Bethany Home INC FY2023 filing

Tax-deductible

Waupaca, WI501(c)(3)Since 1961EIN 39-0868849

Bethany is a faith-based, non-profit senior living community proving a nurturing christian environment and continuum of care that responds to individual needs and choices at all life stages.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$284K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $15K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$284K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23.9M
99% of total assets
Concern: liabilities are 99% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.0M
+5% vs prior year
Spent
$13.5M
To programs
92%
Net assets
$145K
By yearFY2020–FY2024
Revenue
$13.0M
FY2023▲ +5%
Revenue by fiscal year
FY2020$13.1M
FY2021$15.1M
FY2022$12.3M
FY2023$13.0M
FY2024$14.2M
FY2024$17.2M
Expenses
$13.5M
FY2023▲ +3%
Expenses by fiscal year
FY2020$12.9M
FY2021$13.4M
FY2022$13.1M
FY2023$13.5M
FY2024$14.9M
FY2024$17.4M
Net assets
$145K
FY2023▼ -76%
Net assets by fiscal year
FY2020−$381K
FY2021$1.5M
FY2022$614K
FY2023$145K
FY2024−$482K
FY2024−$668K

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

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1961.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $12.4M Management & general 8% · $1.1M

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

Who runs it and what they're paid

12 people listed on the 990; $284K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Administrator/CEO
$173,947Pt VII · Sec A
Human Resource Director
$75,736Pt VII · Sec A
Finance Director
$34,194Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Shelly Sontag—$152,935$173,947$173,090$177,104$89,619
Greg Reichenbach$132,409$105,365————
Shannon Schuelke$100,767—————
Michele Slater$84,007$80,182————
Kerry Lee Blanke———$77,196$64,260$47,445
Michele Mazemke——$75,736$71,861——
Sheila Nelson-Seybold—$34,598————
Cindy Zarda——$34,194———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Offers a Christian home for elderly and infirm individuals needing care.

Provided by the organization

This section is blank until Bethany Home INC claims this page.

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3 program services account for $12.4M of program spending, described in the organization's own filed words · FY2022.
01

Nursing Home

Bethany home, inc. Operates a 100 bed nursing home to provide long-term care services to residents of waupaca county and the immediate surrounding area. Bethany home, inc. Membership consists of 32 church congregations from waupaca, the surrounding rural areas, and several neighboring communities.

$8.6Mprogram expense
02

Bethany Pines Apartments

Bethany home, inc. Also operates the pines, a 40-UNIT apartment building that provides supportive living services and assisted living services to residents of waupaca county and the immediate surrounding area. As of september 30, 2023, the pines had 30 apartments rented as a registered residential care apartment complex (rcac).

$2.1Mprogram expense
03

Heartwood

Community-based residnetail facility (CBRF): bethany home, inc. Also operates heartwood, a 49 -bed building that provides supportive living services and assisted living to residents of waupaca county and the immediate surrounding area.

