Bethesda FY2023 filing

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Serving others together in faith, community, and life.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-0693843) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$887K 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $6.0M a year · 16% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
89% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$887K
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
6.5 mo
of spending, in cash
6.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $2.1M
4 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$43.2M
50% of total assets
Liabilities are 50% of assets.
Pt X · Ln 26
Independent board members
12
of 12 voting members
12 of 12 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$40.9M
+32% vs prior year
Spent
$30.8M
To programs
89%
Net assets
$42.7M
By yearFY2020–FY2025
Revenue
$40.9M
FY2023▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$29.4M
FY2021$31.6M
FY2022$30.9M
FY2023$40.9M
FY2024$42.7M
FY2025$50.5M
Expenses
$30.8M
FY2023▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$26.5M
FY2021$24.8M
FY2022$28.6M
FY2023$30.8M
FY2024$37.7M
FY2025$41.7M
Net assets
$42.7M
FY2023▲ +29%
Tap a bar for its year
Net assets by fiscal year
FY2020$20.8M
FY2021$28.5M
FY2022$33.0M
FY2023$42.7M
FY2024$47.8M
FY2025$55.8M

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

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 Jun 1984.

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% · $27.4M Management & general 11% · $3.4M

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

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Who runs it and what they're paid

18 people listed on the 990; $887K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$310,782Pt VII · Sec A
COO/Administrator
$161,531Pt VII · Sec A
Administrator
$117,228Pt VII · Sec A
$109,300Pt VII · Sec A
$102,493Pt VII · Sec A
Finance Director
$86,001Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Michelle Haefner’s $299K as CEO is at the 45th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michelle Haefner$299,077$319,864$310,782$301,782$284,743$261,432
Ashley Bormann—$11,795$161,531$172,509$126,087$122,962
Sam Quam$142,225$131,598$117,228$111,828——
Baillee Krieger$135,815$114,318————
Crystal Moran$122,958$108,257$102,493———
Joann Woltjier———$119,368——
Kristin Rucks$118,009—————
Virginia Erickson————$116,424—

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.

See Bethesda 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 15aYes

Programs and updates

Offers housing and nursing care for elderly and disabled individuals.

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3 programs · $26.7M · in their own filed words · FY2022
01

Bethesda is located in willmar, minnesota. It operates exclusively to promote health, religious, and general social welfare of physically and mentally disadvantaged persons, primarily the elderly. Services are provided through grand, park view village, home health, and day break services.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-0693843) · Dispute this line
$22.5Mprogram expense
02

North pointe is a 70 unit independent, enhanced assisted living and enhanced memory care living facility in new london, MN. A needs of the area's aging community through individualized living options, health and wellness services and modern amenities. For the year ended sept 30,2023 north pointe had an average of 68 tenants and 97.8%.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-0693843) · Dispute this line
$2.6Mprogram expense
03

Home health services provides in-home health care, while day break services provides daily health care support to individuals who need help but remain in the community. Home health provides in-home skilled nursing, home health aide, homemaker services, physical therapy, speech therapy, and occupational therapy.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-0693843) · Dispute this line
$1.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Sunrise VillageFY2024$1.7M
Total grants receivedfrom 4 funders$2.1M
See all 4 funders →
Grants paid · 1 grant · $162K · 2020–2020
Sunrise VillageMN · FY2020$161,989

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2025 · $23.6M federal money spent
Community Facilities Loans and GrantsDepartment of Agriculture · ALN 10.766 · Direct$23.6M

The auditor reported: a material weakness in money controls.

Year ending Sep 2024 · $23.8M federal money spent
Community Facilities Loans and GrantsDepartment of Agriculture · ALN 10.766 · Direct$23.8M

The auditor reported: a material weakness in money controls.

Year ending Sep 2023 · $24.9M federal money spent
Community Facilities Loans and GrantsDepartment of Agriculture · ALN 10.766 · Direct$24.2M
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$646K

The auditor reported no findings.

Year ending Sep 2021 · $1.2M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$1.2M

The auditor reported: a weakness in money controls.

