Beds Plus Inc

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

EIN: 363741040 ✦ La grange, IL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Beds Plus Inc?

Beds Plus Inc is a nonprofit organization situated in La Grange, Illinois, specifically at 9601 Ogden Avenue. Its primary mission is to offer support and shelter to vulnerable individuals, aiming to help them stabilize their lives. The organization provides a range of services, including homelessness prevention and stabilization, emergency, and rehousing assistance. Annually, Beds Plus Inc reaches over 2850 individuals, with 84% successfully regaining housing. The organization's team consists of 59 dedicated employees.


Official website here: www.beds-plus.org

What are the reviews and ratings of this charity?

**Beds Plus Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with an overall score of 97%.** This high rating indicates a strong commitment to accountability and transparency in financial practices along with a robust community culture. Specifically, the organization excels in financial health, with a program expense ratio of over 91%, showing that a significant portion of funds directly supports its mission.

Strengths highlighted include a fully independent board and excellent oversight practices, such as documented meeting minutes and comprehensive policies concerning conflict of interest and whistleblower protections. However, there is a noted limitation in their document retention and destruction policy, which is currently missing.

While user reviews from GreatNonprofits could not be retrieved, the organization has demonstrated a commitment to collecting and utilizing feedback for improvements, although challenges in this area are acknowledged. Overall, Beds Plus Inc appears to be a well-managed nonprofit making positive contributions to its community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Beds Plus Inc?

88% of 19 reviewers on Facebook recommend BEDS Plus Inc. Here is a summary of their reviews:

Many individuals praise the organization for its outstanding commitment to combating homelessness. Comments highlight the effectiveness of their prevention efforts, which play a crucial role in helping individuals and families avoid the hardships associated with losing their homes. The support offered to those experiencing homelessness is noted as a significant strength, providing stability and essential guidance.

Overall, the sentiment is quite positive, with commendations directed toward both the dedicated staff and the numerous volunteers who contribute their time and energy to the mission of BEDS Plus Inc. This nonprofit is recognized for delivering valuable services and making a tangible impact in the community.


This AI summary has been generated from reviews found on Facebook.

Is Beds Plus Inc legitimate?

Beds Plus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beds Plus 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,766,303

For more financial information, click here


Official website here: www.beds-plus.org

What is the mission statement of Beds Plus Inc?

Beds Plus Inc's mission is centered around assisting vulnerable individuals in stabilizing their lives. They achieve this primarily through housing and supportive services. The organization offers a range of services, including homelessness prevention and stabilization, emergency, and rehousing. Annually, Beds Plus Inc reaches over 2850 individuals, with 84% of them successfully re-housed. Essentially, their mission is to provide essential support and shelter, aiming to help individuals regain stability in their lives.


Official website here: www.beds-plus.org

Who is the CEO of Beds Plus Inc?

Tina Rounds is the Director of Beds Plus Inc.


Official website here: www.beds-plus.org

What is the revenue of Beds Plus Inc?

Beds Plus Inc's revenue in 2023 was $6,985,146.


Official website here: www.beds-plus.org

Who are the executives of Beds Plus Inc and what are their salaries?

The average compensation at Beds Plus Inc during 2023 was $29,937. There are 59 employees and 313 volunteers at Beds Plus Inc.


Here are 13 key members and their salaries:


Mark Laubacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Rius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Russo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Sokol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Ferrin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shantel Thurmond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel Martinez Noth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rudzinski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Valantine (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Harris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Mcmillin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.beds-plus.org

Where can I find the form 990 for Beds Plus Inc?

Beds Plus Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.beds-plus.org

Learn more at the official website: www.beds-plus.org

Mission Statement of Beds Plus Inc

Beds Plus Inc, a nonprofit organization, is committed to assisting vulnerable individuals in stabilizing their lives. Their mission is achieved through the provision of housing and supportive services. Specifically, Beds Plus offers homelessness prevention and stabilization, emergency, and rehousing services. The organization reaches over 2850 individuals annually, with 84% of them successfully regaining housing. In essence, Beds Plus Inc aims to provide a safe and supportive environment, helping individuals overcome homelessness and rebuild their lives.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Beds Plus Inc has a significant impact on the lives of vulnerable individuals by providing essential housing and supportive services. Each year, the organization reaches over 2,850 individuals, focusing on those at risk of homelessness. Through its comprehensive programs, which include homelessness prevention, emergency shelter, and rehousing services, Beds Plus plays a crucial role in stabilizing lives and fostering a sense of security.

Remarkably, 84 percent of the individuals they support successfully regain housing, showcasing the effectiveness of their approach. By not only addressing immediate shelter needs but also offering ongoing assistance and resources, Beds Plus Inc fosters long-term stability for those it serves. This commitment to helping individuals and families navigate their challenges contributes positively to the broader community in La Grange, Illinois, by promoting stability and well-being among its most vulnerable members.




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


Financials

This financial information is from Propublica.

Revenue
$6,985,146 (2023)
Expenses
$4,772,266 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,722
  • Gross Receipts: $7,154,074

Assets and Liabilities:

  • Total Assets: $7,444,055
  • Total Liabilities: $903,999
  • Net Assets: $6,540,056

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

1989

Principal Officer

Tina Rounds

Main Address

9601 OGDEN AVENUE, LA GRANGE, IL, 60525

NTEE Category

Code: Z99Z - Unknown

If you are a representative of Beds Plus 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.