Bethany House Services, Inc.
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Bethany House Services, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
Bethany House Services empowers homeless and at-risk families with the solutions to achieve housing stability and long-term self-sufficiency.
Year, State Incorporated:
1983, OH
Bethany House Services (BHS) serves homeless families in the Greater Cincinnati area, including Northern Kentucky and Southeastern Indiana. Holistic services–including emergency shelter, housing,
comprehensive case management, post shelter support, and permanent affordable rental housing–address a family’s current needs and seek to prevent repeat episodes of homelessness. Two-thirds of the individuals we serve in each program are children under 18.
For the year ended December 31, 2023, Bethany House Services, Inc.'s program expenses were:
Shelter | $2,581,560 |
Family Services | $557,843 |
Housing | $4,067,630 |
Bethany Homes | $206,907 |
Total Program Expenses | $7,413,940 |
Chief Executive
Peg Dierkers, CEO
Chair of the Board
Peg Moertl, Board Chairperson
Chair's Profession / Business Affiliation
Grovedale Consulting
Board Size
18
Paid Staff Size
61
Method(s) Used:
Direct mail appeals, Door-to-door solicitation, Grant proposals, Internet, Radio
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Bethany House Services, Inc.'s audited financial statements for the year ended December 31, 2023.
Source of Funds
Miscellaneous income | $7,922 |
Capital campaign contributions for new shelter building and services | $260,434 |
Rental agent and other fees | $264,061 |
Special events, less direct benefit costs of $81,514 | $293,133 |
Donated materials | $339,511 |
Investment return, net | $476,758 |
Gain on debt extinguishment | $1,000,000 |
Contributions | $2,154,085 |
Government grants and other contracts | $5,581,877 |
Total Income | $10,377,781 |
Programs: 82% Fundraising: 7% Administrative: 11%
Total Income | $10,377,781 |
Total expenses: | $9,033,055 |
Program expenses | $7,413,940 |
Fundraising expenses | $640,943 |
Administrative expenses | $978,172 |
Other expenses | $0 |
Income in Excess of Expenses | $1,344,726 |
Beginning Net Assets | $19,075,921 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $20,420,647 |
Total Liabilities | $16,454,961 |
Total Assets | $36,875,608 |
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