BethHaven Incorporated

EIN: 840829849 501(c)(3)

Colorado Springs, CO

Total Revenue
$1,393,285
Total Expenses
$1,165,487
Total Assets
$948,108
Net Assets
$856,623
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CO
Principal Officer
Mike Van de Casteele
Phone
7196325920
Tax Period
2024-07-01 to 2025-06-30

BethHaven Incorporated, founded in 1980, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $228K, a strong 16% operating margin.

Mission

BethHaven is designed to provide a supervised family-type residence for adults with severe and persistent mental illness. For more than 30 years BethHaven has provided top quality residential services for adults with severe and persistent mental illness in a home-like environment to the community of Colorado Springs. Our hope is to provide the minimal level of support necessary to allow our residents to succeed.

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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 (2024)

Revenue Breakdown

Contributions & Grants $333,678
Program Service Revenue $1,057,850
Investment Income $1,757
Other Revenue $0
TOTAL REVENUE $1,393,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $764,924
Fundraising Expenses $7,713
Program Expenses $1,029,411
Other Expenses $400,563
TOTAL EXPENSES $1,165,487

Year-over-Year Comparison

2024 2023 Change
Revenue $1,393,285 $1,170,240 +0.2%
Expenses $1,165,487 $1,102,239 +0.1%
Net Income $227,798 $68,001 +2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
24
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
$95,630
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Lewis Chair 2.00
Officer Director
$0 $0 $0
Paul Isenstadt Vice Chair 2.00
Officer Director
$0 $0 $0
Dan Frasier Treasurer 2.00
Officer Director
$0 $0 $0
Lynne Stefonik Secretary 2.00
Officer Director
$0 $0 $0
Cynthia Justice Board Member 2.00
Director
$0 $0 $0
Maggie Papalia Board Member 2.00
Director
$0 $0 $0
Neil Devoogd Board Member 2.00
Director
$0 $0 $0
Anthony Provenzano Board Member 2.00
Director
$0 $0 $0
Cathy Michopoulos Board Member 2.00
Director
$0 $0 $0
Michael D Van De Casteele President, COO 40.00
Officer
$95,630 $0 $95,630
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 $1,393,285 $1,165,487 $948,108 $227,798
2024 $1,170,240 $1,102,239 $717,836 $68,001
2023 $1,041,855 $987,722 $604,277 $54,133
2022 $886,118 $994,473 $569,669 $-108,355
2021 $934,950 $886,542 $640,980 $48,408
2020 $792,689 $835,478 $691,253 $-42,789
2019 $734,510 $802,726 $646,182 $-68,216
2018 $707,419 $800,685 $704,351 $-93,266
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