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Thresholds Housing Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363071248 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Thresholds Housing Inc?

Thresholds Housing Inc is a nonprofit organization based in Chicago, Illinois, specializing in providing housing facilities and services for individuals recovering from severe and persistent mental illness. The organization manages a 12-unit apartment building called Jacqueline Terrace, regulated by the U.S. Department of Housing and Urban Development (HUD). Leases in this building typically last for one year. The organization's activities are overseen by the board of directors of Thresholds, a related nonprofit that also offers rehabilitative services to former mental patients. Thresholds also provides management, accounting, and administrative services to the project for which a management fee is charged, and offers operating advances to the project as needed. In summary, Thresholds Housing Inc aims to offer a supportive living environment for those grappling with mental health challenges, helping them on their journey towards recovery.


Official website here: www.thresholds.org

Is Thresholds Housing Inc legitimate?

Thresholds Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thresholds Housing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,349

For more financial information, click here


Official website here: www.thresholds.org

What is the mission statement of Thresholds Housing Inc?

Thresholds Housing Inc is a non-profit social service agency dedicated to providing housing facilities and services tailored to meet the physical, social, and psychological needs of individuals recovering from severe and persistent mental illness. The organization specializes in offering support that caters to their unique challenges, aiming to promote a smoother and more successful recovery process. Thresholds Housing Inc manages housing projects under the provisions of Section 202 of the National Housing Act, with one example being the Jacqueline Terrace in Chicago, Illinois. The agency's activities, including rent and operational methods, are regulated by the U.S. Department of Housing and Urban Development (HUD). A board of directors from Thresholds, another related non-profit social service agency, oversees the project's operations, and they also provide certain management, accounting, and administrative services. A management fee is charged for these services. The Thresholds agency also provides operating advances to the project when needed.


Official website here: www.thresholds.org

Who is the CEO of Thresholds Housing Inc?

Al Shoreibah is the President of Thresholds Housing Inc. The CEO's salary of Thresholds Housing Inc is $0 and their total compensation is $451,372.


Official website here: www.thresholds.org

What is the revenue of Thresholds Housing Inc?

Thresholds Housing Inc's revenue in 2022 was $171,707.


Official website here: www.thresholds.org

Who are the executives of Thresholds Housing Inc and what are their salaries?

Here are 61 key members and their salaries (Thresholds Housing Inc's CEO's salary is $0 and their total compensation is $451,372):

    Mark Ishaug (Chief Executive Officer)
  • Compensation: $0
  • Related: $439,681
  • Other: $11,691

    • Al G Shoreibah Cpa Mba (Chief Financial Officer)
  • Compensation: $0
  • Related: $240,441
  • Other: $26,183

    • Mark Furlong Lcsw (Chief Operating Officer)
  • Compensation: $0
  • Related: $178,978
  • Other: $17,155

    • Debra Pavick Lcsw (Chief Clinical Officer)
  • Compensation: $0
  • Related: $189,860
  • Other: $5,314

    • Christine Noone (Chief Talent Officer)
  • Compensation: $0
  • Related: $149,022
  • Other: $3,720

    • Brent Peterson (Chief Development Officer)
  • Compensation: $0
  • Related: $116,992
  • Other: $23,273

    • Ademola T Popoola (Chief Information Officer)
  • Compensation: $0
  • Related: $66,770
  • Other: $2,123

    • Denise L Atkins (Chief Of Community Engagement And Equity)
  • Compensation: $0
  • Related: $34,768
  • Other: $0

    • Suzet M Mckinney Drph Mph (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ven Mothkur (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Spencer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Lanzillo (Assistant Treasurer - Thru 12/31) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Kolar (Assistant Treasurer - Beg. 12/31) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Inger Burnett-Zeigler (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scarleth Lever Ortiz (Assistant Secretary - Thru 12/31) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Minal Varma (Assistant Secretary - Beg. 12/31) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Albrecht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jana Barbe (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Ashworth Md (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara R Barreno-Paschall Jd Mpp (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Buffett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Burfeind (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond E Crossman Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Dahm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marianne Doan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Evely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Glover Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Satyender Goel Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald B Grais Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Greer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Haan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Jo Herseth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claudine Hollack (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vicki Horwich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Hymen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Isaacs (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Kane (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Klaff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James A Kolar (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Levin (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Maley (Director - Thru 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roxanne M Martino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Mcclintock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Moos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ina N Owens Lcsw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gino Pinto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Randa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine M Rhode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Beth Rom-Rymer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda G Sahagian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Garth Walker Md Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Ware (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jasmine Watkins (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Williams (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Wright (Director - Beg. 12/31)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thresholds.org

    Where can I find the form 990 for Thresholds Housing Inc?

    The Thresholds Housing Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thresholds.org

    Learn more at the official website: www.thresholds.org

    Mission Statement of Thresholds Housing Inc

    Thresholds Housing Inc, a non-profit social service agency, is dedicated to providing housing facilities and services tailored to meet the physical, social, and psychological needs of individuals recovering from severe and persistent mental illness. This organization, with a mission to foster recovery and independence, owns and operates a 12-unit apartment building, known as Jacqueline Terrace, subject to a federally insured first mortgage loan. The apartments, typically leased for one-year terms, are regulated by the U.S. Department of Housing and Urban Development (HUD) in terms of rents and operating methods. The organization's activities are overseen by the Board of Directors of Thresholds, a related non-profit agency that also provides rehabilitative services to former mental patients. Additionally, Thresholds offers management, accounting, and administrative services to the project for which a management fee is charged. The agency also extends operating advances to the project when necessary.

    Impact

    This information is meant to be a general summary of Thresholds Housing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Monday, June 17, 2024

    Thresholds Housing Inc's impact is significant in providing 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. Through their 12-unit apartment building in Chicago, known as Jacqueline Terrace, they offer a supportive environment for individuals in need. By providing regulated leases and HUD-controlled rents, they ensure access to stable housing for those undergoing recovery. The organization's mission of supporting individuals in their mental health journey through housing services underscores its essential role in promoting mental wellness and stability in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13
  • Program Service Revenue: $171,694
  • Gross Receipts: $171,707

    • Assets and Liabilities:
  • Total Assets: $746,215
  • Total Liabilities: $563,562
  • Net Assets: $182,653
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT SUBSIDY

    Revenue

    $108,669

    RESIDENTIAL FEES

    Revenue

    $49,489

    RENT REVENUE

    Revenue

    $13,536

    Organization Details

    Founding Year

    1980

    Principal Officer

    Al Shoreibah

    Main Address

    4101 N RAVENSWOOD, CHICAGO, IL, 60613

    NTEE Category

    Code: F33Z - Mental health

    If you are a representative of Thresholds Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.