Bluestem Development INC EIN 46-1982247

Bluestem Development INC FY2020 filing

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Develops and manages affordable housing for the elderly. For fiscal year 2020 it reported $300K in revenue, $339K in expenses, and $476K in net assets.Pt I

Type
Supporting organization · Housing
Location
North Newton, KS
Website
www.bluestemks.org
Filings
5 on file (2020–2020)
Revenue
$300KFY2020
Expenses
$339K
Net assets
$476K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1982247 Supporting organization North Newton, KS
Form 990 (PDF)
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Size
$100K–1M
What they do
Develops and manages affordable housing for the elderly.
Leadership
James Krehbiel · President/CEO
Money in and out
$300K revenue, $339K expenses
Bottom line
-13% net inflow
Money in and out · FY2020
Total revenue
$300K
Pt VIII · Ln 12
Total expenses
$339K
Pt IX · Ln 25
Net assets
$476K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$40K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Net inflow
-13%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
94%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$300K
FY2020
Expenses
$339K
FY2020
Total assets
$5.3M
FY2020
Total liabilities
$4.8M
FY2020
Total revenue
$300K
Pt VIII · Ln 12
Total expenses
$339K
Pt IX · Ln 25
Net assets
$476K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$40K
Total assetsPt X · Ln 16$5.3M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $319K of program spending, described in the organization's own filed words · FY2020.
01

Bluestem communities mission is to have a positive impact on quality of life by promoting lifelong wellness, purpose, choice, genuine connection, and personalized care with christian compassion.

$319Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBluestem Development INC
EINHdr · item D46-1982247
Principal addressHdr · item CNorth Newton, KS
WebsiteHdr · item Jwww.bluestemks.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFMay 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$300K
Investment income$235
Total revenueLn 12$300K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$319K
Management & general6%$21K
Total functional expensesLn 25$339K

Balance Sheet

Part X · end of year
CashLn 1$559K
Total assetsLn 16$5.3M
Total liabilitiesLn 26$4.8M
Total net assetsLn 32$476K
Months of cash on handcomputed19.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $559K · Operating expenses/yr $339K
19.8 months
Where the money goes
Program services
Program services $319K · Total expenses $339K
94%
Management & General
Management & general $21K · Total expenses $339K
6%
Fundraising
Fundraising $0 · Total expenses $339K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $300K
0%
Government reliance
Government grants — · Total revenue $300K
Earned-income share
Program service revenue $300K · Total revenue $300K
100%
Investment reliance
Investment income $235 · Total revenue $300K
+0.08%
Program self-sufficiency
Program service revenue $300K · Total expenses $339K
88%
Growth & trend
Revenue growth (YoY)
This year $300K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $476K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $300K · Expenses $339K
-13%
Liabilities-to-Assets
Total liabilities — · Total assets $5.3M
Net-asset ratio
Net assets $476K · Total assets $5.3M
9%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $5.3M
0%
People & payroll
Highest Reported Total Compensation
Individual James Krehbiel · Reported title PRESIDENT/CEO · Highest reported compensation $0 · Total expenses $339K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $339K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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
FY2024 (Latest)$698K revenue · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$433K revenue · ⤓ 990 PDF
FY2021$301K revenue · ⤓ 990 PDF
FY2020$300K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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