BETHLEHEM INN OF WASECA

EIN: 823118656 501(c)(3) Housing & Shelter

Waseca, MN

Total Revenue
$318,812
Total Expenses
$156,958
Total Assets
$224,709
Net Assets
$224,709
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MN
Principal Officer
Molly Hendrickson
Phone
5078338310
Tax Period
2025-01-01 to 2025-12-31

BETHLEHEM INN OF WASECA, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $319K in total revenue in fiscal year 2025. Revenue surged 278% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162K, a strong 51% operating margin.

Mission

Bethlehem Inn of Waseca provides safe and supportive transitional housing for homeless women and children. We connect residents with local service providers and community organizations so they can have a sustainable life as soon as possible.

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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 (2025)

Revenue Breakdown

Contributions & Grants $307,172
Program Service Revenue $0
Investment Income $2,028
Other Revenue $9,612
TOTAL REVENUE $318,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $108,608
Fundraising Expenses $0
Program Expenses $156,958
Other Expenses $48,350
TOTAL EXPENSES $156,958

Year-over-Year Comparison

2025 2024 Change
Revenue $318,812 $84,392 +2.8%
Expenses $156,958 $126,569 +0.2%
Net Income $161,854 $-42,177 -4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
16

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
0
$0
Total Directors
10
$0
Key Employees
5
$97,928
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angelita Alvarez Shelter Manager 40
Key Emp
$44,427 $0 $44,427
Sue McIntosh Program Director 25
Key Emp
$27,000 $0 $27,000
Antoinette Larson Family Advocate 15
Key Emp
$11,135 $0 $11,135
Lisa Mackey Family Advocate 10
Key Emp
$8,219 $0 $8,219
Marnee White Family Advocate 9
Key Emp
$7,147 $0 $7,147
Gregg Johnson Vice President 3
Director
$0 $0 $0
Roger Ashland Treasurer 10
Director
$0 $0 $0
Trudi Connors Secretary 2
Director
$0 $0 $0
Dick LaLonde Board Member 1
Director
$0 $0 $0
LeAnn Dahle Board Member 1
Director
$0 $0 $0
Jillene Gallatin Board Member 2
Director
$0 $0 $0
Diane Ytuarte Board member 1
Director
$0 $0 $0
Molly Erdman President 2
Director
$0 $0 $0
Father Glenn Frerichs Board Member 1
Director
$0 $0 $0
Valerie Spies Board Member 1
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 $318,812 $156,958 $224,709 $161,854
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