$1.6Mprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$13.0M
Ln 12
Fees for servicesLn 2g$12.3M
Gifts and grantsLn 1h$619K
Other incomeLn 4–11$12K
Money outPt IX
$13.5M
Ln 25
Programscol B$12.4M
Managementcol C$1.1M
Owns and owesPt X
$145K
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$24.1M
LiabilitiesLn 26$23.9M
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$619K
Government grantsLn 1e$566K
Fees for servicesLn 2g$12.3M
Investment incomeLn 3$8K
Other incomeLn 4–11$12K
Total revenueLn 12$13.0M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$248K
Land, buildings, equipmentLn 10c$19.9M
Other assetsLn 15$257K
Total assetsLn 16$24.1M
LiabilitiesLn 26$23.9M
Net assetsLn 32$145K
OperationsPt I, VI
EmployeesI 5324
VolunteersI 69
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$2.9M$2.6M
InvestmentsLn 11–13$223K$248K
Land, buildings, equipmentLn 10c$21.0M$19.9M
Total assetsLn 16$25.3M$24.1M
LiabilitiesLn 26$24.7M$23.9M
Net assetsLn 32$614K$145K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$373K$335K$38K
Other salaries and wagesLn 7$5.4M$4.9M$555K
Pension plan contributionsLn 8$114K$102K$12K
Other employee benefitsLn 9$686K$616K$70K
Payroll taxesLn 10$449K$403K$46K
Legal feesLn 11b$830$830
Accounting feesLn 11c$103K$103K
Investment management feesLn 11f$934$934
Other fees for servicesLn 11g$347K$347K
Advertising and promotionLn 12$43K$43K
Office expensesLn 13$384K$384K
Information technologyLn 14$113K$113K
OccupancyLn 16$379K$379K
TravelLn 17$17K$16K$599
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$567K$567K
Depreciation, depletion and amortizationLn 22$1.4M$1.3M$69K
InsuranceLn 23$192K$192K
Other expenses (24a–d)Ln 24$2.3M$2.3M
All other expensesLn 24e$531K$483K$48K
Total functional expensesLn 25$13.5M$12.4M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $14.2M$14.9M−$685K−$482K 990 PDF
FY2023 Viewing $13.0M$13.5M−$495K$145K 990 PDF
FY2022 $12.3M$13.1M−$784K$614K 990 PDF
FY2021 $15.1M$13.4M$1.8M$1.5M 990 PDF
FY2020 $13.1M$12.9M$246K−$381K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $12,959,160 across 7 lines filed
Lines not itemized here account for $62,513 of total revenue; see the IRS return.
VIII-1e Government grants$566,166
VIII-1f All other contributions, gifts and grants$52,956
VIII-1h Total contributions, gifts and grants$619,122
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $12,257,836$12,257,836
VIII-3 Investment incomeExcluded from tax $7,702$7,702
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $11,987$11,987
VIII-12 Total revenueRelated to mission $12,320,349 · Unrelated business $0 · Excluded from tax $19,689$12,959,160
Part IX · Statement of functional expenses $13,453,838 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $334,952 · Management $38,050$373,002
IX-7 Other salaries and wagesPrograms $4,887,820 · Management $555,255$5,443,075
IX-8 Pension plan contributionsPrograms $102,010 · Management $11,588$113,598
IX-9 Other employee benefitsPrograms $615,858 · Management $69,961$685,819
IX-10 Payroll taxesPrograms $403,282 · Management $45,813$449,095
IX-11b Legal feesManagement $830$830
IX-11c Accounting feesManagement $102,768$102,768
IX-11f Investment management feesManagement $934$934
IX-11g Other fees for servicesPrograms $346,918$346,918
IX-12 Advertising and promotionPrograms $42,570$42,570
IX-13 Office expensesPrograms $383,987$383,987
IX-14 Information technologyManagement $113,174$113,174
IX-16 OccupancyPrograms $379,285$379,285
IX-17 TravelPrograms $16,312 · Management $599$16,911
IX-19 Conferences, conventions and meetingsManagement $2,646$2,646
IX-20 InterestPrograms $567,166$567,166
IX-22 Depreciation, depletion and amortizationPrograms $1,314,743 · Management $69,197$1,383,940
IX-23 InsurancePrograms $191,506$191,506
IX-24 Other expenses (24a–d)Programs $2,325,529$2,325,529
IX-24e All other expensesPrograms $482,813 · Management $48,272$531,085
IX-25 Total functional expensesPrograms $12,394,751 · Management $1,059,087 · Fundraising $0$13,453,838
Part X · Balance sheet $24,075,811 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $268,589$1,528,420
X-2 Savings and temporary cash investmentsStart of year $2,661,625$1,059,897
X-4 Accounts receivableStart of year $934,669$973,310
X-8 Inventories for sale or useStart of year $38,581$32,910
X-9 Prepaid expenses and deferred chargesStart of year $71,753$54,132
X-10c Land, buildings and equipment, netStart of year $21,037,857$19,922,100
X-11 Publicly traded securitiesStart of year $222,958$247,976
X-15 Other assetsStart of year $45,000$257,066
X-16 Total assetsStart of year $25,281,032$24,075,811
X-17 Accounts payable and accrued expensesStart of year $981,500$796,005
X-25 Other liabilitiesStart of year $394,082$456,108
X-26 Total liabilitiesStart of year $24,666,877$23,930,383
X-27 Net assets without donor restrictionsStart of year $407,138−$58,373
X-28 Net assets with donor restrictionsStart of year $207,017$203,801
X-32 Total net assets or fund balancesStart of year $614,155$145,428
X-33 Total liabilities and net assetsStart of year $25,281,032$24,075,811
Part XI · Reconciliation of net assets $145,428 net assets at year end
XI-1 Total revenue$12,959,160
XI-2 Total expenses$13,453,838
XI-3 Revenue less expenses−$494,678
XI-4 Net assets at start of year$614,155
XI-5 Net unrealized gains (losses) on investments$25,951
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$145,428

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

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