Bethesda Center for the Homesless Inc

EIN: 581847103 501(c)(3) Human Services

Winston Salem, NC

Total Revenue
$1,138,644
Total Expenses
$1,434,656
Total Assets
$1,949,808
Net Assets
$967,471
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NC
Principal Officer
Amanda Burton
Phone
3367229951
Tax Period
2023-07-01 to 2024-06-30

Bethesda Center for the Homesless Inc, founded in 1989, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 26% operating deficit.

Mission

The mission of The Bethesda Center is to improve the lives of homeless individuals by providing shelter and supportive services leading to independent lives.

Program Service Accomplishments

Program 1
Expenses: $1,045,601

Bethesda Centers supportive services provide a variety of services to those individuals who are residing in the resource center. Activities within this component are intense case management with a...

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Bethesda Centers supportive services provide a variety of services to those individuals who are residing in the resource center. Activities within this component are intense case management with a focus on permanent housing placement or other housing options, rental/utilities arrears payments, rental/utilities deposit, referrals to mainstream services, programming, peer support, bus passes and other services as identified based on assessments. This include the following HAWS Move clients from the street or shelter to permanent housing through collaboration with The Housing Authority of Winston Salem. General case management Provide intensive case management for adults 18 plus to shelter clients for re entry into market rate housing and assist them in developing knowledge to maintain their housing. Bethesda Center Manages a resource center for homeless individuals to receive services during the day. These services include eligibility determination for the night program until coordinated intake is operational, provide a safe place to be during extreme weather, location for housing services with case management, data services for basic human needs such as showers, laundry and bathroom facility, sign up for mail and indentification voucher and location for agencies to provide services and a site for third shift homeless people to sleep while waiting for housing. Bethesda Centers Day Emergency Shelter provides a place for the homeless until the night shelters open. Emergency Night Shelters Bethesda Centers Emergency Mens Night Shelter provides a clean environment for men to sleep, shower and wash clothes, and to address hygiene issues and other barriers, such as employment, housing, etc. Bethesda Centers Emergency Womens Night Shelter provides a clean environment for women to sleep, shower, laundry clothers and to adress hygiene issuad and other barriers, such as employment, housing, etc.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,067,493
Program Service Revenue $0
Investment Income $4,904
Other Revenue $66,247
TOTAL REVENUE $1,138,644

Expense Breakdown

Grants Paid $0
Salaries & Benefits $978,273
Fundraising Expenses $99,295
Program Expenses $1,045,601
Other Expenses $456,383
TOTAL EXPENSES $1,434,656

Year-over-Year Comparison

2023 2022 Change
Revenue $1,138,644 $1,023,593 +0.1%
Expenses $1,434,656 $1,138,922 +0.3%
Net Income $-296,012 $-115,329 +1.6%
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
35
Volunteers
200

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
$83,432
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William McDonald Executive Director 040.00
Officer
$83,432 $0 $83,432
Charles Armstrong President 002.00
Officer Director
$0 $0 $0
Chris Leab Vice President 002.00
Officer Director
$0 $0 $0
Jason Marley Treasurer 002.00
Officer Director
$0 $0 $0
Amanda Burton Director Effective Aug 2023 001.00
Director
$0 $0 $0
Fleming El-Amin Director 001.00
Director
$0 $0 $0
Michelle Mason Director 001.00
Director
$0 $0 $0
Laura Miller Director Effective Nov 2023 001.00
Director
$0 $0 $0
Karla Brown Director Effective Feb 2024 001.00
Director
$0 $0 $0
Timothy French Secretary Through Dec 2023 001.00
Officer Director
$0 $0 $0
Susan Boyles Director Through Dec 2023 001.00
Director
$0 $0 $0
Jay Matthews Director Effective April 2024 001.00
Director
$0 $0 $0
Seth Cumberledge Director Effective March 2024 001.00
Director
$0 $0 $0
Bruce Noah Director Effective March 2024 001.00
Director
$0 $0 $0
Todd Miller Director Effective Feb 2024 001.00
Director
$0 $0 $0
Charles Ryan Director Effective Feb 2024 001.00
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
2025 No data No data No data No data
2024 $1,138,644 $1,434,656 $1,949,808 $-296,012
2023 $1,023,593 $1,138,922 $2,088,540 $-115,329
2022 $1,092,526 $1,309,474 $2,185,376 $-216,948
2021 $1,859,397 $1,544,146 $2,468,079 $315,251
2020 $1,057,926 $1,137,721 $2,174,667 $-79,795
2019 $803,342 $1,159,868 $2,088,054 $-356,526
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