Bethany Manor INC FY2020 filing

Tax-deductible

Story City, IA501(c)(3)Since 1914Health CareEIN 42-0685073Revenue $18.1M in FY2020

On file with the IRSbethanylife.org212 Lafayette Ave, 50248-1454 · Story City, IATax-exempt since Feb 1965Publicly supported — 509(a)(2)

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Help elders thrive in their life journey, living in a christian environment of hope & compassion.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$320K 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

FY2020 · 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 deficit $466K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$320K
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
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $96K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$32.0M
90% of total assets
Concern: liabilities are 90% 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
$18.1M
Spent
$17.6M
To programs
88%
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$18.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$18.1M
FY2021$20.2M
FY2022$16.9M
FY2023$19.7M
FY2024$21.0M
Expenses
$17.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$17.6M
FY2021$17.5M
FY2022$19.0M
FY2023$22.4M
FY2024$21.6M
Net assets
$3.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$6.2M
FY2022$3.4M
FY2023−$3.9M
FY2024−$4.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1965.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $15.4M Management & general 12% · $2.2M

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

11 people listed on the 990; $320K paid to officers and key staff.

Part VII, Section A · reportable compensation
$194,103Pt VII · Sec A
Director of Rehabilitation
$126,248Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kimberly Schilling’s $171K as CEO is at the 13th 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

NameFY2024FY2023FY2022FY2021FY2020
Betsy Warburton———$199,520$194,103
Kimberly Schilling$170,865$179,730$117,421——
Austin Mortvedt$157,498$138,633$152,460——
Heather Mortvedt$141,927————
Erin Hoversten-Majewski———$141,127$126,248
Albert Gwion$134,082$106,232$137,421——
Heather Uthoff—$129,569———
Tara O'Connell—$122,612———

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

Supports elders living in a Christian environment, fostering hope and compassion.

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Provided by the organization

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3 programs · $15.4M · in their own filed words · FY2020
01

Provided skilled nursing and nursing facility levels of care for approx 50,000 bed days within the households of bethany. The households of bethany consist of 9 households, designed to feel like home each with a living area, dining room and kitchen. 2 of the 9 households provided memory care.

$15.4Mprogram expense
02

The lifechoices at bethany program provided services to members that focused on wellness and independence. Each member has a personal advocate that provided them with access to the following services as needed: wellness and education, home and commmunity-based services, hospitality and enironmental services and nursing home and assisted…

Pt IX · col B
03

Timberland village consists of 24 assisted living units and 36 independent living units. Provided residents with assisted living services, meals, transportation, activities and chaplain services. Also provided independent living through the twin homes which are made up of 12 units.

