Burrell Housing Options Corporation
Nonprofit profile at a glance
- EIN
- 830404999
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Springfield, MO, USA
- Phone
- 4177615000
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Residential Mental Health Treatment
Reported finances
- Revenue
- $108,780
- Expenses
- $163,929
- Assets
- $1,149,295
- Liabilities
- $33,780
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- CJ DAVIS (PRESIDENT AND CEO)
- MICHAEL SCHWEND (PRESIDENT AND CEO - PFH)
Highest reported compensation
- CJ DAVIS (PRESIDENT AND CEO): $1,276,961 total reported compensation
- MICHAEL SCHWEND (PRESIDENT AND CEO - PFH): $1,017,877 total reported compensation
- JENNIFER GAGNON (CHIEF FINANCIAL OFFICER): $622,275 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide low-income housing to persons with mental health conditions/ disabilities, on a charitable basis.
What it reported doing in 2024
Burrell housing options corporation (bhoc) provides housing for qualified persons with mental health conditions/ disabilities. Bhoc opened in january 2008, and operates a 15 unit, one-bedroom, low-income apartment complex for disabled persons over 18 years of age, located in springfield, Missouri. In addition to 15 one-bedroom apartments, the facility includes common areas and a manager/case worker office space. Bhoc is regulated by hud, and sponsored through common board membership by burrell, inc., a regional community mental health center incorporated in 1976. Bhoc's revenue is earned through rental income, largely subsidized by section 8 housing assistance programs. A comprehensive range of mental and substance abuse services, education and support are offered and provided to tenants by burrell, inc.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 69
- Accountability: 91
- Sustainability: 32
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 78.5%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -50.7%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 7.01; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 514.4%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 0.7% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 78.5% of spending went to programs
- Governance: 13 of 13 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $129K in reported program spending
- Leadership: top reported pay $1.3M · 20 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 22 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 5/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.