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$40.9M
Ln 12
Fees for servicesLn 2g$33.7M
Gifts and grantsLn 1h$6.5M
Investment incomeLn 3$372K
Money outPt IX
$30.8M
Ln 25
Programscol B$27.4M
Managementcol C$3.4M
Owns and owesPt X
$42.7M
net assets · Ln 32
Cash and savingsLn 1–2$16.6M
Total assetsLn 16$85.8M
LiabilitiesLn 26$43.2M
PeoplePt VI, VII
18
listed · VII A
PaidVII A6
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.5M
Government grantsLn 1e$5.4M
Fees for servicesLn 2g$33.7M
Investment incomeLn 3$372K
Other incomeLn 4–11$296K
Gains on assetsLn 7−$23K
Total revenueLn 12$40.9M
Assets in detailPt X, end of year
SavingsLn 2$16.6M
Cash and savings togetherLn 1–2$16.6M
Accounts receivableLn 4$2.5M
Prepaid expenses and deferred chargesLn 9$87K
Land, buildings, equipmentLn 10c$50.1M
InvestmentsLn 11–13$5.8M
Other assetsLn 15$10.7M
Total assetsLn 16$85.8M
LiabilitiesLn 26$43.2M
Net assetsLn 32$42.7M
OperationsPt I, VI
EmployeesI 5945
VolunteersI 672
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$614K
Bond issues listedSch K Pt I1
Raised by those issuesSch K Pt I$2.0M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$13.1M$16.6M
InvestmentsLn 11–13$6.3M$5.8M
Land, buildings, equipmentLn 10c$48.3M$50.1M
Total assetsLn 16$74.9M$85.8M
LiabilitiesLn 26$41.8M$43.2M
Net assetsLn 32$33.0M$42.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$722K$722K
Other salaries and wagesLn 7$16.2M$15.2M$981K
Pension plan contributionsLn 8$214K$192K$22K
Other employee benefitsLn 9$2.2M$1.9M$218K
Payroll taxesLn 10$1.2M$1.1M$126K
Legal feesLn 11b$21K$21K
Accounting feesLn 11c$508K$508K
Investment management feesLn 11f$22K$22K
Other fees for servicesLn 11g$931K$910K$21K
Advertising and promotionLn 12$243K$234K$9K
Office expensesLn 13$661K$294K$367K
Information technologyLn 14$52K$52K
OccupancyLn 16$1.1M$986K$101K
TravelLn 17$16K$16K
Conferences, conventions and meetingsLn 19$113K$113K
InterestLn 20$941K$907K$34K
Depreciation, depletion and amortizationLn 22$1.8M$1.8M$66K
InsuranceLn 23$283K$272K$10K
Other expenses (24a–d)Ln 24$3.5M$3.4M$27K
All other expensesLn 24e$108K$108K
Total functional expensesLn 25$30.8M$27.4M$3.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 20, 2026 $50.5M$41.7M$8.8M$55.8M 990 PDF
FY2024Filed with the IRS Jul 17, 2025 $42.7M$37.7M$5.0M$47.8M 990 PDF
FY2023 ViewingFiled with the IRS Jul 17, 2024 $40.9M$30.8M$10.1M$42.7M 990 PDF
FY2022Filed with the IRS Aug 15, 2023 $30.9M$28.6M$2.3M$33.0M 990 PDF
FY2021Filed with the IRS Aug 11, 2022 $31.6M$24.8M$6.8M$28.5M 990 PDF
FY2020Filed with the IRS Aug 11, 2021 $29.4M$26.5M$2.8M$20.8M 990 PDF

