Illinois · Nonprofit
THE THRESHOLDS
THE THRESHOLDS (Illinois) receives grants from 161 organizations whose IRS filings report $36,014,724 to it, the largest being REBECCA SUSAN BUFFETT FOUNDATION ($17,229,596). 97 of them have funded it in more than one year.
- Revenue FY2025
- $138M
- Funders on record
- 161
- Grants received
- $36M
- Net assets
- $80M
What The Thresholds does
Mission
Thresholds provides innovative behavioral and primary healthcare that promotes empowerment, well-being, and full participation in community life. Through unwavering community-based engagement, support, and advocacy, thresholds helps people living with mental health and substance use conditions find home, health, and hope.
As stated on its FY2025 Form 990.
Programs
Prevention of hospitalization thresholds provides mental health services, substance use treatment services, and care coordination to help individuals with serious mental illnesses and substance use conditions to achieve their life goals. Goals of services include symptom reduction, substance use reduction, successful employment, educational attainment, engagement with a person's family and community, maintaining decent, safe, affordable housing, linking people to high quality primary and specialty care, and prevention of unnecessary hospitalization. Thresholds provided community based services and care coordination to approximately 9,910 people in fiscal year 2025.
$68,137,903 spentof which $600,000 as grants$64,229,779 earned by the program61% of program spendingIndependent living thresholds provides a wide variety of community-based, affordable housing options including independent apartments, apartment buildings with services on site, and supported and supervised group home settings. Thresholds operates 1,250 affordable housing units, making the agency chicago's largest nonprofit housing provider. Thresholds provides wraparound community-based services, healthcare, and housing support that help people maintain independent living and avoid institutional settings.
$22,555,564 spent$2,019,594 earned by the program20% of program spendingVocational and social rehabilitation thresholds provides evidence-based supported employment services to people with mental illness and substance use disorders. Last year thresholds provided employment services to approximately 800 individuals. Thresholds provides wraparound services that supports full integration into community life.
$3,497,889 spent$1,834,129 earned by the program3% of program spendingSubstance use treatment: thresholds provides outpatient and intensive outpatient substance use treatment with a focus on foundational dimensions of recovery, including health, housing, purpose, and community. Thresholds substance use treatment services are integrated with services for mental health conditions and use a harm reduction approach supporting physical and emotional wellbeing. Last year, thresholds' substance use treatment program served 1,243 individuals with a substance use disorder. Research projects: thresholds' evaluation and research department works to reimagine health care delivery for persons with behavioral health conditions. Research staff collaborate with external university partners to develop and implement cutting edge interventions that work in real world settings and contribute to the literature on behavioral health best practices. The evaluation staff work with internal programs to identify ways of improving member outcomes and care experience while also facilitating a culture of continuous learning within the agency. Together, evaluation and research share a vision to empower those who seek to advance and improve behavioral health by sharing informed…
$18,108,120 spent$388,176 earned by the program16% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $112,299,476.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $77M to $95M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 39% · 2018 38% · 2019 42% · 2020 41% · 2021 52% · 2022 54% · 2023 42% · 2024 46% · 2025 39%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mark S Ishaug
President & chief executive officer
Board chair
Joanne Dahm
Chair - beg 12/31
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 43 funders to 69 funders, grant income rose $1.5M → $4.2M.
20 of 161 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE THRESHOLDS’s funders (the co-funder graph). Top 30 of 161 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE THRESHOLDS leans on a few funders — its largest provides 48% of grant income and the top three 60%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
25% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE THRESHOLDS.
Largest funder’s share by year: 2017 22% · 2018 23% · 2019 52% · 2020 33% · 2021 43% · 2022 60% · 2023 59% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of THE THRESHOLDS's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
THE THRESHOLDS draws 70% of its grant income from funders outside Illinois, across 20 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.2M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding THE THRESHOLDS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $108.9M on record — $108.9M federal, $61k state.
- Department of Housing and Urban Development$71.8M
- Department of Health and Human Services$21.5M
- Department of Veterans Affairs$15.6M
- (MM) PURCHASED CLIENT/PROGRAM SVCS$61k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like THE THRESHOLDS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 29 related entities
- Thresholds-Diplomat LLC · disregarded
- Thi-15 Inc · disregarded
- Thresholds Housing Inc · exempt
- Transitional Housing Inc · exempt
- Housing Associates Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE THRESHOLDS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE THRESHOLDS?
- THE THRESHOLDS (Illinois) receives grants from 161 organizations whose IRS filings report $36,014,724 to it, the largest being REBECCA SUSAN BUFFETT FOUNDATION ($17,229,596). 97 of them have funded it in more than one year.
- How many funders does THE THRESHOLDS have?
- IRS filings report 161 organizations giving $36,014,724 in grants to THE THRESHOLDS, 97 of which have funded it in more than one year.
- Who is the largest funder of THE THRESHOLDS?
- REBECCA SUSAN BUFFETT FOUNDATION is the largest funder on record, with $17,229,596 in grants. The full list of funders is on this page.
- How can an organization like THE THRESHOLDS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 161 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing