Illinois · Nonprofit
THRESHOLDS HOUSING INC
THRESHOLDS HOUSING INC (Illinois) receives grants from 5 organizations whose IRS filings report $398,248 to it, the largest being UNITED WAY OF METROPOLITAN CHICAGO INC ($384,708). 1 of them have funded it in more than one year.
- Revenue FY2025
- $184k
- Funders on record
- 5
- Grants received
- $398k
- Net assets
- $107k
What Thresholds Housing Inc does
Mission
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.
As stated on its FY2025 Form 990.
Program
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. The project owns and operates a 12-unit apartment building in chicago, illinois known as jacqueline terrace, which is subject to federally insured first mortgage loan obtained under the provisions of section 202 of the national housing act fha project no.071-eh086). The apartments generally are leased for one-year terms and are regulated by the u.s. Department of housing and urban development (hud) as to rents and operating methods. The project's activities are controlled by the board of directors of thresholds, a related nonprofit social service agency which provides rehabilitative services to former mental patients and also provides certain management, accounting, and administrative services and office facilities to the project for which a management fee is charged. The thresholds provides operating advances to the project.
$160,241 spent$183,495 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $160,241.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $398k to $858k (+115%).
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.
0% of THRESHOLDS HOUSING INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 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 → 2022: the base narrowed from 3 funders to 2 funders, grant income fell $178k → $50k.
From the IRS filings of THRESHOLDS HOUSING INC’s funders (the co-funder graph). 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
THRESHOLDS HOUSING INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% 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 THRESHOLDS HOUSING INC.
Largest funder’s share by year: 2017 93% · 2018 100% · 2021 100% · 2022 98% — 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.
Where its funders are
97% of THRESHOLDS HOUSING INC's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Against its field
THRESHOLDS HOUSING INC's revenue fell 27% between 2017 and 2025.
this organization peer median middle 50% of peers· 7,883 health nonprofits $100k–$1M, FY2025
Organizations like THRESHOLDS HOUSING INC
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
87% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 25 related entities
- The Thresholds · exempt
- Thresholds Housing Inc · exempt
- Transitional Housing Inc · exempt
- Housing Associates Inc · exempt
- Thi-4 Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THRESHOLDS HOUSING INC: 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 THRESHOLDS HOUSING INC?
- THRESHOLDS HOUSING INC (Illinois) receives grants from 5 organizations whose IRS filings report $398,248 to it, the largest being UNITED WAY OF METROPOLITAN CHICAGO INC ($384,708). 1 of them have funded it in more than one year.
- How many funders does THRESHOLDS HOUSING INC have?
- IRS filings report 5 organizations giving $398,248 in grants to THRESHOLDS HOUSING INC, 1 of which have funded it in more than one year.
- Who is the largest funder of THRESHOLDS HOUSING INC?
- UNITED WAY OF METROPOLITAN CHICAGO INC is the largest funder on record, with $384,708 in grants. The full list of funders is on this page.
- How can an organization like THRESHOLDS HOUSING INC 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.
Play a game about who funds Thresholds Housing →
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 5 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 14, 2026. What this page cannot tell you · view filing