Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1980.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
61 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides supportive housing and tailored services to help individuals in Chicago recover from severe and persistent mental illness.
Questions for Thresholds Housing INC
Your first name shows with your question. Thresholds Housing INC answers here, for everyone.
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Thresholds housing, INC.(PROJECT) is a nonprofit social service agency which provides housing facilities and services specially designed to meet the physical, social and psychological needs of individuals facing the challenge of recovery from severe and persistent mental illness.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $75K | $101K |
| Land, buildings, equipmentLn 10c | $606K | $578K |
| Total assetsLn 16 | $680K | $677K |
| LiabilitiesLn 26 | $556K | $570K |
| Net assetsLn 32 | $124K | $107K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $13K | $5K | $8K | |
| Other employee benefitsLn 9 | $3K | $1K | $2K | |
| Management feesLn 11a | $10K | $10K | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Office expensesLn 13 | $41 | $41 | ||
| OccupancyLn 16 | $86K | $86K | ||
| InterestLn 20 | $31K | $31K | ||
| Depreciation, depletion and amortizationLn 22 | $29K | $29K | ||
| InsuranceLn 23 | $8K | $8K | ||
| Other expenses (24a–d)Ln 24 | $7K | $7K | ||
| Total functional expensesLn 25 | $191K | $167K | $24K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Viewing | $174K | $191K | −$17K | $107K | 990 PDF |
| FY2023 | $116K | $174K | −$58K | $124K | 990 PDF |
| FY2022 | $172K | $209K | −$37K | $183K | 990 PDF |
| FY2021 | $169K | $144K | $25K | $220K | 990 PDF |
| FY2020 | $167K | $151K | $16K | $195K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $173,622 revenue, 12 lines filed
Part VI · Governance 47 of 47 board members independent, 1 to look at
Part VIII · Statement of revenue $173,622 across 3 lines filed
Part IX · Statement of functional expenses $190,788 across 10 lines filed
Part X · Balance sheet $677,012 assets, 12 lines filed
Part XI · Reconciliation of net assets $107,219 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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