2024-08-20T16:37:46-05:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-01-01 450394181 Bethany Homes Inc BETH 7012393000 201 South University Drive Fargo ND 58103 Shawn Stuhaug President/CEO 7012393000 2024-08-19 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-08-02 2023 2024-08-08 14:25:15Z Bethany Retirement Living Shawn Stuhaug 201 South University Drive Fargo ND 58103 5961008 0 X www.bethanynd.org X 1985 ND Fundraising 11 11 0 13 0 0 194120 203894 0 0 162269 36597 -11002 -9867 345387 230624 7233 8931 0 0 86258 91555 0 0 109887 48588 41596 142079 142082 203308 88542 6934980 7783951 332993 98555 6601987 7685396 X To provide living opportunities in a senior community shaped by Christian values. 0 0 8931 8931 Bethany Homes, Inc., dba Bethany Retirement Living, is the parent corporation of the following nonprofit organizations: American Lutheran Homes, Inc. (skilled nursing, transitional care, basic care and assisted living 294 residents) Bethany on 42nd (skilled nursing, assisted living, and senior housing 214 residents) Bethany Home Health Care (personal health care services 64 clients per month)During 2023, Bethany solicited donations to support these subsidiary Continued on Schedule O...programs. Bethany Homes, Inc. also provided funds to support chaplaincy services in the assisted living facilities.Donations were received to establish endowment funds to support nursing education for Bethany employees. The Lorraine Krenelka, Catherine Larson, and Kim Marchell Scholarship Programs, Health Education Loan Program (HELP), and Bethany student loan repayment bonus program provide funding for seminars, workshops, and higher education degree programs for eligible Bethany employees.The Bethany Homes North Dakota Tax Credit Endowment Fund was established in 2014, a qualified endowment under Section 57-38-01.21 of the North Dakota Century Code. The Tax Credit Endowment Fund is restricted to providing financial support in furtherance of the specifically expressed charitable purpose and mission of Bethany Homes.Bethany partners with two other nonprofit organizations, Eventide (Moorhead, MN) and Knute Nelson (Alexandria, MN) to operate BEK Care (dba Ethos Home Care and Hospice), a 501(c)(3) organization which provides home health and hospice services to the Fargo-Moorhead and surrounding communities. 8931 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 X 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X Kaye Angus 7014788906 201 South University Drive Fargo ND 58103 Charlotte Rusch Chair (Jan-Mar) 1.00 3.00 X X 0 0 0 Jack Rydell Chair (Apr-Dec) Vice Chair (Jan-Mar) 1.00 3.00 X X 0 0 0 Paulette Amundson Vice-Chair (Apr-Dec) Treasurer (Jan-Mar) 1.00 3.00 X X 0 0 0 Lianne Rockstad Secretary (Jan-Mar) 1.00 3.00 X X 0 0 0 Bruce Davidson Secretary (Apr-Dec) Trustee (Jan-Mar) 1.00 3.00 X X 0 0 0 Neal Eriksmoen Trustee 1.00 3.00 X 0 0 0 Martha Leclerc Trustee 1.00 3.00 X 0 0 0 Dan Beauchamp Trustee 1.00 3.00 X 0 0 0 Ben Carlsrud Trustee 1.00 3.00 X 0 0 0 Roger Olson Treasurer (Apr-Dec) Trustee (Jan-Mar) 1.00 3.00 X X 0 0 0 Beth Renner Trustee (as of April) 1.00 3.00 X 0 0 0 Cheryl Anderson Trustee (as of April) 1.00 3.00 X 0 0 0 Jerilynn Bratner-Adams Trustee (as of April) 1.00 3.00 X 0 0 0 Shawn Stuhaug President/CEO 2.00 48.00 X 0 353241 23438 Kaye Angus CFO 2.00 48.00 X 0 112583 15637 0 465824 39075 0 0 1 0 0 203894 203894 211295 211295 5520061 5694759 -174698 -174698 -174698 5298 19064 -13766 -13766 20460 16561 3899 3899 230624 0 0 26730 8931 8931 76153 76153 3004 3004 6808 6808 5590 5590 4275 4275 12000 12000 16743 16743 105 105 6989 6989 3 3 Memberships 1085 1085 Gift Annuity Expense 396 396 142082 8931 23264 109887 252415 261499 39367 47949 4750 5878 15264 7445 23887 23887 4 0 6520674 7353876 102506 107304 6934980 7783951 15342 16233 246899 62911 70752 19411 332993 98555 X 6015496 7087787 586491 597609 6601987 7685396 6934980 7783951 X 88542 798801 196066 X 0 1 X 1 0 X 134938 276302 269278 194120 208692 1083330 134938 276302 269278 194120 208692 1083330 78517 1004813 125911 128025 133444 162049 211295 760724 3861 4161 3705 3431 3899 19057 1863111 0.53930 0.55940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 404969 6250 70 411289 392624 12620 -275 404969 324339 33070 35215 392624 322126 7860 -5647 324339 296125 26001 322126 0.00000 0.54512 0.45488 0 0 23887 23887 0 0 Intercompany Payable 16367 Annuities Payable 3044 19411 X 1065050 798801 798801 266249 -35625 -35625 230624 177707 35625 35625 142082 0 142082 Part V, Line 4: The organization is required to use these funds to provide scholarships for nursing education. Part X, Line 2: Bethany Retirement Living believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Bethany Retirement Living would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Gift Shop Expenses Recorded in Expenses for Financial Statements -16,561. Special Event Expenses Recorded in Expenses for Financial Statements -19,064. Part XII, Line 2d - Other Adjustments: Gift Shop Expenses Recorded in Revenue on Form 990 16,561. Special Event Expenses Recorded in Revenue on Form 990 19,064. 