Bethany Manor EIN 22-1838178 Form 990 (PDF) Claim this org

Bethany Manor

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Provides affordable rental housing and services for senior citizens. For fiscal year 2025 it reported $368K in revenue, $94K in expenses, and $14.6M in net assets.Pt I

Type
Membership association · Housing
Location
Matawan, NJ
Filings
5 on file (2021–2025)
Revenue
$368KFY2025
Expenses
$94K
Net assets
$14.6M
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  22-1838178 Membership association Matawan, NJ
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides affordable rental housing and services for senior citizens.
Leadership
Paul Amey · President
Money in and out
$368K revenue, $94K expenses
Bottom line
+74% operating surplus
Membership & operating revenue · FY2025
Total revenue
$368K
Pt VIII · Ln 12
Total expenses
$94K
Pt IX · Ln 25
Net assets
$14.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $274K
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
+74%
revenue over expenses▲ +11% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
15%
of spending is salaries & benefits▼ -57% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$368K
FY2025▲ +50%
Expenses
$94K
FY2025▲ +15%
Total assets
$14.6M
FY2025▲ +2%
Total liabilities
$13K
FY2025▲ +58%
Total revenue
$368K
Pt VIII · Ln 12
Total expenses
$94K
Pt IX · Ln 25
Net assets
$14.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$274K
Total assetsPt X · Ln 16$14.6M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBethany Manor
EINHdr · item D22-1838178
Principal addressHdr · item CMatawan, NJ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFHousing (L22)
Ruling yearIRS BMFJan 1969

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $94K of program spending, described in the organization's own filed words · FY2024.
01

Entity Board meeting for determinations on future charitable senior citizen activities subsequent to sale of senior housing.

$94Kprogram expense

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Statement of Revenue

Part VIII
Investment income100%$368K
Total revenueLn 12$368K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$94K
Total functional expensesLn 25$94K

Balance Sheet

Part X · end of year
CashLn 1$14.6M
Total assetsLn 16$14.6M
Total liabilitiesLn 26$13K
Total net assetsLn 32$14.6M
Months of cash on handcomputed1862.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14.6M · Operating expenses/yr $94K
1862.1 months
Where the money goes
Program services
Program services $94K · Total expenses $94K
100%
Management & General
Management & general $0 · Total expenses $94K
0%
Fundraising
Fundraising $0 · Total expenses $94K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $368K
0%
Government reliance
Government grants — · Total revenue $368K
Earned-income share
Program service revenue $0 · Total revenue $368K
0%
Investment reliance
Investment income $368K · Total revenue $368K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $94K
0%
Growth & trend
Revenue growth (YoY)
This year $368K · Prior year $246K
+50%
Net-asset trend (YoY)
End of year $14.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $368K · Expenses $94K
+74%
Liabilities-to-Assets
Total liabilities — · Total assets $14.6M
Net-asset ratio
Net assets $14.6M · Total assets $14.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $14.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Paul Amey · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $94K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $14K · Total expenses $94K
15%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Revenue growth 50%
Legal fee ratio 24%
Accounting fee ratio 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$368K revenue · viewing · ⤓ 990 PDF
FY2024$246K revenue · ⤓ 990 PDF
FY2023$211K revenue · ⤓ 990 PDF
FY2022$13.2M revenue · ⤓ 990 PDF
FY2021$-564K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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