKE HEALTH EDUCATION PROGRAM, founded in 1991, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

CHESAPEAKE HEALTH EDUCATION PROGRAM, INC. (CHEP) IS A 501(C)(3) ORGANIZATION THAT HAS A DUAL MISSION OF PROVIDING TRANSITIONAL HOUSING THROUGH VETERAN-ONLY PROGRAMS AND HOSTING AFFORDABLE, HIGH QUALITY EDUCATIONAL PROGRAMS FOR HEALTHCARE PROVIDERS IN HARFORD AND CECIL COUNTIES AS WELL AS THE SURROUNDING COUNTIES AND STATES.WE HAVE FOUND OURSELVES WITH THIS UNIQUE PURPOSE, BASED ON AN ORGANIZATIONAL HISTORY OF PROVIDING CONTINUING EDUCATION FOR MEDICAL PROFESSIONALS SERVING THE VETERAN COMMUNITY. AT THE SAME TIME, A NEED WAS DISCOVERED TO PROVIDE TRANSITIONAL HOUSING FOR HOMELESS VETERANS. IT WAS DECIDED THAT CHEP WOULD UTILIZE FUNDS EARNED BY PROVIDING CONTINUING EDUCATION PROGRAMMING TO FINANCIALLY SUPPORT THE VETERAN TRANSITIONAL HOUSING PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $1,600,380 Revenue: $1,027,162

EDUCATION PROGRAMS & CONFERENCES - WE PROVIDED ATOTAL OF 9 LOCAL ACCREDITED CLINICAL AND DENTAL PROGRAMS TO 412 COMMUNITY AND VETERANS ADMINISTRATION HEALTHCARE PROFESSIONALS. WE PROVIDED OR...

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EDUCATION PROGRAMS & CONFERENCES - WE PROVIDED ATOTAL OF 9 LOCAL ACCREDITED CLINICAL AND DENTAL PROGRAMS TO 412 COMMUNITY AND VETERANS ADMINISTRATION HEALTHCARE PROFESSIONALS. WE PROVIDED OR SUPPORTED 13 REGIONAL AND NATIONAL PROGRAMS AND CONFERENCES. TOTAL ATTENDEES FOR ALL EVENTS WAS 4,087, 2,942 IN-PERSON ATTENDEES AND 1,145 VIRTUAL ATTENDEES

Program 2
Expenses: $842,731 Revenue: $3,250

TRANSITIONAL HOUSING FOR HOMELESS VETERANS - CHARLESTON, SCCHEP'S PROGRAMS IN SC CURRENTLY OPERATE 35 BEDS WHICH ARE SUPPORTED BY THE VETERANS ADMINISTARTION GRANT & PER DIEM PROGRAM. WE ARE THE...

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TRANSITIONAL HOUSING FOR HOMELESS VETERANS - CHARLESTON, SCCHEP'S PROGRAMS IN SC CURRENTLY OPERATE 35 BEDS WHICH ARE SUPPORTED BY THE VETERANS ADMINISTARTION GRANT & PER DIEM PROGRAM. WE ARE THE LARGEST PROVIDER OF TRANSITIONAL HOUSING TO HOMELESS VETERANS IN THE STATE. WE ARE THE ONLY PROGRAM IN THE STATE THAT OFFERS SERVICES TO FAMILIES AND FEMALE VETERANS AND THEIR CHILDREN, AS WELL AS TRANSGENDER VETERANS. THE GOAL OF THIS PROGRAM IS TO HELP EACH VETERAN ACHIEVE INDEPENDENT LIVING IN THE COMMUNITY. WE MAINTAINED AN AVERAGE OCCUPANCY OF 90% AND PROVIDED 11,497 BED DAYS IN 2023 TO VETERANS IN NEED.

Program 3
Expenses: $624,619 Revenue: $200

TRANSITIONAL HOUSING FOR HOMELESS VETERANS - PERRY POINT, MDCHEP'S PROGRAM IN MARYLAND CURRENTLY OPERATES 29 BEDS WHICH ARE SUPPORTED BY THE VETERANS ADMINISTRATION GRANT & PER DIEM PROGRAM. THIS...

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TRANSITIONAL HOUSING FOR HOMELESS VETERANS - PERRY POINT, MDCHEP'S PROGRAM IN MARYLAND CURRENTLY OPERATES 29 BEDS WHICH ARE SUPPORTED BY THE VETERANS ADMINISTRATION GRANT & PER DIEM PROGRAM. THIS PROGRAM HAS CONSISTENTLY ACHIEVED RESULTS ABOVE THE NATIONAL AVERAGES FOR GOALS IDENTIFIED BY THE VA GRANT AND PER DIEM PROGRAM. WE MAINTAINED AN AVERAGE OCCUPANCY OF 70% AND PROVIDED 7,409 BED DAYS OF SUPPORTIVE CARE IN 2023.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,613,525
Program Service Revenue $1,069,523
Investment Income $30,366
Other Revenue $68,245
TOTAL REVENUE $3,781,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,001,084
Fundraising Expenses $0
Program Expenses $3,218,304
Other Expenses $2,687,171
TOTAL EXPENSES $3,688,255

Year-over-Year Comparison

2023 2022 Change
Revenue $3,781,659 $2,814,945 +0.3%
Expenses $3,688,255 $3,170,851 +0.2%
Net Income $93,404 $-355,906 -1.3%
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
7
Independent Members
6
Employees
21
Volunteers
20

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
$149,265
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC METZ PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVEN KROEDEL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES COMATY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAWN METZ BOARD MEMBER 1.00
Director
$0 $0 $0
ELAINE MILLARD BOARD MEMBER 1.00
Director
$0 $0 $0
SUE NIEWENHOUS BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA FINCH BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE BENNETT CEO 40.00
Officer
$129,746 $0 $129,746
JACK BERKERIDGE COO 50.00
Officer
$19,519 $0 $19,519
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 $3,781,659 $3,688,255 $3,345,554 $93,404
2022 $2,814,945 $3,170,851 $3,281,834 $-355,906
2021 $1,724,153 $1,981,249 $3,694,843 $-257,096
2020 $1,484,804 $2,040,980 $4,268,139 $-556,176
2019 $2,331,054 $2,528,613 $4,576,473 $-197,559
2018 $2,117,284 $2,310,411 $4,824,853 $-193,127
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