0 0 0 0 0 0 0 0 0 Shawn Stuhaug President/CEO 0 309229 0 44012 0 0 0 12733 0 10825 0 376799 0 0 Part I, Line 3 The CEO is paid by a related exempt organization using comparability data; however, the Board of the related exempt organization also serves as the Board of the filing organization. Part V, line 2a, Number of Employees reported on W-3: American Lutheran Homes (ALH), a related organization, is the common paymaster for the filing organization and the other three related exempt organizations reported on Schedule R. Due to the four entities sharing employees, ALH reports all employees on their Form W-3. Part IX, Lines 7 through 10 reflect the salaries allocated to the filing entity based on the time each employee spends at the filing organization. Form 990, Part VI, Section A, line 1a The governing documents allow for an Executive Committee. The Executive Committee of the Board of Trustees shall consist of the Chair, Vice-Chair, Secretary, and Treasurer, and no person shall hold more than one of said offices at a time. The Executive Committee shall act only in the interval between meetings of the board and shall be at all times subject to control and direction of the board in management of corporate business. The board may also appoint such other working committees as they deem proper and necessary for the day-to-day operation of the corporation. Form 990, Part VI, Section A, line 2 The CEO and CFO both have a business relationship with each other and all of the Board Members, as the CEO and CFO are employed by another related nonprofit of which the board members serve as well. The Board serves all of the related exempt organizations listed on Schedule R. Form 990, Part VI, Section A, line 6 The Corporation shall have as members, congregations in the Fargo conference and adjoining conferences of the Evangelical Lutheran Church in America. Form 990, Part VI, Section A, line 7a Each congregation may designate from its congregation two voting delegates for the first one thousand active confirmed members in such congregation, with one additional voting delegate for each additional thousand active confirmed members in the congregation. In addition, each pastor of each participating congregation shall be a voting delegate by virtue of his office. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CFO and CEO and then provided to the Board for review prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Board officers and directors, as well as officers of the organization, complete a conflict of interest questionnaire on an annual basis. The Board reviews the conflicts to determine if a conflict exists. The individual with the conflict is required to abstain from voting if the conflict comes up in a board meeting where a decision needs to be made. This is a standing agenda item at each board meeting. Form 990, Part VI, Section B, line 15 Compensation for the CEO is paid by a related organization. That Organization has a process for determining compensation that includes an annual review by the independent board using comparability data and substantiation of the deliberation and decision. The CFO compensation is paid by a related organization. The related organization has a process that includes an annual review by the CEO and Executive Committee using comparability data. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, line 9: Change in Value of Charitable Trusts 4,798. Intercompany Transfers 191,268. Bethany on 42nd LLC 201 South University Drive Fargo ND 58103 262473268 No activity ND 0 0 Bethany Homes Inc American Lutheran Homes Inc 201 S University Drive Fargo ND 58103 450274012 Long-term care services/assisted living/basic care ND 501(c)(3) Line 11 Bethany Homes Inc 1 Bethany Home Health Care 201 S University Drive Fargo ND 58103 450433045 Promotion of health ND 501(c)(3) Line 11 Bethany Homes Inc 1 Bethany on 42nd 201 S University Drive Fargo ND 58103 261087740 Long-term care services/assisted living/independent living ND 501(c)(3) Line 11 Bethany Homes Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 American Lutheran Homes Inc S 306029 General Ledger Bethany on 42nd S 76507 General Ledger American Lutheran Homes Inc P 387447 General Ledger