Pt IX · col B

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 2 funders$96K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$18.1M
Ln 12
Fees for servicesLn 2g$17.4M
Gifts and grantsLn 1h$587K
Investment incomeLn 3$121K
Money outPt IX
$17.6M
Ln 25
Programscol B$15.4M
Managementcol C$2.2M
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$8.3M
Total assetsLn 16$35.5M
LiabilitiesLn 26$32.0M
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$587K
Government grantsLn 1e$467K
Fees for servicesLn 2g$17.4M
Investment incomeLn 3$121K
Total revenueLn 12$18.1M
Assets in detailPt X, end of year
CashLn 1$5.2M
SavingsLn 2$3.1M
Cash and savings togetherLn 1–2$8.3M
Land, buildings, equipmentLn 10c$25.1M
Other assetsLn 15$749K
Total assetsLn 16$35.5M
LiabilitiesLn 26$32.0M
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 5412
VolunteersI 670
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$4.7M$8.3M
Land, buildings, equipmentLn 10c$26.5M$25.1M
Total assetsLn 16$33.2M$35.5M
LiabilitiesLn 26$30.3M$32.0M
Net assetsLn 32$2.9M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$194K$194K
Other salaries and wagesLn 7$8.6M$7.7M$824K
Other employee benefitsLn 9$795K$687K$108K
Payroll taxesLn 10$635K$562K$73K
Other fees for servicesLn 11g$2.1M$1.6M$455K
Advertising and promotionLn 12$160K$160K
OccupancyLn 16$718K$610K$108K
InterestLn 20$713K$713K
Depreciation, depletion and amortizationLn 22$1.7M$1.7M
InsuranceLn 23$187K$82K$105K
Other expenses (24a–d)Ln 24$1.9M$1.7M$167K
Total functional expensesLn 25$17.6M$15.4M$2.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $21.0M$21.6M−$595K−$4.3M 990 PDF
FY2023 $19.7M$22.4M−$2.8M−$3.9M 990 PDF
FY2022 $16.9M$19.0M−$2.1M$3.4M 990 PDF
FY2021 $20.2M$17.5M$2.7M$6.2M 990 PDF
FY2020 Viewing $18.1M$17.6M$446K$3.5M 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 FY2020 990 (6 parts)
Part I · Summary $18,084,669 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $161,166$586,969
I-9 Program service revenuePrior year $16,192,281$17,377,088
I-10 Investment incomePrior year $102,349$120,612
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $16,455,796$18,084,669
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 $9,649,035$10,185,781
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $7,248,272$7,452,868
I-18 Total expensesPrior year $16,897,307$17,638,649
I-19 Revenue less expensesPrior year −$441,511$446,020
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $18,084,669 across 6 lines filed
VIII-1e Government grants$466,624
VIII-1f All other contributions, gifts and grants$120,345
VIII-1h Total contributions, gifts and grants$586,969
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,377,088$17,377,088
VIII-3 Investment incomeExcluded from tax $120,612$120,612
VIII-12 Total revenueRelated to mission $17,377,088 · Unrelated business $0 · Excluded from tax $120,612$18,084,669
Part IX · Statement of functional expenses $17,638,649 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $194,103$194,103
IX-7 Other salaries and wagesPrograms $7,737,779 · Management $823,730$8,561,509
IX-9 Other employee benefitsPrograms $687,399 · Management $108,088$795,487
IX-10 Payroll taxesPrograms $561,994 · Management $72,688$634,682
IX-11g Other fees for servicesPrograms $1,626,887 · Management $454,669$2,081,556
IX-12 Advertising and promotionManagement $159,900$159,900
IX-16 OccupancyPrograms $609,640 · Management $107,999$717,639
IX-20 InterestPrograms $713,144$713,144
IX-22 Depreciation, depletion and amortizationPrograms $1,721,382$1,721,382
IX-23 InsurancePrograms $81,820 · Management $105,418$187,238
IX-24 Other expenses (24a–d)Programs $1,704,970 · Management $167,039$1,872,009
IX-25 Total functional expensesPrograms $15,445,015 · Management $2,193,634 · Fundraising $0$17,638,649
Part X · Balance sheet $35,482,964 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,802,890$5,161,076
X-2 Savings and temporary cash investmentsStart of year $2,857,176$3,105,713
X-4 Accounts receivableStart of year $1,242,154$1,023,679
X-8 Inventories for sale or useStart of year $59,949$73,799
X-9 Prepaid expenses and deferred chargesStart of year $172,151$234,109
X-10c Land, buildings and equipment, netStart of year $26,488,188$25,135,259
X-15 Other assetsStart of year $548,047$749,329
X-16 Total assetsStart of year $33,170,555$35,482,964
X-17 Accounts payable and accrued expensesStart of year $1,254,967$1,784,529
X-19 Deferred revenueStart of year $4,842,228$4,917,950
X-26 Total liabilitiesStart of year $30,285,112$32,000,400
X-27 Net assets without donor restrictionsStart of year $2,885,443$3,482,564
X-32 Total net assets or fund balancesStart of year $2,885,443$3,482,564
X-33 Total liabilities and net assetsStart of year $33,170,555$35,482,964
Part XI · Reconciliation of net assets $3,482,564 net assets at year end
XI-1 Total revenue$18,084,669
XI-2 Total expenses$17,638,649
XI-3 Revenue less expenses$446,020
XI-4 Net assets at start of year$2,885,443
XI-5 Net unrealized gains (losses) on investments$151,101
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,482,564

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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