Schedules filed Part IV

A · Public support I · Grants J · Pay O · Explanations
See the full FY2023 990
Part I · Summary $40,921,531 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,279,228$6,516,986
I-9 Program service revenuePrior year $29,276,148$33,736,875
I-10 Investment incomePrior year $200,193$371,906
I-11 Other revenuePrior year $140,609$295,764
I-12 Total revenuePrior year $30,896,178$40,921,531
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 $19,698,380$20,520,928
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,946,347$10,281,613
I-18 Total expensesPrior year $28,644,727$30,802,541
I-19 Revenue less expensesPrior year $2,251,451$10,118,990
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $40,921,531 across 9 lines filed
Lines not itemized here account for −$1,535 of total revenue; see the IRS return.
VIII-1d Related organizations$928,514
VIII-1e Government grants$5,429,986
VIII-1f All other contributions, gifts and grants$158,486
VIII-1h Total contributions, gifts and grants$6,516,986
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,736,875$33,736,875
VIII-3 Investment incomeExcluded from tax $395,078$395,078
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$23,172−$23,172
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $19,933 · Excluded from tax $277,366$297,299
VIII-12 Total revenueRelated to mission $33,736,875 · Unrelated business $19,457 · Excluded from tax $648,213$40,921,531
Part IX · Statement of functional expenses $30,802,541 across 20 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $721,561$721,561
IX-7 Other salaries and wagesPrograms $15,191,723 · Management $980,513$16,172,236
IX-8 Pension plan contributionsPrograms $192,191 · Management $21,533$213,724
IX-9 Other employee benefitsPrograms $1,946,771 · Management $218,116$2,164,887
IX-10 Payroll taxesPrograms $1,122,730 · Management $125,790$1,248,520
IX-11b Legal feesManagement $21,470$21,470
IX-11c Accounting feesManagement $508,335$508,335
IX-11f Investment management feesManagement $22,337$22,337
IX-11g Other fees for servicesPrograms $910,241 · Management $20,823$931,064
IX-12 Advertising and promotionPrograms $233,879 · Management $8,727$242,606
IX-13 Office expensesPrograms $294,409 · Management $366,595$661,004
IX-14 Information technologyManagement $51,556$51,556
IX-16 OccupancyPrograms $985,711 · Management $101,471$1,087,182
IX-17 TravelPrograms $16,173$16,173
IX-19 Conferences, conventions and meetingsManagement $113,357$113,357
IX-20 InterestPrograms $907,386 · Management $33,857$941,243
IX-22 Depreciation, depletion and amortizationPrograms $1,764,023 · Management $65,820$1,829,843
IX-23 InsurancePrograms $272,370 · Management $10,163$282,533
IX-24 Other expenses (24a–d)Programs $3,437,680 · Management $27,455$3,465,135
IX-24e All other expensesPrograms $107,775$107,775
IX-25 Total functional expensesPrograms $27,383,062 · Management $3,419,479 · Fundraising $0$30,802,541
Part X · Balance sheet $85,805,822 assets, 19 lines filed
X-2 Savings and temporary cash investmentsStart of year $13,129,983$16,585,490
X-4 Accounts receivableStart of year $1,691,819$2,518,114
X-9 Prepaid expenses and deferred chargesStart of year $505,117$87,407
X-10c Land, buildings and equipment, netStart of year $48,313,381$50,134,914
X-11 Publicly traded securitiesStart of year $3,515,459$3,832,043
X-12 Other securitiesStart of year $342,800$342,800
X-13 Program-related investmentsStart of year $2,412,944$1,606,055
X-15 Other assetsStart of year $4,976,652$10,698,999
X-16 Total assetsStart of year $74,888,155$85,805,822
X-17 Accounts payable and accrued expensesStart of year $1,950,038$2,843,481
X-19 Deferred revenueStart of year $410,824$724,891
X-20 Tax-exempt bond liabilitiesStart of year $730,752$614,236
X-21 Escrow or custodial accountsStart of year $74,050$83,576
X-23 Secured mortgages and notes payableStart of year $38,495,744$38,631,348
X-25 Other liabilitiesStart of year $180,265$254,646
X-26 Total liabilitiesStart of year $41,841,673$43,152,178
X-27 Net assets without donor restrictionsStart of year $33,046,482$42,653,644
X-32 Total net assets or fund balancesStart of year $33,046,482$42,653,644
X-33 Total liabilities and net assetsStart of year $74,888,155$85,805,822
Part XI · Reconciliation of net assets $42,653,644 net assets at year end
XI-1 Total revenue$40,921,531
XI-2 Total expenses$30,802,541
XI-3 Revenue less expenses$10,118,990
XI-4 Net assets at start of year$33,046,482
XI-5 Net unrealized gains (losses) on investments$370,657
XI-9 Other changes in net assets−$882,485
XI-10 Net assets at end of year$42,653,644

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

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