Totals
- Total revenue
- $8,086,224
- Total expenses
- $7,989,204
- Contributions and grants received
- $7,941,502
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $26,670
- Other revenue
- $118,052
- Total assets, end of year
- $8,021,182
- Total liabilities, end of year
- $1,384,106
- Net assets or fund balances, end of year
- $6,637,076
- Program services expenses (Part IX)
- $7,212,538
- Management and general expenses
- $561,540
- Fundraising expenses
- $215,126
- Program service expenses (Part III)
- $7,212,538
Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$6,732,110
-
1f · All other contributions, gifts and grants
$1,209,392
-
3 · Investment income
total $26,670 · excluded $26,670
-
6a · Gross rents
real property $168,789
-
6b · Less rental expenses
real property $155,845
-
6c · Rental income or loss
real property $12,944
-
6d · Net rental income or loss
total $12,944 · related or exempt $12,944
-
8a · Fundraising events: gross income
$128,343
-
8b · Fundraising events: direct expenses
$23,235
-
8c · Net income from fundraising events
total $105,108 · excluded $105,108
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,479,070 · program services $1,958,465 · management and general $371,861 · fundraising $148,744
-
8 · Pension plan contributions
total $75,605 · program services $59,728 · management and general $11,341 · fundraising $4,536
-
9 · Other employee benefits
total $187,017 · program services $153,354 · management and general $22,442 · fundraising $11,221
-
10 · Payroll taxes
total $226,378 · program services $173,228 · management and general $39,567 · fundraising $13,583
-
11a · Fees: management
total $36,778 · program services $28,696 · management and general $5,875 · fundraising $2,207
-
11b · Fees: legal
total $11,949 · program services $9,798 · management and general $1,434 · fundraising $717
-
11c · Fees: accounting
total $23,040 · management and general $23,040
-
20 · Interest
total $1,146 · program services $1,146
-
22 · Depreciation, depletion and amortization
total $145,227 · program services $145,227
-
23 · Insurance
total $65,623 · program services $62,998 · management and general $1,969 · fundraising $656
-
24a · Other expenses: CLIENT ASSISTANCE
total $2,531,493 · program services $2,531,493
-
24b · Other expenses: MOTEL VOUCHERS
total $1,221,452 · program services $1,221,452
-
24c · Other expenses: MAINTENANCE EXPENSE
total $283,365 · program services $223,858 · management and general $42,505 · fundraising $17,002
-
24d · Other expenses: MISCELLANEOUS
total $165,325 · program services $130,606 · management and general $24,799 · fundraising $9,920
-
24e · All other expenses
total $535,736 · program services $512,489 · management and general $16,707 · fundraising $6,540
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $29,725 · end of year $868,705
-
3 · Pledges and grants receivable
beginning of year $1,271,778 · end of year $1,123,013
-
10a · Land, buildings and equipment: cost or other basis
$4,545,675
-
10b · Land, buildings and equipment: accumulated depreciation
$215,965
-
10c · Land, buildings and equipment, net
beginning of year $4,459,568 · end of year $4,329,710
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,682,984 · end of year $1,699,754
-
17 · Accounts payable and accrued expenses
beginning of year $286,822 · end of year $779,573
-
21 · Escrow or custodial account liability
beginning of year $8,091 · end of year $2,599
-
23 · Secured mortgages and notes payable
beginning of year $609,086 · end of year $601,934
-
27 · Net assets without donor restrictions
beginning of year $6,540,056 · end of year $6,637,076
Mission and programs · 2023
Mission
TO HELP VULNERABLE INDIVIDUALS STABILIZE THEIR LIVES THROUGH HOUSING AND SUPPORTIVE SERVICES. AS DESCRIBED EARLIER, BEDS PROVIDES HOMELESSNESS PREVENTION AND STABILIZATION, EMERGENCY, AND REHOUSING SERVICES. IT ANNUALLY REACHES MORE THAN 2850 INDIVIDUALS, 84 PERCENT OF WHOM REGAIN HOUSING.
-
TO PROVIDE SUPPORT AND SHELTER THROUGH HOUSING AND SUPPORTIVE SERVICES.
Expenses $7,212,538
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mark LaubacherMARK LAUBACHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Rick RiusRICK RIUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Joe RussoJOE RUSSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
David SchwartzDAVID SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Dave McCartyDAVE MCCARTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Karl SokolKARL SOKOL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Sharon FerrinSHARON FERRIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Shantel ThurmondSHANTEL THURMOND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Donnie StokesDONNIE STOKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Mark RudzinskiMARK RUDZINSKI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Susan ValantineSUSAN VALANTINE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Mark HarrisMARK HARRIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Dawn McMillinDAWN MCMILLIN
TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 1 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
DOVER PLACE LLC
RENTAL REAL ESTATE · IL · income $12,951 · assets $902,638
Directly controlled by BEDS PLUS INC
-
BEDS SUMMIT SERVICE CENTER LLC
RENTAL REAL ESTATE · IL · income $0 · assets $0
Directly controlled by BEDS PLUS INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
OGDEN AVENUE SUPPORTIVE HOUSING LP
RELATED · RENTAL REAL ESTATE · IL · 0.05% owned · share of income -$13 · share of assets $635,559 · general or managing partner
Directly controlled by OGDEN AVENUE SUPPORTIVE HOUSING GP LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OGDEN AVENUE SUPPORTIVE HOUSING GP LLC
C · RENTAL REAL ESTATE · IL · 51% owned · share of income -$13 · share of assets $635,559
Directly controlled by BEDS PLUS CARE INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 22 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202520229349301357
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.