Beth-Anne Residences FY2023 filing

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The organization's mission is to provide housing for the low income elderly and disabled individuals.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $259K a year · 16% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10.5M
186% of total assets
Concern: liabilities are 186% of assets; over 80%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-0.5% vs prior year
Spent
$1.9M
To programs
89%
Net assets
−$4.9M
By yearFY2021–FY2025
Revenue
$1.6M
FY2023▼ -0.5%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.5M
FY2022$1.6M
FY2023$1.6M
FY2024$1.6M
FY2025$1.6M
Expenses
$1.9M
FY2023▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.7M
FY2022$1.9M
FY2023$1.9M
FY2024$1.9M
FY2025$2.0M
Net assets
−$4.9M
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2021−$4.3M
FY2022−$4.6M
FY2023−$4.9M
FY2024−$5.1M
FY2025−$5.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.7M Management & general 11% · $216K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Finance Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Beth-Anne Residences executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides housing for low-income elderly and disabled individuals.

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1 program · $1.7M · in their own filed words · FY2022
01

The organization's primary program is to provide an assisted living facility for low income elderly and disabled individuals pursuant to section 202 of the national housing act.

$1.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2019 · $11.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$11.3M

The auditor reported no findings.

Year ending Jun 2018 · $11.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$11.3M

The auditor reported no findings.

Year ending Jun 2017 · $11.3M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$11.3M

The auditor reported no findings.

Year ending Jun 2016 · $11.4M federal money spent
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$11.4M

The auditor reported no findings.

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$35
Money outPt IX
$1.9M
Ln 25
Programscol B$1.7M
Managementcol C$216K
Owns and owesPt X
−$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$38K
Total assetsLn 16$5.7M
LiabilitiesLn 26$10.5M
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$35
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$38K
Cash and savings togetherLn 1–2$38K
Land, buildings, equipmentLn 10c$4.7M
Other assetsLn 15$761K
Total assetsLn 16$5.7M
LiabilitiesLn 26$10.5M
Net assetsLn 32−$4.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1K$38K
Land, buildings, equipmentLn 10c$5.1M$4.7M
Total assetsLn 16$6.0M$5.7M
LiabilitiesLn 26$10.6M$10.5M
Net assetsLn 32−$4.6M−$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$432K$297K$135K
Other employee benefitsLn 9$67K$67K
Payroll taxesLn 10$22K$22K
Management feesLn 11a$94K$94K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$32K$32K
Advertising and promotionLn 12$175$175
Depreciation, depletion and amortizationLn 22$366K$366K
InsuranceLn 23$129K$129K
Other expenses (24a–d)Ln 24$692K$682K$10K
All other expensesLn 24e$44K$9K$35K
Total functional expensesLn 25$1.9M$1.7M$216K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Feb 5, 2026 $1.6M$2.0M−$363K−$5.5M 990 PDF
FY2024Filed with the IRS Jan 14, 2026 $1.6M$1.9M−$225K−$5.1M 990 PDF
FY2023 ViewingFiled with the IRS Jan 15, 2025 $1.6M$1.9M−$295K−$4.9M 990 PDF
FY2022Filed with the IRS Mar 29, 2023 $1.6M$1.9M−$262K−$4.6M 990 PDF
FY2021Filed with the IRS Mar 29, 2023 $1.5M$1.7M−$150K−$4.3M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $1,587,211 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,595,318$1,587,176
I-10 Investment incomePrior year $34$35
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,595,352$1,587,211
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $534,479$521,553
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,323,114$1,360,648
I-18 Total expensesPrior year $1,857,593$1,882,201
I-19 Revenue less expensesPrior year −$262,241−$294,990
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,587,211 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,587,176$1,587,176
VIII-3 Investment incomeExcluded from tax $35$35
VIII-12 Total revenueRelated to mission $1,587,176 · Unrelated business $0 · Excluded from tax $35$1,587,211
Part IX · Statement of functional expenses $1,882,201 across 11 lines filed
IX-7 Other salaries and wagesPrograms $296,988 · Management $135,399$432,387
IX-9 Other employee benefitsPrograms $67,470$67,470
IX-10 Payroll taxesPrograms $21,696$21,696
IX-11a Management feesPrograms $94,161$94,161
IX-11b Legal feesManagement $3,333$3,333
IX-11c Accounting feesManagement $31,750$31,750
IX-12 Advertising and promotionPrograms $175$175
IX-22 Depreciation, depletion and amortizationPrograms $365,707$365,707
IX-23 InsurancePrograms $129,271$129,271
IX-24 Other expenses (24a–d)Programs $682,314 · Management $9,908$692,222
IX-24e All other expensesPrograms $8,677 · Management $35,352$44,029
IX-25 Total functional expensesPrograms $1,666,459 · Management $215,742 · Fundraising $0$1,882,201
Part X · Balance sheet $5,655,168 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,359$37,815
X-4 Accounts receivableStart of year $33,245$21,870
X-9 Prepaid expenses and deferred chargesStart of year $77,707$87,883
X-10c Land, buildings and equipment, netStart of year $5,077,729$4,747,089
X-15 Other assetsStart of year $785,553$760,511
X-16 Total assetsStart of year $5,975,593$5,655,168
X-17 Accounts payable and accrued expensesStart of year $140,097$116,234
X-19 Deferred revenueStart of year $2,459$1,341
X-25 Other liabilitiesStart of year $38,213$37,759
X-26 Total liabilitiesStart of year $10,551,769$10,526,334
X-27 Net assets without donor restrictionsStart of year −$4,576,176−$4,871,166
X-32 Total net assets or fund balancesStart of year −$4,576,176−$4,871,166
X-33 Total liabilities and net assetsStart of year $5,975,593$5,655,168
Part XI · Reconciliation of net assets −$4,871,166 net assets at year end
XI-1 Total revenue$1,587,211
XI-2 Total expenses$1,882,201
XI-3 Revenue less expenses−$294,990
XI-4 Net assets at start of year−$4,576,176
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$4,871,166

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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