B E D S Inc

Organization Overview

B E D S Inc is located in La Grange, IL. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, B E D S Inc employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. B E D S Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, B E D S Inc generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $4.7m during the year ending 06/2022. While expenses have increased by 29.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP VULNERABLE INDIVIDUALS STABILIZE THEIR LIVES THROUGH HOUSING AND SUPPORTIVE SERVICES. AS DESCRIBED EARLIER, BEDS PROVIDES HOMELESSNESS PREVENTION AND STABILIZATION, EMERGENCY, AND REHOUSING SERVICES. IT ANNUALLY REACHES MORE THAN 1200 INDIVIDUALS, 84 PERCENT OF WHOM REGAIN HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT AND SHELTER THROUGH HOUSING AND SUPPORTIVE SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Valantine
Vice President
$0
Dawn Mcmillin
Treasurer
$0
Mark Harris
Secretary
$0
Mark Rudzinski
President
$0
Rick Rius
Director
$0
Mark Laubacher
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,482,885
All other contributions, gifts, grants, and similar amounts not included above$1,548,504
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,031,389
Total Program Service Revenue$13,184
Investment income $6,855
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $26,790
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $35,099
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,113,317

Grants Recieved

Over the last fiscal year, we have identified 6 grants that B E D S Inc has recieved totaling $405,580.

Awarding OrganizationAmount
Housing Forward

Maywood, IL

PURPOSE: GENERAL ASSISTANCE

$289,820
Alliance To End Homelessness In Suburban Cook County

Hillside, IL

PURPOSE: GENERAL ASSISTANCE

$66,356
United Way Of Metropolitan Chicago Inc

Chicago, IL

PURPOSE: PROGRAM SUPPORT

$34,330
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$7,500
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$7,051
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$523
View Grant Recipient Profile

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