The Battle Creek Community Foundation has quickly offered a short-term loan to Battle Creek's Haven of Rest homeless shelter, so that its employees can receive a paycheck they have been owed since August 18.

Some strings are attached to the loan, though.

The Haven consented to the terms and will accept the $50,000 short term loan in order to bridge a gap in cash flow. Executive Director at The Haven, Daniel Jones, who succeeded Elaine Hunsicker in August, said the amount will cover the payroll until other funds come through. He expects the organization can pay back the amount and maintain its overall financial commitments.

Annette Chapman, vice-president of grantmaking at the Battle Creek Community Foundation, tells 95.3 WBCK a consultant will be brought in to help The Haven analyze its financial situation and keep such a shortfall from happening again.

Jones said the organization has continually worked to manage financial fluctuations over recent months and years, but needs to examine programs and eliminate any which are not performing efficiently. He said three Haven employees quit their jobs after being told payroll would be delayed. The Haven has approximately 60 employees.

Click the player above to hear the full interview.


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